The future of Bitcoin

[Casdinyard]

In my opinion, this contradicts all the principles that Satoshi promoted.

Absolutely. That's why you should avoid centralized exchanges, and exchange decentrally. It's cheaper, more private, and requires less effort during registration. Downsides are that there's less liquidity, and financial institutions such as Revolut might subject you to money laundering if you're transacting with strangers electronically for big amounts. Exchanging face-to-face unfortunately isn't a realistic option.

agreed. Although I would argue about DEX being a little more safer than CEX. There is a debate to be made regarding the security of both, and frankly speaking I think a number of CEX are more established and more well-funded. Thus, they offer more safety than their decentralized counterparts. Binance for one is a little more secure given that they have a well-meaning paper that is open for everyone to see, a couple features that will help them when push comes to shove, and openness to their customers in all ways. DEXs that are reputable come sparingly, and thus far the only DEXs I continue to trust are Uniswap and PancakeSwap.

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[Ebede]

Bitcoin will still remain digital currency in the future for people to continue admiring Bitcoin for not control by the government or politicians in the world, and is free for any government that want to adopt it for their country. There will still be pumping and dumping in the future to allow people to buy bitcoin and hold when the price is low in the market, and sell when the price increase in a way they will be satisfy with the market price at the moment.

Bitcoin is a digital currency which everybody know how the for it to remain a digital currency is because of a technology so if you do technology fails today or tomorrow but then another technology come up it can be eliminated but it is that where that bitcoin is a digital currency digital currency is something that will continue to be moving because the world is going digitally

[Cryptmuster]

There is no such thing as "alternative to bitcoin" - because that would have broken the market if such a thing truly were discovered. Instead altcoins are cheap attempts to copy what bitcoin succeeded in doing by people who have their own interests in the market. Please use these terms with caution as they can imply different meanings.

Hence for me, the future of bitcoin is bright but slow and the grind is long. But comparing what bitcoin was when I first entered the market around 2016 to what it is today in 2022, I am happy to see the progress.

The situation on the market is very difficult now, and if we evaluate all the risks, then I can say that I am now confident only in bitcoin. It is difficult to say that we have already reached the bottom because I see that now there are problems with binance, and this may lead to a further fall of the entire market and many shitcoins may not survive in this meat grinder. But I am sure that bitcoin will survive these difficult times and will rise when the bull market comes.

[Xinarae*]

The future of bitcoin will be good even if the current market conditions are bad it will rise again although bitcoin is not recognized as a currency in many countries yet, it is rapidly gaining popularity in the blockchain technology transaction process. Central banks of various countries have taken the initiative to formulate policies for the use of bitcoin. In the next few years the place of online transactions will be completely occupied by various cryptocurrencies or digital currencies.

[Franctoshi]

After rain comes sunshine , The future of Bitcoin will definitely be bright regardless of what is currently going on right now.
We really need to start focusing on what will come in the future for Bitcoin rather than to be bothered with what the market is doing.
Bitcoin has come to stay and I don't think it's going anywhere.

[fuguebtc]

Although centralized exchanges are going against the decentralized nature that bitcoin creates, to be honest, I am skeptical about the development of DEX. DEX is not new in the market, but it hasn't improved much over the years, maybe our technology is limited to build a DEX like CEX to provide full features. Not to mention the increasingly dense regulations, if the DEX grows, the government will inevitably look at it. They can also find a way to crash or ban as they did with tornado cash mixers or privacy coins.

All crypto market is just few years. Most technologies take tens of years to develop to a good level. And we have no other way because extremely regulated crypto will be worse version of classical financial system and then why not to use a classical system directly? Decentralization is the main thing in crypto making it a competitive alternative. So if we need to wait when devs will invent some new way of DEX working, we'll wait.

Of course, we will wait, all bitcoin users wish to have a fully featured decentralized exchange like centralized exchanges, it is the community's dream. But like I said, regulations are getting more and more, and once bitcoin gets bigger, governments will be more interested in bitcoin. I'm afraid they will find a way to stop the growth of DEXs the same way they prevent mixers. After all, we can't go against the government, we can only hope they're not too harsh on us.

