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Author Topic: Bitcoin in the future  (Read 8959 times)
goks22 (OP)
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August 03, 2017, 02:09:22 PM
 #1

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
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August 03, 2017, 02:13:49 PM
 #2

No one knows i think, bitcoin is unpredictable but one thing i know that bitcoin has a brighter future.
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August 03, 2017, 02:20:58 PM
 #3

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

It has a chance of completely absorbing all the finances in the world, the only problem is, it is pretty unstable or so volatile, do you think people will accept them if they are like that?

Also if merchants will be accepting these digital currency, will they ensure the their selves their profits? No, because as I said, it is really volatile.

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August 03, 2017, 02:22:00 PM
 #4

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
No one can say it correctly. but everyone can predict about bitcoin future.Suppose me, i always believe in Bitcoin. I believe it will be future treasure for me.just holding my bitcoin and waiting for the day. you can check bitcoin previous year prices, i am sure you will be astonished.
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August 03, 2017, 02:27:14 PM
 #5

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

Here is how I see the timeline:

2020: This decade will be the consolidation of crypto, and bitcoin will be on the lead because no altcoin will be able to clearly defeat it for what it has to offer. Every competing altcoin will continue to be seen as a gimmick/ripoff with no support
2025: Lightning Network is now fully operative and competing against all fiat payment system.
2027: The price is now 6 figures, the release of new coins is very low.
2030: Onchain transactions are now expensive, only used for 100+ USD dollars or more. Onchain BTC is digital gold. Thanks to the conservative blocksize, corporations can't control the network. Everyday non important transactions are processed on the LN. Trillions of transactions per second are happening. Banks are struggling to justify their existance.

2030+: BTC is the world currency, banks fully support it and act as a way for newbies that cannot take care of their own bitcoins, they do it for them. People that want to be sovereign still control their BTC.

1 BTC is worth 1+ million a coin. Chinese mining no longer leader. Intel and AMD and nVidia now competing to be the top miners.
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August 03, 2017, 02:32:24 PM
 #6

No one can predict that but we can be sure that atleast blockchain technology will be used by almost all banks around the world within next 10 years. And by that time, I think bitcoin will have marketcap in trillion dollar.

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August 03, 2017, 02:36:19 PM
 #7

No one knows i think, bitcoin is unpredictable but one thing i know that bitcoin has a brighter future.

I can't say it is not predictable because there are some people who can tell what might happen to them, but the thing is it is not that accurate. There are a lot of people who are using bitcoin, the more uses bitcoin, the higher the price.
So the decisions and the things that might be implemented to bitcoin depends on what might happen in the users and the price.
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August 03, 2017, 02:36:29 PM
 #8

In recent years, Bitcoin has earned huge credibility and acceptability whole around the world by providing huge value of its platform. That's why people are getting involved with this system and day by day it's becoming a profitable and popular across the world. It is easily predict that, Bitcoin will shine more than before and it will last long time as we expect...
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August 03, 2017, 02:40:17 PM
 #9

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

This time will come, when all countries accept bitcoin in their official matters as a legal currency.
Then sure this time will come when we know about  bitcoin completely absorb in all finances systems.
But no one sure this time will come or not, it is because we have good thinking about bitcoin's future, However we have thought that in future bitcoin will be completed absorb in all finance of the planet's system.









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August 03, 2017, 02:45:43 PM
 #10

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
No, I never thought about that. With that, I do not think bitcoin will affect people like that. Although I can not foresee the future but I guess that bitcoin will have a strong development path. As a step forward for the technical currency in the world.
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August 03, 2017, 02:50:23 PM
 #11

It has a chance of completely absorbing all the finances in the world, the only problem is, it is pretty unstable or so volatile, do you think people will accept them if they are like that?

Nope, not even the slightest chance to be a nation's currency. Governments like an inflationary fiat that they can control the supply to control their economy. Bitcoin doesn't have that, and that reason alone is very crucial for bitcoin in becoming one nation's currency

Also if merchants will be accepting these digital currency, will they ensure the their selves their profits? No, because as I said, it is really volatile.

If these merchants would be patient enough to hold the coins, the profit would be high compared to what they'll have from their merchandise, however they need to use the money to keep the business going, so yes, bitcoin isn't very appealing to merchants atm.

