Tell me your predictions about Bitcoin - page 55.

CoinFoxs

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Quote from: Ewinsane on May 15, 2017, 04:33:08 PM

Quote from: Dontme on May 15, 2017, 02:32:48 AM

I think in the next 10 years bitcoin will be the next money of the world. Maybe all the Presidents of the countries will decide to make the so called one world government. They will approved all things especially money to become digital for the fastest transaction to all.

you are right and your prediction is very suitable for bitcoin and everyone believe that bitcoin will be next money of the world because bitcoin make life easy for people because we can send our bitcoin in short time and with lowest fees and we know bitcoin transaction is very much faster than bank or other currency.

I wish bitcoin will be the next currency of world but the thing is bitcoin is the decentralized currency and there is no central power to control bitcoin. So my question is why powerful countries of world allow this to be no 1 currency even knowing the fact that they have no control on it?

Katsudu

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Quote from: deisik on May 17, 2017, 01:22:43 PM

Quote from: Csmiami on May 15, 2017, 01:47:55 PM

I believe that it will hit 5.000$ in a really short period of time before going down to 1.800-2.000. To prevent the network from stopping I think that some governments/banks might start building huge mining farms to keep the network alive, much against the idea of being decentralized though

That makes no sense absolutely

First, why would any government (let alone banks) want to support Bitcoin in any way (if in word only) when both governments and banks alike would be better off without Bitcoin and them having to compete with it? Further, it makes no sense to support Bitcoin network by adding more processing capacity since it is an outright waste of resources on its own. There are ways to expand the network as well as increase its processing capacity effectively and efficiently without building more mining farms. And last, Bitcoin rising to 5,000 dollars per coin, or even to 50,000 dollars may not necessarily mean increase in the number of transactions. After all, prices grow on exchanges, but the latter don't depend on the processing capacity of the Bitcoin network in any meaningful way

I understand that all such all already give in Bitcoin a very positive and huge future. But something seems to me that this future will not be so Rainbow. Any currency is recognized by the whole world and every country uses it. With the best rzh Bitcoin some countries are working on the implementation of Bitcoin and other countries Prohibit crypto currency and some are generally silent I do nothing but at the same time work on the introduction of blocking technology into my financial structures.

deisik

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Quote from: Csmiami on May 15, 2017, 01:47:55 PM

I believe that it will hit 5.000$ in a really short period of time before going down to 1.800-2.000. To prevent the network from stopping I think that some governments/banks might start building huge mining farms to keep the network alive, much against the idea of being decentralized though

That makes no sense absolutely

First, why would any government (let alone banks) want to support Bitcoin in any way (if in word only) when both governments and banks alike would be better off without Bitcoin and them having to compete with it? Further, it makes no sense to support Bitcoin network by adding more processing capacity since it is an outright waste of resources on its own. There are ways to expand the network as well as increase its processing capacity effectively and efficiently without building more mining farms. And last, Bitcoin rising to 5,000 dollars per coin, or even to 50,000 dollars may not necessarily mean increase in the number of transactions. After all, prices grow on exchanges, but the latter don't depend on the processing capacity of the Bitcoin network in any meaningful way

marcuslong

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Quote from: kpcian on May 17, 2017, 09:21:29 AM

In recent time's scenery of Bitcoin make me more confident about the bright future of it. I'm really hopeful for the Bitcoin's dominating virtual world, it always makesme more comfortable to continue my life with Bitcoin.
So, in my point of view, Bitcoin will dominate as virtual currency very soon.

It will always be worthy to use bitcoin me too im confident to stocked and hold my bitcoin from web wallet coz there always a big chance to increase bitcoin that fast also bitcoin will conquer the world soon pretty enough to improve our technology in bitcoin basis.

chain_chain

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kpcian

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In recent time's scenery of Bitcoin make me more confident about the bright future of it. I'm really hopeful for the Bitcoin's dominating virtual world, it always makesme more comfortable to continue my life with Bitcoin.
So, in my point of view, Bitcoin will dominate as virtual currency very soon.

