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Rostadom
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March 19, 2017, 01:36:47 PM |
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I think that, in the future, money will be just information stored in devices. But I do not think it will be Bitcoins as we know it, because those are not very traceable and it could lead to unlawful actions and tax problems.
Then what do you think will it be? In a way, that is already happening with the plastic cards. There's an information in the card that's when accessed through ATMs, you can get money. Money is just then an information stored in your card. You can even use it as a direct way to pay for your expenses. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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posternat
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March 19, 2017, 03:22:55 PM |
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If bitcoin survive that long then it will be holding some unbelievable price and it will be widely used and accepted by that point of time as more people will be aware about it and there will be many places where we will be able to use them.
I think till that time the government will create something to make bitcoin controlled by the system and to work on heads and elite of the country. Yes, it's going to be used in many places if bitcoin survive, but I doubt that bitcoin will not change. We will not see bitcoin the same. We will not see the same? yes because it will be more higher value than what we have now and for sure there will be countries that will going to accept bitcoin and maybe time will come government will find ways to control it like in fiat |
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Zenithar
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March 19, 2017, 04:45:04 PM |
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If bitcoin survive that long then it will be holding some unbelievable price and it will be widely used and accepted by that point of time as more people will be aware about it and there will be many places where we will be able to use them.
I think till that time the government will create something to make bitcoin controlled by the system and to work on heads and elite of the country. Yes, it's going to be used in many places if bitcoin survive, but I doubt that bitcoin will not change. We will not see bitcoin the same. We will not see the same? yes because it will be more higher value than what we have now and for sure there will be countries that will going to accept bitcoin and maybe time will come government will find ways to control it like in fiat i am agree with you, i think bitcoin is now becoming more and more popular and therefore the people who are accepting bitcoins are now also increasing, and that is way we can expect that the price of bitcoin will increase more and more |
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chachaa
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March 19, 2017, 07:07:39 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. The government can not prohibit, but will limit, limit. If bitcoin is taxed with high taxes, people will lose interest in it. But this will not be a ban. I think that in 20 years, bitcoin will be an alternative currency as well as now. Just about him learns more people and his price will be higher |
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italianobitcoin
Sr. Member
 Offline
Activity: 370
Merit: 250
Forza Italia
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March 19, 2017, 07:37:52 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. A few years ago I would believe you, but now bitcoin has grown too much to just ban it. I guess bitcoin in 20 years will be mainstream or some altcoin overtook it. Although I don't see that happening on the short term. Big brother bitcoin is ruling as a boss. |
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duuuuude
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March 19, 2017, 07:44:21 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. A few years ago I would believe you, but now bitcoin has grown too much to just ban it. I guess bitcoin in 20 years will be mainstream or some altcoin overtook it. Although I don't see that happening on the short term. Big brother bitcoin is ruling as a boss. Yeah and bitcoin will always be a king of digital currency and I don't think that it can be replaced by any altcoin as the size of altcoin is too small in compare to bitcoins and in next 20 years bitcoin will hit the mainstream and most of the people will start using it. |
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azguard
Legendary
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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March 20, 2017, 12:47:52 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. A few years ago I would believe you, but now bitcoin has grown too much to just ban it. I guess bitcoin in 20 years will be mainstream or some altcoin overtook it. Although I don't see that happening on the short term. Big brother bitcoin is ruling as a boss. Yeah and bitcoin will always be a king of digital currency and I don't think that it can be replaced by any altcoin as the size of altcoin is too small in compare to bitcoins and in next 20 years bitcoin will hit the mainstream and most of the people will start using it. Think he is invented to be like king. So many have tried to copy it and be like it but still no one got close there were some attempts cant say it other vise but bitcoin will be and remain where he is right now. |
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BitFinnese
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March 20, 2017, 01:29:16 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. I agree the government will more likely choose to regulate Bitcoin than ban it. But they will never accept it as main currency. Though people probably use it as store of value until it become stable (it reaches the saturation point). Aside from that probably bitcoin scaling is solved and won't be a problem anymore. It will be used by majority of people as internet payment and confirmation will be instant. |
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Kotone
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March 20, 2017, 01:31:10 PM |
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Im always looking forward for what will be the bitcoin in that year maybe there are posibilities that bitcoin may fall and died in the middle of the year but we don't know what really the future of bitcoin will be. For me since bitcoin are really good and always on the demand maybe there are some atm machine that can withdrew our coins easily or it will turn into cash instant.
