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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
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November 28, 2016, 03:07:17 AM
 #121

In 20 years, I think bitcoin will be a more mainstream form of payment and it will be used as a way to store money by more people. It's reputation should improve over time.

 
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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November 28, 2016, 03:20:09 AM
 #122

After 20 years.bitcoin maybe get more popular and will be used for online shopping on many site or maybe it  will be user for gaming money and other online currency
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November 28, 2016, 03:48:37 AM
 #123

After 20 years.bitcoin maybe get more popular and will be used for online shopping on many site or maybe it  will be user for gaming money and other online currency
Possibly could exceed it, if I think it is the amount of usage on the internet already defeated the other forms of payment such as credit card, paypal etc. And for the price, my estimate was up to $10,000 per btc
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November 28, 2016, 04:28:05 AM
 #124

it depends on how interested peoples to bitcoin if many people think bitcoin is great currency for the future maybe increase the value of bitcoin
it all depends on the mass argue later.

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November 28, 2016, 04:36:00 AM
 #125

Don't think it's gonna be worth nearly 1 million per BTC, but I don't think it'll be extinct either.  Twenty years is a long-ass time.  Yo hair can go gray or fall out, and you can need a wig in 20 years' time.  The wiggery at that point might even accept bitcoin, who da hell knows?

Hold onto ya bitcoin, give it to yo ungrateful, spiteful, rude-ass grandkids.  Mebbe they go gamble it all away.
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November 28, 2016, 05:29:02 AM
 #126

bitcoins 20 years from now .its gonna be huge
-people from whole over the world will be using bitcoins
-it will have more users than it has users in facebook
-bitcoins will be heard in every kids mouth
-i will be old then still i will be doing bitcoins .
kudoos Smiley

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November 28, 2016, 05:38:00 AM
 #127

Well, in my opinion 20 years from now, bitcoin would become the future of the people, it will be more progressive and rising currency. Maybe all the people in my country will know all about this, and used it. Bitcoin would become popular in the whole world. 20 years form now, we will see that bitcoin will evolve and become more mature. It will become  a wild ride and also become more exciting.
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November 28, 2016, 06:41:17 AM
 #128

Well, in my opinion 20 years from now, bitcoin would become the future of the people, it will be more progressive and rising currency. Maybe all the people in my country will know all about this, and used it. Bitcoin would become popular in the whole world. 20 years form now, we will see that bitcoin will evolve and become more mature. It will become  a wild ride and also become more exciting.

I agree that Bitcoin  will be more progressive and widely used, but being the future of people, I doubt it.  I still believe that bitcoin will never be accepted as currency of any country.  The reason for this is always the centralization issue.  Government will not allow anything to be in mainstream that they can't control.  So I believe Bitcoin will always be an alternative currency and that is the highest bitcoin can be.
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November 28, 2016, 06:45:50 AM
 #129

Our predictions won't work because we have no knowledge of who will quit mining and who will start mining all we know is it's demand will increase in future and so it's price will also increase.
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November 28, 2016, 06:55:24 AM
 #130

It is quite long how bitcoin is going to be in next 20 years, we cannot able to predict what is going to happen in the next minute. once more users are supporting definitely there will be increase in price. I hope by 20 years bitcoin will has more clients around the world with lot new technologies, where will banks acquire the technology and should install block chain to reduce the fee of banking system.
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November 28, 2016, 07:02:24 AM
 #131

it depends on how interested peoples to bitcoin if many people think bitcoin is great currency for the future maybe increase the value of bitcoin
it all depends on the mass argue later.

i agree with this because if in 20 years later, just few people will use bitcoin then its not make sense that bitcoin will be a great currency but if from now on, we spread the news about bitcoin into every place over the world, then i am sure that in just 5 years from now, people will be change their view from fiat into crypto currency and will try to using crypto currency especially bitcoin as their payment to buy something or to pay something.

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November 28, 2016, 08:02:32 AM
 #132

Our predictions won't work because we have no knowledge of who will quit mining and who will start mining all we know is it's demand will increase in future and so it's price will also increase.

Our predictions are sometimes working but it is still going to depend on the demand, support of the people for bitcoin.

So if most of us will support bitcoin until it comes up to 20 years then bitcoin will still be used and good for all of us.

Many will use it still as secondary currency for their transactions online, I'm just thinking about another good project that will able to surpass bitcoins capacity.

