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Topic: What does the future of bitcoin look like?? - page 27. (Read 2843 times)

newbie
Activity: 29
Merit: 0
Cryptocurrency is predicted to move about 25% of the national currency by 2030, and that value will continue to be cyclical. Crypto will cause the trade to change drastically.
full member
Activity: 476
Merit: 100
So Bitcoin's market dominance in the cryptocurrency world is currently at the lowest level ever with 36.1% of the total value.

In my opinion, it's because the interest in alternative coins is rising rapidly for one, but you also have to consider how much of the bitcoin world is criminal. Seriously, for the first 5-8 years, the digital currency was mainly used as a means for criminals to launder money and sell illegal goods on the dark market. Think of all the massive hacks in the early days also, and all those darknet markets that disappeared with huge amounts of bitcoin.

Literally millions and millions of the 16 million coins out there would be owned by criminals. And now with bitcoin becoming more centralized and less anonymous, they are swiftly exiting the market and looking for alternative dark coins.

I also personally avoid using bitcoin all-together because of the extremely slow transaction speeds and high cost's associated with it.

The bitcoin mining business is dust, so that interest will die quickly.

I just don't see a very bright future for the god of cryptocurrency and it will surely be surpassed by one of its rivals soon enough.

I'm torn between predicting it to be Dash, or Ethereum, and I recon it could be about 2 years before that happens.   

Would love to know peoples thoughts on the future of bitcoin.

Where will bitcoin be in

2 weeks?
2 months?
2 years?

Will it be surpassed by another coin? If so, which one and when?

i think bitcoin has a bright future but there are also altcoins that we should look at for our backups specially ethereum.  you can look at this article.
The cryptocurrency markets have finally broken out of a multi-month bear slump in brute force. BTC is up more than 50% from recent lows with altcoins trading significantly higher. With positive momentum in the cryptocurrency markets, teams from across the world are announcing major cryptocurrency projects, deadlines are being hit, and milestones are being reached. read for more details http://bitcoinist.com/3-altcoins-outperform-bitcoin-may-5-2018/
MMA
legendary
Activity: 1134
Merit: 1000
In my own opinion ,bitcoin will be more popular in this world and im sure it will change the payment system by using the blockchain of bitcoin,and many people will use it for they alternative banks thats only i know for the future of bitcoin.
I also think that bitcoin has a very bright future. There are so many factors which are making bitcoin as more valuable, and therefore most of the people are now taking interest in bitcoin. I think that the interest of the people in bitcoin will continue for a long time. Because bitcoin is the need of the day and in future its demand will increase more and more.
member
Activity: 224
Merit: 10
Maybe the future of bitcoin will look better because surely there are many countries that allow bitcoin in the country. And it's possible that bitcoin becomes a public payment place that many in use by people because the payment system is simple.
member
Activity: 299
Merit: 15
BTC price in the future will be more and more high, although it seems to have a very high price, but if five years later to compare prices now, then you will find that now the price is already very low,

member
Activity: 364
Merit: 10
I think the future of bitcoin has a bright view because bitcoin has very limited total supply and has a very high demand that makes the price of bitcoin from year to year can potentially become expensive and always experience price increases.
member
Activity: 476
Merit: 10
Student Coin
In my own opinion ,bitcoin will be more popular in this world and im sure it will change the payment system by using the blockchain of bitcoin,and many people will use it for they alternative banks thats only i know for the future of bitcoin.
newbie
Activity: 95
Merit: 0
I as a beginner do not know how the future of bitcoin is because I know just enjoy the bitcoin at the moment and work steadily with bitcoin.
member
Activity: 574
Merit: 10
I will not worry about the future of bitcoin, I am tired of believing that the future of bitcoin will be better than last year, because bitcoin is also a good investment that we do and also very popular.
newbie
Activity: 147
Merit: 0
In reality no one knows when will the bitcoin ends, but as of now bitcoin is still popular as a new form of currency in a millennium generation. Also, we are in the new age where almost all the things we have are digital so bitcoin will last long. Another thing, if you analyze the price value thread, the market is starting to pump again. There are also some speculations that the price value of bitcoin will start to pump again until the end of this year 2018,and if this speculation will materialize then the price value will increase in 2 weeks, in 2 months, in near 2 years and even last until there will be more improvements and changes that will happen to bitcoin.
newbie
Activity: 42
Merit: 0
according to me, the future of bitcoins is very bright....nowadays young people are interested to make investments in it which results huge prfits to the company
newbie
Activity: 70
Merit: 0
Beginners do not really need to know how the release is going. The main thing is to learn how to earn money and not lose income on interest for transfers.
sr. member
Activity: 490
Merit: 250
So Bitcoin's market dominance in the cryptocurrency world is currently at the lowest level ever with 36.1% of the total value.

In my opinion, it's because the interest in alternative coins is rising rapidly for one, but you also have to consider how much of the bitcoin world is criminal. Seriously, for the first 5-8 years, the digital currency was mainly used as a means for criminals to launder money and sell illegal goods on the dark market. Think of all the massive hacks in the early days also, and all those darknet markets that disappeared with huge amounts of bitcoin.

