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Author Topic: What is the Future of Bitcoin ?  (Read 76865 times)
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Senor.Bla
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September 03, 2016, 12:55:54 PM
 #1141

Unless you're a skilled wizard, you cannot know with high accuracy what it is going to be in the future, but the good thing is that it does not take a wizard to know that Bitcoin is very stable lately.
i do not think that bitcoin can be called stable just because over a course of one week the price did not change so much. look at the last year. bitcoin doubled and was often up or down and i would expect it also in the future. but nobody can tell how high or how low it will be, that is true.
Stable in terms of position because we have doubled that price this year and that means the economy is strong and compose of people who have a strong faith for bitcoin and in the future, and I am seeing that more and more people are adopting as they want to be part of the history and earn from their investment as well.
if that is what he meant i can understand this position. since bitcoin is more present in peoples mind and more and more people have heard of it, but i feel like there is still a very high barrier when it comes to using bitcoin or even investing. this needs to change.

Yes investing bitcoin is really risky at a moment and scams creates an negative impression in the minds of people who wants to invest their money in it and that can create a problem in adoption.
it may not be that risky, you just have to know what you are doing and this takes some time and brainpower. many people do not want to put this kind of effort into it. these are easy pickings for scammers and afterwards also bad press. this is sad because it is avoidable.   

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September 03, 2016, 03:04:53 PM
 #1142

Unless you're a skilled wizard, you cannot know with high accuracy what it is going to be in the future, but the good thing is that it does not take a wizard to know that Bitcoin is very stable lately.
i do not think that bitcoin can be called stable just because over a course of one week the price did not change so much. look at the last year. bitcoin doubled and was often up or down and i would expect it also in the future. but nobody can tell how high or how low it will be, that is true.
Stable in terms of position because we have doubled that price this year and that means the economy is strong and compose of people who have a strong faith for bitcoin and in the future, and I am seeing that more and more people are adopting as they want to be part of the history and earn from their investment as well.
if that is what he meant i can understand this position. since bitcoin is more present in peoples mind and more and more people have heard of it, but i feel like there is still a very high barrier when it comes to using bitcoin or even investing. this needs to change.

Yes investing bitcoin is really risky at a moment and scams creates an negative impression in the minds of people who wants to invest their money in it and that can create a problem in adoption.
it may not be that risky, you just have to know what you are doing and this takes some time and brainpower. many people do not want to put this kind of effort into it. these are easy pickings for scammers and afterwards also bad press. this is sad because it is avoidable.   

We are into bitcoins since long time so we know that is right and what is wrong but what about those who are new to industry, they will surely get trapped and will give their money in hands of scammers.
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September 03, 2016, 06:36:32 PM
 #1143

My opinion is that it may be a great cryptocurrency, and also investment. but I do not think it can replace fiat completely, not very soon. In the future the things may change though.
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September 03, 2016, 06:47:38 PM
 #1144

My opinion is that it may be a great cryptocurrency, and also investment. but I do not think it can replace fiat completely, not very soon. In the future the things may change though.
this might sound surprising, but not everybody is online. just look at Cuba. so there will be for a long time the need of fiat, but bitcoin could get there Smiley
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September 03, 2016, 10:23:08 PM
 #1145

I believe that Bitcoin has a good future ahead. Since many people are getting more interested in Bitcoin, but I believe it will be worth more later, and more companies may increase the use of it.
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September 03, 2016, 11:08:53 PM
 #1146

bitcoin was very bright future , we'll see when the beginning of the year bitcoin prices rose , especially later mid-year there will be halving , plus also alibaba will accept bitcoin as a means of payment .

Alibaba has the largest online market. This may help a lot in the growth of bitcoin. Since China has the largest population. Imagine if majority of the online marketers there learn to use bitcoin.
I think Alibaba has already started accepting bitcoin.We need more big merchants which have global presence to accept bit as this will definitly help in btc growth
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September 03, 2016, 11:24:38 PM
 #1147

bitcoin was very bright future , we'll see when the beginning of the year bitcoin prices rose , especially later mid-year there will be halving , plus also alibaba will accept bitcoin as a means of payment .

