What is the Future of Bitcoin ? - page 55.

Proxiebuier

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Quote from: nzminer on January 14, 2016, 07:43:58 PM

Looks like Bitcoin has already failed and is doomed to die!

Just been reading this about the BTC developer Mike Hearn selling all his coins and warning of its fate...

He has now quit as a developer
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.akjw17yd5 Undecided

If BTC dies, everyone will move over to other platforms such as NXT, NEM, IOTA, Ethereum etc.

If bitcoin die all of altcoin will be die too,

i think he just want to sell his bitcoin and buy back at lower price Cheesy

ajun96

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Quote from: jethrorn99 on January 09, 2016, 08:26:08 AM

In my view, I think that bitcoin will be universally used in online shops and a lot of things online.

There will be ATM machine for bitcoin anywhere just like Bank ATM Machine.

And you could exchange your bitcoin to steam wallet Grin

yeah
I am very interested in the ATM bitcoin, currently atm bitcoin, very few in the world, maybe just a few,
in my own country there are only 2 atm, and it is very far from my town, I would like in the future, will be a lot of atm bitcoin are made Cheesy

nzminer

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Looks like Bitcoin has already failed and is doomed to die!

Just been reading this about the BTC developer Mike Hearn selling all his coins and warning of its fate...

He has now quit as a developer
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.akjw17yd5 Undecided

If BTC dies, everyone will move over to other platforms such as NXT, NEM, IOTA, Ethereum etc.

coinplus

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Quote from: jethrorn99 on January 09, 2016, 08:26:08 AM

In my view, I think that bitcoin will be universally used in online shops and a lot of things online.

There will be ATM machine for bitcoin anywhere just like Bank ATM Machine.

And you could exchange your bitcoin to steam wallet Grin

BTC has unlimited opportunities and wonders hidden with it, the more it spreads, the better it gets. The difficulty and the hash rate is getting increased daily so, technically its goof to imagine the brighter future. Because, hash rate increase is a good sign for price increase.

Denker

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Quote from: jethrorn99 on January 09, 2016, 08:26:08 AM

In my view, I think that bitcoin will be universally used in online shops and a lot of things online.

There will be ATM machine for bitcoin anywhere just like Bank ATM Machine.

And you could exchange your bitcoin to steam wallet Grin

If we would have as much Bitcoin ATMs as we have normal ATMs that mean Bitcoin is being used by hundreds millions of people.That would be the absolutely breakthrough.
Before that happens I also believe that Bitcoin will start being used more often, maybe on a daily basis in the internet for the several different use cases.Some may use to buy some stuff from Amazon Grin

or other stores with it, a few might earn their income with it (streamers, bloggers, musicians, free lancers, cam girls, gamblers(online poker), etc.) and what ever.

jethrorn99

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In my view, I think that bitcoin will be universally used in online shops and a lot of things online.

There will be ATM machine for bitcoin anywhere just like Bank ATM Machine.

And you could exchange your bitcoin to steam wallet Grin

Kevin77

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Quote from: Amph on January 09, 2016, 03:36:44 AM

Quote from: nzminer on January 08, 2016, 04:06:24 PM

If BTC gains mass adoption, it wont be able to handle the high TPS required for such a network.

well mass adoption will not happen overnight, so there is plenty of time to come ahead an increase it in some way, this year there are already some projects about increase the limit

Yes, scalability is a part of bitcoin development along with user base and transaction volumes.
The recent increase in hash resulted in quick block generation. I believe, if the blocks are getting generated like this then bitcoin can handle any high TPS also. (Just a average Joe's view. No technical aspects in this)

greBit

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Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

Yeah It will replace Fiat currency system completely from the business sector. Already now we can alle to pay bills and purchase through online with bitcoin. This will effectively come in real life very soon. If bitcoin transaction medium comes to government transactions means everything will be transparent. People will know about the government easily.whether they are corrupt or not. There are so many advantages like these.

