Bitcoins true potential - page 4. | Bitcointalksearch.org

xIIImaL

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Quote from: MaritiJames3 on October 04, 2016, 04:24:10 AM

Bitcoins true potential is very high that's for sure we just have to wait it out and see if it's possible for it to reach it.
We as community can not do much except spread the word about bitcoin and keep the coins in a circulative motion by spending and earning.

But we can make 16000 btc level amount only in mining after halving. So we had some demand and price value for the bitcoin around world wide. Most of the people will need bitcoin to centralized to use to easily. Even I .

Xester

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Bitcoin price is based on the fiat currency USD. Its price is unpredictable but we cannot deny the fact that after about less than a decade its become a big thing in the market. Its price right now gone low compared to its price before but still the price of 1 btc is enough to cover my whole month expenses. It is bigger in my salary as of today.

MaritiJames3

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Bitcoins true potential is very high that's for sure we just have to wait it out and see if it's possible for it to reach it.
We as community can not do much except spread the word about bitcoin and keep the coins in a circulative motion by spending and earning.

pooya87

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Quote from: Newcoins2020 on October 04, 2016, 03:44:26 AM

Quote from: sishendaoye on September 06, 2016, 10:41:32 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.

Newcoins2020

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Quote from: sishendaoye on September 06, 2016, 10:41:32 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.

Slark

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Do you want to see Bitcoin True Potential? Just wait for next global economic crisis and every bank lover will be buying Bitcoin then.

Deutsche Bank is in trouble and most likely will fall - this would probably bring upon Europe crisis.

Today's scenario is awfully similar to what happened in 2008 after Lehman Brothers fell.

andyste

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bitcoin is true potentian investment
with bitcoin very fast grow your money
you can trading bitcoin with 2 pair, pair fiat money and pair altcoin

Spaceman_Spiff

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Quote from: Doamader on October 03, 2016, 06:24:33 PM

Nakamoto made the bitcoin to get value over time, while the mine keeps running, after the mine ends it will be the demand and supply that should rule the value of bitcoin, atleast at the moment no ones knows how to handle the question of the last coin mined and what will happen with the hash that makes bitcoin safe.

miners will get subsidized by transactions fees only

Doamader

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Nakamoto made the bitcoin to get value over time, while the mine keeps running, after the mine ends it will be the demand and supply that should rule the value of bitcoin, atleast at the moment no ones knows how to handle the question of the last coin mined and what will happen with the hash that makes bitcoin safe.

wikenpp

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Nobody can really tell what bitcoin's potential is. It's all guess at this point. Sure we bitcoiners estimate the potential very high since we know how the protocol works. But even then to tell what the real potential is in terms of money, is hard to say. Let's just hope it get adopted by the masses and we will see a realistic price of bitcoin.

Spaceman_Spiff

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Zistmine

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Quote from: crairezx20 on October 03, 2016, 12:17:55 PM

Quote from: Adaleon on October 03, 2016, 11:37:13 AM

Bitcoin has an unlimited potential but if Bitcoin is going to be able to show us that is still unknown because many things can come in the way of bitcoin.
Like a other company taking over Bitcoin or Bitcoin in general just dying, we have to see for our selves what will happen.

Not unlimited it has only a potencial to grow more in the future.bitcoin still not so popular and i think it needs more adoption so that more people will know about bitcoin.. For now we are just 10% of users worldwide and i hope we will increase more even 3% next year..

There are very few users of the bitcoin at the moment. I mean the active users. When it reaches several millions, the price will be much higher.

crairezx20

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Quote from: Adaleon on October 03, 2016, 11:37:13 AM

Bitcoin has an unlimited potential but if Bitcoin is going to be able to show us that is still unknown because many things can come in the way of bitcoin.
Like a other company taking over Bitcoin or Bitcoin in general just dying, we have to see for our selves what will happen.

Not unlimited it has only a potencial to grow more in the future.bitcoin still not so popular and i think it needs more adoption so that more people will know about bitcoin.. For now we are just 10% of users worldwide and i hope we will increase more even 3% next year..

