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Topic: Future of Bitcoin Economics - page 47. (Read 34336 times)

legendary
Activity: 994
Merit: 1000
August 08, 2016, 05:37:37 AM
#40
yes no one can guarantee or predict future bitcoin, but I hope that every year new adopters always increased, so the longer the bitcoin more visible in the future.
Actually adoption to blockchain tech is increasing i think rather than only to bitcoin as well as interest of techy people from all over the world is being increased over bitcoin and crypto. So i think future for blockchain tech and cryptocoins will be very productive and innovative.
legendary
Activity: 3248
Merit: 1160
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August 08, 2016, 03:11:49 AM
#39
I think bitcoin has a very good future. bitcoin has achieved very high growth. The world economy, bitcoin've got a place for many people. financial system transition will be gradual.

If you compare its price before, yeah, you can say that bitcoin has a very good future.  You can say it as it gradually increases its price and is the famous cryptocurrency today.  If it continue to be well known and if more demand is needed, the price would go up.  It is one of sought after investments today.
The demand will surely continue, you can already tell it by now base on the trend. Bitcoin is not the popular for everyone but for the investors it is so popular and it is more popular as investment rather than just a currency.
sr. member
Activity: 336
Merit: 250
August 08, 2016, 02:50:48 AM
#38
I think bitcoin has a very good future. bitcoin has achieved very high growth. The world economy, bitcoin've got a place for many people. financial system transition will be gradual.

If you compare its price before, yeah, you can say that bitcoin has a very good future.  You can say it as it gradually increases its price and is the famous cryptocurrency today.  If it continue to be well known and if more demand is needed, the price would go up.  It is one of sought after investments today.
legendary
Activity: 3024
Merit: 2148
August 07, 2016, 10:09:09 PM
#37
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

It will depend on development of societies, because every government in the world will do everything they can to prevent people from using bitcoin. The won't give control over peoples money.
Society itself must change and become more anarchistic in order for Bitcoin to be mass adopted.
legendary
Activity: 1218
Merit: 1007
August 07, 2016, 03:09:02 PM
#36
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
yup we never know what will happen in the future at least we can make our own speculation about something but in the end let that based on luck.
It's not really luck, it's just relying on everyone else involved to not doing anything stupid and crash the market at some point. Speculating is supposed to be the educated guess and making assumptions and estimating how things would work out in a real scenario. The only luck involved is seeing your own prediction coming true.
hero member
Activity: 518
Merit: 500
August 07, 2016, 02:35:05 PM
#35
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
yup we never know what will happen in the future at least we can make our own speculation about something but in the end let that based on luck.
hero member
Activity: 1778
Merit: 882
August 07, 2016, 02:08:01 PM
#34
It may not even be the Bitcoin but the concept has changed the world. Let's see, I think the future is beautiful.
legendary
Activity: 1554
Merit: 1014
August 07, 2016, 01:30:24 PM
#33
yes no one can guarantee or predict future bitcoin, but I hope that every year new adopters always increased, so the longer the bitcoin more visible in the future.
legendary
Activity: 2954
Merit: 1153
August 07, 2016, 01:01:26 PM
#32
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

This is true, anything  in industry depends in mass adoption.  You can't just tell that what you are holding right now is worth 1M, unless people adopt the idea that you are pushing and no one is contradicting it.  So if I say my keyboard is worth a diamond and everyon believes it is worth a diamond, automatically they adopted the words  i say and the keyboard being worth aa diamond will happen.
full member
Activity: 196
Merit: 100
August 07, 2016, 12:24:13 PM
#31
I think bitcoin will continue like this and a lot of us here think it would BTC will have a bright future so the future of bitcoin
the economy will be great . history shows BTC has made giant strides considering it's only 7 years old .
But it's still hard to buy a pizza with it.  Lol

