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Author Topic: Bitcoin 10 Years From Now  (Read 3060 times)
joelsamuya (OP)
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October 02, 2019, 02:26:40 PM
 #1



We know that Bitcoin celebrated its 10th year anniversary this year and for the past many years so many things had happened especially with the birth of this new and trending cryptocurrency industry. In a short period (as compared to the fiat currencies we have around) of time, Bitcoin  was able to achieve many things. Yes, Bitcoin is not perfect and maybe it will never be but with its accomplishments at hand, we have a lot to celebrate actually.

Now, Bitcoin is starting its journey for the next 10 years. There are many challenges and maybe even negative developments that can severely affects its viability but at the end of the day I am sure that Bitcoin can be able to weather them all.

How do you see Bitcoin 10 years from today?
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October 02, 2019, 02:33:15 PM
 #2

Yeah! and it's an old news now :-p
Good to see you woke up /s
How do you see Bitcoin 10 years from today?
No one knows unless they are from 10 years back from the future :-D



 
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October 02, 2019, 02:56:11 PM
 #3



We know that Bitcoin celebrated its 10th year anniversary this year and for the past many years so many things had happened especially with the birth of this new and trending cryptocurrency industry. In a short period (as compared to the fiat currencies we have around) of time, Bitcoin  was able to achieve many things. Yes, Bitcoin is not perfect and maybe it will never be but with its accomplishments at hand, we have a lot to celebrate actually.

Now, Bitcoin is starting its journey for the next 10 years. There are many challenges and maybe even negative developments that can severely affects its viability but at the end of the day I am sure that Bitcoin can be able to weather them all.

How do you see Bitcoin 10 years from today?
The longer the life span of something exists, the longer its life expectancy. Since bitcoin has been existing for 10 years, it can last for another ten years or more. Bitcoin keeps on increasing for there around 17,351,287 bitcoins existing to be exact and every ten minutes there are twelve and a half of its count are being created. There are also predictions and calculations that bitcoin inflation could worth up to more than $1 million within 10 years and if bitcoin happened to survive for longer than 10 years, the increase will continue and will keep on evolving.
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October 02, 2019, 03:13:51 PM
 #4

After 10 years, I see bitcoin completely different and incredibly expensive. Perhaps bitcoin will not be the most popular but still the world currency
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October 02, 2019, 03:18:31 PM
 #5



We know that Bitcoin celebrated its 10th year anniversary this year and for the past many years so many things had happened especially with the birth of this new and trending cryptocurrency industry. In a short period (as compared to the fiat currencies we have around) of time, Bitcoin  was able to achieve many things. Yes, Bitcoin is not perfect and maybe it will never be but with its accomplishments at hand, we have a lot to celebrate actually.

Now, Bitcoin is starting its journey for the next 10 years. There are many challenges and maybe even negative developments that can severely affects its viability but at the end of the day I am sure that Bitcoin can be able to weather them all.

How do you see Bitcoin 10 years from today?

This should probably be appropriate in the Speculation board.

No doubt that it still be the king of crypto.

Probably LN is already adopted and we might see online and offline stores accepting BTC as mode of payment.

But I'm seeing that many governments around the world is still divided about bitcoin and crypto in general.

And as far as the price goes, six digits is not that bad,  Grin



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October 02, 2019, 03:28:22 PM
 #6

After 10 years, I see bitcoin completely different and incredibly expensive. Perhaps bitcoin will not be the most popular but still the world currency
What do you mean by "completely different"?  Bitcoin will still be the same bitcoin 10 years from now and will be the same cryptocurrency. The only thing that I think will changed about the bitcoin is obviously the price, because I am sure that in future there will be more investor and user of the bitcoin as mode of payment or even exchange.
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October 02, 2019, 03:32:15 PM
 #7



We know that Bitcoin celebrated its 10th year anniversary this year and for the past many years so many things had happened especially with the birth of this new and trending cryptocurrency industry. In a short period (as compared to the fiat currencies we have around) of time, Bitcoin  was able to achieve many things. Yes, Bitcoin is not perfect and maybe it will never be but with its accomplishments at hand, we have a lot to celebrate actually.

