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Author Topic: How long is Bitcoin life?  (Read 11466 times)
elDano
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March 01, 2016, 10:33:16 AM
 #101

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.

There is nobody who can tell how long bitcoin will exist. Nobody. Even the founder mr. Satoshi Nakamoto.
It depends on a lot of actors being part of this prediction. And we can't control them.
fizzling
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March 01, 2016, 10:34:39 AM
 #102

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
It will live as long as people like you and me keep on using it. It will never die till even one guy wants to use it.
newcoins1978
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March 01, 2016, 11:12:55 AM
 #103

I think the bitcoin will have a long life but of course its not to predict how long the life of the bitcoin will stand, I think it will be for 20 years from now on.

Its of course not to predict so we have to really see that, the future is pretty good for the bitcoin.
damiano
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March 01, 2016, 11:26:43 AM
 #104

I think the bitcoin will have a long life but of course its not to predict how long the life of the bitcoin will stand, I think it will be for 20 years from now on.

Its of course not to predict so we have to really see that, the future is pretty good for the bitcoin.

I can predict that bitcoins life will still be living/being used. It will be still living while multiple people are still using it and miners confirming, so that is how long OP. As for a date, now that is a rather silly question imo. but, 02/22/2222.

The important thing that controls the price is simple, demand and speculation. In future we may have a big adoption rate behind us and the demand will outweigh the sellers, that will be a good day.
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March 01, 2016, 01:16:00 PM
 #105

we can't know how long bitcoin will be alive, but  i hope for next 30 years he will be alive, maybe even more, if price would fall below 100$then it would  be end for bitcoin because everyone will sell it
Hashminers
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March 01, 2016, 02:11:07 PM
 #106

Bitcoin will have a long life. I think his life just started now around this time and that is very good.
But you never know what can happen. It can also that the value will go down and that will not be good. But you can now see that the value is rising slowly.
MaxTax
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March 01, 2016, 02:47:12 PM
 #107

Bitcoin will have a long life. I think his life just started now around this time and that is very good.
But you never know what can happen. It can also that the value will go down and that will not be good. But you can now see that the value is rising slowly.
Bitcoin has a long life but you never now what can happen with the bitcoin because the bitcoin is unpredictable right ?
I think its best to just see what is gonna happen if the bitcoin is stable it will life long maybe even forever than.
Nemesis099
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March 01, 2016, 05:54:30 PM
 #108

Bitcoin will have a long life. I think his life just started now around this time and that is very good.
But you never know what can happen. It can also that the value will go down and that will not be good. But you can now see that the value is rising slowly.
Bitcoin has a long life but you never now what can happen with the bitcoin because the bitcoin is unpredictable right ?
I think its best to just see what is gonna happen if the bitcoin is stable it will life long maybe even forever than.

Its difficult to see price stability in bitcoins, as bitcoin doesn't have huge market cap so price ups and downs will always follow bitcoins, but if adoption is higher, bitcoin would survive longer.
thejaytiesto
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March 01, 2016, 07:19:08 PM
 #109


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.

I think you are understimating the power of Bitcoin. The Bitcoin network is the biggest, strongest network on the planet. I will repeat again: biggest, strongest, most safe network on the planet, resistant to all super computers in the world working against it in the same time.

I think this is impressive and it will be very, very hard for any other project to gather this much resources. And it only has begun, we are only at 6+ billion dollar marketcap.

I think we are all still pioneers but we are already entering the "too big too fall" stage. Confidence is built every new day Bitcoin survives.
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March 01, 2016, 08:25:31 PM
 #110

I think no one can touch or replace bitcoin for next 10 to 15 years, bitcoin is still in its younger age and needs some time to grow and develop, I believe it will not die very soon.
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March 01, 2016, 11:39:47 PM
 #111

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.

That comment bitcoin will die is kinda pointless lol.

If it was dead, we all wouldnt be here discussing about bitcoin so lets stop that nonsense and the value isnt zero.

If youre talking about price decaying thats a bit different, since its based on buy and sell orders from exchanges.
CrimBit
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March 02, 2016, 12:32:27 AM
 #112

as long as minner can take profit from bitcoin.
if minner earning is very low the bitcoin network maybe can be dead Roll Eyes
but.... if the government is willing to adopt and legalize bitcoin im sure bitcoin can survive forever
ingiltere
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March 02, 2016, 02:08:59 AM
 #113

After 7 years I'm sure that Bitcoin is here to stay. The traditional monetary system is changing day by day, because the technology gives us a lot of opportunities, that includes digital money too. Banks have already used digital money system so Bitcoin technology is easy to adopt in monetary system. In this century we can see all money system converted into digital.
Yakamoto
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March 02, 2016, 02:16:19 AM
 #114

After 7 years I'm sure that Bitcoin is here to stay. The traditional monetary system is changing day by day, because the technology gives us a lot of opportunities, that includes digital money too. Banks have already used digital money system so Bitcoin technology is easy to adopt in monetary system. In this century we can see all money system converted into digital.
That's actually true, Bitcoin has been around for 7 years. I completely forgot about the time period before 2013 as being a "thing".

I'm slightly more interested to see a primarily-digital economy, but I always want to have cash on hand. There's a feeling that holding cash will always give to someone.
D3ViL
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March 02, 2016, 02:24:46 AM
 #115

how would you assign a life for bitcoin , as long as there are miners and people interested in bitcoin , it will live on and on
techgeek
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March 02, 2016, 05:42:02 AM
 #116

as long as minner can take profit from bitcoin.
if minner earning is very low the bitcoin network maybe can be dead Roll Eyes
but.... if the government is willing to adopt and legalize bitcoin im sure bitcoin can survive forever

Yeah, who here mines... majority arent in this scenario.

Well if they are I`m sure they arent doing it on a massive scale that show signs of profit like bitmain does it.

As long bitcoin has a good # value, it`ll be around.

7Priest7
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March 02, 2016, 06:23:48 AM
 #117

if there are miners,if there are buyers and sellers, and if there are bitcoin users, bitcoin won't die, some poeple even think that bitcoin is immortal, no, it will die, just not till 2050
CrimBit
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March 02, 2016, 01:36:58 PM
 #118

if there are miners,if there are buyers and sellers, and if there are bitcoin users, bitcoin won't die, some poeple even think that bitcoin is immortal, no, it will die, just not till 2050

it's like gold story if people stop interesting gold ,no body interesting to buy it then miner will stop to mining gold, and gold would be die. the bitcoin value based of how much people interesting to have it.
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March 02, 2016, 01:51:17 PM
 #119

Gold is always useful in that it doesnt rust or decay and it doesnt require anyone to be interested in it or any maintenance.   The breakdown in comparison to bitcoin is that it does require active interest, its not exactly unique and really its more of an active product.   People have forgotten about gold before and it doesnt matter as hundreds years later its suffered no changes and its picked up again and used.

Bottom line gold is not always useful, its just a solid rock but quite unique but bitcoin I think will always require people to favour and want to use it or it will end far more quickly price and overall stop existing

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Imoote
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March 02, 2016, 02:29:34 PM
 #120

if there are miners,if there are buyers and sellers, and if there are bitcoin users, bitcoin won't die, some poeple even think that bitcoin is immortal, no, it will die, just not till 2050

it's like gold story if people stop interesting gold ,no body interesting to buy it then miner will stop to mining gold, and gold would be die. the bitcoin value based of how much people interesting to have it.

Yes very true bitcoin life depends on a lot of people who use it, if no one is using the same as bitcoin will die.
But I believe bitcoin will not die because there are many people who use it.
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