Topic: Future of Bitcoin - page 3. (Read 1601 times)

Numerous new currencies are being created in the crypto market every day, so newcomers are more likely to enter crypto from ico and Airdop, making them more familiar with Altcoin than Bitcoin, and Altacoin is adding new ones every day. A lot of times the ones that look good are also scammed after a few days, so from what I've seen, what I've seen is nothing compared to Bitcoin. No Coin / Token Bitcoin if you keep it in your waller after 4 years. If he comes, you will see that you have benefited in many ways, and if you keep altacoin in your waller, you may not find it after four years.

Hello everybody. It is very difficult to imagine what will happen to Bitcoin even tomorrow, and here they talk about the future of Bitcoin. Due to the fact that the computing capabilities of computers are growing at a cosmic pace every year, I'm not sure that Bitcoin has the ability to occupy the forefront in the cryptocurrency community. Even today there are coins that are elementary from a consumer perspective, faster and cheaper to use. If we are talking about the widespread use of cryptocurrency in the future, ease of use is no less important factor. Speaking about cryptocurrency, in general, I think that no one will argue with the fact that over the years, the use of cryptocurrency will be much easier and the primacy in various economic processes will not be disputed.

There are several thread that talks about the Future of Bitcoin but still there is no accurate answers from the thread creator.
Bitcoin has a Future that is what we are sure off but literally ?nope there are no accurate answer so far but i believe that in the next couple of months another High will be reach like what the past halving brings us.
Hopefully with in this 3rd quarter changes will happen.

The reason that people are not willing to invest their future in bitcoin is a simple reason that they can't afford the price. If you are to invest in bitcoin without an emergency fund and you are investing money that you will need then in no time you will withdraw it back. The other reason would be the xenophobia of people when exploring new things, remember when they believed that it will not go from 1 dollar, how about the time when they believe the bubble will burst?
The thing to do right now is to trust and have faith that bitcoin will grow further and build a better future. The hype was real and people are going to regret when the price strikes an all time high.

I think this is very true. Maximum of our investors come here to invest instantly and think they will also take their benefit instantly. As a result they lose. So what of that business impact? Impact is cryptocurrency is bad, nasty...etc. Actually investor must have to proper knowledge in which coin he going to invest, what is its roadmap, how many tokens in market, what their portfolio etc.

Seeing at the function of bitcoin now is far from the function of money fiat, this is in my perspective side who lives in the country that only use bitcoin as an investment place (government regulation).

I can't imagine if there is someone in my country who use bitcoin like money fiat maybe he will be jailed immediately. Most of bitcoin user only choose bitcoin as an investment place and side income as well.

Maybe it is just because the utilization of money fiat is still being used by most people. They haven't known the another bitcoin function and some features which takes by bitcoin. So, I only see bitcoin in the future will be like new stock market so as everyone can uses it as an income.

Anyway, Bitcoin is going to be the cryptocurrency with the longest life cycle. It is the crypto gold; all altcoins and even ethereum don't have the ability to remain in the market for so long as BTC. To be honest, I din't quite understand why. I think that's the privilege of being the first...

Indeed, bitcoin is that the main money can Fulfill the world's monetary needs. Unpredictability will diminish after a while because the market develops. Market developing significance the value are going to be ordinarily what it's today as client appropriation becomes exponentially throughout the subsequent 10 years. Lightning Network are going to be utilized for day by day installments and can be utilized like Android Pay and Apple Pay are utilized today. it'll presumably take 10 years from express 2020 to 2030 to be used of Bitcoin as an installment medium to show into a reasonably standard thing.

"Even with the dreary winter weather approaching, the outlook remains sunny for crypto enthusiasts. The view on the international markets reveals a rallying of prices and greater acceptance among traditional banks.

For starters, Bitcoin recently recovered its value after a sharp drop. The price of the popular cryptocurrency reached its high of $7,870 on Friday, before settling in the $7,200-7,500 range. Bitcoin futures also continue to grow in popularity. According to Skew portal, the total trading volume in bitcoin futures markets reached $5 billion per day.

Top banks in Germany and Japan welcome cryptocurrency

More positive news came from Germany, the European Union’s economic powerhouse. The German Parliament passed a law allowing financial institutions to purchase, sell and keep bitcoins and other cryptocurrencies. These new regulations came into effect on January 1st, 2020. With German banks on board, the new decade will be a good one for crypto traders.

Meanwhile, in Japan, the Mitsubishi UFJ Financial Group (MUFG) is set to co-launch a “digital currency” and mobile payment service in conjunction with the Japanese human resources network, Recruit. MUFG is one of Japan’s largest companies and the world’s fifth largest bank per S&P Global.

