Do you think bitcoins will disapear or become unused?

[relq]

I don't think bitcoins have a good futur. Not much people use them and there is no real use for these people. The problem is that the people that doesn't use it is the majority of the planet. And you, what do you think about this? Will bitcoins have a glorious future or a realy bad one?

I don't think bitcoins will disapear or become unused. you can look the price of bitcoin, keep increasing. that's why i think people will looking for bitcoin if the price keep increase.

[bob123]

I dont think this will ever happen.. unless we lose electricity..

[buddu]

No,neither Bitcoin will disappear nor become unused ! Bitcoin has great rich and bright future and this year will boost the acceptance process which will help many users to be able to involved in it.Bitcoin is beginning of new digital era .

[Zontop]

I don't think so that Bitcoin is going to be useless.It is a unique invention of the past few hundred years which is first step towards cashless society.Our life style is changing very fast so we need new digital currency which can be only Bitcoin as it has proven to be right to fill this.

[Blind Legs Parker]

OK I understand many of you think and hope bitcoin will still exist. Yes, it WAS revolutionary, but today there are many more cryptos.

The problem is that it's not something vital. And when something better just pops, bitcoin could desapear. I know it let's you hide money, make nearly costless transactions, and may more. But the day something with the same or better caracteristics is created and is revolutionary just like bitcoin was, then it is very likely to replace it.

Btw I'm realy happy to have so many answers.  

It doesn't work like that.
1) No other cryptocurrency is anywhere close to what bitcoin is. LTC might stay there but the rest are all jokes. And this is important because LTC was created to be able to do something that bitcoin still can't do (faster transactions) but even with that, it didn't manage to bring bitcoin down.
Now ok maybe Ethereum could stay too. I don't really understand Ethereum. But one thing is certain: no alts can bring bitcoin down. The danger is not coming from that direction.
2) No it's not something vital but who cares? Smartphones aren't vital but if I could go back in time and buy some Apple's shares before they made them popular I'd do it. Windows is not vital. Bitcoin never was either. And I can go on and on.
3) Bitcoin is still revolutionary. Or actually, the blockchain is. But it doesn't matter because bitcoin is intrinsically linked to it. And we're only at the beginning of the revolution. Now banks are trying to use it. And I have a good  feeling about the raise in popularity it's going to bring to bitcoin. Think about that early XXth century picture of a car pulled by a horse that people like to post here to make a comparison between that guy and his horse and banks when they're trying to use the blockchain for fiat and imagine for a second: it's early, no one know cars, then you have this guy using a horse to pull a car. You have a carriage. What do you do? You wonder what a car is. You ask the guy what it is. He tells you that it's a new means of transportation. You get interested. You ask a car dealer more questions and he tells you that it's gonna replace horses. Now you get really interested. You buy one, then you buy a petrol tank on the way home and bingo!
That's exactly what banks are doing for bitcoin while trying to use the blockchain for themselves: free advertisement.

[keepdoing]

If the community can not reach consensus for many things and there is no active development of the infrastructure, bitcoin will disappear. Otherwise, it has great future.

Bitcoin has been hijaaked by Blockstream Players.  We are at the beginning stages of a massive currency war, that involves all of the world's existing global currencies fighting each other, the existing system at early stages of collapse .... and everyone looking at cryptocurrency as the next evolution in global currency.

Within the cryptocurrency (future financial) world there are wars going on also.   The largest and most powerful Crypto is Bitcoin.  Already you've seen attacks by Ethereum and Ripple - but those appear to have been beaten into submission.  Currently you have the following going on and pulling in different directions.....

1) Fiat/Fed Coin development is being pursued

2) R3CEV is building a "Central Clearing House" that could be designed to allow ALL Currencies (Crypto & Otherwise) to live in harmony - but everyone with a brain is aware that the endgame is either that they wind up with Bitcoin as a standard, or they create their own Crypto (see #1 - because that would end up being the Fiat/Fed coin most likely)

3) Blockstream/Core Dev is the "Government" that controls the current version of Bitcoin.  They came to this point through lying misprepresentation and deceit.  They want to become the new Fiat, control the formation of the New Global Financial Structure. 

4) XT/Unlimited is a group of Bitcoin Developers that have recently waged war on Blockstream/Core Dev due to the fact that Blockstream/CoreDev has hijaaked the governance of Bitcoin.  They are launching a "Hard Fork War" on Bitcoin.  If they succeed, then Bitcoin will grow to its full potential close to a more pure path as originally visioned, but possibly not as good as it could be.

5) There is a 5th Player out there... the shadow Creator.  In the end he/IT will prevail and darkness fall on all the earth - for a time.

[Epicnicity]

The only way I can see this happening is as if there's no demand for bitcoin anymore. I don't think this will happen any time soon though. I think there are too many whales who can make a difference in the bitcoin market. They can make a move and the value will change.

[HarryKPeters]

Unless bitcoin stops evolving it will never become unused in my opinion. I think people will continue to adopt the use of it which will then drive companies like amazon and netflix to start accepting bitcoin which will further drive the adoption of bitcoin. Just think if you're a company the size of amazon and are charged 2-3% anytime someone purchases a product. If bitcoin could drive that cost down to 1% or less think about the possible savings for the company.

