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Author Topic: BITCOIN in 2029  (Read 24021 times)
ZackNet1997 (OP)
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January 04, 2019, 06:35:47 PM
 #1

BTCBITCOIN's 10th birthday just happened. So after 10 years from here BTCBITCOIN will 20 years old. So how BTCBTC will be in 2029? Let's share ideas...  Wink Wink Wink
mersal
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January 04, 2019, 06:53:05 PM
 #2

BTCBITCOIN's 10th birthday just happened. So after 10 years from here BTCBITCOIN will 20 years old. So how BTCBTC will be in 2029? Let's share ideas...  Wink Wink Wink

I think after 10 years the value and the reach of the kind was most popular this will I definitely shoot to all the people because in the starting stage we don't recognise the cost of Bitcoin but after 10 years we had lot of changes in our life so after 10 years it is definitely grow more than today.
absurde
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January 04, 2019, 06:59:17 PM
 #3

it is unpredictable if you are asking about the price, if i look optimistic Btc will dominate all financial market in 2029, Btc will be avaliable in our daily lives.
NeuroticFish
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January 04, 2019, 07:03:06 PM
 #4

So how BTCBTC will be in 2029? Let's share ideas...  Wink Wink Wink

I expect it to be used for payments in almost every corner and field.
I expect it to be a wonderful investment vehicle too.
There is a good chance that international trades start getting quoted in Bitcoin instead of Dollar, Euro or Yen.

But I cannot tell how big or small its price is going to be. It will be, however, much more stable than now.

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bL4nkcode
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January 04, 2019, 07:23:36 PM
 #5

Things are only sure
  • Mining reward is only 1.5625 BTC on that time, and that's not a huge figure and probably mining will not be profitable not unless if the price will remain in 5 digits, >20k.

But I expect,
  • All shops accept bitcoin as a payment means.
  • Lightning payment will be used to all merchants accepting btc--to any local or online shop.
  • Less sh*tcoins
  • I have my own Lambo once it reached back in 20k or much better if much higher. Grin
vintages
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January 04, 2019, 08:13:16 PM
 #6

I guess it will be bigger than we all could ever imagine. And you never can tell,  many prediction and speculations might come to pass.
farosa
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January 04, 2019, 09:35:49 PM
 #7

BTCBITCOIN's 10th birthday just happened. So after 10 years from here BTCBITCOIN will 20 years old. So how BTCBTC will be in 2029? Let's share ideas...  Wink Wink Wink
Most likely, in 2029 we would be in a more fortunate position because we chose Bitcoin. So, the technology is even more advanced and we are living scenes that we see in movies about the future now. Or more useful currency would be created than Bitcoin and Bitcoin would live in our hearts.
HabBear
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January 04, 2019, 09:36:27 PM
 #8

I expect it to be used for payments in almost every corner and field.

I expect it to be a wonderful investment vehicle too.

Well, it can't be both. You can't expect something that is used as a stable value currency to also be a "wonderful investment vehicle". If Bitcoin is to become a true currency (I know it can be transacted now but it's not actually a currency beyond people who choose to invest in in first) then its only investment purpose would be as a hedge against fiat currencies. Meaning people could buy and hold Bitcoin and not expect the value to appreciate significantly but to avoid depreciation of a fiat currency due to it's deflationary nature.

So by "wonderful investment vehicle" we're talking about 3% return per year. Freebitco.in is paying 4% per year!
A7373
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January 04, 2019, 10:41:05 PM
 #9

I think that bitcoin will cost a lot of money, but even in  2029 not all people would use it.
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January 05, 2019, 12:17:45 AM
 #10

I am a believer in Satoshi's prediction of Bitcoin's volume either being huge or nothing 20 years after its creation. We're either going a long way up from here or it's going to die. The former works considerably better for me at least. 10 years is a lot of room to either get entrenched or usurped.
figmentofmyass
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January 05, 2019, 01:17:57 AM
 #11

BITCOIN's 10th birthday just happened. So after 10 years from here BITCOIN will 20 years old. So how BTC will be in 2029? Let's share ideas... 

