BitCoinDream
Legendary
 Offline
Activity: 2324
Merit: 1204
The revolution will be digital
|
 |
July 11, 2014, 11:02:28 AM |
|
1 Satoshi will be 100$ in 5-10 years!  And those $100 will be nothing if that big bubble price of lots of crazy manufatured dollars just pop. I'll be happy if 1 Satoshi become 1 USD. I'll become a millionaire with my 1 BTC  |
|
|
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
Nerazzura
|
|
July 16, 2014, 06:00:24 PM |
|
1 Satoshi will be 100$ in 5-10 years! And those $100 will be nothing if that big bubble price of lots of crazy manufatured dollars just pop. I'll be happy if 1 Satoshi become 1 USD. I'll become a millionaire with my 1 BTC haha .. if it does happen, then I will be the richest young men in my town. fabulous   |
|
|
|
|
|
Beliathon
|
|
July 16, 2014, 07:47:09 PM |
|
future of bitcoin is paying for everything with bitcoins, everyday grocery etc
So, actually this means "trust". What the hell? How did you correlate what he wrote with "trust" ? If you had to sum it up it's "usage" Do you really using something you are not trusting? Any currency is based on trust first, and then - used.Your logic is applicable for centralized currencies. A de-centralized currency does not need trust. U dont need to trust Satoshi to use Bitcoin. U can see the code yourself. No difference if it is gold, dollar, peanuts, bitcoin or shell money in Timbuktu. In any exchange or transaction you need to trust in order to do it. It is actually basics. But never mind. You are tied with the legacy thinking. Bitcoin is different from that. Please have your time to read Satoshi's paper. The basis of Bitcoin is it is trustless as it is open source and community driven. Trust is something tied with centralized systems. This one speaks wisely. Trust is the great weakness of soon-to-be obsolete forms of currency like fiat. We trusted the banks, look where that got us - the 2008 meltdown! Bitcoin is the future of money precisely because there is NO trust involved whatsoever. Bitcoin is the atheism of money, that's why it will destroy all competition.  |
|
|
|
|
DjPxH
|
|
July 16, 2014, 07:49:05 PM |
|
Umm, I really don't know what the future holds for bitcoin, and highly doubt that it will topple all banks or replace FIAT currencies altogether. But I do think it's probable that it finds its niche or application where it may surpass our wildest dreams, still!
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
|
|
BitcoinLlama
Newbie
Offline
Activity: 46
Merit: 0
|
|
July 16, 2014, 08:29:35 PM |
|
I think that bitcoin is a part of the peer to peer revolution, so it is really a part of something larger than itself....
|
|
|
|
|
Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1011
|
|
July 16, 2014, 08:36:38 PM |
|
the problem is the people ... well, if gov. freeze or steal money on bank account in Europe (France, UK, Germany) at the 2015, it's not a problem. It's a revolution.  |
|
|
|
|
|
counter
|
|
July 16, 2014, 10:36:07 PM |
|
To know the future of Bitcoin you should start by looking at the past of Bitcoin. TLDR that whole article but seems they were comparing Bitcoin to Fiat. Fact of the matter is when I'm around people they are holding online devices and carrying them around This is a new trend which leads me to believe that the failing fiat model has very real competition to say the least.
|
|
|
|
|
STAyre
Newbie
Offline
Activity: 62
Merit: 0
|
|
July 17, 2014, 02:14:49 PM |
|
To know the future of Bitcoin you should start by looking at the past of Bitcoin.
Disagree. The past of bitcoin wasn't so epic because it can't consist epicness right after launch but after all this years BTC community got bigger and getting bigger everyday so that's why the future of bitcoin is not the similar to the past of bitcoin. |
|
|
|
|
|
qiuxiang
|
|
August 06, 2014, 09:57:01 PM |
|
The future is to be used through out the world, for payment and value storage.
|
|
|
|
|
upal (OP)
|
|
August 16, 2014, 09:09:06 AM |
|
To know the future of Bitcoin you should start by looking at the past of Bitcoin. TLDR that whole article but seems they were comparing Bitcoin to Fiat. Fact of the matter is when I'm around people they are holding online devices and carrying them around This is a new trend which leads me to believe that the failing fiat model has very real competition to say the least.
