Bitcoins true potential - page 2. | Bitcointalksearch.org

satdas

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Quote from: lionheart78 on October 04, 2016, 02:22:50 PM

Quote from: Biodom on October 04, 2016, 12:58:43 PM

Mainstream economist Bill Gross (bond king) talks about bitcoin, etc.
Quite amazing and sobering outlook. Not sure what to do at this juncture as far as my non-crypto assets are concerned.

https://www.janus.com/insights/bill-gross-investment-outlook

Quote

Bitcoin and privately agreed upon block chain technologies amongst a small set of global banks, are just a few examples of attempts to stabilize the value of their current assets in future purchasing power terms...

I think your non-crypto assets are fine since we live not only in crypto world but also in commodities needed by our body survival.

As for the bitcoin potential, considering the population of people involved, and the technical development of bitcoin being implemented, Bitcoin true potential lies on the adoption of masses which really relies on the usage and integration of the coin. If there is a platform where bitcoin can be easily access by all people with or without the internet then bitcoin true potential can be achieve.

Quote from: tee-rex on October 04, 2016, 01:06:38 PM

Quote from: serjent05 on October 04, 2016, 12:41:37 PM

Even I have some though i tried to google it first to know what is the meaning of such word or is it appropriate for the statement

Your English isn't perfect either.

What do you expect, he just admitted that his natural language is not english.

yes you can see a lot of people here whose first language is not English, as my first Language is not English, My first language is PASHTO, but still we try our best to use some good English so as to be easily understand, but i think those whose first language is English they should kindly ignore our mistake.

ekoice

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See Bitcoin is still in its early stage.Its true potential has not yet been revealed.Bitcoin price is expected to cross $1000 dollars by june 2017.Its price would rise much higher in future.Bitcoin would be accepted by governments all over the world.

HilbillyFred

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Bitcoins are getting a true potential becuase so many people are using the bitcoins and that amount is growing so fast we cant do anything about it and most of the users
for now are to stupid to use it.

MaritiJames3

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Bitcoin true potential should be a goal to grow towards to that is what we are doing right now I suppose.
Once shops start to accept bitcoin globally is when we will have reached our true potential in my opinion.

Legasean

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Off course are bitcoins a true potential becuase lots of people are using it right now and that amount is only growing you know lots of peopel are here because they started
to make money with the bitcoin ad that is the main reason for everyone.

phreaky

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Bitcoins true potential is the potential that we still have to see happening, it will take a long time and bitcoin has to be stable and mass adopted.
Until then we will not see what bitcoin is truly worth for us, it can help out on a lot of problems if you think about it.

Denker

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Quote from: bitlancr on October 10, 2016, 02:23:14 AM

I think bitcoins true potential is way higher than we currently are at. I think for it to come out we need to globalize it more and it has to be used way more globally so that there is more demand for bitcoin causing the value to go up to its true potential.

This is right. The more users and adoption by merchants and stores Bitcoin is having, the more it will grow in value.
But that will take time and also requires technological progress compared to Bitcoin's actual status.
I think many of us here are hoping for Bitcoin being the coin used by hundreds of millions of people or even billions and therefore used all around the world 24/7.
Patience will be needed for that!And that means we are talking about many more years!

Ethalir

newbie

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Bitcoins are used very many this timese because the people who want to use bitcoins are also getting more and more. That is why the bitcoin is getting
full potential by everyone who want to use the bitcoin and that is good for the future.

Golftech

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Quote from: bitlancr on October 10, 2016, 02:23:14 AM

I think bitcoins true potential is way higher than we currently are at. I think for it to come out we need to globalize it more and it has to be used way more globally so that there is more demand for bitcoin causing the value to go up to its true potential.

yes might need everyone of us to have this in mind to help the progress the more adoption the more progress and rise up
we need to help by keep using it and allow more investors to join so we will able to see the real value of our assets.

MaritiJames3

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Bitcoins true potential is difficult to reach cause it requires a lot more people to be invested in bitcoin but it's hard to draw them there.
They are stuck to fiat cause they don't know any better which sucks cause bitcoin would be way advantageous for anybody out there over fiat.

DixieCrayon

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Bitcoins ae really popular by the users and that is most of the time because lots of peopel are investing lots of money into the bitcoin so it is nothing strange because i know for sure that bitcoin will come far in this world for sure ! so dont stop using bitcoins people keep investing.

bitlancr

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I think bitcoins true potential is way higher than we currently are at. I think for it to come out we need to globalize it more and it has to be used way more globally so that there is more demand for bitcoin causing the value to go up to its true potential.

ArdiPrabowo

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bitcoin is very potential investment
you can very fast grow your capital money, and use bitcoin to trading
trading bitcoin two option pair, bitcoin pair fiat money, or bitcoin pair altcoin

Dora Doll

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Quote from: romero121 on October 08, 2016, 05:33:37 AM

Quote from: pooya87 on October 04, 2016, 02:47:36 AM

Quote from: Newcoins2020 on October 04, 2016, 02:44:26 AM

Quote from: sishendaoye on September 06, 2016, 09:41:32 AM

Not sure what Bitcoin true potential is because to be real I do not pay any attention to that, I am only here to make some more money and noting else.
I know that people say that Bitcoin is going to take over the world but we have yet to see what will happen.

