Topic: what you think about bitcoin in like 5 years? - page 13. (Read 21107 times)

After 5 years, Bitcoin will start to be used and encouraged by all countries because I think that Bitcoin credit cards will take its place and that it will be at least 300,000$ in terms of Money.

around 100k dollar what i think

Some 5 year old bitcoin thinking as follows:

1. Many companies will pay freelancers with the digital currency that will trigger tax reform.

2. The digital currency will change the monopoly of money made by the government similar to the Internet.

3.the government will build an agency to analyze cryptocurrency regulation.

4. Thousands of cryptocurrency companies will be born and floor on the stock .

I think 5 years from now bitcoin is will known in all over the world. I also think bitcoin will accept as a payment for some stablishment and some store and also it is a stable source of our financial income all we need to do is to support bitcoin industry and keep store bitcoin for future..

Even not after 5 years, bitcoin already have the capability to change people lives because the potential of profit in bitcoin is so huge and it can be attained of they will work hard and have a lot of patience in learning different ways in order to have a good strategy in terms of using the opportunities that we have here in bitcoin.

I think in 5 years bitcoin is still bitcoin, and will have a higher value after 5 years. It will become more stable and many people will gain a huge amount of profit to it and can have the capability to change their lives.

It is already the king of the market in referrence to digital currencies.  Bitcoin price really goes down right after the start of this year.  But, as we can see as of today, its price is gradually going up.  And I am very happy that little by little, I am thinking that my decision to hold bitcoin is quite right.

As compair to previous month bitcoin will go very high and as compair to now bitcoin will go down but with in 5 year its become huge and be the king of market.

if seen from the Improvement and use of virtual exchange tools, wider acceptance, and the decline in the growth of the use of paper money makes many people believe that cryptocurrency Bitcoin and Ethereum is the future. In the next 5 years I myself strongly believe that bitcoin will increase sharply.
In fact, an economics professor from Australian National University (ANU), Rabee Tourky, mentions that "... in the next 10 years, there will be no more cash." He called his position to be replaced by digital cash.
But here the problem is Bitcoin's level of public confidence is an important element in assessing the possibility of a digital exchange tool replacing the print money.
Another problem is in terms of its own economy, which makes Bitcoin and the like judged unsuitable to be currency. This is due to the fact that Bitcoin's supply is limited, in contrast to reprinted banknotes with serious observations by the central bank.
As discussed earlier, the supply of cryptocurrency is limited while the demand for it always rises, making its value continue to rise.
In other words, there will be a phenomenon called deflation. What will happen is the same amount of money will be used for more goods. Alias, the price of the goods will fall.
This situation is very 'toxic' to a country's macroeconomic, because everywhere, deflation will always lead to hoarding, or the hoarding of currencies. The logic is, "Why buy something now, if tomorrow Bitcoin's value will go up and the price of the item will be cheaper?"
This makes the demand for Bitcoin continue to rise, making a condition called a speculative bubble appear to the surface.
And that logic will obviously destroy the economic activity of a country. "The economy is sluggish," the headlines say in the news. When the buying and selling activities are stalled, the business goes bankrupt, the investment gets stuck, and the money turns off. Economic depression.

Thinks come on my mind is bitcoin after 5 years will grow having competence to others is hard. More discoveries and innovation of bitcoin like technology every month has newly discovered and development so bitcoin i think will develop in some situation

I think in the future no one knows what will happen to bitcoin for 5 years. but i hope that bitcoin in 2018 it will reach high value and widespread use in the world, because bitcoin is improving their performance with time so in the future we can say that bitcoin will get be most of the country as a legal currency.

Exactly no one can tell you about future but my approximation about bitcoin by judging its previous performance. As bitcoin is improving their performance with time so in future we can say that bitcoin will get place in mostly countries as a legal currency in coming five year. And with time slowly bitcoin will become a unique currency of the whole world.

The last wave of bitcoins will be on year 2021 and after that, it is already anticipated that the value of bitcoins will increase further more since the supply will be limited so the best thing to do today is hold your coin and wait for the right time to sell it again in order to earn more profit in the future.

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In five years’ time, I think Bitcoin will make it bigger and better than it is today specifically regarding its financial development.it would be one of the recognized currency to be pay in the cafeteria, foodstuffs, any fare and many more. I see a future of fluctuations and acceptance of the bitcoin.

In five years bitcoin will be used by every country and even by the governments I think. The price will be increased and we might use it as a payment method in every domain of our life

In my head it just does not fit, it grows like my grandmother's trembling bread, the farther the more and tastes better, so I'm happy that Bitcoin has appeared in my life in the world economy as well, it is now very much stimulating our government!

For 5 years, bitcoin will go higher than its price now, im hoping it will become 100k$

It needs a lot of money to come in the Bitcoin economy before they can reach that amount and there will be lots of FUD that will make some supporter to waiver and back out from supporting Bitcoin.  As much as I am very positive with Bitcoin growth, I just think that $10k - $15k is realistic amount for Bitcoin after 5 years.

Five years ago, very few people would expect what happens today with bitcoin.
So it is also very hard for us to predict what will happen in 5 years.