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Author Topic: Future of bitcoins  (Read 4068 times)
MWesterweele
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October 25, 2017, 01:32:40 PM
 #41

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.
I see a brighter future of bitcoin in 2-3 years from now. Although bitcoin today was not that very popular and other country are tend to not accept it I still believe that someday bitcoin will make a noise in a world market. I think if many country accept bitcoin its value will be raised high more than its value today. And its true that the future of bitcoin is depend on the people who are using it today, depend on many people that using it and when the society accept it, it is not impossible that the government of the country would become considerate about bitcoin.

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sindikat
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October 25, 2017, 01:32:51 PM
 #42

I hope that in the future we will not need to exchange bitcoin for Fiat. We will be able to buy goods directly with bitcoin. Why do we need banks? That's the problem. Banks understand this and therefore they, together with the governments don't want bitcoin became popular. I'm sure that in the case of the legalization they come up with conditions under which it is not profitable to use bitcoin legally.
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October 25, 2017, 01:48:15 PM
 #43

I hope that in the future we will not need to exchange bitcoin for Fiat. We will be able to buy goods directly with bitcoin. Why do we need banks? That's the problem. Banks understand this and therefore they, together with the governments don't want bitcoin became popular. I'm sure that in the case of the legalization they come up with conditions under which it is not profitable to use bitcoin legally.
I'm also looking forward too that someday we will gonna use bitcoin to pay bills either in restaurants, fast food chains, grocery stores or even in paying a fare in public vehicles. I am looking forward for the future of a bitcoin that it would be accepted by a society or in our country or in other countries. Bitcoin will be more popular and will become popular if it is already legalized by many countries, and if its already accepted by society.
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October 25, 2017, 01:49:13 PM
 #44

Dear Sir / Mdm

it may happen, because anything can happen in this world let alone just buy bitcoin in the bank.
CMIIW Thank You Wink
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October 25, 2017, 01:56:18 PM
 #45

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 it could, if the government can accept bitcoin in the country. So the government can make regulations for their local banks to accept bitcoin.

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October 25, 2017, 02:16:28 PM
 #46

I will say simple that bitcoin has a bright future and today we invest in this currency we can rich in the future therefore it is golden chance for us to purchase the bitcoin today. The people who wants to trade these currencies they are millionaire and they are still investing in these coins. Now even they are also investing in other alternate crypto currencies because that knows that if these currencies become expensive they will get the high prices on these investment.

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October 25, 2017, 03:23:02 PM
 #47

Many things will change Future, almost every country can legality for using bitcoin, And People can use bitcoin With bank, And the main things is bitcoin price reach 10000$
So if we hold bitcoin few years we can success in our future, I see our future are bright if we hold this Smiley

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October 25, 2017, 08:17:33 PM
 #48

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.

I believe the future would certainly look brighter than it is right now if there weren't so many governments, financial institutions and financial regulators so vehemently anti-bitcoin.  It has increased dramatically with these headwinds, imagine how much it might increase if it had broad, widespread support and acceptance by these institutions instead of this consistent vilification that we continue to see.
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October 25, 2017, 08:33:07 PM
 #49

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.
Exactly. this is what I'm talking about we don't need bank we can build our own system to exchange the bitcoin, there are a lot of bitcoin exchangers out there I think we only need time until the exchanger opens their service in countries where there is no such service before, I'm just thinking that the bank will take interest more than the exchanger take, hoping what I think is wrong.
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October 27, 2017, 10:51:26 AM
 #50

I will say simple that bitcoin has a bright future and today we invest in this currency we can rich in the future therefore it is golden chance for us to purchase the bitcoin today. The people who wants to trade these currencies they are millionaire and they are still investing in these coins. Now even they are also investing in other alternate crypto currencies because that knows that if these currencies become expensive they will get the high prices on these investment.
I don’t think so that bitcoin needs help of someone country, society, organization, institution etc. for succession in future because bitcoin is decentralized digital currency and no any government or a person can get access to bitcoin system to intervene in it. 

So don’t worry about bitcoin future because the continuity in the increase of bitcoin price is a great proof of succession of bitcoin in future. Invest in bitcoin today and make bright your future tomorrow.
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October 27, 2017, 11:21:19 AM
 #51

I do not know how strong bitcoin will be able to enter the world turnover, but the fact that bitcoin will be one of the major currencies in the near future is more than real. its in the world. I think that there is a future for the bitcoin, and, perhaps, one day the whole world will completely switch to bitcoin.
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October 27, 2017, 11:31:29 AM
 #52

I think bitcoin is power in future.Government  has rules and regulations on depends all banks.When more merchants is used by bitcoin ,then the gov will not stop[ bitcoin.Because tax and revenue are increase of the countries.so future of bitcoins are bright.
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October 28, 2017, 12:57:21 PM
 #53

Cryptocurrencies can better adapt to the prevalent challenges of both funding and the emerging digital economy in addition to being a way to engage communities through P2P tech and crowdfunding platforms. There are over 2 billion people without access to the financial economy and even basics of modern civilization.
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October 28, 2017, 02:32:56 PM
 #54

Maybe I think the bitcoin in the future will be better known to many more people and the price will be very high. And probably almost all countries will legalize bitcoin. If that happens maybe bitcoin in the future will also be a Source of economy and source of work. Because of how to manage it is also simple and relaxed. We can also use it anytime and anywhere.
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October 28, 2017, 02:39:16 PM
 #55

The future of bitcoin in banks is totally dependent on government's decision on its legalization . The bitcoin can highly affect the fiat currency i.e why it is hard to say that bitcoin will be used for transactions by banks .  Moreover , the anonymity of bitcoin makes it more difficult to be accepted by banks as banks need to have full detail about the transaction which cannot be traced in the case of bitcoin exchange.

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October 28, 2017, 02:51:19 PM
 #56

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've read a website that discusses the bank that received bitcoin if I am not wrong one of the banks named Barclays who are domiciled in the UK it was in the year 2015 ago. I do not know at this time the bank is still operating or not. but I see the future of bitcoin there will be many banks that accept bitcoin exchange. it proved that it would all come true. I myself expect bitcoin to immediately get a decent place in a country because bitcoin is indeed worthy to compete with the government's currency.
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October 28, 2017, 02:51:37 PM
 #57

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 became a virtual currency in the eyes of the world, so it's easier for people to make transactions even though no longer through the Bank.
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October 28, 2017, 02:55:34 PM
 #58

Bitcoin is getting stronger, with every fork it has, it leaves those that do not agree to the system and build a stronger community that has one thought and ideal.  Aside from that, bitcoin adoption will grow exponentially each year giving more demand to Bitcoin.  A country will regulate it but will make people trust Bitcoin.  I only see a good future for bitcoin once the scalability issue is 100% fixed.
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October 28, 2017, 03:02:03 PM
 #59

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?

We know that banks don't really appreciate the boom of cryptocurrency though they too are likely to delve in it without us knowing. But if crypto's popularity continues to rise, and more people will demand btc, i think banks will be forced to adopt crypto in any way. Though we don't really know how that will work out.

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October 28, 2017, 03:03:53 PM
 #60

I think that once a  small country adopts it the sky is not the limit.
All we need is to get a country to declare it as a currency, and then the other countries will have to follow, and bitcoin will switch from the point of being a digital asset, for being a digital currency.
Regulation on currencies is already known and much easier then on assets.
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