Cuhua-hua
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September 01, 2016, 01:57:36 PM |
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I don't think bitcoin will die. If you observe it everyday, it is gaining more investors and user base. More country is getting open in accepting bitcoin transactions, and more project and development is observed. Even if bitcoin power decrease due to a more popular altcoin in the future, it will stay alive because of the baser user it established.
Same what i was thinking bitcoin will never die, until more people using bitcoin this will exist and continuous adoption by more people it will get stronger and increase the potential that bitcoin life will go long lasting. even now I think users could die first, rather than bitcoin. so I do not think bitcoin will die. but I myself will leave bitcoin because of age who are old enough will definitely not be using bitcoin again. bitcoin will continue to grow in the future I'm sure, so it will not be easy to die, but in the future will be more widely and used by many people. if no then bitcoin user will die or it can also be like you said bitcoin will not die just bitcoin prices will fall to the lowest point possible back like the beginning of bitcoin born. But while the users may die, there are others coming. The Bitcoin userbase is slowly increasing but will probably reach a nice number soon. I think Bitcoin will only die if the energy will collapse one day or something. That is correct only internet connection and electricity can die bitcoin but any other matters can never do that. The value of bitcoin is continuous rising because of the day to day adoption of the people that is why life of bitcoin is also going stronger. And I don't think that internet will ever disappear in future as it has become a necessity of everyone, so I don't see bitcoin going anywhere, in fact it will grow higher in future. Indeed, the internet is not going to disappear. For if the internet disappeared or down then it will make everyone's confusion with all the work they are doing in the internet. And also definitely research space will experience a bad thing
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potatopower
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September 01, 2016, 02:08:50 PM |
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Bitcoin will die when a previously unknown bug is discovered, which enables double spend / counterfeit. Or it will die when supercomputers make it possible to hack the private keys of online wallets. I don't think that BTC is going to last for more than 10-15 years. In technology, the lifespan is smaller. For example, first we had floppy discs. They were replaced by CDs. These CDs were replaced by DVDs and finally the Blu Ray Disc was invented which replaced the DVDs. Something similar will happen with the BTC.
Those who support bitcoin put a bounty to whom can hack the system but no one is still successful in doing it. That is why big supporters are coming everyday. They know they are safe and they say it is really a strong crypto. no one can hack the bitcoin system so the efforts are just useless then, in my opinion bitcoins are never going to die because it is invincible
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bitcoin-hunter
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September 01, 2016, 02:18:30 PM |
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I don't think bitcoin will die. If you observe it everyday, it is gaining more investors and user base. More country is getting open in accepting bitcoin transactions, and more project and development is observed. Even if bitcoin power decrease due to a more popular altcoin in the future, it will stay alive because of the baser user it established.
Yeah it just keeps growing and getting bigger, maybe bitcoin will not be the main currency but I am pretty sure we will have some kind of digital cash perhaps an alt coin as main currency
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J Gambler
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September 01, 2016, 02:22:12 PM |
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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.
Dude you are perfectly right there bitcoins are not going to die because its lots of investors who uses bitcoin as currency because they think that their company are going to grow with this currency where they can easily trade and to some investment where they can also do gambling for free without taxex
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Y U MAD AT ME
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JessicaSe
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September 01, 2016, 02:24:22 PM |
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I don't think bitcoin will die. If you observe it everyday, it is gaining more investors and user base. More country is getting open in accepting bitcoin transactions, and more project and development is observed. Even if bitcoin power decrease due to a more popular altcoin in the future, it will stay alive because of the baser user it established.
Yeah it just keeps growing and getting bigger, maybe bitcoin will not be the main currency but I am pretty sure we will have some kind of digital cash perhaps an alt coin as main currency Altcoin can never replace bitcoin for sure, bitcoin is mother and father of all cryptos and I don't think any other coin has potential to take place of bitcoin in future.
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Achargeturry78
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Just follow the rules
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September 01, 2016, 02:44:24 PM |
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WEll for me bitcoin isn't going to die because lots of user's are using it as a currency so that they can start some activities like they can do some investment where they can easily grow their bitcoin by doing this kind of investment 2nd trading if they got some skills in trading then they can easily grow their money .
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praprata
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September 01, 2016, 03:00:00 PM |
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Not going to die, too much money in it to just all dissapear have some faith. Making this threads can make people anxious aswell which has a negative impact on the community and bitcoin itself. Isnt this what we are trying to avoid a little bit?
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torrentheaven
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September 01, 2016, 03:03:11 PM |
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Not going to die, too much money in it to just all dissapear have some faith. Making this threads can make people anxious aswell which has a negative impact on the community and bitcoin itself. Isnt this what we are trying to avoid a little bit?
That's true we know that bitcoin is not going to die soon but a person who is new to bitcoin will surely get confused that what's gonna happen in future and he may hesitate in adopting bitcoins.
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Mastsetad
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September 01, 2016, 03:06:14 PM |
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Not going to die, too much money in it to just all dissapear have some faith. Making this threads can make people anxious aswell which has a negative impact on the community and bitcoin itself. Isnt this what we are trying to avoid a little bit?
