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Author Topic: Issue about Bitcoin in the future  (Read 323 times)
jur_nhee (OP)
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December 09, 2018, 02:43:03 PM
 #1

Hi there, my name is Fin

Well, I'm trying to think of why Bitcoin has to be the coin that lasts into the future.
The primary reason I can think is due to it being the first, and therefore it's in a way more scattered?

Any new mine-able crypto could quickly and easily be overtaken by a major entity who could then potentially control the majority of it,
which would be problematic for a decentralized currency.
And a pre-mined crypto could never become the largest.
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How do you think ?

Thanks for you opinion
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December 09, 2018, 02:57:17 PM
 #2

it sounds good if the bitcoin is leveraged the future becomes a good sign and in my opinion this is more than what i think about the future i am sure bitcoin will be good and stable
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December 09, 2018, 03:00:54 PM
 #3

Bitcoin is a protocol for decentralized value transfer that has no analogues. Behind him the future. the entire infrastructure is not yet ready. If the Internet is an information transfer protocol has covered the whole world. That bitcoin is the future in the transfer of value. Bitcoin will do well in the foreseeable future.

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December 09, 2018, 03:01:55 PM
 #4

it sounds good if the bitcoin is leveraged the future becomes a good sign and in my opinion this is more than what i think about the future i am sure bitcoin will be good and stable
Bitcoin will never be"stable". People already know if bitcoin has very high volatile, it's can up so high and down so fast too (just like roller coaster)
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December 09, 2018, 03:02:50 PM
 #5

Well, I'm trying to think of why Bitcoin has to be the coin that lasts into the future.
The primary reason I can think is due to it being the first, and therefore it's in a way more scattered?
Though bitcoin is far ahead compared to all the other cryptocurrencies combined simply due to the adoption and network effect of bitcoin, it's never 100% guaranteed for bitcoin to be the top cryptocurrency in the future(though the chances are quite slim for another cryptocurrency to overtake bitcoin, at least for now).

it sounds good if the bitcoin is leveraged the future becomes a good sign and in my opinion this is more than what i think about the future i am sure bitcoin will be good and stable
Bitcoin will never be"stable". People already know if bitcoin has very high volatile, it's can up so high and down so fast too (just like roller coaster)
Not necessarily. Bitcoin will achieve stability when there's enough money on the markets, hence the prices will be significantly harder to skew whenever gigantic buy or sell offers execute. Probably not anytime soon, for sure, because it will take time. It might take 10 years or it might take 100 years. No one knows.

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December 09, 2018, 03:45:52 PM
 #6

Hi there, my name is Fin

Well, I'm trying to think of why Bitcoin has to be the coin that lasts into the future.
The primary reason I can think is due to it being the first, and therefore it's in a way more scattered?

Any new mine-able crypto could quickly and easily be overtaken by a major entity who could then potentially control the majority of it,
which would be problematic for a decentralized currency.
And a pre-mined crypto could never become the largest.
แทงบอลออนไลน์
How do you think ?

Thanks for you opinion


Bitcoin could almost as easily become more centralized if a large enough entity tried to buy up a lot of the supply. We already have whales who can show their control by how much bitcoin they have and that control will only become stronger as the BTC price increases over time. I don't think that other coins cannot challenge it for that reason but they will have to have a good system in place to ensure the decentralized nature of the market as well as something to prevent a 51% attack.

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December 09, 2018, 03:52:13 PM
 #7

Hi there, my name is Fin

Well, I'm trying to think of why Bitcoin has to be the coin that lasts into the future.
The primary reason I can think is due to it being the first, and therefore it's in a way more scattered?

Any new mine-able crypto could quickly and easily be overtaken by a major entity who could then potentially control the majority of it,
which would be problematic for a decentralized currency.
And a pre-mined crypto could never become the largest.
แทงบอลออนไลน์
How do you think ?

Thanks for you opinion

in my opinion why bitcoin is the main issue and become an issue in the future because the volume of bitcoin is already very large in exchange, bitcoin is one of the most potential coins to remain on a trend of significant price increases. so the potential of bitcoin will remain up to the future and will be the best defense coin

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December 09, 2018, 04:04:37 PM
 #8

Bitcoin should be used in the future not only because it is the first coin in the world of blockchain, but also because it allows transfers, payments in the shortest possible time with a minimum Commission without banks. In addition to bitcoin, there are many tokens that can also be accepted as payment, do not forget that bitcoin is not one.
If you say that he has little chance, then I will not agree with you, because bitcoin is only 10 years old and only 20% of the population knows about it, and trades even less. If you approve the laws on the taxation of bitcoin, I assure you people will stop being afraid and will start buying up the first cryptocurrency for later use. Just now everyone is afraid of taxes and uncertainty.

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December 09, 2018, 04:41:32 PM
 #9

it sounds good if the bitcoin is leveraged the future becomes a good sign and in my opinion this is more than what i think about the future i am sure bitcoin will be good and stable
Bitcoin will never be"stable". People already know if bitcoin has very high volatile, it's can up so high and down so fast too (just like roller coaster)

Yes, you are right, no one can know when the price of bitcoin rises and also the price will go down, it all depends on demand.
If someone makes a prediction by carrying a million dreams, that is all absurd, it cannot be trusted if only a prediction, if the prediction is not on target, it will definitely make people feel disappointed.
So maybe they should know that we are all just waiting when prices will rise, not waiting for prices to stabilize, bitcoin will never be stable.
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December 09, 2018, 05:49:18 PM
 #10

all altcoins naturally increase if bitcoin increases, the nature of altcoin dependency on bitcoin is still very close, so the conclusion that I get is that bitcoin will be fine for the future without problems

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December 09, 2018, 05:53:32 PM
 #11

Hi there, my name is Fin

Well, I'm trying to think of why Bitcoin has to be the coin that lasts into the future.
The primary reason I can think is due to it being the first, and therefore it's in a way more scattered?

