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Author Topic: What is your opinion about Bitcoin in the future?  (Read 16053 times)

Offline Rasta99

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What is your opinion about Bitcoin in the future?
« on: July 31, 2020, 05:23:59 PM »
Do you think that bitcoin can be a substitute for money in the future and can bitcoin be authorized by all countries in the future?

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What is your opinion about Bitcoin in the future?
« on: July 31, 2020, 05:23:59 PM »

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Re: What is your opinion about Bitcoin in the future?
« Reply #1 on: August 01, 2020, 08:27:35 AM »
Do you think that bitcoin can be a substitute for money in the future and can bitcoin be authorized by all countries in the future?

I think yes dude, it is because based on the Bible in the book of Revelations that someday money will no longer be useful at all.
And I guess this digital currency will replaced by it then everything in the world will be pay via virtual money like this Bitcoin We are talking about now, but this was just based on my own understanding and opinion only.
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Re: What is your opinion about Bitcoin in the future?
« Reply #2 on: August 01, 2020, 03:33:49 PM »
Do you think that bitcoin can be a substitute for money in the future and can bitcoin be authorized by all countries in the future?
Yes, I think Bitcoin could be an alternative to money in the future. There was a time when there were no paper coins or virtual coins. Due to the change of era, people have started using virtual currency. However, people now transact online. Online transactions are very fast. I don't think bitcoin is a good alternative to online transactions. In this case the popularity of bitcoin is high. So people will use bitcoin to transact much more money in less time. So I think bitcoin could be a money option in the future.
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Offline comer

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Re: What is your opinion about Bitcoin in the future?
« Reply #3 on: August 01, 2020, 03:42:44 PM »
Do you think that bitcoin can be a substitute for money in the future and can bitcoin be authorized by all countries in the future?
there's a lot of challenges for Bitcoin to replace the FIAT system. I don't think BTC is ready for it. with the current economic system it will be hard for BTC to replace the fiat system. well BTC could be consider as payment for some transaction but to replace the whole system it would be very impossible for now.
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Offline Pegasus

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Re: What is your opinion about Bitcoin in the future?
« Reply #4 on: August 01, 2020, 04:29:41 PM »
Though I like bitcoin, I don't really think it could be a method of payment in the future. We are living in a world of the governments. If bitcoin crosses the red line and violates governments' benefit, they will kill it. I think a lot of people prefer the current situation, where bitcoin is a kind of gray market product and they can earn profit from buying and trading it.

Offline Rasta99

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Re: What is your opinion about Bitcoin in the future?
« Reply #5 on: August 01, 2020, 04:45:46 PM »
Quote from: lovesybitz link=topic=163388.msg894623#msg894623
I think yes dude, it is because based on the Bible in the book of Revelations that someday money will no longer be useful at all.
And I guess this digital currency will replaced by it then everything in the world will be pay via virtual money like this Bitcoin We are talking about now, but this was just based on my own understanding and opinion only.
Yes, I think so. Because payment using bitcoin is very easy. and the transfer fee is also very cheap.

Offline BitcoinBookmarks

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Re: What is your opinion about Bitcoin in the future?
« Reply #6 on: August 02, 2020, 02:32:53 AM »
I don't think that it will be popular answer, but while it's altcoin forum.... I'm sure that current btc chain will be replaced by other bitcoin fork
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Re: What is your opinion about Bitcoin in the future?
« Reply #6 on: August 02, 2020, 02:32:53 AM »


Offline wawan96

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Re: What is your opinion about Bitcoin in the future?
« Reply #7 on: August 02, 2020, 04:05:43 PM »
Do you think that bitcoin can be a substitute for money in the future and can bitcoin be authorized by all countries in the future?
I think it is quite difficult if bitcoin can be authorized by all countries because in many countries have rules and laws are different so it is difficult to bitcoin into major currencies around the world are different again if the regulations of all countries can change it all happened digital currency that could be legalized worldwide government's role could change everything to be authorized bitcoin worldwide.
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Offline Malam90

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Re: What is your opinion about Bitcoin in the future?
« Reply #8 on: August 02, 2020, 07:18:22 PM »
Do you think that bitcoin can be a substitute for money in the future and can bitcoin be authorized by all countries in the future?

Bitcoin can be a future method money if maximum countries will accept Bitcoin as a legal currency by law but as a nature of Bitcoin, the hope is fade. If government can control, they will legalize but maximum countries will not accept as a legal currency.

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We can't doubt this first cryptocurrency. I love Bitcoin so much because I know the potential of this coin? This s a worthy investment for short or even long term investment. Additionally, we can see how this price is increasing so much currently/ So I really feel sure that this coin will be successful more in the future.
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Re: What is your opinion about Bitcoin in the future?
« Reply #10 on: August 03, 2020, 12:57:41 PM »
ETH is about 3.4% of Bitcoin's price with ETH's market cap about 20% of BTC's market cap. If BTC goes to $550,000 to equal gold's market cap, to maintain 20% of BTC's market cap, ETH only needs to maintain 3.4% of Bitcoin's new price of $550,000. 3.4% of $550,000 is $18700 for ETH's price when BTC equals gold's market cap not $110,00
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Offline Cici Lee

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Re: What is your opinion about Bitcoin in the future?
« Reply #11 on: August 03, 2020, 02:42:40 PM »
After the first time of halving, the price of Bitcoin increased more than 100 times, and after the first time of halving, the price of Bitcoin increased more than 30 times. History doesn’t repeat itself — but it often rhymes.

Offline Quantum X

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Re: What is your opinion about Bitcoin in the future?
« Reply #12 on: August 03, 2020, 07:15:33 PM »
I believe in this too. Because bitcoin holds the fact that what the fiat can't which is the very need of every individual when it comes to fast transaction and security solved by bitcoin.

Offline I-Bit

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Re: What is your opinion about Bitcoin in the future?
« Reply #13 on: August 03, 2020, 11:23:46 PM »
There is always a chance that Bitcoin will be accepted by all countries in the world. The goal of Bitcoin is to be digital cash, so it is possible that someday Bitcoin can be the global currency and used by all countries in the world. But I think it won't be in the near future because there are many things that Bitcoin must be fixed first to make it accepted by all countries in the world.

Offline wahyudi

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Re: What is your opinion about Bitcoin in the future?
« Reply #14 on: August 04, 2020, 02:22:17 AM »
bitcoin will become an asset for our children and grandchildren in the future, the article which is now still storing bitcoin in the future will definitely get extraordinary benefits, because botcoin is predicted to continue to experience price spikes.

 

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