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Title: Bitcoin longevity Post by: Kema1 on August 05, 2018, 10:17:26 AM I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.
Title: Re: Bitcoin longevity Post by: Umkar on August 05, 2018, 07:28:19 PM I do not know about you, but I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Perhaps this is temporary, we'll see. However, while bitcoin is far from being in better shape and lags far behind many coins in technical characteristics and functional capabilities.
The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future. Title: Re: Bitcoin longevity Post by: Gozie51 on August 06, 2018, 01:03:14 PM The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future. The next five years is rather too short for the strong competition I believe you are talking of. For certain people, it could seem as if bitcoin is losing its popularity because price has not pumped but I don't think this is exactly the true situation. The digital currency is facing greater challenges this year because of the soaring price from last year and so, many questions are being asked. Title: Re: Bitcoin longevity Post by: hugeblack on August 06, 2018, 01:43:32 PM I think bitcoin has a higher tendency to stay on the market and won't go off. Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human]Does it mean that it will not explode economically or will the price not return to zero "won't go off"? Bitcoin is the grandpapa of all cryptos Bitcoin is the original version and alts are counterfeit. 8)bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system. There are many millionaires in emerging countries, and the economy is still miserable.Bitcoin is not the magic solution to all economic problems, but if it well exploited, economic aspects will improve a lot. Also, if you consider that Bitcoin is an investment that will make everyone rich, you should rethink I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Because we have more than 1736 cryptocurrencies, bitcoin dominance[47.4%] has declined "only mathematically." sources -----> https://coinmarketcap.com/currencies/bitcoin/Title: Re: Bitcoin longevity Post by: Tigorss on August 06, 2018, 02:53:17 PM I think bitcoin has a higher tendency to stay on the market and won't go off. Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human]Does it mean that it will not explode economically or will the price not return to zero "won't go off"? Bitcoin is the grandpapa of all cryptos Bitcoin is the original version and alts are counterfeit. 8)bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system. There are many millionaires in emerging countries, and the economy is still miserable.Bitcoin is not the magic solution to all economic problems, but if it well exploited, economic aspects will improve a lot. Also, if you consider that Bitcoin is an investment that will make everyone rich, you should rethink I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Because we have more than 1736 cryptocurrencies, bitcoin dominance[47.4%] has declined "only mathematically." sources -----> https://coinmarketcap.com/currencies/bitcoin/Title: Re: Bitcoin longevity Post by: rosymadaan7 on August 06, 2018, 03:06:54 PM Bitcoin has long life ,nowadays bitcoins are taking much popularity and people are taking intrest in it
That's why we can say bitcoin longavity is on the peak Title: Re: Bitcoin longevity Post by: Gadhoh on August 06, 2018, 03:22:20 PM When "demand" for Bitcoin rises, the price of Bitcoin rises. If "demand" is lacking, prices will go down. That's the opposite. Unlike matawang fiat or escort. Prices and values can be escorted by parties in power or manipulated by certain parties.
Title: Re: Bitcoin longevity Post by: milewilda on August 06, 2018, 09:48:50 PM I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system. Not to destroy your very very positive views and beliefs into Bitcoin. I would like to ask you this. Why you are so sure? remember that nothing do last forever into its spot. We cant really deny that bitcoin is really a revolutionary thing that had been discovered which do give us out a benefit when it comes to payment system and together it do gives a money making opportunity but it cant really guarantee a top spot forever which on all coins in the market theres always a tendency of switching places but this all depends on users support on which coin will able to have the better benefits.Title: Re: Bitcoin longevity Post by: Zohina on August 07, 2018, 12:44:59 AM I do not know about you, but I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Perhaps this is temporary, we'll see. However, while bitcoin is far from being in better shape and lags far behind many coins in technical characteristics and functional capabilities. The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future. I think it is true that the value of bitcoin is decreasing but it seems to occur only temporarily, probably due to the many other cryptocurrency currencies that are on the rise, but it cannot be denied that the world of global trade is in desperate need of fast practical currency and there are no barriers between countries, and that everything is in the cryptocurrency currency, I think many governments in developed countries like Europe, America and other developed countries have seen that huge potential, and they are learning how to be able to apply taxes and identify for their users, in addition to minimizing the potential of money laundering also to ensure that the government can control the rate of the digital currency, so it is very likely that in the next ten years the need for digital currency will be very large and will certainly increase the value of the currency. Title: Re: Bitcoin longevity Post by: Ridwan Fauzi on August 07, 2018, 04:01:55 AM Some people say (maybe including you) bitcoin will replace money fiat. Because some functions that support it will happen. If some people think like that, one day bitcoin will be replaced with a currency or digital currency that is better than bitcoin with certainty.
