Bitcoin Forum

Bitcoin emerged as a criticism of the Fiat currency, especially when the financial crisis took place in 2008. With its distributed character without centralized servers, bitcoin was able to reach a consensus together using the cryptographic branch of science to build its system infrastructure.



Is bitcoin able to survive long term?

Bitcoin futures got off to a good start immediately after their debut last month. But they’ve been on a downward spiral since the beginning of 2018, and now sit at the $14,000 mark, down from an opening price of $15,000 at launch, meaning many futures investors are set to face large losses when the monthly contracts expire tomorrow.

Investors can already use traditional investment vehicles, like Grayscale Bitcoin Investment Trust, to gain exposure purely to bitcoin without buying and holding the coins. You’ve also got eToro’s Crypto CopyFund which invests across all major cryptocurrencies, and is particularly useful for investors who are looking to spread their risk.

I don't know what the first paragraph has anything to do with this question you are asking here apart from making your post long but bitcoin is a new technology which has been growing constantly for as long as it has been alive. it is impossible to say whether it will survive or not at this point. all we can see is that bitcoin has the potential to grow much bigger and be improved a lot more at the same time. and so far it has been doing exactly these two so there is a good chance that it will in fact survive for a very long time, possibly during our lifetime until another new technology comes along in 100 years and replaces it.

Making bets on whether bitcoin will rise or fall in price is unlikely to curb criticism that investing in cryptocurrency is akin to gambling.
But the risky spreadbetting industry has been keen to muscle in on the bitcoin game, much to the dismay of pundits who warn this could exaggerate losses.