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Author Topic: Where will BTC be 10 years from now?  (Read 1721 times)
amaral1977 (OP)
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November 07, 2017, 09:37:29 PM
Last edit: November 07, 2017, 10:04:59 PM by amaral1977
 #1

10 years ago Forbes magazine was prasing Nokia boss for it´s billion customers.
Now where is Nokia? maybe some 18y/o guy who trades BTC doesn´t even know what Nokia is...
So will BTC be anywhere 10 years from now? or would it have been replaced for something better and more inovative?

Forbes cover:
https://imgur.com/a/A2Bqr

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salihno71
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November 07, 2017, 09:47:27 PM
 #2

On one of the two possible places:
1. Valued over 100k$, widely used, low fees, transaction confirmed in seconds
2. Historically known as largest crash in last 10 years, eventually replaced by some other more advanced coin.
djselery
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November 07, 2017, 09:56:43 PM
 #3

We cant predict exactly where will BTC be after 10 years, but we can expect that it will be surely more popular and more valuable than its actual statut. Also more countries will legalize it and more marketplaces both online and offline will support it as a payment method.
mangenta
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November 07, 2017, 09:58:17 PM
 #4

i hope by this period mention i would  have own a private jet from btc investment .
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November 07, 2017, 10:00:42 PM
 #5

We cannot tell what will happen tomorrow in this crypto world. Because the price of each and every coins are largely depended on rumors and predictions. Everyone in this crypto community hopes that its price will cross 50000 dollars in next 10 years. But as I said we cannot tell anything. If tomorrow a cryptocurrency with better specifications and features than bitcoin arrive in market, it can overtake bitcoin's position leading to its price crash.
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November 07, 2017, 10:11:33 PM
 #6

10 years ago Forbes magazine was prasing Nokia boss for it´s billion customers.
Now where is Nokia? maybe some 18y/o guy who trades BTC doesn´t even know what Nokia is...
So will BTC be anywhere 10 years from now? or would it have been replaced for something better and more inovative?

Forbes cover:
https://imgur.com/a/A2Bqr
In my opinion Bitcoin will continue to grow from strength to strength and in the next 10 years Bitcoin should be at the rate of  $30,000 worth. And it will need serious technology advancement for any other altcoins to replace Bitcoin or over take Bitcoin in terms of market capitalisation and value.

bubblebit
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November 07, 2017, 10:29:28 PM
 #7

10 years there are lots of possibilities that even Nakamoto will not know or predict it. Bitcoin price will increase that’s is given but to what this cryptocurrency be like in the eye of the society is a different society on every country. But if things goes well for succeeding years, to be one of the major or alternative currency in the world we do have much more than a decade but few more of it. I’ll go with bitcoin everywhere it goes and support it more than any cryptocurrency coin that will be made soon.
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November 07, 2017, 10:33:11 PM
 #8

Well I can predict that in 10 years Bitcoin will certainly be worth more than it was 10 years ago. Even if it crashes or get supplanted by another coin it will most likely never go back to 0.

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November 07, 2017, 10:39:03 PM
 #9

Hopefully, we will have addressed some of the issues with Bitcoin and started to make waves in adoption. Hopefully, Bitcoin will continue to get much easier to access and we will have more documentation on the subject to support new investors into the currency.

I'm not going to make any price predictions, but I think we'll be seeing the price being at it's highest point in history.
martina14
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November 07, 2017, 10:42:12 PM
 #10

bitcoin will still be on my wallet after 10 years ! like what you said nokia before wasthte monster in terms of cellphone and now its gone !
bitcoin is like nokia but will never be at the same boat after a long run! bitcoin will evolve no just like android nor ios ! bitcoin is a complete package thaqt has both processor !

Hydrogen
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November 07, 2017, 10:42:37 PM
 #11

If bitcoin and its success can be defined as a net sum of the financial problems it solves: limited versus infinite supply, trust versus non trust based systems, lower bar to entry to consumers et al. Its success could continue until another technology comes along which solves those financial problems in a better fashion.

One of the key issues allowing bitcoin's success is the industry wide stagnation, lack of innovation and development present in the banking industry. These circumstances led to a vacuum being created which bitcoin was able to fill. Now that blockchain is everywhere, bitcoin is like a mousetrap. It will reign supreme until someone succeeds in designing and building a better mousetrap. How long that might take is anyone's guess.

10 years is a long time in today's world. As someone stated earlier nokia and other corporate giants can rise and fall within that timeframe. Within 10 years both the united states and the european union could easily default on their debt and collapse taking the dollar and euro with them. I would like to be optimistic and say that bitcoin will replace gold and serve as a reserve currency eventually on the road to reaching $1 million usd per btc. Not because I'm holding a lot of bitcoins and will benefit largely from this but because bitcoin is probably the best designed and most reliable financial system that has ever been created and that value will be the biggest thing people look for if the USA and EU run into financial difficulties which appears almost inevitable at this point.
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November 07, 2017, 10:48:25 PM
 #12

It is impossible to know that mate, nobody can predict what is going to happen with bitcoin in some years because it is impossible, there is no way because we dont have a crystal ball in order to be able to predict the price. but it will solve a lot of problems in a near future, and i am sure about that, bitcoin has a lot of potential but the real governments are not seeing that, and this is a real problem and it needs to be solved asap.
Governments and financial institutions can still make profit from bitcoin, i dont know why they are not doing it at the moment, instead of spreading fud..
swaptaker
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November 07, 2017, 10:50:29 PM
 #13

10 years ago Forbes magazine was prasing Nokia boss for it´s billion customers.
Now where is Nokia? maybe some 18y/o guy who trades BTC doesn´t even know what Nokia is...
So will BTC be anywhere 10 years from now? or would it have been replaced for something better and more inovative?

