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Author Topic: The future of Bitcoin  (Read 119553 times)
0day
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April 09, 2016, 05:43:38 PM
 #541

I don't think the price will reach $600 soon. Only if the halving shows high impact on price bitcoin will reach $600 within 3months time.
For further series price rise we need serious money for investment, if this don't happen soon we could face many problems. Best solution will be actually to keep this price for a longer time (400$ is very good price), Stability is very important for using of bitcoin.

Price stability is not permanent in bitcoin, we need huge market cap to achieve price stability, and the future of bitcoin will mainly depend on the halving.

But I think for a strong future and success of bitcoin, the price stability is important and required that it happen. The people will have then more believe on it. They will not fear to invest a large amount of their wealth in bitcoin.

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April 09, 2016, 05:45:41 PM
 #542

The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

Really a lot of new people who started work with bitcoin this year. I am scared a bit that in 2017 it will change and bitcoin become unpopular but we all hope it wont.

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April 09, 2016, 06:18:04 PM
 #543

The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.
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April 09, 2016, 10:13:21 PM
 #544

The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

If decentralized clause leaves bitcoin in future then I think we will loose many users, as majority of us love bitcoin only because it is not controlled or regulated by any authority.
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April 09, 2016, 10:54:28 PM
 #545

With huge market cup you will only have better, higher price. Stability of price must be achieved through consolidation of demand ,hash rate, and actual usage. When bitcoin finally becomes money, stability will come by itself i believe.
if the user already spans the globe and bitcoin has a very large user may be more than 200 million people.
bitcoin will be stable. because no one is manipulating the price because the market demand is very large
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April 09, 2016, 11:18:35 PM
 #546

The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

If decentralized clause leaves bitcoin in future then I think we will loose many users, as majority of us love bitcoin only because it is not controlled or regulated by any authority.
its possible to happen,if bitcoin not decentralize anymore,i'm sure many people will leave bitcoin,they will useless to create open bazaar,and ithink this is will not happen,goverment can't make bitcoin controled.

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jt byte
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April 10, 2016, 12:02:03 AM
 #547

The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

There is no denying this. Bitcoin has already become centralized by having a few mining pools owning over 70& of the hash. Those pools control a lot of bitcoins and even worse some more bigger parties like coinbase and blockchain are growing and growing. It's not a real bad thing as long as more then 10 parties control it and not a handfull of companies.
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April 10, 2016, 04:14:23 AM
 #548

The topic "The future of Bitcoin" should be said as The Future of the coin is Bitcoin.
With the current growth rate, you will see in near future, it will overcome FAIT currency also.

Though the price of bitcoin is high right now and might really go very high, I don't see it dethroning fiat at it's position... remember that fiat is backed by the government and been maintained and under it's control...
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April 10, 2016, 04:30:58 AM
 #549

The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

There is no denying this. Bitcoin has already become centralized by having a few mining pools owning over 70& of the hash. Those pools control a lot of bitcoins and even worse some more bigger parties like coinbase and blockchain are growing and growing. It's not a real bad thing as long as more then 10 parties control it and not a handfull of companies.

no single mining pool owns that much hashpower, you are adding multiple different mining pool's hashpower and you reach 70% any more than 51% and there is the concern of 51 attack
also coinbase and blockchain (i am assuming you mean the bc.i web wallet) has nothing to do with centralization, they are just services that became successful.

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April 14, 2016, 12:54:43 PM
 #550

The topic "The future of Bitcoin" should be said as The Future of the coin is Bitcoin.
With the current growth rate, you will see in near future, it will overcome FAIT currency also.

Though the price of bitcoin is high right now and might really go very high, I don't see it dethroning fiat at it's position... remember that fiat is backed by the government and been maintained and under it's control...

Many fiat are backed by governments, but they still lose value. If the bitcoin becomes a major currency, it will be used universally.

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April 14, 2016, 01:11:58 PM
 #551

In my view point bitcoin will more glory in the future but it is can't close the possibility that bitcoin will stay as this or more down rather than now.

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April 14, 2016, 01:17:50 PM
 #552

IMO the future of bitcoin is that it replaces fiat money. Bitcoin will be the universal money, people will not be needing to exchange their local money into a foreign currency whenever they move into another country. In this way, trading of fiat money will not be necessary anymore since we all have a universal money that has a very stable value.

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April 14, 2016, 01:39:57 PM
 #553

The topic "The future of Bitcoin" should be said as The Future of the coin is Bitcoin.
With the current growth rate, you will see in near future, it will overcome FAIT currency also.

Though the price of bitcoin is high right now and might really go very high, I don't see it dethroning fiat at it's position... remember that fiat is backed by the government and been maintained and under it's control...

Many fiat are backed by governments, but they still lose value. If the bitcoin becomes a major currency, it will be used universally.

Even fiat is loosing its value people are still using it as they don't have any other option at a moment, but if the value of bitcoin falls in future then people will stop using it, as they always have fiat to spend.
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April 14, 2016, 01:45:16 PM
 #554

I think the future of your bitcoin is very good and much better than the currency now. Because of the advantages provided far better than the original, then the currency indirectly if everyone knows it, it's been ascertained would switch to using Bitcoin and eventually became the Bitcoin digital currency that is very much used by all people throughout the world, but I am still a bit doubtful if it is already a reality, Whether Blockchain is capable to hold all the transactions carried out every second with millions of transactions even tens ..??
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April 14, 2016, 06:13:17 PM
 #555

I think the future of your bitcoin is very good and much better than the currency now. Because of the advantages provided far better than the original, then the currency indirectly if everyone knows it, it's been ascertained would switch to using Bitcoin and eventually became the Bitcoin digital currency that is very much used by all people throughout the world, but I am still a bit doubtful if it is already a reality, Whether Blockchain is capable to hold all the transactions carried out every second with millions of transactions even tens ..??
Why are you so sure that bitcoin will much better than currenct global currency like dollar and euro?its because bitcoin can used for investement and payment?i dont see any strong opinion from what you wrote. 
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April 14, 2016, 06:24:22 PM
 #556

Nobody will know what the future will be and that is normal because Bitcoin is a curreny and you never know what will happen with Bitcoin later in the future because it is always changing.
So sometimes you have to take some risks with Bitcoin so you can make later more money with it.
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April 14, 2016, 06:34:33 PM
 #557

Nobody will know what the future will be and that is normal because Bitcoin is a curreny and you never know what will happen with Bitcoin later in the future because it is always changing.
So sometimes you have to take some risks with Bitcoin so you can make later more money with it.

Price fluctuatoin will always follow bitcoin, and the future of bitcoin will depend on the value that it will be holding in future, if price drops then we will loose many users.
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April 14, 2016, 07:30:52 PM
 #558

Nobody will know what the future will be and that is normal because Bitcoin is a curreny and you never know what will happen with Bitcoin later in the future because it is always changing.
So sometimes you have to take some risks with Bitcoin so you can make later more money with it.

Price fluctuatoin will always follow bitcoin, and the future of bitcoin will depend on the value that it will be holding in future, if price drops then we will loose many users.

So the future of bitcoin depends mainly on it's speculative value? This is not what BTC was intended to be. There are other factors, that can affect BTC popularity and help it's wide adoption.
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April 14, 2016, 08:07:08 PM
 #559

The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.
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April 14, 2016, 08:15:30 PM
 #560

The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.

When it comes to crypto I think bitcoin is the best and there is no competitor for bitcoin at present and it will be never in future too, so i think the future of bitcoin is pretty safe.
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