Future of the BTC

[enigvad]

I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

[xuan87]

It depends on how you handle the volatility, for the one that invest in bitcoin the volatility seems so annoying, but for the trader volatility is good because it can make the traders earn money, and I know that there are a lot of new coin that got better feature than bitcoin but the investor is more believe in bitcoin and bitcoin has been adopted in many country, so in order to replace bitcoin you need a lot of users and that coin need to be implemented in different sectors in all countries

[angaper]

It depends on how you handle the volatility, for the one that invest in bitcoin the volatility seems so annoying, but for the trader volatility is good because it can make the traders earn money, and I know that there are a lot of new coin that got better feature than bitcoin but the investor is more believe in bitcoin and bitcoin has been adopted in many country, so in order to replace bitcoin you need a lot of users and that coin need to be implemented in different sectors in all countries

But it is important that those who do not want to use bitcoin to speculate, but to carry out their ordinary transactions as exchange of goods or simply as a store of value, also rely on bitcoin and for this, less volatility is necessary.

If we are only thinking about bitcoin as an interesting option for traders to make money, perhaps this high volatility will remain for long, making the use of bitcoin difficult to incorporate into real economy, and this would prevent it from being massively accepted, becoming a simple pump and dump business in the long run.

[CyberKuro]

Minexcoin still on ico and have to going through a long way to compare with bitcoin, for now its nothing and still behind the start line.
Bitcoin volatility is a double edge sword because it could increase quickly and drop back again, as long as the market cap isn't big enough to prevent any further changes in the market. And it still early for bitcoin and won't be outdated due to it always upgraded even though the process seems complicated for now.

[CARrency]

I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

You can invest in Minexcoin, you can dump your Bitcoin and buy a lot of Minexcoin. The thing about these altcoins is that, even if they are stable and less volatile, then there will be no profit for a short time unlike bitcoin. People like fast and quick profit because they don't want to wait. If you have a problem with Bitcoin, you can just sell your bitcoin man, don't need to tell another altcoin.

[PrinceCaspian]

Yeah the old technology of bitcoins is a problem but im pretty sure that even though they use and old generation of technology in creatingbitcoins it doesnt mean that they can adopt into technical changes and upgrades from this generations

[Sadlife]

Some of the altcoin has stable price but look at it's value some altcoin has only has the maximum amount of 100$ despite being a centralized crypto currency they're still in the $100 barrier, bitcoin rather far surpasses them all compared to price value of $2477.
Also i think bitcoin has graduated from volatility because it can pump and maintain it's price compared in the years that the price will get easily dump in a few weeks after it's bullrun this shows that bitcoin has matured from volatility with the number of supports it's getting especially when institutional investors as decided to invest in it and millions of local businesses are using it as a payment method.

[Gotottack]

I don't think people will move away from bitcoins, ever. Bitcoins are very solid, even if it is old tech. Other coins might be innovative and all, but no one will move everything into them. Bitcoin is like gold and all else are other precious stones. That's my take on it. Even if I know that bitcoins are the least innovative, but I think it is still the best one.

[eaLiTy]

I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

If you are into trading you should enjoy the high volatility of bitcoin because you could make a quick buck without much sweat and if your entry point is perfect then you do not need to worry about it and what makes you think that bitcoin is not secure and the coin you mentioned is still in its initial phase and it could be less volatile only because no one is interested in the coin,how can you guarantee that the coin will be less volatile,do you think it can be controlled.

[Pearls Before Swine]

carry out their ordinary transactions as exchange of goods or simply as a store of value, also rely on bitcoin and for this, less volatility is necessary.

YES.  This is why crypto currently blows tank as straight up money.  You're incentivized not to spend it while the price is shooting to the moon.

I disagree that "the technology is outdated".  It is not.  It works just fine for people who want to hold it or spend it semi-anonymously.  Yes it's true that other coins offer more anonymity and such, but for the average d00d it's great.  And the market *ahem* seems to agree with that statement.

[Tyrantt]

I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

Well thankfully and for that purpose  bitcoin is open source and everyone can contribute to it but bitcoin is far more known in society then any other coin, therefore people will be always sticking to it. Well yes, you've found it and how long are you in the bitcoin and cryptocurrency story all together? Do you think someone who heard about cryptocurrency yesterday will know about some or even any of alt-coins? The first thing he'll see will be bitcoin and he's familliar with that. So yeah, that's one of the strongest aspects bitcoin has today.

[n0ne]

I don't think OP is concerned about the future of bitcoin. His statement seems to be that he is interested in promoting a particular altcoin. In my personal view bitcoin has got decreased volatility than many other altcoins that are in use and growing good. It's been​ said that coins based on unique requirements have come into existence which could destroy bitcoin. This is not fair bitcoin is used all around, so what people will choose. One that has got multiple access or the one which has got limited accessibility.

