What is the Future of Bitcoin ? - page 59.

nzminer

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Quote from: Supercrypt on November 18, 2015, 07:22:56 AM

Quote from: davinchi on November 18, 2015, 07:15:45 AM

Quote from: Whosdaddy on November 18, 2015, 07:12:31 AM

Quote from: Ninjaskills on November 18, 2015, 05:01:32 AM

Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

its will replace including paypal, perfectmoney, okpay or other ?
yeah i think bitcoin will be the first one payment processor for all payment

Yes currently almost with all payment processor, we can deposit as well as withdraw funds. That's the beauty of bitcoin we can adopt bitcoin each and every possible sectors. Soon, all the banks around the world will adopt bitcoin for depositing as well as withdrawing funds.

That is the point, we call as going mainstream.
If all the banks in the world start accepting bitcoin as one of payment option then we can see bitcoin is spendable everywhere. Then no one can stop bitcoin going to moon level price.

This is the future of bitcoin. We see every banks accept bitcoin so that bitcoin will be a part of our everyday life.
But many people do not want bitcoin again going back with our traditional bank. Because bitcoin itself a banking system, we don't need any traditional bank's aid to make bitcoin into mainstream.

Its inevitable that banks will use it or any other crypto for that matter, since banks offer lending etc, you still need a bank, so people will always use banks.

CasioK

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Quote from: Supercrypt on November 18, 2015, 07:22:56 AM

Quote from: davinchi on November 18, 2015, 07:15:45 AM

Quote from: Whosdaddy on November 18, 2015, 07:12:31 AM

Quote from: Ninjaskills on November 18, 2015, 05:01:32 AM

Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

its will replace including paypal, perfectmoney, okpay or other ?
yeah i think bitcoin will be the first one payment processor for all payment

Yes currently almost with all payment processor, we can deposit as well as withdraw funds. That's the beauty of bitcoin we can adopt bitcoin each and every possible sectors. Soon, all the banks around the world will adopt bitcoin for depositing as well as withdrawing funds.

That is the point, we call as going mainstream.
If all the banks in the world start accepting bitcoin as one of payment option then we can see bitcoin is spendable everywhere. Then no one can stop bitcoin going to moon level price.

This is the future of bitcoin. We see every banks accept bitcoin so that bitcoin will be a part of our everyday life.
But many people do not want bitcoin again going back with our traditional bank. Because bitcoin itself a banking system, we don't need any traditional bank's aid to make bitcoin into mainstream.

To make bitcoin spendable everywhere we do not need banks to accept bitcoin for depositing.
Just with the bitcoin debit card we can do spending everywhere we wish. So already we are in progress towards mainstream without any help from any bank.

ad2042

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Btc has its own best qualities such as no government boundations easy to do transcation which will lead to its bright future.

Supercrypt

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Quote from: davinchi on November 18, 2015, 07:15:45 AM

Quote from: Whosdaddy on November 18, 2015, 07:12:31 AM

Quote from: Ninjaskills on November 18, 2015, 05:01:32 AM

Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

its will replace including paypal, perfectmoney, okpay or other ?
yeah i think bitcoin will be the first one payment processor for all payment

Yes currently almost with all payment processor, we can deposit as well as withdraw funds. That's the beauty of bitcoin we can adopt bitcoin each and every possible sectors. Soon, all the banks around the world will adopt bitcoin for depositing as well as withdrawing funds.

That is the point, we call as going mainstream.
If all the banks in the world start accepting bitcoin as one of payment option then we can see bitcoin is spendable everywhere. Then no one can stop bitcoin going to moon level price.

This is the future of bitcoin. We see every banks accept bitcoin so that bitcoin will be a part of our everyday life.
But many people do not want bitcoin again going back with our traditional bank. Because bitcoin itself a banking system, we don't need any traditional bank's aid to make bitcoin into mainstream.

davinchi

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Quote from: Whosdaddy on November 18, 2015, 07:12:31 AM

Quote from: Ninjaskills on November 18, 2015, 05:01:32 AM

Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

its will replace including paypal, perfectmoney, okpay or other ?
yeah i think bitcoin will be the first one payment processor for all payment

Yes currently almost with all payment processor, we can deposit as well as withdraw funds. That's the beauty of bitcoin we can adopt bitcoin each and every possible sectors. Soon, all the banks around the world will adopt bitcoin for depositing as well as withdrawing funds.