Alibaba has the largest online market. This may help a lot in the growth of bitcoin. Since China has the largest population. Imagine if majority of the online marketers there learn to use bitcoin.
I think Alibaba has already started accepting bitcoin.We need more big merchants which have global presence to accept bit as this will definitly help in btc growth
Amazon, Alibaba is a great company so they way has help bitcoin and after the both accept bitcoin, I guess other online stores will accept bitcoin probably gaming company will accept bitcoin.

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September 03, 2016, 11:50:41 PM
 #1148

I personally believe the future of Bitcoin is bright.  Alot of people still don't know about it and many companies revolving around the idea of bitcoin are starting to develop.
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September 03, 2016, 11:58:43 PM
 #1149

bitcoin was very bright future , we'll see when the beginning of the year bitcoin prices rose , especially later mid-year there will be halving , plus also alibaba will accept bitcoin as a means of payment .

Alibaba has the largest online market. This may help a lot in the growth of bitcoin. Since China has the largest population. Imagine if majority of the online marketers there learn to use bitcoin.
I think Alibaba has already started accepting bitcoin.We need more big merchants which have global presence to accept bit as this will definitly help in btc growth
Amazon, Alibaba is a great company so they way has help bitcoin and after the both accept bitcoin, I guess other online stores will accept bitcoin probably gaming company will accept bitcoin.
I hope it will happen as soon as possible so that we  will seen fast movement of the price of bitcoin if they are now accepting bitcoin as payment in alibaba and amazon.. but the only problem that i seen that they dont want there is no buyer protection..
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September 04, 2016, 02:17:10 AM
 #1150

I think Bitcoin will be Gold someday because like gold, bitcoin increase its values time per time. Like Gold bitcoins get by mining in computer the only difference the area of mining because bitcoin use technology to mine. Like Gold bitcoin is all the center of crypto currency being center like gold is the of values of elements.
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September 04, 2016, 03:03:23 AM
 #1151

bitcoin was very bright future , we'll see when the beginning of the year bitcoin prices rose , especially later mid-year there will be halving , plus also alibaba will accept bitcoin as a means of payment .

Alibaba has the largest online market. This may help a lot in the growth of bitcoin. Since China has the largest population. Imagine if majority of the online marketers there learn to use bitcoin.
I think Alibaba has already started accepting bitcoin.We need more big merchants which have global presence to accept bit as this will definitly help in btc growth

This can also help them control the majority of the bitcoin market. You think?
Because it brings convenience to buyers, they could get a lot and soon be having a great share of the total market.
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September 04, 2016, 03:03:52 AM
 #1152

I think Bitcoin will be Gold someday because like gold, bitcoin increase its values time per time. Like Gold bitcoins get by mining in computer the only difference the area of mining because bitcoin use technology to mine. Like Gold bitcoin is all the center of crypto currency being center like gold is the of values of elements.

We have the same thinking but some just cant agree to it. Better be careful with them for they dont want it be compared to other things. The mining thing and look at its price almost half of what gold is.

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September 04, 2016, 03:21:50 AM
 #1153

in my opinion after 6-7 years there will be fall of use of bitcoin because i think every country's government will attach liat of tax like bank money then earn will bitcoin will not be simple in the incoming future . but bitcoin will remain always exist in the online money list .
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September 04, 2016, 03:29:13 AM
 #1154

in my opinion after 6-7 years there will be fall of use of bitcoin because i think every country's government will attach liat of tax like bank money then earn will bitcoin will not be simple in the incoming future . but bitcoin will remain always exist in the online money list .

