Bitcoin 5 years from now

[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...

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.

The biggest return is when you invest in a coin when it is in its early stages (IPO stage or first months after). The above coins definitely worth a research..

[AlPutino]

What if it not gonna exist anymore? What if goverment gets mad cuz they can't fully control Bitcoin, so they will try to  shut it down for example

[pandher]

I never even have heard of the coins you mentioned except NXT.

Thats when you buy them cheap

[wizzardTim]

I never even have heard of the coins you mentioned except NXT.

Thats when you buy them cheap

exactly!!!

[Lauda]

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...

This isn't going to happen. You can forget about it.
Bitcoin shall remain first for much longer.

[ajareselde]

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...

This isn't going to happen. You can forget about it.
Bitcoin shall remain first for much longer.

you all seam to forget that bitcoin can be modified.
first thing , and most important is that bitcoin has comunity, popularity and trust, and it will survive definetly, altho price may vary.
all those other coins will rise and fall, because, if you quit btc for some other coin, then you will also leave that other coin for a newer one.. etc..etc.
simple modifications to bitcoin will be made, and it will erupt in popularity, and hopefully in price.

cheers

[Nawaytes]

What if it not gonna exist anymore? What if goverment gets mad cuz they can't fully control Bitcoin, so they will try to  shut it down for example

it happened in china, the government give order to all the banks in china to shutdown bitcoin account.
it makes bitcoin price fall down, but in a couple of month bitcoin price goes up, because bitcoin trend is still good, many people still believe in bitcoin.

[rext]

You can't keep bitcoin under control, people like it. They want to be free.

[rext]

The more you tighten your grip, the more star systems will slip through your fingers.

Obviously Grand Moff Tarkin didn't believe Leia.

Bitcoin will be better developed in 5 years, along with more people using it. Whether that drives up its value/price, that remains to be seen. I personally think it will.

Yeap, bitcoin will start to stabilized in 5 years, in the meantime we will see continued improvements being made.

[Beliathon]

Bitcoin users 5 years from now:



Fiat users 5 years from now:

[Zuminest]

5 years may be a small time to measure Bitcoin's growth. We grow exponentially every year yes, but imagine 10 or 20 years. One day people may have a btc wallet standard on android phones factory set! Wouldn't that be something!

[zimmah]

Bitcoin users 5 years from now:



Fiat users 5 years from now:

pretty accurate representation if you ask me.

are you from the future?

[Beliathon]

pretty accurate representation if you ask me.

are you from the future?

In a matter of speaking, yes.

I am from the new world that exists in my heart, the kinder, more reasoned, less violent world that is possible if only humanity can find a way to let go of our present reality which is governed by violence and deception rather than reason and compassion.

[Taras]

What if it not gonna exist anymore? What if goverment gets mad cuz they can't fully control Bitcoin, so they will try to  shut it down for example

Shutting down bitcoin isn't possible. The closest you can get is to be like china and suggest against using it.

[Swordsoffreedom]

What if it not gonna exist anymore? What if goverment gets mad cuz they can't fully control Bitcoin, so they will try to  shut it down for example

Shutting down bitcoin isn't possible. The closest you can get is to be like china and suggest against using it.

That or shutting down internet privacy by closing communciation structures to the world wide web and regionalizing internet signals
With a strong node control

Still infeasible though but would not say impossible in the long future.

[Beliathon]

What if it not gonna exist anymore? What if goverment gets mad cuz they can't fully control Bitcoin, so they will try to  shut it down for example

Shutting down bitcoin isn't possible. The closest you can get is to be like china and suggest against using it.

That or shutting down internet privacy by closing communciation structures to the world wide web and regionalizing internet signals
With a strong node control

Still infeasible though but would not say impossible in the long future.

Technically possible, politically impossible. Fucking with the free and open internet is political suicide in most of western society.

[bittydude]

BTC China hit 1600CAD/1500ishUSD late last year. I see the same for mid-late this year but a much slower climb.

[Swordsoffreedom]

BTC China hit 1600CAD/1500ishUSD late last year. I see the same for mid-late this year but a much slower climb.

It takes patience to see the price move that or a really nice sentiment and good news
But your right surely and slowly is the result and patience
Which is something that takes a while
On the bright side we don't seem to be treading to much low ground it is steadily growing upwards.

[7Priest7]

What if it not gonna exist anymore? What if goverment gets mad cuz they can't fully control Bitcoin, so they will try to  shut it down for example

Shutting down bitcoin isn't possible. The closest you can get is to be like china and suggest against using it.

That or shutting down internet privacy by closing communciation structures to the world wide web and regionalizing internet signals
With a strong node control

Still infeasible though but would not say impossible in the long future.

Wouldn't be as hard or devastating as you guys seem to think.
A few court orders demanding that high level ISPs disconnect from the rest of the world.
Conflicting block chains due to the disconnection.
Bitcoin becomes divided based off the two+ chains.

Most home users wouldn't even notice the disconnection.
The websites most of us visit daily are U.S. based.

[cyberpinoy]

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

His #3 is complete nonsense.

I agree with this, Altho Bolivia Has done it, But how can any government say you can not "use" bitcoin, Bitcoin at the moment is not seen as a currency in the eyes of the law, it is being seen as property and even being taxed as such in some places right now, Therefore, you can not make laws that tell people they can not use it for trading/bartering. In a sense they would have to stop all things that are traded from one thing to another, Like craiglist ads that say will trade my crappy truck for your nice ATV OBO, exactly the same as trading Litecoins for Bitcoins or trading Bitcoins for US dollars. I mean things like this are done everywhere with other pieces of property, if not for this form of bartering Ebay would not exist, ebay even takes it a step farther where it allows people to compete for the highest price in order to trade their local currency for items they see that they want.

I think in most civilized countries these laws will not and could not hold up in any court of law without pressing farther restrictions on other things being traded.