Now, Bitcoin is starting its journey for the next 10 years. There are many challenges and maybe even negative developments that can severely affects its viability but at the end of the day I am sure that Bitcoin can be able to weather them all.

How do you see Bitcoin 10 years from today?
This should probably be appropriate in the Speculation (https://bitcointalk.org/index.php?board=57.0/) board.

No doubt that it still be the king of crypto.

Probably LN is already adopted and we might see online and offline stores accepting BTC as mode of payment.

But I'm seeing that many governments around the world is still divided about bitcoin and crypto in general.

And as far as the price goes, six digits is not that bad,  Grin



I agree that the price can reach a six-digit amount. There will be lots of things that will happen in the crypto world in the span of 10 years. The number of people who will recognize the usage of bitcoin will be doubled or even tripled. There will be more convenience in purchasing products since almost everything can be done with just a few clicks.

But, yes, some countries will still be having difficulties in fully adopting it. Maybe there will be some that will treat bitcoin as illegal or banned to use. The good thing we can expect is bitcoin will still continue to rise after 10 years, and nothing can stop it to happen.
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October 02, 2019, 03:45:06 PM
 #8



We know that Bitcoin celebrated its 10th year anniversary this year and for the past many years so many things had happened especially with the birth of this new and trending cryptocurrency industry. In a short period (as compared to the fiat currencies we have around) of time, Bitcoin  was able to achieve many things. Yes, Bitcoin is not perfect and maybe it will never be but with its accomplishments at hand, we have a lot to celebrate actually.

Now, Bitcoin is starting its journey for the next 10 years. There are many challenges and maybe even negative developments that can severely affects its viability but at the end of the day I am sure that Bitcoin can be able to weather them all.

How do you see Bitcoin 10 years from today?
10 years is a short period of time. And indeed, Bitcoin achieved a lot through the years. It's hard to predict what is going to be with Bitcoin in 2029 because we don't know what the world will be like. I think it's very likely that the price of Bitcoin will be significantly higher, something over $100k by then. Perhaps, some other off-chain solutions will be developed for small transactions, or there will be significantly higher popularity of the Lightning Network. For if Bitcoin gets more popular and people perform way more transactions with it, the confirmation time and fees will be a very serious problem. This can actually even prevent Bitcoin from even reaching more fans than it has nowadays.

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October 02, 2019, 03:49:31 PM
 #9


Probably more than the current price?

10 years is a long way though, a lot could happen between from then on. When the number of people who are using crypto currency is going to increase exponentially, BTC price and all the rest of the coins will probably do too. Blockchain is constantly getting attention so its definitely live long.

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October 02, 2019, 04:01:52 PM
 #10



We know that Bitcoin celebrated its 10th year anniversary this year and for the past many years so many things had happened especially with the birth of this new and trending cryptocurrency industry. In a short period (as compared to the fiat currencies we have around) of time, Bitcoin  was able to achieve many things. Yes, Bitcoin is not perfect and maybe it will never be but with its accomplishments at hand, we have a lot to celebrate actually.

Now, Bitcoin is starting its journey for the next 10 years. There are many challenges and maybe even negative developments that can severely affects its viability but at the end of the day I am sure that Bitcoin can be able to weather them all.

How do you see Bitcoin 10 years from today?
Maybe in the next 10 years, bitcoin will be fully develope which all the countries in the world will now use it like real money and they will legalize all cryptocurrencies and even it faces more challenges just like dump price it will still have a great future. Do you think the price of bitcoin will not increase in the next 10 years? because for me in that long time maybe the price of bitcoin will range to 50,000$ or to 100,000$ and this price is just my prediction but still, it is possible that bitcoin will reach this price.

