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Author Topic: what do you think will be the future of this market?  (Read 3337 times)
bitllionaire
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November 23, 2017, 11:59:32 PM
 #61

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people
They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.
i think it will be depending on the  pressure that will put by the people on their government. I am sure that in future when the users of bitcoin will increase then they will surely turn bitcoin as legal currency.
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November 24, 2017, 02:36:37 AM
 #62

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 government will start recognizing bitcoin once more and more businesses accepts it. If bitcoin is going to be the way it should be then government will see the real help that it can do to nation's economy.
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November 24, 2017, 03:04:27 AM
 #63

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 government will start recognizing bitcoin once more and more businesses accepts it. If bitcoin is going to be the way it should be then government will see the real help that it can do to nation's economy.
Actually the government already recognizing bitcoin because of its popularity brings to the community. The more concern is the adoptation and legalizing bitcoin by the government because it really takes time and more things to consider before it happen. But I know it will happen in the future that market will really legalizing.
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November 24, 2017, 03:40:28 AM
 #64

The future of bitcoin relies on the demand that it will have in the future, when more and more people will use then bitcoin's price will go high every time. Once more and more government accepts bitcoin then we should expect a brighter future for bitcoin.
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November 24, 2017, 03:58:20 AM
 #65

I think bitcoin has a bright future, imagine the huge rate that it had this year considering that we only have a small percentage of the world's population that is embracing bitcoin what more can happen if we double that number in the next years.

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November 24, 2017, 04:11:03 AM
 #66

If more citizens on that particular country will used bitcoin and invest on it without doing illegal and criminal acts.. the government will soon recognized it and even support it to be legalized.. The will of the people is what the public officials is always prioritized.. Or if you have high ranking official that you personally knows it is not a bad thing to talked and explained the disadvantages and advantages of bitcoin and what it can help for the country..
How will any government get the proof that yes all the people using the cryptocurrency are not involved in illegal activities? Public officials always work for the future and the interest of nation and country. If it was so, that government officials to be working for the will of the people then USA would have recognize it yet as a currency.
No government officials can help anyone in such kind of things, if it was this much easy then it would have been legalised till now. For legalised structure the disadvantages of crypto are more than advantages.
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November 24, 2017, 04:41:39 AM
 #67

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 government will start recognizing bitcoin once more and more businesses accepts it. If bitcoin is going to be the way it should be then government will see the real help that it can do to nation's economy.
Actually the government already recognizing bitcoin because of its popularity brings to the community. The more concern is the adoptation and legalizing bitcoin by the government because it really takes time and more things to consider before it happen. But I know it will happen in the future that market will really legalizing.

yeah, legalizing bitcoin is take too much time from the government to be totally accepted this bitcoin and to implement this bitcoin in their whole country. and im hoping too that this bitcoin will totally adopted and legalized in some other country, mostly for that country that not yet accepting/banned this bitcoin. because bitcoin is the future currency to be use of the next generation people.
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November 24, 2017, 04:43:16 AM
 #68

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 the future market of bitcoin will skyrocket to the moon. When time comes, bitcoin community will become popular and many investors will support this kind of business because they will realize the great potential of bitcoin when it comes to fast transaction and security of their money. Someday government will recognize this currency and they will be convince to know much more about bitcoin. Hopefully this will not affects bitcoiner income when it comes to taxes lol 😅🤑

The future of bitcoin will be dominating through many years since it value is still increasing. Having a massive investors around the cyberworld will be much more satisfying the performance of the market having there bitcoin gaining a good profit as time passes by.
Some countries have already implemented the bitcoin transaction and I believed someday it will be implemented through many countries by the support of there government which will also help the progress of the country and the economy as well.
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November 24, 2017, 05:13:52 AM
 #69

The future of this market is good and profitable among the users of this market the digital currency is now accepting everywhere and widely used for many payments it is good to have an amount of digital currency because through this you can make online payments conveniently. For this the educated people have good amount of this currency and this is accessible everywhere.

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November 24, 2017, 05:15:33 AM
 #70

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?

Well by this market you must mean bitcoin, I think that realistically it will always struggle to be accepted as a currency but in time will become a more and more common accepted means of payment. To be accepted as a currency it will need a lot of criteria to be met which are not currently.

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November 24, 2017, 05:26:20 AM
 #71

I do see regulated framework coming in when it comes to the crypto trading, especially if it is involving the crypto/fiat trades. Governments will make it mandatory for the domestic exchanges to collect and share the KYC/transactions database of traders in order to determine the tax liability of the users. The legal framework is on the way but it will take about a year or 2 in most of the countries to at least get an exact idea of it. Crypto market will not go anywhere but it will transform in a structured manner.
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November 24, 2017, 05:33:05 AM
 #72

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 market will be more attractive since every day we have seen many new coins is launch in every market and many people want to buy the coins. the government will need to learn about digital currency so they can know what the different and if they want to make regulations for digital currency, they will make some rules or one border line between online and offline world. of course the government will make approaching to digital currency user before they apply the regulations so there will be no panic from people.

