Future of Bitcoin | Bitcointalksearch.org

richminded

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Quote from: CrownPolly on September 17, 2017, 11:38:02 AM

Quote from: cipher-x_09 on September 17, 2017, 08:09:54 AM

I doubt it will be a legalized especially the central are handling the overall transaction of banks in every country, I think government will hinder the uprise of bitcoin

Yes, the government will try to ban bitcoins and make it illegal. But this will not stop the development of the crypto currency. This process can not be stopped - the crypto currency conquers the world

Government may wanted to ban bitcoins but still bitcoin will surpass all these challenges. Bitcoin proves itself that is stronger than before, a lot of people are now adopting bitcoin, the demand are really increasing and the future of bitcoin is really good. I believe on this one and will benefit for the success of bitcoin in the future.

crairezx20

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Quote from: Wind_FURY on September 15, 2017, 05:47:28 AM

Do not listen to any high profile banker talking about things they do not know about. The future of Bitcoin is still bright as a decentralized, censorship resistant payment system. The technology is still a "breakthrough" in case you have forgotten.

The price of course will fluctuate and Bitcoin is well known for its volatility, we already witnessed this many times. What changed? Nothing.

Bitcoin is unpredictable because its decentralized and no one will know what will happen with bitcoin .. the future bitcoin is good and there are lots of company right now are using bitcoin as payment gateway or payment methods. .
For now we are seeing price drop as we know only news from well known website are can give more impressions for other people to know if the price can be decrease or not if there is a bad news about bitcoin expect that trends reduce and high selling on the market..

Future bitcoin i think that bitcoin can stay for long and the price will increase more there are many business hoping for bitcoin to be stay as alternative payment method for their business.. there are lots of investors too are stay holding and wait for the right time to sell them just to get the benefits of the price increase..

BitHodler

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Quote from: gilangIDR on September 18, 2017, 06:11:53 PM

The future of bitcoin depends on bitcoiners treating bitcoin as a very important currency or not.

Bitcoin for most people will likely always remain an investment option, and that's ultimately what's attracting a lot money from all sorts of entities around the world.

Another aspect of Bitcoin I can see gain a lot usage in the coming years, is the store of wealth aspect. It will be a major price driver because it will make sure that a lot of circulating coins will be kept off the market for quite a long time.

The currency aspect is something that will also gain more usage throughout the years, but it will severely lag behind the afore mentioned aspects ~ people don't feel comfortable spending something that might explode in value.

taibas

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Proof-of-Stake Blockchain Network

fiat Currency requires a bank if you want to transact with an outsider, but with bitcoin with any country you make your transaction does not need to go through a very complicated bank (if the country receives bitcoin).
Bitcoin will be our currency all in the future, so it's very clear that bitcoin will stay alive forever

gilangIDR

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Quote from: kevinn669 on September 18, 2017, 05:04:45 AM

I'm sure that soon bitcoin will show us an excellent price. Now the price is growing and most likely this will continue for several weeks. The price will again reach 5000, and then go up

Bitcoin prices will increase as we often use bitcoin as a medium to transact in various aspects of everyday life. So we also have to do something when wanting a good bitcoin future. Due to increased volume and more and more use bitcoin it can increase the value of bitcoin price in the global market. The future of bitcoin depends on bitcoiners treating bitcoin as a very important currency or not.

greeklogos

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Some people ane even experts are saying bitcoin is a babble. But actually I don't care sbout the pop so much, cause of I don't plan to hold those coins. I don't want to leave with fear about that one moment everything is going to be over, so I plan to cash out all my earnings monthly to feel safe.

LuciferAB

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I think Future of bitcoin is very very bright. Their are so many online hidden currency but among them bitcoin is most famous and trustable hidden currency. Bitcoin is gradually spread all over the world. Most of teenagers, housewives using bitcoin as a part time job.

kevinn669

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I'm sure that soon bitcoin will show us an excellent price. Now the price is growing and most likely this will continue for several weeks. The price will again reach 5000, and then go up

nidacoinlove

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Quote from: hase0278 on September 17, 2017, 04:53:34 PM

Quote from: parra5891 on September 15, 2017, 04:18:30 AM

Is Bitcoin nothing more than a bubble??

