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Author Topic: The future of Bitcoin  (Read 119596 times)
Bunsomjelican
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April 30, 2017, 03:45:50 PM
 #1221

The future of bitcoin was to become the new world currency to all nations.
and someday bitcoin will be accept by all merchants in the entire world together
with the other well known companies will also adopt it because it is very easy
to use and very convenient too. Wink
Kyraishi
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April 30, 2017, 04:47:53 PM
 #1222

It will hit 2000$ in 2 month imo. Price is waiting for opportunity to bounce and go higher like there is no tomorrow.
Nothing can be predicted exactly, as bitcoin functions as a decentralized system as well it is completely uncertain. So considering the price move we've got increased chance of reaching $2000 in 2months, but often this stabilizes at some price point for small time period which is good way to move with resistance.

$1500 per bitcoin is the next predicted price, so before we go to $2000 per bitcoin, then we have to go first of course on $1500, though it is all prediction from the people on the Slack discussion. But we are all sure that the bitcoin's price will continue to rise because of its population is continuing on increasing everyday, since the demand is increasing, then the price will increase also.
In fact, I have found out that some people are thinking that we have already broken the 1500$ area, it is so funny Cheesy
I assume that it is because they have seen the BTC price on bitfinex , and they do not know the reason of why the bitcoins on bitfinex are worth more than on other exchanges.
Obviously, if you want to sell your BTC on this place, you are not going to be able of withdrawing the funds in a wire transfer, after all they have suspended them.

I think that we can really expect 2000 USD per bitcoin in this year, because we already passed the 1300$ area. It seems really nice in my opinion, but I hope there will be no strange , big downside bursts during next year.

RamBahadur.Gurung
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April 30, 2017, 05:05:08 PM
 #1223

The future of bitcoin was to become the new world currency to all nations.
and someday bitcoin will be accept by all merchants in the entire world together
with the other well known companies will also adopt it because it is very easy
to use and very convenient too. Wink

I hope that at least a part of what you had posted will happen for real. But I have doubts regarding the future of Bitcoin. In general, the governments are opposed to the usage of BTC, due to risk of tax evasion and drug purchases.
The_Dark_Knight
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April 30, 2017, 07:49:47 PM
 #1224

It is the choice between good and good. If governments start buying BTC, that takes volume up, yet they still cannot dominate the network.

If they do not, network will keep going on without them and their influence will lessen in the network.
This is why I have always thought of bitcoin as a hydra with an infinite amount of heads, as soon as you decapitate one two more emerge, I don’t see any way in which a government can realistically smash bitcoin and that is a good thing.
paycum
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April 30, 2017, 08:06:35 PM
 #1225

The future of bitcoin was to become the new world currency to all nations.
and someday bitcoin will be accept by all merchants in the entire world together
with the other well known companies will also adopt it because it is very easy
to use and very convenient too. Wink

The future of bitcoin is definitely bright but its hard to believe that each and every person in the world will start using bitcoins as some of them might find it complicated and will prefer to use only fiat and even the Government will play a key role in deciding the future of bitcoins.

 
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michnelli6
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May 02, 2017, 06:51:19 AM
 #1226

As long as the people that knew of bitcoins or even simply heard about the idea, bitcoin will always be there. Bitcoin can go down and then at some point someone will rebirth the idea of a decentralized money. Bitcoin just can't die easily regardless of mainstream's acceptance. The idea has already spread and people has already replicated it thru altcoins.
Bitcoin will grow rapidly in the future and in the near future the wall street people will invest in bitcoin as bitcoin is being covered by media now a days more frequently.

The future of bitcoin is purely depending on the userbase but it is constantly raising regardless of what are the problems we are having within bitcoin ecosystem. This is due to people are having faith on bitcoin devs to solve those problems over time as bitcoin is versatile enough to adopt any changes.
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May 02, 2017, 09:42:54 AM
 #1227

http://www.coindesk.com/norway-central-bank-anonymous-digital-currency/

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May 02, 2017, 09:57:09 AM
 #1228

As long as the people that knew of bitcoins or even simply heard about the idea, bitcoin will always be there. Bitcoin can go down and then at some point someone will rebirth the idea of a decentralized money. Bitcoin just can't die easily regardless of mainstream's acceptance. The idea has already spread and people has already replicated it thru altcoins.
Bitcoin will grow rapidly in the future and in the near future the wall street people will invest in bitcoin as bitcoin is being covered by media now a days more frequently.

