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Author Topic: Future of bitcoins  (Read 4016 times)
Vaculin
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October 28, 2017, 11:52:38 PM
 #81

The future outlook of bitcoin is very promising going by the acceptance of the cryptocurrency by people globally.
Everyday more peoples, companies, schools, restaurants e.t.c have started adopting bitcoin as a means of payment this will limit the involvement of banks in transaction of the bitcoin.
Banks being third party will not be involved and as such no tax or any fee will be deducted by the banks apart from transaction fee.
I agree.Bitcoin will definitely have a bright future since it started with a very promising potential.And now more and more companies and institutions are gradually accepting bitcoin as their mode of payment.Maybe in the next year some banks will be encouraged also in adopting bitcoin since a lot of people already are using bitcoin in their daily transactions.
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October 29, 2017, 02:48:47 AM
 #82

I think.that the future bitcoin, is that it will ba accpeted by a lot of people and will be legalized by all governments and will be recognized as a new currency, i think as of now, we have to consider the age and the knowledge of the people who are on the top of the governments, since ghey make the decision and are always preoccupied by a lot of things, they tend to ignore oppprtunities like bitcoin, if if the ruling body will be a part of our generation and is equipped wiy the right knowledge,  there is no doubt that bitcoin will soon replace fiat, and in time, we will hear supporters of bitcoin from governments, we just need to allow some time for it to happen, because whether we like it or not, bitcoin is the future.
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October 29, 2017, 03:54:00 AM
 #83

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?
I think bitcoin, is a virtual currency and quickly transacts in all countries.
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October 29, 2017, 04:35:59 AM
 #84

Its still uncertain at this point on time.
Because of its current status that it has
A lot of critics and the government's is questioning
The bitcoin cause its decentralized.
Its still on the people if they still trade with bitcoin
But im pretty sure bitcoin will continue to rise even more.

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October 29, 2017, 04:38:09 AM
 #85

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?
I think bitcoin, is a virtual currency and quickly transacts in all countries.

if I think it's a bit difficult if the banks accept bitcoin exchange.
because to my knowledge there are still many countries that have not received the full bitcoin, and the bitcoin is still illegal.
although bitcoin can help us in the economy, but according to the governments that bitcoin is very risky and no one is responsible other than our own.

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novhitadaloma
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October 29, 2017, 04:49:30 AM
 #86

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 has become famous in the eyes of the world, as a legitimate payment and later all people no longer use money to transact, just use bitcoin in my opinion.
Vannie12
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October 29, 2017, 05:03:49 AM
 #87

In the near future maybe bitcoin is one of the reason why the economy of our country increases, it's really possible to happen in the future coz bitcoin had a great responsible did for each and every individual though it has disadvantages still we can see the side that bitcoin really helps even in small amount to overcome the leading issue which is poverty. And in the near future many of us will still patriotizing it coz bitcoin value as of now is continue to increase.
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October 29, 2017, 05:26:45 AM
 #88

I think with the development of the world of cryptocurrency, banks may open a transaction through bitcoin and exchange bitcoin to the currency, I have hope by redeeming bitcoin not charged a high fee
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October 29, 2017, 05:41:23 AM
 #89

I think with the development of the world of cryptocurrency, banks may open a transaction through bitcoin and exchange bitcoin to the currency, I have hope by redeeming bitcoin not charged a high fee
hoping that the government will accept bitcoin, and focus on developing bitcoin in the future. Well, for now, very few do that, and only the industry does it. Hopefully, in the future, bitcoin will become more popular and growing

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haroldtee
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October 29, 2017, 05:44:28 AM
 #90

How will the 2X fork effect BTC's future?

At this point, we don't even know which chain a lot of exchanges will apply the BTC ticker too.

I can see this getting very confusing for people, especially new people. For example, if Coinbase labels 2x chain BTC and another exchange labels the original chain BTC, how on earth will people know they are buying actual BTC? What kind of impact will this have on the value of BTC too?
You should not stress yourself out much on that, cause it is getting obvious how the whole thing will end up playing out. Support has really dropped for B2X and will keep dropping before the fork.

Developers never supported it, most members of the community who first did have now realised why they should not and most exchanges have started dropping their support as well, which is to say these guys are drifted to where the community wants them to drift to.

The short story is that, B2X will happen like just another normal fork, which people won't pay much attention to and obviously it would be listed as B2X cause no exchange will want to jeopardise supporting a coin with no support and listing it as BTC when obviously consensus already chose B2X.

If you are worried about greedy miners switching to this coin, it is just a matter of time before they ended up realising that they can't switch to a coin with no support, usage and hence, no profit and then they are back. If they probably thought they can fool us to allow them and NYA to centralise the system, then they are bigger fools.
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October 29, 2017, 05:49:29 AM
 #91

Yes, Bitcoin has a bright future regarding saving and investment. Since Bitcoin is a decentralized currency along with Bitcoin is a profitable platform for making a profit in a strategic way. Day by day Bitcoin is becoming a popular system for the purpose of Business and transaction. It is predictable that Digital money will replace the paper money in the future so that Bitcoin will play the most vital role in this system. that is why we can assume that Bitcoin will be the global currency in the future.



