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Topic: The future of bitcoin - page 7. (Read 14672 times)

legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
November 23, 2015, 08:39:39 AM
i think the future of bitcoin will be:
1. we can buy goods with bitcoin at all stores
2. bitcoin become a recognized national currency
(i hope so)  Tongue

And also bitcoin be a value storage. You buy bitcoin to hedge against inflation. The value will not reduce over time.

It will take a long time to get accepted at all stores as a mode of payment, but yes the value of bitcoins will keep on going higher and higher in coming years, as the adoption level would be high, we believe that the price would be more stable,though it is not sure that price will be definitely stable, but if the adoption level and acceptance level goes high then the future of bitcoins would be definitely bright.

I would not be so sure. The future may be very close. The world is changing very quickly. I suggest you read this article:

https://www.cryptocoinsnews.com/coinbase-launches-first-bitcoin-debit-card-u-s/

Well if you are only basing your answer to that bolded part of yours with that services that recently launched then still you can't say future for most of the stores that will accept bitcoin may be very close.

FYI, it's not worldwide. Another one is bitcoin regulation in some countries. It may happen but not close for now. Maybe in 5 to 10 years.
full member
Activity: 140
Merit: 100
November 23, 2015, 08:32:20 AM
i think the future of bitcoin will be:
1. we can buy goods with bitcoin at all stores
2. bitcoin become a recognized national currency
(i hope so)  Tongue

And also bitcoin be a value storage. You buy bitcoin to hedge against inflation. The value will not reduce over time.

It will take a long time to get accepted at all stores as a mode of payment, but yes the value of bitcoins will keep on going higher and higher in coming years, as the adoption level would be high, we believe that the price would be more stable,though it is not sure that price will be definitely stable, but if the adoption level and acceptance level goes high then the future of bitcoins would be definitely bright.

I would not be so sure. The future may be very close. The world is changing very quickly. I suggest you read this article:

https://www.cryptocoinsnews.com/coinbase-launches-first-bitcoin-debit-card-u-s/
hero member
Activity: 533
Merit: 500
November 21, 2015, 01:14:46 PM
i think the future of bitcoin will be:
1. we can buy goods with bitcoin at all stores
2. bitcoin become a recognized national currency
(i hope so)  Tongue

And also bitcoin be a value storage. You buy bitcoin to hedge against inflation. The value will not reduce over time.

It will take a long time to get accepted at all stores as a mode of payment, but yes the value of bitcoins will keep on going higher and higher in coming years, as the adoption level would be high, we believe that the price would be more stable,though it is not sure that price will be definitely stable, but if the adoption level and acceptance level goes high then the future of bitcoins would be definitely bright.
newbie
Activity: 10
Merit: 0
November 21, 2015, 11:31:59 AM
i think the future of bitcoin will be:
1. we can buy goods with bitcoin at all stores
2. bitcoin become a recognized national currency
(i hope so)  Tongue

And also bitcoin be a value storage. You buy bitcoin to hedge against inflation. The value will not reduce over time.
sr. member
Activity: 294
Merit: 250
November 16, 2015, 08:23:14 PM
i think the future of bitcoin will be:
1. we can buy goods with bitcoin at all stores
2. bitcoin become a recognized national currency
(i hope so)  Tongue
sr. member
Activity: 462
Merit: 250
November 16, 2015, 08:13:59 PM
I think bitcoin will be developed in the future, may bitcoin will be used in the real world in the form of credit cards, so everyone can wear bitcoin, bitcoin can also provide the results of a fairly large for the unemployed who are looking for bitcoin.  Smiley
That's already happening dude, bitcoin debit cards were now used by some bitcoin users and maybe me sooner or later. I think the future is near, and if bitcoin went on mainstream, that's definitely the future. Smiley

Debit/credit cards of bitoin is being used and it is quite convenient for bitcoin owners. The usage will expand the adoption of bitcoins. I wish the bitcoin card company can make some profits to support itself, but not to charge too high fees to discourage the usage (issue) of credit cards.
hero member
Activity: 1106
Merit: 521
November 16, 2015, 06:18:18 PM

The banks and governments will turn against Bitcoin, as soon as they developed their own copy of it, with all the features they want. Mark my words today.. It's coming.  Roll Eyes

you need to watch this https://www.youtube.com/watch?v=Rw8W92iIHZ8 to find out why bank versions will never succeed.
legendary
Activity: 1372
Merit: 1252
November 16, 2015, 05:59:47 PM
I think after the blocksize debate is over and after there is a good scaling algorithm integrated I see for Bitcoin following use cases with potentially exponential growth:

1) Digital cash for ever day use
2) Underlying protocol for any kind of trustless verification
3) Store of purchasing power



Everyday usage as a digital cash will need that Bitcoin gets used as form of payment for works very frequently, will need that merchants are accepting it all over the world, and will need improved privacy. Then we will hit worldwide records of usage.
full member
Activity: 140
Merit: 100
November 16, 2015, 04:32:08 PM
I'd say that I'm a critical believer..Bitcoin has a great potential for the growth and it'll become commonly used in 5-10 years (hopefully), but it definitely won't be the reason for the fall of government fiat currencies

Government fiat currencies will never fall. Bitcoin will exist with them. Just as restaurants with bars and fast foods. Everyone will be able to choose what is better for him.
member
Activity: 84
Merit: 10
November 13, 2015, 03:47:02 PM
I think after the blocksize debate is over and after there is a good scaling algorithm integrated I see for Bitcoin following use cases with potentially exponential growth:

1) Digital cash for ever day use
2) Underlying protocol for any kind of trustless verification
3) Store of purchasing power

sr. member
Activity: 308
Merit: 250
November 13, 2015, 03:15:44 PM
No one has any idea what will happen in the future, all we can do is hope that Bitcoin will take off and something won't replace it!
sr. member
Activity: 294
Merit: 250
November 13, 2015, 09:05:03 AM
i just believer..
To believers, it’s the future of money, privacy and payments, the end of greedy banks and the fall of government fiat currencies.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
November 13, 2015, 05:48:01 AM
I'd say that I'm a critical believer..Bitcoin has a great potential for the growth and it'll become commonly used in 5-10 years (hopefully), but it definitely won't be the reason for the fall of government fiat currencies

Even for 20 years I can't see bitcoin will replace the whole fiat industries.

