Will Bitcoin cost $1 million? Oh, and here's why:
I have no doubt that bitcoin will be worth $1 million Not so much because of the potential in Bitcoin as a world currency, but due to the growing weakness of the US dollar. Global support and confidence in the dollar weakens, at the same time as they are growing in relation to Bitcoin. And this despite the fact that the “third world” still do not imbued with the value of Bitcoin.
Billion-dollar investments in the infrastructure of Bitcoin will take another 1-2 years to bear fruit and make cryptocurrency usable for easy and convenient use worldwide. Bitcoin has proven its durability, but is still at an early stage of development. His aging might take decades, but the Bitcoin price, it is precisely the subject about which not to worry in the long run.
https://bitnovosti.com/2015/12/25/will-bitcoin-cost-1mln-yes-and-that-is-why/
I think in actuality, that Bitcoin will soon be overtaken by superior technology. First-mover advantage can only get you so far. If you look at what's coming down the pipeline, indeed what's already here like steemit, then it will become obvious that while Bitcoin may always be around, it will be overshadowed soon. Maidsafe is developing a decentralized internet where you can store your files forever for the cost of sharing your harddrive with the network. They have a coin as well to value the amount of space you share. What happens when people realize they can have their own website for pennies? No more DNS or hosting or anything like this. Well it will blow up just like Steem has been doing. Bitcoin is a first entry into a world with myriad possibilities.
Bitcoin only was the beggining, a full ecosystem of altcoins is being developed actually, i think in bitcoin like the first aeroplanes they works but they only was the beggining, in my opinion the real problem all this projects faces is the distribution, hot to make it fair (and it is to avoid no one big minner get the most) and of course not fakeable
это точно.
I disagree, surely as the blockchain technology first started within bitcoin then there must be subsidies for all these new ideas meaning Bitcoin will always have larger investments!
Congratulations @sany! You have received a personal award!
Click on the badge to view your own Board of Honor on SteemitBoard.
For more information about this award, click here
Congratulations @sany! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Home stretch to the finals. Do not miss them!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Congratulations @sany! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!