what do you think will be the future of this market? - page 14.

Sled

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Quote from: bitgolden on November 28, 2017, 05:17:06 AM

Quote from: bitllionaire on November 23, 2017, 06:59:32 PM

Quote from: dmamigo on November 23, 2017, 01:40:33 PM

Quote from: BartS on November 23, 2017, 12:59:27 PM

Quote from: JL421 on September 09, 2017, 03:45:55 PM

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people

They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.

i think it will be depending on the pressure that will put by the people on their government. I am sure that in future when the users of bitcoin will increase then they will surely turn bitcoin as legal currency.

Bitcoin is already legal currency in many developed currencies and those governments that are really sincere with their public and concerned with the prosperity of their public have already made bitcoin legal in their countries.

Only those government that do not want to lose their control over public are afraid of making bitcoin legal but soon the increase in community of bitcoin will premise government for the legalization of bitcoin.

To be honest, there is still few countries that made bitcoin as a legalized currency because most of the countries in our world are just doubting about the potential of bitcoin because they are scared because of the possibility that the illegal transactions will just grow even into a bigger amount of transaction because of the anonymity of bitcoin.

bitgolden

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Quote from: bitllionaire on November 23, 2017, 06:59:32 PM

Quote from: dmamigo on November 23, 2017, 01:40:33 PM

Quote from: BartS on November 23, 2017, 12:59:27 PM

Quote from: JL421 on September 09, 2017, 03:45:55 PM

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people

They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.

i think it will be depending on the pressure that will put by the people on their government. I am sure that in future when the users of bitcoin will increase then they will surely turn bitcoin as legal currency.

Bitcoin is already legal currency in many developed currencies and those governments that are really sincere with their public and concerned with the prosperity of their public have already made bitcoin legal in their countries.

Only those government that do not want to lose their control over public are afraid of making bitcoin legal but soon the increase in community of bitcoin will premise government for the legalization of bitcoin.

Ararbermas

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Quote from: AleSergio on September 08, 2017, 10:24:17 AM

The future for cryptocurrency is bright, the goverments will start to recognize it someday, it is just a matter of time

i think goverment already recognize bitcoin. Maybe they didn't displayed it on public because it has a dark side involve on it which is there's a alot of people using bitcoin to buy illegal stuff online and also this digital currency is anonymous can hide the Identity of person who made the transac. So its imposible that bitcoin will be legal in the future. Maybe it will be recognize because of its expensive value. But not to displayed public.

traderethereum

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Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

the market will be more attractive since every day we have seen many new coins is launch in every market and many people want to buy the coins. the government will need to learn about digital currency so they can know what the different and if they want to make regulations for digital currency, they will make some rules or one border line between online and offline world. of course the government will make approaching to digital currency user before they apply the regulations so there will be no panic from people.

Dudeperfect

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I do see regulated framework coming in when it comes to the crypto trading, especially if it is involving the crypto/fiat trades. Governments will make it mandatory for the domestic exchanges to collect and share the KYC/transactions database of traders in order to determine the tax liability of the users. The legal framework is on the way but it will take about a year or 2 in most of the countries to at least get an exact idea of it. Crypto market will not go anywhere but it will transform in a structured manner.

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Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

Well by this market you must mean bitcoin, I think that realistically it will always struggle to be accepted as a currency but in time will become a more and more common accepted means of payment. To be accepted as a currency it will need a lot of criteria to be met which are not currently.

musharaf

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The future of this market is good and profitable among the users of this market the digital currency is now accepting everywhere and widely used for many payments it is good to have an amount of digital currency because through this you can make online payments conveniently. For this the educated people have good amount of this currency and this is accessible everywhere.

Soots

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Quote from: patrickj on September 08, 2017, 09:44:50 AM

Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

I think the future market of bitcoin will skyrocket to the moon. When time comes, bitcoin community will become popular and many investors will support this kind of business because they will realize the great potential of bitcoin when it comes to fast transaction and security of their money. Someday government will recognize this currency and they will be convince to know much more about bitcoin. Hopefully this will not affects bitcoiner income when it comes to taxes lol 😅🤑

The future of bitcoin will be dominating through many years since it value is still increasing. Having a massive investors around the cyberworld will be much more satisfying the performance of the market having there bitcoin gaining a good profit as time passes by.
Some countries have already implemented the bitcoin transaction and I believed someday it will be implemented through many countries by the support of there government which will also help the progress of the country and the economy as well.

loragean03

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Quote from: Inkdatar on November 23, 2017, 10:04:27 PM

Quote from: DannaWonder on November 23, 2017, 09:36:37 PM

Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

I think government will start recognizing bitcoin once more and more businesses accepts it. If bitcoin is going to be the way it should be then government will see the real help that it can do to nation's economy.

