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cokkapaga
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August 28, 2016, 10:37:16 PM
 #581

I dont think bitcoin going to die
I always believe that bitcoin is the best payment in the world and people will be interested to use bitcoin.

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August 28, 2016, 10:40:33 PM
 #582

I dont think bitcoin going to die
I always believe that bitcoin is the best payment in the world and people will be interested to use bitcoin.

Yeah we can not estimate when bitcoin will still alive how long their lives.. bitcoin is just starting or this is just a new beginning for bitcoin because bitcoin right now starting to glow and more site right now are adding bitcoin as payment processor..
Also i think bitcoin price will increase more.. we are waiting for next halving to see that bitcoin will be still alive or not.

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August 28, 2016, 10:53:11 PM
 #583

I don't think Bitcoin can survive more than 20 years as a valuable altcoin, because technology is quickly advancing and even ten years are enough to develop better technologies, leaving behind the previous advances. Perhaps in 20 years bitcoin still will survive as an historic but outdated technology, stored by romantic bitcoiners using it to exchange coupons or play video games.
I think bitcoin was too young to die. 20 years from now it will be a golden age for bitcoin. I'm sure even in 100 years although bitcoin will still survive. the key is in the user's own

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August 28, 2016, 10:59:53 PM
 #584

to me bitcoin is not going to die. it is a universal currency and its value is increasing day by day, and its popularity is also increasing regularly. therefore it is wrong to say that bitcoin is going to die.
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August 29, 2016, 02:11:14 AM
 #585

I don't think Bitcoin can survive more than 20 years as a valuable altcoin, because technology is quickly advancing and even ten years are enough to develop better technologies, leaving behind the previous advances. Perhaps in 20 years bitcoin still will survive as an historic but outdated technology, stored by romantic bitcoiners using it to exchange coupons or play video games.
I think bitcoin was too young to die. 20 years from now it will be a golden age for bitcoin. I'm sure even in 100 years although bitcoin will still survive. the key is in the user's own
yeah bitcoin just growing but I am not sure bitcoin can survive in 100 years, perhaps at that time the technology is already highly sophisticated.

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August 29, 2016, 02:23:18 AM
 #586

Bitcoin dying? That means encryption being insecure or miners creating a 51% attack on the network, the former being, in the current state of technology, impossible while the latter is probable but miners won't do such a freak show. In terms of price, I don't think that alone would be a reason for bitcoin "dying".

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MakeMoneyBtc
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August 29, 2016, 02:24:53 AM
 #587

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 not die very soon. Even is people will not mine bitcoins it still exist and peoples make transactions with it
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August 29, 2016, 02:26:36 AM
 #588

you means that the fate of Ethereum will be fine in the future? I don't think so, if bitcoin was dead, every digital currencies would be no place to survive

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August 29, 2016, 02:36:24 AM
 #589

you means that the fate of Ethereum will be fine in the future? I don't think so, if bitcoin was dead, every digital currencies would be no place to survive
right. i think that bitcoin cant be replace by other cryptocurency . there is lots of new cryptocurencies but no one of them will survive like bitcoin because bitcoin is the best  Grin Wink
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August 29, 2016, 08:45:20 AM
 #590

I don't think Bitcoin can survive more than 20 years as a valuable altcoin, because technology is quickly advancing and even ten years are enough to develop better technologies, leaving behind the previous advances. Perhaps in 20 years bitcoin still will survive as an historic but updated technology, stored by romantic bitcoiners using it to exchange coupons or play video games.

I am pretty sure and you will see that in 20 years bitcoin will be a global currency everyone will have an ATM card for it and will have their phone wallets and every store will have a machine like ATM, and at there they will accept bitcoin for their products which they will sell, and we will see bitcoin as a global currency.
hope it will be so. but it is very difficult to give a time frame for it. there is no doubt that a time will come when all the people will be using bitcoin instead of fiat currency, but giving a time frame for it is not so easy, i think it will take generation when most of the people will be using bitcoin for buying and selling in their local markets.
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August 29, 2016, 10:52:21 AM
 #591

Well that's not easy to answer.


But put it this way, once there's no demand left (which I doubt it'll ever happen) only then Bitcoin can die. And there's no accurate time when it happens. But obviously there'll be signs before it dies. It won't just suddenly collapse.
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August 29, 2016, 10:57:43 AM
 #592

Why bitcoin isn't going to die? Because many persons have invested millions and the darkweb is more vivid than ever nowadays with dark markets popping out almost everyday, number of BTC transactions there is increasing everyday, so no Bitcoin isn't going to die in at least 10-20 years but for me it will never die.

People also invest in stocks etc.....and some loose big time. The return from Bitcoin mining will so soon (if not already) become so small that you don't want to bother. Try set up such a miner yourself and run it in a western country. The electricity cost will quickly drain your pocket.....so basically it's mainly run in third world countries like China.....do you trust China?

The darkweb is a disgrace for argumenting for Bitcoins, but if you do so you could argue that the Darkweb could easily shift to another currency like Rimbits.