Amph

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Quote from: nzminer on January 08, 2016, 04:06:24 PM

If BTC gains mass adoption, it wont be able to handle the high TPS required for such a network.

well mass adoption will not happen overnight, so there is plenty of time to come ahead an increase it in some way, this year there are already some projects about increase the limit

nzminer

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If BTC gains mass adoption, it wont be able to handle the high TPS required for such a network.

dumpida

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Quote from: blackmachinegun on January 04, 2016, 10:41:51 AM

Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

to get to that stage, bitcoin need some evolution, which he said bitcoin transaction quickly, I still find it difficult to prove that, as confirmation of delivery, is now very slow

The Ethereum has fast block time, you can see your transaction in the chain within 20-40s. But if you send coins to Polonix, it needs hundreds of blocks to confirm finally.

blackmachinegun

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Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

to get to that stage, bitcoin need some evolution, which he said bitcoin transaction quickly, I still find it difficult to prove that, as confirmation of delivery, is now very slow

betohell

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Quote from: gilangIDR on January 03, 2016, 05:12:05 AM

Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

if bitcoin can be a medium of international payment then bitcoin is certain to be recognized by all countries and financial institutions of government authorities. how long you sure? I think 10 years is enough to make bitcoin growing rapidly like this.

ya maybe but we can't be sure that. bitcoin has been running for eight years and is the achievement of a bitcoin is very large.. but bitcoin users is relatively small. at this forum alone there are only 600K users

kevin go

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its a digital money...for the future u can pay anything just use a bitcoin...
become a payable for anything...
but we just can guess...dont know the real future is how....

maokoto

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Perhaps future is mass adoption, perhaps moderate adoption, or perhaps it will go up as an investment vehicle (coming nearer to gold or oil). Even if it remains more or less as it is now, it would be ok to store value in it and have this innovative option to do so.

Worse case scenario is it becoming worthless, and I do not think that ends happening really.

ajun96

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Quote from: pocarime32 on January 03, 2016, 05:04:03 AM

Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

I hope so. Bitcoin will be a next popular money like dollar, euro and poundsterling. and many people use bitcoin for payment or buying something. so the price will be high.

yeah right bitcoin will become mainstream, everyone has and uses bitcoin, for me the high price is not too important, what is important is the convenience of transacting, what I still got it in the future?

betohell

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Quote from: Hellacopter on January 02, 2016, 11:41:03 AM

I think the bitcoin have great future because it's noticed that it's growing up daily and many marketplaces start to use it as payment processor, and also its price still increasing likely as its usability

why everyone is sure about the future of bitcoin is beautiful.. ?
is it possible if there be competitors who will be born / appears. then beat bitcoin and destroy all beautiful dream of bitcoin?

Ruzka

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Quote from: ?? on ??

Quote from: gilangIDR on January 03, 2016, 05:12:05 AM

Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

if bitcoin can be a medium of international payment then bitcoin is certain to be recognized by all countries and financial institutions of government authorities. how long you sure? I think 10 years is enough to make bitcoin growing rapidly like this.

Yes i think Bitcoin would be perfect as the internet currency offering you to buy anything online with bitcoin,

It will not be a main lone payment system for any country that is for sure.
It does have a chance to be recognized as a very good payment method but no country will give up control they have with fiat.
We are a way in to the life of btc now (7years today) and it may not even take ten years to start getting accepted by much of the world.
I think btcs future is a hard one to predict and that is why it is possible for many to become rich from it should it play out well, it can also make many lose but that is the risk.
btc has so many benefits of cash it has to survive on some level, we just got to wait and see on what level that will be.

gilangIDR

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Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

if bitcoin can be a medium of international payment then bitcoin is certain to be recognized by all countries and financial institutions of government authorities. how long you sure? I think 10 years is enough to make bitcoin growing rapidly like this.

pocarime32

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Quote from: praprata on January 02, 2016, 01:23:58 PM

I think we will see bitcoin rise to a international payment system. For consumers and businesses.
Perhaps it can even grow out to be the main payment system.

I hope so. Bitcoin will be a next popular money like dollar, euro and poundsterling. and many people use bitcoin for payment or buying something. so the price will be high.

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