[wxa7115]

After rain comes sunshine , The future of Bitcoin will definitely be bright regardless of what is currently going on right now.
We really need to start focusing on what will come in the future for Bitcoin rather than to be bothered with what the market is doing.
Bitcoin has come to stay and I don't think it's going anywhere.

I think the future is precisely the worry of many people regarding this market and more specifically about bitcoin, due to all the recent events which have been happening on the market a new series of regulations are probably coming which will try to curb the freedom and the privacy of its users, and depending on how harsh those new regulations are people are worried about the viability of this market.

And while I have no doubts bitcoin will survive, we have yet to see if centralized exchanges can deal with those new regulations, because if they keep collapsing then it would not be long until the price begins to go down once again, which in return could increase the strenght of the upcoming regulations.

[WatChe]

There is no such thing as "alternative to bitcoin" - because that would have broken the market if such a thing truly were discovered. Instead altcoins are cheap attempts to copy what bitcoin succeeded in doing by people who have their own interests in the market. Please use these terms with caution as they can imply different meanings.

Hence for me, the future of bitcoin is bright but slow and the grind is long. But comparing what bitcoin was when I first entered the market around 2016 to what it is today in 2022, I am happy to see the progress.

The situation on the market is very difficult now, and if we evaluate all the risks, then I can say that I am now confident only in bitcoin. It is difficult to say that we have already reached the bottom because I see that now there are problems with binance, and this may lead to a further fall of the entire market and many shitcoins may not survive in this meat grinder. But I am sure that bitcoin will survive these difficult times and will rise when the bull market comes.

Based on historic data of bitcoin its not the first time bitcoin has gone bearish. Every time bitcoin goes down, it rose up much harder (at least the previous data said so). I think rather then criticizing bitcoin its high time one must accumulate bitcoin. Binance is under pressure but that doesn't mean bitcoin is under pressure, that's the beauty of Bitcoin since it was created to remain decentralized. I don't know what will be outcome of Binance case but one thing is clear that it wont affect Bitcoin in any way.   

[Talk to Transformer]

It is difficult to predict the future of any technology, let alone something as complex and volatile as Bitcoin. However, it is worth noting that Bitcoin has been around for over a decade and has shown remarkable resilience despite facing many challenges and obstacles. As with any new technology, there will likely be ups and downs, but the future of Bitcoin looks promising overall.

[imamusma]

We all seem to agree that bitcoin still has a bright future to look forward to. But somehow the question about the future of bitcoin keeps popping up every time bitcoin loses its price, is this question really needed? Or are people really worried about the future of bitcoin, or are they really worried about the value of the investment in bitcoin?

We have actually seen how bitcoin made history and it continues to do so. Currently bitcoin is in a downward cycle where the price correction has reached 75%, but time will prove even this cycle will reverse and bitcoin will record a new history again. This is one of my beliefs about bitcoin, and so far I have never stopped being amazed by it that I will always consider it as an investment for the future.

[Jody.Drummer]

It is difficult to predict the future of any technology, let alone something as complex and volatile as Bitcoin. However, it is worth noting that Bitcoin has been around for over a decade and has shown remarkable resilience despite facing many challenges and obstacles. As with any new technology, there will likely be ups and downs, but the future of Bitcoin looks promising overall.

If you look at the condition of bitcoin movement for more than a decade, I don't think there is any doubt about them. Even though there will be new technology later, replacing bitcoin is clearly not going to be easy. In fact, I doubt that for the next few years there will be something like this.

We don't know what will happen in the future, but in this case of course we know that as long as bitcoin is standing then it is a good thing, regardless of the ups and downs that are normal because in any case it will happen that way . this and this is precisely what makes bitcoin stronger.

[Minor Miner]

We all seem to agree that bitcoin still has a bright future to look forward to. But somehow the question about the future of bitcoin keeps popping up every time bitcoin loses its price, is this question really needed? Or are people really worried about the future of bitcoin, or are they really worried about the value of the investment in bitcoin?

We have actually seen how bitcoin made history and it continues to do so. Currently bitcoin is in a downward cycle where the price correction has reached 75%, but time will prove even this cycle will reverse and bitcoin will record a new history again. This is one of my beliefs about bitcoin, and so far I have never stopped being amazed by it that I will always consider it as an investment for the future.

