Pages:
Author

Topic: What is the Future of Bitcoin ? - page 20. (Read 76869 times)

hero member
Activity: 840
Merit: 1000
August 05, 2016, 06:09:58 AM
Bitcoin can be successful but it is just a fact it is not stable enough to have a bright future. It has to prove itself first that it can handle the news of disaster in the market with out wavering just like the other currency do. They do change but not that much to have people loose $100 of dollars if it shift in a heartbeat.

That happens with bitcoin because it is not a currency used widely by users, i agree that the user database if bitcoin is really large but not like fiat currencies, that is the reason why it drops and grows with time because it is not a currency used in big businesses or investments or it is not a currency that is running a lot of countries like dollar.

The users of bitcoin are limited at a moment but that doesn't mean it will  be same in future as we will find many new users who will invest their money into it.
sr. member
Activity: 672
Merit: 250
August 05, 2016, 06:05:23 AM
Bitcoin can be successful but it is just a fact it is not stable enough to have a bright future. It has to prove itself first that it can handle the news of disaster in the market with out wavering just like the other currency do. They do change but not that much to have people loose $100 of dollars if it shift in a heartbeat.

That happens with bitcoin because it is not a currency used widely by users, i agree that the user database if bitcoin is really large but not like fiat currencies, that is the reason why it drops and grows with time because it is not a currency used in big businesses or investments or it is not a currency that is running a lot of countries like dollar.
hero member
Activity: 994
Merit: 544
August 04, 2016, 11:49:04 PM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.

With the current negative issues on hacking on bitfinex and the loss of a multimillion dollars worth of bitcoins I can no longer be sure of the bitcoins future. THough in the past I am really positive that it will conquer the globe, but after the incident it seems blurry to determine if that will come true. Further, if only all hacking incidents will be solved earlier then the future of bitcoin is guaranteed.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
August 04, 2016, 09:14:10 PM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.
In some news I heard some big companies are shaking hands with bitcoins ? Also I heard around 4.5 M $ were arranged or should say funds were raised for a new browser. So actually people are participating just we need to wait.
You can see more speculation and prediction in bitcoin that you can read and see in online but we do not ever know if it is going to happen but i think all users of bitcoin will think positive and believed that bitcoin has a great future.

The recent hacks have negative effects.
But the negative effect from hack just defending from few times and after this, all will be back to the normal condition and I think no needs to worry about it. maybe I wish that has become the last case in 2016.
Well, if this hacking incident will happen most of the time then it would be fine with me as long as I can see a good price and it will back to the normal price, we just have to see it as an opportunity rather than do panic selling and our move should be buying to take advantage on the situation.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
August 04, 2016, 07:47:43 PM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.
In some news I heard some big companies are shaking hands with bitcoins ? Also I heard around 4.5 M $ were arranged or should say funds were raised for a new browser. So actually people are participating just we need to wait.
You can see more speculation and prediction in bitcoin that you can read and see in online but we do not ever know if it is going to happen but i think all users of bitcoin will think positive and believed that bitcoin has a great future.

The recent hacks have negative effects.
But the negative effect from hack just defending from few times and after this, all will be back to the normal condition and I think no needs to worry about it. maybe I wish that has become the last case in 2016.
full member
Activity: 196
Merit: 100
August 04, 2016, 06:20:42 PM
the future of bitcoin will be more bright .
sr. member
Activity: 336
Merit: 250
August 04, 2016, 06:05:31 PM
Bitcoin can be successful but it is just a fact it is not stable enough to have a bright future. It has to prove itself first that it can handle the news of disaster in the market with out wavering just like the other currency do. They do change but not that much to have people loose $100 of dollars if it shift in a heartbeat.
hero member
Activity: 1120
Merit: 507
August 04, 2016, 03:34:11 PM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.

i agree but at the same time i can't accept that bitcoin can ever replace fiat and become a major currency being used in offline transactions as fiat is being used today.

although there is no argument that bitcoin has a real good future ahead of itself because of its potential and many features that it has introduced to the world.
A bit harsh but you are right because for replacing fiat there must be something approved by government, because at the end of chain which started from market the money is deposited to banks and they will not accept bitcoins hence it fails.

