Bitcoin Forum

Bitcoin is gonna die soon because of too high fees and too slow transactions. It is becoming a very bad quality payment system, with no relevant pros in using it.


Now I see 4 different scenarios that could happen in the next months:

• Bitcoin developers will solve these scaling problems and Bitcoin returns to be the cheap and fast payment system it was some years ago.
• Bitcoin users will move all their BTCs to the so-called "altcoins". Most of these altcoins are already far better than BTC, regarding technical specs, confirmation time, privacy, etc. Dash, Monero, DOGE, LTC, etc. all of them are better than Bitcoin.
• Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system. (Note that Satoshi thought of Bitcoin mainly as an innovative payment system)
• People will get tired of cryptocoins and move back to the ol' banking system.

Which one do you prefer and which one do you predict?

Ah good you can add your list to this list that says Bitcoin has died 129 times:

https://99bitcoins.com/bitcoinobituaries/

Enough with the doomsday nonsense. Mining pools will cave, BU will become irrelevant, segwit will be activated and everything will move forwards. All the alleged stunts with BU are simple temporary power plays. Don't let the noise of a handful of users make you think otherwise.

Well, it was funny at first, another guy pretending to be Nostradamus and seeing the bitcoin shinigami in the horizon

But I've reached that part about..."Dash, Monero, DOGE, LTC, etc. all of them are better than Bitcoin."
Common doge is funny and cute and all but Monero? Dash?

At least take a shot at making a real joke, you're pissing off even my last standing brain cell with this bs.



It's the other way around...
Things that don't exist can't die.

Even in the unlikely scenario that Bitcoin didn't scale and it ended up being a digital asset, this wouldn't necessarily be against Satoshi's vision.  Bitcoin as a digital asset would just show that it was an attempt to produce a decentralised digital currency which had many extremely good ideas for other coins to improve on until there was a very good currency (which hasn't happened yet).  Satoshi's vision was for a peer-to-peer cash system and altcoins take inspiration from Bitcoin to improve on it, just like Litecoin has.

Bitcoin is already here....it can not die if it already exists  ;D

then please sell your coins and get out before it dies on you. the rest of us will be more than happy to have a tiny bit more of this scarce cryptocurrency available to us.

bitcoin developers are just developing, the whole network should accept it. miners and users.
if you want a proposal then start supporting it.

this is never going to happen. because you think these current existing altcoins are better because you have not yet used them. but when you get to know them more in details, start using some of them, run a wallet, ... then you soon will realize that these things aren't meant to be used outside of an exchange platform for trading only.

you are caught up in the temporary pump and meanwhile pumpers are getting rich because you think like this.

we are a long way from that day but this can happen, I agree.

This is not a point at all. You exist but you will die at some time, right? The same may happen to bitcoin. Transactions are getting ridiculously slow and the payment is now quite big. A few days ago I wanted to send $50 in btc and payed 70 cents for that. I took more than THREE days till my transaction was finally confirmed. This is no good. I hope some of that will get fixed after Segwit is implemented.

We will get a solution for sure, the problem is WHEN? Because if we need to wait like 5 years to get the things solved, bitcoin will fade with time, loosing people interest, ect and develop a higher criticism about bitcoin as well.

Bullshit.

And bullshit. Either your understanding behind the fundamentals laid upon by Bitcoin, the very same ones that give it value (being "cheap" isn't one of them), or you are paid for this nonsensical propaganda.

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Already solved to some extent: Segwit -> LN -> Signature aggregation + Schnorr signatures > Sidechains > TumbleBit > Mimblewimble.

You are a uninformed baboon. None of these altcoins are better than BTC ::). DASH is a scam, Monero has worse scaling properties than Bitcoin, DOGE is a joke (fun one, but still a joke), and LTC is the silver to the gold (Bitcoin) and is almost identical (aside of having Segwit + LN already).

Yet, the number of transactions seems to be "more and more".

You came to Crypto for the wrong reasons if you think this.

Bitcoin will die because it's community is loyal, stupid and greedy. Satoshi never intended for BTC to be the world's money, he introduced a new technology.  He was aware btc could not survive due to lack of updates.

Monero I think offers nothing that isn't being done better by Zcash. Her obnoxiously loyal trolling community can't save her. I'd put my money on Dash and Zcash due to virtue but I haven't seen the crypto market being driving by rationalism, just brand loyalty.

Lauda, you're a joke. Btc can't even transfer money.  Can't due instant payments. Can't combat the double spend scams and will never be updated to increase capacity or resist quantum computing. Not to mention the problems that will come in the future do to the laws of the universe governing decay....

The issue with delayed transactions that consequently drove up transaction fees is definitely very real but not something that would 'kill off' BTC. The issue has been ongoing for a while now and yet in that time (after the BU saga) the price has still soared and reached a new ATH.
Something tells me OP is wrong....

I agree that if you exist you will someday die because there's nothing permanent in the world. As I can see it is true that bitcoin transactions nowadays are getting slower and slow because of high demand I guess. The value of bitcoin is not stable sometimes it is good and sometimes not. I think bitcoin will not die even if it's transactions are changing. Person who are incharge will find a better and enough way to solve that different issues.

Outright lie. This has nothing to do with what Satoshi had or had not intended.

Centralized, corporation coin with a built in master key? No thanks.

Zcash is nonsense (as explained above) and DASH is a scam and processes less USD in 24 hours than DOGE. ::)

Said the newbie account deeply invested in some shitcoins hoping to get a few pennies. You seem to have been living in a cave, and have not heard of any solutions being delivered.

Classic shitpost.

lol Bitcoin is not going to die any time soon. People rant on and on stating that the transactions are really slow,  Blockchain is just to large to download, etc -little do they realize that Bitcoin was not built to have one person sending payments to another person every second.

Since people like to send Bitcoin to people from anywhere in the world then they should expect high transaction fee's, if not then they can just transfer their coin to an Altcoin so the other person could exchange it for Bitcoin.

Is it allowed to say "Bullshit" on these forums? I've always used "Nonsense" instead of "Bullshit" to avoid being punished or such, but if it isn't disallowed, I should just use it? I've seen tons of bullshit posts with bullshit arguments and bullshit predictions and I'd love to express my opinion without changing the words to friendlier versions  :o

 Thanks in advance,
-Panda Trump

Said the dumbass without offering any real argument. Sums up the btc loyalist community. Loyal and dumb.

BTW the University of Luxembourg cryptology department isn't a corporation.

Thank you!

you shouldn't comment on things that you have no understanding of.
go read the bitcoin white paper first and come back to tell us what satoshi is calling bitcoin.

please do that. and good luck.

again you have no understanding of the things you listed here. please educate yourself first.
i would have taken the time to explain each of these if i wasn't sure you are trolling and an altcoin bagholder.

It depends on the reason why do they raised the fees and there is areason for slower transaction we experience right now.They raised fees because of transaction notbeing confirmed fast if it has a low fee.Slow transaction is caused by spam attackes and double spent transactions now

I destroyed our post without having to make any substantial argument as it was built up on lies and nonsense.

Five reasons Zcash is the most corporate coin (https://decentralize.today/five-reasons-zcash-is-the-most-corporate-cryptocoin-youve-ever-seen-a77ac430b0e8). Get a life shill/bagholder. ::)

Classic. People with weak minds can't forgive themselves for not joining Bitcoin earlier, thus they have to shitpost and invest in random shitcoins in hopes of getting money. :D

Partial shitpost.