Do I think bitcoin will be the digital currency of the future. Who knows. It's currently set-up in a place to make that happen, but in 10 years if it doesn't continue to improve it could be left behind for a newer more "improved" digital currency.

Yeah standing still is never a good thing, even for a currency. If there are no developments to be seen, well some other coin can run with the prize.

However, I doubt such a thing will happen.

[Supercrypt]

The only way I can see this happening is as if there's no demand for bitcoin anymore. I don't think this will happen any time soon though. I think there are too many whales who can make a difference in the bitcoin market. They can make a move and the value will change.

Not only anytime soon, for ever, there are no chances for bitcoin becoming unused. Surviving last 6 years is not simply going without any financial and technological meaning. Bitcoin has all the answers and solutions to financial and technological world. It would never become unused or will never disappear.

[btcprospecter]

Bitcoin is still in is infancy. There will be some that dissappear probably lost wallets and others that dissappear because people are hoarding them as long term investments. Bitcoin can only survive as a emerging currency if retailers accept it

[Bjiornulf]

Wait, wait, wait...

In nearly all the posts we could replacee Bitcoin by crypto, just because it's nearly the same thing. Maybe a few banks are starting to advertise for Bitcoin but a big advert from Microsoft or any big company could bring another crypto in 1st place. Because only like 1% of the planet KNOWS about Bitcoin, and even less use it. Today most of the people don't use services that accept Bitcoins and I don't think it is as reliable as bank cards for everyday life.

[Erkallys]

Wait, wait, wait...

In nearly all the posts we could replacee Bitcoin by crypto, just because it's nearly the same thing. Maybe a few banks are starting to advertise for Bitcoin but a big advert from Microsoft or any big company could bring another crypto in 1st place. Because only like 1% of the planet KNOWS about Bitcoin, and even less use it. Today most of the people don't use services that accept Bitcoins and I don't think it is as reliable as bank cards for everyday life.

Microsoft already "use" an altcoin and it is Ethereum, for Azure. But did Ethereum become the biggest cryptocurrency ? Nope. While you may see this as a positive thing, I don't think it is. Because if you need big companies, banks, states, to be big, you lose all the crypto-spirit, why we're all here : to evade from control, regulation, etc.

[manbitcoinlover]

I hate capitalistic system that exists today, so Bitcoins are a tool that challenge it. Of course nothing can be known only predictions can be made.

[extrabyte]

I believe that bitcoin will not be disapear as many startups and businesses are already operating though bitcoin and many exchanges are getting good profit to exchange bitcoin to fiat and vise verse.

[cellard]

Bitcoin has reached a point where it is too big to fail, so we will have Bitcoins one way or another. If it doesn't get used directly, it will still get used under layers and people will not even know they are using it. A future where Bitcoin is not massively used is impossible.

[Hellacopter]

I don't think bitcoins have a good futur. Not much people use them and there is no real use for these people. The problem is that the people that doesn't use it is the majority of the planet. And you, what do you think about this? Will bitcoins have a glorious future or a realy bad one?

I don't think so, and i think you are fully wrong about this idea. Bitcoin is already growing up daily, its price incresed already and also it's usability is increasing as noticed. Many new users started using bitcoin daily, so i think Bitcoin have really shining future.

[jyakulis]

I would say as long as their is purchasing power in the currency (bitcoin) it won't go anywhere. Afterall, why would it? The coins are worth value in the eyes of enough people that their remains a reason to hold them.

Fiat currencies have been much more resilient than I initially estimated when this all started. Bitcoin was to be a crutch to have a digital unit of exchange in the event of a collapse/hyperinflation/etc. This has not happened and does not look like it will happen in near future.

Right now it seems to be used for amongst several distinct groups of people 1) those wishing to make a no confidence vote in the fed and fiat currencies. These are your libertarian/hard money/constitutional types 2) techies - groups of people that love new technology, first adopters etc. This group is less concerned with the principled political reasons behind the creation of cryptocurrency.

The third group is the mainstream everyone talks about. I don't really see this happening unless the need arises. All the first two groups can do is build the systems necessary, inspire as much adoption by retailers as possible, and eventually hope that a chink in the fiat currency armor shows itself. Worst comes to worst IMHO, cryptocurrency keeps the banks HONEST (if that's possible). If a robust system and infrastructure of cryptocurrency is created and continues to be created then they will always have the fear of losing market share.

I also firmly believe this technology would of been squashed a long time ago if it were at all possible or practical. Nobody hates competition as much as banks do.

The landscape of cryptocurrency is this bizarre landscape to me. You have mainstream financial shows fascinated by it as well as some governments. On the other hand you have a lot of yellow journalism (linking bitcoin to terrorism etc.) and also governments cracking down on it (China/Russia). Time will tell I think. But I think ultimately for this to disappear it will be because of tyrannical governments and not because a need is not present in the marketplace.

[Blawpaw]

Even though I think that BTC will never disappear, there is always that possibility. There are other possible substitutes for bitcoin and that can become a real menace.

[ajun96]

I think in the future where technology is advancing rapidly, bitcoin will not disappear because of the growing age of bitcoin will be increasingly adopted by many people

[owm123]

Not any time soon, but bitcoin is not the end of every development in crypto word. Just like everything it will be replaced by something newer and better in future. That is the purpose of progress and innovation.