future What's Going to Happen With Bitcoin?

[Noob890 0]

 We can say that he has overcome all the difficulties he has suffered and proved his existence. In the future, these characteristics may develop more and more when Bitcoin is accepted in the world and governments cooperate.

[Amir Vao 341]

On 10/8/2019 at 3:51 AM, isaa said:

Sabrina T. Howell

Assistant Professor, Finance, NYU Stern School of Business & NBER

Bitcoin represents a watershed in the development of digital assets: It was the first decentralized currency that managed to prevent cheating (often called the “double spend” problem), encode rules for creating new currency, and incentivize participants (“miners”) to maintain and secure the historical record of transactions. This is a breakthrough in record keeping that is not about any one currency—and there are now thousands of cryptocurrencies. It’s about the underlying decentralized, tamper-resistant record keeping technology of blockchain.

My answer to “What’s going to happen with Bitcoin?” is that I have no idea. Bitcoin faces many challenges to widespread use, including the fact that it can handle just 7 transactions per second, while Visa can handle 10,000. However, if the main miners adopt a protocol update enabling higher volumes, it’s not impossible that Bitcoin will become much more widely used. Today, it is mostly a speculative asset, a tool for money laundering, and a currency of last resort for people in countries with grossly mismanaged currencies, like Venezuela.

The bigger picture is that blockchain will affect all sectors that rely on secure data transacted among many participants, which is basically all sectors. This fall Walmart’s leafy green suppliers will be required to use the IBM blockchain built for supply chain logistics. This is not an accident, because leafy greens are often the site of food borne illnesses and the cause of expensive recalls. When each package is on the blockchain, managers will be able to source the problem to the farm in seconds rather than weeks, and discard only the packages from the problem farm. I believe that healthcare, financial services, and real estate will also see their data shift to blockchains.

https://gizmodo.com/whats-going-to-happen-with-bitcoin-1837940506

In my point of view bitcoin has a great future. I think it will be our future currency. Because it's based online currency. And we know that our current system will replace by online currency.

[George10 9932]

Bitcoin will definitely continue gaining popularity each day and this is one of the things that will keep bitcoin on the market for many decades to come and at the end it will become legal globally that's just my opinion thanks.

[gkapoxm 84]

The same thing that is happenign with every other asset in the world like stocks and even gold, the crisis is happening and people are selling everything for cash liquidity.

[DavCrypto 298]

Recent years have seen investors and traders worried about the price forecast for bitcoin, as the price of the digital asset has been very unstable and very difficult to predict. A year after the market slumped in 2018, Bitcoin made a few bullish trends in 2019, followed by a bearish move.
All of that we should benefit from in anticipating the next, which in my opinion is a sudden rise soon.

[Dmasked 1840]

Bitcoin is the first crypto currency. It was launched as a beginning point of a new digital asset so it has its flaws as a currency for transactions. There are other crypto currencies that are launched with the purpose to be a currency and can handle many transactions in a minute. So bitcoin can exist as a benchmark for other crypto and as an holding and trading asset where as other crypto can act as a currency for transactions.

[deepown 0]

22 hours ago, gkapoxm said:

The same thing that is happenign with every other asset in the world like stocks and even gold, the crisis is happening and people are selling everything for cash liquidity.

Let people sell everything, but i advice them to buy crypto, because crypto will be the first market to recover.

[Kennor 1]

I think, it will have a long life. But I don't expect much raise in price. We don't have hype for that and any basic reasons.

[Ridam 7455]

The Bitcoin is fluctuating and the price will go high for some time and would come down and if we are able to take benefits of the volatility then it would be great and helpful for us.

[Thekingcallme 1975]

I don't think that Bitcoin will happen to him big thing except that it will evolve and be expanded and adopted in other countries as well as its high price.

[Saj555 2250]

. 

Bitcoin will one day rule over the trading system  i assume. Because the popularityand the positive vibes that it is getting day by day is quite impressive. And also the price of cryptocurrencies are also going in a good direction. One day bitcoin will be legal for all country trading. And till then it is quite impressive to see how it grows. 

