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Topic: What the future holds for bitcoin (Read 673 times)

blckhawk

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Re: What the future holds for bitcoin

October 01, 2020, 02:50:20 PM

#81

Quote from: affandi on September 30, 2020, 11:50:31 AM

we will still need cash, the supply of bitcoins may not be sufficient to serve as the perfect medium of exchange for the whole world. I have never doubted the credibility of bitcoin, but for me, bitcoin will remain an alternative currency for its users (whether it is used as an investment asset or as a means of payment)

Having the same thought. Though probably soon the use of Cryptocurrencies will be mainstream this still won't replace fiat, the fact that these crypto coins are too volatile to use for commodities.
I believe that crypto especially Bitcoin would be much better to use as an asset rather than just a normal currency. I am having a thought that this might confuse the users if it will be used as a medium of exchange. Being an alternative currency could be an option I'd say.

Wel27

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Re: What the future holds for bitcoin

October 01, 2020, 03:39:58 PM

#82

Hellp its me back again, i have no assurrance if I can go by using this new account since i love and i am fan of btc.Im finding a way how to join this forum again,so goodnews am here and back again.Btc is very unique and good investments.You have the control of your money and account.

lumeire

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Re: What the future holds for bitcoin

October 01, 2020, 04:12:13 PM

#83

Quote from: azmirihaque on October 01, 2020, 03:47:46 PM

Really it's the best time to accumulate bitcoin. Popularity and acceptability is increasing day by day. As it's demand is increasing, its value is also increasing. It is expected that bitcoin value will much more higher than the present time in the future. So, it is good idea to increase the bitcoin amount to earn a lot of profit in the future.

That is the same that people thought back when the price touched $20k that bitcoin is easily gonna reach more than $30k or more, but that bubble for burst and this time around too the situation is also same where the number of buyers are decreasing along with the support in the charts and the selling pressure is increasing now so i guess The price is going to go down, so it will be better to wait and see the price action for now and when the price falls then to buy Bitcoins and fill up the bags for a new pump.

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int03h

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Re: What the future holds for bitcoin

October 02, 2020, 01:10:18 AM

#84

Bitcoin is becoming a reserve of assets and people are actively buying into Bitcoin because of its liquidity effect globally.
I believe that bitcoin will become globally legal in the future and have a higher value.
But to achieve that takes the effort of individuals in the community for bitcoin to be regulated and included in the framework.
It is necessary to eliminate scammers, those who manipulate this market.

carlisle1

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Re: What the future holds for bitcoin

October 02, 2020, 01:30:49 AM

#85

Quote from: Wel27 on October 01, 2020, 03:39:58 PM

Mind telling us what happen to your account?and why does it took you long before coming back again?
sorry but are you banned from Bitcointalk.org?if yes then you must not posting outside Meta.

Quote from: lifeforcepools on October 01, 2020, 03:52:37 PM

Whatever happens to bitcoin in the future, I'm ready for it. Ready to get rich or forget about bitcoin forever. Ready for anything.

Looks like all the Money you invested inside this market are those amount that you can afford to lose?and that's good because you will never panicked when there are a bad changes in market prices.

Dorodha

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Re: What the future holds for bitcoin

October 02, 2020, 12:53:41 PM

#86

The future of Bitcoin is far better and it'll become more popular worldwide. it's no government or institution huge populations round the world are circulating these currencies through a sort of secure network. nobody may be a important person most are equal just a node within the network. This coin will go from buyer to seller directly with none intermediary safely and surely the longer term will become more remote in terms of transactions.

worldofcoins

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Re: What the future holds for bitcoin

October 02, 2020, 03:46:56 PM

#87

Quote from: Ebede on September 24, 2020, 09:20:53 PM

BTC is gradually gaining its grounds in the financial institute. Most people prefer using bitcoin as a medium of exchange. Before the advent of bitcoin local and foreign currencies were the only means of financial transactions. Currently BTC has gone beyond bothers and has also made transactions safer and faster without much stress of converting from one currency to another. From my own opinion its a better way of accumulating wealth and secure a perfect future of cashless policy

The future of bitcoin holder will be bright as long as they believe in the market and do no sell their coins.
Bitcoin's price is stable since July and there are huge chances of increment.
All the cryptocurrencies are volatile but still, some people take the risk and earn money.
The first-ever rule of bitcoin is "patient" as long as you hold your coin you'll take more benefits.

Maroons

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Re: What the future holds for bitcoin

October 02, 2020, 05:22:12 PM

#88

Quote from: int03h on October 02, 2020, 01:10:18 AM

I mean honestly it is given that bitcoin's future will be a better one compare to now, its acceptance is increasing day by day and i am seeing it with my own eyes and what we need to do or our path to make bitcoin globally accepted and known is to educate more people about it not just for them to know it but also because just like what you said "scammers", i have seen news about people getting scammed via cryptocurrency specifically bitcoin and what happens is the scam word is being partenered with bitcoin that its like when its bitcoin its a scam right away and we need to get rid of that thing that is clearly happening all around the world.

3meek

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Re: What the future holds for bitcoin

October 03, 2020, 06:26:00 AM

#89

I also hope that bitcoin will become popular in the masses and it can be paid in Macdonalds... Wink

But this requires the development of the protocol itself, with reduced commissions and increased bandwidth...

Altryist

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Re: What the future holds for bitcoin

October 03, 2020, 07:20:43 AM

#90

Quote from: 3meek on October 03, 2020, 06:26:00 AM

I also hope that bitcoin will become popular in the masses and it can be paid in Macdonalds... Wink

But this requires the development of the protocol itself, with reduced commissions and increased bandwidth...

