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Topic: The future of bitcoin - page 10. (Read 14672 times)

legendary
Activity: 3248
Merit: 1070
November 03, 2015, 04:29:17 PM
bitcoin price will rise significantly in the future together with this community member number

Bitcoin price will rise significantly in the future if it is widely accepted as a payment method and store of value.

This is the future of bitcoin Grin
http://www.cnbc.com/2015/11/03/bitcoin-to-be-6th-largest-reserve-currency-by-2030-research.html

that's a big understimate, by 2030 mean that the 20 years of satoshi prediction is done, at that point bitcoin should be in the first spot

top 5 at the very least
sr. member
Activity: 294
Merit: 250
November 03, 2015, 04:05:58 PM
bitcoin price will rise significantly in the future together with this community member number

Bitcoin price will rise significantly in the future if it is widely accepted as a payment method and store of value.

This is the future of bitcoin Grin
http://www.c[Suspicious link removed]m/2015/11/03/bitcoin-to-be-6th-largest-reserve-currency-by-2030-research.html

By 2025, it will be the 6th largest.

By 2035, it will be the largest.

It will be used widely. Many people in many countries will have bitcoin. That is different from other national currencies. For example, Japanese Currency is main owned by Japanese.
Yes. bitcoin is beautiful in the sense that it does not have border. Central banking is isolationist and oppressive.
newbie
Activity: 38
Merit: 0
November 03, 2015, 04:03:44 PM
bitcoin price will rise significantly in the future together with this community member number

Bitcoin price will rise significantly in the future if it is widely accepted as a payment method and store of value.

This is the future of bitcoin Grin
http://www.c[Suspicious link removed]m/2015/11/03/bitcoin-to-be-6th-largest-reserve-currency-by-2030-research.html

By 2025, it will be the 6th largest.

By 2035, it will be the largest.

It will be used widely. Many people in many countries will have bitcoin. That is different from other national currencies. For example, Japanese Currency is main owned by Japanese.
hero member
Activity: 644
Merit: 509
November 03, 2015, 11:29:05 AM
bitcoin price will rise significantly in the future together with this community member number

Bitcoin price will rise significantly in the future if it is widely accepted as a payment method and store of value.

This is the future of bitcoin Grin
http://www.cnbc.com/2015/11/03/bitcoin-to-be-6th-largest-reserve-currency-by-2030-research.html
sr. member
Activity: 462
Merit: 250
November 01, 2015, 04:31:04 AM
bitcoin price will rise significantly in the future together with this community member number

Bitcoin price will rise significantly in the future if it is widely accepted as a payment method and store of value.
legendary
Activity: 1526
Merit: 1034
October 31, 2015, 10:52:03 AM
Bitcoin prices are increasing rapidly over the last few days which is the very good sign for the  future of bitcoins. If the price of the bitcoins keeps on increasing with the same pace then very soon the golden days of 2013 will be back, this will build and increase the trust for the bitcoins among the people.

The golden days of 2013 were very bad for the bitcoin for the next 20 months. We want steady rise, not pump and dump.

Absolutely. Huge volatility in price is good for traders and holders, but not much else. If we want Bitcoin to play a significant and legitimate role in the future, it needs to be understood that we need to build practical uses outside of speculation, which huge volatility makes difficult.
hero member
Activity: 868
Merit: 503
October 31, 2015, 10:51:48 AM
It is true of anything that with new tech comes new crime.  This is true of the standard FIAT and whatever the next thing that comes along. Everything is moving to digital and BTC is the start of that.
hero member
Activity: 770
Merit: 509
October 31, 2015, 10:48:15 AM
I think Bitcoin will eventually be replaced. It has some drawbacks like slow transaction times and scalability issues. I'm hoping for Ethereum to be a BTC competitor in a couple of years.

The example that is often given is that Google was 20th search engine to hit the market.
Maybe Bitcoin is the Altavista or Yahoo and the crypto-currency which is really going to strike it big is still ahead of us.

Wrong, you are looking at it with the wrong angle which in return gives you a faulty analogy. You need to think of Bitcoin in terms of a protocol and not a service. Namely, the internet had several protocols that were competing at the beginning and TCP/IP won. Right now it's safe to say Bitcoin is the TCP/IP of cryptos, it has been solid for years and you can build on top of it. There are no realistic "Bitcoin replacements" ahead.
legendary
Activity: 3248
Merit: 1070
October 31, 2015, 10:24:56 AM
Bitcoin prices are increasing rapidly over the last few days which is the very good sign for the  future of bitcoins. If the price of the bitcoins keeps on increasing with the same pace then very soon the golden days of 2013 will be back, this will build and increase the trust for the bitcoins among the people.

The golden days of 2013 were very bad for the bitcoin for the next 20 months. We want steady rise, not pump and dump.

well it's not something that you can control, it will happen again and again in the future, the market will level itself at the end with enough people joining bitcoin, right now it's impossible to prevent p&d
sr. member
Activity: 462
Merit: 250
October 31, 2015, 10:00:25 AM
There are many reasons that bitcoin will be successful in future. The recent price appreciation is the good example for that. This might get more attraction among people to get into bitcoin. For every price appreciation bitcoin will make more powerful and more successful for sure.

When the bitcoin price  rises and market capitalization becomes larger, it will become more stable and attract more users.
legendary
Activity: 1554
Merit: 1054
October 31, 2015, 05:03:30 AM
Even the better chess players can't see beyond 10 rounds.
If even in such small and closed microuniverse one can't see too far away, in the real world things are even worse.

