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Topic: What is the Future of Bitcoin ? - page 17. (Read 76869 times)

hero member
Activity: 714
Merit: 500
August 24, 2016, 11:03:40 AM
Umm, I really don't know what the future holds for bitcoin, and highly doubt that it will topple all banks or replace FIAT currencies altogether. But I do think it's probable that it finds its niche or application where it may surpass our wildest dreams, still!
Yes maybe bitcoin cant replace that but we are hoping that there would be a good improvement like it will be widely accepted in many countries and can use to purchase items as regular currency. if that happens it will be a good future ahead of us.

Many online sites have started to accept bitcoin as a payment method and in future we will see many more sites getting into it and it will be much easier to spend at physical places too.
all the sites already support bitcoin payment the future will be more popular and more competition for sites the smaller the cost of good customers will be interested all banks will switch to bitcoin if that happens what you think?..changes starting from yourself not from others
Banks will not switch to bitcoin, I do not believe in banks as they are corrupt, they will always fight its interest and they know once they adopt with bitcoin they will not earn a good profit anymore like they used to earn. Bitcoin is transparent while banks are sometimes shady, monopoly is going on and those who are inside the industry knows that.

The Bank is a system regulating the financial life of every country and I am sure the BANK will prefer the currencies of countries that exist therein, for if the BANK does not do so, definitely will change the price of the rupiah and also Trading bitcoin no corruption, flower, fee, etc.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
August 24, 2016, 09:01:16 AM
Umm, I really don't know what the future holds for bitcoin, and highly doubt that it will topple all banks or replace FIAT currencies altogether. But I do think it's probable that it finds its niche or application where it may surpass our wildest dreams, still!
Yes maybe bitcoin cant replace that but we are hoping that there would be a good improvement like it will be widely accepted in many countries and can use to purchase items as regular currency. if that happens it will be a good future ahead of us.

Many online sites have started to accept bitcoin as a payment method and in future we will see many more sites getting into it and it will be much easier to spend at physical places too.
all the sites already support bitcoin payment the future will be more popular and more competition for sites the smaller the cost of good customers will be interested all banks will switch to bitcoin if that happens what you think?..changes starting from yourself not from others
Banks will not switch to bitcoin, I do not believe in banks as they are corrupt, they will always fight its interest and they know once they adopt with bitcoin they will not earn a good profit anymore like they used to earn. Bitcoin is transparent while banks are sometimes shady, monopoly is going on and those who are inside the industry knows that.
sr. member
Activity: 420
Merit: 250
August 24, 2016, 06:25:08 AM
Umm, I really don't know what the future holds for bitcoin, and highly doubt that it will topple all banks or replace FIAT currencies altogether. But I do think it's probable that it finds its niche or application where it may surpass our wildest dreams, still!
Yes maybe bitcoin cant replace that but we are hoping that there would be a good improvement like it will be widely accepted in many countries and can use to purchase items as regular currency. if that happens it will be a good future ahead of us.

Many online sites have started to accept bitcoin as a payment method and in future we will see many more sites getting into it and it will be much easier to spend at physical places too.
all the sites already support bitcoin payment the future will be more popular and more competition for sites the smaller the cost of good customers will be interested all banks will switch to bitcoin if that happens what you think?..changes starting from yourself not from others
hero member
Activity: 812
Merit: 1000
August 24, 2016, 06:17:45 AM
The reason why it's getting most popular in the future because more people are using it and would definitely make it one of the better alternatives to fiat in years to come.

Yeah that is right. As a good alternative it is. As bitcoin produces more projects with the help of knowledgeable people here in the community then most likely in the future it will be known at its best.

Yes bitcoin is gaining more popularity day by day and it will be known by many people in future, so I think the future of bitcoin is very bright and many new people will join the ride in future.
member
Activity: 84
Merit: 10
August 24, 2016, 06:14:13 AM
The reason why it's getting most popular in the future because more people are using it and would definitely make it one of the better alternatives to fiat in years to come.
It will probably take a few years, but it will happen eventually.
legendary
Activity: 2940
Merit: 1083
August 24, 2016, 06:13:13 AM
The reason why it's getting most popular in the future because more people are using it and would definitely make it one of the better alternatives to fiat in years to come.

Yeah that is right. As a good alternative it is. As bitcoin produces more projects with the help of knowledgeable people here in the community then most likely in the future it will be known at its best.
full member
Activity: 420
Merit: 100
August 24, 2016, 06:11:13 AM
The reason why it's getting most popular in the future because more people are using it and would definitely make it one of the better alternatives to fiat in years to come.
hero member
Activity: 952
Merit: 1000
August 24, 2016, 05:41:09 AM
Umm, I really don't know what the future holds for bitcoin, and highly doubt that it will topple all banks or replace FIAT currencies altogether. But I do think it's probable that it finds its niche or application where it may surpass our wildest dreams, still!
Yes maybe bitcoin cant replace that but we are hoping that there would be a good improvement like it will be widely accepted in many countries and can use to purchase items as regular currency. if that happens it will be a good future ahead of us.