In recent years, Bitcoin has earned huge credibility and acceptability whole around the world by providing huge value of its platform. That's why people are getting involved with this system and day by day it's becoming a profitable and popular across the world. It is easily predict that, Bitcoin will shine more than before and it will last long time as we expect...

The best that bitcoin can be is being the main currency in underground trading markets and not standing as a nation's currency. No matter how positive the public reception would be, it's still up to the government to approve it as an official currency.

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August 03, 2017, 03:14:15 PM
 #12

At first, I would like to say that I have a strong belief in Bitcoin Because of its raising value. If you observe the rate of increasing this value then definitely you become a fan of it. I really fond of connecting with Bitcoin. I already have gained from here a lot that's why I also believe that Bitcoin system will be carried out for the long time. And it will dominate on the monetary system one-day.
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August 03, 2017, 03:16:06 PM
 #13

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

Here is how I see the timeline:

2020: This decade will be the consolidation of crypto, and bitcoin will be on the lead because no altcoin will be able to clearly defeat it for what it has to offer. Every competing altcoin will continue to be seen as a gimmick/ripoff with no support
2025: Lightning Network is now fully operative and competing against all fiat payment system.
2027: The price is now 6 figures, the release of new coins is very low.
2030: Onchain transactions are now expensive, only used for 100+ USD dollars or more. Onchain BTC is digital gold. Thanks to the conservative blocksize, corporations can't control the network. Everyday non important transactions are processed on the LN. Trillions of transactions per second are happening. Banks are struggling to justify their existance.

2030+: BTC is the world currency, banks fully support it and act as a way for newbies that cannot take care of their own bitcoins, they do it for them. People that want to be sovereign still control their BTC.

1 BTC is worth 1+ million a coin. Chinese mining no longer leader. Intel and AMD and nVidia now competing to be the top miners.

This is an amazing prediction, and I hope it will come true. And does this mean Bitcoin will take over the world economy?
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August 03, 2017, 03:35:11 PM
 #14

recently I have analyzed about the future of Bitcoin by collecting recent years database of the rate of ups and downs. at the end, I came to a point that, Bitcoin will provide more price in very soon. already it has grown again. so it is said that Bitcoin will last a long time and we will be getting more benefited by this platform.
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August 03, 2017, 03:37:11 PM
 #15

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
Well that is very likely to happen. The only thing that I know of now is the bitcoin is growing, it can go up a new level in the future. Maybe it will change the world economy.

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August 03, 2017, 03:41:03 PM
 #16

I think everything will happen pretty sudden and fast.
Bitcoin will become world currency as soon as it will become easily convertible from fiat.
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August 03, 2017, 03:51:22 PM
 #17

I do not think so, because above the sky there is still the sky. I think in the next few years there will be Cryptocurrency besides Bitcoin which will occupy the seat of throne, in the currency digital currency above Bitcoin. All this / it can happen all of a sudden. So, prepare yourself.

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August 03, 2017, 04:09:03 PM
 #18

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
I think it will still take a long year before bitcoin absorb everything. Just by looking at current situation of bitcoin that it's not yet legalize through all the countries in the world makes it more hard to believe that it's era is very near. There are still alot of innovations to be made so that bitcoin will be able to handle the drastic number of people who are using and depending on it. Aside from legalization, the sudden showing of new altcoins will also affect bitcoin in conquering the world.
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August 03, 2017, 04:17:03 PM
 #19

i think now is the time to buy bitcoin as a saving because i think bitcoin is strongly standing in currency after the issue of august 1 and bitcoin great invesment for the future maybe bitcoin in the next coming year is in a very high value in decentralized currency.

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August 03, 2017, 04:19:28 PM
 #20

Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
For my opinion, I don't think bitcoin will already be able to absorb all the finances as of the present. Many people are not yet aware on how bitcoin works and how it helps people in terms of finance. Many countries have legalized it already but not yet all. There will still be a lot of innovations that will be made before bitcoin conquer the world's finance. But I have faith with the future of bitcoin and I know it will be successful and more popular due to its high value and is easy to access in every part of the world.
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