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Author Topic: Is the future of Bitcoin uncertain?  (Read 1409 times)
Hamphser
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August 03, 2022, 11:45:56 PM
 #81

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.

So I would like to know from you how reasonable this statement is?
How did your brother made a fixed prediction when no one else here is capable to rightly predict that future of bitcoin. It’s more like he’s been scammed by all the fake news circulating around. In fact, 2025 is predicted to be a good year for bitcoin, as miners will continue to mined bitcoin that is bound to reach $100k as how analysts predicted its future price. If your brother comes up with another conclusion, then he must be one of those negative analysts concerning bitcoin.
Not to be surprised whether those $100k price prediction or even going back $100 or a thousand  wouldnt matter because everyone would be ending up on being speculator no matter what.

When we do talk about future it wont matter if Bitcoin or on other things, theres no such thing about certain or definitely could happen thats why you should always set out those precautionary measures
when it comes to risk  and other things related to it.

Invest on what you can afford to lose because even bitcoin do fly with colors doesnt mean that it would guaranteed success in the future.

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August 04, 2022, 02:42:49 AM
 #82

There is no doubt that bitcoin's future is in doubt, but it is probably not quite accurate to say that the government won't bother with bitcoin at all. Bitcoin does not see the government as the enemy but the government seems to see bitcoin as the enemy. As long as bitcoin exists, they won't stop messing with it until it disappears, but that's not going to be possible. Bitcoin volatility is not a bad thing sometimes, the stronger the drop, the stronger the upside potential.
Governments had such a monopoly over the currency market that they never thought they will ever be challenged, they beat gold long time ago and the few attempts to create currencies outside of their control were destroyed by them, Satoshi created a superior currency out of nowhere and they are not willing to quit their benefits just because one person had a good idea, however they are realizing that killing bitcoin is not going to be easy and if anything it will be one of the most difficult things they could hope to accomplish.
The threat I guess is taxation. Any currency would do, if I'm not mistaken, as long as the government of that certain country will benefit on its usage but since cryptos are in blockchain, governments are somehow afraid of the tendencies people will avoid taxes which governments believe, will affect country's economy. If ever there will be regulations, years would be needed still for such thing to occur. And if ever regulated cryptos will be the "same" as traditional digital money, that could also affect not only Bitcoin but cryptos in general. So yeah, things are still uncertain. This is just how I view this topic, feel free to correct me, that would be much appreciated.
You are correct, while politicians talk badly about bitcoin and they argue this is because of their fear of criminals using it the truth is that their biggest worry is taxation, while the rich can legally reduce their taxes by using all kind of financial structures in theory bitcoin could allow most of the population to hide their wealth or at least part of it, and this is a problem for the governments as a great deal of them are already incredibly indebted and they are not happy about this possibility.
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August 04, 2022, 03:56:23 AM
 #83

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.

So I would like to know from you how reasonable this statement is?
How did your brother made a fixed prediction when no one else here is capable to rightly predict that future of bitcoin. It’s more like he’s been scammed by all the fake news circulating around. In fact, 2025 is predicted to be a good year for bitcoin, as miners will continue to mined bitcoin that is bound to reach $100k as how analysts predicted its future price. If your brother comes up with another conclusion, then he must be one of those negative analysts concerning bitcoin.
Not to be surprised whether those $100k price prediction or even going back $100 or a thousand  wouldnt matter because everyone would be ending up on being speculator no matter what.
Because this market is pure speculative so how could we expect a concrete or a complete coming?
there is no such thing in crypto market ,
Quote
When we do talk about future it wont matter if Bitcoin or on other things, theres no such thing about certain or definitely could happen thats why you should always set out those precautionary measures
when it comes to risk  and other things related to it.
if we wanted to Win over our investments then we must understand that risk is part, but never become greedy if you dont wanna end up losing everything.
Quote
Invest on what you can afford to lose because even bitcoin do fly with colors doesnt mean that it would guaranteed success in the future.
We can lose, we can win, depend on your capacity to choose and capacity to wait.

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August 04, 2022, 04:21:11 AM
 #84

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.

So I would like to know from you how reasonable this statement is?

Looks like your brother has read too much FUD about bitcoin and he's obsessed. In fact, no one knows if the bitcoin price will reach a new ATH in 2025, but we can be sure that bitcoin will not die or disappear in 2025.
How can it be predicted that bitcoin will die out completely while bitcoin is increasingly accepted around the world. Your brother will regret missing out on bitcoin, I hope you won't miss it like he did, research bitcoin now before it's too late.

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August 04, 2022, 07:29:12 AM
 #85

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.

So I would like to know from you how reasonable this statement is?
I think Bitcoin continues to grow, as long as the world is filled with technology and sophisticated times, digital is now the choice of many people, there are many unemployment and jobs, Bitcoin being the investment and trading choice all over the world, I'm sure Bitcoin will grow even more in the future.

