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Author Topic: How long is Bitcoin life?  (Read 11458 times)
angaper
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May 22, 2016, 09:17:52 PM
 #201

We need to be aware that bitcoin is actually a digital currency, and unfortunately every technological stuff based on online resources tend to be replaced sooner or later by new and more advantageous technologies. I don't think bitcoin stays alive in 15 or 20 years.
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May 22, 2016, 10:00:42 PM
 #202

We need to be aware that bitcoin is actually a digital currency, and unfortunately every technological stuff based on online resources tend to be replaced sooner or later by new and more advantageous technologies. I don't think bitcoin stays alive in 15 or 20 years.

Bitcoin's open-source nature allows it to be upgraded/updated throughout the years to make it future proof. It just depends on the devs if they are ready to implement certain must-have changes. Right now we are waiting for the block size to be upped from the current low 1MB cap.
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May 22, 2016, 10:59:57 PM
 #203

We need to be aware that bitcoin is actually a digital currency, and unfortunately every technological stuff based on online resources tend to be replaced sooner or later by new and more advantageous technologies. I don't think bitcoin stays alive in 15 or 20 years.

Bitcoin's open-source nature allows it to be upgraded/updated throughout the years to make it future proof. It just depends on the devs if they are ready to implement certain must-have changes. Right now we are waiting for the block size to be upped from the current low 1MB cap.
I bet we're going to take years to make simple changes like 1mb block upgrade. Even more consensus breaking updates are going to be harder to pass trough. Every upgrade to the code is reviewed by several experts. At least that's what I think, I can't confirm any of this. Given the difficulty to change the code, I'd bet that bitcoin will live at least until the code pays for its execution(mining rewards), if not longer.


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May 23, 2016, 04:26:21 AM
 #204

Bitcoin will live as long as there is an internet, miners and users. We are the life of bitcoin. So it will depend on  us on how long bitcoin's life will be. If we all stop believing in it, then it will stop living too. The more we believe in it, the better the price will be. The better bitcoin price is, the more we believe in it. It is a cycle and give and take.
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May 23, 2016, 05:23:41 AM
 #205

No one can really tell when is the end of bitcoin. Even theres many issue happen that could bring btc down, others predict btc will go down after that issue but look btc is still alive. I believe btc has a long term being top crypto.
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May 23, 2016, 02:28:43 PM
 #206

Bitcoin may as well be immortal and live forever until the Aliens invade Earth and take control of the Blockchain Smiley
That is something that nobody is able to answer because anything can happen with Bitcoin. It can go very good in the future but there is also a chance that Bitcoin will disappear over a couple of years.


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May 24, 2016, 08:26:18 AM
 #207

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 that bitcoin will be alive will it will have miners,  and i don't think that there is a reason for them to leave their jobs,  so bitcoin will live atleast 1 year, or even more

and i think that bitcoin users controls price of bitcoin as if people buy a lot of bitcoins, it's price will rise, and if lots of people will sell their bitcoins, price will fall
Nobody will know how long Bitcoin will exist and that is the problem of Bitcoin because that have to change and many people are depended on Bitcoin but it is hard to predict.
As you can see now you see also that Bitcoin is becoming also more popular and used so that is perfect for the currency itself.
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May 24, 2016, 10:42:34 AM
 #208

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 that bitcoin will be alive will it will have miners,  and i don't think that there is a reason for them to leave their jobs,  so bitcoin will live atleast 1 year, or even more

and i think that bitcoin users controls price of bitcoin as if people buy a lot of bitcoins, it's price will rise, and if lots of people will sell their bitcoins, price will fall
Nobody will know how long Bitcoin will exist and that is the problem of Bitcoin because that have to change and many people are depended on Bitcoin but it is hard to predict.
As you can see now you see also that Bitcoin is becoming also more popular and used so that is perfect for the currency itself.

