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Author Topic: How the future of bitcoin will look like  (Read 10960 times)
Xenophoto
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July 04, 2017, 02:35:08 PM
 #121

I actually do not share in your sentiment that Bitcoin will continue to have a bright future. Look at its dominance in the coinmarket some months ago and what it is at the present you will discover that it has dropped. Yes the price may be soaring but surely this won't continue up trend. The altcoins are here to take over. In Jan this year Ethereum was merely $8 but today it's over $320. More altcoins too have seen this rise in value. It's just a matter of time before Bitcoin goes a crashing.
If you cannot see the potentials of Bitcoin then what more about Altcoins?

These altcoins will never take over Bitcoin, yes maybe in coinmarket alcoins dominates but in reality, they're just a spec to Bitcoin. How can I say this? Well, as of now more and more countries are accepting bitcoin as their currency, not only that, they're also accepting Bitcoin as a mere payment for a services or even merchandises. Thus, Altcoins cannot race with Bitcoin.

If we compare the price of Bitcoin to the top Altcoin (ETH) as of now, its only mere 13% discrepancy.

Price isn't everything. Price of something always depends on how much people are willing to pay for it. Since altcoins aren't the foundation of cryptocurrencies, it will remain to have that price until bitcoin finally kills itself because of all these scaling dramas. The price might be low for now for altcoins but bitcoin also started from a really low price and now it has increased a lot maybe even more than what we thought it would be.

Bottom line, we can't dismiss the fact that an altcoin might somehow replace bitcoins.

To the first guy, the reason why bitcoin has lesser percentage in the total money invested in cryptocurrencies is that a lot of people are doing trading. People won't just buy and buy and buy bitcoins. They would want to increase their bitcoins. Hence, they trade other coins.

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July 04, 2017, 03:15:47 PM
 #122

Now Bitcoin is booming but this is just an introduction. Next the boom will happen like nuclear boom Roll Eyes Cheesy
I hope the nuclear reaction wont burn everything.  Tongue The scaling is an important factor and i am looking for the new developments and security features to be implemented in bitcoin and i am sure the developers hold the key to the future so that we have the trust and people will keep on investing in it.
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July 04, 2017, 03:42:06 PM
 #123

A future breakthrough that we can not avoid, I'm sure what bitcoin has achieved to date will be much more developed in the future.

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Arumi.Bilqis
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July 04, 2017, 04:00:44 PM
 #124

I hope the future of bitcoin is easier to come by and price is always high Wink Wink Wink
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July 04, 2017, 04:30:33 PM
 #125

It looks convincing to me , whenever i had bought additional bitcoin i have also been in profit and trading with bitcoin on different markets has really been profitable. I had invested in stocks all these years and normally a maximum profit of 20-30% per year while here in case of bitcoin i have been able to almosy earn maybe 4-6 times of initial investment in a really short time. Though doubling your cash with bitcoin now would take lot of time but with altcoins it is still possible.
Kamarah
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July 04, 2017, 04:42:52 PM
 #126

Basically, the future of Bitcoin is gonna be great.
With some online transactions now adopting Bitcoin as a means of payment. Bitcoin will soon be more popular and generally accepted worldwide as a means of payment.
In addition, the value of Bitcoin over the years have been appreciative.
True man. Now more and more people approach to Bitcoin so the future it will become very popular. The price of Bitcoin just keep going up non-stop, it becomes useful that we can change it into real money whenever we need, unlike gold.

neck_urself_m8
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July 04, 2017, 06:43:50 PM
 #127

Basically, the future of Bitcoin is gonna be great.
With some online transactions now adopting Bitcoin as a means of payment. Bitcoin will soon be more popular and generally accepted worldwide as a means of payment.
In addition, the value of Bitcoin over the years have been appreciative.

Unless the coin crashes for some reason...
sasaku bitbit
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July 04, 2017, 07:23:32 PM
 #128

According to my point of view of biitcoin in the future. Bitcoin will soon become more popular and generally accepted throughout the world as a means of payment.
In addition, the value of Bitcoin over the years has been appreciated. and be very highest coin another. so many who need the bitcoin every day karana value priced too high a lot of some countries inaugurated as the second currency with real
mastadonballs
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July 05, 2017, 01:07:59 PM
 #129

Basically, the future of Bitcoin is gonna be great.
With some online transactions now adopting Bitcoin as a means of payment. Bitcoin will soon be more popular and generally accepted worldwide as a means of payment.
In addition, the value of Bitcoin over the years have been appreciative.
I think that future will happen only when Bitcoin's disadvantages is fixed somehow, or something happens that make Bitcoin fees become smaller so that there will be so many people to use Bitcoin.
EvilLizardApparel
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July 05, 2017, 01:12:11 PM
 #130

