Bitcoin Prophesy

[Luzin]

Acceptance of Bitcoins World wide is a good thing. It increases the number of stores who are going to accept bitcoins as a form of payment and the number of investors. The more people know about bitcoins the more people want to own them.

If I look at the development, at the moment it may be that the expectation of accepting bitcoin as a payment continues to grow even though it is still limited due to regulation. Maybe in the future there will be other policies, I hope it does not make dead the development of bitcoin and other crypto. In fact I also do not expect great acceptance of Bitcoin as a means of payment. Currently the existing regulations already exist in my country just as an asset has made me happy. But some new issues have also arisen, blocking unregistered outside exchange ip addresses. This issue made my browsing to exchanges limited.

[amishmanish]

--snip--
 At this time, Bitcoin and other cryptocurrencies are not going to be a big deal anymore. No one will care about whales and sharks manipulating the market prices because there will be sophisticated systems put in place that serve as buffers.  It’s going to be like having a dollar or your local currency. Everyone will have it no matter how little.

God, Why do new posters have to type everything in one bunch. Use paragraphs man. All it takes is the "Enter" key on your keyboard. Also, what is this deal about "Sophisticate systems in place that serve as buffers".

Whales and sharks manipulate markets everywhere. They are also free-market players acting out of their own self-interest. Sure an anonymous, unregulated market does give them a free hand. Despite this, crypto communities have been good at self-policing. The scams and manipulation is continuing to be a problem but if we need centralized actors to solve that, then this whole thing may as well be the same as banks.

When Satoshi created bitcoin, it was meant to be a P2P currency that can lead to free trade among individuals. It has now evolved to be a currency and a form of money by itself. Currency is the lifeblood of international trade and economy and that is the role that Bitcoin can potentially fulfill better than traditional currency. Apart from that, the transparency make it one of the best ways to manage public funds. Like why isn't the UN already using it, I'll never understand.

Bitcoin needs no prophets and prophecies. Its just a system that gives hope for a better future, a more connected and informed mankind which is aware of the importance of privacy and security. That is how it needs to be looked at, rather than some sort of magic pill for all our pains.

[suzanne5223]

This reminds me of the President of  El Salvador's prediction about more countries to legalize Bitcoin though I don't if he's already in talk with the countries President or not but I believe all his statements and the OP are words of optimism. Meanwhile, we also need to be realistic though Bitcoin will gain more awareness, integration, and support from the government but not as much as we think.

Who will listen to him? other president has their own stand and if there is some president that they will going to listen then that would be the superpower countries stand towards bitcoin and not just a low economy country like EL Salvador .

You make a point. However, I am not talking about some country government or President listening to him but I am talking about the President of some countries who are scared of legalizing Bitcoin going to him for tips and seeing the revenue of the country after they acknowledge Bitcoin as currency.
I believe this is what happen when he predicted more countries to legalize Bitcoin.

[Kasabus]

Acceptance of Bitcoins World wide is a good thing. It increases the number of stores who are going to accept bitcoins as a form of payment and the number of investors. The more people know about bitcoins the more people want to own them.

If I look at the development, at the moment it may be that the expectation of accepting bitcoin as a payment continues to grow even though it is still limited due to regulation. Maybe in the future there will be other policies, I hope it does not make dead the development of bitcoin and other crypto. In fact I also do not expect great acceptance of Bitcoin as a means of payment. Currently the existing regulations already exist in my country just as an asset has made me happy. But some new issues have also arisen, blocking unregistered outside exchange ip addresses. This issue made my browsing to exchanges limited.

As the growth of bitcoin's adoption has been more visible, its also expected that there will be more strict policies that the government will impose for all those bitcoin users and even secret investors. I guess this is just their way of stopping bitcoin to conquer the whole world, but i guess no matter what they do, bitcoin and other strong cryptos occurrence are now becoming inevitable. I just hope as the world gets more digitalized, the government itself will be more open minded that bitcoin is here to create positive changes and not to replace fiat totally.

