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❓ASK Future of bitcoin

phanuruch

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Good people, when you all look at your ******* balls, using your cryptocurrency and probably fiat currency knowledge, where do you think bitcoin is headed? Will it tumble completely or is it likely to rise to new highs witnessed a couple of years ago?
 
Investing with crypto currency is a very good investment because few years to come now almost everybody will be using crypto currency.
There also an analysis that by 2020 bitcoin price will increase extremely high to 1 btc per $1000000.
crypto currency is very profitable
 
I think if the blockchain is implemented in some of the everyday things. I think that can definitely help out with the price increase of crypto. But it should not replace the real currency of the government around the world. Because that may surely affect our economy. I think people should only treat it like some loot and make money off it.
 
Bitcoin is still a banned product in my country, very very tiny numbers of people who believed in it, the majority of those tiny, sorry to say, are people with less economic power. For a big number of people it is still consider not worth a dime. It is still consider not real and don't have any backup for the value.

If they say the blockchain is or the internet is whatever the term is, the point is, does this people even believe? Even in my real life there are less and less people entering the world wide web instead of less than 30-60 minutes peaking on facebook app. That's all. They know now that entering the world wide web is money, they pay for the connection with real money. They don't want to pay for more.

I can't imagine, just say, people in my family, people with assets such as lands, cars, and a house worth of $250,000, let's say like my father's own, my sister's house or even me, my real life assets, would want to sell it in exchange of bitcoins? big no no.

Not to mention our government, would likely prefer to protect nation's product, our rich natural resources, assets, and of course currency.

So i don't think it will have a bright future.
 
And oh, forgot to mention, some people treated bitcoin like monopoly money, you know the board game Monopoly. The money that is use only to play the game. With that money we could enter the game and run the 'board's economy', not a real one ofcourse. I am sure everybody knows Monopoly. It's fun.
 
I had a little bit of bitcoin but I already sold all of it because I personally do not think that it will go back to the price that it has reached previously, it is better now to invest in other coins that can get you a profit years later.
 
Normal public as long as not believe in it is going to make us money. Because if everyone believes in it then it becomes mainstream and then it would not be high priced. And would be like local currency. Low and not much useful. So to keep the price high, bitcoin needs to be illegal. That way we can earn some money in between.
 
Future of bitcoin can go with any of the way , one , it can cross 10k$ mark , or else it can be stable at 6k$ -8k$ , or even it can come down as low as 3k$. It all depends on how many people are investing in bitcoin , if more people invest, more will be the value of bitcoin ,more is the profit of bitcoin holders.
 
The future of Bitcoin is uncertain and subject to a range of factors that can impact its adoption and price. Some of the key factors that will likely shape the future of Bitcoin include:
  1. Adoption and usage: As more people and businesses begin to use Bitcoin for transactions, investments, and store of value, it is likely to increase in value and stability.
  2. Regulatory environment: The regulatory environment for cryptocurrencies, including Bitcoin, is rapidly evolving. Governments around the world are considering how to regulate the industry, and any new regulations could have a significant impact on the future of Bitcoin.
  3. Competition: The cryptocurrency market is highly competitive, with a growing number of alternative coins and tokens vying for market share. The future of Bitcoin will likely be shaped by its ability to compete with other cryptocurrencies and offer unique advantages over them.
  4. Technological advancements: The technology behind Bitcoin, blockchain, is constantly evolving, and new innovations could impact the future of Bitcoin. For example, the adoption of layer 2 scaling solutions, such as the Lightning Network, could help address some of the scalability challenges facing Bitcoin and make it a more viable option for everyday transactions.
  5. Economic and geopolitical events: Economic and geopolitical events, such as recessions, inflation, and political instability, can also impact the value of Bitcoin.
 
Bitcoin cannot yet fully replace conventional fiat currency. It will be like two economies. He just won't be allowed to do it yet. Until there is a legal basis for distribution. And how much will it cost? It must be remembered that there are only 21,000,000 of them. Such a number of coins cannot regulate the economy of the planet.
 
