Post
Topic
Board Bitcoin Discussion
Re: Bitcoins in future
by
Dildo Shwaggins
on 16/04/2020, 06:42:01 UTC
What is the future of bitcoins? Will it last? Or it will get bigger market than 2020?
I believe it will get bigger market as it is increasing rapidly. It was not even known in 2000 but now it is available!!!

For the next 10 years I am certain that Bitcoin will last and more people will be using it. It didn't exist in 2000 that's why it wasn't known.

Since you talk about it's price, as it is the only thing most care about, it will be directly impacted by adoption (demand). The supply and inflation are fixed, so it is only demand that affects price. Talks like "Bitcoin is not for everyone" aren't doing any good and I understand where they are aiming but they do more harm than help.
If demand is artificial then it will pump and dump, if demand is organic then we will see healthy market conditions and rise of price.

There are more things to consider than the market prices and lately it seems that ex-Bitconnect promoters are trying to use similar tactics to promote Bitcoin. I disagree with this marketing methodology of talking only about price and not utility. We haven't passed the point where everyone in the world understands how Bitcoin works, and we still have a lot of work to do informing them.