I've voted for $10.000 (although I don't know if the year is right, otherwise we could all be rich soon, and it can also go down to $100 again). I consider the 160-200 billion market cap a realistic "end point" of Bitcoin's evolution.
160 billion would mean that 160 million people would own the equivalent of $1000 each - that's a realistic value for a substantial part of the income in a large part of the world. What are the use cases? In my opinion: first, remittances; second, larger online buys; and third, small-scale storing of wealth in countries with unstable currencies.
160 million users, with LN and sidechains enabled, can do 2 on-chain transactions/month with a 1 TB/year blockchain (15-20 MB/block). That's another constant I have in mind when considerung a possible "steady state" in Bitcoin evolution, because much more capacity would centralize the network, and much less would impede mass adoption.
Topic: I dream of a day BTC will be boring! [POLL] - page 3. (Read 2779 times)
I don't think that bitcoin can become boring. First of all, bitcoin price isn't stable and it won't become stable soon. Price factor is one of the reasons why bitcoin isn't boring.
Also, bitcoin have to be used by everyone and accepted everywhere to become boring thing. I don't think it's possible.
And maybe, centralization of bitcoin can make it to boring and usual thing.
Also, bitcoin have to be used by everyone and accepted everywhere to become boring thing. I don't think it's possible.
And maybe, centralization of bitcoin can make it to boring and usual thing.
The use of Bitcoin is surely what you're comparing to as a consumer, the economy and full investment cycles one can put this through may never be boring.
If you're worried about ever thinking of cryptocurrencies as a method of payment then opening up material may increase your point of view... Get started by using it as an asset rather than an option to pay.
Thank me later!
If you're worried about ever thinking of cryptocurrencies as a method of payment then opening up material may increase your point of view... Get started by using it as an asset rather than an option to pay.
Thank me later!
Bitcoin is boring for most of the long term investors like myself. I do not look at the short term volatility but rather what Bitcoin does over a longer
period. I do not day trade anymore, because it controls your life, and you have to arrange everything around the highs & dips in the price. I check
the price once per day, out of interest. So for most of us, Bitcoin is pretty boring.
period. I do not day trade anymore, because it controls your life, and you have to arrange everything around the highs & dips in the price. I check
the price once per day, out of interest. So for most of us, Bitcoin is pretty boring.
I don't know for real if I would ever find this crypto currency to be boring,
I mean I am fascinated about how it really works .
I mean I am fascinated about how it really works .
Bitcoin will only get boring if it's value goes on going down.
As long as it goes up, or stays stable, it won't be boring.
looking at the trend, I don't see the value of bitcoin ever hitting rock bottom
So, yeah, for me, bitcoins wont get boring
As long as it goes up, or stays stable, it won't be boring.
looking at the trend, I don't see the value of bitcoin ever hitting rock bottom
So, yeah, for me, bitcoins wont get boring
Yes, it's true.
While Bitcoin helps me to have a easier life with more accessibility to the daily tasks it won't be boring. Bitcoin will become boring if it becomes bureaucratized with high taxes and many people trying to regulate it to get desnecessary money from us. Maybe boring can mean a part of our routine, and I'm sure BTC will be a part of it in the future.
None of those prices are high enough to induce certifiable boredom. A $10,000 price is a $160 billion or so market cap. That's still not that big and it leaves copious room for growth.
If it can break the 150-1500 price level for good then I believe the only way will ever be up in the long run. There are multiple billions more people who've never had a sniff of BTC.
If it can break the 150-1500 price level for good then I believe the only way will ever be up in the long run. There are multiple billions more people who've never had a sniff of BTC.
Bitcoin will only get boring if it's value goes on going down.
As long as it goes up, or stays stable, it won't be boring.
looking at the trend, I don't see the value of bitcoin ever hitting rock bottom
So, yeah, for me, bitcoins wont get boring
As long as it goes up, or stays stable, it won't be boring.
looking at the trend, I don't see the value of bitcoin ever hitting rock bottom
So, yeah, for me, bitcoins wont get boring
OP has been drinking... 
I don't think price and it's stability (or lack of) will make Bitcoin boring, I assume that "boreness" will come when mining ends. However I'm also assuming that by then we had already found other ways to keep things interesting...
I don't think price and it's stability (or lack of) will make Bitcoin boring, I assume that "boreness" will come when mining ends. However I'm also assuming that by then we had already found other ways to keep things interesting... 
You must be drunk and most people are thinking the same thing too. Growing bitcoins price 2x a year seems not too unrealistic for me but possibilities are there and even more those mentioned amounts wont be nothing or bitcoin would managed to rise even more.
Growing bitcoins price 2x a year seems not too unrealistic for me but possibilities are there and even more those mentioned amounts wont be nothing or bitcoin would managed to rise even more. I dream of a day where bitcoin is boring
So boring as to be like a credit card...just a utility.
can I get an amen?
I dream of a day when all bitcoin folk come together miners and bitcoin core etc ..resolve the block size issue and move on to the real fun
making BTC scale like the credit cards above and be boring!