Bitcoin will survive for a long time, there is nothing to worry about it, and the fact is bitcoin is getting bigger and popular with the time, so bitcoin will not die soon.
CrimBit
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May 25, 2016, 08:30:06 AM
 #209

Bitcoin will live as long as there is an internet, miners and users. We are the life of bitcoin. So it will depend on  us on how long bitcoin's life will be. If we all stop believing in it, then it will stop living too. The more we believe in it, the better the price will be. The better bitcoin price is, the more we believe in it. It is a cycle and give and take.

bitcoin will be survive if people still use it, im sure bitcoin will survive because some biggest company now use bitcoin , i think blockchain will be Internet 2.0
Imoote
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May 25, 2016, 11:32:35 AM
 #210

Bitcoin will live as long as there is an internet, miners and users. We are the life of bitcoin. So it will depend on  us on how long bitcoin's life will be. If we all stop believing in it, then it will stop living too. The more we believe in it, the better the price will be. The better bitcoin price is, the more we believe in it. It is a cycle and give and take.

bitcoin will be survive if people still use it, im sure bitcoin will survive because some biggest company now use bitcoin , i think blockchain will be Internet 2.0
Exactly, bitcoin will still be there if they are used. And I think bitcoin will always be there because I think people would use bitcoin because of its simplicity to earn money. If the growing age bitcoin bitcoin will be longer and more glorious, but if it does not develop bitcoin bitcoin will be excluded.
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May 25, 2016, 12:47:51 PM
 #211

Bitcoin will live as long as there is an internet, miners and users. We are the life of bitcoin. So it will depend on  us on how long bitcoin's life will be. If we all stop believing in it, then it will stop living too. The more we believe in it, the better the price will be. The better bitcoin price is, the more we believe in it. It is a cycle and give and take.

bitcoin will be survive if people still use it, im sure bitcoin will survive because some biggest company now use bitcoin , i think blockchain will be Internet 2.0
Exactly, bitcoin will still be there if they are used. And I think bitcoin will always be there because I think people would use bitcoin because of its simplicity to earn money. If the growing age bitcoin bitcoin will be longer and more glorious, but if it does not develop bitcoin bitcoin will be excluded.

The life of bitcoin is too long and we don't have to worry about it as its still young, let it get mature, and then older and after that it will die not before that.
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May 25, 2016, 12:59:11 PM
 #212

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

You are right, now bitcoin price is going up and also in 2016 more people are using the bitcoin instead of the last two years.
bitcoin live long, most of the qualities are here in bitcoin so i can say it easily that bitcoin will live long in future. May be bitcoin price will up or down but bitcoin will live in future.
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May 25, 2016, 01:13:21 PM
 #213

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

You are right, now bitcoin price is going up and also in 2016 more people are using the bitcoin instead of the last two years.
bitcoin live long, most of the qualities are here in bitcoin so i can say it easily that bitcoin will live long in future. May be bitcoin price will up or down but bitcoin will live in future.

We don't need to worry about the price fluctuations in bitcoin, that will always follow bitcoin, but we just need to have faith in it even if price drops.
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May 25, 2016, 02:14:18 PM
 #214

the bitcoin has lifed not so very long for now but he is growing very fast. There are allot of users this day and for in the future that will be many more. Just think about how long paypal exist bitcoin would be many time better.
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May 25, 2016, 04:06:48 PM
 #215

the bitcoin has lifed not so very long for now but he is growing very fast. There are allot of users this day and for in the future that will be many more. Just think about how long paypal exist bitcoin would be many time better.
bitcoin probably always will be, just like paypal. probably bitcoin will always evolving, so it probably will not disappear until the Internet disappeared. many people are in need of bitcoin until today and probably also in the future

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May 25, 2016, 07:40:30 PM
 #216

Bitcoin is barely born, it's not even adult yet, in fact it's basically at the point where it's slowly learning to walk.

Right now it's crawling.

It will take a long time before it will die.

It will only die when something better comes along, and you're probably dead by then. Don't worry.
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May 25, 2016, 08:28:23 PM
 #217

it's all back to whether there will be a cryptocurrency more popular later on but I think it's impossible because in my eyes bitcoin can long life.

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May 26, 2016, 01:34:25 AM
 #218

I think the life of the bitcoin is pretty long but of course we cannot predict these days, we should just see what is gonna happen right ?


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May 26, 2016, 03:23:44 AM
 #219

I think the life of the bitcoin is pretty long but of course we cannot predict these days, we should just see what is gonna happen right ?

We cannot really predicy how long bitcoin could be last but as long as their have many users and businessman stakes with it i really can say bitcoin will last more longer for higher the volume of market the higher it can gain morr trust for people and also in business sector if the two sector will do good partnership bitcoin will last long and price will also be kick up or even banks will also accept bitcoin and have storage to their business.

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May 27, 2016, 07:21:36 AM
 #220

I think the life of the bitcoin is pretty long but of course we cannot predict these days, we should just see what is gonna happen right ?

If there are active development of the bitcoin, the bitcoin will live forever, it will adapt to the new environment.
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