Tell me your predictions about Bitcoin - page 14.

Matimtim

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Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

I think there no possible problem that bitcoin can encounter in the incoming 5 years but if there are some problem that bitcoin can encounter, I think the things that can we contribute in bitcoin to be the most authoritative in the world of currency system in this world are using bitcoin often as means of payment and be a bitcoin user and bitcoin advertiser in different way and that time we can help bitcoin to have stable place in the world of currency system.

franco123

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My prediction to Bitcoin for the next years to come is that it will continue to grow. However, this continues growth of demand, price and value will not be forever. In my opinion, there will come a time that Bitcoin demand will start to fall and so as the price. With that, Bitcoin holders will start on bulk selling their Bitcoins which will then lead to a dramatic down fall of demand and price. This is like the stock market that no one know when it will happen.

Zuilhsa

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Yet, seeing the growth of bitcoin it was predicted that it may hit $8k to $10k by 2020, but as of now it seems that it may cross even the $10k level. If it happens big companies starts adopting bitcoin and alternatively the popularity increases tending the price to go even higher.

Core.BUSTER

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Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

I think the answer is both and I think it will depend to people who have how they will use it. In addition to that, as of now you can say that bitcoin is a currency because you can use it in different kind of transaction but somehow you can also say it is an asset. Lastly, I do believe that bitcoin is a currency and an asset.

Core.BUSTER

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Quote from: Mehek on July 05, 2015, 05:00:33 AM

Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Anything could happen really.The situation is like Schrodinger's cat. But I would say chances are more likely that it grows bigger since I see a lot of potential and that huge companies and websites are using bitcoins as a payment method. Bitcoin is the future. I don't see bitcoin being ''dead'' any time soon. That phase will be over.

Actually, I have a lot of prediction about bitcoin but my real prediction about bitcoin is it will pump in the future and it will result to a good income.in addition to that, I also predict that bitcoin will not going to die but it will survive in the future and I do believe that it will become our future money.

Core.BUSTER

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Quote from: Mehek on July 05, 2015, 05:00:33 AM

Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Anything could happen really.The situation is like Schrodinger's cat. But I would say chances are more likely that it grows bigger since I see a lot of potential and that huge companies and websites are using bitcoins as a payment method. Bitcoin is the future. I don't see bitcoin being ''dead'' any time soon. That phase will be over.

Actually, I have a lot of prediction about bitcoin but my real prediction about bitcoin is it will pump in the future and it will result to a good income.in addition to that, I also predict that bitcoin will not going to die but it will survive in the future and I do believe that it will become our future money.

iluvpie60

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Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Bitcoin will continue to spread and become faster and better for seure transactions.

Fiat currency is going down the drain. It becomes worth less each year. Look at many countries who go into a huge crisis. Venezeula got hit really hard, if many people were able to buy into bitcoin down there they could have saved themselves. It is sad they didn't know about it.

the rise

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I think the recent rumors and sensitive news is very effective in helping to strengthen the bitcoin, the attitude of community and bitcoin investors is very smart in handling any news that applies, including the ICO ban in china which I think only gives effect for one or two days .

My prediction in the future is that Bitcoin will continue to face more complex challenges, and what I am worried about only if there is a breakdown in bittrex and poloniex markets, this will have a big effect on bitcoin prices.

fullypak

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Quote from: adjudicator on September 07, 2017, 12:07:11 PM

Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Botcoin is known to be a very well respected cryptocurrency due to the fact that it's the first ever cyptocurrency and the price of it is way more better than any of the altcoins you know. The only thing that migh get bitcoin in to trouble is the legalization of it in the whole world because we are all aware that bitcoin is being used sometimes for illegal transactions which is why investor sometimes are scare and worried about what may happen.

Not sometimes the bitcoins are most used for the illegal purpose only. Where we have the opportunity to use this Bitcoin in a legal way. We can not invest bitcoins in any business, and no legal company can accept this Bitcoin as an investment. But day by day the Bitcoin investors are increasing, and the price is increasing. End of the day what we will need the high price no worries before completing this year the price may reach $5k.

orarider

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Quote from: Yadstiker on September 07, 2017, 10:13:49 AM

Quote from: djablom1 on September 05, 2017, 06:50:25 AM

Bitcoins will rise more and more, because it is now even used as a payment method in Japan and USA.

That is right. I heard that Coinbase has 10 million customers. There are only 1.6 bitcoin for each of them.

The amount of currency is constant, however, the number of bitcoin users is constantly increasing, so the number of bitcoins each owner will decrease.

adjudicator

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Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Botcoin is known to be a very well respected cryptocurrency due to the fact that it's the first ever cyptocurrency and the price of it is way more better than any of the altcoins you know. The only thing that migh get bitcoin in to trouble is the legalization of it in the whole world because we are all aware that bitcoin is being used sometimes for illegal transactions which is why investor sometimes are scare and worried about what may happen.

