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Topic: Future of Bitcoin - page 4. (Read 1086 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
January 31, 2019, 08:34:13 AM
#26
this is just another newcomers who has been misled by the empty promises that the altcoin pumpers had made him. you see when newbies enter this market they encounter a big wave of advertisement that is overselling a useless product called "altcoins" then they slowly start believing in their lies whereas if you bother looking at any of these projects and analyze them you can see that none of them have any kind of advantage as they all promise. in fact many of them are severely flawed.
you don't even have to know any kind of programming or be an expert in blockchain technology, about 80% of the altcoins will be clearly shitcoins only if you download their wallets and send/receive some coins.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
January 31, 2019, 08:00:54 AM
#25
The future of bitcoin is very bright. Because people of all over the world involving themselves in online virtual currency, they are interested in using Bitcoin as their daily purposes. Shopping, shipping, travelling, marketing, trading, gambling, online casino are managed by Bitcoin and others online virtual currency.
We are not sure there will be a bright future in bitcoin because as of now many people already lose their hope. Even bitcoin have multiple uses there is no assurance that it will have bright future. If we want to have bright future of bitcoin we need to support it until it is accept by all countries and government.
newbie
Activity: 57
Merit: 0
January 31, 2019, 02:56:59 AM
#25
bitcoin is king

bitcoin is future

long lives bitcoin 
full member
Activity: 798
Merit: 121
January 31, 2019, 02:42:18 AM
#24
There are more and more improvements everyday but I still think bitcoin is the most popular crypto so it has a lot of people mining it so it'll still be  the most popular in the future. Although other cryptocurrencies are getting more and more popular
Bitcoin become progressive cause more improvements we see everyday, and all over the world known bitcoin now because of his benefits it become more popular now and future too and other cryptocurrency are also increasing.
sr. member
Activity: 546
Merit: 250
January 31, 2019, 06:25:02 AM
#24
The future of bitcoin is very bright. Because people of all over the world involving themselves in online virtual currency, they are interested in using Bitcoin as their daily purposes. Shopping, shipping, travelling, marketing, trading, gambling, online casino are managed by Bitcoin and others online virtual currency.
Indeed! as you can see the price of bitcoin it is so much far from its price about 4 -5 years ago meaning there is really an significant development for bitcoin plus the countless adaptation from different big named companies around the globe. There is really a bright future not just for bitcoin but the whole blockchain system and its covered matters.
full member
Activity: 1218
Merit: 105
January 31, 2019, 06:01:39 AM
#23
bitcoin is constantly improving and evolving, and so far it has been the best cryptocurrency that has been created because it is at a balance between all the features. it is not going all out on one thing to sacrifice everything else. like having faster transactions without decentralization.

of course like any technology it has only so much to improve but we have at least another 50 to 80 years before we see something that can beat bitcoin in its game.
You have a point about that, sacrificing the decentralization with a faster transaction is not a good idea in my opinion because Bitcoin is decentralized and no one controls it but the majority of the people hodling it determines its value. As what I see, the future of Bitcoin will be awesome even there is a lot of negativity spreading all over the crypto space I am still optimistic and will still believe in Bitcoin's technology and progress to the following years ahead. That 50 to 80 years is so long but I guess it those years the technology had grown dramatically and the usage of paper money could be at minimal because the majority of the people is using Digital type of currency or Crypto Currencies.
legendary
Activity: 3080
Merit: 1353
January 31, 2019, 05:55:21 AM
#22
I don't think that bitcoin will replace fiat currency, because there are still many people who don't understand cryptocurency, but I assume if bitcoin will lead the beginning of human beings with a transparent

There's no one saying that any crypto will replace fiat though. Fiat won't go obsolete, so we should learn to take advantage of both systems and there should be no argument about crypto taking the place of the old and traditional fiat system.

