The future of bitcoin is very extensive in all structures can be used by bitcoin,
Bitcoin was a hell of a lot more volatile back in the early days. Why? because the market was so small, it only took a few trades and dollars to swing the price. As Bitcoin grows though,
the price stabilizes a lot more. Now a major move is only like 10% in one day, when in the early days a major move could be as high as 50% in one day.
More money will enter the market and the price will continue to stabilize. Once it stabilizes I'm certain there will be way more people using it as a currency.
i think speculation comes first, then the currency will come later. In the early days people did use Bitcoin as a currency for the most part, but with the wild price swings that attracted a ton of speculators. As of now, the majority of Bitcoins users are there for speculation with a small group of people using it as I currency. I do both,
I use Bitcoin as a vehicle for speculation, however, if I am buying something online and they accept Bitcoin, I use Bitcoin every time. It is so much easier than filling out my card info/billing address and then waiting for the pending transaction to clear in my ban
if the currency of Bitcoin cannot stabilized, there is no future of Bitcoin!!
Currently, people buy and mining Bitcoin and Altcoins are wishing to make money from it, not to spend or use it like regular currency. Based on this factor, Bitcoin wont become a major currency.