I dream that the PBOC will be less and less relevant the more and more it cries wolf and as such China exchanges will move and/or just not matter
I dream because of all the above and 80% of all BTC ever made will be done in 2018..that my frigging BTC will be worth 10k each
All in the name of BOREDOM
(hey, if BTC works as it is supposed to ..it should be boring as hell ...at least a the consumer/user end )
Hallelujah
Your thoughts and dreams of how/when/ this may come to pass
be sure to take the poll
So boring as to be like a credit card...just a utility.
can I get an amen?
I dream of a day when all bitcoin folk come together miners and bitcoin core etc ..resolve the block size issue and move on to the real fun
making BTC scale like the credit cards above and be boring!
I dream that the PBOC will be less and less relevant the more and more it cries wolf and as such China exchanges will move and/or just not matter
I dream because of all the above and 80% of all BTC ever made will be done in 2018..that my frigging BTC will be worth 10k each
All in the name of BOREDOM
(hey, if BTC works as it is supposed to ..it should be boring as hell ...at least a the consumer/user end )
Hallelujah
Your thoughts and dreams of how/when/ this may come to pass
be sure to take the poll
How come that it will become boring if we are earning money from it, maybe it is boring for you if you don't like earning money that much because you already have too much, you don't know where to spend all your money in your BANK ACCOUNTS, that is why maybe you are dreaming this kind of weird dreams. If this is the case, then you should probably donate to some charities that you know, which do really needs money.
I can't see why bitcoin would be boring someday, its price when it starts was really low compare to its price right now, but people never got bored in the first place, why? because loving something is different than wanting something, and we do love BITCOIN, we love it to the moon and never back, and we all know that the more its price goes up, the more excitement it will bring to us, and it will never gets old.
bitcoin and drama are like inseparable twins!
from early days drama was a part of the community and it seems like everybody likes it too, the media, users, developers, miners they all seem to like it and join in.
and price is just a small part of it all, which is mostly taking effect from the rest.
there are too many topics from some simple things such as Who is Satoshi to some more complicated stuff that even bring wars such as the block size debate.
so i vote for "not in our lifetime"
from early days drama was a part of the community and it seems like everybody likes it too, the media, users, developers, miners they all seem to like it and join in.
and price is just a small part of it all, which is mostly taking effect from the rest.
there are too many topics from some simple things such as Who is Satoshi to some more complicated stuff that even bring wars such as the block size debate.
so i vote for "not in our lifetime"
If that's your definition of boredom then count me in as your fandom partner but while looking it without my glasses, I think we won't get bored anytime in at least next 5 to 10 years and things will move on till then like before. Many many many people are still unaware about bitcoin so technically they are still in 2010 or 2011 and this majority would take lot more years to reach normal state where we are standing today.
Nice dream. But I think the higher bitcoin price is, I'm not sure if it will be boring. and even the price is so high, I think it will not mainstream as fiat like most people can own it. I just think that the higher bitcoin price is, there will be little people who use it. imo
To bitcoin become boring it has to pass some tens of years. I think when bitcoin will enter in almost every pearson's life only that your dream will come true. But for that bitcoin has to cost really a lot to be enough for all users, I suppose in use will be mBTCs or even just Satoshies.
in my first year i know bitcoin, i feel i am not gets bored and i am still have passion with bitcoin and i still want to know about bitcoin especially in trading crypto currency because i don't know anything about trading before and because of bitcoin, now i know a little thing about trading.
i am glad that i am with bitcoin industry because in here, i can earn my first money from internet although in the past, i make money too but i feel the new experience when involving with crypto currency. i hope i can see when bitcoin reach the higher price and i hope when the time is come, i can sell my bitcoin to make big profit.
i don't know when the time is pass but maybe we need to waiting for a long time and i don't know if we are still alive when this thing is happen so i think it is better for us to do the best thing that we can do for now.
i am glad that i am with bitcoin industry because in here, i can earn my first money from internet although in the past, i make money too but i feel the new experience when involving with crypto currency. i hope i can see when bitcoin reach the higher price and i hope when the time is come, i can sell my bitcoin to make big profit.
i don't know when the time is pass but maybe we need to waiting for a long time and i don't know if we are still alive when this thing is happen so i think it is better for us to do the best thing that we can do for now.
i have already through bitcoin over than 2 years and it was never bored to me and i think every years people will more excited to use bitcoin especially the price was pretty high currently so in my point of view at least for next 5 years people would never bored to use bitcoin
I from my own projection it would be after the next halving event, the price should be above $5000, so a $50 price movement won't be exicting as it is now. I just hope the EFT is approved soon
I have been following bitcoin for the past 4 years and I have never feel bored! Everyday is an exciting day and I check both bitcointalk and reddit almost everyday, except for the past 2-3 month when I was extremely busy with work. I think it will continue to be "exciting" for the foreseeable future...
I dream of a day where bitcoin is boring
I guess you might need to wait for another 200 years. Only then, bitcoin will be stable and will resemble as fiats.There would be some improvements or debates or speculations or recommendations keeps happening around bitcoin ecosystem to keep us busy to think about saving bitcoins or to think about future prices of bitcoins. I just worry about my government's stand on it, so every day I just check bitcoin news on google.
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