Future of the BTC

[rainingbitcoins]

I believe bitcoin has a good future. In my vision bitcoin will be one of our country's money currency that one day bitcoin will be accepted as a money in change of the commercialized products that we have herein the Philippines. Because nowadays there are some stores that are accepting bitcoin as money.

in fact the step has already been taken by the japan and the other have to follow them. i am sure that very soon the number of then countries who have accepted bitcoin will increase from time to time. as japan has made the route clear for other countries and very soon the other countries will also take the step and will consider bitcoin as legal currency. i am hopeful that my country will also be one of these countries who will accept bitcoin.

I also believe in a bright future for bitcoin. If we all believe I believe it will be true, many countries are beginning to legalize bitcoin, maybe still japan and russia, a few more years may be much to legalize bitcoin

There is no doubt that the future of bitcoins is bright and promising as many countries have started to take notice of it and in future we can expect almost all countries will start using and accepting bitcoins as a mode of payment.

[CataloniaFM]

I believe bitcoin has a good future. In my vision bitcoin will be one of our country's money currency that one day bitcoin will be accepted as a money in change of the commercialized products that we have herein the Philippines. Because nowadays there are some stores that are accepting bitcoin as money.

in fact the step has already been taken by the japan and the other have to follow them. i am sure that very soon the number of then countries who have accepted bitcoin will increase from time to time. as japan has made the route clear for other countries and very soon the other countries will also take the step and will consider bitcoin as legal currency. i am hopeful that my country will also be one of these countries who will accept bitcoin.

I also believe in a bright future for bitcoin. If we all believe I believe it will be true, many countries are beginning to legalize bitcoin, maybe still japan and russia, a few more years may be much to legalize bitcoin

There is no doubt that the future of bitcoins is bright and promising as many countries have started to take notice of it and in future we can expect almost all countries will start using and accepting bitcoins as a mode of payment.

While countries will take bitcoin, then it will have prospects, and then when its course stabilizes, then it will probably go a significant decline.

[hello_good_sir]

There are so many possibilities that it makes me really wonder about what is going to happen in next 10-20 years in cryptocurrency world, for example we may see some extremely strange events when quantuum computers will be sold comercially, because for now they are only in possesion of governments.

In my opinion, we are actually not going to use bitcoin in 2040. Take a look what happened since 2000 to nowadays- 2017. There were so many new inventions, technology, projects and great new companies that it is almost unbelievable how fast do we develop ourselves. Imagine what might happen through next 20 years!

Bitcoin core will be simply too old, the technology is already old-fashioned if we compare it to some other, new altcoins. We have problems with fee size and confirmation time, but  changing to other crypto would make it fixed instantly, thanks to the system! that what makes me think that bitcoin is going to die in about 20 years from now.

[GlassMaster]

Bitcoin has a good future, because many countries are considering its adoption. Other crypto-currencies are not so strong and have no great prospects.

[Flodemaga]

Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.

[Rahar02]

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.

Every cryptocurrency is volatile of course, what make it different if bitcoin have been using for trade and store of value and other coins still not achieve that, just a new one or have less adopters. Bitcoin could be used in daily transaction if devs team solve scale problem (if they think it could be). For now, bitcoin still volatile untill it reach bigger market cap which not many people could easily pump and dump bitcoin.

[mrcash02]

Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.

It's true, Bitcoin volatility only helps the currency to continue rising more and more and to be adopted by more people and countries. I believe there are two kind of investors: Those who care about Crypto-Currency at all and love all the aspects of the this invention, and those who wants to have only profit from the best and well known Crypto-Currency, Bitcoin. This second group doesn't spend much time searching on the internet about Crypto-Currency, they just want to buy Bitcoins and hold it, so they don't care about Altcoins at all, as you said.

[jameshowlett]

I know there is nothing lasting in this world, bitcoin too, people used to use gold as a medium of exchange, then replaced with paper money, then credit cards appear, all will be replaced in time. But I think bitcoin will last for another decades, just like gold is still valuable, I think bitcoin will still be valuable

we are living in the cyber and technological world and it is a good reason to believe that bitcoin among with other cryptocurrencies will continue to survive for at least a century. However, gold is not yet be replaced. Do not make a mistake like that. People are still using gold to buy house and other things

[malikusama]

I don't think so any other cryptocurrency can replace bitcoins. I am not denying the fact that BTC technology is outdated/old and it is high volatile, but the popularity and users of bitcoins are increasing day by day and so its price. Price and easy payment methods are attracting people around the globe,  any other cryptocurrency is not able to compete bitcoins.

