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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
sabbirshm
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January 28, 2017, 01:09:30 PM
 #421

the only reason i think bitcoin wouldnt be around or not used is because people want money that is more reliable.having bitcoins in your wallet is still technically a sort of investment because the price keeps changing,kinda like stocks. alot of people arent going to be willing to take the risk or even waste the time.
first i would like to tell that we are not sure about tomorrow so how we can think that what would be there after 20 year but can expect that after 20 years bitcoin must be more popular and reliable because maximum people will adopt bitcoin and will use bitcoin for service.

No one really knows the future and you are right we wont know if bitcoin is still there after 20 years as of now but we have a strong view or feeling that bitcoin would be commonly used since that future years would really be hi-tech and payments are mostly digitalized.If bitcoin would die on those years then there might be a e-currency made by the government.

I don't think bircoin will die in next 20 year's because bitcoin is very strong and it's hard to vanish bitcoin.In next 20 year's, bitcoin will be developed more and millions of people will start using bitcoin.Then bitcoin will be more acceptable for government I think.Many new features will be added on bitcoin also.
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January 28, 2017, 01:54:03 PM
 #422

the only reason i think bitcoin wouldnt be around or not used is because people want money that is more reliable.having bitcoins in your wallet is still technically a sort of investment because the price keeps changing,kinda like stocks. alot of people arent going to be willing to take the risk or even waste the time.
first i would like to tell that we are not sure about tomorrow so how we can think that what would be there after 20 year but can expect that after 20 years bitcoin must be more popular and reliable because maximum people will adopt bitcoin and will use bitcoin for service.

No one really knows the future and you are right we wont know if bitcoin is still there after 20 years as of now but we have a strong view or feeling that bitcoin would be commonly used since that future years would really be hi-tech and payments are mostly digitalized.If bitcoin would die on those years then there might be a e-currency made by the government.

I don't think bircoin will die in next 20 year's because bitcoin is very strong and it's hard to vanish bitcoin.In next 20 year's, bitcoin will be developed more and millions of people will start using bitcoin.Then bitcoin will be more acceptable for government I think.Many new features will be added on bitcoin also.
From the past few years bitcoin has been growing enormously. So we cannot expect things to go in a negative manner. The price too is found good without much variation and increasing little by little. At the same how it will be after 20 years time cannot be predicted. It varies in time as well upon different special events like halving and so on.
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January 28, 2017, 02:00:21 PM
 #423

Many people think that bitcoin is the best system that is not replaceable, invincible even to survive in the future. I say that bitcoin has many weaknesses that could make bitcoin abandoned. I am not sure that bitcoin will can survive up to 20 years again. I am convinced that there is a coin that will beat bitcoin.
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January 28, 2017, 03:43:25 PM
 #424

Many people think that bitcoin is the best system that is not replaceable, invincible even to survive in the future. I say that bitcoin has many weaknesses that could make bitcoin abandoned. I am not sure that bitcoin will can survive up to 20 years again. I am convinced that there is a coin that will beat bitcoin.

Everyone of us seems to be awaiting some Bitcoin 2.0 however it's still possible for bitcoin to evolve. Did you seen the Segwith, Lightning and whatsnot discussions? Change seems incoming, and unevadeable. Change or perish.
My bet on Segwit: will not make it in time, another approach following. Unlikely they will expand the deadline for adoption, at least from what image 3rd Satoshi Roundtable depicted.
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January 28, 2017, 03:49:09 PM
 #425

Many people think that bitcoin is the best system that is not replaceable, invincible even to survive in the future. I say that bitcoin has many weaknesses that could make bitcoin abandoned. I am not sure that bitcoin will can survive up to 20 years again. I am convinced that there is a coin that will beat bitcoin.

We are in era of innovation so there is full possibility that bitcoin can be replaced by some new currency in coming years but if the price of bitcoin keeps on increasing then people will continue to use bitcoins and if price drops then people will switch to new currency and its really hard to predict what future will show us.

Bitcoin is gonna hit 100K usd
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January 28, 2017, 03:55:28 PM
 #426

Many people think that bitcoin is the best system that is not replaceable, invincible even to survive in the future. I say that bitcoin has many weaknesses that could make bitcoin abandoned. I am not sure that bitcoin will can survive up to 20 years again. I am convinced that there is a coin that will beat bitcoin.

