I Am Hero
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June 18, 2016, 12:34:28 PM |
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bitcoin can only die in your dreams.
or if some new technology comes along in 20 years in the future which can replace it.
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Buying Bitcoin like a Boss
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Crazygreek
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June 18, 2016, 12:45:27 PM |
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I think that bitcoin will die when people will stop using it, but people will not stop using bitcoin till than they can get profit from bitcoin. So we just need to make bitcoin very cheap.
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Azarl
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June 18, 2016, 12:46:51 PM |
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Well a single miner is enough to keep it running. So I'm guessing 40-50 years for sure
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Daniel91
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June 18, 2016, 12:50:02 PM |
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I think that bitcoin will die when people will stop using it, but people will not stop using bitcoin till than they can get profit from bitcoin. So we just need to make bitcoin very cheap.
We can't predict or be absolutely sure that people will always use Bitcoin, for eternity. It's also possible that in 10, 30, 50 years or more people will find something better, who knows? If not enough users and merchants, there will be no profits with Bitcoin. Bitcoin is not cheap right now and it seems that BTC will become even more expensive next weeks or months.
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pereira4
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June 18, 2016, 12:50:35 PM |
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Never. Everyone in here will die before Bitcoin dies. Not even a big asteroid will kill Bitcoin, since by then, we will be terraforming other planets and humans will bring copies of the blockchain, making Bitcoin spread across the universe. It will become the de-facto currency of the Milky Way.
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salmanahmedone
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June 18, 2016, 01:39:01 PM |
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Bitcoin will not die soon it is only possible that it is going to die after some 20 years or something it will die when there will be another currency that is more used and popular than Bticoin. But now Bitcoin will stay stable and that is good for the currency itself and the most people are hoping also that the value will rise soon.
you're right, the day, bitcoin will become increasingly popular and the price will always grow, things that can bitcoin dead is dead internet, and had no use bitcoin, so as to lower prices, and eventually become worthless Bitcoin will not die soon as you see now you see that the value of Bitcoin is getting higher and that is good for the people who already have Bitcoin so they can earn money. And sell it later maybe in the future with some nice profit if the price is rising for a long time, but the bad thing is that you cant know that before so you should take some risks. Yeah bitcoin will never be die now because for today it has strong foundation and the price is keeping rising daily although it has ups and downs but it still going up high now. And for this halving event the price will surely pump to high price and for those envy people who keep saying bitcoin will die will use bitcoin now because they will see bitcoin is profitable and never be die Seeing the current prices of bitcoin and the market cap along with the users interest in this currency , it can now be safely said that it is impossible for bitcoins to die. It will remain forever surely.
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cbreum (OP)
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Passionate software developer and crypto guy.
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June 18, 2016, 01:41:29 PM |
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Bitcoin will not die soon it is only possible that it is going to die after some 20 years or something it will die when there will be another currency that is more used and popular than Bticoin. But now Bitcoin will stay stable and that is good for the currency itself and the most people are hoping also that the value will rise soon.
you're right, the day, bitcoin will become increasingly popular and the price will always grow, things that can bitcoin dead is dead internet, and had no use bitcoin, so as to lower prices, and eventually become worthless Bitcoin will not die soon as you see now you see that the value of Bitcoin is getting higher and that is good for the people who already have Bitcoin so they can earn money. And sell it later maybe in the future with some nice profit if the price is rising for a long time, but the bad thing is that you cant know that before so you should take some risks. Yeah bitcoin will never be die now because for today it has strong foundation and the price is keeping rising daily although it has ups and downs but it still going up high now. And for this halving event the price will surely pump to high price and for those envy people who keep saying bitcoin will die will use bitcoin now because they will see bitcoin is profitable and never be die Seeing the current prices of bitcoin and the market cap along with the users interest in this currency , it can now be safely said that it is impossible for bitcoins to die. It will remain forever surely. You are doing add's for Bitcoins so your say is worth nothing.
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X-ray
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June 18, 2016, 01:45:32 PM |
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The mining is becoming too expensive and none profitable. I think that will bring uᴉoɔʇᴉq to an end. Another problems is that there is only a few miners left controlled by a few making them controlling moondollars. It's no longer the currency of the people but a currency of the few rich companies that runs the show.....but for how long can the continue?
I have been looking at Rimbit instead since it is premined and therefore don't need the middleman with the expensive hardware for transaction validation. Instead the validation is done by the wallet's running on peoples computers. As I see it it's a currency for the people and it will stay that way. Sadly it's still fairly unknown.
Time will show how long moondollars survive but my guess is not more than 3 years......please challenge that statement with serious arguments.
Bitcoin will never go to die because bitcoin price is rising until now and it will show if bitcoin has a future and a lot of people using this and bitcoin, not an easy to die. it's too difficult for bitcoin to die.
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Sled
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June 19, 2016, 12:14:31 AM |
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No. Bitcoin will continue to live and rise. Even though it will be harder to mine bitcoin after halving i think that is not a big deal because many users will help bitcoin to maintain it's life by continue using it as an investment and currency and also buying bitcoins. Mining is still profitable if you join mining pool and you didn't just mine by your own.
