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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
phr0stbyt3
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February 12, 2017, 06:58:33 AM
 #501

If you would have asked next 3 years it would make sense but 20 years many things can happen.
First bitcoin will be rare like gold because by 2022 I guess all the bitcoins will be mined and the only way to get bitcoin would be by purchasing from someone who's willing to sell.
Second in terms of price I think after 3 years the price will be 3500$+ for sure so maybe after 20 years it will be $10000++ mostly.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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February 12, 2017, 07:16:54 AM
 #502

I hope bitcoin will be stable 20 years from now ,stable with its price and up to date technologies . It may be possible to have a world that bitcoin will be accepted by all merchants and is internationally credited to be the best digital currency . I have high hope that bitcoin would still be decentralized so that the creation of it will not be in waste.
i think it not so easy to predict about bitcoin 20 years before but we can expect that the price of bitcoin will be too good after 20 years.
because bitcoin continues to grow each year. and bitcoin users continues to grow so we can be sure that the price of bitcoin in the 20 years to come will be higher than now
yes, let's hope bitcoin be better, and has a high price in the hope ahead. although it is very difficult to predict bitcoin in the next 20 years, but we know that bitcoin teruse growing rapidly, so, of course it will lead to something better.

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February 12, 2017, 09:20:59 AM
 #503

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...?

As the market and technology both are changing very fast and we cant predict much about future. we dont know what ver idea is striking on whose mind and anytime someone could introduce a new technology and could change the current scenario within a instant.But well i guess may people will come to know about bitcoin and will adopt bitcoin a sa currency as a result its demand will increase and price will definitely go up but i cant actually guess act amount.
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February 12, 2017, 09:29:19 AM
 #504

i think that the way it is grooming all around the world..... and the way most of the people from all around the world is interested in it.... it will become the global currency in next 10 to 20 years..... and from to onward it is the best time for bitcoin....
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February 12, 2017, 03:35:21 PM
 #505

I hope bitcoin will be stable 20 years from now ,stable with its price and up to date technologies . It may be possible to have a world that bitcoin will be accepted by all merchants and is internationally credited to be the best digital currency . I have high hope that bitcoin would still be decentralized so that the creation of it will not be in waste.
i think it not so easy to predict about bitcoin 20 years before but we can expect that the price of bitcoin will be too good after 20 years.
i also expect that bitcoin price will be too good and higher after 20 years and i hope that all whole the world people will be use bitcoin in the future because we know that bitcoin adoption increasing too much faster everyday.

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February 12, 2017, 03:40:38 PM
Last edit: February 13, 2017, 02:13:44 PM by mrjoy15
 #506

I hope bitcoin will be stable 20 years from now ,stable with its price and up to date technologies . It may be possible to have a world that bitcoin will be accepted by all merchants and is internationally credited to be the best digital currency . I have high hope that bitcoin would still be decentralized so that the creation of it will not be in waste.
i think it not so easy to predict about bitcoin 20 years before but we can expect that the price of bitcoin will be too good after 20 years.
i also expect that bitcoin price will be too good and higher after 20 years and i hope that all whole the world people will be use bitcoin in the future because we know that bitcoin adoption increasing too much faster everyday.
I agree with you.This will definitely happen.Bitcoin is the future currency that represents the opportunity which must good investment at least it can be said that Bitcoin price much higher after analyzing the activity on its network.Also its great if Bitcoin could as a global currency.
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February 12, 2017, 03:40:59 PM
 #507

i think that the way it is grooming all around the world..... and the way most of the people from all around the world is interested in it.... it will become the global currency in next 10 to 20 years..... and from to onward it is the best time for bitcoin....


I want to add that the possibility of bitcoin becoming a global Currency is slim (at least not anytime soon) because Government of today don't want decentralization. They want to be able to monitor and be in control of citizen's activities. In bitcoin's case, They will want to monitor and trace transactions and Payments. You have a very high expectation though. 20 years is more than enough for bitcoin to make things right.

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February 12, 2017, 07:45:20 PM
 #508

i think that the way it is grooming all around the world..... and the way most of the people from all around the world is interested in it.... it will become the global currency in next 10 to 20 years..... and from to onward it is the best time for bitcoin....


I want to add that the possibility of bitcoin becoming a global Currency is slim (at least not anytime soon) because Government of today don't want decentralization. They want to be able to monitor and be in control of citizen's activities. In bitcoin's case, They will want to monitor and trace transactions and Payments. You have a very high expectation though. 20 years is more than enough for bitcoin to make things right.

But i can already image bitcoin as global currency. You right about odd they are slim but hope remains, maybe we will see this.

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February 12, 2017, 07:48:44 PM
 #509

i think after 20 years we will will not care much about BTC! since we all will be real rish if we hold some BTC!
i think our kids will care about crypto that time.

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February 12, 2017, 08:02:39 PM
 #510

i think after 20 years we will will not care much about BTC! since we all will be real rish if we hold some BTC!
i think our kids will care about crypto that time.

In 20 years there will be many new technologies more advanced than Bitcoin, like a currency that can be implanted into our skin or such things. I don't think Bitcoin will be as popular at the time..

