WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 115.

saiha

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Quote from: John Constantine on September 20, 2016, 04:15:06 PM

I'd like to see it happen, but it seems to be something really unlikely in such a period of time, although I think, due to the network effect, that's possible in less than a decade.

I guess this is not going to happen because 2016-2022 is still a short range of time that the people are going to use bitcoin completely.

But still we don't know what is going to happen but it is also possible that it is going to happen. And base on what is happening, bitcoins adoption and improvement is very fast.

And if this happens, then it is going to be a good even in bitcoins economy.

John Constantine

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I'd like to see it happen, but it seems to be something really unlikely in such a period of time, although I think, due to the network effect, that's possible in less than a decade.

Harlot

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Quote from: InsideBjorn on September 20, 2016, 10:22:16 AM

Yes I think it will be used by alot of people by then because the bitcoin infrastructure should be complete by then i guess.
And then more shops adopt bitcoin causing a massive increase in people that will use it.

Lets assume that the all the bitcoin is mined do you think everybody will be a part of that 21,000,000 BTC? I don't think so many people will hoard Bitcoin to control its price and sell it little by little just to take advantage of the higher price. Also I still don't think local businesses will entertain BTC as mode of payment because of the way their government runs things.

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Quote from: CloudStrife on September 14, 2016, 06:52:51 PM

I believe that a number around twenty-five percent of the world population would be a reasonable number, but certainly not everyone would be using btc in 2022.

Why ?? the prediction is really harsh for those who want to grow bitcoin economy , for me in that year more people are encouraging people to use bitcoin as a payment and it will be acceptable in any online store like supermarkets and their are lots of investors who are using bitcoin

InsideBjorn

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Yes I think it will be used by alot of people by then because the bitcoin infrastructure should be complete by then i guess.
And then more shops adopt bitcoin causing a massive increase in people that will use it.

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Quote from: noictib on September 20, 2016, 01:03:23 AM

Quote from: Endikadija on March 30, 2016, 12:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

i think in 2022 year about 100% of country's people will use the bitcoin . and another thing that you are saying it will destroy the fiat system of bank then i wilp say "no" because most of the people in the bitcoin world are only for bank money .

Are you insane? The world is really wide and for the range of 6 years is still not enough for the 100% of the people that are going to adopt and use bitcoin. There are a lot of depressed areas that doesn't have computer and internet connections either and if we are going to include that then that is not going to be 100% of worlds people.

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Quote from: Endikadija on March 30, 2016, 12:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

i think no, because of lack of technology in sone poor countries . it is not possible to use bitcoin . still some countries already banned bitcoin . but i hope your prediction should be right for 2022 .

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Quote from: Endikadija on March 30, 2016, 12:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

i think in 2022 year about 100% of country's people will use the bitcoin . and another thing that you are saying it will destroy the fiat system of bank then i wilp say "no" because most of the people in the bitcoin world are only for bank money .

Harlot

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Quote from: kim.apps on September 19, 2016, 09:32:48 PM

It would be nice, the globalization is occurring at a very fast rate right now , and btc will be the glue that sticks all countries together, in my opinion. Also people will be trying to get out of the fiat currencies they hold right now . They lose faith in their governments after a few economic crisis. This may happen, whether sooner or later...

No, it won't be a glue that sticks all country. Before start thinking that it can be a glue think about the governements first if they will allow a 2nd circulation of money. And fiat won't ever be replace by bitcoin as fiat is the basis of BTC's value. And almost everyone needs fiat as a mode of transaction as not everyone in fact only a few accepts btc. BTC needs to be recognized by law first in order to succeed in what you want with it.

kim.apps

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It would be nice, the globalization is occurring at a very fast rate right now , and btc will be the glue that sticks all countries together, in my opinion. Also people will be trying to get out of the fiat currencies they hold right now . They lose faith in their governments after a few economic crisis. This may happen, whether sooner or later...

greatr

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Quote from: sabbirshm on September 17, 2016, 01:12:02 PM

Quote from: freedomgo on September 17, 2016, 05:08:34 AM

Quote from: mrayazgul on September 17, 2016, 03:12:52 AM

Quote from: Carmen_Sandiego on September 17, 2016, 02:53:45 AM

It's a very optimistic view, but I believe that less than twenty percent of the total population will be using it in this year, and if it is above fifteen percent that's already a good number..

