Bitcoin will just float in the digital world forever..no matter how many new crypto projects coming up that has more or greater technology than bitcoin,for me it would never disappear.bitcoin would be like a ANTIQUE artifacts of the digital currency world.people may not care about it but it will never be forgotten..
Bitcoin isn't antique and there aren't any other crypto currencies with better underlying technology. The thing that people fail to understand is that the mass isn't using all the fancy features other crypto currencies offer. People just want to transact with the outside world, and that as quick as possible, and as cheap as possible. In other words, the technology isn't really a big deal in this case. The only thing that matters is that Bitcoin is by far the most secure and powerful network, has the best developers working on it, the largest and wealthiest ecosystem, etc. On top of that, you can test lightning network for yourself to see how fast and cheap it is to transact off-chain. It is a perfect adoption stimulator.
One day when last bitcoin miner die bitcoin will see its end, will it happen in 50 years? 100 years? When I think about it I realize that technology is advancing with great speed and maybe we don`t expect some things, but they will happen anyway, whether we like it or not. Bitcoin needs miners and as long as miners exist, bitcoin will be with us, its clear as a sunny day!
Analyst Saxo Bank Kay van Petersen believes that in the next ten years, each bitcoin unit will cost $ 100,000. It was van Petersen who correctly predicted the achievement of a crypto-currency mark in 2000 dollars in 2017. In May, discussing the long-term future of the currency, he said that "the crypto-currencies will not disappear anywhere."
Others who justified the future price for bitcoin were Vinces Casares, CEO of the crypto-money purse Xapo and a member of the board of directors of PayPal. At the conference Consensus 2017, held in May in New York, he predicted that the cost of bitcoin would reach $ 1 million in 10 years.
These are just a few of the most varied examples of the direction of the cost of bitcoin in the next decade. Given the pace of its growth, anything is possible. The fact that the digital currency is widely used around the world as a trading asset or a means of payment proves its usability and growing predominance. For those wishing to advance in the financial world, bitcoin is a suitable solution. It is also a solution for those who live in countries with weak economies. It will continue to grow while the demand for it continues. And with the growth in its value, the same will be the forecasts for the future price.
In 10 years I expect this market to be near or at full potential! I believe in bitcoin, but with this kind of topics we need to be imaginative, when we start a question `what if...` many things can fall our minds. Cryptocurrencies are here to stay, but which ones? And what if some new technology outshine blockchain? Is that possible? It is, to repeat myself again technology is advancing, now we have blockchain, but `what if..` in near future we see some circle-chain!? With better performances, higher speed, adjusted for new and more advanced equipment? You think its impossible? Think again my friends.