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Author Topic: BitCoin 20 Years From Now  (Read 70421 times)
Webberson
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December 14, 2017, 05:46:49 AM
 #1341

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...?

Regarding the above subject topic, there is no certainty based on the future of bitcoin 20 years from now. It is a maybe, could be or  would be situation.
But considering the pace the currency is moving and considering the innovation and concept behind the cryptocurrency, is something to actually reckon with and as a result, i believe that in 20 years from now, bitcoin would have been accepted and used globally.

cyriljundos
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December 14, 2017, 05:59:07 AM
 #1342

But I see that bitcoin has some weaknesses. But it is
I can imagine that with developing technology a new generation of cryptocurrency can come up where weak areas are raising the price can be really high than the current one but 1 million per bitcoin is very hard to reach or almost impossible for 20 years.

Sanitough
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December 14, 2017, 06:01:43 AM
 #1343

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...?

Regarding the above subject topic, there is no certainty based on the future of bitcoin 20 years from now. It is a maybe, could be or  would be situation.
But considering the pace the currency is moving and considering the innovation and concept behind the cryptocurrency, is something to actually reckon with and as a result, i believe that in 20 years from now, bitcoin would have been accepted and used globally.
Let's learn how to cash out, the moment our target price is met then we should cash out and enjoy the profit.
Not that we have to cash out everything, we still have to put something for the future but regardless of what will happen, even the bad side, at least
we have already made a profit on it.
SummonKing2
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December 14, 2017, 06:21:05 AM
 #1344

I do not know what will happen to bitcoin 20 years from now. But I think that's exactly what we'll do here. Since we're rapidly approaching the ten year anniversary of Bitcoin's whitepaper publication, I'll try to project out twenty years to see the evolution of Bitcoin, blockchain, alternative cryptocurrencies and decentralization.
russelle
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December 14, 2017, 06:37:19 AM
 #1345

20 years is quite long time to predict anything accurately, i don't think anybody will be able to know what will happen to bitcoin or what will be the price of bitcoin after 20 years. mybe many people more interest to bitcoin
Jayrmalakas
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December 14, 2017, 06:51:45 AM
 #1346

the super bitcoin is the name of the bitcoin after 20 years, because of its steady price increase in market value will become millionaires after 20 years and around the world using bitcoin will also reduce the suffering or People who live on the road since 70 percent of the world's countries are using bitcoin and become riches countries

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Rosilito
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December 14, 2017, 06:57:03 AM
 #1347

I guess bitcoin value is better than I expected. That range of time is big allotment for bitcoin to gather money and gain a big amount of money. And also, I guess bitcoin is half discovered that time and some improvements will be just down there waiting. Most transactions will used bitcoin as a medium of exchange, like a restaurant that serves food for an exchange to bitcoin and to some other business. By that discoveries and innovation will probably help the world to improve
Direwolve735
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December 14, 2017, 09:53:00 AM
 #1348

In my opinion, in 20 years, Bitcoin will cost a million dollars. The current price of bitcoin is far from the limit. But to achieve this goal, investors must invest at least 1% of their fortune in this crypto currency. Bitcoin is the best tool against autocracy, currency restrictions and other forms of destruction of values. It becomes more and more popular. It means that people are interested and see the prospects in it. The Bitcoin`s price will continue to grow in parallel with the popularity of the crypto currency. I believe that it will have new qualities, advantages, due to which it will become more in demand.As for me, Bitcoin even has a chance to establish the functioning of the world, to improve and develop it.
halenephthys
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December 14, 2017, 11:28:36 AM
 #1349

When used properly and continue to develop in the next few years, it is possible to still exist 20 years from now.

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December 14, 2017, 11:48:57 AM
 #1350

Its too long time period. May be bitcoin disappear and some thing new is in market.

According to my judgement Bitcoin will increase for the next 9 months drastically. After this time anytime bubble may be burst.

But if it survives for 20 years then definitely it price will be drastically higher at that time. No assumption for that ....)
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December 14, 2017, 02:41:09 PM
 #1351

20 years from now there is a decent chance it will still exist, the question is more whether or not it will grow a considerable amount, community wise in the case, or if it is going to simply stagnate somewhere close to where we are currently. The value grows a lot with the community, and shrinks in the same way.

In my own opinion and using the performance of bitcoin now as basis; I think bitcoin can be consider its monetary value as a medium of exchange for commercial transaction by most of the countries.
It is great thing once it happen since every country will have a civilized society.
StonedWolf
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December 14, 2017, 03:06:41 PM
 #1352

This question is very difficult to answer logically, except that you want us to imagine the situation 20 years forward, since all the mathematical models that have worked in order to predict such a situation, lose its credibility and the percentage of error become very high more than we advance in time. The main reason behind this problem is that we do not have the necessary information, since several factors awould emerged while many other would disappear.

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December 14, 2017, 06:05:50 PM
 #1353

With technology evolving everything, for sure bitcoin will gain its new generation version, with better features than the one we currently have.
huige007
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December 14, 2017, 07:45:03 PM
 #1354

I do not know what will happen to bitcoin 20 years from now. But I think that's exactly what we'll do here. Since we're rapidly approaching the ten year anniversary of Bitcoin's whitepaper publication, I'll try to project out twenty years to see the evolution of Bitcoin, blockchain, alternative cryptocurrencies and decentralization.
It is very important to save something against the rainy day. If you will save some money you will earn profit through it. If a person is in need of money he should simply first try to manage the problem and try not to cash out your bitcoin but now if you will hold your bitcoin for the long time it will give you profit. For long time people use to earn money from bitcoin by saving it.
saycryptohello
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December 14, 2017, 07:49:17 PM
 #1355

20 years a long period for predictions, perhaps in the future will be some bitcoin 2.0 and maybe some sort of tulip fever Wink
angaper
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December 14, 2017, 10:47:36 PM
 #1356

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 have no doubt that in twenty years the bitcoin will still exist, but I do not see it in the predominant place that it now has, but rather it will have a symbolic value, perhaps marginal among lovers of old technologies, just as there are now those who collect vinyl records. I do not even think that the economy of 2038 follows the same current paradigms and even something that we can not even imagine will replace the current cryptcurrencies in the same way that twenty years ago we never imagined that the current cyptos would exist.
KingKrypto
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December 14, 2017, 10:52:22 PM
 #1357

20 years from now there is a decent chance it will still exist, the question is more whether or not it will grow a considerable amount, community wise in the case, or if it is going to simply stagnate somewhere close to where we are currently. The value grows a lot with the community, and shrinks in the same way.

I think in 20 years the crypto could achieve lot, not BTC alone, but the whole blockchain concept. See how far we got with video games in 20 years. Imagine what's gonna happen in the next 20. VR and AR. INSANE!
Bitcoinismylife12345
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December 14, 2017, 11:11:33 PM
 #1358

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...?
Theres a lot of chance that bitcoin is still existing 20 years from now, but the problem is, if it has the ability to remain what it is now or if it has the power to grow more. As well as technology, bitcoin is improving day by day, and it may be more valuable than today, but also, bitcoin may be died in time we didn't expected to and replace by another cryptocurrency.
Ayasena
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December 14, 2017, 11:30:43 PM
 #1359

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...?

twenty years is so long away from now, no one pretty what will happen by then. but to my opinion, if bitcoin still exist i believe the price would be more than a million. for now, we see no other alt can take bitcoin place.
Emerge
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December 14, 2017, 11:32:13 PM
 #1360

God knows where Bitcoin can be in 20 years, just look where is it in 9 years. Cheers  Wink
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