Future of BitCoin

Penthouse said:
Thought I'd make a post in this new section to ask a question I've been pondering recently. I'm not an expert in cryptocurrency but I'm interested in what you all have to say. Bitcoin and other altcoins are a really cool new thing allowing people to purchase things online mostly and even a bit in person. But how large can it actually grow when the prices are so unstable. It really restricts people from using the currency because of it in my opinion. Thoughts?
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The price fluctuations will stabilize as the use of bitcoin becomes more accepted and wide spread. Besides, a lot of bitcoin transactions are same day, so the fluctuations are minimal. As far as I see it, the major challenge with bitcoin is bringing its advantages to the mainstream, which no one has done yet.
 
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asenlevov said:
BTC is useless at the time. You can't even buy anything on the Deepweb while on the Openweb there aren't many places to use them. Moreover, the value of your money can drastically depreciate if it is in BTC.
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A bit surprised when you said the Silk Road thingy ain't even accepting bitcoin these days...

Much to my knowledge there are only some domain registrar and hosting providers who are used by many marketers to pay with BTC...
 
I would rather invest $300 in litecoin, it's $3 each. Similar to stock trading , when a stock in any sector increases , there's a high chance that the other stocks in that sector would also increase. If I am very optimistic about bitcoin, I would invest in litecoin because it is the second best digital currency which would automatically gain more value if bitcoin becomes more valuable.
 
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Just imagine if China adopted crypto currencies lol , Bitcoin value would explode in a few days to reach numbers like 1k or more
 
Bitcoin is a very interesting technology and I'm interested in seeing where it goes. I wouldn't bet the house on it. Although its a very interesting experiment on whether the free market can have its own currency. Without any central bank or government issuing it or controlling it.
 
Bitcoin has been very stable lately jumping between 200-300 usd.
 
price of the bitcoin is rising last few days, now is over 430 euros.Now they are good for investment, i hope they will reach 1000 before new year :)
 
I agree with you man! Yes, prices of BTC are very unstable but in my determination, this is a short term scenario and gradually it will remove from BTC.
 
the bitcoin is here to stay and will grow stronger by day. the only problem is that most governments are afraid to give power to the people by restricting its use. but with most national currencies losing value, most people will lose their trust in them and embrace the cryptocurrencies. dont be left out. just invest in bitcoin and you will not regret. thanks
 
There are many good films on youtube about the future of the blockchain and bitcoin // Cryptocoinzone
 
Idd bitcoin is the future of today. Those of you who can invest some now will make x2 till 1/1/16. I love BTC.
Even my offshore hosting provider www.webuzo.net and internet.bs accept bitcoins <3

Its still unstable currency but tell me one currency that is stable those days? USD is dancing / EUR is dancing British pound is dancing ...
 
Bitcoin gonna last for a very very long time.. Cuz it's the future of the payment system, And I proclaim the people of the Marianas colony will use bitcoin :)
 
the success and failure of the bitcoin will depend on the users. the users are responsible for the increase and decrease of value. I think and wish that people would be active in using the bitcoin to make it well known to everyone. by that people will frequently use it and accept it. It will only succeed after we start using the bitcoins in the local stores and everywhere as long as we are making purchases. The future of bitcoin is great and sooner or later the governments that are against it will accept it and move on. if you cant win them, join them.
 
Governments will never "accept" BTC, which is one reason that it's so cool. It won't be regulated by Federal this or that.
 
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