Future Of Bitcoin | Bitcointalksearch.org

wuvdoll

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Quote from: serjent05 on February 16, 2017, 01:59:26 PM

Quote from: Xester on February 16, 2017, 05:58:19 AM

Quote from: AtomicProject on February 15, 2017, 09:41:06 AM

i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.

One hundred years is to far for bitcoin to be able to make 1 satoshi equivalent to 1 dollars. Possibly in 30 to 50 years time bitcoin will have the price of 100 million dollars each. Is this a joke, this is not a joke. The world is already studying the usefulness of bitcoin in the financial system that can be used as payment when purchasing goods and service. There are actually countries that have seen the merit of bitcoin and is planning to adopt bitcoin in their country. The only thing left now is for other countries to follow those moves and soon millions of population will join the fray that will lead us to that ideal price.

I agree it is not a joke but an exaggeration. It is not the usefulness of Bitcoin that was being studied, it was the blockchain technology that Bitcoin presented to the financial system. Even if they prove that Bitcoin is superb, government will only use the technology and not Bitcoin itself. So maybe let us stop daydreaming about Bitcoin reachin million dollar, but rather let us be realistic first. Aim $10k then next milestone $50k .

When you are ready to aim for short term targets like $10k and $50k levels why not speculate about the value of one satoshi after 100 years ? So contradicting.

I like OP's statements and I am not finding it as an over imagined. More over as per my analysis bitcoin will not take 100 years to hit $1 per one satoshi. In other terms, after 100 years bitcoin might be divisible into more than 10 digits and 1 satoshi might have got value what one full bitcoin is having right now.

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Quote from: Xester on February 16, 2017, 05:58:19 AM

Quote from: AtomicProject on February 15, 2017, 09:41:06 AM

i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.

One hundred years is to far for bitcoin to be able to make 1 satoshi equivalent to 1 dollars. Possibly in 30 to 50 years time bitcoin will have the price of 100 million dollars each. Is this a joke, this is not a joke. The world is already studying the usefulness of bitcoin in the financial system that can be used as payment when purchasing goods and service. There are actually countries that have seen the merit of bitcoin and is planning to adopt bitcoin in their country. The only thing left now is for other countries to follow those moves and soon millions of population will join the fray that will lead us to that ideal price.

I agree it is not a joke but an exaggeration. It is not the usefulness of Bitcoin that was being studied, it was the blockchain technology that Bitcoin presented to the financial system. Even if they prove that Bitcoin is superb, government will only use the technology and not Bitcoin itself. So maybe let us stop daydreaming about Bitcoin reachin million dollar, but rather let us be realistic first. Aim $10k then next milestone $50k .

Sskapollo

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Since past 2 years most probably (2014) the crypto currency did not have much momentum in the retail transaction but.. On my opinion it would raise in the upcoming future and least the economic crisis held today
Though Bitcoin is also characterised as the payment system

sukamasoto

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Bitcoin is something unique and it can be complement as gold investation but the different is bitcoin value still volatile.
As I can see bitcoin value keep increase over a year so it's good choice to keep as investation for many years especially when bitcoin reach another halving on 2019 , their value will increase 4x on that year ....

Mr.grin

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Quote from: Dudeperfect on February 16, 2017, 08:44:27 AM

Probably this thread belongs to the speculation section but anyway mods will do that for you. Now coming back to your topic, it would be great if 1 satoshi equals to 1 USD but in that case, the market capital of bitcoin should reach that equivalent level and that is not possible anytime soon unless Bill gates or warren buffet thinks to do so.

The expectations were very good, but for now, it is very far from reality, and there are no signs that the price of 1 satoshi equal to $ 1. I am more confident, when people predict that the next bitcoin price is $ 2,000, and maybe it will happen in early 2018.

doomistake

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Quote from: AtomicProject on February 15, 2017, 09:41:06 AM

i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.

It is possible, but it would take some time, and it also depends if bitcoin won't face any problem, but for now, 1 Satoshi = 1 dollar is not possible, because I think it is too much for 1 satoshi to cost 1 dollar, but it is a good thing if this is really going to happen in the near future. Since bitcoins population is keep on growing every day that is passing by, there is a higher chance that bitcoins price for about let's say $2000-$3000 this year, well it is just my prediction.

But for now, I think bitcoins price would just PUMP to $1500 per bitcoin, because it is the most topic that I always here in my friend, saying that someone here in this forum with a higher position just told him about this, I don't if its true, but it is not impossible to happen though.