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November 28, 2016, 08:10:53 AM
 #133

I am afraid to make any prognoses now. Twenty years seem so far. I suppose in twenty years bitcoin will still exist, but it will have some other form. I think in that time all crypto will be joined under some one name and that One crypto will be admitted by governments and banks as any other currency.
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November 28, 2016, 08:45:17 AM
 #134

I am afraid to make any prognoses now. Twenty years seem so far. I suppose in twenty years bitcoin will still exist, but it will have some other form. I think in that time all crypto will be joined under some one name and that One crypto will be admitted by governments and banks as any other currency.
I agree with you, but I dont think that bitcon is going to exist in 20 years.
But if it is going to happen then the price is going to be very high to make it worth for miners to keep mining,at the worst scenerio,we will have another cryptocurrency that is going to rule over in 20 years.
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November 28, 2016, 01:07:26 PM
 #135

I am afraid to make any prognoses now. Twenty years seem so far. I suppose in twenty years bitcoin will still exist, but it will have some other form. I think in that time all crypto will be joined under some one name and that One crypto will be admitted by governments and banks as any other currency.
I agree with you, but I dont think that bitcon is going to exist in 20 years.
But if it is going to happen then the price is going to be very high to make it worth for miners to keep mining,at the worst scenerio,we will have another cryptocurrency that is going to rule over in 20 years.

i dont know about that government thing but to all cryptos put in one that is also hard to accomplish in any way
in 20 years bitcoin will evolve all cryptos will but we have now some progress that some governments want to implement this
will we have to wait for 20 year this is another questions but think that major thing will change in next halving by my opinion we will see lot of change in 2020 and see more this year as year of some bigger implementation and involvement of certain governments in this picture



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November 28, 2016, 01:20:38 PM
 #136

Well, in my opinion 20 years from now, bitcoin would become the future of the people, it will be more progressive and rising currency. Maybe all the people in my country will know all about this, and used it. Bitcoin would become popular in the whole world. 20 years form now, we will see that bitcoin will evolve and become more mature. It will become  a wild ride and also become more exciting.

I agree that Bitcoin  will be more progressive and widely used, but being the future of people, I doubt it.  I still believe that bitcoin will never be accepted as currency of any country.  The reason for this is always the centralization issue.  Government will not allow anything to be in mainstream that they can't control.  So I believe Bitcoin will always be an alternative currency and that is the highest bitcoin can be.
Why not?  Wink We don't know the outcome for this. If this would become the future, well i will be so glad about it. But i do believe that bitcoin can be accepted as currency in my country. Since there are many people used bitcoins, so there's a big possibility that bitcoin would be the future. Because bitcoin is a great help for us especially to the users that they make this as full time job.
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November 28, 2016, 02:40:55 PM
 #137

Now Bitcoin rapidly growing, and this is good news. We hope that in 20 years it will be the strongest currency in the world and will give rise to the development of new technologies.
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November 28, 2016, 02:46:06 PM
 #138

20 years is a long, long time to be predicting anything about bitcoin since it's a rather new thing in out world and it had a great impact since it is what it is and it's different fron what we've ever knew. Lot's of things can happen in the next few years, but if bitcoin continues at this pace we'll see a great improvment in juat a couplr of upcoming years.

So, if i were to be predicting something, I'd say that the bitcoin will poaaibly become an everyday part of our lives, like a household item where everyone will have it in the next 10-15 years and it will go on like that but i sense that banks or large corporations will have a great deal in the bitcoin business, probably taxing or the changesbin the blockchain or bitcoin code itself to be accepted the same as fiat money is.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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December 15, 2016, 09:13:08 PM
 #139

This is a problematic question. After people first appeared in space they were pretty sure that soon they will be able to appear on some planets and even live there. However, it surprisingly didn't go a lot further than just space. Taking this into consideration we can make a guess that btc will not dissappear at least, because some other (not IT) sphere will suddenly start huge developments. Will it cost a million? This sounds unrealistic as well. Unless we presuppose the great inflation, of course.

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December 15, 2016, 10:29:34 PM
 #140

This is a problematic question. After people first appeared in space they were pretty sure that soon they will be able to appear on some planets and even live there. However, it surprisingly didn't go a lot further than just space. Taking this into consideration we can make a guess that btc will not dissappear at least, because some other (not IT) sphere will suddenly start huge developments. Will it cost a million? This sounds unrealistic as well. Unless we presuppose the great inflation, of course.
We are here just to make a speculation, so feel free to speak up mate
Considering bitcoin have a slow but sure progress we can expect in the next 20 years there will be a lot of merchants adopt bitcoin
You will be a ble to buy daily needs like a pizza, coke, bread etc. In many places offline
But yeah really not sure when have to make a speculation about that high price up to million dollar, just cannot imagine what would be bitcoin if it's happened.
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