I think the true potential of bitcoin will be to reach the value over 5k and for it to be accepted globally in any shop.
This is ofcourse a big goal but that's the true potential for bitcoin and it could take very long to reach this point if ever.

even if we someday see bitcoin accepted only on the internet, meaning all the shops that have a website and are selling through there start accepting bitcoin, then the price will go to the moon. the 5K$ is just the start of it all.

Bitcoin's potential can never be predicted exactly. But when one understand its potential, then even if it falls people user won't leave because he know that sure bitcoin rises again. Possibly the price of bitcoin might get a standard value than going very high to $10000 and so on.

yes that is a fact tha we cannot predict about the potential, hope fiaisal will grow is position.

tee-rex

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Quote from: OmegaStarScream on October 08, 2016, 11:14:58 AM

The Bitcoin potentials are simply huge and have no limits , however we will never those potentials unless the Bitcoin development start to become more active and become faster (much faster). I'm not saying that the developers are not doing their job but probably more developers are needed.
As I said on several posts Bitcoin is currently on a race with Altcoins , from time to time a new altcoin come out with new things , If Bitcoin need to compete then It should go to the next level (Lightning network , SegWit and more)

As to me, the race is not so much between Bitcoin and other altcoins as between altcoins themselves. There were quite a few candidates that aimed to replace Bitcoin like Ripple or BitShares. They received a fair amount of attention in the press at their prime but eventually still fell out of the limelight. Where are they all now? Ether has been hyped a lot recently, but its popularity seems to have peaked already as well, and it is limping toward the door.

crairezx20

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Quote from: satdas on October 08, 2016, 01:32:20 PM

Quote from: Catmony on October 08, 2016, 12:11:27 AM

There are lots of features that can increase the adoption of bitcoin significantly in future. Decentralized, anonymous, very low fee and fast irreversible transaction makes bitcoin superior in the field of payment processor. Price may grow exponentially in few years.

yes i also agree with you, i think still there is so much potential in bitcoin, it is going to become more and and more popular as more and more people are entering in the world of bitcoin, therefore still there is too much potential in bitcoin to grow.

It can be more popular in the future because bitcoin is growing daily and more people are discover the use of bitcoin..
So if you are newbie dont be lazy to collect more bitcoins or to invest your money in bitcoin because the price of bitcoin will be more valuable in the future.

satdas

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Quote from: Catmony on October 08, 2016, 12:11:27 AM

There are lots of features that can increase the adoption of bitcoin significantly in future. Decentralized, anonymous, very low fee and fast irreversible transaction makes bitcoin superior in the field of payment processor. Price may grow exponentially in few years.

yes i also agree with you, i think still there is so much potential in bitcoin, it is going to become more and and more popular as more and more people are entering in the world of bitcoin, therefore still there is too much potential in bitcoin to grow.

OmegaStarScream

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The Bitcoin potentials are simply huge and have no limits , however we will never those potentials unless the Bitcoin development start to become more active and become faster (much faster). I'm not saying that the developers are not doing their job but probably more developers are needed.
As I said on several posts Bitcoin is currently on a race with Altcoins , from time to time a new altcoin come out with new things , If Bitcoin need to compete then It should go to the next level (Lightning network , SegWit and more)

The_prodigy

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Quote from: Pap0u on August 08, 2016, 08:05:04 PM

There have been plenty of discussions from time to time on the price speculation of Bitcoin. Where do you guys see the price of one Bitcoin in the years to come? Most importantly, why? How would Bitcoin work? Bitcoin can not exist independently without any other currency, because then where do you derive its value? Imagine Bitcoin though is adopted worldwide, as a popular secondary means of processing transactions. What should the value be of a Bitcoin if literally every person who owned a bank account and debit and credit cards also used Bitcoin wallets and bitcoins daily.

My theory is that the value of a Bitcoin needs to be the sum of all the value of money that exists in the world divided by 21 million bitcoins then adjusted to market price.

Why is Bitcoin priced at what it is today and what is its maximum potential to be valued at?

There are lots of plenty discussions time to time even in this forum there are always speculation on bitcoin , If the bitcoin gonna drop price into cheaper one so some people can buy there starting bitcoin in this year. Most of investors are choosing bitcoin not to gambling and because of the money that they could get to this. If we are going to imagine bitcoin it is already popular and lots of people are using it and there are always transaction are being made. There are lots of surprises.

Spaceman_Spiff

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Quote from: Catmony on October 08, 2016, 12:11:27 AM

There are lots of features that can increase the adoption of bitcoin significantly in future. Decentralized, anonymous, very low fee and fast irreversible transaction makes bitcoin superior in the field of payment processor. Price may grow exponentially in few years.

Agreed

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