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Topic: Bitcoin Vs Future? - page 9. (Read 1701 times)

legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 21, 2021, 01:35:05 AM
#44
Day by day many people will show their interest on crypto currency because banks and government are adopting bitcoin. Many countries are using bitcoin as their legal currency. Bitcoin has different uses also.
Please elaborate on these. Which countries have accepted bitcoin as legal currency? It is "legalized" or "grey-area" in many countries that allow it to be used but not made legal. Because if what you said was true the bullish trend would have been huge but it is not the case here.

Governments have not adopted bitcoin - this has been a question for several years now if they would ever adopt bitcoin and allow its free use. Would like to hear your explanation of the same for making this statement.

we can see this condition until mid-2021 whether bitcoin can stay at the highest position or only temporarily. bitcoin's target price is $ 50k and now it is at $ 46 which is amazing as bitcoin is close to that price
Currently it is trading at 56K USD so I dont think 60K USD will be too far away. If not we might see a drop but question is how well are the support levels. Even then for future thoughts, things will remain a pump and dump unless we see mainstream institutions actually force the governments to accept crypto.
full member
Activity: 1708
Merit: 105
February 15, 2021, 04:54:59 AM
#43
Day by day many people will show their interest on crypto currency because banks and government are adopting bitcoin. Many countries are using bitcoin as their legal currency. Bitcoin has different uses also.
If what you say about more and more people who are interested in cryptocurrencies, of course we cannot deny that it is true until now, especially since prices are soaring high, of course more people are excited to have.

but if a country adopts bitcoin as an official currency, obviously I am not very familiar with any country. because if you admit it as a trade, maybe many countries have implemented it. but still to make local purchases, still use the existing fiat money.

But if there are countries that have done it, of course they understand and there are regulations that regulate it, because it is not easy because bitcoin has nothing to regulate and cannot be regulated. certainly a progress in itself.

So far, my country does not recognize bitcoin as a legal exchange for all domestic transactions, I can only trade and exchange it for fiat if me want something.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
February 14, 2021, 05:31:52 PM
#42
Bitcoin have run long ever since its creation and along those years of its existence, we have seen lots of challenges it have surpassed as well as the ups and downs that it have gone through and how it have improved on the past few years. Bitcoin is undoubtedly a fast growing cryptocurrency on which at first many people are against on its usage and existence and strongly doubt that it can last long and will just crash as time goes by. But look at it on the current situation, Bitcoin have showcase a great and wonderful improvements and have given lots of opportunities to mankind that makes people believe on it being able to reach this point that we are seeing right now. We all do surely hope that the future of Bitcoin will be bright as it is right now and lots of improvement will make happen and that it can last longer as time goes by.
hero member
Activity: 2576
Merit: 684
God, save BTC!
February 14, 2021, 01:34:33 PM
#41
Day by day many people will show their interest on crypto currency because banks and government are adopting bitcoin. Many countries are using bitcoin as their legal currency. Bitcoin has different uses also.

About the legal currency I would not say... But lately a lot of people are really interested in bitcoin! Probably because it grows... Cheesy After all, at 4k no one needed it...  Wink
member
Activity: 342
Merit: 24
February 14, 2021, 01:00:27 PM
#40
We wait for this cycle to reach a price that is statistically similar to previous cycles. Can it end now at 50k? Maybe, and it could have, but Tesla decided to boost Bitcoin and probably this cycle will go on for a few more months. It wasn't looking likely to drop too much. It will though and another bear will start, but not right now.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 14, 2021, 12:44:45 PM
#39
i have been in the cryptocurrency field since 2014 and i have seen the brightest and darkest days of BTC but when i look at the current rising conditions of the bitcoin market i see that we have come a long way and most of the world is accepting the cryptocurrency payments and some lager brands are also connected to the BTC world.

but sometimes a thought crosses my mind that will these conditions last longer and better in the future?

what do you guys have to say about it?

let us know  Smiley
I really think that bitcoin has become unstoppable at this point, the fact that finally some institutional investors have decided to come to this market means that if in the future politicians want to take action against bitcoin for some reason or another that we are going to have some of the most powerful people in the world advocating for bitcoin, which is something that we never had, which means that at worst we are going to get regulations and not bans.

