Future of Bitcoin Economics - page 34.

mirakal

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Quote from: CROYA86 on March 08, 2017, 08:43:14 PM

bitcoin's future depends on its
users transacting more intense then the continuity of bitcoin will be maintained, essentially for bitcoin users still inactive then bitcoin will always run

The reason why bitcoin is a success now is because of it's active users, there is a good amount of circulation online and that demand makes the price increase. As long as we will continue to support bitcoin there is no way it will fall but it will continue it's success which will eventually benefit the investors especially those who have invested in early stage since they are the one who will get bigger profits.

CROYA86

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bitcoin's future depends on its
users transacting more intense then the continuity of bitcoin will be maintained, essentially for bitcoin users still inactive then bitcoin will always run

Fireblade

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Quote from: bravehearth0319 on March 07, 2017, 09:11:35 PM

Quote from: dpcj on June 18, 2016, 06:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

You already answered your owned question Grin

But since nobody can't predict what will happen in the near future, I think the best we can do now lets continue to enjoy and patronize the usage of bitcoin then save some few of it for the future.

as bitcoin is the new emerging currency therefore it is expected that bitcoin will become more and more popular and that is the reason that it will be very good if we hold bitcoin for the future as in future it is expected that the price of bitcoin will increase too much and therefore it is important to hold a good amount of bitcoin for the future and get a good profit from it.

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Quote from: noormcs5 on March 08, 2017, 08:50:00 AM

Quote from: machinek20 on March 07, 2017, 05:39:26 AM

Nobody can predict the future but from the chart and the growth of botcoin seems like bitcoin will have a great future and if a lot of people support bitcoin, it will become a currency that will helped a lot of people, so bitcoin can make a better life for everyone

I agree with you dear, we cannot predict it, the growth of bitcoin value, who knows it may crash or blew up.
All we need is a continue support of the bitcoin so it will continue to give us also a very good value.

this is true, we can't really tell what can happen , as long as bitcoin performing good and having better transactions,bitcoin will keep growing and with lots of features bitcoin will be use by many with more investments in terms of bitcoin. Bitcoin is already successful but it can always be more in demand than it is now.

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Quote from: machinek20 on March 07, 2017, 05:39:26 AM

Nobody can predict the future but from the chart and the growth of botcoin seems like bitcoin will have a great future and if a lot of people support bitcoin, it will become a currency that will helped a lot of people, so bitcoin can make a better life for everyone

I agree with you dear, we cannot predict it, the growth of bitcoin value, who knows it may crash or blew up.
All we need is a continue support of the bitcoin so it will continue to give us also a very good value.

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Quote from: Lieldoryn on March 08, 2017, 08:41:43 AM

Quote from: Dimelord on March 07, 2017, 11:13:03 PM

Quote from: dpcj on June 18, 2016, 06:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Yes,we cannot predict exactly the future of bitcoin, but we can surely say future of bitcoin will be really great.The reason is more people are getting aware of bitcoins and lots of companies are adopting bitcoin as payment method.Bitcoin would replace US Dollar as global reserve currency in future.

In order for bitcoin to compete with the dollar as a whole. Earn bitcoin is still very difficult, no cash bitcoins and the spread of the dollar is much more than bitcoin. Now bitcoin is a legal tender for a very limited range of users.

but, in my opinion, it is easier to get than looking bitcoin dollars. Well, you have to look for the dollar by working hard out there, but finding bitcoin, you only need a computer and internet. I feel that it would bring economic someone be better, especially for those who have difficulty looking for the dollar.

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Quote from: Dimelord on March 07, 2017, 11:13:03 PM

Quote from: dpcj on June 18, 2016, 06:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Yes,we cannot predict exactly the future of bitcoin, but we can surely say future of bitcoin will be really great.The reason is more people are getting aware of bitcoins and lots of companies are adopting bitcoin as payment method.Bitcoin would replace US Dollar as global reserve currency in future.

In order for bitcoin to compete with the dollar as a whole. Earn bitcoin is still very difficult, no cash bitcoins and the spread of the dollar is much more than bitcoin. Now bitcoin is a legal tender for a very limited range of users.

