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Topic: The future of Bitcoin - page 60. (Read 119605 times)

sr. member
Activity: 562
Merit: 250
June 16, 2017, 08:56:18 AM
Bitcoin is very good status as of now.And how much more when it is known in the world.I think the Bitcoin will be very successful and will be very usable and many are introducing it to other people and in thay way assurance of being successfull is 100percent.
newbie
Activity: 45
Merit: 0
June 16, 2017, 06:32:42 AM
I think that in the future bitcoin will be used as one of the constituent parts of the gold and currency reserves of each country, along with gold and the strongest fiat currencies.
legendary
Activity: 1526
Merit: 1001
June 16, 2017, 05:14:56 AM
The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.

Bitcoin does have the potential to become larger than it is today. When other altcoins have the power to increase their rates. But bitcoin will still be the best cryptocurrency, market and also the demand that many of the users will make bitcoin into world economic power.
hero member
Activity: 1722
Merit: 528
June 16, 2017, 05:10:22 AM
The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.


THe future of bitcoin is really good, it is not that bad unless it will not developed. Bitcoin as a digital currency has its flaws, the reason why it needed to be improved. But other crypto currency are not trying to compete with bitcoin, how can they compete when there are no one to control them. The people are just loving how these crypto currency are done.
full member
Activity: 477
Merit: 100
June 16, 2017, 05:03:52 AM
The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.

Yes, people put their trust on bitcoin. Little by little, bitcoin is get acceptance from many countries. Another altcoin will also popular but not popular as bitcoin.
hero member
Activity: 1022
Merit: 538
June 16, 2017, 05:01:13 AM
The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.

Yes you are right that Bitcoin future will be not bad I am sure that Bitcoin future will be bright because there's a lot of people adopting bitcoin for the future and a lot of people buy Bitcoin and then hold their Bitcoin for the high price in the future and I think bitcoin is still number one currency of the world and I think bitcoin is a successful currency because a lot of people are using Bitcoin for online transaction.
sr. member
Activity: 663
Merit: 250
June 16, 2017, 04:27:51 AM
The thing that we can do for now at most is simply to speculate about the future of bitcoin. It is actually too early to tell whether bitcoin will eventually crumble down in the future. It actually may but it may also not.

Bitcoin is relatively young, and for now it is doing good and remains promising. There are downsides of this technological invention of course. Incredibly high fees is a concern, for example.

But, the bitcoin horizon is generally clear for now. It is actually on the progress of growing up into a reliable mode of payment worldwide.
member
Activity: 83
Merit: 10
June 16, 2017, 04:18:00 AM
With some countries that have adopted bitcoin this is certainly a positive support of course for development of bitcoin as a digital currency that has highest value in market crypto
If Bitcoin gets large enough then the people in various Countries will notice that there is a bunch of people interested in Digital Currency so the major Bankers will begin building their own Blockchain systems that people can get involved in.
I hope they pay homage to Bitcoin if that happens.

All the banks are already investing heavily in their own blockchain systems
member
Activity: 110
Merit: 10
June 16, 2017, 04:09:25 AM
With some countries that have adopted bitcoin this is certainly a positive support of course for development of bitcoin as a digital currency that has highest value in market crypto
If Bitcoin gets large enough then the people in various Countries will notice that there is a bunch of people interested in Digital Currency so the major Bankers will begin building their own Blockchain systems that people can get involved in.
I hope they pay homage to Bitcoin if that happens.
And I hope users pay homage to Bitcoin by staying with Bitcoin and not changing to the i-coins of the banks.
hero member
Activity: 774
Merit: 500
Look ARROUND!
June 15, 2017, 09:20:12 PM
With some countries that have adopted bitcoin this is certainly a positive support of course for development of bitcoin as a digital currency that has highest value in market crypto
If Bitcoin gets large enough then the people in various Countries will notice that there is a bunch of people interested in Digital Currency so the major Bankers will begin building their own Blockchain systems that people can get involved in.
I hope they pay homage to Bitcoin if that happens.
sr. member
Activity: 324
Merit: 250
June 15, 2017, 10:59:32 AM
The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.
nod
full member
Activity: 126
Merit: 100
June 15, 2017, 10:43:56 AM
I do not know what the Bitcoin's future will be but I think other Altcoins (or maybe Bitcoin) will be used by everyone as money (or just like money)
sr. member
Activity: 518
Merit: 250
June 15, 2017, 10:25:15 AM
The future we will achieve together,
We do not have to doubt that,
Because bitcoin is the future.
full member
Activity: 414
Merit: 107
June 15, 2017, 01:14:57 AM
When South korea and Japan officially legalize bitcoin, then I'm quite sure that the future of the bitcoin will be brilliant. This will be followed by other countries even later trade between countries will be using bitcoin.

