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?
My prediction to bitcoin in the next five years, is its price will continue to rise and more and more bitcoin will be mined until it reach its limit of 21 million. I have also a prediction that there will be some new cryptocurrencies that will rise in the future that are better than bitcoin and as result, bitcoin will be worthless.
Our prediction should be positive because the price is moving on a positive side, as the price will continue to rise people are more interested to invest with this because they believe they can have a great profit holding bitcoin since the supply and demand will play and we are certain that the demand is increasing. Although the value now is quite big already and that happen in just a short period of time but we should not underestimate bitcoin because its backers are solid supporters.