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stayeduptolate
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October 20, 2017, 07:35:20 PM |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
Bitcoin is doing excellent on the commerce level. It has definitely grown through out the years. It’s popularity and usage is increasing day by day and it’s helping reduce unemployment and leading to a better economy. So in the future I think bitcoin can expand more and can do it on a much larger scale. There could be a time when bitcoin will be accepted everywhere and one can easily link your bitcoin account to your bank account like PayPal or Paytm. |
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7xminer
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October 20, 2017, 07:46:58 PM |
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I think that Bitcoin is a start of a movement to a unique coin around the world, a digital coin (like we see on the movies hehehe). Governments will regulate sooner or later because a lot of fiat transactions. They are just studying a way to do it. This dream to have something that Government does not control is a myth.
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sirslayer
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October 20, 2017, 07:56:59 PM |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
Well in my opinion in earlier days transition were also not so smooth and easy but now transitions are fast so simple bitcoin will be also exchange day by day bitcoin is trying to facilitate his users and now in some Europe countries bitcoin have a credit card as well so bitcoin is now one of the stable and strong currency in world and the future will be bright. |
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MabbeshBabu2
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October 20, 2017, 08:17:27 PM |
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Banks now are against Bitcoin and the government too. Government and Banks are together a union which wants fee and tax from their users and it is centralized but bitcoin is not like that it is decentralized. Government and banks regulations won't work with bitcoin. So obviously banks hate decentralized currency where they have less role to play if accepted. So no banks won't accept bitcoin in the future too. But bitcoin will be adopted more and more by users like us
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swogerino
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Leading Crypto Sports Betting & Casino Platform
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October 20, 2017, 08:22:48 PM |
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The future of bitcoins cannot be any brighter than it is right now. The price just passed 6000 dollars for the first time in history and surpassed all of our predictions which we predicted that the price would have been about 5000 dollars on December. Probably this was the best year of bitcoin so far as it increased in price since last November until now more than 9 times. I don't see any obstacle to bitcoin in the near and far away future.
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FrueGreads
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October 20, 2017, 08:41:16 PM |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
There are a lot of things that need to happen before that can be achieved. First governments need to regulate crypto of course, and that is already being done, then banks need to show interest in allowing users to trade bitcoin. Most banks don't really like crypto, but there are some that are recognizing it's value, simple because their customers as asking for it, so they will probably allow it. Then it comes the network scalability problem of course. If trades will directly happen with bitcoin, and not some version of shares or something like that, then the block chain will need to be able to thousands of transaction per second, and we don't have that yet. I do think this will be "easy" to solve, since we already have some coins that can do it, so if they can, bitcoin will be able to do it also. |
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FasTroy
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October 20, 2017, 09:46:09 PM |
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Banks now are against Bitcoin and the government too. Government and Banks are together a union which wants fee and tax from their users and it is centralized but bitcoin is not like that it is decentralized. Government and banks regulations won't work with bitcoin. So obviously banks hate decentralized currency where they have less role to play if accepted. So no banks won't accept bitcoin in the future too. But bitcoin will be adopted more and more by users like us
I agree with your point of view. I know that bank and governments hate, that people start using bitcoin, because of fees and taxes, which they are too low when you use bitcoin, also you are untrackable if you send or recieve bitcoin, so no one can track you. So when we talk about the future, I don't think that banks will accept bitcoin like an optional currency in the country. They don't like to lose their places. |
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bitalive
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October 25, 2017, 09:35:21 AM |
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Why do we need banks when we can exchange bitcoin ourselves, as we scale to lightning which in theory can handle thousands and thousands of transaction. In my opinion, banks may still exist but with lesser power and lesser authority and we may not actually need them anymore.
- true! |
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sicparvismagna
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Activity: 98
Merit: 10
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October 25, 2017, 09:40:32 AM |
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I don't think the future of bitcoin would be in jeopardy because if you read the articles and news in all over the country central banks are accepting and impending the regulations of the bitcoin in the economy meaning many banks are will most likely be investing on it or might be accepting as a payment or would be great if also collateral if you availing loans. I think it will depend upon the requirements and agreement of the government and central banks of the country. But as of now the future of the bitcoin is bright ahead.