Even if confirmation is slow it can still transfer money. Even if there isn't instant payments people will still trust bitcoin and they're sure that eventually it will be confirmed and arrive in their wallets. Even if there is the scaling issue bitcoin will continue to move forward. And like what lauda said, goodluck hope you won't be just a bagholder of an altcoin in the end.

Lots of obituary notices seen already.No more please.You guys just need a reason to say bitcoin is going to die.Atleast try to find a valid reason to say that.Bitcoin is not going to die but the altcoins could.

whenever i see people complain about "risks" of double spend and "incapability" of bitcoin to do instant transactions and "confirmation time" and... the first thing that comes to my mind is the real merchants that i have seen or read about.

for instance there was a guy owning a food truck who started accepting bitcoin last year. after a while when he was updating us he said "i have never had to worry about double spend and nobody scammed me and i saw a lot of interest in bitcoin from a lot of different people".

Good luck when btc crashes. I think it should reach 1 million unconfirmed this year. Hope the douche bags in this community are still holding btc.

I found a book that can help you brand loyalists understand.

https://books.google.fr/books?id=mJPNCwAAQBAJ&pg=PT121&lpg=PT121&dq=bitcoin+double+spend+victims&source=bl&ots=6rR0BGcOr4&sig=US3VaiDfwxu1060TJji4O8udnPA&hl=en&sa=X&ved=0ahUKEwjQ5vb5ne_TAhXGnRoKHbu_AkkQ6AEIPTAJ#v=onepage&q=bitcoin%20double%20spend%20victims&f=false   (https://books.google.fr/books?id=mJPNCwAAQBAJ&pg=PT121&lpg=PT121&dq=bitcoin+double+spend+victims&source=bl&ots=6rR0BGcOr4&sig=US3VaiDfwxu1060TJji4O8udnPA&hl=en&sa=X&ved=0ahUKEwjQ5vb5ne_TAhXGnRoKHbu_AkkQ6AEIPTAJ#v=onepage&q=bitcoin%20double%20spend%20victims&f=false)

thank you very much for worrying about us idiots and also thank you for warning us out of the kindness of your heart.

kisses :-*

Yep. Slow transactions will not lead the bitcoin to die in our days because as we know there are many times that bitcoin die and bitcoin will gonna die but somehow we always find ways to revive it and solve the problems. There are many problems of bitcoin butost of that problems are not let it to overcome the reigning era of bitcoin because bitcoin is stronger.

I like scenario 3, it just sounds practical as Bitcoin transaction will become less and less when bitcoin transfer fees and prices keeping soaring even the so called network spammers will not bare the cost and we shall all be forced to just hold our coins.

BtC becoming a digital asset would actually pave way to other altcoins to take over the payment system which would also provided a permanent solution to bitcoin scalibilty.

no it is much better because when we sending a money to any other country through bank it take days to complete the transaction and the fees of bank is also is very high compare to bitcoin. 

Bitcoin still in dominance, it is true that bitcoin got problem with high fee and slow transaction, but alt coin is not an option because there are not a lot of businesses that accept alt coin and most of the people only using alt coin to trade and bitcoin price is still stable and no alt coin can replace bitcoin yet, so for bitcoin to die it still need many many years and there is a chance that bitcoin will never die

all your scenario are very negative . thats why  i cant vote  ;D ;D ;D ;D

Yes, still, but it's raising and it's like bribing to the Miner to fasten your transaction.
In my opinion, Bitcoin is becoming a digital asset, like gold is a physical asset. We buy them, we store them for our future and we'll hope that rate will get better.

Why would someone in their right mind double-spend a in person transaction when they are likely on some video footage at the merchant? It's nonsensical.

Go back to the shitcoin forums that you've crawled out; Maybe I should start exposing the truth about Zcash and Dash scams. ::)

This will happen to every single altcoin if they have a fair amount of usage (hint: They currently don't).

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Most of the remaining posts are spam.

yes i know that it is used as asset but along with that it is also used as a currency. you can see many company has adpoted btc as a currency for their clients and it is because almost all of the users of bitcoin like to use it instead of fiat.

 You mean unfounded accusations based on emotional rantings of a bipolar idiot? Go for it. Dash is doing what is says it will, zcash is slow but can be used in Saudi Arabia and Iran. Still faster than bitcoin though.

Just wait till Segwit and LN will be activated on bitcoin than there will be no any delay for confirmation and fee will also decrease significantly.

Bitcoin is and remains the standard. Other coins will find niches - unless another coin manages to achieve popular support by ease of availability and transactions.

The only danger I see comes from Ripple, but that's still far off with their top-down approach.

Interesting times!

This is not the first time i heard that bitcoin will be die people already said that some years ago even hundred times. I'm thinking the same thing with you op that these scaling issue might be killed bitcoin but the reality is bitcoin become more popullar my friends are talking about it right now even it's on headline due to ransomware virus well it goes viral and also the price was hitting the highest point in it's history. Talking about scaling issue i might agree with you that bitcoin transaction is very slow seems like annoying but i don't see people will leave it and move their assets to altcoins i don't know why maybe they trust it or something.

Bitcoin will never die and people who is holding BU cards will fold very soon . If  BTC die that means every alt coin will follow and collapse because
 
when a royal flush ( BTC ) can not win a hand then not any other hand can win it  :P .  segwit will be activate and every thing will be okay it is only

matter of time I hope so .

High fees will not kill bitcoin by any means because so far I can get my transaction done after all with all the other advantages bitcoin I can still live with the high fees however, the only thing I will see as discouragement and not absolute challenge is the duration of time it takes for transaction to get confirm which now ranges from 3 to several hours.

It may be that you say true because the price is getting higher and bitcoin miners will be reduced they will move to another altcoin which in their taste is quite cheap .. I agree bitcoin will be exhausted ... we'll see about bitcoin ..

So the major disadvantage of bitcoin is that it has a loyal community.

No matter how I look at it I can't picture a single situation where loyalty is bad.Probably in the dark ages but that's in the past.
And btc can transfer money, can have fast payments and can combat double spend issues.

Laws of universe governing decay? What the hell is that?

If I were you I won't be so sure since it will mainly depend on how the current members deals with the current situation and the prospective new member that will enter the bitcoin business and their willingness to continue. There will always be a way to avoid the demise of bitcoins by adjusting to the present status of bitcoins.

There are many situations in which loyalty is bad, including when two groups that are loyal are against each other (such as when excessive patriotism leads to wars).

A loyal community in this case is a good thing.  We can't be jumping between coins every time some tiny little problem comes up - if we did, we'd all be migrating to a new coin every week.  It's important that we're able to adapt the coin we have while it's still immutable enough to avoid potentially malicious upgrades.  I think Bitcoin strikes that balance fairly well.

There would most likely be loss of interest if a solution for the block size is long coming, but Bitcoin isn't going to die, not sooner nor later. Despite the challenges Bitcoin is facing, we can see its capitalization rather on the increase and presently it is worth over $30 Billion, that is a clear sign for confidence and trust and cannot be easily trashed, because people usually put their money where their mouth is!

Dont use drugs, there is no way to bitcoin to die, its a bilion market that has a lot investment under it, or any of you believe big miners will let something happen with their money, even if they had already roi? Bitcoin is growing and becoming a legal currencie/ asset soo it will grow even more and yes the delay over transactions will need a solution, once those handled we can relax again.

I choose this answer: Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system.

Bitcoin will be the same as Gold . Bitcoin will use as payment asset and the measure of altcoins in the future.

