Future of Bitcoin

[Autumn_Rain]

I agree with you. I also think that crypto and blockchain will develop and evolve, however I don't think bitcoin will always hold the first position. You are right it's somewhat of a forefather of cryptoverse but some day it will become more of a legend, more of a trophy. It does not mean the price will drop, quite the opposite, but I don't think BTC will become a full medium of exchange.

[Kemarit]

I don't think that bitcoin will replace fiat currency, because there are still many people who don't understand cryptocurency, but I assume if bitcoin will lead the beginning of human beings with a transparent

There's no one saying that any crypto will replace fiat though. Fiat won't go obsolete, so we should learn to take advantage of both systems and there should be no argument about crypto taking the place of the old and traditional fiat system.

As far as the future, everyone say's that it has a good future. It's a revolution that has existed for the last 10 years and will continue to go on, regardless of the negatives people throwing at it. Yes, the bubble has been burst and yet people are still behind it either as medium of payment or store of value (SoV).

[denzkilim]

bitcoin is constantly improving and evolving, and so far it has been the best cryptocurrency that has been created because it is at a balance between all the features. it is not going all out on one thing to sacrifice everything else. like having faster transactions without decentralization.

of course like any technology it has only so much to improve but we have at least another 50 to 80 years before we see something that can beat bitcoin in its game.

You have a point about that, sacrificing the decentralization with a faster transaction is not a good idea in my opinion because Bitcoin is decentralized and no one controls it but the majority of the people hodling it determines its value. As what I see, the future of Bitcoin will be awesome even there is a lot of negativity spreading all over the crypto space I am still optimistic and will still believe in Bitcoin's technology and progress to the following years ahead. That 50 to 80 years is so long but I guess it those years the technology had grown dramatically and the usage of paper money could be at minimal because the majority of the people is using Digital type of currency or Crypto Currencies.

[Cofee.BLUE]

The future of bitcoin is very bright. Because people of all over the world involving themselves in online virtual currency, they are interested in using Bitcoin as their daily purposes. Shopping, shipping, travelling, marketing, trading, gambling, online casino are managed by Bitcoin and others online virtual currency.

Indeed! as you can see the price of bitcoin it is so much far from its price about 4 -5 years ago meaning there is really an significant development for bitcoin plus the countless adaptation from different big named companies around the globe. There is really a bright future not just for bitcoin but the whole blockchain system and its covered matters.

[Magkirap]

The future of bitcoin is very bright. Because people of all over the world involving themselves in online virtual currency, they are interested in using Bitcoin as their daily purposes. Shopping, shipping, travelling, marketing, trading, gambling, online casino are managed by Bitcoin and others online virtual currency.

We are not sure there will be a bright future in bitcoin because as of now many people already lose their hope. Even bitcoin have multiple uses there is no assurance that it will have bright future. If we want to have bright future of bitcoin we need to support it until it is accept by all countries and government.

[Pursuer]

this is just another newcomers who has been misled by the empty promises that the altcoin pumpers had made him. you see when newbies enter this market they encounter a big wave of advertisement that is overselling a useless product called "altcoins" then they slowly start believing in their lies whereas if you bother looking at any of these projects and analyze them you can see that none of them have any kind of advantage as they all promise. in fact many of them are severely flawed.
you don't even have to know any kind of programming or be an expert in blockchain technology, about 80% of the altcoins will be clearly shitcoins only if you download their wallets and send/receive some coins.

[KingScorpio]

3. Decentralization, the best argument for Bitcoin is the decentralization. But it can also be used against the Bitcoin. Because it isn't as decentralized as it should. 5 Pools would have more than 51% of the total hash rate. It sounds not real, that they would do a 51% attack on BTC, but nobody says that it won't happen in the future.

ohm well the creation of a centrally contrlled cryptocurrency index has nothing to do with decentralisation its, just a powergrab by the bitcoin founders.

bitcoin is more central then the central banks that have at least democratic humanist controll.

bitcoins indexation system that keeps it higher than other cryptocurrencies, has a very very central structure, so there is no point talking about decentralisation when talking about bitcoin, cause its not.

[Paglamon]

We should realize that,  bitcoin is the key to success in life.we cannot even think of our life without bitcoin. Bitcoin  going to end up then the world will fall in acute poverty and people will lead very unhappy and miserable life in near future if it is not controlled. So bitcoin is future.                  

[BrewMaster]

bitcoin is constantly improving and evolving, and so far it has been the best cryptocurrency that has been created because it is at a balance between all the features. it is not going all out on one thing to sacrifice everything else. like having faster transactions without decentralization.

of course like any technology it has only so much to improve but we have at least another 50 to 80 years before we see something that can beat bitcoin in its game.

You have a point about that, sacrificing the decentralization with a faster transaction is not a good idea in my opinion because Bitcoin is decentralized and no one controls it but the majority of the people hodling it determines its value. As what I see, the future of Bitcoin will be awesome even there is a lot of negativity spreading all over the crypto space I am still optimistic and will still believe in Bitcoin's technology and progress to the following years ahead. That 50 to 80 years is so long but I guess it those years the technology had grown dramatically and the usage of paper money could be at minimal because the majority of the people is using Digital type of currency or Crypto Currencies.

i chose 50 to 80 years because like any other technology there will always going to be a better version of it eventually so it is safe to assume some day we will see a better alternative. but at the same time we have to consider that fact that bitcoin itself is brand new still and on top of that it is also changing and improving. so it won't happen anytime soon.

