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Topic: Reasons why you’ll end up using Bitcoin eventually (Read 1892 times)

member
Activity: 79
Merit: 10
I so believe in Bitcoin and am such an advocate for Bitcoin as well. More people are using it, I run a therapy business on line and accept Bitcoin for my services. I offer 10 percent less for people to use Bitcoin and some of my patients actually joined and started using t get that 10 percent discount so soon fiat money and the collapse of oil and our monitory system will I feel be taken over by such a service as Bitcoin.

Enjoyed reading the article :-)
sr. member
Activity: 406
Merit: 250
AltoCenter.com
I know that too... But most of us still don't get the value still
sr. member
Activity: 252
Merit: 250
2015 won't be any different. at least that's what i think. is there any reason why it should be different?

Is there any reason why it should stay the same? I don't understand some of these predictions no one knows whats going to happen next year we might have some whales deciding to deposit even more money into Bitcoin or withdrawing.
I believe that 2015 will be different yes!
2014 was a very bad year for Bitcoin, with respect to its value in US dollars.
but in 2014 were prantadas some seeds (such as paypal, Microsoft, among others) and possibly in 2015 will have some to spoon
legendary
Activity: 1596
Merit: 1000
VC is injecting millions of dollars to bitcoin projects year by year. They have strong faith in the prospect of bitcoin. I think there are many killer consumers application coming out any time in the near future.
sr. member
Activity: 388
Merit: 250
The countries banning the coin is because they understand the danger the coin poses for their big banks who pay the politicians. What we are seeing is nothing, wait until a country like Africa (who has used digital currency for a long time) institutes the use of it to buy and selel international imported and exported products. Smiley This is going to anger and upset banks more than anything. Once countries and people realize how low cost it is to send money worldwide by use of Bitcoins they will want to ban it make laws against it, but if a country like Africa is using it as their countries currency They cant make it illegal to use it becasue big corporations and international business who import things from africa will need to use it to buy the products they need. It will be on the foreign exchange market because it is a countries currency. OMG what would this do the worlds currency market. What would the currencies be backed by the USD or the Bitcoins. then who is the master USA or Africa?

FYI, Africa is a continent. You might want to brush up on your geography knowledge a bit more.
legendary
Activity: 2324
Merit: 1039
I think bitcoin proved already that can be something drawing attention.
As currency itself proved as well can be used in todays times.
BTC will silently moved forward just to clarify:

https://www.youtube.com/watch?v=aIXyKmElvv8#t=35

There is not need for fireworks. we already achieved more by talking about btc and considering it as something which can be use in so many different angles.
full member
Activity: 124
Merit: 100
2015 won't be any different. at least that's what i think. is there any reason why it should be different?

Is there any reason why it should stay the same? I don't understand some of these predictions no one knows whats going to happen next year we might have some whales deciding to deposit even more money into Bitcoin or withdrawing.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Felt like giving it a read just because of that nice image ^^
And yep we are resilient users ^^
The revolutionary block chain is indeed useful but the question is becoming what will Bitcoin 2.0 look like but that is something else to look forward to in 2015 and onwards into the future.

Do you mind explaining please ? what do  you mean by Bitcoin 2.0 , I see more & more people saying that but I still don't get it
BTC is a digital currency  , right ? how it has versions then ? Shocked or whatever that 2.0 stands for

@On topic , I would say the Q4 of 2016 that's when Bitcoin price will rise & more users will come.

Bitcoin 2.0 is Sidechains (can be based off current blockchain technology, or independant of it)
The benefit is that we can experiment with new ideas and try different things without risking any problems with Bitcoin itself.

http://techcrunch.com/2014/10/25/bitcoin-2-0-sidechains-and-zerocash-and-ethereum-oh-my/

Maidsafe and Mastercoin are examples of this, as they are systems built onto existing blockchain technology, there are also systems being built that are independent of Bitcoin like Ethereum and can perform additional functions such as distributed contracts etc.