We are in era of innovation so there is full possibility that bitcoin can be replaced by some new currency in coming years but if the price of bitcoin keeps on increasing then people will continue to use bitcoins and if price drops then people will switch to new currency and its really hard to predict what future will show us.
I think i am believe that bitcoin can be stay for long time and i think 20 years is not the end of bitcoin i think we can say more on 20 years because bitcoin right now is growing and this is the start of journey of bitcoin.. see more company are hoping and believing in bitcoin.. if you can see them i think its impossible that bitcoin will not stay for too long..
rainingbitcoins
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January 28, 2017, 05:33:16 PM
 #427

Many people think that bitcoin is the best system that is not replaceable, invincible even to survive in the future. I say that bitcoin has many weaknesses that could make bitcoin abandoned. I am not sure that bitcoin will can survive up to 20 years again. I am convinced that there is a coin that will beat bitcoin.

We are in era of innovation so there is full possibility that bitcoin can be replaced by some new currency in coming years but if the price of bitcoin keeps on increasing then people will continue to use bitcoins and if price drops then people will switch to new currency and its really hard to predict what future will show us.
I think i am believe that bitcoin can be stay for long time and i think 20 years is not the end of bitcoin i think we can say more on 20 years because bitcoin right now is growing and this is the start of journey of bitcoin.. see more company are hoping and believing in bitcoin.. if you can see them i think its impossible that bitcoin will not stay for too long..

Bitcoin is a long term player and won't disappear so easily your are right that this is just an beginning and it has long way to go as many more companies and businesses will start accepting bitcoins which will take bitcoins to a next level and that will bring attention of people who are still not aware about it.

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CloudStrife
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January 29, 2017, 11:05:54 AM
 #428

the only reason i think bitcoin wouldnt be around or not used is because people want money that is more reliable.having bitcoins in your wallet is still technically a sort of investment because the price keeps changing,kinda like stocks. alot of people arent going to be willing to take the risk or even waste the time.
first i would like to tell that we are not sure about tomorrow so how we can think that what would be there after 20 year but can expect that after 20 years bitcoin must be more popular and reliable because maximum people will adopt bitcoin and will use bitcoin for service.

No one really knows the future and you are right we wont know if bitcoin is still there after 20 years as of now but we have a strong view or feeling that bitcoin would be commonly used since that future years would really be hi-tech and payments are mostly digitalized.If bitcoin would die on those years then there might be a e-currency made by the government.
We are seeing new technologies appearing every year in cryptocurrency space, so Bitcoin needs to have good developers and a good development process to stay as efficient as the competition, Bitcoin also needs considerable progress in terms of adoption. If such requirements are met, Bitcoin will certainly be around for many years.
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January 29, 2017, 12:27:43 PM
 #429

the only reason i think bitcoin wouldnt be around or not used is because people want money that is more reliable.having bitcoins in your wallet is still technically a sort of investment because the price keeps changing,kinda like stocks. alot of people arent going to be willing to take the risk or even waste the time.
first i would like to tell that we are not sure about tomorrow so how we can think that what would be there after 20 year but can expect that after 20 years bitcoin must be more popular and reliable because maximum people will adopt bitcoin and will use bitcoin for service.

No one really knows the future and you are right we wont know if bitcoin is still there after 20 years as of now but we have a strong view or feeling that bitcoin would be commonly used since that future years would really be hi-tech and payments are mostly digitalized.If bitcoin would die on those years then there might be a e-currency made by the government.
We are seeing new technologies appearing every year in cryptocurrency space, so Bitcoin needs to have good developers and a good development process to stay as efficient as the competition, Bitcoin also needs considerable progress in terms of adoption. If such requirements are met, Bitcoin will certainly be around for many years.
That insights of you have a point also,it is really matter that with this great innovation on what really needs to be updated to every changes of technology has to be made.I guess it's not the problem when it comes on adopting modern development through technologies bitcoin to have its continous progress for the coming years because who build and innovate bitcoin will see too it that it will adopt every changes the technology has to offer,and it will continue to be a fully updated cryptocurrency for more years to come.

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January 29, 2017, 12:39:56 PM
 #430

I think the next 20 years could bitcoin is growing very well. at the time that bitcoin will experience a significant increase compared to today. bitcoin might even have become a currency substitute for real money. so bitcoin already recognized regulations and rules.
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January 29, 2017, 12:44:37 PM
 #431

I think the next 20 years could bitcoin is growing very well. at the time that bitcoin will experience a significant increase compared to today. bitcoin might even have become a currency substitute for real money. so bitcoin already recognized regulations and rules.

