View Poll Results: What are the odds bitcoins will be worth nothing in 2030?

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  • 0% (they will definitely survive)

    10 19.61%
  • 1% to 19% (they will almost certainly survive)

    9 17.65%
  • 20% to 39% (they will most likely survive)

    6 11.76%
  • 40% to 59% (equal change of going either way)

    12 23.53%
  • 60% to 79% (they will most likely not survive)

    3 5.88%
  • 80% to 99% (they will almost certainly not survive)

    4 7.84%
  • 100% (they will definitely not survive)

    7 13.73%
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  1. #21
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    Quote Originally Posted by PROFRBcom View Post
    I believe they will survive. But I think there will be some major changes before then. They will be regulated somehow or another... government will have to get a piece of the action if they get too big.
    Exactly!
    It's the same has happened with the legalization of the gambling industry, the smart countries took a share instead of "fighting" with the people.
    If the people want to gamble they'll do it one why or another, and better the legal way.
    Same as with cryptocurrency, if the people want to use it they'll use it, many governments around the world start to understand it and they want a piece of the pie.

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  3. #22
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    More than 90% because law enforcement worldwide is on War with the criminal Deep Web.

    A majority of the Bitcoin wager has its origin at the Deep Web.

    Without Deep Web this "currency" will die in free fall speed and will no longer be a tool for child abuse ("Daisy`s Destruction"), drugs, weapons, live torture, private assassination orders and any cruel nightmares that is beyond our imagination. Such things will be paid with Bitcoin every second anywhere in the Deep Web ... right now!

    Ross Ulbricht, the man behind "Silk Road", an illegal criminal store, where Bitcoin was the exclusive "currency", was sentenced to life in prison, and this is just the beginning.

    In my opinion, every online casino should be ashamed using this crap of criminal "currency".

    Leopold

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  5. #23
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    Quote Originally Posted by Roulette Zeitung View Post
    More than 90% because law enforcement worldwide is on War with the criminal Deep Web.

    A majority of the Bitcoin wager has its origin at the Deep Web.

    Without Deep Web this "currency" will die in free fall speed and will no longer be a tool for child abuse ("Daisy`s Destruction"), drugs, weapons, live torture, private assassination orders and any cruel nightmares that is beyond our imagination. Such things will be paid with Bitcoin every second anywhere in the Deep Web ... right now!

    Ross Ulbricht, the man behind "Silk Road", an illegal criminal store, where Bitcoin was the exclusive "currency", was sentenced to life in prison, and this is just the beginning.

    In my opinion, every online casino should be ashamed using this crap of criminal "currency".

    Leopold
    Interesting stuff !

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  7. #24
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    Quote Originally Posted by Roulette Zeitung View Post
    More than 90% because law enforcement worldwide is on War with the criminal Deep Web.

    A majority of the Bitcoin wager has its origin at the Deep Web.

    Without Deep Web this "currency" will die in free fall speed and will no longer be a tool for child abuse ("Daisy`s Destruction"), drugs, weapons, live torture, private assassination orders and any cruel nightmares that is beyond our imagination. Such things will be paid with Bitcoin every second anywhere in the Deep Web ... right now!

    Ross Ulbricht, the man behind "Silk Road", an illegal criminal store, where Bitcoin was the exclusive "currency", was sentenced to life in prison, and this is just the beginning.

    In my opinion, every online casino should be ashamed using this crap of criminal "currency".

    Leopold
    Pretty sure that cash/fiat currency is used for all the same things, are you trying to say that any currency used for illicit purposes should be abolished?


    I might have to start depositing to my favourite casinos using goats and cows then.

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  9. #25
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    Excellent post!
    Only few details have to be corrected.

    Without Deep Web this "currency" will die in free fall speed and will no longer be a tool for child abuse ("Daisy`s Destruction"), drugs, weapons, live torture, private assassination orders and any cruel nightmares that is beyond our imagination. Such things will be paid with Bitcoin every second anywhere in the Deep Web ... right now!
    FTFY
    Without Deep Web this "currency" will die in free fall speed and will no longer be a tool for child abuse ("Daisy`s Destruction"), drugs, weapons and sportsbets, live torture and blackjack, private assassination orders and any cruel nightmares like poker that is beyond your imagination. Such things will be paid with Bitcoin every second anywhere in the Deep Web ... right now!

    Ross Ulbricht, the man behind "Silk Road", an illegal criminal store, where Bitcoin was the exclusive "currency", was sentenced to life in prison, and this is just the beginning.
    FTFY 2

    Ross Ulbricht, the man behind "Silk Road", an illegal criminal store, where Bitcoin was the exclusive "currency", was sentenced to life in prison, and this is just the beginning.
    The end will be that all casinos that will not steal revenue share will run on Deep web. And all affiliates who will want to make decent money will be there as well. In the end we all will play poker with Ross for mackerels.
    every online casino should be ashamed using this crap of criminal "currency".
    FTFY3

    every online casino should be ashamed using this crap of criminal "currency". If they can not accept the goats and cows, they should at least provide some decent child porn or barrel bombs as a bonus.
    Please keep on with those informative posts.
    The most sad thing is when cat dies.