by 2029, i think we'll have a good idea whether mass adoption is really coming or not. it took cell phones ~20 years to reach supermajority market penetration.

i sure hope the community has agreed on a post-quantum signature curve scheme before then. by 2027 or possibly even earlier, quantum computing is expected to break ECDSA. that means coins held in any address where the public key has ever been exposed are at risk of being stolen.

this will require a hard fork. so at least we'll find out once and for all whether bitcoin can successfully hard fork! Smiley

Andam76
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January 05, 2019, 01:38:47 AM
 #12

in my opinion, bitcoin in the next ten years will definitely progress and more and more people will know bitcoin ... for prices it is difficult to predict because it always fluctuates
Exeus
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January 05, 2019, 02:27:56 AM
 #13

I am a believer in Satoshi's prediction of Bitcoin's volume either being huge or nothing 20 years after its creation. We're either going a long way up from here or it's going to die. The former works considerably better for me at least. 10 years is a lot of room to either get entrenched or usurped.
we always do believe that bitcoin in the future will be more innovative than what we have experienced right now, there will be bunches of sites, shops, and etc., which most of them right now are already accepted bitcoin as a payment method. sooner or later the adoption of bitcoin will be applied to the whole world and now progress of bitcoin is at its best.
BorisWCR
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January 05, 2019, 02:41:58 AM
 #14

As for this matter, my own opinion and thoughts about it is that I was hoping that more and more people will become crypto users that time. And not only that, because for me, there will be a high possibility that in the year 2029 crypto currencies will be globally in used wherein it will be the medium for the payment method of the people world widely.
pooya87
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January 05, 2019, 02:55:45 AM
 #15

the adoption is always an exponential curve, it is slow at first and then as it makes progress the speed increases and it starts happening faster and faster. so take the growth that bitcoin had in the past 10 years and extrapolate it to the next 10 years then add an extra amount of growth on top of it to factor in that exponential growth and you will get how bitcoin is going to be in the next 10 years.
this trend will continue until mass adoption which is hard to say when that is going to happen.

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January 05, 2019, 03:16:18 AM
 #16

I Believe Bitcoin in 2029 to 30000$
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January 05, 2019, 03:37:00 AM
 #17

In 10 years, bitcoin will definitely be better, there are lots of ideas that keep it going and have value. Just as we will continue to have knowledge that guides us in a better direction. Bitcoin certainly has broader developments and is a more popular transaction tool.
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January 05, 2019, 03:47:05 AM
 #18

That is a very long time. We cannot predict what will happen. But the situation in 2029 will definitely be much better, this is because of the increasing number of cryptocurrencies and therefore the price of Bitcoin can be much better than at present.

I am optimistic that the price of Bitcoin can reach a high level, but everything can happen so quickly. we just follow the flow and we try to hope that in the future the era of cryptocurrency will be fully supported by the government.
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January 05, 2019, 04:03:37 AM
 #19

Its quiet great that you want people to share their ideas with regard to the future of Bitcoin in 2029 but I don't think sharing such ideas is really necessary looking at the current state of the crypto ecosystem. It will be very good if people focused on how we can improve the current state of Bitcoin and how to get people to understand the visions and missions behind the development of Bitcoin. The world will be much better if people really understood these visions and missions. 

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January 05, 2019, 04:41:13 AM
 #20

BTCBITCOIN's 10th birthday just happened. So after 10 years from here BTCBITCOIN will 20 years old. So how BTCBTC will be in 2029? Let's share ideas...  Wink Wink Wink
Bitcoin will be there and I'm sure of that. I hope every government can adopt bitcoin well so that it can be used by many people. At this time, everyone has known about bitcoin, especially in my country they already know bitcoin (as digital currency) but when I ask to them the reason for not having bitcoin is the government, they are still waiting for the government's decision so that bitcoin has clear legality. Maybe the government can fix bitcoin well, I don't question the function of bitcoin as a payment system, the government can just set bitcoin with an option as an alternative payment system or they can confine the use of bitcoin, I guess that's not a problem.
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