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Author Topic: Future of Bitcoin  (Read 662 times)
wihrn
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November 25, 2017, 10:31:33 PM
 #21

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?

I cannot agree with your position that "most" governments resist to acknowledge bitcoin.  There are some but still there are many countries who supported bitcoin.  And many will turn to bitcoin when they see that bitcoin will help their people and their economy.  Time is needed for bitcoin to be well-known throughout the globe.

Is it true only for Bitcoin or for other cryptocurrencies as well?
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November 25, 2017, 10:42:48 PM
 #22

I can't predict the future of bitcoin. At least take a look at the prices - they always increase and decrease. They are not static  Undecided
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November 25, 2017, 11:20:51 PM
 #23

The future of bitcoin should be great if the scaling issues are sorted out and i waiting to see a faster transaction time and lower fees,but with the price increasing without any correction i am not sure what the transaction fees will be in the future if the issues are not sorted.
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November 25, 2017, 11:37:56 PM
 #24

Although there are many contries in the world ban Bitcoin. However I always believe Bitcoin future. Unless, the developers dont improve its weaknesses
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November 25, 2017, 11:40:37 PM
 #25

Although there are many contries in the world ban Bitcoin. However I always believe Bitcoin future. Unless, the developers dont improve its weaknesses

The future of bitcoin has a good progress and as people always believe that it will go along journey together with long term goals. Holding enough value of bitcoin is more profitable than whatever investments, and even alts coukdn't beat the records of promising bitcoin's progressive development in recent past years.
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November 25, 2017, 11:53:32 PM
Last edit: November 27, 2017, 02:33:41 PM by farhaan
 #26

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?
Whatever world governments think about bitcoin,it seems unstoppable.One day or the other,they would have to accept bitcoin by regulating it.

We could see that earlier,china took strict actions against bitcoin which even lead to closing of the three bitcoin exchanges there.But still,people continued to trade bitcoins in countersale directly.They used telegram chats for trading.Later,china realized that bitcoin could not be completely banned.

Same situation would occur to other countries also.

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November 25, 2017, 11:59:42 PM
 #27

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?

my answer is yes, bitcoin consedring the first digital cryptocurrency accpeted by some government intitution to help them for the economics growth and to give of people of republic a decent job.

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November 26, 2017, 12:06:41 AM
 #28

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?

There is no problem about it. Have you tracked the pattern? There is already an opening up of countries to Bitcoin. It used to be so hard for Bitcoin to gain the green light of countries. But we have now seen several countries that accepted Bitcoin. Some are even removing the tax burden of Bitcoin. This is the start. I know this will still get better as the countries accepting Bitcoin are increasing in numbers. There will be a domino effect.
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November 26, 2017, 12:06:47 AM
 #29

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?
For me, i think bitcoin will have a better future since it continues to rise up and develop. Although, sometimes it goes down but still it continues to get back on track. I think 5-10 years from now, bitcoin's price will be very high so those people who will hold their bitcoin, will be an instant millionaire in the future.
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November 26, 2017, 01:41:10 AM
 #30

according to my own predictions, and seeing from the number of bitcoin enthusiasts in the world is increasing, I'm sure the future of bitcoin will be good, and progressing ... although there are some countries in the world that prohibit bitcoin enter, for example china, it will not block the growth of bitcoin ..

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November 30, 2017, 04:52:02 AM
 #31

The bitcoin in the future is more brighter because many people in the world can adopt the nature of bitcoin, Since, bitcoin continue rise up until now of more investment.

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November 30, 2017, 04:58:03 AM
 #32

Bitcoin have their own way to build it's own popularity. Let's take a look on bitcoin value, it's increase more than 10% within a month.
It's more profitable than bank's interest so in the future more people will implement bitcoin in all platforms just like PayPal etc
Future of bitcoin in near future is so famous. Because everyone now can own bitcoin. But it depends how to you hold it. Future of bitcoin, so high. Because someday bitcoin is the one and most famous currency in future that we used. Its easy to be used, when you shopping, buy other goods, you can used bitcoin...
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November 30, 2017, 04:58:24 AM
 #33

bitcoin is the most favorite online currency. bitcoin future can not be predicted.now bitcoin accept cordially many countries.  they open marketing, shopping and restuarent. in the future may be bitcoin is used all over the world.

