faridkifly
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August 29, 2015, 01:59:59 AM |
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i think bitcoin would never die and it is hard to have something bigger than bitcoin
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BTCBinary (OP)
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August 29, 2015, 03:43:17 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.
This was the best reply. at least a real honest one! "The problem with research is it's slow work". And I think this is really it. but now with big companies researching these technologies There is only one outcome... we will see a leap on the development of blockchain technologies that will probably turn bitcoin obsolete
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Fuserleer
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August 29, 2015, 04:17:05 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.
This was the best reply. at least a real honest one! "The problem with research is it's slow work". And I think this is really it. but now with big companies researching these technologies There is only one outcome... we will see a leap on the development of blockchain technologies that will probably turn bitcoin obsolete I'm not so sure of that either. I've worked with some very large companies in the past with previous businesses I owned, and gone head to head with corporate competitors. Corporate cogs turn real slow, too much red tape, so even if the development is moving fast, the board will take forever to make a decision. The "leap" will come from a either an unknown small team that has been cranking away for a few years, or a group that was under-estimated....and it'll come out of nowhere.
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aakashsangwan
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August 29, 2015, 04:40:00 AM |
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I don't think that bitcoin is going to die sooner or later. So for me there are no other alternatives of bitcoin in crypto world. No matter what, always original will remain original.
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ICECOLD
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August 29, 2015, 05:36:19 AM |
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i think btc is not going to die i know im just new also to bitcoin but i think that it will survive for years
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n2004al
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August 29, 2015, 05:41:14 AM |
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I think that this is a stupidity. Bitcoin cannot be dead because is born. And the born of such things is a rare event. Bitcoin is not a simple currency but a disruptive technology which will affect to many others in the future. It is one invention like those which born one in a hundred years. So bitcoin is based in a such technology. The strong of bitcoin compare to other currencies will depend but its dead is to be excluded.
What's the next big thing? The spread of bitcoin in all over the world.
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neochiny
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August 29, 2015, 05:44:42 AM |
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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!
well i dont believe that it will die at all.. it is just natural to a currency to go up and down. its just up to the user if they have guts to continue using bitcoin.
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Possum577
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August 29, 2015, 05:44:51 AM |
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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!
Can you set this up as a poll? How are we to know how people are responding? I think you missed out on the initial bitcoin run and now are now trying to identify the next trend to hope onto to make a quick fortune. You should post this over in Economics, you'll get a better and more educated (to economy and business) response. I think you blockchain technology will be one of the next big business movements. Others that exist are the internet of things and cyber security. Btw, who are "the many" predicting Bitcoin's death?
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Hazir
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★Nitrogensports.eu★
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August 29, 2015, 05:56:37 AM |
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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!
Can you set this up as a poll? How are we to know how people are responding? I think you missed out on the initial bitcoin run and now are now trying to identify the next trend to hope onto to make a quick fortune. You should post this over in Economics, you'll get a better and more educated (to economy and business) response. I think you blockchain technology will be one of the next big business movements. Others that exist are the internet of things and cyber security. Btw, who are "the many" predicting Bitcoin's death? How can Op create a poll if he is not sure what to include in it? That is why he is asking about our opinions. It is not necessarily pure economy topic. Bitcoin and its future can be discussed on many levels. And yes, you are right everything indicates that blockchain will be the most successful 'part' of bitcoin adapted by major financial institutions. That does not mean that bitcoin is bad, dead or have no future. In the past I have seen so many critics saying that Bitcoin is dead/dying that I do not pay attention to this FUD now.
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Amph
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August 29, 2015, 06:15:33 AM |
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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? i prefer midsafe to be honest, it appear to be a more legit project, but anyway i want that those project are based on bitcoin, in the sense that i want to use bitcoin as a currency, they should help bitcoin instead of proposing a clone of it, i'm talking about their internal currency
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cr4sh0verride
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August 29, 2015, 06:36:39 AM |
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Let's all create threads with the same useless questions over and over again That add no value to the community so we can all keep the quota up on our sig campaigns
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Possum577
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August 29, 2015, 06:53:58 AM |
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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!
Can you set this up as a poll? How are we to know how people are responding? How can Op create a poll if he is not sure what to include in it? That is why he is asking about our opinions. It is not necessarily pure economy topic. Bitcoin and its future can be discussed on many levels. Yeah you're right. The first question the OP asks is "do you believe bitcoin is going to die?" So I think that's what was anchored in my brain when I made that comment. You're right he/she is asking for much more than that. Let's all create threads with the same useless questions over and over again That add no value to the community so we can all keep the quota up on our sig campaigns
That's a fair comment and a certain annoyance. I've been here a while and also get annoyed when I see a thread for a common question pop up. I do two things when this happens, 1) I mention to the OP that there are threads about the topic and maybe even direct them to one, and 2) I remind myself that there are a lot of new people here and new people tend to ask the same questions as they go through the learning process. Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die?
Btw, who are "the many" predicting Bitcoin's death? Still waiting on the answer to this question (it's most certainly not a repeat) - anyone have an answer?
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Falconer
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August 29, 2015, 06:57:45 AM |
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Ok, so that means that bitcoin is a living dead cryptocurrency, and even though it is underdeveloped people still believe there is a cure I dont know why you interpreted it as a living dead thing, I just said bitcoin is going to die, not already died ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) 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?
Actually your question and the answers has been answered in other thread ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) For me, I will support anything that could make bitcoin be better.
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Jeremycoin
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𝓗𝓞𝓓𝓛
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August 29, 2015, 10:18:41 AM |
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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 ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) 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 Yes, and this is the illustration of what is going on ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Flh5.googleusercontent.com%2FcsUOAj7wCNUx3USnLE7yEXnrIU8fcKHoYzizj8pJXlXUI0AyGxTOSceKDj6YDF-BRijiCJ_NRJoSwHCseb--Vm2eduXzya934xXpGN2xKR3l7RnhuVn44yVChJrbqwt6Hw&t=665&c=8e1sSXZHTmsrNA)
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faucet used to be profitable
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Velkro
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August 29, 2015, 10:42:26 AM |
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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!
There are none, im afraid tho that discussions and voting on direction that bitcoin will take will be cucial for its future :| and people are only people.
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Denker
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August 29, 2015, 11:04:48 AM |
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The next big thing after Bitcoin is Bitcoin.Simple ist that. If a fork happens or not, whatever BIP will be used, Bitcoin will survive.These stupid threads have been created a 100 times and I think we all are getting sick of it.
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ANON.PURGED
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August 29, 2015, 11:56:31 AM |
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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!
Probably a new biggest cryptocurrency is coming, Which the usd equivalent is very low. I never put on my mind that BTC will get die / loose for whatever reason. I never believe its going to die as 98% people in world uses Bitcoin. However i'am hoping btc value will get low soon.
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Hugroll
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September 03, 2015, 04:56:38 PM |
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btc is and forever will be the best cryptocurrency on the internet.
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RGBKey
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September 03, 2015, 04:59:59 PM |
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Even if it's not Bitcoin, hopefully other people continue to build on the same P2P technology.
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maku
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September 03, 2015, 08:16:43 PM |
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btc is and forever will be the best cryptocurrency on the internet.
Nonsense. I certainly seems bitcoin is the hegemon of cryptocurrencies right now, but in reality I think that state won't last too long. People in the past were telling us that we won't ever need more than 1MB of storage, and now 1TB is not enough for big files.
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