i think that bitcoin has two possibilities in two years roadmap:
a) value near around 3000-7000$
b) value between 0 and 100$
..and what will be? nobody knows
a) value near around 3000-7000$
b) value between 0 and 100$
..and what will be? nobody knows
I pick a) but hard to believe Bitcoin would not reach $10,000 before stabilizing at $3,000-$7,000 within two years
i also think that second altcoin will be litecon... becaue bitecoin has one disadvantage - is not fast. i cant imagine the situation, that in restaurant i will pay with btc and then wait to 3 confirmations. this is the weakness of btc. so in my opinion is btc "gold" (fast and small transactions is not necessary) and litecon "silver"
next question is - what value would have usd in two years? inflation....
First of all you don't need 6 or 3 confirmations. Those are arbitrary numbers. 99.9% of time you 'll be fine with 1 especially for low amounts like a restaurant bill.
In any case for pos like starbacks even 0 confirmations will do the job. Of course some kids will try to take advantage and order a coffee and then double spend but it isn't worth the trouble anyway
While it may not be worth the trouble to you or me, I think to greedy corporations that don't want to incur any losses it might be a bigger deal which is why I'm not looking away from litecoins. That said tho, while we all would like btc to reach sky high levels, I don't see it going much higher than 2500-5000 in the next few years. then again I could be totally wrong tho since back in april I thought it would never go higher that 200$ lol
It might be a bigger deal but bitcoin will give them so much more that kids trying to double spend every now and they would be nothing. Also Litecoin doesn't solves the problem. Remember that 2 mins or 5 mins or 10mins are average times.