Title: Re: Bitcoin longevity Post by: KorakPawon on August 08, 2018, 03:10:59 PM that means it will never fall / die, there is bitcoin will grow and bitcoin users will increase, especially with the development of the increasingly advanced internet-internet has entered the village, so it is possible that bitcoin users will spread to regions.
Title: Re: Bitcoin longevity Post by: Kemarit on August 08, 2018, 04:16:05 PM I understand your point. You seems to be very passionate about bitcoin.
I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Right now bitcoin has dominated and has been dominating since its inception. But there's a possibility that a new coin will be born in the future to take the crown from bitcoin. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. If you are on the top, there's always someone who wanted to pull you down and take that spot. ETH and Ripple (XRP) and Bitcoin Cash (BCH) have attempted but failed. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system. However, I don't think that bitcoin is the solution specially in 3rd world countries to alleviate their financial status. Becoming millionaires in bitcoin will take you time, but its not a get rich scheme. You need to be emotionally strong at this ecosystem. Patience, making the right decision is the key to success here. You don't expect to get rich without the risk and doing nothing. Title: Re: Bitcoin longevity Post by: erikjoy on August 08, 2018, 04:18:58 PM bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system. There are many millionaires in emerging countries, and the economy is still miserable.Bitcoin is not the magic solution to all economic problems, but if it well exploited, economic aspects will improve a lot. Also, if you consider that Bitcoin is an investment that will make everyone rich, you should rethink I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Because we have more than 1736 cryptocurrencies, bitcoin dominance[47.4%] has declined "only mathematically." sources -----> https://coinmarketcap.com/currencies/bitcoin/This is what I don't get. How can bitcoin make everyone better off? Only a minority of people use it despite its gaining popularity. It cannot be a magic solution to economic problems. It can only be one more tool that will fascilitate the transfer of money and remove the intermediaries so that people can transact for cheaper. But the ones who transact $0.25 for loaf of bread will not notice any difference in their standing because of bitcoin. In fact, they won't even be able to use bitcoin for things like that. The dominance of bitcoin is still present in the way that people use it for longer term holdings. The other altcoins are just quick little pump & dump runs and rarely last longer than that. Title: Re: Bitcoin longevity Post by: Dhanjit25 on August 08, 2018, 06:59:21 PM It would not be wise if we try to determine bitcoins longevity just because of the ups and down in it's value in the market . It's hard to know exactly , you never know what happens in the next few years . Bitcoin have started it's journey from scratch . From basically nothing to $20,000 USD . And there will be ups and downs in the market . It's a business cycle . Assuming it's downfall too soon would be a foolish decision for us .
