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Topic: The future of Bitcoin - page 106. (Read 119586 times)

sr. member
Activity: 350
Merit: 250
April 14, 2016, 02:24:22 PM
Nobody will know what the future will be and that is normal because Bitcoin is a curreny and you never know what will happen with Bitcoin later in the future because it is always changing.
So sometimes you have to take some risks with Bitcoin so you can make later more money with it.
legendary
Activity: 1414
Merit: 1002
= jasad =
April 14, 2016, 02:13:17 PM
I think the future of your bitcoin is very good and much better than the currency now. Because of the advantages provided far better than the original, then the currency indirectly if everyone knows it, it's been ascertained would switch to using Bitcoin and eventually became the Bitcoin digital currency that is very much used by all people throughout the world, but I am still a bit doubtful if it is already a reality, Whether Blockchain is capable to hold all the transactions carried out every second with millions of transactions even tens ..??
Why are you so sure that bitcoin will much better than currenct global currency like dollar and euro?its because bitcoin can used for investement and payment?i dont see any strong opinion from what you wrote. 
hero member
Activity: 756
Merit: 500
April 14, 2016, 09:45:16 AM
I think the future of your bitcoin is very good and much better than the currency now. Because of the advantages provided far better than the original, then the currency indirectly if everyone knows it, it's been ascertained would switch to using Bitcoin and eventually became the Bitcoin digital currency that is very much used by all people throughout the world, but I am still a bit doubtful if it is already a reality, Whether Blockchain is capable to hold all the transactions carried out every second with millions of transactions even tens ..??
hero member
Activity: 952
Merit: 1000
April 14, 2016, 09:39:57 AM
The topic "The future of Bitcoin" should be said as The Future of the coin is Bitcoin.
With the current growth rate, you will see in near future, it will overcome FAIT currency also.

Though the price of bitcoin is high right now and might really go very high, I don't see it dethroning fiat at it's position... remember that fiat is backed by the government and been maintained and under it's control...

Many fiat are backed by governments, but they still lose value. If the bitcoin becomes a major currency, it will be used universally.

Even fiat is loosing its value people are still using it as they don't have any other option at a moment, but if the value of bitcoin falls in future then people will stop using it, as they always have fiat to spend.
hero member
Activity: 826
Merit: 502
April 14, 2016, 09:17:50 AM
IMO the future of bitcoin is that it replaces fiat money. Bitcoin will be the universal money, people will not be needing to exchange their local money into a foreign currency whenever they move into another country. In this way, trading of fiat money will not be necessary anymore since we all have a universal money that has a very stable value.
hero member
Activity: 672
Merit: 500
April 14, 2016, 09:11:58 AM
In my view point bitcoin will more glory in the future but it is can't close the possibility that bitcoin will stay as this or more down rather than now.
full member
Activity: 239
Merit: 250
April 14, 2016, 08:54:43 AM
The topic "The future of Bitcoin" should be said as The Future of the coin is Bitcoin.
With the current growth rate, you will see in near future, it will overcome FAIT currency also.

Though the price of bitcoin is high right now and might really go very high, I don't see it dethroning fiat at it's position... remember that fiat is backed by the government and been maintained and under it's control...

Many fiat are backed by governments, but they still lose value. If the bitcoin becomes a major currency, it will be used universally.
legendary
Activity: 3472
Merit: 10611
April 10, 2016, 12:30:58 AM
The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

There is no denying this. Bitcoin has already become centralized by having a few mining pools owning over 70& of the hash. Those pools control a lot of bitcoins and even worse some more bigger parties like coinbase and blockchain are growing and growing. It's not a real bad thing as long as more then 10 parties control it and not a handfull of companies.

no single mining pool owns that much hashpower, you are adding multiple different mining pool's hashpower and you reach 70% any more than 51% and there is the concern of 51 attack
also coinbase and blockchain (i am assuming you mean the bc.i web wallet) has nothing to do with centralization, they are just services that became successful.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
April 10, 2016, 12:14:23 AM
The topic "The future of Bitcoin" should be said as The Future of the coin is Bitcoin.
With the current growth rate, you will see in near future, it will overcome FAIT currency also.

