boyptc
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April 05, 2017, 03:40:31 AM |
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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. Not just 30 years I guess because it is the start now of decentralized currency. For sure it will be upgraded and more people will be very positive on this matter. Once almost 1/4 of the population of the whole world will recognize this. Then it will be the medium of currency of the internet people for transactions and everything that needs payment.
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dwieyani
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April 05, 2017, 04:48:41 AM |
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I and all associated with bitcoin akanmlebih forward to its next 20 years
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imutlinda
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April 05, 2017, 05:21:11 AM |
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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 hope 20 years from bitcoin can be more widely used by all people, so that makes the price of bitcoin increase. with the heavy use of bitcoin from year to year does not rule out the possibility that it will happen.
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n0ne
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April 05, 2017, 05:28:27 AM |
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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 hope 20 years from bitcoin can be more widely used by all people, so that makes the price of bitcoin increase. with the heavy use of bitcoin from year to year does not rule out the possibility that it will happen. Yeah in 20 years time the usage of bitcoin will be found enormous and the price will increase as it has got the certain limitations in the coins generation. Along with the same bitcoin will have very hard competence, as there are several virtual currency projects have been increasing rapidly.
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Ipwich
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April 05, 2017, 05:44:39 AM |
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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 hope 20 years from bitcoin can be more widely used by all people, so that makes the price of bitcoin increase. with the heavy use of bitcoin from year to year does not rule out the possibility that it will happen. Yeah in 20 years time the usage of bitcoin will be found enormous and the price will increase as it has got the certain limitations in the coins generation. Along with the same bitcoin will have very hard competence, as there are several virtual currency projects have been increasing rapidly. All we can do is just to hope we will see a continues progress on bitcoin, this would be possible if we will continue the support and help spread the awareness to the people. This system is great but it needs more exposure as for now only people who are used to technology are mostly users of bitcoin.
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btcwonder1
Jr. Member
Offline
Activity: 54
Merit: 10
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April 05, 2017, 08:20:27 AM |
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Would either go extinct or fully take over the digital world. I am saying this based on two factors - as more blocks are mined, the rewards become smaller. At some point, the reward will become so low that people will most probably lose their interest in mining new coins. On the other hand, as the number of BTC users grows, the currency will appreciate in value, gaining more attention worldwide. So both scenarios are possible. Nothing can be said for sure for now.
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There is always more to learn about Bitcoin at www.btcwonder.com
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Nevis
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April 05, 2017, 08:56:42 AM |
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Bitcoin over 20 years from now may result in many different ways and happenings.Bitcoins may end bitcoins may be gone bitcoins will still remain bitcoins will still gain more praise from people and the community.But it is depending on what will happen during that 20 year journey
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ipungadhi
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April 05, 2017, 09:10:15 AM |
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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. I thought for 20 years of bitcoin will survive. therefore a time not so long ago. especially at this time bitcoin is still in development stages. course of time it would be a good time for bitcoin
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Wong Goblog
Member
Offline
Activity: 310
Merit: 10
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April 05, 2017, 09:21:28 AM |
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I find it hard to predict the 20 years again from now, the development and advancement of technology very rapidly so I am never sure bitcoin can last up to 20 years again.
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Sled
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April 05, 2017, 09:24:50 AM |
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I find it hard to predict the 20 years again from now, the development and advancement of technology very rapidly so I am never sure bitcoin can last up to 20 years again.
Bitcoin can survive up to 20 years because you can see that the team behind bitcoin is doing their best to sustain the needs of the users and maintain the good service of bitcoin. I think this incoming few years, bitcoin will surely be improved a lot and a lot of investors will invest in bitcoin which will help the funding in doing advancements.
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Bitcoin0916
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April 05, 2017, 09:25:49 AM |
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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. I thought for 20 years of bitcoin will survive. therefore a time not so long ago. especially at this time bitcoin is still in development stages. course of time it would be a good time for bitcoin I'm not sure it could survive for up to 20 more years, currently a lot of altcoin made more perfect than bitcoin. I think the main problems to be solved is taxes, anonymous, and so on. If many of the restrictions of the countries of course difficult to be accepted legally.
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NEWGOODOUBLE
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April 05, 2017, 10:14:03 AM |
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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. the future of bitcoin key is the user so if you see users still enjoy and actually growing more and more users. we can predict that in the future bitcoin will get better
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the.scientist
Newbie
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Activity: 50
Merit: 0
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April 05, 2017, 09:53:16 PM |
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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 hope 20 years from bitcoin can be more widely used by all people, so that makes the price of bitcoin increase. with the heavy use of bitcoin from year to year does not rule out the possibility that it will happen. Yeah in 20 years time the usage of bitcoin will be found enormous and the price will increase as it has got the certain limitations in the coins generation. Along with the same bitcoin will have very hard competence, as there are several virtual currency projects have been increasing rapidly. I suppose you mean competition. In that case, I agree. Although most cryptos are scams, there are many coins that actually bring something innovative, and try to distribute it in the most fair way possible. The success of such currencies is likely to be defined by how difficult it will be for Bitcoin to implement such measures, since consensus on the network is difficult to achieve.
