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Author Topic: Do you think bitcoins will disapear or become unused?  (Read 26810 times)
Achargeturry78
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August 10, 2016, 12:34:16 PM
 #561

for me bitcoin will not disappear why because we are using it as currency here in internet where we can use it for gambling , trading and for investment and also investors are going to buy bitcoin currency to invest , if we look forward in the year of 2017-2018 bitcoin will become more useful why because hopefuly that some store's or online store's are going to accept bitcoin as a payment because now here in my country we can now pay our monthly bills with our bitcoin wallet that's awesome right?  Grin
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August 10, 2016, 01:07:50 PM
 #562

for me bitcoin will not disappear why because we are using it as currency here in internet where we can use it for gambling , trading and for investment and also investors are going to buy bitcoin currency to invest , if we look forward in the year of 2017-2018 bitcoin will become more useful why because hopefuly that some store's or online store's are going to accept bitcoin as a payment because now here in my country we can now pay our monthly bills with our bitcoin wallet that's awesome right?  Grin

I really like it to be used as an online currency. When I see people that are buying like online game points or something else it make me smile. From the past I am an online gamer and I buy premium items but from that time there is no bitcoin or just known yet. We need to go look for a stall that sells online game cards to scratch the gray part and input in the game.  Grin It is getting easier now.

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August 10, 2016, 01:18:24 PM
 #563

IMPOSSIBLE.

Simple reason and fact: there are more than 1M btc dsily trading volume including Chinese major exchanges, therefore the supply is there, won't be unused or disappear.
thats true, a lot of people are using their bitcoins right now and i think they cannot just disappear right now, people will always be using it

 
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Sidas_Crew669
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August 10, 2016, 01:21:11 PM
 #564

IMPOSSIBLE.

Simple reason and fact: there are more than 1M btc dsily trading volume including Chinese major exchanges, therefore the supply is there, won't be unused or disappear.
thats true, a lot of people are using their bitcoins right now and i think they cannot just disappear right now, people will always be using it

Very precisely, someone who already know the advantages of using bitcoin will surely be addicted using bitcoin and they will be looking for a better way to mention in gain bitcoin. Bitcoin is not lost as long as there is no one who feels aggrieved when using bitcoin.
Achargeturry78
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August 10, 2016, 01:52:26 PM
 #565

for me bitcoin will not disappear why because we are using it as currency here in internet where we can use it for gambling , trading and for investment and also investors are going to buy bitcoin currency to invest , if we look forward in the year of 2017-2018 bitcoin will become more useful why because hopefuly that some store's or online store's are going to accept bitcoin as a payment because now here in my country we can now pay our monthly bills with our bitcoin wallet that's awesome right?  Grin

I really like it to be used as an online currency. When I see people that are buying like online game points or something else it make me smile. From the past I am an online gamer and I buy premium items but from that time there is no bitcoin or just known yet. We need to go look for a stall that sells online game cards to scratch the gray part and input in the game.  Grin It is getting easier now.
are you from philippines because if we both from philippines then we are using the same bitcoin wallet where we can buy some online points or load like garena shell , steam wallet and many more and we can shop online via amazon and the payment method is bitcoin i love bitcoin currency and hoping that it will make more reliable soon as the year past Smiley
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August 10, 2016, 01:55:57 PM
 #566

Not really,I do not think that will ever happen to Bitcoin. The price is going up, it is spreading more and more, and more people start to use Bitcoin every day. It has just 'evolved' too much to disappear now or in the next 5 years or such. It can only dissappear if everyone stops using it, but I do not see it in the near future.

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August 10, 2016, 02:06:40 PM
 #567

Not really,I do not think that will ever happen to Bitcoin. The price is going up, it is spreading more and more, and more people start to use Bitcoin every day. It has just 'evolved' too much to disappear now or in the next 5 years or such. It can only dissappear if everyone stops using it, but I do not see it in the near future.

People will only stop using it if the price falls to an extreme level and from where earning profits will be stopped, and if it happens then bitcoin will disappear for sure.
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August 10, 2016, 02:12:15 PM
 #568

Not really,I do not think that will ever happen to Bitcoin. The price is going up, it is spreading more and more, and more people start to use Bitcoin every day. It has just 'evolved' too much to disappear now or in the next 5 years or such. It can only dissappear if everyone stops using it, but I do not see it in the near future.

People will only stop using it if the price falls to an extreme level and from where earning profits will be stopped, and if it happens then bitcoin will disappear for sure.
I don't think the price will fall to an extreme level, even if it does most will think as a good opportunity to buy bitcoins. bitcoiners will never abandon bitcoin heh.
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August 10, 2016, 02:43:11 PM
 #569

Not really,I do not think that will ever happen to Bitcoin. The price is going up, it is spreading more and more, and more people start to use Bitcoin every day. It has just 'evolved' too much to disappear now or in the next 5 years or such. It can only dissappear if everyone stops using it, but I do not see it in the near future.

People will only stop using it if the price falls to an extreme level and from where earning profits will be stopped, and if it happens then bitcoin will disappear for sure.
I don't think the price will fall to an extreme level, even if it does most will think as a good opportunity to buy bitcoins. bitcoiners will never abandon bitcoin heh.
and of course it wont disappear or become unused, people right now can make some good profit really easily with it so i dont think they will just not use it
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August 10, 2016, 03:10:16 PM
 #570

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?
for you bitcoins don't have a good future , but for me bitcoins have a good future in this comming year's because people are going to choose bitcoin as a currency or investors are going to choose bitcoin as a currency because it is more reliable and easy to use where they can do gambling and investing and for the future all stores are going to accept bitcoin for payment and also google play
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August 10, 2016, 03:34:50 PM
 #571

Many people who do not use it because bitcoin is still new. Bitcoin is still several years standing so take the time to expand so widely known. I do not think bitcoin will be lost or not used because I believe bitcoin surely growing.
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August 10, 2016, 03:40:30 PM
 #572

Many people who do not use it because bitcoin is still new. Bitcoin is still several years standing so take the time to expand so widely known. I do not think bitcoin will be lost or not used because I believe bitcoin surely growing.

