1. Become a pricing anchor with dual functions of virtual currency and virtual commodities in the virtual world, corresponding to the role of gold in current legal tender;
2. An asset with its own return and risk characteristics that may become the asset allocation of institutional investors and hedge against inflation or dollar risks;
3. Become an intermediary for cross-border and cross-border transactions of large-value commodities, because this type of transaction traditionally relies on banks, the transaction time is relatively long, and the cost is relatively high.
The future development of Bitcoin will be closely related to the regulatory attitudes and the development of legal digital currencies of central banks in various countries. In fact, Bitcoin supporters' criticism of the traditional currency system can be solved by legal digital currency and further optimize the existing currency system.
Topic: Future of BTC (Read 1676 times)
Bitcoin is a great innovation of virtual currency. I think it will exist for a long time. Its value lies in people's commemoration of the pioneer of this virtual currency and the commemoration of it.
According to previous callbacks, it is basically a 50% callback. From this year, Bitcoin has risen to more than 60,000, and now it has callbacked to more than 30,000. Basically, it has been adjusted by 50%, so the currency price will Continue to rush the bull market. It is estimated that by the end of June or the end of the year, Bitcoin will reach 100,000 U.S. dollars. Bitcoin is still worth looking at.
Including many news, it is also optimistic about blockchain technology. Bitcoin is the first application of blockchain technology. At present, Xiongan New District is in full swing and large-scale development. At the same time as the construction of physical cities, blockchain and other emerging information technologies are also stepping up their layout, and are deeply integrated into every link and corner of the construction of the new district. Xiong’an New District insists on integrating smart city infrastructure. Simultaneous planning and implementation with traditional urban infrastructure, realizing the synchronization of urban physical space and digital virtual space, dual planning, one dual infrastructure
Including many news, it is also optimistic about blockchain technology. Bitcoin is the first application of blockchain technology. At present, Xiongan New District is in full swing and large-scale development. At the same time as the construction of physical cities, blockchain and other emerging information technologies are also stepping up their layout, and are deeply integrated into every link and corner of the construction of the new district. Xiong’an New District insists on integrating smart city infrastructure. Simultaneous planning and implementation with traditional urban infrastructure, realizing the synchronization of urban physical space and digital virtual space, dual planning, one dual infrastructure
The actual value of Bitcoin is that it is a symbol of the digital currency field, and all digital currency consensuses are based on Bitcoin consensus. Therefore, the price of bitcoin in the digital currency field will continue to rise in the future, just like gold is to paper money, it will become a precious metal currency held by a few people.
I think it's like the development of bitcoin. When bitcoin was around 60000, its market value has surpassed that of gold.
We can see from other aspects that bitcoin's market value has caught up with or even surpassed gold since it was only issued for more than ten years. Although the fluctuation is not as stable as gold, we should believe that in the future, the fluctuation will become stable, and we can't do without bitcoin.
We can see from other aspects that bitcoin's market value has caught up with or even surpassed gold since it was only issued for more than ten years. Although the fluctuation is not as stable as gold, we should believe that in the future, the fluctuation will become stable, and we can't do without bitcoin.
Bitcoin is a push for the first step toward meeting the future. We are now true observers of a great era, a story that I think will be talked about and written about for centuries to come, maybe even more.
I think that from now on, it will only get better!
I think that from now on, it will only get better!
Today, as we know price of Bitcoin was grow up. There are some of factor, most of them is Pandemi COVID 19. Because of Pandemic, most of people can not interract and there some of large-scale social restrictions, so they are have to obey the protocol (CMIW).
Price of Bitcoin nowadays is uncertain, because only holders can make it price itself. there are some country banned bitcoin, for example:
1. Bangladesh (22 September 2014), avoid to stole
2. Kyrgyzstan (4 August 2014)
3. Bolivia (19 June 2014)
4. Ecuador (24 March 2015) will be distribute money itself
5. Taiwan (3 November 2015) bitcoin easy to hack
6. Colombia (31 December 2016), a lot of crypto scam
7. South Korea (13 December 2017), difficult to control fiat money
8. Singapore (29 September 2017), There are some trouble between money department
9. Maroko (November 2017)
10. Nepal (2017)
look at tweet nowadays, too on https://twitter.com/Reuters/status/1394665379616673792.
