Topic: Bitcoin in the future - page 32. (Read 8990 times)

I also believe that bitcoin has a brighter future and I hope it would happen in the future. In addition to that, the future.of bitcoin is still unpredictable but I believe to the great potential of bitcoin and I think it will become our world currency that you may use in all kind of transaction. Lastly, I will support bitcoin what ever will happen in the future.

I see Bitcoin and all altcoins being part of a big ecosystem along with traditional fiat. It will not totally absorb it, but national currencies will become just another token. One of the most important ones, but a token too. You'll be able to pay in whatever currency you want using lightning fast conversion to the ones accepted in the stores. You have Dogecoin? no problem you pay with them and they are automatically converted in the checkout.

There will be an evolution of exchanges.

In what particular sentence do you think I'm saying that a state without a currency? I know it's very impossible that's why I said that who knows if powerful people will support bitcoin.

We all knew about bitcoin's decentralization and as well as the government is only for centralized systems.

Well, the future of bitcoin is still unpredictable and I agree that bitcoin has.a brighter future. In addition to that, I believe to the great potential of bitcoin and I think bitcoin will become our future money. As of now bitcoin become more.popular and I think all people in the world will know what bitcoin is.

Well we are all speculating but we should be realistic, 2020 is too near for everyone in this world to understand and start using Bitcoin. I don't think this entire generation will become Bitcoin savvy but rather the new ones that will be ushered in after us might all be able to understand and use Bitcoin because they'll start using from their youthful years.

Bitcoin has become very popular so I think that in 2020 everyone will start using bitcoin

It seems to me i can't quite guess how bitcoin will be in the future, hopefully bitcoin can continues living and be used by many peoples and remaining popular. Hope the amount of bitcoin may be will be unlimited and the price continues to be above that can continues giving good hope to everyone and alleviate the burden of everyone's life in finance. May Bitcoin be the official currency recognized by the whole world of inauguration of it.

Maybe it will happen, but I am sure that there will be continuous development. Maybe bitcoin will be the basis of all altcoin. I think it will continue to use and will increasingly have a high price, because it has become limited.

 After all 21 million bitcoins are mined, there will be no new bitcoins (unless protocol changes are made to increase supply). When did it happen? I have no idea.

How do you imagine a state without a currency? It's impossible. The economy of each country is built on the national currency, which is controlled by the government. Bitcoin is a currency that can not be controlled. That's why she will never replace Fiat.

No one knows on when will be the time that bitcoin will be absorbing all the finances of the world.

Who knows if the people behind who are running this world started to focus on putting a lot of value and demand in bitcoin.

If that happens, all holders are already rich.

Dive me join together bitcoin all safe saman just from the first, if bitcoinlagi price down it bunches bitcoin will skyrocket high price. I think bitcoin is the future for the humans who are in today's world. At the time, I thought bitcoin would have a marketcap in trillion dollars.

I hope so bitcoin becomes the most sought-after coin. With a price that is always stable of course makes investors calm and bitcoin into a secure means of payment

That is one of the questions about Bitcoin that we can never tell. Bitcoin is not yet recognized, legalized and adapted by some countries worldwide. Aside from that, it is decentralized. There are no organizations that will manage it. And lastly, there will only be 21M of Bitcoin that can be mined. It will not be enough for the worldwide financial system

No one knows for sure (with any degree of certainty). Having said that, most agree the future is bright. That statement does have a few caveats. The following is my prediction:

