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Topic: Tell me your predictions about Bitcoin - page 79. (Read 234777 times)

member
Activity: 91
Merit: 10
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January 31, 2017, 12:17:44 PM
I expect that bitcoin never go destroy even if now adays many types of coin made but bitcoin will remain always pretty for all customers.
hero member
Activity: 588
Merit: 500
January 31, 2017, 11:32:01 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?
After 5 years some people still not accepting bitcoin as money. There will be a huge strike  on how they will destroy bitcoin. This are the people who dont like bitcoin at the first place.

I don't think the bitcoin haters will be able to do anything at all. Bitcoin users are all tired with articles that says bitcoin is being used in the deepweb, that bitcoin is a scam coin, that bitcoin is a huge ponzi site, that bitcoin is illegal, etc. We all heard of all these stories. Some of them are true and some of them are false, and we don't even have to defend bitcoin since we know what's really happening. They are only bashing bitcoins because we make money from it and they can't.

"People throw rocks at things that shine" - Taylor Swift.
hero member
Activity: 1946
Merit: 502
January 31, 2017, 04:29:17 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?
After 5 years some people still not accepting bitcoin as money. There will be a huge strike  on how they will destroy bitcoin. This are the people who dont like bitcoin at the first place.
hero member
Activity: 798
Merit: 500
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January 31, 2017, 04:23:07 AM
My prediction, bitcoin main choice will always be made, although nowadays many new coins are made, but it will never reduce people's interest to keep a bitcoin. my prediction, bitcoin will endure for the next 10 years, after that, it may be surpassed by other coins.

In 10 years bitcoin will still have a good high price, but when it comes to use, I think it's true, other coins might start to make it to the top over where the bitcoin is right now. But for sure, it will be used by many, and if it is used by many users and problems were fixed, I doubt that any other coins will drive bitcoin down.
full member
Activity: 154
Merit: 100
January 31, 2017, 04:02:41 AM
My prediction, bitcoin main choice will always be made, although nowadays many new coins are made, but it will never reduce people's interest to keep a bitcoin. my prediction, bitcoin will endure for the next 10 years, after that, it may be surpassed by other coins.
sr. member
Activity: 381
Merit: 250
January 30, 2017, 03:43:32 PM
Bitcoin will be more popular in future and will be known by many people and they will actually start using it which will take its price to next level as of now the usage and popularity of bitcoin is limited but the scenario would be different in next 5 to 10 years and we will also find many online sites that will start accepting bitcoin as a mode of payment.
legendary
Activity: 3514
Merit: 1280
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January 30, 2017, 03:18:51 PM
I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation

This is one of the important aspects of development. There are many parts of the world where there is limited or no connectivity at all so people living in such isolated parts are usually unaware of the latest developments and it leads to the imbalance of user base. I am sure once we have sustainable internet (connectivity) throughout the world then the pace of awareness and development would be much higher than that of today.
For now, first world countries that plays an important role for the progress of bitcoin as the the current supply of bitcoins on the network hold on their wallets, every movement will affect to the price. When the free internet deliver to 70% population of the world, we should have more adopters but the problem is : only big whales that could buy decent amount of bitcoin and average people just trying to buy a bit, it also risk for them if the price suddenly drop. I know that bitcoin price increasing is inevitable as the advantages of bitcoin will realized by mostly people who learn about it

In fact, it is the same risk for everybody, either super whales or generic people. What matters here is how much risk you are willing to take. Whales typically handle just enough amount of risk (otherwise they wouldn't be whales in the first place), while generic people often overvalue their capabilities to withstand losses and thus more often than not end up losing at the end of the day. But in this aspect Bitcoin is no different than any other traded asset out there, and if someone buys something for the sole purpose of selling it later at a higher price, he should understand and accept the consequences of possible adverse events (such as price collapse)

Investing (and still more trading) is not your La-La land
hero member
Activity: 910
Merit: 523
January 30, 2017, 10:56:08 AM
I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation

This is one of the important aspects of development. There are many parts of the world where there is limited or no connectivity at all so people living in such isolated parts are usually unaware of the latest developments and it leads to the imbalance of user base. I am sure once we have sustainable internet (connectivity) throughout the world then the pace of awareness and development would be much higher than that of today.
For now, first world countries that plays an important role for the progress of bitcoin as the the current supply of bitcoins on the network hold on their wallets, every movement will affect to the price. When the free internet deliver to 70% population of the world, we should have more adopters but the problem is : only big whales that could buy decent amount of bitcoin and average people just trying to buy a bit, it also risk for them if the price suddenly drop. I know that bitcoin price increasing is inevitable as the advantages of bitcoin will realized by mostly people who learn about it.
hero member
Activity: 615
Merit: 500
January 30, 2017, 10:33:57 AM
Secure transactions and any possibility of theft because it depends on the internet and all the supporters and the devices and therefore highly susceptible although they remain safe.
Bitcoin user community is starting to show its capacity as the main flag bearer cryptocurrency and it's been good with the receipt of payment Bitcoin as a medium of exchange.
Bitcoin already is on track, the trend has been positive.
sr. member
Activity: 350
Merit: 250
January 30, 2017, 09:10:38 AM
Bitcoin would be  probably become one of the most know cryptocurrency all over the world ! Its gonna be used to buy goods and services ! People  were probably stored there private keys on vaults ! Im so excited what Bitcoin can bring to us in the near future! maybe in the next years we can already used it in Apple Store or Google Play Store!
hero member
Activity: 1190
Merit: 534
January 30, 2017, 06:24:17 AM
I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation

