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Author Topic: How long is Bitcoin life?  (Read 11458 times)
Nandiwal (OP)
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February 22, 2016, 05:48:34 AM
 #1

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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watashi-kokoto
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February 22, 2016, 05:59:41 AM
 #2

bitcoin price will go up when


- major banks crash, many people lose funds

- currency crisis like venesuela nigeria

- china decide to devaluate yuan



bitcoin price can go down when

- many people sell

- scarry newspapers (Bitcoin dead)

- network trouble



EDIT: if you can predict these things you can make a profit trading Bitcoin
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February 22, 2016, 06:01:44 AM
 #3

bitcoin price will go up when


- major banks crash, many people lose funds

- currency crisis like venesuela nigeria

- china decide to devaluate yuan



bitcoin price can go down when

- many people sell

- scarry newspapers (Bitcoin dead)

- network trouble



Yes i think it mostly depend on Supply & demand when demand increase price up & when supply increase price decrease.
~Bitcoin~
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February 22, 2016, 06:24:37 AM
 #4

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks
Bitcoin will survive till all the one who are hosting bitcoin nodes decide to host it. It is decentralized one so there will be nothing like immediate shutdown of whole bitcoin network.

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February 22, 2016, 06:24:47 AM
 #5

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

Bitcoin will exist until zero nodes are in operation and that will not happen while people have value/money stored onto it. If the value goes down to zero for some reason, people will still use the technology for other things, like Smart contracts and many other services hosted on the Blockchain.

The price will always be controlled by supply and demand and whatever the protocol dictate. < How many coins are released as a reward for the miners to do the mining >

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February 22, 2016, 06:32:14 AM
 #6

Bitcoin won't go off in a short or within a specified term. Bitcoin has got these many trusted users within seven years of existence even after various crypts exists and got faded away
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February 22, 2016, 06:36:43 AM
 #7

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks
I do not know when bitcoin will die or how long bitcoin can live. during bitcoin users. still using bitcoin to transact. bitcoin will continue to live.
users increases. = Age bitcoin also increases
rio3233
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February 22, 2016, 06:50:09 AM
 #8

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

No one knows how long is bitcoin life. But everyone hope that bitcoin will life forever. Issue and rumour actually affect bitcoin price and many else affect bitcoin price.
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February 22, 2016, 07:05:32 AM
 #9

It can end in a heart beat. That is the thing with bitcoin, you will get a surprise with it one way or another.
So very unpredictable.
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February 22, 2016, 07:07:50 AM
 #10

Now bitcoin is going up, its good for bitcoin. in future, its the time of bitcoin u can't say that bitcoin will end it will never end. but it will grow up and down.









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happen or be a part of it"
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February 22, 2016, 07:09:43 AM
 #11

Bitcoin will never die. it will always have users on the network, even if the price would drop back to mere cents per bitcoin.

In the eyes of the majority it may well be dead by then, but the network itself will remain running no matter if most of us think it is dead.
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February 22, 2016, 07:20:56 AM
 #12

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks
Don't worry about that man.  Sure for 50 years no ons will touch the bitcoin. It will be there like now after 50 years also.
Every four years we can find the halving dude so price will increase accordingly.
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February 22, 2016, 07:22:20 AM
 #13

Bitcoin will never die. it will always have users on the network, even if the price would drop back to mere cents per bitcoin.

In the eyes of the majority it may well be dead by then, but the network itself will remain running no matter if most of us think it is dead.
So what you are saying that the fundamental of bitcoin (the blockchain) will never die even though bitcoin itself could lose all it's value?

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February 22, 2016, 07:22:27 AM
 #14

Patience my friends. After 7 years, we re still in crypto infancy phase. Nothing s going to make you rich in 2 weeks time, unless you already own 1k BTC.
So gather as much crypto as possible, promote it and stop thinking about dates.
Crypto will outlive all of us, that s for sure.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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February 22, 2016, 07:23:37 AM
 #15

bitcoin price will go up when


- major banks crash, many people lose funds

- currency crisis like venesuela nigeria

- china decide to devaluate yuan



bitcoin price can go down when

- many people sell

- scarry newspapers (Bitcoin dead
)

- network trouble



EDIT: if you can predict these things you can make a profit trading Bitcoin
Remember when mike hearn says he has sold all his bitcoin due he knows bitcoin dead already ? And now here we are the bitcoin price isn't going down but it's moved up faster to around $430.
The future of bitcoin so far are so bright! No matter what people say and media say, just Long life bitcoin!
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February 22, 2016, 07:31:01 AM
 #16

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

i Think Bitcoin got grow up and down every year to year - time to time, as long as it happened i hope bitcoin can life for a long time because
Therefore balanced.
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February 22, 2016, 07:31:37 AM
 #17

So what you are saying that the fundamental of bitcoin (the blockchain) will never die even though bitcoin itself could lose all it's value?

The blockchain itself cannot die. Inside blockchain there is info how much funds you have, so if you are worried you can backup blockchain to your own computer, and unless the owner die the funds will not disappear.


Only things that can be attacked is the miners but governments need to organize police arrests all around planet for this to happen. This is unlikely.

Remeber if governments organize something, the police officers will start buying bitcoins because they know governments are scared.

EDIT: I believe Bitcoin will be here long after I'm dead. Bitcoin mining stops in year  2140
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February 22, 2016, 07:35:49 AM
 #18

Bitcoin may as well be immortal and live forever until the Aliens invade Earth and take control of the Blockchain Smiley
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February 22, 2016, 07:48:19 AM
 #19

each thing has its heyday, Im not sure bitcoin will be life in more than 200years , i think in future someone will create new payment method or new currency with highest technology and bitcoin can dead..
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February 22, 2016, 08:02:50 AM
 #20

it's backed by miners and merchants, miners can drive the price up to make their minign activity profitable

since there is no real competitor to bitcoin(no altcoin are not competitor they ar eonly an alternative) i can assume that it will live forever, as long as the value will make the mining activity profitable
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