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Author Topic: The future of Bitcoin  (Read 119551 times)
Vikingr
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May 31, 2017, 06:43:34 PM
 #1401

The future of bicoin is depends on how it handle by the users. I beleive bitcoin future is great as it is being adopted by many and any countries. It is being popular because of its easy use and access. And, hoping that government will accept bitcoin.
the users have handle bitcoin very well only when newbie come they feel fear in the start and whne know fully about bitcoin they then involve completely in bitcoin and support it fully. With that way I am sure that when governments will feel that their citizens are feeling better with bitcoin then the governments wll also adopt bitcoin.
The_Dark_Knight
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June 02, 2017, 09:57:12 PM
 #1402

Many are already familiar with bitcoin and they already know how the future of bitcoin next
But still considered as a few number on the total population or potential number of adopters, we keep spreading
the good news and people will know. It's a long journey and eventually they will understand and adopt at the right time.

Yeah and considering there are billions of people that eventually can accept bitcoin, and we're probably on a few million, I didn't even expect the price to be rising this high and also some of the businesses that rejected bitcoin earlier accepted it now.
I don’t think the number of persons is that important, the most important thing is the amount of money moving in the bitcoin economy, if even something as low as 1% of the world economy begins to move in bitcoin then we can expect prices that are ridiculous for bitcoin.
wallstone
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June 03, 2017, 04:27:16 AM
 #1403

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

The future of bitcoin will still bitcoin but its have price and you can use it different kind of transaction in the world. I think in the future all banks in the world will also accept bitcoin as deposit of their client or costumer.Lastly, the bitcoin will spread in the world and all the people will know what it is.
wantjokull
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June 03, 2017, 04:35:52 AM
 #1404

That way government will never succeed in their plan to bring I down. Bitcoin and blockchain technology is sophisticated matter and it is a part of internet itself where the transactions are confirmed on the roadmap of complex internet. It uses personal PC's to complex miners to confirm the node and works completely publicly. When it is about public interest banks will not be able to change the course of it. The government if try to regulate it then bitcoin will be revolted for the price that government has to pay.

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nobanks4me (OP)
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June 03, 2017, 05:26:53 AM
 #1405

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

The future of bitcoin will still bitcoin but its have price and you can use it different kind of transaction in the world. I think in the future all banks in the world will also accept bitcoin as deposit of their client or costumer.Lastly, the bitcoin will spread in the world and all the people will know what it is.
The only way to get ALL the people to know about Bitcoin is to give it away to the poor. One possibility is "helping people with a few clicks of the mouse".  People without banks have the most to gain from Bitcoin. Using Bitcoin for donations is a win-win for those with Bitcoins and those without. To send a small donation does not need a high fee because the confirmation time can be as long as a few days. Take a look at one proposal to do just that. https://www.facebook.com/MicroJITIFA/  

⚫ ⚫ ⚫  Listen to the weekly altcoinsidekick.com podcast to understand what cryptocurrency is really all about.  ⚫ ⚫ ⚫
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nobanks4me (OP)
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June 03, 2017, 06:24:28 AM
 #1406

http://www.coindesk.com/bank-russia-time-develop-national-cryptocurrencies/

⚫ ⚫ ⚫  Listen to the weekly altcoinsidekick.com podcast to understand what cryptocurrency is really all about.  ⚫ ⚫ ⚫
AltcoinSidekick.com - CRYPTO Blog | Podcasts | Videos | Tools  ▬▬▬ ■
aso118
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June 03, 2017, 06:28:10 AM
 #1407

Many are already familiar with bitcoin and they already know how the future of bitcoin next
But still considered as a few number on the total population or potential number of adopters, we keep spreading
the good news and people will know. It's a long journey and eventually they will understand and adopt at the right time.

Yeah and considering there are billions of people that eventually can accept bitcoin, and we're probably on a few million, I didn't even expect the price to be rising this high and also some of the businesses that rejected bitcoin earlier accepted it now.
I don’t think the number of persons is that important, the most important thing is the amount of money moving in the bitcoin economy, if even something as low as 1% of the world economy begins to move in bitcoin then we can expect prices that are ridiculous for bitcoin.

The 2 are interlinked. I don't think it is possible to get a substantial portion of the world economy moving through bitcoins, if enough number of people don't use bitcoin. Of course, as adoption increases (both in volume and value terms), the network effect will kick in and prices will go through the roof.


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June 03, 2017, 06:36:26 AM
 #1408

There are many things that might happen in the future of bitcoin maybe it gone or may continue until it become a legal currency. I have a faith in bitcoin that it will became our altrnative mode of payment soon. Bitcoin is beneficial on those people who now about it and we spread about bitcoin it is not far to become job for unemployed person.



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zarintasnim
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June 03, 2017, 06:53:31 AM
 #1409

There is proverb morning shows day. What is the future of bitcoin we imaging that.  Bitcoin price  increasing day by day. Many countries  now days accept bitcoin. In future bitcoin use in real money. We use bitcoin buying food. The future of bitcoin is very bright.