Not really. But FIAT of course is one of the most prominent analogy while we are discussing Bitcoin. As Bitcoin is first in its own Genre, i.e. CryptoCurrency, U have no other option than making it analogous to similar value storage functions, which are not exactly Bitcoin. |
|
|
|
|
BitCoinDream
Legendary
Offline
Activity: 2324
Merit: 1204
The revolution will be digital
|
|
August 16, 2014, 03:30:54 PM |
|
1 Satoshi will be 100$ in 5-10 years! And those $100 will be nothing if that big bubble price of lots of crazy manufatured dollars just pop. I'll be happy if 1 Satoshi become 1 USD. I'll become a millionaire with my 1 BTC haha .. if it does happen, then I will be the richest young men in my town. fabulous Though I dont have any data to support 1 Satoshi = 1 USD, a statistical explanation shows 100 Satoshi may equal 1 USD. A statistical explanation why 1 BTC may equal 1M USD in future... Value of 1 BTC (around figure) 2009 => 10 -2 USD 2010 => 10 -1 USD 2011 => 10 0 USD 2012 => 10 1 USD 2013 => 10 2 USD 2014 => 10 3 USD 2015 => 10 4 USD 2016 => 10 5 USD 2017 => 10 6 USD --- Early Adoption Ends Here and The Price Stabilizes --- Now, 1 BTC = 10 8 Satoshi. So, if 1 BTC = 10 6 USD, then 100 Satoshi = 1 USD |
|
|
|
fanboy4
Newbie
Offline
Activity: 41
Merit: 0
|
|
August 16, 2014, 03:38:05 PM |
|
Speed can be better with some innovation. |
|
|
|
|
bomb177
Newbie
Offline
Activity: 56
Merit: 0
|
|
August 16, 2014, 03:48:10 PM |
|
1 Satoshi will be 100$ in 5-10 years! And those $100 will be nothing if that big bubble price of lots of crazy manufatured dollars just pop. I'll be happy if 1 Satoshi become 1 USD. I'll become a millionaire with my 1 BTC haha .. if it does happen, then I will be the richest young men in my town. fabulous Maybe there are more bitcoin adopters in your city than you can think of... so you won't be the richest |
|
|
|
|
|
zen2
|
|
August 16, 2014, 03:48:32 PM |
|
Bitcoin is the future of money precisely because there is NO trust involved whatsoever. Bitcoin is the atheism of money, that's why it will destroy all competition.
Nobody can say what Happens with BTC
|
|
|
|
|
chaos31
Newbie
Offline
Activity: 12
Merit: 0
|
|
August 16, 2014, 03:58:03 PM |
|
Bitcoins are limited in total numbers 21mill. Better than gold in the future because who knows what they find on mars. If bitcoin overcome any security problems in the next years bt will go to the MOON!!!! TO THE MOON!!! |
|
|
|
|
ajareselde
Legendary
Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
|
|
August 16, 2014, 10:10:35 PM |
|
I cant say for certain what the future will bring to bitcoin, but im hoping that it will exist not only
as a payment system, but also as a "store of value".
If you abserve how many milionares are paying milion dollar sums for pictures and similar items, just so that they would preserve their capital..
Im hoping bitcoin will become the next safe heaven for those people
|
|
|
|
|
BitCoinDream
Legendary
Offline
Activity: 2324
Merit: 1204
The revolution will be digital
|
|
August 17, 2014, 11:42:59 AM |
|
I cant say for certain what the future will bring to bitcoin, but im hoping that it will exist not only
as a payment system, but also as a "store of value".
If you abserve how many milionares are paying milion dollar sums for pictures and similar items, just so that they would preserve their capital..
Im hoping bitcoin will become the next safe heaven for those people
In short u wanna say that Bitcoin is gonna replace the Swiss Bank accounts ? |
|
|
|
Daniel91
Legendary
Offline
Activity: 3374
Merit: 1824
|
|
August 17, 2014, 04:16:00 PM |
|
I really hope that Bitcoin will become main alternative currency in the world in a next a few years.
At this early stage of adoption, we need more ''big'' merchants to accept bitcoin as payment option.
Without this, people will mostly use Bitcoin as kind of investment, not as alternative way of payment, and this will not help development of Bitcoin in the long term.
|
|
|
|
bitllionaire
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
August 18, 2014, 12:16:01 AM |
|
the future of bitcoin is highly subjected to the adaptation and the conditions of the markers in its development
unpredictable I think
I hope it is as good as possible
|
|
|
|
|
wordman267645
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 18, 2014, 02:29:33 PM |
|
Everything is in the world depends on us and future also depends our past and present.So in the future bitcoin depends on what future are we thinking about..may be in the future it will be vanish or developed by super technology |
|
|
|
|
|
