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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
agamasrori
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January 11, 2017, 04:21:03 AM
 #341

20 years from now is very long term, I doubt that bitcoin can survive in 20 years again, technology is fast forward, all that we thing best today will be stale next day. After you know my opinion, please don't hold bitcoin for long term.
The speed of internet and the connectivity is increase in the whole world. Bitcoin is increase the global access to trade and can help advance international trade. So I am sure bitcoin will get more mass adoption.


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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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January 11, 2017, 09:14:15 AM
 #342

20 years from now is very long term, I doubt that bitcoin can survive in 20 years again, technology is fast forward, all that we thing best today will be stale next day. After you know my opinion, please don't hold bitcoin for long term.
The speed of internet and the connectivity is increase in the whole world. Bitcoin is increase the global access to trade and can help advance international trade. So I am sure bitcoin will get more mass adoption.

For adoption maybe yes, but if used as a global currency I highly doubt, cryptocurrency else will probably replace the bitcoin, surely that has complete features and more sophisticated than the bitcoin.
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January 11, 2017, 09:34:01 AM
 #343

20 years from now is very long term, I doubt that bitcoin can survive in 20 years again, technology is fast forward, all that we thing best today will be stale next day. After you know my opinion, please don't hold bitcoin for long term.
The speed of internet and the connectivity is increase in the whole world. Bitcoin is increase the global access to trade and can help advance international trade. So I am sure bitcoin will get more mass adoption.

For adoption maybe yes, but if used as a global currency I highly doubt, cryptocurrency else will probably replace the bitcoin, surely that has complete features and more sophisticated than the bitcoin.

Most people are not familiar with Bitcoin yet and you want them to use other cryptocurrencies because they are better than Bitcoin in a way? Not in this century, mate. People are slow to accept new things no matter however good those things are.

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January 11, 2017, 10:01:17 AM
 #344

20 years from now is very long term, I doubt that bitcoin can survive in 20 years again, technology is fast forward, all that we thing best today will be stale next day. After you know my opinion, please don't hold bitcoin for long term.
The speed of internet and the connectivity is increase in the whole world. Bitcoin is increase the global access to trade and can help advance international trade. So I am sure bitcoin will get more mass adoption.

For adoption maybe yes, but if used as a global currency I highly doubt, cryptocurrency else will probably replace the bitcoin, surely that has complete features and more sophisticated than the bitcoin.

Most people are not familiar with Bitcoin yet and you want them to use other cryptocurrencies because they are better than Bitcoin in a way? Not in this century, mate. People are slow to accept new things no matter however good those things are.

Bitcoin will be more superior and the value will also be more then 5X of todays price the more the users are getting knowing to it and are valuing its potential. other coins cannot match the bitcoin
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January 11, 2017, 10:14:27 AM
 #345

20 years from now is very long term, I doubt that bitcoin can survive in 20 years again, technology is fast forward, all that we thing best today will be stale next day. After you know my opinion, please don't hold bitcoin for long term.
The speed of internet and the connectivity is increase in the whole world. Bitcoin is increase the global access to trade and can help advance international trade. So I am sure bitcoin will get more mass adoption.

For adoption maybe yes, but if used as a global currency I highly doubt, cryptocurrency else will probably replace the bitcoin, surely that has complete features and more sophisticated than the bitcoin.

Most people are not familiar with Bitcoin yet and you want them to use other cryptocurrencies because they are better than Bitcoin in a way? Not in this century, mate. People are slow to accept new things no matter however good those things are.

Bitcoin will be more superior and the value will also be more then 5X of todays price the more the users are getting knowing to it and are valuing its potential. other coins cannot match the bitcoin
I don't thing if the price will be 5x after 20 years.. the possible that i think the price will be is above $2000 usd this is just i think will be the price of bitcoin.. since many disadvantage about bitcoin and many people are still afraid of using it because there is no reverse payment or customers protection if they receive a wrong service or product..

Make crypto as your bank.
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January 11, 2017, 01:49:01 PM
 #346

Will Buying bitcoins now be a good option for investment??
GMPoison
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January 11, 2017, 01:53:52 PM
 #347

Will Buying bitcoins now be a good option for investment??

Look at what just happened to the price. Now it will probably rise back up sooner or later, but that's the kind of volatility you must be prepared for.
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January 11, 2017, 02:20:36 PM
 #348

Will Buying bitcoins now be a good option for investment??

Look at what just happened to the price. Now it will probably rise back up sooner or later, but that's the kind of volatility you must be prepared for.
Right now Bitcoin is worth $822 which got down from 1100$. That is a lot in just a matter of days. The price fall shows that Bitcoin even if it is 2017 it is still volatile. Bitcoin until now is still not stable I can imagine that 20 years from now maybe it will find its footing by then. 20 years is a lot for it to be stable now.
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January 11, 2017, 04:21:54 PM
 #349

Will Buying bitcoins now be a good option for investment??
Now the price is doping so it will be better t let it touch the bottom than buy and if you have already bought Bitcoin and do not want to lose than just invest in alternative coin because when Bitcoin drops than alternate coins raises so it is way to save and make some profit while Btc price is drooping.   

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January 11, 2017, 05:29:32 PM
 #350

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 keep on existing, the problem is that in 20 years quantum computers may be with us or at least they could be on the horizon and we will need action from the developers at that time to counter that somehow.