[alina345]

Everyone seems to be concerned with bitcoin future more than anything else. Well, bitcoin was never stable and it has shown fluctuations in the past as well. In Aug 2011, the value of bitcoin fell down by 57% in just three days and people thought bitcoin is going to end soon. It came back to its peak value in 2017. Though it is extremely volatile right now, there are chances of it getting back to normal. I think it will keep fluctuating in the future as well because it is not a stable coin. People who think that it will turn into real currency are extremely mistaken. This is not going to happen anytime soon but its the best way for people to invest and earn a profit.

[Ridwan Fauzi]

<.......>

So, what is your choice if you don't choose bitcoin as a coin who will replace?

And I just curious when someone who have high motivated for cryptocurrency replace money fiat using. Whereas anyone can use both simultaneously in their live, including you. Because untill know we need fiat, seriously. Cryptocurrency was suitable to be use as investment place or a place to get profit just look the movement cryptocurrency price in a few years back till now, whilst money fiat can be used as a transactions tool because have previous functions and the government strongly recommends using money fiat to be used in all transactions.

[Yamifoud]

The future of bitcoin is very bright. Because people of all over the world involving themselves in online virtual currency, they are interested in using Bitcoin as their daily purposes. Shopping, shipping, travelling, marketing, trading, gambling, online casino are managed by Bitcoin and others online virtual currency.

I believe that indeed the future of Bitcoin will be bright again. because everyone is already involved, and the longer the development of bitcoin will certainly increase with time. so we certainly have to believe and believe that bitcoin will forever not be like this.

You have a strong faith body.
It is the community who can decide what will be the possible future for bitcoin cause we are the persons who are greatly involve for its huge development. Hope everyone will think positive and will continue to give support for these.  That's the only thing that could help for it's development and stay on there side.

[iqlimasyadiqa]

The future of bitcoin is very bright. Because people of all over the world involving themselves in online virtual currency, they are interested in using Bitcoin as their daily purposes. Shopping, shipping, travelling, marketing, trading, gambling, online casino are managed by Bitcoin and others online virtual currency.

I believe that indeed the future of Bitcoin will be bright again. because everyone is already involved, and the longer the development of bitcoin will certainly increase with time. so we certainly have to believe and believe that bitcoin will forever not be like this.

there will be a significant progress in the world currency system and digitalization is the most attractive thing. Bitcoin provides many of our views, by seeing its benefits, Bitcoin has a myriad of benefits for its users. the speed of transaction and the security of transactions that we do will be such a big attraction. there will be more people using bitcoin in the future and that is a very promising thing.

[Finestream]

The future of bitcoin is very bright. Because people of all over the world involving themselves in online virtual currency, they are interested in using Bitcoin as their daily purposes. Shopping, shipping, travelling, marketing, trading, gambling, online casino are managed by Bitcoin and others online virtual currency.

I believe that indeed the future of Bitcoin will be bright again. because everyone is already involved, and the longer the development of bitcoin will certainly increase with time. so we certainly have to believe and believe that bitcoin will forever not be like this.

You have a strong faith body.
It is the community who can decide what will be the possible future for bitcoin cause we are the persons who are greatly involve for its huge development. Hope everyone will think positive and will continue to give support for these.  That's the only thing that could help for it's development and stay on there side.

Right.I agree.We need to have a stronger faith on bitcoin despite of its decreasing value nowadays,still we should help to promote it so that more countries will be able to adopt and legalize bitcoin and utilize it as their own currency.I think there are still more years to go and more rooms to grow for bitcoin.We just have to trust bitcoin and believing that it will soon to be a global currency in the future.

[Escf4]

The future of bitcoin will not rely on bitcoin itself or its popularity , the big support and trust of the people ,the customers and investors to the bitcoin and this cryptocurrency ,will determined its faith and fortune , with the real support of the different stake holders for bitcoin , means it will be the fall, the fate of bitcoin is from the strong support of userof bitcoin.

[xabre]

My opinion about bitcoin at the future will be more success and have higher price, how ever when you see bitcoin at lower price right now, never worry and keep hold your bitcoin because speculative price is usually happen at bitcoin, its not the first time bitcoin at lower price, we still remember when China banned bitcoin and make price down, but just few months later bitcoin come back to the higher price and have stronger support from investor.

[Blockchainer06]

Many people want Bitcoin to go up. The reason is very simple. In the process of Bitcoin's rise, their own Bitcoin will become appreciated, so they can make money from it. However, one problem we have to consider is that if Bitcoin wants to become a so-called world-class currency, then it must become popular, not say. The higher the price, the better, but to allow more people to participate in Bitcoin, so that the concept of Bitcoin's so-called world currency can be implemented, then the future of Bitcoin, will not continue to be sky-high price and benefit, gradually return to a rational state, so that many people can participate in Bitcoin, that is the real purpose, the more audience groups, for Bitcoin. The future development of special currency can have better development potential. Otherwise, the so-called future prospects belong to a false phenomenon.

[budi691]

the current situation is quite troubling, Bitcoin owners and users are starting to feel bored with the value of bitcoin which is not moving forward significantly, but what should be praised, the enthusiasm of crypto lovers does not fade. it seems that it keeps increasing, it indicates that the future of bitcoin can still look good, of course with optimism.

[Elqui]

We all really don’t know what is the future of bitcoin is, but we all have the power to make it big in the future, we all need to think of something for bitcoin to be recognised all over the world so that the people all over the world will also use it for their everyday lives. Maybe we should advertise it more or we have to use it for everyday life. In my case, i use bitcoin for having my cellphone load.

[jerrison]

the future of finance is always a thing people do not want to discuss under the topic called "evolving technologies" as it tends to override the already existing financial structure setup by institutionalised agencies and regulated bodies both locally and internationally. but the truth be told today, Cryptocurrency is the future.