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Author Topic: what do you think will be the future of this market?  (Read 3371 times)
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September 08, 2017, 07:04:21 PM
 #21

The future for cryptocurrency is bright, the goverments will start to recognize it someday, it is just a matter of time Smiley

My opinion is same about future of bitcoin, some governments already legalized bitcoin and in future there can be just more country that will follow. Bitcoin is growing market, each year its bigger as more people are joining, and why people are joining, cause we already said many times bitcoin is just far more better then fiat currencies. Technology is now on high level and many young people are choosing technology over tradition, and in future that trend will continue. It is just a matter of time as you said it, for who knows how many years new generations will be much more bitcoin and technology oriented then ever, when that happen we can expect all governments in the world to accept bitcoin, maybe not all some will stay in past, there is always such cases.



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September 08, 2017, 07:05:14 PM
 #22

Some governments are already recognizing bitcoin and cryptocurrency in general. I think the market will be very big in the future. Governments will be forced to accept it and maybe place laws that will make cryptocurrency legal.
Not only some, but I'd say most of the modern world does. For instance there are laws concerning it all throughout Europe. In each of the EU countries you can go to the Police and say your BTC was stolen and they'll know what you're talking about and do the paperwork. You can also get charged for avoiding taxes from bitcoin sales, report profits from those sales, register a crypto company, like an exchange, and so on.
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September 08, 2017, 07:11:07 PM
 #23

The future of the market? I think the market is going to be independent of itself and thats the way it is going to be for a long time. It can only change to something I can't predict for now when any government tries to make a policy against it like we are just witnessing in China but, I don't see it overriding paper money. They can only trade side by side.

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September 08, 2017, 07:26:35 PM
 #24

I was worried, but there were rumors that this was politics. The government should protect freedom and bitcoin is financial freedom.
The government should not be afraid of losing income, because everyone left the bank. This is not fair.

Then why think on the first place that government will lose income? Or they really cared about that as main concern?

And never it will happened that everyone will left bank. That is impossible to happen since we are not talking about just money here in terms of comparing bitcoin and banking industry. There are such things today that needs banks services which even bitcoin will be bloom, I doubt bitcoin exchanges will do or will have the same services.

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September 08, 2017, 07:34:36 PM
 #25

I think that bitcoin will become famous and it will be used in many places. The government, on the other hand, does not like bitcoin at all but they will have to accept it as a form of payment since there are too many people using bitcoin and the cryptocurrency. As you can see, bitcoin is decentralized. If you ban it, people can still use it without being traced by the government

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September 08, 2017, 10:24:10 PM
 #26

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

The future of the crypto currency market is not certain worldwide. It depends on a lot of people who are closely associated with the market and also on the government's policy. The legal status of bitcoin is still not certain in majority of the countries. That's why bitcoin is creating a parallel economy instead of becoming a main stream currency.

However, it is really hard for the government to accept bitcoin as a mainstream currency because it is structurally not fit to become a main stream currency. The main road block is that bitcoin is not generated by the government, neither it is controlled by them. Government will never want to accept anything which is not generated by them, specially money. Hence, the chance of becoming a main stream currency for bitcoin is really gloomy at this moment.

   
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September 08, 2017, 11:37:59 PM
 #27

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

Consider the advantages of bitcoin which will always attract more adopters to invest in bitcoin, more merchants, business and companies accept bitcoin as payment method, I'm pretty sure bitcoin will continue to grow over $9,000 in 2018. Depends on your perspective about the future, is it 5 years or 10 years later? Bitcoin may reach $30K or $50K if you still alive until those days.
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September 08, 2017, 11:52:01 PM
 #28

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?
Governments can’t do any bad to crypto market. People are awfully impressed by these latest digital currencies and they love to deal in bitcoins and rest of the famous coins. I don’t think so public will let governments ban these currencies forever. After few years, when maximum people will be suing digital currencies, governments will be forced to make them legal.
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September 09, 2017, 12:08:19 AM
 #29

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

I think over time cryptocurrencies will gradually begin to catch on as an investment first, then a way to send money around the world and to store funds, and finally as a form of payment.