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Quote from: BitcoinPanther on February 15, 2017, 04:30:54 PM

Quote from: Slark on February 15, 2017, 12:46:08 PM

Far future speculation is always more of a gambling than estimation based on knowledge.
No one will be able to predict price of bitcoin in a hundred years. Even Satoshi had no idea what will be bitcoin's future.
We have no idea if bitcoin network will survive next 10 years or so. Plus, we can't compare Bitcoin to fiat when inflation is in play.
Bear in mind: $100 in the year 1969 is worth $645 in 2015.

Indeed it is a wild guess. There are too many factor to consider, though we can have reference to some of the factor but there is still missing to justify that what we are speculating is possible to happen. We cannot tell the future, probably Bitcoin will be replaced even before it reach $10k. The things ahead is uncertain.

I don't think it will be replaced, it might not become digital currency we wish it to be but it will be used ad store of value.
At this point there is nothing that can beat near ideal initial distribution of Bitcoin. Every new altcoin is created with the idea of it being valuable.
Bitcoin was created and once was considered totally useless and therefore dirt worth - it gained value over time.
We can compare BTC to many object we now consider the best store of value: vintage furniture, antiques, old cars.

Dudeperfect

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Probably this thread belongs to the speculation section but anyway mods will do that for you. Now coming back to your topic, it would be great if 1 satoshi equals to 1 USD but in that case, the market capital of bitcoin should reach that equivalent level and that is not possible anytime soon unless Bill gates or warren buffet thinks to do so.

warwar

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It will be awsome and wonderful if that thing will truly happens in future from now.But theres a chance that bitcoins will be gone in more years from now.Bitcoins reaching 2,000$ in market in this graphs may came through any day of this month now because bitcoins now are showing whats the real value.So i think also that 1 satoshi = 1$ may happen in many years from now on.Lets just think positive

mrkevio

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It'd be awesome but how will you pay for a candy? I mean all prices would then be rounded to a whole $1. I think the max price it should have is $100.000. Even this price looks high and impossible to achieve, but I'm looking for a $5-$10k in the Q4 2017.

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Quote from: grandy on February 16, 2017, 12:32:39 AM

Quote from: splitups on February 15, 2017, 02:13:58 PM

Maybe... Maybe not. Speaking of things like a very distant future of something as unstable as bitcoin is just like shooting ducks in the night, Bitcoin can be anywhere around 20 years or more. You can't predict it or even guess. Short-term is easier and you can probably see it [like the $1000 rise].

yes no one can speak about the future of bitcoin so correction but i think we can speculate about the future of bitcoin by observing the number of people entering in the world of bitcoin. as their number is increasing day by day.

We can speculate about bitcoin to make it move forward. With the ongoing acceptance by merchants, adoption in big companies and governments planning to make regulations are making bitcoin a perfect future. Along with these several firms were creating blockchain based upon their own needs. Even its helping villages go digital based on the technology.

Xester

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Quote from: AtomicProject on February 15, 2017, 09:41:06 AM

i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.

One hundred years is to far for bitcoin to be able to make 1 satoshi equivalent to 1 dollars. Possibly in 30 to 50 years time bitcoin will have the price of 100 million dollars each. Is this a joke, this is not a joke. The world is already studying the usefulness of bitcoin in the financial system that can be used as payment when purchasing goods and service. There are actually countries that have seen the merit of bitcoin and is planning to adopt bitcoin in their country. The only thing left now is for other countries to follow those moves and soon millions of population will join the fray that will lead us to that ideal price.

pewe

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i hope the price and value of bitcoin would increase the need for bitcoin increasingly influential in the future depending on the market no one can predict much for a long time

LEEMEEGO

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Quote from: AUDREY23 on February 15, 2017, 10:06:11 AM

patient all need process just enjoy the process, then you can feel if bitcoin costs always go up every year of her journey follow the flow of bitcoin

yes we just have to be patient in the pumping of the price of bitcoin. but 100 years is a bit too much.. even if bitcoin price will reach to 10M dollars each, do you think were still alive at that moment and enjoying what bitcoin has to offer? i think no.. so the best thing to do now is just go with the flow of the coin. enjoy while each year the price increases..

