Where do you see bitcoin in 10 years - page 9.

armansolis593

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Quote from: Hirose UK on March 17, 2016, 06:53:28 AM

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

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

I don't think so. you know, people who know bitcoin keep refusing bank system, so what will make banks can take control of bitcoin? why do we need banks with all of its bad sides while we can create our own bank?

Ever since the economic crisis hits the banks thats when people start going to bitcoin since banks are retards.
Having no rules with your money is the best with bitcoin.

Hirose UK

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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?

I don't think so. you know, people who know bitcoin keep refusing bank system, so what will make banks can take control of bitcoin? why do we need banks with all of its bad sides while we can create our own bank?

alisafidel58

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Quote from: talks_cheep on March 17, 2016, 04:42:52 AM

1 Btc = $100 Million US

Impossible? No.

Preposterous? Hell yeah.

1b/100$ million in 10 years time?..
I doubt that this would happen this is really impossible man.
In 10 years bitcoin might only price at 1000-3000 per bitcoin.

talks_cheep

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1 Btc = $100 Million US

Impossible? No.

Preposterous? Hell yeah.

talkbitcoin

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All I know is that I know nothing.

predicting ten years into the future is not an easy task, especially predicting bitcoin's future which is not clear in 1 year.

but i am sure that if some of the current problems like the block size debate and some possible future problems gets solved fast, then bitcoin can easily be used by majority of people all around the world.

trenchflaint

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I see bitcoin in 10 years as the number 1 payment system that is used globally.
All big companies have adapted bitcoin and most supermarket will also have bitcoin payment when you buy grocery.

zencomp

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i am seeing Bitcoin being accepted in 80% of the country and Bitcoin is used just like fiat currency for daily uses , Then think what will be the price of bitcoin at that time. Price is something we cannot tell but technology getting successful and accepted widely gives the success.

uki

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Quote from: LMGTFY on March 16, 2016, 07:10:40 AM

Quote from: diegz on March 16, 2016, 07:02:16 AM

Quote from: eddie13 on March 15, 2016, 04:56:33 AM

It will be everywhere!!

Well, it depends upon those people who are using it, If it continues to be used as a tool to finance an illegal activity, I guess, we will not be known everywhere, as governments would do their best not to be laughed by criminals, and probably one of their actions is to ban bitcoin..

Tool to finance illegal activity, you say?

Quote

At the height of the 2008 banking crisis, Antonio Maria Costa, then head of the United Nations office on drugs and crime, said he had evidence to suggest the proceeds from drugs and crime were "the only liquid investment capital" available to banks on the brink of collapse. "Inter-bank loans were funded by money that originated from the drugs trade," he said. "There were signs that some banks were rescued that way."

yep, the argument about the usage of Bitcoin by criminals is often raised by the opponents of Bitcoins or by banks who want to defend their position. The similar argument was recently used in the discussion against 500€ notes and about decreasing the height of the cash transactions.

Fabrizio89

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I'd say somewhere around 7000$ would be adequate if things continue to go well and serious innovation is brought in this space

silentkiller

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i see it as the only payment method that will be use on the internet,and all the other payment option just like paypal will be patnering bitcoin as one.

RoommateAgreement

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Bazinga!

it will depend on what happens this year. i am talking about the decission bitcoin developers have to make about the block size drama which has been going on for a very long time.
if it is fixed, bitcoin can move forward, otherwise it is unclear what can happen.

LMGTFY

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Quote from: diegz on March 16, 2016, 07:02:16 AM

Quote from: eddie13 on March 15, 2016, 04:56:33 AM

It will be everywhere!!

Well, it depends upon those people who are using it, If it continues to be used as a tool to finance an illegal activity, I guess, we will not be known everywhere, as governments would do their best not to be laughed by criminals, and probably one of their actions is to ban bitcoin..

Tool to finance illegal activity, you say?

Quote

At the height of the 2008 banking crisis, Antonio Maria Costa, then head of the United Nations office on drugs and crime, said he had evidence to suggest the proceeds from drugs and crime were "the only liquid investment capital" available to banks on the brink of collapse. "Inter-bank loans were funded by money that originated from the drugs trade," he said. "There were signs that some banks were rescued that way."

diegz

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Quote from: eddie13 on March 15, 2016, 04:56:33 AM

It will be everywhere!!

Well, it depends upon those people who are using it, If it continues to be used as a tool to finance an illegal activity, I guess, we will not be known everywhere, as governments would do their best not to be laughed by criminals, and probably one of their actions is to ban bitcoin..

eddie13

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BTC or BUST

It will be everywhere!!

MaritiJames3

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Quote from: uki on March 14, 2016, 09:22:14 AM

Quote from: BitsandBites on March 13, 2016, 04:13:24 PM

In 10 years bitcoin should have reach a price around 3k.
And it should be adopted by all the big webshops in the world. I guess it will be a legal tender in 99% of the world too.

If everything goes well. If not, then I am not sure we keep the current price level.

Right now its not to predict if I'm honest because its just a matter of time before it will unwrap itself and its maybe more predictable.
The coming 10 years will be good for the bitcoin, for the price and also the fact that a lot more user will be using the bitcoin for sure.

uki

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Quote from: BitsandBites on March 13, 2016, 04:13:24 PM

In 10 years bitcoin should have reach a price around 3k.
And it should be adopted by all the big webshops in the world. I guess it will be a legal tender in 99% of the world too.

If everything goes well. If not, then I am not sure we keep the current price level.

BitsandBites

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In 10 years bitcoin should have reach a price around 3k.
And it should be adopted by all the big webshops in the world. I guess it will be a legal tender in 99% of the world too.

uki

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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

A lot depends on the efforts spent on adoption of Bitcoin. If the majority of action in Bitcoin will be focused on pump and dump, then after some time people may simply get bored, and there will be not enough new people coming in to sustain further growth. Therefore, I would be careful with such a prediction. Yes, Bitcoin has a lot of potential, but that does not mean a guaranteed growth in the next ten years.

newcoins1978

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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

I think the bitcoin will be a lot bigger than every before globally, another thing what I see happen in 10 years is that big company's has stepped in.
Also most likely the price will be higher and stabler in my opinion.

makingwin1

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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

i agree with your opinion that most people will use it by that time though i cant agree with the fact that it will reach such price so soon

most probably it will be somewhere at 1000 as even now the price is pretty big even though there are not too much people interested in it

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