What are your views on Bitcoins future

parmatiya

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Quote from: Braeron on June 20, 2016, 03:59:06 AM

The best I like in Bitcoin is that you can do many things with it and that is really nice and I am almost for sure that it will be the future payment method in the future and that would be perfect for the currency itself.
But the bad thing is that you are not for sure what is going to happen in the future with the currency itself so that is the risky thing of it.

I have used the bitcoin many times. If the price of bitcoin rises further, I will use more of that. It is good for the coin.

Braeron

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The best I like in Bitcoin is that you can do many things with it and that is really nice and I am almost for sure that it will be the future payment method in the future and that would be perfect for the currency itself.
But the bad thing is that you are not for sure what is going to happen in the future with the currency itself so that is the risky thing of it.

CryptoBjorn

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Quote from: parmatiya on June 20, 2016, 03:08:09 AM

Quote from: ?? on ??

In the future there are just two predictions I have. The first prediction is that it's price will be more than 10000$ after 10-20 years. The second prediction is that bitcoin is worthless after 10-20 years.

I am more optimistic. The price will be more than 100,000 dollars after 10 to 20 years. But it depends on the usage.

That's quite some optimism. 100.000 is a lot of money. You know that right.
I suppose that on a 5-10 years term Bitcoin will get more adoption, maybe not worldwide but at least enough for merchants to accept it. Perhaps more companies like Steam would accept.
Towards the price, it's hard to say anything reasonable, since it would be speculation without any backing.

parmatiya

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Quote from: ?? on ??

In the future there are just two predictions I have. The first prediction is that it's price will be more than 10000$ after 10-20 years. The second prediction is that bitcoin is worthless after 10-20 years.

I am more optimistic. The price will be more than 100,000 dollars after 10 to 20 years. But it depends on the usage.

DarkThrones

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Well right now it's not the best it has ever been but I do think it will become great again. With the block size limit there are a lot of transactions that are in queue and so even if you send something you could be waiting hours before first confirmation starts. The rally is good but the increased volume means longer wait times.

OrangeII

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Well, I think bitcoin is the epitome of technological development in the internet, so I guess bitcoin will be growing in the internet, in addition to the future bitcoin will also be in use throughout the world because it has many benefits, one of which, could improve the economic crisis that occurred in the community

crossabdd

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Quote from: bitcoinboy12 on June 17, 2016, 10:50:59 AM

Quote from: CasioK on June 17, 2016, 10:18:47 AM

Quote from: Joel_Jantsen on June 15, 2016, 05:10:44 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

If he is asking for that then I think yes it will happen and will happen very sooner, the governments will accept it and will be allowed at the banks for financial affairs of the government, so then every coin will be replaced and there will be the royalty of only bitcoin.

Yep, I think there is nothing really wrong with the question. Anyhow, I feel the same way about Bitcoin. Time will come, and I believe it will be sooner than later that Bitcoin will be more recognized worldwide and will be widely accepted by many.

I think bitcoin has replaced all digital currency, but it is still a lot of people who do not use it because bitcoin is still limited if used for a payment. but in the future I believe bitcoin is the most used.

bitcoinboy12

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Quote from: CasioK on June 17, 2016, 10:18:47 AM

Quote from: Joel_Jantsen on June 15, 2016, 05:10:44 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

If he is asking for that then I think yes it will happen and will happen very sooner, the governments will accept it and will be allowed at the banks for financial affairs of the government, so then every coin will be replaced and there will be the royalty of only bitcoin.

Yep, I think there is nothing really wrong with the question. Anyhow, I feel the same way about Bitcoin. Time will come, and I believe it will be sooner than later that Bitcoin will be more recognized worldwide and will be widely accepted by many.

CasioK

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Quote from: Joel_Jantsen on June 15, 2016, 05:10:44 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

If he is asking for that then I think yes it will happen and will happen very sooner, the governments will accept it and will be allowed at the banks for financial affairs of the government, so then every coin will be replaced and there will be the royalty of only bitcoin.

