Subrojit Roy
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March 18, 2017, 03:40:54 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.
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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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Taki
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March 18, 2017, 03:49:15 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. |
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Rinder
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March 18, 2017, 04:56:22 PM |
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I do see bitcoin being recognized as currencie, and people mooving their gold investments into bitcoin as store of value, but well the worse can happen and countries can invest deeply to kill bitcoin mining, but i doubt they will have sucess knowing the most miners located at China as long they support and allow those big companies bitcoin will be alive, and remain very powerful.
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Gufeng
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March 18, 2017, 05:00:01 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. So you mean to say that bitcoin will die or will it become more powerful as a currency? As looking at the growth of bitcoins I genuinely believe that it will be holding much high price in future and majority of people will start using bitcoins. |
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Harlot
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March 18, 2017, 05:19:09 PM |
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I do see bitcoin being recognized as currencie, and people mooving their gold investments into bitcoin as store of value, but well the worse can happen and countries can invest deeply to kill bitcoin mining, but i doubt they will have sucess knowing the most miners located at China as long they support and allow those big companies bitcoin will be alive, and remain very powerful.
It is now being recognized as a currency right now some big companies like steam accepts Bitcoin as a mode of payment. Why did you say so that it is not recognized as a currency? The fact that is considerably more expensive than any Fiat currency is outstanding. Also there is no need for gold investors to move their investments to Bitcoin, as an investor they can diversify and have multiple investments. Any good investor allow themselves to diversify their portfolio to cater their needs. |
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Spratan
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March 18, 2017, 05:51:24 PM |
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I don't believe in Bitcoin existing in 20 years like we know it today. Too many problems whatever the use.
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wahb
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March 18, 2017, 09:09:02 PM |
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I do see bitcoin being recognized as currencie, and people mooving their gold investments into bitcoin as store of value, but well the worse can happen and countries can invest deeply to kill bitcoin mining, but i doubt they will have sucess knowing the most miners located at China as long they support and allow those big companies bitcoin will be alive, and remain very powerful.
yes currently it is looking difficult but in future when bitcoin will become more and more popular then it will become possible and hope all the government will consider bitcoin as legal currency. |
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duuuuude
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March 18, 2017, 09:11:19 PM |
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I do see bitcoin being recognized as currencie, and people mooving their gold investments into bitcoin as store of value, but well the worse can happen and countries can invest deeply to kill bitcoin mining, but i doubt they will have sucess knowing the most miners located at China as long they support and allow those big companies bitcoin will be alive, and remain very powerful.
yes currently it is looking difficult but in future when bitcoin will become more and more popular then it will become possible and hope all the government will consider bitcoin as legal currency. That will never happen government will never support bitcoins as its an threat to their national currency and it will also end up their corrupted activities and no government will allow any digital currency to take over their national currency and I am worried what if government completely bans bitcoins? |
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delliaerd
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March 18, 2017, 11:21:48 PM |
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I do see bitcoin being recognized as currencie, and people mooving their gold investments into bitcoin as store of value, but well the worse can happen and countries can invest deeply to kill bitcoin mining, but i doubt they will have sucess knowing the most miners located at China as long they support and allow those big companies bitcoin will be alive, and remain very powerful.
yes currently it is looking difficult but in future when bitcoin will become more and more popular then it will become possible and hope all the government will consider bitcoin as legal currency. That will never happen government will never support bitcoins as its an threat to their national currency and it will also end up their corrupted activities and no government will allow any digital currency to take over their national currency and I am worried what if government completely bans bitcoins? In my point of view, will be difficult for bitcoin to get legal labels from goverment moreover to get support by them. How with own fiat (national currency) of country if the government legalized bitcoin ? Bitcoin potentially against national currency, Bitcoin users will be more and more while the citizens who use the national currencies switched to bitcoin. |
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mkc
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March 19, 2017, 12:33:11 AM |
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After 20 years. original bitcoin has been forked into countless bitcoins, we have name is btc1, btc2, ... btc??, BTU1, BTU2 ... BTUxx...
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zeze18
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March 19, 2017, 02:52:38 AM |
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20 years again is still long time, I can't imagine bitcoin, but I estimate bitcoin 20 years again will be replaced with a better money system, the same as Paypal which is now starting to be abandoned.