Though the price of bitcoin is high right now and might really go very high, I don't see it dethroning fiat at it's position... remember that fiat is backed by the government and been maintained and under it's control...
hero member
Activity: 994
Merit: 500
April 09, 2016, 08:02:03 PM
The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

There is no denying this. Bitcoin has already become centralized by having a few mining pools owning over 70& of the hash. Those pools control a lot of bitcoins and even worse some more bigger parties like coinbase and blockchain are growing and growing. It's not a real bad thing as long as more then 10 parties control it and not a handfull of companies.
hero member
Activity: 518
Merit: 500
April 09, 2016, 07:18:35 PM
The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

If decentralized clause leaves bitcoin in future then I think we will loose many users, as majority of us love bitcoin only because it is not controlled or regulated by any authority.
its possible to happen,if bitcoin not decentralize anymore,i'm sure many people will leave bitcoin,they will useless to create open bazaar,and ithink this is will not happen,goverment can't make bitcoin controled.
hero member
Activity: 1190
Merit: 500
April 09, 2016, 06:54:28 PM
With huge market cup you will only have better, higher price. Stability of price must be achieved through consolidation of demand ,hash rate, and actual usage. When bitcoin finally becomes money, stability will come by itself i believe.
if the user already spans the globe and bitcoin has a very large user may be more than 200 million people.
bitcoin will be stable. because no one is manipulating the price because the market demand is very large
hero member
Activity: 812
Merit: 1000
April 09, 2016, 06:13:21 PM
The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.

If decentralized clause leaves bitcoin in future then I think we will loose many users, as majority of us love bitcoin only because it is not controlled or regulated by any authority.
sr. member
Activity: 434
Merit: 250
April 09, 2016, 02:18:04 PM
The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

I think bitcoin will be partly decentralized, partly regulated in future. Only this combination will allow it to compete with other world  fiat currencies.
hero member
Activity: 854
Merit: 500
April 09, 2016, 01:45:41 PM
The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.

Really a lot of new people who started work with bitcoin this year. I am scared a bit that in 2017 it will change and bitcoin become unpopular but we all hope it wont.
hero member
Activity: 742
Merit: 500
Hire me for your campaign management.
April 09, 2016, 01:43:38 PM
I don't think the price will reach $600 soon. Only if the halving shows high impact on price bitcoin will reach $600 within 3months time.
For further series price rise we need serious money for investment, if this don't happen soon we could face many problems. Best solution will be actually to keep this price for a longer time (400$ is very good price), Stability is very important for using of bitcoin.

Price stability is not permanent in bitcoin, we need huge market cap to achieve price stability, and the future of bitcoin will mainly depend on the halving.

But I think for a strong future and success of bitcoin, the price stability is important and required that it happen. The people will have then more believe on it. They will not fear to invest a large amount of their wealth in bitcoin.
legendary
Activity: 840
Merit: 1000
April 09, 2016, 01:00:18 PM
The future of bitcoin is very good as it is growing now and it is getting popular nowadays and we are seeing many new users started to use it so bitcoin's future is pretty safe.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
April 09, 2016, 12:41:27 PM
I don't think the price will reach $600 soon. Only if the halving shows high impact on price bitcoin will reach $600 within 3months time.
For further series price rise we need serious money for investment, if this don't happen soon we could face many problems. Best solution will be actually to keep this price for a longer time (400$ is very good price), Stability is very important for using of bitcoin.

Price stability is not permanent in bitcoin, we need huge market cap to achieve price stability, and the future of bitcoin will mainly depend on the halving.
Price stability can be achieved by halving, if price increases in future more number of users adopt bitcoin and the future of bitcoin will be bright and evergreen with more number of users.

Yeah if user adaption goes higher in future then we can expect that price will stable in future or else it will keep on fluctuating on regular basis.
legendary
Activity: 2646
Merit: 1106
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April 09, 2016, 11:56:51 AM
I don't think the price will reach $600 soon. Only if the halving shows high impact on price bitcoin will reach $600 within 3months time.
For further series price rise we need serious money for investment, if this don't happen soon we could face many problems. Best solution will be actually to keep this price for a longer time (400$ is very good price), Stability is very important for using of bitcoin.

Price stability is not permanent in bitcoin, we need huge market cap to achieve price stability, and the future of bitcoin will mainly depend on the halving.
Price stability can be achieved by halving, if price increases in future more number of users adopt bitcoin and the future of bitcoin will be bright and evergreen with more number of users.
hero member
Activity: 560
Merit: 500
April 09, 2016, 04:44:04 AM
With huge market cup you will only have better, higher price. Stability of price must be achieved through consolidation of demand ,hash rate, and actual usage. When bitcoin finally becomes money, stability will come by itself i believe.
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