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Topic: Bitcoin in the future - page 36. (Read 8987 times)

full member
Activity: 392
Merit: 100
August 03, 2017, 02:32:06 PM
#31
In my opinion bitcoin will continue to grow and will be a tool especially in online exchange, now has a lot of online trading that receive bitcoin as payment
hero member
Activity: 868
Merit: 506
August 03, 2017, 01:46:37 PM
#30
Bitcoin still has a brighter future so we still can't predict when it will absorb all the finances in the planets system or so you say, give it 20 years and we'll see how far this goes.
sr. member
Activity: 763
Merit: 252
August 03, 2017, 01:44:23 PM
#29
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

no one knows which year bitcoin can will completely absorb but it sure in the time has come bitcoin became most popular in the planet  50 to 60 percent human in the planet use bitcoin...
newbie
Activity: 28
Merit: 0
August 03, 2017, 12:36:16 PM
#28
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

It has a chance of completely absorbing all the finances in the world, the only problem is, it is pretty unstable or so volatile, do you think people will accept them if they are like that?

Also if merchants will be accepting these digital currency, will they ensure the their selves their profits? No, because as I said, it is really volatile.

Volatility is high at the moment, because trading volume is relatively very small.
It will decrease when volume picks up, but that can take 2-3 years at the current progression.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
August 03, 2017, 12:24:16 PM
#27
Too early to say to be honest. I think we're in a stage whereas we can reach semi or total global adoption in the next decade (hopefully before 2025?). The scaling issues just need to be addressed and updated as soon as possible. Also, another issue is that you somewhat need to be slightly tech-savvy to know how to use bitcoin. Currently the older crowd (grandparents) probably wouldn't understand bitcoin and how to use it. I think we need more 100% newbie-friendly wallets. I know we have Coinbase, but I personally wouldn't be comfortable in using a wallet whereas I don't have access to the private keys.

Also, who's to say bitcoin will be the cryptocurrency king in the future? Who knows? It might be that shitty crypto that we've been ignoring.

Who knows? it might be ChainCoin? *rolls eyes*
sr. member
Activity: 868
Merit: 257
August 03, 2017, 11:56:22 AM
#26
No one knows i think, bitcoin is unpredictable but one thing i know that bitcoin has a brighter future.
Well, I agree to that bitcoin has a brighter future and no one can predict what will happen to the bitcoin in the future. In addition to that, I still believing on the potential of bitcoin to become best world currencies and I think there is a possibility that bitcoin will be our future money that you may use even in offline store.
legendary
Activity: 1918
Merit: 1728
August 03, 2017, 11:52:42 AM
#25
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
lol ehm never maybe? BTC is not good enought finance for that. It good for some stuff, but for being number one currency in the world? nah i don't think so. Some other stuff yes, but not for that

Sure, current form of Bitcoin isn't viable enough to become world's leading currency. There are several factors which restricts it growth namely scaling, money laundering, etc. I was reading one of the recent article from Bitcoin News website and found that Indian government has opposite behavior for Bitcoin due to above mentioned factors! 
There is much to go for Bitcoin Cheesy
full member
Activity: 252
Merit: 100
August 03, 2017, 11:31:06 AM
#24
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC

 lol ehm never maybe? BTC is not good enought finance for that. It good for some stuff, but for being number one currency in the world? nah i don't think so. Some other stuff yes, but not for that
hero member
Activity: 994
Merit: 502
August 03, 2017, 11:26:07 AM
#23
Absorbing the entire financial system or every financial services functioning based on the bitcoin never takes place. This is something unique and a marvel in the technology based development. So a start at present has made the future of bitcoin to be flourishing and profitable for users who trust in it and invest.
legendary
Activity: 1848
Merit: 1000
August 03, 2017, 11:24:22 AM
#22
2036, I am sure John Titor said something about currency being digital or something like this.
legendary
Activity: 1596
Merit: 1011
August 03, 2017, 11:22:53 AM
#21
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
Now bitcoin is starting to grow and more and more people have been actively using bitcoin. Indeed not everyone can use bitcoin because of the limitations of the Internet network infrastructure. I predict about the next 10 years I believe that bitcoin can be used widely in this world, with the creation of more sophisticated tools we can use bitcoin much easier and faster than it is today.
sr. member
Activity: 728
Merit: 254
August 03, 2017, 11:19:28 AM
#20
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
For my opinion, I don't think bitcoin will already be able to absorb all the finances as of the present. Many people are not yet aware on how bitcoin works and how it helps people in terms of finance. Many countries have legalized it already but not yet all. There will still be a lot of innovations that will be made before bitcoin conquer the world's finance. But I have faith with the future of bitcoin and I know it will be successful and more popular due to its high value and is easy to access in every part of the world.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
August 03, 2017, 11:17:03 AM
#19
i think now is the time to buy bitcoin as a saving because i think bitcoin is strongly standing in currency after the issue of august 1 and bitcoin great invesment for the future maybe bitcoin in the next coming year is in a very high value in decentralized currency.
full member
Activity: 418
Merit: 106
August 03, 2017, 11:09:03 AM
#18
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
I think it will still take a long year before bitcoin absorb everything. Just by looking at current situation of bitcoin that it's not yet legalize through all the countries in the world makes it more hard to believe that it's era is very near. There are still alot of innovations to be made so that bitcoin will be able to handle the drastic number of people who are using and depending on it. Aside from legalization, the sudden showing of new altcoins will also affect bitcoin in conquering the world.
sr. member
Activity: 798
Merit: 251
Small Trader
August 03, 2017, 10:51:22 AM
#17
I do not think so, because above the sky there is still the sky. I think in the next few years there will be Cryptocurrency besides Bitcoin which will occupy the seat of throne, in the currency digital currency above Bitcoin. All this / it can happen all of a sudden. So, prepare yourself.
full member
Activity: 546
Merit: 105
August 03, 2017, 10:41:03 AM
#16
I think everything will happen pretty sudden and fast.
Bitcoin will become world currency as soon as it will become easily convertible from fiat.
member
Activity: 93
Merit: 10
August 03, 2017, 10:37:11 AM
#15
Do you think friends, in which year Bitcoin will completely absorb all the finances of the planet's system?BTC
Well that is very likely to happen. The only thing that I know of now is the bitcoin is growing, it can go up a new level in the future. Maybe it will change the world economy.
hero member
Activity: 826
Merit: 529
August 03, 2017, 10:35:11 AM
#14
recently I have analyzed about the future of Bitcoin by collecting recent years database of the rate of ups and downs. at the end, I came to a point that, Bitcoin will provide more price in very soon. already it has grown again. so it is said that Bitcoin will last a long time and we will be getting more benefited by this platform.
hero member
Activity: 672
Merit: 500
August 03, 2017, 10:16:06 AM
#13
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.

This is an amazing prediction, and I hope it will come true. And does this mean Bitcoin will take over the world economy?
full member
Activity: 414
Merit: 107
August 03, 2017, 10:14:15 AM
#12
At first, I would like to say that I have a strong belief in Bitcoin Because of its raising value. If you observe the rate of increasing this value then definitely you become a fan of it. I really fond of connecting with Bitcoin. I already have gained from here a lot that's why I also believe that Bitcoin system will be carried out for the long time. And it will dominate on the monetary system one-day.
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