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Quote from: Hydrogen on March 07, 2017, 10:40:48 PM

We don't need mass adoption.

We only need attractive people who are cool to support bitcoin.

That would make crypto trendy and change the image most have that its for nerds and amish communities.

And ultimately, what will be the purpose of celebrities/attractive people supporting bitcoins? Of course, it's mass adoption. Roll Eyes

You were saying that we don't need mass adoption but you just said how mass adoption will happen. I don't think nerds have a bad impression of bitcoins. In fact, they might have a really good impression of it and they might be using it right now.

Nerds (not hipsters) are called nerds because they love to study. If they stumbled upon the idea of bitcoin, they would've done their research and it's some nerdy research not just some quick google search. They'd know that all the illegal stuffs happening in the dark net associated with bitcoins are for real but it doesn't affect the bitcoin economy that much. People will use bitcoins if they want to. Those that use bitcoin's reputation to avoid using bitcoins are just looking for some lame reason to avoid exerting effort on learning what bitcoin is.

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Quote from: pooya87 on July 02, 2016, 09:58:18 PM

Quote from: dpcj on June 18, 2016, 06:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

your statement about prediction is true about anything in our lives, you can't even predict accurately if you are going to live in the next ten minutes of have a heart failure and die.

but you can see the adoption of bitcoin so far, and also the enthusiasm and interest that people show in bitcoin and merchants who show in bitcoin and then make a prediction about the future.

Definitely true in the first place that no one can actually predict, what and how will things go for bitcoin.

The news about the approval of bitcoin's ETF is a proof that people are willing and interested in the adoption of bitcoin. So let's just see if what will be the result. Here's the link about the approval of bitcoin's ETF:
http://www.coindesk.com/sec-decide-bitcoin-etf-fate-friday/

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Interface with bitcoin and blockchain have to be intuitive and easy to use if mainstream is expected to jump in

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Quote from: dpcj on June 18, 2016, 06:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Yes,we cannot predict exactly the future of bitcoin, but we can surely say future of bitcoin will be really great.The reason is more people are getting aware of bitcoins and lots of companies are adopting bitcoin as payment method.Bitcoin would replace US Dollar as global reserve currency in future.

Hydrogen

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We don't need mass adoption.

We only need attractive people who are cool to support bitcoin.

That would make crypto trendy and change the image most have that its for nerds and amish communities.

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Quote from: machinek20 on March 07, 2017, 05:39:26 AM

Nobody can predict the future but from the chart and the growth of botcoin seems like bitcoin will have a great future and if a lot of people support bitcoin, it will become a currency that will helped a lot of people, so bitcoin can make a better life for everyone

As it is decentralized it is truly hard to predict or make assumptions of the future. In future at least few countries would accept bitcoin officially as the secondary currency to their traditional currency. As of now developed countries as well developing countries are competing to make their fintech hubs for further development within the country. So can expect a brighter future along with bitcoin.

bravehearth0319

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Quote from: dpcj on June 18, 2016, 06:00:56 AM

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

You already answered your owned question Grin

But since nobody can't predict what will happen in the near future, I think the best we can do now lets continue to enjoy and patronize the usage of bitcoin then save some few of it for the future.

Snorek

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At this point we can be rather sure that there won't be mass adoption as many of us are imagining it:

- bitcoin used as direct payment method, without payment processors like BitPay
- everyone in the world using bitcoin in a p2p environment, without 3rd party companies
- no need to exchange your BTC to fiat in case you want to buy anything

It is just not gonna happen. Why because bitcoin is unfitted to fulfill global payment processor/currency role (at least at this moment).

Why? Just these 3 factors:

- confirmation times, in theory 10 min, in reality much much longer
- ridiculously high fees
- limit 7 tx/sec

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Quote from: hurain on March 07, 2017, 01:15:15 PM

Quote from: batang_bitcoin on March 07, 2017, 04:17:42 AM

Quote from: AndySt on March 07, 2017, 02:10:13 AM

Quote from: batang_bitcoin on March 07, 2017, 01:57:44 AM

Quote from: mace15 on March 04, 2017, 12:04:29 PM

The truth is its really hard to predict of whats in the future of bitcoin. It depends on the adoption and demands of bitcoin in the future. But, as far as I know it will be a good future really awaits in bitcoin.