[lixer]

It’s not going to be like where everybody in the world are crazy about Bitcoin just because they are seeing their friends are making use of it, or maybe they just like it and they voluntarily decided to start making use of it. No, it’s not going to be that way.

Yes, for sure there would be lots of people who would develop interest and there will also be those who will make use of it because they see their friends making use of it. But, let’s not forget that not everyone can really develop interest just like that.

Yeah, for some people whatever they don’t like, they just don’t like it, or whatever they don’t have interest in, they just don’t have interest in it and no matter what, they still won’t be interested. It’s just like when Forex trade was new and a trend, I had a lot of friends who were into it, but I still never engaged in it no matter what. So that’s just it, but for sure there would be increase in the number of crypto users, but it’s still not going to be everybody that would make use of it.

[Vaculin]

It’s not going to be like where everybody in the world are crazy about Bitcoin just because they are seeing their friends are making use of it, or maybe they just like it and they voluntarily decided to start making use of it. No, it’s not going to be that way.

Yes, for sure there would be lots of people who would develop interest and there will also be those who will make use of it because they see their friends making use of it. But, let’s not forget that not everyone can really develop interest just like that.

Yeah, for some people whatever they don’t like, they just don’t like it, or whatever they don’t have interest in, they just don’t have interest in it and no matter what, they still won’t be interested. It’s just like when Forex trade was new and a trend, I had a lot of friends who were into it, but I still never engaged in it no matter what. So that’s just it, but for sure there would be increase in the number of crypto users, but it’s still not going to be everybody that would make use of it.

Well, let's admit it, bitcoin may be the trend one of these days, but definitely not all people will be attached on it. Although it will create a wider scope for its users and investors, but not all people are going to use it and invest in it. Simply because, majority of the people have still high confidence using fiat despite of the high inflation, and using bitcoin would only mean a higher risk and will put them in a more complicated situation. More particularly with the old people, i can see that they are not open to new changes anymore.

[adzino]

Soon Bitcoin would not be news or in the news as much as it is today. No, it will not be banned but rather there's it would have garnered so much support and acceptance worldwide. The rich, the poor, the upper-class, the middle class, school kids in kindergarten, the mayors of cities, Presidents, Priests and Clergymen, Imams, and Rabbi would own a satoshi no matter how small. My confidence and hope in this belief grow exponentially every day because the world is moving towards the consciousness and reality of cryptocurrencies. It’s damn hard to ignore. Everyone is talking about Bitcoin on the tv, newspapers, radio stations, the coffee shop, the grocery shop, religious places of worship, strip clubs, casinos, in the North pole, Antarctica, Sahara Desert, the Atlantic Ocean, and everywhere one turn towards. In the end, we’re going to have two types of people. The first type of people will be those who got on the Bitcoin train voluntarily. And those who were “forced” because they had no other choice.  At this time, Bitcoin and other cryptocurrencies are not going to be a big deal anymore. No one will care about whales and sharks manipulating the market prices because there will be sophisticated systems put in place that serve as buffers.  It’s going to be like having a dollar or your local currency. Everyone will have it no matter how little.

Not going to happen anytime soon. Maybe after few decades, but we can't expect that now. And bitcoin and crypto currencies will always be on the news no matter what. Fiat currencies are mainstream now. Everyone uses them. We still see them on the news regularly. You probably skip the economy and finance updates when reading news. They always talk about how the top fiat currencies are performing. Inflation and all other stuffs. And no "sophisticated" system would be put to stop the whales. If bitcoin becomes a mainstream, the number of whales would eventually disappear and we won't be seeing much manipulation.

[tygeade]

My confidence and hope in this belief grow exponentially every day because the world is moving towards the consciousness and reality of cryptocurrencies. It’s damn hard to ignore. Everyone is talking about Bitcoin on the tv, newspapers, radio stations, the coffee shop, the grocery shop, religious places of worship, strip clubs, casinos, in the North pole, Antarctica, Sahara Desert, the Atlantic Ocean, and everywhere one turn towards. In the end, we’re going to have two types of people. The first type of people will be those who got on the Bitcoin train voluntarily. And those who were “forced” because they had no other choice. 