Title: Re: Bitcoin longevity Post by: BitHodler on August 08, 2018, 10:53:38 PM If you are on the top, there's always someone who wanted to pull you down and take that spot. ETH and Ripple (XRP) and Bitcoin Cash (BCH) have attempted but failed. Technically speaking, Ethereum (the devs) never claimed to have any intention of surpassing Bitcoin in any way. It's as always the community behind it trying to act cool and hype up their investment in Ethereum.BCH and XRP on the other hand have actually expressed how they think their rubbish coins are better than Bitcoin and should be the main vehicle in this industry. It's quite funny and pathetic at the same time. Interesting fact is that Roger Ver has some form of involvement in XRP and he seems to own quite a large chunk of it as well. This could very well explain their shared anti Bitcoin ideology. Title: Re: Bitcoin longevity Post by: genuin on August 09, 2018, 04:21:21 AM I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system. Bitcoin is getting more support in the world. A number of countries decide to accept it as a currency and commodity. As a result, more and more institutions and companies are accepting Bitcoin. Countries that have received Bitcoin include Japan and America. In both countries, the liquidity of Bitcoin is very high because it is used as a currency and traded commodity. Denmark, Finland and South Korea are also countries that accept Bitcoin. That's what makes bitcoin very popular with the publicTitle: Re: Bitcoin longevity Post by: 1Referee on August 09, 2018, 07:06:21 AM Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human] Bitcoin is a software protocol. It can be updated/upgraded throughout the years to make sure it remains relevant and that's exactly what has been happening. Another important aspect is that in the crypto world having "better" alternatives doesn't mean they will surpass the "older" protocols. Bitcoin is still the top dog. Ethereum is firm second, where in both cases there are "better" alternatives but they fail to convert that into success because it has little meaning here. It has proven to be nearly impossible to gain ground as new project, and another thing is that the majority of the projects that do pop up nowadays are centralized. Title: Re: Bitcoin longevity Post by: btc-facebook on August 09, 2018, 07:50:49 AM As long as it has demand, bitcoin will stay. The problem mostly because government regulation whenever they want to legalize or not.
Bitcoin can't be reach current value without our help so we as investor become the main role playing bitcoin market toward global world so guys , whenever it's turn red, just keep Hold it ! Title: Re: Bitcoin longevity Post by: Gadhoh on August 09, 2018, 04:25:29 PM I understand that the supply of Bitcoins, by design, will not continue to grow to infinity, but is "capped" at 21,000,000. This amount is not in circulation, however, because there are coins that have yet to be mined. I also understand that the reward for a successful miner is 25 coins, but that the reward will be reduced by a factor of 0.5 at certain points. It seems like the supply of coins will always approach 21,000,000 but never actually get there - a limit. If this is all accurate, does this imply that the incentives for miners will also be reduced? As time goes on, following this logic, miners should stop working altogether, at which point, new transactions can no longer be added. The Bitcoin phenomenon is hard for many to understand. Given it’s a digital currency that has no central authority, has mystery surrounding its creator and revolves around ‘online mining’ for its creation, it’s easy to understand why. Another advantage of Bitcoin is its development with Idealism. In a sense, the government does not interfere in trading Bitcoin. With this, it is clear that you alone must analyze the Bitcoin currency. So you who have Bitcoin can develop it themselves in the market.That answer appears quite simple: growing media interest has created a spiral of demand. The more rapidly the price has moved, the more press coverage it has received and, consequently, the more people have been introduced to – and demanded – the digital currency. Assuming this all plays out, would people simply "roll" into a new blockchain at that time? First of all the miners also collect all the fees from all transactions. That should compensate for the reduction in new coins being mined. Another factor is the price of Bitcoin, either in USD or by the time USD doesn't exist anymore, the number of aircraft carriers you can buy for 1 Bitcoin. Rolling out a new chain will actually probably become harder and harder over time as the network effect causes people to use the chain that is most useful. The number of other people that use it is a big part of its usefulness. Title: Re: Bitcoin longevity Post by: Alpacera on August 10, 2018, 12:25:07 PM I do not know about you, but I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Perhaps this is temporary, we'll see. However, while bitcoin is far from being in better shape and lags far behind many coins in technical characteristics and functional capabilities. It's fully understandable if the popularity decreases when prices don't grow. The technology on the other hand is still being worked on and developed so after some time we surely might see another bull runs.The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future. Title: Re: Bitcoin longevity Post by: erikjoy on August 11, 2018, 06:28:47 PM Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human] Bitcoin is a software protocol. It can be updated/upgraded throughout the years to make sure it remains relevant and that's exactly what has been happening. Another important aspect is that in the crypto world having "better" alternatives doesn't mean they will surpass the "older" protocols. Bitcoin is still the top dog. Ethereum is firm second, where in both cases there are "better" alternatives but they fail to convert that into success because it has little meaning here. It has proven to be nearly impossible to gain ground as new project, and another thing is that the majority of the projects that do pop up nowadays are centralized. Innovation is what makes Bitcoin stronger than other coins. The altcoins are quite stagnant and many of them don't last for much longer than their first speculative run. Once everyone turns a quick profit they dump it and look for a new opportunity. Bitcoin has stood up to this test so far. It went on several big runs, and it's still standing on it's own. Yet another run like that seems a bit doubtful at this point, but we never know. Bitcoin continues to surprise. Title: Re: Bitcoin longevity Post by: pluMmet on August 13, 2018, 03:14:43 PM The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future. The next five years is rather too short for the strong competition I believe you are talking of. For certain people, it could seem as if bitcoin is losing its popularity because price has not pumped but I don't think this is exactly the true situation. The digital currency is facing greater challenges this year because of the soaring price from last year and so, many questions are being asked. Title: Re: Bitcoin longevity Post by: fire rab1 on August 16, 2018, 04:00:37 PM the longevity of bitcoin is a worrying topic since the day it was born in 2009. every year we have the same speculation. decentralized money is always discouraged by government policies . but due to the improved softwares and technical knowledge this is being accepted widely and certain Mnc's have started accepting it due to their growing demand.so fingers crossed still I feel it is going to be one of the most successful innovations of man.