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February 14, 2017, 05:21:08 PM
 #511

Already twenty years this is why we can say that bitcoins is going up and it's a good money. Moreover it proves that it's s safe money because it would be deleted if it was the cause of many problems.
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February 14, 2017, 06:09:08 PM
 #512

I hope bitcoin will be stable 20 years from now ,stable with its price and up to date technologies . It may be possible to have a world that bitcoin will be accepted by all merchants and is internationally credited to be the best digital currency . I have high hope that bitcoin would still be decentralized so that the creation of it will not be in waste.
i think it not so easy to predict about bitcoin 20 years before but we can expect that the price of bitcoin will be too good after 20 years.
i also expect that bitcoin price will be too good and higher after 20 years and i hope that all whole the world people will be use bitcoin in the future because we know that bitcoin adoption increasing too much faster everyday.
bitcoin adoption increasing and i think all whole the world already using bitcoin because bitcoin users belong to different countries and i think bitcoin 20 years will be more rise and i hope that maximum countries will be adopt it in the future.
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February 14, 2017, 07:45:09 PM
 #513

i think after 20 years we will will not care much about BTC! since we all will be real rish if we hold some BTC!
i think our kids will care about crypto that time.

In 20 years there will be many new technologies more advanced than Bitcoin, like a currency that can be implanted into our skin or such things. I don't think Bitcoin will be as popular at the time..
Maybe a chip can be implanted to send bitcoin/any coin instead of need to create another currency! there are already a person or two who has/had nfc chip implanted, so i don't think it's gonna take 20 years to develop a chip for doing bitcoin transactions.
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February 14, 2017, 08:34:56 PM
 #514

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!
I totally agree with you. More people will know about Bitcoin and as soon as they realize the benefits of Bitcoin, they will invest their money and efforts in order to obtain more Bitcoin. The more Bitcoin they have, the large profit they can have in the future. Bitcoin will become famous due to these facts and the prices will increase sharply after this event
I think in future bitcoin became the king of all the currency either it is the fait money or cryptocurrency as more and more people are attracted towards it and shown their interest in investment. it will increase oits user to the next level in that short of time.
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February 15, 2017, 04:06:08 AM
 #515

i think that the way it is grooming all around the world..... and the way most of the people from all around the world is interested in it.... it will become the global currency in next 10 to 20 years..... and from to onward it is the best time for bitcoin....
but i think it is very difficult to predict about bitcoin. no one know that what will happen after 20 years we can only expect good thing and if it continude like the preset time time it must be very good and may be trading more high and high.
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February 15, 2017, 04:12:02 AM
 #516

When we think and talk about where Bitcoin will be in the next 2 or 3 years I would think that it will be big and the price will explode. In short, all positive thoughts. But when asked where it will be in 20 years my thoughts are negative mostly. My first concern is the mining. Would it be possible for the miners to keep increasing the wasting of energy for as long as 20 years?

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February 15, 2017, 08:52:10 AM
 #517

When we think and talk about where Bitcoin will be in the next 2 or 3 years I would think that it will be big and the price will explode. In short, all positive thoughts. But when asked where it will be in 20 years my thoughts are negative mostly. My first concern is the mining. Would it be possible for the miners to keep increasing the wasting of energy for as long as 20 years?

Reactive in economic theory : more important value of the limitations of an item, whatever the system load is to be prepared will be performed. Not going to be complicated due to technological developments always perform optimizations to ease the burden of capital and energy. If necessary, large companies work together to anticipate this mining issue.



 

 

 

 

 

 


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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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ASHLIUSZ
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February 15, 2017, 08:57:11 AM
 #518

When we think and talk about where Bitcoin will be in the next 2 or 3 years I would think that it will be big and the price will explode. In short, all positive thoughts. But when asked where it will be in 20 years my thoughts are negative mostly. My first concern is the mining. Would it be possible for the miners to keep increasing the wasting of energy for as long as 20 years?

Reactive in economic theory : more important value of the limitations of an item, whatever the system load is to be prepared will be performed. Not going to be complicated due to technological developments always perform optimizations to ease the burden of capital and energy. If necessary, large companies work together to anticipate this mining issue.
20 years from now if the mining complications go out of control too large corporate give hands to make it function successfully. There comes a disaster too, corporate tries to keep everything under their control. This will affect the bitcoin as well makes it to be a currency or investment which is similar to the real word investments. Hope such a drastic scenario change won't occur in the short or long run.
just_Alice
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February 15, 2017, 09:33:44 AM
 #519

Already twenty years this is why we can say that bitcoins is going up and it's a good money. Moreover it proves that it's s safe money because it would be deleted if it was the cause of many problems.

Not exactly 20 years, it's more like 10 actually, but I agree that that's alot too. And I agree that surviving for such a long time proves Bitcoins feasibility. Bitcoin has not only survived but became more valued and much more popular during this time.

Looking back at Bitcoins hystory, at where it was in the beginning we can say that there is good reason to believe that in 20 years the price of it will be hundredfold greater than it is now.
lienfaye
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February 15, 2017, 10:15:58 AM
 #520

i think after 20 years we will will not care much about BTC! since we all will be real rish if we hold some BTC!
i think our kids will care about crypto that time.
Yeah about that time we are old enough to think about it, 20 years is so long and many things can happen in crypto world. every year is a good progress for btc since the year it was launch and i know that it will continue to grow each year.

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