Yes, most people by the year 2020 will be using Bitcoin for sure.

What is your basis on your statement? No way it would happen that fast, 2022 is just 6 years from now and you expect to see people will adopt that fast considering the fact that we are just 1% or less of the total number of users here, don't make a statement that might mislead the others.

This is a funny question. people all over the world don't use bitcoin and some country's people don't hear the name bitcoin.So, it's impossible to use bitcoin for all people in 2022.

with bitcoin everything is possible to be honest and i think that all the people might use it, though the possibility is really small

dandroid

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We can not predict this, but I do not think it can be used by almost everyone in this year. It would take many more years to be accomplished that goal.

BeGoods

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Quote from: John Constantine on September 11, 2016, 11:00:44 PM

I think not, we need to give more time for the btc ecosystem to develop and achieve a greater number of people.

Lol of course we need a lot of time. I think 6 years from now is very little time for bitcoin can grow and spread. I think at least it takes 20 years to get to see bitcoin began to touch many countries. and I'm sure there are many users in bitcoin that year

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Quote from: Chrismeister on September 18, 2016, 08:05:12 PM

Yes I think the bitcoin will be used by a lot of people but not everyone, we have to keep in mind that there still will be other currency available so that is why it will not be used by everyone.
I think it has a good future and will be used by a lot for sure.

I agree it will be used by allot of people but it is just going to be impossible to be used by almost everyone in the whole world.
2022 is over a couple of years and Bitcoin can become allot bigger by then if it makes the right deals, like with amazon.

Chrismeister

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Yes I think the bitcoin will be used by a lot of people but not everyone, we have to keep in mind that there still will be other currency available so that is why it will not be used by everyone.
I think it has a good future and will be used by a lot for sure.

michelle1845

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It is not easy, but it's quite possible, if you see that the development of btc is improving, and also has a good place in the market. It probably will keep a lot of people interested.

trickshot22

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Quote from: dmarine on September 17, 2016, 07:06:57 PM

Certainly will not be used by everyone in the 2022 year, there are still many people resistant to innovations and new technologies , that is one of the reasons why they probably will not use it very soon...

thats true, it is impossible that in 2022 all people will actually be in bitcoins, there will be 20 per cent at most

Mr.grin

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I am pretty sure, in 2022 everyone their own bitcoin respectively. everyone would have to use bitcoin as a means of transaction at the time, because I think, at that bitcoin has been widespread and can be used anywhere, even in all countries, although I think that bitcoin will only be used as an alternative payment, but bitcoin has been accepted and has been used by the whole world

betlord90

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Quote from: Endikadija on March 30, 2016, 12:48:50 PM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

If such a person maybe only 50 % use bitcoin . Because we know that many people do not reach technology and many still do not know how the bitcoin use . So just a little bit also can not use it . Here we are in the village I just learned to bitcoin and hardship to teach about bitcoin .

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Quote from: bamboylee on September 18, 2016, 02:19:34 AM

Quote from: fravia on September 15, 2016, 06:54:37 PM

Quote from: BitsandBites on September 15, 2016, 04:54:41 AM

No bitcoin will not be used by everyone ever. It can reach a high percentage of people if it continues to grow but it can very easily fail aswell depending on future events.
For now it would be great if a little bit more people would use it so we could get more shops supporting it.

that is just bullshit mate, in my opinion it is really going to be possible in a few years if the adoption gets even faster than it is right now, and if it is not going to happen in a few years then i think that in a decade it is going to surely happen, that would be great for me

i think mass adoption is the best for all the holders who are planning to make some good money out of bitcoins with their investment because if the mass adoption would happen like that they would surely make a lot of money

i believe that in 6 years it is definitely possible that bitcoins will become really mainstream and it might even replace some of the currencies, that would be really great because the price of bitcoins would be really high then, i cant wait for this

Only time can tell which of you are correct. Of course it will be great for early adopters if bitcoin is being used by almost everyone because it will greatly affect the price of bitcoins. But if not, it will still be great because it means it still has a lot of space to grow and we can still make a lot of money from it trade wise.

The early adoptors will make a lot of money. But they also take big risk. You have to choose the right coin.

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