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Author Topic: Will Bitcoin die soon?  (Read 42281 times)
emezh10
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May 24, 2017, 02:41:21 PM
 #101

I am going on 8 days now. Welcome to the club.
Same on me almost 7 days of confirmation i guess blockchain is overwhelming in many bitcoin user and over use when it come in transactions so many transaction done in the blockchain that it been stranded in the blockchain but i guess some wallet have a fast transaction but just in my experience.


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May 24, 2017, 02:52:15 PM
 #102

This is ridiculous, not because the bitcoin that you have sent is not confirmed yet, means that bitcoin will die. It is just a matter of waiting, maybe it is just because it git stock in the blockchain or whatsoever possible situation could happen. And if this transaction of yours will last for about a week, then you must contact their support and ask for help regarding about this problem.

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May 24, 2017, 02:57:15 PM
 #103

May be with the current price movement people thinking and confused Hold or sell and thus the Backlog , but it will not definitely make BTC Dead . This waiting sucks true , but i am sure this will be fixed soon or may be Crash coming soon .  Cool

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May 24, 2017, 02:58:31 PM
 #104

It is a natural thing nowadays. This could be worrying because with the delay of sending can make user leave bitcoin. But this is still beyond expectations, because currently bitcoin users still feel comfortable. They get a lot of benefits compared to just a little trouble right now.


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May 24, 2017, 03:44:31 PM
 #105

I don't agree with you about the future of bitcoin that this happen certainly however there is growing concern about damaging of bitcoin in future.

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May 24, 2017, 04:56:46 PM
 #106

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

this surely sucks, and nobody apart from miners are happy about it. but there is no reason for your title! bitcoin won't die just because for the time being there is a big backlog which is causing the fees to rise up a lot.
I don't believe that bitcoin will die soon or anytime. It is just being acknowledge by many people nowadays, many people are really into it and im sure it will not die because of log problems. The people behind this will find a way how to deal with bitcoin and someday ot will be used by public and transactions will boom



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May 24, 2017, 05:02:54 PM
 #107

I dont think that bitcoin will die soon. As the price is currently increasing and many investors attract to use bitcoin. Because of its popularity it will never die.


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May 24, 2017, 07:07:06 PM
 #108


I dont think that bitcoin will die soon. As the price is currently increasing and many investors attract to use bitcoin. Because of its popularity it will never die.

yes you are right that bitcoin will not die soon because the popularity of bitcoin is very high, the number of investors are increasing very rapidly and due to which the price of bitcoin is very high and it does not seems that bitcoin will die soon, the end of bitcoin is possible only when the price of bitcoin come down to zero which is impossible.

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May 24, 2017, 07:21:28 PM
 #109

I don't think bitcoin will die, specially soon. Many people are keep on opening into acceptance using bitcoin. bitcoin still have a long way ahead.



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May 24, 2017, 08:04:23 PM
 #110


I don't think bitcoin will die, specially soon. Many people are keep on opening into acceptance using bitcoin. bitcoin still have a long way ahead.

yes you are right more and more people are getting into use of bitcoin and now many companies started to accept bitcoin and also many companies are paying their salary in bitcoin, the investors are also attracted to bitcoin and i think the good time of bitcoin has started now due to its price, so how it will die "soon".



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May 24, 2017, 08:12:17 PM
 #111

I dont think that bitcoin will die soon. As the price is currently increasing and many investors attract to use bitcoin. Because of its popularity it will never die.
yeah bitcoin will never die because bitcoin increasing its price too much faster day by day and a lot of people investing their money in bitcoin and then hold their bitcoin for the future.

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May 25, 2017, 05:18:02 AM
 #112

I think the OP should have chosen another word apart from "die" as Bitcoin will not die in my opinion but it might suffer defamation and credibility issues if these challenges are not addressed in time.



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May 25, 2017, 05:23:49 AM
 #113

I dont think that bitcoin will die soon. As the price is currently increasing and many investors attract to use bitcoin. Because of its popularity it will never die.
yeah bitcoin will never die because bitcoin increasing its price too much faster day by day and a lot of people investing their money in bitcoin and then hold their bitcoin for the future.

Bitcoin is getting stronger and stronger every year. you are right price is getting bigger day by day and a ton of people adopting bitcoin so as of now the health of bitcoin is nice so it aint dying soon. Well if 10 years from now we dont know if there is big problem in bitcoin then that is the time.


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May 25, 2017, 06:45:37 AM
 #114

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

Bitcoin will obviously die for the millionth time.

In reality these current problems are a necessary evil to force the bitcoin community to come to an agreement on how to scale the network for a much larger number of transactions. It obviously doesn't help you and the thousands of other people with these issues now but eventually these problems will be a thing of the past.
Yeah the transactions fees suck but die? I don’t think that is happening anytime soon. No Sir, I think it will continue to grow just like it has been doing this past month. There will eventually have to be a fix for this but in the mean time if you just store wealth and don’t move it around to much than you should really have that much of a problem I wouldn’t think. Just wait for it to all be fixed is my advice.

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May 25, 2017, 06:53:40 AM
 #115

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

Bitcoin will obviously die for the millionth time.

In reality these current problems are a necessary evil to force the bitcoin community to come to an agreement on how to scale the network for a much larger number of transactions. It obviously doesn't help you and the thousands of other people with these issues now but eventually these problems will be a thing of the past.
Yeah the transactions fees suck but die? I don’t think that is happening anytime soon. No Sir, I think it will continue to grow just like it has been doing this past month. There will eventually have to be a fix for this but in the mean time if you just store wealth and don’t move it around to much than you should really have that much of a problem I wouldn’t think. Just wait for it to all be fixed is my advice.

Yeah bitcoin has changed from its early days from being an actual currency to just being a store of wealth/investment. Its unfortunate but unless we get a solution soon that is the future of bitcoin, I don't think it will affect the price too much either.

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May 25, 2017, 07:00:58 AM
 #116

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
You're wrong, the bitcoin will not die. Even now, the bitcoin is now worth $2600 dollars and continuing to rise. There no way that the bitcoin will die.

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May 25, 2017, 12:37:35 PM
 #117

I never had a problem with Bitcoin transactions: No, it will not die soon!
I think there are many users who are having problems with transactions in bitcoin. But even though that's a pretty big deal. But it will not make the bitcoin die



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May 25, 2017, 12:50:13 PM
 #118

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
There is a little bit adjustment in ming as some of big miners decided to move their hardware into another place which has a colder temperature which is in Iceland. Part of it, mining can not support millions/thousands of transactions everyday as they have to solve it with time recomeneded. And unfortunately, HYIP contributes problem with blockchain transaction as they cause multiple transaction with different amount of btc. Sooner, miners would increase and transactions would be faster as what miners havr planned for it.

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May 25, 2017, 01:03:50 PM
 #119

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
The bitcoin is transaction now is being slow and it is fixing and updating by the developers right now. Bitcoin is the first of all cryptocurrencies and the developers have a lot of experience about fixing a problem, so I think it will survive because many people need it. If the bitcoin devs found a way to expand limit of bitcoin, it will continue functioning for a long time.

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May 25, 2017, 01:36:13 PM
 #120

The issues of unconfirmed transactions and fees have been disscused so many times on so many threads here. If your transactions are unconfirmed try to speed it up through viabtc.com and for the future choose wallet where you can control the fees.
But this is not the reason the Bitcoin will die, this issue can be solved.

Again, I am not saying it will die because of it. I was just saying that a common man like me who uses bitcoin, does not read forums and threads to be upto date with such services. It definitely hinders adoption specially if you are accepting bitcoin for direct purchases.
I never expect if bitcoin will die, because I was just saying that a regular like me who use the bitcoin every day and don't read the forums and threads must be up to date with that service, will definitely be a hindrance if receiving bitcoin directly

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