The Next 10 years of Bitcoin? - page 3.

smyslov

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Quote from: BitcoinLegends on June 26, 2021, 01:27:02 PM

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

If we are going to consider what we are seeing right now and if this trend will continue, Bitcoin will continue for the next ten years, there are a lot of fo things that are going to happen on this period but everything is for the good of the industry as much new technology will be created revolving around Cryptocurrency, maybe in the next ten years, there will be lesser scamming going on.

Hippocrypto

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Quote from: BitcoinLegends on June 26, 2021, 01:27:02 PM

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

That's very hard to say a visionary for the thing which is too far to exist, but only expectations I can give is survival of bitcoin is really strong when this time comes. Other coins will also be dead if ever it won't sustain with competition, because that's the reality of a business. However, when those huge price prediction would come in reality I guess we will see btc at $200k or even bigger than that value.

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Quote from: BitcoinLegends on June 26, 2021, 01:27:02 PM

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

No one does have the crystal ball so its not easy to tell. Cheesy

Getting serious, no one could know if bitcoin would still be relevant on next 10 years or being replaced by another altcoins in the market.
No one can tell since theres no man on this world would able to know on what would happen ahead even guessing on tomorrows weather isnt 100% precise and you should mind that basic thing.
Fact here that Bitcoin existence is already a decade, we've seen on how it came big and been mainly supported and thats why it do remain on top ranks.
One thing is guaranteed here that acceptance and recognition would continue. Payment system that had been created is revolutionary.

Desmong

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Quote from: Reosta_ on July 02, 2021, 04:08:09 PM

I see a very bright future for Bitcoin. In 10 years, there will be a lot of things going on for Bitcoin. Some of them will be positive, some will be negative. But eventually, Bitcoin will consolidate its place in the market way more than now I believe. And I can't even imagine what the price would be then. I assume that we can see at least $500k or above.

Everyone is anticipating a bright future of Bitcoin since we'll expect the market to always concur to our trend. The market might just decides to dance the way it's likes but nevertheless Bitcoin is still going to sour higher than it is today.
The future of Bitcoin has a lot to show us so I don't think their is any need to be optimistic in a short range rather than looking ahead to dance to what the market has to offer

Reosta_

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I see a very bright future for Bitcoin. In 10 years, there will be a lot of things going on for Bitcoin. Some of them will be positive, some will be negative. But eventually, Bitcoin will consolidate its place in the market way more than now I believe. And I can't even imagine what the price would be then. I assume that we can see at least $500k or above.

Asuspawer09

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Quote from: BitcoinLegends on June 26, 2021, 01:27:02 PM

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

Because of the recent news of El Salvador to bitcoin, I'm thinking it is possible for bitcoin to be a currency or a national currency, at first I'm thinking it's just suitable as an investment and it is and not really for spending or as a real currency because there were just so many disadvantages of using bitcoin.

But because of this start and what El Salvador have done, we now know that it is possible to happened and for sure a lot of countries could possibly do it as well, making the demand even higher and increasing the market price of bitcoin in the future.

Thinking about the billions of people and businesses that could possibly use bitcoin in the future I think the potential when it comes to market price was just too high and could even surpass a million dollars in the future.

barbara44

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Quote from: Rajamuda on July 01, 2021, 11:08:34 PM

If indeed the good side of bitcoin continues to increase or persist from time to time.. I think of course bitcoin will survive and its role is still very good for the financial side, but if the bad side is more visible and considered in a risky direction.. I think bitcoin will weaken.
Well, but in my opinion.. bitcoin will still be in its popularity and will be welcomed even better even though there are many things that affect/disturb it.
About the price, of course it's hard to be sure, but I'm more tended to think that it will be higher than now

There is no weak side of bitcoin in the long run, even the idea of bitcoin is something that will grow bigger and bigger in the future. One day bitcoin will fail to go up much more and the volatility will stop, but that is not now, that is when bitcoin becomes something much bigger, like stock markets, and we need like 25x to 30x increase in bitcoin price compared to now in order to have that, which will not happen at any time soon.

Obviously speaking people will have bad feelings about bitcoin in the short term, it is going to be basically bad for short term and then good for long term. Think about it this way, go to 5 then drop to 3 then go to 10 drop to 7 go to 15 drop to 12 and so forth for a very long time, those drops can make people be scared of bitcoin but in the end it is always higher in the long term all because of the good side of it.

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Bitcoin in the next 10 years will know more about it and an institution will definitely look at the various technologies that are being built maybe this will happen at that time and the government can recognize that bitcoin is the most important asset. I believe it

In terms of price it may have already exceeded hundreds of thousands of dollars because this will be more and more in demand from the community and investors, adoption of every company will definitely be implemented in their system and payments will be easier and any spending bitcoin will be available soon, I only believe this in 10 years later.
This development will surely continue until more people adopt about crypto.

ILuckyGuyI

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I'm very confident about Bitcoin is going to be still surviving by then. When it comes to a price prediction, I think that Bitcoin price will reach at least one million dollars. And we will continue to witness new people getting rich through Bitcoin.

