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Author Topic: BitCoin 20 Years From Now  (Read 70414 times)
Yakamoto
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April 02, 2017, 07:42:51 PM
 #781

There's a ton of different variables that can affect where Bitcoin go at the end of two decades, especially now considering that we're looking at Bitcoin in 2037. Governments from all over the world can make their own stances ranging from dramatically in favor to vehemently opposed, and each country has its own impact.

Chances are Bitcoin will still be going strong in 2037, but a lot of stuff can happen in 2o years, especially considering the modern geopolitical climate.
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April 02, 2017, 09:14:54 PM
 #782

After 20 years,bitcoin would be accepted by most of business shops worlwide as a payment method.At that time,bitcoin price would be very high and people may even find it difficult to buy 0.01 btc due to high price.US Dollar would have lost its position as global reserve currency by that time.Many more smaller countries would have accepted bitcoin as their national currency by that time.
bitcoin would be really acceptable in anywhere worldwide as a payment method in the future and i heard that some country start to accept bitcoin as a payment method and i hope it will happen sooner all around the world .
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April 02, 2017, 11:21:21 PM
 #783

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...?
I think bitcoin by that time is the main currency of the entire world. Maybe all businesses around the world also are accepted bitcoin as payment in the business industry. And perhaps the value of bitcoin would be much much higher. Wink

I agree with you that if bitcoin becomes popular in the future, then it will become very expensive. That's why it makes sense to buy bitcoin today and store it for a long time
yes no doubt that the popularity of bitcoin is increasing from time to time but still we cannot say anything about the future of bitcoi so early.
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April 03, 2017, 05:22:45 AM
 #784

The singularity should be hitting around 20 years from now, probably from some specialized mining for an alt coin. At that point I don't think bitcoin will really matter Wink
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April 03, 2017, 06:12:30 AM
 #785

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...?
I think bitcoin by that time is the main currency of the entire world. Maybe all businesses around the world also are accepted bitcoin as payment in the business industry. And perhaps the value of bitcoin would be much much higher. Wink

I agree with you that if bitcoin becomes popular in the future, then it will become very expensive. That's why it makes sense to buy bitcoin today and store it for a long time
yes no doubt that the popularity of bitcoin is increasing from time to time but still we cannot say anything about the future of bitcoi so early.

Yes the future is unpredictable and there is no guarantee that bitcoin will survive that long and if it survives then it will surely leading the world but we cannot predict what will be exact scenario after 20 years as we may find many other new currencies at that time.
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April 03, 2017, 06:17:24 AM
 #786

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...?
I think bitcoin by that time is the main currency of the entire world. Maybe all businesses around the world also are accepted bitcoin as payment in the business industry. And perhaps the value of bitcoin would be much much higher. Wink

I agree with you that if bitcoin becomes popular in the future, then it will become very expensive. That's why it makes sense to buy bitcoin today and store it for a long time
yes no doubt that the popularity of bitcoin is increasing from time to time but still we cannot say anything about the future of bitcoi so early.

We are just being in good side of bitcoin, maybe there will be times that bitcoin will gonna go down yet the positivity of the users will not be hinder by that..
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April 03, 2017, 06:29:25 AM
 #787

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...?
I think bitcoin by that time is the main currency of the entire world. Maybe all businesses around the world also are accepted bitcoin as payment in the business industry. And perhaps the value of bitcoin would be much much higher. Wink

I agree with you that if bitcoin becomes popular in the future, then it will become very expensive. That's why it makes sense to buy bitcoin today and store it for a long time
For as long as there is a solution to the ever increasing transaction fees, then bitcoin might have a better future. I am not going to use bitcoin as a currency if it means having to pay more than I should when I have other means to do my transactions. But as an investment, it is undeniably one of the best performing assets the world over. Makes me think how it is going to be priced many years from now compared to the dollar.
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April 03, 2017, 06:43:50 AM
 #788

I think bitcoin can't survive until 20 years from now, maximum maybe only 8 years again. The security and banned from the government is the main factor that make bitcoin can't survive for long term.
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April 03, 2017, 07:11:28 AM
 #789

I think bitcoin can't survive until 20 years from now, maximum maybe only 8 years again. The security and banned from the government is the main factor that make bitcoin can't survive for long term.
I don't think so, thus instead, I think the government will be accepted this cryptocurrency (Bitcoin)
as the official currency in the future. Because the growth of user Bitcoin
every year is always increasing, I think bitcoin will get a beautiful life in the future
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April 03, 2017, 07:37:45 AM
 #790

I think theres a possibility for bitcoin to just stay as a niche thing for a long time and never even break into the mainstream market. I hope this doesnt happen as if it breaks into the mainstream, most of us will be rich , but its definitely a possibility.