And that is all what we need, as long as bitcoin remains legal in the most powerful countries around the world then it doesn't matter what kind of regulation they try to put to it because a dedicated user can always bypass them if he wants.
sr. member
Activity: 1820
Merit: 436
February 14, 2021, 12:26:48 PM
#38
i have been in the cryptocurrency field since 2014 and i have seen the brightest and darkest days of BTC but when i look at the current rising conditions of the bitcoin market i see that we have come a long way and most of the world is accepting the cryptocurrency payments and some lager brands are also connected to the BTC world.

but sometimes a thought crosses my mind that will these conditions last longer and better in the future?

what do you guys have to say about it?

let us know  Smiley

In my opinion, it is going to last longer all of the companies and potential bitcoin will be the future, but still, we don't know what could happen in the future something everything could be gone even bitcoin.

But for now, if everything just continues on what it is there is a high chance that larger companies are going to be interested as well in bitcoin and adapt to bitcoin.

It just riskier to hold bitcoin because we don't know what could happen and we know the volatility of bitcoin with just one bad news or article it could easily bring the price down.
legendary
Activity: 2716
Merit: 1855
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February 14, 2021, 11:48:27 AM
#37
The future will remain a secret and no one can know about it. But seeing current developments that are increasingly sophisticated and transactions can be easily carried out, of course Bitcoin will become increasingly recognized and adopted by several other large companies.
the development of the world of technology is the trigger for the increasing use of bitcoin. Currently bitcoin is at its peak, there will be a time to go down but not be forgotten. Bitcoin will continue to survive, there will be more and more enthusiasts.
sr. member
Activity: 2100
Merit: 309
February 14, 2021, 11:42:57 AM
#36
In my country, Venezuela, very few businesses accept cryptocurrencies as a means of payment because it is just being introduced in the main cities of the country thanks to a company that works as a payment gateway called Cryptobuyer. https://twitter.com/cryptobuyer/

The cryptocurrencies most used by customers are Dash, BUSD, XRP for having the cheapest fees.
The future of bitcoin and cryptocurrencies I see promising in my country and anywhere in the world.

The success of bitcoin and cryptocurrencies is decentralization, so much has been the influence that traditional markets realized that we have preferred the crypto space that are making substantial changes in their institutions as we have seen in banking and governments.
I don't really afraid with my country not accepted bitcoin as payment currency just worry when bitcoin and altcoin banned in my country as investing and trading assets, just hope my government keep giving access to exchange bitcoin account and hope our local exchange always have allowed withdraw to bank without any problem by government.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
February 13, 2021, 05:31:41 PM
#35
The more people, countries, and prominent entities and figure accept bitcoin in one way or another only in that way could we secure bitcoin's future disposition in the society, since it heavily relies on people's opinion about it, so far we're seeing great promise since more and more people, countries especially those who have ditched their currency like Venezuela are starting to use bitcoin as a mode of payment and mode of income too.
There's been a lot of speculation about Bitcoin. It's been a crazy rollercoaster ride. But what exactly is the future of Bitcoin?

Bitcoin frees us from the power of banks to hold or freeze our accounts for whatever reason. Bitcoin allows us control over our finances, the way it should be. Bitcoin is the perfect fit for this digital age where technology is the new norm. If you need money, you can simply access it through your phone.

Bitcoin provides opportunity and financial inclusion for unbanked people. Bitcoin is already making a huge impact in the world. Schools in Africa are even being built with the help of crypto. Crypto is everywhere now

Now that's just one of the many opportunities that Bitcoin can bring. Just imagine a future where bitcoin is universally accepted. although bitcoin is just another “pump and dump” scheme. Maybe bitcoin will down after 1-2year then it will pump again it will break all past records.


Well put, The possibilities are indeed limitless when it comes to bitcoin. However, we have to understand that as of the moment, it is mostly used to make an earning out of, so it could really be possible that bitcoin might remain as such, at least to the society's eyes.
member
Activity: 1358
Merit: 81
February 13, 2021, 03:32:42 PM
#34
In my country, Venezuela, very few businesses accept cryptocurrencies as a means of payment because it is just being introduced in the main cities of the country thanks to a company that works as a payment gateway called Cryptobuyer. https://twitter.com/cryptobuyer/

The cryptocurrencies most used by customers are Dash, BUSD, XRP for having the cheapest fees.
The future of bitcoin and cryptocurrencies I see promising in my country and anywhere in the world.

The success of bitcoin and cryptocurrencies is decentralization, so much has been the influence that traditional markets realized that we have preferred the crypto space that are making substantial changes in their institutions as we have seen in banking and governments.
jr. member
Activity: 40
Merit: 2
February 13, 2021, 02:35:02 PM
#33
There's been a lot of speculation about Bitcoin. It's been a crazy rollercoaster ride. But what exactly is the future of Bitcoin?

