Bitcoin in 10 + years

[AlexSimion]

What are your speculations on the bitcoins but also the rest of cryptocurrencies in the future ?
Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.
I understood for now Russia and China acknowledged bitcoin like currency ? Am I wrong ? And are there any other countries that did the same ?

[affandi]

http://www.newsbtc.com/2017/04/02/japan-officially-recognises-bitcoin-currency-starting-april-2017/
Beginning April 2017, Bitcoin gained the legal status of currency in Japan. As the cryptocurrency revolution gathers storm in the country, the Japanese retail outlets are moving fast to capitalize on the technology and economic shift by including Bitcoin as an additional payment option.

Here are some reviews I read.
And japan has proven its legality about bitcoin

[angrybirdy]

http://www.newsbtc.com/2017/04/02/japan-officially-recognises-bitcoin-currency-starting-april-2017/
Beginning April 2017, Bitcoin gained the legal status of currency in Japan. As the cryptocurrency revolution gathers storm in the country, the Japanese retail outlets are moving fast to capitalize on the technology and economic shift by including Bitcoin as an additional payment option.

Here are some reviews I read.
And japan has proven its legality about bitcoin

Pretty good article. Thanks for sharing.


As many have already mentioned in other threads with the same sense as your topic OP, since we are in the generation where technology is booming tremendously, and so, the flexibility of cryptocurrency towards everyday expenditure is a very high factor that the possibility of cryptocurrency being the Global currency after sometime is very high.

[sukamasoto]

I'm sure that bitcoin will getting valuable and rare after 10 years since there are many transaction happening at the moment.
It's mean that many people interest on bitcoin potential so just make sure that you keep your bitcoin as long as possible

[sir.humus]

I think Bitcoin will have much more stable price.
and then you'll be able to use it in a day-to-day purchases like any other currency.
even now, more and more merchants are using bitcoin, and even countries are starting to accept it.
So in ten years it will be just part of our life.

In the matter of BTC/USD price, I believe it will stabilize at around 20,000 USD per BTC.

[ParabellumLite]

I think it will be mostly abandoned, as you cannot win from regulators. BTC has opposite goals contrary to those of regulators, which is why it can never grow to any significant size.
Also, I expect BTC will be taken over by tech that's much more scalable, and easier to update without all the politics surrounding BTC. There are a few logical alternatives to BTC out there already, with BTC already been outdated as of 2017.

[BitHodler]

I think it will be mostly abandoned, as you cannot win from regulators. BTC has opposite goals contrary to those of regulators, which is why it can never grow to any significant size.
Also, I expect BTC will be taken over by tech that's much more scalable, and easier to update without all the politics surrounding BTC. There are a few logical alternatives to BTC out there already, with BTC already been outdated as of 2017.

You're funny. Bitcoin is the digital gold of the new era, and yet you think it will never grow in size? How do you call the growth that we have been experiencing in the last years? Insignificant growth? Fake growth?

Let me guess, one of the alternatives that you are referring to, isn't coincidentally Ethereum? People only care about the speculative aspect of altcoins, and not their gimmicky features.

[ParabellumLite]

I think it will be mostly abandoned, as you cannot win from regulators. BTC has opposite goals contrary to those of regulators, which is why it can never grow to any significant size.
Also, I expect BTC will be taken over by tech that's much more scalable, and easier to update without all the politics surrounding BTC. There are a few logical alternatives to BTC out there already, with BTC already been outdated as of 2017.

You're funny. Bitcoin is the digital gold of the new era, and yet you think it will never grow in size? How do you call the growth that we have been experiencing in the last years? Insignificant growth? Fake growth?

Let me guess, one of the alternatives that you are referring to, isn't coincidentally Ethereum? People only care about the speculative aspect of altcoins, and not their gimmicky features.

A bubble mostly, given that BTC is almost not being used for actually buying stuff, still as of 2017. It is the same problem it had in 2013, and the same problem still mainly persists into 2017.
I don't think Bitcoin is a store of value: there's nothing physical backing it up like gold, nor does gold fluctuate this violently in value. The growth we've seen over the past years was mostly speculation based on its future usecase, and ignored whatever regulators would do when BTC would get too big. That's why BTC will never succeed in the end: by far most governments cannot accept something that could be used for widespread money laundering, tax evasion and other unwanted side effects.

I am not invested in ETH, but I think it's actually much more advanced than BTC at this point. I also think you know that to be true, given that BTC is getting ancient, sloppish and less innovative with each passing day. ETH got a few of the same problems as BTC does though, with regard to its actual usecase as of today. However, I see much more potential in ETH or XRP (used to settle payments) than BTC at this point. Both have also appreciated much more steeply than BTC this year, and BTC's rise was probably mostly facilitated by altcoin trades - which are mainly being done in BTC.

