what you think about bitcoin in like 5 years? - page 62.

poplolnman

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when talking about Bitcoin’s future then first people will think about the price and its excellent potential growth. but there are more important things, it’s the development conditions of Bitcoin itself. Even though Bitcoin shows a satisfying performance but there are still many things that can be improved, especially in terms of privacy and scaling.
hopefully in the next few years we’ll see the development of Bitcoin which will attract more users.

technology always develop faster , i even believe within 5 years bitcoin would give us a big surprise! i'm not talking about value bitcoin only here as it's too mainstream to bring that matter. but more to about how bitcoin adoption could be drastically Increases . it would be a well known currency , buy things with bitcoin wouldn't be a strange thing anymore etc.

salihno71

sr. member

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Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I would say that we will see at least one successful implementation of L2 technology which will address some of the issues and enable wider deployment of the bitcoin. I also believe that price will be somewhere over 20k$.

Simone18

member

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I can see that bitcoin price will be much higher 5 years from now and its going to be more popular. There will be more people who will invest on bitcoin and some of us will become rich if we hold our bitcoin starting today. I hope 5 years from now there will be more stores that accept bitcoin as payment.

no0dlepunk

sr. member

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Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

Oh man! I definitely agree with the raise percentage but somehow I don't think there would be bunch of forks... but if so, that would be lots of free money. I can't believe what happened to BTC Cash recently, and I am glad I had sold my bags before it crashed.

joekelly500

newbie

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Surely Bitcoin's value will skyrocket, today there's a lot of country legalizing Bitcoin, adopting to the technology and digital currency, then what more 5 years later. There will be tons of changes/upgrades might happen, like shopping using bitcoin, Bitcoin taxi, Bitcoin loan or even using Bitcoin as salary, there's a lot of possibility.

beezare

full member

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Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

bitcoin in 5 years is sure to keep going up and more and more people will be interested in bitcoin even though bitcoin prices sometimes go down but it will definitely stay higher than the current price

Ayaancool

full member

Activity: 308

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I hope in 5 years bitcoin ill get down.Because up to last 5 years it growth is unbelievable.On 2012 bitcoin price was only'' 0'' $ then after 2014 it get up to 1000 $ per one bitcoin and now it's up to 5667.80 $ for one bitcoin a huge growth was happened in this duration.In my thinking there is a possibility for a falling down of bitcoin price because for every sudden growth there is a falldown.This is only my speculation some times it may be in vice versa.

redfin31

sr. member

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not sure but i assumed it will be to 15k USD on the 5 years later, bitcoin will always grow and grow, so hard if we imagine bitcoin will back to 200 USD.

but if that happen bitcoin to 15k USD, we must to save most bitcoin from now for future Wink

Kuchiyose

full member

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Quote from: happyme1818 on October 16, 2017, 05:58:42 PM

I believe it will still grow after 5 years. There will be more hardforks to come and it is inevitable because of competition. 5 years from now Bitcoin will still be the #1 cryptocurrency in the world.

That right, there will be many changes over the next 5 years about what will happen with bitcoin and other altcoins

DoublerHunter

hero member

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Quote from: cotton ball on October 16, 2017, 06:59:27 PM

Quote from: Nagrogflaz on October 16, 2017, 05:57:31 PM

Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

for the next 5 years bitcoin will be increasingly known by many people and will be traded by many people too, but the price will be more stable and unlike now

what is the meaning of "stable" you are talking about? stagnant like fiat?

bitcoin prices will continue to skyrocket in the next 5 years, but the challenge will emerge from the government, I'm sure they will not easily accept bitcoin and try to fight with the use of crypto e-Fiat algorithm according to their respective country, the next 5 years will appear many things which we never thought of before, I think bitcoin will still exist even though many emerging competent competitors.

