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Author Topic: what you think about bitcoin in like 5 years?  (Read 18117 times)
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October 14, 2017, 06:58:17 PM
 #541

I do sincerely believe that in five years Bitcoin maybe viewed as the new dollar and business around the world maybe conducted using Bitcoin as a medium of exchange. It will gain value also as it has more forks and other things of interest. MORE AND MORE MAINSTREAM MONEY and also money from financial institutions is coming into BITCOIN as well so this will inflate the price more I think. In general I am optimistic about the future of Bitcoin.

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October 14, 2017, 07:15:33 PM
 #542

Just realize - Capital Market is about 200 Trillions $ big. BTC capitalisation is only around 0.1 Trillion $ in actual prices and without a "lost" BTC correction. Today it is very young and small. After 5 years it will grow up and gain more power.

Hopefully within next 2-3 years we will reach market cap around 1-2 Trillions which will be only 1% comparing to Capital Market. After 5 years capitalisation could be around 5-6 Trillions. If it will be almost 90% mined the price is to be around 260-300k per BTC. 10 years - 1M?



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October 14, 2017, 07:17:24 PM
 #543

Something tells me it is always before the end of the year that makes a lot of impact.
Maybe holidays really does a good job into making people hold their money until that event.
Now that bitcoin have grown to this price maybe some people are thinking this is a good chance to make money before withdrawing in December to celebrate.
I think it can continue to be valuable as long as we are holding it.


I totally agree with you, it is definitely going to keep growing within the next five years if we all decides to hold it because it's getting popular by the day and  and if that persists and we keep holding then it's going to make us richer in five years and beyond as it's value grows.



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October 14, 2017, 07:19:42 PM
 #544

Just realize - Capital Market is about 200 Trillions $ big. BTC capitalisation is only around 0.1 Trillion $ in actual prices and without a "lost" BTC correction. Today it is very young and small. After 5 years it will grow up and gain more power.

Hopefully within next 2-3 years we will reach market cap around 1-2 Trillions which will be only 1% comparing to Capital Market. After 5 years capitalisation could be around 5-6 Trillions. If it will be almost 90% mined the price is to be around 260-300k per BTC. 10 years - 1M?

Good forecast. I would even say perfect. Bitcoin really has a lot of potential today. But if he becomes as popular as we want, I do not know. Everything is constantly changing and in the world of crypto currency it is very fast

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October 14, 2017, 07:30:36 PM
 #545

Just realize - Capital Market is about 200 Trillions $ big. BTC capitalisation is only around 0.1 Trillion $ in actual prices and without a "lost" BTC correction. Today it is very young and small. After 5 years it will grow up and gain more power.

Hopefully within next 2-3 years we will reach market cap around 1-2 Trillions which will be only 1% comparing to Capital Market. After 5 years capitalisation could be around 5-6 Trillions. If it will be almost 90% mined the price is to be around 260-300k per BTC. 10 years - 1M?

Good forecast. I would even say perfect. Bitcoin really has a lot of potential today. But if he becomes as popular as we want, I do not know. Everything is constantly changing and in the world of crypto currency it is very fast

Very soon using BTC will not need a pc or smartphone at all, for example just a very cheap emc or nfc etc compatible hw wallet with prepaid amount on it will boost acceptance and usage among people that are far from technologies. If the consumers, not only traders, will demand for BTC then price will rocket to the Mars, not only the Moon.



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October 15, 2017, 11:39:10 AM
 #546

Just realize - Capital Market is about 200 Trillions $ big. BTC capitalisation is only around 0.1 Trillion $ in actual prices and without a "lost" BTC correction. Today it is very young and small. After 5 years it will grow up and gain more power.

Hopefully within next 2-3 years we will reach market cap around 1-2 Trillions which will be only 1% comparing to Capital Market. After 5 years capitalisation could be around 5-6 Trillions. If it will be almost 90% mined the price is to be around 260-300k per BTC. 10 years - 1M?

Good forecast. I would even say perfect. Bitcoin really has a lot of potential today. But if he becomes as popular as we want, I do not know. Everything is constantly changing and in the world of crypto currency it is very fast

Very soon using BTC will not need a pc or smartphone at all, for example just a very cheap emc or nfc etc compatible hw wallet with prepaid amount on it will boost acceptance and usage among people that are far from technologies. If the consumers, not only traders, will demand for BTC then price will rocket to the Mars, not only the Moon.