I hope so :)

There's never something like "all their BTCs" people never work as a single organism. I'm not considering a move to any of the altcoins as long as Bitcoin presents a decent value.

It may happen if the fees are too high, but notice that along with the fees rises the value of Bitcoin.

Impossible. Crypto gives them something the banking system never will: privacy.

Let's be optimistic and go for number one. I am totally against number two and four. It is never going to happen that bitcoin users will move to some other coin since there is no close substitute for bitcoin, ethereum is long way back. Also four will not happen becauase cryptocurrencies are no longer small project, they are for long period.
However, if present scenario continues then number three is the end of this journey but community won't let the circumstances come.

yawn...

FUD spreader trying to lower the value of the referential currency...probably because he sold at the 1650 price drop and can't get back in.

Dying in this case is a mad dash for 5k...right?

I don't know when these people are going to stop saying that "bitcoin is dead", "bitcoin is gonna die soon", "good bye bitcoin". These people are trying hard to spread misinformation so that they will have chance to buy more at lower price, this is just a scaring tactics so be careful and always remember bitcoin will never die.

your loyalty to segwit and BU guarantee BTC will not adapt.I'd rather have intelligent, rational people promoting my coin than loyal idiots.

In this case, I'm sure that bitcoin will not die, people may no longer be fond of it, however, that will quickly end. Bitcoin is going to decide on segwit, and when this happens, every issue will be resolved and bitcoin will continue to grow.

how many more of these topics do we really need! honestly everyday i come here i see a bunch of new topics talking about the same thing. if you think bitcoin is dead then why are you poking a dead body?

don't waste your time, run to safety and use whatever altcoin or fiat you think is alive and kicking. you don't need to give updates of what you do to us.

Bitcoin is not cash it Gold.
It is a dream

A dream full of hope

And worth a lot of money

Bitcoin would be at 5k right now if there wasn't a scaling problem.  Bitcoin might not die completely if it doesn't scale, but it certainly won't flourish.  


White paper says its cash.  Thanks to Blockstream, Satoshi's vision for Bitcoin has become unpopular politically.  Very sad.

Except it can't do what it was intended to do, act as a online currency. It can't be a value store, that's a ponzi scheme.

Bitcoin can't do 4 transactions per second and segwit is a temporary patch for scaling that will not fix it's slow speed and other weaknesses.
https://blockchain.info/unconfirmed-transactions (https://blockchain.info/unconfirmed-transactions)

I think BU and SegWit both will have some impact on bitcoin price rise or fall, but it will not be permanent . Bitcoin is well established by now and thing like these wont effect the bitcoin price for long. Bitcoin in now been a long lasting currency and no longer just a pump dump coin on breaking news like it was before a few years back.

Bitcoin is much more worth than Gold and even cash.  Seeing the current price of it you can easily say that bitcoin is a precious item. It has now more worth than Gold and it is a most expensive currency,.  Those who have already saved bitcoins are now dreaming high to be rich if the price keeps on moving with the same pace.

I wonder how did you realize I'm loyal to segwit and BU....at the same time :
How about you stick to your crappy altcoins and leave us "loyal idiots" alone.

Also, I'm a little curios about "your coin". Wonder what crap that is.

Claiming that Bitcoin is worth more than gold is meaningless.  One Bitcoin (an arbitrary amount of Bitcoin) is worth more than one ounce of gold (also an arbitrary amount).  The amount of money that people hold in gold is many times more as gold is actually viewed as a safe haven asset.

People claiming that Bitcoin is "digital gold" are missing the point somewhat.  To most people, a currency is a store of value.  The more convenient Bitcoin is to spend, the more stable the price becomes as people have a fairly consistent amount of money in it, and therefore its value as "digital gold" increases as well as it has more of an intrinsic value.

So Bitcoin should ideally be both at once.

Bitcoin is worthier than anything because of it's price range and demand on bitcoin.I don't know why government does not makes the bitcoin as legal in all the countries apart from Japan.still many adoptionhad increase towards bitcoin.
One bitcoin was compare with one ounce of gold in Last February but now it's most costlier than that.

Why do you compare bitcoin with an ounce of gold?
Not with a kilogram for example?

Those comparisons are plain stupid. It makes no sense comparing a barrel of oil with two cows and saying that milk is more expensive than gasoline.

 The main differences between bitcoin and gold. Gold can be spent and is accepted everywhere and it will also be around in 10 years.

i never get a problem with payment, if must wait the i will wait my transaction. why you not leave bitcoin instead of make nonsense post like this ?

If BTC fails and crashes it affects us all. It will slow down adoption. So the blind loyalty of this community hurts us all.

People will move to LTC in order to make fast, instant, cheap transactions. BTC will remain the number #1 coin but LTC will easily go to $200 ish as more and more people catch up with the fact that right now LTC is the best coin to make transactions with.

BTC can profit from cross chain atomic thing in order to make fast cheap transactions thanks to LTC + segwit + LN.

Well' that's absolutely not my case, man.

I am not a speculator and I still want Bitcoin to be the best online payment service, a real digital cash. I never bought Bitcoin and never will. I earned all the Bitcoins I have.

Maybe I didn't explain well. In my OP I meant that unfortunately Bitcoin is not a good payment service anymore and that's a fact. Its problems are very easy to see.
But if you consider it a digital asset, well it's still alive and kicking. The price may come up and reach even 5000 $ in the next few months.

But when I say "Bitcoin is gonna die soon" I mean as a payment service. It's useless.

Bitcoin is the most successful cryptocurrency so it cannot die easily in just a split time that can happened but doesn't mean it will gonna happened we can see the bitcoin price go down a lot but I guess it is just the circulation in the market and will go up again these coming weeks.

It's not going to die.  It's here to stay.  That being said, I think BTC is just going to end up as the gold standard by which values of other coins are determined/exchanged.  It'll remain as the intermediary that can be settled for fiat, but not for everyday use.  Lots of coins out there with lots of purposes.  There's room for all to survive and thrive.

No I dont think bitcoin is going to die anytime soon.
bitcoin is controlled by all the users using this currency its impossible to stop.
Peer to Peer said it all.

What exactly are you doing here ?

You are like, woha, i discovered steel but nah lets use bronze.


I really like that

i am choose this :

Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system. (Note that Satoshi thought of Bitcoin mainly as an innovative payment system)

because i see that the opportunity for bitcoin is wide open and bitcoin can attract more user to join. i think if people can buy bitcoin and they are holding their bitcoin, i am sure that in the end, that person can make big profit just to hold bitcoin. but if we wants more profit then we can wait for a while until we see the price is getting up again.

It's likely that use cases will differ if the price keeps rising. Paradoxically, a higher price makes use of Bitcoin less convenient as the also correlated use rise makes the value of fees rise up by a great margin. Still though, there are going to be use cases for Bitcoin as long as there is demand.

litecoin have no business that make it usable, why they should need lower fee to move their big ass pack of litecoin to dump on exchange lol? low fee are suited for low purchase, but litecoin is not usable, which mean that nobody will move to litecoin from bitcoin, bitcoin will remain the king

I don't see any valid reason for bitcoin to die. This is a technology innovation which has paved path for a big success in various services. Bitcoin being the most popular success through the same technology. The technology is advancing higher than going down, which assures that bitcoin lives long.

Bitcoin can die and yet it can also resurrect itself in a matter of just seconds...and I am adding my post here of the many who predicted of the demise of Bitcoin and witnessed how Bitcoin is able to make a comeback anytime. Without Bitcoin, there would be no altcoins and I think we should remember that. Bitcoin opened up the way for all to follow. Soon the Bitcoin stakeholders can find a way to solve the current problems besetting Bitcoin.