Edited May 23, 2020 by Saj555

[Sajjad noori 53]

Technical analysis shows this in the annual time frame

[Moaz 7239]

The world of crypto is developing every day, and there are some banks and international companies that will rely on blockchain technology in their financial transactions because it is 100% safe and this is positive for crypto users, and I believe that the future of Bitcoin will be good and it will be the currency of the future.

[Jagxtur 2]

In future Bitcoin will be what Gold is now.

The perfect store of value.The benefits are amazing and more and more grown up people get affected with crypto.

[joaquin 113]

I hope it will drop in price these years, in order to buy 1 btc and when it goes up again it would be with a lot of money, but it depends on how the bitcoin goes, I think it will centralize one of these years.

[yonnitox3 4]

Open interest in Bitcoin options reached its all-time high of $ 2.14 billion on September 24, a day before a huge quarterly expiration of 89,100 contracts, that is, 47% of the option contracts in existence at the time. Options are derivative contracts that give the holder the right (but not an obligation) to buy or sell an underlying asset at a predetermined price, also known as the "strike price."

 

 

 

 

Open interest in Bitcoin options reached its all-time high of $ 2.14 billion on September 24, a day before a huge quarterly expiration of 89,100 contracts, that is, 47% of the option contracts in existence at the time. Options are derivative contracts that give the holder the right (but not an obligation) to buy or sell an underlying asset at a predetermined price, also known as the "strike price."

 

 

 

 

[sofiaqq 25]

Nothing ensures that it will happen with Bitcoin, the most optimistic say that it will rise a lot, but the least say that it will disappear, the truth is that the only thing we have are estimates.

[Poker888 31]

Bitcoin (BTC) is known as the first open source and peer-to-peer digital cryptocurrency developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Bitcoin does not have any centralized server used for its issuance, transactions and storage, as it uses a distributed network public database technology called blockchain, which requires an electronic signature and is backed by a proof-of-work protocol to provide the security and legitimacy of monetary transactions. The issuance of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. Currently, the market capitalization of Bitcoin exceeds $ 138 billion and this is the most popular class of digital currency. The purchase and sale of cryptocurrencies is available through special Bitcoin exchange platforms or ATMs.

 

[JuanBerbesi23 199]

On 2/19/2020 at 2:22 AM, Sohail801 said:

As we all know that Bitcoin is the leading coin in the market. Now it has become the brand of the market. And the people who are interested in crypto. The first name that comes in their mind is Bitcoin. So i think sometime it will go down sometime it will go up. But it will remain the leader in the market. i have good hopes.

Since its inception it has always been number one in the ranking of cryptocurrencies, its volume is quite large and many high coins depend on their price.

[Joli72 18]

What is going to happen with Bitcoin is that little by little it will be more accepted internationally, the new economy will become the most popular cryptocurrency in the cryptocurrency market.

[Billalkhan6712 82]

The best cryptocurrency is Bitcoin. Bitcoin in crypto currency can easily make a lot of money. Bitcoin can make a lot of money working in a short time. Thank you for sharing this with me

[nakagil 35]

I think that today, bitcoin is one of the strongest and most popular currencies on the market, so I think it will remain firm for a long time, of course, the cryptocurrency market is very changeable, but bitcoin has already generated a trust in its users and as long as there is supply and demand, bitcoin has a great future.

[Humberto Alvarez 11]

It will be possible. Now you can see there is so many new coins introduced with more interest.
Even if the the prices is not good yet, but, no one knows in 5 years later.
If a coin with good strategy from developer make a good move in the market, bitcoin will have a good competitor.

[Captin 0]

Hello, professor .. Thank you for this valuable information. Bitcoin is a great currency, but as I said, it faces a problem in the number of transfers per second against its competitors, but the blockchain technology is great and will develop more in the coming days.

[Rosarvx 965]

Bitcoin will become almost the most expensive recognized currency soon, it is becoming more popular and it is possible that it will cost super a lot like 1 trillion dollars one day