This article on Dacs along with the techcrunch one might help you out a bit in getting the idea, but the general concept is that 2.0 allows for companies to issue shares using Blockchain related technology, decentralized stock exchanges would be possible because people could transfer units of account, contracts could be made using multi-signature transactions between different individuals using the blockchain and entire voting systems could be created to log peoples decisions with perfect accuracy. Just a few applications though heck of a lot more that could come down that pipeline in a few years.
http://invictus-innovations.com/i-dac/
sr. member
Activity: 280
Merit: 250
Felt like giving it a read just because of that nice image ^^
And yep we are resilient users ^^
The revolutionary block chain is indeed useful but the question is becoming what will Bitcoin 2.0 look like but that is something else to look forward to in 2015 and onwards into the future.

Do you mind explaining please ? what do  you mean by Bitcoin 2.0 , I see more & more people saying that but I still don't get it
BTC is a digital currency  , right ? how it has versions then ? Shocked or whatever that 2.0 stands for

@On topic , I would say the Q4 of 2016 that's when Bitcoin price will rise & more users will come.
legendary
Activity: 896
Merit: 1000
2015 won't be any different. at least that's what i think. is there any reason why it should be different?
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Felt like giving it a read just because of that nice image ^^
And yep we are resilient users ^^
The revolutionary block chain is indeed useful but the question is becoming what will Bitcoin 2.0 look like but that is something else to look forward to in 2015 and onwards into the future.
legendary
Activity: 1582
Merit: 1064
I believe 2017 is when the supply of new coins begins to decrease a bit more.

And then 2024 (someone correct me) where it really starts to level off.

Everyone should just sit tight for another (sorry) 10 years ...

-B-

I agree.  if you have patience to wait ten years and HODL you could be sittin pretty.

I guess I will hold at least 50% of my coins for the long term come what may.
Maybe 10 years down the line, I can retire using them.
Q7
sr. member
Activity: 448
Merit: 250
Whether it will make an impact next year remains a big question mark. But what i do agree is that even if it doesn't happen next year or the year after or even the next coming year, it's bound to take place some day. And when that happens it's gonna be big.... real big.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I believe 2017 is when the supply of new coins begins to decrease a bit more.

And then 2024 (someone correct me) where it really starts to level off.

Everyone should just sit tight for another (sorry) 10 years ...

-B-

I agree.  if you have patience to wait ten years and HODL you could be sittin pretty.
hero member
Activity: 1008
Merit: 502
The countries banning the coin is because they understand the danger the coin poses for their big banks who pay the politicians. What we are seeing is nothing, wait until a country like Africa (who has used digital currency for a long time) institutes the use of it to buy and selel international imported and exported products. Smiley This is going to anger and upset banks more than anything. Once countries and people realize how low cost it is to send money worldwide by use of Bitcoins they will want to ban it make laws against it, but if a country like Africa is using it as their countries currency They cant make it illegal to use it becasue big corporations and international business who import things from africa will need to use it to buy the products they need. It will be on the foreign exchange market because it is a countries currency. OMG what would this do the worlds currency market. What would the currencies be backed by the USD or the Bitcoins. then who is the master USA or Africa?
hero member
Activity: 924
Merit: 1001
I believe 2017 is when the supply of new coins begins to decrease a bit more.

And then 2024 (someone correct me) where it really starts to level off.

Everyone should just sit tight for another (sorry) 10 years ...

-B-
sr. member
Activity: 476
Merit: 250
Very happy to see this day come, 2015 is best.
legendary
Activity: 1582
Merit: 1064
Regulators softening stance on Bitcoin doesn't seem to be happening too soon.
I guess it will take a lot of time.
The list of countries hostile to Bitcoin keeps increasing.

"First they ignore you, then they laugh at you, then they fight you, then you win."
-Mahatma Gandhi

Ha ha... I hope the winning part comes soon enough.
member
Activity: 100
Merit: 10
After this 4 years circle u will get 12.5 BTC for 1 block found and more latest hardware's and prices
legendary
Activity: 3374
Merit: 1824
Bitcoin is here to stay. There is no doubt about it. I do not think adoption is going to explode in 2105. It is going to come slowly. I agree with the article that bitcoin is very strong in the remittance sector, companies like western union  should be very worried right now.

Yes, you are right.
I think that we will see slow adoption of BTC over nexr a few years, but eventually BTC will become mainstream and replace bank wires and WU money transfers simply because it's safer, faster and cheaper way to send or receive money worldwide (and more and more people are aware of this).

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