Post
Topic
Board Economics
Re: Tell me your predictions about Bitcoin
by
NyeFee
on 16/04/2017, 07:16:36 UTC
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?
Mostly problems bitcoin problems would might face in future 5 years is ofcourse technicality issues on system.Yeah bitcoins is been living in the industry for a long time but it may still experience technical failures in system or the whole network
I think that issue will be fixed for next couple of years and every time bitcoin faces some problems the operators will find ways to fixed it immediately that why bitcoin was continuous doing great to serves all users and we always see the good progress every year passed. And we are hoping that in the coming years would be much better, would gives us more profit and would be stable of its price in higher level.

The higher price of bitcoins will depend on the demand and if demand goes higher then it will automatically take price to higher level and that is surely possible as even now we are seeing that price is rising slowly and steadily which will continue even in future.

I think the price rise has slowed a lot recently. It is below $1300 for quite a few months now. Something has to be done.

Because of the strong fall, many people lost confidence and stopped using bitcoin, more time is needed to recover and grow.