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Topic: Bitcoin in the future - page 29. (Read 8992 times)

full member
Activity: 560
Merit: 121
August 23, 2017, 04:15:21 PM
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

I think all bitcoin lover and dependent will never wish it to crash down. Everyone hopes and anticipate for bitcoin to soar on high. I believe it will. 
legendary
Activity: 1274
Merit: 1004
August 23, 2017, 02:27:38 PM
I think that scale is currently impossible. of course, Bitcoin is famous but that does not mean that every human being is using it instead of any other options. that kind of thing never happens ever in the world like if someone invented Pepsi then someone will gonna launch some other soft drink soon. only one kind of currency or commodity can not rule the whole world. everyone has rights to choose their currency's with their needs and their situations.
sr. member
Activity: 448
Merit: 251
August 23, 2017, 02:12:11 PM
Im in HODL mode, im waiting waiting the price to $100k or more  Roll Eyes so i will become a millionaire,and i will retire early!
 
Yes thats good. Bitcoij in the future will be more bigger than now. So holding bitcoin is quite good decision for all if us. If we dont have anything to spend off then we should hold it make it an investment for the future so that we can be rich few more yrs to come. So lets hold our coins and trust bitcoinm
Holding bitcoin is good but dont you think that holding altcoins will give you a higher profit? Since the price of bitcoin is very high, it can not increase rapidly upto 2 or 3 times in less than a week. Altcoins can do that. You can see that there are many coins double its price after a few hours. And they do have everything that bitcoin has, even more.
hero member
Activity: 966
Merit: 507
August 23, 2017, 02:05:45 PM
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

Highly unlikely, however there is a very slight chance. As mentioned by ObscurePen, governments will not be willing to switch over bitcoin as they would loose a majority of their control over their citizen's finances. Bitcoin will probably be a side currency next to fiat, unless governments drastically change their mindset about bitcoin.
However, even though Bitcoin is highly volatile, it is still a sure investment opportunity and the price will drastically increase in the future, just like it has in the past few months.

Governments tend to maintain the status quo, so it is natural that in principle they oppose any radical change that goes against their interests. But no matter how much opposition they present to the inevitable advance of technology, they will be forced sooner or later to accept what citizenship in practice is already accepting and incorporating into their daily lives.

It will still take several years, perhaps a decade, but bitcoin is destined to be what the dollar once was for thee world economy.
copper member
Activity: 1050
Merit: 500
August 23, 2017, 01:26:25 PM
Bitcoin is very unpredictable, we cannot say when it will absorb all the finance system of the planet, and I believe that Bitcoin does not have a capacity to do that.  Government will always be repulsive when it comes to Bitcoin usage as currency of their country.  The reason for that is, government always wants to be in control and with bitcoin, they will be having a hard time controlling their finance system.
hero member
Activity: 966
Merit: 501
August 23, 2017, 01:16:25 PM
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.

We hope that your predictions would be true in future. I am agree with you that one day banks will be supporting the bitcoins, it will be considered as digital gold among the common peoples.
hero member
Activity: 910
Merit: 500
August 23, 2017, 01:10:03 PM
Im in HODL mode, im waiting waiting the price to $100k or more  Roll Eyes so i will become a millionaire,and i will retire early!
 
Yes thats good. Bitcoij in the future will be more bigger than now. So holding bitcoin is quite good decision for all if us. If we dont have anything to spend off then we should hold it make it an investment for the future so that we can be rich few more yrs to come. So lets hold our coins and trust bitcoinm
sr. member
Activity: 431
Merit: 251
August 23, 2017, 01:02:24 PM
Im in HODL mode, im waiting waiting the price to $100k or more  Roll Eyes so i will become a millionaire,and i will retire early!
 