That is the point, we call as going mainstream.
If all the banks in the world start accepting bitcoin as one of payment option then we can see bitcoin is spendable everywhere. Then no one can stop bitcoin going to moon level price.

Whosdaddy

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Activity: 1148

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Quote from: Ninjaskills on November 18, 2015, 05:01:32 AM

Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

its will replace including paypal, perfectmoney, okpay or other ?
yeah i think bitcoin will be the first one payment processor for all payment

Yes currently almost with all payment processor, we can deposit as well as withdraw funds. That's the beauty of bitcoin we can adopt bitcoin each and every possible sectors. Soon, all the banks around the world will adopt bitcoin for depositing as well as withdrawing funds.

Denker

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Quote from: RealPhotoshoper on November 18, 2015, 05:44:41 AM

bitcoin will be reliable,more mass adopted.. lets see,The PayPal co-founder predicts that Satoshi Nakamoto’s six-year-old invention will forever change the world as a currency. Not so much as a payment network, however. Mark Cuban gives Bitcoin props as a viable “digital accounting transport mechanism,” but thinks it has “no shot” as a long-term cryptocurrency.

Who are you talking about? Do you mean Peter Thiel as co-founder?
Or are you referring to Elon Musk?
I know that Thiel is invested in some Bitcoin/Blockchain companies but he also is kind of bearish regarding it. I remember somewhere in 2013 he said that there is chance of 80% that Bitcoin will fail. That was 2-2,5 half years ago.And when you watch actual videos of him he still isn't really convinced it seems.

bering

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Leading Crypto Sports Betting & Casino Platform

Quote from: blackmachinegun on November 17, 2015, 06:22:46 PM

i believe that future of bitcoin is "more popular bitcoin" even the price was not friendly,or so many scammers,butc bitcoin future has own good,its a mass adopted bitcoin i think..

very reasonable reason i'm agree with you even though bitcoin price more lower than the current price i do believe bitcoin will very popular in the future

RealPhotoshoper

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bitcoin will be reliable,more mass adopted.. lets see,The PayPal co-founder predicts that Satoshi Nakamoto’s six-year-old invention will forever change the world as a currency. Not so much as a payment network, however. Mark Cuban gives Bitcoin props as a viable “digital accounting transport mechanism,” but thinks it has “no shot” as a long-term cryptocurrency.

Ninjaskills

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Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

its will replace including paypal, perfectmoney, okpay or other ?
yeah i think bitcoin will be the first one payment processor for all payment

ajun96

hero member

Activity: 658

Merit: 500

Quote from: blackmachinegun on November 17, 2015, 06:22:46 PM

i believe that future of bitcoin is "more popular bitcoin" even the price was not friendly,or so many scammers,butc bitcoin future has own good,its a mass adopted bitcoin i think..

i think the price is also friendly, if mass adopts bitcoin, of course this will make a huge market demand, bitcoin prices will be sped up

blackmachinegun

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i believe that future of bitcoin is "more popular bitcoin" even the price was not friendly,or so many scammers,butc bitcoin future has own good,its a mass adopted bitcoin i think..

nzminer

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Activity: 1918

Merit: 1001

Quote from: USB-S on November 17, 2015, 12:23:12 AM

Quote from: nzminer on November 16, 2015, 11:57:59 PM

Quote from: Harmonica on November 16, 2015, 07:45:59 PM

Quote from: nzminer on November 13, 2015, 04:37:26 PM

I dont see much future in Bitcoin by the end of the decade.

Other platforms with more innovation and no issues with block sizes etc will prevail.

NXT, NEM, and other 2.0 platforms will be the way of the future...

Bitcoin needs to succeed before any other coin. Once there is some sort of mass success, only then can another coin potentially take over. Bitcoin will either fail and take cryptos with it, succeed and be replaced or succeed.

Well one could already say its been successful.

But alot of people still dont even know about BTC, let alone other altcoins.
I know i only heard of bitcoin first, but now have turned to other platforms that i feel are better.

These 2.0 altcoins are for people who missed 1dollar bitcoins. I bet when bitcoins price surges again, all altcoins will ride the same wave. However bitcoin is currently the backbone of all alts and I really can't see that changing anytime soon. I think that bitcoins would hold their value in the long term and some alts just join with bitcoin in holding their value. NXT is one of those coins I see dramatically rising in the next 5 years. even if it has only fallen in the last 2 years, it has to hit the bottom soon. 2k sats is pretty low for the level of innovation that coin has.

