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Topic: Future of Bitcoin Economics - page 14. (Read 34336 times)

full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
November 05, 2017, 08:20:27 AM
Future of bitcoin economic is depends on mass adoption of bitcoin.we believe the price will rise up.
You are right if more people will buy the bitcoin they will get more and more value but if you will hold the bitcoin for the huge profit you will be able to have more profit, it is the time to invest more and get more profit, I am using the signature campaign and I know my income will get more and more high as much as the other people will invest and the bitcoin will become very famous.

Actually most of the investors are business man and the value of bitcoins is keep on increasing because there are a lot of demands and the traders are just holding their coins that's why the value is keep on increasing.
newbie
Activity: 50
Merit: 0
November 05, 2017, 08:12:29 AM
Bitcoin for now isn't just a currency anymore. As my view, more and more of my friend are concerning about Bitcoin. I think Bitcoin now can be reviewed as an industry that can make trillion dollars each year for us. An industry that exist on the internet, the blockchain technology and we can connect to it at everywhere in the Earth.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 05, 2017, 08:05:56 AM
In my opinion, Bitcoin is cryptocurrency of future. Now very few people deal with cash - they prefer doing everything using credit/debit cards. A rare person now remembers when he kept all his money at home.
Meanwhile, doing bank operations, people hate to pay commissions for it and withdrawal in ATM costs too. BTC gives all chances to get rid of many commissions.
Bitcoin economic will flourish.  Wink

Well, but what about transaction fees? Right now it is around $4 for a fast transaction. I think Bitcoin is a great tool for transferring huge amounts, but not so good for the small ones. Maybe this problem will be solved in the future and then indeed Bitcoin will be used more than credit/debit cards.

Also, I don't know where you from, but where I live many people, me included, still use cash mostly in their daily lives.
full member
Activity: 252
Merit: 100
November 05, 2017, 06:23:48 AM
I think the future of bitcoin economics will be huge one that influence other economy of different countries. By the help of the people the bitcoin will be the great thing the have.
full member
Activity: 280
Merit: 101
Blockchain with a Purpose
November 05, 2017, 06:04:59 AM
The future of bitcoin is maybe good or worst, and this depends upon the support of everyone users. But if this cryptocurrency will boost its value and i guess its future is really great that everyone really aim for the success of bitcoin.
hero member
Activity: 896
Merit: 500
November 05, 2017, 05:00:54 AM
In my opinion, Bitcoin is cryptocurrency of future. Now very few people deal with cash - they prefer doing everything using credit/debit cards. A rare person now remembers when he kept all his money at home.
Meanwhile, doing bank operations, people hate to pay commissions for it and withdrawal in ATM costs too. BTC gives all chances to get rid of many commissions.
Bitcoin economic will flourish.  Wink
sr. member
Activity: 434
Merit: 250
November 04, 2017, 02:21:38 AM


The future of bitcoin is dependent on the users , supply and demand of the bitcoin. These 3 economic factors will determine the future of bitcoin. Looking at the present scenario it can be said that bitcoin's value is going to stay high for a long time . In the future it may also surpass $10k.
full member
Activity: 364
Merit: 123
November 03, 2017, 08:36:39 AM
The OP is right in saying no one can accurately predict the future of bitcoin, it seems as though there is still a way to go with many people still able to invest and adopt bitcoin, but many things remain unclear and there will be many roadblocks for bitcoin to overcome.
full member
Activity: 462
Merit: 100
November 03, 2017, 08:33:51 AM
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Many countries are now trying to consider the whole idea of bitcoin, so I assume that it will be good for the economy of bitcoin. One great news is the fact that Amazon will also accept bitcoin. With bitcoin circulating around, there's no doubt about it's success.
member
Activity: 434
Merit: 10
November 03, 2017, 07:07:05 AM
the future of bitcoin economy will be better than it is now. if more and more bitcoin users will drive the bitcoin economy. the rising bitcoin price makes me even more diligent in finding bitcoin.

So far so good as price is rising people who had made good amount of investment in this segment are reaping the rewards and making their money grow quickly which is not possible anywhere else. Considering this demand may increase more when we have more good news and prices are tend to rise .

sometimes you have to think that bitcoin are more than just about price , people nowadays really almost lost their idealist thought about how bitcoin should be used as a currency just like fiat in real life .

just the matter how people can completely accept bitcoin as their payment tool , and i am a little bit pessimistic it could be done sooner.

