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Author Topic: What is the Future of Bitcoin ?  (Read 76827 times)
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serjent05
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July 18, 2016, 08:09:10 AM
 #821

but to me the futrue of bitocin is bright and excellent. i think a time will come when bitocin will overcome all the crypto currencies as well as the local currencies of the world and people will do trade in bitcoin only.

The bitcoin is already the number one digital coin. If there no big problem in the developement, it will be on top.

I agree, bitcoin will be the king of crypto and it will take long time for other to outrank it.  I think bitcoin will be welcomed by the government but not be used as national currency.  As government welcom bitcoin, it will be more strict in rule about using bitcoin to avoid / minimize illegal usage of bitcoin.

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danherbias07
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July 18, 2016, 08:27:32 AM
 #822

but to me the futrue of bitocin is bright and excellent. i think a time will come when bitocin will overcome all the crypto currencies as well as the local currencies of the world and people will do trade in bitcoin only.

The bitcoin is already the number one digital coin. If there no big problem in the developement, it will be on top.

I agree, bitcoin will be the king of crypto and it will take long time for other to outrank it.  I think bitcoin will be welcomed by the government but not be used as national currency.  As government welcom bitcoin, it will be more strict in rule about using bitcoin to avoid / minimize illegal usage of bitcoin.

Minimizing illegal usage of bitcoin wi be tough. We know its free and we dont really know what are the transactions for. We just send bitcoin and anyone could be suspect to being illegal.

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Mastsetad
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July 20, 2016, 06:24:48 AM
 #823

but to me the futrue of bitocin is bright and excellent. i think a time will come when bitocin will overcome all the crypto currencies as well as the local currencies of the world and people will do trade in bitcoin only.

The bitcoin is already the number one digital coin. If there no big problem in the developement, it will be on top.

It has always been on top, it is already on top and it will also be on top in future, i don't think any coin can cross bitcoin so early in value, it has grown a very big value within it's users and the users database is increasing rapidly so i don't think the users would stop using bitcoin and till the users will not stop using it so nothing can bring it down.
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July 20, 2016, 06:32:45 AM
 #824

but to me the futrue of bitocin is bright and excellent. i think a time will come when bitocin will overcome all the crypto currencies as well as the local currencies of the world and people will do trade in bitcoin only.

The bitcoin is already the number one digital coin. If there no big problem in the developement, it will be on top.

It has always been on top, it is already on top and it will also be on top in future, i don't think any coin can cross bitcoin so early in value, it has grown a very big value within it's users and the users database is increasing rapidly so i don't think the users would stop using bitcoin and till the users will not stop using it so nothing can bring it down.
It we who make it be on top always. Lets support BTC as always to see the hike in everything. I am sure this would last forever and serve lot more people as it does now.
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July 20, 2016, 06:52:42 AM
 #825

It is pretty hard to predict the future of the Bitcoin because so much can happen in the mean time which can change your opinion on the future again.
So with bitcoin is important to focus on the present and not on the future as much.
it is very difficult to predict but I believe bitcoin have a future better than paypal or others. because bitcoin is a technology that can make the unemployed become a millionaire. everyone would be targeted bitcoin in the future
could say paypal will have a bright future just like bitcoin because they'd make a cooperation with bitcoin,i would say they're smart in this case ,turning a threat into a thing which could give them benefits,and the result they will grew up bigger and success in the future

paypal never did any kind of cooperation with bitcoin because they are mainly against it, unless you know something that I haven't heard about yet!
besides paypal and all those other online payment systems are going to become obsolete in a couple of years and cryptocurrencies will replace all of them because they so much cheaper and better to use for online payments.

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July 20, 2016, 06:58:56 AM
 #826

It is pretty hard to predict the future of the Bitcoin because so much can happen in the mean time which can change your opinion on the future again.
So with bitcoin is important to focus on the present and not on the future as much.
it is very difficult to predict but I believe bitcoin have a future better than paypal or others. because bitcoin is a technology that can make the unemployed become a millionaire. everyone would be targeted bitcoin in the future
could say paypal will have a bright future just like bitcoin because they'd make a cooperation with bitcoin,i would say they're smart in this case ,turning a threat into a thing which could give them benefits,and the result they will grew up bigger and success in the future

paypal never did any kind of cooperation with bitcoin because they are mainly against it, unless you know something that I haven't heard about yet!
besides paypal and all those other online payment systems are going to become obsolete in a couple of years and cryptocurrencies will replace all of them because they so much cheaper and better to use for online payments.