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Nevis
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June 19, 2016, 02:02:45 AM |
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Bitcoin will never die they will last forever even if they become less worth. As long as people are willing to pay for Bitcoins.
The bitcoin he did not die. because many users its flesh he die without user bitcoin. but I sure do not lose bitcoin in history because many users
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Nevis
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June 19, 2016, 02:07:33 AM |
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when is Bitcoins going to die?
well, all the community who will read this question including for sure we have one answer here and that is Bitcoin will never die ever as long us ther e is community who use Bitcoins.
bitcoin is never die. because if you lose the bitcoin history. I just leave what happens insurance many still do not want to lose the bitcoin. including me there.
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justspare
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June 19, 2016, 02:18:12 AM |
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Mining is profitable, therefore no one would mine. If some people think it's not profitable, the difficulty will drop, and some other people in some other place with a better ratio of electricity/cost will take advantage of the decreased difficulty to start a mining business... Bitcoin network will always adapt, it's a free market.
No other coin is anywhere near being competition to Bitcoin, so sit down and wait because it's not going to die anytime soon.
But as the block reward continues to drop, mining becomes less and less profitable every halving. Maybe one day only a couple of people will mine and it will take hours or even days to get into a block.
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akogwapo14
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June 19, 2016, 10:22:29 AM |
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No there is no way of bitcoin will die ,many investor now trusting bitcoin and it's hard now to manipulate the price of bitcoin. Even the price will go lower that's not mean it will going to die If the price of bitcoin lower many investor will buy it for sure.
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gilangIDR
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June 19, 2016, 10:37:17 AM |
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No. Bitcoin will continue to live and rise. Even though it will be harder to mine bitcoin after halving i think that is not a big deal because many users will help bitcoin to maintain it's life by continue using it as an investment and currency and also buying bitcoins. Mining is still profitable if you join mining pool and you didn't just mine by your own.
I agree with you. bitcoin presence is as a reformer of the conventional payment medium. with bitcoin everything was easy and fast. bitcoin will still exist in this world because of its more and more. the greater and the more people using bitcoin bitcoin will make getting stronger in the financial markets.
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marcuslong
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June 19, 2016, 10:39:15 AM |
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Now we cant predict it nobody knows but i think theres a sign when this bitcoin will die. But what is the sign of bitcoin that this will die soon? I think this is like the sign of the altcoin or the cause like altcoin. I think if bitcoin will hack lile ethereum it will be die also. But i think it is impossible because i think many hackers try to hack it but they always failed so it is impossible to die bitcoin.
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BitcoinSupremo
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June 19, 2016, 10:52:50 AM |
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Last bitcoin mined will be in year 2141 or something like that, its for sure that last bitcoin mined will be above year 2100, so all of us who are still alive now, there is a big chance we will all be dead by then, so its sure that bitcoin is not going to die until year 2100. Just enjoy the profits coming from it, exchange to cash, invest in online ventures, do trading, or just collect it for a few years hoping in the price being increased a lot, thats what many do and don't care about when bitcoin is going to die.
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serjent05
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June 19, 2016, 11:09:33 AM |
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Now we cant predict it nobody knows but i think theres a sign when this bitcoin will die. But what is the sign of bitcoin that this will die soon? I think this is like the sign of the altcoin or the cause like altcoin. I think if bitcoin will hack lile ethereum it will be die also. But i think it is impossible because i think many hackers try to hack it but they always failed so it is impossible to die bitcoin.
As long as bitcoin have value and a single person is still into Bitcoin and using his utilities be a node, bitcoin will never die. It will only die if trading ceased and not a single person is mining it. But at this point of time, that is far from possible to happen. But still we can't predict the future only speculate so a century after, we don't know what will happen to BTC.
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Mumbeeptind1963
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June 19, 2016, 11:18:31 AM |
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Bitcoin is not going to die, because there are many people here in bitcoin world hoping when the price of it will dump, so if they have extra money they used it to buy bitcoi and wait to rise again the price of bitcoin. So theres no possible to die bitcoin.
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Bestwishes745
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June 19, 2016, 11:18:56 AM |
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Mining is profitable, therefore no one would mine. If some people think it's not profitable, the difficulty will drop, and some other people in some other place with a better ratio of electricity/cost will take advantage of the decreased difficulty to start a mining business... Bitcoin network will always adapt, it's a free market.
No other coin is anywhere near being competition to Bitcoin, so sit down and wait because it's not going to die anytime soon.
But as the block reward continues to drop, mining becomes less and less profitable every halving. Maybe one day only a couple of people will mine and it will take hours or even days to get into a block. You may know about that only 25% bitcoins are remained to mine, so I think in the coming future sooner all of the coins will be mined and we will no more need any miners then, so with the reducing the miners reward we cannot say that bitcoin will die.
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DoublerHunter
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June 19, 2016, 11:24:04 AM |
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No there is no way of bitcoin will die ,many investor now trusting bitcoin and it's hard now to manipulate the price of bitcoin. Even the price will go lower that's not mean it will going to die If the price of bitcoin lower many investor will buy it for sure.
Yeah that's right because it's the right time to make good profit if the price will go down and also, it will helps a lot for bitcoin to regain it's high price if many users will also buy at that moment.
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