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Author Topic: The future of Bitcoin  (Read 119597 times)
infer
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July 12, 2017, 05:39:05 PM
 #1541

Bitcoin is a one of the Great Digital Currency . This is a world best value with other coin. Bitcoin Future is a Real Dream it is true for any one. Now a Days Many Restaurant accept bitcoin. 
well bitcoin can be determined as the greatest cryptocurrency and no one can ever beat it because it is a leader of all cryptos and the beginning of new technology. However, in the future, bitcoin can be defeated by other cryptos because most of them have better technologies and algorithm.





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daringdiscovered
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July 13, 2017, 07:41:09 AM
 #1542

As per the latest information, the biggest news is, most of the banks are estimating the future of bitcoin. Crypto currency is completely depends upon the internet. But, there is no internet in some rural areas.

Still, bitcoin would successful in the future even though there is no internet in some secluded places or rural places, because there is a lot of places in the world which do have internet, and in the future, hopefully all the places in the near future will do have Internet Connection. Bitcoin will still remain out there no matter what happens because it was made to be decentralized or independent.
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July 13, 2017, 08:29:08 AM
 #1543

As per the latest information, the biggest news is, most of the banks are estimating the future of bitcoin. Crypto currency is completely depends upon the internet. But, there is no internet in some rural areas.

Still, bitcoin would successful in the future even though there is no internet in some secluded places or rural places, because there is a lot of places in the world which do have internet, and in the future, hopefully all the places in the near future will do have Internet Connection. Bitcoin will still remain out there no matter what happens because it was made to be decentralized or independent.
Internet penetration globally will make bitcoin to be generally accepted more people will see this digital currency with a bright future and the acceptability will increases the more, I foresee more countries accepting bitcoin and being offered as a means of transaction.

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July 13, 2017, 01:58:37 PM
 #1544

All is possible, this is sure, but you forget altcoins, I think banks should rather worry about the risks and the consequences of their development. I like altcoins  Grin
Bitcoin will be only an element of the new crypto economy. For the rest, we will see

Altcoins' development, where? All they do is copy the idea of bitcoin users and add something "useful" to it. They add a bunch of gimmicks and call it a "useful" feature. SegWit and Lightning network is on Litecoin and I think that's the only coin that have some actual improvement. Ethereum is a platform and Ether gets pumped because of the smart contracts related to them. And now we have Waves, all of these coins are new and they really don't have that much to offer. They do have certain aspects that they excel, but for the banks to watch altcoins out is something that I wouldn't say. After all, altcoins only followed bitcoin's concept and will continue to do so.

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hurain
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July 13, 2017, 03:44:59 PM
 #1545

Bitcoin's future history is good, many countries and groups began to accept the status of bitcoin virtual currency, and Japan has begun to popularize bitcoin payment, so I think it is like bitcoin Wink
yes no doubt about the future of bitcoin.i am sure that bitcoin future is very bright, we we see very soon that the price of bitcoin will continue increasing from time to time. and hope that this will attract more and more people to invest money in bitcoin.
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July 13, 2017, 04:45:16 PM
 #1546

All is possible, this is sure, but you forget altcoins, I think banks should rather worry about the risks and the consequences of their development. I like altcoins  Grin
Bitcoin will be only an element of the new crypto economy. For the rest, we will see

Altcoins' development, where? All they do is copy the idea of bitcoin users and add something "useful" to it. They add a bunch of gimmicks and call it a "useful" feature. SegWit and Lightning network is on Litecoin and I think that's the only coin that have some actual improvement. Ethereum is a platform and Ether gets pumped because of the smart contracts related to them. And now we have Waves, all of these coins are new and they really don't have that much to offer. They do have certain aspects that they excel, but for the banks to watch altcoins out is something that I wouldn't say. After all, altcoins only followed bitcoin's concept and will continue to do so.