Any new mine-able crypto could quickly and easily be overtaken by a major entity who could then potentially control the majority of it,
which would be problematic for a decentralized currency.
And a pre-mined crypto could never become the largest.
แทงบอลออนไลน์
How do you think ?

Thanks for you opinion

I do not have an opinion on the reason why it may be money in the future. But Bitcoin is currently Altcoin with the highest price and whales easily control it. Besides it is the currency of "Deep" use, so it easily survives in the future.

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December 09, 2018, 05:59:10 PM
 #12

Well I believe bitcoin would last deep into the future but bitcoin will not be the only current coin that would be able to resist all the tides and last into the future some other good coin will be able to follow suit

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December 09, 2018, 06:02:04 PM
 #13

The news said the government of Venezuela has created its own crypto. The were forced to do that due its economical disaster. Anyway, it should be valuable experience for other countries for the future
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December 09, 2018, 10:46:05 PM
 #14

The news said the government of Venezuela has created its own crypto. The were forced to do that due its economical disaster. Anyway, it should be valuable experience for other countries for the future

They definitely weren't forced to do it. I don't think having their own centralized cryptocurrency is going to change anything positively. It's highly likely that it's just another funnel for Nicolás Maduro to make more money off his countrymen.

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December 09, 2018, 11:08:49 PM
 #15

it sounds good if the bitcoin is leveraged the future becomes a good sign and in my opinion this is more than what i think about the future i am sure bitcoin will be good and stable
Bitcoin from the start the price value is volatile it's unpredictable its up and down the value and never be stable. Joining in investing in cryptocurrency is a good choice cause the value is unpredictable its oppurtunity to earn more profit in your investment.
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December 09, 2018, 11:14:48 PM
 #16

it sounds good if the bitcoin is leveraged the future becomes a good sign and in my opinion this is more than what i think about the future i am sure bitcoin will be good and stable
Bitcoin will never be"stable". People already know if bitcoin has very high volatile, it's can up so high and down so fast too (just like roller coaster)


Perfect answer mate bitcoin until they not regulated in the world market cap bitcoin will still remain moves their
Volatile fluctuations being decentralized digital cryptocurrency.

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December 09, 2018, 11:22:56 PM
 #17

yes, I agree with you, coins that have never been mined will not give profits to crypto users, another term is shitcoin.

Today, many coins on the market, 40% are coins that cannot provide benefits with very little value. so, it can't last long.

BTC is a certainty for the future.
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December 09, 2018, 11:23:02 PM
 #18

When a new cryptocurrency is created, there are many coins belong to developers. That's not good. Also, there is no guarantee that they are not holding coins in more that the number they are saying. People trust bitcoin more than other cryptocurrencies.
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December 10, 2018, 05:45:47 AM
 #19

coins that have never been mined will not give profits to crypto users,

what OP is asking has nothing to do with profit so it is not related to non-mineable coins.
there are different ways of distributing the supply, one of them is mining the coin using proof of work algorithm which bitcoin is using this design. other methods can be different but they are not necessarily bad just because they are different and you should not confuse them with a premined altcoin that the dev is controlling it to make free money.

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December 10, 2018, 06:48:49 AM
 #20

The thing with the bitcoin that kinda makes it stand out/heads and shoulders above other coins is it's value and to a certain extent its stability at least compared to other cryptocurrencies, at the moment absolutely no crypto coin can offer what the bitcoin can in those respects and even more(volume,adoption etc)
Other than it being the first coin created,it sort of controls other coins as its rise or fall is somewhat a determinant to the price of other altcoins
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December 10, 2018, 07:11:10 AM
 #21

I think that bitcoin will make the biggest currency in the future when it comes from its development every year, especially with a lot of coins popping up but until today no one can compete with bitcoin by that and because of that I am very sure that bitcoin has a good future with the presence of many countries that want to legalize bitcoin and become a legitimate currency in a country.
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December 10, 2018, 07:43:25 AM
 #22

It's more about brand awareness, bitcoin is the most famous crypto currency and most widely adopted. Others like ethereum is arguable a much better currency with more funtionality but less people know about it

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December 10, 2018, 08:45:17 AM
 #23

People are attracted to bitcoin because it is unstable and can give a large percentage of growth. In the Future, I think that everything will be fine with bitcoin and the correction should already end.
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December 10, 2018, 09:03:09 AM
 #24

Everything other Alt coins can do, Bitcoin can do better.  Wink

We have some of the best developers in the world, working on improving the Bitcoin software <protocol> and also adding side chains onto it to improve it. So we can cannibalize most of the features that Alt coins can offer, into the Bitcoin code.

So, if someone come up with a ground breaking feature, then nothing stops our developers to do the same or to improve on that. They just change the code and the community decide what they want to do with that.  Tongue

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December 10, 2018, 10:49:16 AM
 #25

I would say that btc in the future would also experience huge down trends in the future since it is volatile in nature and a high risk investment. People that had been in the crypto community for quite a while had already experienced how btc works. As usual, there will be bull market and bear market and it will be up to the investor what would be his preferred term on his investment either be short term or long term. I believe it should be better that you should have to observe and learn from it first prior to making btc investment.

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December 10, 2018, 11:23:17 AM
 #26

Bitcoin does have a good and developing future, it needs to pay attention to every movement and also its benefits. Study the market movements that are always up and down so that we can predict each step so that we too are able to overcome all the shortcomings.

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