Viakor

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Quote from: BigBos on February 15, 2017, 12:20:25 PM

Well, I think it's really good speculation. bitcoin, ever not have a price, and this time, the price of bitcoin becomes very high. I also believe, the future price of bitcoin will be very high, and it might just as you predicted. but for now, the price of bitcoin really stable at $ 1000 price

I think that you're right and I also believe that the price of the bitcoin will be very high. The price will be higher than what it is now.

paul gatt

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I do not think Bitcoin will reach that value and I do not hope it's worth it. because when the value of Bitcoin increased, meaning that the value of the dollar fell, and the Bitcoin worth 10 million dollars, real money will lose value, and it is worse, the value of Bitcoin must depend on the value of real money. it is imperative

grandy

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Quote from: splitups on February 15, 2017, 02:13:58 PM

Maybe... Maybe not. Speaking of things like a very distant future of something as unstable as bitcoin is just like shooting ducks in the night, Bitcoin can be anywhere around 20 years or more. You can't predict it or even guess. Short-term is easier and you can probably see it [like the $1000 rise].

yes no one can speak about the future of bitcoin so correction but i think we can speculate about the future of bitcoin by observing the number of people entering in the world of bitcoin. as their number is increasing day by day.

hardtime

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I don't get it how people on this forum can make such insane claims such as bitcoin hitting such a high all time high, not only will this never happen people on the forum have to understand that if they want bitcoin to be accepted it's going to have to sit around the price it is now. No one is going to adopt a currency like bitcoin that has such a high change rate per day.

Crazy claim, insane bullshit bud, NEVER GOING TO HAPPEN.

Quote from: BigBos on February 15, 2017, 12:20:25 PM

Well, I think it's really good speculation. bitcoin, ever not have a price, and this time, the price of bitcoin becomes very high. I also believe, the future price of bitcoin will be very high, and it might just as you predicted. but for now, the price of bitcoin really stable at $ 1000 price

$1000ish price is the area that I think bitcoin should and will sit at, hoping for it to stay so it can gain mass adoption.

BitcoinPanther

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Quote from: Slark on February 15, 2017, 12:46:08 PM

Far future speculation is always more of a gambling than estimation based on knowledge.
No one will be able to predict price of bitcoin in a hundred years. Even Satoshi had no idea what will be bitcoin's future.
We have no idea if bitcoin network will survive next 10 years or so. Plus, we can't compare Bitcoin to fiat when inflation is in play.
Bear in mind: $100 in the year 1969 is worth $645 in 2015.

Indeed it is a wild guess. There are too many factor to consider, though we can have reference to some of the factor but there is still missing to justify that what we are speculating is possible to happen. We cannot tell the future, probably Bitcoin will be replaced even before it reach $10k. The things ahead is uncertain.

splitups

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Maybe... Maybe not. Speaking of things like a very distant future of something as unstable as bitcoin is just like shooting ducks in the night, Bitcoin can be anywhere around 20 years or more. You can't predict it or even guess. Short-term is easier and you can probably see it [like the $1000 rise].

Slark

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Far future speculation is always more of a gambling than estimation based on knowledge.
No one will be able to predict price of bitcoin in a hundred years. Even Satoshi had no idea what will be bitcoin's future.
We have no idea if bitcoin network will survive next 10 years or so. Plus, we can't compare Bitcoin to fiat when inflation is in play.
Bear in mind: $100 in the year 1969 is worth $645 in 2015.

BitcoinPanther

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Quote from: AtomicProject on February 15, 2017, 09:41:06 AM

i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.

Honestly this is extreme but if this thing happen then good for those who save Bitcoin for their grandchild. In reality, I am only thinking Bitcoin getting around $5k to $10k life long price. If you look at the price history, bitcoin is almost a decade year old but still the price could not even break $1500.

Kprawn

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You have to understand that inflation eat up the value of fiat currencies, so in 100 years you will not even be able to buy 1 sweet with $1 due

to the depreciation of the dollar. It would be better if we reach that within the next 5 years for that statement to mean anything. Roll Eyes

...Well, a lot

may happen in 5 years too.... look at the Zimbabwean dollar. Shocked

AtomicProject

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Quote from: BigBos on February 15, 2017, 12:20:25 PM

Well, I think it's really good speculation. bitcoin, ever not have a price, and this time, the price of bitcoin becomes very high. I also believe, the future price of bitcoin will be very high, and it might just as you predicted. but for now, the price of bitcoin really stable at $ 1000 price

yes i agree with your thought but if we store 1 btc for our coming generation around 1000 year's letter that is very usefull for them

BigBos

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Well, I think it's really good speculation. bitcoin, ever not have a price, and this time, the price of bitcoin becomes very high. I also believe, the future price of bitcoin will be very high, and it might just as you predicted. but for now, the price of bitcoin really stable at $ 1000 price

mrcash02

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It's impossible to say with 100% sure the prices will be like you said. And I think it's a bit exaggerated, 1 satoshi probably could cost 1 cent of dollar on long term, in many years, decades or even one century. Bitcoin was projected to have many decimal houses to worth on long term, which few satoshis can cost cents of dollar or few dollars.

