What is the Future of Bitcoin ?

[defaultking]

Money of future  will be Bitcoin.

Money of the future will be a decentralized currency. The more and more integrated the world becomes, imo, the more and more the world needs a universal currency. I don't think most countries are going to accept some random currency from another country, so I think it will require something like a digital currency to slowly take over the scene. I'm not sure if it will be bitcoin.

If it is bitcoin that would be great because of all the development and support bitcoin already has going for it. On the other hand though if bitcoin doesn't continue to evolve and "steal" some of the ideas of other digital currencies it may become extinct.

[nzminer]

Money of future  will be Bitcoin.

On the other hand though if bitcoin doesn't continue to evolve and "steal" some of the ideas of other digital currencies it may become extinct.

This i agree with.

BTC is a dinosaur and has very little innovation, considering all the devs working on it, im surprised it has not developed further since its initial release.

[BirtRenaldsFan]

Bitcoin has many upcoming plans in terms of revolutionary ways on funding capitalism. We will always find a way to make money with Bitcoin.

[BeGoods]

If i think about it i think the future of bitcoin is being adopted by any financial institution.
The faster that happens, the faster it will be embedded into the global financial system.

I think it will happen, but we don't know when it will happen, how many more years do you think dude?
Is it still long ?
I hope quickly realized, to everyone adopting bitcoin

[Bitcoinpro]

Its already the best start to any year so far, this year has some serious potential

[ajun96]

Its already the best start to any year so far, this year has some serious potential

What potential do you mean, I havent seen the great potential of bitfcoin to become the best currency
the current bitcoin price is on the decline, is this potential ?

[delliaerd]

Bitcoin is a cyber-currency of growing interest to people day by day

I couldn't agree more with you. As additional people can do something illegal action with bitcoin. But at all be based on wises people.

[steveds]

Bitcoin is a cyber-currency of growing interest to people day by day

I couldn't agree more with you. As additional people can do something illegal action with bitcoin. But at all be based on wises people.

People will always use it as they want but it has it's benefits over the fiat's and other unnecessary regulations or controls which can be ignored mostly when you use it the right way.It's good for the common's.

[blackmachinegun]

future of bitcoin is that bitcoin will be used as the main for purchasing from online, all online products selling sites are going to make bitcoin as their payment option.

I cannot wait to be able to buy goods at a variety of sites online stores with bitcoin, I want to buy a drones on ebay with bitcoin

[umaOuma]

future of bitcoin is that bitcoin will be used as the main for purchasing from online, all online products selling sites are going to make bitcoin as their payment option.

I cannot wait to be able to buy goods at a variety of sites online stores with bitcoin, I want to buy a drones on ebay with bitcoin

Don't worry bro, the day will surely come when all websites starts accepting bitcoin as a mode of payment, bitcoin still need some time and support from the people, bitcoin is getting more and more popular day by day so we just need to wait for the right time.

[makingwin1]

well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins

[bitlancr]

well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins

A high price is just 1 point, getting mainsteam and adoption is key though.

For me the price is nothing compared the role of btc in the finance system.

[plorph]

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...

I absolutely second that...

Actually you can do a transaction offline, although its not safe. Just give someone the private keys to an address, say on an SD card. Problem is though that the sender could always keep a copy of the private keys and then spend them before the recipient gets a chance to. It's an interesting problem which maybe there is a solution to...

[thirdchance57]

Money of future  will be Bitcoin.

Money of the future will be a decentralized currency. The more and more integrated the world becomes, imo, the more and more the world needs a universal currency. I don't think most countries are going to accept some random currency from another country, so I think it will require something like a digital currency to slowly take over the scene. I'm not sure if it will be bitcoin.

If it is bitcoin that would be great because of all the development and support bitcoin already has going for it. On the other hand though if bitcoin doesn't continue to evolve and "steal" some of the ideas of other digital currencies it may become extinct.

I also do not think that this will be Bitcoin that will be the decentralized currency.  My reasoning behind this is that Bitcoin is currently mined by many many people.  As the mining gets harder and more expensive, the only ones who will be left mining will be larger companies.  When this happens, someone will need to step in and put some control over these companies and what they can and can not do.  If you control over 99% of the mining between a few larger companies, who is to stop them from increasing their transaction fees up and up and up.  Here is where I see one of the only issues at this time.

[ajun96]

well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins

even more than that, everyone hoped that bitcoin will be one of the currencies most widely in the world, and all stores accept bitcoin, it will be very beautiful

[BeGoods]

well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins

A high price is just 1 point, getting mainsteam and adoption is key though.

For me the price is nothing compared the role of btc in the finance system.

ya right, the first is the adoption and deployment of bitcoin, if everyone uses and adopt bitcoin, I'm sure the price will be driven up
bitcoin is original financial system

[Rizky Aditya]

future of bitcoin is paying for everything with bitcoins, everyday grocery etc

I think a lot will accept Bitcoin in the future. I don't think that Bitcoin will replace fiat though. I think Bitcoin's price will reach $10,000, after a very long time.

well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins

Very true. It is already starting to attract more people and the price is already rising.

[Kevin77]

well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins

The higher price of bitcoin and the largest user base of bitcoin are interlinked. Each one attracts the other one.
Yes, if price of bitcoin goes higher, it will attract more users.
If bitcoin attracts more users, price obviously will go up.
So, there are lot of possibilities for bitcoin becoming, more popular and higher valued.

[umaOuma]

well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins

The higher price of bitcoin and the largest user base of bitcoin are interlinked. Each one attracts the other one.
Yes, if price of bitcoin goes higher, it will attract more users.
If bitcoin attracts more users, price obviously will go up.
So, there are lot of possibilities for bitcoin becoming, more popular and higher valued.

Yeah it is getting more popular day by day and there is significant increase in the customer base of bitcoins and that is good news bitcoin community as there are more users the price of bitcoin will go up and people will have more faith in bitcoins if the price of bitcoins becomes more stable.

[blackmachinegun]

why do people always think of a good future, what if in the future there will be new competitors new coin which is greater than bitcoin in technology?