Quote from: NorrisK on October 22, 2015, 06:26:09 AM

Quote from: Nocturne on October 22, 2015, 05:01:48 AM

Quote from: bachlovesstories on July 04, 2015, 01:23:28 PM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Bitcoin's value will be stable in the near future and it will attract more investors.

What do you consider the near future? The 5 year time point from now?

Near future to me is coming months, and I don't see price stabalizing for now. Especially with halving coming up and the many many bitcoin investments and companies rolling out.

Bitcoin might become stable once it is pegged to goods, such as food.

The price is never going to be "stable" or as stable as a fiat currency, simply because it's a free market with Bitcoin, without regulations. Market players can do anything they want, so the stability will come naturally, and not forced through regulation. I predict at arounf 2027 when the curve of the halving becomes near a straight line, the price will make anyone holding something like 10 BTC rich, and the price will be pretty stable by then.