I think that you underestimating altcoins. This is just the begin, we will see an evolution without any doubt. This is my personal advice  Wink

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July 13, 2017, 04:51:53 PM
 #1547

http://www.coindesk.com/postal-service-customers-austria-can-now-buy-bitcoin-ether/

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July 13, 2017, 06:26:25 PM
 #1548

I think the future of bitcoin will be fine and stable...
in recent months Bitcoin has gained huge value, day by day bitcoin is gaining the heavy value of money. not only that but also it is getting popular and acceptable across the world. so it can be predicted that Bitcoin will dominate in the monetary world...
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July 14, 2017, 05:54:27 AM
 #1549

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



I think bitcoin will grow in the future as it is being considered by many people. The speed between transactions has also improved, but the fees increase, the security is high, easy to deal with the internet only, absolute security

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July 14, 2017, 06:04:43 AM
 #1550

I think the future of bitcoin will be fine and stable...
in recent months Bitcoin has gained huge value, day by day bitcoin is gaining the heavy value of money. not only that but also it is getting popular and acceptable across the world. so it can be predicted that Bitcoin will dominate in the monetary world...
For me I believe on your thoughts regarding bitcoin stability, because price changes smoothly. Eventhough fluctuations affects some of the investors decisions which sometimes lead to panic sells, that eventually decreases the price in the market. We will notice after that, the price climbs again to top and influenced more investors.
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July 14, 2017, 11:07:24 AM
 #1551

the future of bitcoin is definitely bright right now as more companies are getting interested in it right now, i hope there will be a big increase

also i think that more people will start using it more often and more shops will accept it
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July 14, 2017, 01:25:59 PM
 #1552

I heard that GoFundMe is looking into offering people to donate with Bitcoin with fees less than donating with a credit card. That is great news for promoting Bitcoin Adaptation.
 

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July 14, 2017, 02:53:46 PM
 #1553

It will depend on the optimal balance of demand and offering
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July 14, 2017, 04:49:14 PM
 #1554

As the bitcoin spread in the whole world theres a possibility that bitcoin can be part of our money or can be involved in a High status of financial aspects in the worlds,not just in one country but the whole world that can use and take bitcoin as real money.
bitcoin is a digital currency and the scope for the users of bitcoin is very high there are a lot of opportunities in this form for all of the people. Bitcoin is the most used currency today and it is increasing more and more so! I guess the future of bitcoin is very bright 

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July 15, 2017, 02:46:25 PM
 #1555

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



I see in Bitcoin a huge future as states gradually accept it as a formal payment method that opens up a new era of virtual currency.

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July 15, 2017, 02:51:39 PM
 #1556

Digital money that will change the way transactions between countries..
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July 15, 2017, 03:06:09 PM
 #1557

Digital money that will change the way transactions between countries..

this open and inclusive conference offers developers research, industy and enthusaiasts an opportunity to meet in person and present and discuss Bitcoin's issues of today and tomorrow. Bitcoin use full to next level of the purposs.
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July 15, 2017, 03:09:22 PM
 #1558

Digital money that will change the way transactions between countries..

this open and inclusive conference offers developers research, industy and enthusaiasts an opportunity to meet in person and present and discuss Bitcoin's issues of today and tomorrow. Bitcoin use full to next level of the purposs.
The next level is to give it to the poor. 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 this inspirational blog by an unschooled, unbanked, 15 year old handicapped boy in one of the poorest countries, who wrote his Blog from an internet café.  I hope that members of this group can make Alasana`s project a reality and lead the way for Bitcoin adoption.
http://alasanacamara.blogspot.ch/

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July 15, 2017, 03:17:31 PM
 #1559

Theymos got a good question above.
Are we ready?
That means a lot.
Our bitcoin now are at stake and we really dont know what could happen.
Me who dont have a lot of ideas what a fork would do to the bitcoin value.
But still I have faith. I hope it will be successful and we all end up getting a better price. Or it could stay and I am okay with that.
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July 16, 2017, 05:32:20 AM
 #1560

Theymos got a good question above.
Are we ready?
That means a lot.
Our bitcoin now are at stake and we really dont know what could happen.
Me who dont have a lot of ideas what a fork would do to the bitcoin value.
But still I have faith. I hope it will be successful and we all end up getting a better price. Or it could stay and I am okay with that.

Others think that most people are going out of the market by dumping their bitcoins and that has caused others to panic sell. But I think it's just most people holding their coins so bitcoin has become even more volatile. It will require a lot less bitcoins to move the market down because there are lesser orders. Most people are holding their bitcoins while waiting for August 1 because most people aren't sure what will happen.

We don't want to risk anything. If we sell now, we might lose the opportunity to sell for a higher price. Maybe the August 1 scenario will make the market go up. It can also make it go down. Who knows? The future of bitcoin is so blurry this month so let's just keep on holding. It's not like we are forced to sell bitcoins.

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