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Author Topic: Where do you see crypto-currency take us in the next 5, 10, 15 or 20+ years?  (Read 1638 times)
Pesh (OP)
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July 12, 2018, 08:58:50 PM
Last edit: July 12, 2018, 09:14:51 PM by Pesh
 #1

I was on discord writing post as I normally do for a few coins I help out with moderation. I stopped typing for a minute and thought to myself, "How well can crypto-currency influence the way we live and how will it all be regulated without it interfering with out privacy?".

There is of course the idea that data will be stored on the block chain but how will that positively/negatively affect us? Yes transparency is great and I am all for it but where would you draw the line? More importantly is the security of the network also, how can security be maintained and kept at the highest level? I was thinking of a wallet that would update the network every few months  with new hash's that gets linked to the wallet address and the whole system would be kept alive through PoS as I find that to be more of an efficient solution to PoW and of course doesn't require miners to run the network for you a single masternode would be enough to generate blocks on the network without major problems ( there are problems of course but not great in nature).  
Pesh (OP)
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July 12, 2018, 09:51:22 PM
 #2

Though the future certainly does look bright with the addition of cryptocurrency. We will not see a rapid influx of new investors unless these issues have been resolved.
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July 13, 2018, 05:31:08 AM
 #3

As the matter of fact, the first five years will bring a lot of development that brings the world into a whole new level in commerce and businesses. It is already started as of right now for our concern. Hence, put firm believe and research in the cryptocurrency space. It will blossom you profit in finance as well as businesses. Start now and enjoy the ride of the future.
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July 13, 2018, 07:07:07 AM
 #4

crypto currency future is so bright and in upcoming 5,10,15 years our all transactions made by bitcoin and other crypto currencies becauses these days many websites and stores also accepted bitcoins. also we can purchase goods, people love this currency and in future this currency replace paper currency overall its future is bright.
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July 13, 2018, 10:16:58 AM
 #5

Maybe Bitcoin has a future. But I do not think Bitcoin can exist in 10 or 20 years. Because the blockchain platform will certainly be old and replaced by other technology platforms. and Bitcoin will be forgotten

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July 13, 2018, 11:14:48 AM
 #6

As the matter of fact, the first five years will bring a lot of development that brings the world into a whole new level in commerce and businesses. It is already started as of right now for our concern. Hence, put firm believe and research in the cryptocurrency space. It will blossom you profit in finance as well as businesses. Start now and enjoy the ride of the future.
5 years from now, Consumer Experiences won't be the largest early battlefield, The changes in the consumer landscape will be far more macro than simply iterating and updating the platforms of the WEB 2.0 and mobile era's. When folks first deeply consider the crypto space, many will look at a decentralized system as a possible threat to existing player's, Decentralized rider-driver matching could displace UBER! Enthusiasts may note, critics often smug with their understanding of the current blockchain tech often equip there's no way the transaction rate will be fast enough for that many rides,
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July 13, 2018, 11:46:48 AM
 #7

Only when Bitcoin is out of trend will electronic money die on it .
But I think this is the right time to invest in it
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July 13, 2018, 12:01:15 PM
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Hopefully to a better society...
Pesh (OP)
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July 13, 2018, 01:01:30 PM
 #9

Maybe Bitcoin has a future. But I do not think Bitcoin can exist in 10 or 20 years. Because the blockchain platform will certainly be old and replaced by other technology platforms. and Bitcoin will be forgotten

I'm thinking along the same lines. I don't think it will be completely forgotten but technology would surpass what see today as cutting edge. A solution where scale ability is no issue and the currency can be monitored by the higher power that be.
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July 13, 2018, 01:12:08 PM
 #10

As the matter of fact, the first five years will bring a lot of development that brings the world into a whole new level in commerce and businesses. It is already started as of right now for our concern. Hence, put firm believe and research in the cryptocurrency space. It will blossom you profit in finance as well as businesses. Start now and enjoy the ride of the future.
5 years from now, Consumer Experiences won't be the largest early battlefield, The changes in the consumer landscape will be far more macro than simply iterating and updating the platforms of the WEB 2.0 and mobile era's. When folks first deeply consider the crypto space, many will look at a decentralized system as a possible threat to existing player's, Decentralized rider-driver matching could displace UBER! Enthusiasts may note, critics often smug with their understanding of the current blockchain tech often equip there's no way the transaction rate will be fast enough for that many rides,