Yes, I agree with you that 20 years is too long to predict its value, the effective prediction of bitcoin is from 2 to 5 year from now where the value of the bitcoin and from prediction will not be far. Or just predict at least 10 years from now. I agree with your opinion, too long if we predict bitcoin 20 years into the future, I think the price of bitcoin is now relatively stable. and I hope that later the price of bitcoin will be increased to $ 2,000 |
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Question123
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March 19, 2017, 04:20:33 AM |
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I don't believe in Bitcoin existing in 20 years like we know it today. Too many problems whatever the use.
I think Bitcoin will exist in 20 years because look the price of Bitcoin its very amazing and so very high. But no one knows what happen in Bitcoin after 20 years but I hope Bitcoin will become stronger every year . Bitcoin gives opportunity to us to earn money even in your home only. So I think millions of people we don't want to replace Bitcoin in online world . Bitcoin is number and no one can stop the big future coming from Bitcoin. |
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Selly Arumsari
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March 19, 2017, 04:29:41 AM |
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I don't believe in Bitcoin existing in 20 years like we know it today. Too many problems whatever the use.
I think Bitcoin will exist in 20 years because look the price of Bitcoin its very amazing and so very high. But no one knows what happen in Bitcoin after 20 years but I hope Bitcoin will become stronger every year . Bitcoin gives opportunity to us to earn money even in your home only. So I think millions of people we don't want to replace Bitcoin in online world . Bitcoin is number and no one can stop the big future coming from Bitcoin. i agree with your opinion sir Question123 about bitcoin will exist in 20 years with looj the price of bitcoin its very amazing and so very high . but no one knows what happened in 20 years in future  |
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Pattart
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March 19, 2017, 05:49:17 AM |
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In 20 years we are using Bitcoin through Tor because goverments it will probably ban it.
agree or not, I think legalization government would also be required for the progress and development of bitcoin in the future. if bitcoin permanently prohibited from I do not know the future of bitcoin will be bright or not |
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bncbnc
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March 19, 2017, 05:57:16 AM |
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I do see bitcoin being recognized as currencie, and people mooving their gold investments into bitcoin as store of value, but well the worse can happen and countries can invest deeply to kill bitcoin mining, but i doubt they will have sucess knowing the most miners located at China as long they support and allow those big companies bitcoin will be alive, and remain very powerful.
yes that is true bitcoin will the most popular and powerful currency of the world and hope that it will exist for ever as online currency as well as fiat and will be use in off line shops like fiat currency. |
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Dux2K
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March 19, 2017, 10:31:32 AM |
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I don't believe in Bitcoin existing in 20 years like we know it today. Too many problems whatever the use.
Dont be so negative i belive we will have less problem but more solution for it use in 20 years. We cannot predict so many years in the future with certainty. |
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Wapinter
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March 19, 2017, 10:41:20 AM |
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I don't believe in Bitcoin existing in 20 years like we know it today. Too many problems whatever the use.
Dont be so negative i belive we will have less problem but more solution for it use in 20 years. We cannot predict so many years in the future with certainty. No doubt bitcoin will survive not only 20 years but as long as we can Imagine. Despite all odds bitcoin is getting stronger by day and I am sure bitcoin will soon become mainstream. |
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HaXX0R1337
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March 19, 2017, 10:53:28 AM |
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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.
I am not too sure whether the future will be like this because it is really difficult to implement a mandatory digital currency,block chain might be used to monitor the currency in the future but i really doubt whether a government likes to have those kind of transparency when it comes to the economy of the country,only with time you can know these things. |
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Hazir
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★Nitrogensports.eu★
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March 19, 2017, 11:01:55 AM |
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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.
You realize that currently more than 90% of money is stored in the digital form already? According to this source the bills and coins would make up about 8.3% of the money in the world. The future you are talking about know is happening as we speak, it hardly noticeable by ordinary citizens. |
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btcdevil
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March 19, 2017, 11:08:29 AM |
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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.
You realize that currently more than 90% of money is stored in the digital form already? According to this source the bills and coins would make up about 8.3% of the money in the world. The future you are talking about know is happening as we speak, it hardly noticeable by ordinary citizens. I think digital form you mean of online transactions which is happening right now even in fiat currency as their is no more paper currency uses as most of them are using debit and credit cards and using online services to do all bank transactions. So it is digital form and bitcoin is another form of online digital way of using currency. |
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