hunnaryb
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December 16, 2015, 07:59:00 AM |
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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.
Well I find it hard to believe that any large stake holder is just going to let it slip.
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Snorek
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December 16, 2015, 08:19:08 AM |
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Do I think bitcoin will disappear? No, not right now - I don't believe so.So far bitcoin is getting stronger and bigger every year. But I can't exclude possibility of that happening in the future. We don't know what will happen and I am worried about future law regulations, I think that harsh bitcoin restrictions could be probably only way of bitcoin to fail in the future.
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davinchi
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December 16, 2015, 08:36:59 AM |
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Bitcoin has many proven advantages, those things we can not enjoy in any other systems. So, there are zero chances for bitcoin becoming unused. The widely used thing will never get disappeared. Many advantages of bitcoin ecosystem will make it to survive.
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bitgolden
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December 16, 2015, 08:41:07 AM |
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Bitcoin has many proven advantages, those things we can not enjoy in any other systems. So, there are zero chances for bitcoin becoming unused. The widely used thing will never get disappeared. Many advantages of bitcoin ecosystem will make it to survive.
Survival of fittest. Bitcoin is getting proven suitable for thousands of reasons to almost all sectors. The six years of existence just because of it is fittest to any business as well as individual. In near future there is no reason for getting unused, so no chances for disappearing.
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avw1982
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December 16, 2015, 08:49:12 AM |
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Bitcoin has many proven advantages, those things we can not enjoy in any other systems. So, there are zero chances for bitcoin becoming unused. The widely used thing will never get disappeared. Many advantages of bitcoin ecosystem will make it to survive.
Perfectly right dude. Bitcoin is growing everyday and Nowadays its reaching to the common people more and more number of people We can see also in our forum there so many Newbies are joining everyday that means Everybody getting aware of bitcoins and 100% bitcoins is the future money which will as fiat currency globally.
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bearex
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December 16, 2015, 08:51:35 AM |
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I Also dont think they will dissapear, on the contrary, i think it will become more and more popular.
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syndria
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December 16, 2015, 09:03:26 AM |
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I think no but will worth much less in next few years.
Think bitcoin as a gadget like nokia n95 where 6 years ago was worth of $200+ but look at what its worth now? Its almost worthless.
It is because every time a new one arrived theres always another one comes next with much higher or better rperformance than the first one. This is how technology evolving and changing the ones life. Say a bitcoin
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n2004al
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December 16, 2015, 09:13:36 AM |
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I 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?
Normally the success of bitcoin worldwide must depend from some factors but even with that condition I think that bitcoin will be a very successful product in the market of the currencies. Doesn't have any importance that actually is used by very few people compared to those who don't know or don't use it. If can be successful as a product will be known for sure in the times to come. And this will increase even more its value.
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TastyChillySauce00
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December 16, 2015, 10:17:42 AM |
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ofcourse bitcoin will become unused in the future, especially when there's no activites or no bitcoin transacted, just like any currency,when food become rare thing,people will rather finding food than finding gold even gold is rare too, because gold can't be eaten
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enhu
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December 16, 2015, 10:27:24 AM |
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I use to think bitcoin will never be use by the people as its not a real money. Later did I know its value was $1k. And so go back to this forum and learn more about it.
The internet is the future and the future needs future currencies and its always Bitcoin that comes in mind.
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JeWay
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December 16, 2015, 10:28:33 AM |
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No it wont, everyone will always use Bitcoin until the end of the time
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lottery248
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beware of your keys.
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December 16, 2015, 10:37:49 AM |
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not until the end of the world. don't let fraud crash the bitcoin.
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out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded i am not really active for some reason
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medUSA
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--Signature Designs-- http://bit.ly/1Pjbx77
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December 16, 2015, 10:48:32 AM |
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Bitcoin has it's uses and advantages. Bitcoin can transfer money from one person to another across the world almost instantly with little government control. It has proven to be successful in the gambling sector and I can see it grow in the gaming sector. It would take another revelation to take bitcoin down. As long as bitcoin exchanges exists, the will be bitcoin users.
