Bitcoin value projection

If you have to have a computer science degree to use the currency, it will never catch on.We have properly working quantum cryptography right now (which is impervious to quantum computer attacks), while any useful quantum computer is at least a decade away.

My guess is that the Bitcoin will be adopted by other nations heavily but shunned in the US because it would be seen as a threat to the fed and big bankers.None of my friends, all college-educated and tech savvy, even know what a bitcoin is, let alone want to use one.

Send 0.025 BTC (about a dollar) to someone with a semi-smart phone in some political cesspool of a country in West Africa, and how much do they get.Once Bitcoin has got momentum and captured 1% of world economy, it is just a matter of time before all other currencies collapse.Suppliers of Bitcoin, Ethereum and Dash mining hardware as well as cloud mining contracts.

Treat it like a stock,...

Is The Price Of Bitcoin Going To Bounce Back? - Forbes

Bitcoin true value is in ability of people to use it to do commerce, transfers and trade.

Once it has reached critical mass all other currencies will vaporize.In fact, the projections for the price of the 2016 bitcoin reflects a fresh understanding of this digital currency and has drawn attention to the fact that the.They do because Bitcoin is a much more technological modern currency, so the old currencies will be very cumbersome to use in comparison.How Africa will contribute to the Bitcoin price rise now and in next decade.Furthermore, some people will undoubtedly invest in bitcoin and keep their portion of bitcoin away from the transactional pool, like all people tend to hoard money if they are able.Once it became clear that bitcoin had reached a truly steady price, all of those hoarders should cash out and move to some other investment.About the other hand, Pieces will need metamorphosed to some degree in recent times.

The market capitalisation of bitcoin in some currency is obtained by multiplying the number of bitcoin in.Remember that economic troubles are not positively linked to currency depreciation.

A new report from Juniper Research analyzes the volume and value of past bitcoin transactions,. which resulted in 58% decline projection.And any business transaction would have to be converted to a less volatile currency immediately.The ETF is expected to double the price of Bitcoin if it is approved by the SEC.

The biggest obstacle to all other currencies collapsing is government.Cryptography consultant Richelle Ross issues her prediction for how the bitcoin price will fare in 2016.

Bitcoin insiders begin making public 2014 price projections

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Bitcoin price drops following report that China is going to shut down local exchanges.

The Future Price of Bitcoin, A Projection, Based on Past

Thats a tough question, the value of Bitcoin will be determined by regulation and some other factors which are ultimately controlled by government.