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Topic: Future of the BTC - page 9. (Read 7289 times)

sr. member
Activity: 420
Merit: 255
June 06, 2017, 07:46:13 AM
#72
People still have very little trust in bitcoin, and Aldona especially. I don't know what future awaits the crypto currency. And I think that now nobody knows. What will happen once the state will begin to convert their Fiat money into crypto. Competition in this market is just beginning and the future is not determined.
hero member
Activity: 742
Merit: 500
June 06, 2017, 07:36:10 AM
#71
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 And also the technology behind the BTC is outdated.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.
Volatility is an important feature of bitcoin.Traders use that volatility and gain profits by trading.Altcoins have more volatility than bitcoins.If you are to invest in altcoin instead of bitcoin due to volatility,then it would be a wrong decision.
full member
Activity: 210
Merit: 100
June 06, 2017, 01:27:08 AM
#70
There is nothing wrong with bitcoin, it remains a pioneer and the coin with the most value at the moment. The votality is part of the attraction and unless you are a losing trader, it shouldn't be a big deal. Sure the technology could improve. You should change the thread title to the future of "Minexcoin"
sr. member
Activity: 397
Merit: 252
June 06, 2017, 01:05:45 AM
#69
Of course with the rapid development of btc now with the popularity and the price is so high, I have confidence about the security of bitcoin would certainly be more stringent.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
June 06, 2017, 01:01:59 AM
#68
If btc were to be replaced in the future, it is because btc is an outdated technology in cryptocurrency in the future. Unlike you OP who does not like high volatility of btc, It ain't that big of a problem for me because I see those price movements as a chance to earn money quick and I don't think minexcoin would be better than bitcoin, I think minexcoin is yet another altcoin that might end up to be a shitcoin in the end. If scaling issue is solved the right way, there is a possiblity that in the future, btc will have better security.
When something is developed without any flaws then the productiveness won't get any improvement further. Same is gonna happen with the minexcoin. Bitcoin is not the same, more the challenges faced more it gets updated with the technology. Nothing seems to decline the value of bitcoin, because no where people have stopped using bitcoin. Only the adoption is getting increased without any discrimination in the country limits. Hope soon African countries will serve as a big market for cryptocurrencies.
hero member
Activity: 882
Merit: 544
June 06, 2017, 12:49:40 AM
#67
If btc were to be replaced in the future, it is because btc is an outdated technology in cryptocurrency in the future. Unlike you OP who does not like high volatility of btc, It ain't that big of a problem for me because I see those price movements as a chance to earn money quick and I don't think minexcoin would be better than bitcoin, I think minexcoin is yet another altcoin that might end up to be a shitcoin in the end. If scaling issue is solved the right way, there is a possiblity that in the future, btc will have better security.
member
Activity: 150
Merit: 10
June 05, 2017, 11:27:23 PM
#66
I know there is nothing lasting in this world, bitcoin too, people used to use gold as a medium of exchange, then replaced with paper money, then credit cards appear, all will be replaced in time. But I think bitcoin will last for another decades, just like gold is still valuable, I think bitcoin will still be valuable
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
June 05, 2017, 10:12:32 PM
#65
It depends on how you handle the volatility, for the one that invest in bitcoin the volatility seems so annoying, but for the trader volatility is good because it can make the traders earn money, and I know that there are a lot of new coin that got better feature than bitcoin but the investor is more believe in bitcoin and bitcoin has been adopted in many country, so in order to replace bitcoin you need a lot of users and that coin need to be implemented in different sectors in all countries

Please, can you do us the favour of listing those coins as indicated in bold. Your rank says "Legendary" I can trust your judgement.


Besides, volatility may be annoying for buys but not those who trade the Bitcoin because traders need that unsteady movement to make gains. Either bearish or bullish.
sr. member
Activity: 392
Merit: 250
June 05, 2017, 11:15:27 AM
#64
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.

