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Author Topic: Where will BTC be 10 years from now?  (Read 1774 times)
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November 07, 2017, 11:59:04 PM
 #21

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

10 years from now? Who knows if bitcoin will be the same with Nokia, there's no permanent in this world but only the innovation and satisfaction of people. Everyone does have their own taste on what to support and what to buy but what do you think about real estates and stock markets? They aren't forgotten and bitcoin can stay for a little bit long without any range of time as many are treating it now as solely an investment. But time will come that it will be upgraded and will make it more innovative but it won't be replaced.

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BlackBi88
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November 07, 2017, 11:59:24 PM
 #22

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

I think Bitcoin will be popular in the world over the next 10 years, replacing offline currency and becoming a popular payment method in everywhere like the Visa at the moment. Bitcoin is the future of money and finance!  Grin
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November 08, 2017, 12:46:21 AM
 #23

For me we can't tell what exactly it will be. But as bitcoin helped us, we used it for our business specially in our wants and needs. It is possible that there will other cryptocurrency that can oppose to these. But it is possible also that its effectiveness or its usage will continue and improve in the future.

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November 08, 2017, 01:40:29 AM
 #24

Based on pace of growth, it is likely that the government will try to impose their will over it. All of the know rich bitcoiners will be targeted and even plebs. Thus this resulting to civil war
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November 08, 2017, 01:55:52 AM
 #25

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.
You forgot to add that there will be a lot of forked coins. If number 2 happens how much do you guys think would the price go down to?

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.
Don't worry about the fees because changes can happen if it is really needed like the recent increment on the block size. Also there are days that the network isn't much busy and paying for the recommended fee is just an option.

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November 08, 2017, 02:27:29 AM
 #26

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
Satoshi himself saw this, he thought that bitcoin will be worth a fortune or nothing, there is not a middle ground with bitcoin is an all or nothing kind of proposition, so bitcoin is going to be worth zero dollars or more than 100k in that time span, I believe like many people in the forum that bitcoin is going to reach the second outcome in which it is very valuable.
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November 08, 2017, 03:13:21 AM
 #27

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

Nokia is a cellular phone brand that is being used by everyone before but due to some trend that they did not follow they are out in the market. Bitcoin is very different from nokia, bitcoin is not a cellular phone that needs an update all the time. Bitcoin only needs a supporter or investor, internet as well.

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November 08, 2017, 03:15:53 AM
 #28

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

I think BTC will continue to reach new levels every year but federal govts may not accept it as a form of currency officially.
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November 08, 2017, 04:03:20 AM
 #29


May be Nokia is something different that doesn’t fit in the criteria where bitcoin is giving us shit lot money. So thats obvious to forget about the Nokia at first glance. Lolz.


Bitcoin will grow but its growth will be steady after few years because most of the bitcoin harvest will be limited and the prices could be 50K and above. Because the prices are going to be skyrocketed that much then there is possibility that people will have hard time buying the bitcoin so investors input would be very slow leading to slow growth. In such cases we will use bitcoin as money farm, just to keep our money and raise it slowly. It will be safest place to keep the long earned money and then slowly earn back more. May be this kind of situation could happen. :-)

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November 08, 2017, 04:34:56 AM
 #30

Bitcoin after 10 years from now will become so powerful because it will be adopted by the different countries and also most of the people will put their money in bitcoin because of the possibility to earn a lot of money. 10 years from now bitcoin will become a very well known and the most successful investment that only some of the people believed and invested.
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November 08, 2017, 04:42:19 AM
 #31

bitcoin popularity eventually is raging, i am very positive that few more years Bitcoin will be known to all people. Bitcoin will possibly everywhere i mean in every countries billboard, tarpaulin, because i really do believe that 10 or more years bitcoin will be known as the world Crypto/Digital currency that serves as for payment in every merchants, transactions so forth an so on, or can be use for paying in transportation. 10 years is good enough to make the foundation of Bitcoin be better throughout the entire World.
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November 08, 2017, 04:47:27 AM
 #32

I’m very optimistic about the future of bitcoin and i believe that bitcoin will continue to soar higher in the next 10years. The demand for bitcoin will continue to increase and by this the price of it will increase also and many people will benefit on this progress.
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November 08, 2017, 05:06:51 AM
 #33

For me,as long as bitcoin can be still as popular as it can be it will still be running for a long time and can still provide something for the people.It will be as useful as it can be.