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April 03, 2017, 11:21:53 AM
 #791

I think bitcoin can't survive until 20 years from now, maximum maybe only 8 years again. The security and banned from the government is the main factor that make bitcoin can't survive for long term.
I don't think so, thus instead, I think the government will be accepted this cryptocurrency (Bitcoin)
as the official currency in the future. Because the growth of user Bitcoin
every year is always increasing, I think bitcoin will get a beautiful life in the future

No one can knows what will be the action taken by government in future regarding bitcoins and we also cannot be sure that bitcoin will survive that long or not as its impossible to predict anything about the scenario after 20 years and if bitcoin will be still alive by then it would be holding some extraordinary price.
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April 03, 2017, 11:23:11 AM
 #792

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...?
According to what I read and watched it in you tube about in bitcoin after a years from now, as far as I can remember 6 years from now base on the projection by the bitcoin specialist it will become 10,000$ so it can be that after 20yrs. bitcoin would be 50,000$ and perhaps, by that time all people around the world are bitcoin users.
poetra2501
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April 03, 2017, 03:01:02 PM
 #793

I think bitcoin can't survive until 20 years from now, maximum maybe only 8 years again. The security and banned from the government is the main factor that make bitcoin can't survive for long term.
I don't think so, thus instead, I think the government will be accepted this cryptocurrency (Bitcoin)
as the official currency in the future. Because the growth of user Bitcoin
every year is always increasing, I think bitcoin will get a beautiful life in the future

No one can knows what will be the action taken by government in future regarding bitcoins and we also cannot be sure that bitcoin will survive that long or not as its impossible to predict anything about the scenario after 20 years and if bitcoin will be still alive by then it would be holding some extraordinary price.
Of course, if the bitcoin survived up to 20 years I believe the price will be very high.
Because it proves that this is bitcoin is really one of the reliable of cryptocurrency.
Also I am always hope the government can adopted Bitcoin as a official currency.
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April 03, 2017, 05:06:24 PM
 #794

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...?
Earlier I used to think that after 20 years bitcoin will be only used as an online currency and what not. But now looking at it i feel that just the prices of bitcoin will increase and rest everything will almost remain the same
 Only a few more firms will accept bitcoin as even ETF rejected bitcoin so can't predict now.
The prices will increase slowly but after certain years.

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April 03, 2017, 05:19:42 PM
 #795

I think bitcoin can't survive until 20 years from now, maximum maybe only 8 years again. The security and banned from the government is the main factor that make bitcoin can't survive for long term.
I don't think so, thus instead, I think the government will be accepted this cryptocurrency (Bitcoin)
as the official currency in the future. Because the growth of user Bitcoin
every year is always increasing, I think bitcoin will get a beautiful life in the future

No one can knows what will be the action taken by government in future regarding bitcoins and we also cannot be sure that bitcoin will survive that long or not as its impossible to predict anything about the scenario after 20 years and if bitcoin will be still alive by then it would be holding some extraordinary price.
Of course, if the bitcoin survived up to 20 years I believe the price will be very high.
Because it proves that this is bitcoin is really one of the reliable of cryptocurrency.
Also I am always hope the government can adopted Bitcoin as a official currency.

I have doubts that governments of all countries are ready to accept bitcoin as the official currency. For some, this may simply be a collapse of the economy.
But, maybe in 20 years, the economy of all countries will be ready to accept cryptocurrency
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April 03, 2017, 05:58:45 PM
 #796

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 hard to comment on the future. It's a bit difficult to make estimates, especially for technology-related issues. Because there's always something new going on. We are consuming technological innovations very quickly.

But in my opinion, bitcoin will start to be used more. At the same time bitconin will increase in value.
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April 03, 2017, 07:35:29 PM
 #797

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 hard to comment on the future. It's a bit difficult to make estimates, especially for technology-related issues. Because there's always something new going on. We are consuming technological innovations very quickly.

But in my opinion, bitcoin will start to be used more. At the same time bitconin will increase in value.
yes it is not such an easy job to predict about the future of bitcoin. i think the future of bitcoin is too much bright therefore we can expect that in future even in 20 years the future of bitcoin will remain bright and hope that the price of bitcoin will be trading high and high.

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April 05, 2017, 02:29:13 AM
 #798

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 hard to comment on the future. It's a bit difficult to make estimates, especially for technology-related issues. Because there's always something new going on. We are consuming technological innovations very quickly.

But in my opinion, bitcoin will start to be used more. At the same time bitconin will increase in value.
yes it is not such an easy job to predict about the future of bitcoin. i think the future of bitcoin is too much bright therefore we can expect that in future even in 20 years the future of bitcoin will remain bright and hope that the price of bitcoin will be trading high and high.
There is no doubt about the price, the only thing for sure is that the price of the bitcoin is going to be much higher 20 years from now unless the world bans it from use than it will be worthless.

The only thing that I hope for in the future is that the developers work on taking bitcoin to the next level by making transaction less slow and implementing it in all the shops of the world so it gets more and more popular.
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April 05, 2017, 02:52:24 AM
 #799

I think bitcoin can't survive until 20 years from now, maximum maybe only 8 years again. The security and banned from the government is the main factor that make bitcoin can't survive for long term.

No, bitcoin can survive until up to 20 years and longer. The total market cap of it keeps on growing and that's the reason why it can survive for a longer time, there would be changes and upgrade but it will remain as the original/origin of cryptos. And once 20 years has passed, the price will become bigger and we can use 1 satoshi for buying something.



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Rainbot
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Polisi Ndeso
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April 05, 2017, 03:10:49 AM
 #800

I think bitcoin can't survive until 20 years from now, maximum maybe only 8 years again. The security and banned from the government is the main factor that make bitcoin can't survive for long term.

No, bitcoin can survive until up to 20 years and longer. The total market cap of it keeps on growing and that's the reason why it can survive for a longer time, there would be changes and upgrade but it will remain as the original/origin of cryptos. And once 20 years has passed, the price will become bigger and we can use 1 satoshi for buying something.
Yeah right, I'm sure the bitcoin will last up to 30 years old again and later the price could reach more than $10.000. users of the bitcoin will reach more than 10% of the world population.
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