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October 29, 2017, 06:00:27 AM
 #92

In my country there is no such possibility. You can not pay Bitcoin at all. A Bitcoin exchange for money would be helpful.
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October 29, 2017, 06:04:56 AM
 #93

Yes, Bitcoin has a bright future regarding saving and investment. Since Bitcoin is a decentralized currency along with Bitcoin is a profitable platform for making a profit in a strategic way. Day by day Bitcoin is becoming a popular system for the purpose of Business and transaction. It is predictable that Digital money will replace the paper money in the future so that Bitcoin will play the most vital role in this system. that is why we can assume that Bitcoin will be the global currency in the future.




yes, bitcoin is a lot of benefits than other job's salary, and i think bitcoin has a more bright future for those who are join this forum and specially for bitcoin because its price is going to more grow up and many people make a lot of bitcoin and also invest in bitcoin.

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October 29, 2017, 06:09:13 AM
 #94

In my country there is no such possibility. You can not pay Bitcoin at all. A Bitcoin exchange for money would be helpful.

Is there any slight chances that you can still cash out using your banks? If then you can still use bitcoin or trade it somewhere, and then your profits will be cashed out immediately by those banks out there near you, but if it's not the case then you don't have other choice than hold it and abide your law.

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October 29, 2017, 06:14:34 AM
 #95

Yes, Bitcoin has a bright future regarding saving and investment. Since Bitcoin is a decentralized currency along with Bitcoin is a profitable platform for making a profit in a strategic way. Day by day Bitcoin is becoming a popular system for the purpose of Business and transaction. It is predictable that Digital money will replace the paper money in the future so that Bitcoin will play the most vital role in this system. that is why we can assume that Bitcoin will be the global currency in the future.




Yes bitcoin is a financial system that now has many advantages. The digital system has become part of what many people are interested in. In this era of increasing technology then bitcoin can be a necessity because of the ease and speed in doing every transaction. Bitcoin can be a conventional currency companion today. Bitcoin can begin to be aligned with real currency in the world like dollars and euro.  
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October 29, 2017, 06:19:49 AM
 #96

If you look at the graph of bitcoin price developments against the increasingly higher USD here, I think that the future bitcoin will still exist and can even have a very expensive price.
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October 29, 2017, 06:27:08 AM
 #97

Yes, Bitcoin has a bright future regarding saving and investment. Since Bitcoin is a decentralized currency along with Bitcoin is a profitable platform for making a profit in a strategic way. Day by day Bitcoin is becoming a popular system for the purpose of Business and transaction. It is predictable that Digital money will replace the paper money in the future so that Bitcoin will play the most vital role in this system. that is why we can assume that Bitcoin will be the global currency in the future.




Yes bitcoin is a financial system that now has many advantages. The digital system has become part of what many people are interested in. In this era of increasing technology then bitcoin can be a necessity because of the ease and speed in doing every transaction. Bitcoin can be a conventional currency companion today. Bitcoin can begin to be aligned with real currency in the world like dollars and euro.  

Correct, many has considered bitcoin to be the future of the financial systems. And even the underlying technologies behind it, blockchain as already a lot of used including banking system. Although they feel threaten by bitcoin, its not the case though. Bitcoin has no intention to replaced or even disrupt them. I don't know where is that idea came from. Nevertheless, bitcoin will continue to soar and the future really looks bright that everyone has to jump and join the revolution. And it may very well be the next currency along side US dollar or Euro.
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October 29, 2017, 07:13:06 AM
 #98

The future of bitcoins is that bitcoin is really growing among the people, Organizations,Business firms etc everywhere around the world with the lightening speed. And there will be a day where the bitcoin would be considered as the world no 1 currency which would be accepted by all the countries of the world for doing every single transactions.I am expecting the bitcoin would be started as part of Education in schools,practical implement in business . Well have a positive attitude in and expect a good future for bitcoins and then plan and take actions according to that.

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October 29, 2017, 07:34:14 AM
 #99

The future of bitcoins is that bitcoin is really growing among the people, Organizations,Business firms etc everywhere around the world with the lightening speed. And there will be a day where the bitcoin would be considered as the world no 1 currency which would be accepted by all the countries of the world for doing every single transactions.I am expecting the bitcoin would be started as part of Education in schools,practical implement in business . Well have a positive attitude in and expect a good future for bitcoins and then plan and take actions according to that.

Yes, I also hope that. With the benefit of Bitcoin for the world, I think it will change the payment method of people. In the future, people and enterprises around the world can trade and transactions 24/24 not depend on Bank.
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October 29, 2017, 07:43:13 AM
 #100

Bitcoin has created the revolution of financial requirement to be fulfilled according to the people convenient that's why each and every country afraid that in future they are forced to change as per the cryptocurrency's advantages and benefit to its consumers. Bitcoin is only option of the world people to accept it as day by day bitcoin awareness is increasing. Bitcoin is accepted by universities fees and malls few retailers hope in future maximum retailers will accept and our day to day transaction will be in bitcoin itself. 

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