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Author Topic: what is the future of virtual currency like bitcoin ?  (Read 4928 times)
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March 14, 2018, 07:42:05 AM
 #41

Bitcoin is presently very much adored by the general population and the pattern in 2017-2018, perhaps alongside mechanical improvements, the general population behind this bitcoin (maker) are thinking about the future to acquire sensitivity from society even according to the World. To get a situation in each nation, bitcoin is extraordinary for enhancing individuals' economy and can be called shared advantage.
furthermore, everything relies upon all clients, to be keen in utilizing it well, keeping in mind the end goal to get a positive observation.
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March 14, 2018, 10:30:09 AM
 #42

A lot of people are buying new digital currencies, and they believe that these virtual currencies will appreciate over time.

Because the cryptocurrency has a fixed number of attributes, more entrants will push up prices due to tight supplies. Some think bitcoin has a good future, which makes those who invest in bitcoin feel good. I predict that bitcoin will become a mainstream currency in 2018, becoming part of the global "strategic reserve" and "asset allocation model". More consumers may also use bitcoin to buy goods and services.
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March 16, 2018, 05:31:32 AM
 #43

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.
You shouldn’t be asking such questions. Nobody knows about the future of cryptocurrency. If you ask someone that is not into cryptocurrency, they will simply say that it is scam and won’t last for a long time. But if you ask someone that is into the business, they will tell you that it has  a great future. That’s it, so you can never know.
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March 16, 2018, 06:03:16 AM
 #44

The reason most of us asking this question is because we have doubts about bitcoin and it’s future. If we just ride with the flow and where we going with the help of bitcoin, our financial life wouldn’t be the same. If this is worrying us now, even with to much attention and popularity is higher today what more to those who invest in bitcoin 8 to 10 years ago. We being part of the community will be the one decide what future what we want to be, together.
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March 22, 2018, 02:27:18 AM
 #45

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.
It is really difficult this is going to be the case, I really think that bitcoin could become a currency that is used but I do not think it's going to become that universal currency and even if that happened it is very unlikely we are going to get a stable exchange rate there are several factors that are going to make that very difficult one of those factors is the limit in amount of coins that are ever going to exist.
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March 22, 2018, 02:35:53 AM
 #46

The reason most of us asking this question is because we have doubts about bitcoin and it’s future. If we just ride with the flow and where we going with the help of bitcoin, our financial life wouldn’t be the same. If this is worrying us now, even with to much attention and popularity is higher today what more to those who invest in bitcoin 8 to 10 years ago. We being part of the community will be the one decide what future what we want to be, together.
The current condition should makes bitcoin users more calm since actually so far the progress is good. But don't hope too much, bitcoin will not replace fiat. It will be only alternative currency, since the price is very fluctuates it is not so appropriate for daily transaction.
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March 22, 2018, 03:51:22 AM
 #47

The reason most of us asking this question is because we have doubts about bitcoin and it’s future. If we just ride with the flow and where we going with the help of bitcoin, our financial life wouldn’t be the same. If this is worrying us now, even with to much attention and popularity is higher today what more to those who invest in bitcoin 8 to 10 years ago. We being part of the community will be the one decide what future what we want to be, together.
The current condition should makes bitcoin users more calm since actually so far the progress is good. But don't hope too much, bitcoin will not replace fiat. It will be only alternative currency, since the price is very fluctuates it is not so appropriate for daily transaction.
Yes it cant replace fiat, becaus bitcoin is really a virtual crypto currency. But if we take a a look at the price, we can really notice that it is slowly rising, I think it is all because of that we are now in the modern world which everyone really knows internet and bitcoin runs into it. I believe that bitcoin will really rise soon because of its amazing features and it is really become now verry interesting.
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March 22, 2018, 04:30:06 PM
 #48

The reason most of us asking this question is because we have doubts about bitcoin and it’s future. If we just ride with the flow and where we going with the help of bitcoin, our financial life wouldn’t be the same. If this is worrying us now, even with to much attention and popularity is higher today what more to those who invest in bitcoin 8 to 10 years ago. We being part of the community will be the one decide what future what we want to be, together.

'Riding along' in the current times, IMO, isn't a really a sound advice since it looks as if we relied ourselves in what others subconsciously agreed upon. Without questioning something or being rational about one thing is kinda scary, especially with bitcoin, considering that it's just a few years old yet the gains are astronomical and are exhibiting signs of a bubble similar to those of the famous ones. I'm not saying that you should abandon the project or anything, but the point is that most people lose money because they aren't doing the slightest of research to aid them in their trading ventures.

No wonder why so many newbies quit immediately after losing a fair amount, they just tend to 'ride along' with what's new.

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March 22, 2018, 06:01:38 PM
 #49

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.

Yep, correct. Bitcoin is the future digital currency and few countries and companies are adopting Bitcoin as a legal tender, some countries have already accepted it like Singapore, Canada and south Korea. Those who knows well about Bitcoin and the technology behind that will obviously accept it but banks are misguiding governments about Bitcoin creating some negative news spread across the world.

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March 22, 2018, 08:08:43 PM
 #50

The reason most of us asking this question is because we have doubts about bitcoin and it’s future. If we just ride with the flow and where we going with the help of bitcoin, our financial life wouldn’t be the same. If this is worrying us now, even with to much attention and popularity is higher today what more to those who invest in bitcoin 8 to 10 years ago. We being part of the community will be the one decide what future what we want to be, together.

