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Author Topic: The future of Bitcoin  (Read 119599 times)
chopstick
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May 20, 2016, 06:46:35 PM
 #721

Bitcoin is in for a tough ride at the moment, since blocks are full and Core refuses to implement on-chain scaling via either a static or dynamic blocksize increase, and Segwit/LN are still basically years away from being released.

Also, the halvening is coming up and it's highly unlikely there will be any significant increase in the BTC price, which means some 50% of mining operations are going to become unprofitable. Unless of course the BTC price doubles, but that is looking increasingly unlikely.

All in all, we're in for a bumpy ride. But I am hoping that these problems will make BTC stronger for it in the long run.
Superbitzz
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May 20, 2016, 07:55:21 PM
 #722

although it is hard time to believe on bitcoin. but if we look the trend about bitcoin that is very much positive. the number of people entering the bitcoin form is increasing day by day. so we can say that the future of bitcoin is very bright.
Yakamoto
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May 20, 2016, 08:02:10 PM
 #723

Bitcoin is already positioned for a very prosperous future, but a lot of what will happen comes down to how the whales and market manipulators decide to move the value of Bitcoin. A lot of them will be looking to make money off of manipulating Bitcoin and moving their money throughout other altcoins, so we'll have to keep that in mind and hope they are more intent on keeping Bitcoin alive rather than running off with money.
richardsNY
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May 20, 2016, 08:18:03 PM
 #724

Bitcoin is in for a tough ride at the moment, since blocks are full and Core refuses to implement on-chain scaling via either a static or dynamic blocksize increase, and Segwit/LN are still basically years away from being released.

Also, the halvening is coming up and it's highly unlikely there will be any significant increase in the BTC price, which means some 50% of mining operations are going to become unprofitable. Unless of course the BTC price doubles, but that is looking increasingly unlikely.

All in all, we're in for a bumpy ride. But I am hoping that these problems will make BTC stronger for it in the long run.


Blocks are full which is causing people to up their transaction fees significantly in order to see their transaction get confirmed within a reasonable amount of time. If it stays like this I think that the average fee will come very close to 0.0002 this year instead of the 0.0001 that people normally are using.
bitlancr
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May 20, 2016, 09:45:03 PM
 #725

The future of the bitcoin is pretty good if you ask me, the bitcoin has such a good future compared with other currency's.
MTBTT
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May 20, 2016, 10:06:41 PM
 #726

Future is full light for Bitcoin.It has reached so far and successfully survived through thick and thin.The most important thing which made it where it is today is it was not taken serious competitor.Bitcoin's future now is easy to predict that is very healthy and stable.Just good will happen no doubt anymore.
I think in the future we will be facing tough competitor on the side of the digital currency itself. for now I have found no one can match as digital currency bitcoin. but we will not know in the future
Babayega31
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May 20, 2016, 10:50:34 PM
 #727

Future is full light for Bitcoin.It has reached so far and successfully survived through thick and thin.The most important thing which made it where it is today is it was not taken serious competitor.Bitcoin's future now is easy to predict that is very healthy and stable.Just good will happen no doubt anymore.
I think in the future we will be facing tough competitor on the side of the digital currency itself. for now I have found no one can match as digital currency bitcoin. but we will not know in the future

Yes it facing though competitors right now as you can see many altcoins are created to make competation to it but still bitcoin is at the top of them all and really bitcoin surpass the challenge for years past and thats make him a stong crypto currency existing, but its to early now to predicts its future we  dont knew what may happen to it in future because many incomiNg struggles and acceptance will made in future

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May 21, 2016, 04:21:55 AM
 #728

The future of the bitcoin is pretty good if you ask me, the bitcoin has such a good future compared with other currency's.
i 100% agree with you. the future of bitcoin is looking very good. people are joining bitcoin. i personally know so many people who are using bitcoin. they have store them. they have joined signature campaign. they are earning a good amount.
quintiilieo
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June 01, 2016, 03:45:42 PM
 #729

There are correct if they dont want to follow join them. They think that they can drop the price of bitcoin and its not that easy. bitcoin composes of so many people shares that know bitcoin will not go down that far and they now that the price will increase not going down. So they decided to keep the bitcoin on the wallet until it increases again. Cheesy

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June 02, 2016, 10:31:16 AM
 #730

yeah, I hope bitcoin has a bright future as it is today

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June 02, 2016, 10:40:48 AM
 #731

yeah, I hope bitcoin has a bright future as it is today

sure it have price is up in last week this is good more people are involved in this this is good to halving is near this is also good
what more do we need except for price to go up that is no question at all



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saiha
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June 02, 2016, 10:58:41 AM
 #732

yeah, I hope bitcoin has a bright future as it is today

The future of bitcoin is really bright and it is going to happen for sure, because we really know that it has the potential of being the most well known
crypto currency and digital money in the world.
And it is being stronger day after day by its demand of the users and stores , merchants that are accepting it.