Let me correct that for you. Fiat money is done. It's easy to counterfeit and inflated beyond hope. Gold is worth much more than fiat already, because if it gets stolen from you it's going to be much harder to sell than cash and easier to trace. Also gold gains value while cash loses it. Gold also doesn't depend on politics.
Bitcoin is even better, because it's harder to steal and easier to move around.

I, too, do not see the cause of the death of bitcoin. On the contrary, he experiences active growth and development. And about it tells us the price, which is constantly growing. The popularity of bitcoin is very high

If BTC fails and crashes it will not just slow down adoption, it will essentially crash any trust that the average person has in cryptos and it will essentially scare a lot of people off for good. You'd be close to hitting the reset button on the community at that point and there would be a lot of rebuilding and restructuring to do for it to recover after an event like that.

Bitcoin has several major crashes. It always returns stronger. Always. The loner you are in crypto the more you will see this is true. Bitcoin will never die. Maybe one day far in the future it may becomes marginalized but it will never die.

Another one killed bitcoin in just a flash.  :D
Are those really the reasons why you want it dead or you got a banner for another crypto currencies.
That is a wrong way to do it. Support your altcoin without killing something else. Be a good supporter and you might look more inviting to other investors.
Transaction fees didn't really change that much. We just felt it more because bitcoin price is so high now.
If you want the fees to go lower in USD. You could wait for it to come down until you do your transaction. But I doubt it will come.
That is better news for you. You will hold your bitcoin a little longer.  ;D

Best part is you convert your coins to fiat money then price is going high and you have same value as fiat money. Bitcoin is tool for investing and maybe good tool for alternative investments. As an investment, bitcoin is probably one of the most successful schemes in our era. The blockchain is controlled by a small number of mining pool operators - resulting in a system that is arguably more centralized and less equitable than our existing financial system.Just check that unconfirmed transactions on blockchain. Now more than 95000 :o  Bitcoin is gonna die soon because of too high fees and too slow transactions. It is becoming a very bad quality payment system, with no relevant pros  cause of high volatility. Governments  and big banks dont(cant) want to control prices and this volatility on prices gonna to kill pros.

The situation is going to become unsustainable, even worse, so the developers will need to find a way to fix it to make the transactions faster again and with cheaper fees. I believe no one here wants Bitcoin dead, so something will be done and I think it's near ot happen. All the reputation Bitcoin built along the years can't die because a minor issue like this. What complicates the situation is the splitted community that doesn't agreee for a common solution.

What? That doesn't make much sense. :D

More and more companies, businesses are adopting bitcoin and more and more people are buying and holding and where is that going to lead bitcoin, I don't know.. but those transaction fees tho, it just hit me. Something should be definitely done about them, if the fees continue to scale with the price, then it's gonna be rather interesting in the next few years.

Its the reality that bitcoin will never die. Just because it went throug a lot of crashes many are telling that i died. I don't think btc is that weak. We already witnessed on how stable bitcoin is. And we will see it flying high to the moon, these people maybe sold at lower price and now they are very disappointed.

i call bullshit, bitcoin has pros other then faster and cheaper transactions. you should look into those. people will continue to use bitcoins regardless of higher mining fees as long as those other pros are there. bitcoin is in no way shape or form about to "die". my poll option was #1 and also was voted #1. i agree with GetClams.com 1) i hope you get clams... 2) bitcoin always gets stronger after each set back anyways so booya! put the energy you are taking up to say "oh bitcoins gonna die...." and use it to learn what is really happening.

I believe the scaling issues are going to be solved somehow and Bitcoin will return to its good old days, not the pricing but its efficiency and functionality but as to when it will be I can't tell but I'm positive.

Wow what a crappy topic. Yes.bitcoin is going to die so why are you still here ? Stop using your profile here and disappear. Such nonesense you talk. Have you ever used s bank in your life ? Do you know what banking fees are ? Bitcoin is still cheaper and faster then banks. Banks can take easily up to 3 days when transferring from on bank to another bank. So what exactly are you talking a out here ? You don't know what you talking about you just saying silly things.

I've read so many articles, threads, and news about BTC being dead and yet, we are still here with price hitting ATH in the past days. Though we have many problems ranging from high transaction fees to thousands of unconfirmed transactions in the mempool, I'm still hoping that the devs will solve these in the future. BTC has strong foundation in its own right. Enough with this doomsday threads.

Don't waste your time by writing non-reasonable ideas about bitcoin.  ;)

Looking at the present price of bitcoins I don't think that bitcoin is dieng or will die soon as the price of increasing and it will keep on increasing in near future too so its an best investment to make at a moment.

of-course the price of bitcoin is increasing very much at this time and i do not think that bitcoin is gonna die soon because its popularity is increasing very much and people are investing lot of money in bitcoin and i think a lot of people are attached with bitcoin in some ways like such as investors, traders and those has has find his jobs in bitcoin forum, so i think bitcoin will not die for long term.

Bitcoin is not going to die soon. Fees will increase short term. Then segwit or something helpfull will have to be implemented. Thats all! No fear guys. It will be ok we need to focus on solving problems and not complaining.

yeah bitcoin will be never die because bitcoin will be survive forever and we know that a lot of business company adopt the bitcoin and a lot of people also adopt the bitcoin for the future because everyone know that bitcoin will be more rise in the near future and bitcoin advantages will be also increase.

i agree with you that bitcoin will be never die because bitcoin is very stronger cryptocurrency and you are right that bitcoin will be survive forever and i think there is no one any reason to die bitcoin and i am sure bitcoin will be our regular currency in the future.

yes bitcoin in now becoming more and more powerful and stronger, because the users of bitcoin are continuously increasing who are investing their money in bitcoin. people are using bitcoin for investment method as investment in  bitcoin in present time is really a very safe and profitable investment. i think those people who have invested money in bitcoin some years before now they are milliner, but still people have the chance to utilize some good profit.

Bitcoin is very tough and strong and it can never be stopped by simple problems and attacks. There was the bubble in 2013 but it did not stop bitcoin to grow. Another was the problem on the blocksize that threatened bitcoins existence and yet it continue to excel. Several issues on hacking huge exchanges causing them to lose billions of investment but it was not enough to take down bitcoin.

I think bitcoin can possibly die, because the hackers are making move on their project call OP wannacry ransomeware and last week it happen and the bitcoin price dump very large and this week they are planning to make a new launch which is 2.0 of that project and that ransomeware is no kill switch so expect the dump and the worst is bitcoin will be dead.

Technically speaking, we're all dead and solar system already destroyed, we just don't know it yet because time moves with different speeds.
You think Wu will stop ejaculating antminers any time soon?

At least if it dies fees will go back down and spammers drop spamming, maybe we need to kill bitcoin so it can be reborn much stronger than before?
Just like in Batman when they wanted to destroy Gotham to cleanse it :D

Why some of you are too much sensitive when some one says bitcoin going to die?

Marketcap tells me of another story far away from dying bitcoin.

you are saying a bunch of stuff that are completely irrelevant to each other!
the wannacry ransomeware is just a ransomeware or malware like any other, and just like many other things it is using bitcoin. the amount of its usage is too tiny it is not even counted. there are small businesses out there that have more volume that it had. it is just the media that is focusing the attention on it and bolding bitcoin part of it.
also price has nothing to do with it. it has been in a small bubble and we needed a correction as everyone expected that happened.

i totally agree with you, it cannot be pull down by anything that has been trying to push it down, bitcoin has been going stronger for many years , and it is gaining its value more often , and people are more interested on it , and people invested some of their money there in bitcoins because they see the potentials in bitcoins. bitcoin will be stronger and stronger and the value will continiously go higher.