Just enjoy and take profit from whatever happens and move away if things get too bad

Yes we cannot predict the exact the future of bitcoin. But we can predict somewhat like what would be happened in next to one or two years. Based on that we can make some profit out of bitcoin by holding it for some years.

The future of bitcoin is more brighter than what we can imagine today. We can definitely see that we can have the capacity to be the world wide medium of interchange. It has all the features to meet with the financial world with future equipment also.

Most of us know that already. We just need to make sure the average Joe's of this world will also understand that Bitcoin is the best alternative to any current fiat fueled financial service. If they realize it at some point in the future, the userbase of Bitcoin will explode. Currently services as Mastercard, Visa and a few others rule their market with iron fist with their ridiculous fees and policies. Who in his right mind wants that?

There are many reasons that bitcoin will be successful in future. The recent price appreciation is the good example for that. This might get more attraction among people to get into bitcoin. For every price appreciation bitcoin will make more powerful and more successful for sure.
legendary
Activity: 2170
Merit: 1427
October 31, 2015, 04:47:39 AM
Even the better chess players can't see beyond 10 rounds.
If even in such small and closed microuniverse one can't see too far away, in the real world things are even worse.

Just enjoy and take profit from whatever happens and move away if things get too bad

Yes we cannot predict the exact the future of bitcoin. But we can predict somewhat like what would be happened in next to one or two years. Based on that we can make some profit out of bitcoin by holding it for some years.

The future of bitcoin is more brighter than what we can imagine today. We can definitely see that we can have the capacity to be the world wide medium of interchange. It has all the features to meet with the financial world with future equipment also.

Most of us know that already. We just need to make sure the average Joe's of this world will also understand that Bitcoin is the best alternative to any current fiat fueled financial service. If they realize it at some point in the future, the userbase of Bitcoin will explode. Currently services as Mastercard, Visa and a few others rule their market with iron fist with their ridiculous fees and policies. Who in his right mind wants that?
hero member
Activity: 2688
Merit: 588
October 31, 2015, 04:37:54 AM
Even the better chess players can't see beyond 10 rounds.
If even in such small and closed microuniverse one can't see too far away, in the real world things are even worse.

Just enjoy and take profit from whatever happens and move away if things get too bad

Yes we cannot predict the exact the future of bitcoin. But we can predict somewhat like what would be happened in next to one or two years. Based on that we can make some profit out of bitcoin by holding it for some years.

The future of bitcoin is more brighter than what we can imagine today. We can definitely see that we can have the capacity to be the world wide medium of interchange. It has all the features to meet with the financial world with future equipment also.
legendary
Activity: 2100
Merit: 1058
October 31, 2015, 12:56:31 AM
Even the better chess players can't see beyond 10 rounds.
If even in such small and closed microuniverse one can't see too far away, in the real world things are even worse.

Just enjoy and take profit from whatever happens and move away if things get too bad

Yes we cannot predict the exact the future of bitcoin. But we can predict somewhat like what would be happened in next to one or two years. Based on that we can make some profit out of bitcoin by holding it for some years.
legendary
Activity: 2660
Merit: 1074
October 30, 2015, 02:58:21 PM
Even the better chess players can't see beyond 10 rounds.
If even in such small and closed microuniverse one can't see too far away, in the real world things are even worse.

Just enjoy and take profit from whatever happens and move away if things get too bad
hero member
Activity: 966
Merit: 501
October 30, 2015, 02:27:27 PM
Bitcoin prices are increasing rapidly over the last few days which is the very good sign for the  future of bitcoins. If the price of the bitcoins keeps on increasing with the same pace then very soon the golden days of 2013 will be back, this will build and increase the trust for the bitcoins among the people.

The golden days of 2013 were very bad for the bitcoin for the next 20 months. We want steady rise, not pump and dump.

Yes that is also correct, I think this time the prices will be stable for longer time. Previously such sudden rise and fall of the bitcoin prices had damaged the credibility of the bitcoins. I think the time will change, trust towards he bitcoins is increased and current rise in the prices is the result of the same.
newbie
Activity: 38
Merit: 0
October 30, 2015, 02:11:17 PM
Bitcoin prices are increasing rapidly over the last few days which is the very good sign for the  future of bitcoins. If the price of the bitcoins keeps on increasing with the same pace then very soon the golden days of 2013 will be back, this will build and increase the trust for the bitcoins among the people.

The golden days of 2013 were very bad for the bitcoin for the next 20 months. We want steady rise, not pump and dump.
full member
Activity: 162
Merit: 100
Crypto is love, crypto is life
October 30, 2015, 01:55:10 PM
bitcoin price will rise significantly in the future together with this community member number
hero member
Activity: 966
Merit: 501
October 30, 2015, 01:50:59 PM
Bitcoin prices are increasing rapidly over the last few days which is the very good sign for the  future of bitcoins. If the price of the bitcoins keeps on increasing with the same pace then very soon the golden days of 2013 will be back, this will build and increase the trust for the bitcoins among the people.
legendary
Activity: 2492
Merit: 1018
October 30, 2015, 12:05:08 PM
Certainly its the future. If bitcoin will be used even just half the internet business, no doubt there be more and more eCommerce site will be accepting it. Even if Bitcoin get to be used for illegal activities but has been publicize on TV news, i think this will still get to help BTC.  as it does happen from time to time on social media
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