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June 03, 2017, 06:58:01 AM
 #1410

I know that the government today is now aware about the bitcoins. I know that they are have a plan in the bitcoins. But I also expecting that they will accept the bitcoin in the near future.
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June 03, 2017, 07:08:26 AM
 #1411

I just want to view the bitcoin in the future as one of the coins in the digital currency world, however I just want to be part of the history of bitcoin.
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June 03, 2017, 03:05:09 PM
 #1412

There is proverb morning shows day. What is the future of bitcoin we imaging that.  Bitcoin price  increasing day by day. Many countries  now days accept bitcoin. In future bitcoin use in real money. We use bitcoin buying food. The future of bitcoin is very bright.
I'm also looking forward for that to happen.Bitcoin will continue to arouse the interest of the people and will be the number one leading cryptocurrency in the whole world.The price of every bitcoin in the market will contine to rise until it hit almost a million.Ohhh....we really don't know what it's destiny.We just have to believe.
KingdomHearts
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June 05, 2017, 02:42:16 AM
 #1413

Many are already familiar with bitcoin and they already know how the future of bitcoin next
But still considered as a few number on the total population or potential number of adopters, we keep spreading
the good news and people will know. It's a long journey and eventually they will understand and adopt at the right time.

Yeah and considering there are billions of people that eventually can accept bitcoin, and we're probably on a few million, I didn't even expect the price to be rising this high and also some of the businesses that rejected bitcoin earlier accepted it now.
I don’t think the number of persons is that important, the most important thing is the amount of money moving in the bitcoin economy, if even something as low as 1% of the world economy begins to move in bitcoin then we can expect prices that are ridiculous for bitcoin.
Well, I am not sure whether to find this statement as a correct one for me or not because everyone has his own opinion and logic to state something about. I consider the number of the people which is more important because if there will be only a few people using the Bitcoin it’s price will definitely go down because of the low demand in public.
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June 05, 2017, 03:11:15 AM
 #1414

We already clearly see how the future of bitcoin, very good. Many countries are rumored to be using bitcoin and altcoin like japan, many companies are starting to see bitcoin and blockchain as a safe system. The longer the more people like bitcoin, so I believe the future of bitcoin will be good
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June 05, 2017, 04:11:10 AM
 #1415

After Japan and South korea formally legalizing the use of bitcoin, it will be immediately following by another country, I'm sure the future of bitcoin will good and can be use for official transactions between countries.
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June 05, 2017, 04:41:01 AM
 #1416

In my prediction the future of bitcoin were depends on the fluctuation of their value in the market. However,selling of bitcoin in the market were also affect to the status of digital currencies in the future.
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June 05, 2017, 05:54:56 AM
 #1417

First!My imppression about bitcoin is very bad impression cause at first you will think that it is a scam that came from different entertainments and from other countries.But now i just think that the future of it will be very successfull and hope that the bitcoin will contain and maintain that kind of transaction for them to be more successful
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June 05, 2017, 07:09:41 AM
 #1418

Bitcoin has potential to revolutionize the financial world. Ease of transactions offered by bitcoin make many people choose bitcoin as a means of payment or investment. A very bright future will definitely bitcoin as investors grow.
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June 07, 2017, 06:52:06 AM
 #1419

Many are already familiar with bitcoin and they already know how the future of bitcoin next
But still considered as a few number on the total population or potential number of adopters, we keep spreading
the good news and people will know. It's a long journey and eventually they will understand and adopt at the right time.

Yeah and considering there are billions of people that eventually can accept bitcoin, and we're probably on a few million, I didn't even expect the price to be rising this high and also some of the businesses that rejected bitcoin earlier accepted it now.
I don’t think the number of persons is that important, the most important thing is the amount of money moving in the bitcoin economy, if even something as low as 1% of the world economy begins to move in bitcoin then we can expect prices that are ridiculous for bitcoin.

The 2 are interlinked. I don't think it is possible to get a substantial portion of the world economy moving through bitcoins, if enough number of people don't use bitcoin. Of course, as adoption increases (both in volume and value terms), the network effect will kick in and prices will go through the roof.
They are linked, but what we need are business getting into bitcoin and we also need new business that not only try to market their current business model in bitcoin, we need new business models so while the number of users need to increase for the business to come to bitcoin most of the money is going to come from investments.
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June 07, 2017, 08:05:10 AM
 #1420

Bitcoin won't last is an untimely articulation sincerely. It can go whichever way and in changing degrees.

Maybe its can be a cash to be figure with or basically a money that is broadly utilized as a part of the web or can gradually vanish, yet considering there are alot of financial specialists in it, it is difficult to truly have it totally cease to exist regardless of the possibility that it in the long run turns into a specialty showcase.

In the event that anything however I trust bitcoin will have a future, yet since what's to come is still yet to be composed we can't state for beyond any doubt what it will contribute or be later on.

Invest as a long-term, or a person who is interested of the innovation and appreciate the ride Smiley that is a piece of the hazard and fun sincerely =). (Obviously don't put excessively cash that it can represent the moment of truth you, any speculator ought to know not to put all your monetary investments tied up on one place)
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