Stop it with the McAffee predictions, they aren't worth the notice tbh. Nextly, you pretty much just discussed the volatility part of BTC, which is in no way IMO a should be part of the future. If it still stays this volatile even when the supply is finally reached its final moments, then I don't know how much it would be worth by then. If your opt to think of BTC or any other crypto out there as the future, you should probably talk about it's adoption across various platforms. Just like how some eCommerce sites have started accepting BTC payments and how Crypto ATMs are out there in a few countries.
Still, when I read about you actually stating McAffe at the start, I should've already understood that this wasn't about BTC's future, it was about BTC being an investment for your future.
Topic: Personally i think bitcoin is future - page 3. (Read 543 times)
Then how do you think bitcoin is the future if most of those examples you have mentioned came from other predictions? The prediction of McAfee, many have believed in his prediction but forgotten that it's just a prediction, a guess, an opinion coming from him.
You can set him on the side and don't rely on too much with your decision through his entire prediction. Everybody who is holding at this moment is bullish in bitcoin and that's you have to remember and we don't have to argue about the future of bitcoin. But if you think that the price relies on somebody's prediction, you have to think again. Dig on the price prediction of Novogratz during 2018 and you know what happened by that time.
You can set him on the side and don't rely on too much with your decision through his entire prediction. Everybody who is holding at this moment is bullish in bitcoin and that's you have to remember and we don't have to argue about the future of bitcoin. But if you think that the price relies on somebody's prediction, you have to think again. Dig on the price prediction of Novogratz during 2018 and you know what happened by that time.
I don't see anything that explains why do you personally think bitcoin is the future.
Quoting people's guesstimates on what will be the price of bitcoin short-term does not secure bitcoin being the future of money, nor even explain why bitcoin is t he future. It can always go higher than Mt. Everest but if people and the world's attention is not directed to it, and develop it into something useful for their own gain, it will never be the future. Perhaps short-term people can see its worth as replacement for cash due to the pandemic, but again, how many merchants and services are really accepting bitcoin these days?
I'm not a non-believer but I just want logical answers on rhetorical questions that seem to never end in this forum.
Quoting people's guesstimates on what will be the price of bitcoin short-term does not secure bitcoin being the future of money, nor even explain why bitcoin is t he future. It can always go higher than Mt. Everest but if people and the world's attention is not directed to it, and develop it into something useful for their own gain, it will never be the future. Perhaps short-term people can see its worth as replacement for cash due to the pandemic, but again, how many merchants and services are really accepting bitcoin these days?
I'm not a non-believer but I just want logical answers on rhetorical questions that seem to never end in this forum.
The thing here is that this type of predictions gives hopes to a type of person like OP. I mean, who gives a shit about mcafee anyway? he already back down from his words and we won't be seeing his dick getting eaten live at television anymore (It's a joke, chill).
Looking at the news article above, even $50,000 is still a pipe dream at the end of 2020 because of the dilemma we are having right now like when is difficulty going to adjust for the miners to start profiting again? how will this crisis we are having right now will affect the future market? The future is still unpredictable.
Bitcoin's volatility is one of the reason why it is not the future, it doesn't surpasses the standard of being a currency because there are some factors to be considered. It can reach the all time high again and it can also lower its price than you can imagine, its shifting of price from high to low is really fast and it will not really become an effective as a long term investment.
Bitcoin is only for a short term investment and manipulation, especially if it is necessary for you to have transaction in a short period of time. It is possible if people promote it and have a massive mass adoption that each and every people can benefit about it. But it is not that easy to achieve especially that there are still government that doesn't support the use of cryptocurrency in their community. Overall, bitcoin is potentially the future of all coins not specifically the future of all.
well in your first two sentences you brought up 3 things that makes think you neither believe nor care about bitcoin future. speaking of price, market capitalization and an idiot called McAfee.
the future of bitcoin is not about its price, but its adoption and its usage as a currency worldwide. while the bitcoin price is a byproduct of that adoption. instead of focusing too much on the price and the profit in percentage you can make from bitcoin, you should seriously start using bitcoin and see what it really offers (hint financial sovereignty).
the future of bitcoin is not about its price, but its adoption and its usage as a currency worldwide. while the bitcoin price is a byproduct of that adoption. instead of focusing too much on the price and the profit in percentage you can make from bitcoin, you should seriously start using bitcoin and see what it really offers (hint financial sovereignty).
I don't see anything that explains why do you personally think bitcoin is the future.
Quoting people's guesstimates on what will be the price of bitcoin short-term does not secure bitcoin being the future of money, nor even explain why bitcoin is t he future. It can always go higher than Mt. Everest but if people and the world's attention is not directed to it, and develop it into something useful for their own gain, it will never be the future. Perhaps short-term people can see its worth as replacement for cash due to the pandemic, but again, how many merchants and services are really accepting bitcoin these days?
I'm not a non-believer but I just want logical answers on rhetorical questions that seem to never end in this forum.
Quoting people's guesstimates on what will be the price of bitcoin short-term does not secure bitcoin being the future of money, nor even explain why bitcoin is t he future. It can always go higher than Mt. Everest but if people and the world's attention is not directed to it, and develop it into something useful for their own gain, it will never be the future. Perhaps short-term people can see its worth as replacement for cash due to the pandemic, but again, how many merchants and services are really accepting bitcoin these days?