Ewinsane

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Quote from: Dontme on May 15, 2017, 02:32:48 AM

I think in the next 10 years bitcoin will be the next money of the world. Maybe all the Presidents of the countries will decide to make the so called one world government. They will approved all things especially money to become digital for the fastest transaction to all.

you are right and your prediction is very suitable for bitcoin and everyone believe that bitcoin will be next money of the world because bitcoin make life easy for people because we can send our bitcoin in short time and with lowest fees and we know bitcoin transaction is very much faster than bank or other currency.

ethereumhunter

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Quote from: Dontme on May 15, 2017, 02:32:48 AM

I think in the next 10 years bitcoin will be the next money of the world. Maybe all the Presidents of the countries will decide to make the so called one world government. They will approved all things especially money to become digital for the fastest transaction to all.

if in future, bitcoin is getting mass adoption then its not impossible for bitcoin to be the next money of the world. but we still need to learn something about bitcoin so we can have our bitcoin is save in one place and only us that will know where it is. and if bitcoin is already accepting in all country, then we should celebrate this. my predictions about bitcoin is the price will go up after the down side like now.

batang_bitcoin

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Quote from: Csmiami on May 15, 2017, 01:47:55 PM

I believe that it will hit 5.000$ in a really short period of time before going down to 1.800-2.000. To prevent the network from stopping I think that some governments/banks might start building huge mining farms to keep the network alive, much against the idea of being decentralized though

I've read an article about the prediction of breadwallet. They are even saying that we are going to have a bubble and that can lead up to $10,000 but it will popped immediately and if I'm not mistaken they are saying that it is possible to happen for this year. I hope this is going to happen very soon so that I can sell some of my btc.

whizter

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Quote from: Question123 on May 14, 2017, 10:15:37 PM

I think this year 2017 the price will become brighter and brighter . The price of bitcoin today is $1700 dollars and I believe before end of the month the price will go up at $2000 and I expect the price after halving the price will reach $3000 or more. Bitcoin will become more popular everyear and I think many projects, many partnership, many news in online related about bitcoin will release soon so the people have interest to invest bitcoin.

in fact from the very beginning of 2017 the price of bitcoin is in progress and is continuously increasing, be me i am hopeful that at the end of 2017 the price of bitcoin will trading above 3000 USD level and therefore i think most of the people are not going to sell their bitcoin and are holding it for the price increase. i personally also holding a good amount of bitcoin and is going to hold it for long term.

Csmiami

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Quote from: silverduck on May 15, 2017, 02:33:48 PM

Quote from: Csmiami on May 15, 2017, 01:47:55 PM

I believe that it will hit 5.000$ in a really short period of time before going down to 1.800-2.000. To prevent the network from stopping I think that some governments/banks might start building huge mining farms to keep the network alive, much against the idea of being decentralized though

So you mean to say that bitcoin will touch the price of $5k directly from and then it will fall back to $2k? And if you feel so then your statement doesn't make any sense as there is no scope that bitcoin can achieve that high price in this quick time.

well, yhat's my guess anyway. And who would have expected it to hit 1700$ a month ago? I know there's a huge difference in the quantity but speculation is what it is....

deathcode

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Quote from: Dontme on May 15, 2017, 02:32:48 AM

I think in the next 10 years bitcoin will be the next money of the world. Maybe all the Presidents of the countries will decide to make the so called one world government. They will approved all things especially money to become digital for the fastest transaction to all.

If bitcoin will survive that long then definitely it will be a mainstream currency and majority of users will prefer to use only bitcoins but I am not sure what will happen in that long period of time as there is full possibility that it may get replaced by some other new currency.

canvan

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Quote from: silverduck on May 15, 2017, 02:33:48 PM

Quote from: Csmiami on May 15, 2017, 01:47:55 PM

I believe that it will hit 5.000$ in a really short period of time before going down to 1.800-2.000. To prevent the network from stopping I think that some governments/banks might start building huge mining farms to keep the network alive, much against the idea of being decentralized though

So you mean to say that bitcoin will touch the price of $5k directly from and then it will fall back to $2k? And if you feel so then your statement doesn't make any sense as there is no scope that bitcoin can achieve that high price in this quick time.