  10. #26
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    I think that some members need to get a grip on technology, and perhaps update their information sources to get a more broad-based view of crypto-currencies and blockchain developments.

    To say bitcoin = dark web crime is like saying cash = mafia money or underground economy

    Bitcoin is less anonymous than cash (every transaction is tracked), and more useful than cash in the internet economy. There is a sizable financial industry investment in bitcoin and block-chain based technology going on in the Western world, and several major governments (including Japan) now recognise bitcoin as legal tender.
    (see https://www.cryptocoinsnews.com/bitc...et-or-expense/ )

    Bitcoin (or some sort of similarly block-chain based token which pay/may not have government backing) is likely to be the standard for funds movement online in the medium-term future ...

    Bitcoin is certainly far more efficient and cost effective for end-users and consumers than the e-wallets like Skrill and Neteller which are run with 3%, 5% and 7% charges, or a 60 EUR bank wire fee.

    To rail blindly against bitcoin is like ranting about electricity, or mobile-phones ... it's plainly out-of-touch with today's economy.

    --------------------

    (As to whether bitcoin itself will rapidly appreciate to 500K ... or be here at all in 13 years time ... that's another debate
    But SOMETHING like it will be here and in use )

  11. #27
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    Quote Originally Posted by TheGooner View Post

    (As to whether bitcoin itself will rapidly appreciate to 500K ... or be here at all in 13 years time ... that's another debate
    But SOMETHING like it will be here and in use )
    You nailed it here. Even until now bitcoin protocol changed few times (forked, yes) and the narrative of Bitcoin changed too.
    If Bitcoin survives the 13 years, it will be for 100% another Bitcoin than today (but the value will be there and multiplied for current holders).
    There will be for sure some sidechains, like Ligtning network. If there is no Segwit consensus between the 2 camps within Bitcoin, then there will be a some solution outside (Tumblebit payment hubs that will be live this year to name one).

    Bitcoin is like a bare skeleton still. And maybe even that will be rebuilt (such a change of the skeleton would be change from proof-of-work, where bitcoin transactions are processed by miners, to proof-of-stake, where the payments are processed by wallets of users [some altcoins like Stratis use this system, Ethereum should switch soon], or combination of both [Dash]).
    The most sad thing is when cat dies.

  12. #28
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    Quote Originally Posted by hublot;843901[SIZE=3
    ]Pretty sure that cash/fiat currency is used for all the same things, are you trying to say that any currency used for illicit purposes should be abolished?[/SIZE]
    No, the situation is here different, and you look aside affiliation propaganda, then the warning signals are very clear.

    In the real world you can hire a hitman or a guy in Iraq who will exercise live torture for you that you can watch it, and you can pay him on different ways.

    In the Deep Web Bitcoins are the only currency!

    No Bitcoins, that would mean, that the dirty swamp of child abuse, drugs and weapons will be drawn, at least in the Deep Web.

    It's a proven fact, that the gun, used at one of the many terror attack in Germany from the last time was purchased in the Deep Web with Bitcoins.
    In the real world this guy have had no chance to get a gun, not even with cash.

    After Ross Ulbricht was caught, the takeover of his 144,000 Bitcoins and the other 30,000 Bitcoins of Silk Road ifself demonstrated, what will happen, when the governments raise efforts to stop this free-ticket for crime.

    A Bitcoin chart in free fall speed!



    And here you have a professional study about Bitcoin users and not any affiliation propaganda:

    ===> http://www.yelowitz.com/Wilson_Yelowitz_Bitcoin.pdf

    It's also a proven fact, that the U.S. goverment is observing Bitcoin users since some time as they do it with Western Union transfers. From my opinion, this is the right step, because if people don't care about to stop the only currency that gives killers and child abusers the possibility to make money with their cruel things, then the governments must act with a hard hand.

    The progress is done. Many of the Bitcoin "Wasching-Machines" in the Deep Web to hide the ownership, are no longer working, and the Deep Web is flooded with F.B.I. Honey Pots. Unfortunately, in Germany Honey Pots are not allowed under our law.

    I have investigated the Deep Web for more than one year. No one can tell me, that Bitcoin makes any sense with the exception, that some online Casinos want to milk their players at any costs and that Deep Web criminals can make Zillions of Dollars with it.

    Read the study!
    Facts and not affiliation propaganda.

