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Author Topic: What is the Future of Bitcoin ?  (Read 76826 times)
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gogxmagog
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September 07, 2014, 06:59:04 AM
 #161

I won't be happy until I can buy my soilent with btc
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September 08, 2014, 11:20:50 AM
 #162

It will flourish I think. There are a lot of people depending on it tho.

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September 08, 2014, 11:22:27 AM
 #163

The Future is 10 000$  Cheesy
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September 08, 2014, 06:48:47 PM
 #164

The future of Bitcoin is what we make it...

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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September 08, 2014, 07:00:30 PM
 #165

Mass adoption. Stupid money for a single BTC etc.
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September 08, 2014, 08:07:32 PM
 #166

The Future is 10 000$  Cheesy

That might actually happen soon Wink

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10-2 USD
2010 => 10-1 USD
2011 => 100 USD
2012 => 101 USD
2013 => 102 USD
2014 => 103 USD
2015 => 104 USD
2016 => 105 USD
2017 => 106 USD

--- Early Adoption Ends Here and The Price Stabilizes ---

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September 09, 2014, 03:15:30 AM
 #167

Unfortunately the greed that controls the legacy banking system with their printed legal tender cronies will have a whole lot to say about this
They will indeed have a great deal to say. But for the first time in history they can't say it while pointing a gun at the competition.

And with each passing day the world will listen to them less and less. With each new financial crisis the world will get sicker and sicker of hearing their lies.

With each new violent act the world will tire more and more of supporting their blood money. The banksters' days are numbered friends, believe me.

This is the end for them. A total paradigm shift. This is the beginning for the rest of us. Take heart, brothers and sisters.



We are the future, and they are the past.


Love that post

For what shall it profit a man, if he shall gain the world, and lose his own soul?
SW725
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September 09, 2014, 04:35:42 AM
 #168

The Future is 10 000$  Cheesy

Possible in 5 years. Not today.
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September 09, 2014, 04:37:15 AM
 #169

The Future is 10 000$  Cheesy

Possible in 5 years. Not today.

Are you out of your mind? $10 000? If bitcoin will continue to flourish then its maybe around 20 years to reach that amount.

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September 09, 2014, 04:38:24 AM
 #170

BTC as an investment appears to be rock solid... compared to parking your cash in a bank account which earns you no growth opportunities... why not venture into a much higher upside.... we are in a state of major infrastructure growth and a broad based public recognition... with today's price I can't think of a better time to secure coins.

This one is a firm believer. Are you rich sir?

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September 09, 2014, 02:29:04 PM
 #171

Quote
Transactions in legal tender do not necessarily require any internet connection. But unlike legal tender, Bitcoin is necessarily associated with the internet. So, even maximum possible transactions in the digital currency are bound to be less than legal tender, at least in foreseeable future. However, as a medium of exchange and fund transfer, Bitcoin enjoys some distinct advantages over fiat money.

  Here is an article on the future of bitcoin. Would like to have community feedback on it...




Being able to easily transact without an internet connection is one of the advantages of cash over BTC at the moment, IMO.  It is a huge advantage of BTC to be able to make large transaction with BTC without suitcases full of cash though...

People do not have suitcases of cash. Majority of the people in the world do not use internet. You do the rest.

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September 09, 2014, 02:38:19 PM
 #172

BTC as an investment appears to be rock solid... compared to parking your cash in a bank account which earns you no growth opportunities... why not venture into a much higher upside.... we are in a state of major infrastructure growth and a broad based public recognition... with today's price I can't think of a better time to secure coins.

This one is a firm believer. Are you rich sir?
We all are, soon.

"But Ready says betting on bitcoin now is a lot like betting on mobile commerce three or four years ago. People shopping on their phones back then was a very small part of the online shopping market. But that percentage has grown, and Braintree was able to ride that wave to its current success."

http://www.wired.com/2014/09/paypals-support-is-the-best-thing-that-could-happen-to-bitcoin/

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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September 09, 2014, 02:44:43 PM
 #173

the futre of bitcoin should be an hard fork that add some features i think, like a fast transaction and other maybe a pos along with pow? just fixing bug won't cut it

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BitCoinDream
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September 09, 2014, 07:18:37 PM
 #174

the futre of bitcoin should be an hard fork that add some features i think, like a fast transaction and other maybe a pos along with pow? just fixing bug won't cut it

Making block mining too fast is not good for the network. With time no. of Tx will increase within limited time. There should be enough network propagation time for nodes to update their memory pool. If a certain Tx does not get enough broadcast due to time limitation, that may be exploited as double spending.

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September 16, 2014, 08:25:32 AM
 #175

It might collapse and will caught everyone off guard.  Grin
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September 16, 2014, 10:04:53 AM
 #176

In my opinion Bitcoin will last for long time. Day by day it's popularity is increasing and I think it will keep rising.
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September 16, 2014, 10:16:32 AM
 #177

In a future when Internet will be everywhere (And I Say EVERYWHERE), Bitcoin will be the largest used currency because you with a click can pay without any commission to the other company like Visa, Mastercard ecc. Anyway, Bitcoin is decentralized and not controlled from any entity.
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September 18, 2014, 07:14:13 AM
 #178

Someone jsut cracked me up saying bitcoin will stabilize at "0" in a couple of years.  Grin Grin

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September 18, 2014, 07:28:33 AM
 #179

Someone jsut cracked me up saying bitcoin will stabilize at "0" in a couple of years.  Grin Grin

You should add a "1" in front and about seven "0" in the end of that number Smiley
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September 26, 2014, 04:08:54 PM
 #180

Someone jsut cracked me up saying bitcoin will stabilize at "0" in a couple of years.  Grin Grin

Show him/her the following Stat and ask for his/her opinion...

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10-2 USD
2010 => 10-1 USD
2011 => 100 USD
2012 => 101 USD
2013 => 102 USD
2014 => 103 USD
2015 => 104 USD
2016 => 105 USD
2017 => 106 USD

--- Early Adoption Ends Here and The Price Stabilizes ---

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