Bitcoin is gonna die soon!

[webtricks]

I think continuous increasing of value is not good in bitcoin because if will increase value in the highest level no one like to buy for it all users even investor only want is do work to earn bitcoin and not to buy then the demand will slow down together with the value of it.

Give me some air, do you know what are you speaking?
Prices of Bitcoin doesn't got fixed by any heavenly verdict or by God. Its prices are determind by buyers/sellers. If btc worth $2000 today, it is because people wanna pay that amount for it. Suppose people stop buying at this price, price will automatically take a dip.
Also there is difference when we say price and when we say value. Prices are in term of currency worth whereas value is in term of commodity worth.

[1715113752]

1715113752

[1715113752]

1715113752

[1715113752]

1715113752

[RealSohan]

Bitcoin will improve day by day. Now the world's developed countries depend on Bitcoin.

[Lauda]

Do I need to say more?

Welcome to reality and stop shilling some centralized shitcoins.

[secretservice]

If Bitcoin fails, the whole crypto fails. Look at all these cryptos, there's nothing decentralized over there.

[kevinn669]

I do not believe that bitcoin will perish. It invested a lot of money. That is why the problem of transactions should be solved in the near future. Or bitcoin will cease to be a means of payment and will become an investment

[deisik]

Also there is difference when we say price and when we say value. Prices are in term of currency worth whereas value is in term of commodity worth

This is a very tricky and slippery path

So you should be cautious taking it since you may arrive at conclusions which even angels fear to make. Moreover, you should fully understand the claims you assert. For example, how do you fancy Bitcoin value measured in terms of commodity worth? That's all Greek to me, so could you explain what you mean by that? I have my own understanding but you may mean something entirely different, so what's your idea or view of "commodity worth", in respect to Bitcoin specifically?

[avadhoot]

Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system.

[Franky00]

Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system.

Every day new users will come and buy coins from those who, because of panic, sell their coins and thus at bitcoin there will always be active deals.

[webtricks]

Also there is difference when we say price and when we say value. Prices are in term of currency worth whereas value is in term of commodity worth

This is a very tricky and slippery path

So you should be cautious taking it since you may arrive at conclusions which even angels fear to make. Moreover, you should fully understand the claims you assert. For example, how do you fancy Bitcoin value measured in terms of commodity worth? That's all Greek to me, so could you explain what you mean by that? I have my own understanding but you may mean something entirely different, so what's your idea or view of "commodity worth", in respect to Bitcoin specifically?

Obviously I mean in general, not specific to Bitcoin. He was referring bitcoin's value equivalent to bitcoin's price, which in not correct!
In general, value of anything refers to its worth caused by features, specification or more belonging to that particular anything. Whereas price arises out or trading of that anything  which has nothing to do with its value directly.

[deisik]

Also there is difference when we say price and when we say value. Prices are in term of currency worth whereas value is in term of commodity worth

This is a very tricky and slippery path

So you should be cautious taking it since you may arrive at conclusions which even angels fear to make. Moreover, you should fully understand the claims you assert. For example, how do you fancy Bitcoin value measured in terms of commodity worth? That's all Greek to me, so could you explain what you mean by that? I have my own understanding but you may mean something entirely different, so what's your idea or view of "commodity worth", in respect to Bitcoin specifically?

Obviously I mean in general, not specific to Bitcoin. He was referring bitcoin's value equivalent to bitcoin's price, which in not correct!

Why is that not correct and how is Bitcoin different?

If there is a free market with enough participants which provide enough liquidity to properly balance supply and demand (i.e. enough to correctly establish the price of a good), then this price should necessarily reflect a true value of that good. And this is even more applicable to Bitcoin (which you somehow seem to exclude from consideration now). Apart from that, I don't understand what you mean by "value of anything refers to its worth caused by features, specification or more belonging to that particular anything". Basically, you just say that the value of something is what something is worth. As to me, this is an obvious case of tautology, like "something is valued because it is valued". And what is that "commodity worth" (as you call it)?

