The future of Bitcoin

[Xiaoxiao]

I would say the future of bitcoin is below mediocrity and above failure.

[nobanks4me]

It lasted for six years now and it's doing great if you ask me , even if I wasen't here from the beggining .
Bitcoin for now is successeful and it yes maybe it  won't last forever but It  will surely last till people realize that they need something else then cash or anything that goverment basically can control . but for now people simply don't give a single shit about what bitcoin is capable of and when they hear "bitcoin" they hear "silk road => drugs , weapons" also they simply don't care about their privacy .

Another interest shown by banks.
http://www.coindesk.com/eba-chairman-banks-must-understand-blockchain-tech/

Just give it some time boys!

Here is another bank interested in Bitcoin

http://www.coindesk.com/australia-commonwealth-bank-ripple-experiment/

[Rub3n]

Bitcoin will be (and sorta is) a giftcard for nerds.

[SOAD]

Bitcoin will be (and sorta is) a giftcard for nerds.

It might be only essentially that currently, but it certainly easily has the potential to grow past that. Bitcoin could save millions for people in the Gambling & Remittance markets amongst many others all whilst providing them with relative anonymity if they so wanted it.

[BillyBobZorton]

Bitcoin will be (and sorta is) a giftcard for nerds.

The internet will be (and sorta is) a telephone for nerds to share porn and criminals to do their business.

Signed: Every clueless CEO circa 1980.

[nobanks4me]

Here is another bank jumping on the Bitcoin bandwagon
http://www.coindesk.com/barclays-trials-bitcoin-tech-with-pilot-program/

[evenlydistributingfuture]

The future of Bitcoin may include a digital dollar at some point--maybe if the United States dollar is no longer the global reserve currency, or if the government wants to prolong the period of time in which its money is the lingua franca, so to speak, of the world, then it will establish some sort of crypto-facing currency that buys it more influence in a changing, multi-polar, Asia-centric world. Some sort of substantive action from the U.S. government will come at some point once various decision points pop up, which always does happen. I'm guessing the BTC future extends to governmental powers getting table stakes in the ongoing innovations in cryptocurrency; it'll be too costly not to.

[randy8777]

the future of bitcoin is being an to alternative various things, mostly such as storing value, making payments, transferring money from a to b. that's more than enough and quite reasonable.

[nobanks4me]

Another bank interested in Bitcoin technology
http://www.coindesk.com/rbs-trials-ripple-part-3-5-billion-tech-revamp/

[sun64986161]

the future of bitcoin is being an to alternative various things, mostly such as storing value, making payments, transferring money from a to b. that's more than enough and quite reasonable.

my first point is making payments
bitcoin will be strong value if, we can use it to cost life every day like buy drink, clotes, t-shirt or some thing like that

[nobanks4me]

http://www.coindesk.com/singapores-central-bank-backs-blockchain-project-with-225m-fintech-plan/

[nobanks4me]

http://www.coindesk.com/citi-to-discuss-blockchain-tech-potential-at-consensus-2015/

[nobanks4me]

http://www.coindesk.com/deloitte-central-bank-cryptocurrency/

[lottery248]

i guess bitcoin cannot sustain forever, that's why bitcoin is open source and the rise of alt coins. bitcoin can end the control of economy by one.
bitcoin is a waste of energy because bitcoin needs mining to maintain its network.

[Jhacker]

It lasted for six years now and it's doing great if you ask me , even if I wasen't here from the beggining .
Bitcoin for now is successeful and it yes maybe it  won't last forever but It  will surely last till people realize that they need something else then cash or anything that goverment basically can control . but for now people simply don't give a single shit about what bitcoin is capable of and when they hear "bitcoin" they hear "silk road => drugs , weapons" also they simply don't care about their privacy .

Yes, and the reason more people don't use it is because they don't understand it and it seems too complex for non-geeks. We need more entrepreneurs to simplify, simplify, simplify. Once it becomes easier to use than cash, all you need are sales teams to bring it to the thousands of merchants out there.

[b-trading]

The scary thing about the future of bitcoin is if the government from many countries together buy all the bitcoin in sirculation around the world and then they destroy it

[Amph]

The scary thing about the future of bitcoin is if the government from many countries together buy all the bitcoin in sirculation around the world and then they destroy it

1) if they do this they will rise the price to a fucking crazy level, then(us bagholder who will not sell a single coins) we sell before them and they will be fucked

2) while current amount in circulation is around 14M +, the available coins to be sold, is not that amount, but much much less

[ridery99]

The scary thing about the future of bitcoin is if the government from many countries together buy all the bitcoin in sirculation around the world and then they destroy it

That means the remaining ones will have a huge value 

[Hopalong]

Bitcoin will be (and sorta is) a giftcard for nerds.

The internet will be (and sorta is) a telephone for nerds to share porn and criminals to do their business.

Signed: Every clueless CEO circa 1980.

I was around in 1980 and the comuters of that time was only useful for nerds. The CBM64 changed that and the masses could finally get a computer. Internet was not around in that time. It came much later.

I often se the claim about internet strugling in the beginning both on this forum and others. Here it is used to explain why BTC is going to succeed even if 99,99% f the world is ignoring it. The fact is that internet was a hit from the early beginning and went mainstream as soon as the HTTP protocol was introduced. The only ting holding it back was the analog phone lines. As soon as the lines was up everyone was on.

[Hopalong]

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

Govcoin

[/size]

A revolutionary new digital currency is coming soon
Backed by the goverment and major banks you can be safe to trade in you old money for Govcoin.
Using the new and revolutionary blockchain it can never be faked or stolen and with suport of the major banks the transaktion will be ultrafast and free.

Not only that but you can use your home computer to "mine" new coins and at the same time follow your transaktions online.