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Author Topic: Is the future of Bitcoin uncertain?  (Read 1474 times)
arufox
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August 10, 2022, 06:34:53 PM
 #101

I personally feel optimistic that the future of bitcoin will be bright. Maybe now bitcoin is undergoing a period of correction so that there is a lot of negative news that appears and some even think bitcoin will die. Such speculations often occur when the price of bitcoin has plummeted even in the past but the proof is that bitcoin never dies even from year to year the price of bitcoin continues to increase in price and set new ATH records.

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August 10, 2022, 06:59:17 PM
 #102

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?

While listening to your brother, you should also ask him some questions:

a) Why it will happened?
b) Why Bitcoin will not able to hold it's own position or what exactly he meant for "position"?
c)  How sure he was on his speculation?
d) Where did he get that idea? From his own or to just another speculators.
e) Or just explain everything....

Sorry but I don't considered your brother's prediction as reasonable statement. It's true that bitcoin's future is uncertain but knowing how the progress is that bitcoin achieved, it's unrealistically that bitcoin will just died. Bitcoin already experiences lots of ups and downs but still, standing strong. The fall of bitcoin is also a fall of the whole crypto.
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August 10, 2022, 11:30:11 PM
 #103

I personally feel optimistic that the future of bitcoin will be bright. Maybe now bitcoin is undergoing a period of correction so that there is a lot of negative news that appears and some even think bitcoin will die. Such speculations often occur when the price of bitcoin has plummeted even in the past but the proof is that bitcoin never dies even from year to year the price of bitcoin continues to increase in price and set new ATH records.
Does 10+ years or a decade plus isnt enough to say that Bitcoins future was bright and does show off its potential? For sure it would be enough and into those upcoming years or decades to come.
Although we cant really give out any assurances since nothing could predict on what the future looks like but by the current looks and condition on how this market behaves and seeing the
trust and confidence of investors or supporters then you could really say that it does have soo much potential but of course as part of investment then you
should always be minding about proper risk management.

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August 11, 2022, 02:41:17 AM
 #104

I personally feel optimistic that the future of bitcoin will be bright. Maybe now bitcoin is undergoing a period of correction so that there is a lot of negative news that appears and some even think bitcoin will die. Such speculations often occur when the price of bitcoin has plummeted even in the past but the proof is that bitcoin never dies even from year to year the price of bitcoin continues to increase in price and set new ATH records.
Does 10+ years or a decade plus isnt enough to say that Bitcoins future was bright and does show off its potential? For sure it would be enough and into those upcoming years or decades to come.
Although we cant really give out any assurances since nothing could predict on what the future looks like but by the current looks and condition on how this market behaves and seeing the
trust and confidence of investors or supporters then you could really say that it does have soo much potential but of course as part of investment then you
should always be minding about proper risk management.

I guess there are people that still going to question bitcoin, no matter what. Or maybe they have the stocks in mind, wherein it ha run for decades already if not for centuries. So 10+ for them is fairly young, but we have proven that we can go on the next 10 years and still be standing here, even with a lot of challenges in hand, like government regulations, the argument that bitcoin mining has impacted the environment, criminals using crypto and others. But it is ok, in 2025, we might be having a new all time high, like 6 digits will be the standards.

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August 11, 2022, 05:10:26 AM
 #105

Decide for yourself, regardless of certainty or not, it will not be answered at this time so you really have to decide for yourself whether you think bitcoin's future will be good or not.
Currently, many people argue about the certainty of bitcoin in the future, and of course there are 2 opinions here, namely the pros and cons. On the other hand, you can't say for sure or not just because you've seen some arguments from other people, so you really have to do your own research so you're sure this will be good or not.

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August 11, 2022, 06:09:58 AM
 #106

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?
if you ask about the future, then you will get an uncertain answer. before 2013, many people thought that bitcoin would be worthless. however, when the price goes up, many people assume it will be big in the future. after that, another severe dump happened, many thought bitcoin would be worthless, and when the price hit a new ATH, many people thought it could change the world.
however, if you question people's opinions, there will be pros and cons. maybe your brother said that, but there will be some people who think that the price of bitcoin will be very high at that time. however, we will never know what bitcoin will be in the future. however, considering bitcoin in its current state, I feel that bitcoin will have a very high value in the future.