[dihari]

I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

How can you compare something old with something different that not yet happen. Minexcoin is not release yet, how do you know it's gonna be better than bitcoin?
I know minexcoin, I was read the Ann thread and the whitepaper, and I think the idea to make a stable coin is good enough to solve the volatility problem.
For now, we have to be wise to face the volatility price. Being a long time holder won't make you scare with the volatility.

[asriloni]

I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

Another crypto will never replace the bitcoin, but you will see another upgrade for the technical problem of bitcoin in the future. I mean  you will see segwit and 2mb forks in the future through the scaling agreement.

[flower1024]

I don't think people will move away from bitcoins, ever. Bitcoins are very solid, even if it is old tech. Other coins might be innovative and all, but no one will move everything into them. Bitcoin is like gold and all else are other precious stones. That's my take on it. Even if I know that bitcoins are the least innovative, but I think it is still the best one.

We don't know how future will react to new technology. But bitcoins are the one started this creative technology, and they also can improve in the future and solve some of the existing issues. But if any other coin solves all the current problems with the bitcoins then they may overtake bitcoins but bitcoins will be there for long, and I think it will not disappear from the cryptocurrencies.

[mrfreezeh]

I don't think people will move away from bitcoins, ever. Bitcoins are very solid, even if it is old tech. Other coins might be innovative and all, but no one will move everything into them. Bitcoin is like gold and all else are other precious stones. That's my take on it. Even if I know that bitcoins are the least innovative, but I think it is still the best one.

We don't know how future will react to new technology. But bitcoins are the one started this creative technology, and they also can improve in the future and solve some of the existing issues. But if any other coin solves all the current problems with the bitcoins then they may overtake bitcoins but bitcoins will be there for long, and I think it will not disappear from the cryptocurrencies.

Simplify the problem, imagine in the Cryptocurrencies, Bitcoin in the US dollars, Altcoin in the other currencies, all Altcoins transactions are converted to Bitcoin values like in Forex the majority of currencies are converted into value USD. So how can Bitcoin lose its importance, only if all Bitcoin users lose faith in it, that just happens! Currently Bitcoin just needs to overcome a minor problem in Blockchain, optimizing the time transaction confirm and transaction fee, then Bitcoin will be completely the king of Cryptocurrencies, without having to rely on an Altcoins instead!

[MingLee]

I don't think people will move away from bitcoins, ever. Bitcoins are very solid, even if it is old tech. Other coins might be innovative and all, but no one will move everything into them. Bitcoin is like gold and all else are other precious stones. That's my take on it. Even if I know that bitcoins are the least innovative, but I think it is still the best one.

We don't know how future will react to new technology. But bitcoins are the one started this creative technology, and they also can improve in the future and solve some of the existing issues. But if any other coin solves all the current problems with the bitcoins then they may overtake bitcoins but bitcoins will be there for long, and I think it will not disappear from the cryptocurrencies.

Simplify the problem, imagine in the Cryptocurrencies, Bitcoin in the US dollars, Altcoin in the other currencies, all Altcoins transactions are converted to Bitcoin values like in Forex the majority of currencies are converted into value USD. So how can Bitcoin lose its importance, only if all Bitcoin users lose faith in it, that just happens! Currently Bitcoin just needs to overcome a minor problem in Blockchain, optimizing the time transaction confirm and transaction fee, then Bitcoin will be completely the king of Cryptocurrencies, without having to rely on an Altcoins instead!

While it is always a good thing to have Bitcoin positioned permanently as the top crypto, there is never harm in having a few other around that can be used. Ethereum's smart contract system is good, as a contract system, but it is less effective as a bigger crypto like Bitcoin, especially when you start to compare the complexities of both.
Transaction time can't really be optimized anymore due to the block target time, but I get the idea.

[legarde23]

Future of bitcoins anonimity of new cryptocurrencies yes that's why there are so many altcoins that coming out as of today, bitcoins will just increase it's value.  future of bitcoins can hit its very high value. it can hit the 5000$ value of it. high security can't just breach cause it is decentralized.
But we don't know sure about the future of it because no one know who is the biggest holder of it around the world.

[Wa(t)ch_night()]

Future of bitcoins anonimity of new cryptocurrencies yes that's why there are so many altcoins that coming out as of today, bitcoins will just increase it's value.  future of bitcoins can hit its very high value. it can hit the 5000$ value of it. high security can't just breach cause it is decentralized.
But we don't know sure about the future of it because no one know who is the biggest holder of it around the world.

If we talk about the anonymity of the bitcoins of users, it seems to me that with such an active rise in the bitcoin prices, they will be interested in the authorities more and more. And it's all about taxes.

[Dudeperfect]

I am not sure if I am the only one who thinks that the answer is none of the above. Yes, bitcoin is volatile but I am sure that it will keep growing at a sustainable rate for next few years until new people are coming and joining bitcoin. I don't see any altcoin yet in the market with the potential to replace bitcoin due to more than one reason so as far as the future of Bitcoin is concerned, I think we are going in the right direction.