Re: what you think about bitcoin in like 5 years?

Quote from: Daniel91 on September 17, 2017, 08:18:18 AM

Quote from: Jeffreyforce on September 17, 2017, 08:12:15 AM

bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much

I'm very optimistic about future of bitcoin.
2 years ago value of bitcoin was only $200 and last year around $700.
Today, even with this recent big drop, btc price is still much higher than last year.
So, regardless of the occasional higher falls, bitcoin prices are constantly increasing every year.
I expect that such trend will continue and that we will reach price of $10 000 very soon

In five years, there are many possible things to happen. I think in 5 years,there will be more competencies, there will be more alt coins to rise. In 5 years, I think bitcoin's price will greatly pump because almost 8 years ago until now, bitcoin experienced many ups and downs, it is now currently sitting at almost 14 thousand us dollars and after 5 years it will grow even more. Also I think it will be better than now.I hope within that span of time, bitcoin will be recognized by different countries and it will be more popular. I hope this will not be a threat to the government unlike on other countries.