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Topic: What do you guess about he future of bitcoin? (Read 46240 times)

sr. member
Activity: 1400
Merit: 283
December 18, 2016, 05:53:52 PM
With the bitcoin growing more and more and the number of people using it getting bigger and bigger, the price is constantly going up and that is mainly due to the reason that bitcoin is becoming more and more harder to mine and i think in the future we will reach a point where there is no machine will be able to mine it and then the price will stabilize but by that time who knows what technology will the time brings us that  might make mining bitcoin is easier than it is today.
MMA
legendary
Activity: 1134
Merit: 1000
Everyone knows that bitcoin is not a stable currency here is a graph :


Do you think bitcoin have possibilities to be more stable in the future ?
What do you think about the future of BTC?

I think that bitcoin will become the world reserve currency , you can save your money and it's a way super secure than everything we can imagine.
The bitcoin now are are being widely accepted and not controlled by government

I agree that bitcoin has bright future as potential major payment method due to everything on money transaction will going towards digital currency and the trend of it has begun since last few years. It can happen in the next 10-20 years later for sure because it's a long time for all entire bitcoin community and users to promulgate bitcoin news to everyone we know and they should realize how profitable it is.
yes i am also too much confident about the future of bitcoin, hope that in future bitcoin is going to be more popular as people are still accepting bitcoin and investing their money in the world of bitcoin, and hope that very soon governments are also going to accept bitcoin.
MMA
legendary
Activity: 1134
Merit: 1000
Well it might be possible that the future of bitcoin is good, but it will not replace fiat in my opinion[/b]. It might be the most used digital currency in the future, replacing fiat in terms of online transactions, but it's value will still base on fiat. Even if it were to be famous and all, it will just be a medium in online transactions and a payment method like credit card, not as a true currency that will always be used even in offline transactions.

But which fiat exactly is its value based on?

There are literally hundreds of fiat monies in the world. I don't quite understand either why Bitcoin should strive to replace any of them. It is a currency in its own right which could be used where fiat is not very usable or involves a lot of butthurt (and no, I don't mean criminal activity and dark markets). In fact, even if it is not going to substitute any fiat currency at all, its circulation could eventually surpass many of these currencies. But in that case how its value could be based on fiat?

I totally agree with you. The problem with fiat currencies are plentiful. For example, government regulation and total control over the monetary supply as well as dangerously inflating the monetary base as a result. They are only restricted for use in one particular country. You have to pay a hefty fee usually to exchange it into a foreign currency, something many don't want to do in my opinion.

Bitcoin is instant, no need to wait for a few banking days for your international money transfer to clear. Also a bitcoin is a bitcoin. Country's borders won't stop it from circulating.
Yes, you are right, Bitcoin a very handy tool. And it is not subject to the laws and boundaries. He is above it all. And I believe that this is not its full potential. People will still find the benefits of this currency
although the number of bitcoin users is increasing from time to time but still i will say that majority of the people do not know about bitcoin, therefore they are not getting benefit from it, hope bitcoin will continue supporting people financially and will also provide good currency service alsol
hero member
Activity: 1036
Merit: 514
Everyone knows that bitcoin is not a stable currency here is a graph :


Do you think bitcoin have possibilities to be more stable in the future ?
What do you think about the future of BTC?

I think that bitcoin will become the world reserve currency , you can save your money and it's a way super secure than everything we can imagine.
The bitcoin now are are being widely accepted and not controlled by government

I agree that bitcoin has bright future as potential major payment method due to everything on money transaction will going towards digital currency and the trend of it has begun since last few years. It can happen in the next 10-20 years later for sure because it's a long time for all entire bitcoin community and users to promulgate bitcoin news to everyone we know and they should realize how profitable it is.
full member
Activity: 188
Merit: 100
Well it might be possible that the future of bitcoin is good, but it will not replace fiat in my opinion[/b]. It might be the most used digital currency in the future, replacing fiat in terms of online transactions, but it's value will still base on fiat. Even if it were to be famous and all, it will just be a medium in online transactions and a payment method like credit card, not as a true currency that will always be used even in offline transactions.

But which fiat exactly is its value based on?

There are literally hundreds of fiat monies in the world. I don't quite understand either why Bitcoin should strive to replace any of them. It is a currency in its own right which could be used where fiat is not very usable or involves a lot of butthurt (and no, I don't mean criminal activity and dark markets). In fact, even if it is not going to substitute any fiat currency at all, its circulation could eventually surpass many of these currencies. But in that case how its value could be based on fiat?

I totally agree with you. The problem with fiat currencies are plentiful. For example, government regulation and total control over the monetary supply as well as dangerously inflating the monetary base as a result. They are only restricted for use in one particular country. You have to pay a hefty fee usually to exchange it into a foreign currency, something many don't want to do in my opinion.