So if you are in cryptocurrency world, you need to know volatility is the essance of cryptocurrency. If we are seeing so much people getting attract towards btc and other alts are only because unexpected rise is coins every day.
And as far as btc is concerned, I don't feel there is any coin worth till now which could beat it. Stability is not any cause of distress for bitcoin ecosystem.
For the last month we see activity in the Bitcoin market and this brings double satisfaction, because my Bitcoin is growing in price several times. And despite some hesitation, the Bitcoin comma goes down but immediately goes up and reaches a new level. I would not be surprised when in the summer we will leave 3000 dollars for Bitcoin.

Agreed! The newer phase of bitcoin users whom bitcoin was unknown till 2016 have joined the possession. As a result of which bitcoin market is now over and above the nominal rise (rise in prices of bitcoin due to speculative activities) to an era of actual rise (rise due to increased users and flow). Thus enabling bitcoin to spread wider in nations and inducing government to regulate and legalize the use of bitcoin.
These all factors ultimately contribute to rise in price.
hero member
Activity: 812
Merit: 509
June 05, 2017, 02:37:23 AM
#63
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.

Bitcoin is volatile, i'll have to give you that.

however usually this volatility is in the right direction - up. You can tell from the charts that bitcoin is the best investment anyone could have made very easily from 10 years ago till now, achieving crazy returns that i can't even put up in numbers.

Why is the SWIFT network still in place? It's outdated. But it's got the usage of millions of banks around the world, and it's got trust. Same goes to btc. No other altcoin has the trust and status of btc.

OP is just trying to advertise for another ICO that is completely worthless. Seriously OP? You really think that altcoins are going to take over bitcoin? And what makes you think that your particular altcoin "Minexcoin" is going to be the one altcoin taking over the #1 spot in the crypto world?

Bitcoin is the FIRST cryptocurrency. You can have better technology. You can have smart contracts. You can have colored coins. No matter what it is, people know that bitcoin is the FIRST cryptocurrency. And being the first cryptocurrency, bitcoin already established its reputation. Ask people whether they know about bitcoin, maybe 5, 6% of the population of the US will know. Ask them about the 2nd crypto, ethereum. Probably only 0.01% knows.
hero member
Activity: 644
Merit: 501
June 05, 2017, 01:28:56 AM
#62
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.

Bitcoin is volatile, i'll have to give you that.

however usually this volatility is in the right direction - up. You can tell from the charts that bitcoin is the best investment anyone could have made very easily from 10 years ago till now, achieving crazy returns that i can't even put up in numbers.

Why is the SWIFT network still in place? It's outdated. But it's got the usage of millions of banks around the world, and it's got trust. Same goes to btc. No other altcoin has the trust and status of btc.
sr. member
Activity: 630
Merit: 250
June 05, 2017, 01:27:38 AM
#61
Only should a better technology ensue that Bitcoin can be replaced by another cryptocurrency. It's the pioneer cryptocurrency and Kk the others are copying from it so the only way to render it outdated is to present w new coin with a better technology than the current blockchain.
Bitcoin is a very good life for trade and investment. Only thanks to this crypto currency I can rise in my financial condition. I think that the future of Bitcoin also depends on the Bitcoin users themselves. I just want to raise the price for each of the Bitcoin community.
sr. member
Activity: 756
Merit: 253
June 05, 2017, 01:16:12 AM
#60
Only should a better technology ensue that Bitcoin can be replaced by another cryptocurrency. It's the pioneer cryptocurrency and Kk the others are copying from it so the only way to render it outdated is to present w new coin with a better technology than the current blockchain.
hero member
Activity: 1190
Merit: 534
June 04, 2017, 11:25:58 PM
#59
If bitcoin doesn't improve itself the ''outdated technology of BTC'' will be the reason of bitcoin defeat. We have at our side the reputation of bitcoin, but technology is very important too and on the internet it's even more important.
Everything here is constantly being upgraded to make the interest of persons continue always, with bitcoin it can't be different.