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November 08, 2017, 05:47:35 AM
 #34

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

There is always two possible scenarios, one is bright and the other is dark. It all depends on the the people, if people will keep on supporting bitcoin there is no way bitcoin will go dump. And in contrary, once people keep themselves away from Bitcoin, bitcoin will surely be gone. Nokia does not reach success because they become stagnant, the features were not developed and new advanced and developed technology was discovered. The same way will happen if bitcoin will not be developed. Faster transaction and lower transaction fee must be provided before a new technology comes. But Im sure that bitcoin has a bright future, the technology was unique and already established. Lets just hope for a better future for it.

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November 08, 2017, 05:59:31 AM
Last edit: November 08, 2017, 07:35:28 AM by farhaan
 #35

Well,both are totally different.Nokia is a mobile company which once ruled the industry,but since it failed to realize that software field must be updated,it has lost its dominant position.But bitcoin is a digital currency and it has been designed by satoshi with all requirements needed to survive in the market.

It does need some updates like increasing block size and segwit activation has been done by the core team.Also,we could not see any big altcoin competitor to replace bitcoin and all altcoin prices solely rely on bitcoin price increase and decrease.
We could see big financial firms like CME entering the bitcoin market by releasing bitcoin futures and soon after that,thousands of new accounts in coinbase which shows that bitcoin is marching in positive track.Also,china has lost its dominance over bitcoin market and the only big threat has gone.

More probability is that after ten years,bitcoin price would go unimaginably high turning the fortunes of thousands of people bright.

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November 08, 2017, 06:00:09 AM
 #36

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

Im sure that bitcoin will not end up the same way as nokia. Bitcoin was already established and on the processes of development and advancement. To make bitcoin fail, new technology must be developed yo replaced it. But its hard to compete with tge technology behind bitcoin. Until there is no new one coming, people will continue to support. Once people were attracted there is ni way its value will not increase, it will also lead to development. Features such as low transaction fee and fast transaction should be work out to make it mire attractive to people.
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November 08, 2017, 06:01:21 AM
 #37

I hope that Bitcoin will powerful and popular from now. and I’m very optimistic about the future of bitcoin. now it is price is $7000 up after 10 years it will be  more valuable and more powerful and more popular.

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November 08, 2017, 06:23:45 AM
 #38

From now after 10years surely bitcoin can be seen above the value of $25000. 2020 has been a major year in the history of bitcoin. Hope the same will continue as bitcoin along with other digital currencies too were getting usage around in a much longer scale than the past leading to growth.

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Ashutosh_Tiwari
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November 08, 2017, 06:48:49 AM
 #39

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
I think from the watching the success of the crypto currency in today's market it will be unpredictable which shows that how crypto world has changed the world by improving the market conditions of some of the countries such as japan i think its future is very very bright and it will leads us to a better future.So let see where it leads us in future.
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November 08, 2017, 06:51:38 AM
 #40

We can't really compare the fault and failure of Nokia to btc as they are different in every aspects, uses and kind.

Nokia's downfall due to the fact that they failed to bring their smartphones to transition of advancements in terms of software and hardware that's why their competitors like Iphone and Samsung beat them in marketing strategy and up sales, They adapt they phones in android innovative varieties. Who failed? its the owner and the marketing strategist of Nokia.

Now to the comparison to bitcoin, they have both their own competitors and both leading in their fields (Nokia in the past) but the ultimate difference for the both of them is the one who decide and control. Nokia have a owners and stock holders but bitcoin has no single entity owner, the decision and the price of it is based on the people who holds and mine it. It is open to the public to the point that anyone can make their own versions of fork. that's why bitcoin is still successful its because of the minds of the community who still supports it.

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