Post
Topic
Board Bitcoin Discussion
Re: The future of CryptoCurrencies
by
goldade
on 03/07/2018, 14:41:56 UTC
Hello, This is my first post within the general forum area. I am happy to be a part of such an important community. I don't have to convince anyone here of the importance of Crypto-Currencies. I am curious what some people think about the future of these currencies. Do we consider them commodities? I am curious if Bitcoin/Litecoin/Namecoin/etc will ever be traded on an open market much like currency exchanges or NYSE. They are currently traded on an open market but the transfers are limited to payment systems that can be difficult. My question is this: Does anyone believe that Bitcoin will be traded on a massive level alongside other currencies like the Euro, U.S. Dollar, etc? If this happens than Bitcoin could likely become the worlds largest digital currency. However, until Bitcoin can be adapted to large-scale physical dollars or coins they will remain a digital currency. They are obviously much more secure than credit cards and financial market holdings. I hope that Bitcoin can become more of a liquid asset. That would change the game indefinitely. The more liquid the currency the more available it becomes and the transactions become easier. Anyways.... I appreciate anyone's insight into this matter as it will help me decide whether to invest in Bitcoin for the long haul. Thanks!

See you on the other side,

Mahonias Mavrostomos

I believe the future of bitcoin and other cryptocurrencies at large is very bright. With each passing day, more companies and individuals accept bitcoin and with this increasing number of people accepting bitcoin, it will one day be generally accepted.
The numerous benefits of bitcoin and other cryptocurrencies has made it become so popular among people.  The fact that one can become rich by simply buyingband holding, trading or even participating in signature campaigns is mind blowing.