There is very least possibility that bitcoin will die in future as it is still in its early days and still it has managed to achieve good price so in future when bitcoin will get more older and will become more popular its price will  be even higher.

Bitcoin will simply not die why? Because it simply can't.
The transaction is slow ? It's fine for me my 0.01 got confirmed in in just 5 mins, why? Because i know how to use bitcoin properly.
Even if segwit doesn't get implemented it's fine we still have other options and transaction seems still convenient, segwit will only get implemented if we exhaust all our options or emergencies.
Im sure proposal will be presented regarding the bitcoin scaling solution, so why rush?

I do not think it's easy to turn off something that has a very high price, especially bitcoin. If it's altcoin, of course it's possible, but it's very hard to imagine bitcoin die, because it will make a lot of people lose. So I guess, bitcoin will not die that easily, because it will always be updated.

The first one that bitcoin developers will figure out and sort it out for us, and that's what I have always believed from the start. Yes there are problems, frustrations all around but trust me solutions will come, we all need to focus on solutions and be far more positive. Negativity won't help us, we have come to far to let it all go. I would request you to add another scenario we all get together and support it, irrespective of the problems and help it through a tough time.

Again, it comes down to the community support and the faith the community has in Bitcoin as a whole. As long as the community remains present and they are active doing things within the economy, be it spending, trading or working, then there is a significant chance that Bitcoin will continue to be fine for a long period of time. If it doesn't keep going down that path, however, then it has the potential to die. Is that likely? No.

An important lesson for some newbies;

Bitcoin has been an opened source experimental software with the A-Z publicly available from the start, every thing is transparent and visible and the serious miners/users have reviewed it before using and investing their money, they know all about it and current situation is not about the code, it's about the people using it.

Satoshi has done a great job and he was more focused on how to ensure the decentralization and immutability, in fact he did his job so well that caused this stalemate, you can't blame him or Bitcoin, you should start blaming miners because even I could code a crypto currency and offer it but only if anyone used it which are miners, no one to blame but miners who are stalling progress.

OP! I understand your plight but if you really want to hear the truth! Bitcoin is just starting! Not like you don't have some points, Yes! Bitcoin can die. In as much as I'm a bitcoin enthusiast, I know that can happen but the only way that can happen is if a way better cryptocurrency comes along and people lose interest in Bitcoin and slowly move to this newer and better cryptocurrency but what you are not seeing is how strong bitcoin already is that all these other altcoins are just following put.

First and foremost, Bitcoin does not have any weak point. There is no central server or code to break down and render the entire system dead in a moment.

Secondly, there is already a lot at stake. Have you checked coinmarketcap lately? Money, dreams and careers, all are at stake if Bitcoin fails. There are now thousands of businesses and hundreds of thousands of jobs in what you can call the Bitcoin industry. Over a $1 billion has been invested in startups offering services and solutions built around the cryptocurrency. So, no matter the fight between any player in the bitcoin industry (developers, miners, entrepreneurs etc), it will always be resolved because every player in those camps has something to lose if Bitcoin fails and successful bitcoin translates to everyone being successful.
Let me even use you as an example, you already have like 10btc in your wallet which you had few years ago. Knowing its worth now, would you want bitcoin dead? So you will want to hop into another cryptocurrency you are not even sure what the future holds for it as most of their prices are still centered on bitcoins'?

Lastly, Bitcoin does not have a governance structure that is clear and no one, not even Satoshi Nakamoto, the master himself who invented Bitcoin has the authority and power to decide the way forward. Like a blogger said, "It is consensus all the way. And the community can achieve that through negotiations at roundtables or the hash power. The latter option involves nodes in the Bitcoin network voting for the version of code they want by adopting it."

These reasons would make a swift failure of Bitcoin harder than anyone can often bring themselves to think.

No, of course I don't want that, but at the same time I prefer to hold my coins rather than spend them.
When I say it's gonna die, I mean that Bitcoin is becoming worthless as a payment service, not as an asset.

From your mentioned scenarios, I think number 3 is more likely event in the sooner future, but eventually I feel it will be number one, all the problems that may be halting bitcoin will eventually be solved and it will remain the number crypto and actually be enhanced to a greater level as well.

3 things:

1. We should not compare Bitcoin to banks. We should be much better than that old crappy centralized system.
2. As an online payment service, it is more appropriate to compare Bitcoin to e-wallets like paypal, skrill, neteller, etc. Well, if I buy stuff online using such e-wallets, fees are much lower than Bitcoin (often 0) and the transaction is instant. I would like Bitcoin to be like that. Then, I know there are lots of other problems with those e-wallets (centralization, limits, verifications, low privacy, etc.) but if you consider only the payment part they are much better than  Bitcoin. That's a fact.
3. We are all Bitcoin enthusiasts on this forum, but think about other people who don't use BTC yet. Why a business should use Bitcoin. Which would be its advantages? No one to make a business owner change his habits. We should think about mass adoption. It will never happen if fees are so high, transactions are slow and may be never confirmed even if the sender sets a high fee.

I know what I am talking about and I did this thread because I love Bitcoin and I want it to be a better payment service, not just a digital asset.

Yes, many people always said bitcoin will be died because of there​ are no developers
investors and other problem related with bitcoin.
The fact bitcoin is still alive until today and many investors made investments into bitcoin
 it is new revolution of currency, the comunity of bitcoin will make bitcoin be alive
although many people says bitcoin will not survive.

Oh ok! I understand your point of view now. The funny thing is people will still keep exchanging irrespective of the exchange fees, speed or whatever and you know if it becomes worthless as a payment service, people will start dropping it and definitely it becomes worthless too as an asset. There are two categories of people thay keeps the system moving, THE HOARDERS AND THE SPENDERS and without the two, it is a NO NO. What is increasing the value today is how readily people are accepting it, using it to pay for stuffs and exchanging it.
Demand and Supply - that is what adds value to things anyway even fiat currencies. Once there is always more demand and less supply, the value rises and the two must always go hand in hand. So once it starts losing its value, it gradually starts getting worthless, and people may start looking for a better alternative if there is any.
And since you already said you prefer to hold your coins rather than spend them, you won't as well want the value to drop right? I am sure no matter how bad the payment service is, which I don't really think it is considering the value, exchange won't stop. This is just a little I know about how the exchange market works though, maybe the gurus can shed more light.

Those things are connected and we cannot have the latter without the former. If Bitcoin becomes worthless as a payment service its value will drop to zero and thus it will become worthless as an asset.

It's hard to determine how situation will change in near futurr because there was planned hard fork to fix current situation. Also still there are many only bitcoin services and people have to use bitcoin mostly than altcoin. Maybe transactions will become less and less. But OP's 4th scenario is senseless to my mind because still many people uses banks for btc/usd or other currency exchange, btw we can't avoid banks and it has nothing to do on bitcoin's popularity.

I am all in when op said it was bad quality for payment system because of high fees and very slow transactions (confirmation). People want to spend and store their money with something simple, easy, fast, cheap and secure payment system. Everyone knows bitcoin now is not like bitcoin few years ago.
Reduction of bitcoin users can't be unavoidable because of these reasons, but as a long term investment crypto currency asset, it's still number one.
I don't one of your polling is gonna happen to fix this, maybe I can say people have found the solution. It's called Ethereum.