The future of bitcoin is purely depending on the userbase but it is constantly raising regardless of what are the problems we are having within bitcoin ecosystem. This is due to people are having faith on bitcoin devs to solve those problems over time as bitcoin is versatile enough to adopt any changes.
Maybe the future of bitcoin depends on how it is used today. If it is used well, then in the future everyone will receive bitcoin, and will be developed into the most popular thing. But, if it is not possible the government will consider bitcoin to be illegal. But, bitcoin will definitely be developed into something better.

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May 02, 2017, 10:06:20 AM
 #1229

As long as the people that knew of bitcoins or even simply heard about the idea, bitcoin will always be there. Bitcoin can go down and then at some point someone will rebirth the idea of a decentralized money. Bitcoin just can't die easily regardless of mainstream's acceptance. The idea has already spread and people has already replicated it thru altcoins.
Bitcoin will grow rapidly in the future and in the near future the wall street people will invest in bitcoin as bitcoin is being covered by media now a days more frequently.

The future of bitcoin is purely depending on the userbase but it is constantly raising regardless of what are the problems we are having within bitcoin ecosystem. This is due to people are having faith on bitcoin devs to solve those problems over time as bitcoin is versatile enough to adopt any changes.
Maybe the future of bitcoin depends on how it is used today. If it is used well, then in the future everyone will receive bitcoin, and will be developed into the most popular thing. But, if it is not possible the government will consider bitcoin to be illegal. But, bitcoin will definitely be developed into something better.
Every​ day the growth is happening through internet than through other means. Without the use of internet we might be lagging in growth. For the fast moving world without advancement we can't get everything that's necessary for a living. So considering this at some point government will start supporting Bitcoin​ same as Japan government.

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May 02, 2017, 03:46:10 PM
 #1230

Here in Germany I haven't met anyone yet, who actually knows what Bitcoin really is and how it works, let alone using it.
Most of the people I meet, are in the age of 18-25. This generation have no fundamental reason to leave their comfort-zone of using fiat-currency as it is working perfectly well for their personal purpose in a relative stable country like Germany (Online-Shopping, card-payment at the supermarket etc.). These people don't do cross-border payments with high transaction-fees or were directly affected by financial crisis. So there is no reason to change the online payment-habits, "...as there is no difference between Bitcoin and credit-cards", let alone dealing with the additional security measures required when want to use Bitcoin safely.

What most of them do have in common tough, is a critical opinion about the governments, financial institutions, "The rich 1%" etc.
So, at least in my opinion, I think we have a feeling that something in the present needs to be changed, but can't express what and how it should be done.

So the core reason to support bitcoin is present, but is has to be awaken. A sad, but yet efficient trigger will be bad events like economic crisis, protectionism etc.  which enhance the spotlight more and more on Bitcoin and its decentralized characteristic.

For the older generation I see little chance...You can't teach old dogs new tricks. When I look back to the responses from people who I spoke to about Bitcoin, the older generation didn't even want to listen and just nodding through the conversation, kind of letting me know, that this is just a scam and I am just naiv about it. I hope I will be taught a better.  Wink

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May 02, 2017, 03:55:24 PM
 #1231

With the current price of Bitcoin reaching and surpassing its all time high, the future of Bitcoin looks goodas this will definitely make people more aware of Bitcoin and how Bitcoin changes the peoplea lives for those who bought whennits still at its lowest price. Bright future ahead thats what I see.
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May 02, 2017, 07:10:48 PM
 #1232

I think bitcoin will still grow in the future. Well, that is a very profitable technology for many people. So, the probability of bitcoin will continue to develop into the future. Someday, maybe bitcoin has a function that is equivalent to fiat, or even higher.