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Quote from: allthingsluxury on February 15, 2017, 11:50:26 AM

I really don't think we'll ever reach that point. Something incredibly drastic would have to change in global markets, a change that might be pretty damn ugly.

with those figures bitcoin would be at bigger marketcap than gold, because 21M x 10M is 200T, and this number is greater than the whole worlds fiat market, this make this dream impossible, the most legit estimate about bitcoin value in the future is at best 100k, at least math say so but everything could happen i think

allthingsluxury

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I really don't think we'll ever reach that point. Something incredibly drastic would have to change in global markets, a change that might be pretty damn ugly.

Leonard2016

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Quote from: supergenics on February 15, 2017, 10:25:58 AM

With such a high value, the number of transaction per second will need to follow up... but we are still stuck at non-segwit 1MB block. Only when we all solve the current stalemate, the value will break the $1000+- psychological barrier...

the block size will only affect adoption of bitcoin as a currency, and although it may also affect price but it can not stop it. price will go up because people treat bitcoin as an investment anyways.

and besides the block size will be fixed one way or another, the miners can not ignore the problem forever and continue like this.

CyberKuro

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I believe in bitcoin, in a century (approximately 100 years later) our grandchildrens should find out about it instead of most of us that will going to die. 1 Satoshi equal to 1 US dollar is possible though, as now just 8 years since bitcoin was invented but the price has reach $1000/BTC1. Nothing is impossible for bitcoin in 100 years but no one could predict it right.

Bitcoinsummoner

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Well we do not know what will be happen in the future and i think 1 satoshi can be possible i the future but it takes long time or i think we will be die first before we can experience the price 1 sat to 1 usd..

supergenics

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With such a high value, the number of transaction per second will need to follow up... but we are still stuck at non-segwit 1MB block. Only when we all solve the current stalemate, the value will break the $1000+- psychological barrier...

RhodaGila

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For the moment nothing is unrealistic, anything can happen depends on the willingness and ability of market players and also the joint owner of Bitcoin to support all of it will happen.
All the instruments, supporters and others will increasingly affect and potentially it could be realized and achieved, so I guess anything can happen, for when, only time will tell later.

7788bitcoin

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Quote from: AtomicProject on February 15, 2017, 09:41:06 AM

i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.

I think this is definitely possible... the question is, how much will each dollar worth at that time? If we can buy one loaf of bread with $1 now, perhaps we will need $1000 or $10,000 for a loaf then...

Maybe we should measure value using the price of bread, which is more closely related to our daily needs...

wpd

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Quote from: Roboabhishek on February 15, 2017, 10:08:08 AM

I am sure that bitcoin will rise in the near future but I don't think it will rise that high ..
That amount is insane and I doubt bitcoin will ever be that worth

I think politics and the need for decentralized currency will largely determine if bitcoin will remain stable or skyrocket. I also think smartphone availability in less developed countries will help the value of bitcoin.

Roboabhishek

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I am sure that bitcoin will rise in the near future but I don't think it will rise that high ..
That amount is insane and I doubt bitcoin will ever be that worth

AUDREY23

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patient all need process just enjoy the process, then you can feel if bitcoin costs always go up every year of her journey follow the flow of bitcoin

raphma

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i dont see it too unrealistic, assuming bitcoin community solve a few problems(like hours of queue to see a confirmation) and it will be needed a lot of time to see such a price, me and you will probably never see that.
another problem would be the price of the transaction... if one satoshi = 1 dolar, miners would be asking for what? 10k dollars to mine a block(10k satoshis)? why would someone use bitcoin in that case?

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Quote from: Zadicar on February 15, 2017, 09:50:35 AM

I don't think so that we could able to reach this pricepoint and also its too unrealistic prediction of the price because seeing on the price movement of bitcoin we can't reach that price no matter what but we'll nothings impossible though.

yes it like good sounds but i mention not in some year it could be happen after alot of years

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I don't think so that we could able to reach this pricepoint and also its too unrealistic prediction of the price because seeing on the price movement of bitcoin we can't reach that price no matter what but we'll nothings impossible though.

AtomicProject

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i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.

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