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novhitadaloma
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October 25, 2017, 10:51:48 AM |
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all countries in the future transactions will use bitcoin, as the currency of an official country.
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doomistake
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October 25, 2017, 11:15:07 AM |
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The future of bitcoins cannot be any brighter than it is right now. The price just passed 6000 dollars for the first time in history and surpassed all of our predictions which we predicted that the price would have been about 5000 dollars on December. Probably this was the best year of bitcoin so far as it increased in price since last November until now more than 9 times. I don't see any obstacle to bitcoin in the near and far away future.
How come that you could said such thing like that? If bitcoin is shining bright right now, what more of it in the near future, I hope it does make sense to you. The prediction price of bitcoin this year is $10000 per bitcoin, and I believe on that, so, to ensure that I will have a bright future on bitcoin, I would keep on earning it and going to save more in my wallet and I would sell some when it reach $10000 before this year ends. Bitcoin will keep on surprising us every day that is going to pass by, way back then, bitcoin was just a trash and only few people appreciate it, but look at it right now, who knew that bitcoin will reached something like this high and I know that it will still rise above the sky. |
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Choyor
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October 25, 2017, 11:27:25 AM |
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In my opinion, the government will not allow the Bank to exchange Bitcoin, such as fiat money exchange, because it will disrupt the existing financial system that could disrupt the economic stability of a country, which happens in my country like that. where Bitcoin is still a debate.
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ChainSmoker
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October 25, 2017, 11:30:28 AM |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
Most banks treat bitcoin as their competition because bitcoin may decrease the use of Fiat in future so i think they won't allow exchange of fiat to bitcoin in banks.I think localbitcoins is and will be the best option for buying and selling bitcoins offline and and online we have many exchanges that regulate under government. |
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shezu007
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October 25, 2017, 11:39:15 AM |
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if we can judge the past and present history of bitcoin then we can see that bitcoin is famous very fast and the interest of people is also increasing day by day due to which alot of people are investing in bitcoin which cause the rate of bitcoin is increased very quickly and in future the bitcoin will become very famous in the whole world with a very high graph and with an excellent future rate.
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NEUROSEED
Member
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Activity: 112
Merit: 10
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October 25, 2017, 12:14:14 PM |
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Legalizing of cryptocurrencies is coming and I hope in 10 years we'll pay no fees for transactions.
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tranle789
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October 25, 2017, 12:19:49 PM |
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The future of Bitcoin is very potential because the world government is increasingly wanting to apply Bitcoin in its daily life and will certainly soon be legalizing Bitcoin in the future. I certainly think this will happen because Bitcoin's price has reached more than $ 6000 and we should believe Bitcoin
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gesdan
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October 25, 2017, 12:27:47 PM |
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bitcoin supply in the world just 21 Million and right now in this world bitcoin has mined around 17 Million, and the price still up what happen if its reached the maximum amount, i think the answer is bitcoin price is more stable than know and if bitcoin become popular than know and some people find bitcoin to buy bitcoin will have big price than now
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lili song
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October 25, 2017, 12:52:01 PM |
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Future of bitcoins will be good and many investors will invest in bitcoin. I hope in last year (2018) bitcoin can reach until $ 8,000.
I see my friend invest in bitcoin 3 years. His BTC increase amazing amount. So i want future like my friend.
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ibrohim
Member
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Activity: 81
Merit: 10
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October 25, 2017, 01:16:01 PM |
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I think the future of bitcoin depends on the user itself. if bitcoin is wide spread among people, especially merchant, it will be popular in terms of the usage such as, trading, investment, and so forth. then, the government will begin to accept bitcoin and legalized it as payment or even currency.
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TheGodFather
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October 25, 2017, 01:24:19 PM |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
The future of bitcoin depends on the people who are using it today. IF we can further bitcoin by sharing it to other people or raising the awareness of people to it. Then i believe that it is very possible for other countries to study and integrate it to their economy. |
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