Oh...by the way they had some years ago a nice totally fake hardware you could preorder...I was stupid enough to do so....I never saw my Bitcoins again.... Hong Kong company by the way
I dont think the bitcoin will die because there will always be some people who has bitcoins so when peopel are using the bitcoins the bitcoin wont die but when everybody is dumping
their coins the bitcoin will die for sure. Not really die off course but i think it will do allot to the price and not in a positive way for sure!
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August 29, 2016, 11:32:59 AM
 #593

Why bitcoin isn't going to die? Because many persons have invested millions and the darkweb is more vivid than ever nowadays with dark markets popping out almost everyday, number of BTC transactions there is increasing everyday, so no Bitcoin isn't going to die in at least 10-20 years but for me it will never die.

People also invest in stocks etc.....and some loose big time. The return from Bitcoin mining will so soon (if not already) become so small that you don't want to bother. Try set up such a miner yourself and run it in a western country. The electricity cost will quickly drain your pocket.....so basically it's mainly run in third world countries like China.....do you trust China?

The darkweb is a disgrace for argumenting for Bitcoins, but if you do so you could argue that the Darkweb could easily shift to another currency like Rimbits.

Oh...by the way they had some years ago a nice totally fake hardware you could preorder...I was stupid enough to do so....I never saw my Bitcoins again.... Hong Kong company by the way
We cant predict some place or moment when the bitcoin will die and i dont think he will die ever because the price of the bitcoin is positive and there are just coming more and more poeple who are using it right now. So if you think the bitcoin will die you dont know where you are talking about maybe die in price drop but seriously die nooo i dont think that would happen!
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August 29, 2016, 11:50:52 AM
 #594

Why bitcoin isn't going to die? Because many persons have invested millions and the darkweb is more vivid than ever nowadays with dark markets popping out almost everyday, number of BTC transactions there is increasing everyday, so no Bitcoin isn't going to die in at least 10-20 years but for me it will never die.

People also invest in stocks etc.....and some loose big time. The return from Bitcoin mining will so soon (if not already) become so small that you don't want to bother. Try set up such a miner yourself and run it in a western country. The electricity cost will quickly drain your pocket.....so basically it's mainly run in third world countries like China.....do you trust China?

The darkweb is a disgrace for argumenting for Bitcoins, but if you do so you could argue that the Darkweb could easily shift to another currency like Rimbits.

Oh...by the way they had some years ago a nice totally fake hardware you could preorder...I was stupid enough to do so....I never saw my Bitcoins again.... Hong Kong company by the way
We cant predict some place or moment when the bitcoin will die and i dont think he will die ever because the price of the bitcoin is positive and there are just coming more and more poeple who are using it right now. So if you think the bitcoin will die you dont know where you are talking about maybe die in price drop but seriously die nooo i dont think that would happen!

Nothing is impossible dude! There are possibilities that bitcoin died we dont know the reason why it gonna happen but it has a low percentage that the bitcoin dies. Bitcoin is popular right now lot of people using it and i dont think so that it would die early now but soon decades? haha
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August 29, 2016, 12:05:22 PM
 #595

Bitcoin will not die for the next decades to come. Just think about how large the bitcoin economy has grown the last 5 years. Then think about the market cap and you will know bitcoin is here to stay.
im agree with this bitcoin will not gonna die because many people are using it and depending on their business with bitcoin and also we are the one who depending on bitcoin and bitcoin helps us also with our daily living where we can get some bitcoin to use
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August 29, 2016, 01:29:19 PM
 #596

you means that the fate of Ethereum will be fine in the future? I don't think so, if bitcoin was dead, every digital currencies would be no place to survive
right. i think that bitcoin cant be replace by other cryptocurency . there is lots of new cryptocurencies but no one of them will survive like bitcoin because bitcoin is the best  Grin Wink
of course it cannot be just replaced, in my opinion bitcoins are going to be the strongest all the time in the future because it is the main money

 
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August 29, 2016, 01:53:48 PM
 #597

When it wants to die  Shocked
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August 29, 2016, 02:07:25 PM
 #598

Maybe they can predict the price if it will goes up or down but no one can tell when is bitcoin going to die and IMO btc cant replace by any crypto out there even ETH. They will automatically fall if ever btc dies.
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August 29, 2016, 02:23:01 PM
 #599

When it wants to die  Shocked

Well bitcoin doesn't wants to die as long as there are going to have supporters and users it is not going to die. And of course as a user and supporter of bitcoin I don't bitcoin to die. And base on my own view, bitcoin now is becoming stronger as the days as passing by it is really one of the good crypto currency which has a good future.

 
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danherbias07
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August 29, 2016, 02:33:17 PM
 #600

Maybe they can predict the price if it will goes up or down but no one can tell when is bitcoin going to die and IMO btc cant replace by any crypto out there even ETH. They will automatically fall if ever btc dies.

That is a grand fall actually. Who will trust the crypto when this big one is lost. I dont think there is one that will fight still for a new one if bitcoin die. The manner of trust is likely to go way low that there will be no more support.

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