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Topic: What does the future of bitcoin look like?? - page 9. (Read 2841 times)

member
Activity: 112
Merit: 13
Bitcoin has been around for just about 10 years now, presented in 2008, the principal of Bitcoin being to remove intermediaries. There's far to go before Bitcoin turns into an all inclusive acknowledged type of cash, virtual or not, with a few countries outright banned the use of Bitcoin, however the quantity of nations are reducing, with the more extensive issue being lack of control on Bitcoin itself coupled with concerns over technology limitations.

Technological advancement over the short to medium-term will surely impact the estimation of the business sectors and, as a worldwide administrative scene creates, we would expect the utilization and request to build, driving the value, the kinds of profits that are not evident with money, still as of now looking after its 'Cash is King' status.
newbie
Activity: 3
Merit: 0
So interesting ...
bce
sr. member
Activity: 756
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?
all your statements are the negative side of bitcoin why not the positive side before we invest with bitcoin surely we are very understand and understand that the risks and negative effects of bitcoin, all back again to the purpose and initial intention of investors in investing, all possibilities could happen even bitcoin is replaced with another coin but for now bitcoin is still the best among the coins that keep popping up
newbie
Activity: 224
Merit: 0
The future of bitcoin is its recognition by many countries, reduction of problems with transactions and payments, people's use  to pay in stores.
newbie
Activity: 134
Merit: 0
I believe one of the reasons for the falling bitcoin is now probably due to the middle of the year. And another point is because transaction costs are higher and mining is not so easy, people are looking for alt coin options. This is the virtual currency that it has a bright future. The export is very valuable and its users are also in large numbers. bitcoin is the future of money. we hope bitcoin will achieve a better position in the future.
full member
Activity: 504
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?

2 months from now, we're probably seeing a lot of growth for bitcoins. Inagine 2 years, we'll probably see exponential growth with bitcoins. Right now, however, we're at a slump with bitcoins and I just hope that in due time, bitcoins will pump back up to $20,000.
hero member
Activity: 994
Merit: 504
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?

We don't actually know that for sure. But maybe Bitcoin will be gone and another unique coin will take over the place of it.
newbie
Activity: 21
Merit: 0
With Ripple CEO comparing Bitcoin to Napster, is BTC the coin breaking open the Crypto door into the mainstream to let other more progressive coins pass through into the mainstream?
newbie
Activity: 157
Merit: 0
The various responses or welcomes of most countries along with the system of government will determine how bitcoin will going forward. And perhaps from its role can also be replaced by altcoins like ETH because of its role is popular in many certain projects, but still., it's not sure because there are many things out there that haven't been known related to cryptocurrency.
newbie
Activity: 105
Merit: 0
Bitcoin has come to stay and also been the leader of all alt-coin in the crypto currency industry, which no one is challenging it position, even that, it always be a winner. Therefore, the future use of bitcoin is have a freedom of cashless movement.
newbie
Activity: 113
Merit: 0
I think bitcoin in the future will be more accepted by society. Because bitcoin has changed the lives of people who trust bitcoin and know what bitcoin is. Bitcoin in the future will be much better than now.
member
Activity: 364
Merit: 37
It looks like we will use bitcoin as a common currency throughout the world and there will be minimal use of centralized currencies.
Like what happened to post offices after the E-mail's discovery.!!
newbie
Activity: 73
Merit: 0
The future of bitcoin no one can tell. Because the end of this much bad news about bitcoin. But I hope that the future will be bitcoin much better than now.
newbie
Activity: 75
Merit: 0
I'm sure bitcoin will be better in the future. Bitcoin has been widely accepted by the world community. Bitcoin is now called the already popular enough bitcoin sast is ranked 6th in the eyes of money worldwide, and no wonder the future will be able to top the world currency.
full member
Activity: 277
Merit: 100
I assume that the bitcoin will be legalized as a currency all over the world in the nearest future. As for now, we should be holding this coin and wait for its higher value.
hero member
Activity: 840
Merit: 500
i do foresee a few aspect of the bitcoin will be improved.
- the transaction per second is able to achieve mastercard/visa standard and maybe even more.
- low cost fee
- accessible everywhere.
full member
Activity: 364
Merit: 100
crypto currencies world are having some really tough challenges but i don't think we should over think everything honestly all iam thinking is how to convince the governments and the communities  from that technology that help people to have a better and easy life i dont care who will replace who or even if criminals uses bitcoin or any other currency. i just hope in the near future that crypto currencies gets more adoption and more evolved
member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
I'm sure Bitcoin's future will be better than now. People around the world will use Bitcoin in their daily lives. The more Bitcoin enthusiasts show the higher the Bitcoin price. And I believe that the price of Bitcoin in the future will be amazing. I am sure that no coins can replace Bitcoin.
newbie
Activity: 95
Merit: 0
It is bright, very bright. Though Bitcoin is in its infant stage Bitcoin is used only a few percentage of the world community when people are more educated at least 50% of the community will be in position to use and the demand will increase to 10 fold than the current usage.

In the future maybe bitcoin is legal and used in payment for the countries. People will be more knowledgeable on how bitcoin works. The demand in bitcoin will increase. But we really cant predict whats in the future will just wait what lies in the next few years for bitcoin.
newbie
Activity: 154
Merit: 0
it could happen that bitcoin might be eaten by its adversary. The bitcoin strength has fallen by all dow to 38% in todays date. The digital currencies are heading towards new upset. Different coins are quicker in exchange and lower in charges an aggregate favorable position over the bitcoin and in this manner the utilization of them may very well increment a considerable measure. The coins are well idea ventures since long time, only the way bitcoin gotten its financial specialists in long haul these tasks will get it as well. In this way the strength of the bitcoin will go even down and it might vanish one day. This will leave our bitcoin relatively bare in brief timeframe. So you see with this result I'm certainly certain that numerous wrong things could happen.

In any case, I'm certain around a certain something, we can not anticipate it so quick. The new year has recently begun and there are numerous additionally thing yet to come and astonishment us.
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