Hmm maybe some new users would not take it normally and become serious about bitcoin in a negative way but i think the believers of bitcoin wont panic even after reading something like this because they already know it is not going to happen.
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lakisis
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September 03, 2016, 07:23:19 AM |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
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drwtsn32
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September 03, 2016, 09:56:22 AM |
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OP, thanks for being concerned about its lifespan but I believe that when bitcoin dies, we are all long dead as well. Others estimate that it will live for hundreds of years. Maybe more. So what you must think of is how are you going to save a lot of bitcoin so that your grandchildren can make use of it.
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mark coins
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September 03, 2016, 09:59:25 AM |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
Adoption is not huge at a moment, its increasing slowly and steadily but bitcoins has great scope to be a powerful currency in future when many more companies will start accepting it.
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Aamir1
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September 03, 2016, 10:06:22 AM |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
Adoption is not huge at a moment, its increasing slowly and steadily but bitcoins has great scope to be a powerful currency in future when many more companies will start accepting it. I guess he meant people are adopting it in a large amount and that is right because not a lot of companies in physical world adopted bitcoin right now and if that happens it would surely make it more stronger than now.
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social crypto comunity
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September 03, 2016, 10:07:46 AM |
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bitcoin never die but bitcoin can die all people not use bitcoin again bitcoin economic law, demand and supply, not demand bitcoin will die
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ekoice
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September 08, 2016, 11:25:47 AM |
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I dont think bitcoin is going to die but in future, when quantum computing will be introduced, it is said that it could break blockchains mechanism and if it happens, it may cause an end to bitcoin. before that, some technical systems should be improved to avoid such happenings.
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torrentheaven
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September 08, 2016, 12:22:18 PM |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
Adoption is not huge at a moment, its increasing slowly and steadily but bitcoins has great scope to be a powerful currency in future when many more companies will start accepting it. I guess he meant people are adopting it in a large amount and that is right because not a lot of companies in physical world adopted bitcoin right now and if that happens it would surely make it more stronger than now. Its hard to believe that companies will start adopting bitcoins as price volatility can create a major issue as companies need to invest huge amount in bitcoins and if price falls then it will be a big loss for them.
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TastyChillySauce00
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September 08, 2016, 12:34:54 PM |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
Adoption is not huge at a moment, its increasing slowly and steadily but bitcoins has great scope to be a powerful currency in future when many more companies will start accepting it. I guess he meant people are adopting it in a large amount and that is right because not a lot of companies in physical world adopted bitcoin right now and if that happens it would surely make it more stronger than now. Its hard to believe that companies will start adopting bitcoins as price volatility can create a major issue as companies need to invest huge amount in bitcoins and if price falls then it will be a big loss for them. as long the companies adopting bitcoin only for another payment option or alternative of payment option it will be fine,there's exist a bitcoin payment API that directly exchange the bitcoin to fiat at the current rate so there's nothing to worry about the volatility,and they surely don't need to invest for doing it
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JessicaSe
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September 08, 2016, 12:37:12 PM |
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I think bitcoin will die after we die, its not so simple for bitcoin to die as it is getting bigger and bigger day by day and we are also witnessing new users in the world of bitcoins.
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vero
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September 08, 2016, 01:00:36 PM |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
Adoption is not huge at a moment, its increasing slowly and steadily but bitcoins has great scope to be a powerful currency in future when many more companies will start accepting it. I guess he meant people are adopting it in a large amount and that is right because not a lot of companies in physical world adopted bitcoin right now and if that happens it would surely make it more stronger than now. Its hard to believe that companies will start adopting bitcoins as price volatility can create a major issue as companies need to invest huge amount in bitcoins and if price falls then it will be a big loss for them. as long the companies adopting bitcoin only for another payment option or alternative of payment option it will be fine,there's exist a bitcoin payment API that directly exchange the bitcoin to fiat at the current rate so there's nothing to worry about the volatility,and they surely don't need to invest for doing it maybe that companies have a good project with bitcoin but they still not tell to their staff due for me if the company has no plans to bitcoin they will refuse to adopt bitcoin because the prices fluctuating.
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upsidedown75
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September 08, 2016, 07:05:29 PM |
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i do not think that bitcoin are going to die because are too stronger and powerful currency and everyone adopting bitcoin in huge amount and hold it for long term so bitcoin will be never go to die it will survive always.
Adoption is not huge at a moment, its increasing slowly and steadily but bitcoins has great scope to be a powerful currency in future when many more companies will start accepting it. I guess he meant people are adopting it in a large amount and that is right because not a lot of companies in physical world adopted bitcoin right now and if that happens it would surely make it more stronger than now. Its hard to believe that companies will start adopting bitcoins as price volatility can create a major issue as companies need to invest huge amount in bitcoins and if price falls then it will be a big loss for them. Pretty sure they would not just go in and invest without having a security measure for this kind of scenario. Of course, every step they take, whether big or small has always risks involved. That is what it means to run a company.
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