Maybe paypal is against bitcoin because they have a hunch what potential resides in bitcoin and the blockchain?
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July 20, 2016, 07:29:17 AM
 #827

It is pretty hard to predict the future of the Bitcoin because so much can happen in the mean time which can change your opinion on the future again.
So with bitcoin is important to focus on the present and not on the future as much.
it is very difficult to predict but I believe bitcoin have a future better than paypal or others. because bitcoin is a technology that can make the unemployed become a millionaire. everyone would be targeted bitcoin in the future
could say paypal will have a bright future just like bitcoin because they'd make a cooperation with bitcoin,i would say they're smart in this case ,turning a threat into a thing which could give them benefits,and the result they will grew up bigger and success in the future

paypal never did any kind of cooperation with bitcoin because they are mainly against it, unless you know something that I haven't heard about yet!
besides paypal and all those other online payment systems are going to become obsolete in a couple of years and cryptocurrencies will replace all of them because they so much cheaper and better to use for online payments.

Maybe paypal is against bitcoin because they have a hunch what potential resides in bitcoin and the blockchain?
i think because paypal see the potential of bitcoin that can dominates them into online transaction and they see also the good services of the blockchain that is why paypal do not cooperate in online transaction
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July 20, 2016, 05:04:08 PM
 #828

In a few years, the Paypal will incorporate the bitcoin. That will reduce its cost quite a lot and it can make more profit.
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July 20, 2016, 05:09:50 PM
 #829

In a few years, the Paypal will incorporate the bitcoin. That will reduce its cost quite a lot and it can make more profit.

Bitcoin 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.
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July 20, 2016, 07:42:01 PM
 #830

I think the bitcoin have great future because it's noticed that it's growing up daily and many marketplaces start to use it as payment processor, and also its price still increasing likely as its usability. I would really like to see Bitcoin wallets being linked to a paypal account. If that could ever happen, that would just globalise the bitcoin currency.
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July 20, 2016, 07:55:27 PM
 #831

In a few years, the Paypal will incorporate the bitcoin. That will reduce its cost quite a lot and it can make more profit.

I can't see PayPal doing that as it will basically means that their own service will generate severely less revenue and profit. They already know the power of Bitcoin, so they definitely won't do something that may hurt their way of doing business.
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July 20, 2016, 07:58:49 PM
 #832

Everyone is asking what the future of bitcoin is, however these same people are not helping in making it easier to use bitcoin or promote bitcoin where it will be more common in their areas.  So I think we need to stop asking what will happen and start pushing the use of Bitcoin.



                                                                                                                                             
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Imoote
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July 21, 2016, 07:52:04 AM
 #833

I think the bitcoin have great future because it's noticed that it's growing up daily and many marketplaces start to use it as payment processor, and also its price still increasing likely as its usability. I would really like to see Bitcoin wallets being linked to a paypal account. If that could ever happen, that would just globalise the bitcoin currency.

Each crypto has a good future as bitcoin. If updated continuously and can follow the development will definitely have a good future. Bitcoin has many conveniences that make people become interested in bitcoin.
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July 21, 2016, 11:15:25 AM
 #834

paypal never did any kind of cooperation with bitcoin because they are mainly against it, unless you know something that I haven't heard about yet!
besides paypal and all those other online payment systems are going to become obsolete in a couple of years and cryptocurrencies will replace all of them because they so much cheaper and better to use for online payments.

