The future of Bitcoin

[dmamigo]

I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .

We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.

Yes, Nothing is guaranteed, it might get banned in many countries but it is possible that they lifts the ban. Bitcoin has some great features and great potential to thrive in the future if all goes right.

[hurain]

I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .

We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.

Yes, Nothing is guaranteed, it might get banned in many countries but it is possible that they lifts the ban. Bitcoin has some great features and great potential to thrive in the future if all goes right.

i am sure that they will left the ban as they will realize the importance of bitcoin for their economic growth, as government will be thinking about how to consider bitcoin as legal currency and then get the benefit of its usage by the people.

[CyberKuro]

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.

Too far to predict that would be happens in the future.
I like to predict it more positively as an alternative currency that affiliate with fiat money.
In some countries, the gov may ban bitcoin but many more authorize bitcoin users.
Bitcoin has many advantages and encourage financial development which bring benefits for many people and not harm any fiat.

[john2231]

I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .

We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.

Yes, Nothing is guaranteed, it might get banned in many countries but it is possible that they lifts the ban. Bitcoin has some great features and great potential to thrive in the future if all goes right.

i am sure that they will left the ban as they will realize the importance of bitcoin for their economic growth, as government will be thinking about how to consider bitcoin as legal currency and then get the benefit of its usage by the people.

For now they are banning bitcoin because of many illegal activity and i think they will change their mind to unband t if they found that bitcoin are giving a good benefits and more security to use bitcoin.. those country who are banning bitcoin they are just want people safe in their country because they are thinking that almost all people in bitcoin are scammers .

[ged00u]

I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .

We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.

can you mention a single country where bitcoin is banned, i do not think that bitcoin is banned anywhere in the world, to me most of the countries have not given any statement about bitcoin, and hope that in future most of the countries are going to turn bitcoin as legal currency.

Well as I can remember that Thailand has banned bitcoin, they don't like bitcoin and don't want it to appear in their country. There are some other countries also regulate bitcoin as something illegal. Although this is just a minority in this giant world, it causes bitcoin to lose some of bitcoin's potential users. Overtime, this make bitcoin harder to reach its long way goal.

[ufaiz50]

We still don't know for sure how the future of the bitcoin will turn lot to be , even though that bitcoin has made a lot of progress over the few years and the price has gone up really high , but it is still not that know to many people and we are still not in a world where we could relay on crypto-currency in our daily lives just yet.

no one knows what happens in the future, but technology has advanced we can predict what will happen in the future by considering survey user bitcoin , enthusiast and technology

[hurain]

We still don't know for sure how the future of the bitcoin will turn lot to be , even though that bitcoin has made a lot of progress over the few years and the price has gone up really high , but it is still not that know to many people and we are still not in a world where we could relay on crypto-currency in our daily lives just yet.

no one knows what happens in the future, but technology has advanced we can predict what will happen in the future by considering survey user bitcoin , enthusiast and technology

That's true and we can see some indications that the future of bitcoin will be great. And I guess that is already enough that bitcoins future is going to keep on progressing as it is the most used and preferred crypto currency and it cannot be replaced by some other crypto's that are coming out.

yes we can even guess it from our own area, as in our area when i start using bitcoin there were only 1 or 2 other people who were using bitcoin, but now we can see that the number of bitcoin users in my area are than 100 i personally know a lot of of them hope that this progress will be continue everywhere.

[Ewinsane]

I think that the future of bitcoins depends on many other factors.
Firstly the price should be more stable and increasing/decreasing slowly to get more people interested in this payment method.
If this is done then more e-commerces will implement it and boom, the price of bitcoin and popularity will be on maximum.

[ReLieD]

The future of bitcoins is very bright seeing it's current growth . But we can never be sure , it might drastically reduce as well . So no-one can fucking suggest anything about the future . People can just assume

[Kotone]

I think that the future of bitcoins depends on many other factors.
Firstly the price should be more stable and increasing/decreasing slowly to get more people interested in this payment method.
If this is done then more e-commerces will implement it and boom, the price of bitcoin and popularity will be on maximum.

It always depends on the other factors and demand of each country and people who will use bitcoin if its already popular then bitcoin can be use to any merchant store and they will accept it bitcoin now is rapidly increasing hope that it will not decrease or will leap into fall one. Hope bitcoin will impose into our economics to have more funds or be boost next year.

[Sled]

The future of bitcoin as of now is pretty clear because it is very obvious and you can see that on the price. The price of bitcoin now is very high and it is a good sign that soon it will become higher and the future of bitcoin will become better if many countries or stores will accept bitcoin because it will attract investors because having a new payment option will get the curiosity of the customers and there is a high chance that they will start to use bitcoin.

