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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
Botnake
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February 02, 2017, 07:36:11 AM
 #441

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.
20 years is a long years to wait, but if you believe the future is great it will be worth of the wait. We, investors aim to be profitable with bitcoin, so we should be putting our investment now, don't wait for the price when you are not gonna benefit of the price increase.
It does not need to put a big investment right away but saving it regularly is already a good move.

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February 02, 2017, 07:54:58 AM
 #442

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.
20 years is a long years to wait, but if you believe the future is great it will be worth of the wait. We, investors aim to be profitable with bitcoin, so we should be putting our investment now, don't wait for the price when you are not gonna benefit of the price increase.
It does not need to put a big investment right away but saving it regularly is already a good move.
Bitcoin 20 years from now nothing looks assured. Just with hope things moves on, every user of bitcoin spreading with positive energy keeps it growing. Importantly as a form of investment or trading commodity when considered people easily understands the growth percentage as well its potential.

wavespump
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February 02, 2017, 08:58:47 AM
 #443

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.
20 years is a long years to wait, but if you believe the future is great it will be worth of the wait. We, investors aim to be profitable with bitcoin, so we should be putting our investment now, don't wait for the price when you are not gonna benefit of the price increase.
It does not need to put a big investment right away but saving it regularly is already a good move.
Bitcoin 20 years from now nothing looks assured. Just with hope things moves on, every user of bitcoin spreading with positive energy keeps it growing. Importantly as a form of investment or trading commodity when considered people easily understands the growth percentage as well its potential.

People need to use money, not all bitcoin investors will hold the coin forever, they need to trade for profit, if the price is high, they would sell. $500k price is unrealistic so far, we need to be patient but if the price can't be that, we should be optimistic hmm?
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February 02, 2017, 02:40:22 PM
 #444

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...?

Perhaps by that time many company is already accepted bitcoin to their business. And probably majority of the prime commodities of the community by each country are bitcoin users almost.
wh04m1
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February 05, 2017, 10:59:26 PM
 #445

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

It is said that BTC will reach $ 2000 at the end of 2017. Currently 1 BTC is $ 1000. In other words, there will be a price increase of 2 times. If it continues this way it will reach $ 10000 at the end of 5 years.

Of course, I guess only one guess. Nobody knows the future.
kumax
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February 05, 2017, 11:19:04 PM
 #446

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

It is said that BTC will reach $ 2000 at the end of 2017. Currently 1 BTC is $ 1000. In other words, there will be a price increase of 2 times. If it continues this way it will reach $ 10000 at the end of 5 years.

Of course, I guess only one guess. Nobody knows the future.

Exactly, you just can't predict future value of bitcoin only because someone said it will be $2000 in the end of 2017, so it means it will grow to $10,000 in 5 years.
if you look on historic data of bitcoin prices, you'll see that bitcoin knows how to drop its price from $1200 to $200 within one year.
There is only one thing we can be sure about bitcoin - it's volatile! Smiley
HaXX0R1337
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February 05, 2017, 11:21:33 PM
 #447

It is said that BTC will reach $ 2000 at the end of 2017. Currently 1 BTC is $ 1000. In other words, there will be a price increase of 2 times. If it continues this way it will reach $ 10000 at the end of 5 years.

Of course, I guess only one guess. Nobody knows the future.
Bitcoin developers has to find a way to solve some basic issues we have in our hands at the moment when it comes to transactions and when they find a solution for that then it might reach the moon.When the time comes for the next halving i do expect the price of bitcoin around $3000 range and that too four years from now.

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iMaster
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February 06, 2017, 01:39:27 AM
 #448

By that time all the Bitcoin that can be mined are all out and it has reached its maximum price as possible. But seeing Bitcoin it will lose its value overtime because 20 years for an old currency is something people won't hold on because there are a lot of developments and innovations that can potentially overshadow Bitcoin everyday for 20 years. So you better watch what is something new..
carlerha
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February 06, 2017, 06:40:35 AM
 #449

It is said that BTC will reach $ 2000 at the end of 2017. Currently 1 BTC is $ 1000. In other words, there will be a price increase of 2 times. If it continues this way it will reach $ 10000 at the end of 5 years.

Of course, I guess only one guess. Nobody knows the future.
Bitcoin developers has to find a way to solve some basic issues we have in our hands at the moment when it comes to transactions and when they find a solution for that then it might reach the moon.When the time comes for the next halving i do expect the price of bitcoin around $3000 range and that too four years from now.
yes there are some minor issues that must be solve on priority basis, because these little issues are creating problems in the way of bitcoin progress. specially the slow speed of transaction the the transaction fee are the two main problems that must be solve on priority basis.
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February 06, 2017, 06:46:51 AM
 #450

Bitcoin 20 years from now maybe the worldwide currency. It can also be non-existing 20 years from now but in a very slim chance. There are lots of positive predictions about bitcoin and I believe that those will come true because of the current rapid price increase! Bitcoin is doing a very good performance this past few months.
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February 06, 2017, 10:19:40 AM
 #451

Bitcoin 20 years from now maybe the worldwide currency. It can also be non-existing 20 years from now but in a very slim chance. There are lots of positive predictions about bitcoin and I believe that those will come true because of the current rapid price increase! Bitcoin is doing a very good performance this past few months.