Title: Re: Bitcoin longevity Post by: jrrsparkles on August 16, 2018, 06:10:34 PM I do not know about you, but I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Perhaps this is temporary, we'll see. However, while bitcoin is far from being in better shape and lags far behind many coins in technical characteristics and functional capabilities. Bitcoin is losing its value in terms of price but it is gaining dominance for the few days and it already passed 50% which maybe the most all time high of this year,so bitcoin is most trusted by others when comparing others,we may see another good run in the end of the year due to many factors.The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future. Title: Re: Bitcoin longevity Post by: BitHodler on August 16, 2018, 11:20:47 PM Bitcoin is losing its value in terms of price but it is gaining dominance for the few days and it already passed 50% which maybe the most all time high of this year,so bitcoin is most trusted by others when comparing others,we may see another good run in the end of the year due to many factors. Bitcoin isn't losing or gaining value. Coins tied to Bitcoin do. 1BTC = 1BTC. It's not the best thing to add so much importance to Bitcoin's dominance in terms of its market cap. Altcoins are similar to leveraged positions which make them go up and down way beyond Bitcoin's price movements. If we indeed happen to see a somewhat decent increase this year, it will pump altcoins back to where they started before the recent decline, and who knows what an altcoin season (if it still exists) is capable of doing. Fact is that the whole crypto industry has not been innovative enough this year, which is quite a shame. It's like the bear market has completely covered this industry with so much negativity, that not much seems to happen. Title: Re: Bitcoin longevity Post by: alex.ac.ab on August 17, 2018, 09:03:47 AM It seems to me that the crypto currency will eventually remain only on the Internet and that's it.
Title: Re: Bitcoin longevity Post by: erikjoy on August 17, 2018, 11:57:48 AM Bitcoin is losing its value in terms of price but it is gaining dominance for the few days and it already passed 50% which maybe the most all time high of this year,so bitcoin is most trusted by others when comparing others,we may see another good run in the end of the year due to many factors. Bitcoin isn't losing or gaining value. Coins tied to Bitcoin do. 1BTC = 1BTC. It's not the best thing to add so much importance to Bitcoin's dominance in terms of its market cap. Altcoins are similar to leveraged positions which make them go up and down way beyond Bitcoin's price movements. If we indeed happen to see a somewhat decent increase this year, it will pump altcoins back to where they started before the recent decline, and who knows what an altcoin season (if it still exists) is capable of doing. Fact is that the whole crypto industry has not been innovative enough this year, which is quite a shame. It's like the bear market has completely covered this industry with so much negativity, that not much seems to happen. Yes exactly. The value will always hold its value in consideration against itself. But if you want to compare it with something else, like the dollar for instance, you might notice that it has decreased since last December. So what? It has increased significantly if you don't look at the peak from the winter. Average it out and you'll see that it's still up. The reason why we still see slow action right now is just because no one sees any good reason for getting it going at the moment. Everyone is still thinking about what happened in the past. Title: Re: Bitcoin longevity Post by: Aikidoka on August 17, 2018, 12:08:58 PM When "demand" for Bitcoin rises, the price of Bitcoin rises. If "demand" is lacking, prices will go down. That's the opposite. Unlike matawang fiat or escort. Prices and values can be escorted by parties in power or manipulated by certain parties. As for now, I reckon there is no much demands on the market. It is not that bitcoin has lost its popularity and it is going to die. Even altcoins are facing the same thing. But it is because the big investors are dominating the price and they are manipulating it. Added to that statement, people are afraid of bitcoin. They just want to sell their coins before it continues to drop, and that is a wrong choice, indeed. That is why people need to be patient. Title: Re: Bitcoin longevity Post by: 1Referee on August 17, 2018, 03:04:38 PM Fact is that the whole crypto industry has not