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What is the future of Bitcoin?

Discussion in 'BlackHat Lounge' started by enovatit, Feb 11, 2020.

  1. enovatit

    enovatit Junior Member

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    There are two complete opposite opinions; Some say it will be banned in future or claim it is going to be $ 100K+ USD very soon,


    I personally fall into the latter category, I think the price is only going up, especially after May 2020, when the reward of mining is going to be half of its current rate.


    What is your opinion?
     
  2. TheVigilante

    TheVigilante Jr. VIP Jr. VIP

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    The technology used to make Bitcoin will go mainstream but dont know about the speculation about how much it could go to
     
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  3. Mr Positive

    Mr Positive Jr. VIP Jr. VIP

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    There’s no mechanism to ban bitcoins, as far as the price predictions go no one knows because no one owns it, you see it fall buy it, you see it rise and you’re getting profits sell it
     
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  4. Digram

    Digram Registered Member

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    It is unlikely that someone will be able to ban because for this future, many people are already getting paid with bitcoin. It will only grow, and the turnover on the market will only grow, and everyone will earn on this mining and trading it on the exchange
     
  5. ChesterF

    ChesterF Jr. VIP Jr. VIP

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    End up here: https://en.wikipedia.org/wiki/List_of_cryptocurrencies#Inactive
     
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  6. HelenRyan

    HelenRyan Jr. VIP Jr. VIP

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  7. tubeboost

    tubeboost Jr. VIP Jr. VIP

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    I think bitcoin is in a stable state. It won't be $100k. It won't be banned.
     
  8. VapePrince09

    VapePrince09 Newbie

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    i agree i dont think it will be banned but wont be worth anything like it was in the past
     
  9. USA282

    USA282 Jr. VIP Jr. VIP

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    I don't know what the future will look like but Im pretty sure that we all are going to see massive short term gains. Seems like everyone is ready to get into the market
     
  10. Azaan

    Azaan Jr. VIP Jr. VIP

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    If there aren't changes to how bitcoin works, quantum computing will most likely make it obsolete. Then there'll probably be some new form of payment, idk.
     
  11. Mohammed Siddiquee

    Mohammed Siddiquee Newbie

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    I think the future of Bitcoin is very lucrative. It will grow beyond our imagination but it will take a long time.
     
  12. EAZYJ

    EAZYJ Newbie

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    Blockchain technology will be widely used, we are already seeing countries creating their own digital currency. This is why I believe Bitcoin will be like the Gold of today.
     
  13. 942-1

    942-1 Newbie

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    It's too volatile. If it wasn't supposed to be relatively easy to anonymise, I don't even think these dark net drug traffickers would like dealing with it. But beggars can't be chooser.
     
  14. dichotom

    dichotom Jr. VIP Jr. VIP

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    Guys I won't put my hard earned money into bitcoin. It can come to 1$ and it can go to 100k$
    I won't like to suicide nor I expect to be millionaire fast.
    Invest your money safely with guaranteed return like fixed deposits maybe
     
  15. 942-1

    942-1 Newbie

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    I've personally heard of Cryptoassets being called the 'sesame street' of investements, and i'm not even joking. Nobody wants to invest in any, even bitcoin, if they can avoid it.