I think that the Bitcoin will live a very long time especially with in this time were technology is taking over the world.
I also think that over a couple years much more people will use the Bitcoin. And that more shops are going to accept Bitcoin as a payment
Well it live long enough really for a digital currency. And many people are really using it and earning it. I think if the user increase more and more, it will be popular and stores will more likely to accept bitcoin from their costumer.
I agree, since the bitcoin’s price has been increasing a lot lately many people are interested in it and many users are joining in and we can see that by the increased number of transactions, and I really think that this is only going to make bitcoin more expensive and people get interested in it more and more.
Aboslutely, tho the time of transactions is the only down side of the whole bitcoin business implementation due to the longer time of confirmation. That's not the problem for online businesses but it can be a problem when you're in your local store and there's a line behind you and you must wait for the confirmation and we know that sometimes it can take a while.
But my prediction for bitcoin would be a static one, bitcoin will be accepted here and there and the price will be rising steady but slowly BUT there won't be any mass acceptance (I mean acceptance as in the local grocery stores) untill the transaction and confirmations are a little quicker and also until the bitcoin price jumps a little more, maybe around 2-3K$ per BTC, also and I hope that some businesses will see the potential of a bitcoin and implement it asap.
Yeah but Bitcoin is not made for such things, like buy a coffee or something similar. I said few months before, if I had coffee shop or some local store like that, and I wanted to offer bitcoin payment, I would make gift card (lets call it that way), where you can buy that card stashed with credit, and not wait for confirmation every time you want coffee.
I mean how can you come to judge for Bitcoin was actually made for? I don't even mean to say that it is not up to you to decide (though you can look at this from this angle). I mostly refer here to the fact that Bitcoin is still largely a project in early development and will likely remain that for its entire lifespan (I mean being further developed). Even fiat currencies are constantly forging ahead in their functions and capabilities (e.g. online-banking, instant card-to-card transfers and payment cards themselves). As I see it, there is no reason to think that anything is carved in stone (at least, as long as Bitcoin remains Bitcoin)