There are also a lot of projects working towards payment methods for cryptos, I personally support ChangeBank (link in signature), but Centra, Polybius, Bankera, ... they're all working towards the same goal, which is total world adoption

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October 15, 2017, 11:50:47 AM
 #547

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I think the next 5 years bitcoin will certainly go up because of the history during these bitcoin prices continue to rise from year to year and it's surprising

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October 15, 2017, 11:53:22 AM
 #548

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I think that after 5 years bitcoin can still grow more, as you can see, the trend of bitcoin in the past year increased. More and more people are getting interested in bitcoin, so I think that bitcoin can still grow bigger in 5 years time.

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October 15, 2017, 11:59:50 AM
 #549

Five years are long in a cryptcurrency.
It may be replaced new technology, but I will hope MOON.

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October 15, 2017, 12:03:14 PM
 #550

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I think that after 5 years bitcoin can still grow more, as you can see, the trend of bitcoin in the past year increased. More and more people are getting interested in bitcoin, so I think that bitcoin can still grow bigger in 5 years time.
Certainly banks will adopt Bitcoin because of the increasing use of Bitcoin, which is likely to increase Bitcoin's value over the next five years, and may reach very high prices. I think the Bitcoin market in the near future will grow as the price is now $ 6000

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October 15, 2017, 12:06:19 PM
 #551

-price will be 10,000
-will conformed fast with small fee
-can exchange into cash or paypal easy
-Bank will support it
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October 15, 2017, 12:13:05 PM
 #552

I think in that time the price of bitcoin is really high and theres so popular country that recognized bitcoin knowledge and in transaction also,i think we need everything here in bitcoin like the earnings here so we have future here if we continue the cycle now and the trends or we retrieve the attention of other country that dont know bitcoin

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October 15, 2017, 12:38:13 PM
 #553

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I think that after 5 years bitcoin can still grow more, as you can see, the trend of bitcoin in the past year increased. More and more people are getting interested in bitcoin, so I think that bitcoin can still grow bigger in 5 years time.
Certainly banks will adopt Bitcoin because of the increasing use of Bitcoin, which is likely to increase Bitcoin's value over the next five years, and may reach very high prices. I think the Bitcoin market in the near future will grow as the price is now $ 6000

Banks will have to, otherwise they'll become obsolete. If they don't, it would be like the post office not adopting e-mail

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October 15, 2017, 01:33:43 PM
 #554

not sure what happened to bitcoin in 5 years ahead, because prediction is not always true. if hard fork rains fix bitcoin system, we pray for bitcoin to be better and the price goes up 300% from current price.

300% is a very moderate target, and that too in 5 years time. Compare that with the prediction made by John McAfee ($500,000 by 2020). But I guess your's is a more realistic target. We can't expect the Bitcoin prices to go up forever. At some point, it is going to hit the roof and stagnate. Or even, it can lose the competition to some other altcoin.
Government imposes the tax on the bitcoin holders or not. I believe it has been many years since bitcoin came into being and people started buying btc. Thing is that through some years, bitcoin’s price has grown up to the higher level of crypto. It looks like it will surely improve in next some years too.

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October 15, 2017, 01:46:50 PM
 #555

Bitcoin is going to be fantastic in 5 years. The price is going to be extremely high and it is going to be very hard to buy Bitcoin, which will make the price be  as high as it will be.


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plucking23
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October 15, 2017, 02:05:37 PM
 #556

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

btc in five years time I think for me will be successful. and might raise its value.
and days will come that people will be interested in it. but on the other side I can see that it can also cause something
out of it.
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October 16, 2017, 04:02:30 PM
 #557

If statistics regarding Bitcoin growth are correct, the Bitcoin userbase will have more than quadrupled. And this period of time is more than enough for another halving, so I would say Bitcoin will be worth more than 15 thousand dollars.
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October 16, 2017, 09:05:20 PM
 #558

I'm sure Bitcoin has a bright future, last year Bitcoin just reached $ 700 and if we look back further to 2 years ago it was only 200$. Now it reaches $ 5000 and yesterday's fall also make the price of Bitcoin is still higher than in previous years.

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October 16, 2017, 09:47:47 PM
 #559

Bitcoin can grow and its development makes it easier for people to use it so it becomes more easily to  be accepted by the mass. so if Bitcoin development stays with it then its value will also increase. so in 5 years I think it’ll be more useful for more users.

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October 16, 2017, 09:57:31 PM
 #560

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much
for the next 5 years bitcoin will be increasingly known by many people and will be traded by many people too, but the price will be more stable and unlike now

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