It is either the government will get into bitcoin or other cryptocurrency for working together or they will completely ban the cryptocurrencies and just stick with fiat and promote the fiat as a better option in doing transactions. 5 years is still a long way to go for cryptocurrencies and i believe that it has a higher chance to work together with the fiat system rather than getting disposed.

cotton ball

sr. member

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Quote from: Nagrogflaz on October 16, 2017, 05:57:31 PM

Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

for the next 5 years bitcoin will be increasingly known by many people and will be traded by many people too, but the price will be more stable and unlike now

what is the meaning of "stable" you are talking about? stagnant like fiat?

bitcoin prices will continue to skyrocket in the next 5 years, but the challenge will emerge from the government, I'm sure they will not easily accept bitcoin and try to fight with the use of crypto e-Fiat algorithm according to their respective country, the next 5 years will appear many things which we never thought of before, I think bitcoin will still exist even though many emerging competent competitors.

happyme1818

sr. member

Activity: 568

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I believe it will still grow after 5 years. There will be more hardforks to come and it is inevitable because of competition. 5 years from now Bitcoin will still be the #1 cryptocurrency in the world.

Nagrogflaz

member

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Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

for the next 5 years bitcoin will be increasingly known by many people and will be traded by many people too, but the price will be more stable and unlike now

Kray

hero member

Activity: 658

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Bitcoin can grow and its development makes it easier for people to use it so it becomes more easily to be accepted by the mass. so if Bitcoin development stays with it then its value will also increase. so in 5 years I think it’ll be more useful for more users.

Freedom24

hero member

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I'm sure Bitcoin has a bright future, last year Bitcoin just reached $ 700 and if we look back further to 2 years ago it was only 200$. Now it reaches $ 5000 and yesterday's fall also make the price of Bitcoin is still higher than in previous years.

vegito

jr. member

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If statistics regarding Bitcoin growth are correct, the Bitcoin userbase will have more than quadrupled. And this period of time is more than enough for another halving, so I would say Bitcoin will be worth more than 15 thousand dollars.

plucking23

member

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Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

btc in five years time I think for me will be successful. and might raise its value.
and days will come that people will be interested in it. but on the other side I can see that it can also cause something
out of it.

JaredStein

sr. member

Activity: 379

Merit: 251

Bitcoin is going to be fantastic in 5 years. The price is going to be extremely high and it is going to be very hard to buy Bitcoin, which will make the price be as high as it will be.

mozillaspez

full member

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Quote from: Sithara007 on October 07, 2017, 12:16:06 AM

Quote from: zeingrind777 on October 06, 2017, 11:36:16 PM

not sure what happened to bitcoin in 5 years ahead, because prediction is not always true. if hard fork rains fix bitcoin system, we pray for bitcoin to be better and the price goes up 300% from current price.

300% is a very moderate target, and that too in 5 years time. Compare that with the prediction made by John McAfee ($500,000 by 2020). But I guess your's is a more realistic target. We can't expect the Bitcoin prices to go up forever. At some point, it is going to hit the roof and stagnate. Or even, it can lose the competition to some other altcoin.

Government imposes the tax on the bitcoin holders or not. I believe it has been many years since bitcoin came into being and people started buying btc. Thing is that through some years, bitcoin’s price has grown up to the higher level of crypto. It looks like it will surely improve in next some years too.

MiBambino

sr. member

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Quote from: hieuho381 on October 15, 2017, 08:03:14 AM

Quote from: Lecam on October 15, 2017, 07:53:22 AM

Quote from: Jeffreyforce on September 17, 2017, 04:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I think that after 5 years bitcoin can still grow more, as you can see, the trend of bitcoin in the past year increased. More and more people are getting interested in bitcoin, so I think that bitcoin can still grow bigger in 5 years time.

Certainly banks will adopt Bitcoin because of the increasing use of Bitcoin, which is likely to increase Bitcoin's value over the next five years, and may reach very high prices. I think the Bitcoin market in the near future will grow as the price is now $ 6000

Banks will have to, otherwise they'll become obsolete. If they don't, it would be like the post office not adopting e-mail

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