If Bitcoin was to become truly mainstream and gain traction in the everyday market place, governments would not allow it. That they would shut it down or introduce such measures as to make the currency unworkable for the majority. Dimon said that it is far more likely that the establishment would use the idea and technology of digital currency block chain to enhance its own FIAT currency, than to allow an uncontrolled and decentralized currency usurp it's financial power and authority of markets and it's people!!

I know which side of the argument I will be supporting, but what are your thoughts on where you truly believe and expect the future of the Bitcoin to lie?

Cheers

Bitcoin is not just a bubble that's what I think for now and if it truly became mainstream and have gained attraction in the future, for sure what Dimon said might happen but there is a chance that this will not happen. In the future though even if government did made digital currency to enhance their fiat currencies, people would still opt to use bitcoin for it's decentralization rather than the centralized currency made by them. I only hope that by that time a way to crack private keys has not been discovered yet.

Well Jamie Dimon, he lied to all about the bitcoin I have no believe in his statements they are just to be put into trash. If e was serious about his statement his company would have never purchased a huge bulk of bitcoin notes. He is a whale and stated this all to manipulate the market and he did it.
While people liking and using bitcoin is not only for the reason that it is a digital currency but for the reason that it is a decentralized currency. If countries follow a blockchain and digital path for the fiat people will still prefer bitcoin instead of digital fiat. Bitcoin represents the power and interest of the people worldwide while fiat represents a specific country and its interest. I am confident that my first choice will be non other than Bitcoin.

Hamstead

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Quote from: cipher-x_09 on September 17, 2017, 08:09:54 AM

I doubt it will be a legalized especially the central are handling the overall transaction of banks in every country, I think government will hinder the uprise of bitcoin

It is not possible if the government have a steps towards bitcoin or any cryptocurrencies that can be legalized. We know that bitcoin community will opposed with that but it is a process. And if the government will declared it publicly there is nothing we can do with that is just to follow. Anyway, we can also benefits with this and the entire community.

hase0278

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Quote from: parra5891 on September 15, 2017, 04:18:30 AM

Is Bitcoin nothing more than a bubble??

If Bitcoin was to become truly mainstream and gain traction in the everyday market place, governments would not allow it. That they would shut it down or introduce such measures as to make the currency unworkable for the majority. Dimon said that it is far more likely that the establishment would use the idea and technology of digital currency block chain to enhance its own FIAT currency, than to allow an uncontrolled and decentralized currency usurp it's financial power and authority of markets and it's people!!

I know which side of the argument I will be supporting, but what are your thoughts on where you truly believe and expect the future of the Bitcoin to lie?

Cheers

Bitcoin is not just a bubble that's what I think for now and if it truly became mainstream and have gained attraction in the future, for sure what Dimon said might happen but there is a chance that this will not happen. In the future though even if government did made digital currency to enhance their fiat currencies, people would still opt to use bitcoin for it's decentralization rather than the centralized currency made by them. I only hope that by that time a way to crack private keys has not been discovered yet.

funnyapple

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I hope that the future of bitcoin is unbelievable and it prices achieve the high level then the other cryptocurrency so bitcoin future is better and make the more profit so people should invest in bitcoin and become millionaire.

CrownPolly

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Quote from: cipher-x_09 on September 17, 2017, 08:09:54 AM

I doubt it will be a legalized especially the central are handling the overall transaction of banks in every country, I think government will hinder the uprise of bitcoin

Yes, the government will try to ban bitcoins and make it illegal. But this will not stop the development of the crypto currency. This process can not be stopped - the crypto currency conquers the world

cipher-x_09

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I doubt it will be a legalized especially the central are handling the overall transaction of banks in every country, I think government will hinder the uprise of bitcoin

Wind_FURY

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Quote from: Febo on September 16, 2017, 10:13:39 AM

Quote from: Riddikulo on September 15, 2017, 06:00:33 AM

Bankers is mafia. They afraid bitcoin like hell!
All we need in crytpoworld - is to build decentralised exchanges! So nobody can close them!

