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Question: Which scenario do you prefer and predict?
Bitcoin developers will solve these scaling problems and Bitcoin returns to be the cheap and fast payment system it was some years ago - 39 (47%)
Bitcoin users will move all their BTCs to the so-called "altcoins". - 16 (19.3%)
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. - 24 (28.9%)
People will get tired of cryptocoins and move back to the ol' banking system. - 4 (4.8%)
Total Voters: 83

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Author Topic: Bitcoin is gonna die soon!  (Read 8190 times)
Chachacoin17
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June 18, 2017, 12:16:54 PM
 #181

The idea of some speculations regarding bitcoin is gonna die soon is not and interesting things to know, because if we gonna believe in that possibility I think we are not here having our opinions in the forum. Rumors will always be rumors and exactly it poisons the minds of those people who doesn't have strong fate with bitcoin, and worst is it creates an idea of panic decisions which made investors decide panic sell and it really affects bitcoin economy.
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mantra
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June 18, 2017, 12:25:19 PM
 #182

Come on, this issue has been around since bitcoin first there, will not sell, dying and then die. It may happen, if God wills, anything can happen. But there is no certainty or big issues that can be trusted to make bitcoin die
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June 18, 2017, 04:05:59 PM
 #183

No. That is very impossible that the bitcoin will die. It will never die and many people know it. Because bitcoin now is more popular than before and it also gaining more power. I promise that the bitcoin will not die.

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.

Change that to not in our lifetime.
There is no never for anything in this world.

Existence is truth, I regard BTC as a financial test products
maybe it will failed ,maybe it's more expensive than gold

You probably failed the English exam.
Bitcoin is a currency , bitcoin is not more expensive than gold.1 btc is worth more than 1gr of gold but wayless than a kg.

Just like the dollar is not more expensive than oil or hazelnuts.

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Lannie25
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October 22, 2017, 04:06:20 PM
 #184

As per my own opinion bitcoin industry wont die, because it is already exists and also as gime goes by it is getting stronger because of the people who sre already hooked up to this kind of essy money.
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October 23, 2017, 02:24:37 AM
 #185

Bitcoin will die if they don't develop their system. Bitcoin payment system and other side of bitcoin system is so bad. If there someone make a new crypto currency then it should die soon. Bitcoin developer must need to work for those problem otherwise their popularity will be destroyed in few days.
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October 23, 2017, 02:29:08 AM
 #186

I heard that Bitcoin will die soon from the beginning, yet the Bitcoin grows stronger ever. There are always people who are skeptical. For me, Bitcoin will not die, it survived the moment where it worth 1 cent and everyone thought it was dead, lol.
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October 23, 2017, 02:30:51 AM
 #187

NO,NO,NO!This has been discussed many times before, just search for them and you will see lots of reply on this.
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October 23, 2017, 02:36:07 AM
 #188

I heard that Bitcoin will die soon from the beginning, yet the Bitcoin grows stronger ever. There are always people who are skeptical. For me, Bitcoin will not die, it survived the moment where it worth 1 cent and everyone thought it was dead, lol.
This has been a statement that got into existence years back. Whenever a crash gets started, automatically the panic gets circulated around and the same might cause a downfall in value to certain extent. This won't let bitcoin die, but it gains the resistance to overcome issues. In a similar manner it keeps on growing and there is no need of thinking about death of bitcoin.

Yaunfitda
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October 23, 2017, 02:38:58 AM
 #189

I heard that Bitcoin will die soon from the beginning, yet the Bitcoin grows stronger ever. There are always people who are skeptical. For me, Bitcoin will not die, it survived the moment where it worth 1 cent and everyone thought it was dead, lol.
This has been a statement that got into existence years back. Whenever a crash gets started, automatically the panic gets circulated around and the same might cause a downfall in value to certain extent. This won't let bitcoin die, but it gains the resistance to overcome issues. In a similar manner it keeps on growing and there is no need of thinking about death of bitcoin.

There are really a lot of people here that has created fud saying that bitcoin will die soon. But I haven't see it happening up until know. That's why I learn to ignored such kind of fud's specially when bitcoin it going up and breaking ATH. They have their own intentions to create this fud but I don't think they are gaining good grounds because bitcoin is here to stay.

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moanamakeway
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October 25, 2017, 10:01:55 AM
 #190

Bitcoin is gonna die soon because of too high fees and too slow transactions. It is becoming a very bad quality payment system, with no relevant pros in using it.


Now I see 4 different scenarios that could happen in the next months:

  • Bitcoin developers will solve these scaling problems and Bitcoin returns to be the cheap and fast payment system it was some years ago.
  • Bitcoin users will move all their BTCs to the so-called "altcoins". Most of these altcoins are already far better than BTC, regarding technical specs, confirmation time, privacy, etc. Dash, Monero, DOGE, LTC, etc. all of them are better than Bitcoin.
  • 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. (Note that Satoshi thought of Bitcoin mainly as an innovative payment system)
  • People will get tired of cryptocoins and move back to the ol' banking system.


Which one do you prefer and which one do you predict?
Your predictions are too good and very vivid! For me, I think it will be impossible that bitcoin will be dissolved within the next few months because bktcoin is just strating to gain momentum when it comes to popularity.
With regards to fees of services, developers and or miners have the right yo increse or decrease fees. It also depends on the number of users. There is an increase in demands for transactions that is why fees also increase. I think thre must be a way to lower down costs too!
On the other hand and which I am sure of, there will be an altcoin which will outstage bitcoin in the coming months or years.
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October 25, 2017, 10:18:48 AM
 #191

As per my own opinion bitcoin industry wont die, because it is already exists and also as gime goes by it is getting stronger because of the people who sre already hooked up to this kind of essy money.

Bitcoin is becoming very stronger in terms of value, if government wants to ban Bitcoin it will before only. There are many countries accepting Bitcoin as payment method due to because the understand the growth in Bitcoin.
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October 25, 2017, 10:29:56 AM
 #192

Unfortunately bitcoin wont die simply because of the huge demand and it will gain more popularity that it might replace all other currencies because of its convinience and aunonimity.

I help small and medium business owners increase brand awareness by creating engaging content, customer support, managing email marketing, and implementing automation.
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October 25, 2017, 10:56:18 AM
 #193

It is impossible that bitcoin will die soon, you know why? Because it is now accepted in the economy, and many companies, large groups, rich people and the countries themselves proves that bitcoin is very essential and very useful, even though many countries wanted it to banned, there will be a new recruited country. Thats why it wont die.
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October 25, 2017, 10:59:21 AM
 #194

Bitcoin dies every day if we belive everything we read. Come on guys , it's all about the blockchain technology , bitcoin can't die and that it is.
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