That's true because Bitcoin in 20 years from now will see a couple of halvings a which are directly proportional to bitcoin price ascendency so I think value wise it will pump up really great and economic wise I think a lot of fiats might start to feel its pressure hence some governments might start integrating it into their economy to co-exist with their local fiat.
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January 30, 2017, 12:00:46 PM
 #432

what can be the expected equivalence of bitcoins to  dollar in the next 5 years ?
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January 30, 2017, 12:42:05 PM
 #433

what can be the expected equivalence of bitcoins to  dollar in the next 5 years ?

How do you mean it? Equivalence in terms of value, that one bitcoin will be equal to one dollar, or in terms of adoption, that bitcoin will be used as widely as us dollar?
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January 30, 2017, 01:12:25 PM
 #434

You do not have to wait for 20 years. We can see how Bitcoin develops when we look at the situation 5 years ago and today's situation.
Bitcoin will develop much faster over the next 5 years.

I think 1BTC = $ 10000
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February 01, 2017, 06:47:44 PM
 #435

You do not have to wait for 20 years. We can see how Bitcoin develops when we look at the situation 5 years ago and today's situation.
Bitcoin will develop much faster over the next 5 years.

I think 1BTC = $ 10000

btc to be 10k in 5 years dunno about think it will be hard to accomplish this in 5 years.
still this is magic price for me but not gonna be any time soon

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February 01, 2017, 06:55:10 PM
 #436

Many people think that bitcoin is the best system that is not replaceable, invincible even to survive in the future. I say that bitcoin has many weaknesses that could make bitcoin abandoned. I am not sure that bitcoin will can survive up to 20 years again. I am convinced that there is a coin that will beat bitcoin.

We are in era of innovation so there is full possibility that bitcoin can be replaced by some new currency in coming years but if the price of bitcoin keeps on increasing then people will continue to use bitcoins and if price drops then people will switch to new currency and its really hard to predict what future will show us.
I think i am believe that bitcoin can be stay for long time and i think 20 years is not the end of bitcoin i think we can say more on 20 years because bitcoin right now is growing and this is the start of journey of bitcoin.. see more company are hoping and believing in bitcoin.. if you can see them i think its impossible that bitcoin will not stay for too long..

Bitcoin is to be mine for another century so 20 years is still young for Bitcoin as a currency.  I think as long as Bitcoin keep on adapting the community needs and upgrade in technology is always done, it will be hard for the contender to take bitcoin's throne as the top cryptocurrency.  The reason is that this contender needs to overcome the base user of Bitcoin.  It is not about the price but it s about the adoption of masses.  There are altcoin that has better features than Bitcoin but they are having a hard time gathering community simply because people of cryptocurrency have already put their trust in Bitcoin Blockchain.
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February 01, 2017, 07:06:19 PM
 #437

what can be the expected equivalence of bitcoins to  dollar in the next 5 years ?

How do you mean it? Equivalence in terms of value, that one bitcoin will be equal to one dollar, or in terms of adoption, that bitcoin will be used as widely as us dollar?
I am also trying to understand... If it refers to the participation of each currency in the market, one variable that can help compare them is the marketcap, but the dollar marketcap is in the trillions. While the market cap of Bitcoin, at the moment, is about 15.8 billion. So I think it will take more than five years for Bitcoin to have a presence in the market comparable to the dollar.

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February 01, 2017, 07:17:14 PM
 #438

Probably everything would be easy to buy with digital currency
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February 01, 2017, 07:57:29 PM
 #439

what can be the expected equivalence of bitcoins to  dollar in the next 5 years ?

I have seen everything between 150 dollars and 1100 dollars, so exspecting everything inside this range again. History repeats.
The long term projection might promise some slight but steady slope leading upwards. But between these markers Bitcoin just stays volatiletradeable.
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February 01, 2017, 08:24:51 PM
 #440

I really think, that bitcoin will be in 2037 a leading currency.
One bitcoin will cost 500.000 Dollar.

You can buy it and pay with it everywhere.
There will be some more currencys but bitcoin will be one leading currency that the whole world knew and accepted.

I hope you will right. We all here going to be rich if one bitcoin will cost 500.000 Dollar Smiley. 20 years is really long time at this days. Even a third world war could start or maybe world economy will bankrupt. But if everything is going to be alright, I think bitcoin will be the most using money at 2037.
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