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Author Topic: Does Bitcoin have a future?  (Read 68569 times)
wahb
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September 04, 2017, 03:26:46 PM
 #701

Bitcoin will change the entire modern industry in the next 5 years and when this comes. Everyone is forced to live up to the Cryptocurrency era and every payment is made using Bitcoin or altcoin.
This is for sure that we are going to see an era of Crypto currency particularly an era of Bitcoin. But this is not a matter of a day or two. It will definitely take time. And if we say that the future is not bright in case of Bitcoin, this will be something unjust. There is not even a single doubt in it that Bitcoin holds a very bright future.
i think that we are already in era of crypto currencies. because the trend of crypto currencies to be use for online as well as for offline shopping is now increasing. people and specially the young generation are now giving more preference to online shopping for which they are using cryupto currencies and this trend is increasing from time to time.
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September 04, 2017, 03:37:04 PM
 #702

The potential for bitcoin is enormous. especially for e-commerce. Consider bitcoin having 100 million sat, go figure
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September 04, 2017, 03:59:41 PM
 #703

Good news on bitcoin always happens. The popularity of bitcoin increasingly attracting crowds to invest in bitcoin, and all this isn't about contribute to technology and facilities that bitcoin implements but also leads to potential financial benefits
Denov Setu
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September 04, 2017, 04:31:50 PM
 #704

Good news on bitcoin always happens. The popularity of bitcoin increasingly attracting crowds to invest in bitcoin, and all this isn't about contribute to technology and facilities that bitcoin implements but also leads to potential financial benefits
I am totally agree with you but with the China's banned ICO issue now it seem the projects with cryptocurrency based have serious obstacles
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September 04, 2017, 04:45:42 PM
 #705

Good news on bitcoin always happens. The popularity of bitcoin increasingly attracting crowds to invest in bitcoin, and all this isn't about contribute to technology and facilities that bitcoin implements but also leads to potential financial benefits
Agree with you but for me i see it that it depends if bitcoin really has a future the reason why is because even though it has always a good news and there is no problem but at the end it always has a bad side that may be happen in the near future so dont stay it that it would be good.

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September 04, 2017, 05:21:41 PM
 #706

i would love it to have future, but there are some problems with this.. BTC has a great role of a pioneer of digital currencies. Will it survive a competition though?
1. it is very difficult to evolve. It has to go through hardforks which is a pain
2. it is based on an early version of blockchain which lacks features of new ones
3. BTC volatility is a problem for business use. Ever tried to indicate price in BTC? you'll wake up tomorrow and see that you are now collecting 1/2 of revenue per unit (in your stable fiat currency) while your costs are still where they used to be.
4. permanent growth that is built into a model cold actually be a problem. For now it looks like potential profit from growth is not compensated by higher risk. That presents an arbitrage opportunity, that has to be wiped out in an open market. We'll see how this will work out.
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September 04, 2017, 07:35:13 PM
 #707

i would love it to have future, but there are some problems with this.. BTC has a great role of a pioneer of digital currencies. Will it survive a competition though?
1. it is very difficult to evolve. It has to go through hardforks which is a pain
2. it is based on an early version of blockchain which lacks features of new ones
3. BTC volatility is a problem for business use. Ever tried to indicate price in BTC? you'll wake up tomorrow and see that you are now collecting 1/2 of revenue per unit (in your stable fiat currency) while your costs are still where they used to be.
4. permanent growth that is built into a model cold actually be a problem. For now it looks like potential profit from growth is not compensated by higher risk. That presents an arbitrage opportunity, that has to be wiped out in an open market. We'll see how this will work out.

everything and everyone has a future but its either dark or not

1. look back in our history, most successful evolutions/changes didn't occur easily and the result on august first isn't bad though

2. new ones? what do you mean?

3. thats the negative side which rarely happens now since bitcoins price constantly increases unless you panic sell. volatility has its positive side like it allows us to have bitcoin as an investment. and to be honest you're actually happy when the price increases right?

