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Topic: Future of the BTC - page 7. (Read 7307 times)

sr. member
Activity: 462
Merit: 250
June 10, 2017, 01:40:03 PM
I think Bitcoin should have a bright future ahead of it. If it continues to grow on the same rate as it is growing, it will be having value of 4000$ or more by end of this year. Volatility of Bitcoin would not matter if you are thinking of investing for a long time.
newbie
Activity: 10
Merit: 0
June 10, 2017, 04:14:06 AM
The true value of bitcoin right now is that more and more people are buying into it. And would rather hold onto crypto that's more likely to gain than fiat. I still trust paper though and think somehow goverments will collude to crash the market. Not sure when: could be 10 years from now, but it's bound to happen as btc ensures people fly under the radar and can avoid taxes. Possible at the moment but with the adoption rate that could really mess with the system 3 - 5 years down the line.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
June 10, 2017, 12:56:39 AM
I think the future of bitcoin is about saving money, like gold. Secure asset to hide your finance of inflation etc.
It will be one use of bitcoin in  the future. Because of its characteristic to make the value of bitcoin higher, it will make people convert their total funds to bitcoin just to avoid decrease of value in their total wealth. Bitcoin will be a mediun of currency mostly in online stores.
Bitcoin will became more popular as time pass by so given that the bitcoin will be adopted in some or all countries that will make bitcoin price will go up so in that case bitcoin will be the medium of market trade in the real world. But I think the adoption of the bitcoin will take more time.
hero member
Activity: 3080
Merit: 603
June 09, 2017, 11:52:12 PM
I think the future of bitcoin is about saving money, like gold. Secure asset to hide your finance of inflation etc.
It will be one use of bitcoin in  the future. Because of its characteristic to make the value of bitcoin higher, it will make people convert their total funds to bitcoin just to avoid decrease of value in their total wealth. Bitcoin will be a mediun of currency mostly in online stores.
hero member
Activity: 1008
Merit: 531
June 09, 2017, 11:42:57 PM
I think the future of bitcoin is about saving money, like gold. Secure asset to hide your finance of inflation etc.

I think so too. Bitcoin is already considered to be a great way to store ones wealth for many and this trend in my opinion is going to only increase more in the future.

Fiats can collapse anytime in the foreseeable future and when this happens, bitcoin will play it's role as a global currency with a decentralized transaction validation network. It's truly awesome if you think about it.

I seriously wouldn't worry too much about fluctuations now because bitcoin is still young. Anything with a 40 billion market cap which is smaller than a lot of medium to large sized companies is going to fluctuate a lot. But as we get more people onboard and using bitcoin this volatility will drop.
legendary
Activity: 938
Merit: 1000
June 09, 2017, 11:28:47 PM
I think the future of bitcoin is about saving money, like gold. Secure asset to hide your finance of inflation etc.

Maybe, and if some day BTC  becomes to be outdated technology that should not affect too much, unless the transactions took months to be completed which would be apart from uncomfortable boring, but who knows why the opposite might happen too, the fact that it is immutable in supply it does not mean that it will not undergo adjustments in other aspects that might be required in the future to compete with its rivals for calling them in some way, in that case could even become better than gold or lose most of its value in the worst case.
sr. member
Activity: 392
Merit: 250
Dijual
June 09, 2017, 11:25:28 PM
Bitcoin has a good future, because many countries are considering its adoption. Other crypto-currencies are not so strong and have no great prospects.
I didn’t know that there was a bunch of Countries looking to adopt Bitcoin. I know that people in certain countries are spectating Bitcoin to see how well electronic Currency is being introduced to the people in the world though I am pretty sure that some Counties will just build their own Digital Currency instead of adopting Bitcoin.


There a  lot actually. Some recognize btc as a means of exchange and other countries also  want to make there  own altcoin. But seeing the price some also would want to partake in that ordeal. Btc holds a high stake for the business world. Probably in time there are many ads about altcoins not just btc. Blockchain would then be earning through various transaction and probably other chains would be recognized around the world.
member
Activity: 95
Merit: 25
Yo!
June 09, 2017, 11:00:57 PM
I think the future of bitcoin is about saving money, like gold. Secure asset to hide your finance of inflation etc.
sr. member
Activity: 308
Merit: 250
June 09, 2017, 10:55:05 PM
Bitcoin has a good future, because many countries are considering its adoption. Other crypto-currencies are not so strong and have no great prospects.
I didn’t know that there was a bunch of Countries looking to adopt Bitcoin. I know that people in certain countries are spectating Bitcoin to see how well electronic Currency is being introduced to the people in the world though I am pretty sure that some Counties will just build their own Digital Currency instead of adopting Bitcoin.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
June 09, 2017, 08:54:41 PM
I hope the future of bitcoin is even better.
When we make a withdrawal money does not wait long again.
And expect a quick transaction like withdrawal at the bank.