    Leopold


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  14. #29
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    Just a reminder. Bitcoin fees are now almost zero. I just sent many payments with 5-10 sat/B and they got confirmed instantly. So it is obvious that Bitcoin capacity even now is not technically full. It was full because of spam. I am not saying it is something great, because it is possible that the spam will occur again and the defense will be hard.
    The most sad thing is when cat dies.

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  16. #30
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    Blockchain will not only survive but is already actively leading the fourth industrial revolution.

    Bitcoin - could go either way. I'm a believer.

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  18. #31
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    Intersting report from the EU regarding crime and bitcoin.
    It would appear that "Cash is King" when it comes to crime.

    http://www.coindesk.com/eu-report-di...inals-is-rare/

    A newly released report from the European Commission suggests there is relatively little virtual currency use among organized crime groups.


    Calling cases involving organized crime and the tech "quite rare", the report was sent in late June from the European Commission (the European Union's executive arm) to the bloc's legislature as well as its body of national leaders. It was made public on 4th July.


    The report's authors argued that technological limitations – a lack of expertise especially – is behind the apparent low usage rates..



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  20. #32
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    I believe that Bitcoin will eventually become a very big thing in the near future and throughout the world at the rate that it's going. It really seems to be skyrocketing. I can see that more and more casinos are accepting bitcoin as a payment method and are also using banners displaying the bitcoin images on them in order to attract more and more players. Also, I can see that the value of bitcoin is rising very rapidly.
    Last edited by Cash Bonus; 9 July 2017 at 5:35 pm. Reason: Typo.

  21. #33
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    By 2030 I expect one cryptocurrency to be globally dominant. That might not be bitcoin and if it is not bitcoin then, assuming you already have a bitcoin holding now, small hedging on other likely looking crypto currencies might be a good move starting now. For instance if Bitcoin loses its headstart and, for example, Monero or Dash become the big crypto currency by 2030 then a hedge on them now would see you very rich even if your BTC holdings become worthless. There are a lot of cryptos, so maybe a small hedge on the top 10 - and keep a regular eye on changes - might prove a good way forward. Back the team not just one player. If bitcoin dominates, you make a fortune. If one of the others dominates, you make a fortune.

  22. #34
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    i voted 40%-59% bit would have picked 10%-20% if that was an option.

    I find the technology interesting. Still struggling to understand it all. I would say I know about 5% how blockchain technology works and I'm pretty sure 4% of that is wrong.

    I do use bitcoin daily, and you can use it to buy (indirectly) anything anywhere visa is accepted. My biggest struggle is if I need to convert it to hard cash instantly as Im then restricted to 500 a day. Other than that I haven't found anything that makes it less usable than cash.

    As technology improves and as people understand blockchain more, I'm not sure how this will affect bitcoin. I currently think Ethereum might overtake bitcoin in number of users, but not in value. But you can even see Ethereum have problems currently due to the current ICO issues. But I think it would be silly for a business to write off the technology at this time.
    New project in Crypto: CryptoCurrencyExchanges.net

  23. #35
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    I don't think it will worth nothing, but not much.

  24. #36
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    I believe Bitcoin will survive however may no longer be the leader and what it is today. Another crypto may come into play and Bitcoin will be replaced with new technologies as we have seen with other programs.

  25. #37
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    Quote Originally Posted by Renee View Post
    Saw this in my facebook feed last night. Made me laugh and is relevant to this topic.

    Attachment 5969
    Hilarious stuff!

  26. #38
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    Ignore the short-term price rises and falls.

    Bitcoin is penetrating the market and is totally unstoppable. If/when bitcoin takes over a decent percentage of world's money movement, there's no scenario in which the value will be less than $50k.

    Though I'm sure at one point you all will have to stop comparing BTC to USD and will have to learn to think in BTC. Or Satoshis.

    The ceiling for bitcoin as innovation and the ceiling for the price of 1 BTC are both very high. I consider this <$4000 price a Black Friday discount, and I will HODL until 2030 if I have to.

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  28. #39
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    Well I can use BTC to pay my Ohio taxes now, thats a big step. And when we see bottoms such as 1500 / 2000 range this opens the door for more people to buy in. Nothing hurst more than 60% of your investment being gone while you sleep one night but as more and more doors open for the use of BTC it will grow. ALthough I invested in Worldcom stock too so you know..
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  30. #40
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    I have four programs that prefer to pay by BTC - avoiding the 2-3% e-wallet fees charged to merchants.
    Having gone through the pain of learning the process I prefer BTC to most of the e-wallets too.

    While BTC can remain to be useful in facilitating fast and cheap international remittance it has a place in our business.
    As long as it's price is relatively stable then I really don't care what the price per token is.
    Last edited by TheGooner; 26 November 2018 at 2:37 pm.

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