Economists is afraid of crypto because it can lesser the transactions and many of them will be affected and fiat money would be less useful in the future.Bitcoin and other altcoin will dominate in the future because people want fast and hassle free transaction.Never afraid of crypto but be positive in it because many were given chance to be rich.
member
Activity: 392
Merit: 10
November 03, 2017, 04:53:47 AM
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

the future of bitcoin depends on many factors if bitcoin enthusiasts get more then bitcoin will last very long and also the influence of technology whether a country more advanced with the technology or the more backwards the most influential is the bitcoin enthusiasts themselves
newbie
Activity: 11
Merit: 0
November 03, 2017, 04:35:26 AM
It will become big easily and it will reach a lot of height by the time and a lot of people are starting to know about it because of the advertisements on our cellphones and laptops it is too bad they do not advertise on tv.
legendary
Activity: 2674
Merit: 1048
November 03, 2017, 03:43:47 AM
the future of bitcoin economy will be better than it is now. if more and more bitcoin users will drive the bitcoin economy. the rising bitcoin price makes me even more diligent in finding bitcoin.

So far so good as price is rising people who had made good amount of investment in this segment are reaping the rewards and making their money grow quickly which is not possible anywhere else. Considering this demand may increase more when we have more good news and prices are tend to rise .

sometimes you have to think that bitcoin are more than just about price , people nowadays really almost lost their idealist thought about how bitcoin should be used as a currency just like fiat in real life .

just the matter how people can completely accept bitcoin as their payment tool , and i am a little bit pessimistic it could be done sooner.
hero member
Activity: 1036
Merit: 500
November 03, 2017, 02:40:28 AM
the future of bitcoin economy will be better than it is now. if more and more bitcoin users will drive the bitcoin economy. the rising bitcoin price makes me even more diligent in finding bitcoin.
If faucets are to continue being as they are now when Bitcoin reaches a rate like $50,000 then it will be really good, though my mind is kind of telling me that is money laundering. By the way, if Bitcoin is to continue going up to a higher rate things will change, faucets might close down entirely and cloud mining won’t make any single sense and it might become hard to earn Bitcoin except if you’re going to invest your money, trade or offer services for it.
member
Activity: 140
Merit: 10
Feeling Relax in Underpressure
November 02, 2017, 12:22:58 PM
BTC will be one of the main currency in the world future.
BTC price will increase rapidly. So We all will use BTC soon.
hero member
Activity: 980
Merit: 502
November 02, 2017, 12:09:08 PM
Bitcoin bring many revolutionary changes in the field of economic. In near future bitcoin will be control the economic of many countries. Due to this reason some country will be ban bitcoin in the future. Bitcoin provide safe and secure money transaction. Due this kind of technology many people involved in it and this is become a new threat for many banks. Bitcoin works as a backup money of many families and control economic of many people. So in the near future it will be economic saviour for many families.
full member
Activity: 672
Merit: 127
November 02, 2017, 10:57:52 AM
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

I think bitcoin will be one of the most successful thing that happened in this century in which it contributes a lot from each country's economic status, I think it will help our very own industry to lessen society's currently issues and it may be solved by bitcoin or some of it. Bitcoin will be proxy type of income for those who doesn't have stable job yet, and it is very helpful.
You are right it is not just the speculation but all the things are involved the economies is increasing the bitcoin and the value of the bitcoin will be more than this in the future as fast as the bitcoin getting in the economics and the other department are now having eh bitcoin and they will increase the money in the bitcoin for sure and the bitcoin will have the bright future now.

Indeed the price of BTC in the end will not be relevant, it already made some of the early adapters rich and it might continue to rise and shine, More important for me is that BTC is the first world currency. It has the potential to simplify business transactions around the globe! The reduction in cost that global businesses could have by using one currency could be tremendous and hence BTC would create more value and more global economic growth.

Just don't forget that there's still a risk in bitcoin because of its volatility. Many of the traders are enjoying the ride of bitcoin to the moon but always remember the risk and its not simple if the bitcoin will be dump easily because of strong pull. But just hold on to it and it think there will be a bright profit to it and patience is your weapon here.
full member
Activity: 196
Merit: 100
November 02, 2017, 10:55:14 AM
Yeah, kinda agreed with what your opinion was. because who knows when will bitcoin demand will touch the least point of bitcoin history after it rises to the sky like just now and keep rising  Smiley it prices depend on any issue too and user of bitcoin itself  Smiley
sr. member
Activity: 1792
Merit: 264
November 02, 2017, 10:40:46 AM
As long as people are still adopting Bitcoin, Bitcoin will survive. The more people who operate Bitcoin, the higher the value of Bitcoin. and as long as Bitcoin still shows its existence, Bitcoin will provide its distribution to the economy of its users, it is the law of Bitcoin, though no one can predict with certainty, I think Bitcoin will still exist in the future.
full member
Activity: 845
Merit: 100
November 02, 2017, 10:22:45 AM
I'm sure the bitcoin economic future will be greatly improved, this is because all the loyal users and new users continue to grow so it will improve bitcoin performance.
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