Bitcoin is gonna die for sure but it will not be soon because it will take a lot of time and almost a lot of decades before bitcoin will die because a lot of people now are using bitcoin and bitcoin is just getting started to be notice by the people around the world so it is not that easy for the haters to make bitcoin die because they will die first because of being old rather than bitcoin.

Bitcoin can die, however, it is very unlikely, it will continue to grow, because it is being used by many countries. Some guys are always looking for ways to ruin bitcoin, but they have never been successful, bitcoin is still growing and will be stronger.

I think the scaling problems will be solved but it is still a long time away and the damage to bitcoin may be irreversible, as for altcoins I don't think any alt has really solved the scaling issue yet though some have already adopted segwit its only an intermediate solution. I also don't think people will move back to the old banking system so I would say in the short term option 3 is the most likely and is already happening btc is becoming an asset rather than a currency. Eventually the scaling issues will be solved however so option 1 is the long term scenario that I predict.

Yes because of there are problem with bitcoin (block size of bitcoin issue and other) doesn't mean will make it die soon,
 the comunity of bitcoin are still believe in bitcoin,
so many people who use bitcoin for investments into bitcoin or payment method for daily transaction
all of comunity has known about problem on bitcoin, up to right now it will not be problem.

All that hard  work put in by a lot of people over the years would be put to waste if bitcoin folds up, which seems unlikely as more people are getting into it, and solutions are being formulated so the issues will be solved. It ia not an easy task because of the many parties that need to agree on certain things but they have their work cut out for them and we will see if in the next twelve months what other issues we would have to deal with.

If it keeps dying like this the value will be ridiculously high. Heck it already is. Bitcoin, just keep on dying the same way...

Partially agree with your post. Surely many people are involved in Bitcoin businesses, but if we don't find a way to implement a solution in a short period of time newbies won't be attracted by Bitcoin and many businesses which receive Bitcoin payments could switch to other services.

Why a business should use a such slow and expensive payment system? There are no relevant pros...

If in a few months bitcoin does not adjust the speed of operations, many users will abandon it and it will die. I hope bitcoin corrects this deficiency and everything will be fine, because he has already experienced various falls for so long.

I really hope so, but it seems so difficult right now to find a solution...

 :)

Yes, if it keeps dying like this, I can live with that.

But, without the Bitcoin Community solving the scaling problem(s), and I blame both sides, BTC will not offer a welcoming and comfortable environment for new people.

New users and new merchants accepting BTC are the long term keys to Bitcoin thriving.  I hope the MINERS and DEVELOPERS will grow up and resolve this.

but in fact bitcoin is already providing good opportunities to the people to use bitcoin and get profit by investing it in altcoin, from where one can realy get a good profit as there are so many opportunities to get profit from bitcoin.

This is exactly what I think.

Many people here, even legendary member, are too concerned about the price. They say "It's hitting 2000$, etc." What they don't seem to realize is just that. Most of us wanna buy stuff with Bitcoin, but if stores don't accept it we cannot do it. It's pretty obvious.

But new merchants don't accept Bitcoin because it's not convenient to do it.
Merchants who already accept Bitcoin don't receive payments, because buyers don't want to use it because of high fees. Thus merchants stop accepting Bitcoin payments.
So this is a vicious cycle and I think it will hurt Bitcoin.

Hoping miners and devs come to a solution...

I think something is wrong with your prediction, also you could see in this thread, mostly people will not agree with your one point and that is bitcoin is die. Why you are not looking the price of bitcoin? Everyday bitcoin price gonna high, its mean bitcoin will live long life, it doesn't mean that bitcoin is die. But i also think bitcoin should do, to improve the payment system for the people.

Yeah, i agree with you. Bitcoin will live a longer life than the expectation of others. The best proof that bitcoin will continue to live is the price of it right now and that is more than 2000 USD and soon it will climb up more, so i think instead of doubting about bitcoin. It is better to just join the boat and be rich after 5 years.

No strong reason to say that bitcoin will die soon or later. Even if strict regulations were made bitcoin cannot be destroyed or lead towards death, because bitcoin as a innovation has got multiple usage not only as a currency, it also got usage in gambling industry and other sectors. So surely in one or the other way bitcoin will be used forever.

But this is exactly why I think that bitcoin is this:
"Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system."

Bitcoin is entirely designed to become that.  Bitcoin got publicity as a "payment system" and this got, with the help of useful idiots, it rolling, but everything in bitcoin is designed to become a speculative digital asset, in about similar ways as the complex derivatives that banks were playing with until it blew up in their face in 2007.

Bitcoin has some aspects that make is somewhat suitable to be used as a somewhat clunky payment system, but if you think about it, for far most payments, if they are "open and legal", it is much, much, much easier, safer, etc... to use the fiat system than to go through bitcoin.  In most situations, you need MORE fiat actions to use bitcoin, than if you used the fiat system directly, and you need MORE centralized entities and trusted entities, than if you used fiat.  In practice, you need to send fiat money from your bank account to a (trusted ?) exchange ; then you need to buy bitcoin IOU on that exchange ; then you need to withdraw those bitcoins to your local wallet.  Only then, you can buy the stuff you want, if ever your transaction gets through.  And the merchant will use a payment processor to get his bitcoins converted in fiat again.  Phew.  If a direct bank transfer to the merchant were used, you could leave out 2 of the 4 trusted entities: the exchange and the payment processor.  You would only use your bank and the merchant's bank.  And you get legal guarantees.  If you use a credit card, then you only use one trusted entity: the credit card company, with all its legal safeguards.  No thickfingering of the amount or something at risk.  If hacked, you can call them and you are refunded.  In case of being scammed, you have the legal apparatus behind you.

However, in those places where fiat cannot go, or is risky to go, crypto currencies can be of much more usefulness.  This is seen in dark markets, bribery, ransom taking and so on.  This is the real good use of crypto as a payment system, and this is the economic value of crypto in the economy.

The reality we see now is that the harder it is to use bitcoin as a practical payment system, the higher the price goes.  This is because the price of bitcoin itself is NOT related to it being a clunky payment system.  It is because bitcoin is functioning as a highly speculative asset, and its main purpose right now is to serve as reserve currency for alt coin exchanges, being itself also a speculative asset, but MAINLY serving to back up the wallets of exchanges.
On exchanges, you don't use bitcoin, but you use bitcoin IOU, but the block chain is there somewhat as the "central bank of exchanges".  Only very sporadic withdrawals are needed and whether the block chain system functions smoothly or not doesn't matter much: the real token is the exchange IOU, only to be backed by bitcoins on the block chain pro forma in most cases.  

MOST of "bitcoin's usage" is people putting fiat on exchanges, to buy bitcoin IOU (not block chain bitcoins, but exchange IOU), to play with it on alt coin IOU (where the block chain matters even less), and speculate like the traders do in bank front offices on clearing houses.  When they have lost enough fiat, or when they have won enough, they sell their IOU on the exchange for fiat, and cash out.  Occasionally, they may withdraw coins on a genuine block chain, and transfer them to another exchange or so.  But mainly, bitcoin is an exchange IOU in speculative affairs.  This is what makes its market value almost entirely.

The block chain is simply there as a kind of "backing" for these exchange IOU "in case".  Whether that block chain works well or not doesn't matter: it only helps to define the exchange IOU on which one can gamble, like one gambles on complex derivatives.