BTC
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August 04, 2022, 09:19:08 AM
 #86

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.

So I would like to know from you how reasonable this statement is?

I'm pretty sure your brother doesn't know anything about bitcoin, doesn't know how bitcoin works that's why he said that or he hates bitcoin for some reason. We can't tell you exactly what bitcoin will look like in 2025, fall or rise and hit a new all-time high, no one can tell you but to assert that bitcoin will die is a vague, baseless claim. If you are a bitcoin enthusiast, I suggest you learn about bitcoin, read the bitcoin whitepaper and you can find your own answer.

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Lambe Ndumble
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August 04, 2022, 09:49:58 AM
 #87

If we talk about the future, of course many are uncertain, political and economic conditions affect cryptocurrencies, as happened with war in Ukraine and in general many countries experience economic recession so as to make many people sell assets to fulfill many things, bitcoin is 13 years old year and we never know whether to survive and continue to improve or vice versa

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August 04, 2022, 06:55:15 PM
 #88

People who speculate about the use of Bitcoin and its potential will never call Bitcoin uncertain. Those who think of it only as part of the trading business will call it uncertain. If the history of Bitcoin is reviewed, it must be said that the current state of Bitcoin is much more mature than previous.

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August 04, 2022, 07:42:33 PM
 #89

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.

So I would like to know from you how reasonable this statement is?

I'm pretty sure your brother doesn't know anything about bitcoin, doesn't know how bitcoin works that's why he said that or he hates bitcoin for some reason. We can't tell you exactly what bitcoin will look like in 2025, fall or rise and hit a new all-time high, no one can tell you but to assert that bitcoin will die is a vague, baseless claim. If you are a bitcoin enthusiast, I suggest you learn about bitcoin, read the bitcoin whitepaper and you can find your own answer.
You didn't even require to be knowledgeable about Bitcoin to see his brother's claim is pretty much irrational. How can Bitcoin be dead in 2025 when the market has grown to $400 billion? You can just wide something that big in 3 years from now on, no matter how catastrophic your mind can imagine. Heck, his brother can even say Bitcoin will not be mined so at least, he knows Bitcoin is mineable. That doesnt look like a person knows nothing about Bitcoin at all.
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August 04, 2022, 07:46:12 PM
 #90

People who speculate about the use of Bitcoin and its potential will never call Bitcoin uncertain. Those who think of it only as part of the trading business will call it uncertain. If the history of Bitcoin is reviewed, it must be said that the current state of Bitcoin is much more mature than previous.
Correct, we do not know what price bitcoin will have tomorrow or the day after so in that sense bitcoin situation is uncertain, however is that not true for every single asset we can buy in all markets? However when we think about it carefully and see bitcoin as a technology it could not be any stronger, even banks and governments which are two of the most powerful entities we have around the world cannot kill it despite their desire to do so, if that is not strong then I do not know what it is.

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August 04, 2022, 08:30:42 PM
 #91

Not at All, BTC Future is fully clear from the day of Start a completely independent printing no manipulation here, Value to Hold, better medium of exchange and volatility brings new experiences here, community support over there, demand = Service. Proper implementation of the future medium of exchange. i am not talking about the price in current time i am currently talking about the price to time valuation. 

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August 04, 2022, 11:57:33 PM
 #92

The only reason is because they don't like Bitcoin, that is the first.
Then, it also because the price of Bitcoin will be always changing. Although we know that Bitcoin changes will be always exiat because there are bearish and bullish, at least, we believe that the cycle will be always surround us, and we have  seen sonfar how Bitcoin cycle. We must not eat the FUD always, moreover about the uncertainty. For me, it is certain enough.

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August 06, 2022, 06:20:40 PM
 #93

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position

Having followed Bitcoin from 2017 till date makes no sense to me to start doubting Bitcoin's future looking at the past historical record and current history to start thinking about the uncertainty in the future, Looking at the state of Bitcoin right now it will be a big weight for governments around the world to ban the entire use of Bitcoin, soon it will get to a stage where government will have no option than to start adopting Bitcoin due to increasing demand.
To conclude I see brighter future for Bitcoin and not uncertainty.
Bitcoin has passed the stage of being doubtful about its future. I have no doubt that bitcoin will stay with us for atleast the next 30yrs. I said 30yrs because nobody can predict the future successfully, many technologies will come and change things, so when try to predict the future we shouldn't go too far, incase things may change.