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November 24, 2017, 05:43:35 AM
 #73

The future for cryptocurrency is bright, the goverments will start to recognize it someday, it is just a matter of time Smiley
i think goverment already recognize bitcoin. Maybe they didn't displayed it on public because it has a dark side involve on it which is there's a alot of people using  bitcoin to buy illegal stuff online and also this digital currency is anonymous can hide the Identity of person who made the transac. So its imposible that bitcoin will be  legal in the future. Maybe it will be recognize because of its expensive value. But not to displayed public.
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November 28, 2017, 10:17:06 AM
 #74

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people
They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.
i think it will be depending on the  pressure that will put by the people on their government. I am sure that in future when the users of bitcoin will increase then they will surely turn bitcoin as legal currency.
Bitcoin is already legal currency in many developed currencies and those governments that are really sincere with their public and concerned with the prosperity of their public have already made bitcoin legal in their countries.

Only those government that do not want to lose their control over public are afraid of making bitcoin legal but soon the increase in community of bitcoin will premise government for the legalization of bitcoin.

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November 28, 2017, 12:34:58 PM
 #75

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people
They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.
i think it will be depending on the  pressure that will put by the people on their government. I am sure that in future when the users of bitcoin will increase then they will surely turn bitcoin as legal currency.
Bitcoin is already legal currency in many developed currencies and those governments that are really sincere with their public and concerned with the prosperity of their public have already made bitcoin legal in their countries.

Only those government that do not want to lose their control over public are afraid of making bitcoin legal but soon the increase in community of bitcoin will premise government for the legalization of bitcoin.
To be honest, there is still few countries that made bitcoin as a legalized currency because most of the countries in our world are just doubting about the potential of bitcoin because they are scared because of the possibility that the illegal transactions will just grow even into a bigger amount of transaction because of the anonymity of bitcoin.
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November 28, 2017, 01:51:16 PM
 #76

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 typically cater to the will of those who wield the greatest political influence. Money is correlated with political influence. The more money someone has & the more they're willing to spend it towards funding political campaigns and lobbyist efforts, this grants a person political influence. Owning guns and weapons also gives a person or group political influence. It might be fair to say the reason the united states had the most political influence in the world was due to it having a lot of money, a wealthy economy and having a powerful military.

In asking which policy a government is likely to embrace, the question of which policy is advocated by those who wield the greatest political influence comes into play. If those with the most political influence want bitcoin to be recognized as a currency, that is typically the policy politicians will adopt.


Those things may be true - wealth and power gives one influence in the political world. However, other than people with power, money and guns, I still believe that the sovereign people have influence and power.

In a democratic country, the people have sovereign power. If there were many citizens who use bitcoin, then the government would have no choice but to make some actions and do something about it. They would have to either adopt it or prohibit it if they find it to be a threat to the nation. Its possible for bitcoin to be recognized by the government as a currency, it will because it is needed by its people.
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November 28, 2017, 02:11:29 PM
 #77

The best scenario is where governments around the world are recognizing bitcoins like how Japan does, a sort of internet money that could substitute their local currency in goods, which would improve sales/economy and simply the amazing technology that make organization more efficient and basically richer people. Governments wouldn't fancy any change within their system using block-chain at least for now, but still a wide adoption of cryptocurrency in general is the main factor to drive acceptance among countries, the chain reaction would go on when cryptocurrency could bring it's true potential and values within,

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November 28, 2017, 07:54:00 PM
 #78

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people
They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.
I'm not worried about countries creating their own cryptocurrencies I know that is going to deceive a lot of people but at the end they are going to create their crypto with the same flaws as their fiat, people do not choose bitcoin to be fashionable we choose it because it is a superior coins and they have no interest in creating something like that so bitcoin will always be the number one cryptocurrency.
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November 28, 2017, 08:12:29 PM
 #79

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people
They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.
I'm not worried about countries creating their own cryptocurrencies I know that is going to deceive a lot of people but at the end they are going to create their crypto with the same flaws as their fiat, people do not choose bitcoin to be fashionable we choose it because it is a superior coins and they have no interest in creating something like that so bitcoin will always be the number one cryptocurrency.
If its being created by the government then expect it would really be just like fiat currency knowing that those things are still centralized which means they do have still the full control of it which is really different into Bitcoin and other altcoins in the market which we can feel freedom on what we are experiencing as of now.Future of market of crypto would somehow sustain for upcoming years.

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November 28, 2017, 08:28:06 PM
 #80

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people
They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.
I'm not worried about countries creating their own cryptocurrencies I know that is going to deceive a lot of people but at the end they are going to create their crypto with the same flaws as their fiat, people do not choose bitcoin to be fashionable we choose it because it is a superior coins and they have no interest in creating something like that so bitcoin will always be the number one cryptocurrency.
If its being created by the government then expect it would really be just like fiat currency knowing that those things are still centralized which means they do have still the full control of it which is really different into Bitcoin and other altcoins in the market which we can feel freedom on what we are experiencing as of now.Future of market of crypto would somehow sustain for upcoming years.



Future was too good only  and I am not worried about the countries creating the own crypto currency and I am know that it's going to deceive that a lot of people but at the end this going to create to crypto with same flaws and in a democratic country the people have sovereign power are the future of this market.
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