Beat the banks with the best way to exchange crypto

The cooperation of banks shows how crypto and fiat currencies are building closer relationships. Crypto traders want to be able to make fast and fair exchanges between cryptocurrencies like Bitcoin and fiats like dollars or euros.

The best way to make these exchanges are through a trusted crypto exchange platform like StormGain. Thanks to an agreement with the international payment processing company Simplex, StormGain users can safely buy most popular cryptocurrencies with a regular bank card. In addition, StormGain offers low and transparent exchange rates and 24/7 liquidity on all assets, so users can expect fair rates and fast transfers at any time of day.

StormGain offers low and transparent exchange rates

Crypto trading has never been easier

One of the reasons why banks are becoming increasingly more open-minded, when it comes to crypto, is that trading cryptocurrency is now much more accessible to ordinary people. Thanks to modern technology, anyone can trade or exchange cryptocurrency on their home computer or even a smartphone.

StormGain continues to be the safest way to trade and exchange cryptocurrencies for newcomers and crypto veterans alike. The StormGain platform enables buying, selling and exchanging on a user-friendly smartphone app, in addition to offering new users a demo account and training materials to quickly make them crypto trading experts.

Want to be prepared for the crypto financial era coming in 2020? Then StormGain is the best place to start. It only takes 5 seconds to register and it has all the tools you need to be ready for the crypto revolution."
(c)

That's a hype basis kind of investment if a person invested because someone suggested it without further study. This actually happened a few years ago when we're on the all-time high moments. A lot of people invested due to the emotions that they feel and the need to invest because they were in FOMO stage. And the results, yes, we knew what happened next.

Exactly, people who are trying to invest in bitcoin, they need to have some knowledge about it before doing that, I mean it's probably risky for them to invest in the wrong time and also they need to know a lot of stuffs regarding it.

Bitcoin future is safe till reach the whole number of mining.Bitcoin will be mined till 2040 and its a long process there will many developments will take place.Its also possible another coin may be alternative for Bitcoin but still Bitcoin is king of cryptomarket.Bitcoin is popular because of its volatility which give profit to traders and the investors and this is reason people attract from Bitcoin and the users of Bitcoin increases.

First and foremost, i don't really think bitcoin is the only currency that can fulfill the financial needs of the world. Blockchain technology is the technology that will revolutionize the world and bitcoin is just a digital currency that gives people the financial freedom in terms of making transactions without having limitations. Bitcoin does not really address an financial problem in terms of economy crisis...

I think in the future bitcoin will achieve success and the world will recognize bitcoin, people are having a better view of bitcoin and cryptocurrencies.
We enter 2020 with a lot of volatility in the world, tensions in the Middle East and diseases in China that make people look for an alternative currency and bitcoin has proved that it is a great choice.

Yes you have points but dont be one sided. The risks are everywhere and nobody where or when the crimes will occur and it also dont depend from person to person because even those people who are staying here for how many years can still be involve in scamming schemes. Always remember that negligence will put us in danger so always be aware and stay alert.

Yes, the risk is there. A a matter of fact I'm telling them to consider it first if bitcoin as an investment suits their taste when it comes to investments. We don't have similarities of risk-taking attitude that's why they need to look into that matter. But for someone like me that already understands it and aware of the risks that it has, I'm very happy to have it as an investment and medium of payment.

in the era of advanced technology like now, bitcoin is very good to be adopted because bitcoin is defined as an excellent digital asset as a means of payment and investment, but if you want to be a world currency I think bitcoin cannot be because if we look at bitcoin it can only fulfill parts from the Fiat currency function is as a means of payment.
Bitcoin is just an exchange and payment instruments such as gold and diamonds.

Take note: If you are going to invest in bitcoin, you must first have a knowledge about what is bitcoin so that you know what will happen to your money if you are going to invest into it. You must be mindful on every move that you are going to do since it has a high risk. Meaning, it is all or nothing. So you better have a knowledge about it first before investing to avoid the lose of money.

One world currency is not a small thing, Already Bitcoin has got the attention of the mass people but literally, it's failed to reach every corner of this digital world, Virtually it's popular but in generally Bitcoin is being used a limited number of people in many countries, it's not a satisfying scenario after completing 10 years, Yeah, 10 years is a huge time. but the thing is being changed because people's perception has been changed in recent time, without the mass people contribution, this platform will not go far, so Bitcoin or cryptocurrency education is very essential to me, I think only bitcoin education could gain the mass people's credibility. it's the only way to make more flourish around the world.

Investing in Bitcoin is profitable as well as it is risky too if you don't have trading/speculating skill.
There are many people who lost both of their profit and investment for lacking of skill.
My opinion for new comer, don't invest in any alt just seeing only bump and dump,
before investing in any coin look at the market volume, total supply, popularity, exchange rate and previous history.