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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
kumax
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December 27, 2016, 07:44:46 PM
 #241

I think, in the global internet age, having a "global" virtual currency will be more and more important, so I predict a bright future to bitcoin (and probably to other few altcoins as well). Smiley

Even if the price of BTC won't go to the moon, I don't believe it will ever become a dead currency.

There will always be some people which will want to use the advantages of cryptocurrency - ease of transactions, some level of anonymity, etc.
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December 28, 2016, 10:11:16 PM
 #242

I think that it will be a lot bigger and also more known so that is good, another thing I also think is that it will increase in price and used globally.

Only if bitcoin continue to go up like it's going all this years. To keep this progress will not be easy, this is going too fast in some moment, can bitcoin keep up the pace it have now?
I think bitcoin will worth much more then now, and it will be used more then now, but no one can predicted this accurate, the ones that will be close will be rich if they believe in their predictions.

Of course it cant but neither can any other financial instrument that goes wild for a bit then calms down. Just wait it out and hold tight.

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December 29, 2016, 04:00:35 AM
 #243

I think that it will be a lot bigger and also more known so that is good, another thing I also think is that it will increase in price and used globally.

Only if bitcoin continue to go up like it's going all this years. To keep this progress will not be easy, this is going too fast in some moment, can bitcoin keep up the pace it have now?
I think bitcoin will worth much more then now, and it will be used more then now, but no one can predicted this accurate, the ones that will be close will be rich if they believe in their predictions.

Of course it cant but neither can any other financial instrument that goes wild for a bit then calms down. Just wait it out and hold tight.
I think we predict the price of bitcoin to rise and will continue to rise, for 20 years, I guess there's going to be a major changes for the years to come and that should be positive. It's a long journey to hold but with faith we can do it.

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December 29, 2016, 04:11:03 AM
 #244

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...?
I think bitcoin will continue grow the sophistication of the modern era will continue to grow

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December 29, 2016, 04:45:20 AM
 #245

Well as we all hope bitcoin will grow and will be much more popular till that time but i just cannot predict any thing like that of what gonna happen after 20 years specially with bitcoin,even its not a surety that i will exist at that time,i just hope that bitcoin stays forever.
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December 29, 2016, 07:35:33 AM
 #246

It seems like 20 years longer use bitcoin's getting massive, I believe more than 40% of the world population will be using bitcoin, for the price I expect around $25.000


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December 29, 2016, 08:14:31 AM
 #247

Even though we are optimistic about the post 20 years scenario, I think we should consider satoshi’s statement about it. Miners will need fuel to survive and as the difficulty is increasing and the reward is decreasing, the transaction fees will be the only source for miners to keep servers alive so there must be a comparatively large number of bitcoin users to undertake a large number of bitcoin transactions. We should build a concrete user base to achieve the milestones.
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December 29, 2016, 08:59:02 AM
 #248

Well bitcoin will only be mined till 2023, 7 years from now. So It is hard to tell what will happen after 20 years. However, seeing the price run of bitcoin, it can be assumed that it will reach up to 10k after 2023. New coins will be taking place for bitcoin and bitcoin will be considered as one of the rarest currencies.

Whatever happens, one thing is sure, that bitcoin will be considered the most valuable currency even after 20 years and people will go mad over it. Whoever is earning bitcoins now, don't spend it. You may become a millionaire after 7-10 years. Who knows!

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December 29, 2016, 09:05:04 AM
 #249

It seems like 20 years longer use bitcoin's getting massive, I believe more than 40% of the world population will be using bitcoin, for the price I expect around $25.000
Yes you are right, thats really possible, the price is close to reach $1000 now. So many counteries were accept bitcoin now, I guess its number will increase. When the world is completely use bitcoin I guess it will reach more than $50.000. I think bitcoin 20 years from now will more famous.
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December 29, 2016, 10:00:35 AM
 #250

