Bitcoin 5 years from now

[teukon]

Not to be pessimistic but aren't the majority of countries against it?

Not to my eyes: http://bitlegal.net/.

[Swordsoffreedom]

Not to be pessimistic but aren't the majority of countries against it?

Not to my eyes: http://bitlegal.net/.

I agree its just that as a community we tend to focus on the contentious areas and not the green zones

[Beliathon]

Not to be pessimistic but aren't the majority of countries against it?

They're not, and the leaders of the nations who are against this new global money will find themselves looking for a new job before this decade is out.

[magnet007]

Bitcoins future is certainly looking grim, atm.

Mt.Gox has ruined bitcoin for the majority of the U.S.
There has been scam after scam using bitcoins.
Most people don't want/need BTC atm.
With the I.R.S. now wanting to tax BTC, BTC may just be bleeding out and waiting for death in the U.S.

It may skyrocket or it may soon be worth pennies, nobody knows for sure.
Bitcoin could certainly use some real positivity soon.

Taxing virtual things is a joke. That's like saying, you pay taxes based on how many google-searches you make.
It's a statement from a governement thats afraid from money-laundering.

1) They can't controll who is buying or selling Bitcoins
2) They can't track who transfered them to where
3) They can't controll a global distributed system at all. Bitcoin is like Bittorrent, it's a protocol, nobody can control a protocol
4) The thing they can do is destroying it's reputation and that's what they are doing now

rightly said.....

[ljudotina]

Asking for prediction in Bitcoin 5 years from now is totaly crazy idea. It's like asking how computers will look like and how fast they will be 100 years from now. Or who will win Football World Cup in 100 years. It's totaly out of question. You can not even know how will things be in 1-3 months, let alone 5 years.
Op, you already earned something in BTC. Use part of that earnings and invest again. It's a gamble. It always was, it always will be. Gamble with what you can afford to loose. As simple as that.

[ljudotina]

Bitcoin 5 years from now...Let me look into the future on my crystal time seeing Orb.

I see...I see many people turning..turning against Bitcoin! There will be a revolution!
Bitcoin will be overthrown by the hands that dealt it up.....

I also see..the masses will turn to Polycoin! Polycoin will rule over all cryptos!
The whole world will adopt Polycoin..

This..This is what I see.

Honestly I see Bitcoin as the leader, if it falls I dont see any other currencies taking its place unless they have some special feature BTC doesnt

Honestly, you opinion means nothing in compare to "crystal time seeing Orb". Orb said what it wanted to say, and that's how it is! Do not argue, do not ask for further explanations. Allmighty Orb has spoken.

[maurya78]

May be wishful thinking but still think 5 figures is a possibility in the 3 to 5 year horizon

[RonnieG]

Bitcoin is very stable now and It will not defeat not soon.

[Swordsoffreedom]

Thinking five years from now I expect to see this in every store in the world and bitcointalk being a busy forum talking about technology and general stuff.
Kind of curious though what the forums will be like 5 years from now
Reddit Facebook Twitter Style or 4chan
Best case a Github

[hodlmybtc]

5 years from now people will be saying: You remember 5 years ago in 2014 you could buy 1000 bits/1 mBTC for less than a dollar, I wish I had bought a couple mBTC's back then, I'd be rich now!

Or maybe by then the dollar has already collapsed

[Nawaytes]

btc trend is not depleted and will continue to rise. my opinion

[Ron~Popeil]

5 years from now people will be saying: You remember 5 years ago in 2014 you could buy 1000 bits/1 mBTC for less than a dollar, I wish I had bought a couple mBTC's back then, I'd be rich now!

Or maybe by then the dollar has already collapsed

I decided when I got into bit coin this past March that in 5 more years I would not be one of the people having to say that again. I m still slowly but surely collecting them and plan to be envied rather than feel envy.

[Swordsoffreedom]

5 years from now people will be saying: You remember 5 years ago in 2014 you could buy 1000 bits/1 mBTC for less than a dollar, I wish I had bought a couple mBTC's back then, I'd be rich now!

Or maybe by then the dollar has already collapsed

I decided when I got into bit coin this past March that in 5 more years I would not be one of the people having to say that again. I m still slowly but surely collecting them and plan to be envied rather than feel envy.

That makes sense there is a lot of money going into Bitcoin and the ultra rich and technologically proficient people are already launching several companies into this industry so I can see where this logic comes from.
Also want to be one of those that has no regrets about getting a few mbtcs now and not regretting it in 5 years time.

[amitrwt]

In next 5 years I'm just hoping that the rate of adoption goes up and the big biz start accepting bitcoin in one form or other like ebay/paypal , Amazon . 2nd I hope Gov authorities understand the concept with a open frame of mind and look into opportunities how it can be used to make best use of bitcoin.
Wait and Watch where bitcoin is heading towards.

[Marlo Stanfield]

Thinking five years from now I expect to see this in every store in the world and bitcointalk being a busy forum talking about technology and general stuff.
Kind of curious though what the forums will be like 5 years from now
Reddit Facebook Twitter Style or 4chan
Best case a Github

Why don't they add more general discussion topic forums now to start down that path?

I think there is no way it's going to move towards a Facebook style. That's pretty much the antithesis of what most people here stand for.

And 4chan, ugh

Github is already Github with a good team and tons of cash backing them. I don't really see bitcointalk making any progress there in that regard. What's the point really.

[BitsBitsBits]

Tbh does anyone feel like bitcoin has too much competition and the world is against it? I bought bitcoin when it was 250 and sold when it hit 900 before hitting all time highs @ 1200. I kinda want to get back into the game but idk if its lost its momentum.

So much speculation is also coming from everywhere. I read negative articles that cite slow failure: http://www.panture.com/bitcoin-will-slowly-fail/

And also positive articles that make bitcoin look like its not going anywhere: http://www.theguardian.com/technology/economics-blog/2014/feb/25/bitcoin-will-survive-despite-mtgox-offline

Im worried about investing in it again, but Im willing to take a risk. With the irs calling it out though and saying its not a currency is something that really worried me though. I dont think the govt will allow the coin to take over. Does anyone else feel fear in their gut? I enjoyed being in the game but idk if now is the best time to get back

Why worry about the long term for now?

Just get in and essentially day trade!

If you watch your step you will profit.

My $.02.

The BTC prices have been really stable lately, I am not sure I would recommend daytrading to people who have just bought in, in the end you always end up losing a good amount now and then.

[Summer,69]

We don't need positive articles to believe that  bitcoin is not going anywhere

[SomethingElse]

$1000 by the end of 2014 and $10,000-$100,000 by the end of 2020.  That is a long time in crypto years. 

[wizzardTim]

In 5 years from now there is a high chance that Bitcoin will be replaced by a more evolving cryptocurrency, like:

Qora,
Simcoin,
NXT,
Etherium,
Safecoin,
eXo,
Monero,
eMunie (for total anonymity feature),
Credits and so on...

[bitsmichel]

In 5 years from now there is a high chance that Bitcoin will be replaced by a more evolving cryptocurrency, like:

Qora,
Simcoin,
NXT,
Etherium,
Safecoin,
eXo,
Monero,
eMunie (for total anonymity feature),
Credits and so on...

I seriously doubt it will be replaced in the next 5 years, the experiment is not finished.  Bitcoin will first rise to $10k and $100k 
I never even have heard of the coins you mentioned except NXT.