Well you are partially right, i feel most alts are for those who missed out on BTC under $1. I was no exception either.

If i knew about BTC when it was only one or two cents, i could have mined thousands on my PC and would have been a millionaire! lol

However its not too late.

Only some will prevail. NXT will be one of them, there is room for more than one cryptocurrency also.

I doubt claims that one BTC will be worth $1 million though, let alone $100K or even $10K

LuckyYOU

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Quote from: nerFohanzo on November 17, 2015, 03:32:09 PM

Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

Replacing digital currencies will not serve the purpose, we want the bitcoins should replace all major fiat currencies then it will glitter like gold and can become the king of the currencies, the future of bitcoins is bright but I doubt it won't get on the mainstream as people have different mindsets and would not prefer to invest their money in cryptos.

Well the main purpose is safe & anonymous transactions right. The main goal is to be the market leader for this purpose. With more and more people buying & using it, eventually it will go mainstream.

nerFohanzo

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Activity: 631

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Quote from: ad2042 on November 16, 2015, 07:58:29 PM

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

Replacing digital currencies will not serve the purpose, we want the bitcoins should replace all major fiat currencies then it will glitter like gold and can become the king of the currencies, the future of bitcoins is bright but I doubt it won't get on the mainstream as people have different mindsets and would not prefer to invest their money in cryptos.

USB-S

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Activity: 574

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In XEM we trust

Quote from: nzminer on November 16, 2015, 11:57:59 PM

Quote from: Harmonica on November 16, 2015, 07:45:59 PM

Quote from: nzminer on November 13, 2015, 04:37:26 PM

I dont see much future in Bitcoin by the end of the decade.

Other platforms with more innovation and no issues with block sizes etc will prevail.

NXT, NEM, and other 2.0 platforms will be the way of the future...

Bitcoin needs to succeed before any other coin. Once there is some sort of mass success, only then can another coin potentially take over. Bitcoin will either fail and take cryptos with it, succeed and be replaced or succeed.

Well one could already say its been successful.

But alot of people still dont even know about BTC, let alone other altcoins.
I know i only heard of bitcoin first, but now have turned to other platforms that i feel are better.

These 2.0 altcoins are for people who missed 1dollar bitcoins. I bet when bitcoins price surges again, all altcoins will ride the same wave. However bitcoin is currently the backbone of all alts and I really can't see that changing anytime soon. I think that bitcoins would hold their value in the long term and some alts just join with bitcoin in holding their value. NXT is one of those coins I see dramatically rising in the next 5 years. even if it has only fallen in the last 2 years, it has to hit the bottom soon. 2k sats is pretty low for the level of innovation that coin has.

jak1

sr. member

Activity: 280

Merit: 250

the future of bitcoin is atfirst reching the mainstream and then we should find a alternative way of mining bitcoins or maybe a alternative way then mining from where we can generate bitcoins at extremly low difficulty and nowdays i see a lot of people had left bitcoins since after the fall of 1000$

nzminer

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Activity: 1918

Merit: 1001

Quote from: Harmonica on November 16, 2015, 07:45:59 PM

Quote from: nzminer on November 13, 2015, 04:37:26 PM

I dont see much future in Bitcoin by the end of the decade.

Other platforms with more innovation and no issues with block sizes etc will prevail.

NXT, NEM, and other 2.0 platforms will be the way of the future...

Bitcoin needs to succeed before any other coin. Once there is some sort of mass success, only then can another coin potentially take over. Bitcoin will either fail and take cryptos with it, succeed and be replaced or succeed.

Well one could already say its been successful.

But alot of people still dont even know about BTC, let alone other altcoins.
I know i only heard of bitcoin first, but now have turned to other platforms that i feel are better.

ad2042

newbie

Activity: 30

Merit: 0

No one knows the future guys. but according to its fame and easy to use transact it looks that it will replace all the digital currencies.

Harmonica

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Activity: 57

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Quote from: nzminer on November 13, 2015, 04:37:26 PM

I dont see much future in Bitcoin by the end of the decade.

Other platforms with more innovation and no issues with block sizes etc will prevail.

NXT, NEM, and other 2.0 platforms will be the way of the future...

Bitcoin needs to succeed before any other coin. Once there is some sort of mass success, only then can another coin potentially take over. Bitcoin will either fail and take cryptos with it, succeed and be replaced or succeed.

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