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Author Topic: Bitcoin in the future  (Read 8963 times)
danjonbit
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August 04, 2017, 08:36:44 AM
 #41

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

it is possible that bitcoin will spread in all countries, they will use it as its primary currency but for now bitcoin will remain bitcoin, and will remain giving us good profit. it will surge up high in near future and it is also possible. Smiley

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August 04, 2017, 08:40:45 AM
 #42

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

I don't think in any year it shall do that 😄. It's absolutely impossible to do that. Bitcoin is not meant to end the Fiat, but it's meant to supplant it. It is practically impossible to give a exact date as to when that could happen if that would happen. I don't think so, cause the amount of circulation of money out there is way to much for it to happen. It's very difficult to even get a answer for this.  
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August 04, 2017, 08:44:50 AM
 #43

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

Bitcoin doesn't simply have the power to absorb this planet's finances. It can create a parallel economy and make few people rich worldwide. But it simply can't replace the current economic system for sure.

Bitcoin will never be accepted in most of the countries because they don't have control on bitcoin. Governments won't allow something to enter their economy which they don't control. So, bitcoin will never be able to become a mainstream currency. It will remain as an wonderful investment asset like today.

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August 04, 2017, 08:55:11 AM
 #44

2036, I am sure John Titor said something about currency being digital or something like this.

Because blockchain is spreading like virus in the society I think it will be earlier than 2036, we have been thought in school in our information technology that it is slowly being implemented, but this blockchain technology can offer more than just cryptocurrencies. The new way of storing, receiving, sending information using blockchain will soon take over the old technology and will soon noticed by those people who don't believe in it for the meantime. 2030 below is my bet.
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August 04, 2017, 09:29:26 AM
 #45

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

it is possible that bitcoin will spread in all countries, they will use it as its primary currency but for now bitcoin will remain bitcoin, and will remain giving us good profit. it will surge up high in near future and it is also possible. Smiley

Maybe bitcoin will spread all over the world but it will not be legalize or at least regulate.
Well here in my country I can say its not legal but we can use it freely, can transact without having tax and I think its enough, as long as the government is hands off to this Im still on.

Well, its hard to tell when will it be completely absorb by many but one thing is sure that bitcoin will lasts as long as many trusted and still use it.

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August 04, 2017, 11:28:46 AM
 #46

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?

Meh this is being very optimistic maybe in the future we can see a lot of improvement but in this way, I don't think so.

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August 04, 2017, 11:53:51 AM
 #47

All of it is hope for all users about the progress of bitcoin, but we do not know what will happen to bitcoin in the future, whether the prediction will be realized or vice versa.
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August 04, 2017, 12:03:27 PM
 #48

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

Could certainly be  possible, but right now most people are set in stone about their Fiat currencies. We don't have enough attention with bitcoin to get people to make the swap the crypto yet. Fiat currencies just don't have as much problems as bitcoin and I don't think that the block chain of bitcoin will be doing very well of everyone started using it. We already have a pretty congested blockchain and we even have that much people using bitcoin now. How do you think it will be when everyone is using bitcoin.

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August 04, 2017, 12:14:59 PM
 #49

I don`t think that it has such potential. Maybe in some sectors of economy we will see bitcoin, for exampla for buying goods. But on the big arena it has no chance. Maybe some altcoin will take such place, but not bitcoin and i dont think that such coin even exists.

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August 04, 2017, 12:23:00 PM
 #50

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?

Meh this is being very optimistic maybe in the future we can see a lot of improvement but in this way, I don't think so.

In November, bitcoin will be improved and this will make it even more popular and quality. And maybe even more expensive. Bitcoin still has a very large potential

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August 04, 2017, 12:29:17 PM
 #51

no one can predict that my friend, only that i know is BCT will help me to be a millionaire in the future
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August 04, 2017, 12:36:32 PM
 #52

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?

Meh this is being very optimistic maybe in the future we can see a lot of improvement but in this way, I don't think so.

In November, bitcoin will be improved and this will make it even more popular and quality. And maybe even more expensive. Bitcoin still has a very large potential
Bitcoin has a lot to improve while we are looking in its potential state. We can say it will improve but we do not know when it will be, as we can clearly see it, improving is a part of its development and yet no one knows what, how and when. We may predict it and make some hypothesis and graphs, but surely as the time passes by more and more people will find an easier way to it. So let us just wait further.

.
..........
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August 04, 2017, 01:16:42 PM
 #53

Everybody thinks about the good future of BitCoin,
That day there will be many billionaires of dollars
But why do not people think of another scenario?
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August 04, 2017, 01:19:23 PM
 #54

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?

Meh this is being very optimistic maybe in the future we can see a lot of improvement but in this way, I don't think so.

In November, bitcoin will be improved and this will make it even more popular and quality. And maybe even more expensive. Bitcoin still has a very large potential
Bitcoin has a lot to improve while we are looking in its potential state. We can say it will improve but we do not know when it will be, as we can clearly see it, improving is a part of its development and yet no one knows what, how and when. We may predict it and make some hypothesis and graphs, but surely as the time passes by more and more people will find an easier way to it. So let us just wait further.
Time will tell all of us
Until then, I think it may be late
Take the opportunity when things are not clear to make a profit
Be a smart investor
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August 04, 2017, 01:21:19 PM
 #55

I don`t think that it has such potential. Maybe in some sectors of economy we will see bitcoin, for exampla for buying goods. But on the big arena it has no chance. Maybe some altcoin will take such place, but not bitcoin and i dont think that such coin even exists.
I totally agree with your opinion
Although BitCoin is a bit of crypto
However, it also has certain disadvantages
There are a lot of altcoin to be born and to shoulder part of the responsibility in everyday life
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August 04, 2017, 01:25:05 PM
 #56

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.

if it is where gonna happen it is more fun in the world. But there are conflict in every good thing that happen.
Do not think too much about a pink future with bitcoin
Look at the black spots and be careful in investing
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August 04, 2017, 01:29:28 PM
 #57

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.

Interesting timeline. It's not unlikely for this to happen in the near future. Some obstacles that Bitcoin and cryptocurrency will encounter will be politics and the government. Also, there should be more innovations and advancement of technology to allow widespread usage of Bitcoin. For Bitcoin to absorb all the finances of the world's system, it would have to overthrow fiat money. It is certainly possible especially now that it is being recognized and adopted more.
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August 04, 2017, 01:33:53 PM
 #58

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?

Interesting prediction, we need to revisit this topic in 3 years to see if it has begun.
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August 04, 2017, 01:38:44 PM
 #59

I think that the future bitcoin will have its ups and downs in the trade, but I'm sure the bitcoin will recover as it once did.
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August 04, 2017, 01:54:32 PM
 #60

I think that the future bitcoin will have its ups and downs in the trade, but I'm sure the bitcoin will recover as it once did.


In this kind of trading, I think that cryptocurrencies are really unpredictable even if you really try, because that is the way Crypto works, but yes it will surely recover even if many have dump because of the panic, and we already witness something like this happen and it is on the early month before August 1 that so many panicking users have dump their bitcoin and a lot have think that the price will surely crash down the drain, but bitcoin have surely made another leap up and regain it's footing, and that is the time that I am sure that bitcoin will surely recover from a fall.
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