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Topic: Tell me your predictions about Bitcoin - page 152. (Read 234779 times)

member
Activity: 98
Merit: 10
August 27, 2015, 02:37:17 AM
#96
I think, bitcoin prices in 2016 will decrease due to the emergence of new coins that will exceed bitcoin
legendary
Activity: 1134
Merit: 1000
August 27, 2015, 01:18:41 AM
#95
Why would a goverment drop its own currency and re[lace it with bitcoin?

Will never happen. Bitcoin is a very "rigid" currency and as such unable to be subject of monetary policies. On the contrary bitcoin is seen from many Central Banks of various countries as a big risk for their currencies (understood as for their monetary policies) and as such seen with high doubt or even banned.
member
Activity: 112
Merit: 10
August 27, 2015, 01:03:49 AM
#94
in 2016 the price will be higher because bitcoin bitcoin can be used by the general public, that my predictions
legendary
Activity: 1134
Merit: 1000
August 27, 2015, 12:06:09 AM
#93
I think that the technology connected with bitcoin will have a brilliant future ahead. The technicians tell that have disruptive power for to many other actual technologies. As for bitcoin as a currency I wish the same future because this connection and because was the first specie of this kind of currency.
hero member
Activity: 994
Merit: 1000
August 26, 2015, 11:50:09 PM
#92
There was big talk about bitcoin becoming mainstream in 2015, but I don't think it's going to be at the very least 3 years before bitcoin goes mainstream like Wikipedia did 10 or so years ago. New things take time to adapt and as far as an open-source technology like bitcoin and blockchain is concerned, it will take a long time still until people can trust the digital currency and be confident the currency will not collapse. By then the price will probably be quite high.

Yes, Bitcoin is quite far from mainstream adoption. Even educated, (reasonably) net-savvy people might not have heard of Bitcoin right now. I have tried explaining Bitcoin's principle to a lot of people. Most of them have never heard of Bitcoin before. I think at the next block reward halving (2020), you will have fewer bitcoins, mass adoption and an amazing price.  Grin

There's a difference miles apart between educated and net-savvy people, a lot of highly educated individuals do not comprehend to the continously changing technology, and a lot of tech savvy people are often uneducated and lack a couple skills which had potential to be sharpened. About Bitcoin, I used to talk about it often, way often but realized that bitcoin could only be successful if marketed well. Imagine one of the best reporters and analysts talking positive about bitcoin twice-thrice a week! BTCBTCBTCBTCBTC Cheesy
sr. member
Activity: 294
Merit: 250
August 26, 2015, 08:09:35 PM
#91
i guess bitcoin in the future will become global currency
and i hope the rate in the future is high.
sr. member
Activity: 243
Merit: 250
August 26, 2015, 12:53:38 AM
#90
As per my predictions about bitcoin is i am a novice about technically what will happen , I can tell that in coming days Bitcoins won die, but it will become more and more strong and that day not far when whole world will accept bitcoin as payment. and about the price that will be fluctuating as their are players who gamble or trade so accordingly it will go.
hero member
Activity: 826
Merit: 1000
August 25, 2015, 08:43:04 PM
#89
My predictions is that during this process of waiting for the bitcoin split which is sooner then we think.

After that hurdle it would be great, depending on the outcome of people who dont mind for the split. And then the true growth will start since it can handle more transaction times.
legendary
Activity: 1176
Merit: 1017
August 25, 2015, 08:14:20 PM
#88
Well, I think that bitcoin will be replaced by a system that doesn't allow huge mining facilities to centralize the action.  I predict that this will happen before 2018.  Looking at some of the cryptographical ideas from developers such as Sunny King, I believe a more efficient, decentralized, stakeholder controlled environment is needed to get a wider market for the technology.  The PPC/NBT/NSR system is probably the most brilliant, yet unrecognized, system out there today and I speculate that it will be a huge contender for the market by, at latest, 2020.

You had to ask. Grin
legendary
Activity: 1582
Merit: 1064
August 25, 2015, 07:46:22 PM
#87
There was big talk about bitcoin becoming mainstream in 2015, but I don't think it's going to be at the very least 3 years before bitcoin goes mainstream like Wikipedia did 10 or so years ago. New things take time to adapt and as far as an open-source technology like bitcoin and blockchain is concerned, it will take a long time still until people can trust the digital currency and be confident the currency will not collapse. By then the price will probably be quite high.

Yes, Bitcoin is quite far from mainstream adoption. Even educated, (reasonably) net-savvy people might not have heard of Bitcoin right now. I have tried explaining Bitcoin's principle to a lot of people. Most of them have never heard of Bitcoin before. I think at the next block reward halving (2020), you will have fewer bitcoins, mass adoption and an amazing price.  Grin
member
Activity: 98
Merit: 10
August 25, 2015, 01:43:46 AM
#86
My prediction in 2016
bitcoin prices will start rising again, perhaps this time the price deliberately scaled bitcoin bitcoin spread that amount is reduced so that the price can increase
newbie
Activity: 36
Merit: 0
August 25, 2015, 01:23:04 AM
#85
There was big talk about bitcoin becoming mainstream in 2015, but I don't think it's going to be at the very least 3 years before bitcoin goes mainstream like Wikipedia did 10 or so years ago. New things take time to adapt and as far as an open-source technology like bitcoin and blockchain is concerned, it will take a long time still until people can trust the digital currency and be confident the currency will not collapse. By then the price will probably be quite high.

