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Author Topic: Bitcoin after several years?  (Read 5111 times)
jagdeepjd
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September 01, 2018, 12:08:45 PM
 #81

what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?


Yes if bitcoin stays for several years which will mean that the cryptocurrencies as a whole will be accepted too by the masses which be a big revolution and then we can transact freely with cryptos everywhere for every basic need and tax implication will also fall to a great extent and people will not be charged unjustified tax amounts.
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September 01, 2018, 12:32:22 PM
 #82

Well not all the people can know what will happen in the future in  bitcoin. Only we can see the continuous growth of cryptocurrency in our time much better for the future that all of the people can benefits on it. Using bitcoin as a number one payment method in the world that can be done if all of the people acknowledge it in the future but it takes it a lot of time maybe in some country yes but for overall not yet.


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MTNAX
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September 01, 2018, 12:39:30 PM
 #83

Maybe no one knows for sure about the fate of bitcoin in the future. We can only hope that future bitcoin will be more advanced and better. In my opinion, in the future bitcoin will be increasingly used by people and growing in other countries, so that bitcoin will be more widely known. In the future, maybe we can already feel the benefits of bitcoin.
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September 01, 2018, 01:05:32 PM
 #84

This is the year of development of Bitcoin and Cryptocurrency, the longer the community will get to know Bitcoin. so, interest in bitcoin demand will be even higher, and with the limited number of bitcoins, in my opinion Bitcoin in the future will have a very high value.
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September 01, 2018, 01:09:13 PM
 #85

Bitcoin after several years well be known worldwide,development of bitcoin is easier now due to higher technology ,with interest and demand of people who support it,it can be their payment system soon.
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September 01, 2018, 01:19:03 PM
 #86

All bitcoin users perhaps are expecting bitcoin can grow bigger and more than now. Now it only can be used for small area, even though the potential is huge but it is has a limit. I can't imagine how bitcoin is if it is used in daily life. I have strong believe that bitcoin will grow more than now and it will be applied in global.

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September 01, 2018, 03:11:36 PM
 #87

I believe that as the cryptocurrency move then bitcoin will also move forward and develop more programs for it to grow wider than what it has at the present.
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September 01, 2018, 03:14:33 PM
 #88

Bitcoin after several years well be known worldwide,development of bitcoin is easier now due to higher technology ,with interest and demand of people who support it,it can be their payment system soon.

If some government comes forward and make it legalize it soon the country and world will start adopting it at faster pace and make the things more faster in terms of making payment and going digital way as this will be future.

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Lagrood
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September 01, 2018, 03:24:41 PM
 #89

Well, I do not consider that BTC will substitute fiat currencies in the future. There are plenty of reasons why it is impossible. BTC is convenient and useful for some type of financial transactions but no more. BTC has a cap for the further evolving. I suppose that BTC will be substituted by any other crypto currency in the far future. I think that BTC is not acceptable for long term investing and BTC is not suitable for using like a world wide digital currency because it need to be a crazy to hold money in an asset which a value can be changed in several times for quite small period of time so BTC is still a speculative asset which is convenient for venture investing, making fast transactions, speculating but no more.
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September 01, 2018, 03:51:50 PM
 #90

I think, bitcoin after a few years will continue to survive because there will be many people who are interested and investing in bitcoin so that the price of bitcoin will also continue to grow and be profitable
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September 01, 2018, 04:00:08 PM
 #91

I think, bitcoin after a few years will continue to survive because there will be many people who are interested and investing in bitcoin so that the price of bitcoin will also continue to grow and be profitable

   What can we learn from history, that since Bitcoin is invented, Bitcoin doesn`t stop with growing. Every year
Bitcoin is bigger, more expensive, more adopted. With all rights we can assume that in few year Bitcoin will be
bigger, more expensive than now, and without any doubts more adopted.
   It`s the road of Bitcoin. Many crypto-currencies are trying to keep up with Bitcoin and for some of them
it`s going alright. We need to consider all of them if we wish to have good predictions for the future.