Yes bitcoin will never disappear even if price goes lower in future it will still show its presence and once people have bitcoins they will definitely spend it, there is no scope that it will be unused.

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August 10, 2016, 04:23:20 PM
 #573

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?

Well people will in-time realize how useless and valueless bitcoin really is. Either that or since there is only a limited amount of bitcoin the value will rise like nothing on Earth. I personally like the second hypothesis more.

Well in contrary they may think bitcoin is an epic creation that enable people to transfer some kind of currency without the third party involvement.  this is a breeze you know, especially to those who really don't want doing transaction in banks or people that are not qualified for credit cards or visa cards.  The limited amount can be addressed if the situation needed it.

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August 10, 2016, 04:41:24 PM
 #574

Not really,I do not think that will ever happen to Bitcoin. The price is going up, it is spreading more and more, and more people start to use Bitcoin every day. It has just 'evolved' too much to disappear now or in the next 5 years or such. It can only dissappear if everyone stops using it, but I do not see it in the near future.

People will only stop using it if the price falls to an extreme level and from where earning profits will be stopped, and if it happens then bitcoin will disappear for sure.
If bitcoin would become unprofitable, then there's no point in using bitcoin anymore for the majority, resulting in drop of bitcoin users and possibly even miners to drop. And when miners stop mining, there's no one running the transactions thus halting every bitcoin transaction. Bitcoin's basically dead by that time.
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August 10, 2016, 05:41:18 PM
 #575

Not really,I do not think that will ever happen to Bitcoin. The price is going up, it is spreading more and more, and more people start to use Bitcoin every day. It has just 'evolved' too much to disappear now or in the next 5 years or such. It can only dissappear if everyone stops using it, but I do not see it in the near future.

People will only stop using it if the price falls to an extreme level and from where earning profits will be stopped, and if it happens then bitcoin will disappear for sure.
If bitcoin would become unprofitable, then there's no point in using bitcoin anymore for the majority, resulting in drop of bitcoin users and possibly even miners to drop. And when miners stop mining, there's no one running the transactions thus halting every bitcoin transaction. Bitcoin's basically dead by that time.

To think that bitcoin will be dead and miners will stop mining , its like a dream of a person who does not want this coin to go further. To be realistic i think we should see the facts. Bitcoin still stable after big bitfinex hack. So bitcoin is here to stay.









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"I could either watch it
happen or be a part of it"
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ASHLIUSZ
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August 10, 2016, 06:26:49 PM
 #576

Bitcoin will survive but what you are seeing now is the fear trying to be instilled by the filthy crooked Heeb bankers who are scared to death that it will succeed. They can't manipulate it and steal from mom and pop like they can with their banks and stock market. It is basically going to edge them out and financially ruin them.
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August 10, 2016, 08:06:25 PM
 #577

It will not happen that bitcoin become useless and people leave it. Nowadays it is becoming more interesting currency all around the world and so more and more people are adopting it with each passing day. So no change!
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August 11, 2016, 01:17:40 AM
 #578

I actually do believe that this will happen one day but it will take something major to happen first, that major thing will be the mass adoption of bitcoin. Once enough people begin to use BTC it will slow the transaction speed to a point that it is no longer a competitive speed for a comfortable transaction. once it is not comparable to its competitors and older services such as western union become a more feasible form a wire transaction again Bitcoin will cease to be used. However a new coin will surely take its place having fixed all issues bitcoin has currently. There are already millions of new coins that come out on a variety of exchanges every day. Any one of them can be the next Bitcoin that is only worth fractions of a penny right now.

But in short, yes , just first it will require two things

1. Mass adoption of BTC
2. Failure of BTC to compete due to over usage of blockchain

Also even after that happens i Believe people will still trade BTC for years and years just as collectors do with baseball cards just because it will always have been the first big crypto coin

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August 11, 2016, 05:04:51 AM
 #579

I actually do believe that this will happen one day but it will take something major to happen first, that major thing will be the mass adoption of bitcoin. Once enough people begin to use BTC it will slow the transaction speed to a point that it is no longer a competitive speed for a comfortable transaction. once it is not comparable to its competitors and older services such as western union become a more feasible form a wire transaction again Bitcoin will cease to be used. However a new coin will surely take its place having fixed all issues bitcoin has currently. There are already millions of new coins that come out on a variety of exchanges every day. Any one of them can be the next Bitcoin that is only worth fractions of a penny right now.

But in short, yes , just first it will require two things

1. Mass adoption of BTC
2. Failure of BTC to compete due to over usage of blockchain

Also even after that happens i Believe people will still trade BTC for years and years just as collectors do with baseball cards just because it will always have been the first big crypto coin

We it can still be a commodity, gold do not have a wire transaction but look at its a price even if it is just a type of stone or metal. I think something can come up once there will be a problem with the speed of transactions.
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August 11, 2016, 07:23:04 AM
 #580

If the bitcoin will be continue to decrease, there is still people continue to trust it. Buying it cheap and waiting for it to rise again, unfortunately bitcoin will become un used of no other believe in it, if the adoption still there it is still continue to use even if the price will going low.

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