This is like a normal thing that I’m already expecting would happen in the future. As time goes on there would be more and more people who would start adopting Bitcoin.

Even if you are not making use of it, as time goes on you might start seeing a lot of your friends who are making use of cryptocurrency, and you would feel left out because you’re not making use of it, and at some point you would be forced to also start making use of Bitcoin. So that’s just how it is going to be, and like you have said there would be those who voluntarily accepted it, and there will be those who were kind of forced into making use of it because they saw their friends and families making use of it.

[Oasisman]

Soon Bitcoin would not be news or in the news as much as it is today.

Why can you say that? Bitcoin/Cryptocurrency is everywhere currently where there is less than 50% of world adoption, yet you can see it on the news, sports, and movies.
When you say there will a huge mass adoption in the future, then it's more likely to be seen on the news on a daily basis just like how the dollar is fluctuating today.
However, I'm afraid when that time happens most of us here is either very old to handle our crypto investment or worse dead.

[GeorgeJohn]

Soon Bitcoin would not be news or in the news as much as it is today.

Why can you say that? Bitcoin/Cryptocurrency is everywhere currently where there is less than 50% of world adoption, yet you can see it on the news, sports, and movies.
When you say there will a huge mass adoption in the future, then it's more likely to be seen on the news on a daily basis just like how the dollar is fluctuating today.
However, I'm afraid when that time happens most of us here is either very old to handle our crypto investment or worse dead.

Is partially correct because out of seven (7) continents in world, no of the countries at least one (1) of them refused to adopt new innovations of cryptocurrency and especially bitcoin, Bitcoin mostly is in collaboration with fiat currency, so the competition between bitcoin and fiat in terms of exchanges is what really makes Bitcoin to be obvious to the societies and also carried information circulation of it that contribute immensely to the massive adoption to both urban and rural geographical environment of mankind.

[henryvuong]

In the early days of bitcoin, people kept saying it's a scam. Now those same people are rushing to buy.

[peter0425]

This reminds me of the President of  El Salvador's prediction about more countries to legalize Bitcoin though I don't if he's already in talk with the countries President or not but I believe all his statements and the OP are words of optimism. Meanwhile, we also need to be realistic though Bitcoin will gain more awareness, integration, and support from the government but not as much as we think.

Who will listen to him? other president has their own stand and if there is some president that they will going to listen then that would be the superpower countries stand towards bitcoin and not just a low economy country like EL Salvador .

You make a point. However, I am not talking about some country government or President listening to him but I am talking about the President of some countries who are scared of legalizing Bitcoin going to him for tips and seeing the revenue of the country after they acknowledge Bitcoin as currency.
I believe this is what happen when he predicted more countries to legalize Bitcoin.

Like what i mentioned who will listen to him or even ask for Tips from Him when they are not considering Bitcoin as a beneficial for their people ?
and why would they ask for a small country president when they are much bigger and their voices is much appreciated by the world compared to EL Salvador president?
what i mean here is that No way that His world is worth to trust in making significant movement for the crypto market because look after weeks of His delivering , Bitcoin price drops more than what we are looking to increase .

[traderethereum]

In the early days of bitcoin, people kept saying it's a scam. Now those same people are rushing to buy.

They say it's a scam because they do not search for more about bitcoin and the bitcoin investment instead just follow the instruction to send their money to the scammers.
People do not use their best time to buy bitcoin at a low price that has already happened before and decide to buy it when the price increases.
Well, that is their choice and we have our own choice which we will know what we need to do related to the current situations.
If you just follow what they did, you will screw it yourself because you do not search when to enter the market.
Many people can speculate about what happened to bitcoin but they do not know what real thing will happen to bitcoin.

[btc78]

In the early days of bitcoin, people kept saying it's a scam. Now those same people are rushing to buy.