Agree, and I see the current issue to be resolved is to reduce the transaction confirmation time without a need to include high fees with the transaction. There are many businesses out there who are willing to go with bitcoin for their funds' transfer process but since the price is volatile and the transaction fees are getting costly, they are going in wait and watch mode. I am sure Bitcoin will hit $5K if we could somehow find a viable concrete solution for this issue.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
June 04, 2017, 11:10:50 PM
#58
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.
All crypto currency not only bitcoin do really have volatile prices which we cant able to see a coin which do have a stable price and it seems you are just promoting minexcoin in my own view and theres nothing to do with that coin and im sure its just would be the same on other coins too for sure.
Even though bitcoin is little bit outdated compared on other new coins but still there are users who do love to use it and stores it.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
June 04, 2017, 11:08:24 PM
#57
If bitcoin doesn't improve itself the ''outdated technology of BTC'' will be the reason of bitcoin defeat. We have at our side the reputation of bitcoin, but technology is very important too and on the internet it's even more important.
Everything here is constantly being upgraded to make the interest of persons continue always, with bitcoin it can't be different.
hero member
Activity: 882
Merit: 506
June 04, 2017, 10:33:48 PM
#56
I don't think people will move away from bitcoins, ever. Bitcoins are very solid, even if it is old tech. Other coins might be innovative and all, but no one will move everything into them. Bitcoin is like gold and all else are other precious stones. That's my take on it. Even if I know that bitcoins are the least innovative, but I think it is still the best one.

We don't know how future will react to new technology. But bitcoins are the one started this creative technology, and they also can improve in the future and solve some of the existing issues. But if any other coin solves all the current problems with the bitcoins then they may overtake bitcoins but bitcoins will be there for long, and I think it will not disappear from the cryptocurrencies.
Simplify the problem, imagine in the Cryptocurrencies, Bitcoin in the US dollars, Altcoin in the other currencies, all Altcoins transactions are converted to Bitcoin values like in Forex the majority of currencies are converted into value USD. So how can Bitcoin lose its importance, only if all Bitcoin users lose faith in it, that just happens! Currently Bitcoin just needs to overcome a minor problem in Blockchain, optimizing the time transaction confirm and transaction fee, then Bitcoin will be completely the king of Cryptocurrencies, without having to rely on an Altcoins instead!
You are right, in the moment all altcoins will be converted into BTC, but we observe the tendency, that on the poloniex or other marketplaces the tendency is, that also other cryptocurences can be traded directly into Etherium or Monero. That tendency will also arrive forex-broker soon. The Minexcoin offers a priori the opportnity (accordng to the white paper, we will see, how the devs can realise that) to attract another investors, who prefer to invest for a longer time.

Like what I said, bitcoins are the gold of cryptocurrency. People will tend to move back into gold when everything does fall. Just to illustrate, all fiat currency is backed up by gold in the gold room of their respective country or state. That is the basics of currency. Cryptocurrency, on the other hand, are not backed up by anything, however we all base it on bitcoins which is somehow similar to fiat currency.
member
Activity: 273
Merit: 10
June 04, 2017, 10:22:25 PM
#55
The future of bitcoin I see for now is very good.

It's possible the bitcoin could reach 4000 $.

So i invest bitcoin for my future
sr. member
Activity: 1498
Merit: 251
KUWA.ai
June 04, 2017, 06:43:16 PM
#54
Bitcoin is a very stronger and secure technology and it has a stronger base and I do not think that people do not like its fluctuations because with these fluctuations the traders are earning a very high amount of money and they are very lucky to find it as their asset. I also like it more for my trade.
Yes, I agree with you, bitcoin is really too strong, Mostly these days. The price of 1 bitcoin now is more than 2500$ which it's amazing. Of course bitcoin have a bright future. It will increase over the years and become more stronger than now, I believe in it.
regardimg the latest news from uk and the future of bitcoin will be bright in the fuutre. More countries are tried to adopt bitcoin as legal payment which makes the main stream payment for bticoin itself. It's really good for bitcoin in the fuutre.
legendary
Activity: 1120
Merit: 1000
June 04, 2017, 06:01:45 PM
#53
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 vote for anonymity of the new cryptocurrency what i mean is bitcoin isn't gonna be replaced by this kind of coin but in another way like as an real alternative or a complement for the bitcoin since it it can't be replaced, we all know that bitcoin basically is pseudonymouse whic is need some more steps to protect our anonymity that's why people will use anonimity coin. About high volatility i think that's not a huge problem for the community since it's good for speculate. In my opinion possibility for the crypto can replace bitcoin is fastest and cheapest coins, as an payment method we need something cheap and fast.
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