What is the Future of Bitcoin ?

[danherbias07]

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...

The future of anybody or anything even Bitcoin cannot be said to be certain as no now can tell how the future will be as we can only predict based on the factors we have at hand as well as holding some other factors constant as this is also the case of Bitcoin as various predictions and counter predictions have been made some have been corect while others have been refuted and this are factors beyond an individual control. So I would propose that the future will take care of it self... My 2 cents...

I second the motion.  though with just letting it do its future we can also predict. It is not on the rule to not predict it, actually it is also good and somehow different persons usee it for betting to what the price will be.

[Harlot]

The future of Bitcoin in terms of mode of payment they will give mor econvenience to people who are looking for a reliable kind of payment. Also it dependsbon how many users will use BTC.

[terman45x]

The future of Bitcoin in terms of mode of payment they will give mor econvenience to people who are looking for a reliable kind of payment. Also it dependsbon how many users will use BTC.

Bitcoin will definitely take over all the payment system in future, only the fact is that at a moment not many are aware about it but once they will know about it they will surely start using it.

[Mastsetad]

I think that the future is adoption, by most of the people in the planet, because Bitcoin solves real problems and makes the life of people easier.

Adoption will make the future of bitcoin more brighter as it would get more popular among people who never used or tried to earn or have bitcoins ever, so if bitcoin is adopted by many resources then the people would surely take interest in it and that would bring a huge revolution in bitcoins user database which will make bitcoin always the most valueable coin of the world.

[Imoote]

The future of Bitcoin in terms of mode of payment they will give mor econvenience to people who are looking for a reliable kind of payment. Also it dependsbon how many users will use BTC.

Bitcoin will definitely take over all the payment system in future, only the fact is that at a moment not many are aware about it but once they will know about it they will surely start using it.

Yes maybe in the future there will be more who accept bitcoin so we repay with ease using our bitcoin. In addition to the future of bitcoin will have many users and it will evolve.

[qiman]

I think bitcoin can be known as the precursor to a resource based economy or a facilitator and also it will give many millions of people without access to banking, a way in which they can not only earn, but also be included in the Global economy.

[Ewinsane]

i think bitcoin will be more powerful in the future and we can buy everything directly with bitcoin in the future .

[emberbekas]

I think bitcoin has a bright future. From time to time, the numbers of people who knows bitcoin are increasing, and likely in the future, there will be a lot of merchants both online and offline that will accept bitcoin as a means of payment. I am looking forward for that day to come!

[dumpida]

I think bitcoin has a bright future. From time to time, the numbers of people who knows bitcoin are increasing, and likely in the future, there will be a lot of merchants both online and offline that will accept bitcoin as a means of payment. I am looking forward for that day to come!

It will just take some time for the bitcoin become more popular, just like what it did in the past seven years.

[dragonballz1]

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.

[dezoel]

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.

Agreed for the better future and higher price of bitcoin I think it should be used and accepted widely as only converting to fiat will not serve the purpose in long run.

[ajun96]

I think bitcoin can be known as the precursor to a resource based economy or a facilitator and also it will give many millions of people without access to banking, a way in which they can not only earn, but also be included in the Global economy.

I think it would be quite impossible for bitcoin could be the global economy and make many users prefer to save their money rather than in a bank bitcoin. the first is that fiat is always going to win so people will prefer to save their money in a fiat rather than in bitcoin

[CryptoBjorn]

At this moment the future depends on how fast it will get adoption. If that moment is fast then we will see banks and creditcard companies embed bitcoin too.
Not just merchants, but even on the government level it may become embedded.

[elDano]

At this moment the future depends on how fast it will get adoption. If that moment is fast then we will see banks and creditcard companies embed bitcoin too.
Not just merchants, but even on the government level it may become embedded.

You make a solid point although I expect that the government will be the last party who will use bitcoin.
The banks got a good lobby with the governments.

[JeffBrad12]

At this moment the future depends on how fast it will get adoption. If that moment is fast then we will see banks and creditcard companies embed bitcoin too.
Not just merchants, but even on the government level it may become embedded.

IN this time I saw like PayPal is starting making a partnership with bitcoin institution or companies like coinbase, and does it is a markings for the future of bitcoin?maybe just waiting for other large companies want to consider making partnerships with bitcoin.

[lionheart78]

The future of bitcoin in my  opinion is very certain.  Paypal is moving it's ass to rake advantage o f bitcoin thru partnering with bitcoin company institution.  McAffee is now planning to support bitcoin network by planning to  launch a hydro-powered bitcoin mining farm.  Each year is a milestone of achievement for bitcoin.  Adoption and acceptance is getting popular for bitcoin each day.

[Mastsetad]

The future of bitcoin in my  opinion is very certain.  Paypal is moving it's ass to rake advantage o f bitcoin thru partnering with bitcoin company institution.  McAffee is now planning to support bitcoin network by planning to  launch a hydro-powered bitcoin mining farm.  Each year is a milestone of achievement for bitcoin.  Adoption and acceptance is getting popular for bitcoin each day.

The increment in adoption level of bitcoin would bring a great revolution for bitcoin in practical world as more people and places will come to know about bitcoin and the more people will start using and earning or buying bitcoins its value will go to sky.

[freedomgo]

I believe that the future of bitcoin is bright and I believe it will be a major currency in the future, if you could see how valuable it is now, it is more valuable in the future. Those who save and invest now will be rewarded once major adoption will be achieve and eventually the price will increase.

[altair09]

I think Bitcoin will continue to explode, there will probably be a few setbacks somewhere along the line, but I am fairly certain it will continue to grow.

[bitgolden]

At this moment the future depends on how fast it will get adoption. If that moment is fast then we will see banks and creditcard companies embed bitcoin too.
Not just merchants, but even on the government level it may become embedded.

It is not really dependent on how fast it will get an adoption really.
Because it only needs one big major company to get a heavy profit from bitcoins and that's going to have every other companies to adopt bitcoins because profits.