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Author Topic: Bitcoin will die forever ?  (Read 2085 times)
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August 17, 2015, 01:29:03 PM
 #21

Well there might be new bugs discovered later who knows.

But as the current situation is, you can never be safe enough, thats why diversification is the best thing you can do.

Put some LTC, NXT, Monero and other stuff too in your basket, so if BTC for some reason dies, another will quickly takes its place, and you wont lose all your money only a small % of it.

I guess that's another issue becauseI 'am not really used on alternative coins so I'am not sure which one of them have big potentials on the future to succeess .
Well there might be new bugs discovered later who knows.

But as the current situation is, you can never be safe enough, thats why diversification is the best thing you can do.

Put some LTC, NXT, Monero and other stuff too in your basket, so if BTC for some reason dies, another will quickly takes its place, and you wont lose all your money only a small % of it.

I guess that's another issue becauseI 'am not really used on alternative coins so I'am not sure which one of them have big potentials on the future to succeess .

Thats why invest what you can afford to lose cos you dont know what will happen..

Bitcoin wont die in the next coming of years..

I should perform all bitcoin's functions (perhaps even better), have a lot of innovation in it (we dont want copycats) and be trendy and easy to market.

I think this is the attributes a succesful altcoin should have but even this doesnt guarantee that it will succeed, perhaps a little luck is needed too!

Bitcoin is ok for the next 10 years in my view, if until then a better one doesnt come out, then bitcoin will remain forever, if it will then my guess is that they will share market cap 50%-50% and bitcoin will lose in 20-30 years.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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August 17, 2015, 03:16:42 PM
 #22

As long as someone still hold it and the transaction still ongoing, bitcoin may never die.
This currency is unique and it will difficult to get removed from market. But some factor that cause bitcoin existence like security breach , major hack , etc will deeply decrease bitcoin holder trust

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Natalia_AnatolioPAMM
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August 17, 2015, 03:42:30 PM
 #23

I guess after halving bitcoin can dump quite radically
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August 17, 2015, 03:44:34 PM
 #24

I guess after halving bitcoin can dump quite radically

What ? since when the price decrease when the supply decrease ?

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August 17, 2015, 08:17:19 PM
 #25

I guess after halving bitcoin can dump quite radically

What ? since when the price decrease when the supply decrease ?


Correction, its not the supply that is decreasing, its the rate at which the supply is increasing is decreasing Smiley

Or in other words the yearly inflation halves.

I think he meant pump not dump, probably a misspelling.

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