And this fits entirely bitcoin's initial design (even if it wasn't its publicized purpose).  This is also why bitcoin doesn't need "VISA style" transaction volumes.  The 1MB limit will eventually force "payment usage" off bitcoin, and it will end up being essentially ONLY a settlement network for exchanges and for big sleazy business, because transactions will be expensive.  The move to a somewhat higher room on the chain will simply push this transition somewhat further along the road, but in the end, the individual cost of decentralized block chain transactions growing with its user base, at a certain level of adoption, bitcoin will lose all competitive advantage as a payment system ; its speculative definition with its emission curve that goes in the opposite direction of adoption, and hence stimulates speculation like nothing else (see your own "get rich" statement, which is the basic tenet of bitcoin since its inception) makes that it will never be a very fluid currency, but will be a super speculative asset.

Bitcoin can die just because the entire government prohibits the use of bitcoin. Although this is impossible because Japan has taken a positive step, but the possibility that still exist if America and Russia do the opposite. If we think theoretically we are the ones who continue to make bitcoin life without ever thinking about bitcoin will die.

Stop with the country / people in a country confusion.
It's not like China or Japan or Germany is using bitcoin in balances, treasury or loans.

It's people in those country that use bitcoin for their purchases.
Do all posters here come from communist countries where the state is all ?

BTC will live on its own if those problems will continue people will fork BTC to daily currency to bypass BTC limitations while orginal chain will remain asset class.
BTC was dying to many times to fell fear now IMO. every year BTC is dead and live.

I really doubt that bitcoin will die even with all its problems. It is like digital gold with even more money getting in it.

He just want to spread some fud and he knows the fact that bitcoin will never die. Who will believe with a virtual coin that has a value of $2k will die very soon? I don't think that someone is going to believe with that lie. It's clear that bitcoin has a big potential and will possibly dump a little bit but it won't die.

As I told elsewhere, while Bitcoin price is rising no one gives a fuck about high fees and slow confirmation times. Well, some people certainly give plenty of fuck, but they are in minority anyway, and still more so in respect to the amounts they handle (sad but true). Regarding the questions raised in your post, you don't take into account that most bitcoins are either traded or stashed right away, i.e. they are not transacted, so my choice has obviously nothing to with your list of options. As I said, as long as Bitcoin continues to rise, high fees and slow confirmation times are irrelevant

This basically explains the seeming paradox of the price rising despite the high fees

I think continuous increasing of value is not good in bitcoin because if will increase value in the highest level no one like to buy for it all users even investor only want is do work to earn bitcoin and not to buy then the demand will slow down together with the value of it.

Give me some air, do you know what are you speaking?
Prices of Bitcoin doesn't got fixed by any heavenly verdict or by God. Its prices are determind by buyers/sellers. If btc worth $2000 today, it is because people wanna pay that amount for it. Suppose people stop buying at this price, price will automatically take a dip.
Also there is difference when we say price and when we say value. Prices are in term of currency worth whereas value is in term of commodity worth.

Bitcoin will improve day by day. Now the world's developed countries depend on Bitcoin.

Do I need to say more?

If Bitcoin fails, the whole crypto fails. Look at all these cryptos, there's nothing decentralized over there.

I do not believe that bitcoin will perish. It invested a lot of money. That is why the problem of transactions should be solved in the near future. Or bitcoin will cease to be a means of payment and will become an investment

This is a very tricky and slippery path

So you should be cautious taking it since you may arrive at conclusions which even angels fear to make. Moreover, you should fully understand the claims you assert. For example, how do you fancy Bitcoin value measured in terms of commodity worth? That's all Greek to me, so could you explain what you mean by that? I have my own understanding but you may mean something entirely different, so what's your idea or view of "commodity worth", in respect to Bitcoin specifically?

Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system.

Every day new users will come and buy coins from those who, because of panic, sell their coins and thus at bitcoin there will always be active deals.

Obviously I mean in general, not specific to Bitcoin. He was referring bitcoin's value equivalent to bitcoin's price, which in not correct!
In general, value of anything refers to its worth caused by features, specification or more belonging to that particular anything. Whereas price arises out or trading of that anything  which has nothing to do with its value directly.

Why is that not correct and how is Bitcoin different?

If there is a free market with enough participants which provide enough liquidity to properly balance supply and demand (i.e. enough to correctly establish the price of a good), then this price should necessarily reflect a true value of that good. And this is even more applicable to Bitcoin (which you somehow seem to exclude from consideration now). Apart from that, I don't understand what you mean by "value of anything refers to its worth caused by features, specification or more belonging to that particular anything". Basically, you just say that the value of something is what something is worth. As to me, this is an obvious case of tautology, like "something is valued because it is valued". And what is that "commodity worth" (as you call it)?

The best choice for now is bitcoin users will move all their BTCs to the so-called "altcoins".

Yeah almost impossible that is could happened bitcoin have a lot of opportunities and have a lot of users it is almost a industry in the world so it can die just easily and become a dump coin in the market also it is the most successful of all of the cryptocurrency in the market.

No that's not the right thing to do because, bitcoin will never die soon. In fact more are investing now even those wealthy people has invested their money. There is no reason bitcoin will die, and if ever there's a possibility to happen many businesses will be affect; those connected technology of blockchain network. More coins now were more dependent in bitcoin and if there is btc death well that's the end of the digital currency world.

I picked the third option because it seems that most people trade and hold bitcoins and don't actually use them for purchases.

Bitcoin will definitely not die in near future but people who wants to make quick profits will surely divert their some funds in altcoins as making profits from bitcoin can take longer but altcoin market is full of pumps and dumps so in that case people will switch to altcoins for a while to grab big profits in quick time.

No need to rush to conclude this, if bitcoin have problems of course we already know the info that causes price to be chaotic.
Altcoin is indeed a major alternative to business diversion, but bitcoin persists because of the high level of trust from users around the world.

Currently there is no accurate info about future of bitcoin, and it seems that bitcoin will not die in the near future as bitcoin prices continue to rise, as well as entry of investors from various circles and bitcoin users growing in different countries makes bitcoin stronger As the best digital currency for now.

Based on what is going on, we can make bicoin predictions, and certainly, bitcoin will not die, there are too many advantages for it at the present time. Bitcoin is being accepted by many governments, this makes it the most legitimate penny. In addition, 2mb segwit is being accepted, it will solve many other problems. A beautiful future for bitcoin.

no, you mis understand it, when bitcoin is up, when it increases its value, many people will be happy why? for example when they join a signature campaign here and bitcoin will directly paid to their account when the signature will end, they will earn more now because the bitcoin is up now so that their payment will increase too, bitcoin will never die, it has a strong market value.

It is crazy to say that bitcoin will die, that will never happen. The bitcoin has grown and is continuing to grow, becoming stronger than any other currency, and even surpassing gold and becoming the most horrible economic currency in the world.

Actually im bit worried for campaign thing if bitcoins would go up for more since they've got possibilities to closed their sigs since if they calculate their money spent for that well provably they will be shock and turn cautious for their site fundings. Although we can earn for more on this but the chain reaction will directly hit to those people who finding some sigs since actually theirs no new high payment campaigns has been opened up yet for now.

No need to worry signature campaigns are not going anywhere as they also need marketing and promotion for their coins but the possibility is that campaigns will start reducing the pay rates depending on the price of bitcoin and signature campaign will always be one of the source to earn bitcoins.

Bitcoin will not die because people are still hoping and dependent on bitcoin, that's one of which reason why BTC is still alive.

None of the above, I have been using bitcoin only for 2 months and guess what, no matter what problems it faced bitcoin continues to grow, there is a probability in what you state but the chances of these things going to happen is too low, it may drop its value but it only means more demand will be its counterpart.