Many online sites have started to accept bitcoin as a payment method and in future we will see many more sites getting into it and it will be much easier to spend at physical places too.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 24, 2016, 05:34:04 AM
I think a time will come when bitocin will overcome all the  wold currencies as well as the local currencies of the world and people will do trade in bitcoin only.

i am thinking the same as you bro and i really hope this will happen for real for future because the concept of bitcoin actually can be integrate with bank government. beside that many bitcoiner that really waiting for store online that can accepted bitcoin as payments so it will make bitcoiner to shop with their balance.
hero member
Activity: 3010
Merit: 629
August 24, 2016, 05:21:37 AM
Umm, I really don't know what the future holds for bitcoin, and highly doubt that it will topple all banks or replace FIAT currencies altogether. But I do think it's probable that it finds its niche or application where it may surpass our wildest dreams, still!
Yes maybe bitcoin cant replace that but we are hoping that there would be a good improvement like it will be widely accepted in many countries and can use to purchase items as regular currency. if that happens it will be a good future ahead of us.
sr. member
Activity: 334
Merit: 250
August 24, 2016, 04:31:38 AM
there will be an increase in bitcoin exchange rate and value..
newbie
Activity: 56
Merit: 0
August 24, 2016, 04:23:21 AM
Umm, I really don't know what the future holds for bitcoin, and highly doubt that it will topple all banks or replace FIAT currencies altogether. But I do think it's probable that it finds its niche or application where it may surpass our wildest dreams, still!
sr. member
Activity: 714
Merit: 250
August 24, 2016, 04:22:26 AM
Theoretically at least, this could create enough deflation per year that basically nobody would ever want to actually spend a bitcoin, which would lead to a crash/total failure of the bitcoin economy.

You are wrong about that, there are a lot of people waiting for the price to grow a bit more so that they can convert their bitcoins to be used so that is not that case that no one would spend a bitcoin and that can lead it to failure, there are always people investing and also on the other side there are people who are spending bitcoins that is the reason why it is the leading crypto currency till date.
Haha yeah right in my opinion represent bitcoin digital currency. Bitcoin now increasingly advanced that continues to grow. The future of bitcoin will be good if often progressing. I'm sure a lot of people using bitcoin and prices will increase.
full member
Activity: 201
Merit: 100
August 24, 2016, 03:36:45 AM
What is the future of bitcoin?
Actually, bitcoin is the future of digital currency  Cool
sr. member
Activity: 672
Merit: 250
August 24, 2016, 03:08:39 AM
Theoretically at least, this could create enough deflation per year that basically nobody would ever want to actually spend a bitcoin, which would lead to a crash/total failure of the bitcoin economy.

You are wrong about that, there are a lot of people waiting for the price to grow a bit more so that they can convert their bitcoins to be used so that is not that case that no one would spend a bitcoin and that can lead it to failure, there are always people investing and also on the other side there are people who are spending bitcoins that is the reason why it is the leading crypto currency till date.
member
Activity: 84
Merit: 10
August 24, 2016, 12:20:57 AM
Theoretically at least, this could create enough deflation per year that basically nobody would ever want to actually spend a bitcoin, which would lead to a crash/total failure of the bitcoin economy.
full member
Activity: 238
Merit: 250
August 23, 2016, 11:50:17 PM
My opinion is that bitcoin will grow and in future more people will use it. It will be also used in personal life , like in markets
I hope so. It may solve many economic problems, but I think it will take a few years to be adopted as a currency to be used daily.
member
Activity: 112
Merit: 10
August 11, 2016, 10:20:54 PM
My opinion is that bitcoin will grow and in future more people will use it. It will be also used in personal life , like in markets
sr. member
Activity: 672
Merit: 250
August 11, 2016, 11:11:40 AM
I think a time will come when bitocin will overcome all the  wold currencies as well as the local currencies of the world and people will do trade in bitcoin only.

That is not possible i guess, bitcoin may come into mainstream after getting adopted by some bigger resources in practical world but it will not be able to overcome all the currencies used in the world but it might get used as a second best currencies in a particular country.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
August 10, 2016, 10:28:55 PM
i think in future bitcoin can accepted by all people in the world, and each people have "smart card wallet" when we can receive and send our bitcoin just put PIN/privekey Roll Eyes

If  bitcoin achieves the physical form like credit/debit card then I am sure it will get more popular and more people will start using it as people have more faith in something that they can hold physically.

It would surely reach to that point but it needs quite a lot of time to reach there as before that it needs to get adopted by resources in physical because without that people wont believe it and wont be ready to use it like how they use fiat.

just a concept, or dream : the smart card wallet have a secure protection, every one can see the wallet addres and the balance of bitcoin, but the privekey only stored by bank. in this case only bank can move the bitcoin, but the pisycal of this wallet is legal like normal money, Roll Eyes

i hope in future bank can produce it  Cheesy
Oh. I think someone is working at the bank or in to financial services.  Cheesy you have a cool idea I hope some will be reading this specially those bank owners but I doubt they are here.
Is the debit card funded by with bitcoins is different from what you are talking here? I think we already have that system but unfortunately,
A lot of bitcoin users is not exciting for using bitcoin debit card is caused by the fees is very high, I ever trying using bitcoin debit card but my first impression to withdrawal my bitcoin using that and taking $3.15 for fees in every transaction.
Debit card is only good for the users with a good amount of bitcoin and big spender at the same time. They feel the convenience in using it despite the big charges of using it, maybe I will come into that level but for now I am focus more on investing rather than spending.
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