Topic: The future of Bitcoin - page 48. (Read 119585 times)
but to me, as i guess bitcoin will still exist in the long term.but it can not change "genuine money". but it will be a role model for all altcoin.
The main strength of bitcoin is to become cryptocurrency with the first decentralized system, this makes bitcoin very popular compared to any coin. otherwise it is certainly the most expensive price making it the most prospective investment bitcoin.
It's the reason why many are seeing the future of bitcoin as great one because we are keep on speculating high amounts of value for bitcoin. No doubt that there will be a day that everyone will regret that the future of bitcoin is great and they never listened to those people that are keep on sharing about bitcoin on them. The decentralized cryptocurrency is what makes everyone invest to bitcoin because it can't be control by the government. 
in next 20 years: 1 BTC = 1 million dollars. 0.00000100 = 1 dollar. its nice sound? 
The main strength of bitcoin is to become cryptocurrency with the first decentralized system, this makes bitcoin very popular compared to any coin. otherwise it is certainly the most expensive price making it the most prospective investment bitcoin.
Yes, truely being decentralised makes it more famous amongst the bitcoin lovers. Future for bitcoin is bright and we can imagine the future seeing the past of bitcoin in 2009 and the current situation of bitcoins.
Foreseeable future for bitcoin constantly seems prosperous since it is innovative and is usually shifting. Meaning it is never ever the very same the day just before so that retains it clean and new users to it will see that. That is the reason I believe bitcoin will always attraction to the general public because it is new to them and want to know far more about it, if it is rising in price that is.
...not a guaranteed value of the Bitcoin makes the price move is not fair.
Life is not fair. The fact that bitcoin is not guaranteed by state violence is the very reason it will succeed, the very thing that makes it unique from all violence-backed state promissory scrip.No, bitcoin will not last forever. But it will almost certainly get us through the end of capitalism.
The main strength of bitcoin is to become cryptocurrency with the first decentralized system, this makes bitcoin very popular compared to any coin. otherwise it is certainly the most expensive price making it the most prospective investment bitcoin.
I would like to start a discussion about the future of Bitcoin.
The following is my prognosis
The future of Bitcoin
After vears of trying to break the blockchain technology that runs Bitcoin, the bankers and governements finally realized that because blockchiain was a public ledger that kept all transaction and that this ledger could not be hacked or falsified; Bitcoin could not be stopped or blocked. Like email, and i-porn, it used the internet highway and without destroying the internet and its highways of communication, the blockchain technology could not be blocked.
The banks and governments decided on another plan called “f you can`t beat them, join them”. They decided that their only chance was to buy up all the Bitcoins. They started small and encouraged Bitcoin`s price to drop by demanding regulation, not realizing that the blockchain is just a public ledger that can not be regulated. The threat of regulation caused the price of Bitcoin to drop, and when the banks and government thought that the price of Bitcoin would not go any lower, they started to buy up Bitcoins. When people realized that the banks and governments were buying up the Bitcoins, the price of Bitcoins soared in an avalanche. This made banks and governments very rich.
Bitcoin became to be used as electronic money that could not be falsified or tampered with and that could be used as electronic cash replacing coins and notes. The banks and governments started to encourage the use of Bitcoin and replaced their coins and notes with Bitcoins. Then they replaced their plastic credit cards with chips that were implanted and that allowed money transactions to be made much faster and conveniently than with Bitcoin. They made their own centralized and regulated version of Bitcoin and called it i-coin.
After i-coin became convincingly more appealing than Bitcoin, i-coin became widely accepted. Bitcoin became outdated and old fashioned and the price of Bitcoin started to drop. Then there came a time where the only ones that were using Bitcoins were the ones that were afraid of the chip implants, and those that were afraid of the corrupt banks.
Then the corrupt criminals got on the Bitcoin bandwagon, and Bitcoins started to be outlawed in many countries. The decentralized Bitcoin miners - the keepers of the public ledger - became scarcer and scarcer and were overtaken by centralized criminal miners.
