prophetx
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he who has the gold makes the rules


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September 19, 2013, 06:56:38 PM

Not
so
much
...

EM, what do you honestly expect to happen with bitcoin in the next 3-5 years?

Mtgox and/or Bitpay might be gone, SR still kickin but lots of competition from alts and technical problems.
I expect the Bitcoin community to be composed of Internet Libertarians for the entirety of the Project. It will be all about "spreading the word" still.

sr is here to stay unless dpr gets nabbed, but another would pop up in 48 hours

mtgox is already a zombie exchange

bitpay will either remain or get bought out by bigger players


SR has one problem right now: It's not really possible to order anonymously when all exchanges require verification, tricks like mixing and choosing the transaction output address don't really help. (Courts can get a warrant for transaction data off the exchanges)
The only real solution is zerocoin which, quite frankly would be better off being implemented in an altcoin.
I don't expect SR to go under because of this, the money flow just has to come from OTC and similar mechanisms.

Yeah, gox is pretty much undead. This could go on for a long time still...

I don't think that bitpay will stand up to scrutiny. They have been messing around on the exchanges (according to their own admission) with their clients and VC money. When the shit hits the fan on Gox there will be a lot of long faces there once they realize how much of their money was in gox accounts.

yes, but regarding bitpay if they do screw up someone will buy them for the accounts, even if it is on the cheap