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Topic: What do you think about the future of bitcoin? (Read 2267 times)

hero member
Activity: 980
Merit: 509
October 14, 2017, 05:03:22 AM
#88
I think future of bitcoin will great, example for this month bitcoin reach 6.000 $, is really amazing.
So in future many people in many country will know about bitcoin and many people use bitcoin.
As we see some country they do transactions in market use bitcoin for payment.
full member
Activity: 476
Merit: 100
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

Like of what happened. I expected that bitcoin will defeat china and bitcoin will falls back into place then it will increase the price before. Let us not over react and not give any comment in any situation if we really do not know what will happen next. Let us just see what will happen. Let us just beleive in the power of bitcoin. We cannot predict on what is really going to happen in the future. But bitcoin already proves us different things from its ups and downs then ups again, still and undefeated leaduing digital currency in the market, etc. Whatever the future become it has a reason but me I am seeing lots of good things about bitcoin I hope you too.
Totally agree with as bitcoin fight with china so I think there will be no more question abut bitcoin future because the way bitcoin fight with china I must appreciate bitcoin and after that incident bitcoin become more popular and stronger than ever and some more develop countries have already accepted bitcoin which is a good thing for bitcoin so the future of bitcoin is bright.
copper member
Activity: 658
Merit: 284
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

The future of bitcoin is looking brighter as more people are yet to join the bitcoin and crytocurrency ecosystem.
Bitcoin is now more popular than ever and will continue to do so because people are learning about bitcoin and investing their money too.
full member
Activity: 756
Merit: 102
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

i still see a bright future for bitcoins because  these days more and more people are now using bitcoin all over the world and also i dont think it will be  or not all countries are banning bitcoins there are still some countries (including ours) are now adapting bitcoin to be used as their secondary payment system to be used soon on malls, hotels, restaurants , atms, etc. although they might put a tax on it becuase government and banks will control it to be able to use it offline.
hero member
Activity: 1092
Merit: 501
Bitcoin's future is just way too unpredictable but I do know for sure that it will be good. If you look at it's historical price you will immediately notice something and that its pirce is always increasing. There will always be obstacles, forks, FUDs and accusations that will try to bring it down but only to no avail. With bitcoin's stand right now even without China's ICOs, future is much secured since it can strive even without the help of one of its major player. Cool
The issue with the future of bitcoin is that there is not a middle ground, bitcoin either success or fails, for many other inventions things are not like that , they can be more or less successful but do not need that most people in the world to use it, but in the case of bitcoin adoption is key, since it is a currency and if most people do not accept it then its usefulness is going to go down and the interest on it could dwindle.
hero member
Activity: 2282
Merit: 795
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

I answerd in a "good way" but there are always external factors that influence the future of bitcoin. I based my answer from the price history due to the constant increase of its price from these past two months, but no one really knows what the future of bitcoin may bring. There are too many considerations needed to consider when asking the question about its future, especially bitcoin's value is very sensitive and volatile and may change due to little movement from the external factors.

No one really knows when another country will make the same move as China (banning of ICOs), but as far as I know, Japan has agreed to increase its capabilities and accept it as a payment. I see good movement and liquidity currently, but always consider that it will inevitably fall in the far future.
sr. member
Activity: 443
Merit: 250
I hope someday bitcoin users are not banned, I think bitcoin is a very good thing for the future of world transactions because it is safer, cheaper and simpler when compared to the bank system.
Although all countries banned bitcoin but as long as users and community loyal use bitcoin then everything will not have any impact. can be said now big country like china, india and russia banned bitcoin, but not too impact because user still loyal.
India and Russia do not have rule as banned Bitcoin, you are mistaken. And the Chinese government also do not did that, they only banned the ICO market and the cryptocurrency exchange to avoid the speculation in China.
full member
Activity: 519
Merit: 101
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

Like of what happened. I expected that bitcoin will defeat china and bitcoin will falls back into place then it will increase the price before. Let us not over react and not give any comment in any situation if we really do not know what will happen next. Let us just see what will happen. Let us just beleive in the power of bitcoin. We cannot predict on what is really going to happen in the future. But bitcoin already proves us different things from its ups and downs then ups again, still and undefeated leaduing digital currency in the market, etc. Whatever the future become it has a reason but me I am seeing lots of good things about bitcoin I hope you too.
full member
Activity: 262
Merit: 100
I think that China's ban will not affect the development of bitcoin and soon China will understand that to improve the lives of its citizens it is necessary to take bitcoin and provide them with the opportunity to provide themselves.
hero member
Activity: 1092
Merit: 501
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?
If China wants to get out of this revolution instead of being the leader as it currently is then they can do it, bitcoin does not force anyone to use it, but if they do that, they are going to lose the opportunity they have been waiting of debunking the US dollar from being the top currency of the world, it seems the Chinese government has decided to keep their power on their country over having a larger base of power on the whole world.