Mass adoption doesn't mean everyone.  Bitcoin is already successful and will continue to be as a means of buying illegal items and gambling.   It'll grow on those things alone as long as the population keeps growing.   If more merchants start accepting it, all the better.  Would be nice to be able to buy food with it.
sr. member
Activity: 294
Merit: 250
August 07, 2016, 11:59:55 AM
#30
I think bitcoin will continue like this and a lot of us here think it would BTC will have a bright future so the future of bitcoin
the economy will be great . history shows BTC has made giant strides considering it's only 7 years old .
legendary
Activity: 3248
Merit: 1160
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August 07, 2016, 09:04:56 AM
#29
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
I think that is the most truly and short reply for the question about bitcoin's future. Nobody can predict it, cause of many factors are affect on bitcoin. And if bitcoin price will reach high level, like very high and holders will try to cash it out it can follow the crush of the economy and not only bitcoin's. That was for example.
It will never crash the economy of bitcoins because once that will happen and the price will substantially increase in the future, that means the demand is really high and we have already achieve a massive adoption unless it is just a bubble.
hero member
Activity: 1078
Merit: 514
August 07, 2016, 08:37:37 AM
#28
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
I think that is the most truly and short reply for the question about bitcoin's future. Nobody can predict it, cause of many factors are affect on bitcoin. And if bitcoin price will reach high level, like very high and holders will try to cash it out it can follow the crush of the economy and not only bitcoin's. That was for example.
hero member
Activity: 1190
Merit: 534
August 07, 2016, 08:29:33 AM
#27
I have some different opinion on this, everyone can predict the future of bitcoin but no one is 100% sure.  If we are discussing about future of bitcoin through academic point of view, then I would like to give my 2 cents here.
Initially bitcoin will gain popularity where digital payments are taking place such as developed and developing countries where people are aware of what the technology is all about. Bitcoin will be used by most of the people but not as substitute to fiat currency. It will be used as alternative option (likely secondary for most of the people). It will shake economic base on international level.
legendary
Activity: 3248
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July 07, 2016, 03:35:50 AM
#26
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
That sounds as the most right and the shortest reply on this topic.
I am totally agree with you. It's hard to predict now the future of bitcoin economic, cause bitcoin is just in the beginning of it's story. But one thing is clear to me - crypto currencies will replace paper money soon.
It could depend on the adoption of the masses but at this moment of time we can already predict base on the current market standing, that is why we are here because we are investing on what we believe.
hero member
Activity: 1078
Merit: 514
July 06, 2016, 04:07:57 AM
#25
Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
That sounds as the most right and the shortest reply on this topic.
I am totally agree with you. It's hard to predict now the future of bitcoin economic, cause bitcoin is just in the beginning of it's story. But one thing is clear to me - crypto currencies will replace paper money soon.
full member
Activity: 227
Merit: 100
July 06, 2016, 03:43:18 AM
#24
I think bitcoin has a very good future. bitcoin has achieved very high growth. The world economy, bitcoin've got a place for many people. financial system transition will be gradual.

I agree with that. I think the bitcoin users will rise 50% a year for the next 20 years. The price will also rise.
legendary
Activity: 3248
Merit: 1160
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July 04, 2016, 03:20:32 AM
#23
I think bitcoin has a very good future. bitcoin has achieved very high growth. The world economy, bitcoin've got a place for many people. financial system transition will be gradual.
It takes more time to make bitcoins use by the majority of people, although we see a good price we are still living in a world of uncertainly and we are doing is just to speculate, I am a believer in bitcoin but I have not put all my trust to avoid being bias of the possible outcome.
legendary
Activity: 1526
Merit: 1001
July 03, 2016, 10:26:05 PM
#22
I think bitcoin has a very good future. bitcoin has achieved very high growth. The world economy, bitcoin've got a place for many people. financial system transition will be gradual.
legendary
Activity: 3108
Merit: 1290
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July 03, 2016, 10:21:01 PM
#21
Well, no one can guess the bitcoin economy system in the future, because bitcoin was increasingly growing, it all depends on the users, I guess if everyone is using bitcoin, then it will grow very quickly
If we base our speculation on the current state of bitcoins, we can tell that the future of bitcoins is bright, meaning it has a potential to attract massive adoption and help the users benefits in using bitcoins in their online transactions.
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