In my own view, I don't want that to happen. Im happy with the current usage of bitcoin now. Development must not include replacing the whole fiat.

I have my own reason why I don't like bitcoin to be the main currency. Im happy how bitcoin works today. Taxes here really sucks. You can understand why Im saying this if you will experienced where taxes here go.
newbie
Activity: 20
Merit: 0
November 13, 2015, 05:06:34 AM
I'd say that I'm a critical believer..Bitcoin has a great potential for the growth and it'll become commonly used in 5-10 years (hopefully), but it definitely won't be the reason for the fall of government fiat currencies
newbie
Activity: 42
Merit: 0
November 13, 2015, 02:37:03 AM
I don't know, I kind of feel like bitcoin is the Yahoo of digital currency, It works, it's popular, and people have used it since the birth of this movement. But sooner or later the google of digital currency is going to come along with a vastly improved way of doing it and leave bitcoin in the dust. I don't think that's happened yet or is even about to happen, but these things happen all the time in tech. Friendster > MySpace > Facebook is another example. One dominates till something better you never knew you wanted comes along.

Keep in mind I'm not an expert by any means, who knows what will happen? If anyone did know I'm imagine they would become very rich.
hero member
Activity: 644
Merit: 509
November 12, 2015, 10:09:51 PM
I think bitcoin will be developed in the future, may bitcoin will be used in the real world in the form of credit cards, so everyone can wear bitcoin, bitcoin can also provide the results of a fairly large for the unemployed who are looking for bitcoin.  Smiley
That's already happening dude, bitcoin debit cards were now used by some bitcoin users and maybe me sooner or later. I think the future is near, and if bitcoin went on mainstream, that's definitely the future. Smiley

The important from future of bitcoin is "price and maarketcap" , it's very important, bitcoin rejected from some country because the price very unstable,
like " the Washington State Issues Bitcoin Warning Amid Price Volatility"
http://www.coindesk.com/washington-state-bitcoin-warning-price-volatility/


if bitcoin price can stable maybe up 1-2 % /day it's make people not affraid to use bitcoin
hero member
Activity: 631
Merit: 500
November 12, 2015, 01:01:46 PM
I think bitcoin will be developed in the future, may bitcoin will be used in the real world in the form of credit cards, so everyone can wear bitcoin, bitcoin can also provide the results of a fairly large for the unemployed who are looking for bitcoin.  Smiley
That's already happening dude, bitcoin debit cards were now used by some bitcoin users and maybe me sooner or later. I think the future is near, and if bitcoin went on mainstream, that's definitely the future. Smiley

Yeah, and the only thing we need is that bitcoins gets on the mainstream and if you talk about credit cards then bitcoins has already started to replace credit cards, as of today I don't use credit cards for online shopping, I make payments using bitcoins as it is very conviniet as compared to credit cards.
sr. member
Activity: 462
Merit: 250
November 12, 2015, 12:02:15 PM
I think bitcoin will be developed in the future, may bitcoin will be used in the real world in the form of credit cards, so everyone can wear bitcoin, bitcoin can also provide the results of a fairly large for the unemployed who are looking for bitcoin.  Smiley
That's already happening dude, bitcoin debit cards were now used by some bitcoin users and maybe me sooner or later. I think the future is near, and if bitcoin went on mainstream, that's definitely the future. Smiley
hero member
Activity: 533
Merit: 500
November 11, 2015, 08:02:42 AM
I think bitcoin will be developed in the future, may bitcoin will be used in the real world in the form of credit cards, so everyone can wear bitcoin, bitcoin can also provide the results of a fairly large for the unemployed who are looking for bitcoin.  Smiley

The future of bitcoins is unpredictable at a moment, at present it is going good but we are not sure what would be scenario in the future, and it would totally depends on the adoption level and the awareness level of the people, if it is widely used and widely accepted then no one stop bitcoins in getting into the mainstream and becoming a global currency.
Yes we can not predict completely the future of bitcoin but we can assume in some greater levels. In the world of everything is in digital we can expect bitcoin will boom in each and every sector it can be used. So the future must be belongs to  bitcoin as it is more than money and samrt way of transacting money.

Yeah and at this stage we cannot be very much sure what would be the future of bitcoins and we wish that the value should reach the moon but for that bitcoins needs support from each and every individual and also from the governments of the respective countries.
legendary
Activity: 1288
Merit: 1036
November 11, 2015, 07:56:11 AM
I think bitcoin will be developed in the future, may bitcoin will be used in the real world in the form of credit cards, so everyone can wear bitcoin, bitcoin can also provide the results of a fairly large for the unemployed who are looking for bitcoin.  Smiley

The future of bitcoins is unpredictable at a moment, at present it is going good but we are not sure what would be scenario in the future, and it would totally depends on the adoption level and the awareness level of the people, if it is widely used and widely accepted then no one stop bitcoins in getting into the mainstream and becoming a global currency.
Yes we can not predict completely the future of bitcoin but we can assume in some greater levels. In the world of everything is in digital we can expect bitcoin will boom in each and every sector it can be used. So the future must be belongs to  bitcoin as it is more than money and samrt way of transacting money.
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