If it starts a parabolic rise then 5k$ is achievable in a matter of weeks, remember bitcoin has been through such rapid price rises several times in the past.

silverduck

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Quote from: Csmiami on May 15, 2017, 01:47:55 PM

I believe that it will hit 5.000$ in a really short period of time before going down to 1.800-2.000. To prevent the network from stopping I think that some governments/banks might start building huge mining farms to keep the network alive, much against the idea of being decentralized though

So you mean to say that bitcoin will touch the price of $5k directly from and then it will fall back to $2k? And if you feel so then your statement doesn't make any sense as there is no scope that bitcoin can achieve that high price in this quick time.

Csmiami

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I believe that it will hit 5.000$ in a really short period of time before going down to 1.800-2.000. To prevent the network from stopping I think that some governments/banks might start building huge mining farms to keep the network alive, much against the idea of being decentralized though

Kp4everK

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Quote from: deathcode on May 15, 2017, 01:33:17 PM

Quote from: Dontme on May 15, 2017, 02:32:48 AM

I think in the next 10 years bitcoin will be the next money of the world. Maybe all the Presidents of the countries will decide to make the so called one world government. They will approved all things especially money to become digital for the fastest transaction to all.

If bitcoin will survive that long then definitely it will be a mainstream currency and majority of users will prefer to use only bitcoins but I am not sure what will happen in that long period of time as there is full possibility that it may get replaced by some other new currency.

Bitcoin can replace another better currency, because it only keeps on the activity of users. No one can make an accurate prediction.

Dontme

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I think in the next 10 years bitcoin will be the next money of the world. Maybe all the Presidents of the countries will decide to make the so called one world government. They will approved all things especially money to become digital for the fastest transaction to all.

goldcoinminer

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Quote from: linyhan on May 14, 2017, 09:54:55 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?

2 years have past since you created this topic and now see what happened to bitcoin right now, it became successful as the year past. And for me my prediction is the same to those who believe in bitcoin. Bitcoin will be more powerful in the future.

There is no limit for the price as long as we keep wanting bitcoins, it will just grow and grow so never get too late for the
best investment in the world. Never doubt what bitcoin can do as it can surprise us anytime like this year alone we see significant increase already.

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Quote from: onrise on May 15, 2017, 12:04:57 AM

Quote from: lionheart78 on May 14, 2017, 02:40:14 PM

Quote from: Barbarian on May 12, 2017, 09:19:47 PM

My prediction for bitcoin is that is going to reach a price of 5000 in five years, and the greatest obstacle bitcoin has to face is the rising fees and the growing time it gets to finally get a confirmation.

Why not predict the soonest possible bitcoin increase? 5 years is too long to check if our prediction is correct. Why not the end of this quarter or the end of this year?

With the current news, I believe we can see $2k sooner than the end of the year. I guess it can be achieve before the end of third quarter.

Yes 5 years is a long period and how know till than bitcoin may exists or not for some countries as their decision about regulatory may change. Well certainly in third quarter end 2000$ seems to be the next target for bitcoin price as the way it has increased in past couple of weeks.

For me it's a short period of time but I see more chance of progress than its failure, bitcoin will surely exist longer because we people believe that it will benefit the majority if they will use it. If this is not useful to us it would have die a long time ago when there was a panic in the market but now after we break the ATH the value has continue to increase and it might not go down hard anymore like what happen it the past.

onrise

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Quote from: lionheart78 on May 14, 2017, 02:40:14 PM

Quote from: Barbarian on May 12, 2017, 09:19:47 PM

My prediction for bitcoin is that is going to reach a price of 5000 in five years, and the greatest obstacle bitcoin has to face is the rising fees and the growing time it gets to finally get a confirmation.

Why not predict the soonest possible bitcoin increase? 5 years is too long to check if our prediction is correct. Why not the end of this quarter or the end of this year?

With the current news, I believe we can see $2k sooner than the end of the year. I guess it can be achieve before the end of third quarter.

Yes 5 years is a long period and how know till than bitcoin may exists or not for some countries as their decision about regulatory may change. Well certainly in third quarter end 2000$ seems to be the next target for bitcoin price as the way it has increased in past couple of weeks.

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