'Riding along' in the current times, IMO, isn't a really a sound advice since it looks as if we relied ourselves in what others subconsciously agreed upon. Without questioning something or being rational about one thing is kinda scary, especially with bitcoin, considering that it's just a few years old yet the gains are astronomical and are exhibiting signs of a bubble similar to those of the famous ones. I'm not saying that you should abandon the project or anything, but the point is that most people lose money because they aren't doing the slightest of research to aid them in their trading ventures.

No wonder why so many newbies quit immediately after losing a fair amount, they just tend to 'ride along' with what's new.

A fair amount of investors is actually striving towards the easy profit without the proper involvement in the actual market. We all have ambitions and the cryptomarket can fulfill this ambitions for us but to actually achieve something the investor must commit and devote himself to the project he is actually investing it.
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I don't pity the newbies which are easily influenced by the big investors and false project presentations because they must think prior the investment and not just follow the market flow blindly without the knowledge about the consequences.

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March 22, 2018, 08:21:27 PM
 #51

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.

Yep, correct. Bitcoin is the future digital currency and few countries and companies are adopting Bitcoin as a legal tender, some countries have already accepted it like Singapore, Canada and south Korea. Those who knows well about Bitcoin and the technology behind that will obviously accept it but banks are misguiding governments about Bitcoin creating some negative news spread across the world.

It is not just banks misleading governments. Governments across the world have the ability to analyse the impact of cryptocurrencies. After that it is a question of how open they are to change. Not all governments react in a similar fashion. Despotic governments will be the first to act against cryptocurrencies


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March 22, 2018, 08:58:30 PM
 #52

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.
Never expect a stable price when it comes to a platform that is being traded globally round the clock,there is no difficulty in coming up with regulations either by any governments,they can enforce strict know your customer for every exchanges and they can ban ICO altogether which i think is running with any regulations,only good projects with solid vision must be approved and i am expecting these rules being implemented pretty soon.
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March 22, 2018, 09:31:00 PM
 #53

Virtual currency has a great scope of development in the coming years but virtual currency are sub dived into two categories: Centralized and Decentralized. I think under decentralized currency Bitcoin still has more impact over people and will continue to rule for the coming years also, when there will be a better substitute people will eventually swap to that currency.
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March 22, 2018, 11:26:23 PM
 #54

A beautiful future can be built from now on, we see bitcoin continue to stand despite unstable prices and much resistance to bitcoin. I think it's been proven that bitcoin will last for a long time and it seems to be improving in the future with maybe many countries will accept and legalize bitcoin in the future.
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March 22, 2018, 11:33:24 PM
 #55

Well because of bitcoin, many ideas were created. Security in money has been more established than ever. Different ideas for money transfer are being showcased. And through bitcoin, the fast transactions became faster than ever. Bitcoin really is the face of the future. So we must grab it until it is easily accessible. I think the future of bitcoin is itself. Bitcoin will be adopted by all and used by all.
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March 22, 2018, 11:50:07 PM
 #56

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.
The wife Trump have invested money in gold mines? Lol. Bitcoin is more practical to use. It has more prospects. Why do you need gold? This metal has been chosen as an indicator because it is non-corrosive and has limited mining capabilities. How is bitcoin different? Say more. Gold reserves may well be more than expected. We can't really know what's underground. The number of bitcoin coins is limited to a certain amount.
yes you are right that the supply of gold can still continue to grow and the supply of bitcoin is very limited, but I think, to invest all our money in bitcoin is very high risk.

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March 23, 2018, 12:33:42 AM
 #57

The future of bitcoin I think is not kn tge jnvestment world but on tge currency. You see, bitcoin holds a lot of potential of revolutionizing the currencies we know and get accustomed to today, the what we call conventional currencies. Otger then the revolutionizing, a cryptocurrency regulated world offers huge possibilities and benefits not only to every country but to each individual as well.
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March 23, 2018, 12:46:12 AM
 #58

This question can be answer, only more on speculations, because nobody can determine exactly on what is the future of bitcoin business, and even those people behind this business cannot give the accurate situation of bitcoin future. Many opinions that shared on the forum about future of bitcoin but if we try to analyze it is all predictions and speculations only, but positively thinking, for my own speculation, bitcoin would still have a long life journey of existence. Hopefully government leaders would also assist bitcoin for the seek and opportunities of their living people.

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March 23, 2018, 01:06:36 AM
 #59

Indeed Bitcoin improved a lot the way people make transactions. It's a great evolvement that came suddenly with Bitcoin. It helped people from all parts of the world to connect themselves into a new system, Blockchain, making people stay closer without the need to be physically together or at the same area/country to be able to negotiate.

However the future is obscure, the possibilities are many and most of them don't depend on us, enthusiasts, but on the authorities that rule the way we live. Once each country says what they want and think about Bitcoin we can have a clearer scenario to discuss and make more accurated predictions about the future of the digital currency.

 
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March 23, 2018, 02:32:01 AM
 #60

I think as a currency bitcoin will be surpassed by a new coin with superior fundamentals and a fairer initial distribution.
I think long term btc will be used as a store of value rather than as a currency.
It will probably always have a place in the crypto sphere in this capacity because it was the first and is the biggest/most well known.
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