But in a scenario of "everything for bitcoin", we can imagine bitcoin can replace fiats and we can completely forget fiats/banks.
legendary
Activity: 1176
Merit: 1024
August 04, 2016, 06:40:07 AM
This scenario is disturbing to say the least!  Embarrassed
I don't like what the price is doing right now as everytime I look at it, it seems to drop a dollar lower each time. Undecided
It is teetering near the mid century mark and that is a little concerning to me about the future of it's progress.
But remember when it rises it goes from 200$ to 800$ in no time, so i think if it drops by a dollar or two or even 10-20 usd a day that is not a problem. And if you panic too quickly, better change BTC to usd via btc-e and then buy more btc when price is increasing.
hero member
Activity: 722
Merit: 500
August 04, 2016, 06:05:05 AM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.
In some news I heard some big companies are shaking hands with bitcoins ? Also I heard around 4.5 M $ were arranged or should say funds were raised for a new browser. So actually people are participating just we need to wait.
You can see more speculation and prediction in bitcoin that you can read and see in online but we do not ever know if it is going to happen but i think all users of bitcoin will think positive and believed that bitcoin has a great future.

In the long term, the price will go up. But in the short term, I am quite worried. The recent hacks have negative effects.

Also there is big pump of the ETC version of the Ethereum. If that bubble burst, that will damage the reputation of digital coins as a whole.
hero member
Activity: 1820
Merit: 537
August 04, 2016, 01:07:36 AM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.
In some news I heard some big companies are shaking hands with bitcoins ? Also I heard around 4.5 M $ were arranged or should say funds were raised for a new browser. So actually people are participating just we need to wait.
You can see more speculation and prediction in bitcoin that you can read and see in online but we do not ever know if it is going to happen but i think all users of bitcoin will think positive and believed that bitcoin has a great future.

In the long term, the price will go up. But in the short term, I am quite worried. The recent hacks have negative effects.
hero member
Activity: 714
Merit: 531
August 03, 2016, 10:29:50 PM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.
In some news I heard some big companies are shaking hands with bitcoins ? Also I heard around 4.5 M $ were arranged or should say funds were raised for a new browser. So actually people are participating just we need to wait.
You can see more speculation and prediction in bitcoin that you can read and see in online but we do not ever know if it is going to happen but i think all users of bitcoin will think positive and believed that bitcoin has a great future.
hero member
Activity: 2534
Merit: 605
August 03, 2016, 03:51:59 PM
Bitcoin one day become a major mainstream currency alongside the Dollar, the public increases and the currency becomes more widely popular. As more people transact in Bitcoin, the price will increase and bitcoin inturn gets a good future.

Bitcoin would surely become a major currency in the world once it reached mainstream but the biggest thing is to bring it to mainstream and for that some big companies or resources will have to adopt it to start the process of adoption and that would be a great start that can lead it to great success in future.
In some news I heard some big companies are shaking hands with bitcoins ? Also I heard around 4.5 M $ were arranged or should say funds were raised for a new browser. So actually people are participating just we need to wait.
full member
Activity: 196
Merit: 100
August 03, 2016, 03:26:33 PM
i think the future of bitcoin is really very good,

It was very good for the future of the bitcoin. But after the Bitfinex hack, people might give it a second thought.
definitely right,some people lost their faith on bitcoin because so many hacking case happen
yes hacking is also a factor which lost the faith of the people but the current condition of bitcoin is also responsible for the making people uninterested in bitcoin. as the price of bitcoin is falling too much although now the price of bitcoin take some breathe but it really made people worried, therefore we can say that the future of bitcoin is depending on the faith of the people.
full member
Activity: 196
Merit: 100
August 03, 2016, 02:53:34 PM
i think the future of bitcoin is really very good,
yes in fact, although the price of bitcoin is really falling down to a very very low level but still i hope that the future of bitcoin will be bright enough, but i will like to add that the future of bitcoin is also depending on the interest of the people if people are taking interest in bitcoin and they are investing their money in bitcoin then the future of bitcoin will really be very bright,
hero member
Activity: 854
Merit: 501
August 03, 2016, 02:34:51 PM
i think the future of bitcoin is really very good,

