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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
cjinny
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December 13, 2017, 11:15:18 AM
 #1321

Scenarios in the next 20 years for the future of bitcoin will certainly be very interesting, but I see bitcoin will be increasingly accepted by countries that currently still prohibit bitcoin as a means of transactions in its territory.
In the next twenty years I believe Bitcoin is worth over a million and remains number one in the supremacy of cryptocurency.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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WatchMaker
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December 13, 2017, 11:28:22 AM
 #1322

We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.

Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?
Bitcoin will live for a very long time just like gold did or even longer because in the future, bitcoin will be the next digital gold. Only the very rich and the high previlaged people will own bitcoins due it limited supply.

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Andika23
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December 13, 2017, 11:49:48 AM
 #1323

Bitcoin 20 years from now will more and more people use bitcoin and also many countries have started transacting through bitcoin. Because bitcoin is now getting higher in price then people are starting to raise the bitcoin right now
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December 13, 2017, 12:26:43 PM
 #1324

Its hard to say where bitcoin goes from here. Probably in 20 years, we would see other coins dominate the cryptocurrency world. Maybe there will be cryptocurrencies that created by the worlds government instead. If thats happen the people would prefer that as its more transparent, but we will never know. I mean many people predict BTC will hit 25,000 in 2022 but its already almost reaching 20,000 in December 2017 alone.
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December 13, 2017, 12:39:46 PM
 #1325

I think bitcoin prices will be more than right now Since there's a lot of confidence in bitcoin around the World, Because bitcoin is very safe, for any thing, some countries are aware that bitcoin can allow it to grow faster than others.
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December 13, 2017, 12:56:20 PM
 #1326

The transaction fees are being too high for BTC to survive i guess even now for small transactions the fees are too damn high.
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December 13, 2017, 01:16:04 PM
 #1327

Bitcoin must be at the rate of $100,000 after 20 years from now. Because its price getting high nowadays and Bitcoin community also became strong. After 20 years it may be very secure and strong.

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gesdan
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December 13, 2017, 01:24:53 PM
 #1328

bitcoin can reached until that price if bitcoin doesn't have any rival, for me maybe in the next 20 years there are many coin or digital currencies that better than bitcoin and have a good profit if we use that, so if bitcoin is more popular in the next 20 years bitcoin can have a big value

KingOfWinterfell01
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December 13, 2017, 01:26:46 PM
 #1329

Considering inflation and supply and deman dof bitcoins in the span of 20 years, maybe bitcoins will cost a million dollars each. But that's a long shot. There's a lot that can hapoen in a week, a month or even a year; imagine 20 years of Bitcoins. How much bitcoins would've fluctuated in those years.

Deborah Christine
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December 13, 2017, 02:53:47 PM
 #1330

I just can predict about bitcoin 6years from now the price maybe can reach until 1 million dollars. But for 20 years later i dont know. I can not predict about bitcoin because i dont know will bitcoin can survive or whether to be replaced by other coins we do not know. it's possible that bitcoin cash or other coins will replace bitcoin.
So i can not predict about bitcoin 20 years from now.
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December 13, 2017, 02:57:55 PM
 #1331

My predict of bitcoin in 20 years from now that many of people and county will be adopt or accept of bitcoin for the payment in the world
and the bitcoin will be a huge because some city or country like japanese is already accepted bitcoin.

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OLECOIN
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December 13, 2017, 06:42:53 PM
 #1332

20 years from now, Bitcoin will be worth $1 million
CodeGroup4
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December 13, 2017, 06:52:58 PM
 #1333

I think there will have a new version of bitcoin after 20 years from now.
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December 14, 2017, 03:45:17 AM
 #1334

My predict of bitcoin in 20 years from now that many of people and county will be adopt or accept of bitcoin for the payment in the world
and the bitcoin will be a huge because some city or country like japanese is already accepted bitcoin.
Bitcoin might be used a lot or there will be nobody using it. There isn't any coin that would cause Bitcoin to fall out of the ranks.

 
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L00n3y
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December 14, 2017, 03:53:22 AM
 #1335

We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.

Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?
20 years is long way ahead of us and nobody really knows what would happen with bitcoin or any other cryptos after 20 years. Prices of bitcoin fluctuates every now and then so it is better if we deal with bitcoins on a day to day basis.
yonjitsu
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December 14, 2017, 04:19:12 AM
 #1336

If bitcoin's market value will continue to rise like last week, then i can see a million dollar bitcoin in the next 20 years. But whether it will not reach million by that time, still, i believe that it will some other years to come.

Mazda17
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December 14, 2017, 04:30:28 AM
 #1337


I'm still optimistic with bitcoin could continue to grow because bitcoin have the opportunity to continue to rise. Problem I also believe bitcoin prices continue to rise as seen from the fluctuations, bitcoin is likely to continue to rise and it was very good for the future of bitcoin. But bitcoin will have many obstacles. For example, many cases of of theft bitcoin by hackers, it will make it difficult to believe for use bitcoin. Maybe if security is maintained and there is no guarantee of security, bitcoin will be easier to get people to use it. I believe bitcoin next 20 years will still be able to grow and compete with other crypto.
A good opinion and I totally agree with your opinion.
I can not believe that one day I will see the rise in bitcoin prices and the increasing quality of bitcoin in the eyes of the people because bitcoin will make it easier for people to use it.
I believe bitcoin 20 years ahead will still be able to grow and compete with other crypto
19faraon88
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December 14, 2017, 04:50:29 AM
 #1338

20 years. Bitcoin still the No.1 cryptocurrency in the world. And for me bitcoin price will be $500,000.00
Mazda17
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December 14, 2017, 05:05:52 AM
 #1339

It's a very long time, 30 years from now. All scenarios are possible. Bitcoin could be the strongest ever, accepted everywhere in.the world, used by almost everyone. But it could be also replaced by some totaly different cryptocurrency or system that is unknown yet. It's hard to predict when things are developing so fast.
Good attestation I am very interested in your statement.
No one knows about the development of bitcoin someday because on the one hand bitcoin may have good which people hearted but vice versa.
tiger2monkey
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December 14, 2017, 05:09:34 AM
 #1340

20 years is long and it is hard to predict what bitcoin will be at that time. As a technology, bitcoin and underlying blockchain technology will keep improving. Bitcoin may be worth a lot 20 year later, but bitcoin will be quite different as compared to today. Bitcoin may be gone forever and replaced by better coins.

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