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November 30, 2017, 05:58:55 AM
 #34

The future of Bitcoin is not set in stone and we have to fight every battle on several fronts to win the War. The War against the exploitation of poor people or the so-called, "unbanked" and also the exploitation of people who are using expensive remittance services and Banks that are charging high fees.

The war against corrupt governments who seize and confiscate and steal people's wealth. <Zimbabwe/Cyprus/Greece>

Until we change this injustice, we have not accomplished anything. Bitcoin can change people's lives. ^smile^

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November 30, 2017, 06:05:54 AM
 #35

I think bitcoin has a lot of potentials coming in it's way and I think that the government is too scared to use this kind of program or opportunity because people might get too lazy. Bitcoin might help our economy but in only minimum ways and economy is a big thing in our country and we need to invest more and learn more through personal communication so we could have personal commitment and trust with the investors. I would also like to add that business is also a way to advertise our own country and by this our economy could also grow bigger or higher.
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November 30, 2017, 06:15:18 AM
 #36

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?

bitcoin has a bright future even though some countries reject it. I think the investors are not affected by the ban in some countries. bitcoin is able to keep increasing view current value exceeding 10k $ this is really awesome.
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November 30, 2017, 06:20:39 AM
 #37

As for me future of Bitcoin cannot be predicted. In its early year Bitcoin was crawling and now it’s flying. With each day passing Bitcoin prices are sky-rocketing. So you cannot predict what Bitcoin is going to be tomorrow. As for now just ride with tide.
The future of Bitcoin will depends on how it is being patronized in the market. How it is being welcome in the international market world. Like the traditional currencies that are being use today, alternative coins will remain as long as it is being acknowledged and use by patronizers. As  I personally see through the emerging development of cybertechnology, I think Bitcoin have a very bright future ahead.
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November 30, 2017, 06:26:15 AM
 #38

Bitcoin is really uncontrolable. According to hedge fund "Michael Novogratz" , he said to Cnbc news on monday that bitcoin could easily reach $40k by the end of 2018.
There is a huge volume of trading involved from japanese, more countries are gradualky involving in bitcoin trades.
These sufficient moves of people in cryptocurrency represent large demand of bitcoin in future, so yes it could grow more.

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November 30, 2017, 06:57:17 AM
 #39

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?

bitcoin has a bright future even though some countries reject it. I think the investors are not affected by the ban in some countries. bitcoin is able to keep increasing view current value exceeding 10k $ this is really awesome.

Yep bitcoin has good future doesn't due to the price of bitcoin is very expensive only, more than it bitcoin has many benefits which are bitcoin is decentralize, no one in the world can control it the community of bitcoin can do it, bitcoin is transparant all of people around the world can see the source code of bitcoin, it is mean all of people know how much bitcoin be mined and bitcoin can protect us from inflation due to bitcoin has limited amount just 21.000.000BTC ( bitcoin is deflation).
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November 30, 2017, 08:47:21 AM
 #40

Does bitcoin has a promising future considering most governments resisting to acknowledge and accept its use in their economies?
Yeah , Ofcourse bitcoin will give more and more profit definitely in the future because each year the price of the bitcoin is rising by factor ×10 , and also this year it prooved the same thing which really a pretty cool thing for those holder of the bitcoin who have holded much bitcoin in Thier Wallet.
If you are thinking to hold bitcoin but have fear that if government of your country will ban than what will happen then here I would like to suggest you to leave your stupid mentality and make investment in bitcoin as much as you can , your money will remain your until you will use it , Because if any government of any country will ban than what will happen , they only can make rule to not use bitcoin but they can't make any technology that can stop the bitcoin transaction , so in that case of ban like thing you can sell for the PayPal money easily.
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