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Question: Why other new generation cryptocurrencies can replace bitcoin?
outdated technology of BTC - 14 (32.6%)
better security of new cryptocurrencies - 15 (34.9%)
anonimity of new cryptocurrencies - 5 (11.6%)
high volatility of BTC - 9 (20.9%)
Total Voters: 43

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Author Topic: Future of the BTC  (Read 7286 times)
Lucas*
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October 25, 2017, 11:36:14 PM
 #201

i think that Bitcoin have a brillant future especially for Banking , in this period many banks uses Blockchain in their transactions due to it's safety . also the high value of Bitcoin and the augmentation from 800$ in the last year to 5700$ in this moment (7k $ 3 days ago) . it's really a good thing to invest in Bitcoin ,it's really a gold mine .and there are expectations that the value of Bitcoin will rise into 20K $ in 2020 or before .
TheGreatPython
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October 27, 2017, 11:16:49 AM
 #202

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 And also the technology behind the BTC is outdated.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.
First of all, ALL cryptocurrency are VOLATILE. There's no exception on this one. And I think, volatility is the reason why traders trade assets. That's the reason why they earn from cryptocurrency. In fact, the traders are the one who are keeping the cryptocurrency market alive. Second, bitcoin network and blockchain is not outdated. In fact, the forking that happens in bitcoin network is actually one way to keep it up-to-date and to upgrade some of its features. Third, I don't think some of these new cryptocurrencies/tokens/altcoins are more secure than bitcoin. These new coins actually have limited use compared to bitcoin. Some coins are intended for a specific purpose only while bitcoin can be used as a universal e-money. That's why I still have my trust on bitcoin, and I don't think that an altcoin will later beat it in terms of its value and usability.
It is very interesting that  if the volatility is compared with other crypto currencies that it will be crystal clear that the volatility of bit coin will be less than the currencies as it is the stable one further more being a transaction tool bit coin future is looking very bright
Akash1243
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October 27, 2017, 12:02:10 PM
 #203

Well i think that being volatile is an advantage of bitcoins and by the way all crypto currencies are volatile in nature.But bitcoins future is bright as bitcoins has gain trust and support of the people and the investors, which is one of the main things to became successful in crypto currency market.And bitcoins are far more profitable than other crypto currencies amd chances of bitcoins being replaced by other is slim, bitcoin has survived many forks and dumps and it is still at the top with current price of around $6000.
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October 27, 2017, 12:46:18 PM
 #204

The future of the BTC price directly reflects the amount of people adopting the technology and how fast. Also how fast the supply gets smaller and smaller will depend on how fast the price rises.

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October 27, 2017, 12:59:00 PM
 #205

The future of bitcoin is completely gonna be successful based on the technology. As a part lot of users as well industries have been making their entry into bitcoin as well adopting blockchain technology upon their needs. Hope the same will take bitcoin to the next level of growth.
Harley29
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October 27, 2017, 02:00:30 PM
 #206

The future of bitcoin depends on yourself how to deal with rising price of bitcoin. But we must be sure that bitcoin prices will increase in future. We must believe that because, can be a future motivation to bitcoin permanent popular.
If you are talking about price increase. You said that it will increase come on brother. It is increasing on daily based which is known as powerful currency i would like to say that we should keep in mind that bitcoin will be above more than 10x than this price. Because the going market of bitcoin is pretty awesome states so we should say that it would be the most challenging life style in the future to gain some extra profit from bitcoin.
I think bitcoin future is very bright and shine there is no doubt that bitcoin is now a very strong currency around the world and a good example is recently bitcoin arrived to Thailand so its mean bitcoin is going to expand its trade to the world so demand of bitcoin is going to increased and when the demand go high so the price will go high automatically.
hugeblack
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October 27, 2017, 03:54:35 PM
 #207

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.

Bitcoin have Good volatility Because it always happen in high range (most up than normal price) but it is still volatility if you want to start your own work with bitcoin give extra 34% of total price so will be save from volatility

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Ctn
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October 27, 2017, 04:58:37 PM
 #208


I think you have lots of misconceptions about bitcoin. Who says that bitcoin is outdated technology. By the bitcoin is just algorithm and the actual tech is blockchain on which the whole thing runs. It’s not outdated but it’s profound and astonishing tech which surpasses the traditional swift technology which we can see in the banking sector. The way we use bitcoin will make it volatile in its price and I don’t think that it is bad thing. Because this is what make us invest into it at the different entry point and then we can earn from it. There are many advantages of bitcoin and still so many development are pending. Just hold on and see the future which is bright.

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October 27, 2017, 05:01:05 PM
 #209

The future of bitcoin depends on yourself how to deal with rising price of bitcoin. But we must be sure that bitcoin prices will increase in future. We must believe that because, can be a future motivation to bitcoin permanent popular.
If you are talking about price increase. You said that it will increase come on brother. It is increasing on daily based which is known as powerful currency i would like to say that we should keep in mind that bitcoin will be above more than 10x than this price. Because the going market of bitcoin is pretty awesome states so we should say that it would be the most challenging life style in the future to gain some extra profit from bitcoin.
I think bitcoin future is very bright and shine there is no doubt that bitcoin is now a very strong currency around the world and a good example is recently bitcoin arrived to Thailand so its mean bitcoin is going to expand its trade to the world so demand of bitcoin is going to increased and when the demand go high so the price will go high automatically.
demand for bitcoin to date is still so large and increasing. even the currently rising price is proof that bitcoin is something that is in search and need for a development. so, if this continues in the future, be sure that bitcoin will have a good future.