Bitcoin became what it started out as-. electronic cash for buying illegal goods. Eventually, the criminals took it over to use as their own black cash for trading one illegal good for another. This caused a boom in illegal goods, and made the criminals very wealthy.
The link to the video is below
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A
The future of bitcoin is very good.From now as I look at the future of the bitcoin I think it has a very good future because bitcoin nowadays are already used and known by so many people.Bitcoin has already changed so many lives. The following is my prognosis
The future of Bitcoin
After vears of trying to break the blockchain technology that runs Bitcoin, the bankers and governements finally realized that because blockchiain was a public ledger that kept all transaction and that this ledger could not be hacked or falsified; Bitcoin could not be stopped or blocked. Like email, and i-porn, it used the internet highway and without destroying the internet and its highways of communication, the blockchain technology could not be blocked.
The banks and governments decided on another plan called “f you can`t beat them, join them”. They decided that their only chance was to buy up all the Bitcoins. They started small and encouraged Bitcoin`s price to drop by demanding regulation, not realizing that the blockchain is just a public ledger that can not be regulated. The threat of regulation caused the price of Bitcoin to drop, and when the banks and government thought that the price of Bitcoin would not go any lower, they started to buy up Bitcoins. When people realized that the banks and governments were buying up the Bitcoins, the price of Bitcoins soared in an avalanche. This made banks and governments very rich.
Bitcoin became to be used as electronic money that could not be falsified or tampered with and that could be used as electronic cash replacing coins and notes. The banks and governments started to encourage the use of Bitcoin and replaced their coins and notes with Bitcoins. Then they replaced their plastic credit cards with chips that were implanted and that allowed money transactions to be made much faster and conveniently than with Bitcoin. They made their own centralized and regulated version of Bitcoin and called it i-coin.
After i-coin became convincingly more appealing than Bitcoin, i-coin became widely accepted. Bitcoin became outdated and old fashioned and the price of Bitcoin started to drop. Then there came a time where the only ones that were using Bitcoins were the ones that were afraid of the chip implants, and those that were afraid of the corrupt banks.
Then the corrupt criminals got on the Bitcoin bandwagon, and Bitcoins started to be outlawed in many countries. The decentralized Bitcoin miners - the keepers of the public ledger - became scarcer and scarcer and were overtaken by centralized criminal miners.
Bitcoin became what it started out as-. electronic cash for buying illegal goods. Eventually, the criminals took it over to use as their own black cash for trading one illegal good for another. This caused a boom in illegal goods, and made the criminals very wealthy.
The link to the video is below
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A
https://www.youtube.com/watch?v=u48ccZ27wfQ&list=UU9rOAPUfZe3KEja0vvFpe_A
The future of bitcoin is really good as it is expanding now and it is obtaining well-liked nowadays and we are observing numerous new end users started out to use it so bitcoin's foreseeable future is fairly safe.
Bitcoin will become global currency.Bitcoin can be use as payment in all over the place, like retailers, merchants. groceries, fuel, transportation, and other spots.Absolutely everyone has their very own bitcoin wallet, and we can do transfer/transaction simpler.
The future of this bitcoin i think it will going to rise the value, as of now we can see the value of bitcoin is still going to rise so that it is big opportunties for us to cashout our bitcoin or trade our altcoins to bitcoins.
Bitcoin in the future will be valuable and maybe rare. Absolutely the price of Bitcoin will increase strongly. For those who intend to buy Bitcoin, buy it now or you will regret. Bitcoin now is giving hope to many people in the world. In the future, more people will be received hope by Bitcoin.I agree with you both. I think bitcoin in the future is still very valuable like of today. And the value or price of it will keep increasing. And I think maybe some of the countries who are not legalizing bitcoin will legalise it. More people will be joining and it will be very popular everywhere.
Long term for bitcoin constantly seems to be affluent simply because it is revolutionary and is often shifting. Meaning it is by no means the very same the working day just before so that retains it new and new users to it will see that. That is the reason I think bitcoin will usually appeal to the public because it is new to them and want to know a lot more about it, if it is growing in price that is.
