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Author Topic: What is the Future of Bitcoin ?  (Read 76826 times)
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Xenophoto
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July 30, 2016, 04:19:58 AM
 #961

I see bitcoins as a currency that has a projectile of going up. There might be some major and minor ups and downs but if you take a look at the chart from the start, it went from the bottom and now we're above halfway reaching the highest price from before which was 1200$.

But anyway, we shouldn't depend solely on bitcoins. We should also invest in fiat because we don't know what are the problems that we would face in the future in bitcoin. Bitcoin is a purely digital data and maybe someone so exceptional would be able to destroy it in the future.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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July 30, 2016, 06:33:20 AM
 #962

The future is quite bright as the supply is limited, and I could not see the potential from any other altcoins to outperform bitcoin in near future. Also due to BTC there are n number of altcoins come up and few have made money from them though at the end majority of them have no value today in the market.
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July 30, 2016, 07:05:27 AM
 #963

The future is quite bright as the supply is limited, and I could not see the potential from any other altcoins to outperform bitcoin in near future. Also due to BTC there are n number of altcoins come up and few have made money from them though at the end majority of them have no value today in the market.
Yah. I happen to come across an article on this. Many altcoins were launched and yet they are on the way to a little growth. BTC has reached a lot. Its benefits have made many life happy and still it does. As everyone confirms instead predicting that the bitcoin is going to have a good and bright growth in future. Yes indeed it is going to have a good future.
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July 30, 2016, 07:14:19 AM
 #964

The future is quite bright as the supply is limited, and I could not see the potential from any other altcoins to outperform bitcoin in near future. Also due to BTC there are n number of altcoins come up and few have made money from them though at the end majority of them have no value today in the market.
Yah. I happen to come across an article on this. Many altcoins were launched and yet they are on the way to a little growth. BTC has reached a lot. Its benefits have made many life happy and still it does. As everyone confirms instead predicting that the bitcoin is going to have a good and bright growth in future. Yes indeed it is going to have a good future.

No altcoin can compete with bitcoin achievements as of today since it been here for how many years and still growing and developing and it became famous  day by day and no altcoin can beat that even they reach it  but bitcoin is far away from them. Bitcoin has a bright future.

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July 30, 2016, 11:17:25 AM
 #965

future of bitcoin is paying for everything with bitcoins, everyday grocery etc
I agreed with you, I do believe that all countries will adopt the good system bitcoin has.
And it will happen soon that all payment transactions will pay through bitcoins. M eaning there will be one currency to be used all over the world.

yes that is a fact i am also agree with you. i think most of the countries are still thinking about bitcoin they are going to legalize bitcoin. they have to make rules and regulation for bitcoin hope that a time will come when all the countries of the world will accept bitcoin and bitcoin will become a universal currency and all over the world bitcoin will be use as one and single currency having equal value all over the world.
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July 30, 2016, 11:19:11 AM
 #966

i think bitcoin technology will be more advance in the future and i think we can use bitcoin directly in shops or etc in the future .
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July 30, 2016, 11:38:39 AM
 #967

There are not people who know about the future even if for 1 minute later, and it is apply for bitcoin and another cryptos coins. But we can make prediction and opinion about the future of bitcoin, if there are many people use bitcoin in real life i think it will make future of bitcoin becoming good and if there are not people who use it. Should we be ready for falling of bitcoin.
yeah maybe everything what you say is right, we never know what will happen 1 minutes again but we know bitcoin can survive for 5 year more than now.

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July 30, 2016, 11:42:43 AM
Last edit: July 30, 2016, 12:01:26 PM by Strongkored
 #968

i think bitcoin technology will be more advance in the future and i think we can use bitcoin directly in shops or etc in the future .

Yeah you right, I am also optimistic bitcoin will be growing in the future. Beside that I think there have been several physical stores that accept bitcoin with it is certain that if bitcoin survive the stores like it would be a lot more. Because we do not know what will happen with bitcoin in the future, so do not be too dependent on bitcoin. Thank you

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July 30, 2016, 01:47:13 PM
 #969

the future of bitcoin is very good. I think the development of bitcoin is currently very fast and bitcoin users continues to grow. bitcoin increasingly accepted by many stores.
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July 30, 2016, 04:00:09 PM
 #970

In my opinion, I think bitcoin will definitely emerge as a one of the major players in global economy (I am not using the word ‘biggest’). Right now bitcoin is not too much popular or say people are not aware of crypto currency as a technology but soon in the future I think bitcoin will start rising with a sustainable growth rate and it will also gain good attention worldwide.

I strongly believe that bitcoin is undervalued at the moment and it may even face critical price fluctuations in near future but later it will be in mainstream when it comes to global digital economy.
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July 30, 2016, 04:07:49 PM
 #971

In my opinion, I think bitcoin will definitely emerge as a one of the major players in global economy (I am not using the word ‘biggest’). Right now bitcoin is not too much popular or say people are not aware of crypto currency as a technology but soon in the future I think bitcoin will start rising with a sustainable growth rate and it will also gain good attention worldwide.

I strongly believe that bitcoin is undervalued at the moment and it may even face critical price fluctuations in near future but later it will be in mainstream when it comes to global digital economy.

It is definitely possible to see Bitcoin becoming a major player within the global economy, but we're still looking at decades before that becomes a reality. The volatility is preventing some safer investors from diving into the fray, but for those who are more risk takers and have participated in the market already are definitely helping to keep Bitcoin moving forwards and not get set back.
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July 30, 2016, 07:13:39 PM
 #972

the future of bitcoin is very good. I think the development of bitcoin is currently very fast and bitcoin users continues to grow. bitcoin increasingly accepted by many stores.
The future does indeed look bright for bitcoin since there is a speculation that more physical stores are going to adopt bitcoin as payment method. Some governments from different countries are even planning on officially accepting bitcoin as a currency.