Couldn't agree with you more. I believe bitcoin could be the crypto equivalent of diamond, kept for it's rarity and the fact that it was the very first of it's kind.
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July 13, 2018, 01:20:54 PM
 #11

Blockchain still alive in 5-10 years but btc or other alt coins will replace by other platform or delete because the price very unstable. I never buy it again because buyed at 18k and now it 6k. Very unstable.
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July 13, 2018, 01:24:54 PM
 #12

Blockchain still alive in 5-10 years but btc or other alt coins will replace by other platform or delete because the price very unstable. I never buy it again because buyed at 18k and now it 6k. Very unstable.
Damn mate that's unfortunate. Likewise I bought most of mine at $12000 and now it's worth 6k. I have made the profits back though through investing in good projects early on so I am not at a loss but that being said I have not gained much profit either.
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July 14, 2018, 01:31:46 PM
 #13

Lucky you ! All coins or tokens price just follow the news or hope. Bad news -> dump. Lose hope -> dump. Blockchain is good but coins or tokens  have no value if no one trust in them.
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July 14, 2018, 05:00:55 PM
 #14

coin is coins; tokens is something else ...

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July 15, 2018, 12:04:32 AM
 #15

Finally, and it may take 10 years- everything will be 'on chain' as the technology is far superior.  However I don't agree with the early adopters that it will result in some sort of social or economic changes.  The power brokers and big firms that control finance will be in a position to start their own coins and dominate the landscape just as they have for the past 300 years.  Perhaps it is they who is behind Bitcoin in the firstplace (as claimed by some sources like http://bloc10.com/splittingbits/ ) -

But to answer the question, Blockchain in some form will replace all financial instruments in the world, and serve as a useful accounting systems for large scale I.T. systems, the military, logistics, education, healthcare, government, basically everything.  Yeah, it will.
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July 15, 2018, 09:47:14 AM
 #16

The PoS and PoW thing has been discussed to death already and most people prefer PoW over PoS.  Roll Eyes  I think the most important reason why most people use Bitcoin is because of the privacy aspect of it, so we should never make sacrifices on privacy to satisfy these governments need for control.

If they do change this in the future, people would move back to PoW based coins and this would have accomplished nothing.   Tongue

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July 15, 2018, 10:47:47 AM
 #17

Finally, and it may take 10 years- everything will be 'on chain' as the technology is far superior.  However I don't agree with the early adopters that it will result in some sort of social or economic changes.  The power brokers and big firms that control finance will be in a position to start their own coins and dominate the landscape just as they have for the past 300 years.  Perhaps it is they who is behind Bitcoin in the firstplace (as claimed by some sources like http://bloc10.com/splittingbits/ ) -

But to answer the question, Blockchain in some form will replace all financial instruments in the world, and serve as a useful accounting systems for large scale I.T. systems, the military, logistics, education, healthcare, government, basically everything.  Yeah, it will.

I fint it very interesting what you said in the first paragraph. ¿BTC could change someway economics? To me yes --> Be you own bank, thats all.  ¿Could you imagine people managing their own money, not paying maintenance fee, credit cards fees...? That is the future BTC provide us, not the future we would have by doing the same things as now. In addition you know where did you spend your money, only you.

Big companies would do everything to preserve their position but blockchain its not an expensive technology and we will have plenty of options to choose between. Its going to be an exciting moment.


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July 15, 2018, 01:25:23 PM
 #18

Only when Bitcoin is out of trend will electronic money die on it .
But I think this is the right time to invest in it

People speculating on the Bitcoin price are not "investing", they are gambling!
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July 15, 2018, 06:46:29 PM
 #19

I see crypto currency taking us to the thrive stage in the future because the of the coiuntries which still seek to become more advanced economically and socially are dying to get involve in cryptocurrency because of the good tiding they have heard about cryptocurrency and I believe in 5,10 or more years the government as well be more friendly towards cryptocurrency.

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July 16, 2018, 08:02:19 PM
 #20

Lucky you ! All coins or tokens price just follow the news or hope. Bad news -> dump. Lose hope -> dump. Blockchain is good but coins or tokens  have no value if no one trust in them.
I'd have to disagree with you there mate, it's not just about hope I mean look at Gin coin. They have had their ups and downs, sure, but they have maintained a relatively steady price. Not a 80% drop like any other coin out there. Again it's what the people put out there as a final product. If there is a working product from the project then all is good.
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