Andreas Antonopoulos said Give Bitcoin Two Years

[Itsumo]

What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.

Do you know how few people still know about it?

Here in europe for instance it's not that known.

Not just in Europe.
In Asia, Australia still not that big.

[Daniel91]

What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.

Do you know how few people still know about it?

Here in europe for instance it's not that known.

I think that success or failure of bitcoin depends not on average, small users but on ''big'' merchants.
If big online companies accept bitcoin as payment tool, and through this process bitcoin become mainstream, many other people will naturally follow and start using it.
Why not?
But, right now, average user don't have many opportunities to spend bitcoin and its value is very unstable.

[redsn0w]

He is waiting surely the next block reward halving,  the price and the adoption will rise .....

[Kprawn]

What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.

Do you know how few people still know about it?

Here in europe for instance it's not that known.

I think that success or failure of bitcoin depends not on average, small users but on ''big'' merchants.
If big online companies accept bitcoin as payment tool, and through this process bitcoin become mainstream, many other people will naturally follow and start using it.
Why not?
But, right now, average user don't have many opportunities to spend bitcoin and its value is very unstable.

Yes and No ---- Big companies bring possible NEW adopters, but it's counter productive to the success of that, when these companies convert directly back to fiat.

It just dumps loads of BTC back onto exchanges and that force a situation where the supply is more than the demand, and then the price of BTC goes down.

[LFC_Bitcoin]

I'm happy if we make it past April.

That doesn't sound like great optimism coming from a Legendary member.

There are a lot of butt hurt legendary members who bought hundreds maybe thousands of BTC very early but sold far too early missing the chance to become multi, multi millionaires.

They probably want to see BTC fail because it reminds them of the life they should be living now instead of the miserable one they are.

[Mewtwo]

He is waiting surely the next block reward halving,  the price and the adoption will rise .....

I almost forgot about the blockhalving.

[Yeah?]

I'm happy if we make it past April.

That doesn't sound like great optimism coming from a Legendary member.

There are a lot of butt hurt legendary members who bought hundreds maybe thousands of BTC very early but sold far too early missing the chance to become multi, multi millionaires.

And some may have sold their accounts to make a little of that money back.

He is waiting surely the next block reward halving,  the price and the adoption will rise .....

I almost forgot about the blockhalving.

It's not guaranteed to rise but hopefully should because of supply and demand but maybe the demand will not be that great by then. We can only wait and see.

[redsn0w]

I'm happy if we make it past April.

That doesn't sound like great optimism coming from a Legendary member.

There are a lot of butt hurt legendary members who bought hundreds maybe thousands of BTC very early but sold far too early missing the chance to become multi, multi millionaires.

And some may have sold their accounts to make a little of that money back.

He is waiting surely the next block reward halving,  the price and the adoption will rise .....

I almost forgot about the blockhalving.

It's not guaranteed to rise but hopefully should because of supply and demand but maybe the demand will not be that great by then. We can only wait and see.

Yes I know, but if the adoption will rise also the price will rise (or at least that's how should it work). However you are right, we have only to wait and see what will happen.

[CoinCidental]

What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.

Do you know how few people still know about it?

Here in europe for instance it's not that known.

Not just in Europe.
In Asia, Australia still not that big.

i tried using it in thailand just for kicks at some of the largest dept stores and they had no fucking clue what it is,most of them didnt even want a visa card becaused of the 3% charge they would rather just have the cash  ,i expect other countries in SE ASIA are all the same

[mmortal03]

he is just another "shark" part of a gang.nothing more. don't be a dreamer. everybody wants only the money. nobody gives a shit on ecosystem ass.

On the contrary, there are those who honestly would love to have the life security of the money so that they could just focus on developing out the technology, versus working a job that they hate.

[Itsumo]

Would you agree or not?

Bitcoin Only Needs Two Years


Hmmmm... I respect the guy yeah.. But I do not know where his information came from.
2 years might be a little bold.. Maybe give it 3-5 years. I am still having doubt about that.

What do you think?

How big is the words of Andreas really?

[TheGame]

What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.

Do you know how few people still know about it?

Here in europe for instance it's not that known.

Not just in Europe.
In Asia, Australia still not that big.

i tried using it in thailand just for kicks at some of the largest dept stores and they had no fucking clue what it is,most of them didnt even want a visa card becaused of the 3% charge they would rather just have the cash  ,i expect other countries in SE ASIA are all the same

You tried using bitcoin at the department stores? I think most stores wont accept bitcoin at the moment though this could change over time but I think it'll take longer than 2 years for that, though I think btc will have grown considerably in that period.

[Itsumo]

I gave up on BTC 2 minutes ago every 30 seconds or so....
& again, & again, & again,

Good..Now do that in a span of two years.

[hilariousandco]

Hmm... but in two more years will he be saying another two more years? I would like to think he's right but I've got a feeling bitcoin is going to have a very slow growth, but one I'm willing to wait for.

Andreas' themetune: https://www.youtube.com/watch?v=hyjV9hDNRvQ

There's only two more years, so hold hodl on.

[mmortal03]

What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.

Do you know how few people still know about it?

Here in europe for instance it's not that known.

Not just in Europe.
In Asia, Australia still not that big.

Even in the U.S. I'm surprised by how many people don't know anything about it. I was actually just at a programming camp, a place you'd think would have a bunch of bitcoin enthusiasts. Well, a friend of mine gave an intro talk on Bitcoin, and we had a full classroom of people, with many of them who really didn't know much, if anything, about it coming in.

[Q7]

What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.

Do you know how few people still know about it?

Here in europe for instance it's not that known.

Adoption rate was much lower during the early years and I expect things to pick up further. Something like an exponential graph rather than a linear straight line of growth.

[yatsey87]

Personally I'd say give bitcoin five more years, but I don't think a lot of people will want to hear that or even wait that long. I think the price will have risen considerably within 2 years and the block halving should make coins scarcer but it's still going to take a while for big merchants and the general public to get involved.

[AtheistAKASaneBrain]

Personally I'd say give bitcoin give more years, but I don't think a lot of people will want to hear that or even wait that long. I think the price will have risen considerably within 2 years and the block halving should make coins scarcer but it's still going to take a while for big merchants and the general public to get involved.

Coins being scarcer means nothing without demand.
Let's just hope in 2 years there is a breakthrough in adoption.

[nextblast]

I'll give it 5-10 years or even more. Bitcoin has built a new paradigm for trading and even for living.
So many things in science fictions have come into being. God knows what role bitcoin will play in future human life.

[arbitrage001]

Would you agree or not?

Bitcoin Only Needs Two Years


Hmmmm... I respect the guy yeah.. But I do not know where his information came from.
2 years might be a little bold.. Maybe give it 3-5 years. I am still having doubt about that.

What do you think?

I don't think bitcoin will survive another two years.