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Quote from: BitcoinLegends on June 26, 2021, 01:27:02 PM

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

Bitcoin survived for more than 10 years as of now hence I will not suspect about the survival of next 10 years.
Next 10 years for bitcoins might be more interesting than what we had experienced in last 5 to 7 years. I remember there were topics on this forum like "what will you do if bitcoin got stuck at current levels forever" (when bitcoin was trading below $500 levels) but I guess we may not see such topic anymore. But, we will see topics like "will bitcoin test $500k/$800k this month?"

More countries will follow El Salvador in next few years and more number of celebrities might start talking about their success stories on how their enjoying big profits due to bitcoin.

In my speculation, I guess by 2030 bitcoin might have set ATH above $10M levels as I am expecting one million to be tested by the times of 2025 itself.

Rajamuda

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If indeed the good side of bitcoin continues to increase or persist from time to time.. I think of course bitcoin will survive and its role is still very good for the financial side, but if the bad side is more visible and considered in a risky direction.. I think bitcoin will weaken.
Well, but in my opinion.. bitcoin will still be in its popularity and will be welcomed even better even though there are many things that affect/disturb it.
About the price, of course it's hard to be sure, but I'm more tended to think that it will be higher than now

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10 years from now I think BTC will really be adopted by countries which is started by El Salvador. Paraguay is on the way to follow too. Since IMF didn't like what they are doing, they are going to be sanctioned which the aide worth billions may not be provided for the countries that adopted BTC. The world will see how corrupt the financial system is.

The Strike app by the way announced that transactions are free.

TimeTeller

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Ten years is a long way, and with the technology moving so fast and investors growing we never know if there are new coins that will and can challenge Bitcoin old and new, all I know is Cryptocurrency is the future and this is an open arena where developers can create the next big thing, so better watch the market and the community closely, there are coins that have potential in the market but yet unknown.

Within the next 10 years, I believe bitcoin is still in the market.
Considering that we are still in the early stage of bitcoin adoption today.
10 years will just go by very fast. But the possibility of creating another alt that will challenge bitcoin will always be there.
How many coins or projects were created to surpass the technology of bitcoin, and up until today, no one has toppled its position in the market.

kayiboyu

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I want to see Bitcoin at a much greater level in 10 years. I think there will be digital currencies in our lives in 10 years instead of fiat. Countries will have made their own digital currencies and they will be improving them also. In such situation, Bitcoin may even become the best alternative by then.

Expecto

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I've no doubt that Bitcoin will survive. But when it comes to the price prediction, it's really hard to say something about it. We all know Bitcoin's volatile nature. Everything can happen then. For example, we can see millions of dollars of value or maybe much less than that also. But I'm hoping to see people preferring Bitcoin many more than now.

Welsh

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Bitcoin will survive. However, the value would be hard to determine. The optimism in me says that by that time Bitcoin would have reached 100k, although I've always been a sort of pessimistic person when it comes to Bitcoin's value in the relatively short term. I never envisioned or even imagined that Bitcoin would reach 50k, by the time we have done. I thought it was going to be many years after this.

The biggest factors in determining the value of Bitcoin in 10 years will be down to the government, and how they decide to further regulate Bitcoin, because I most certainly expect more regulations, and stricter ones at that to come into place. adoption rate is hard to determine, but I would expect the infulencers of the world to really push the adoption up in the next few years. I actually think, we will likely see the biggest growth we've seen yet in the next 3 years.

DatKing

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Will Bitcoin survive? Yes and of course. Bitcoin will not just survive. It will reach much higher levels than this. In 10 years, I believe that it is very possible to see Bitcoin price reaching $1m level. And its adoption will also be much better than this. There will be many more people who will be using Bitcoin in daily life.

Oasisman

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Quote from: BitcoinLegends on June 26, 2021, 01:27:02 PM

What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?

Survival is not the question. The value is the question.
Look at how Bitcoin came so far from more than 10 years while It has almost no value in 2010.
Imagine Bitcoin today trading at $33,000,in the next 10 years it would for sure multiply for a possible 7 digit figure.
Again, the question is not about survival, its the value.

10 years is such a long period of time anyway, why won't we speculate on the next 3-5 years during the next 4 year cycle?

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Quote from: Vaskiy on June 28, 2021, 09:03:14 AM

We've crossed the first ten years of bitcoin. During the first ten years we've experienced the early growth and things happening in a much stabilized way. The falling ten years in opinion is the days of market widening. As a beginning for the same we've got more corporate network entry into the cryptospace. Along with the entry of the corporate more countries have legalized cryptocurrency usage. So, don't get late on investing on cryptocurrency is my thought.

The first decade was an experiment to see if bitcoin could actually survive, the next decade will be mostly about worldwide adoption, we made great progress during the first ten years but the explosion of adoption will come during the next decade, especially since I do not think the current economic system can last that much and will begin to show more instability and economic crisis will become more common, this will play in favor of bitcoin as people will try to find a way to protect their wealth and bitcoin shows it is the best option for that.

dmamigo

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Obviously, it will survive but the matter of fact is whether the value will rise more or will get dumped. The crypto market will see more users in the recent future itself which makes me believe that the market is going to see a positive side including the rise of value. Probably it might touch or be stable around $60-80K based on the current scenario and recent market movement. I will not speculate for $100K plus because it is too soon to pass such a speculative statement.
Regarding survival, for sure it will survive but there is a possibility that few countries might introduce specific regulation or restrictions which might create issues such as a decrease in users which will impact the market overall.

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