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Author Topic: will next decade be the bitcoin era ??  (Read 3347 times)
Rohitha
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November 20, 2017, 02:04:23 PM
 #21

Crypto currency is the next evolutionary step. But it may not necessarily be Bitcoin, as it has many shortcomings to be a global currency. Crypto currency will take over eventually - definitely within the next decade.
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November 20, 2017, 02:08:32 PM
 #22

I think yes because we are approaching the digital era. Bitcoin will mainly become the most used type of currency by that time.
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November 20, 2017, 02:33:57 PM
 #23

I hope it is,, if we dig further from the records of transactions from.the previous years we can see the difference and that is the increasing volume of transaction meaning more people are currently engaging or using bitcoins. We can be sure that it will become more widespread that even those industry with a doubt about these crypto will come to the moment where they'll rethink or reconsider the using of bitcoins within their business.

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November 20, 2017, 02:35:28 PM
 #24

As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.


yes it might happen, bitcoin is a digital currency that does not use paper money, and is more efficient than paper money.

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November 20, 2017, 11:25:21 PM
 #25

As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.


yes it might happen, bitcoin is a digital currency that does not use paper money, and is more efficient than paper money.

Of course, bitcoin doesn't look like its going to stop any time soon and since there is the global demand  for it on the daily basis i think it will keep getting better as we enter the next decade and usher in a newer generation who are more tech savvy and will be even more interested in this
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November 21, 2017, 08:05:52 AM
 #26

As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.

yes it is possible. Now that bitcoin is rapidly increasing it's value. Bitcoin is already known globally and the mass adoption is also increasing I think the demand of bitcoin will increase too. Bitcoin will basically increase the volume of transactions, and it will go with the flow with the economy on the new era of 2020

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November 21, 2017, 08:17:11 AM
 #27

As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.

This is what i want and i'm excited for that because when you see the bitcoin /cryptocurrency is much better than fiat money but for now a lot of people didnt know about this but someday i know that all people will used this because this is our future money.
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November 21, 2017, 09:02:13 AM
 #28

yes maybe at that year will beginning the bitcoin era and actually it is starting from the previous year that everything is all about digital from online shop to digital currency and maybe in the next decade possibly bitcoin will lead the currencies because more likely people will use bitcoin for every transactions and probably the government too will provide the service related digital currency
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November 21, 2017, 11:00:37 AM
 #29

We are already in the bitcoin era  Cheesy
Many believe that bitcoin will have a bright future and I am one of them.
It is true that cryptocurrency is helping people make respectful income and, also it offers them the possibility to start their project without being controlled by government or being dependant to banks.

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November 21, 2017, 11:12:20 AM
 #30

We are already in the bitcoin era  Cheesy
Many believe that bitcoin will have a bright future and I am one of them.
It is true that cryptocurrency is helping people make respectful income and, also it offers them the possibility to start their project without being controlled by government or being dependant to banks.
We live in the digital age, but that does not mean that the era of bitcoin has already begun. For this to happen you need to solve a lot of issues. For example, bitcoin needs to become a full-fledged currency. I am sure that we still have to survive the war governments and banks against bitcoin. Only after the victory in the war we can talk about the era of bitcoin.
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November 21, 2017, 11:40:28 AM
 #31

We live in the digital age, but that does not mean that the era of bitcoin has already begun. For this to happen you need to solve a lot of issues. For example, bitcoin needs to become a full-fledged currency. I am sure that we still have to survive the war governments and banks against bitcoin. Only after the victory in the war we can talk about the era of bitcoin.

I'm not really concerned about that war. Since bitcoin is decentralized, there is not really much governments can do about it. If they ban it, people can still use it behind their radars. If we don't mind paying fair taxes regarding bitcoin gains and expenses, there is not reason for governments to ban bitcoin, and it's better for them to keep it legal, so they can collect something out of it. As for banks, they just have to adjust, because they monopoly is over, now that we have the choice of using bitcoin.

For me the victories that need to be won are inside bitcoin. We need to solve the scalability issues, and we need to make mining environment friendly. Once developers manage to solve that, then we will be in the bitcoin era.
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November 21, 2017, 12:00:42 PM
 #32

I think this may be because there have been a lot of big improvements and improvements lately, especially now that more and more people are starting to use bitcoin or other crypto, as an investment or other transaction, and I think bitcoin can be a global currency, and it may take a long time and process until it all materializes, and I think it's better to keep the bitcoin and wait until that moment
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November 21, 2017, 12:09:14 PM
 #33