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October 27, 2017, 05:14:31 PM
 #210

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, for any other altcoins to replace Bitcoin because of some of the disadvantage you mention will take a lot of time for such a thing to happen in the nearest future. But it is a possibility that can happen in future, though one cannot tell when exactly it will happen.
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October 27, 2017, 05:22:11 PM
 #211

I think you have lots of misconceptions about bitcoin. Who says that bitcoin is outdated technology. By the bitcoin is just algorithm and the actual tech is blockchain on which the whole thing runs. It’s not outdated but it’s profound and astonishing tech which surpasses the traditional swift technology which we can see in the banking sector. The way we use bitcoin will make it volatile in its price and I don’t think that it is bad thing. Because this is what make us invest into it at the different entry point and then we can earn from it. There are many advantages of bitcoin and still so many development are pending. Just hold on and see the future which is bright.

Bitcoin is not an outdated technology of course, but when people speak about it in this manner, they usually mean there are better coins which are more advanced from a technological point of view and have more fancy features. In my opinion, this is not very important simply because any coin in existence today is used primarily for speculation purposes or aims at becoming a vehicle for speculation like bitcoin. If we proceed from this setup, then bitcoin is quite "up to date". It provides decent profits, and this is what seems to count most for the majority of people. People are looking for profits, they don't particularly care for innovation and some fancy stuff that new coins like dash might offer.
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October 27, 2017, 05:38:15 PM
 #212

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.

Since Bitcoin is volatile many of the traders in any exchange platform are getting have a chance to get profit and had a privilege to buy a token even its dump the price value but it has an instances that it can rise up in a span period of time.
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October 27, 2017, 05:56:37 PM
 #213

The future of bitcoin is completely gonna be successful based on the technology. As a part lot of users as well industries have been making their entry into bitcoin as well adopting blockchain technology upon their needs. Hope the same will take bitcoin to the next level of growth.
Yeah it gonna be rock because the people are now trusting the bitcoin and they are investing in the bitcoin for the long time, it is very important to have something saved for the future and the values of the bitcoin will get more and more wide, bitcoin is giving the huge values and the price of the bitcoin because the income of the bitcoin is the major thing for the increasing price and the income for sure.

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November 07, 2017, 03:23:02 AM
 #214

The volatility of bitcoin has been of an advantage to some people and of disadvantage to others.
It's this volatility of bitcoin that made it possible for individuals to make profit.
Besides, bitcoin has more users than other cryptocurrencies, survived so many downfalls in price and therefore cannot just die down. I believe bitcoin will become more stable and remain the best of all cryptocurrencies.

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November 09, 2017, 12:25:02 PM
 #215

As Bitcoin neither is nor controlled by banks or by government, we can say that in a way it really gives freedom. Anonymity of all operations with this crypto also gives some freedom. However, will this crypto last forever?
I think it have super future!!! So we need just to invest as much as possible. Anyway now 1 bitcoin is super expensive!
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November 16, 2017, 12:59:51 PM
 #216

As Bitcoin neither is nor controlled by banks or by government, we can say that in a way it really gives freedom. Anonymity of all operations with this crypto also gives some freedom. However, will this crypto last forever?
I think it have super future!!! So we need just to invest as much as possible. Anyway now 1 bitcoin is super expensive!
Banks are worrying as they are seeing the progress of bitcoin and as far as anonymity is concerned many governments are questioning about it that this will bless false people and fir this sake check system may will be introduced in short bitcoin will be the future ruler of currency world and those who invested into it now will surely be the millionaire at that time and it will be very awesome to live in digital world.
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November 16, 2017, 03:29:48 PM
 #217

I think the future of bitcoin is very bright. I have not seen anything that has spread so fast and has a rising graph. in fact increasingly turning the system to digital is a solid proof that bitcoin is going well. BitCoin will be valued very soon and will be valued even sooner. and I know everyone thinks that.
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November 16, 2017, 03:32:44 PM
 #218

I think the future of bitcoin is very bright. I have not seen anything that has spread so fast and has a rising graph. in fact increasingly turning the system to digital is a solid proof that bitcoin is going well. BitCoin will be valued very soon and will be valued even sooner. and I know everyone thinks that.
According to my experience in trading bitcoin will have a bright future because still there are minimum number of bitcoin users present in the world and now more big investor have taking interest in bitcoin so in future the it is more expected that the rate will be very high.
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November 16, 2017, 04:03:35 PM
 #219

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.

True, I think as time goes by bitcoins would be able to improve and be more establish and accepted throughout the world. Today bitcoin has taken the spot and the eye of almost every investors and economic specialist around the world and is gradually accepted and adapted by different organizations which I think would lay the solid foundation of bitcoin's future.

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November 16, 2017, 06:58:30 PM
 #220

Quote
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.

People love Bitcoin because of the fact it provide its user greater profit in short span of time and that is mainly due to volatility factor of Bitcoin which can give a rise of 30% in a single day whereas compared to other commodities like gold one cannot enjoy such profits. So, people moving away from Bitcoin due to volatility factor cannot be the reason. But technology changes every day and hence in the future one may see better technology than block chain there are chances that popularity of Bitcoin decreases.
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