Not in a couple of years, bitcoin had already affected their business as we can see a lot of users who used to send or receive payments with those payment processors like paypal or any other are currently using bitcoin because it is faster and easier to use, besides it is safer then them because you can keep your bitcoin safely in a cold wallet in your hardware which you cannot do in any other online currency.
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July 21, 2016, 11:22:25 AM
 #835

Bitcoin price grows gradually and it gets a stable price when the adoption and user profile crosses certain limits, until then price variation happens in accordance to special events and the adoption taking place in respect to time.

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July 21, 2016, 11:36:55 AM
 #836

i bielieve that the future of bitcoin will be 1300 dollars it will reach or even pass gold price  Wink Wink
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July 21, 2016, 01:20:34 PM
 #837

Bitcoin can be regarded as a new model-based investment technology. While the older models such as gold investment remains abandoned by investors, bitcoin will probably be excellent throughout the world, as developing countries increasingly recognize and use bitcoin. Although the current system is still evolving, in the future this system can be a robust system in place to bring the ease of global payment. so I believe bitcoin will have a good future with high prices.
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July 21, 2016, 01:29:30 PM
 #838

It looks very bright for bitcoin in the future.

Globalization is coming to an end. Countries will secure their borders more than ever. Nationalism will rise again. They tried to create a world without borders but that's not possible because not everyone in the world have the same education, wealth etc. You can't make everyone happy. Some people are just dumb. You can't cure dumb.

In a time like that, there will be some restrictions. Bitcoin can overcome those restrictions.

Imagine there is a huge economic crisis coming in your country (like the one in Greece) you would want to withdraw every penny you got before something bad happens right? Banks are never safe, they can  go bankrupt. Gov's can steal your money. You may try to hide them in your house, which can also get stolen.

What about a tiny piece of paper which nobody will give a damn about what it is? (paper wallet) It can get wet and still get stolen, also bitcoin isn't the most stable currency out there but still, better than NOTHING.

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July 21, 2016, 01:33:57 PM
 #839

It looks very bright for bitcoin in the future.

Globalization is coming to an end. Countries will secure their borders more than ever. Nationalism will rise again. They tried to create a world without borders but that's not possible because not everyone in the world have the same education, wealth etc.

In a time like that, there will be some restrictions. Bitcoin can overcome those restrictions.

Imagine there is a huge economic crisis coming in your country (like the one in Greece) you would want to withdraw every penny you got before something bad happens right? Banks are never safe, they can  go bankrupt. Gov's can steal your money. You may try to hide them in your house, which can also get stolen.

What about a tiny piece of paper which nobody will give a damn about what it is? (paper wallet) It can get wet and still get stolen, also bitcoin isn't the most stable currency out there but still, better than NOTHING.

I think it would be a difficult situation to avoid though. If your currency is currently in FIAT and your country gets an economic crisis, how much time really would you have to make a transaction and convert all your money to Bitcoins, would you be able to buy Bitcoin that is enough to sustain the money you have? It's better to prepare for such occurences beforehand.
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July 21, 2016, 08:10:41 PM
 #840

It looks very bright for bitcoin in the future.

Globalization is coming to an end. Countries will secure their borders more than ever. Nationalism will rise again. They tried to create a world without borders but that's not possible because not everyone in the world have the same education, wealth etc.

In a time like that, there will be some restrictions. Bitcoin can overcome those restrictions.

Imagine there is a huge economic crisis coming in your country (like the one in Greece) you would want to withdraw every penny you got before something bad happens right? Banks are never safe, they can  go bankrupt. Gov's can steal your money. You may try to hide them in your house, which can also get stolen.

What about a tiny piece of paper which nobody will give a damn about what it is? (paper wallet) It can get wet and still get stolen, also bitcoin isn't the most stable currency out there but still, better than NOTHING.

I think it would be a difficult situation to avoid though. If your currency is currently in FIAT and your country gets an economic crisis, how much time really would you have to make a transaction and convert all your money to Bitcoins, would you be able to buy Bitcoin that is enough to sustain the money you have? It's better to prepare for such occurences beforehand.
It's only a matter of time that the governments will implement some kind of issuing tax on every bitcoin transaction. I've heard of news about some state in america actually planning to do that, but that was months ago. I'm not sure how it went. But with that idea around, it's not impossible for other states or countries to try and do the same.

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