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Author Topic: what is the future of virtual currency like bitcoin ?  (Read 4933 times)
petyang12
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March 11, 2018, 11:37:55 AM
 #21

I think the future of bitcoin will be defined in terms of banks and the establishment versus the world.

One one side, we have independence movements like #brexit, catalan independence and others who are dissatisfied and unhappy with the pro establishment status quo. Nations like iceland, hungary and others who borrowed money from the IMF during the economic crisis of 2008 then kicked the IMF out of their country after they realized the price of borrowing money from them was for them to interfere in their politics and infringe upon sovereign rights may also be considered affiliated.

On the other side we have organizations like the european union, IMF and central banks which represent an attempt to centralize and unify the entire world and its money supply under their own solitary rule.

I think independence movements like catalan and #brexit will eventually embrace bitcoin and crypto as it will give them independence from SWIFT and other banker financial networks while central banks be attempt to ban crypto and outlaw it. Of course they have other alternative plans such as having banks regulate crypto or buying up all of the exchanges as we have seen goldman recently buy out poloniex.

Who knows what the outcome will be but I think bitcoin's future could be defined in terms of this conflict.
bitcoin's future may be that goverment will support if it happens it will be an advantage to us.

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galkina
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March 11, 2018, 11:41:54 AM
 #22

We don't need to worry about bitcoin futures, yes that's what Satoshi might have thought while programming the whole thing and made such that we can be sure about its bright future. The bitcoins concept is anyway unique and there won't be any advance technology as good as bitcoin is or what we can say blockchain!

There is very less chance that banking sectors will accept the bticoin though it has many advantages which they can use it in the domestic and international transaction. The reason is bitcoin's unregulated environment which may not be entertained by them and regulating it would be hardcore task for government. So the future is bright the way it is today.

Yes, he has designed the system in a way that bitcoins will keep getting more popular. With each day passing by, it becomes difficult to mine any more coins. This means that the supply will decrease and the demand is already on the rise. This will keep pushing the prices up benefiting all the investors. Another important thing to note here is that the developer is not involved with the system now directly. Once the whole system is set up, it is running on its won with the help of investors and bitcoin miners. I will say that future of bitcoins looks very promising.

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March 11, 2018, 11:43:14 AM
 #23

hmmm the future currency i think is still bitcoin but it has potential to dead too, who know let's see what currency later

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March 11, 2018, 12:08:26 PM
 #24

hmmm the future currency i think is still bitcoin but it has potential to dead too, who know let's see what currency later

The future of bitcoin is very clear for me, it will go higher in the future. Yes, we cannot claim it yet but we must believe on it that’s the risk. We will see a lots of dumps but in the long run the only way is to move upward.

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March 11, 2018, 12:18:06 PM
 #25

Yes we can hope it will happen With better implementation and system. In this case, bitcoin has great potential to be developed and can be a promising investment like south korea which is already using it as a commodity futures. Regardless of the risk that may occur where no responsible authority and good things can at least help one's economy get better.
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March 11, 2018, 04:03:18 PM
 #26

No one knows, I mean we could go through some massive changes like the LN which allow Bitcoin to propel itself into the everyday world and then many people, companies, etc would be using bitcoin (or at least MORE people would be using it, increased adoption is what I'm getting at) Maybe we'll stay where we are now? Or maybe this all fails.

I mean no one is going to know the answer to the question, we're just going to throw one of the 3 above at you.




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March 11, 2018, 04:37:00 PM
 #27

As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of  virtual currency or bitcoins.
We human beings don't have some superpowers by which wet can tell the future but still one thing is for sure that bitcoin is going to have a very bright future because it's the most valued digital currency based on the most advanced technology of blockchain developed by Sathoshi.In future it will have more value and importance than gold which will not be overvalued. Many financial and other agencies will be accepting btc as mode of payment as there are many benefits of it. You don't need to worry about the future just have faith and stay calm.

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Rahman11
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March 11, 2018, 04:52:09 PM
 #28

Peoples are accept bitcoin day by day, in advance technological world deserve this kind of fast easy transferrable digital money! and most of countries around the world accept bitcoin as many way like mobile phone recharge. which country ban bitcoin this kinds of country also accept mobile recharge service via bitcoin! so I think bitcoin future is always advance.
hacker1001101001
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March 11, 2018, 05:12:46 PM
 #29

Cryptocurrency has a very bright future in the modern and digital world of tomorrow. This industry will bloom very high in the future and bitcoin can become the center of all the financial support in the digital crypto market. Bitcoin also has a very great future ahead and I think it will get huge value in the future and reach great new highs in its market cap.
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March 11, 2018, 05:20:14 PM
 #30

I think bitcoin is bitcoin. We have no scope to compare bitcoin with others coin. Bitcoin is the best future cryptocurrency.