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ABCbits
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December 16, 2015, 10:49:23 AM |
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I think it's possible if there's currency which is better than bitcoin & solve all disadvantage of bitcoin such as big blockchain size, slow confirmation & support for many transaction But, there aren't any currency which is better than bitcoin. So, bitcoin won't disappeared & might replace fiat
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Betwrong
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I stand with Ukraine.
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December 16, 2015, 11:06:59 AM |
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I am, by nature, a pessimist and everything will become nothing in the end, including bitcoin. I know that all those altcoins I see on Cryptsy and Yobit are going to bite the dust at some point--and I'd bet money that that's going to happen well before bitcoin bites it. Entropy always wins out in the end. Always.
That's an interesting point. I agree with you on all those altcoins except maybe Litecoin and very few others, but Bitcoin I think has a big future. I'm not talking about billions of years, you are absolutely right at that part, Entropy always wins out in the end, but in the let's call it near future, in the next 200-300 years, Bitcoin will not disappear and I think that this period of time is which is more logical to talk about.
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hacksmash
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December 16, 2015, 11:22:43 AM |
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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.
Well I find it hard to believe that any large stake holder is just going to let it slip. Let it slip, no, bagholders will fight hard to keep BTC on top... BUT ... BTC has several pros and cons tugging at it. pros ... First to market - it grabbed peoples imaginations before anything else did Strong user/coder base - lots of eyes on each problem cons ... First to market - it is bound to make a wrong turns and/or bad decisions HEAD-strong user/coder base - consensus based leads to slow decisions & deadlocks on decisions (possibly even forks) I myself am of the opinion that, while useful right now, sooner or later BTC is going to stall because it will find itself at a coding 'fork in the road' that it/they just cannot decide upon fast enough to avoid a problem. I mean, just look at the argument happening right now about blocksize, sure it hardly affects the common user, but it IS a problem. Now consider how long it will take to sync a new wallet installation after the next 5 or 6 years of the blockchain growing in total length THEN tell me how convenient BTC is. ALTcoins have the advantage of seeing the growing pains BTC is experiencing, and resolving them while their coins are still .. um .. infantile (for lack of a better term). Sooner or later (4-8 years?) an ALTcoin will slowly rise to equal BTC and hopefully I have already bought a few thousand of them at the 200-300 satoshi range Just my 0.00005275 BTC worth
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● BLK : BDixtCZLWG2M3uTCN1tqXSCu4chXnN5TgH ● UNO : uZDvh8ZWMN859sksKqkoeUX3trazXro8MH ● ● CDN : CduyH8dMb282mv8XTE2ZDqZ9H4yvnNDKXJ ● BTC : 17QTs29kJtrowWL7mQ8NKZHSnMiT7QTW7m ●
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Velkro
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December 16, 2015, 11:27:09 AM |
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I 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?
Bitcoin is store of value, because there are limited quantity. Even gold don't have limited quantity, there will always be new mines, new asteroids full of gold etc. Its unique store of value, one of a kind, that can't be cheated, manipulated etc.
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Bitcoinbro
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December 16, 2015, 11:46:00 AM |
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It is really hard to say yes or no. It depends on lots of variables which some of them are really hard to control.
I just want to mention some criteria which would seriously affect the bitcoins future availability.
Limited supply: Although it is deflationary currency, some of people just scares of its limited quantity property. There are some thoughts that this limits also usage of bitcoin. People hopes the price increase just by holding BTC. And this of course a limit for usage.
Large stakeholders: There are really big BTC holders and its an unknon situation that when or how this BTCs will move.
Regulation: How governments will try to regulate or whether behave to BTC peacefully or not is again another variable.
Block size(Transaction per second) issue: This is important to test whether it can replace any centralised paymnet system. Wrong choice of solution or being too late can affetct bitcoin's availabilty. (Dont forget centralised parties are also involving blockchain, so they are trying to improve their system)
I think these are important variables for deciding the future of bitcoins availability.
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elizabethqueen
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December 16, 2015, 11:55:07 AM |
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The chance of bitcoin will have a good future are 50% and bitcoin will be disappeared or unused too have a same chance 50%. So far it's hard to predict.
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knightkon
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December 16, 2015, 11:56:57 AM |
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In my opinion, the only way Bitcoin will never be used or will just disappear, would be in the event of a new better coin being developed. So as long as it can be upgraded to to faster confirmations at some point, I think it will always be kept in use.
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