The future of Bitcoin

[phibay]

bitcoin being widely used all over the world (or even on the universe ) is the future i can see with it.  can't wait to see street beggars asking for bitcoin as alms.(alms , alms, spare me a piece of bitcoin)

[nobanks4me]

http://www.coindesk.com/bank-of-england-economist-digital-currency/
The Bank of England’s top economist has suggested that a digital currency based on bitcoin could alleviate monetary policy problems.

[manavshinde]

The future of Bitcoin is very vast,it could mean a great deal to those caught up in currency crises to come.Even Though we also come up with bright future in bitcoin through www.cryptextechnologies.com/

[randy8777]

simply being able to spend my coins worldwide just like fiat currencies is what i like to see as being bitcoin's future. it can take a while before we get close to this, but if we all believe in bitcoin then it has a good chance.

[nejibens]

Bitcoin is nowdays used by people day after day more and more.
So we can guess easly that Bitcoin will be one of the most currencies known and used worlwide.
and perhaps it can be the currency number one in the near future.

[NoRespect]

Im sure in future bitcoin will be very familiar like USD
more people will be use bitcoin to pay everyday, but im scared about price, i think very hard to make bitcoin price stable

When most people use bitcoin, the price will be stable.

I think so, because the higher the price the better future bitcoin bitcoin and users

[Hugroll]

OP is saying banks bought alot of bitcoins, does anyone know if they still have them or they dumped them?

[maokoto]

In my view, it may very well be that actual fiat currencies will become digital currencies in the future. Dollars or Euros running through blockchains.

[runpaint]

When people realized that the banks and governments were buying up the Bitcoins, the price of Bitcoins soared in an avalanche. This made banks and governments very rich. 

Oh, is that how banks and governments became very rich?  Thank you for explaining it to us. 

Before Bitcoin, banks and governments weren't very rich.  But an avalanche soaring upwards, defying the laws of gravity, is what finally brought some money into the government and the banks. 

[JeWay]

Bitcoin will going well on the future, cos what I know Bitcoin is "The future of money".

[momore]

I would like to start a discussion about the future of Bitcoin.
The following is my prognosis
The future of Bitcoin
After vears of trying to break the blockchain technology that runs Bitcoin, the bankers and governements finally realized that because blockchiain was a public ledger that kept all transaction and that this ledger could not be hacked or falsified; Bitcoin could not be stopped or blocked. Like email, and i-porn, it used the internet highway and without destroying the internet and its highways of communication, the blockchain technology could not be blocked.

The banks and governments decided on another plan called “f you can`t beat them, join them”. They decided that their only chance was to buy up all the Bitcoins. They started small and encouraged Bitcoin`s price to drop by demanding regulation, not realizing that the blockchain is just a public ledger that can not be regulated. The threat of regulation caused the price of Bitcoin to drop, and when the banks and government thought that the price of Bitcoin would not go any lower, they started to buy up Bitcoins. When people realized that the banks and governments were buying up the Bitcoins, the price of Bitcoins soared in an avalanche. This made banks and governments very rich. 

Bitcoin became to be used as electronic money that could not be falsified or tampered with and that could be used as electronic cash replacing coins and notes. The banks and governments started to encourage the use of Bitcoin and replaced their coins and notes with Bitcoins. Then they replaced their plastic credit cards with chips that were implanted and that allowed money transactions to be made much faster and conveniently than with Bitcoin. They made their own centralized and regulated version of Bitcoin and called it i-coin.

After i-coin became convincingly more appealing than Bitcoin, i-coin became widely accepted. Bitcoin became outdated and old fashioned and the price of Bitcoin started to drop. Then there came a time where the only ones that were using Bitcoins were the ones that were afraid of the chip implants, and those that were afraid of the corrupt banks.
Then the corrupt criminals got on the Bitcoin bandwagon, and Bitcoins started to be outlawed in many countries. The decentralized Bitcoin miners - the keepers of the public ledger - became scarcer and scarcer and were overtaken by centralized criminal miners.

Bitcoin became what it started out as-. electronic cash for buying illegal goods. Eventually, the criminals took it over to use as their own black cash for trading one illegal good for another. This caused a boom in illegal goods, and made the criminals very wealthy.

The link to the video is below
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A

The future is optimistic. More and more people will us bitcoin.

[Oscilson]

Bitcoin will going well on the future, cos what I know Bitcoin is "The future of money".

It might be replaced by another future  money.

[gripflierGO]

Bitcoin is nowdays used by people day after day more and more.
So we can guess easly that Bitcoin will be one of the most currencies known and used worlwide.
and perhaps it can be the currency number one in the near future.