I agree with you. Bitcoin has great potential. And in the future, new ways of using bitcoin and the blockchain system will be invented. It will be implemented in many countries. And of course the price will grow significantly
As far now bitcoin price has increased very fast. If we look at the price for last one year we can see that the price of bitcoin has increased drastically. I don’t think so that the people interest will divert to altcoin or elsewhere. Bitcoin is the future and in coming days more and more people will take interest in bitcoin and will invest their money in bitcoin. 
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May 02, 2017, 07:49:36 PM
 #1233

I think bitcoin will still grow in the future. Well, that is a very profitable technology for many people. So, the probability of bitcoin will continue to develop into the future. Someday, maybe bitcoin has a function that is equivalent to fiat, or even higher.

I agree with you. Bitcoin has great potential. And in the future, new ways of using bitcoin and the blockchain system will be invented. It will be implemented in many countries. And of course the price will grow significantly
As far now bitcoin price has increased very fast. If we look at the price for last one year we can see that the price of bitcoin has increased drastically. I don’t think so that the people interest will divert to altcoin or elsewhere. Bitcoin is the future and in coming days more and more people will take interest in bitcoin and will invest their money in bitcoin. 
Very often there are conflicting forecasts regarding Bitcoin and its future price. Of course, I would be happy if the end of the year as planned, the price rose to $ 2,000. But I'm used to looking at things realistically and it's best to wait until time to be sure.
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May 02, 2017, 09:04:53 PM
 #1234

In my opinion, bitcoin future might be really bright for all those people that have joined this great community long time ago.
Also, im sure that it will be a nice opportunity for the remaining group of people, that are currently a newbies about cryptocurrencies.
It is because the price of bitcoin is still reasonable, indeed it is high if we consider the bitcoin price history, but imagine what may happen in next 5 years, if we had a rise from 1200$ to 1400$ in only several days.

I hope that BTC will reach the really big price, and the demand will constantly increase. In such a scenario, there are no limits for the value of BTC.
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May 03, 2017, 01:43:25 AM
 #1235

first I doubt that bitcoin can achieve results like this, I know the bitcoin a year ago when the price of $240 I had bought 2 BTC and I sell $275 price (2 months later) and then I leave a bitcoin and see price 3 months ago has reached more than $1000.
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May 03, 2017, 02:17:28 AM
 #1236

I'm optimistic future bitcoin will be brilliant, this is because the users continue to increase so as to make the price continues to rise. I'm sure the prices this year would reach over $2500/btc.
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May 03, 2017, 03:59:25 AM
 #1237

I'm optimistic future bitcoin will be brilliant, this is because the users continue to increase so as to make the price continues to rise. I'm sure the prices this year would reach over $2500/btc.
the current increase rate of price makes me thing almost same, I also think price can reach to a big mark, but it is also possible that this is just a temporary pump and price will come back to it's usual mark..
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May 03, 2017, 05:07:05 AM
 #1238

first I doubt that bitcoin can achieve results like this, I know the bitcoin a year ago when the price of $240 I had bought 2 BTC and I sell $275 price (2 months later) and then I leave a bitcoin and see price 3 months ago has reached more than $1000.
yeah you are right same like me before a month ago i said to my father to invest in it when its price is approxematetly $360 dollar but he decline to do this but now he is regretting his decission. the way its price is reaching to extreme day by day i am thinking to invest some more in it. i hope it will reach to $2000 till the end of this year
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May 03, 2017, 05:58:59 AM
 #1239

I'm optimistic future bitcoin will be brilliant, this is because the users continue to increase so as to make the price continues to rise. I'm sure the prices this year would reach over $2500/btc.
the current increase rate of price makes me thing almost same, I also think price can reach to a big mark, but it is also possible that this is just a temporary pump and price will come back to it's usual mark..
The current bitcoin price increase makes me think that the future of bitcoin will get better. Well, in the past 5 years, bitcoin has also been predicted to be very good in the future, and nowadays, it has been proven. I am sure, in the future to come, bitcoin has been used by everyone.

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Bondho Kompeni
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Adoption Blockchain e-Commerce to World


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May 03, 2017, 06:11:05 AM
 #1240

I'm optimistic that bitcoin will soon officially used as legal money in many countries. This is because of the increasing number of users of the bitcoin thus making prices continue to rise.


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AIGO
Adoption Blockchain
e-Commerce to World







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