What is the Future of Bitcoin ?

[freedomgo]

i think in future bitcoin can accepted by all people in the world, and each people have "smart card wallet" when we can receive and send our bitcoin just put PIN/privekey

If  bitcoin achieves the physical form like credit/debit card then I am sure it will get more popular and more people will start using it as people have more faith in something that they can hold physically.

It would surely reach to that point but it needs quite a lot of time to reach there as before that it needs to get adopted by resources in physical because without that people wont believe it and wont be ready to use it like how they use fiat.

just a concept, or dream : the smart card wallet have a secure protection, every one can see the wallet addres and the balance of bitcoin, but the privekey only stored by bank. in this case only bank can move the bitcoin, but the pisycal of this wallet is legal like normal money,

i hope in future bank can produce it 

Oh. I think someone is working at the bank or in to financial services.  you have a cool idea I hope some will be reading this specially those bank owners but I doubt they are here.

Is the debit card funded by with bitcoins is different from what you are talking here? I think we already have that system but unfortunately, it is not widely use and encourage by the banks, they have their own set of rules and they will have to comply with it. It is the central bank that is making the rules to be implement uniformly to all banks.

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[setupbounds]

I don't think It will terminate all the payment mediums. It will over cross paypal and It occupy the number one rank in payment windows. Other than that bitcoin will become well money in future and all the will accept bitcoins and even paypal also may open sending bitcoins through paypal medium.

Not all people can hug the bitcoin system so it's a dumb thing to desire that bitcoin will terminate other payment processor. In the first place, that's why merchants have lots of different payment processor is to touch all of it's clients.

If only bitcoin will prevail, then it will just make other clients to not choose that merchants since like I said everyone can't used bitcoin.

Yes, you’re right. Bitcoin can be very convenient and powerful and be used by an uncountable amount of people but other currencies will continue stay alive along with bitcoin. And there will be people who still use these currencies so if there is only one kind of payment processor, people won’t accept that.

[Mastsetad]

I don't think It will terminate all the payment mediums. It will over cross paypal and It occupy the number one rank in payment windows. Other than that bitcoin will become well money in future and all the will accept bitcoins and even paypal also may open sending bitcoins through paypal medium.

Not all people can hug the bitcoin system so it's a dumb thing to desire that bitcoin will terminate other payment processor. In the first place, that's why merchants have lots of different payment processor is to touch all of it's clients.

If only bitcoin will prevail, then it will just make other clients to not choose that merchants since like I said everyone can't used bitcoin.

Yes, you’re right. Bitcoin can be very convenient and powerful and be used by an uncountable amount of people but other currencies will continue stay alive along with bitcoin. And there will be people who still use these currencies so if there is only one kind of payment processor, people won’t accept that.

Thats right, even if bitcoin is used by a large number of users in the world but the presence of other payment processors are also important because maybe not everyone uses bitcoin for their buying and selling businesses so the merchants wont be able to make them use just bitcoin.

[sk00t3r]

I think a time will come when bitocin will overcome all the  wold currencies as well as the local currencies of the world and people will do trade in bitcoin only.

[retepier]

I think the future of bitcoin is very good as in future it will be widely used and accepted and many businesses will start using bitcoin which will take bitcoin to a higher level. Great example could be Megaupload 2.0.

[asriloni]

i think in future bitcoin can accepted by all people in the world, and each people have "smart card wallet" when we can receive and send our bitcoin just put PIN/privekey

If  bitcoin achieves the physical form like credit/debit card then I am sure it will get more popular and more people will start using it as people have more faith in something that they can hold physically.

It would surely reach to that point but it needs quite a lot of time to reach there as before that it needs to get adopted by resources in physical because without that people wont believe it and wont be ready to use it like how they use fiat.

just a concept, or dream : the smart card wallet have a secure protection, every one can see the wallet addres and the balance of bitcoin, but the privekey only stored by bank. in this case only bank can move the bitcoin, but the pisycal of this wallet is legal like normal money,

i hope in future bank can produce it 

Oh. I think someone is working at the bank or in to financial services.  you have a cool idea I hope some will be reading this specially those bank owners but I doubt they are here.

Is the debit card funded by with bitcoins is different from what you are talking here? I think we already have that system but unfortunately,

A lot of bitcoin users is not exciting for using bitcoin debit card is caused by the fees is very high, I ever trying using bitcoin debit card but my first impression to withdrawal my bitcoin using that and taking $3.15 for fees in every transaction.

