Bitcoin 5 years from now

[Mikerogers]

how long can people take the volatility. bitcoin right now is like gambling. I like it cus I gamble but a lot of folks will be turned off. There could just be one too many rise and fall. Either way it was fun.

People just dont know what to do with it i guess, once time goes by maybe ppl will treat it more like an investment

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[Bitcoin Magazine]

The btc is drowning regularly. Very tough to say what could be the cost next month

just keep faith that the price is low, and that transaction times are (only 15 minutes).  give me a break with this quantum time travel nucleaus arithmitetic??  :)DDD

[Mikerogers]

The btc is drowning regularly. Very tough to say what could be the cost next month

Thats what the panture article was saying. Many believe it will die slowly as more people realize its not an asset they want. But really nobody knows for sure

[Mikerogers]

The btc is drowning regularly. Very tough to say what could be the cost next month

just keep faith that the price is low, and that transaction times are (only 15 minutes).  give me a break with this quantum time travel nucleaus arithmitetic??  :)DDD

I dont want the price to be low, I want it to go high lol. This isnt like a stock where there is a buying opportunity, more like gold where you just want it to keep going higher

[Bitram]

Bitcoin will be totally different thing at point of time when it wasn't mined out and when it was mined out.

[Polycoin]

Bitcoin will die off in less than a month. It's outdated, it's old, practically pointless unless you're a investor...

New Alt coins will surface that are fully anonymous, and makes mining easier than it is now.

[zolace]

Bitcoin is the future of the currency ,now is just the start  and there are will be people who will try to make it disappear  or to control it.And as at the value it will have ,in my opinion is a slow and stable growing instead of a price booming .

[g4c]

Bitcoin will die off in less than a month. It's outdated, it's old, practically pointless unless you're a investor...

New Alt coins will surface that are fully anonymous, and makes mining easier than it is now.

Care to place a bet on this sir? Altcoins aside.

We can use an escrow that we agree upon.

An even money bet:

Min bet size 0.01 BTC

Max bet size 1.00 BTC

we will use this price: https://bitcoinaverage.com/#USD

If Bitcoin price goes <=$300 between now and the 2nd May 2014 12:00:00 UTC you get the pot.

If Bitcoin price remains >$300 between now and the 2nd May 2014 12:00:00 UTC I get the pot.

You talk the talk, but will you walk the walk?

[Swordsoffreedom]

Bitcoin will die off in less than a month. It's outdated, it's old, practically pointless unless you're a investor...

New Alt coins will surface that are fully anonymous, and makes mining easier than it is now.

Care to place a bet on this sir? Altcoins aside.

We can use an escrow that we agree upon.

An even money bet:

Min bet size 0.01 BTC

Max bet size 1.00 BTC

we will use this price: https://bitcoinaverage.com/#USD

If Bitcoin price goes <=$300 between now and the 2nd May 2014 12:00:00 UTC you get the pot.

If Bitcoin price remains >$300 between now and the 2nd May 2014 12:00:00 UTC I get the pot.

You talk the talk, but will you walk the walk?

That seems like a good bet for you g4c
Nice call-out ha-ha

[LiteCoinGuy]

5 years from now? TOOO DA MOOOOON 


(or zero  )

[7Priest7]

You talk the talk, but will you walk the walk?

With his low opinion of BTC, Do you really think he has any?

[g4c]

You talk the talk, but will you walk the walk?

With his low opinion of BTC, Do you really think he has any?

You're probably right, but then why frequent a Bitcoin forum 

[7Priest7]

You're probably right, but then why frequent a Bitcoin forum  

Trolls, Everywhere they're not needed.

[Mikerogers]

You talk the talk, but will you walk the walk?

With his low opinion of BTC, Do you really think he has any?

Ik a lot of people who just talk down BTC when they dont have any and talk it up when they do. It's stupid to do because it doesnt move it at all but some people feel like they need to do whatever is necessary to make their trade seem good.

[magnet007]

The btc is drowning regularly. Very tough to say what could be the cost next month

true...yet hopeful still,i think.

[Beliathon]

But will every shop in the world accept it?

Absolutely not. There are still plenty of brick and mortar stores in the world that don't use any kind of e-commerce at all!

Look at Chinatown in NYC, they are like an entire cash economy existing on their own, separate and yet connected to the rest of the city! Many of the businesses there don't even pay taxes!

Oh wait.. that sounds like the perfect environment in which crypto would flourish! Forget everything I just said!

[Mikerogers]

The btc is drowning regularly. Very tough to say what could be the cost next month

true...yet hopeful still,i think.

I doubt it will just crash outright. Prob will either slowly go down or rise again

[Beliathon]

If you think Bitcoin's fiat-exchange price matters now, you don't get the technology.

More and more businesses accept it every day (at least in the relatively-liberal western world).

Crypto is the future, and Bitcoin is the most credible crypto on the market. The future looks good.

Price follows utility.

[serenitys]

JJ Abrams definitely supports it and has no doubt invested heavily in it - personally. The several projects/shows he's been involved in are high tech and future/transhumanist like crazy. The show Almost Human (love it) features bitcoin as a standard form of currency, with neon hardware wallets that can scan at an ATM or whatever to check the balance. The DNA bomb was spectacular in concept and I figure someone got to work figuring out how to do it for real! For the unfamiliar, it's a gorgeous silver ball about grapefruit sized that they drop in a room like a grenede and it explodes like a disco ball sparkle shower and destroys all dna evidence in the space and removes all traces of it. Obviously the bad guys used it to wipe a crime scene but still...that was cool as all hell...and pretty, too!!   The utility of something like that would be in hospitals or crime scenes to clean the shit out of it to the micro level...somebody thought it up for the show, somebody's literally working on it this moment, guaranteed.

The point is that a lot of the people who have written bitcoin off have not considered the future technology that is being invested in and developed now with 100% full expectation of a virtual currency. Even VirginAir vacation space flights has announced it will be accepting bitcoin payment for excursions into space.

Excursions into space? Vacations? What? What??

See, that's already happening. People have already been vacationing to space. They weren't doing it 5 years ago though, were they.

Visit singularityhub.com or any transhumanist slash technology sites and look closer at the stuff being developed and how that is beyond the scope of fiat cash...digital is king and we're not going backwards just because a government or bank is threatened anymore than science stopped advancing medicine just because religious tards thought it was the devil.

It's *already* digital. Bitcoin is a perfectly acceptable bridge from physical carry cash to 100% digital cashless...it's a transitional currency and because of it, it will be around a long ass time. That doesn't mean other virtual currencies won't rise up and compete for business but what's likely to happen is the competition leads to a cross trading option just like fiat currency now. The Shift is taking place.

For you to seriously suggest bitcoin is a failed experiment is to expose how oblivious you are to what's taking place all around you at an exponential rate.

In 20 years, *given what is currently in development* it's not at all unreasonable to see the unbreakable security protocol of brainwallet level - literally affixed in your brain and you can just "think" of the transaction without ever exposing the information externally.

I mean if they're *already* working on the technology that will let us literally download information directly into a knowledge base in our brains - including search feature - don't think somebody hasn't also thought up mind to mind transactions for the penultimate p2p transactions. If they get any closer, they're having sex.

This aint going anywhere, nor is it sci fi - this is the cusp of a mega shift in the way we exist at all.

Plug in  

[bryant.coleman]

I doubt it will just crash outright. Prob will either slowly go down or rise again

Looking at the order books at BTC-E, It will take a dump of hundreds of thousands of BTCs to crash the currency. Not likely.