Bitcoin cannot yet fully replace conventional fiat currency. It will be like two economies. He just won't be allowed to do it yet. Until there is a legal basis for distribution. And how much will it cost? It must be remembered that there are only 21,000,000 of them. Such a number of coins cannot regulate the economy of the planet.
I believe that the two economies will coexist at the end of it all, one centralized and the other more decentralized, or at least that's what it seems to be heading for, believing that Bitcoin is going to replace the fiat system is a daydream, but I do believe that everything will continue to move forward.
 
I believe that the two economies will coexist at the end of it all, one centralized and the other more decentralized, or at least that's what it seems to be heading for, believing that Bitcoin is going to replace the fiat system is a daydream, but I do believe that everything will continue to move forward.
I recently received such information that the Central Banks of many countries want to issue their own cryptocurrency. 114 countries are already participating in this project. As I understand it, this will already be a centralized cryptocurrency and the cost for it will be regulated.
 
I recently received such information that the Central Banks of many countries want to issue their own cryptocurrency. 114 countries are already participating in this project. As I understand it, this will already be a centralized cryptocurrency and the cost for it will be regulated.
Yes, I was aware of this information since last year when the plans of these individuals began to come to light, there are a few CBDCs that have been rejected by the people like in Japan or Venezuela, many of them will fail because many people doesn't want them, I suppose that in Europe they will succeed because we are very comfortable here, but in other countries they will not want to know anything about them.
 
Yes, I was aware of this information since last year when the plans of these individuals began to come to light, there are a few CBDCs that have been rejected by the people like in Japan or Venezuela, many of them will fail because many people doesn't want them, I suppose that in Europe they will succeed because we are very comfortable here, but in other countries they will not want to know anything about them.
As I read, many in the crypto community are against such digital money. After all, it turns out that the very principle of decentralization is lost. And without it, cryptocurrency will no longer be an asset in the meaning that we used to give it.
 
As I read, many in the crypto community are against such digital money. After all, it turns out that the very principle of decentralization is lost. And without it, cryptocurrency will no longer be an asset in the meaning that we used to give it.
Well, there are many people who advocate decentralization and there is still something of it, we can somehow stay decentralized using different platforms, but everything in this world ends up corrupting, I think it all started when large entities entered the cryptographic world, there little by little began to lose decentralization.
 
Well, there are many people who advocate decentralization and there is still something of it, we can somehow stay decentralized using different platforms, but everything in this world ends up corrupting, I think it all started when large entities entered the cryptographic world, there little by little began to lose decentralization.
I think the same. At the beginning, everything seemed like a game, but when they saw that it was possible to make good money on it, the crypto community began to get big money. And naturally, they wanted to subjugate everything to themselves. This is what we now see in the example of volatility.
 
I think the same. At the beginning, everything seemed like a game, but when they saw that it was possible to make good money on it, the crypto community began to get big money. And naturally, they wanted to subjugate everything to themselves. This is what we now see in the example of volatility.
Do you mean that when they saw that you could earn a lot of money, entities came here to take control of the crypto ecosystem? If that is what you mean, I think the same, let's think that the big entities are always going to win in any market they enter, since they end up corrupting everything and manipulating the market at will, that's how it has always worked.
 
Do you mean that when they saw that you could earn a lot of money, entities came here to take control of the crypto ecosystem? If that is what you mean, I think the same, let's think that the big entities are always going to win in any market they enter, since they end up corrupting everything and manipulating the market at will, that's how it has always worked.
Yes, that's exactly what I meant. When big money comes, and no matter what area of our life, they subjugate everything to themselves. They try to control everything and almost always they succeed. Take at least accept multinational companies. I'm afraid it will be the same with cryptocurrencies.
 
Bitcoin have suffered a hard beating over recent months. As far for the current value of bitcoin right now it seems we need to look closely at the price and it may be useful to consider what happened in the past and clarify a few key points on the right time to buy.
 
Yes, that's exactly what I meant. When big money comes, and no matter what area of our life, they subjugate everything to themselves. They try to control everything and almost always they succeed. Take at least accept multinational companies. I'm afraid it will be the same with cryptocurrencies.
But this is normal, when they see that a market is so profitable, big capital is going to arrive, the same thing would happen with the stock market, it began as a normal trading place until big capital arrived to monopolize everything, this also happens in flourishing industries, as soon as it begins to be profitable, the great magnates come to take over it.
 

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