As far as the future, everyone say's that it has a good future. It's a revolution that has existed for the last 10 years and will continue to go on, regardless of the negatives people throwing at it. Yes, the bubble has been burst and yet people are still behind it either as medium of payment or store of value (SoV).
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
January 30, 2019, 11:38:47 PM
#22
Linking the current price with the future of Blockchain and Bitcoin technology is something very wrong. Both have a great future, we only need a greater adoption of both, something that can only be achieved with time
People still strongly believe in bitcoin. in fact, many of them have made progress by being part of the current project. blockchain is indeed a new thing and will also become a new industry later
newbie
Activity: 109
Merit: 0
January 31, 2019, 05:15:41 AM
#21
I agree with you. I also think that crypto and blockchain will develop and evolve, however I don't think bitcoin will always hold the first position. You are right it's somewhat of a forefather of cryptoverse but some day it will become more of a legend, more of a trophy. It does not mean the price will drop, quite the opposite, but I don't think BTC will become a full medium of exchange.
hero member
Activity: 1316
Merit: 407
Top Crypto Casino
January 30, 2019, 10:12:11 PM
#21
Linking the current price with the future of Blockchain and Bitcoin technology is something very wrong. Both have a great future, we only need a greater adoption of both, something that can only be achieved with time
sr. member
Activity: 658
Merit: 250
January 31, 2019, 04:34:07 AM
#20
I don't think that bitcoin will replace fiat currency, because there are still many people who don't understand cryptocurency, but I assume if bitcoin will lead the beginning of human beings with a transparent
full member
Activity: 688
Merit: 106
January 31, 2019, 05:10:37 AM
#20
Since I got more knowledge about Bitcoin and Crypto and all that Blockchain stuff I am thinking about it's future. I'm sure, that those crypto/Blockchain Coins will be part of the Future and that maybe they will replace Fiat. But at some points I'm thinking that the Coins which will lead the future won't be the Bitcoin. The Bitcoin is the native Coin, and the most important at the moment. But in some Points I don't see the Future in Bitcoin.

1. During the Hype the transactions costs where at 10$, who wants to pay 10$ if he want to buy a coffee in the coffee shop around the corner. Furthermore the confirmation of those transactions were very slow. It took too much time for daily usage. Sure, Lightning should solve the problem, and all ppl which are involved in it are saying what a nice technic and that it will be the Future. But the not technic customer has no idea how to use it.

2. In my opinion POW-Systems are also not sustainable for the future. In a world where sustainability and environmental friendliness gets more important, POW is a waste of energy. And, it's not even profitable anymore.

3. Decentralization, the best argument for Bitcoin is the decentralization. But it can also be used against the Bitcoin. Because it isn't as decentralized as it should. 5 Pools would have more than 51% of the total hash rate. It sounds not real, that they would do a 51% attack on BTC, but nobody says that it won't happen in the future.

All those are points against the Bitcoin, but I would like to know what you think about.
Some bitcoin investors are losing hope about bitcoin because of its price and many of them thinks that bitcoin is already dead but of course we have to stay positive. Bitcoin will not remain in this kind of hard situation , its going to be recovered soon. I think in next several years bitcoin is already adapt by some countries! Its shows some improvements and its a great news.
member
Activity: 949
Merit: 48
January 31, 2019, 05:04:08 AM
#19
I believe that the future if bitcoin is really brighter than today. Bitcoin will become more useful in the near future because of the continuous growth of the people who use internet and I believe that someday bitcoin will become the most amazing way of payment and investment and many people will surely earn on it.
legendary
Activity: 1414
Merit: 1001
January 31, 2019, 04:21:37 AM
#18
There are more and more improvements everyday but I still think bitcoin is the most popular crypto so it has a lot of people mining it so it'll still be  the most popular in the future. Although other cryptocurrencies are getting more and more popular
Bitcoin become progressive cause more improvements we see everyday, and all over the world known bitcoin now because of his benefits it become more popular now and future too and other cryptocurrency are also increasing.
More and more place facilities that accept payments via Bitcoin. Things like this are very good because then Bitcoin users are increasing and causing the price of Bitcoin to increase. I am so optimistic that the future of Bitcoin will be very bright and this is the beginning to reach a much better era of digitalization.
member
Activity: 784
Merit: 21
January 31, 2019, 03:45:16 AM
#17
Everything is going smoothly for bitcoin and cryptocurrency in general I get less worried as far as the market cap keeps growing and many new experts are getting into cryptocurrency and if this continues we will have a better crypto community and soon it will be a must for every one including those who have no interest now
newbie
Activity: 3
Merit: 0
January 31, 2019, 03:09:16 AM
#16
Bitcoin is a standout amongst the most generally acknowledged cryptocurrencies. From online vendors to physical shops, many specialist co-ops have begun tolerating bitcoin alongside fiat money (ie, ordinary monetary standards, for example, AUD, USD and EUR). You can utilize bitcoin to buy different items and administrations, for example,

