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Topic: Future of bitcoins - page 29. (Read 4068 times)

hero member
Activity: 2940
Merit: 613
Winding down.
October 28, 2017, 06:52:38 PM
#81
The future outlook of bitcoin is very promising going by the acceptance of the cryptocurrency by people globally.
Everyday more peoples, companies, schools, restaurants e.t.c have started adopting bitcoin as a means of payment this will limit the involvement of banks in transaction of the bitcoin.
Banks being third party will not be involved and as such no tax or any fee will be deducted by the banks apart from transaction fee.
I agree.Bitcoin will definitely have a bright future since it started with a very promising potential.And now more and more companies and institutions are gradually accepting bitcoin as their mode of payment.Maybe in the next year some banks will be encouraged also in adopting bitcoin since a lot of people already are using bitcoin in their daily transactions.
newbie
Activity: 47
Merit: 0
October 28, 2017, 06:26:23 PM
#80
The future that bitcoin wield is something that is yet to be felt. The massive adoption is gradually moving in and many firms and institutions including schools, offices and industries have started accepting bitcoin. Gradually the banking sector will join the party too, because this is a disruption that has come to stay for good and which needs proper management and understanding leading to massive acceptance and adoption.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
October 28, 2017, 05:43:03 PM
#79
The future outlook of bitcoin is very promising going by the acceptance of the cryptocurrency by people globally.
Everyday more peoples, companies, schools, restaurants e.t.c have started adopting bitcoin as a means of payment this will limit the involvement of banks in transaction of the bitcoin.
Banks being third party will not be involved and as such no tax or any fee will be deducted by the banks apart from transaction fee.
full member
Activity: 1022
Merit: 127
Make a difference, make it better.
October 28, 2017, 05:03:12 PM
#78
The main reasons for banks to replace exchanges would be the difficulty of integration with daily life, acceptance of cryptocurrencies in daily activities especially for brick and mortar stores that do handle bitcoins and/or other cryptos, also when we need cash the withdraw is a long and tedious process. Once the new projects there are in the pipeline get delivered and we can do all these processes frictionless, there is no need of banks be included in the bitcoin process, at least to the user side. Technologically, some banks are already using blockchain, but not with the same integration that benefits the end user but to cut their cost and spread their profits.
full member
Activity: 392
Merit: 101
October 28, 2017, 05:02:41 PM
#77
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
A good opinion and I like your opinion.
Actually we as bitcoin users should agree to make a bitcoin bank so that if the popularity of bitcoin increased a lot so many people who follow bitcoin do not feel difficult to exchange bitcoinnya or just bitcoin can be invested if already have many bitcoin, therefore for the future many people who follow bitcoin not feel any more confusion.
full member
Activity: 1004
Merit: 111
October 28, 2017, 01:55:04 PM
#76
we are seeing now the future of bitcoin , the 7k will be here in the next month and the 10k will be able to hit before the first qurter of the next year !!  therefoore if you are investing now you can see your money is really uprising !
hero member
Activity: 655
Merit: 500
October 28, 2017, 01:52:18 PM
#75
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?

It depends, if more and more large companies start accepting and offering bitcoin as a payment alternative, many other smaller companies will also start accepting and using it. This kind of exposure and acceptance is very important for bitcoin to survive. Ofcourse the government also plays a major role in this and the buying process of Bitcoins will have to be made much more simpler than it is at present.
I think in present time some shopkeepers and general stores already start accepting bitcoin, therefore we can expect that in future more bitcoin companies and industries will also start using bitcoin and will also accept it as for payment. In fact bitcoin is in very early start and therefore we can expect that in future bitcoin will become as more and more popular and mroe stores will start accepting bitcoin as legal currency.
newbie
Activity: 28
Merit: 0
October 28, 2017, 01:08:02 PM
#74
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?