[freedomgo]

i think in future bitcoin can accepted by all people in the world, and each people have "smart card wallet" when we can receive and send our bitcoin just put PIN/privekey

If  bitcoin achieves the physical form like credit/debit card then I am sure it will get more popular and more people will start using it as people have more faith in something that they can hold physically.

It would surely reach to that point but it needs quite a lot of time to reach there as before that it needs to get adopted by resources in physical because without that people wont believe it and wont be ready to use it like how they use fiat.

just a concept, or dream : the smart card wallet have a secure protection, every one can see the wallet addres and the balance of bitcoin, but the privekey only stored by bank. in this case only bank can move the bitcoin, but the pisycal of this wallet is legal like normal money,

i hope in future bank can produce it 

Oh. I think someone is working at the bank or in to financial services.  you have a cool idea I hope some will be reading this specially those bank owners but I doubt they are here.

Is the debit card funded by with bitcoins is different from what you are talking here? I think we already have that system but unfortunately,

A lot of bitcoin users is not exciting for using bitcoin debit card is caused by the fees is very high, I ever trying using bitcoin debit card but my first impression to withdrawal my bitcoin using that and taking $3.15 for fees in every transaction.

Debit card is only good for the users with a good amount of bitcoin and big spender at the same time. They feel the convenience in using it despite the big charges of using it, maybe I will come into that level but for now I am focus more on investing rather than spending.

[Mastsetad]

I think a time will come when bitocin will overcome all the  wold currencies as well as the local currencies of the world and people will do trade in bitcoin only.

That is not possible i guess, bitcoin may come into mainstream after getting adopted by some bigger resources in practical world but it will not be able to overcome all the currencies used in the world but it might get used as a second best currencies in a particular country.

[marketgold]

My opinion is that bitcoin will grow and in future more people will use it. It will be also used in personal life , like in markets

[soros017]

My opinion is that bitcoin will grow and in future more people will use it. It will be also used in personal life , like in markets

I hope so. It may solve many economic problems, but I think it will take a few years to be adopted as a currency to be used daily.

[Sontoloyo]

Theoretically at least, this could create enough deflation per year that basically nobody would ever want to actually spend a bitcoin, which would lead to a crash/total failure of the bitcoin economy.

[Mastsetad]

Theoretically at least, this could create enough deflation per year that basically nobody would ever want to actually spend a bitcoin, which would lead to a crash/total failure of the bitcoin economy.

You are wrong about that, there are a lot of people waiting for the price to grow a bit more so that they can convert their bitcoins to be used so that is not that case that no one would spend a bitcoin and that can lead it to failure, there are always people investing and also on the other side there are people who are spending bitcoins that is the reason why it is the leading crypto currency till date.

[wibuindon]

What is the future of bitcoin?
Actually, bitcoin is the future of digital currency 

[Imoote]

Theoretically at least, this could create enough deflation per year that basically nobody would ever want to actually spend a bitcoin, which would lead to a crash/total failure of the bitcoin economy.

You are wrong about that, there are a lot of people waiting for the price to grow a bit more so that they can convert their bitcoins to be used so that is not that case that no one would spend a bitcoin and that can lead it to failure, there are always people investing and also on the other side there are people who are spending bitcoins that is the reason why it is the leading crypto currency till date.

Haha yeah right in my opinion represent bitcoin digital currency. Bitcoin now increasingly advanced that continues to grow. The future of bitcoin will be good if often progressing. I'm sure a lot of people using bitcoin and prices will increase.

[Dadabong]

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!

[johnnyyash]

there will be an increase in bitcoin exchange rate and value..

[lienfaye]

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!

Yes maybe bitcoin cant replace that but we are hoping that there would be a good improvement like it will be widely accepted in many countries and can use to purchase items as regular currency. if that happens it will be a good future ahead of us.

[ethereumhunter]

I think a time will come when bitocin will overcome all the  wold currencies as well as the local currencies of the world and people will do trade in bitcoin only.

i am thinking the same as you bro and i really hope this will happen for real for future because the concept of bitcoin actually can be integrate with bank government. beside that many bitcoiner that really waiting for store online that can accepted bitcoin as payments so it will make bitcoiner to shop with their balance.

[stromma44]

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!

Yes maybe bitcoin cant replace that but we are hoping that there would be a good improvement like it will be widely accepted in many countries and can use to purchase items as regular currency. if that happens it will be a good future ahead of us.

Many online sites have started to accept bitcoin as a payment method and in future we will see many more sites getting into it and it will be much easier to spend at physical places too.

[adadaorlina]

The reason why it's getting most popular in the future because more people are using it and would definitely make it one of the better alternatives to fiat in years to come.