We are already in the bitcoin era  Cheesy
Many believe that bitcoin will have a bright future and I am one of them.
It is true that cryptocurrency is helping people make respectful income and, also it offers them the possibility to start their project without being controlled by government or being dependant to banks.
We live in the digital age, but that does not mean that the era of bitcoin has already begun. For this to happen you need to solve a lot of issues. For example, bitcoin needs to become a full-fledged currency. I am sure that we still have to survive the war governments and banks against bitcoin. Only after the victory in the war we can talk about the era of bitcoin.
We term that we are in the digital age, but till date there are countries that doesn't have proper internet connectivity. Another thing when we talk about the bitcoin is the usability, we are very small in number than the fiat users. So, being a mainstream currency is not at all possible in the short. It requires more years to grow and reach such a position.
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November 21, 2017, 12:32:47 PM
 #34

I think this may be because there have been a lot of big improvements and improvements lately, especially now that more and more people are starting to use bitcoin or other crypto, as an investment or other transaction, and I think bitcoin can be a global currency, and it may take a long time and process until it all materializes, and I think it's better to keep the bitcoin and wait until that moment

Its already happening though. We're currently in the middle of a revolution here that may very well initiate a change of power on how we do transactions. I think the next couple of years will see us looking at bitcoin for what it was meant to be, a transactional currency that can make lives a lot better and convenient

 
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November 21, 2017, 12:44:37 PM
 #35

We are definitely seeing a shift to eMoney <electronic money> as I call it. People want money to be borderless and they want money to adapt to their fast paced lives. As soon as Crypto currencies can address these needs, people would shift towards currencies like Bitcoin. < That being said, Bitcoin would have to scale/adapt to meet these demands > 

Will Bitcoin take us into the new era? Nobody knows. ^hmmmmmmm^

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November 21, 2017, 01:17:38 PM
 #36

There is a big chance for that to happen as we can see now in the price chart Bitcoin is dominating and is growing up fast. So the possibility of next year to be a Bitcoin era is a big. We just need to continue what we are doing in Bitcoin which is too support Bitcoin in every forks event.
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November 21, 2017, 01:19:24 PM
 #37


I do agree in next 5-20 years, bitcoins will become more popular. I read some statement, "Bitcoin Will Hit $1 Million in 5-10 Years" which means bitcoins will over valued. They believe in new decade many demands in market about bitcoins. But for how this will help many regions to boost their economy as well, I still doubt it.


Era of digital currency become strongest is coming. I believe in that period will become popular to more people. So bitcoin era is on the way.
But about the price i dont think it can hit $1 million per bitcoin. Its too high and cost of transaction will be double.

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November 21, 2017, 01:21:24 PM
 #38

As by seeing the usage graph and profiting graph i can easily assume that in next decade of 2020 people will mainly relay on bitcoin and the main thing to survive in the next era will be bitcoin and it will be frequently used by everyone and that will help many regions to boost their economy as well so hope for the best, many people are eagerly waiting for the btc system to be implemented.


I believe that what we are seeing this year and towards the end of this decade is just the tip of the iceberg for Bitcoin. We have just barely scratch the surface as this is just the real beginning for the global Bitcoin domination. In the next few years, there would be countries that will openly embrace Bitcoin and more importantly people from all over the world would be getting into the Bitcoin bandwagon with gusto and eagerness we have never witnessed before. I am so enthusiastic with the Bitcoin growth in the whole of Asia and the continent of Africa while it is maintaining its big market in countries like Japan, Taiwan, South Korea and Australia. The next decade will definitely belong to Bitcoin and my crystal ball is agreeing with me this time 100%.
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November 21, 2017, 01:30:06 PM
 #39

We are definitely seeing a shift to eMoney <electronic money> as I call it. People want money to be borderless and they want money to adapt to their fast paced lives. As soon as Crypto currencies can address these needs, people would shift towards currencies like Bitcoin. < That being said, Bitcoin would have to scale/adapt to meet these demands > 

Will Bitcoin take us into the new era? Nobody knows. ^hmmmmmmm^
Nobody knows. That why this is interesting.
Imagine in the future, all the gadgets we have will connected in our home network, which bitcoin included present as our financial bank. When we need to buy food, clothes, electronic, home appliances, etc. We can use bitcoins as payment to shopping online. This is certainly can be easier because transaction bitcoins can confirm it by self, so we don't need to call the Bank institution for verify the transaction as we use a creditcard method payment.
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November 21, 2017, 01:53:20 PM
 #40

Yes I agree bitcoin will be playing an important role in our economy in the coming years. It is pretty obvious that the value of bitcoin keeps appreciating as well as its demand and popularity grows very fast. Countries and some companies starting to acknowledge bitcoin as a currency which is a good thing to consider. The future clearly view that digital currencies will be in the market for good and government will finally accepts it.

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