DarkSi
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Activity: 294
Merit: 15
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October 01, 2017, 12:54:45 AM |
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Cool down the hype. History shows that pioneer technology is rarely viable for a long term. 5 years is a pretty long time considering the speed of blockchain evolution. Thus, I would bet on Ethereum or WavesPlatform, not Bitcoin.
I think Bitcoin will be killed by the one of its competitors.
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The Sceptical Chymist
Legendary
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Activity: 3332
Merit: 6834
Cashback 15%
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October 01, 2017, 01:01:27 AM |
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In 5 years, I hope to 1) Be a Legendary member here on bitcointalk, and 2) Have much more bitcoin than I do today. I think we'll all probably be here discussing the same things over and over, and the signature campaign problem will be worse than ever--but that's a different story.
Do I think it's worth holding for 5 years? Hell, yes, and I plan to do that myself. It's a good idea, as I think we'll be much higher then than we are today. You've seen these people predicting $50,000/BTC. That's where I think we'll be at. And I suspect precious metals will be booming then, too. We'll probably be in a Trump-initiated war, WW3 by then and we'll all be living in bunkers with internet access. Bitcoin will be more popular than ever because the only things we'll be buying will be digital entertainment stuff. You'll see. If Trump doesn't get impeached before then.
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Kyraishi
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October 01, 2017, 06:11:41 AM |
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Cool down the hype. History shows that pioneer technology is rarely viable for a long term. 5 years is a pretty long time considering the speed of blockchain evolution. Thus, I would bet on Ethereum or WavesPlatform, not Bitcoin.
I think Bitcoin will be killed by the one of its competitors.
Unlikely. If anything, it's going to be the complete opposite. Bitcoin will see a boom, whilst altcoin markets will go into complete bear mode. Ethereum is the real pioneer technology and i have serious doubts in it once ICOs get banned or cools down. For bitcoin, even if the price doesn't move, i think that in 5 years we'll see at least triple the amount of adopters that we are seeing right now. But as adopters increase, price will naturally increase as well. |
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jorneyflair
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October 01, 2017, 06:50:27 AM |
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What are your thoughts guys or is it worth to hold Btc for 5 years.
5 years is a really long time in the cryptocurrency world. Bitcoin has only existed for around 8 to 9 years in total, and we have already seen exponential growth since the day the idea of bitcoin was incepted. Personally i think that the next 5 years are going to be the years just before mainstream adoption starts to catch up. We can definitely expect a lot of growth in terms of price, as well as growth in adopters. However, we still need a decade or so before mass adoption can happen. |
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investeerder
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October 01, 2017, 06:55:04 AM |
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What are your thoughts guys or is it worth to hold Btc for 5 years.
5 years is a really long time in the cryptocurrency world. Bitcoin has only existed for around 8 to 9 years in total, and we have already seen exponential growth since the day the idea of bitcoin was incepted. Personally i think that the next 5 years are going to be the years just before mainstream adoption starts to catch up. We can definitely expect a lot of growth in terms of price, as well as growth in adopters. However, we still need a decade or so before mass adoption can happen. We doesn't know and that year is way far to be happen but if we base on the good happenings today and link it on future we can say that there's a good thing will be happen on bitcoins and maybe your mindset is right since bitcoins will surely be in the mainstream and be adopted by local stores aswell with the huge countries. |
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Ingoats
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October 01, 2017, 07:24:57 AM |
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What are your thoughts guys or is it worth to hold Btc for 5 years.
That's a long period of time and maybe Bitcoin is already legal to most countries by that time. And if its is, maybe, it will be priced at 10000$ to be more realistic. Bitcoin is continuously growing in all aspects. With that length of time, surely Bitcoin is more successful than it is by now. Bitcoin is still young so we may expect more from it. |
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kryptqnick
Legendary
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Activity: 3094
Merit: 1389
Join the world-leading crypto sportsbook NOW!
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October 01, 2017, 08:05:00 AM |
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Cool down the hype. History shows that pioneer technology is rarely viable for a long term. 5 years is a pretty long time considering the speed of blockchain evolution. Thus, I would bet on Ethereum or WavesPlatform, not Bitcoin.
I think Bitcoin will be killed by the one of its competitors.
I don't think bitcoin can really be killed my its competitors if it still lives the way it does nowadays. I mean, in case btc crushes due to some technical issues - sure, but in any other case - I don't think so. Obviously, the reason is not that btc is the best coin on the market. Surely there are platform offering things btc will never be able to offer. And yet when people start getting to know cryptocurrencies, they hear first about bitcoin as the oldest and the most trusted one. Among the biggest countries where btc is used and known are China and Russia, which are both mostly valuing stability, not innovations. |
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Kp4everK
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October 01, 2017, 08:19:03 AM |
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I think that in the next 5 years bitcoin will exist and will be making good profits for its owners during this time. It only develops and there is no reason for panic that it can become useless.
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Altas
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October 01, 2017, 09:49:35 AM |
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I think that in the next 5 years bitcoin will exist and will be making good profits for its owners during this time. It only develops and there is no reason for panic that it can become useless.
Yes, price increase with bitcoin is promised. I came to know through the friend who made me get into the bitcoin usage and 5 years from now expect a bigger growth as the user base keeps increasing with fluctuations at times. I find the friend to be financial developed through bitcoin which confirms the truth of growth. |
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Eternu
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October 01, 2017, 10:38:59 AM |
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If we look back in time, we will see that holding bitcoin has always been great thing to do. Therefor i always advise people, if they do not want to trade bitcoins and altcoins for more profit, they should hold and wait. Bitcoin has been rising in popularity this past months, and it will continue to do so. In five years maybe bitcoin will be used in most parts of the world, for day to day things.
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eann014
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October 01, 2017, 12:41:27 PM |
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What are your thoughts guys or is it worth to hold Btc for 5 years.
I think it is worth to hold btc for 5years, as you can see, bitcoin price now is rising thinking how much the bitcoin price way back 2009. So, I think bitcoin is worth to wait and hold for a long time for us to gain profit, it also like you invested a money and it gain a profit in a long term. But of course you have your own thinking and knowledge and you are he one who will decide to yourself whether you wait for that long or you sell it already. |
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