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Author Topic: Can bitcoin survive with all its challenges?  (Read 10414 times)
Wipro
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Today at 06:41:27 AM
 #341

With today's advanced and technological developments many entrepreneurs are trying to do business on technology just as they are making new digital coins to compete with bitcoin or just to make the coin go in the market so as to attract investors.

Yeah many companies adopting blockchain technology and making security firewall with the crypto programming and financial institutions learn about bitcoin making its own digital coin. Like citi bank's Citicoin.
Bitcoin will help kind of commodities and business in future with its potential. I see the dumped amount recovered back again today.

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Today at 06:53:01 AM
 #342

With today's advanced and technological developments many entrepreneurs are trying to do business on technology just as they are making new digital coins to compete with bitcoin or just to make the coin go in the market so as to attract investors.

Yeah many companies adopting blockchain technology and making security firewall with the crypto programming and financial institutions learn about bitcoin making its own digital coin. Like citi bank's Citicoin.
Bitcoin will help kind of commodities and business in future with its potential. I see the dumped amount recovered back again today.
is that coin made by citi bank ever published, never heard of it but i'm sure it's just duplicate of what have existed since years ago, banks rarely innovative these days
even i know how that coin will ended up
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Today at 06:58:51 AM
 #343

anything that could make bitcoin could survive in an era like today, with all the challenges and intense competition with other coins?
Of course, bitcoin will survive with all its challenges. No fear about that. bitcoin have a lot of power in cryptocurrency world. I don't think one day, bitcoin will be beaten by another coin, because bitcoin community it's too larger and the most of people here use bitcoin. so i don't see any other cryptocurrency will grow and cross the barrier of bitcoin price. In the near future or in long future.
I don't think one day will be beaten by bitcoin coins another, because society bitcoin is too large and most people here use the bitcoin. So I don't see any other cryptocurrency will grow and crossed the barrier of price bitcoin. In the near future or in the future. but I bet if bitcoin will survive with all the challenges because of the bitcoin has the power in the world cryptocurrency therefore no one has beat bitcoin

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Today at 07:04:00 AM
 #344

Yes it could be because the small will keep moving until he grows up like the others
For something to grow it needs to be a good platform and people should trust them and just because someone creates a alt coin does not mean that it will be rallying in price unless some big investors or bitcoin holders plan to make some move to change the perception for a while and it might not last for a long time.The main challenge of bitcoin is the scaling debate it could define what the future holds for bitcoin.

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Today at 08:20:58 AM
 #345

I think it can, with the challenges being the against-it rigid governments, the laid back and somewhat ineffective regular banking systems and the more competitive online payment methods, I think BTC will be able to emerge as one of the leading currencies and method to send money throughout the world.
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Today at 08:26:09 AM
 #346

I think it can, with the challenges being the against-it rigid governments, the laid back and somewhat ineffective regular banking systems and the more competitive online payment methods, I think BTC will be able to emerge as one of the leading currencies and method to send money throughout the world.
yes im sure about it too. bitcoin has been there for about many years but still it has a good market value and many people have trust on it. People already enjoyed using it and earning it. They already invested in it because they know that bitcoin will face all the challenges whatever it takes. It can survive for many year with us that has trust on it and who uses it.

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Today at 08:30:47 AM
 #347

Bitcoin from the start have evolved as a challenging technology which too has several challenges to be faced from other currencies that grew following bitcoin. Till date it has faced several such challenges and stans successful. So this time too it has come closer to overcome the challenge and survive.


What kind of challenges should be faced by bitcoin, since bitcoin up to now has been able to answer all the challenges needed by its users

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Today at 08:32:14 AM
 #348

anything that could make bitcoin could survive in an era like today, with all the challenges and intense competition with other coins?
I do believed that in every circumstances that bitcoin will face a great challenge, and it will surely survive remember
bitcoin now is already stand for a years which is 8yrs now.

