Topic: Personally i think bitcoin is future - page 2. (Read 546 times)

You claim that bitcoin is a future, but does it mean that this future has an end? Let me explain why. With each halving the amount of generated reward decreases. It is not a secret that one day all the bitcoins will be mined and there will be no reward. What of future then it will be?

I do not know what the capitalization of crypto currency will be, but I will only say one thing - many people in cryptocurrency see the safety of their funds in the long term. Therefore, based on the obvious demand, the price will certainly increase.

Sure, bitcoin is certainly a future asset which will be cool to invest in at this point in time. So many assets have not seen the increase with which bitcoin has seen over the years and its finite supply will definitely make it increase more in the future when most people get to know about bitcoin.

I might not be able to able to support McAfee's predictions based on what is happening presently but asides that achieving the said $50,000 - $1Million is quite unrealistic. But of a true Bitcoin is for the future because more people are adopting bitcoin as a form of exchange and its transaction is very fast and reliable with secured identity

I don't really understand it when people are saying that Bitcoin is the future, to be sincere. What future exactly?
That the price will increase and people will make lots of money and later on they will still dump it, or become a future where a lot of people will agree and believe in Bitcoin and start using it for the main purpose it was created for which is peer-to-peer transaction.

So, which one exactly are these people talking about? I really hope that it's going to be the later, because if it's the first, then it's not really worth it because it reaches a level where people can't make profit any longer they will not be interested. But, it would be best to know what it will become when the time comes.

   I at least hope to reach the price of the old $ 20k bull run from December 2017. I honestly don't know what benefits this McAfee has for these absurd and unrealizable predictions, especially in such a short period of time.
  Instead, I am convinced that BTC will be used more and more, as crypto transactions are very fast, convenient and very well secured.

Neither do I. But I don't think McAfee is a Bitcoin whale. He already turned his back to Bitcoin, even calling it an old technology. Even if he didn't, I would still not believe in his unrealistic predictions. He is speaking without sense now.

I do not believe in Novogratz and McAfee. Both of them are bitcoin whales and their only mission is to increase their wealth and for this they can give whatever statement they want to make themselves more famous. As we know that almost of the prediction given by John Macfee are false, there is no point to believe in them. 

Cryptocurrencies has a spot in the future in financial terms however blockchain has the biggest shot in the future since it is applicable to almost all of the fields. I also agree that people are interested in transitioning into digital currencies coz I have seen a data that there is an increase in number of digital payment users, and you can see not only bitcoin but also alternative coins are getting a pump now take a look at ZRX.
Futuristic indeed but there are still problems with connectivity, not all countries have the same internet speed as Europe has which is the heart of any digital transaction. Corona virus might help the increase of crypto adoption.

Both men have been saying a lot about Bitcoin's future price, most of which are really exaggerated. McAfee's words are not anymore reliable. They are bordering to nonsense already. Novogratz is highly invested in Bitcoin that is why he tends to spread FOMO. That's personal for him. He just wants to have his wealth grow as soon as possible. He does not sound objective anymore.

Well I do think it so not just Bitcoins but cryptocurrencies as a whole and in that Bitcoins is the most trusted one at that . Since the government will take time to recover from this financial blow , sooner or later people will be interested in more options . Stock market takes time but cryptocurrencies provide you with a good source of trading , earning extra money and with mining you can make extra bucks if you are living in a country with less electricity expenses.
Cryptocurrencies is an amazing opportunity for people to connect with each other and sell their services all around the world.
It is not just the future , it is very helpful even for the government for the disastrous times , like Corona virus right now , I have seen people earning through cryptocurrencies and not the governmental jobs .

You are calling it the future only because the price is going to rise and each coin is going to be around a million dollar? That is your reason? I thought it is going to be the future because crypto currencies like bitcoin can give us financial freedom. I thought it was going to be the future because it is decentralized and only one person solely owns the coins.
You are still relying on McAfees prediction? I thought he already lost his bet and now he speaks against bitcoin.

Fully agree with that. Bitcoin hasn't been created to take advantage of volatility and get profits. The aim of bitcoin was a decentralized currency which would make transaction peer to peer without any third party involvement. That means the intention was of bitcoin creator give new financial system where we would be our own bank and we don't need to trust anyone with our fund. Remember, 1 bitcoin always will be 1 bitcoin, it will never change. So it's better forget evaluate bitcoin with the price only which isn't clear indicate for bright future

These are speculation which would come true only when bitcoin overcomes all of its hurdles. The two largest being the scalability and legality. One is an internal and technological hurdle while another is external. For it to come true, there should be an overwhelming support for bitcoin by all of miners, developers and general public.

Knowledge about BTC and cryptocurrencies in general does not automatically translate to higher adoption rates. Majority of the world currently have a negative picture of BTC in their minds thanks to all the scams etc associated with it.

It won't go to 1 million or $1 in 2020 since it isn't that volatile even though it is one of the most volatile assets out there. Be realistic.

That's the hard thing actually! bitcoin is a multifaceted tool which makes people tends to be very subjective on how they are going to interpret this diverse and disruptive technology. It is no surprise why people sees bitcoin as a speculative tool for securing their wealth, some uses bitcoin to initialize a transaction for an increase of privacy, or maybe others uses it to achieve financial sovereignty just like what you have said.

Another thing is that, bitcoin is always volatile and there is no guarantee that this will become our future. The only thing that we can guarantee is the decentralization, immutability and censorship-resistant which can maybe a good alternative in our financial system that is flawed.

I think, crypto is gonna be successful, why? Cause computers era just began. Cause is cheaper and faster than money, being similar sure and supply stablished, which means inflation can come by price but not by ammount of btc.

Also, 20 years ago was imposible to order dinner by net. Now its quite easy (QUITE, wich means in future probably will be more).

All the moneys since the egipts has been replaced by something more accepted, more sure, and less fee. I think in the next 30 years we will se lot of countryies using crypto. It just come to stay, and thats more late than soon that btc will become very powerfull, as a storage of value.

Probably its just the beguin of btc. And it will go low as a speculation and non utility thing as it is right now. Rmember is not on the 10500 range yet. So get ready for bearish. Soon or late.

 But if we keep on the internet era, wich only starts 25 or 30 years ago, is evident that in 30-40 years, sending  value will be much easier, and it will be accepted to keep your value on crypto. Probably governements will use that at somepoint...so bitcoin is not the iminent future, but crypto it is. and thats why btc can become virtual gold on the next years. Just when people trust enought and as i sayd, price gets a support zone on 10500.
Coment and criticise me.please, just a newbie here.

Bitcoin is the future. Of course I agree with that. Bitcoin is now at the top of popularity all over the world. Almost all the countries in the world now know about Bitcoin. The price of Bitcoin can go up to $1 million and then it can go down to $ 1 in 2020. There is no way to say for sure about Bitcoin.

Lol, People need to stop following Mcaffee  since he's reputation is ripped off already since he's prediction always fails, he's been unmasked for his intention since he's main intention is to gain money from those fools who believes on him.



Future for bitcoins is given already but I'm sure the one you mean is the adoption since it's not fully wide spread yet since  there are people doesn't reached yet by the blockchain technology and cryptocurrency but if the news about this will spread plus we add something good output with the price and clear information on how to earn or get benefits of it for sure this could attract people to invest with crypto's.

I will not totally agree with the saying of bitcoin being the future as we still have majority of people unaware and inefficient in the use of bitcoin modus especially in area of the internet. If the people don't understand it , would they keep relying on others for their money, earning or profit. No , not for a longer time.