Herbert2020

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Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

i think there is a difference between replacing all digital currencies and being the most used currency.

because i do believe the bitcoin can replace any for of digital/online payment system and rise above all of them very soon. but to be used instead of fiat (the paper money in offline stores) i doubt this can ever happen. or at least this will not happen in our lifetime.

redsun114

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Quote from: Oralmat on June 15, 2016, 08:00:30 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Bitcoin always remain in his own shape, i don't think that bitcoin need to change in digital currency. If bitcoin want to change so why bitcoin will come. Bitcoin is better as it is, people are using it and like it more than other currencies because bitcoin is a cryptocurrency. And i believe it in future bitcoin will also achieve more success and more verities will be applay in it and will be remain in his own shape.

I think you did not understand what he is asking for, he is only asking that will bitcoin all other crypto currency?
And for your kind info, bitcoin is already a digital currency and it is used for virtual businesses etc.

prtty2gal2

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Quote from: Joel_Jantsen on June 15, 2016, 05:10:44 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

There are a number of altcoins which sometimes come in front, and which are sometimes adopted by some people and some companies in replace of bitcoin which is a thread to bitcoin, so that is why the OP is asking for that will bitcoin defeat all the other coins.

0day

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Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Bitcoin is the original and No. 1 crypto currency so the day is not far when bitcoin will replace all other crypto currencies and it will be used for all the purposes online and it also has potential to come to the physical life usage,

parmatiya

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Quote from: barbara44 on June 16, 2016, 08:48:35 AM

Quote from: stromma44 on June 15, 2016, 05:34:16 AM

Quote from: Joel_Jantsen on June 15, 2016, 05:10:44 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

Bitcoin will be widely used and accepted like dollar in future for sure, the only thing is we need to wait for sometime for it to happen, bitcoin will be the best currency in future.

Yes I agreed with your opinions

Due to it's growing higher potential market, it has very bright future Cheesy

All online shops are going to accept bitcoin similar to paypal in future Cheesy

The transaction confirmation is too slow at the moment. We need the speed to be much faster than now.

barbara44

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Quote from: stromma44 on June 15, 2016, 05:34:16 AM

Quote from: Joel_Jantsen on June 15, 2016, 05:10:44 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

Bitcoin will be widely used and accepted like dollar in future for sure, the only thing is we need to wait for sometime for it to happen, bitcoin will be the best currency in future.

Yes I agreed with your opinions

Due to it's growing higher potential market, it has very bright future Cheesy

All online shops are going to accept bitcoin similar to paypal in future Cheesy

NordicRanger

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I think that tin the future ther will be many people are using the bitcoin and off course the price of the bitcoin would be that high that only people are investing and not buying coins.

Oralmat

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Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Bitcoin always remain in his own shape, i don't think that bitcoin need to change in digital currency. If bitcoin want to change so why bitcoin will come. Bitcoin is better as it is, people are using it and like it more than other currencies because bitcoin is a cryptocurrency. And i believe it in future bitcoin will also achieve more success and more verities will be applay in it and will be remain in his own shape.

stromma44

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Quote from: Joel_Jantsen on June 15, 2016, 05:10:44 AM

Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

Bitcoin will be widely used and accepted like dollar in future for sure, the only thing is we need to wait for sometime for it to happen, bitcoin will be the best currency in future.

Joel_Jantsen

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Quote from: ad2041 on November 15, 2015, 09:33:19 AM

Give your views will Bitcoin currency replace all the digital currencies and become the most used currency in future

Why you have to think about future to come to that conclusion ? Its already there.Maybe something like bitcoin would be used officially to buy stuff on airports and government organisations.Maybe buy train tickets with bitcoins.Pay for your bus fares with bitcoins.Hope you do get the point.

fkvidar

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Quote from: mindrust on June 15, 2016, 04:44:57 AM

It will live on as stronger than today.

There are faster and more anonymous alternavites popped up at past and non of them were be able to kill bitcoin. On the contrary, they made bitcoin more powerful as they advertised crypto in general while they were advertising their own brand. While most of them lost their volume in time, bitcoin still stays strong.

Bitcoin will be more powerful and bigger in future and we will see many new companies and business entering into it which will attract more users to invest their money into it.

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