Bitcoin is instant, no need to wait for a few banking days for your international money transfer to clear. Also a bitcoin is a bitcoin. Country's borders won't stop it from circulating.
Yes, you are right, Bitcoin a very handy tool. And it is not subject to the laws and boundaries. He is above it all. And I believe that this is not its full potential. People will still find the benefits of this currency
hero member
Activity: 644
Merit: 501
Well it might be possible that the future of bitcoin is good, but it will not replace fiat in my opinion[/b]. It might be the most used digital currency in the future, replacing fiat in terms of online transactions, but it's value will still base on fiat. Even if it were to be famous and all, it will just be a medium in online transactions and a payment method like credit card, not as a true currency that will always be used even in offline transactions.

But which fiat exactly is its value based on?

There are literally hundreds of fiat monies in the world. I don't quite understand either why Bitcoin should strive to replace any of them. It is a currency in its own right which could be used where fiat is not very usable or involves a lot of butthurt (and no, I don't mean criminal activity and dark markets). In fact, even if it is not going to substitute any fiat currency at all, its circulation could eventually surpass many of these currencies. But in that case how its value could be based on fiat?

I totally agree with you. The problem with fiat currencies are plentiful. For example, government regulation and total control over the monetary supply as well as dangerously inflating the monetary base as a result. They are only restricted for use in one particular country. You have to pay a hefty fee usually to exchange it into a foreign currency, something many don't want to do in my opinion.

Bitcoin is instant, no need to wait for a few banking days for your international money transfer to clear. Also a bitcoin is a bitcoin. Country's borders won't stop it from circulating.
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
Well it might be possible that the future of bitcoin is good, but it will not replace fiat in my opinion[/b]. It might be the most used digital currency in the future, replacing fiat in terms of online transactions, but it's value will still base on fiat. Even if it were to be famous and all, it will just be a medium in online transactions and a payment method like credit card, not as a true currency that will always be used even in offline transactions.

But which fiat exactly is its value based on?

There are literally hundreds of fiat monies in the world. I don't quite understand either why Bitcoin should strive to replace any of them. It is a currency in its own right which could be used where fiat is not very usable or involves a lot of butthurt (and no, I don't mean criminal activity and dark markets). In fact, even if it is not going to substitute any fiat currency at all, its circulation could eventually surpass many of these currencies. But in that case how its value could be based on fiat?
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
Well it might be possible that the future of bitcoin is good, but it will not replace fiat in my opinion. It might be the most used digital currency in the future, replacing fiat in terms of online transactions, but it's value will still base on fiat. Even if it were to be famous and all, it will just be a medium in online transactions and a payment method like credit card, not as a true currency that will always be used even in offline transactions.
I definitely agree with that, the demand of fiat will still continue as most of the users of bitcoin are not really using it as currency but as an investment. Fiat is in the circulation for many yeas and I believe it's easy to use fiat without the need of internet. Bitcoin might be very popular but I am 100% sure it will not happen like what people are thinking to replace fiat.
hero member
Activity: 560
Merit: 500
Well it might be possible that the future of bitcoin is good, but it will not replace fiat in my opinion. It might be the most used digital currency in the future, replacing fiat in terms of online transactions, but it's value will still base on fiat. Even if it were to be famous and all, it will just be a medium in online transactions and a payment method like credit card, not as a true currency that will always be used even in offline transactions.
hero member
Activity: 1008
Merit: 540
ithink bitcoin will be used our primary digital currency in future as we can see on other movies that having a digital currency it would be great if bitcoin will be the digital currency. And it would be great if fiat system will be disappear so we can preserved our trees because paper money came from trees and theres a lot of trees that being cut because of paper.
hero member
Activity: 854
Merit: 500
i think bitcoin will be digital currency in future and also it could be use for our everyday life and many companies will adopt bitcoin as a part of their company thats why im thinking bitcoin has a lot of features and advantages that could change the flow of the economy in the world with out any having a problem and being anonymous when it comes on sending and receiving money.
newbie
Activity: 39
Merit: 0
We all know that the price or value of bitcoin is not stable. So, is it possible that bitcoin has future? Well, of course it has, even now it has already the future, the future that it would become more progressive or more developing in terms of transactions. It already helps us earning even in a small way and also bitcoin is the future money.
Price instability is something normal for any digital asset in its early stages. The fact that Bitcoin does not have a stable price at the moment only demonstrates that there is free market, the price is simply a result of supply and demand, and not a result of centralized institutions controlling the currency.
Certainly there will be much more stability in the future, but first it's necessary that Bitcoin expand its ecosystem to a greater number of users. It's a matter of time, and patient people will surely be rewarded.
newbie
Activity: 42
Merit: 0
Well i guess it would be more progressive in the future. But we can't predict if what would be the future of bitcoin. We all know, that bitcoin has turned out to be perhaps the hottest investment commodity of all time. And basically, nobody knows the future of bitcoins. It seems the future money in the next generation, thats why it is important to understand the underlying factors that could cause bitcoin to increase in value everyday.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
As the entire system is completely decentralized, everything looks uncertain and unpredictable. With trust and the learning about the backing technology can have a assurance that it has a good future as will continue to have a much better growing future.
I agree and bitcoin will become best choice for anticipation of chrash economic on every countries in the world, and for right now there are many countries that give their trusting in bitcoins are like India, Russia, Japan and other countries. They starts support, using bitcoins on their places.
it's a good start to massive adoption, I believe in the future we will become bigger and bigger and some of the countries who are not progressive will rely on bitcoin as their savings since they know the price will increase.
I think most countries are already trying to adopt bitcoin as an alternate way of currency which can process also through online.. and everyday a lot of people are getting more interested in getting bitcoin and that's why bitcoin community is getting bigger and that's good for all of us.
I think that is really such a good news, if bitcoin is accepted by the government, it will really promote bitcoin too much,  through this the confidence of the people will also increase, and will also help in turning bitcoin more stable and reliable crypto currency.

