Post
Topic
Board Economics
Re: What do you guess about he future of bitcoin?
by
Ulloa
on 19/10/2016, 07:45:18 UTC
I think it is necessary to stablish the value of the Bitcoin. Today we don’t know if Bitcoin is a reserve of value as gold is, if Bitcoin is a practical way to pay on the internet, if is valid on non-virtual environments as FIAT money, etc.
This is the preliminary point to get stability in the value, of course few people more volatility and more sensibility to external factors (economic, political and regulation).
In my opinion the most important value of the Bitcoin is the technology itself, and its use on others business –not only in the money-. It will be necessary to developed these other business to get the real Bitcoin value and to stabilize it.

I do not know what might happen in the future of the Bitcoin but the only thing that I am predicting is that in 2017 the Bitcoin is going to be in the thousands.
It has to happen because it did not happen with in 2016 which was a real let down.