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July 30, 2016, 08:11:13 PM
 #973

I believe that in the future crypto, bitcoin will hold a significant role in our life.
With adoption growing it is a fact that in time more companies and users will use bitcoin for online payments.
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July 31, 2016, 06:35:40 AM
 #974

The future is hard to tell, but in the next decades we will cross the four digits for sure. Cool

I am very confident and optimistic for that, because I see the growth of the bitcoin is very special and surprising from a few years ago, rising prices become higher bitcoin is the desire and the hope of all people. I see possible in subsequent years (2017) will experience excellent growth and increase price above the $ 1 k
Until this years it has been growing and it's popularity has raised more and has attracted more users to its side, hope it will grow soon to $1k and attracts even more people.

That kind of price will really give a high boost to its users and newcomers. That will happen. We just dont feel it for now. We got so much used to bitcoin getting higher in jiust a couple of weeks. Now it takes longer but that will still happen.
Yeah that's sure as $1k is very big amount ! this will pull the medias too for boosting the popularity of bitcoin more seeing this we can say it have a bright future and its market will be the best thing to see in the future !
yeah you could see that in the year 2012 and when the price of bitcoin explode and go up to $ 1200 and you know there are many people who are interested then joined the bitcoin. bitcoin prices are high can grow the interest of people to join and invest in bitcoin. yeah very important bitcoin prices
Yeah and when it reached that time, the saddest part was that it dropped because of bankrupt exchanger platforms that had the majority of bitcoin transactions. But those incidents will not have any impact in the future of bitcoins as bitcoin has survived those tragedy moments. But we should remember those days just to realize the potential and strength of bitcoin like getting lives from ashes.
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July 31, 2016, 07:17:36 AM
 #975

I believe that in the future crypto, bitcoin will hold a significant role in our life.
With adoption growing it is a fact that in time more companies and users will use bitcoin for online payments.
Count me in, that was also my vision now and by the way i am doing my job as a believer to promote bitcoin. We could be a huge community in the future as soon as we will see a massive adoption, for sure many will adopt knowing the good benefits using bitcoins.

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July 31, 2016, 07:47:32 AM
Last edit: July 31, 2016, 08:13:28 AM by ObscureBean
 #976

Personally I think Bitcoin is here to stay but reaching mainstream status is not going to be easy, we've still got plenty of hurdles to overcome. I think it's going to be difficult for newer coins to challenge Bitcoin's dominance, the only exception would be if banks/the government decided to launch their own coin. The masses are more likely to side with banks than Bitcoin.
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July 31, 2016, 10:26:15 AM
 #977

Personally I think Bitcoin is here to stay but reaching mainstream status is not going to be easy, we've still got plenty of hurdles to overcome. I think it's going to be difficult for newer coins to challenge Bitcoin's dominance, the only exception would be if banks/the government decided to launch their own coin. The masses are more likely to side with banks than Bitcoin.

That is obviously not going to be easy to reach mainstream for bitcoin as it is the last step that is stopping bitcoin to be the most popular payment system for businesses online or offline, so it would surely take time to reach their for bitcoin.
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July 31, 2016, 11:01:15 AM
 #978

The future of bitcoin is quite interesting, as it could crumble at any moment, but if it continues to be used, it could go up to $9000 in just two years.
but no one can predict what bitcoin future is but if bitcoin become famous and it will use as a real money then probably bitcoin will go up it price stores are going to accept bitcoin as payment method bitcoin and "paypal is the best" some governments from different countries are even planning on officially accepting bitcoin as a currency like dollar or any currency that we use  Cheesy
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July 31, 2016, 12:04:53 PM
 #979

The future of bitcoin is quite interesting, as it could crumble at any moment, but if it continues to be used, it could go up to $9000 in just two years.
but no one can predict what bitcoin future is but if bitcoin become famous and it will use as a real money then probably bitcoin will go up it price stores are going to accept bitcoin as payment method bitcoin and "paypal is the best" some governments from different countries are even planning on officially accepting bitcoin as a currency like dollar or any currency that we use  Cheesy
Of course anybody could predict but there is no assurance that our prediction will be right, we should consider that the future of bitcoins is quite good but there is no guarantee that it would happen, there are still possibilities that crisis may happen and that is already beyond our control so let us just pray and hope that bitcoin will remain stable.

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July 31, 2016, 12:23:01 PM
 #980

The future of bitcoin is quite interesting, as it could crumble at any moment, but if it continues to be used, it could go up to $9000 in just two years.
but no one can predict what bitcoin future is but if bitcoin become famous and it will use as a real money then probably bitcoin will go up it price stores are going to accept bitcoin as payment method bitcoin and "paypal is the best" some governments from different countries are even planning on officially accepting bitcoin as a currency like dollar or any currency that we use  Cheesy
Of course anybody could predict but there is no assurance that our prediction will be right, we should consider that the future of bitcoins is quite good but there is no guarantee that it would happen, there are still possibilities that crisis may happen and that is already beyond our control so let us just pray and hope that bitcoin will remain stable.

Pray for the miners and whales. Hehe. You are right we could predict but that doesnt mean that is what will happen. Even if you read bitcoin geniuses who provides some knowledge and prediction still it cant be that accurate.
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