PakistanHockeyfan
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February 05, 2016, 01:07:15 PM |
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We already know Bitcoin won't die anytime soon However, what will is the unwarranted debauchery.
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kevin go
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February 05, 2016, 01:12:32 PM |
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totally agree what they said..bitcoin would not die..good advantage..and mostly people is trying to understand and start using btc..
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gregyoung14
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February 05, 2016, 01:26:57 PM |
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I'm with you on this dear sir. Bitcoin will not die. How can you kill something which is now starting to be taken seriously by the market.
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Kprawn
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February 05, 2016, 02:57:02 PM |
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We currently have the advantage of a huge hash rate and a established user base and merchant network. I am just worried that a bunch of these banks, could dump the private permissioned Blockchain approach and they go public. How many miners will move away from mining Bitcoin with it's very high difficulty and start mining a coin backed by banks. The miners are hunting for profits and if a competitor with a lower difficulty comes past, they might just switch operations. Who knows...
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SFR10
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Crypto Swap Exchange
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February 05, 2016, 02:58:18 PM |
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Couldn't disagree at all. I believe this year and next year will the breakout year of Bitcoin technology as a whole to the world. This is when ut gets injected into other systems out there and the media has been all over it since the past 4 months and it keeps getting more attention even from those who are in power. It's going to be within the next few years if government will run against it or with it. Regardless of which the outcome be, Bitcoin won't die.
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~Bitcoin~
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February 05, 2016, 03:09:43 PM |
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We have already heard lots of people and company talking about accepting bitcoin technology but we now need some action from them. Bitcoin is still struggling to surpass that 500 mark from months. We need some action...
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davinchi
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February 05, 2016, 04:43:58 PM |
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It is possible that Bitcoin will die just look at what happened to e-gold, I remember having an e-gold account and then they suspended use of e-gold. I think that's the reason why Bitcoin was born.
E-gold was banned due to NSEL and bitcoins cannot be compared to this situation. Also, the e-gold was converted into physical gold while bitcoins cannot be converted into physical bitcoins or fiat cash as it is not even recognized now. Bitcoins will only die if the value falls and not even when it is termed as illegal.
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Emersonnets
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The trouble is you think you have time.
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February 05, 2016, 04:59:31 PM |
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Yes, more and more companies are accepting bitcoin as well. It's great to see this happening. I don't really care if it fails after my lifetime, no use for me anyway.
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beerlover
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February 05, 2016, 05:19:41 PM |
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Yes, I agree with you. Bitcoin will stay forever as long as internet exists. And it's popularity will be ever increasing as usual as the time passes. The very advantage of bitcoin transactions is what keeps it moving.
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maku
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February 05, 2016, 05:27:41 PM |
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To be honest, I agree. I see a lot of use scenarios for Bitcoin.
We can agree with all our might. But that doesn't change fact that bitcoin is viewed by governments not as future payment method and successor of FIAT but as a threat. For know we can have bitcoin, but if they officials really want to destroy it won't be that hard, despite 'decentralization'.
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mtnsaa
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February 05, 2016, 05:50:32 PM |
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A while ago I posted an idea of using blockchain and it's "public account book" as a way to manage state or city expenses and taxes so every citizen can have access to the funds the current government has assigned. However, there are many good ideas like this, but what we read everyday is mostly bad press on top of bad press for Bitcoin. Lately for example is "Europe" trying to end privacy on Bitcoin due to illegal activities and terrorism.
I once thought the future was bright but I've realized that Bitcoin image is just too much tainted for its own good. The common person does not have a neutral position on Bitcoin (if they remotely know something about it). It's a bad one, something illegal that hackers use or nonsense like that. I guarantee it.
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dothebeats
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February 05, 2016, 05:51:24 PM |
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It will stay, yes, but after a couple of years I think it would somehow be regulated in most parts of the world which will force bitcoin users to transact in the "undergrounds". No one can really stop a decentralized system, unless the system itself (or the users of the system, rather) chooses to halt operation.
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BellaBitBit
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February 05, 2016, 06:04:15 PM |
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so, we are the first "Bitcoin Generation" ? yes this is exciting to be in Bitcoin in the early stages. I also agree that it will not die in our lifetime, we will see it grow and become part of our everyday lives.
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I love Bitcoin
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onlinedragon
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February 05, 2016, 06:06:58 PM |
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The public opinion is changing day by day even governments are changing there mind all the time. The future is bright and it's only guessing now what will really happen. I watch from the sideline with a some popcorn and watch this movie going on.
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maokoto
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February 05, 2016, 06:13:31 PM |
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Indeed there is quite a big of hope when more and more mainstream media and governments begin to consider Bitcoin as more than an experiment run by some nerds. It is quite probable that it ends up being as you say, and I hope for it.
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BTCBinary
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February 05, 2016, 06:59:44 PM |
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I'm with you on this one! In 50 years time Bitcoin will still be here. And all of our applications will run over blockchains!
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European Central Bank
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February 05, 2016, 07:13:24 PM |
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What is everyone's definition of die? Sure, it'll always be humming away in a few basements belonging to true believers but it could easily be forgotten by everyone else.
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Supercrypt
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February 05, 2016, 07:49:30 PM |
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Agreed. That what I always say to my fellow friends and still saying it. They see just the negative feedback and the media that says it will go down or be deleted in my life in a blink. I just replied "Okay" Even if your friend has read about bitcoins being bad in news articles, you can make him/her check the price charts and ways of earning bitcoins. Also, there is no media article that states that bitcoins are illegal and hence till there is no such news, your friend can use bitcoins without any fear. Even I had the same issues with bitcoins but when I started trading, my fear just vanished.
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Anddos
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February 05, 2016, 07:54:54 PM |
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It can't die. We still haven't mined all of it. I think that's the first condition for the death of bitcoin.
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arnbrd
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February 05, 2016, 08:01:27 PM |
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That's sure that Bitcoin will revolutionise our lives. I think it will be near as important as the Internet was.
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