Topic: The future of Bitcoin - page 59. (Read 67136 times)

How can you even predict this thing? This is still some speculation, I dont even know what is this bitcoin is based on. Just manipulation of a big whale in doing thing. But I do hope it will sure rise so more people will know bitcoin and people start to use it in the future

I guess you're believing what happened when bitcoin hits $1200. There are lot of possibilities to hit 2k levels around the event of halving but expecting $500 levels after that is meaningless. I believe it will end up around 10k levels for a stable price in next one year time period.

sure hope to see this coming i think we will se price over 2k and then price will go down after halving around 500$ and that will be stable price for some time

This makes not much sense to me. I mean on the hand they see what big potential Bitcoin can have in these markets (e-commerce, remittances, micropayments) especially regarding costs and fees.And then on the other hand they predict imo a very very low and conservative price of $400. If it will happen that costs will be reduced that much because of Bitcoin, I bet my butt that we will see a way higher BTC price. Don't forget that halving will take place around august where the reward for mining blocks will be cut in half down to 12,5.

this!

Bitcoin price projections for 2016

The projections for this year have been somewhat realistic following the previous year’s price fluctuations. At the time, the possibility of one Bitcoin being worth $1 million was not considered impossible, but now more than 60 percent of the community believe this is unrealistic.
WedbushAmerican securities firm Wedbush recently released a report speculating about the Bitcoin price in 2016. The report claimed that due to cryptocurrency’s potential to cut costs, its demand and use is increasing in the e-commerce, remittance and micropayments industries.
The report predicts that, in future years, Bitcoin will be able to cut down online payment fees from three to eight percent to less than 0.5 percent, while also reducing the cost of remittances from five to 10 percent to less than one percent.
Wedbush estimates that the Bitcoin price will hover around 400 dollars in 2016. The major reasoning behind their claim is the belief in Bitcoin’s ability to take over financial payments such as remittances and online payments.
The company speculates that by 2025 Bitcoin will amount to 10 percent of all online payments, 20 percent of the remittance market and 20 percent of the micropayments market. They concluded that the Bitcoin network will account for almost $596 billion in the financial market.

IMO I see bitcoin price increasing to the level of around $1000 in the coming year, BTC adoption and use is increasing and many other investor are going it and putting funding and not the same amount of sellers so the demand is increasing with less offering specially with all the bitcoins that are out of circulation (lost or confiscated etc...).

We all believe that bitcoin will become widely adopted. If it wouldn't, we wouldn't be here, would we? There are plenty of other forums for other things.

I personally think bitcoin has alot of potential, which it has barely touched.

I see the future of bitcoin like they are flying cars and every one is with there phones buying groceries and paying with there mobile with ther bitcoin wallet.

That will be the future of bitcoin.

Swiss has already made bitcoin a legal one, for us just one country which accepts bitcoin is enough .Even when all other countries ban it , we will be able to sell and buy bitcoins from swiss exchanges.

You're right.Nobody knows what will happen.That's why in the end we all are fishing in murkey waters and hope for the big catch right!
And I'm pretty sure that those countries who have banned Bitcoin and planning to do this will regret this one day and will have to pull back that decision.Bitcoin has way too much potential to deny this when your neighbours around will all benefit from it.

its bound to happen question is will be tomorrow or in couple of years cuz this is the future of everything
consider that you dont need to have paper money and you will save ecosystem no more cutting trees

lot of speculations if we're talking about future of bitcoin but probably in the future bitcoin will be accepted to the countries who banned bitcoin currently such a Bolivia, Ecuador, Vietnam or etc also my country will legalize and admit bitcoin as the new currency

A hot debate is about the blocksize and probably that will be solved if not before then after the halving, because things are getting bigger the block size should be increased too, so i consider this as the next big project about bitcoin.

The future is bright! That's all I can say. Bitcoin has many possible use cases and many of these use cases have possibility to disrupt the conventional way of doing business and executing things. Which are these use cases, I won't even list them, you will research them by yourself.

Also, which ones of these use cases will get fully developed and functioning is rest to be seen, but the devs and the whole community is currently working on the development and doing a heck of a job in my opinion!

if they are waiting for the price increase, they can begin to stack up already right now, so it does not make any sense to wait for the price to decrease

the louder paypal says it won't happen, the more i believe it will happen. paypal can surely make profits if they at some point include a bitcoin balance in every paypal account. it can also function as sort of exchange to convert fiat balance to btc balance and vice versa. it's something they must consider.

Of course we're all wanting for the price to increase

But I'm sure there are some people out there who are wanting for it to decrease a bit so they can stack up some bitcoins

That all of people well know about of bitcoin and they will use it.

And that the price will increase.

I wouldn't exclude this out. It's a possible thing that could happen with paypal if they figure out a way to get some profits of off it too.

Yeah some speculations is just non-sense but some are good. But we will see what the future of bitcoin well be.