It was very good for the future of the bitcoin. But after the Bitfinex hack, people might give it a second thought.
definitely right,some people lost their faith on bitcoin because so many hacking case happen
Hacking can happen with any physical form of storage; you just have to deal with it. There's social engineering and heists with physical storage as well, though, you could argue all day about this, but Bitcoin is just not going to be accepted everywhere anytime soon, at least in the next 5-10 years.
There will probably be slow growth in the next few years, but nothing too significant.
legendary
Activity: 3374
Merit: 1824
August 03, 2016, 01:44:57 PM
In my opinion, Bitcoin will, very soon, replace Paypal and other main payment processors online and become new standard for online payments.
For me, this is very important issue because I'm using this pp a lot.
I also believe that many merchants, online and offline, will accept BTC payments in the future and that we will become mainstream soon.
I also hope that value of bitcoin will jump to the sky Smiley
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
August 03, 2016, 01:38:09 PM
Of course anybody could predict but there is no assurance that our prediction will be right, we should consider that the future of bitcoins is quite good but there is no guarantee that it would happen, there are still possibilities that crisis may happen and that is already beyond our control so let us just pray and hope that bitcoin will remain stable.
oh sorry yes im agree with you anyone can predict also for those called illumanati  Cheesy there's assurance if many people use bitcoins as a payment method or store accept bitcoins as a payment just which that miracle happens wish for the miners and hopefuly bitcoin will become stable and more realiable so that many people will have interest to use bitcoin for future Smiley
Agreed that massive adoption for more stores and more people will helps for a great future of the bitcoin and yes without assurance but if we continue to use bitcoin i think i will happen that bitcoin will be good in the future.
That would certainly happen in the future, it should be the people will start to adopt as businesses will not adopt with a little market seen in the bitcoin economy, we will force them to adopt so we can have a good time spending our money online.
The stores must see some benefits if they are to accept a new payment method to their store. Actually someone need to explain them that the price of bitcoins change is not a negative point, but actually a positive point as they can sell their BTC for fiat instantly or wait for the money to grow.

It must be happen in the future if more store are accepting bitcoin i hope that locally too will accept bitcoin as payment just like brazil.
They should know about the benefits given by bitcoin for the price increase but the problem is bitcoin price is not always increasing.. they should know it..
legendary
Activity: 3318
Merit: 1128
August 03, 2016, 01:23:57 PM
Of course anybody could predict but there is no assurance that our prediction will be right, we should consider that the future of bitcoins is quite good but there is no guarantee that it would happen, there are still possibilities that crisis may happen and that is already beyond our control so let us just pray and hope that bitcoin will remain stable.
oh sorry yes im agree with you anyone can predict also for those called illumanati  Cheesy there's assurance if many people use bitcoins as a payment method or store accept bitcoins as a payment just which that miracle happens wish for the miners and hopefuly bitcoin will become stable and more realiable so that many people will have interest to use bitcoin for future Smiley
Agreed that massive adoption for more stores and more people will helps for a great future of the bitcoin and yes without assurance but if we continue to use bitcoin i think i will happen that bitcoin will be good in the future.
That would certainly happen in the future, it should be the people will start to adopt as businesses will not adopt with a little market seen in the bitcoin economy, we will force them to adopt so we can have a good time spending our money online.
The stores must see some benefits if they are to accept a new payment method to their store. Actually someone need to explain them that the price of bitcoins change is not a negative point, but actually a positive point as they can sell their BTC for fiat instantly or wait for the money to grow.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
August 03, 2016, 10:26:12 AM
i think the future of bitcoin is really very good,

It was very good for the future of the bitcoin. But after the Bitfinex hack, people might give it a second thought.
definitely right,some people lost their faith on bitcoin because so many hacking case happen
Pages:
Jump to: