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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)
xIIImaL
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May 14, 2017, 02:23:00 PM
 #61

Bitcoin is not cash it Gold.
It is a dream

A dream full of hope

And worth a lot of money

Bitcoin is much more worth than Gold and even cash.  Seeing the current price of it you can easily say that bitcoin is a precious item. It has now more worth than Gold and it is a most expensive currency,.  Those who have already saved bitcoins are now dreaming high to be rich if the price keeps on moving with the same pace.

Bitcoin is worthier than anything because of it's price range and demand on bitcoin.I don't know why government does not makes the bitcoin as legal in all the countries apart from Japan.still many adoptionhad increase towards bitcoin.
One bitcoin was compare with one ounce of gold in Last February but now it's most costlier than that.
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May 14, 2017, 02:26:29 PM
 #62

Bitcoin is not cash it Gold.
It is a dream

A dream full of hope

And worth a lot of money

Bitcoin is much more worth than Gold and even cash.  Seeing the current price of it you can easily say that bitcoin is a precious item. It has now more worth than Gold and it is a most expensive currency,.  Those who have already saved bitcoins are now dreaming high to be rich if the price keeps on moving with the same pace.

Bitcoin is worthier than anything because of it's price range and demand on bitcoin.I don't know why government does not makes the bitcoin as legal in all the countries apart from Japan.still many adoptionhad increase towards bitcoin.
One bitcoin was compare with one ounce of gold in Last February but now it's most costlier than that.

Why do you compare bitcoin with an ounce of gold?
Not with a kilogram for example?

Those comparisons are plain stupid. It makes no sense comparing a barrel of oil with two cows and saying that milk is more expensive than gasoline.

.
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thesavoyard
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May 14, 2017, 02:29:05 PM
 #63

 The main differences between bitcoin and gold. Gold can be spent and is accepted everywhere and it will also be around in 10 years.

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May 14, 2017, 02:31:21 PM
 #64

i never get a problem with payment, if must wait the i will wait my transaction. why you not leave bitcoin instead of make nonsense post like this ?

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May 14, 2017, 02:33:44 PM
 #65

i never get a problem with payment, if must wait the i will wait my transaction. why you not leave bitcoin instead of make nonsense post like this ?

If BTC fails and crashes it affects us all. It will slow down adoption. So the blind loyalty of this community hurts us all.

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May 14, 2017, 02:35:33 PM
 #66

People will move to LTC in order to make fast, instant, cheap transactions. BTC will remain the number #1 coin but LTC will easily go to $200 ish as more and more people catch up with the fact that right now LTC is the best coin to make transactions with.

BTC can profit from cross chain atomic thing in order to make fast cheap transactions thanks to LTC + segwit + LN.
Boseda (OP)
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May 14, 2017, 03:08:41 PM
 #67

I don't know when these people are going to stop saying that "bitcoin is dead", "bitcoin is gonna die soon", "good bye bitcoin". These people are trying hard to spread misinformation so that they will have chance to buy more at lower price, this is just a scaring tactics so be careful and always remember bitcoin will never die.

Well' that's absolutely not my case, man.

I am not a speculator and I still want Bitcoin to be the best online payment service, a real digital cash. I never bought Bitcoin and never will. I earned all the Bitcoins I have.

Maybe I didn't explain well. In my OP I meant that unfortunately Bitcoin is not a good payment service anymore and that's a fact. Its problems are very easy to see.
But if you consider it a digital asset, well it's still alive and kicking. The price may come up and reach even 5000 $ in the next few months.

But when I say "Bitcoin is gonna die soon" I mean as a payment service. It's useless.
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May 14, 2017, 03:49:38 PM
 #68

Bitcoin is the most successful cryptocurrency so it cannot die easily in just a split time that can happened but doesn't mean it will gonna happened we can see the bitcoin price go down a lot but I guess it is just the circulation in the market and will go up again these coming weeks.
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May 14, 2017, 03:56:35 PM
 #69

It's not going to die.  It's here to stay.  That being said, I think BTC is just going to end up as the gold standard by which values of other coins are determined/exchanged.  It'll remain as the intermediary that can be settled for fiat, but not for everyday use.  Lots of coins out there with lots of purposes.  There's room for all to survive and thrive.
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May 14, 2017, 03:58:27 PM
 #70

No I dont think bitcoin is going to die anytime soon.
bitcoin is controlled by all the users using this currency its impossible to stop.
Peer to Peer said it all.