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August 11, 2022, 06:28:27 AM
 #107

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.
This absurd statement does not need to be responded to because perhaps the person does not yet fully understand how Bitcoin's potential is in the future, although it is generally unpredictable at what number the new ATH record for Bitcoin will occur. But I still strongly believe that Bitcoin will set another new ATH record in the future.
So don't pay attention to those nonsense statements.
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August 11, 2022, 02:18:04 PM
 #108

I personally feel optimistic that the future of bitcoin will be bright. Maybe now bitcoin is undergoing a period of correction so that there is a lot of negative news that appears and some even think bitcoin will die. Such speculations often occur when the price of bitcoin has plummeted even in the past but the proof is that bitcoin never dies even from year to year the price of bitcoin continues to increase in price and set new ATH records.

Definitely the future of Bitcoins will be bright.
These people who are spreading negativity don’t know how Bitcoin and market works. Instead of panic selling if they had hold the Bitcoins for a little longer period then definitely they would have been satisfied by the price.
These bear markets will eventually come to an end, so no need to panic. We need to just hold for another month hardly, then everything will be positive.

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August 11, 2022, 08:43:20 PM
 #109

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.
This is just the case of someone being unable of knowing when to listen to his brother and when not to do it, obviously as his brother he trusts in him and he believes in him, however as you say unless he is an expert on this field and he knows a great deal about trading and investing then his opinion is worth nothing, the opinion of most users in the forum is way more valuable as they know this market way more deeply and have some knowledge about trading, so the OP should not listen to his brother when it comes to this topic.
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August 11, 2022, 09:32:18 PM
 #110

Decide for yourself, regardless of certainty or not, it will not be answered at this time so you really have to decide for yourself whether you think bitcoin's future will be good or not.
Currently, many people argue about the certainty of bitcoin in the future, and of course there are 2 opinions here, namely the pros and cons. On the other hand, you can't say for sure or not just because you've seen some arguments from other people, so you really have to do your own research so you're sure this will be good or not.
I think they should be aware that bitcoin is not the safest place without any risk. The future is debatable, but can't you convince people that in the last decade bitcoin has had a more robust network than it was in its early years?

I can say that bitcoin is much better equipped to survive in the long term now that its decentralized system has been supported and adopted in various countries. Actually can't clear all doubts, but the point is to invest whatever you can afford to lose because this is not a risk free investment.
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August 11, 2022, 09:57:16 PM
 #111

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?
We will know the answer when we get there. But where did your brother get all those information? I bet he is only guessing, and has not hardly done any single research or investigation into bitcoin. Because if he did, he will also discover that the year 2025 is the target year for most of the bitcoin optimists that bitcoin will reach a new all time high that is even greater than $100k or beyond. So you should not be worried about bitcoin, just trust the process.


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August 12, 2022, 07:10:32 AM
 #112

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 could still remember in 2016 and early 2017 people were saying bitcoin can never cross $5000 and a friend of my sold his bitcoin for $750 thinking that what people are saying is true but only to see bitcoin over $19000 in the same 2017! Your brother did not understand how bitcoin works and how is been mine. I will advise you to never share this your brother lack of understanding of bitcoin network with anyone as it will turn you to laughing stuff.
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August 12, 2022, 10:15:55 AM
Merited by fillippone (2)
 #113

I think bitcoin has a bright future, we just need to wait for the development of increasingly sophisticated technology, then bitcoin will not be separated from our lives.
I think there are some countries that have not been able to accept bitcoin in full because the people do not fully understand technology or about digital money. I'm sure maybe 10 years from now bitcoin will have a huge impact on our lives.

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August 12, 2022, 11:04:46 AM
 #114

Does your brother have any proof for his claim? or is it just a conjecture of someone who knows nothing about bitcoin. It's hard to tell you that in 2025, bitcoin won't die or bitcoin will hit a new all-time high, the future remains moot until it actually happens. But I have a small request for you and your brother, want to know what bitcoin will be like in 2025, you and your brother can learn bitcoin and what it has achieved in the last 13 years. I believe you and your brother will have the answer for themselves.

