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Author Topic: The future of Bitcoin  (Read 119429 times)
Lorence.xD
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June 16, 2017, 03:17:19 PM
 #1481

Bitcoin has a very bright future.I kmow that bitcoin will be successful someday and it will be known, and will be uaed by money .And i can see bitcoin as one of the countrys money currency.
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June 16, 2017, 03:20:27 PM
 #1482

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.


THe future of bitcoin is really good, it is not that bad unless it will not developed. Bitcoin as a digital currency has its flaws, the reason why it needed to be improved. But other crypto currency are not trying to compete with bitcoin, how can they compete when there are no one to control them. The people are just loving how these crypto currency are done.

Exactly, I feel some Altcoins are born out of greed and selfishness as most end at ICO level without a future and the others that managed through the years just lack the development and competition adequate to give Bitcoin a firm competition.
To give an explanation on why are you telling that Bitcoin will have a good future. I am giving one reason why. Bitcoin as of right now are having developed countries try to legalize or recognize Bitcoin as a mode of payment namely Korea, Japan, and Russia which means if it becomes successful other countries will follow the lead and therefore will increase the demand of Bitcoin with its development. The demand will simply make Bitcoin have a higher value in the future.
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June 16, 2017, 03:40:56 PM
 #1483

Most of us here believe that the future of bitcoin are bright and good. I believe so,as long as many people are supporting bitcoin, it will be a good for all of us. Also, when news about many countries are supporting it, the future looks more brighter again.
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June 16, 2017, 06:26:53 PM
 #1484

Bitcoin does have the potential to become larger than it is today. When other altcoins have the power to increase their rates. But bitcoin will still be the best cryptocurrency, market and also the demand that many of the users will make bitcoin into world economic power.

Agree. Even though Bitcoin has its issues, I'm confident that it will survive and evolve for many years to come. Since this has been the year of Bitcoin, people has seen it as a serious investment to grow their wealth over the long term.

The original cryptocurrency has a solid community and development team that are always addressing its issues to make it stronger each day. While the Bitcoin community is not unified yet, in terms of adding further updates to the protocol such as proposed scalability issues, I'm sure that consensus would be reached somehow the easy way or the hard way.

As for altcoins, they're pretty unstable sometimes and tend to have constant changes in price over time. Only a few have been able to remain solid on the markets like Ethereum. This last one is close to reaching Bitcoin's market cap. It would be interesting to see what will happen with both of these cryptocurrencies over the year and beyond. Just my opinion. Smiley

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June 16, 2017, 06:48:09 PM
 #1485

Most of us here believe that the future of bitcoin are bright and good. I believe so,as long as many people are supporting bitcoin, it will be a good for all of us. Also, when news about many countries are supporting it, the future looks more brighter again.

I agree to an extent, I think the future of bitcoin is probably good but its a fact that the stalemate in the scaling discussion is a threat. I think bitcoin could become an altcoin if the community doesn't get its act together but I think crypto will always be around.
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June 16, 2017, 07:22:08 PM
 #1486

Most of us here believe that the future of bitcoin are bright and good. I believe so,as long as many people are supporting bitcoin, it will be a good for all of us. Also, when news about many countries are supporting it, the future looks more brighter again.

I agree to an extent, I think the future of bitcoin is probably good but its a fact that the stalemate in the scaling discussion is a threat. I think bitcoin could become an altcoin if the community doesn't get its act together but I think crypto will always be around.
although there are some minor issues that bitcoin s facing but these issues are recoverable and we are expecting that such issues will over come very soon. over all the future of bitcoin is very much bright and very soon people are going to adopt bitcoin specially those people who have the facilities to computer and internet.  i am sure that the community of bitcoin will be increasing more and more because the demand of bitcoin is increasing from time to time.
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June 16, 2017, 07:49:23 PM
 #1487

i think the future of bitcoin will be much more good than present.
I also agree with you that the future will be softer and I hope bitcoin can be a source of family income.
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June 16, 2017, 09:22:12 PM
 #1488

It's definitely interesting to see how the rate at which Bitcoin grows accelerates rapidly in different regions — for instance, the price in China (right now) is nearly $400 greater than that of its US equivalent.
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June 17, 2017, 04:51:18 AM
 #1489

bitcoin has great future , and its here to stay.,
governments will be needing to adopt to it., they cant control it, so either they can create their own cryptocoin or join with bitcoin.

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June 17, 2017, 07:36:00 AM
 #1490

bitcoin has great future , and its here to stay.,
governments will be needing to adopt to it., they cant control it, so either they can create their own cryptocoin or join with bitcoin.
Bitcoin will definitely stay here in the internet and after a few years of waiting we will see that bitcoin will be adopted by the government and countries around the world and i think it will be the very exciting moment to happen because we can freely spend our bitcoins to the things that we want without converting it into fiat.