That is part of the process , to have opposition so the product will be proven good and better , if there's no dislikes in the past then do you think this market will progress this far?
the negativity of others helps the popularization if this currencies, I must admit that i am one of those who first thought of this to be scam and i have waited years before trusting this.
so what more of us has the same thoughts that now is completely willing to buy and buy for more?

[FairUser]

In the early days of bitcoin, people kept saying it's a scam. Now those same people are rushing to buy.

We laugh about those processes but what then ~~
There are things worth looking back on, but there are also things that should be put away, the process and the results will always be with us, and we will feel it in many ways.
I don't too care about how people much thought it was before, but now because life has more things to take care of than problems that we complicate ourselves. So focus on what you're doing, ignore the superfluous things

[Finestream]

In the early days of bitcoin, people kept saying it's a scam. Now those same people are rushing to buy.

They say it's a scam because they do not search for more about bitcoin and the bitcoin investment instead just follow the instruction to send their money to the scammers.
People do not use their best time to buy bitcoin at a low price that has already happened before and decide to buy it when the price increases.
Well, that is their choice and we have our own choice which we will know what we need to do related to the current situations.
If you just follow what they did, you will screw it yourself because you do not search when to enter the market.
Many people can speculate about what happened to bitcoin but they do not know what real thing will happen to bitcoin.

There are still those people who hate bitcoin before and up to the present, they remain to be anti bitcoin. And those are the persons who keep speculating that bitcoin will only shut down in the end. But of course, we know the truth so we should just ignore them and continue on our own bitcoin journey.

I can see that bitcoin has definitely a bright future ahead but let's admit it, bitcoin will not be easily adopted globally as its highly volatile and people will surely be confuse if bitcoin will always fluctuate its value. So more likely, it will only be good as an alternative to fiat and i think its main goal is to serve as a currency but not to exceed fiat or making it extinct.

[Ararbermas]

Bitcoin has a freedom and everyone knows about it wherein since from the beginning that a lot of people already have proofs how they can get benefits from it in a simple way. So no one can ignore bitcoin no matter what negative news it is as long as it's still legit amd can guarantee goof return.. Negative feedback isn't a big deal..let's too good to be true...

[amihada]

bitcoin is hard to guess free bitcoin no one has mastered it, still remember when bitcoin could be exchanged for a burger who would have thought bitcoin would be as expensive as now even at that time many said bitcoin was a scam and now bitcoin is proving itself to be the king of other digital currencies.

[Wawa2013]

In the early days of bitcoin, people kept saying it's a scam. Now those same people are rushing to buy.

That is part of the process , to have opposition so the product will be proven good and better , if there's no dislikes in the past then do you think this market will progress this far?
the negativity of others helps the popularization if this currencies, I must admit that i am one of those who first thought of this to be scam and i have waited years before trusting this.
so what more of us has the same thoughts that now is completely willing to buy and buy for more?

I agree Bitcoin can be popular it started because many doubted Bitcoin and quite a lot thought Bitcoin was a scam. But it raises the curiosity of
many people to learn Bitcoin, to make sure if it's really a Bitcoin scam. It turns out that once we know Bitcoin, negative prejudices about Bitcoin
turn into positive ones, because unexpectedly Bitcoin has many benefits. Now the development of Bitcoin is very fast, even in 2021 to be
the best performing asset. So slowly Bitcoin is not only getting more popular, but more and more people are trusting Bitcoin. I am optimistic that
Bitcoin in the future will be legalized by many countries in the world.

[tulusikhlas]

Bitcoin has a freedom and everyone knows about it wherein since from the beginning that a lot of people already have proofs how they can get benefits from it in a simple way. So no one can ignore bitcoin no matter what negative news it is as long as it's still legit amd can guarantee goof return.. Negative feedback isn't a big deal..let's too good to be true...

Bitcoin is not tied, this benefits us as users. Yes, I think it's one of the fantastic assets for now. I have felt the benefits are very valuable in my opinion. How not, so far bitcoin can be said to affect my life. In the future I see, bitcoin will fly more. And I'm grateful I didn't realize this too late.