Bitcoin itself as a protocol will evolve. Many people forget the simple fact that it is a protocol first and the money part just happens to be the first app written over it. Think of it like the Netscape browser written for (predominantly) HTTP. It was good at its time, but then other browsers took the mantle and Netscape was dethroned. The same analogy could apply to bitcoins (the money). It could be dethroned and for all we know Dogecoin or  Litecoin could prevail.
The Buying process of Bitcoins will have to be made much more simpler than it is at present. All indications point that the process will get more streamlined, so buying bitcoins will be an easy task.
In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will mushroom.
Acceptance. Until and unless Buyers keep pressing / asking Merchant to accept Bitcoins, merchants will be oblivious to the demand. If you walk into a store and ask if they accept Bitcoins and they answer No, this is the expected answer. Repeat this scenario with 10 other Buyers asking the same and the Merchant will think differently. They just might start looking at Bitcoin acceptance.
Much of the developed world where payment systems that enable instantaneous person-to-person payment are not available, would love to adopt Bitcoin. The barriers are the regulators and the almost near vacuum of local Bitcoin exchanges. Look at India - no exchange in India. Same can be said of Pakistan, Bangladesh, GCC, Indonesia, Philippines, Thailand (though there are a few players in Thailand who are selling Bitcoins), North Africa, etc. There is a very large population that simply does not have access to buying bitcoins. Since they cannot buy it - they cannot trade with it. This will be changing in the coming months/years.
Volatility will minimize. I won't say it will disappear, the public at large is too sensitive to everything the media spews out relating to Bitcoins.
Arbitrage will almost be negligible.
You will see the movement pickup speed with a few authoritative anchor users accepting Bitcoins. (See  this excellent article by our resident Payments Maestro Brian Roemmele - Starbucks To Accept Bitcoin In 2014. by Brian Roemmele on Accepting Payments).
As more and more larger corporations start offering Bitcoin as a payment alternative, many companies waiting in the shadows will jump onto the bandwagon. This chain-reaction trigger is very important for Bitcoin to survive. Many are waiting for the trigger.
I don't think the price for the next 2-3 years will break $5,000 (the expectation of it going to $25,000 to $500,00 - will be bad for Bitcoins in my opinion, too many speculative money will enter the ecosystem, which will cause regulators to clamp down hard on Bitcoin). My personal estimation is that it will hover between $1,000 to $2,500 (for the next 24 months at least).
Acceptance of Bitcoin as an alt. currency in developing countries would be very important (as opposed to outright banning it). I however, have my reservations on this. The regulators in the developing have a very myopic vision when it comes to alternative currencies. Such obtuse undertaking will kill Bitcoin (in a legal manner) in the developing world.
The market capitalization indicates in some manner that the currency is now too big to collapse (not that it cannot happen), by a measure of its own self, it will most likely survive.
Bitcoin will be featured regularly in the Remittance World (a sure sign of its success would be the World Bank reporting remittance figures on the Bitcoin platform) - How this will be done, is debatable and questionable, but I'm leaning in as a proponent.
Snap Payments with Bitcoins for Websites, Freelancers, etc. would be enabled. This means, very quickly accepting $25 in Bitcoins, which are in turn converted to Euros and available in your pre-paid Debit Card (all by inserting some simple code on your website to accept the payment). Think BitPay or Coinbase on steroids, globally.
Currency Brokers will be trading and dealing with Bitcoins more regularly.
Bitcoin exchanges in the West (perhaps US, or UK) will prosper and take over in volume (provided international clients are allowed to hop in and trade).
Incorporation of Bitcoin payments within Social Media would be the norm. You would definitely see native or plug-in based activity around Bitcoin. Think Twitter, Pinterest, Facebook, LinkedIn, etc.
Apps not related to money, but related to the open-ledger system of the Bitcoin protocol will start emerging. I'm absolutely lost when it comes to giving such examples, but I am sure, someone out there is thinking of a kick-ass way of using the Bitcoin protocol and building a non-payment app on top of it.
Currencies based on the Bitcoin protocol or modified protocol, will start seeing a market themselves for specific purposes. It could very well be that Litecoin might dominate the Remittance market, or changing Linden Dollars to Litecoin. Or Mastercoin is used on boards like Warrior Forum or Digital Point (the Affiliate Marketing Ecosystem) or Peercoin is what is most accepted and traded in South Asia or South America. Such patterns and/or segmentation may very well emerge.

I agree with you
Anything can happen, it's just that we will not know when Does not rule out bitcoin can absorb the world's finances But for now still not all know how to work bitcoin.

Maybe 2-3 years in the future we will see more bitcoin development It,Maybe absorb the world's finances 

Although bitcoin is limited, but bitcoin is still developed. Will appear other coins if bitcoin is no longer victorious. But I'm sure, people will keep looking for bitcoin. Well, because of its limitations, bitcoin will always be in search by people.

Now this is a great prediction. Possibilities are high in growth in value, strength and power, acceptance in govenment is freely done with taxes ofcourse and the usage is precise.
I think it would not be impossible to predict such possibilities for bitcoin. Even now, prices are tremendously high.

I believe thats not possible really. You speaking about taking down all the economy system of world. There is lot more money than the available bitcoins which is 21 million bitcoins. I think if we calculate whole economy of the world then thats twice than that. So bitcoin are jot sufficient on the earth. That would take another slpt of bitcoin to cover the world economy. Also dont forget that fiat money is continuously made everyday as per the need  and bitcoin is not, its limited and cant be produced more.

Yes it is, but the thing is we cannot predict today that merchants will embrace tradings exchange with this crypto currency wherein instability of its value and bitcoin is volatile, it will change its value in extreme way, and satisfaction of many businessman will may not be reached.