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Author Topic: What will be the future of bitcoin is it good like as past  (Read 390 times)
Smpdytz1 (OP)
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March 05, 2018, 05:11:49 PM
 #1

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

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March 05, 2018, 05:17:19 PM
 #2

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

No one can say with certainty what will happen. You have to look to the facts of the past and present and use them to make your own judgments.

It is safe to say that bitcoin won't grow by the same amount in the next 9 years as it has the previous 9. It also will likely not grow as much between now and 2020 as it did in the last 2 years. Of course I speak in percentage terms and not absolute terms.

My personal opinion is that things are only going to improve by 2020, we are seeing more and more governments talk about cryptocurrencies and how to regulate them, while many disagree with that direction it certainly shows that governments are starting to accept the fact that crypto is here to stay.

Similarly we are seeing many large corporations now develop their own cryptocurrencies or integrating blockchain technology in to their business.

Given that adoption is only increasing it seems logical to think that the price will only go one way and that is upwards.

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March 05, 2018, 05:30:55 PM
 #3

Approximately it can be done in supply.

Btc supply isn't enough to last for long long years from now. Price will ride base on what the demands of the people to avail bitcoin.
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March 05, 2018, 05:39:41 PM
 #4

The past of Bitcoin is not really great with it's backdoor being found the reason why a lot of bitcoin was made at that time and there is also the Mt. Gox that caused the first ever biggest Bitcoin dump in the history, but after that is the great time of bitcoin. Being regulated in a country, pumping at great heights and many millionaires because of it.

I do hope that I will be seeing an improvement in the future and I also expect a lot of millionaires in that time but I do not think that bitcoin will be the reason for that but because of other digital currencies they are investing and being traded.

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March 05, 2018, 06:01:37 PM
 #5

I'm sure it will make more millionaires its just a question of how long they will have to hodl for.
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March 05, 2018, 06:06:03 PM
 #6

soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years
There are speculations like bitcoin will be worth $1,000,000 or that guy will eat his own d*** on national TV. So that will answer your if it will make people millionaires.

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March 05, 2018, 06:06:32 PM
 #7

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

Everyone like to earn and flip money and this is what most of the people been doing. You said it make millions, but let's face the fact that those guys who earned millions by buying few bucks of bitcoin are the people who got really early and had the guts to hold it for long time. Let's be honest hear the moment price starts raising many people second guess themselves if they should sell.

Bitcoin was made to be as a currency and not to be another asset or something like that .I fairly hope that in future we will be seeing much more of bitcoin use-cases such as being adopted by many merchants and hopefully price won't do these kind of variations when one day it has higher value and the next day it has lower. Because the point was to use it as a currency not as an speculative investment. Although many people are here only to earn money you can if you know what are you doing.
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March 05, 2018, 06:08:51 PM
 #8

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years
After 2020 I don't think you will see people becoming millionaires from scratch in cryptos that much. Simple reason is because cryptos too will hit a saturation point. No one will be able to make money blindly just be investing in anything as the things are right now. So after that it will be difficult to earn easy money.
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March 05, 2018, 06:15:03 PM
 #9

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

As of the moment, Bitcoin is just started to be know all over the world, But it hasn't been accepted by all as of the moment. But I think if they see the real capacity of bitcoin, I really think that the bitcoin price will still surge like the previous year.
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March 05, 2018, 06:19:17 PM
 #10

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years
Having a lot of Bitcoins could be possible in 2020. Having a lot of money in fiat is nothing to brag about.

 
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March 05, 2018, 06:31:16 PM
 #11

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

Yes, i believe that even in the future the value of the bitcoin will be increased and it will be same as it was in the past or now. The reason behind the value of the bitcoin is all because of strong support of its technology and peer to peer system which is the major reason for the rise in demand by the investors and traders all around the world. By 2020 you will see people making millions who are holding the bitcoin right from now or before and i would like to be one of those millionaires for sure.