Forbes cover:
https://imgur.com/a/A2Bqr

It's gonna be around $120.000 and people won't be able to buy it via fiat money because of this incredible price. USA and Russial will probably announce the acceptance for bitcoin legally.

We'll be able to use it for daily spendings.
Kidmat
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November 07, 2017, 10:50:58 PM
 #14

There will be more things will happen in bitcoin 10 years from now. Actually more prediction on what might gonna happen, maybe price would reach double or triple than the price now in the upcoming years. For sure, there will be more development will arise 10 years from now.
giveen
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November 07, 2017, 10:52:05 PM
 #15

On one of the two possible places:
1. Valued over 100k$, widely used, low fees, transaction confirmed in seconds
2. Historically known as largest crash in last 10 years, eventually replaced by some other more advanced coin.
Lol you dreaming increase in price of btc has always caused a significant increase in fees. The average fees has always been around 0.001 for most of the transactions and as price becomes $100k (god knows how you speculated that) the fees in dollars will have a huge impact.

Hopefully, we will have addressed some of the issues with Bitcoin and started to make waves in adoption. Hopefully, Bitcoin will continue to get much easier to access and we will have more documentation on the subject to support new investors into the currency.
This adoption will always remain a dream even in future we can't really expect the price but I'm sure it will be more than the current one and as price increases so does fees accordingly many will rather just save their btc instead of spending it on pizzas  Roll Eyes

Quote
So will BTC be anywhere 10 years from now? or would it have been replaced for something better and more inovative?
There are coins which are mire innovative and more efficient than btc but the only problem is the domination of btc majority of investors surely don't care about adoption of btc.
I see neo replacing btc in future Shocked

There will be more things will happen in bitcoin 10 years from now. Actually more prediction on what might gonna happen, maybe price would reach double or triple than the price now in the upcoming years. For sure, there will be more development will arise 10 years from now.
Development in btc LMAO it's not possible to quite a extent because there is no official representative from btc. If development could have been taken place you would see it being used in supermarkets and hypermarkets.
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November 07, 2017, 11:17:29 PM
 #16

10 years ago Forbes magazine was prasing Nokia boss for it´s billion customers.
Now where is Nokia? maybe some 18y/o guy who trades BTC doesn´t even know what Nokia is...
So will BTC be anywhere 10 years from now? or would it have been replaced for something better and more inovative?

Forbes cover:
https://imgur.com/a/A2Bqr

Actually, none of us can't tell us here what the exactly will be happen in 10 years from now. All the the members in this forum can only give an opinion and assessment base on their understanding. But still in the end still no basis, though bitcoin for now can't be deny that its really trend in the entire world.
lienfaye
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November 07, 2017, 11:19:40 PM
 #17

10 years ago Forbes magazine was prasing Nokia boss for it´s billion customers.
Now where is Nokia? maybe some 18y/o guy who trades BTC doesn´t even know what Nokia is...
So will BTC be anywhere 10 years from now? or would it have been replaced for something better and more inovative?

Forbes cover:
https://imgur.com/a/A2Bqr

Many predictions has been said and there is no solid proof to back up their statements and it depends on several aspects.

The market cup of bitcoin is 21 million and the demand in the future will increase so probably it will stay for 10 years or more.

Many altcoins have been released but it didnt stop btc to be on top.

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November 07, 2017, 11:43:27 PM
 #18

If Banks does not decide take down Bitcoin because is their direct competitor and threat, Bitcoin can reach $ 75.000 mark. I can't think at this moment it could go higher. I heard from few people that are investors on the stock market that if BTC grows too big Banks will do something about it. I find this hard to believe.
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November 07, 2017, 11:50:27 PM
 #19

On one of the two possible places:
1. Valued over 100k$, widely used, low fees, transaction confirmed in seconds
2. Historically known as largest crash in last 10 years, eventually replaced by some other more advanced coin.

I agree. I belive in bitcoin and cryptocurrencies but the crypto world is unpredictable. The idea behind bitcoin is brilliant, but there are various factors that may harm or soar BTC (people, governments, forks etc).

orions.belt19
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November 07, 2017, 11:52:42 PM
 #20

On one of the two possible places:
1. Valued over 100k$, widely used, low fees, transaction confirmed in seconds
2. Historically known as largest crash in last 10 years, eventually replaced by some other more advanced coin.

These two kinds of future would ultimately depend on its users. If the bitcoin holders and users would choose to continue to use it, then number 1 would most likely to occur. However if people choose to dump or countries chose to ban, then the demand would fall and number two may occur. In my head, those 2 kind of results may likely happen. It’s hard to tell because even just a few years from now, a lot can change and happen with bitcoin. For all we know, these things might happen by tomorrow.
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