I think governments around the world will learn to accept Bitcoin and some other cryptocurrencies because they can't stop technological progress. They will learn to adapt to it eventually.
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September 09, 2017, 01:30:31 AM
 #30

The market that we have right now needs a lot of improvement on its system and other factors like having a great and stable demand for the market so the price will not become so volatile and it will attract attention from different people in the world who want to try something that can change their life and lifestyle.
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September 09, 2017, 01:57:52 AM
 #31

In the future it would be better.

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September 09, 2017, 02:38:53 AM
 #32

The future of the market? I think the market is going to be independent of itself and thats the way it is going to be for a long time. It can only change to something I can't predict for now when any government tries to make a policy against it like we are just witnessing in China but, I don't see it overriding paper money. They can only trade side by side.
I know that time will come the government will make a move toward bitcoin, probably they imposed rule and regulations. And it may happens, bitcoin could have a possibilities that the government will take controlled on it and they force as to state our real identity.
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September 09, 2017, 06:01:46 AM
 #33

The future of crypto currency is really great and looking at the exponential growth that it is experiencing I'm pretty sure it's value would be worth investing for us and for the government itself. The government will engage operations to legalise it in the way so that they won't hurt the principle of bitcoin that is "decentralised working" but still they will incur taxes on it and let people use it the way they want and as much as they would want.


The crypto currency as seen taking the giant leaps for fund raising through ethereum blockchain which is another advancement in the crypto world.


 
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September 09, 2017, 07:01:03 AM
 #34

The future of bitcoin is dependent on us, legalizing bitcoin means nothing to the government. Bitcoin is made for the people, we see bitcoin as a source of a great money and this is helping us. And if bitcoin will be taken over by the government, everything can be limited, there will be laws and consequences for every wrong move, every transaction will be recorded. Bitcoin will lose its present reputation.
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September 09, 2017, 09:00:29 AM
 #35

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?
Crypto market will continue to improve in the future, if there are many countries that legalize bitcoin then a small country will start to follow it, just look at it later I'm sure crypto will be recognized in many countries. do not be in a hurry for this kind of thing, let it run by itself and will definitely get the attention of the government later.

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September 09, 2017, 05:14:10 PM
 #36

I think that the bitcoin market already is an investment market.
And that would be the way bitcoin should be treated by governments, as an investment.
Where I life there are already regulations on how to handle investments and the profits you earn from them.
And I think that such a statement would be good in every country.

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September 09, 2017, 06:17:13 PM
 #37

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

Consider the advantages of bitcoin which will always attract more adopters to invest in bitcoin, more merchants, business and companies accept bitcoin as payment method, I'm pretty sure bitcoin will continue to grow over $9,000 in 2018. Depends on your perspective about the future, is it 5 years or 10 years later? Bitcoin may reach $30K or $50K if you still alive until those days.

Personally, after seeing the growth of bitcoin in the past and specially this year alone, there is no doubt that bitcoin price will reach new heights in the future. Almost all class of the society are already into it. Even Hollywood or sports personalities are seeing bitcoin as a good investment and that makes the future of bitcoin really good. I can only speculate that maybe in 5 years time. Bitcoin can grow in $30K or $50K.

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?
Crypto market will continue to improve in the future, if there are many countries that legalize bitcoin then a small country will start to follow it, just look at it later I'm sure crypto will be recognized in many countries. do not be in a hurry for this kind of thing, let it run by itself and will definitely get the attention of the government later.

All eyes is on Japan right now. It they are successful legalizing bitcoin then maybe in just few years more country will follow what Japan has set. We may see some anti-bitcoin nation become bitcoin friendly because it only makes sense to do so otherwise they will be left out. And the benefits that their citizen can get from earning bitcoin should outweigh their attitude against bitcoin.

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Ivan16
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September 09, 2017, 07:13:03 PM
 #38

I think this market is on good way,but if we going to progress we always make a change if we have same goal to earn money,we only make that if this market stabil
Kaller
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September 09, 2017, 08:31:56 PM
 #39

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

Great question man. I think most economists these days are in agreement that Bitcoin will someday be worth $500,000. If not, then certainly they are projecting over $5,000 in the short term... and I think so too.
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September 09, 2017, 08:37:17 PM
 #40

Bitcoin has a great future ahead its market continue to grow and gets more popularity as the years passes by and I think the government already accept it as a currency because we can actually use it around the world its just that government doesn't have the control over the market of bitcoin.

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