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March 11, 2018, 05:25:46 PM
 #31

I think no doubt about the future of this bitcoin, judging by the increase in bitcoin users I'm sure the longer add bitcoin will grow, and already many transactions in the trading world adopt bitcoin.
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March 11, 2018, 05:39:19 PM
 #32

As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of  virtual currency or bitcoins.
I believe that bitcoin is not for daily purpose and is just a store of value with high potential to grow as gold was in the past and now it's price is almost stable or some say that it's falling and not able to save the money from inflation. So I think that because the transaction fees and transaction times both are quiet large in bitcoin so it's better used as store of value like gold and other altcoins can be used as the means of transacting daily and the best suited will be ethereum as its transaction times are quiet fast and also fees are in pennies.
ArnoldChippy
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March 11, 2018, 07:22:34 PM
 #33

Bitcoin's future is not too much waiting to be told. When Satoshi Nakamoto discovered Bitcoin, did he imagine that his discovery would spread to the whole country? In this way, Bitcoin is making his own future by doing his job. As long as technology progresses, there will be Bitcoin and those days. Bitcoin is a good way to invest. Bitcoin is a virtual coin filled with light.The future of many other currencies like Bitcoin and much more lighting.
Bitcoin has a great future no doubt about this,  and i think that with the passage of time the bitcoin future of bitcoin is becoming more secure because the bitcoin investors are now increasing from time to time and making bitcoin more stronger, In fact people are now taking interest in bitcoin and showing their interest in bitcoin trading and investment which is causing the increase in the price of bitcoin.

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sirenmoon
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March 11, 2018, 08:58:23 PM
 #34

hmmm the future currency i think is still bitcoin but it has potential to dead too, who know let's see what currency later

Even if it has the potential not all are looking at the Bitcoin in a positive way. A lot more of time needs to pass for the Bitcoin to become recognised by everyone. A lot of investors are hoping for the so needed integration of the Bitcoin into country economics. From the day it was released till today Bitcoin has advanced very much and the future will bring only benefits to the holders and the Bitcoin itself. Nothing is certain but I trully hope that Bitcoin will achieve the plans that are expected from it.

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March 11, 2018, 11:38:29 PM
 #35

I believe there is a bright future ahead if the cryptocurrency industry. A lot of people might disagree with my opinion but I am very much aware the new technology brought to us by the cryptocurrency world holds a revolutionary chance to change and forever alter the nature of currency in this planet. A dream of a currency that does not fill your pocket yet you know its there is a prettymuch very sought out dream by many. So I do think bitcoin hilds potential

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March 11, 2018, 11:39:06 PM
 #36

Most of the time it's up, but there are some fluctuations. The first position of bitcoin remains unshakable, but some mainstream sovereign digital currencies are starting to threaten BTC's position.

In any case, the blockchain technology is bound to hit the ground in every field.

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hajimasan
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March 11, 2018, 11:50:51 PM
 #37

As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of  virtual currency or bitcoins.
Yeah , no doubt that bitcoin another cryptourrency have really a better future but also these things will helps us to improve the future with better economical system by better grow of the earnings and also better support for the business management at the whole world wide level with payment system of the bitcoin .
And also we can see that in many countries people are using bitcoin in every possible ways like Japan is a simple example for this thing and also another country like China where bitcoin is a type of big market and also those countries are growing economically with the adoption of bitcoin .
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March 12, 2018, 02:30:52 AM
 #38

Even total illiterates know the value of gold, they should never be compared with one another. I'd like to say that whilst Bitcoin is POW algorithm, definitely will last for as long.
Then the solution is easy we need to make that every single person in the world understands the value of bitcoin this can be difficult because people understand why gold is valuable it is very obvious it's a precious metal and difficult to acquire so everyone knows why gold is valuable, this is harder to explain with bitcoin but eventually if that knowledge spreads people will just acknowledge it even if they do not understand it.
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March 12, 2018, 02:42:15 AM
 #39

 no one can predict the future of all virtual currency, all you have to do is to invest and trust those virtual currency, same way like on bitcoin way back 2009. few people will trust it but for now few peoples makes millionare.

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March 14, 2018, 07:17:09 AM
 #40

As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of  virtual currency or bitcoins.

Over time Bitcoin will become a universal transnational currency with a stable exchange rate. While it is difficult to say what will be the instruments of regulation of this currency and of cryptocurrencies at all.
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