[asriloni]

Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.

Japan has called the bitcoin as legal currency and payment method. And japan not consider bitcoin as commodity similar with the gold itself. bitcoin has different purpose with the gold. Some countries aimed to accepted bitcoin to be the legal currency or make a regulation for crypto.

[Dhimas Kanjeng]

I think it will continue to be attractive and will be used by more people, maybe one time a certain teritory will accept bitcoin only and a country's foreign exchange reserves at a store in the form of the bitcoin.

[ethereumhunter]

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.

i think its not because the problem with btc itself which is high volatility. i think if the dev and the team behind btc still maintain then i am sure the problem of btc will be solve. maybe in the future, until the bitcoin price can not reach for people to buy, bitcoin will be like a primary of the crypto currency and the other coins will be used and trade with bitcoin only and then we can trade bitcoin with fiat.

[dillpicklechips]

outdated technology of BTC
>> Depends on the developers if they will continue to improve it or decide to call it off since they have the power to make it better and go with the trend of the latest technology.

better security of new cryptocurrencies
>> Bitcoin wallets really are the one responsible for securing your Bitcoin which ranges from different types with different things to offer from security to conveniency and from short-term to long-term. Also there are mixers which will make your transactions untraceable.

anonimity of new cryptocurrencies
>> Though there are some wallets who asks for your personal information especially local exchanges that is because of the regulation released by their respective governments, there are still wallets that provides full anonymity and doesn't ask personal information like Mycelium and many more to name.

high volatility of BTC
>> It depends on how you handle the volatility and you can earn a lot of profit from it. And Bitcoin's price floor is increasing each pump together with the rising demand which generally means the value of your Bitcoins are increasing. Don't you like that?

[boyptc]

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.

More of the alt coins are telling the same characteristics that they will be more stable and better than bitcoin. But all of them seems to be fine and I don't know if what I read is true that bitcoin is now adopting other good characteristics of other alt coins. Bitcoin isn't perfect and there is no perfect system so it will be a continuous progress.

[Capradina]

Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.

Basically it is indeed that bitcoin is a digital currency is remarkable, because it is now increasingly price bitcoin shows some remarkable Ascension baisa. But it does need to be in the know, that the main problem is bitcoin fee or transaction fee which is always high in order to get a confirmation. So right now I think the bitcoin will much more beneficial if used as a currency investment. for views from various investment thing is the best thing. Just waiting alone all countries provide the solution to this problem
 

[Salazarian]

I think it will continue to be attractive and will be used by more people, maybe one time a certain teritory will accept bitcoin only and a country's foreign exchange reserves at a store in the form of the bitcoin.

yes there is no doubt that bitcoin will continue its progress and will attract more and more users toward itself. the popularity of bitcoin is increasing from time to time. new people are entering in the world of bitcoin and making it more stronger and reliable. Even the day traders are now taking interest in bitcoin. I am hopeful that very soon we will see that the local shopkeepers will also start taking interest in bitcoin and will start accepting bitcoin for shopping in their shops.

[AltcoinAuthority]

Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.

There is many people using Bitcoin to purchase things now so I think that Bitcoin has a large chance for it to get used as a payment option in most stores around the world. Since people are using to purchase things like Government paper work then the Government is likely to get involved in it as well.

[btcney]

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.

I don't see what other cryptocurrency that can offer the stability bitcoin is offering. Unless you are talking about some sort of pegged currency which defies the entire point of crypto in the first place - to be unassociated with a central entity and fiat currency in general. Ethereum is more volatile than bitcoin. Even though there are a lot of blockchains out there that are far more advanced than bitcoin, there is no real use for them.

 All we need is something we can transact on, and as the first crypto bitcoin will always be the go to choice. In the future this will remain true.

[Kersh768]

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.

That's not true. Altcoins/ICO have their own platoform. In this case altcoins are less stable than bitcoin. I don't think that we are struggling in bitcoin's stability since this previous weeks, we have seen how stable it is which cause altcoins to be stable a littble bit too.

[iyan33]

Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.

There is many people using Bitcoin to purchase things now so I think that Bitcoin has a large chance for it to get used as a payment option in most stores around the world. Since people are using to purchase things like Government paper work then the Government is likely to get involved in it as well.

Probably in some other countries, bitcoin has been used as a means of official payment transactions,availability of stores and bitcoin services that accept transactions both offline and online, unlike where I can only do some purchases via online and that too Not many online stores that accept transactions Bitcoin current. However, if viewed from its potential bitcoin may be a virtual currency that is legal and can be used as an official transaction tool.