It depends, if more and more large companies start accepting and offering bitcoin as a payment alternative, many other smaller companies will also start accepting and using it. This kind of exposure and acceptance is very important for bitcoin to survive. Ofcourse the government also plays a major role in this and the buying process of Bitcoins will have to be made much more simpler than it is at present.
member
Activity: 633
Merit: 14
October 28, 2017, 12:48:11 PM
#73
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
for now, it is very difficult to find a bank that accepts bitcoin exchanges. because big banks never approve the existence of bitcoin, hopefully in the future there will be many things that change and many banks who accept exchange bitcoin easily.
full member
Activity: 560
Merit: 180
I'm Matured Now
October 28, 2017, 12:45:07 PM
#72
Banks will hate it.many people can go against of it.social sites wont accpet it.im just guessing.dnt knw which onw will be happen.but no matter what im sire it will be alive
full member
Activity: 630
Merit: 100
October 28, 2017, 12:42:30 PM
#71
The role of money will decrease, which will allow bitcoins to assume the role of a means of obtaining goods and access to various services and devices.
member
Activity: 89
Merit: 10
October 28, 2017, 12:14:08 PM
#70
I doubt any bank will be accepting bitcoin for exchanging. Bitcoin is against banks and I think banks would be more threatens by bitcoin.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
October 28, 2017, 12:12:23 PM
#69
In future, the BANKS can be used to exchange bitcoins if necessary as it all depends on the government regulations and nobody can control over it untill there is some kind of regulations are been made for it. But the chances of expectancy of making these kind of regulations are very less because the bitcoin is a anonymous type of transactions and for this reason you cant exchange the bitcoin by Fiat through banks where you must need to provide the source of your funds and other details which is not possible seen here . only time will prove it let's see what does it happen.
member
Activity: 168
Merit: 10
October 28, 2017, 11:54:24 AM
#68
I think there will be the time that our world will continue accepting bitcoin as a currency. Banks and other government sector will surely try to make moves to prevent this but after failing, they will make a way by accepting bitcoin without hurting their overall system and other policy. We really have no exact idea as to what will happen but these things are my guess and prediction. There will be a point in time that they will have no other way but to accept it and will just try to find a way by planning the ways they can cope without hurting the balance of their economic states.
full member
Activity: 350
Merit: 100
October 28, 2017, 11:39:22 AM
#67
The future of bitcoin is fine and prosper the market value is rapidly increasing the peoples are willing to buy at high price and due to this high demand its price will go more up without any break. There are so many businesses which are dealing their operation online and they like to receive their payments in the online accounts not in the paper form. The future of bitcoin is bright and it is the strongest currency of this century.
full member
Activity: 336
Merit: 100
October 28, 2017, 11:15:59 AM
#66
How will the 2X fork effect BTC's future?

At this point, we don't even know which chain a lot of exchanges will apply the BTC ticker too.

I can see this getting very confusing for people, especially new people. For example, if Coinbase labels 2x chain BTC and another exchange labels the original chain BTC, how on earth will people know they are buying actual BTC? What kind of impact will this have on the value of BTC too?
full member
Activity: 140
Merit: 100
October 28, 2017, 11:07:59 AM
#65
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
I believe that bitcoin has a very bright and successful future. I can see bitcoin as a very well known thing and I can see bitcoin as a money currency of a country. I believe that the bitcoin would be more successful in the future. It will be known and will be used by all people.
full member
Activity: 326
Merit: 100
October 28, 2017, 10:54:49 AM
#64
Yes in the future the banks will be ables to exchange bitcoin because bitcoin make a very quick progress every day in his price and in his number of users

in the future banks will hate bitcoin, because it will break the banking system. I am almost sure that in the coming years banks will lower their tariffs so that their clients do not go to the crypto currency
sr. member
Activity: 552
Merit: 250
October 28, 2017, 10:31:30 AM
#63
In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?


If we can see right now bitcoin was the first cryptocurrency and high value than other altcoin and if we pardict the future of bitcoi. This is what can i say that bitcoin is became like a bank that you can store or invest you money and also you can earn and income that you even earn in many banks. Bitcoin have a big help to us so that bitcoin was pipular than others.
full member
Activity: 434
Merit: 102
October 28, 2017, 10:30:52 AM
#62
Yes in the future the banks will be ables to exchange bitcoin because bitcoin make a very quick progress every day in his price and in his number of users
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