BTCBinary (OP)
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August 28, 2015, 06:32:30 PM |
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Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die? What are the possible substitutes for BTC? State your mind!
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Amph
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August 28, 2015, 06:38:43 PM |
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next big thing is still bitcoin, is no where near its death at all, bitcoin never grew to its full potential, if it grows so big and then it falls big for whatever reason, then you can call it dead, until then it's better to focus our attention on this awesome technology
and besides this i can't see any new revolutionary technology coming
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BTCBinary (OP)
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August 28, 2015, 06:48:47 PM |
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next big thing is still bitcoin, is no where near its death at all, bitcoin never grew to its full potential, if it grows so big and then it falls big for whatever reason, then you can call it dead, until then it's better to focus our attention on this awesome technology
and besides this i can't see any new revolutionary technology coming
Well, Besides BTC limitations, the recent stress with the fork issues shows how vulnerable Bitcoin is. Other coins, don't have the same issues and present other features as well. What's your take on Ethereum?
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gentlemand
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Welt Am Draht
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August 28, 2015, 06:54:54 PM |
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Other coins, don't have the same issues and present other features as well.
Other coins don't have the same issues because no one's using them and there's nothing actually on the line. All these wonderful coins with at least five daily transactions are likely to fall apart if people actually started to use them en masse. Same goes for development. No one cares if it's just a pump and dump as long as the coins move back and forth to the exchange and they don't vapourise. If there's an actual future at stake then we'll see just as much squabbling. It's a piece of piss for your coin to be a hero when there's absolutely no pressure bearing down on it. The real Bitcoin killer would be something that was hard coded from minute one to be globally scalable and actively awarded decentralisation with zero need for further meddling. Maybe it's in the works. Maybe it'll never arrive.
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LiteCoinGuy
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In Satoshi I Trust
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August 28, 2015, 06:55:08 PM |
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Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die? What are the possible substitutes for BTC? State your mind!
http://bitcoinobituaries.com/
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cryptosky
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August 28, 2015, 07:06:11 PM |
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Bitcoin is not going to die and it is difficult to have something bigger than bitcoin and blockchain in the economics enviroment
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Yerm
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August 28, 2015, 07:07:58 PM |
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Bitcoin isn't close to being dead. Thers still around 7 million coins left to mine if I remember correctly. Bitcoins awareness is steadily increasing over the years. In the future 10 years im sure majority of people will be using Bitcoin or Atleast have owned Bitcoin at one point
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Envrin
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August 28, 2015, 07:10:09 PM |
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Honestly, if I had $1 for every time someone screamed, "RIP Bitcoin", I'd be a millionaire by now.
Settle down. Bitcoin isn't going anywhere.
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LiteCoinGuy
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In Satoshi I Trust
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August 28, 2015, 07:11:46 PM |
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Honestly, if I had $1 for every time someone screamed, "RIP Bitcoin", I'd be a millionaire by now.
Settle down. Bitcoin isn't going anywhere.
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adamstgBit
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Trusted Bitcoiner
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August 28, 2015, 07:12:54 PM |
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Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die? What are the possible substitutes for BTC? State your mind!
bitcoin is dead, use your BTC to buy ETH.
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turvarya
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August 28, 2015, 07:13:38 PM |
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The only things that are dead, are all this bump and dump-altcoins, that are supposedly better than Bitcoin. When ever I look here, there are other coins in the Top 10 and 2nd place is far behind Bitcoin.
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Falconer
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August 28, 2015, 08:34:16 PM |
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Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die? What are the possible substitutes for BTC? State your mind!
I always believe bitcoin is going to die when its price goes down, and change my mind in the next day when its price goes up again About the substitutes for bitcoin, I think there is no chance for that now, even 10 years later. Bitcoin itself still need to be developed imo.
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BTCBinary (OP)
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August 28, 2015, 08:44:42 PM |
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Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die? What are the possible substitutes for BTC? State your mind!
I always believe bitcoin is going to die when its price goes down, and change my mind in the next day when its price goes up again About the substitutes for bitcoin, I think there is no chance for that now, even 10 years later. Bitcoin itself still need to be developed imo. Ok, so that means that bitcoin is a living dead cryptocurrency, and even though it is underdeveloped people still believe there is a cure
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giustone
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August 28, 2015, 08:56:57 PM |
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Hello,
Bitcoin will never die. I think Bitcoin will be increasingly used. I like that now I can buy things with Bitcoin.
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BTCBinary (OP)
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August 28, 2015, 09:26:07 PM |
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I see that most of the people who replied to the thread still believes in Bitcoin. Now, it leaves us to know what's your position regarding Bitcoin XT Would you support it? And if not why?
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Mickeyb
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August 28, 2015, 09:35:54 PM |
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Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die? What are the possible substitutes for BTC? State your mind!
Go here http://bitcoinobituaries.com. So you can see how many times has Bitcoin died so far in its history. The point that I am trying to make is this, every time the price drops or we have a turmoil in the community or some bad news, Bitcoin dies according to everybody. But oddly, Bitcoin is still alive and well. It just refuses to go! So to answer your question, don't worry, Bitcoin is going nowhere and it won't die! Cheers!
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Coinshot
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August 28, 2015, 10:41:13 PM |
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Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die? What are the possible substitutes for BTC? State your mind!
Bitcoin's death was predicted 999 times, and still it's alive and well. Don't confuse price with bitcoin itself. The way i see it is that bitcoin won't be replaced in near future, because even with this dosage of annonymity and low fee's banks and governments are scared, now just imagine if something scaled that even further ..
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Pab
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August 28, 2015, 10:58:13 PM |
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Without Btc die or not to die Some interesting new developments I am biggest fan of http://www.yourewardyourlife.com/New blockchain much,much faster that btc blockchain,could be great http://identabit.com/IdealReserve,half second transaction,and inflation deflation control algorithm,very interesting,big trouble to list on exchanges.There is good to look on IdealReserve like econmic system not only currency https://www.idealreserve.info/more about IR you can find at https://voat.co/v/idealreserveotcThere is also very fast blockchain already tested,very,very fast,will be used to move financial assets http://www.bobsguide.com/guide/news/2015/Jul/27/setl-to-deploy-an-institutional-payment-and-settlement-infrastructure-based-on-blockchain-technology.htmlI think bitshares will be great also
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Fuserleer
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August 29, 2015, 12:45:36 AM |
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Bitcoin will be around for a while yet! Regardless of the outcome of the (storm in a tea cup) block size change that is required.
It'll be at least 1-2 years before there is anything challenging its #1 spot and it certainly wont be any of the current alts.
Many of those have the same limitation as BTC , or at best marginally improve them. Some of them might find niche markets, Ethereum for example, but most will just fade away while being perpetually replaced by "new" alternatives that offer no significant improvements over what BTC can do.
There are a couple of technologies on the horizon that may pose a threat long term, and plenty of minds (including mine) are working on finding ways to implement real "giant leap" improvements. The problem with research is it's slow work, 2 years and counting for me, more for others, and as far as I know its going to be at least 6 months before any of these exotic technologies are ready to go. Even then there is the task of ramp up and roll out, which is again time consuming and expensive.
But, whatever it is, you'll know it when it finally arrives.
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