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Topic: What is the Future of Bitcoin ? - page 66. (Read 76899 times)

hero member
Activity: 525
Merit: 500
August 18, 2014, 09:36:22 AM
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.
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member
Activity: 64
Merit: 10
August 18, 2014, 09:35:13 AM
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.
newbie
Activity: 28
Merit: 0
August 18, 2014, 09:29:33 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 Cool
legendary
Activity: 1120
Merit: 1000
August 17, 2014, 07:16:01 PM
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
legendary
Activity: 3374
Merit: 1824
August 17, 2014, 11:16:00 AM
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.

legendary
Activity: 2394
Merit: 1216
The revolution will be digital
August 17, 2014, 06:42:59 AM
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
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
August 16, 2014, 05:10:35 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
newbie
Activity: 12
Merit: 0
August 16, 2014, 10:58:03 AM
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
full member
Activity: 155
Merit: 100
August 16, 2014, 10:48:32 AM
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
newbie
Activity: 56
Merit: 0
August 16, 2014, 10:48:10 AM

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


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 Tongue

Maybe there are more bitcoin adopters in your city than you can think of... so you won't be the richest Tongue
newbie
Activity: 41
Merit: 0
August 16, 2014, 10:38:05 AM
you can't trade with a 10 minute confirmation transaction.
and that, it's very good for people.

https://i.imgur.com/Z0UkrMa.gif
Speed can be better with some innovation.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
August 16, 2014, 10:30:54 AM

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


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 Tongue

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
full member
Activity: 165
Merit: 102
August 16, 2014, 04:09:06 AM
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.
full member
Activity: 224
Merit: 100
August 06, 2014, 04:57:01 PM
The future is to be used through out the world, for payment and value storage.
newbie
Activity: 62
Merit: 0
July 17, 2014, 09:14:49 AM
To know the future of Bitcoin you should start by looking at the past of Bitcoin. 
Disagree. The past of bitcoin wasn't so epic because it can't consist epicness right after launch but after all this years BTC community got bigger and getting bigger everyday so that's why the future of bitcoin is not the similar to the past of bitcoin.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
July 16, 2014, 05:36:07 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.
legendary
Activity: 1512
Merit: 1012
July 16, 2014, 03:36:38 PM
the problem is the people ... well, if gov. freeze or steal money on bank account in Europe (France, UK, Germany) at the 2015, it's not a problem.

It's a revolution.  Cheesy
newbie
Activity: 46
Merit: 0
July 16, 2014, 03:29:35 PM
I think that bitcoin is a part of the peer to peer revolution, so it is really a part of something larger than itself....
full member
Activity: 210
Merit: 100
July 16, 2014, 02:49:05 PM
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!
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
July 16, 2014, 02:47:09 PM
future of bitcoin is paying for everything with bitcoins, everyday grocery etc
So, actually this means "trust".

What the hell? How did you correlate what he wrote with "trust" ? If you had to sum it up it's "usage"
Do you really using something you are not trusting? Any currency is based on trust first, and then - used.

Your logic is applicable for centralized currencies. A de-centralized currency does not need trust. U dont need to trust Satoshi to use Bitcoin. U can see the code yourself.
No difference if it is gold, dollar, peanuts, bitcoin or shell money in Timbuktu. In any exchange or transaction you need to trust in order to do it. It is actually basics. But never mind.

You are tied with the legacy thinking. Bitcoin is different from that. Please have your time to read Satoshi's paper. The basis of Bitcoin is it is trustless as it is open source and community driven. Trust is something tied with centralized systems.
This one speaks wisely. Trust is the great weakness of soon-to-be obsolete forms of currency like fiat. We trusted the banks, look where that got us - the 2008 meltdown!

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.

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