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Author Topic: The Next 10 years of Bitcoin?  (Read 644 times)
BitcoinLegends (OP)
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June 26, 2021, 06:27:02 PM
Merited by Symmetrick (1)
 #1

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

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June 26, 2021, 06:36:02 PM
 #2

it is hard to say where the price will be in ten years, but since BTC is programmable network, one thing than we know for sure is that we will have at least two halvings in February/March 2024 and around 2028 new year, maybe there will be another within ten years, but as far as it is realistic, third is planned for late 2031, so out of ten year plan

each will bring mining reward to half, so there will be around 450 BTC rewards per day in 2024, and around 225 BTC rewards per day in 2028, at the end of 2031 that will be at 112.5 BTC per day, scarcity at its finest

that will also bring network security down, or transaction fees should go up (for security level to stay the same), at the moment - $1.5M daily fees and $30M in block reward, just 5% miner reward is coming from transaction fees
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June 26, 2021, 06:47:07 PM
Merited by Symmetrick (1)
 #3

30 years ago people got introduced to the internet, today all business is being contacted with an internet site. you get into tax office, you get your vaccine programmed, you pay your tickets you book your hotels everything digital. same will happen to money, fiat will exist for some years and some more in less developed countries but its like the credit or debit cards...15years ago in europe common but not everywhere...now you can go everywhere without cash. so digital money will expand. the more people use it the more it will cost to use it and pay for it, so it will rise for sure.
depends on how long you can keep it.
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June 26, 2021, 07:01:52 PM
 #4

We will likely see a $1 Million BTC price by then.



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June 26, 2021, 07:15:36 PM
 #5

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

As a picture i brought not only the next 10 years but 20 with me. Above all, sustainability will be a major issue in the future.Green Bitcoin have to be mined and are already being generated. Power consumption is also a big issue. Bitcoin will continue to be accepted as a means of payment if it is made with sustainable energy.


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June 26, 2021, 07:24:17 PM
 #6

Bitcoin will definitely be around, Core development will continue and general adoption
will continue from here, especially as Bitcoin survives more price upswings and corrections.

Price however could be anything upwards of todays price.

Bear in mind that by 10 years time we will already have had another 2 halvings so supply
and demand will certainly be a factor in valuing Bitcoin

R


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June 26, 2021, 07:53:30 PM
Merited by Felimon (2), Symmetrick (1)
 #7

in my opinion bitcoin in 2009 was just a coin with very small value and very few people knew about it, up to now bitcoin has increased to a dizzying number of 60 thousand dollars, 10 years from now no one can be sure of one thing. compared to what bitcoin has grown to date, that's almost an amazingly disciplined growth figure. But most investors today a lot of people believe and hold bitcoin because they believe that in the future bitcoin will bring a lot of profit. If bitcoin doesn't exist in 10 years it will be very difficult because everyone wants it to grow.
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June 26, 2021, 08:03:48 PM
 #8

Bitcoin will survive another decade. The on/off ramps will be way more regulated. Mining will be forced to get much greener. New "next bitcoin" coins introductions will slow down. Scammers will move on to the next thing. Overall I think the bitcoin sphere will be a less erratic and cleaner place in 10 years time. 1 BTC = 1 BTC
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June 26, 2021, 10:17:43 PM
 #9

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

It is very difficult to say whether the future is good or not. Because we never know what the market will look like, sometimes it can go up quickly or vice versa, drop drastically and take a long time to rise. But I'm still very sure that one day bitcoin will still have a very good future, seeing the current trend, which has a little understanding and chooses to invest with bitcoin. I hope the 2 yrs of Bitcoin song has come a month again.
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June 26, 2021, 10:24:54 PM
 #10

In the next 12 years, there will be 3 halvings, so it means that "almost all bitcoins" are mined that time. So used your imagination and see what will be the price that time because bitcoin are going to be scarce and obviously, the law of supply and demand will play a big role here.

So we might be in the 6 digits in the next 10-12 years and obviously, it will stood the test of time. Just a matter of what we are going to do today so that our future with the help of bitcoin will be secure and we will enjoy financial freedom.

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June 26, 2021, 10:28:48 PM
 #11

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

Definitely, if we have survived the first ten years, then I think that next will be in stride. So survival of bitcoin depends on us, so if individuals like you and me still support it, then we can outlined those anti-bitcoin, perma-bears and no-coiners.

For the price, $100k might be minimum, of course the exponential growth will have to slow-down, but if adoption continues to grow and more countries and huge companies and online stores started to accept bitcoin then we will have a good chance to see that price.

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June 26, 2021, 11:35:22 PM
 #12

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

I notice that the dominance is decreasing this is something to be always aware of when we are moving every year, last year dominance is very high but other coins keeps developing and covering grounds, in the next ten years there will be a lot of projects stepping up and Bitcoin's dominance will further decrease.
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June 26, 2021, 11:48:15 PM
 #13

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

Definitely, if we have survived the first ten years, then I think that next will be in stride. So survival of bitcoin depends on us, so if individuals like you and me still support it, then we can outlined those anti-bitcoin, perma-bears and no-coiners.