I think a few things which will attract new bitcoin users for us to lead better mass adoption would be more successful business ventures either related to bitcoin or rather big companies accepting bitcoin, that would make good news in the press. Further would be success stories of people who did great after buying bitcoin, attracting more people to join in for personal gains. Then, we show them the bigger picture, the world which does not limit to us, and the truest potential of block chain technology, making these bitcoin users into bitcoin soldiers, and they fight for the bitcoin community against fiat, screw the banks. GO SPECULATE!
Agree! More ppl buy and use bitcoin, the higher chance bitcoin's price will move up. The time will show this. Let's be patient to hold bitcoin! Grin
legendary
Activity: 1176
Merit: 1005
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August 25, 2015, 01:17:04 AM
#84
There was big talk about bitcoin becoming mainstream in 2015, but I don't think it's going to be at the very least 3 years before bitcoin goes mainstream like Wikipedia did 10 or so years ago. New things take time to adapt and as far as an open-source technology like bitcoin and blockchain is concerned, it will take a long time still until people can trust the digital currency and be confident the currency will not collapse. By then the price will probably be quite high.

I think a few things which will attract new bitcoin users for us to lead better mass adoption would be more successful business ventures either related to bitcoin or rather big companies accepting bitcoin, that would make good news in the press. Further would be success stories of people who did great after buying bitcoin, attracting more people to join in for personal gains. Then, we show them the bigger picture, the world which does not limit to us, and the truest potential of block chain technology, making these bitcoin users into bitcoin soldiers, and they fight for the bitcoin community against fiat, screw the banks. GO SPECULATE!
I guess oyu re speaking for 2100 ... as of now its not even 0.1% of the total population interested in bitcoin,but i do agree with your opinions and wouldnt neglect the fact that bitcoin is more vulnerable than fiat currency.
legendary
Activity: 2058
Merit: 1015
August 25, 2015, 01:14:32 AM
#83
before 2015 ends bitcoin price will rise to $320
hero member
Activity: 994
Merit: 1000
August 25, 2015, 12:13:31 AM
#82
There was big talk about bitcoin becoming mainstream in 2015, but I don't think it's going to be at the very least 3 years before bitcoin goes mainstream like Wikipedia did 10 or so years ago. New things take time to adapt and as far as an open-source technology like bitcoin and blockchain is concerned, it will take a long time still until people can trust the digital currency and be confident the currency will not collapse. By then the price will probably be quite high.

I think a few things which will attract new bitcoin users for us to lead better mass adoption would be more successful business ventures either related to bitcoin or rather big companies accepting bitcoin, that would make good news in the press. Further would be success stories of people who did great after buying bitcoin, attracting more people to join in for personal gains. Then, we show them the bigger picture, the world which does not limit to us, and the truest potential of block chain technology, making these bitcoin users into bitcoin soldiers, and they fight for the bitcoin community against fiat, screw the banks. GO SPECULATE!
sr. member
Activity: 448
Merit: 251
August 24, 2015, 02:21:58 PM
#81
There was big talk about bitcoin becoming mainstream in 2015, but I don't think it's going to be at the very least 3 years before bitcoin goes mainstream like Wikipedia did 10 or so years ago. New things take time to adapt and as far as an open-source technology like bitcoin and blockchain is concerned, it will take a long time still until people can trust the digital currency and be confident the currency will not collapse. By then the price will probably be quite high.
sr. member
Activity: 451
Merit: 250
August 24, 2015, 01:37:39 PM
#80
Why would a goverment drop its own currency and re[lace it with bitcoin?
member
Activity: 84
Merit: 10
August 24, 2015, 01:27:04 PM
#79
In my opinion Bitcoin have a great future.
hero member
Activity: 994
Merit: 1000
August 24, 2015, 12:42:45 PM
#78
I think bitcoins grows more widely  it has more advantages than banks or other sources. It is like a government facility and can enjoy in bitcoins. Smiley

That's why governments and big institutions will not allow bitcoins grow in wider range. They try their best to limit bitcoin growth.

Governments will either try to pass more and more licenses like BitLicense or will try to start their own cryptocurrency.
YEAH that is the most cruel advantage that these gov.. have ,i mean people would stop using bitcoin and will adopt to governed cryptocurrency as they have the trust of common people..

I think it would be a great game changer in terms of currency and adoption, but I don't think so many people trust the government, a lot of people realized the potential of that level of power and often see people freely exploiting it. Apart from that, I think that all the govts won't make such a move together, and don't even think they will use same currency, so every country will have its own crypto which is weird for me to even imagine
hero member
Activity: 1638
Merit: 505
August 24, 2015, 10:53:59 AM
#77
around 280-330 USD at the closing end of 2015
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