It seems like 20 years longer use bitcoin's getting massive, I believe more than 40% of the world population will be using bitcoin, for the price I expect around $25.000
Yes you are right, thats really possible, the price is close to reach $1000 now. So many counteries were accept bitcoin now, I guess its number will increase. When the world is completely use bitcoin I guess it will reach more than $50.000. I think bitcoin 20 years from now will more famous.
What people expect is not only the prices but also the worldwide adoption of bitcoin. At present, there are many countries, for example Thailand, promulgate the law which prevents people from using Bitcoin. This is really terrible. This law absolutely avoids bitcoin becoming stronger and damage Bitcoin a lot in the ecosystem. In the future, I hope that Bitcoin will be recognized by most of the people and Bitcoin restriction will be vanished
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December 29, 2016, 10:24:12 AM
 #251

It seems like 20 years longer use bitcoin's getting massive, I believe more than 40% of the world population will be using bitcoin, for the price I expect around $25.000
Yes you are right, thats really possible, the price is close to reach $1000 now. So many counteries were accept bitcoin now, I guess its number will increase. When the world is completely use bitcoin I guess it will reach more than $50.000. I think bitcoin 20 years from now will more famous.
What people expect is not only the prices but also the worldwide adoption of bitcoin. At present, there are many countries, for example Thailand, promulgate the law which prevents people from using Bitcoin. This is really terrible. This law absolutely avoids bitcoin becoming stronger and damage Bitcoin a lot in the ecosystem. In the future, I hope that Bitcoin will be recognized by most of the people and Bitcoin restriction will be vanished

I'm not so sure but I think there's still some country that are not going to adopt bitcoin and the restriction will still be implemented that will prevent the citizen from using bitcoin . and the only reason why they are not going to accept it is because of its being decentralized and autonomous and a communist country will never allow that .
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December 29, 2016, 10:27:59 AM
 #252

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...?

I think that bitcoin will never disappear but will be always the money of the free people. At least money of such people. I think even that the value will be much higher but don't think a million or more. This amount is exaggerated. I also believe that bitcoin will not be surpassed but any other crypto even there will be (exist) some crypto more ahead technologically.
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December 29, 2016, 10:37:22 AM
 #253

It seems like 20 years longer use bitcoin's getting massive, I believe more than 40% of the world population will be using bitcoin, for the price I expect around $25.000
Yes you are right, thats really possible, the price is close to reach $1000 now. So many counteries were accept bitcoin now, I guess its number will increase. When the world is completely use bitcoin I guess it will reach more than $50.000. I think bitcoin 20 years from now will more famous.
What people expect is not only the prices but also the worldwide adoption of bitcoin. At present, there are many countries, for example Thailand, promulgate the law which prevents people from using Bitcoin. This is really terrible. This law absolutely avoids bitcoin becoming stronger and damage Bitcoin a lot in the ecosystem. In the future, I hope that Bitcoin will be recognized by most of the people and Bitcoin restriction will be vanished

I'm not so sure but I think there's still some country that are not going to adopt bitcoin and the restriction will still be implemented that will prevent the citizen from using bitcoin . and the only reason why they are not going to accept it is because of its being decentralized and autonomous and a communist country will never allow that .
Thats really the reason why some countries really dont like bitcoin and they would definitely ban them and they dont like to adopt it on their governance because they know that it cant really be controlled and they cant imposed taxes on it and they are afraid that it citizens would use bitcoin to evade taxes and might being used on illegal things.

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December 29, 2016, 10:49:07 AM
 #254

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...?

I think that bitcoin will never disappear but will be always the money of the free people. At least money of such people. I think even that the value will be much higher but don't think a million or more. This amount is exaggerated. I also believe that bitcoin will not be surpassed but any other crypto even there will be (exist) some crypto more ahead technologically.

bitcoin would become the future of the people, be more progressive and rising currency. It'll become  a wild ride and also become exciting.
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December 29, 2016, 11:10:46 AM
 #255