I think bitcoin will be a good investment asset in the future. There is doubt about that Bitcoin will become popular among the masses. Because fees and transaction processing speed make this impossible. I dont think that anything can change in the future.
I also assume that in the future the price of bitcoin will rise very well and all holders will be well rewarded for their investment in bitcoin. My opinion is that bitcoin will be a very good investment asset in the future.

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Jimbo Abu

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Re: What the future holds for bitcoin

October 03, 2020, 12:37:37 PM

#91

Bitcoin's future is bright. And I think holding bitcoin for long term is very profitable. As of now, bitcoin keep changing and many people using it for online transaction/cashless and bitcoin can use in many ways and it is easy to use.

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kevinzxz

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Re: What the future holds for bitcoin

October 03, 2020, 03:32:41 PM

#92

Quote from: Ebede on September 24, 2020, 09:20:53 PM

I agree with you, because Bitcoin improves the world's financial system by providing very fast and easy transactions, so that we can send money to other countries easily and of course at a low cost, therefore I am sure Bitcoin will become one of the currencies world in the future, so my advice is that we better invest in Bitcoin right now, because I believe the price of Bitcoin will definitely increase very high in the future and give you a very big profit.

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ichi

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Re: What the future holds for bitcoin

November 24, 2020, 04:48:01 AM

#93

Bitcoin is independent of the rat race. At the point when individuals figure out how to utilize it is sure that they keep on exchanging for different purposes. They will most likely consistently have Bitcoin in their wallet. Why not exploit the way that it is the principal dynamic crypto in the market to make it more usable?.

While we are experiencing this worldwide wellbeing emergency, Bitcoin has assumed a significant job with regards to moving assets without outskirts.
For these and for some reasons, Bitcoin has been valuable to give convenient reactions that would have been hard for customary financial frameworks.
IMO Bitcoin has a promising future.

soetikno

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Re: What the future holds for bitcoin

November 24, 2020, 04:52:13 AM

#94

In the past, bitcoin was used as a medium of exchange, for example, pizza was exchanged for bitcoin, but getting more advanced bitcoin is a distinct advantage for its holders because of its increasing value

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angrynerd88

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Re: What the future holds for bitcoin

December 15, 2020, 11:04:37 PM

#95

Bitcoin picking up its objective of why was made for. The complete world moving into digitalization, so as a portion of this Bitcoin has been getting to be more prevalent and spendable day by day. On the off chance that you say picking up steadily within the monetary established at that point I wouldn't concur, Bitcoin isn't an establish cash, and it's completely decentralized. May be people preferring bitcoin as a medium of trade since most people groups within the world do not know approximately Bitcoin still presently.

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MCobian

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Re: What the future holds for bitcoin

December 15, 2020, 11:45:02 PM

#96

If you look at the Bitcoin price starting to rise back above $ 19,000, this is an indication that Bitcoin will try to get past the resistance price
at $ 20,000. So the best decision right now in my opinion is to hold Bitcoin that we have, because if it gets past the $ 20,000 price there will
be a pump. And it's possible that Bitcoin price could reach a price of $ 22,000. So now is indeed a crucial decision that we have to make, if we
believe in the future of Bitcoin. Should not hesitate to hold Bitcoin.

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SmokerFace

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Re: What the future holds for bitcoin

December 16, 2020, 09:28:30 AM

#97

Quote from: DeadCoin on December 16, 2020, 08:32:30 AM

The volatile worlds of Bitcoin might be back to normal, there is a possibility that many entrepreneurs are cited for investment due to the price are rapidly increase

I know some people who bought at 19k 2-3 years ago in the hope price will peak above 50k USD but it didn't happen there's a good possibility of it happening now.

Luzin

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Re: What the future holds for bitcoin

December 16, 2020, 12:23:45 PM

#98

Quote from: Jimbo Abu on October 03, 2020, 12:37:37 PM

I'm just guessing there will be a lot of adoption regarding the technology. This is because the level of trust is increasing. Even though the scalability problem is a drawback, because the transaction process gets slower as there are more users. However, because bitcioin has special value, the price will tend to rise.

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Sithara007

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Re: What the future holds for bitcoin

December 16, 2020, 12:50:24 PM

#99

Quote from: SmokerFace on December 16, 2020, 09:28:30 AM

Quote from: DeadCoin on December 16, 2020, 08:32:30 AM

The volatile worlds of Bitcoin might be back to normal, there is a possibility that many entrepreneurs are cited for investment due to the price are rapidly increase

I know some people who bought at 19k 2-3 years ago in the hope price will peak above 50k USD but it didn't happen there's a good possibility of it happening now.

Well.. I personally know someone who purchased Bitcoins for 15K per coin in 2017 December. He never listened to me and sold the coins at a heavy loss sometime in 2018 (when the prices were around $5,000 per coin). Even among my friends, I know many who sold their coins in 2018 and 2019, when the correction phase was ongoing. They must be regretting now.

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sapnu

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Re: What the future holds for bitcoin

December 16, 2020, 01:30:29 PM

#100

Quote from: SmokerFace on December 16, 2020, 09:28:30 AM

Quote from: DeadCoin on December 16, 2020, 08:32:30 AM

The volatile worlds of Bitcoin might be back to normal, there is a possibility that many entrepreneurs are cited for investment due to the price are rapidly increase

I know some people who bought at 19k 2-3 years ago in the hope price will peak above 50k USD but it didn't happen there's a good possibility of it happening now.

If you really bought some bitcoins a long time ago and you hold them for a long time until now, or even add some when it experienced a downfall. That might be a good value as of now since the price of bitcoin already rising up and continue rising up. We are all hoping that the price will reach its highest peak before the year ends, just like what happened in 2017. Investing in bitcoin is a really good idea but with knowledge and understanding because you can't just put your money without knowing the important things to consider before investing.

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