Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
Here is how I see the timeline:
2020: This decade will be the consolidation of crypto, and bitcoin will be on the lead because no altcoin will be able to clearly defeat it for what it has to offer. Every competing altcoin will continue to be seen as a gimmick/ripoff with no support
2025: Lightning Network is now fully operative and competing against all fiat payment system.
2027: The price is now 6 figures, the release of new coins is very low.
2030: Onchain transactions are now expensive, only used for 100+ USD dollars or more. Onchain BTC is digital gold. Thanks to the conservative blocksize, corporations can't control the network. Everyday non important transactions are processed on the LN. Trillions of transactions per second are happening. Banks are struggling to justify their existance.
2030+: BTC is the world currency, banks fully support it and act as a way for newbies that cannot take care of their own bitcoins, they do it for them. People that want to be sovereign still control their BTC.
1 BTC is worth 1+ million a coin. Chinese mining no longer leader. Intel and AMD and nVidia now competing to be the top miners.
GREAT COMMENTS, I agree 100% however, we just saw BITCOIN-GOLD come&go, U know GPU mining of BITCOIN (NIVIDIA/AMD)
Do U think NVIDIA will sell SHA256 miners? Hell SHA256 only has a few more years, we'll need to go SHA-3 (512) sooner as NSA will be be breaking SHA-256 in 5 years.
Perhaps the Chinese will lose control, but their lead is so strong, and nobody seems to be trying to kick out BITMAIN as ASIC leader,
U say BITCOIN will remain, but still SHA? Then still ASIC, I infer from first reading that algo will go GPU friendly, but then why did the recent JACK-LIAO ( CHINA-ASIC) "BITCOIN GOLD/GPU" why the epic failure?
No serious investment in team, or software, just a big joke, a scam. When are we going to see a serious team step forward and offer a BITCOIN that is NVIDIA friendly? U say its going that direction, but HOW?
U think the CRYPTO guts will get pulled out of the existing BITCOIN in coming years? HOW the community get even agree on block-chain size, how in the hell can they agree on mining algo, or hash algo?
When LBO ( large bitcoin collider ) starts busting peoples accounts, say 5 years, how long will "CORE" set on their thumbs before they upgrade the crypto to SHA-3?
What have retards be DEV's?? No credibility that ASIC MINING wanted a REAL GPU miner for BITCOIN.