All issues of transaction delays are still a problem that hasn't got a good solution yet, but the segmented development step will allow for future transactions, I also hope that just like you, no one wants a setback from this virtual currency
member
Activity: 263
Merit: 10
June 09, 2017, 08:39:59 PM
I hope the future of bitcoin is even better.
When we make a withdrawal money does not wait long again.
And expect a quick transaction like withdrawal at the bank.
😀😀😀
sr. member
Activity: 532
Merit: 250
June 09, 2017, 08:23:37 PM
I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

I actually don't have a problem with the volatility of bitcoin at all. In fact a lot of people prefer bitcoin to be volatile because that's what they make their living on - trading the difference of prices between two time points. It's also good in my opinion that bitcoin is constantly fluctuating like an asset is supposed to do - and generally it fluctuates upwards. There is really nothing to complain about. The code might be outdated but bitcoin has the trust of the community. This is something that altcoins cannot achieve.
sr. member
Activity: 434
Merit: 250
June 09, 2017, 08:11:11 PM
Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.
There is many people using Bitcoin to purchase things now so I think that Bitcoin has a large chance for it to get used as a payment option in most stores around the world. Since people are using to purchase things like Government paper work then the Government is likely to get involved in it as well.




Probably in some other countries, bitcoin has been used as a means of official payment transactions,availability of stores and bitcoin services that accept transactions both offline and online, unlike where I can only do some purchases via online and that too Not many online stores that accept transactions Bitcoin current. However, if viewed from its potential bitcoin may be a virtual currency that is legal and can be used as an official transaction tool.
sr. member
Activity: 658
Merit: 256
Freshdice.com
June 09, 2017, 07:39:20 PM
#99
I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.
That's not true. Altcoins/ICO have their own platoform. In this case altcoins are less stable than bitcoin. I don't think that we are struggling in bitcoin's stability since this previous weeks, we have seen how stable it is which cause altcoins to be stable a littble bit too.
hero member
Activity: 588
Merit: 500
June 09, 2017, 07:35:26 PM
#98
I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

I don't see what other cryptocurrency that can offer the stability bitcoin is offering. Unless you are talking about some sort of pegged currency which defies the entire point of crypto in the first place - to be unassociated with a central entity and fiat currency in general. Ethereum is more volatile than bitcoin. Even though there are a lot of blockchains out there that are far more advanced than bitcoin, there is no real use for them.

 All we need is something we can transact on, and as the first crypto bitcoin will always be the go to choice. In the future this will remain true.
sr. member
Activity: 616
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
June 09, 2017, 06:48:33 PM
#97
Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.
There is many people using Bitcoin to purchase things now so I think that Bitcoin has a large chance for it to get used as a payment option in most stores around the world. Since people are using to purchase things like Government paper work then the Government is likely to get involved in it as well.
sr. member
Activity: 440
Merit: 250
June 08, 2017, 06:06:10 PM
#96
I think it will continue to be attractive and will be used by more people, maybe one time a certain teritory will accept bitcoin only and a country's foreign exchange reserves at a store in the form of the bitcoin.
yes there is no doubt that bitcoin will continue its progress and will attract more and more users toward itself. the popularity of bitcoin is increasing from time to time. new people are entering in the world of bitcoin and making it more stronger and reliable. Even the day traders are now taking interest in bitcoin. I am hopeful that very soon we will see that the local shopkeepers will also start taking interest in bitcoin and will start accepting bitcoin for shopping in their shops.
hero member
Activity: 756
Merit: 520
June 08, 2017, 06:50:47 AM
#95
Bitcoin will be recognized, i dont know what Japan has called bitcoin if a currencie or an asset, similiar to gold, but a digital one, anyway this will be followed by others countries on the next years for sure. The volatility of bitcoin has and still atracting a lot new investors that wanna to make and earn money doing trading, the most of them are just into bitcoin and doesnt care about altcoins at all.

Basically it is indeed that bitcoin is a digital currency is remarkable, because it is now increasingly price bitcoin shows some remarkable Ascension baisa. But it does need to be in the know, that the main problem is bitcoin fee or transaction fee which is always high in order to get a confirmation. So right now I think the bitcoin will much more beneficial if used as a currency investment. for views from various investment thing is the best thing. Just waiting alone all countries provide the solution to this problem
 
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 08, 2017, 06:31:28 AM
#94
I think many of us, have a huge problem with the volatility of the BTC. And also the technology behind the BTC is outdated. There are huge amount of the other new generation cryptocurrencies that are more secure and adopted to special needs of different economic and consum needs. I have a big problem with BTC because of the high volatility. So i found Minexcoin, that according to the whitepaper might be more stable and less volatile.

More of the alt coins are telling the same characteristics that they will be more stable and better than bitcoin. But all of them seems to be fine and I don't know if what I read is true that bitcoin is now adopting other good characteristics of other alt coins. Bitcoin isn't perfect and there is no perfect system so it will be a continuous progress.
hero member
Activity: 994
Merit: 507
June 08, 2017, 06:08:30 AM
#93
outdated technology of BTC
>> Depends on the developers if they will continue to improve it or decide to call it off since they have the power to make it better and go with the trend of the latest technology.

better security of new cryptocurrencies
>> Bitcoin wallets really are the one responsible for securing your Bitcoin which ranges from different types with different things to offer from security to conveniency and from short-term to long-term. Also there are mixers which will make your transactions untraceable.

anonimity of new cryptocurrencies
>> Though there are some wallets who asks for your personal information especially local exchanges that is because of the regulation released by their respective governments, there are still wallets that provides full anonymity and doesn't ask personal information like Mycelium and many more to name.

high volatility of BTC
>> It depends on how you handle the volatility and you can earn a lot of profit from it. And Bitcoin's price floor is increasing each pump together with the rising demand which generally means the value of your Bitcoins are increasing. Don't you like that?
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