I'm not a non-believer but I just want logical answers on rhetorical questions that seem to never end in this forum.
The thing here is that this type of predictions gives hopes to a type of person like OP. I mean, who gives a shit about mcafee anyway? he already back down from his words and we won't be seeing his dick getting eaten live at television anymore (It's a joke, chill).
Looking at the news article above, even $50,000 is still a pipe dream at the end of 2020 because of the dilemma we are having right now like when is difficulty going to adjust for the miners to start profiting again? how will this crisis we are having right now will affect the future market? The future is still unpredictable.
I don't really understand what you are trying here. Do you describe your own opinion or McAfee's prediction? If you are trying to discuss McAfee's prediction, I think we have already done it many times and no need another thread for discussing it. You must know that $1 million is only a prediction and no one knows it really can happen or not, or when it can happen in the future. However, I really doubt if Bitcoin can reach $50,000 or $1 million this year. Just think realistically and learn how significant the move of Bitcoin price lately, there is no reason that it will go to $50,000 or $1 million in the near future.
Seems OP just mentioned some predictions and linked some articles about bitcoin price. Post doesn't match with the title. Most likely OP think bitcoin is future if price increse which is wrong in my opinion. The main concern is uses of bitcoin, when uses of bitcoin will increase and you can use it for your daily needs then we might say bitcoin is future. Don't follow such as unrealistic prediction and don't expect such as returns. This wasn't the main concept of bitcoin, we can't evaluate bitcoin with price. Ofcourse price would be reasonable when its uses will increse. So please explain briefly what is your thought and why you think bitcoin is future?
I also agree with your opinion cause transaction with BTC is more secure and we notice that already many worldwide companies or service accepting BTC as there payment gateway so its time to see if big E-Commerce Like Amazon, Alibaba, etc, if they start BTC as payment gateway then your opinion may become true .we are seeing already many people are involving to BTC investment ..
I don't see anything that explains why do you personally think bitcoin is the future.
Quoting people's guesstimates on what will be the price of bitcoin short-term does not secure bitcoin being the future of money, nor even explain why bitcoin is t he future. It can always go higher than Mt. Everest but if people and the world's attention is not directed to it, and develop it into something useful for their own gain, it will never be the future. Perhaps short-term people can see its worth as replacement for cash due to the pandemic, but again, how many merchants and services are really accepting bitcoin these days?
I'm not a non-believer but I just want logical answers on rhetorical questions that seem to never end in this forum.
Quoting people's guesstimates on what will be the price of bitcoin short-term does not secure bitcoin being the future of money, nor even explain why bitcoin is t he future. It can always go higher than Mt. Everest but if people and the world's attention is not directed to it, and develop it into something useful for their own gain, it will never be the future. Perhaps short-term people can see its worth as replacement for cash due to the pandemic, but again, how many merchants and services are really accepting bitcoin these days?
I'm not a non-believer but I just want logical answers on rhetorical questions that seem to never end in this forum.
I think it should be because today is eCommerce era and maximum payments now doing with online system like credit cards or mobile banking. etc. So here BTC can be also use for online payment gateway as it using more secure platform. That is why all the big big technological company now investing here and many billionaires also. So the more men or company will engaged here, the more BTC platform will strong and near future we hope we will see this.
thanks.
thanks.
Bitcoin future price of $1 million comes true in 2020, that would give it a total market capitalization of $15 trillion. Going back to McAfee's prediction, Bitcoin would need to increase its value by more than 4,900% from its all-time high of $20,000.
Check the link follow the instruction: https://www.coindesk.com/market-wrap-some-miners-face-an-uncertain-future-despite-rising-bitcoin-price
Bitcoin will reach a price of $50,000 by late 2020. He also believes that the market cap of all cryptocurrencies will burst up to a whopping $2 trillion (from the current $150 billion) within the next 10 years.
https://cdn.steemitimages.com/DQmWchMRiGB4FRGMc3EQfphq6fraA83Em9RKUHCV2ob9jat/gggg.jpg
Billionaire Michael Novogratz has invested approximately 30 percent of his fortune in cryptocurrencies. He began investing in 2015 and announced a $500 million cryptofund, which includes $150 million of his own fortune, in 2017. So i think it will be going for everyone future.
Check the link follow the instruction: https://www.coindesk.com/market-wrap-some-miners-face-an-uncertain-future-despite-rising-bitcoin-price
Bitcoin will reach a price of $50,000 by late 2020. He also believes that the market cap of all cryptocurrencies will burst up to a whopping $2 trillion (from the current $150 billion) within the next 10 years.
https://cdn.steemitimages.com/DQmWchMRiGB4FRGMc3EQfphq6fraA83Em9RKUHCV2ob9jat/gggg.jpg
Billionaire Michael Novogratz has invested approximately 30 percent of his fortune in cryptocurrencies. He began investing in 2015 and announced a $500 million cryptofund, which includes $150 million of his own fortune, in 2017. So i think it will be going for everyone future.
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