How long is Bitcoin life?

[thejaytiesto]

I believe Bitcoin will be around for a long time because it is a pioneer in the digital currency world and it also has emancipated many people form poverty and economic crashes. I think it has opened a pandora's box where new types of ideas and thinking is concerned also. There will be ups and downs but for now I believe Bitcoin is slowly increasing in people's interests generally speaking.

Indeed Bitcoin have a long life. I think his life just started. It becomes now more and more popular and that is quite good.
I hope later that more people will use Bitcoin and that the value will rise. That will be so good.

Bitcoin has a long life but I do not know how long because the bitcoin can also collapse because of something that has happened in the future, so its pretty unpredictable what is gonna happen.

I think it has a long life and the point is also indeed that the bitcoin is getting more popular by day.

At this point all of the scenarios that i can think off where Bitcoin would dissapear fall on the "unrealistic category", so that includes a total massive natural disaster, a world war, some sort of alien invasion... everything else has been addressed and is not a real treat. So yeah, it's simply unrealistic that bitcoun would fall at this point, too big too fail.

[RealBitcoin]

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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!

[gentlemand]

At this point all of the scenarios that i can think off where Bitcoin would dissapear fall on the "unrealistic category", so that includes a total massive natural disaster, a world war, some sort of alien invasion... everything else has been addressed and is not a real treat. So yeah, it's simply unrealistic that bitcoun would fall at this point, too big too fail.

Feels like the polar opposite to me. It's still microscopic and very fragile. Too big to fail implies that the collective would do anything to ensure something's survival.

The hard core of developers, businesses and users would be understandably bereft if it went up in smoke tomorrow for technical reasons or whatever. For the multiple billions of people elsewhere it wouldn't even register. For a large chunk of Bitcoin users they're going to go where the convenience and the profits are.

[angryrob]

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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!

I hope what you are saying that should be true in future, but honestly I don't feel that bitcoin will live that longer, I have a feeling that it will not last more then a decade.

[RealBitcoin]

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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!

I hope what you are saying that should be true in future, but honestly I don't feel that bitcoin will live that longer, I have a feeling that it will not last more then a decade.

It if lasts 1 decade , it will last much more, it will be pretty much established by 2019, and nothing could harm it.

[Anddos]

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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!

I hope what you are saying that should be true in future, but honestly I don't feel that bitcoin will live that longer, I have a feeling that it will not last more then a decade.

It if lasts 1 decade , it will last much more, it will be pretty much established by 2019, and nothing could harm it.

I'd say it is already established. It's not a toy and many people use it.

[JAyThaRevo]

I think the life of bitcoin would depend upon its price and the adoption level of the people in future, if the adoption is higher then bitcoin will survive for a longer period of time.

[RealBitcoin]

I'd say it is already established. It's not a toy and many people use it.

It's not established yet until a proper consensus mechanism is made.

You dont have a transparent voting system yet for bitcoin and that is why you see all the discord withing developers and community.


We need to adopt a share based voting system like http://bitcoinocracy.com/ system-wide.


After that happens, then I say it's established.

[CrimBit]

I am worried about bitcoin when mining becomes less and less profitable and
difficulty goes up and up.

Hopefully bitcoin goes up enough to compensate the difficulty and keeps people mining.

we know the difficulty in bitcoin mining goes up everyday , but the bitcoin price can't goes up everyday,if the opportunity to reach ROI in bitcoin mining more difficult, Im sure only "biggest company" can survive in bitcoin mining life

[DeDordtenaar]

while you continue to use bitcoin. although the price reaches $ 1. bitcoin will continue to live

[crossabdd]

i want to ask....
if miner earning is very low, and no miner interesting to run his device (because the electric fee highest than his earning) , any other way to solve block ? full nodes ?  

[Yakamoto]

i want to ask....
if miner earning is very low, and no miner interesting to run his device (because the electric fee highest than his earning) , any other way to solve block ? full nodes ?  

Most likely, if all miners were to up and quit and stop mining Bitcoin altogether, chances are there would be a move from the PoW system that Bitcoin currently uses and it would likely change to a PoS or Proof of Stake system used by other coins. This means that people who already own coins "mine" simply by owning coins, in the simplest explanation possible.

[aardvark15]

It's possible that as mining becomes more difficult and bitcoins become more scarce, the price will go up.  I think the obvious question is whether people will continue to use bitcoins.  That may be the main effect on value.  If coins are harder to get, interest may drop.

[crossabdd]

i want to ask....
if miner earning is very low, and no miner interesting to run his device (because the electric fee highest than his earning) , any other way to solve block ? full nodes ?  

Most likely, if all miners were to up and quit and stop mining Bitcoin altogether, chances are there would be a move from the PoW system that Bitcoin currently uses and it would likely change to a PoS or Proof of Stake system used by other coins. This means that people who already own coins "mine" simply by owning coins, in the simplest explanation possible.

so the wallet will be forked ? and change from POW system to POS system ?
in future miner only get "fee" from bitcoin trasaction, im not sure bitcoin can long life.

[23dzmaz]

I am worried about bitcoin when mining becomes less and less profitable and
difficulty goes up and up.

Hopefully bitcoin goes up enough to compensate the difficulty and keeps people mining.

Mining nowdays are not popular and it's long time to reach ROI if you invest on cloud mining. Especially when halving come, i think it will affect mining too.

[Imoote]

I think bitcoin will die if there is no more that follow.
As long as there are those who use bitcoin I'm sure will stay alive and survive.

[BitMaxz]

I don't how long bitcoin life will be ended but i think trader's won't let bitcoin die in the future.. Bitcoin is the strongest ecurrency online right now and hundreds of website and business online related for bitcoin made month by month and year by year. So that there's no reason to let bitcoins die ..
If you read some article that bitcoin will be dead i think they are just their way to let bitcoin crash and down so that's some trader's will dump their bitcoin and new altcoin will be born.. I believe that bitcoin will be strong remain in the future..

[praprata]

I believe Bitcoin will be around for a long time because it is a pioneer in the digital currency world and it also has emancipated many people form poverty and economic crashes. I think it has opened a pandora's box where new types of ideas and thinking is concerned also. There will be ups and downs but for now I believe Bitcoin is slowly increasing in people's interests generally speaking.

Indeed Bitcoin have a long life. I think his life just started. It becomes now more and more popular and that is quite good.
I hope later that more people will use Bitcoin and that the value will rise. That will be so good.

Bitcoin has a long life but I do not know how long because the bitcoin can also collapse because of something that has happened in the future, so its pretty unpredictable what is gonna happen.

I think it has a long life and the point is also indeed that the bitcoin is getting more popular by day.

At this point all of the scenarios that i can think off where Bitcoin would dissapear fall on the "unrealistic category", so that includes a total massive natural disaster, a world war, some sort of alien invasion... everything else has been addressed and is not a real treat. So yeah, it's simply unrealistic that bitcoun would fall at this point, too big too fail.

The Bitcoin life is very long I think that most people think that Bitcoin life have a long life. And that will be good.
The future is also good for Bitcoin. It will be more used and the world is becoming more digital.

[Bitcotalk]

the stability will happen when all the people around the world adopt and its use become normal,
I think the ups and down happen because of a number of people adopting or getting a side from it due to some reasons, but whenever its use become normal and it is established then the price will attain some stability.

[romero121]

With the hope of people soon bitcoin won't go down or end its life. Bitcoin will be having great years ahead as like the dollar. By the coming years bitcoin will experience a good adoption from users around the world which will surely increase Bitcoins life.