Literally millions and millions of the 16 million coins out there would be owned by criminals. And now with bitcoin becoming more centralized and less anonymous, they are swiftly exiting the market and looking for alternative dark coins.

I also personally avoid using bitcoin all-together because of the extremely slow transaction speeds and high cost's associated with it.

The bitcoin mining business is dust, so that interest will die quickly.

I just don't see a very bright future for the god of cryptocurrency and it will surely be surpassed by one of its rivals soon enough.

I'm torn between predicting it to be Dash, or Ethereum, and I recon it could be about 2 years before that happens.  

Would love to know peoples thoughts on the future of bitcoin.

Where will bitcoin be in

2 weeks?
2 months?
2 years?

Will it be surpassed by another coin? If so, which one and when?

No Doubt with your points, I believe the things which can kill bitcoin is its transaction fee which are increasing with time and price. If we talk about using it on false activities like Drug, or money laundering, Its not our business nor we can prevent to be happen since bitcoin is volatile and no one can control it. Its better to watch our self. What are we doing with bitcoins, just help your self with his advantage and let other people to use it in wrong activities or whatever they want.
newbie
Activity: 102
Merit: 0
From where I am standing the future looks quite bright as bitcoin is waxing stronger even in the face of strong oppositions like it is facing now, bitcoin will do so well and much better.
sr. member
Activity: 994
Merit: 256
the upcoming g20 meetings might shed some light on the future of bitcoin.
The g-20 summit has already given the positive indicators for the crypto currency after which the currency is being legalized in the different countries like Mexico and Philippines. Moreover, the ban on the ICOs in china is also being lifted and positive news are also coming from the South Korea. These described developments are in the different parts of the world but they show that the future of the bitcoin is safe and secure.
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
So Bitcoin's market dominance in the cryptocurrency world is currently at the lowest level ever with 36.1% of the total value.

In my opinion, it's because the interest in alternative coins is rising rapidly for one, but you also have to consider how much of the bitcoin world is criminal. Seriously, for the first 5-8 years, the digital currency was mainly used as a means for criminals to launder money and sell illegal goods on the dark market. Think of all the massive hacks in the early days also, and all those darknet markets that disappeared with huge amounts of bitcoin.

Literally millions and millions of the 16 million coins out there would be owned by criminals. And now with bitcoin becoming more centralized and less anonymous, they are swiftly exiting the market and looking for alternative dark coins.

I also personally avoid using bitcoin all-together because of the extremely slow transaction speeds and high cost's associated with it.

The bitcoin mining business is dust, so that interest will die quickly.

I just don't see a very bright future for the god of cryptocurrency and it will surely be surpassed by one of its rivals soon enough.

I'm torn between predicting it to be Dash, or Ethereum, and I recon it could be about 2 years before that happens.   

Would love to know peoples thoughts on the future of bitcoin.

Where will bitcoin be in

2 weeks?
2 months?
2 years?

Will it be surpassed by another coin? If so, which one and when?
You made a valid point. In my opinion i want to say that the major reasons bitcoin has been on the fall in price value are because two reasons.
1) Because of high cost of transaction fee. So new investors are discouraged to invest in bitcoin, instead they invest in Aitcoin like ETH,etc.
2) The christmas and new year holiday forced for bitcoin holders to sell their bitcoins for fiat. This is to enable them shop for the holidays. With this, the price would come up a little by the middle of January. My opinion though.

Yes, I agree with you. Bitcoin going down for the high-cost transaction fee. That's why the new investor is going to invest in other Altcoin like Ethereum etc. But Bitcoin drops the negative effects on other Altcoin. That why another Altcoin is also going down with Bitcoin. And some hacking affairs especially Japan hacking incident are responsible for Bitcoin price falling.
full member
Activity: 532
Merit: 100
Shocked Shocked some countries banding bitcoin , some encureging , some people say its a replacement of visual currency , some saying its just a scam ...... whats the real future of bitcoin Huh Huh Huh Huh Huh

Go through this article.
To me, I think in future flat money may be replaced by crypto currency. It may be Bitcoin or ethereum or litecoin or etc. The users of crypto currency are increasing day by day. I don't have the exact statistical data but this much sure that users increased to 10 times before. So undoubtedly the popularity is increasing.
newbie
Activity: 234
Merit: 0
You made some valid points but contrary to the general tone of your writeup,i generally believe bitcoin has a very bright future.The awareness is growing by the day.It may have started out as a joke and used by criminals,the central idea of bitcoins has not changed-that is creating a currency that is people-controlled and government as opposed to the government.Bitcoin may not be the most efficient crypto-currency but it is sure the most trusted and most widely accepted and will remain so because it has the first-movers advantage and people will always attach sentimental value to bitcoins.I see a very bright future for bitcoins
newbie
Activity: 21
Merit: 0
in my opinion, the future of bitcoin can not be predicted, I hope that bitcoin a lot of its enthusiasts, so continue to grow for the future.
member
Activity: 114
Merit: 10
Bitcoin: 1HrWs3tDzWr13zocV3qP9ENRLgiDuewtsu
the upcoming g20 meetings might shed some light on the future of bitcoin.
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