Do you think bitcoin will have a future ?

tescomatty

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Quote from: no_good_deed on December 16, 2013, 12:46:27 PM

At the moment Bitcoin is too hard to understand to go mainstream, Bitcoin is treated as an investment, and being the first significant player in the market is something both helps and hinders Bitcoin.

It is because media hype about Bitcoin bubble graph. It would be better explainng why Bitcoin is necessary instead

hilariousandco

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Quote from: Natur33 on December 08, 2013, 12:10:45 PM

Quote from: oyeTorry on December 08, 2013, 12:09:27 PM

Quote from: 77cool on December 08, 2013, 11:17:30 AM

It seems like bitcoin is still on a risky side, any opinion ?

Yes, very risky investment, but without risk you cant have high potential profit

What's the risk ?

The risk is you can lose all the money you put into Bitcoin if you lose your coins or the markets crash and stabilise at a low price. But the opposite is also true; you could make a helluva lot of money.

Bitcoin does have a future, but maybe it wont last forever, or maybe it will be the future. I think 2014 is going to be the year of Bitcoin as it gains more mainstream acceptance and more merchants start accepting it.

no_good_deed

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At the moment Bitcoin is too hard to understand to go mainstream, Bitcoin is treated as an investment, and being the first significant player in the market is something both helps and hinders Bitcoin.
My main expectation is that over the next few years we will see a range of cryptocurrencies and potentially other forms of digital currency develop, we have all seen posts on some of the issues inherent in Bitcoin's code and processes to know that it is not perfect. I'm not saying any currency ever will be, but I do believe a more mainstream currency will eventually take the main stage. Investing in Bitcoin now and expecting value to settle between $500-$2000 over the next few years I would put my money on keeping eyes open on what is happening with other currencies and as soon as big tech/retailspublicly back these exchange bitcoins for what will likely be the digital currency of the future.

st9999

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Quote from: oyeTorry on December 08, 2013, 12:09:27 PM

Quote from: 77cool on December 08, 2013, 11:17:30 AM

It seems like bitcoin is still on a risky side, any opinion ?

Yes, very risky investment, but without risk you cant have high potential profit

You say it all Cheesy

infinitybo

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BTC is extremely high risk but if you risk nothing , you risk everything. Grin

trumbadera

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Quote from: alexb___ on December 08, 2013, 12:30:18 PM

it will go up egain on monday, as soon as pepole understand that CCB was a good news... Wink

I doubt so soon, but I doubt higher crash will come without another bad news
I really think CCB was bad news for Bitcoin in China

bitmixer

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One day we will beat ECB and FED ;)

No, we are all here cause we think Bitcoin doesn't have future. We all here want to see BTC value plummet into toilet.

Seriously, did you expect reply like this? Huh

?

ezchatter

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Bitcoins have a good future in the next years.

Altcoins do play crucial roles along with bitcoins.

Gunslinger

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Quote from: maurya78 on December 08, 2013, 11:20:49 AM

Besides, if you have these doubts what are you doing here?

Jokes aside, opinions vary widely, I suggest rather than canvass personal views, that you use the resource son this forum well

Don't be harsh lol, bitcoin will definitely be good !

alexb___

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it will go up egain on monday, as soon as pepole understand that CCB was a good news... Wink

uininPeter

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Quote from: Baseballcap on December 08, 2013, 12:26:18 PM

But if the difficulty is increasing isn't it harder for the miner to mine ?

Your right, it is harder for the miner to mine. It also mean miner will value his mined Bitcoin more

Informsasi

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Quote from: ajax3592 on December 08, 2013, 11:19:17 AM

Nobody absolutely nobody can guarantee you that Bitcoin would last more than 10-20 years.
Next, 4-5 years seem bright though, can't say if a better alternative pops up then.

Are u sure ?

Baseballcap

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Quote from: GhanaGamboy on December 08, 2013, 11:55:29 AM

Quote from: ngindenkore on December 08, 2013, 11:41:42 AM

I dont think it will have a future after all mining is stopped.

No reason for all miners to stop. So far the difficulty is steadily increasing, it mean mining popularity increases

But if the difficulty is increasing isn't it harder for the miner to mine ?

Onceup0n

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No

Kamigawa

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Quote from: Believefly on December 08, 2013, 11:20:26 AM

Quote from: ajax3592 on December 08, 2013, 11:19:17 AM

Nobody absolutely nobody can guarantee you that Bitcoin would last more than 10-20 years.
Next, 4-5 years seem bright though, can't say if a better alternative pops up then.

It US bans it then its the end of bitcoin

Don't think us will ban it lol

Bookw0rm

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