When the countries like Japan ,S.Korea,Canada,UK,Australia ,Sweden,US,Denmark and more countries accepted BTC definitely other countries will have to think seriously about BTC approval to fight global economic challenges.  
yes, I agree with you guys. If the developed countries started using Bitcoin, the others would follow. So hope that Japan, S.Korea, Canada, UK, Australia, Sweden, US, Denmark will study it and spread around the world.
exactly, when developed countries will start using bitcoin then others countries will be impressed by them, Japan has already started using Bitcoin, on the other hand, other big fishes still counting their fingers...but I am hopeful, bitcoin will dominate the currency world in the future...
sr. member
Activity: 584
Merit: 256
June 15, 2017, 12:44:02 AM
nowadays bitcoin is a burning topic in the monetary world. the value of bitcoin is increasing by leaps and bounds, so many people are going to be involved in this platform. from my perspective bitcoin will play an important role in this sector, so it can say that Bitcoin has a good future...
full member
Activity: 256
Merit: 100
June 14, 2017, 01:00:11 PM
Bitcoin now is like a child who just began learn to walk , soon it can run and jump.
All country and gov in the world still not dare to receive bitcoin as curency , but soon they will accept that.
It will be more precious than gold in the future

in a short time bitcoin if fast moving forward many countries adapt the digital world of currency and invest from it. Future is very big on bitcoin they expected that it will be $1M as year goes by
We must be very patient and we will wait for the results that dreamed of really Bitcoin will reach these heights which experts predict. To date, even $ 2,000 or even $ 3,000 is not the limit.
member
Activity: 141
Merit: 10
Cryptotalk.org
June 14, 2017, 12:47:08 PM
Bitcoin now is like a child who just began learn to walk , soon it can run and jump.
All country and gov in the world still not dare to receive bitcoin as curency , but soon they will accept that.
It will be more precious than gold in the future

in a short time bitcoin if fast moving forward many countries adapt the digital world of currency and invest from it. Future is very big on bitcoin they expected that it will be $1M as year goes by
sr. member
Activity: 403
Merit: 250
Less is more
June 14, 2017, 11:36:10 AM
When South korea and Japan officially legalize bitcoin, then I'm quite sure that the future of the bitcoin will be brilliant. This will be followed by other countries even later trade between countries will be using bitcoin.

When the countries like Japan ,S.Korea,Canada,UK,Australia ,Sweden,US,Denmark and more countries accepted BTC definitely other countries will have to think seriously about BTC approval to fight global economic challenges.  
yes, I agree with you guys. If the developed countries started using Bitcoin, the others would follow. So hope that Japan, S.Korea, Canada, UK, Australia, Sweden, US, Denmark will study it and spread around the world.
member
Activity: 110
Merit: 10
June 14, 2017, 10:54:45 AM
The problem is that because of the current scaling issue, the poor are outpriced for bitcoin. The transaction fees right now are way too high. Bitcoin will have to scale to become adoptable and adopted by the world's poor. Potentially, it can also become a store of value for them given the finite number of units that can exist. This would be great for populations dealing with hyperinflation.

If the transaction fee will be lowered for the sake of poor people alone, then everything in this world should have been lowered by now. Bitcion is outpriced to poor people but food and electricity is also outpriced for poor people. You don't see the government lowering down the food and electricity bills for them. In a wider scale, no one cares about these people's bitcoin microtransactions. Some people are only talking about scaling issues, forkers, etc. just for the sake of discussion even though they know deep inside that none of these will happen.

If you want the poor to adopt Bitcoin, you have to help them adopt it by donating Bitcoins to them. Bitcoin opens up many possibilities that are not possible without Bitcoin. One possibility is "helping people with a few clicks of the mouse".  People without banks have the most to gain from Bitcoin. Using Bitcoin for donations is a win-win for those with Bitcoins and those without. To send a small donation does not need a high fee because the confirmation time can be as long as a few days. For those of you who are too stingy with your satoshis to donate them, then you can promote others less stingy to do it. Take a look at one proposal to do just that. https://www.facebook.com/MicroJITIFA/ One of the posts has a Micro-JITIFA project you can donate to.
hero member
Activity: 588
Merit: 500
June 14, 2017, 09:39:34 AM
The problem is that because of the current scaling issue, the poor are outpriced for bitcoin. The transaction fees right now are way too high. Bitcoin will have to scale to become adoptable and adopted by the world's poor. Potentially, it can also become a store of value for them given the finite number of units that can exist. This would be great for populations dealing with hyperinflation.

If the transaction fee will be lowered for the sake of poor people alone, then everything in this world should have been lowered by now. Bitcion is outpriced to poor people but food and electricity is also outpriced for poor people. You don't see the government lowering down the food and electricity bills for them. In a wider scale, no one cares about these people's bitcoin microtransactions. Some people are only talking about scaling issues, forkers, etc. just for the sake of discussion even though they know deep inside that none of these will happen.
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