Price of Bitcoin nowadays is uncertain, because only holders can make it price itself. there are some country banned bitcoin, for example:
1. Bangladesh (22 September 2014), avoid to stole
2. Kyrgyzstan (4 August 2014)
3. Bolivia (19 June 2014)
4. Ecuador (24 March 2015) will be distribute money itself
5. Taiwan (3 November 2015) bitcoin easy to hack
6. Colombia (31 December 2016), a lot of crypto scam
7. South Korea (13 December 2017), difficult to control fiat money
8. Singapore (29 September 2017), There are some trouble between money department
9. Maroko (November 2017)
10. Nepal (2017)
look at tweet nowadays, too on https://twitter.com/Reuters/status/1394665379616673792.
The infrastructure for using BTC on a daily basis as an average consumer doesn't exist yet.
That's the whole story.
That's the whole story.
Some coins are better in commerce than others. Ripple and Stellar are great with wide access and low fees. Outside of large purchases, those are my go to for purchases.
The first ape that decided to plant seeds to farm, so he can store crops and trade, were probably laughed at by the hunter gatherers. So was the first ape who thought maybe a shiny rock, gold, had some value. Eventually apes thought the gold paper certificate (cash) could have value. And here we are now, crypto.
USDC on ALGO seems like a reasonable solution for most e-commerce. Algorand would need to go over $250 (more than 10x current Ethereum market cap) before transaction fees reach 25 cents.
Bch is a joke just like almost all the alt coins. The reason is that they're all basically companies and subject to the greed of human nature. The network effect plus the fair introduction so long ago is a severely undervalued attribute IMO.
The first ape that decided to plant seeds to farm, so he can store crops and trade, were probably laughed at by the hunter gatherers. So was the first ape who thought maybe a shiny rock, gold, had some value. Eventually apes thought the gold paper certificate (cash) could have value. And here we are now, crypto.
BTC is a wealth Depository now, it will become Boomer Crypto
Something like Harmony ONE with super low fees will become the "every day" Crypto for people to buy small stuff with
Something like Harmony ONE with super low fees will become the "every day" Crypto for people to buy small stuff with
I used Bitcoin just fine earlier today and didn't have to pay nearly as much as what you did. There are still sites that use BitPay, which is garbage, and they will overcharge you in fees. I won't switch to Bcash because in the long run it will continue to lose value against Bitcoin.
I think future of Bitcoin will depends on its adoption. With limited supply and huge community behind Bitcoin has been grown in price. As more adoption goes through around the world price will be increased in large numbers. Some corrections will come when a all time high in price shows. At present time a good corrections will be happen to stablish BTC prices.
I think the future of bitcoin will follow a wavy path. It will continue to increase and decrease in the near future. You know, in early 2021, the value increased sharply, but until now, it has plummeted without stopping. Currently the Chinese government has banned bitcoin, causing the bitcoin market to crash. Bitcoin value has plummeted. Many investors are suffering heavy losses.
I do really believe someday cryptocurrencies ecosystem will become normal in daily basis. Because if we take a look the current situation of the world now. Some parts are in favor to cryptocurrencies specially Bitcoin. People learn that Bitcoin is another good opportunity for long term investment and has the possibility to become the major currency.
That's a given and beyond everyone's doubt. The big question only is what kind of cryptocurrencies will be dominating or mainly fueling the ecosystem. That's going to be a fight between freedom and state control. State control can contribute to freedom even though it sounds counterintuitive, but what governments have in mind has nothing to do with freedom frankly speaking.
When I think about the future of bitcoin, I immediately remember that the benefits of bitcoin, one of which is about the speed and ease of making transactions. in my opinion, bitcoin or cryptocurrency can make a solution to the complexity of conventional banking and financial transactions. with bitcoin or crypto currency, everyone will be easier, faster and more practical in making transactions. so in my opinion, the future of bitcoin will be increasingly in demand by everyone and will make bitcoin even more valuable.
I do really believe someday cryptocurrencies ecosystem will become normal in daily basis. Because if we take a look the current situation of the world now. Some parts are in favor to cryptocurrencies specially Bitcoin. People learn that Bitcoin is another good opportunity for long term investment and has the possibility to become the major currency.
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