Hope that the bitcoin will have awesome response in future in the international market. Not only the bitcoin, we can't judge the moment of any technology in the coming generations.
rregeA
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July 05, 2017, 01:36:55 PM
 #131

For as long as people keep on using it and as soon it becomes more popular on social media, i think it will have a great future Smiley
zwiggel
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July 07, 2017, 03:04:15 PM
 #132

In future bitcoin works like a bank.Its works like atm also.Bitcoin is own business in future investing for the purposes of kids,retirement,and marriages,health issues.

jovs
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July 07, 2017, 04:03:12 PM
 #133

The future is well ahead of him and can soon reach the mainstream with the media that is now paying attention to it and many countries have recognized Bitcoin as a form of money or assets.
Maybe later the government will accept bitcoin with the reason of having a good future.
Bitcoins development is not questionable thing to talk about because it does prove its system in the past years. It is just a developing country who sets changes and development for the people to experience. It become more suitable and sufficient in transaction. No doubt that it will be a number one source or mode of transaction in the future. Just continue our support for more development to happen.
kpcian
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July 07, 2017, 04:51:47 PM
 #134

from my perspective, Bitcoin will grow up with huge value, day by day it is becoming an important issue in the world, especially in the monetary world. hopefully, bitcoin will create a major position in the transaction purpose, but the question is the legalization process, when it will become a legal currency at everywhere then Bitcoin will be accepted as same...
FasTroy
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July 07, 2017, 05:05:33 PM
 #135

The future is well ahead of him and can soon reach the mainstream with the media that is now paying attention to it and many countries have recognized Bitcoin as a form of money or assets.
Maybe later the government will accept bitcoin with the reason of having a good future.
Bitcoins development is not questionable thing to talk about because it does prove its system in the past years. It is just a developing country who sets changes and development for the people to experience. It become more suitable and sufficient in transaction. No doubt that it will be a number one source or mode of transaction in the future. Just continue our support for more development to happen.
You are right mate, bitcoin development is still in progress. No doubt that bitcoin will be more powerful in the future, I talk about about price in general.
Each day's, Many people enroll bitcoin community, it become larger day by day, which it's amazing for bitcoin and for us. This increase of users be reflect to the price and the bitcoin stability in the market.
Anyways, I think the future will be bright for bitcoin and for other altcoins. because the world interessed al lot with new technology.

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July 07, 2017, 05:11:20 PM
 #136

I think bitcoin will be like "the online coin", it can be the unitary coin of the internet and everyone will buy and sell services or products with this coin.
USD and EUR will be the major coins on the "real" or "physical" world, but bitcoin will have the monopoly of the internet world.
NathanJB
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July 07, 2017, 05:12:33 PM
 #137

It has a bright future knowing that it is developed less than 10 years ago. But as young as it is now, there are problems hounding it already. It has to overcome all those for bitcoin to have a longer life. Otherwise, it will die young. But I guess all the investors of bitcoin will not let that happen without exerting all available efforts first.
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July 07, 2017, 05:15:15 PM
 #138

I think bitcoin will be like "the online coin", it can be the unitary coin of the internet and everyone will buy and sell services or products with this coin.
USD and EUR will be the major coins on the "real" or "physical" world, but bitcoin will have the monopoly of the internet world.

It depends, there have been online currencies before bitcoin that failed. They were not based on a blockchain of PoW though. But the point is if bitcoin doesn't keep innovating it will die just as they did and become a distant memory in the online world.
nelmari
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July 07, 2017, 05:20:28 PM
 #139

I think bitcoin will be like "the online coin", it can be the unitary coin of the internet and everyone will buy and sell services or products with this coin.
USD and EUR will be the major coins on the "real" or "physical" world, but bitcoin will have the monopoly of the internet world.

It depends, there have been online currencies before bitcoin that failed. They were not based on a blockchain of PoW though. But the point is if bitcoin doesn't keep innovating it will die just as they did and become a distant memory in the online world.

And we do hope that won't happen to bitcoin, we are here for a reason right? And this forum was created most likely because of bitcoin. Hopefully though in the near future it will be as what psmachado said "the online coin" or like an online currency wherein you can buy anything online. Bitcoin still has a bright future and I'm sure the developers are finding a way for it to be more of use for everyone.
Blackwhite69
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July 07, 2017, 05:27:27 PM
 #140

Bitcoin has a good future ahead of itself and can soon reach mainstream with the media now paying attention into it and many countries already recognizing Bitcoin as a form of money or as an asset. It will soon have an astronomical value because the supply is limited unlike fiat money which can easily be printed by the government.


I agree with you bitcoin will run well and get great success Wink
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