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Author Topic: BitCoin 20 Years From Now  (Read 70482 times)
Natalim
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February 07, 2017, 02:35:03 AM
 #461

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.




As the world moves, we can expect this type of improvement to be implemented. This will be good for us as we will be safe and we do not need to cash anymore every time we buy something.

A lot of option to transact is good for us, one of them for sure will be bitcoin because I believe it has the most advance and practical way for online transactions, the decentralization thing will rule.

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February 07, 2017, 05:29:24 PM
 #462

No chips then they will control everything but it's ok to pay with mobile devices or something similar.
Hope we will all see at least in some point happening.

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February 07, 2017, 06:03:19 PM
 #463

Well, it is very difficult to predict, because if it leads to a good thing, certainly, bitcoin will become increasingly popular, and has a high price 20 years later, but if not, we can be sure bitcoin have a low price. but, I hope, bitcoin get better at that.

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February 07, 2017, 06:11:23 PM
 #464

I hope that bitcoin is already adopted by a lot of people in many countries. Will not replace fiat, but are having mutual relationship. Will just scan your wallet embedded under your skin for easy transaction

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February 07, 2017, 10:21:46 PM
 #465

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.





This kinda reminds me of the movie "In Time" (2011) when people pays stuff with "time of live" and if u run out of time, u die. The clock were on people's forearm and they just have show it to pay things  Grin

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aardvark15
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February 07, 2017, 11:26:11 PM
 #466

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.





This kinda reminds me of the movie "In Time" (2011) when people pays stuff with "time of live" and if u run out of time, u die. The clock were on people's forearm and they just have show it to pay things  Grin

I saw that movie, it was pretty good. Obviously we will never get to a point where you are on a timer for you life, but I could see a situation where our identity is tied to a chip or retina scan and that will link to police records, bank accounts, etc.
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February 07, 2017, 11:45:40 PM
 #467

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.





This kinda reminds me of the movie "In Time" (2011) when people pays stuff with "time of live" and if u run out of time, u die. The clock were on people's forearm and they just have show it to pay things  Grin

I saw that movie, it was pretty good. Obviously we will never get to a point where you are on a timer for you life, but I could see a situation where our identity is tied to a chip or retina scan and that will link to police records, bank accounts, etc.
I also saw that movie. Today this kind of payment look unreal, but I'm sure in the future it is waiting something like that to all of us.
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February 08, 2017, 12:58:18 AM
 #468

I believe bitcoin developed at this time for the payment of the future, so I think the price could be more bitcoin reach $ 100,000

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February 08, 2017, 01:04:19 AM
 #469

It will be hard to tell how bitcoin's status would be many years from now. If we are lucky, I would assume that much time has afforded many developments in the technology, with bigger block size and worldwide acceptance on a large scale. Twenty years is actually not a long time from now but technology moves faster than you think so we will never know until we arrive at such time already.
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February 08, 2017, 01:07:51 AM
 #470

As the world moves, we can expect this type ofimprovement to be implemented. This will be good for us as we will be safe and we do not need to cash anymore every time we buy something.

A lot of option to transact is good for us, one of them for sure will be bitcoin because I believe it has the most advance and practical way for online transactions, the decentralization thing will rule.
Do you really think that chipping yourself will be an improvement? For whom? For you? I doubt it. You will be lowered to being a tool.
When you fail to pay your debt you will be switched off. I don't want to start with all the abuses chipping people potentially can create.
You will be carrying personal locator at all times, you will be prone to spying like never before. I bet governments will love the idea.
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February 08, 2017, 01:16:51 AM
 #471

More difficult to do transactions with low fees whatever they might be then, bitcoin will become an exclusive currency more expensive than diamonds.
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February 08, 2017, 01:43:57 AM
 #472

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.





I totally agree with you that there will be new way to transfer bitcoin, because of its popularity and fast development. People will find more convenience trading method. Maybe there will be the mini smartcard or some kind of code that store your money globally. But I dont think that a chip that implant to your body is a good idea because you will be radiation afected while scaning or event lost your hand or body part (where the chip implanted) from thief knife orr something. Lol
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February 08, 2017, 02:30:42 AM
 #473

I think Bitcoin 20 years from now somehow going to be more famous. And many people will have it later. We know that Bitcoin Accounts increse very fast and many people know abou it. We need to maintain these high income so that in future we'll have money that will use.


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February 08, 2017, 02:44:47 AM
 #474

It will be hard to tell how bitcoin's status would be many years from now. If we are lucky, I would assume that much time has afforded many developments in the technology, with bigger block size and worldwide acceptance on a large scale. Twenty years is actually not a long time from now but technology moves faster than you think so we will never know until we arrive at such time already.
There is nothing we can do for the future since we cannot change it, what we can do for now is to predict what will happen with bitcoin in the next 20 years. With the current success, I believe we can be more successful in the coming future, the good thing with this system is it is decentralized, if we keep putting our support on it, it will not die but will succeed more.

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February 08, 2017, 03:40:35 AM
 #475

By then we will have a way of mining that will decentralize the hashing rate all over the world. We will have solar pannels that are able to collect energy and are undetected by governments, so everyone will have those panels installed. We will have technology that allows for millions of transactions in a safe way, and the price will be over 1 million dollars per coin. We will surpass gold's marketcap.
A one million dollar price per bitcoin is a good prediction since it uplifts the spirit of the community. While the use of solar power towards sustainable and efficient bitcoin mining activities will be a good option to decrease the mining fee and at the same cut off the high electricity cost during the operation. Another thing new hardwares and software technology will make bitcoin mining much more faster and at that time we will no longer make a problem with limited blocks.
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February 08, 2017, 03:44:14 AM
 #476

A lot of supposition that bitcoin will continue to last up to 10 years, 20 years even 100 years. I think this is redundant and untested. based on the opinion of many people, I'm sure that bitcoin wouldn't be able to last up to 20 years from now.
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February 08, 2017, 03:45:17 AM
 #477

Bitcoin 20 years from now is a stable currency in the future but still can't replace fiat currency. The foundation of digital currency would gain strong foundation and woukd influence a lot of people to patronize the use of it. There will be more buying and selling of goods in the future and its more recognized with other currencies.

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February 08, 2017, 06:56:02 AM
 #478

Well, it is very difficult to predict, because if it leads to a good thing, certainly, bitcoin will become increasingly popular, and has a high price 20 years later, but if not, we can be sure bitcoin have a low price. but, I hope, bitcoin get better at that.

In 20 years , bitcoin will be fully established and will be the only currency worldwide. There will be no point of bitcoin value high or low as we will not have USD to compare with bitcoin. This is my prediction that Fiat will end and only bitcoin will pertain after 20 years from now. Lets See  Wink









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February 08, 2017, 07:10:41 AM
 #479

20 years? I d expect it to reach at least 5k in less then 3 years. Why wait 20 years? Find a way to buy at least 200 BTC and you ll be a millionaire by that time.

If you do not believe me, ask Tim Draper.

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February 08, 2017, 07:17:01 AM
 #480

Bitcoin has been on the market for less than 10 years and has done well in a short time frame, if allowed more time it should grow to greater heights as new players{investors} join the crypto world and more people get to learn about it...it should be going main stream!
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