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Topic: How do you think Bitcoin & Crypto would look like in 10 years? (Read 1821 times)

legendary
Activity: 3514
Merit: 1548
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I think 10 years is very long time for us to talk and predict that will happen in the crypto, but for my opinion in 10 years from now, a lot of businesses and institutions will accept bitcoin as a method of payment.
legendary
Activity: 2534
Merit: 1338
If we look at what's happened in first 10 years in existence of BTC maybe we can predict some things in the future. We see that adoption is rather slow, although some do not agree with that - but for sure in next 10 years we can expect things will develop at much faster speed. Some things that will happen in crypto world in next 10 years :

- Halvings, 2020/2024/2028 - so amount of new coins in market will go down to a significant extent.
- Regulations, many countries will make rules for crypto like Japan or Germany today - trading, tax, payments will become normal things.
- BTC&Crypto ETFs, probably will be approved in next 10 years - meaning big money may enter in crypto.
- Internet availability will be increased in the world - meaning new users will get access to BTC ( almost 50% WP without Internet today ).

BTC has a great opportunity to become world popular currency and store of value, it perfectly fits in the digital age in which we live. Almost all prediction by some crypto enthusiasts say that price will go up above 100 000$ in next 4-5 years, so in next 10 years I do not expect anything less of that amount.
The first 10 years of the existence of bitcoin were very slow because the technology is still being developed and it still hasn't reach its final form, and even at this point in time the technology is still not perfected, but I think it will be during the next years, and then when that happens and finally we have cheap payments again I think that will be the moment in which adoption begins to grow faster.
legendary
Activity: 3234
Merit: 5637
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If we look at what's happened in first 10 years in existence of BTC maybe we can predict some things in the future. We see that adoption is rather slow, although some do not agree with that - but for sure in next 10 years we can expect things will develop at much faster speed. Some things that will happen in crypto world in next 10 years :

- Halvings, 2020/2024/2028 - so amount of new coins in market will go down to a significant extent.
- Regulations, many countries will make rules for crypto like Japan or Germany today - trading, tax, payments will become normal things.
- BTC&Crypto ETFs, probably will be approved in next 10 years - meaning big money may enter in crypto.
- Internet availability will be increased in the world - meaning new users will get access to BTC ( almost 50% WP without Internet today ).

BTC has a great opportunity to become world popular currency and store of value, it perfectly fits in the digital age in which we live. Almost all prediction by some crypto enthusiasts say that price will go up above 100 000$ in next 4-5 years, so in next 10 years I do not expect anything less of that amount.
hero member
Activity: 1148
Merit: 528
I see a lot of people claims that crypto is the currency of the future and in few years the value of one BTC would be around 70-100k
How do you think this industry will evolve in the future and what would really happen?

Remember the date, 10 years from now we can come back and see if we right XD

Is there really any point trying to see what the price would be in ten years. Probably since we have been able to see some huge increase over the years and let's just say we are able to get as high as this over the years within a short period of less than 10 years, then I would say within the range of $100k is quite realistic enough in 10 years.

The market could go more than that, we might get to start testing a higher low in a longer time frame as a good support, but however it is going to be, time will absolutely tell.
hero member
Activity: 854
Merit: 501
The future of Bitcoin in the coming years is really a better one. When one says that Bitcoin is the future currency it doesn't necessarily means that every other curreny will disappear so that Bitcoin will exist but instead,  it means that both Bitcoin and countries fiat will cooperate together to work things out.
The future of Bitcoin will be brighter and the onwards after 10 years will be more bright as we know that 9 years ago its was equal to 1 US dollar and now it is equal to a lot of US dollars so this is a great achievement. Even if we look at its average price it is on the increase trend which is a strong proof for its better future, if is spreading in the world and with the passage of time and is improving by price as well.

hero member
Activity: 980
Merit: 507
I see a lot of people claims that crypto is the currency of the future and in few years the value of one BTC would be around 70-100k
How do you think this industry will evolve in the future and what would really happen?

Remember the date, 10 years from now we can come back and see if we right XD
I don't know. As much as I would love having crypto to be a big thing in the future, it may not happen. Regulation is what will destroy the hopes of people who want crypto to go around 70-100k or more.

Crypto might be dead much sooner than we think it would, by the looks of how things are. 10 years later, I wouldn't mind if crypto is at the same price as now. Or maybe a little more would be good.
sr. member
Activity: 1330
Merit: 291
Bitcoin and crypto currency in general will become more acceptable as a means of exchange for goods and services in almost all the society in the world. And the implications is that, there will be a demand pull inflation on the market value of Bitcoin which will invariably push its market value higher than its current value in the next 10 years.
sr. member
Activity: 924
Merit: 260
I see a lot of people claims that crypto is the currency of the future and in few years the value of one BTC would be around 70-100k
How do you think this industry will evolve in the future and what would really happen?