It may hard to predict the future of bitcoin economics. But we can see and its obvious that this coin does really have a very good economy. We saw on how did it grow up and its price did increase rapidly. So I can say the future of bitcoin economics does have a big potential to be one of the most popular and best economy.

Good prospects don't deny a lot of trouble in the future so with all the development we can't say for sure what will happen tomorrow or next week. Нere we move from sadness to unbridled optimism and back again.

Well that's life and future of bitcoin economics. Let's just go with the flow and always be positive. I'm seeing that good things will be brought by bitcoin economy in the future. And I'm sure that many giants of the real market / economy will have their own interest to it.

in fact bitcoin is in now one of the most important factor of our life. and i think still it will now become essential part of our life.

There's no doubt on it because most of us now are looking for a longer term and making bitcoin as the source of our living. And there's no doubt that many of us wants to make the future of bitcoin economics to be great. That's why there are people that are doing everything they can to contribute something for goodness and sake of bitcoin economics.

hurain

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Quote from: batang_bitcoin on March 07, 2017, 04:17:42 AM

Quote from: AndySt on March 07, 2017, 02:10:13 AM

Quote from: batang_bitcoin on March 07, 2017, 01:57:44 AM

Quote from: mace15 on March 04, 2017, 12:04:29 PM

The truth is its really hard to predict of whats in the future of bitcoin. It depends on the adoption and demands of bitcoin in the future. But, as far as I know it will be a good future really awaits in bitcoin.

It may hard to predict the future of bitcoin economics. But we can see and its obvious that this coin does really have a very good economy. We saw on how did it grow up and its price did increase rapidly. So I can say the future of bitcoin economics does have a big potential to be one of the most popular and best economy.

Good prospects don't deny a lot of trouble in the future so with all the development we can't say for sure what will happen tomorrow or next week. Нere we move from sadness to unbridled optimism and back again.

Well that's life and future of bitcoin economics. Let's just go with the flow and always be positive. I'm seeing that good things will be brought by bitcoin economy in the future. And I'm sure that many giants of the real market / economy will have their own interest to it.

in fact bitcoin is in now one of the most important factor of our life. and i think still it will now become essential part of our life.

buharikx31

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The future of bitcoin depends on acceptance and confirmation, from private business, which allows people to spend theirs bitcoins on common things like: shopping, purchasing online and physical acceptation on most needed things. Sure, that it will be depending on government politics and their adaptation to this standards. Dubai already accepted bitcoin as payment system, those countries are helping with this to convey idea of no physical transaction

machinek20

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Nobody can predict the future but from the chart and the growth of botcoin seems like bitcoin will have a great future and if a lot of people support bitcoin, it will become a currency that will helped a lot of people, so bitcoin can make a better life for everyone

batang_bitcoin

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Quote from: AndySt on March 07, 2017, 02:10:13 AM

Quote from: batang_bitcoin on March 07, 2017, 01:57:44 AM

Quote from: mace15 on March 04, 2017, 12:04:29 PM

The truth is its really hard to predict of whats in the future of bitcoin. It depends on the adoption and demands of bitcoin in the future. But, as far as I know it will be a good future really awaits in bitcoin.

It may hard to predict the future of bitcoin economics. But we can see and its obvious that this coin does really have a very good economy. We saw on how did it grow up and its price did increase rapidly. So I can say the future of bitcoin economics does have a big potential to be one of the most popular and best economy.

Good prospects don't deny a lot of trouble in the future so with all the development we can't say for sure what will happen tomorrow or next week. Нere we move from sadness to unbridled optimism and back again.

Well that's life and future of bitcoin economics. Let's just go with the flow and always be positive. I'm seeing that good things will be brought by bitcoin economy in the future. And I'm sure that many giants of the real market / economy will have their own interest to it.

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