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June 17, 2017, 08:07:33 AM
 #1491

bitcoin has great future , and its here to stay.,
governments will be needing to adopt to it., they cant control it, so either they can create their own cryptocoin or join with bitcoin.
Yeah, the Internet is where Bitcoin is needed to be, and because the government cannot control Bitcoin but they need Bitcoin (or even other e-coins), they need to code another coins themself which can be controled by them so that they can easily control their countries
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June 17, 2017, 08:11:14 AM
 #1492

The outcome of bitcoin predicted by OP is ridiculous. The gov will definitely any time crack down any illegal trading without the exception of bitcoin.

The government will definitely do that, and are already doing it. Look at the current silk road.

It will be definitely harder for the gov to crack down on systems that use crypto though.

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June 17, 2017, 08:13:57 AM
 #1493

Bitcoin has a very bright future.I kmow that bitcoin will be successful someday and it will be known, and will be uaed by money .And i can see bitcoin as one of the countrys money currency.
Yes i see bitcoin future so brightly , i believes that bitcoin will be known in all countries and  many people will accepts bitcoin as a source of income and many people will accept it in store as one of the accepted currency.

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June 17, 2017, 08:17:52 AM
 #1494

I think that in the future bitcoin will be used as one of the constituent parts of the gold and currency reserves of each country, along with gold and the strongest fiat currencies.
I believe it  too. Bitcoin will be legalize in all countries and many store will accepts bitcoin too. And i believe that bitcoin will increases its price even more. And it helps many people right now.

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June 20, 2017, 07:01:39 AM
 #1495

Bitcoin will not last forever
I predict Bitcoin will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the Bitcoin makes the price move is not fair. In my opinion, the increase in the value of Bitcoin significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
  profit-taking but forget to pay attention to the fundamentals of Bitcoin itself, the attitude of the Chinese Government against Bitcoin should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of Bitcoin will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
. Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
  addition will facilitate economic activity  will also encourage greater economic growth as a result of the circulation of money faster....

Meaning, this is just your speculations and prediction only. Though as long as I can see the demand of bitcoin was increasing there is no doubt that it will be happen  for sure that bitcoin will explode the price value.
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June 20, 2017, 01:01:17 PM
 #1496

If you see some countries have successfully adopted bitcoin and officially declared legality of bitcoin, this certainly provides a positive support about development of bitcoin in future, and it is likely that bitcoin will become a global currency that can be used for various financial transactions.
Yes after japan's adoption bitcoin as legal currency there was lots of changes happened in crypto world not only bitcoin also alternative coin. One more major impact was ransomeware .Even lots don't accept but its hard truth.
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June 20, 2017, 01:58:45 PM
 #1497

I think that in the future bitcoin will be used as one of the constituent parts of the gold and currency reserves of each country, along with gold and the strongest fiat currencies.
I believe it  too. Bitcoin will be legalize in all countries and many store will accepts bitcoin too. And i believe that bitcoin will increases its price even more. And it helps many people right now.
- Yes, I also think the bitcoin will be legalized in the future but perhaps it is a distant future because now the government of the country is not too concerned about it and they did not accept it. In addition, issues of transaction costs and time to accept the transaction has not yet found a way to solve, so if Bitcoin wants to be commonly used in the future, it will need to develop and improve more. Now we can see that Japan is the leading country in the use of Bitcoin in life, this is a very happy signal with bitcoin and its future


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June 20, 2017, 02:14:47 PM
 #1498

If you see some countries have successfully adopted bitcoin and officially declared legality of bitcoin, this certainly provides a positive support about development of bitcoin in future, and it is likely that bitcoin will become a global currency that can be used for various financial transactions.
Yes after japan's adoption bitcoin as legal currency there was lots of changes happened in crypto world not only bitcoin also alternative coin. One more major impact was ransomeware .Even lots don't accept but its hard truth.

Yeah we can find many adoption over bitcoin technology. There are many countries turning towards bitcoin and try implement in the banking system or making it as legal in their country. I wish in future bitcoin should national currency of USA. Because I need it to be controlling power of the world.
nethan1btc
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June 20, 2017, 02:23:03 PM
 #1499

If you see some countries have successfully adopted bitcoin and officially declared legality of bitcoin, this certainly provides a positive support about development of bitcoin in future, and it is likely that bitcoin will become a global currency that can be used for various financial transactions.
Yes after japan's adoption bitcoin as legal currency there was lots of changes happened in crypto world not only bitcoin also alternative coin. One more major impact was ransomeware .Even lots don't accept but its hard truth.

You're wrong my friend, many people have investments of alternative coins and it's a growing businesses today  and if you think japan's adoption only affect those alternative coin, then I tell you it's not. More investors wanted to use another just for reasons of bitcoin trading in the crypto market and by that; there's no boundaries of bitcoin future development.
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June 20, 2017, 02:30:26 PM
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in 2014, i read Faisal Khans article, and I totally agree with him. there is link to it:
https://www.quora.com/What-is-the-future-of-Bitcoin
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