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Luke2939
Full Member
Offline
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
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March 20, 2017, 03:19:00 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. I agree the government will more likely choose to regulate Bitcoin than ban it. But they will never accept it as main currency. Though people probably use it as store of value until it become stable (it reaches the saturation point). Aside from that probably bitcoin scaling is solved and won't be a problem anymore. It will be used by majority of people as internet payment and confirmation will be instant. Sure, bitcoin cannot be banned by any Government. And they know it. In fact, if I am correct, the Nigerian Government openly said that bitcoin cannot be banned. So the next logically option for the Government would be to regulate it and tax people who are dealing with it. It would be awesome to see for our self where bitcoin will be in 20 years time. It sure is exciting! |
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stripykitteh
Legendary
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Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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March 20, 2017, 04:28:39 PM |
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Im always looking forward for what will be the bitcoin in that year maybe there are posibilities that bitcoin may fall and died in the middle of the year but we don't know what really the future of bitcoin will be. For me since bitcoin are really good and always on the demand maybe there are some atm machine that can withdrew our coins easily or it will turn into cash instant.
Bitcoin could die at any time. The payments with Bitcoin is pretty easy to do and I think that is the whole point of Bitcoin. Without having to go outside of your house and having to take a plane ticket to North Korea and pay that person $50 to get something that you saw online isn't the correct solution to sending money. Instead a person will just need a computer to receive the money within minutes. The payment solution will stay so it could get worked on even more. |
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Vorth
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March 20, 2017, 06:15:14 PM |
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Bitcoin is future , one day will be GOLD COIN , i think if we search how we make it bettre then we keep talking about it lol.
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Salazarian
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March 20, 2017, 06:56:29 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. The government can not prohibit, but will limit, limit. If bitcoin is taxed with high taxes, people will lose interest in it. But this will not be a ban. I think that in 20 years, bitcoin will be an alternative currency as well as now. Just about him learns more people and his price will be higher yes that is very much important, if government consider bitcoin as legal currency and and then they imposes a big tax on bitcoin, i think itis some ting not to be consider as good decision. |
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megynacuna
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March 20, 2017, 08:25:46 PM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
Nah, I don't think that the Governments will ban Bitcoin to the point where only people with Tor could access it. Bitcoin is pretty much used as a standard payment option when someone pays for something digitally. With mobile payments being more known to the mainstream audience, the guys and gals with smartphones will have Bitcoin Payments transferred to one another pretty easily. The Government can't really ban something that is pretty much everywhere, it's like how they did the Gold situation years ago. The government can not prohibit, but will limit, limit. If bitcoin is taxed with high taxes, people will lose interest in it. But this will not be a ban. I think that in 20 years, bitcoin will be an alternative currency as well as now. Just about him learns more people and his price will be higher yes that is very much important, if government consider bitcoin as legal currency and and then they imposes a big tax on bitcoin, i think itis some ting not to be consider as good decision. I know the governments around the world will fail to impose their control on Bitcoin and that's why they are hesitant to consider it as a legal tender so there's nothing to worry about, they cannot impose big taxes on it because it's decentralized, unless they want to shut down the Internet globally. The governments are leafy of my worries because they are toothless Bulldogs. |
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szpalata
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March 20, 2017, 10:15:56 PM |
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Bitcoin is future , one day will be GOLD COIN , i think if we search how we make it bettre then we keep talking about it lol.