We can see that some countries can see bitcoins potential and plans to be accepted by their government. But there are some countries that will not allow bitcoin to enter their country and try to be used by their people because that can be a threat to them. So I guess, many will adopt but many will not adopt also.
They will give consideration in the future, when big countries adopt with bitcoins small countries will just follow. Therefore we should not lose hope as the success of bitcoin will also be our success. The future is great so don't hesitate to invest today.

The advantage is already in us and you are actually right with it, if bitcoin will become successful then blessings will also come to us as with that success. And let's just keep on supporting bitcoin for its adoption because we are all that uses it will help altogether to make the bitcoins success becomes possible.
sr. member
Activity: 420
Merit: 250
Yes, I also think that in the future the price of Bitcoin will grow. therefore, at the moment not yet invested in it later. Bitcoins have under active development and is very good. for several years he please their holders at any time without
of course bitcoin continues to grow and many people in the world began to hear bitcoin and none of them are starting to invest and use bitcoin, but I think the development of bitcoin is quite slow, so this will take a long time
legendary
Activity: 3430
Merit: 1280
English ⬄ Russian Translation Services
Everyone knows that bitcoin is not a stable currency here is a graph :


Do you think bitcoin have possibilities to be more stable in the future ?
What do you think about the future of BTC?

I think that bitcoin will become the world reserve currency , you can save your money and it's a way super secure than everything we can imagine.
The bitcoin now are are being widely accepted and not controlled by government

The hoarder is one of many factors that make bitcoin price move so quickly. Although the price is fluctuate but its keep going up. People in some country is buy a lot of bitcoin to avoid the tax, also a lot of people in china bought bitcoin becouse they don't want the government control their money like was happen in yunani a few time ago. I guess by that reason bitcoin future will be fine.

I remember the day when the Chinese government devalued their currency for the first time (I had been trading the CNY-BTC pair at Bter back then). A few days later Bitcoin price started to grow. At first not very convincingly but then stronger and stronger. After they devalued the Yuan for the second time, Bitcoin had already gained serious momentum, and it became abundantly clear that this is not a rebound, not a dead cat bounce of sorts, or something to that tune...

Right now we see that Indian authorities are meddling with their national currency to basically the same effect
sr. member
Activity: 672
Merit: 250
Yes, I also think that in the future the price of Bitcoin will grow. therefore, at the moment not yet invested in it later. Bitcoins have under active development and is very good. for several years he please their holders at any time without

Though we all wish that to happen as we all want to have more and more valued bitcoins in coming time but it is unpredictable at the end. We can just say what we see in it and according to its potential but we also know that anything can happen in coming time.
sr. member
Activity: 294
Merit: 250
Everyone knows that bitcoin is not a stable currency here is a graph :


Do you think bitcoin have possibilities to be more stable in the future ?
What do you think about the future of BTC?

I think that bitcoin will become the world reserve currency , you can save your money and it's a way super secure than everything we can imagine.
The bitcoin now are are being widely accepted and not controlled by government


i think the future of bitcoin is very bright.Bitcoin is spreading too fast and in future bitcoin will be more stable because many people are investing on bitcoin and bitcoin don't  disappointing investor.Also bitcoins price is increasing day by day which making its more stable.I think bitcoin will became more popular soon and people all over the world will understand it and welcome it cordially.
full member
Activity: 187
Merit: 100
Yes, I also think that in the future the price of Bitcoin will grow. therefore, at the moment not yet invested in it later. Bitcoins have under active development and is very good. for several years he please their holders at any time without
hero member
Activity: 672
Merit: 500
Everyone knows that bitcoin is not a stable currency here is a graph :


Do you think bitcoin have possibilities to be more stable in the future ?
What do you think about the future of BTC?

I think that bitcoin will become the world reserve currency , you can save your money and it's a way super secure than everything we can imagine.
The bitcoin now are are being widely accepted and not controlled by government

The hoarder is one of many factors that make bitcoin price move so quickly. Although the price is fluctuate but its keep going up. People in some country is buy a lot of bitcoin to avoid the tax, also a lot of people in china bought bitcoin becouse they don't want the government control their money like was happen in yunani a few time ago. I guess by that reason bitcoin future will be fine.
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