R


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August 06, 2022, 06:55:40 PM
 #94

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position

Having followed Bitcoin from 2017 till date makes no sense to me to start doubting Bitcoin's future looking at the past historical record and current history to start thinking about the uncertainty in the future, Looking at the state of Bitcoin right now it will be a big weight for governments around the world to ban the entire use of Bitcoin, soon it will get to a stage where government will have no option than to start adopting Bitcoin due to increasing demand.
To conclude I see brighter future for Bitcoin and not uncertainty.
Bitcoin has passed the stage of being doubtful about its future. I have no doubt that bitcoin will stay with us for atleast the next 30yrs. I said 30yrs because nobody can predict the future successfully, many technologies will come and change things, so when try to predict the future we shouldn't go too far, incase things may change.
If you are doubting the life Spam of cryptocurrency and especially bitcoin.you have to equate it with the life spam of other currencies such as Gold currency and other digital currencies. Really bitcoin prediction speculation of when it will be eliminated on planet is not real sure. Because the only thing that struck bitcoin out of the world is when investors is not longer coming in. Because it may be that Bitcoin will stay until our fiveth generation if time is not taken.

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August 06, 2022, 10:55:02 PM
 #95

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position

Having followed Bitcoin from 2017 till date makes no sense to me to start doubting Bitcoin's future looking at the past historical record and current history to start thinking about the uncertainty in the future, Looking at the state of Bitcoin right now it will be a big weight for governments around the world to ban the entire use of Bitcoin, soon it will get to a stage where government will have no option than to start adopting Bitcoin due to increasing demand.
To conclude I see brighter future for Bitcoin and not uncertainty.
Bitcoin has passed the stage of being doubtful about its future. I have no doubt that bitcoin will stay with us for atleast the next 30yrs. I said 30yrs because nobody can predict the future successfully, many technologies will come and change things, so when try to predict the future we shouldn't go too far, incase things may change.

Or maybe it will stay with us until we reached 'when almost all the bitcoin has been mined', or at least 99% of it.  Currently out of 21 million we are in the 19 million ++,  so in the next 2-3 halvings, we might get a picture of it. The last 1% will be mined until 2140 give or take, and so we will not see that in our life time. So that will be a good gauge how bitcoin, it is can survived or not.
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August 07, 2022, 06:39:24 AM
 #96

What could be the state of Bitcoin in the future?

This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead. He also said that after 2025 Bitcoin will not be mined so that Bitcoin will not be able to hold its own position.

So I would like to know from you how reasonable this statement is?

No offense or disrespect but what proofs does your elder brother have? Did he time traveled or what like that Reddit guy? Or did he secretly invented a quantum computer in hopes of mining all 21 million so quickly? Bitcoin would still exist even if all of it would be mined by 2140.

When it comes to the price of Bitcoin, we’re uncertain of it because we just don’t know what would be the next move of it like finding the next Elon Musk to pump Bitcoin to $100kish or so.

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August 09, 2022, 08:02:31 AM
 #97

Of course we hope that bitcoin continues to last for tens or hundreds of years so that the price of bitcoin can reach millions of dollars, but if you look at the development of technology and information then I don't have too many plans, as long as it can still be profitable it will enter but if it's not as profitable as ever happened in 2018 until early 2021 I left bitcoin and cryptocurrencies.
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August 09, 2022, 08:53:05 AM
 #98

People who speculate about the use of Bitcoin and its potential will never call Bitcoin uncertain. Those who think of it only as part of the trading business will call it uncertain. If the history of Bitcoin is reviewed, it must be said that the current state of Bitcoin is much more mature than previous.
Those who call uncertainties in Bitcoin are those who does not trust this completely ,  those are the people who only believe in profit and not for the totality of usage of this currency .
Bitcoin is a Money Online , let us not  expect too much profit instead expect the value of the creation in the future , because it is not us who will benefits from this but the future, our love one? our children specially .

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August 09, 2022, 09:15:42 AM
 #99

People who speculate about the use of Bitcoin and its potential will never call Bitcoin uncertain. Those who think of it only as part of the trading business will call it uncertain. If the history of Bitcoin is reviewed, it must be said that the current state of Bitcoin is much more mature than previous.
Those who call uncertainties in Bitcoin are those who does not trust this completely ,  those are the people who only believe in profit and not for the totality of usage of this currency .
Bitcoin is a Money Online , let us not  expect too much profit instead expect the value of the creation in the future , because it is not us who will benefits from this but the future, our love one? our children specially .
What you said is true but unfortunately, now people are getting involved in investing in bitcoin because of its rise in price, very few people are interested in the technology and the real value that bitcoin will bring us.

It's true, what is going to happen if bitcoin prices do not continue to rise and become a stable asset? Many people will give up and look for something else to invest in, only a few will stay to use bitcoin because of the benefits it brings.

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August 10, 2022, 12:35:03 PM
 #100

No one knows for sure what the prospects for bitcoin will be in the future. Especially if someone says that if 2025 bitcoin will die, I think that statement does not make sense. I'm optimistic that 2025 bitcoin will still be around but can't predict how much bitcoin will cost in the future. So let's see ahead how bitcoin will create a new ATH record.
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