Yeah sooner or later government put a tax on bitcoin  then that would lead to low price of bitcoin because not many users are using bitcoin because of the tax but if the tax is low or veryy very low then that is good but i dont think if it is that low



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September 04, 2016, 04:27:06 AM
 #1155

I believe that Bitcoin has a good future ahead. Since many people are getting more interested in Bitcoin, but I believe it will be worth more later, and more companies may increase the use of it.

Yes bitcoin has a bright future but let us not focus on bitcoin let us also take in mind other currencies such as the new release altcoin the name is peepcoin. It is very promising the price right now is below 1 satoshi if you purchase using doge. With  doge you can purchase thousands of those coins. Daily at coinexchanger.io milions of coins are sold. By next year another exchanger will pen up to peepcoins and by that time the price is different. Peepcoins is like monero so like bitcoin its the right time to buy. Anyway bitcoins has a bright future and supporting other coins will not knock down bitcoins but instead making bitcoin more stronger.
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September 04, 2016, 04:36:31 AM
 #1156

in my opinion after 6-7 years there will be fall of use of bitcoin because i think every country's government will attach liat of tax like bank money then earn will bitcoin will not be simple in the incoming future . but bitcoin will remain always exist in the online money list .

Yeah sooner or later government put a tax on bitcoin  then that would lead to low price of bitcoin because not many users are using bitcoin because of the tax but if the tax is low or veryy very low then that is good but i dont think if it is that low

i doubt it.
taxes will be on the businesses and exchanges, and all of them can move out of that place and move to other countries.
 and this has actually happened once when many bitcoin related businesses moved out of New York and any kind of price change will be temporary hype which will resolve itself soon.

--looking for signature--
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September 04, 2016, 08:22:15 AM
 #1157

   Nice article about future of bitcoins, I also watched video in comments under. Like there in the article I also think that " Bitcoin enjoys some distinct advantages over fiat money. ", I see how easy is to register on some sites, to send payments, to receive payments, without staying all our documentation. This little anonymity means a lot, and save our time.
   " Finally, there is hardly any way to value Bitcoin, other than supply and demand. " This sounds very good, and probably when many more people join price will go up. Nobody can say when, its something that we need to wait to see.
   " Before Bitcoins and the blockchain technology it runs over was available, all records of transactions relied on trusting a 3rd party middlemen such as banks, exchanges, stockbrokers, lawyers, and signature of witnesses. Blockchain technology with the internet and its decentralized,distributed network of nodes called “Bitcoin miners” using encrypted data changed all that. " People in the all world should know this, bitcoin can save us all from huge administrations that every government have.
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September 04, 2016, 08:30:25 AM
 #1158

Bitcoin price will be very stable in the future, the btc world is going more safer than before, maybe more and more scams will lead bitcoin dump. My opinion is btc will hit 1000 usd in 2020 halving.
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September 04, 2016, 08:45:05 AM
 #1159

Bitcoin price will be very stable in the future, the btc world is going more safer than before, maybe more and more scams will lead bitcoin dump. My opinion is btc will hit 1000 usd in 2020 halving.
i dont think so that the price of bitcoin will be stable that is the characteristics of bitcoin but if you say that the price will be stable for a while then it goes up or down then i will agree Cheesy . But for me regarding for price it will be higher than now because of the demand of the users because on that  year there are pretty lot users of bitcoin . Bitcoin will be famous in the future Cheesy



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September 04, 2016, 01:06:37 PM
 #1160

Bitcoin price will be very stable in the future, the btc world is going more safer than before, maybe more and more scams will lead bitcoin dump. My opinion is btc will hit 1000 usd in 2020 halving.
i dont think so that the price of bitcoin will be stable that is the characteristics of bitcoin but if you say that the price will be stable for a while then it goes up or down then i will agree Cheesy . But for me regarding for price it will be higher than now because of the demand of the users because on that  year there are pretty lot users of bitcoin . Bitcoin will be famous in the future Cheesy
what is a stable price? we had low velocity for the last couple days and now the price jumped again. so how long should be the price stable to count as stable?
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