The future will be much brighter than this as long as China, Japan or USA don't ban bitcoin permanently. The community keeps growing and this is amazing to see the progress of bitcoin eventually.

But I'm pretty sure that China will change it's mind and give itself again to bitcoin community.
Like Russia before that they didn't believe that there's a future in bitcoin and later on it surprise the world and started to build their own mining company.
But if China won't turn back again then it's fine. Slowly we crawl to the top again without these Chinese manipulator.
The problem is that things change very rapid in the world of crypto, Japan, Russia and even North Korea are developing their own mining equipment, very soon the dominion they have over bitcoin is going to get a lot smaller, they take decisions as if their power over bitcoin is going to be there forever and that is simply not true, if they keep doing things like these the only ones that are going to lose are themselves.
hero member
Activity: 1008
Merit: 510
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?
The future of bitcoin remains in its glory, it's okay for the Chinese government to ban bitcoin transactions from happening in his country, but this attitude is not necessarily the same as his people's attitude, I feel sure there are Chinese people playing here with bitcoin mining.

Currently the eyes of chinese officials are being closed to the royal throne as the rulers of the market, one day their eyes will be wide-eyed as bitcoin transactions flourish in his country, after which they will probably lift their ban.

I just watched a video of a prediction about the future of Bitcoin and some of the other big cryptocurrencies. This guy seemed to know what he was talking about and was believable. He was saying that the major cryptocurrencies will become in the future what the big tech companies are today like Microsoft, Apple, and Google. Basically the market caps of the good cryptocurrencies will get to that level which is the hundreds of billions of dollars. Currently Bitcoin is around 55 billion but most are under 10 billion. So if he is correct, many of the major coins will have massive increases over time. I don't think he gave a time table but I would guess maybe 10 years down the road.
sr. member
Activity: 924
Merit: 260
Chinese regulations authority did no forbidden bitcoin reither they trying to block the way of scammers and fraudulent individuals not to used the loop hole create by unregulated blockchain systems to scams its citizens. I will also said here that bitcoin has a bright future and of a truth bitcoin is the future of money. You want to be among the rich people in future then invest in bitcoin and altcoins now.
sr. member
Activity: 630
Merit: 251
I hope someday bitcoin users are not banned, I think bitcoin is a very good thing for the future of world transactions because it is safer, cheaper and simpler when compared to the bank system.
Although all countries banned bitcoin but as long as users and community loyal use bitcoin then everything will not have any impact. can be said now big country like china, india and russia banned bitcoin, but not too impact because user still loyal.
hero member
Activity: 2870
Merit: 594
I hope someday bitcoin users are not banned, I think bitcoin is a very good thing for the future of world transactions because it is safer, cheaper and simpler when compared to the bank system.

Of course it will not be ban. Bitcoin is unstoppable now and you will noticed it because a lot of country are now thinking on how to deal with it. There might be a few nation who would be anti-bitcoin. But I believe most of them will be bitcoin friendly because it will have given their community a chance to earn a decent money out of it by trading and investing. So no doubt that the future is bitcoin will be brighter than ever.
sr. member
Activity: 504
Merit: 252
I hope someday bitcoin users are not banned, I think bitcoin is a very good thing for the future of world transactions because it is safer, cheaper and simpler when compared to the bank system.
sr. member
Activity: 630
Merit: 263
Everyone is talking about the fact that China prohibits the use of bitcoins but I haven't seen concrete evidence of this. I think these rumors start whales in order to reduce the price of bitcoins and buy them during the panic cheaper. Now We see stabilization of prices and I expect a sharp rise in prices since the middle of this month.
full member
Activity: 412
Merit: 152
Perceiving events in the future and beyond
Bitcoin's future is just way too unpredictable but I do know for sure that it will be good. If you look at it's historical price you will immediately notice something and that its pirce is always increasing. There will always be obstacles, forks, FUDs and accusations that will try to bring it down but only to no avail. With bitcoin's stand right now even without China's ICOs, future is much secured since it can strive even without the help of one of its major player. Cool
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
Wanna say Bright. Just  "BRIGHT".  Although some rumors said that btc will fall down but i don't think so. Owing to cChina banned bitcoin and After fall down 3000$ ,  bitcoin is start to growing up and now the price of bitcoin is around 4370$ and i think bitcoin will hit 5200$ or more at the end of this October without china. Now China maybe realise that Bitcoin don't care about anyone and Bitcoin have a bright future...
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
If at the price of bitcoin i guessing bitcoin price will still continue lead to the increase over time although often accompanied by some downward movement. And i seem to believe that bitcoin price can even be higher in the future or at certain times to come. Bitcoin is still in the process of development and i think bitcoin will continue to growing to be more superior in the future with the value and benefits that can be obtained from it.
member
Activity: 116
Merit: 100
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

I see a bright future in bitcoin, because more and more countries legalized bitcoin which means people in those country will join with bitcoin. I think bitcoin depends not only on China because bitcoin central state is not just China, and the future of bitcoin is not determined by one country.
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