Avengers360 (OP)
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August 31, 2018, 06:57:51 AM |
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Bitcoins distributed ledger system was announced in 2008, and developed in 2009. It has since caused a bit of uproar in the global financial community.
Bitcoin has created an open blockchain protocol, which is not selectively permeable, or gender based or racially biased. It is a system that constitutes a number of factors, but is independent of each singular factor. This unifying, neutral quality is the real disruptive effect. In a forum like this people from around the globe can come together for their own different goals, bounty hunting, investing, advertising, developing, learning, teaching, (also scheming and scamming, but which system is completely utopian?), but together each factor is vital in the actual goal of bitcoin and the blockchain technology.
And as large as the community is, bitcoin is still at its infancy stage. We may be witnessing a revolution. How huge do you think this can get?
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cryptocrabs2
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September 02, 2018, 09:25:38 PM |
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You have rightly said that bitcoin is in pre-mature stage. Actually within a short span of time, this new concept has got very attraction and responses for all over the world. There are a lot of opportunities in this bitcoin and with the passage of time these will be explored.
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BALIK
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September 02, 2018, 09:29:16 PM |
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It can definitely get a lot larger than it is now, that's for sure. We're currently around the $300 billion market cap mark, and we have seen it closer to the $1 trillion mark in the past, so we can safely assume that this level is no where near the limit. I personally think that cryptocurrencies can grow to achieve at least 5% of the market cap of traditional currencies, and possibly even more, but I think it will take longer than a decade to do so.
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easycoin995
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September 02, 2018, 10:14:07 PM |
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Yes this is true that people from across the globe have come together under this one crypto market. There are still a lot of sectors left to be explored by crypto. But at the rate this market is becoming popular, maybe after 20 years, we will be able to see a lot of potential growth in the market.
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Silentsweeper785
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September 02, 2018, 11:00:55 PM |
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Actually this is right that bitcoin is still in infancy. Bitcoin is not very old as it has only passes several years but within this short time it has got huge responses. There are still many sides of bitcoin that needs to be addressed and this will be done gradually.
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ChiefPotato
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September 03, 2018, 11:44:52 AM |
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You are right, bitcoin is still in its infancy stage. Many people know about bitcoin but they have never used it before. Bitcoin has a high transaction cost and I think it’ll be hard to use it as a mode of day to day payment. Maybe someday it can become the gold of internet. People will be holding it for a long period of time, the supply will be less than the demand.
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Joshercine
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September 03, 2018, 11:50:23 AM |
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It may get even bigger than it is right now. It's all about freedom of what you can do with it and the anonymity behind it. Scammers will always be there, it's just the way it is.
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Hydroid
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September 03, 2018, 12:30:59 PM |
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We are seeing the use of blockchain in various sectors other that cryptocurrency. I think with the increasing use of blockchain there will be more awareness created around bitcoin. Maybe bitcoin will take its place as a form of day to day payment beside paper money. We all have high hopes form bitcoin.
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DimHorse
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September 03, 2018, 12:56:41 PM |
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I think we have already started witnessing a huge revolution. Some believes that bitcoin might make other monetary systems obsolete but I think it’s almost impossible. Maybe the support of the government will help people adopt it at a large scale. Bitcoin has been gaining a lot of popularity now-a-days.
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Ghosty100201
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September 03, 2018, 01:30:54 PM |
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Rightly said bitcoin is very much in its premature stages till now, many people, many organizations still do not know what bitcoin is how it works. But surely in the coming days, Bitcoin will rise even higher and many more people and organisations would accept bitcoin as a currency. And bitcoin can become a bigger thing that it currently is right now.
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FlexBrah
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September 03, 2018, 02:37:23 PM |
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We have already witnessed the digital revolution. Although bitcoin is now being used as digital gold, many services are beginning to implement it as payment, more people are beginning to use the crypto currency instead of fiat money and every year it will become all bigger.
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isllander
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September 03, 2018, 04:06:48 PM |
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I think the merger is already underway. Many after the discovery of bitcoin understand that this is not a long time but forever. The opportunities that he discovers can change the world to the
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Marcel666
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September 03, 2018, 04:12:45 PM |
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Very few people have the basic knowledge of cryptocurrency, and a large percentage of people are yet to hear about crypto or digital currency. With the advancement of technology into rural areas and developing countries. Cryptocurrencies would become more popular and adopted. It could revolutionize transactions and peer-to-peer interactions.
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Al-e_x
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September 03, 2018, 04:47:06 PM |
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the bitcoin revolution never stops, until bitcoin finds a comfortable place in the world of economics, I think we will still see a big revolution in the future, the purpose of bitcoin is still long, we need to control bitcoin by referring to the basic concept of the blockchain.
this will be a fantastic final result. bitcoin has many amazing positive values.
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cryptocrabs2
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September 03, 2018, 07:42:29 PM |
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I believe the revolution of bitcoin is great and with the span of time it will get big definitely due to the promising trait of bitcoin. So I am so optimistic regarding this.
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bellamente
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September 03, 2018, 07:55:41 PM |
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Previously, bitcoin cost less than 1 cents, and now has a price of $ 7,305.83 with a daily volume of $ 3 987 054 165
Cryptocommunity believes in bitcoin and revolution is not far off
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