Hardware, programming and gear.

Flights and travel courtesies.

Gambling (The bestbonusbitcoin.com allows you to review & play with the best bitcoin online casinos).
jr. member
Activity: 182
Merit: 1
January 30, 2019, 11:41:41 PM
#15
I think the future of bitcoin is also promising as well as a bright future, because bitcoin is also a great way to make investments and transactions for ways to get good profits in a short time and also good in the long term, by buying cheap prices and waiting for price increases high, so you will also get more profits.
full member
Activity: 686
Merit: 227
January 30, 2019, 02:07:52 PM
#15
I think that the future of Bitcoin is that it becomes digital gold and get stability. Now, few people try to pay Bitcoin. But I think Bitcoin will be money in the future.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
January 30, 2019, 09:54:03 PM
#14
Since I got more knowledge about Bitcoin and Crypto and all that Blockchain stuff I am thinking about it's future. I'm sure, that those crypto/Blockchain Coins will be part of the Future and that maybe they will replace Fiat. But at some points I'm thinking that the Coins which will lead the future won't be the Bitcoin. The Bitcoin is the native Coin, and the most important at the moment. But in some Points I don't see the Future in Bitcoin.

1. During the Hype the transactions costs where at 10$, who wants to pay 10$ if he want to buy a coffee in the coffee shop around the corner. Furthermore the confirmation of those transactions were very slow. It took too much time for daily usage. Sure, Lightning should solve the problem, and all ppl which are involved in it are saying what a nice technic and that it will be the Future. But the not technic customer has no idea how to use it.

2. In my opinion POW-Systems are also not sustainable for the future. In a world where sustainability and environmental friendliness gets more important, POW is a waste of energy. And, it's not even profitable anymore.

3. Decentralization, the best argument for Bitcoin is the decentralization. But it can also be used against the Bitcoin. Because it isn't as decentralized as it should. 5 Pools would have more than 51% of the total hash rate. It sounds not real, that they would do a 51% attack on BTC, but nobody says that it won't happen in the future.

All those are points against the Bitcoin, but I would like to know what you think about.

1. This is not going to happen anymore. There is segwit and Lightning network now, TX fees are at the lowest and will get even lower in v18.
2. You answered the solution yourself. BECAUSE its not profitable, the last remaining miners will be those using free renewable energy.
3. There is no need to use those pools, and unless one gets all 51%, it doesn't matter. Any attempts to do this gets more and more expensive.

There is no doubt that Bitcoin has adapted to the challenge, thanks to its community of developers, miners and node operators. It has resisted attacks, forks, and drama. 10 years and counting, no blockchain reversals or hacks, it has kept its promise unlike certain altcoins...
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
January 30, 2019, 03:47:54 PM
#13
Why has this thread about the future of bitcoin become a trend is it just another form of post count.
No one is a fortune teller and can't be accurate in predicting the future of bitcoin.


Agreed in that we cant really predict the price so these types of threads are only FOMO, fear of missing out.
I am sure there are a few insiders who can a better diea of what the price may become and when but they arent going to be sharing that information with the public.
If price is a total concern for you you might want to leave.
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