Yeah, but making it better doesn't mean I necessary forking like what's going on right now. We need to make it better and move on and stop this politics they are doing with Bitcoin unlimited and the core Devs. |
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nejibens
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March 20, 2017, 10:34:40 PM |
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Bitcoin is already the first most talked crypto currency, just few years after creating it. So we can predict it will be even the most used currency worldwide after 20 years from now.
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Ipwich
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March 20, 2017, 11:36:10 PM |
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Bitcoin is already the first most talked crypto currency, just few years after creating it. So we can predict it will be even the most used currency worldwide after 20 years from now.
That's a bold prediction, I think you mean majority of the world's population are going to use bitcoin, that would be possible but the success rate is not that high. We have seen how the government react about bitcoin, they just rejected the ETF application which everyone thinks could help the progress of bitcoin. Let's think that without the support of the government, massive adoption will not happen and despite of that I still believe bitcoin can still live to serve a smaller portion of population in this world like what is in the current situation. |
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4sidedTRIANGLES
Newbie
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Activity: 9
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March 20, 2017, 11:45:44 PM |
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Bitcoin is already the first most talked crypto currency, just few years after creating it. So we can predict it will be even the most used currency worldwide after 20 years from now.
That's a bold prediction, I think you mean majority of the world's population are going to use bitcoin, that would be possible but the success rate is not that high. We have seen how the government react about bitcoin, they just rejected the ETF application which everyone thinks could help the progress of bitcoin. Let's think that without the support of the government, massive adoption will not happen and despite of that I still believe bitcoin can still live to serve a smaller portion of population in this world like what is in the current situation. makes sense I doubt it will ever be the most used especially once it reaches 21 million made and no new ones are created. It has been going up so much lately though you may be right (other than the recent drop). I imagine that just like how when stock prices are super high right before a split and everyone is trading I bet it will be popular to the end and popular after but unlike stocks bitcoin don't split so they usage might fall off eventually. |
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socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
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March 20, 2017, 11:55:08 PM |
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Bitcoin is already the first most talked crypto currency, just few years after creating it. So we can predict it will be even the most used currency worldwide after 20 years from now.
That's a bold prediction, I think you mean majority of the world's population are going to use bitcoin, that would be possible but the success rate is not that high. We have seen how the government react about bitcoin, they just rejected the ETF application which everyone thinks could help the progress of bitcoin. Let's think that without the support of the government, massive adoption will not happen and despite of that I still believe bitcoin can still live to serve a smaller portion of population in this world like what is in the current situation. I think ETF rejection before is not a problem and i think there is other issue why the price of bitcoin decreases.. Its obvious that government is no plan to help bitcoin since bitcoin is anonymous and they don't let bitcoin to be more popular.. because more anonymous people will know the use of bitcoin.. that they can use in bad things.. For now i think the good thing that bitcoin developer should they do.. developing the bitcoin about transaction speed and more site should be accepting bitcoin as payment.. I am also looking for a RPG games which is related in bitcoin.. it will be more good idea.. |
Solving blocks can't be solved without my rigs.
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Pattart
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March 21, 2017, 12:26:18 AM |
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If bitcoin survive that long then it will be holding some unbelievable price and it will be widely used and accepted by that point of time as more people will be aware about it and there will be many places where we will be able to use them.
I think till that time the government will create something to make bitcoin controlled by the system and to work on heads and elite of the country. Yes, it's going to be used in many places if bitcoin survive, but I doubt that bitcoin will not change. We will not see bitcoin the same. We will not see the same? yes because it will be more higher value than what we have now and for sure there will be countries that will going to accept bitcoin and maybe time will come government will find ways to control it like in fiat i am agree with you, i think bitcoin is now becoming more and more popular and therefore the people who are accepting bitcoins are now also increasing, and that is way we can expect that the price of bitcoin will increase more and more we've all seen the potential of bitcoin and bitcoin is great enough progress for this. I think in 20 years to come bitcoin is already very well known. may already be one of the largest commodity and online payments |
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