For the price, $100k might be minimum, of course the exponential growth will have to slow-down, but if adoption continues to grow and more countries and huge companies and online stores started to accept bitcoin then we will have a good chance to see that price.

I think, bitcoin will still survive in the market for the next coming years. As companies and countries are just starting to realize the benefits of crypto in their system, it means, the lifespan of crypto in the market will thrive. Adoption is still increasing, so that means bitcoin or crypto will not die anytime soon. Based from the moving average chart of btc, we have a very positive upward movement in the coming years. So this is interesting if that will indeed happen.
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June 27, 2021, 03:50:38 AM
 #14

Don't know what to expect and I don't want to expect anything because I don't want to fantasize on things that won't have any chance of happening. I think that the only way to do it is to stick to bitcoin and stay on the industry for 10 years and see what's going to happen next, I think that's the only way to do it.

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June 27, 2021, 03:52:32 AM
 #15

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

Bitcoin survived for more than 11 years so what is another 10 years? if the price reached more than 64,000 in the last  11 years so then in 10 years? it can break more than a million dollars lol.
Bitcoin will survive another decade. The on/off ramps will be way more regulated. Mining will be forced to get much greener. New "next bitcoin" coins introductions will slow down. Scammers will move on to the next thing. Overall I think the bitcoin sphere will be a less erratic and cleaner place in 10 years time. 1 BTC = 1 BTC
Indeed mate, this will take another more than 10 years or more.

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June 28, 2021, 07:41:35 AM
 #16

Quote
Will Bitcoin survive ?

You asked this question and I ask, why will bitcoin not survive  Grin Huh You are a bitcoinlegend and you should know.

Before the future 10 years to come, bitcoin has survived past 10-11 years ago.The early years when bitcoin was below a dollar and when Laszlo Hanyecz used 10,000 bitcoin to buy mere pizza was the teething stage for bitcoin not anymore.


https://news.bitcoin.com/10000-financial-institutions-customers-buy-sell-hold-bitcoin-bank-accounts/

Now the banks are beginning to look into the option of bitcoin in transactions and also more bitcoin ATM are springing out in America. You see that with all that bitcoin is not going anywhere. Grin

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June 28, 2021, 09:00:25 AM
 #17

In 10 years Bitcoin price will probably be approaching $1 million. There will be between a billion and two billion people who own Bitcoin. The people who scream about it being a fraud or ponzi or scam and those who say it's gonna crash down to zero will all be gone. It will be normalized. It'll be a popular corporate treasury holding, probably some central banks and governments will hold it as a digital gold. It will probably be legal tender in a dozen or two smaller nations, where it is regularly used to purchase things through the Lightning Network. Financial advisors will finally start to understand what Bitcoin is and it'll be advised that anyone starting out investing should have a few percent in Bitcoin.

There will be far less people trying to convince everyone that there is a "next bitcoin" and that bitcoin is slow and outdated and all that hogwash. The vast majority of bitcoin mining will be done with renewable resources as the western world takes over mining and renewable energy production spreads.

Most people will just hold their bitcoin in their bank account next to their tokenized dollars or whatever other tokenized fiat, and the banks and other central services will use the LN so there will be many hundreds of bitcoin transactions happening each second on top of the 5 or 6 happening on-chain.

Halvings won't have that much of an effect on the market anymore as their significance wanes and Bitcoin never leaves the public eye in the financial world anyway.

Microstrategy will be in the top 10 corporation in the world for largest "cash" on hand thanks to bitcoin's growth.


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June 28, 2021, 09:55:33 AM
 #18

I think BTCUSD will never vanish from this planet again. It becomes more and more important to many ppl and it offers very much potential for both sides, Good and Evil. One person might use it for money laundering, the next one might use it to pay another one for a service or anything. The only thing that could possibly stop BTC, imho, is a full collapse of the global internet. Will BTCUSD ever be the most powerful currency in the world? Who knows... BUT: the younger generations are very different from what the older is. Back in the days it was about smoking chimneys and bigger better faster... Nowadays its about recycling, green products, renewable energy, cleaning the oceans and so on. So why not completely get rid of banks at the same time? They say BTC is a waste of energy. Look at what ridicules amounts of energy are used for Banks! All the offices, all the ppl driving to work, polluting the air, and then there are so many banks, all doing basically the same...?! Why not switch to cryptos, and lessen the total amount of energy wasted in the global finance market... Just a thought...
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June 28, 2021, 10:44:34 AM
 #19

You will be what your username is after 10 years and by that time, we're all millionaires. Although it is uncertain what lies in the future but this is probably what the people have been thinking 10 years ago.

And where we are right now is amazing. Whatever the price will be, I'll keep holding until I'm satisfied to sell a few.



.
.BIG WINNER!.
[15.00000000 BTC]


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June 28, 2021, 12:42:35 PM
 #20

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

...

deep in my heart, I am 1000% sure Bitcoin will continue to survive from whatever it is...

Actually your question is classified as 'low' but to be more convincing for you then I give a little opinion. The Bitcoin community has been very strong from year to year, there will even be more countries that recognize Bitcoin as a legal tender. don't doubt about the future of Bitcoin, BTC will continue to survive.



BIG WINNER!
[15.00000000 BTC]


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