been innovative enough this year, which is quite a shame. It's like the bear market has completely covered this industry with so much negativity, that not much seems to happen. That may be true, but we can't really blame crypto for that. It wasn't supposed to grow this large this soon. The main thing here is that the bull run of last year exposed Bitcoin's and Ethereum's weaknesses as largest protocols. It's safe to say that there is no way for them to scale within a reasonable period of time to meet user demand on the higher peak levels. On a more positive note; because of their limitations that have been exposed, we now at least have seen an acceleration in the development of scaling solutions, while without last year's bull run it could have taken a few more years to come to that same conclusion. In other words, we have saved ourselves a couple of years of time that can now be spent figuring out other useful implementations and such. Title: Re: Bitcoin longevity Post by: sheenshane on August 17, 2018, 03:21:35 PM When "demand" for Bitcoin rises, the price of Bitcoin rises. If "demand" is lacking, prices will go down. That's the opposite. Unlike matawang fiat or escort. Prices and values can be escorted by parties in power or manipulated by certain parties. As for now, I reckon there is no much demands on the market. It is not that bitcoin has lost its popularity and it is going to die. Even altcoins are facing the same thing. But it is because the big investors are dominating the price and they are manipulating it. Added to that statement, people are afraid of bitcoin. They just want to sell their coins before it continues to drop, and that is a wrong choice, indeed. That is why people need to be patient. ETF implementation is not to make bitcoin more dominance in the market is just a normal protocol that's might people use in the future and it was also a leak of manipulating the crypto. Title: Re: Bitcoin longevity Post by: hacekd on August 18, 2018, 05:16:51 AM The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future. The next five years is rather too short for the strong competition I believe you are talking of. For certain people, it could seem as if bitcoin is losing its popularity because price has not pumped but I don't think this is exactly the true situation. The digital currency is facing greater challenges this year because of the soaring price from last year and so, many questions are being asked. Title: Re: Bitcoin longevity Post by: DrYe5 on August 18, 2018, 07:16:05 PM that means it will never fall / die, there is bitcoin will grow and bitcoin users will increase, especially with the development of the increasingly advanced internet-internet has entered the village, so it is possible that bitcoin users will spread to regions. In this time bitcoin has that big amount of users which are still investing and making any moves using it that the death of bitcoin is almost impossible for me. Title: Re: Bitcoin longevity Post by: Girlsbit on August 19, 2018, 07:14:17 AM Bitcoin will have a long time playing in the market and trying to improve the situation.
Title: Re: Bitcoin longevity Post by: entrepmind23 on August 19, 2018, 07:52:13 AM As for now, I reckon there is no much demands on the market. It is not that bitcoin has lost its popularity and it is going to die. Even altcoins are facing the same thing. But it is because the big investors are dominating the price and they are manipulating it. Added to that statement, people are afraid of bitcoin. They just want to sell their coins before it continues to drop, and that is a wrong choice, indeed. That is why people need to be patient. People are just not that excited anymore to invest in bitcoin because of their experience for the past few months. Most of those who lost hope are those who invested near all time high and the value of their coins are just 1/3 of its value last year. This is just disappointment but an eye opener too for the investors not to expect that much for the next bull run and they would consider taking profit which most people didn't do last year even though it is clear that there is an impending downfall of the price. Bitcoin will have a long time playing in the market and trying to improve the situation. Bitcoin would still exist for a long time as long as there is a demand for it and people can continue to profit from it. There may come a time when there is a another that would replace it but for now, it seems that it is still the driver of the coins and wherever it goes, others follow suit. |