Yes both scenarios can happen, but to be honest im hopping for better one to become world currency. Its hard to accomplish and it will be even difficult to maintain by my opinion but it can happen it might not be in 20 years but im hopping to see it in my life time.



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February 06, 2017, 12:08:49 PM
 #452

More stores would be accepting Bitcoins in the future. Cellphones would be used to for transaction on stores by scanning stores qr code then a payment is sent to the store's Bitcoin wallet address. Credit cards would become less popular because mobile payments would be main stream or better devices like RFID chips.

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February 06, 2017, 12:20:26 PM
 #453

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...?

It's very problematic to estimate what will happen with bitcoin  after such a long time from now but i think that bitcoin will change for good and will have additional features. I'm expecting that people who have bitcoin will be able to spend them easier than now.
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February 06, 2017, 12:24:30 PM
 #454

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.

Bitcoin at $500,000.00 each is pretty awesome. If that happens then possibly I will be a millionaire already but the question is if we are all alive by that time it will happen. Your prediction is not off the charts it is very feasible and can possibly be realized when the time comes. But I foresee that if bitcoin continue to survive for 20 years then the price will be more than 1 million dollars each. The only challenge left is the small blocksize and the threat of fiat digital currency.
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February 06, 2017, 12:53:01 PM
 #455

Bitcoin 20 years from now maybe the worldwide currency. It can also be non-existing 20 years from now but in a very slim chance. There are lots of positive predictions about bitcoin and I believe that those will come true because of the current rapid price increase! Bitcoin is doing a very good performance this past few months.

Yes both scenarios can happen, but to be honest im hopping for better one to become world currency. Its hard to accomplish and it will be even difficult to maintain by my opinion but it can happen it might not be in 20 years but im hopping to see it in my life time.
Anything could happen as mentioned, at the same with the ongoing adoption and continued implementation of bitcoin's technology into several firms along with increasing acceptance in online as well physical stores confirm that it grows and never falls in the future.
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February 06, 2017, 02:38:59 PM
 #456

forget about 20 years, here we are struggling with its lifetime because government had alerted us (our nation's government) to use bitcoin on our own risk and might ban completely but chances of banning are very low but who knows when they ban. as bitcoin is a medium of the transaction of various illegal transactions like the drug dealer, criminal and so and so.
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February 06, 2017, 03:29:12 PM
 #457

Wow its a great topic to be discussed. In my opinion 20 years from now bitcoin can either be on the top of all currencies or completely out from the market. Why I said this means we all know bitcoin has got great potential to become the top of currencies. But I will explain why I said it could be completely out of tthe market. We all know that bitcoin transactions cannot be traced. If suppose it reaches in false hands, just imagine what will be the outcome. If anything like that happens or gets reported definitely government will ban all bitcoin transactions.So people will stop using bitcoins because of the fear. If people stop using bitcoins, the price will drop or crash and eventually it will be out of the scenario.
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February 06, 2017, 04:50:49 PM
 #458

Wow its a great topic to be discussed. In my opinion 20 years from now bitcoin can either be on the top of all currencies or completely out from the market. Why I said this means we all know bitcoin has got great potential to become the top of currencies. But I will explain why I said it could be completely out of tthe market. We all know that bitcoin transactions cannot be traced. If suppose it reaches in false hands, just imagine what will be the outcome. If anything like that happens or gets reported definitely government will ban all bitcoin transactions.So people will stop using bitcoins because of the fear. If people stop using bitcoins, the price will drop or crash and eventually it will be out of the scenario.
Yup that is right , Bitcoin has it all for a cryptocurrency that is out in the market. The only thing that is lacking for it to survive is the support of the government. Right now Bitcoin has been banned by countries or some countries does not recognize Bitcoin as a currency, with thise kind of treatment we expect Bitcoin's reign to be short live.
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February 06, 2017, 05:57:36 PM
 #459

I wouldn't dare predict that far but I hope bitcoin will survive all the obstacles and become realy strong and very widley accepted cryptocurrency, maybe more equal with fiat money and accepted by many governments around the world. IT has potential for that, just needs a proper chance.

malaj
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February 06, 2017, 11:07:13 PM
 #460

The rise of electronic banking and payments is increasing rapidly. I believe in 20 years, we will be using devices such as chip implants to pay for things. If bitcoin is around, I truly believe it can have a major role in the

electronic banking world, and can be used with devices such as these.




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