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October 02, 2019, 04:02:48 PM
 #11

After 10 years, I see bitcoin completely different and incredibly expensive. Perhaps bitcoin will not be the most popular but still the world currency
I expect a lot from Bitcoin, but I do not think that in ten years it will be too expensive in its price. Cryptocurrency is developing very quickly now and we can’t even predict what will happen to it in this time. Since there are a lot of types of cryptocurrency, Bitcoin will inevitably lag behind in its functionality. In ten years, bitcoin can have a very high price as a rarity and museum exhibit. If it will not be improved along with another cryptocurrency, then it will most likely be used infrequently as a means of payment, more when making expensive transactions.
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October 02, 2019, 04:05:44 PM
 #12



I am not good in predictions and we know that most predictions on Bitcoin even by people who are supposed to be experts can be way out of market realities. Honestly, nobody can be sure about Bitcoin within another span of 10 years. Will it be finally playing its role as a currency or medium of exchange with maybe around a billion of people or will it just be another footnote in the continuing saga of human development? Well, all I can say is that I am wishing that all the positive things we are dreaming for Bitcoin can come true especially for the holders and believers.
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October 02, 2019, 04:12:45 PM
 #13

Ten years will be a long time to know about what will going on with bitcoin. But for sure, the price will be at the very highest price and in that year, many people are using bitcoin too. If that is true, then we will see bitcoin will give benefits for people who invested bitcoin from now on, and they will see the increasing of their money from investing in bitcoin.

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October 02, 2019, 04:17:20 PM
 #14

Bitcoin is looking bright on the long term from my both fundamental and technical analysis, but we can never know what could happen in a 10 years period don't we? Many people say that quantum computers will present a major problem for Bitcoin, but I see quite the contrary. Through consensus we can change the mining algorithm to quantum-resistant only. I believe that as Bitcoin jumps more and more hurdles the trust in the network will increase accordingly therefore the intrinsic value of Bitcoin.

I don't want to make price predictions but $100k is an easy target in my opinion.
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October 02, 2019, 04:48:51 PM
 #15

From now till 10years time, I see a massive adoption of the bitcoin and its underlying technology the blockchain. I equally expect the price to have grown far past expectations. We are lucky to have known bitcoin today.
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October 02, 2019, 04:50:53 PM
 #16

In 10 years from now, the price of Bitcoin will be over 1 million.
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October 02, 2019, 05:02:05 PM
 #17

It's too far to see bitcoin in the next 10 years because no one knows what will happen in the next 10 years and all is just hopes and predictions that don't necessarily happen.
and there are many choices for bitcoin in the next 10 years, whether bitcoin will rise to the highest price from the previous price or vice versa, and there may also be a substitute for bitcoin positions or it could also disappear.
yes whatever the reason I always hope that everything is good for bitcoin and will always develop well and the price will continue to rise.


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Chrystora123
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October 02, 2019, 05:08:02 PM
 #18

After 10 years, I see bitcoin completely different and incredibly expensive. Perhaps bitcoin will not be the most popular but still the world currency
what do you mean unpopular, since the Bullish in 2017, Bitcoin has become popular and is known because it is reportedly spread in all media.

From now till 10years time, I see a massive adoption of the bitcoin and its underlying technology the blockchain. I equally expect the price to have grown far past expectations. We are lucky to have known bitcoin today.
we are lucky to know Bitcoin today,  in the next 10 years..  I don't think that Bitcoin will be adopted in bulk because Bitcoin in the next 10 years will become precious jewelry like diamonds, but Cryptocurrencies and Blockchain Technology will be adopted in bulk in the next 10 years.

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October 02, 2019, 05:15:33 PM
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10 years from now (2029) Bitcoin will have a block reward of 1.5625‬, possibly adoption is gone to the roof due to the start-ups and regulation created today taking shape and already flourishing.  (The Idea excites me and urges me to buy BTC at any of today's price level).  I can see scaling will be solved, and Bitcoin will implement a QC proof security.  Probably there will be another SF or HF for security reason. And Bitcoin will prove Warren Buffet opinion about Bitcoin wrong.
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October 02, 2019, 05:29:47 PM
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Bitcoin could make up 10 percent of the $5 trillion average daily volume in the foreign exchange market in 10 years, according to Saxo Bank analyst Kay Van-Petersen.In December, Saxo Bank published its annual report called “Outrageous Predictions” with one of the forecasts calling for bitcoin to hit $2,000 in 2017. At the time the note was published, bitcoin was trading at around $754, so the target price represented a 165 percent rise. Bitcoin hit $2,000 on May 20. Van-Petersen is assuming cryptocurrencies in general – not just bitcoin – will account for 10 percent of the average daily volumes (ADV) of fiat currency trade in 10 years. Foreign exchange ADV currently stands at just over $5 trillion, according to the Bank for International Settlements.
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