What is the Future of Bitcoin ? - page 66.

dkblueman

member

Activity: 62

Merit: 10

Quote from: Beliathon on August 18, 2014, 10:53:47 AM

Bitcoin will be the only global, widely used currency starting somewhen around 2020 and lasting until such a time when our species no longer uses currency.

I agree with this. In the same way the internet changed the way we communicate/learn and in fact do pretty much anything, bitcoin will change the way we deal with finance. It will take a few years but it will happen.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Someday Bitcoin will end world hunger by using the blockchain to send chili cheese fries to starving people everywhere.

RocketSingh

legendary

Activity: 1662

Merit: 1050

Quote from: wordman267645 on August 18, 2014, 10:29:33 AM

Everything is in the world depends on us and future also depends our past and present.So in the future bitcoin depends on what future are we thinking about..may be in the future it will be vanish or developed by super technology Cool

Oh... u r talking like Aristotol Cheesy

vabtc

jr. member

Activity: 55

Merit: 4

Figured this was a good example of the future of bitcoin. I was just contacted by a major bank and told my credit card number was breached. This is literally the 4th in 2 years. They would not tell me where it was breached but said it was a mass breach event. Now I have to go change just about every account because this was my #1 card. I'm so sick of this crap. Where is the CFPB? Oh, that's right, they're busy writing slanted hit pieces! As soon as I can ditch these cards and go full crypto, then we have arrived at the future.

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Bitcoin will be the only global, widely used currency starting somewhen around 2020 and lasting until such a time when our species no longer uses currency.

All nation-state fiat scrip, rare metals, and altcoins will be roughly equally worthless* within 5 or so years of the date of this posting.

This is my best guess as someone who is almost certainly far more intelligent than you, dear reader.

*Worthless relative to the value of Bitcoin. Related: http://en.wikipedia.org/wiki/Infinitesimal

Balls

sr. member

Activity: 338

Merit: 250

The future is mass adoption. I think it's only a matter of time before we get several high profile merchants accepting it and that will get even more interest from the public and mainstream media. We've already seen a ebay owned company looking at bitcoin so this could be a good sign.

Rampton

hero member

Activity: 525

Merit: 500

The future is bright. Sure, it's stalling a bit with the price currently but I think big things are to come from bitcoin regardless of a few stumbling blocks.

1K

member

Activity: 64

Merit: 10

Who knows what the future holds for bitcoin. Only time will tell. It could go either way I think but it's an interesting experiment for sure.

wordman267645

newbie

Activity: 28

Merit: 0

Everything is in the world depends on us and future also depends our past and present.So in the future bitcoin depends on what future are we thinking about..may be in the future it will be vanish or developed by super technology Cool

bitllionaire

legendary

Activity: 1120

Merit: 1000

the future of bitcoin is highly subjected to the adaptation and the conditions of the markers in its development
unpredictable I think
I hope it is as good as possible

Daniel91

legendary

Activity: 3374

Merit: 1824

I really hope that Bitcoin will become main alternative currency in the world in a next a few years.
At this early stage of adoption, we need more ''big'' merchants to accept bitcoin as payment option.
Without this, people will mostly use Bitcoin as kind of investment, not as alternative way of payment, and this will not help development of Bitcoin in the long term.

BitCoinDream

legendary

Activity: 2380

Merit: 1209

The revolution will be digital

Quote from: ajareselde on August 16, 2014, 06:10:35 PM

I cant say for certain what the future will bring to bitcoin, but im hoping that it will exist not only
as a payment system, but also as a "store of value".

If you abserve how many milionares are paying milion dollar sums for pictures and similar items, just so that they would preserve their capital..
Im hoping bitcoin will become the next safe heaven for those people

In short u wanna say that Bitcoin is gonna replace the Swiss Bank accounts ? Wink

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

I cant say for certain what the future will bring to bitcoin, but im hoping that it will exist not only
as a payment system, but also as a "store of value".

If you abserve how many milionares are paying milion dollar sums for pictures and similar items, just so that they would preserve their capital..
Im hoping bitcoin will become the next safe heaven for those people

chaos31

newbie

Activity: 12

Merit: 0

Bitcoins are limited in total numbers 21mill. Better than gold in the future because who knows what they find on mars.
If bitcoin overcome any security problems in the next years bt will go to the MOON!!!!
TO THE MOON!!! Wink

zen2

full member

Activity: 155

Merit: 100

Bitcoin is the future of money precisely because there is NO trust involved whatsoever. Bitcoin is the atheism of money, that's why it will destroy all competition.

Nobody can say what Happens with BTC

bomb177

newbie

Activity: 56

Merit: 0

Quote from: Nerazzura on July 16, 2014, 02:00:24 PM

Quote from: BitCoinDream on July 11, 2014, 07:02:28 AM

Quote from: ?? on ??

Quote from: GeorgeFeb on July 05, 2014, 06:37:30 PM

1 Satoshi will be 100$ in 5-10 years!

And those $100 will be nothing if that big bubble price of lots of crazy manufatured dollars just pop.

I'll be happy if 1 Satoshi become 1 USD. I'll become a millionaire with my 1BTC Wink

haha .. if it does happen, then I will be the richest young men in my town. fabulous Cool

Maybe there are more bitcoin adopters in your city than you can think of... so you won't be the richest Tongue

fanboy4

newbie

Activity: 41

Merit: 0

Quote from: Meuh6879 on June 25, 2014, 02:15:19 PM

you can't trade with a 10 minute confirmation transaction.
and that, it's very good for people.

Speed can be better with some innovation.

BitCoinDream

legendary

Activity: 2380

Merit: 1209

The revolution will be digital

Quote from: Nerazzura on July 16, 2014, 02:00:24 PM

Quote from: BitCoinDream on July 11, 2014, 07:02:28 AM

Quote from: ?? on ??

Quote from: GeorgeFeb on July 05, 2014, 06:37:30 PM

1 Satoshi will be 100$ in 5-10 years!

And those $100 will be nothing if that big bubble price of lots of crazy manufatured dollars just pop.

I'll be happy if 1 Satoshi become 1 USD. I'll become a millionaire with my 1BTC Wink

haha .. if it does happen, then I will be the richest young men in my town. fabulous Cool

Though I dont have any data to support 1 Satoshi = 1 USD, a statistical explanation shows 100 Satoshi may equal 1 USD.

A statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10^-2 USD
2010 => 10^-1 USD
2011 => 10⁰ USD
2012 => 10¹ USD
2013 => 10² USD
2014 => 10³ USD
2015 => 10⁴ USD
2016 => 10⁵ USD
2017 => 10⁶ USD

--- Early Adoption Ends Here and The Price Stabilizes ---

Now, 1BTC = 10⁸ Satoshi.

So, if 1BTC = 10⁶ USD, then 100 Satoshi = 1 USD

upal

full member

Activity: 165

Merit: 102

Quote from: counter on July 16, 2014, 06:36:07 PM

To know the future of Bitcoin you should start by looking at the past of Bitcoin. TLDR that whole article but seems they were comparing Bitcoin to Fiat. Fact of the matter is when I'm around people they are holding online devices and carrying them around This is a new trend which leads me to believe that the failing fiat model has very real competition to say the least.

Not really. But FIAT of course is one of the most prominent analogy while we are discussing Bitcoin. As Bitcoin is first in its own Genre, i.e. CryptoCurrency, U have no other option than making it analogous to similar value storage functions, which are not exactly Bitcoin.

qiuxiang

full member

Activity: 224

Merit: 100

The future is to be used through out the world, for payment and value storage.

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