IMO the long term of bitcoin is that it replaces fiat money. Bitcoin will be the universal income, folks will not be needing to exchange their regional income into a foreign forex anytime they move into one more country. In this way, trading of fiat income will not be essential anymore since we all have a universal money that has a quite secure worth.
Bitcoin will become world-wide currency.Bitcoin can be use as payment in all over the place, like outlets, stores. groceries, fuel, transportation, and other areas.Everybody has their very own bitcoin wallet, and we can do transfer/transaction easier.
The question you brought up about whether governments are considering buying up bitcoins is an interesting one.
It looks like the classic Prisoner's Dilemma problem. All governments would be better off if bitcoin died out, but the first government to initiate a bitcoin-reserve buying program would be in a much better position than other governments if bitcoin does become ubiquitous.
I think in the world of American hegemony we lived in between 1990-2000 there would be no bitcoin buying, but in an increasingly bipolar world of East vs. West that is developing today along with a few fragmented rogue states such as North Korea and Iran, someone will defect and start buying bitcoin which will trigger a cascade of strategic buying.
Disagree about the creation of i-coin though. No nation has enough power to unseat a truly global currency like bitcoin once it becomes ubiquitous, unless they conquer a super-majority of the world.
It looks like the classic Prisoner's Dilemma problem. All governments would be better off if bitcoin died out, but the first government to initiate a bitcoin-reserve buying program would be in a much better position than other governments if bitcoin does become ubiquitous.
I think in the world of American hegemony we lived in between 1990-2000 there would be no bitcoin buying, but in an increasingly bipolar world of East vs. West that is developing today along with a few fragmented rogue states such as North Korea and Iran, someone will defect and start buying bitcoin which will trigger a cascade of strategic buying.
Disagree about the creation of i-coin though. No nation has enough power to unseat a truly global currency like bitcoin once it becomes ubiquitous, unless they conquer a super-majority of the world.
I think bitcoin would get its price higher or lower depending on some factors. One thing that concerns me is the government they might take control on bitcoins accessibility. Another thing for sure is that the bitcoin population in the near future would be really high.
Future for bitcoin constantly seems prosperous because it is progressive and is usually altering. That means it is in no way the very same the working day before so that retains it new and new customers to it will see that. That is the cause I feel bitcoin will usually attractiveness to the general public because it is new to them and want to know much more about it, if it is increasing in benefit that is.
In my see position bitcoin will much more glory in the future but it is are unable to close the chance that bitcoin will remain as this or much more down rather than now.
I don't get what you are saying. I know you are saying that it will be a glory because bitcoin in the future will be having a great success. Still that is just a probability, we all know thay bitcoin is volatile so the price is not that good to know more about it.
Markets are disrupted all the time. Bitcoin will be challenged in the close future. The only reason why bitcoin has the largest market cap is publicly. I am not saying that Bitcoin will not be that one coin.. but over night something else could be hyped.
By your words i am sure that you are not aware of what bitcoin is and what is real potential is,how many advertisement have you seen regarding bitcoin till now,people are attracted towards bitcoin simply because it is a revolutionary way in which we see assets and nothing else,make sure you learn about it before looking for a challenge. 
In my see position bitcoin will much more glory in the future but it is are unable to close the chance that bitcoin will remain as this or much more down rather than now.
True , bitcoin is being recognized by some countries which is good they will surely let bitcoin be adapted in any for of exchanges for payment or for transaction. Its a way too early to give a limitation of bitcoin's existence, it will surely expand its capability soon and run with most popular currency in the world and be used by the peoplw worldwide, and have faith in the fact that it may also eradicate poverty.
Right now Bitcoin is having a market cap of close to $70 billion (which is more than that of certain fiat currencies) and some 10 million people as users. So we can say that it has firmly established itself. But I can't predict how the things will turn out in the distant future.
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