Its great to make predictions, but lets take some facts that bitcoin needs to solve.
I see a flaw within the coin itself, I`m a huge advocate for bitcoin. But, it has a serious double spending issue and just wondering what happens after its all mined, will we wait for 2 weeks for a transaction?
1mb block size limit, now imagine loads of transactions we need a upgraded bitcoin core.
Topic: What do you guess about he future of bitcoin? - page 33. (Read 46282 times)
I believe the future of bitcoin is stability overall and increases every year; even possibly every quarter if adaptation is fast enough. I sort doubt it but I have a starting idea to work from.
Acceptance. Until and unless buyers keep pressing/asking merchant to accept the bitcoins,merchants will be oblivious to the demand. If you walk into a store and ask if they accept bitcoins and they answer NO,this is the expected answer. Repeat this scenario with 10 other buyers asking the same and the merchant will think differently. They just might start looking at Bitcoin acceptance. So the future of Bitcoin mainly depends on the level of acceptance from the society.
the bitcoin blockchain will primarily be used for settlement/accounting purposes and probably some cool new applications. i dont think it will be a widely used currency any time soon
If NASDAQ etc are investing in the blockchain for their businessess it means they see that it will be a success and widely used, basically because for the blockchain to function a healthy bitcoin is needed.
the problem is that they are more interest in the blockchain and not in bitcoin, one can hope that their interest would do something to bitcoin price too, but it's not guaranteed
Yea but blockchain also gives advertising for bitcoin. It's as if you would advertise fast-food in general, but with that ad Mc donads gets exposure too.
So bitcoin is like the rockstar of the blockchain, and people will be more confortable in using it, so the price can go up.
the bitcoin blockchain will primarily be used for settlement/accounting purposes and probably some cool new applications. i dont think it will be a widely used currency any time soon
If NASDAQ etc are investing in the blockchain for their businessess it means they see that it will be a success and widely used, basically because for the blockchain to function a healthy bitcoin is needed.
the problem is that they are more interest in the blockchain and not in bitcoin, one can hope that their interest would do something to bitcoin price too, but it's not guaranteed
everyone have a big hope for this currents rise up and stable, but imo, im not see it clear why btc would be survive more than 20 years again, cause i think by the time, someone or somehow found a new system with a balance and stable currents and maybe better than btc
the bitcoin blockchain will primarily be used for settlement/accounting purposes and probably some cool new applications. i dont think it will be a widely used currency any time soon
If NASDAQ etc are investing in the blockchain for their businessess it means they see that it will be a success and widely used, basically because for the blockchain to function a healthy bitcoin is needed.
I would rather say that the future of bitcoin is 50-50 really difficult to predict the future of bitcoin. But if gets into a mainstream and the adoption from the society goes high then the future of bitcoin is safe but for that as many as people should start knowing and using bitcoins.
Its 100%, just wait it out, people may be stupid, but in front of undeniable evidence they will have no choice.
The next crisis will be as of 1929, perhaps worse, and people will be hungry for a real change like bitcoin.
I would rather say that the future of bitcoin is 50-50 really difficult to predict the future of bitcoin. But if gets into a mainstream and the adoption from the society goes high then the future of bitcoin is safe but for that as many as people should start knowing and using bitcoins.
Its a new currency not supported by a government its going to be unstable.
So currencies supported by government are stable? Like russian ruble, zimbabwian dollar, argentinian peso?
Of course they are not, but you have to compare them to the big empire, the dollar, and the euro.
That is the question. Will those currencies survive at an stable rate? I thin the dollar will still live decades until will see a collapse, not so sure about the euro tho.
It has been used in many business fields. When more and more people get used to it, it will be servive. Habits are hard to remove.
The problem is big companies are using bitcoins but we need that even the retailers, merchants, shopkeepers should start adopting and accepting the bitcoins then only the purpose will serve as people will start knowing it adopting it then the future of bitcoin will be safe.
Its a new currency not supported by a government its going to be unstable.
So currencies supported by government are stable? Like russian ruble, zimbabwian dollar, argentinian peso?
It has been used in many business fields. When more and more people get used to it, it will be servive. Habits are hard to remove.
Its a new currency not supported by a government its going to be unstable.
stability has nothing to do with the support from government, it is unstable because many coins are in hands of few still, when the distrubution will be wider, the stabilization process will become more prominent
The future of bitcoin is unpredictable at a moment and cannot judge whether it will survive in the future or not as technology advances it will face competition from many new entrants in future so lets not think about it right now and just get carried away with bitcoin believing that its safe.
Its a new currency not supported by a government its going to be unstable.
the bitcoin blockchain will primarily be used for settlement/accounting purposes and probably some cool new applications. i dont think it will be a widely used currency any time soon
The future of bitcoin is but obvious positive. There is a misconception in the minds of people that bitcoin is dead but it's not true. It can never be. Let the society start adopting the bitcoin and it would prove as a threat to fiat money and the banking system thats for the sure.
Absolute rubbish. Only trolls and neysayers think bitcoin is currently dead but many things could kill off bitcoin in the future as it isn't invincible. If bitcoin's value falls below what it's worth to mine then miners will give up pretty fast but there's a whole host of other ways people could lose interest or ditch bitcoin completely from lack of adoption to strict rules and regulations being brought in or even outright bans. Something superior to bitcoin could come along as well.
Nope, if miners leave, it will mean the difficulty drops, which means there will be people out there being able to make great profits from it. It's a self regulating system. Satoshi is a legitimate genius.
The future of bitcoin is very safe and secure i dont see any threat to bitcoin as a global currrency in the future ..so all the wise men who are looking for safe n secure future should start investing in the bitcoins as its gonna be the future currency and the most profitable one.
The future of bitcoin is safe and secure no need to worry about that as still many countries are not used to bitcoins as a currency but as once they start accepting it as a currency the value of bitcoin would climb up and as demand will go high the supply will also be at peak.
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