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January 11, 2017, 05:34:21 PM
 #351

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 keep on existing, the problem is that in 20 years quantum computers may be with us or at least they could be on the horizon and we will need action from the developers at that time to counter that somehow.
Well, in addition to survive, probably bitcoin will have more advanced technology weapons of today. 20 years is a long time, and I feel that the time is sufficient to make the technology useful in the world of super bitcoin. maybe in 20 years to come, it is very easy to get on the internet bitcoin, because there will be the job of the Internet that accepts everyone to work on the site. and his salary is bitcoin  Grin

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January 12, 2017, 06:04:47 PM
 #352

20 years from now is very long term, I doubt that bitcoin can survive in 20 years again, technology is fast forward, all that we thing best today will be stale next day. After you know my opinion, please don't hold bitcoin for long term.
The speed of internet and the connectivity is increase in the whole world. Bitcoin is increase the global access to trade and can help advance international trade. So I am sure bitcoin will get more mass adoption.

For adoption maybe yes, but if used as a global currency I highly doubt, cryptocurrency else will probably replace the bitcoin, surely that has complete features and more sophisticated than the bitcoin.

Most people are not familiar with Bitcoin yet and you want them to use other cryptocurrencies because they are better than Bitcoin in a way? Not in this century, mate. People are slow to accept new things no matter however good those things are.
How fast people accept something depends on the product itself, mobile phones were accepted very fast by the population, the problem with bitcoin is that not many people see a reason to adopt it since they are happy with their fiat, but as economic crisis keep getting worst and worst then people may switch to bitcoin very rapidly.

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January 12, 2017, 06:14:03 PM
 #353

How fast people accept something depends on the product itself, mobile phones were accepted very fast by the population, the problem with bitcoin is that not many people see a reason to adopt it since they are happy with their fiat, but as economic crisis keep getting worst and worst then people may switch to bitcoin very rapidly.
No all the people are not happy with fiats as there are a lot of limitations while using fiats whereas bitcoin comes with full freedom.

But the real fact is, people from many part of the world are not still aware of the real potential of bitcoin ecosystem, once the start realizing it, I believe that bitcoin will get adopted faster than mobile technology.

In 20 years, almost every person of this world will be having one or two mobile devices and with one of them, they must be having a bitcoin wallet. Yes, people need time to understand bitcoins so that to adopt it.

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January 12, 2017, 06:42:39 PM
 #354

How fast people accept something depends on the product itself, mobile phones were accepted very fast by the population, the problem with bitcoin is that not many people see a reason to adopt it since they are happy with their fiat, but as economic crisis keep getting worst and worst then people may switch to bitcoin very rapidly.
No all the people are not happy with fiats as there are a lot of limitations while using fiats whereas bitcoin comes with full freedom.

But the real fact is, people from many part of the world are not still aware of the real potential of bitcoin ecosystem, once the start realizing it, I believe that bitcoin will get adopted faster than mobile technology.

In 20 years, almost every person of this world will be having one or two mobile devices and with one of them, they must be having a bitcoin wallet. Yes, people need time to understand bitcoins so that to adopt it.

You're right in that a lot of people get frustrated with the current system, even if they don't realize what it actually is they get frustrated over. Even those people who think they're happy with the current system of fiat can't actually be. Bitcoin just needs to get in the hands of more people so they can see how much better it is, learn to trust it, then adopt it. Once that happens, the possibilities are endless. Who knows when that will happen, but I think eventually it has to happen.
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January 12, 2017, 06:50:25 PM
 #355

i hope bitcoin will be more advance and more adoption of bitcoin will be increased in 20 years and i hope we can be use our bitcoin direct shopping in anywhere in the future and bitcoin will be stronger currency.
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January 12, 2017, 07:01:00 PM
 #356

I think that bitcoins will go to 1000 dollars for one satoshi. Call me crazy, but it is very very posible. Thats why I am collecting free satoshis at  http://freebitco.in/?r=3641674 !!
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January 12, 2017, 09:00:45 PM
Last edit: January 13, 2017, 05:42:27 PM by shield132
 #357

Will Buying bitcoins now be a good option for investment??

Look at what just happened to the price. Now it will probably rise back up sooner or later, but that's the kind of volatility you must be prepared for.
Right now Bitcoin is worth $822 which got down from 1100$. That is a lot in just a matter of days. The price fall shows that Bitcoin even if it is 2017 it is still volatile. Bitcoin until now is still not stable I can imagine that 20 years from now maybe it will find its footing by then. 20 years is a lot for it to be stable now.

To my mind years means nothing for bitcoin to make it's price stable because it is very variable coin and sometimes price is changing from low to very high. To my mind if people will be interested about bitcoins and if mining rigs creator companies won't develope quickly, price will be very high in 20 year and there is halving coming which will continue and continue.

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Rosberger
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January 12, 2017, 09:17:37 PM
 #358

I think that bitcoins will go to 1000 dollars for one satoshi. Call me crazy, but it is very very posible. Thats why I am collecting free satoshis at  http://freebitco.in/?r=3641674 !!

Maybe this is possible but it will take a lot of time for sure, maybe in the far far future its possible lets hope on it.
mastica
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January 12, 2017, 09:20:24 PM
 #359

Its a big speculation but well bitcoin will be worthing around 5000-1000 dollars unit, almost all people will have part of bitcoin and wil be able to shop with that, and confirmations issue will be handled with debit cards companies that will make the transaction to happen instant like the real cards.
Johansson6
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January 12, 2017, 10:22:03 PM
 #360

I think that bitcoins will go to 1000 dollars for one satoshi. Call me crazy, but it is very very posible. Thats why I am collecting free satoshis at  http://freebitco.in/?r=3641674 !!

Maybe this is possible but it will take a lot of time for sure, maybe in the far far future its possible lets hope on it.

Lets hope on it, I think that we indeed can achieve this but 20 years is a lot time so its still the question.
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