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Author Topic: what do you think will be the future of this market?  (Read 3337 times)
JL421
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September 09, 2017, 08:45:55 PM
 #41

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
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November 18, 2017, 10:13:19 AM
 #42

Well I think as time passes by the value of bitcoin will go expensive because it is well known now a days and many people are using bitcoin because very accessible to everyone and it is a smart way on investing your money because this bitcoin have assurance that your will gain something if you invest. I think government will not allow electronic money because there is so many aspect that may interrupt this kind of currency like natural calamities and hacking of site which are prone on our modern days that is why I think that government wouldn't let it.
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November 18, 2017, 10:14:44 AM
 #43

I think first the whole world should accept Bitcoin, big organization like WHO or WTO have to accept it first than other countries will consider about accepting Bitcoin.
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November 18, 2017, 10:23:13 AM
 #44

I dont think government will actually admit its an ecurrency because they have always want to deal with what they can have control over and what can also enrich their pocket than the people they serve. many of this countries where crypto have been ban refuse to admit its a currency but they see it as a threat to their economy. crypto market will continue to grow until the coins are fully dumped which i dont think it is possible
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November 18, 2017, 02:40:28 PM
 #45



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?



No matter what happens with this market the bitcoin will be the asset or store value though all years. It can't be currency for the government as long as it doesn't have physical form and proper protocol of regulating the same. We never say that gold is currency even though it has physical form because its just precious metal and government accepts it as it is. So why would they go saying that bitcoin is currency. Bitcoin currency is concept of us, the crypto community and just to recognise it by some means we cal it off the currency. May be there needs some explanation between how currency works and how an asset works really. There is always huge difference between them so I guess the question is vague at this point. So no its not current yet and won't be really.

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November 18, 2017, 02:58:51 PM
 #46

The adaption and innovation of the blockchain technology will surely be the future pattern to implement for their businesses, companies, schools and other sectors of the countries economy bringing the variety of productivity, change, transparency and advancement towards their own success, for the currency if bitcoin survives in the future and the fact that the cryptocurrencies that we have need to innovate and upgrade to seek the approval of the entire government officials through out the world.

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November 18, 2017, 03:17:23 PM
 #47

I believe in the near future, crptocurrency will dominate the cybermarket and even in our local market by using crptocurrency for exchange in fiat money. Also hopefully government and local banks would not do something chaotic in order to enter in this field. governments might find a way to implement this way of payment instead of banning it such as creating their own crptocurrency.

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hisuka
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November 18, 2017, 03:34:42 PM
 #48

The future of this market is good and actually the market is started to recognize by the government. But, in terms by legalizing it will take time. These days many of us has giving the support and continues its demand so the future will giving a big impact and can pass through the challenges.
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November 18, 2017, 04:05:34 PM
 #49

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?

yes I think bitcoin will be the digital currency in use in the future, because bitcoin is the digital currency is no longer paper currency and no longer need to make money and very useful and easier to carry anywhere.
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November 18, 2017, 04:29:46 PM
 #50

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 bitcoin market seems to be bright looking at the current status . Bitcoin hiking from 4000$ to nearly 8000$ in just 1 and a half month is unbelievable . Seeing the growth , we can easily say that the market is going to last. Also, this hiking has come without the government recognition .
Hard to say about any changes that can make bitcoin recognize to government . The increasing value will automatically bring the government towards this currency.
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November 18, 2017, 04:41:38 PM
 #51

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?

In the future maybe bitcoin will be used in all local markets, but government developers and bitcoin developers have a tough task to introduce bitcoin in the community first.
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November 18, 2017, 04:44:56 PM
 #52

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 bitcoin market seems to be bright looking at the current status . Bitcoin hiking from 4000$ to nearly 8000$ in just 1 and a half month is unbelievable . Seeing the growth , we can easily say that the market is going to last. Also, this hiking has come without the government recognition .
Hard to say about any changes that can make bitcoin recognize to government . The increasing value will automatically bring the government towards this currency.

Well this is the type of thinking that frightens me. Please don't be offended by what I'm saying, but I think it's wrong to think that bitcoin has a bright future ahead, because it's price has been "hiking from 4000$ to nearly 8000$ in just 1 and a half month". This is bubble behaviour, and it could mean the end of bitcoin. Bitcoin has a great future, because it has real value, other than the rise in it's price. Don't follow the "Greater Fool" theory, assuming that you can buy bitcoin now, just to be able to sell it at a higher price for someone else in the future. This would mean bitcoin is just a speculative asset and nothing else. If this was true, and people start selling bitcoin, everyone would keep on selling, because if the price was decreasing, then bitcoin would have no value for them.

Bitcoin has a future because it's revolutionizing the financial world. Is being seen as an alternative to banks. We don't need to only rely on them to keep our money safe. We have control over our own money with bitcoin. We don't need the middle man, and since it's not linked to any particular country or group, we are safe from governments as well, and hyperinflation.

Bitcoin has a great future, only if people manage to understand it, and don't get bind by greed, or the possibility os a fast profit.

bubblebit
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November 18, 2017, 04:51:29 PM
 #53

what do you think will be the future of this market?
The market that bitcoin belong and other currency is much more profitable and the future is much brighter every year that passed. Why? Because we were tired of empty promises, corruptions, manipulation, oppression by the government and the private business sectors/bankers/corrupt experts of thinking we are bunch of dogs that can be used by them.


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and what needs to change so governments will start to recognize it as a currency?
It needs a more trustworthy leader that is now happening in my country but not totally because not all politician that is corrupt is not in power but soon that it would be as clean as the water in mineral bottle. This regulation issue will not be a problem at all.
Shendy23
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November 18, 2017, 05:09:47 PM
 #54

I think here our country it is recognize as a currency because we can convert it to our country's currency for us to use it in any reason we have. If everyone will continue to recognize this currencies and if more people will have interest to this currency. This will be a big help for those who are investing to this coins.

sumanto
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November 18, 2017, 05:16:20 PM
 #55

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 in the market will be very easy to make payments because it has to use bitcoin which way pay only show address of wallet or just sekdar scan barcode then have paid.
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November 18, 2017, 06:24:20 PM
 #56

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?
Bitcoin can work without government recognition as we have seen since the beginning of the life of bitcoin, however I do not think we should expect that governments recognize bitcoin as a currency, they are going to recognize it as an asset but getting governments to acknowledge bitcoin as a currency is going to be a tougher battle since they want to avoid to do that at all costs.
jekjekman
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November 18, 2017, 07:49:04 PM
 #57

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?

Future of this currency is either make or break. Bitcoin may be accepted worldwide as a currency that will
eventually replace the current fiat system or it will eventually be banned by most of the nations and make
it extinct. Having the coin accepted worldwide is a long way as a matter of fact several countries has already
banned the use of crypto currency in their country and what do you expect them to do. Bitcoin is a
decentralize currency that contradicts what government wants to implement in their own nations.
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November 23, 2017, 05:59:27 PM
 #58

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.
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November 23, 2017, 06:40:33 PM
 #59

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.
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November 23, 2017, 07:49:26 PM
 #60

the uncertainity of the market is what keeps it from legalization. But as soon as people will be more attracted to this market it s future will have two options : to be the highest gainer or to open up a new crisis. There is no middle
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