Where do you see bitcoin in 10 years - page 10.

phreaky

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Quote from: BitcoinHodler on March 13, 2016, 01:17:49 PM

in 10 years i see bitcoin be used by many people, more than what we can even imagine right now. also a lot of other services will add bitcoin as an accepted currency to their website.
also the price because of all that would be above $2000

Well it depends how it will come out. If bitcoin will have a good advertisement and more and more people start using it. I am sure the price would touch the sky.
It nothing happends then the price will probably stay around 200 dollars and go back to 1 dollar eventually.

BitcoinHodler

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in 10 years i see bitcoin be used by many people, more than what we can even imagine right now. also a lot of other services will add bitcoin as an accepted currency to their website.
also the price because of all that would be above $2000

uki

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Quote from: gentlemand on March 12, 2016, 02:56:41 PM

Quote from: newcoins1978 on March 12, 2016, 02:50:39 PM

Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.

No retail bank has ever or will ever launch its own currency. That's not what they door what they're permitted to do. Blockchain technology will be used to make fiat usage slicker.

I also see things going into that direction. Adopting a bitcoin-like currency is still too difficult for a non-tech average Joe.

fkvidar

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Quote from: Mr. Big on March 13, 2016, 04:23:12 AM

It depends, if there is a good progress in it's technology, probably we will be seeing a good adoption in many countries, but if certain problems arises again in the coming years and developers just let it, then its like a cancer, it will it up the whole system and probably bitcoin would be just another altcoin that vanishes..

Its not that easy that bitcoin will simply disappear in future, as we can expect it will be more powerful and popular in future as we will find more users investing their money into bitcoins, so I think it will be a more strong currency.

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It depends, if there is a good progress in it's technology, probably we will be seeing a good adoption in many countries, but if certain problems arises again in the coming years and developers just let it, then its like a cancer, it will it up the whole system and probably bitcoin would be just another altcoin that vanishes..

nostal02

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Quote from: Kollor on March 13, 2016, 12:01:52 AM

In 10 years, most probably bitcoin would be in its almost perfect form, with fast transaction and maintaining its anonymity and decentralization...that would attract more and more investors to adopt it..

I believe that the devs are putting their strength to fix all know issue about bitcoin and if they can do that then no doubt that bitcoin will be perfect and will be used all around the world,lets just hope that the government wont do drastic measure about it.

Junko

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As far as bitcoin/blockchain technology, I think there will be many more apps and uses developed that will be useful to both the financial industry as well as for the common private users.

I think it will be similar to how the internet evolved from its early years of not that many maintream uses initially, to what it has developed into over the years. And just like the internet, there will be incredible uses and apps that no has even thought about yet. When the internet first came out who would have thought we would have or be able to do things we can do with it today?

Regarding bitcoin the currency, I think it will follow along with the technology. Meaning as more and more uses and apps are developed from the technology, bitcoin the currency will become more significant and valuable as a result.

Kollor

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In 10 years, most probably bitcoin would be in its almost perfect form, with fast transaction and maintaining its anonymity and decentralization...that would attract more and more investors to adopt it..

romero121

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Quote from: newcoins1978 on March 12, 2016, 02:50:39 PM

Quote from: quadriple7 on March 12, 2016, 02:13:19 PM

Quote from: Kerzic on October 20, 2015, 11:32:14 AM

I see it ran by a bank, What do you think?

bitcoin bank, hmmh, i don't think that there would be any use from bitcoin bank

i think that bitcoin will be everywhere, in stores of course, would be nice to go to grocery store and pay with bitcoins instead of money, like alternative money

Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.

Eventually making their own bitcoin won't be successful. The new coin getting created will not be a decentralized one. It would be controlled by the banking corporates. This will grow to a standard value.

fravia

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i believe that bitcoin will be way more popular than it is now though thats just hopes that might possibly be very incorrect

whatever will happen i will be with bitcoins and i hope that nothing will replace it as it is the future of all money

gentlemand

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Quote from: newcoins1978 on March 12, 2016, 02:50:39 PM

Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.

No retail bank has ever or will ever launch its own currency. That's not what they door what they're permitted to do. Blockchain technology will be used to make fiat usage slicker.

newcoins1978

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Quote from: quadriple7 on March 12, 2016, 02:13:19 PM

Quote from: Kerzic on October 20, 2015, 11:32:14 AM

I see it ran by a bank, What do you think?

bitcoin bank, hmmh, i don't think that there would be any use from bitcoin bank

i think that bitcoin will be everywhere, in stores of course, would be nice to go to grocery store and pay with bitcoins instead of money, like alternative money

Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.

quadriple7

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Quote from: Kerzic on October 20, 2015, 11:32:14 AM

I see it ran by a bank, What do you think?

bitcoin bank, hmmh, i don't think that there would be any use from bitcoin bank

i think that bitcoin will be everywhere, in stores of course, would be nice to go to grocery store and pay with bitcoins instead of money, like alternative money

n0ne

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Quote from: richardsNY on March 11, 2016, 05:14:41 PM

Quote from: Laosai on February 26, 2016, 09:18:20 AM

Quote from: n0ne on February 23, 2016, 05:55:05 PM

The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.

What?
Oh god no! You can't say that!!!
I hope that no bank will use btc! Banks shouldn't use btc, why would we need banks if we got btc?!?!?

With the technology of Bitcoin he means the blockchain, and not Bitcoin the coin. But you don't have to worry about banks adopting Bitcoin. It won't happen as Bitcoin is something they can't control. They will either keep doing their business like they are doing now, or they will just release their own form of digital currency.

Exactly said, Sorry for the confusion. I was indicating the blockchain technology. This technology will be adopted by banks in future.

richardsNY

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Quote from: Laosai on February 26, 2016, 09:18:20 AM

Quote from: n0ne on February 23, 2016, 05:55:05 PM

The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.

What?
Oh god no! You can't say that!!!
I hope that no bank will use btc! Banks shouldn't use btc, why would we need banks if we got btc?!?!?

With the technology of Bitcoin he means the blockchain, and not Bitcoin the coin. But you don't have to worry about banks adopting Bitcoin. It won't happen as Bitcoin is something they can't control. They will either keep doing their business like they are doing now, or they will just release their own form of digital currency.

Bitcoinbro

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Quote from: Biscutard on March 11, 2016, 10:30:18 AM

In 10 years, the bitcoin price will be around $15,000. It will be one of major reserve currencies in the world then.

No way. The price will be stable maybe around the 3k.
Then a lot of merchants will accept it and bitcoin has become mainstream. Or even better it has become the standard in online payments.

Biscutard

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In 10 years, the bitcoin price will be around $15,000. It will be one of major reserve currencies in the world then.

Laosai

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Quote from: n0ne on February 23, 2016, 05:55:05 PM

The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.

What?
Oh god no! You can't say that!!!
I hope that no bank will use btc! Banks shouldn't use btc, why would we need banks if we got btc?!?!?

Lutzow

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It's either there's a new king of crypto sending bitcoin price to less than a $100 or bitcoin evolved to be the best platform there is causing its price to push to $1000.

diegz

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In 10 years, I don't see myself busy with bitcoin, but to answer OP's question and statement, I really think that the concept of decentralization will be gone after 10 years..

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