It would get a long time that bitcoin is used worldwide as many of the countries are still not aware about the bitcoins as a virtual currency, and that is only possible if the bitcoins are promoted at the international level with the great level of positivity, Once people are aware about the bitcoins then it would be much easier that people start adopting it but for that awareness level should be very high.

[nobanks4me]

http://www.coindesk.com/techstars-md-banks-are-embracing-the-inevitability-of-bitcoin/

[mindrust]

Carrying all of your wealth overseas and spending it without giving a single dollar away is awesome. Thats what banks are afraid of.

The only thing bothers me is the price drops. It is not fun to watch huge market crashes while you're holding all of your wealth as bitcoins.

[notiely]

...not a guaranteed value of the Bitcoin makes the price move is not fair.

Life is not fair. The fact that bitcoin is not guaranteed by state violence is the very reason it will succeed, the very thing that makes it unique from all violence-backed state promissory scrip.

No, bitcoin will not last forever. But it will almost certainly get us through the end of capitalism.

Yep, nothing is fair in the world. 

[nobanks4me]

http://www.coindesk.com/bank-of-america-cryptocurrency-wire-transfer-patent/

[Mickeyb]

http://www.coindesk.com/bank-of-america-cryptocurrency-wire-transfer-patent/

These are all interesting news, I am just afraid that all of these banks will never adopt Bitcoin. Instead, they will develop their own centralized blockchain system where they will be the only rulers as they think they should be.

They are not ready to lay down all of their power and do business in decentralized and very open way. This is just not in their DNA.

[MisterMoney]

I would like to start a discussion about the future of Bitcoin.
The following is my prognosis
The future of Bitcoin
After vears of trying to break the blockchain technology that runs Bitcoin, the bankers and governements finally realized that because blockchiain was a public ledger that kept all transaction and that this ledger could not be hacked or falsified; Bitcoin could not be stopped or blocked. Like email, and i-porn, it used the internet highway and without destroying the internet and its highways of communication, the blockchain technology could not be blocked.

The banks and governments decided on another plan called “f you can`t beat them, join them”. They decided that their only chance was to buy up all the Bitcoins. They started small and encouraged Bitcoin`s price to drop by demanding regulation, not realizing that the blockchain is just a public ledger that can not be regulated. The threat of regulation caused the price of Bitcoin to drop, and when the banks and government thought that the price of Bitcoin would not go any lower, they started to buy up Bitcoins. When people realized that the banks and governments were buying up the Bitcoins, the price of Bitcoins soared in an avalanche. This made banks and governments very rich. 

Bitcoin became to be used as electronic money that could not be falsified or tampered with and that could be used as electronic cash replacing coins and notes. The banks and governments started to encourage the use of Bitcoin and replaced their coins and notes with Bitcoins. Then they replaced their plastic credit cards with chips that were implanted and that allowed money transactions to be made much faster and conveniently than with Bitcoin. They made their own centralized and regulated version of Bitcoin and called it i-coin.

After i-coin became convincingly more appealing than Bitcoin, i-coin became widely accepted. Bitcoin became outdated and old fashioned and the price of Bitcoin started to drop. Then there came a time where the only ones that were using Bitcoins were the ones that were afraid of the chip implants, and those that were afraid of the corrupt banks.
Then the corrupt criminals got on the Bitcoin bandwagon, and Bitcoins started to be outlawed in many countries. The decentralized Bitcoin miners - the keepers of the public ledger - became scarcer and scarcer and were overtaken by centralized criminal miners.

Bitcoin became what it started out as-. electronic cash for buying illegal goods. Eventually, the criminals took it over to use as their own black cash for trading one illegal good for another. This caused a boom in illegal goods, and made the criminals very wealthy.

The link to the video is below
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A

From my point of view, more and more government will accept bitcoin in the future.

[bitgolden]

http://www.coindesk.com/bank-of-america-cryptocurrency-wire-transfer-patent/

These are all interesting news, I am just afraid that all of these banks will never adopt Bitcoin. Instead, they will develop their own centralized blockchain system where they will be the only rulers as they think they should be.

They are not ready to lay down all of their power and do business in decentralized and very open way. This is just not in their DNA.

What will happen when every bank or government creates theirs own cryptocurrency?
Again they depend on their fiats absolutely, the only advantage they can enjoy may be easy transmitting within their country.
But the purpose of bitcoin is not that one. Bitcoin will solve many financial crisis. So, it's meaningless when a bank or Government creates their own digital money. It's only meaningful when everybody accepts a digital money world wide. That digital money is bitcoin.