4. why should it be wiped out when it gives an opportunity? stop looking for opportunities with no risks because risks are always there

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Periodik
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September 04, 2017, 07:40:46 PM
 #708

i would love it to have future, but there are some problems with this.. BTC has a great role of a pioneer of digital currencies. Will it survive a competition though?
1. it is very difficult to evolve. It has to go through hardforks which is a pain
2. it is based on an early version of blockchain which lacks features of new ones
3. BTC volatility is a problem for business use. Ever tried to indicate price in BTC? you'll wake up tomorrow and see that you are now collecting 1/2 of revenue per unit (in your stable fiat currency) while your costs are still where they used to be.
4. permanent growth that is built into a model cold actually be a problem. For now it looks like potential profit from growth is not compensated by higher risk. That presents an arbitrage opportunity, that has to be wiped out in an open market. We'll see how this will work out.

everything and everyone has a future but its either dark or not

1. look back in our history, most successful evolutions/changes didn't occur easily and the result on august first isn't bad though

2. new ones? what do you mean?

3. thats the negative side which rarely happens now since bitcoins price constantly increases unless you panic sell. volatility has its positive side like it allows us to have bitcoin as an investment. and to be honest you're actually happy when the price increases right?

4. why should it be wiped out when it gives an opportunity? stop looking for opportunities with no risks because risks are always there

Good answers right there mate. Change is constant but the question is when? Up to now bitcoin is one of the best investments right now.  Dramatic hardfork issues may have set backs yet bitcoin price always recovers at high paces on which financial analysts can ever imagine.
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September 04, 2017, 11:10:00 PM
 #709

The future is already started. So yes of course!
Anyone who started using and invested now has a good future, the price may be good but it's not what we are looking for because we want to see more price increase in the future, as there will be price increase we make profit from it so we are hoping that this would last and bring us fortune holding our bitcoins longer. We cannot force those people who does not believe because it's not a guaranteed profit, this is only for risk takers and believers.

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nasibakar
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September 05, 2017, 01:30:33 AM
 #710

If Bitcoin EFT is apporved then the bigger the condition will be,
I think mass-adoption will be started then
so Bitcoin is started with its future
Bitcotalk
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September 05, 2017, 07:28:38 AM
 #711

Bitcoin will change the entire modern industry in the next 5 years and when this comes. Everyone is forced to live up to the Cryptocurrency era and every payment is made using Bitcoin or altcoin.
This is for sure that we are going to see an era of Crypto currency particularly an era of Bitcoin. But this is not a matter of a day or two. It will definitely take time. And if we say that the future is not bright in case of Bitcoin, this will be something unjust. There is not even a single doubt in it that Bitcoin holds a very bright future.
Surely it will be unjust if someone said of the dark future of cryptocurrencies. Yes it may be for some of the crypto, but not for all coins especially bitcoins. People are coming into it, it is changing the lives, people are getting concern with it, and it will be making an era of crypto after few decades I suppose.
krayzie32
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September 05, 2017, 10:08:34 AM
 #712

The future is already started. So yes of course!
Anyone who started using and invested now has a good future, the price may be good but it's not what we are looking for because we want to see more price increase in the future, as there will be price increase we make profit from it so we are hoping that this would last and bring us fortune holding our bitcoins longer. We cannot force those people who does not believe because it's not a guaranteed profit, this is only for risk takers and believers.
maybe people buy bitcoin now dont just because profit in future. They need a thing can tranfer world wide to bring their money to another country

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September 05, 2017, 10:34:01 AM
 #713

I think bitcoin is the digital currency that boosts in the future, so do not be affected from BTCJAM, and of course bitcoin will be more expensive.
More details for you, bitcoin got a really bright future cause it can use in payment from super small amount to huge amount. You don't need to bring out a lot of cash when you buying some or stuck with credit card of banks. Just a code of BTC, they solve everything.
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September 05, 2017, 10:50:45 AM
 #714