sr. member
Activity: 423
Merit: 250
August 23, 2017, 12:57:44 PM
No one can predict that but we can be sure that atleast blockchain technology will be used by almost all banks around the world within next 10 years. And by that time, I think bitcoin will have marketcap in trillion dollar.
It is true that it is hard to predict thing specifically on Bitcoin because it could have or acquire development in any form of means. So if more people will support Bitcoin as choosing it as a form of crypto-currency that is suitable for a daily transaction a food future is going to happen to Bitcoin in terms on its price, value, transaction and security. So the best thing to do is to continue our support to Bitcoin for it to have development and progress to its system.
member
Activity: 195
Merit: 10
August 23, 2017, 12:46:34 PM
basically, people prefer to keep or save the conventional tool like paper money or gold. but time has been changed. cryptocurrency has been popular on a large scale in recent time and Bitcoin is playing an important role in the crypto currency. so it can be assumed that Bitcoin will be a vital factor in the in the virtual monetary system.
hero member
Activity: 826
Merit: 529
August 23, 2017, 11:43:37 AM
following my observation Bitcoin will be a global currency in the future. it is playing the vital role in the virtual monetary system.
in recent times, Bitcoin has gained huge price value which made an impact on the world, for this reason, a lot of people have got financially benefitted through Bitcoin saving and investment. hopefully, in the future, this increasing rate will continue and shine its light over the monetary world.
sr. member
Activity: 714
Merit: 250
August 23, 2017, 11:04:24 AM
No one knows i think, bitcoin is unpredictable but one thing i know that bitcoin has a brighter future.
Actually, the future of bitcoin is still unpredictable and no one knows what will happen to the bitcoin in the future. In addition to that, I guess bitcoin has a good future and it will good enough in the future. I believe that bitcoin will survive and it will consider as a real money in the future.
sr. member
Activity: 420
Merit: 266
August 23, 2017, 10:55:04 AM
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC


I do not think that this can happen at all. Bitcoin will never be able to replace gold for example. But bitcoin is very unpredictable and therefore it is impossible to make a prediction.
full member
Activity: 322
Merit: 134
August 23, 2017, 05:07:48 AM
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

Highly unlikely, however there is a very slight chance. As mentioned by ObscurePen, governments will not be willing to switch over bitcoin as they would loose a majority of their control over their citizen's finances. Bitcoin will probably be a side currency next to fiat, unless governments drastically change their mindset about bitcoin.
However, even though Bitcoin is highly volatile, it is still a sure investment opportunity and the price will drastically increase in the future, just like it has in the past few months.
sr. member
Activity: 386
Merit: 266
August 23, 2017, 03:47:27 AM
Not very likely to happen. Governments are not going to switch over to Bitcoin so easily. Fiat will still exist for a long period of time. I personally don’t see a world with only Bitcoin. I see a world where Bitcoin is accepted more than it is now and lives side by side with fiat. Bitcoin and fiat are really opposites that complement each other. We need fiat for price stability. Bitcoin prices are truly volatile and cannot be trusted, for now at least. But at the same time, it is good to have a decentralised currency that utilises Blockchain technology as a second method of payment. This basically ensures that much of the finances we own are our own and not placed in the bank’s larger fiat reserves.
sr. member
Activity: 315
Merit: 250
August 23, 2017, 02:43:14 AM
We do not know when it can happen in the next few years of the next few decades we do not know, but bitcoin Will always go up and keep growing every year.
full member
Activity: 334
Merit: 102
August 23, 2017, 01:16:51 AM
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

    It is not impossible for bitcoin to reach its highest peak of 1 million = 1 btc.

    With its current state, bitcoin is the most popular cryptocurrency in the world. It dominates other cryptocurrencies. In the future it can be used worldwide and legal to all countries, as only currency used.
newbie
Activity: 1
Merit: 0
August 23, 2017, 01:15:09 AM
The future of Bitcoin and crypto as a whole looks bright.

hero member
Activity: 3220
Merit: 636
DGbet.fun - Crypto Sportsbook
August 23, 2017, 01:14:23 AM
The next few years I'm sure bitcoin will be very valuable. But I'm not sure that bitcoin will replace the world's financial system.
Bitcoin can not be predicted.

For the past years bitcoin has been valuable already. Bitcoin is impossible to replace the world's financial system.

What I'm thinking is the technology behind bitcoin which is blockchain technology, this will be adopted by the government for the financial system.

And I've got a nerve that it will happen.
full member
Activity: 276
Merit: 100
August 23, 2017, 01:12:15 AM
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

     Bitcoin's current status is a big ingredient for the recipe of its own good future. This year, bitcoin is rising through popularity and price. We can predict that it can dominate all crypt I currencies even real money. As its status is stable its price for the future may cost millions.
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