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March 05, 2018, 06:50:12 PM
 #12

Bitcoin every years have a surprised, every years can reach high value. And in the future bitcoin can create millionaires people.
When I invest bitcoin in the first time (almost 4 years) until now, bitcoin make great profit for me.
Because of that reason I more invest and hold bitcoin even it drop down. I believe bitcoin can touch high value every years.
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March 05, 2018, 07:04:10 PM
 #13

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years
Yes, Bitcoin has been created to meet the needs of the world market, it can be said that Bitcoin is a very well-developed platform so in the future it will grow even further. Many investors have achieved success from joining Bitcoin, so it is very interested in the community.

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March 05, 2018, 07:06:40 PM
 #14

Sure but that blanket statement could apply to anything anywhere in the world really I feel like. And don't forget that while there become some millionaires, there will also be people who become homeless because they couldn't protect themselves correctly.

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March 05, 2018, 07:12:42 PM
 #15

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

Yes off course the future is bright anyway because the time is great dimension for the bitcoin itself and that we already experienced since the year 2009 when bitcoin was first introduced into the market. The major developments will be done to bitcoin blockchain technology and this will include the scale up issues, blocks size and time of transaction. Off course they all are interrelated and can be vanished in no time! Thus more applications of bitcoin will be done and more investors will get attracted into the bitcoin itself. Thus until 2020 which is almost three years from now can alter the course of future really.
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March 05, 2018, 07:13:55 PM
 #16

Bitcoin every years have a surprised, every years can reach high value. And in the future bitcoin can create millionaires people.
When I invest bitcoin in the first time (almost 4 years) until now, bitcoin make great profit for me.
Because of that reason I more invest and hold bitcoin even it drop down. I believe bitcoin can touch high value every years.
Bitcoin is the very first crytpo currency of the world and it is unique, although still most of the people do not have any idea about bitcoin, but now they are becoming aware and are getting education about it, because bitcoin is now becoming famous throughout the world and people are also showing good response to to buy bitcoin and invest money there for making profit.

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March 05, 2018, 07:33:33 PM
 #17

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

No one knows what will happen, but you really shouldn't see bitcoin as a money making machine. If you see it this way, and others see look at it the same way, then I must say that the future won't be that good. I think bitcoin will have a bright future, if people finally start looking at it, as a potencial decentralized and trustable payment method, both for international transactions, or simply to buy a cup of coffee on your favorite coffee shop. It will take a while for us to get there, but if LN continues developing and getting adopted at the same time, like we are seeing now, the future should be promising. We also see companies like Microsoft maintaining it's interest in the technology, and those are great news as well. Even in the bank sector we are seeing some positive news, and the same thing goes for regulation.

Bitcoin looks great, and yes I do expect its price to go up, specially because of the halve in 2020, but that's not the main reason why I'm holding my coins, and investing every time I can.
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March 05, 2018, 09:31:58 PM
 #18

Bitcoin is still capable of giving birth to new rich people (new millionaires) until the year 2020 we need not be afraid of the bitcoin supply that is left only slightly, because at that time bitcoin will not be limited to supply, but limited to its value

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March 05, 2018, 09:59:37 PM
 #19

Everyone knows that bitcoin has a great history since 2009.soo what will be the future of bitcoin what will be the situation in bitcoin after 2020 is it makes people millionaires same like in past years

As of the moment, Bitcoin is just started to be know all over the world, But it hasn't been accepted by all as of the moment. But I think if they see the real capacity of bitcoin, I really think that the bitcoin price will still surge like the previous year.

I also hope that the Bitcoin price will go back to the past tracks of the glory. Predictions are hard to make. Usually when the experts make the possible prediction market goes to the opposite way afterward so every prediction that you think is worth your time is actually meaningless and the best future price is the value from your own research which you gathered. 2020 won't bring the many millionaires but again who am I to make predictions. Gather your data and calculate the possible curves and graphs!

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March 06, 2018, 01:33:52 AM
 #20

As we know bitcoin has a great history so far but we can not say what will happen after 2020. It's a very long period but in my opinion bitcoin demand will certainly increase and on the other hand supply would be certainly limited so chances are brighter to increase in value. I am hoping it will be good like as past.

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