It seems like 20 years longer use bitcoin's getting massive, I believe more than 40% of the world population will be using bitcoin, for the price I expect around $25.000
Yes you are right, thats really possible, the price is close to reach $1000 now. So many counteries were accept bitcoin now, I guess its number will increase. When the world is completely use bitcoin I guess it will reach more than $50.000. I think bitcoin 20 years from now will more famous.
What people expect is not only the prices but also the worldwide adoption of bitcoin. At present, there are many countries, for example Thailand, promulgate the law which prevents people from using Bitcoin. This is really terrible. This law absolutely avoids bitcoin becoming stronger and damage Bitcoin a lot in the ecosystem. In the future, I hope that Bitcoin will be recognized by most of the people and Bitcoin restriction will be vanished

I'm not so sure but I think there's still some country that are not going to adopt bitcoin and the restriction will still be implemented that will prevent the citizen from using bitcoin . and the only reason why they are not going to accept it is because of its being decentralized and autonomous and a communist country will never allow that .
Thats really the reason why some countries really dont like bitcoin and they would definitely ban them and they dont like to adopt it on their governance because they know that it cant really be controlled and they cant imposed taxes on it and they are afraid that it citizens would use bitcoin to evade taxes and might being used on illegal things.

definitely that's true, they wouldn't want something to be legalized on their country especially if they will never be able to have a control on it and they also know the possibility that their citizen will surely evade their taxes by using bitcoin and the government don't want it to happen because there's a possibility that their economy will suddenly fall .
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December 29, 2016, 11:20:32 AM
 #256

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 is going to stay here even after 100 years for it has revolutionized the monetary system.
I do not think any crypto can come even close to bitcoin in terms of value.Technically there maybe some good coins but they can never replace the mass acceptability of bitcoin
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December 29, 2016, 11:22:12 AM
 #257

i am sure bitcoin will be more rise and shine in 20 years and its price will be more increase and i hope we can be use our bitcoin in local shops for direct shopping from bitcoin and we will be able to use bitcoin as physical shape.
you can see the development of bitcoin at 7 this year, is simply amazing. let alone in the next 20 years would be 2 times more successful than it is today. and certainly bitcoin is far more acceptable at the time, it was the most important
Yeah, the number of things that have been achieved in a relatively short period of time, both in terms of development and in terms of reaching a larger number of people, is impressive.
But what really amazes is that this is just the beginning, Bitcoin is a stage in the history of economics that will change the way people see money.

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December 29, 2016, 12:05:22 PM
 #258

i am sure bitcoin will be more rise and shine in 20 years and its price will be more increase and i hope we can be use our bitcoin in local shops for direct shopping from bitcoin and we will be able to use bitcoin as physical shape.
you can see the development of bitcoin at 7 this year, is simply amazing. let alone in the next 20 years would be 2 times more successful than it is today. and certainly bitcoin is far more acceptable at the time, it was the most important
Yeah, the number of things that have been achieved in a relatively short period of time, both in terms of development and in terms of reaching a larger number of people, is impressive.
But what really amazes is that this is just the beginning, Bitcoin is a stage in the history of economics that will change the way people see money.
It's too early to judge but I am very optimistic how the future of bitcoin would be, for sure it's going to be another milestone of success for the next 20 years, people are already speculating bigger amount to be reach and I believe it's possible as we continue to push the price upward through our demand of bitcoins.

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December 29, 2016, 01:48:57 PM
 #259

20 years from now, bitcoin is still alive. Its success will be continuos like what is happening now. Those investors who had already start early will be rich that time. The demand of bitcoins will always go up as years pass by, I know most of us here will not stop supporting bitcoin.

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December 29, 2016, 01:56:36 PM
 #260

20 years from now, bitcoin is still alive. Its success will be continuos like what is happening now. Those investors who had already start early will be rich that time. The demand of bitcoins will always go up as years pass by, I know most of us here will not stop supporting bitcoin.
exactly right, I think the people in this forum, will never cease to look for bitcoin. Well, I also believe that the next 20 years, bitcoin will become increasingly popular, and has a high price. maybe if you have a 20 BTC at the time, to say you're one of the rich. will be very much a place for investment and business opportunities that accept bitcoin at the time.

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