What you are telling is true but until the transaction delay and transaction fees problem are not solved i dont think that bitcoin will be strong for long time, if the current problem is not solved soon then i think more users will start to shift to other altcoins which are going strong like ETH

I'm not sure if this is true on the whole

As to me, the recent mighty rally of Bitcoin as well as other cryprocurrencies would actually contribute to more demand for advertising. This is not a rocket science, after all. If some coin rises in price, it pretty much means it becomes more popular (otherwise, its price wouldn't rise in the first place), but if it becomes more popular, it should necessarily attract entrepreneurs and startups that would need advertising. Further, it is obvious that long-term advertisers have long-term reserves of coins, so advertising for them becomes cheaper overall since they can lower payment rates in Bitcoin and other coins (if their rates weren't already tied to Bitcoin price)

I don't think talking here about chances is the right thing to do.
No one knows what will happen tommorow morning.
People tend to forget but the BitCoin was ~1800$ 2+ years ago and then fell ~90%.
Now it's price is soaring again, no one can say what will happen next!

"People will get tired of cryptocoins and move back to the ol' banking system"

⬆⬆Better still, people will get tired of the new ways and move back to the old. Really?

The above is very unlikely unless Bitcoin is  deliberately destroyed or those "People" are the few who don't know what Cryptocurrency is all about or those who have no interest in it whatsoever.

Bitcoin will never die as long as there are engineering who will fixed the bugs or any exploit that will happen on bitcoin there always a way but since bitcoin is presented it almost perfect to me. people will get tired of using this currency maybe if they will keep loosing money from bitcoin currency but bitcoins gonna die? I don't even think so that it will happens.

Existence is truth, I regard BTC as a financial test products
maybe it will failed ,maybe it's more expensive than gold

BTC can't die unless you shutdown the internet.
No seriously, its just the beginning of a new era of a world currency, I highly doubt it will "die"

I think it could happen .... I once read an article that discusses about bitcoin will die ... in fact a bitcoin. .. which they think bitcoin will destroy the role of the dollar in the world and will control the global market in the world ... so from now many countries that do not approve the existence of bitcoin ... thank you

Yes it cant be die. I have read an article where the most rich man in the world has been believes in bitcoin too. And they already buy some of bitcoin because they believes that bitcoin will be go higher and higher in many years to come and they think that theres no doubt thag bitcoin may reach about million too. I think bitcoin may goes down its value but it will never be die.

We do can predict the future but not 100% but somehow and I would agree that bitcoin would not die in the near future considering the good news and the developments it had undergo with the acceptance of Japan and next Australia with other countries releasing regulation though they haven't fully acknowledge it yet but I am positive that soon they will.

No. That is very impossible that the bitcoin will die. It will never die and many people know it. Because bitcoin now is more popular than before and it also gaining more power. I promise that the bitcoin will not die.

All things can happen without us guessing. We just think or thinking about something from what we knowed it, like the bitcoin here. I don't think bitcoin's gonna die, maybe it looks like getting bad since of a lot of things in the know. But I think it's just a temporary happened.

yes that is right we can expect that bitcoin remain for ever and will never die. it is now becoming the main currency of life. because bitcon is becoming popular more and more and people and shopkeepers are now accepting bitcoin for shopping people are now using it for payng bells so bitcoin is the future of money.

This is not the point of OP, the thing is bitcoin is now having a problem especially in terma of transaction delay and the fees in evert tx you are going to do.
I guess it is obvious that bitcoin really have strong support from the public so it will never die, it may drop but not die at all especially that there are merchants and business in really economy that accept bitcoin to transfer money or pay them.
I guess developers will going to improve it at all. Nothing more can resolve it but the developers alone.

Bitcoin is gonna die soon, i've seen a lot of  this phrase way back 2014 when the Bitcoin price was going up, people didn't expect that this coins price will continue to grow, that is when people that was not able to invest early spread rumors that Bitcoin is gonna die. But wait look at it till now, it is still alive and price grows more.

Lets see if the price would go down and see whether the major investors will back out,if they do so then we could see a sub thousand coin which would be funny,if the price falls that much will people ever enter those valuation,i am sure people will and we could see a gradual growth at a slow price,what ever it may be bitcoin wont die.

The idea of some speculations regarding bitcoin is gonna die soon is not and interesting things to know, because if we gonna believe in that possibility I think we are not here having our opinions in the forum. Rumors will always be rumors and exactly it poisons the minds of those people who doesn't have strong fate with bitcoin, and worst is it creates an idea of panic decisions which made investors decide panic sell and it really affects bitcoin economy.

Come on, this issue has been around since bitcoin first there, will not sell, dying and then die. It may happen, if God wills, anything can happen. But there is no certainty or big issues that can be trusted to make bitcoin die

Change that to not in our lifetime.
There is no never for anything in this world.


You probably failed the English exam.
Bitcoin is a currency , bitcoin is not more expensive than gold.1 btc is worth more than 1gr of gold but wayless than a kg.

Just like the dollar is not more expensive than oil or hazelnuts.

As per my own opinion bitcoin industry wont die, because it is already exists and also as gime goes by it is getting stronger because of the people who sre already hooked up to this kind of essy money.

Bitcoin will die if they don't develop their system. Bitcoin payment system and other side of bitcoin system is so bad. If there someone make a new crypto currency then it should die soon. Bitcoin developer must need to work for those problem otherwise their popularity will be destroyed in few days.

I heard that Bitcoin will die soon from the beginning, yet the Bitcoin grows stronger ever. There are always people who are skeptical. For me, Bitcoin will not die, it survived the moment where it worth 1 cent and everyone thought it was dead, lol.

NO,NO,NO!This has been discussed many times before, just search for them and you will see lots of reply on this.

This has been a statement that got into existence years back. Whenever a crash gets started, automatically the panic gets circulated around and the same might cause a downfall in value to certain extent. This won't let bitcoin die, but it gains the resistance to overcome issues. In a similar manner it keeps on growing and there is no need of thinking about death of bitcoin.

There are really a lot of people here that has created fud saying that bitcoin will die soon. But I haven't see it happening up until know. That's why I learn to ignored such kind of fud's specially when bitcoin it going up and breaking ATH. They have their own intentions to create this fud but I don't think they are gaining good grounds because bitcoin is here to stay.

Your predictions are too good and very vivid! For me, I think it will be impossible that bitcoin will be dissolved within the next few months because bktcoin is just strating to gain momentum when it comes to popularity.
With regards to fees of services, developers and or miners have the right yo increse or decrease fees. It also depends on the number of users. There is an increase in demands for transactions that is why fees also increase. I think thre must be a way to lower down costs too!
On the other hand and which I am sure of, there will be an altcoin which will outstage bitcoin in the coming months or years.

Bitcoin is becoming very stronger in terms of value, if government wants to ban Bitcoin it will before only. There are many countries accepting Bitcoin as payment method due to because the understand the growth in Bitcoin.

Unfortunately bitcoin wont die simply because of the huge demand and it will gain more popularity that it might replace all other currencies because of its convinience and aunonimity.

It is impossible that bitcoin will die soon, you know why? Because it is now accepted in the economy, and many companies, large groups, rich people and the countries themselves proves that bitcoin is very essential and very useful, even though many countries wanted it to banned, there will be a new recruited country. Thats why it wont die.

Bitcoin dies every day if we belive everything we read. Come on guys , it's all about the blockchain technology , bitcoin can't die and that it is.