[cinchin]

I think that the future of bitcoins depends on many other factors.
Firstly the price should be more stable and increasing/decreasing slowly to get more people interested in this payment method.
If this is done then more e-commerces will implement it and boom, the price of bitcoin and popularity will be on maximum.

yes,you right,i think bitcoin depend on users.In the future,bitcoin will disappear if demand of use bitcoin down

[kumax]

I think that the future of bitcoins depends on many other factors.
Firstly the price should be more stable and increasing/decreasing slowly to get more people interested in this payment method.
If this is done then more e-commerces will implement it and boom, the price of bitcoin and popularity will be on maximum.

I think the biggest problem, which plays against wider adopting of bitcoin, it's the complexity of the crypto-currency.
I don't know how other members, but for me it took months to understand how everything works and of course I still don't know everything.
It's just still too compicated to understand for "normal" people and also I believe there is no big will to learn about it.

[rickadone]

I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .

We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.

can you mention a single country where bitcoin is banned, i do not think that bitcoin is banned anywhere in the world, to me most of the countries have not given any statement about bitcoin, and hope that in future most of the countries are going to turn bitcoin as legal currency.

It is true that the word is still not ready for crypto currency yet and there are people who are not even aware that bitcoin exists, but we can’t deny the fact that our word is moving toward relaying on internet and electronic devices and credit cards more and more and that is where the future of the word is headed to and that is why bitcoin will be the perfect solution for it.

[streazight]

The future of bitcoin as of now is pretty clear because it is very obvious and you can see that on the price. The price of bitcoin now is very high and it is a good sign that soon it will become higher and the future of bitcoin will become better if many countries or stores will accept bitcoin because it will attract investors because having a new payment option will get the curiosity of the customers and there is a high chance that they will start to use bitcoin.

The price of the bitcoin itself does not determine the future of the bitcoin, it does not matter if it gets to 10000$ as long as we cannot use it , if bitcoin price gets higher that will make it harder for people to get it.

If countries don’t accept it as a payment method or if they ban it , using it will become worthless, what I want to see is that we want to be able to use bitcoin as a currency anywhere we want and that is what is the future.

[mastica]

I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .

We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.

can you mention a single country where bitcoin is banned, i do not think that bitcoin is banned anywhere in the world, to me most of the countries have not given any statement about bitcoin, and hope that in future most of the countries are going to turn bitcoin as legal currency.

It is true that the word is still not ready for crypto currency yet and there are people who are not even aware that bitcoin exists, but we can’t deny the fact that our word is moving toward relaying on internet and electronic devices and credit cards more and more and that is where the future of the word is headed to and that is why bitcoin will be the perfect solution for it.

Into the developed countries we do see cellphones and computer use just growing, and this will keep happen, its an industry of millions, that keeps inovating bringing new layout and better perfomance toys.
Bitcoin isnt well know yet, just a small number of people knows and have bitcoins, soo we havent reached 4% from population, mainstream its something should happen over the next years, atleast its epexcted, media should promote bitcoin, and this time a bubble wont happen, or atleast it wont crash like before.

[EdenHazard]

I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .

We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.

can you mention a single country where bitcoin is banned, i do not think that bitcoin is banned anywhere in the world, to me most of the countries have not given any statement about bitcoin, and hope that in future most of the countries are going to turn bitcoin as legal currency.

It is true that the word is still not ready for crypto currency yet and there are people who are not even aware that bitcoin exists, but we can’t deny the fact that our word is moving toward relaying on internet and electronic devices and credit cards more and more and that is where the future of the word is headed to and that is why bitcoin will be the perfect solution for it.

Currently, Iceland, Bolivia, Ecuador, Kyrgyzstan and Vietnam the countries that ban bitcoin officially, anyway you were right about how bitcoin not accepted yet in general public, they still have no idea about bitcoin right now.

but as time goes by , people will need bitcoin technology to make things easier, it is just the matter of time.

[nobanks4me]

http://www.coindesk.com/chinas-central-bank-testing-blockchain-backed-digital-currency/
Sounds like the i-coin predicted at the start of this thread.

[nobanks4me]

http://www.coindesk.com/chinas-central-bank-testing-blockchain-backed-digital-currency/
Sounds like the i-coin predicted at the start of this thread.

Here are some more banks that are studying to  start their own i-coins
http://www.coindesk.com/bank-of-england-dlt-reshape-banking/

[nobanks4me]

http://www.coindesk.com/fed-paper-dlt-digital-currency-change-payments-landscape/