Topic: The future of Bitcoin - page 54. (Read 119585 times)
The Buying process of Bitcoins will have to be made much more simpler than it is at present. All indications point that the process will get more streamlined, so buying bitcoins will be an easy task. In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will mushroom. 
I live in a third world country and buying bitcoins here isn't hard at all. Like, not at all. You can buy bitcoins in convenience stores. If you have 7-11 in your country, chances are they also have it there. You can use the machine to buy bitcoins and then that's it. Your problem is already solved. It's as if you just bought bitcoin from a store. No hassle at all and the process time takes only about 15 minutes. I'm pretty sure the future of bitcoin is really bright especially with that big price for each coin. People will notice bitcoin and when people start using bitcoin, the price of bitcoin will become more higher and bitcoin can be the next gold or even to be the most popular online currency for online transaction.
I agree with you . There are now many people who prefer to use Bitcoin as a means of payment because it is easier in life. I think in the future Bitcoin can replace cash and banks will have to use BitcoinBitcoin's population is increasing but not in the pace that it will replace cash. I don't think bitcoin will ever replace cash at all. A lot of people knows about bitcoin but only few of us are using it. Only few of us are embracing the idea of it and that will continue to be the case unless big companies and influential people start promoting it.
I'm pretty sure the future of bitcoin is really bright especially with that big price for each coin. People will notice bitcoin and when people start using bitcoin, the price of bitcoin will become more higher and bitcoin can be the next gold or even to be the most popular online currency for online transaction.
I agree with you . There are now many people who prefer to use Bitcoin as a means of payment because it is easier in life. I think in the future Bitcoin can replace cash and banks will have to use Bitcoin
The Buying process of Bitcoins will have to be made much more simpler than it is at present. All indications point that the process will get more streamlined, so buying bitcoins will be an easy task.
In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will mushroom.
Yes I agree simplification the usage of Bitcoins would make this currency more popular and may company will use and be recognized, at present it is quit complicated to those people who are not so familiar with the process, but once it become simple and they can realized how simple & versatile bitcoin is maybe there might be a paradigm shift in the market place. In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will mushroom.
The Buying process of Bitcoins will have to be made much more simpler than it is at present. All indications point that the process will get more streamlined, so buying bitcoins will be an easy task.
In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will mushroom.
In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will mushroom.
I'm pretty sure the future of bitcoin is really bright especially with that big price for each coin. People will notice bitcoin and when people start using bitcoin, the price of bitcoin will become more higher and bitcoin can be the next gold or even to be the most popular online currency for online transaction.
I agree with you . There are now many people who prefer to use Bitcoin as a means of payment because it is easier in life. I think in the future Bitcoin can replace cash and banks will have to use Bitcoin
I'm pretty sure the future of bitcoin is really bright especially with that big price for each coin. People will notice bitcoin and when people start using bitcoin, the price of bitcoin will become more higher and bitcoin can be the next gold or even to be the most popular online currency for online transaction.
will not last forever
I predict will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the makes the price move is not fair. In my opinion, the increase in the value of significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
profit-taking but forget to pay attention to the fundamentals of itself, the attitude of the Chinese Government against should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
. Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
addition will facilitate economic activity will also encourage greater economic growth as a result of the circulation of money faster....
Does not exist forever, but also had a step forward as today. I see people are still investing and trust . So I don't think that in the future it will end soon.I predict will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the makes the price move is not fair. In my opinion, the increase in the value of significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
profit-taking but forget to pay attention to the fundamentals of itself, the attitude of the Chinese Government against should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
. Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
addition will facilitate economic activity will also encourage greater economic growth as a result of the circulation of money faster....
it is almost impossible that it will be end in the future. i know a lot of people who are coming towards it and i think a lot of people attracting toward bitcoin only by seeing the rise in it price since 2009 which makes it a very good option to invest in it other than gold or some real state.
Now the future bitcointalk is very secure especially until next year is definitely more advanced than the others.
The future of bitcoin is very exciting as the price gets higher day by day. And everyone is taking up a lot of time to earn bitcoin and invest with trading. In the near future, bitcoin will be known by other countries that are still not accepting nor adopting it. They will do the same as Japan and SOuth Korea did last time.