[arimamib]

The best choice for now is bitcoin users will move all their BTCs to the so-called "altcoins".

[emezh10]

Ah good you can add your list to this list that says Bitcoin has died 129 times:

https://99bitcoins.com/bitcoinobituaries/

Enough with the doomsday nonsense. Mining pools will cave, BU will become irrelevant, segwit will be activated and everything will move forwards. All the alleged stunts with BU are simple temporary power plays. Don't let the noise of a handful of users make you think otherwise.

Yeah almost impossible that is could happened bitcoin have a lot of opportunities and have a lot of users it is almost a industry in the world so it can die just easily and become a dump coin in the market also it is the most successful of all of the cryptocurrency in the market.

[Cherylstar86]

The best choice for now is bitcoin users will move all their BTCs to the so-called "altcoins".

No that's not the right thing to do because, bitcoin will never die soon. In fact more are investing now even those wealthy people has invested their money. There is no reason bitcoin will die, and if ever there's a possibility to happen many businesses will be affect; those connected technology of blockchain network. More coins now were more dependent in bitcoin and if there is btc death well that's the end of the digital currency world.

[tigershark]

I picked the third option because it seems that most people trade and hold bitcoins and don't actually use them for purchases.

[Collider]

The best choice for now is bitcoin users will move all their BTCs to the so-called "altcoins".

No that's not the right thing to do because, bitcoin will never die soon. In fact more are investing now even those wealthy people has invested their money.

Bitcoin will definitely not die in near future but people who wants to make quick profits will surely divert their some funds in altcoins as making profits from bitcoin can take longer but altcoin market is full of pumps and dumps so in that case people will switch to altcoins for a while to grab big profits in quick time.

[the rise]

The best choice for now is bitcoin users will move all their BTCs to the so-called "altcoins".

No that's not the right thing to do because, bitcoin will never die soon. In fact more are investing now even those wealthy people has invested their money.

Bitcoin will definitely not die in near future but people who wants to make quick profits will surely divert their some funds in altcoins as making profits from bitcoin can take longer but altcoin market is full of pumps and dumps so in that case people will switch to altcoins for a while to grab big profits in quick time.

No need to rush to conclude this, if bitcoin have problems of course we already know the info that causes price to be chaotic.
Altcoin is indeed a major alternative to business diversion, but bitcoin persists because of the high level of trust from users around the world.

[zeze18]

Currently there is no accurate info about future of bitcoin, and it seems that bitcoin will not die in the near future as bitcoin prices continue to rise, as well as entry of investors from various circles and bitcoin users growing in different countries makes bitcoin stronger As the best digital currency for now.

[markjamrobin]

Currently there is no accurate info about future of bitcoin, and it seems that bitcoin will not die in the near future as bitcoin prices continue to rise, as well as entry of investors from various circles and bitcoin users growing in different countries makes bitcoin stronger As the best digital currency for now.

Based on what is going on, we can make bicoin predictions, and certainly, bitcoin will not die, there are too many advantages for it at the present time. Bitcoin is being accepted by many governments, this makes it the most legitimate penny. In addition, 2mb segwit is being accepted, it will solve many other problems. A beautiful future for bitcoin.

[The_prodigy]

I think continuous increasing of value is not good in bitcoin because if will increase value in the highest level no one like to buy for it all users even investor only want is do work to earn bitcoin and not to buy then the demand will slow down together with the value of it.

no, you mis understand it, when bitcoin is up, when it increases its value, many people will be happy why? for example when they join a signature campaign here and bitcoin will directly paid to their account when the signature will end, they will earn more now because the bitcoin is up now so that their payment will increase too, bitcoin will never die, it has a strong market value.

[Happydd]

It is crazy to say that bitcoin will die, that will never happen. The bitcoin has grown and is continuing to grow, becoming stronger than any other currency, and even surpassing gold and becoming the most horrible economic currency in the world.