Decentralized exchange is local bitcoins. I see at least in my country number of people using them decrease in last years. Centralized exchanges, ATMs or "prepaid BTC coupons" taking it over.

You have not heard of Bitsquare? https://bisq.network/

It is a decentralized exchange but what I have not figured out is, how does it store fiat? Who holds them and are they to be trusted?

I am not using it now, but it may be where everyone is going if the bans on exchanges continue in other countries.

Febo

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Quote from: Riddikulo on September 15, 2017, 06:00:33 AM

Bankers is mafia. They afraid bitcoin like hell!
All we need in crytpoworld - is to build decentralised exchanges! So nobody can close them!

Decentralized exchange is local bitcoins. I see at least in my country number of people using them decrease in last years. Centralized exchanges, ATMs or "prepaid BTC coupons" taking it over.

CryptoBry

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Quote from: Wind_FURY on September 15, 2017, 05:47:28 AM

Do not listen to any high profile banker talking about things they do not know about. The future of Bitcoin is still bright as a decentralized, censorship resistant payment system. The technology is still a "breakthrough" in case you have forgotten.
The price of course will fluctuate and Bitcoin is well known for its volatility, we already witnessed this many times. What changed? Nothing.

What can we expect? Of course, since Bitcoin is supposed to be a disruptor there would always be people who will not like it, criticize it and call it by many names. The fact that there seems to be a trend of people right now saying whatever they want to say against Bitcoin can mean that the currency is now affecting as many people as possible. Now, it would be so naive to think the people to be affected will not put up a fight.

mk4

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Paldo.io 🤖

Quote from: mltbg on September 15, 2017, 06:16:45 AM

Quote from: Riddikulo on September 15, 2017, 06:00:33 AM

Bankers is mafia.

So are bitcoin miners and they control the coin. Wink

Miners do have power and control over bitcoin to a certain extent, but the point is that it isn't just one single entity. The pools are diversified into multiple entities, which is good in terms of decentralization. https://blockchain.info/pools

entrepmind23

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Quote from: Wind_FURY on September 15, 2017, 05:47:28 AM

Do not listen to any high profile banker talking about things they do not know about. The future of Bitcoin is still bright as a decentralized, censorship resistant payment system. The technology is still a "breakthrough" in case you have forgotten.

The price of course will fluctuate and Bitcoin is well known for its volatility, we already witnessed this many times. What changed? Nothing.

Jamie Dimon is saying something like that when in fact he said it himself that his daughter has bitcoins. As far as I know, he filed for bitcoin alternative many times to be patented but to no avail as SEC rejected it always so he will just say something to the enemy which is bitcoin to discredit it. He is a banker and since bitcoin is a threat to them, he will do anything just to make people believe that it would be worthless in the future so that money will continue to flow to their business.

Bitcoin is a deflationary system and this might solved the current problem of the world which is inflation. Due to its limited supply, it will continue to rise if there is always an additional demand to the coin. Blockchain is a breakthrough to the old technology and because of bitcoin which started it all, many coins follow suit in creating a technology that can solved the problem in delayed information, manipulation and other things that would be solved if the system is transparent.

parra5891

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Quote from: Wind_FURY on September 15, 2017, 05:47:28 AM

Do not listen to any high profile banker talking about things they do not know about. The future of Bitcoin is still bright as a decentralized, censorship resistant payment system. The technology is still a "breakthrough" in case you have forgotten.

The price of course will fluctuate and Bitcoin is well known for its volatility, we already witnessed this many times. What changed? Nothing.

I have not forgotten, but like the internet, it can be censored quite considerably if those in power so wish it. As for decentralization, the currency itself maybe, but those who provide us with the exchanges and wallets are the gatekeepers, and they can and will dictate and charge what they wish.

Don't get me wrong, I love Bitcoin, what it represents and the benefits it can bring, but sooner or later people with power will want to put a leash on teach it to obey.

Topic: Future of Bitcoin (Read 1048 times)