Bitcoin will not last forever
I predict Bitcoin will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the Bitcoin makes the price move is not fair. In my opinion, the increase in the value of Bitcoin significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
profit-taking but forget to pay attention to the fundamentals of Bitcoin itself, the attitude of the Chinese Government against Bitcoin should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of Bitcoin will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
. Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
addition will facilitate economic activity will also encourage greater economic growth as a result of the circulation of money faster....
Does not exist forever, but bitcoin also had a step forward as today. I see people are still investing and trust bitcoin. So I don't think that in the future it will end soon. I predict Bitcoin will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the Bitcoin makes the price move is not fair. In my opinion, the increase in the value of Bitcoin significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
profit-taking but forget to pay attention to the fundamentals of Bitcoin itself, the attitude of the Chinese Government against Bitcoin should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of Bitcoin will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
. Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
addition will facilitate economic activity will also encourage greater economic growth as a result of the circulation of money faster....
sure. After the segwit, bitcoin will perform the faster transaction and the confirmation time is no longer an important issue. People can now believe in bitcoin and ivnest all of their money into this cryptocurrency. The world needs to change and also the people. bitcoin is one of the new technologies in the 21st century. If you does not adapt to this new change, you will become obsolete and poor for the rest of your life
That is certainly true, mate. Every technology needs to adapt to the evolving world. The biggest cryptocurrency in market cap known as Bitcoin needs to adapt to the changes required for it to handle a large amount of transactions from around the world. Otherwise, people will tend to use another cryptocurrency which is faster and capable of handling more transaction load than Bitcoin itself.
As you said earlier, if it can't adapt to the new changes, then it will become obsolete and eventually replaced by better alternatives. However, it seems that the case will be very unlikely as Bitcoin has shown huge support from its miners towards scaling and improving its transaction capacity.
With SegWit becoming active, and an upcoming block size increase to 2mb, Bitcoin will become stronger and better to handle payments in the mainstream world. As of today, Bitcoin Cash is the third largest cryptocurrency in market cap, but I believe that it may be only temporary, and the original Bitcoin will prevail for years to come.
Only time will tell what lies ahead for the future of Bitcoin. Just my opinion.
bitcoin is future currency,it is popular in future,number of users will increase,now it is legal in some countries and it will legal by world wide.online transactions are very comfortable and no need to depend on the government.small merchants,small budget business also will accept the bitcoins,it used instead of cash also.
The future of bitcoin is still bright and in fact, we can see it right now and there is no doubt that the market in the future will still be good or even better than the current performance of bitcoin. The future is always there but the only one who are in charge in creating that future is, us. We need to be good in using and maintaining bitcoin so we can have a good future.
Since 6 months I know bitcoin I'm always optimistic with the future will always improve, we can get big profit if want to buy bitcoin now and sell at least a year.
Competition is always good.
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 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 for now is unpredictable. But due to issues that facing bitcoin right now. It is possible that it can be dominated by other cryptocurrency if there will rise a more popular and more used cryptocurrency.
On the good side of the future of Bitcoin. If it can dominate other cryptocurrency it can be used worldwide and even cause real money to disappear. With the advantages of bitcoin that it can lessen the crimes such as theft, it will be more suitable to use.
Yet, if the stability of Bitcoin will not be reassured it will be difficult to predict what will happen next.
I see bitcoin as one of most popular cryptocurrency of the century and I look up that paper money and bitcoin will mege as one for its definite and high value , and bitcoin will soter so much people than can gain profitable investments.
The future of Bitcoin has been anticipated. For me, Bitcoin will be recognized in all countries, especially in industrial developing countries, if that happens the paper money will disappear forever and people only use virtual currency to trade
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 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 for now is unpredictable. But due to issues that facing bitcoin right now. It is possible that it can be dominated by other cryptocurrency if there will rise a more popular and more used cryptocurrency.
On the good side of the future of Bitcoin. If it can dominate other cryptocurrency it can be used worldwide and even cause real money to disappear. With the advantages of bitcoin that it can lessen the crimes such as theft, it will be more suitable to use.
Yet, if the stability of Bitcoin will not be reassured it will be difficult to predict what will happen next.
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