Actually the government already recognizing bitcoin because of its popularity brings to the community. The more concern is the adoptation and legalizing bitcoin by the government because it really takes time and more things to consider before it happen. But I know it will happen in the future that market will really legalizing.

yeah, legalizing bitcoin is take too much time from the government to be totally accepted this bitcoin and to implement this bitcoin in their whole country. and im hoping too that this bitcoin will totally adopted and legalized in some other country, mostly for that country that not yet accepting/banned this bitcoin. because bitcoin is the future currency to be use of the next generation people.

nidacoinlove

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Quote from: Kingofbitcoin12345 on September 08, 2017, 11:10:58 AM

If more citizens on that particular country will used bitcoin and invest on it without doing illegal and criminal acts.. the government will soon recognized it and even support it to be legalized.. The will of the people is what the public officials is always prioritized.. Or if you have high ranking official that you personally knows it is not a bad thing to talked and explained the disadvantages and advantages of bitcoin and what it can help for the country..

How will any government get the proof that yes all the people using the cryptocurrency are not involved in illegal activities? Public officials always work for the future and the interest of nation and country. If it was so, that government officials to be working for the will of the people then USA would have recognize it yet as a currency.
No government officials can help anyone in such kind of things, if it was this much easy then it would have been legalised till now. For legalised structure the disadvantages of crypto are more than advantages.

AmXProX

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I think bitcoin has a bright future, imagine the huge rate that it had this year considering that we only have a small percentage of the world's population that is embracing bitcoin what more can happen if we double that number in the next years.

Agostosmori

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The future of bitcoin relies on the demand that it will have in the future, when more and more people will use then bitcoin's price will go high every time. Once more and more government accepts bitcoin then we should expect a brighter future for bitcoin.

Inkdatar

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Quote from: DannaWonder on November 23, 2017, 09:36:37 PM

Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

I think government will start recognizing bitcoin once more and more businesses accepts it. If bitcoin is going to be the way it should be then government will see the real help that it can do to nation's economy.

Actually the government already recognizing bitcoin because of its popularity brings to the community. The more concern is the adoptation and legalizing bitcoin by the government because it really takes time and more things to consider before it happen. But I know it will happen in the future that market will really legalizing.

DannaWonder

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Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

I think government will start recognizing bitcoin once more and more businesses accepts it. If bitcoin is going to be the way it should be then government will see the real help that it can do to nation's economy.

bitllionaire

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Quote from: dmamigo on November 23, 2017, 01:40:33 PM

Quote from: BartS on November 23, 2017, 12:59:27 PM

Quote from: JL421 on September 09, 2017, 03:45:55 PM

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people

They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.

i think it will be depending on the pressure that will put by the people on their government. I am sure that in future when the users of bitcoin will increase then they will surely turn bitcoin as legal currency.

furry04

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the uncertainity of the market is what keeps it from legalization. But as soon as people will be more attracted to this market it s future will have two options : to be the highest gainer or to open up a new crisis. There is no middle

dmamigo

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Activity: 1232

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Quote from: BartS on November 23, 2017, 12:59:27 PM

Quote from: JL421 on September 09, 2017, 03:45:55 PM

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people

They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

The future is good, but regulations are going to be established by the government. Recently rumors are there that there will be country specific coins to be introduced. So mostly it will be accepted for sure, but we will see restrictions and rules implemented upon it, be it country specific rules.

BartS

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Quote from: JL421 on September 09, 2017, 03:45:55 PM

The government will accept this market in future they won't have any option the value for bitcoin will increase by so much and private business will also start preferring bitcoin and after sometime the government will have to accept bitcoin in the economy with all the oressure from people

They are going to accept it but the issue is how are they going to accept it, are they simply going to say OK and let bitcoin do its thing because that is very unlikely, what they are going to try to do is to try to regulate it but I think that at the end even that is going to fail since people are going to try to get around that regulation and bitcoin is perfect for that since no one can take your bitcoin from you without your consent.

jekjekman

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Activity: 378

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Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

Future of this currency is either make or break. Bitcoin may be accepted worldwide as a currency that will
eventually replace the current fiat system or it will eventually be banned by most of the nations and make
it extinct. Having the coin accepted worldwide is a long way as a matter of fact several countries has already
banned the use of crypto currency in their country and what do you expect them to do. Bitcoin is a
decentralize currency that contradicts what government wants to implement in their own nations.

BartS

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Quote from: jonathan6655321 on September 08, 2017, 07:51:49 AM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

Bitcoin can work without government recognition as we have seen since the beginning of the life of bitcoin, however I do not think we should expect that governments recognize bitcoin as a currency, they are going to recognize it as an asset but getting governments to acknowledge bitcoin as a currency is going to be a tougher battle since they want to avoid to do that at all costs.

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