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FasTroy
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April 05, 2017, 10:52:54 PM |
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I find it hard to predict the 20 years again from now, the development and advancement of technology very rapidly so I am never sure bitcoin can last up to 20 years again.
Bitcoin can survive up to 20 years because you can see that the team behind bitcoin is doing their best to sustain the needs of the users and maintain the good service of bitcoin. I think this incoming few years, bitcoin will surely be improved a lot and a lot of investors will invest in bitcoin which will help the funding in doing advancements. You are right, I don't think that bitcoin will die after 20 years. In fact peoples who are here cannot stay away of bitcoin. Day by day the number of bitcoin community increase. so i don't expect that bitcoin will be useless one day, but on the contrary, it will survive and increase day by day. I think after 20 years, bitcoin will more and more priceless. people who own bitcoin will be so rich.
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Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
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April 05, 2017, 11:27:31 PM |
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Would either go extinct or fully take over the digital world. I am saying this based on two factors - as more blocks are mined, the rewards become smaller. At some point, the reward will become so low that people will most probably lose their interest in mining new coins. On the other hand, as the number of BTC users grows, the currency will appreciate in value, gaining more attention worldwide. So both scenarios are possible. Nothing can be said for sure for now.
It is entirely possible for Bitcoin to stay in a sort of limbo for 20 years, mostly if no country does anything to move Bitcoin in either direction. If there is nothing that changes and Bitcoin grows in the way it has, we might be in the same spot in another 2 decades, but it is entirely possible that any things change in the meantime. There is absolutely nothing to say which way Bitcoin will go, but most people are probably excited to see Bitcoin continue to grow, if that's what the future holds.
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boyptc
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April 06, 2017, 03:46:40 AM |
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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. I thought for 20 years of bitcoin will survive. therefore a time not so long ago. especially at this time bitcoin is still in development stages. course of time it would be a good time for bitcoin Yes most of us believe that bitcoin will survive for 20 years. And it is very possible that bitcoin can be one of the most used currency throughout the world 20 years from now. Once the development of bitcoin is done and we saw the great progress of it and many liked that change then it will make bitcoin as one of the most promising new currency.
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GreenBits
Legendary
Offline
Activity: 1148
Merit: 1048
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April 06, 2017, 04:03:54 AM |
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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. I thought for 20 years of bitcoin will survive. therefore a time not so long ago. especially at this time bitcoin is still in development stages. course of time it would be a good time for bitcoin Yes most of us believe that bitcoin will survive for 20 years. And it is very possible that bitcoin can be one of the most used currency throughout the world 20 years from now. Once the development of bitcoin is done and we saw the great progress of it and many liked that change then it will make bitcoin as one of the most promising new currency. I don't think it will be bitcoin as the leading currency at this point, but I do expect to see cryptos as a prominent method of payment within 20 years. Way easier way to.maintain a financial ledger, and the fees put current money remission to shame If anything, if we hit space, bitcoin will be space money.
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Devboy
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April 06, 2017, 04:18:23 AM Last edit: April 06, 2017, 04:32:17 AM by Devboy |
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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. I thought for 20 years of bitcoin will survive. therefore a time not so long ago. especially at this time bitcoin is still in development stages. course of time it would be a good time for bitcoin Yes most of us believe that bitcoin will survive for 20 years. And it is very possible that bitcoin can be one of the most used currency throughout the world 20 years from now. Once the development of bitcoin is done and we saw the great progress of it and many liked that change then it will make bitcoin as one of the most promising new currency. Bitcoin will be survived next 20 years strongly as I've believed hardly. Bitcoin leading the marketplace and beginning from yet have continued successful. Their no strong opponents and day by day popularity going to upwards so it's leading next generation.
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boyptc
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April 06, 2017, 05:16:53 AM |
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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. I thought for 20 years of bitcoin will survive. therefore a time not so long ago. especially at this time bitcoin is still in development stages. course of time it would be a good time for bitcoin Yes most of us believe that bitcoin will survive for 20 years. And it is very possible that bitcoin can be one of the most used currency throughout the world 20 years from now. Once the development of bitcoin is done and we saw the great progress of it and many liked that change then it will make bitcoin as one of the most promising new currency. Bitcoin will be survived next 20 years strongly as I've believed hardly. Bitcoin leading the marketplace and beginning from yet have continued successful. Their no strong opponents and day by day popularity going to upwards so it's leading next generation. We already can see it's market as a tough one and it keeps on growing. So the progress of it is not a joke, we really can see that it can even survive for a longer time. Once everything will be fixed with it's problems regarding the blocks and confirmation for sure many will start to believe on it even the gov't officials.
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virasog
Legendary
Online
Activity: 3150
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
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April 07, 2017, 06:11:23 PM |
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I find it hard to predict the 20 years again from now, the development and advancement of technology very rapidly so I am never sure bitcoin can last up to 20 years again.
Why?? Bitcoin collected to many users and we are the user which support the system so it is up to us if until when will be our support and it will last, so for sure since we can see that we really support it despite of the fact that it is the recognize by the government still it survive. Bitcoin will be only one currency by 20 years.
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