This is one of the important aspects of development. There are many parts of the world where there is limited or no connectivity at all so people living in such isolated parts are usually unaware of the latest developments and it leads to the imbalance of user base. I am sure once we have sustainable internet (connectivity) throughout the world then the pace of awareness and development would be much higher than that of today.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
January 30, 2017, 06:08:55 AM
I think bitcoin will continue to make its way to be known to people ! Me personally I believe that bitcoin will be widely used all over the world ! there is no need to convert your bitcoin to fiat because it will be accepted already as a currency ! Bitcoin have so much potential and I know over the years it will gradually be reveal  to us !

Bitcoin has potential, that's true and possibly becoming a real currency that is recognized by the whole world, probably the price would keep on increasing until there is no more bitcoin to mine... But of course, there are still flaws in bitcoin that needs fixing so it would become almost perfect currency...
sr. member
Activity: 434
Merit: 250
January 30, 2017, 05:58:48 AM
I think bitcoin will continue to make its way to be known to people ! Me personally I believe that bitcoin will be widely used all over the world ! there is no need to convert your bitcoin to fiat because it will be accepted already as a currency ! Bitcoin have so much potential and I know over the years it will gradually be reveal  to us !
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
January 30, 2017, 04:49:34 AM
My guess is, bitcoin will be so powerful after so many years that will pass. It will be use by almost all people around the globe, bitcoin is already adopted even by small busineses.,bitcoin can also be use in paying a taxi using a bitcoin card.

As per OP, I don't see bitcoin becoming such thing as you mentioned within 5 years. The only sure is many will be using it, including taxis that accepts bitcoin, and business too, probably there will be an increase on them that are accepting bitcoin, but for it to be so powerful, no, not yet. It will take time before it could become one great currency in the world.
hero member
Activity: 1008
Merit: 500
January 30, 2017, 04:42:06 AM
My guess is, bitcoin will be so powerful after so many years that will pass. It will be use by almost all people around the globe, bitcoin is already adopted even by small busineses.,bitcoin can also be use in paying a taxi using a bitcoin card.
hero member
Activity: 3024
Merit: 745
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January 30, 2017, 04:10:38 AM
I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation

We should be optimistic that crypto currency is going to grow continuous and rapidly. Because I do believe that upon basing on the events that are happening today with bitcoin. It's growth is unstoppable and its popularity is getting wider, the world is big and when bitcoin is already known as a good currency that only needs small fees for transaction many are going to invest and use it for the next years.
hero member
Activity: 1092
Merit: 501
January 30, 2017, 04:01:33 AM
The biggest threat is going to come within the Bitcoin community itself. If the idiots within the Bitcoin foundation decides to change the 21 million cap, then it will ultimately result in the death of Bitcoin. In my opinion, the threats from within are more serious when compared to any threat which we are likely to face from the authoritarian governments.


they can decide what they want but no one will ever follow this path.

True, For me in my prediction about it. a years from now I really do believed that bitcoin will become more powerful because the community will become more aggressive and addicted unto due the concept is very high definition,  and the it will become more innovative to the users. there It is true that threats from within  are more serious when compared to any threat before, but nothing to fear because for sure the never allow it to happen.
hero member
Activity: 3052
Merit: 606
January 29, 2017, 11:30:50 PM
I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation
That is the trend that will happen in the future, we are using digital currencies because the world moves faster. It is timely that bitcoin was invented to be an alternative digital currency that we can use as a payment processor to get the best benefits better than what other payment processor finance by big capitalist can offer. With this trend, it will also help to make the economy of bitcoin progress, they will be hand in hand as soon as the government recognize the crypto world as something that can help make the world better.
Pab
legendary
Activity: 1862
Merit: 1012
January 29, 2017, 08:45:03 PM
I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation
sr. member
Activity: 1974
Merit: 450
January 29, 2017, 06:00:31 PM
yes i think still not a single country accept bitcoin, but many government are seriously thinking about it. therefore we can expect that in future bitcoin will become more and more popular and hope that more and more will invest their assets here in bitcoin.
You can deal with bitcoin in many countries and there are bitcoin ATMs in America and in Canada,why would the government intervene if you are happy to accept the transactions in bitcoin.I have heard about a news recently that an individual is purchasing a house with the profits he made through bitcoin trading and he is going to purchase the house with bitcoin if i am not wrong.
when the government has received bitcoin, and me legalized it, then I am sure it was not just a house, but all the things you want can be bought using bitcoin, just like today's money. Well, this might happen when the bitcoin prices continued to rise from year to year. I am sure the government will really seriously thought about this.
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