Bitcoin frees us from the power of banks to hold or freeze our accounts for whatever reason. Bitcoin allows us control over our finances, the way it should be. Bitcoin is the perfect fit for this digital age where technology is the new norm. If you need money, you can simply access it through your phone.

Bitcoin provides opportunity and financial inclusion for unbanked people. Bitcoin is already making a huge impact in the world. Schools in Africa are even being built with the help of crypto. Crypto is everywhere now

Now that's just one of the many opportunities that Bitcoin can bring. Just imagine a future where bitcoin is universally accepted. although bitcoin is just another “pump and dump” scheme. Maybe bitcoin will down after 1-2year then it will pump again it will break all past records.

jr. member
Activity: 89
Merit: 2
February 13, 2021, 01:40:48 PM
#32
In the future, everything will depend on everything.Everything we imagine will depend on the same bitcoin and this world.
There will be no more dark days, and we should know that in the new year, companies and celebrities have become fans of bitcoin.
this is the future Cool
jr. member
Activity: 93
Merit: 1
February 13, 2021, 05:43:24 AM
#31
The future of Bitcoin is bright. Institutional investors are interested in Bitcoin, more authorities become bitcoin-friendly.
sr. member
Activity: 2100
Merit: 309
February 13, 2021, 05:08:58 AM
#30
Bitcoin for future will be light but depend how legal and illegal bitcoin as transaction payment way, many time any country wanna adopt bitcoin as legal currency payment but many regulated make bitcoin reject as allow payment currency. This way how to make bitcoin still not popular in the world because not accepted as payment currency.
sr. member
Activity: 1610
Merit: 264
February 12, 2021, 11:21:30 AM
#29
i have been in the cryptocurrency field since 2014 and i have seen the brightest and darkest days of BTC but when i look at the current rising conditions of the bitcoin market i see that we have come a long way and most of the world is accepting the cryptocurrency payments and some lager brands are also connected to the BTC world.

but sometimes a thought crosses my mind that will these conditions last longer and better in the future?

what do you guys have to say about it?

let us know  Smiley
We had been talking about Bitcoin's future too much already since 2017.

"Conditions to last longer and better in the future?"
Go back to years around 2011 and think about people thinking the same about the future of Bitcoin. Their future thoughts were happening right now. There could be people back then that were proven wrong right now and there could be people rejoicing that it is actually happening.
sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
February 12, 2021, 09:57:12 AM
#28
i have been in the cryptocurrency field since 2014 and i have seen the brightest and darkest days of BTC but when i look at the current rising conditions of the bitcoin market i see that we have come a long way and most of the world is accepting the cryptocurrency payments and some lager brands are also connected to the BTC world.

but sometimes a thought crosses my mind that will these conditions last longer and better in the future?

what do you guys have to say about it?

let us know  Smiley
we can see this condition until mid-2021 whether bitcoin can stay at the highest position or only temporarily. bitcoin's target price is $ 50k and now it is at $ 46 which is amazing as bitcoin is close to that price
sr. member
Activity: 2436
Merit: 455
February 12, 2021, 08:19:58 AM
#27
but sometimes a thought crosses my mind that will these conditions last longer and better in the future?

It really depends. What do you actually have in mind? What risk factors actually makes you at the very least slightly doubt Bitcoin's future? You need to give us more info so we can actually have a starting point for this topic.

I think what OP have in mind is another cryptocurrency will replace Bitcoin in the future. Maybe OP is doubting Bitcoin's future because as the technology evolves, people also evolves and someone could invent a coin that could surpass Bitcoin two times or even more, that's just my thoughts about it. But on the bright side, I think Bitcoin will continue to dominate other Cryptocurrency and will remain the king of blockchain in the future.

What I've have in mind is that if Bitcoin and fiat will continue to coexist in the near future, because I really can't imagine existing without fiat as an alternative payment.
copper member
Activity: 54
Merit: 1
February 12, 2021, 07:50:30 AM
#26
Few year back people told bitcoin is a scam, but now bitcoin has the capability to change the better future.
full member
Activity: 924
Merit: 100
February 11, 2021, 03:03:23 AM
#25
I believe bitcoin is our future.

Day by day more and more people or company watching this investment and most of them are so interest to using bitcoin for he's payment method or for their investment.
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