Vires in Numeris
adibe
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June 02, 2016, 11:06:41 AM
 #733

yeah, I hope bitcoin has a bright future as it is today

Yeah, since 4 days ago until now, the price of bitcoin is increase so high and it's make the future of bitcoin more better and bright. I'm sure the future of bitcoin is very2 bright.
saiha
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June 02, 2016, 11:22:54 AM
 #734

yeah, I hope bitcoin has a bright future as it is today

Yeah, since 4 days ago until now, the price of bitcoin is increase so high and it's make the future of bitcoin more better and bright. I'm sure the future of bitcoin is very2 bright.

That's a sign of the good future of bitcoin remember after 4 days the price of bitcoin increase and that's really fast and a good thing to predict.
That bitcoin does have a really good future.

Vires in Numeris
StoreBit
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June 02, 2016, 11:33:35 AM
 #735

yeah, I hope bitcoin has a bright future as it is today

Yeah, since 4 days ago until now, the price of bitcoin is increase so high and it's make the future of bitcoin more better and bright. I'm sure the future of bitcoin is very2 bright.

That's a sign of the good future of bitcoin remember after 4 days the price of bitcoin increase and that's really fast and a good thing to predict.
That bitcoin does have a really good future.
the future of bitcoin is pretty bright. look at the present position of bitcoin. it is quite stable. it look like that in next months it will touch a high level. on other side the interest of the people towards bitcoin is also appreciable. people are building their confidence on bitcoin. they are investing their flat currency.
azguard
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June 03, 2016, 07:38:15 AM
 #736

yeah, I hope bitcoin has a bright future as it is today

Yeah, since 4 days ago until now, the price of bitcoin is increase so high and it's make the future of bitcoin more better and bright. I'm sure the future of bitcoin is very2 bright.

That's a sign of the good future of bitcoin remember after 4 days the price of bitcoin increase and that's really fast and a good thing to predict.
That bitcoin does have a really good future.
the future of bitcoin is pretty bright. look at the present position of bitcoin. it is quite stable. it look like that in next months it will touch a high level. on other side the interest of the people towards bitcoin is also appreciable. people are building their confidence on bitcoin. they are investing their flat currency.

stable for the moment and indication that it will go up any time now once again expect next price to be around 570-580 and preparation for high jump after that



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trinaldao
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June 03, 2016, 09:26:43 AM
 #737

maybe in future bitcoin like other currency, each shope will accept it, the goverment will make new rules for bitcoin tax and bitcoin transaction, and sure it with be legal Smiley

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yoghurtinapot
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June 03, 2016, 09:54:39 AM
 #738

I appreciate that nobody knows for sure, but as a first time bitcoin buyer it'd be nice just to hear opinions on whether or not it is a good time to buy bitcion as a long term investment? I'm considering purchasing 15-20 coins. It's frustrating as I've been following the price for a few months whilst thinking abut investing, when I decided that I wanted to it took 6 days for my funds to transfer into my Kraken account and I already missed out on quite an increase in that short time. I don't want to miss out on more increases...but would be equally frustrated buying only to see it drop the next day as it adds up to quite a lot of money on 15-20 coins. Any thoughts are appreciated.
saiha
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June 03, 2016, 11:24:54 AM
 #739

maybe in future bitcoin like other currency, each shope will accept it, the goverment will make new rules for bitcoin tax and bitcoin transaction, and sure it with be legal Smiley


That's for sure in the future that stores will going to accept bitcoin as Paypal does, bitcoin will be the competitor of paypal since it is the most
well known payment processor online, but now bitcoin is next to the list of paypal and it is the one to charge very low transaction fees.

Vires in Numeris
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June 03, 2016, 11:58:19 AM
 #740

maybe in future bitcoin like other currency, each shope will accept it, the goverment will make new rules for bitcoin tax and bitcoin transaction, and sure it with be legal Smiley


virtual currency I think not deserve to have a law, because anonymous, and indeed most of the virtual currency, have never had a law. I would like bitcoin free of tax, because it is one of the advantages of using bitcoin.

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