Remember the date, 10 years from now we can come back and see if we right XD

I think the industry will be great in future.  In some years to come bitcoin will be above $100,000 because many people are become aware of cryptocurrencies and what it can do in our current society.  Bitcoin is going to grow and no matter what what is happening now we should not be afraid to invest.
full member
Activity: 378
Merit: 101
Tough to predict even with this year coming December where most people are looking forward to their speculation and expectation for the price and its progress, so many things might happen to bitcoin and most of the cryptocurrency as well as their own respective blockchains for the coming years, we can speculate massive adoption that gains more popularity and upgrades to bitcoins blockchain innovation, top 10 cryptos in the present might be changed if they've failed to maintain their position, bitcoin is still the leading coin with an expensive price and cap.
newbie
Activity: 149
Merit: 0
I see a lot of people claims that crypto is the currency of the future and in few years the value of one BTC would be around 70-100k
How do you think this industry will evolve in the future and what would really happen?


Remember the date, 10 years from now we can come back and see if we right XD
https://guerrillabuzz.com/wp-content/uploads/2018/09/BackToTheFuture-Crypto-mems-guerrilla-buzz-.jpg
Ten years from now it is not impossible that cryptocurrency has taken all over the world and it is not impossible that it could take over fiat money.
jr. member
Activity: 182
Merit: 1
I think that in 10 years bitcoin and the whole industry will be very well developed ! Market capitalization will be 5-6 trillion dollars and the price of bitcoin in the area 300 000 - 400 000 $
legendary
Activity: 1372
Merit: 1252
In 10 years time I think cryptocurrencies will be adopted in every segment of economy and Bitcoin will cost at least 1 Million dollars. The whole world will be digitalized and robots will do a lot of things that we are doing right now.
you are right, bitcoin requires 3 confirmations to ship and takes 15 minutes for 1 confirmation but I think there are still many rivals in terms of transaction speed in the next 10 years.

I don't have much hopes at seeing big improvements in speed and transaction capacity on-chain. Just think about the massive drama that segwit brought. It was years of discussions until it actually happened, not without side effects (bitcoin cash was born and we now have this ridiculous war about who is the real bitcoin and whatnot). Further attempts will only bring more of that. There will no consensus.

Second layer scaling will get better in the future, I have no doubts about that. As far as altcoins go, I seriously doubt an altcoin without the store of value property will challenge bitcoin just because it's fast and cheap. People will rather use second layers on bitcoin once wallets are widespread and easy to use just to not go through the annoyance of dealing with a second token. I still hope nonetheless research and experimentation continues even if it happens outside of bitcoin.
hero member
Activity: 2240
Merit: 848
10 years from now you'll likely be able to go pay any major online retailer instantly with Bitcoin using Lightning Network. People will store some of their wealth in Bitcoin as people do in gold now. Bitcoin will be much less volatile and probably have a price in the low to mid 6 digits. There will be a handful of other major coins and a bunch of trash coins for trading like we have today, but it'll be a whole new set of trash coins. Ethereum or another blockchain computing platform will have a moderately sized set of applications running on it, but it won't take over from major centralized applciations. Bitcoin will be the main way in which people interact with cryptocurrencies.
sr. member
Activity: 616
Merit: 252
In 10 years we will have successful coins that do not exist today.

Yes, I expect it as well that there are coins that will yet to be developed and there is even a possibility that it would be able to take the throne of bitcoin. Other developers would continue to innovate and they should not just focus on the technical side of the coin but they should know how to market it because even if they have great coin, people wouldn't be able to know it if they lack the marketing strategy. As for adoption, maybe 10x of the people who knew about cryptocurrency today would have already use cryptocurrency.
newbie
Activity: 94
Merit: 0
In 10 years time I think cryptocurrencies will be adopted in every segment of economy and Bitcoin will cost at least 1 Million dollars. The whole world will be digitalized and robots will do a lot of things that we are doing right now.
you are right, bitcoin requires 3 confirmations to ship and takes 15 minutes for 1 confirmation but I think there are still many rivals in terms of transaction speed in the next 10 years.
jr. member
Activity: 79
Merit: 3
In 10 years we will have successful coins that do not exist today.
legendary
Activity: 2534
Merit: 1338
10 years is a lot of time and too many things could happen during that time, for example bitcoin could be adopted globally and at that point everyone will know what is bitcoin and how valuable it is, however it is also a possible that bitcoin gets banned by most countries around the world and as such it doesn't grow a lot during that time frame or it could even go down because of all the bans.
legendary
Activity: 3654
Merit: 1165
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Bitcoin and cryptocurrency in ten years time will be a norm,every common man will know about it,and possibly be using cryptocurrency..
Yes, I think bitcoin and many more crypto currencies will become a regular part of our lives, it will be something like cash and debit cards and we will spend what we have and not like credit cards where we spend more than we have.

The mobile phone payment systems are getting more and more known by people and I am sure it will take a lot of time but in 10 years time we will see that get more common and we will see bitcoin phone apps that will allow us to pay with bitcoin for regular stuff like eating a dinner in a restaurant and paying with bitcoin thanks to those mobile phone bitcoin payment apps. We just need to wait a bit and 10 years will be enough time for that.
jr. member
Activity: 252
Merit: 2
Bitcoin and cryptocurrency in ten years time will be a norm,every common man will know about it,and possibly be using cryptocurrency..
full member
Activity: 714
Merit: 114
In the next 10 years ? Well i believe the cryptocurrencies such as bitcoin will look like a regular currency because they will now have their own physical shape or form . inventors will possibly port cryptos to the offline world in order for other people to use them because majority of the population are still having trouble to use crypto due to their status in life .

I also forseen that the value of most cryptos will drastically increase because the adoption will now become a widespread globally .
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