Batang Hambog

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Quote from: Harry Hood on July 04, 2015, 10:23:48 AM

Predicting the future is pointless but can be a fun discussion. I don't have any grand opinion - I foresee the usual obstacles: 1) Slow adoptions, 2) Challenged perception issues from the uninformed, 3) Potentially some dilution by competing crypto currencies.

I have stronger opinions on what needs to be done to help Bitcoin. Bitcoin needs to become more familiar with a greater part of the population. Not that the population needs to use it but the population needs to be more aware of it, to the point that it's not a mystery or clouded by misconception. This can be done easiest by mainstream businesses accepting bitcoin for payment, having the "Bitcoin accepted here!" signs next to registers. Adoption by the broad population doesn't need misconceptions to be explained, they just need to see their neighborhood and nationwide stores use it...most people won't even be curious enough to care about the misconceptions at that point. They'll see - Carrefour accepts it? It must be good!

Maybe bitcoin will reaches $5k or maybe it will reaches $10k as the time passes by. Because as you can see as of now. The value of bitcoin is continually rising up. And i wish it will continue. It will benefit the bitcoin users.

majdoso

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bitcoin is increasing day by day and it becomes an important currency in too much country witch give us a good picture of its future.

Bionicgalaxy

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Quote from: bachlovesstories on July 04, 2015, 08:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

In my own personal point of view, my predictions in bitcoin is almost everyone in the world will ise bitcoin as a source of income and the government would accept bitcoin as a legal currency. The only problems that bitcoin would face if some predictions are true that bitcoins price will dump in the near future and i hope that will never happen.

Yadstiker

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Quote from: djablom1 on September 05, 2017, 06:50:25 AM

Bitcoins will rise more and more, because it is now even used as a payment method in Japan and USA.

That is right. I heard that Coinbase has 10 million customers. There are only 1.6 bitcoin for each of them.

StarofBTC

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Quote from: Harriti on September 05, 2017, 01:21:34 PM

Quote from: affandi on September 05, 2017, 12:13:03 PM

not easy to predict the movement of bitcoin. warm news has been announced that China is banning ICO activities in its country. directly or indirectly affect the market. but I am still optimistic about the future of bitcoin, my prediction, later this year bitcoin will reach $ 6000.

I think we do not need wait until the end of this year for see the price of Bitcoin reach to $6,000. After this FUD, the price of it will recovery and breakout soon. Do you remember before breakout $3,000 in August? So, the happens on market now like that time.

I am with those who think that bitcoins are going to hit 5k dollars in the November or December. Bitcoins often decrease in value on weekends and this is nothing new for the bitcoin holders. Bitcoins are not going to go low beyond 4k dollars. We just need to stay calm and support bitcoins.

Wilout

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I believe we will see some dips in the up coming months before a huge pump.

santiPOGI

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$10,000 before the end of the year 2017 ...
we can see the graph of dump and pump of BTC and we can rely bout this that it till be double before the new year ...
for the addition of this i invested my savings $5000 to BTC last week when it dump to $3500 and this will be my gift to myyself .. i will geet my money after the newyear .. and im pretty sure for a good pump..

mirakal

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Quote from: jhongzjhong on September 06, 2017, 01:25:33 AM

I think bitcoin will spreading up soon and many companies will join and tie up bitcoin in terms of pay billing and other payments. In 2030 soon bitcoin well known in whole wild world.

It's very fun to read positive comments but we have to put some limitations because bitcoin is not going to replace the present system.
We have the government who are in charge of everything, bitcoin could be adopted by businesses but not all will adopt as not every business requires an online transaction. Bitcoin will just be part of the payment system to fast tract transaction and offer cheap fees and it's successful already even with slow but consistent growth.

Sled

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Bitcoin- in bullish time

Quote from: albertvert on September 06, 2017, 01:42:25 AM

Quote from: YTBitcoin on September 06, 2017, 12:24:32 AM

Quote from: Izarok on September 04, 2017, 09:24:15 PM

I think this month should be the lowest point of btc this year and by the end of the year it will gain as much as $6000 a piece. With the current market I think it might happen.

I agree this month is the start of downfall to bitcoins. So many reasons are there but it doesn’t mean bitcoin don’t rise. It is just a matter of fact that bitcoin will surely surpass the value of 5000$ definitely because stability at 4300$ or around gets enough now. Ready to fly now.

Ya 100% correct dude.The price of bitcoin is around 4400$.It's stable at the price of 4300$.It's reducing some due to some external factors such as Bulk selling of Holding bitcoin of the large users and due to fall of China ICO fall.This is the correct time to brought the bulk amount of bitcoin.

Instead of panic selling we should do panic buying because that is the best thing to do in this kind of scenario because it is like having a second time to become big time just after a few weeks because if you see that the price of bitcoin drop to a very low price mark this week but it recovers fast and if you buy a lot of bitcoins in that time then you already made a thousand dollars of profit.

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