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August 12, 2022, 04:21:59 PM
 #115

Does your brother have any proof for his claim? or is it just a conjecture of someone who knows nothing about bitcoin. It's hard to tell you that in 2025, bitcoin won't die or bitcoin will hit a new all-time high, the future remains moot until it actually happens. But I have a small request for you and your brother, want to know what bitcoin will be like in 2025, you and your brother can learn bitcoin and what it has achieved in the last 13 years. I believe you and your brother will have the answer for themselves.
In my opinion Bitcoin is indeed in the future is still unclear,
 but the technology in which Blockchain is of course in the future will be very helpful and will be very useful,
where blockchain makes everything transparent, and if Blockchain becomes big in the future,
then there is a possibility crypto money will also follow, so just figure it out yourself
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August 12, 2022, 05:01:16 PM
 #116

If you look at the development and increase in prices from year to year, the future of bitcoin will be bright in the future. Moreover, if we follow a 4-year cycle, then in 2025 there should be a bitcoin halving which indicates a new ATH will occur.

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August 12, 2022, 06:26:01 PM
 #117

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.
That's a sad thing. I mean bitcoin is such a great technology that it allowed me to live my life the way I am living right now, all thanks to the tech behind it. I am getting paid, and if bitcoin didn't existed I wouldn't have the job I own right now. Which means that I would have probably worked in terrible jobs, and earning terrible wages, and hating my life every single second.

Thanks to bitcoin I started to live a life that would be pretty good, and even though I am not super rich or anything, I am at the richest point of my life, nothing big for others, but it is certainly very important for me. All without having to reach into my bitcoin investment, so you can still do that, and also use the tech.

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August 12, 2022, 06:53:31 PM
 #118

If you look at the development and increase in prices from year to year, the future of bitcoin will be bright in the future. Moreover, if we follow a 4-year cycle, then in 2025 there should be a bitcoin halving which indicates a new ATH will occur.
to be honest I'm still very worried about the 4 year cycle of Bitcoin and crypto currency,
of course everyone is still wondering, will bitcoin reach new ath again or not,

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August 12, 2022, 10:06:27 PM
 #119

If you look at the development and increase in prices from year to year, the future of bitcoin will be bright in the future. Moreover, if we follow a 4-year cycle, then in 2025 there should be a bitcoin halving which indicates a new ATH will occur.
to be honest I'm still very worried about the 4 year cycle of Bitcoin and crypto currency,
of course everyone is still wondering, will bitcoin reach new ath again or not,
You don't have to worry too much though once you stay longer in the market everything will make sense to you someday. That 4-year cycle is actually the time when Bitcoin start halving and you know why the price starts pumping it's because the supply is getting halves plus there's a higher demand.

Well, we can't get too confident in this market since the risk is still present and it's high but people still invest in it though as if the risk isn't present already. And I think it's okay if we feel uncertainty with the market sometimes because that's how it is.

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August 13, 2022, 10:36:37 AM
 #120

Does your brother have any proof for his claim? or is it just a conjecture of someone who knows nothing about bitcoin. It's hard to tell you that in 2025, bitcoin won't die or bitcoin will hit a new all-time high, the future remains moot until it actually happens. But I have a small request for you and your brother, want to know what bitcoin will be like in 2025, you and your brother can learn bitcoin and what it has achieved in the last 13 years. I believe you and your brother will have the answer for themselves.
In my opinion Bitcoin is indeed in the future is still unclear,
 but the technology in which Blockchain is of course in the future will be very helpful and will be very useful,
where blockchain makes everything transparent, and if Blockchain becomes big in the future,
then there is a possibility crypto money will also follow, so just figure it out yourself

You cannot compare bitcoin to something that has existed and is recognized for hundreds of years like gold. Bitcoin is very new compared to all that and it takes time for bitcoin to grow and prove itself.
Because the future of bitcoin is unclear, so it is an opportunity, don't wait until everything is clear, it is no longer an opportunity. If everything is clear then I think people will invest in bitcoin without thinking and hesitating and then there is no chance, as with gold today.
Worthy rewards will come to those who take the lead and always believe in bitcoin.

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