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May 14, 2017, 04:07:54 PM
 #71

People will get tired of cryptocoins and move back to the ol' banking system.

What exactly are you doing here ?

You are like, woha, i discovered steel but nah lets use bronze.

No I dont think bitcoin is going to die anytime soon.
bitcoin is controlled by all the users using this currency its impossible to stop.
Peer to Peer said it all.

I really like that

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May 14, 2017, 04:22:32 PM
 #72

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?

i am choose this :

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)

because i see that the opportunity for bitcoin is wide open and bitcoin can attract more user to join. i think if people can buy bitcoin and they are holding their bitcoin, i am sure that in the end, that person can make big profit just to hold bitcoin. but if we wants more profit then we can wait for a while until we see the price is getting up again.

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May 14, 2017, 04:26:34 PM
 #73

It's likely that use cases will differ if the price keeps rising. Paradoxically, a higher price makes use of Bitcoin less convenient as the also correlated use rise makes the value of fees rise up by a great margin. Still though, there are going to be use cases for Bitcoin as long as there is demand.

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May 14, 2017, 04:29:20 PM
 #74

People will move to LTC in order to make fast, instant, cheap transactions. BTC will remain the number #1 coin but LTC will easily go to $200 ish as more and more people catch up with the fact that right now LTC is the best coin to make transactions with.

BTC can profit from cross chain atomic thing in order to make fast cheap transactions thanks to LTC + segwit + LN.

litecoin have no business that make it usable, why they should need lower fee to move their big ass pack of litecoin to dump on exchange lol? low fee are suited for low purchase, but litecoin is not usable, which mean that nobody will move to litecoin from bitcoin, bitcoin will remain the king

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May 14, 2017, 04:30:55 PM
 #75

I don't see any valid reason for bitcoin to die. This is a technology innovation which has paved path for a big success in various services. Bitcoin being the most popular success through the same technology. The technology is advancing higher than going down, which assures that bitcoin lives long.
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May 14, 2017, 04:36:38 PM
 #76

Bitcoin can die and yet it can also resurrect itself in a matter of just seconds...and I am adding my post here of the many who predicted of the demise of Bitcoin and witnessed how Bitcoin is able to make a comeback anytime. Without Bitcoin, there would be no altcoins and I think we should remember that. Bitcoin opened up the way for all to follow. Soon the Bitcoin stakeholders can find a way to solve the current problems besetting Bitcoin.
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May 14, 2017, 05:31:52 PM
 #77

Bitcoin is not cash it Gold.
It is a dream

A dream full of hope

And worth a lot of money

Bitcoin is much more worth than Gold cash and even cash gold.  Seeing the current price of it you can easily say that bitcoin is a precious item. It has now more worth than Gold and it is a most expensive currency,.  Those who have already saved bitcoins are now dreaming high to be rich if the price keeps on moving with the same pace.
Let me correct that for you. Fiat money is done. It's easy to counterfeit and inflated beyond hope. Gold is worth much more than fiat already, because if it gets stolen from you it's going to be much harder to sell than cash and easier to trace. Also gold gains value while cash loses it. Gold also doesn't depend on politics.
Bitcoin is even better, because it's harder to steal and easier to move around.
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May 14, 2017, 06:20:47 PM
 #78

I don't see any valid reason for bitcoin to die. This is a technology innovation which has paved path for a big success in various services. Bitcoin being the most popular success through the same technology. The technology is advancing higher than going down, which assures that bitcoin lives long.

I, too, do not see the cause of the death of bitcoin. On the contrary, he experiences active growth and development. And about it tells us the price, which is constantly growing. The popularity of bitcoin is very high

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May 14, 2017, 06:24:01 PM
 #79

i never get a problem with payment, if must wait the i will wait my transaction. why you not leave bitcoin instead of make nonsense post like this ?

If BTC fails and crashes it affects us all. It will slow down adoption. So the blind loyalty of this community hurts us all.
If BTC fails and crashes it will not just slow down adoption, it will essentially crash any trust that the average person has in cryptos and it will essentially scare a lot of people off for good. You'd be close to hitting the reset button on the community at that point and there would be a lot of rebuilding and restructuring to do for it to recover after an event like that.
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May 14, 2017, 06:32:42 PM
 #80

Bitcoin has several major crashes. It always returns stronger. Always. The loner you are in crypto the more you will see this is true. Bitcoin will never die. Maybe one day far in the future it may becomes marginalized but it will never die.
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