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Rainbot
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September 01, 2018, 04:00:54 PM
 #92

Well, I do not consider that BTC will substitute fiat currencies in the future. There are plenty of reasons why it is impossible. BTC is convenient and useful for some type of financial transactions but no more. BTC has a cap for the further evolving. I suppose that BTC will be substituted by any other crypto currency in the far future. I think that BTC is not acceptable for long term investing and BTC is not suitable for using like a world wide digital currency because it need to be a crazy to hold money in an asset which a value can be changed in several times for quite small period of time so BTC is still a speculative asset which is convenient for venture investing, making fast transactions, speculating but no more.

And I should also add that Bitcoin can be easily stolen, so I can't even imagine some big corporation (not speaking of a government) using it instead of fiat for their financial settlements. Cryptotransactions are irreversible and intentionally made so, though we know a few examples when blockchains were rolled back, and it happened with Bitcoin too (in 2002 if I'm not mistaken). Now imagine when the treasury of a country like the US or Japan gets stolen by a hacker, lol. Cashless fiat transactions are fully reversible and traceable at that, while the government or central bank can easily declare the stolen cash outright illegal.
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September 01, 2018, 04:19:54 PM
 #93

what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?


For me, I think Bitcoin in coming several years will be exchanged with something more way efficient that it and would be useful to use in any way like transactions and paying things.
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September 01, 2018, 08:34:23 PM
 #94

For me, I think Bitcoin in coming several years will be exchanged with something more way efficient that it and would be useful to use in any way like transactions and paying things.

I think your vision won't come true. Bitcoin will remain to be the first and the most well known cryptocurrency and will in time reach 1% adoption worldwide. This will give it the value of over 100 thousand USD per coin. I'm sure of it.
Natasha95
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September 01, 2018, 10:17:43 PM
 #95

what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?

Personally, I do not see bitcoin in paper form. for payment at the supermarket....it's very strange and in my opinion looks ridiculous. Decentralized currency and the way of Fiat money development..... full absurdity. Bitcoin is a speculative unit, as an asset of gold or energy.

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September 02, 2018, 05:43:24 AM
Last edit: September 02, 2018, 10:26:12 AM by Hell-raiser
 #96

what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?

Personally, I do not see bitcoin in paper form. for payment at the supermarket....it's very strange and in my opinion looks ridiculous. Decentralized currency and the way of Fiat money development..... full absurdity. Bitcoin is a speculative unit, as an asset of gold or energy.

When people first started using electronic payments (cashless transactions), I think, they were no less surprised, nothing short of astonished really as that had been decades before the Internet. Bitcoin in the form of actual, physical paper would be ridiculous indeed, but physical bitcoins are not to be sneezed at or dismissed lightly. They have their own application (though rather specific and niche-ish), and I know of at least two producers who manufacture USB sticks which are used as physical bitcoins, that is pretty much like paper money, effectively as cash.

One of these producers has been active here, on the forum. I refer to OpenDime devices, so if you are curious you may ask them.
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September 02, 2018, 09:44:31 PM
 #97

Bitcoin will be huge. it will be high, higher than ever. It will be the world's greatest crypto currency. Bitcoin is our future, no matter what people are saying now this is the truth. It is our future and we can't stop it. It will bring us so many opportunities and possibilities...

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September 02, 2018, 09:56:15 PM
 #98

Well, people tend to believe that bitcoin will become higher and popular. Which is gonna be great if that happens. Bitcoin, in the future may become the trending and many people will use this in their payment transactions. But, indeed, we don't know what will be the future of bitcoin whether it becomes popular as it grow or will not grow. But now, bitcoin is great for us and it also benefits us.
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September 02, 2018, 10:19:11 PM
 #99

Bitcoin is getting more valuable each year. I would say that it is not impossible that sooner bitcoin can be used in buying goods in the supermarket, convenience store, and other merchants. But maybe limited merchants only especially that small business who do not need a computer and an internet connection to run it.
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September 02, 2018, 10:48:56 PM
 #100

In my opinion, we will see many more algorithms after several years. People will keep advancing and making the current blockchain technology way more better than it is today.
We will have new implementations out of blockchains than we have today so that people can always use blockchain in real life.
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