[YuginKadoya]

That is a lot of years to certainly think what will surely would happen in that years and that would be the year 2027 and I my opinion only, Bitcoin and all Altcoins will surely be fruitful in that years but I am guessing countries would adapt in many specific coins not to mention Russia can surely adapt one of that coins and that is ETH I can not certainly tell when but they are backing it and taking a step in doing it, and maybe other countries would surely take other Alcoins to surely use it, well that is just a speculation, money or fiat is surely changing it's form and we can surely see digital currency will be the future of currency!

[bamboylee]

I just hoped by that time all the issues in crypto currency is solved. And if this becomes true by then, bitcoin and altcoin will become a major thing. It may not overcome fiat or become the major payment processor but become a major thing like internet is right now.

[SinLinJim]

I just hoped by that time all the issues in crypto currency is solved. And if this becomes true by then, bitcoin and altcoin will become a major thing. It may not overcome fiat or become the major payment processor but become a major thing like internet is right now.

Despite the fact that many countries are now also actively involved in the use of force and issue their own crypto currency, I also think that further Fiat Bitcoin will not go. The real currency today is also very well listed on the financial market and Bitcoin will not be able to prevent it. But I want to say that Bitcoin and Fiat have their power And everyone in their field.

[Gameroid]

I just hoped by that time all the issues in crypto currency is solved. And if this becomes true by then, bitcoin and altcoin will become a major thing. It may not overcome fiat or become the major payment processor but become a major thing like internet is right now.

although 10 years is such a long time to predict about bitcoin but if we examine the current position of bitcoin we can evaluate about the price of bitcoin that after 10+ years bitcoin will be hopefully too much in strong  position and yes all the bitcoin related issues will also be solved,  at that time i am hopeful that the community of bitcoin will more that 50% of the total population of the world.

[Meuh6879]

What are your speculations on the bitcoins but also the rest of cryptocurrencies in the future ?

x3 every year.

[mindrust]

Hold at least 10 bitcoins, be the happiest man after 10 years.

The money you'll have at that time probably will be enough for you to retire. Ez Retirement in 10 years? Get 10 bitcoins. That'll be equal to 500k$ probably.

And Platinum Retirement Plan is only for 21BTC = 1 Million USD. 21BTC is a bit hard to collect now so not many people will be having this plan. That's why its labeled as "platinum"  

[CardShare]

I love how everyone thinks oh 10k+ in X years. Just because some country's have adapted to accept it others are looking to ban it or revoke access to banking facility if you are reviving money to or from exchanges.. also with the upcoming vote on 1st august bitcoin might not be just bitcoin in the near future,

[Meuh6879]

Bitcoin, it's not miners ... miners are only a part (1/3) of Bitcoin.

1/3 = nodes
2/3 = miners
3/3 = market

triangular forces are interesting.

[batang_bitcoin]

What are your speculations on the bitcoins but also the rest of cryptocurrencies in the future ?
Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.
I understood for now Russia and China acknowledged bitcoin like currency ? Am I wrong ? And are there any other countries that did the same ?

I also think that many will get interested to bitcoin. But Russia (Vladimir Putin) is now into putting his interest to Ethereum and that's probably one of the reason why eth is rising. Still bitcoin is the main crypto that everyone is going to catch up and many will use this in the future but we need to face first it's problems.

[ModGirl]

With the passage of time more and more people are coming to adopt bitcoin and different countries also started to adopt bitcoin as a legal currency for their state which is becoming a good reason for to increase its price so I think in the coming 10 years bitcoin will be a global currency with a highest value.

[jerowacik]

What are your speculations on the bitcoins but also the rest of cryptocurrencies in the future ?
Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.
I understood for now Russia and China acknowledged bitcoin like currency ? Am I wrong ? And are there any other countries that did the same ?

I think that in the future bitcoin prices will increase very high. Could be in the next 10 years the price jumped hundreds of percent of the current price. This must be affected also by the increase in the number of bitcoin users, because the greater the need the higher the bitcoin price.

[n0ne]

What are your speculations on the bitcoins but also the rest of cryptocurrencies in the future ?
Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.
I understood for now Russia and China acknowledged bitcoin like currency ? Am I wrong ? And are there any other countries that did the same ?

I think that in the future bitcoin prices will increase very high. Could be in the next 10 years the price jumped hundreds of percent of the current price. This must be affected also by the increase in the number of bitcoin users, because the greater the need the higher the bitcoin price.

Higher the usage and acceptance will gradually leads for an increase in price. This is a promised growth, because already we knew that bitcoin generation is limited whereas the user base is increasing randomly. When we think about the price after 10 years surely​ it will be high as we could have crossed two halving by that time.