Topic: Future of Bitcoin? Will it become a mainstream of currency. (Read 238 times)
It's already popular and might gain more popularity but I doubt it will become a mainstream payment medium because of greedy banks and the knowledge of people to blockchain technology.
If lightning network works as advertised, it might happen
In my opinion, bitcoin can only become digital gold, which will take its place next to classic gold. It is too slow to be able to pay for goods in stores, and the fees are too large. I think the mainstream will be something else.
Bitcoin has gotten the attention of the very important personalities in Finance, Business and in Politics snd they all have agree thst bitcoin could actually be first global currency!
Well consider all the facts right, bitcoin out of all the currencies in the world and all the cryptocurrencies in the market is the sixth largest currency in the world, its market capitalization is that close to many developing countries so yes you could say that it is the mainstream of currency.
Btc has got its part of popularity and I hope it will be the end of such being like mainstream. Especially it is very important because of btc's dominance on the cryptocurrency market and this popularity plays the leading role here.
I am sure that eventually the interest in cryptocurrency will return. In my opinion, the red market has been with us for a long time. Hope that soon all will change.
I think that in the future we will use only cryptocurrency. I think that the popularity will grow every day. And this correction was due to the fact that inexperienced people wanted fast money and then panicked and began to sell. If you look not at the benefits but at the technology then you will love cryptocurrency.
It has already become such cryptocurrency. BTC it the real giant on the cryptocurrency market and I think it will be pioneer in the future as well.
Bitcoin is the first of the Crypto-currency. Throughout the life of this crypto currency number 1. At the end of 2017, he demonstrated a peak value. But this is not the limit.
I think Bitcoin will always be the number 1 cryptocurrency and its value will only grow with time. Many crypto-currencies that do not have a technological advantage over Bitcoin are completely meaningless.
I think with our younger generation getting involved with bitcoin and cryptocurrencies in general, it is possible that bitcoin can become a mainstream currency. I think this will push industries to accept cryptos and see its potential in payment, banking and investment.
Future of online currency will be a mainstream or it's popularity will wane?
Bitcoin was once started out as a currency and wanted to be a mainstream currency considering all other currencies lose value yet bitcoin gains value, however with the ETF route bitcoin is taking unless we have a sudden change in the use of bitcoin with more places accepting it and more people using it on daily basis, bitcoin will become some sort of commodity and not currency. It is used as if its gold, silver, stocks, bonds and so forth, it is used as a middleman to make more fiat currency and not used as a currency itself. Hope that changes one day because that would make it a lot better for all of us. Probably governments has been cheating us for hundreds of years with their fiat system which may get regulated in coming years just due to bitcoins.
Bitcoin is being accepted worldwide, many countries in the European Union are having its issues with bitcoin but despite that, it is being used in banks and different financial institutions around the world so yes it is at the verge of being accepted on a global scale.
Personally, I look at Bitcoin as long term investment and as a currency. Although you can use Bitcoin as a currency as it was developed as a currency which can be used for transfers also but still I feel there are many improvements to be done in Bitcoin before it can used as the mainstream currency for using daily. The transaction fees and speed are a major problem. It makes no sense to wait for so long just to buy a thing from a retail shop.
Future of online currency will be a mainstream or it's popularity will wane?
Yes, undoubtedly bitcoin will continue to be mainstream on the field of cryptos for a long time, because it has the advantage of being the pioneer, and therefore of having more time positioned in the minds of investors, because in the end those who have made the subject of cryptocurrencies something popular are those who have found in this market a source of easy and quick wealth, and the paradigm of the success of bitcoin will be remembered over the years as an eternal reference of success and profitability of a good idea.
No one knows for sure (with any degree of certainty). Having said that, most agree the future is bright. That statement does have a few caveats. The following is my prediction:
Bitcoin itself as a protocol will evolve..see how these expertise assume about Bitcoin
Bill Gates mentioned in 2014 during an interview that Bitcoin is “Better Than Currency”
Warren Buffett is probably one of the famous Billionaires who says Bitcoin is “The Real Bubble”
As I have studied. It has a tremendous future
Bitcoin itself as a protocol will evolve..see how these expertise assume about Bitcoin
Bill Gates mentioned in 2014 during an interview that Bitcoin is “Better Than Currency”
Warren Buffett is probably one of the famous Billionaires who says Bitcoin is “The Real Bubble”
As I have studied. It has a tremendous future
Future of online currency will be a mainstream or it's popularity will wane?
I think a few years Bitcoin will rise in price. Experts predict the growth rate in 2019. Bitcoin will be worth more than 20 thousand dollars.
Yes to cryptos being mainstream, not necessarily for Bitcoin, it has to be faster and cheaper if it wants to become a world currency. However I do see a whole freedom of choice when it comes to currency like we have with the internet and a relative freedom of choice for the information we ingest.
As per my conception, Bitcoin going to make richer to everyone. And soon in the coming era, won't be finding poor people.
Is this really gonna happen, which means world goes online and no fear From politics but though hackers would be coming in a a face of politics.
Is this really gonna happen, which means world goes online and no fear From politics but though hackers would be coming in a a face of politics.
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