I think bitcoin is the digital currency that boosts in the future, so do not be affected from BTCJAM, and of course bitcoin will be more expensive.
More details for you, bitcoin got a really bright future cause it can use in payment from super small amount to huge amount. You don't need to bring out a lot of cash when you buying some or stuck with credit card of banks. Just a code of BTC, they solve everything.
but u see bitcoin fee. it the bitcoin price keep rise. we will have something like 10$ fee per transaction

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September 05, 2017, 02:18:53 PM
 #715

I think bitcoin is the digital currency that boosts in the future, so do not be affected from BTCJAM, and of course bitcoin will be more expensive.
More details for you, bitcoin got a really bright future cause it can use in payment from super small amount to huge amount. You don't need to bring out a lot of cash when you buying some or stuck with credit card of banks. Just a code of BTC, they solve everything.
but u see bitcoin fee. it the bitcoin price keep rise. we will have something like 10$ fee per transaction
That's the issue we will really face if it continues to increase, though due to its demand we migjt think that it's quite fair since value increasing but corrections might fixed the issue soon.

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September 05, 2017, 03:01:18 PM
 #716

I think bitcoin is the digital currency that boosts in the future, so do not be affected from BTCJAM, and of course bitcoin will be more expensive.
Rightly said. It will not only be expensive but will also have a wonderful future. I think Bitcoin surely holds a great future, such a future which no one can even expect at now. The way it is behaving and gaining the interest of people is surely the guarantee of this thing that Bitcoin holds a very bright future.

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September 05, 2017, 03:16:26 PM
 #717

I think all crypto in its current form is very similar to  early mobile phones. They changed the world but relatively quickly became outdated and obsolete and eventually died giving way to newer technologies, smartphones. I guess crypto will follow same path. It's neithher good nor bad, it's called evolution and people will remember bitcoin as they remember inventors of a telephone.
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September 05, 2017, 03:59:28 PM
 #718

I think bitcoin is the digital currency that boosts in the future, so do not be affected from BTCJAM, and of course bitcoin will be more expensive.
Rightly said. It will not only be expensive but will also have a wonderful future. I think Bitcoin surely holds a great future, such a future which no one can even expect at now. The way it is behaving and gaining the interest of people is surely the guarantee of this thing that Bitcoin holds a very bright future.
bitcoin does have tremendous value for the future later, surely many people will be hunting bitcoin by doing any thing because the price is very unusually high. so if you already have bitcoins it's a good idea to use them well or be used for investments to get bigger results.

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September 06, 2017, 08:47:42 AM
 #719

Good news on bitcoin always happens. The popularity of bitcoin increasingly attracting crowds to invest in bitcoin, and all this isn't about contribute to technology and facilities that bitcoin implements but also leads to potential financial benefits
I am totally agree with you but with the China's banned ICO issue now it seem the projects with cryptocurrency based have serious obstacles
No need to get worried. Nothing is going to harm the popularity of bitcoins. There are many other countries that are supporting bitcoins and they have indeed made bitcoins legal in their states. Bitcoins are growing very fast and with each passing day, new investors are seen in the market.
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September 06, 2017, 12:24:30 PM
 #720

Good news on bitcoin always happens. The popularity of bitcoin increasingly attracting crowds to invest in bitcoin, and all this isn't about contribute to technology and facilities that bitcoin implements but also leads to potential financial benefits
I am totally agree with you but with the China's banned ICO issue now it seem the projects with cryptocurrency based have serious obstacles
No need to get worried. Nothing is going to harm the popularity of bitcoins. There are many other countries that are supporting bitcoins and they have indeed made bitcoins legal in their states. Bitcoins are growing very fast and with each passing day, new investors are seen in the market.
With the present status bitcoin is progressive so the risk is very low that bitcoin will be a failure.
It has reach a good price and it is not possible without the people who are pushing the price, it would only explain that the demand is getting bigger and the price has nowhere to go but up since the supply is limited. It's a very simple math, and there is the good news that will justify our simple analysis of the reason why bitcoin will stay.

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