Because we are investing in bitcoin, we will agree and believe that the future of bitcoin is very bright. Questions like these are really too familiar or boring for us, but for newbies, they love to be heard. I was once a newbie like them, and once my faith was shaken, I was always looking for answers to questions about the future of bitcoin. So I think it's essential for newbies, they need to be encouraged, comforted, and know the truth about bitcoin, that bitcoin has a bright future, investing in bitcoin will never make them regret it.

[savetheFORUM]

Because we are investing in bitcoin, we will agree and believe that the future of bitcoin is very bright. Questions like these are really too familiar or boring for us, but for newbies, they love to be heard. I was once a newbie like them, and once my faith was shaken, I was always looking for answers to questions about the future of bitcoin. So I think it's essential for newbies, they need to be encouraged, comforted, and know the truth about bitcoin, that bitcoin has a bright future, investing in bitcoin will never make them regret it.

It's important to have a faith on the assets that you are investing so that you won't be distracted and fail to stick on the plan. In all types of investments ex. crypto and stocks, there must always be two types of them and that is short and long term. We need to know if our coin has the potential for long term or not.

BTC is already proven to be a coin for the long term. There is no need to do about it but for the new coins, meme coins, and the like. They are only good at short term. Being a newbie isn't an excuse to question the ability of the coin but they can always do a research before they talk negatively here or on other websites.

[rby]

It is difficult to predict the future of any technology, let alone something as complex and volatile as Bitcoin. However, it is worth noting that Bitcoin has been around for over a decade and has shown remarkable resilience despite facing many challenges and obstacles. As with any new technology, there will likely be ups and downs, but the future of Bitcoin looks promising overall.

How to know the future of any technology is to measure the impact of that very technology in the present time it is being a used. When you look at bitcoin impact at this time it has existed you will know that bitcoin has made many millionaires. Bitcoin has also brought out new method of payment and  bitcoin has also banked the unbanked.
So we have seen the level which Bitcoin has impacted in the present time. There is no doubt that the future of Bitcoin is bright and this brightness could only be felt by  bitcoiners who are already occupied in the system.

[jymmy]

What do you think will be the fate of bitcoin in the future?

Bitcoin will for sure become insignificant and leave room to truly private coins like xmr, it will stay in history as a huge innovation but it's certain it will disappear and not in the far future, probably within 5 max 10 years.
More and more p2p exchanges will emerge and a true decentralization will take place.

[koang]

But lately they little by little deprive us of this freedom, introducing passport photo, face and whatever else they want at registration on exchanges.
In my opinion, this contradicts all the principles that Satoshi promoted.
Bitcoin should be a tool of freedom and no state should control it.

On and off-ramp is vital. And for now, we need CEX for efficient on and off-ramp.
When Bitcoin has been accepted in more offline stores, what goes into crypto, stays in crypto. Maybe in the next five years. Hopefully
So I suppose it depends on how we want to use our crypto. Holding or spending.

[jymmy]

What do you think will be the fate of bitcoin in the future?

Bitcoin will for sure become insignificant and leave room to truly private coins like xmr, it will stay in history as a huge innovation but it's certain it will disappear and not in the far future, probably within 5 max 10 years.
More and more p2p exchanges will emerge and a true decentralization will take place.

I got asked why I think so:

I just make few examples: is the first automobile that was ever produced still in use? Is the first paper currency ever made still in circulation? No, and so on...

It's simply a matter of progress, what is initially invented inevitably gets improved upon and, depending on the circumstances, slowly or quickly put aside.

[Japinat]

After rain comes sunshine , The future of Bitcoin will definitely be bright regardless of what is currently going on right now.
We really need to start focusing on what will come in the future for Bitcoin rather than to be bothered with what the market is doing.
Bitcoin has come to stay and I don't think it's going anywhere.

That's a fact mate, and I certainly agree with you in that sentiment.

We all know that Bitcoin will recover because it always will and for the past 10+ years, Bitcoin has been doubted numerously but still it always proved to us its utility and its purpose, and that is why up until now Bitcoin is still alive. Even the veteran investors who don't really know the future of bitcoin still chose to trust it despite of the current situations, why? Because they know that it will repeat its history and will bless all who trust it. So, there's really nothing to be worried about.