Adaleon

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Bitcoin has an unlimited potential but if Bitcoin is going to be able to show us that is still unknown because many things can come in the way of bitcoin.
Like a other company taking over Bitcoin or Bitcoin in general just dying, we have to see for our selves what will happen.

romero121

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Bitcoin has got the best potential, but only a few have understood it and started investing in it. When years pass users will know more of it and get into the digital currency usage.

RyNinDaCleM

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Legen -wait for it- dary

Quote from: zimmah on September 19, 2016, 04:46:15 PM

Quote from: RyNinDaCleM on September 18, 2016, 07:49:10 PM

Quote from: 20kevin20 on September 18, 2016, 03:45:51 PM

In 2012, the first halving took place. I never found out about it at the time, and I wish I did. One year later, the price went +$1050 up, which meant over 100x the 2012 price. Now we're looking at a $610/BTC price. The halving took place this year.. let's hope the history repeats once again. 100x$610 means.. $61k. Let's hope for the best!!!!

Exponential increases also require exponentially more money to reoccur. Say it took $200M to make the 2013 bubble. Now think about another 100x that.... That is a lot of eyeopening! Better start telling people now Wink

Unfortunately, much of the world has heard of Bitcoin by now (whether or not they actively pursued it or even took the time to learn about it). People are going to need a bigger threat to their money for Bitcoin to grow like that again. A slow steady rise is more likely than a 7 week rally to $61k. As more people become aware/threatened to seek alternative means of saving/purchasing, money will trickle in. This could take another 10 years or more. It really depends on how fast nations' govs can scare people out of their national fiats.

That's no problem since the network effect means that adaptation will be exponential, and therefore the money coming in will also grow exponentially (until of course adaptation slows down, because there aren't infinite people).

But since not nearly even 0.1% of humanity is using bitcoin right now, we should be fine for a while still.

By what metric can adoption be measured with any amount of certainty, though? It's not as simple as saying that because I tell two people and they each tell two people...etc that they would all have any interest in Bitcoin. I would argue that just like EW works on price, it works similarly on adoption and it is possible that adoption is in a lull in its growth, or a plateau after the last growth phase as a sort of sideways correction. I doubt that everyone you or I remember from a few years ago still hold the same desire that they once did. Many, sure, but not each and every last one. If that's the case, it is also possible that the exponential growth would start back a few clicks. Not necessarily square one, but not right back into full-on FOMO driven panic. At least not for a little while.

zimmah

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Quote from: RyNinDaCleM on September 18, 2016, 07:49:10 PM

Quote from: 20kevin20 on September 18, 2016, 03:45:51 PM

In 2012, the first halving took place. I never found out about it at the time, and I wish I did. One year later, the price went +$1050 up, which meant over 100x the 2012 price. Now we're looking at a $610/BTC price. The halving took place this year.. let's hope the history repeats once again. 100x$610 means.. $61k. Let's hope for the best!!!!

Exponential increases also require exponentially more money to reoccur. Say it took $200M to make the 2013 bubble. Now think about another 100x that.... That is a lot of eyeopening! Better start telling people now Wink

Unfortunately, much of the world has heard of Bitcoin by now (whether or not they actively pursued it or even took the time to learn about it). People are going to need a bigger threat to their money for Bitcoin to grow like that again. A slow steady rise is more likely than a 7 week rally to $61k. As more people become aware/threatened to seek alternative means of saving/purchasing, money will trickle in. This could take another 10 years or more. It really depends on how fast nations' govs can scare people out of their national fiats.

That's no problem since the network effect means that adaptation will be exponential, and therefore the money coming in will also grow exponentially (until of course adaptation slows down, because there aren't infinite people).

But since not nearly even 0.1% of humanity is using bitcoin right now, we should be fine for a while still.

ivanst776

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When someone wants to invest in ICO of othercoins the first thing that goes on our minds is to buy/invest through bitcoin.

And based only on this I think that bitcoin has the potential to survive longer than any of the altcoins and has potential to be available in the real life too.

Skaven

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Bitcoins are true potential because yuou need to be sure that people will use them in the future if they dont use bitcoins in the future you can better stop dealing with it!

KimberlyZahovic

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bitcoin potential the best investment
becasue use trading in very fast growth capital money

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