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Today at 08:40:35 AM
 #349

Bitcoin from the start have evolved as a challenging technology which too has several challenges to be faced from other currencies that grew following bitcoin. Till date it has faced several such challenges and stans successful. So this time too it has come closer to overcome the challenge and survive.


What kind of challenges should be faced by bitcoin, since bitcoin up to now has been able to answer all the challenges needed by its users

I think the problem is not on the bitcoin itself, but the transaction which is so long to confirm and it's price which is really unpredictable causing some investors to blame themselves whenever they missed to convert. And the one making solutions is the devs.

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Today at 08:47:45 AM
 #350

Bitcoin from the start have evolved as a challenging technology which too has several challenges to be faced from other currencies that grew following bitcoin. Till date it has faced several such challenges and stans successful. So this time too it has come closer to overcome the challenge and survive.


What kind of challenges should be faced by bitcoin, since bitcoin up to now has been able to answer all the challenges needed by its users

I think the problem is not on the bitcoin itself, but the transaction which is so long to confirm and it's price which is really unpredictable causing some investors to blame themselves whenever they missed to convert. And the one making solutions is the devs.
All of the things that you already stated is connected to bitcoin because it is all transacted using bitcoin and the only reason why the transactions take too much to before it gets confirmation is because of the crowded blockchain and a lot of users are transacting using bitcoin so it is very common to have a traffic even in the internet.

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Today at 12:05:22 PM
 #351

anything that could make bitcoin could survive in an era like today, with all the challenges and intense competition with other coins?

Honestly i don't think that any other virtual coin can compete with bitcoins in future potentially however ETH is doing a bit good and might compete but bitcoin is known for long so bitcoin will dominate.



Very difficult to be able to replace bitcoin because it has become a benchmark price for altcoin should the dollar as a benchmark price of other currencies. I'm sure bitcoin will always be above because the user is still loyal to bitcoin
Yeah one of the reasons for loyal users to bitcoin. The user has been assured that bitcoin is the best cryptocurrency. So altcoin will not be able to replace bitcoin.

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Today at 02:01:36 PM
 #352

anything that could make bitcoin could survive in an era like today, with all the challenges and intense competition with other coins?
Of course, Yes! Bitcoin can survive with all challenges that it takes. Bitcoin doesn't need any proof because of its dominant effect from other coins. Bitcoin will become more powerful today and I know it will maintain its popularity all over the country. Bitcoin can be level with other fiat cash like paper money. It can be used in our daily transaction like payments, buying goods and services, and also online shopping. It is the best I've ever known about bitcoin. 


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Today at 02:24:49 PM
 #353

Bitcoin from the start have evolved as a challenging technology which too has several challenges to be faced from other currencies that grew following bitcoin. Till date it has faced several such challenges and stans successful. So this time too it has come closer to overcome the challenge and survive.


What kind of challenges should be faced by bitcoin, since bitcoin up to now has been able to answer all the challenges needed by its users

I think the problem is not on the bitcoin itself, but the transaction which is so long to confirm and it's price which is really unpredictable causing some investors to blame themselves whenever they missed to convert. And the one making solutions is the devs.
The main purpose of bitcoin to be the micropayment transaction in the future and it has related to the internal/technical problem of bitcoin. It's about the blocksize of bitcoin which has limited to validating the transaction on the bitcoin network and it's a part of bitcoin itself. You must read again about the bitcoin and the whole explanation about the bitcoin.
It looks that you just took simple explanation about the bitcoin without trying to consider to learn about the internal part of bitcoin itself.


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Today at 09:02:57 PM
 #354

We start seeing a lot of altcoin campaigns using smart contracts from ethereum, it shows that they are serious competitors of bitcoin, we need to remember that something big comes from comfort and trust and it is unlikely that they will replace the main position of cryptocurrency. I also had time with the price of bitcoin this time where the price fell too deep, and if the price falls until back in 2013, then certainly bitcoin will lose the attraction again.
How much altcoin such as etherum promotes. Bitcoin will be much more famous. Bitcoin is already scattered throughout the world. People will first recognize bitcoin rather than altcoin

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