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Author Topic: Will Bitcoin die soon?  (Read 42062 times)
smartbitcoininvestor
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June 08, 2017, 02:22:55 AM
 #221

Better question.....what if Bitcoin never dies?  Shocked

What would that do to the price...

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June 08, 2017, 02:24:47 AM
 #222

Better question.....what if Bitcoin never dies?  Shocked

What would that do to the price...

Well its entirely possible for bitcoin to become a niche currency used only in few transactions in which case it could give a price of $10 or less. Following historic trends however if it never dies its because more and more people are using it so prices in excess of $10000 or even $100000 aren't even a dream anymore.
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June 08, 2017, 02:27:21 AM
 #223

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
No one knows when it will die but in my prediction, it will take hundreds of years as we can see that miners are expanding their hardware which would make transactions faster and less expensive. Another reason is that, huge companies and countries are now engaging with crypto currency which would cause bitcoin to strengthen its foundation.

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June 08, 2017, 02:47:58 AM
 #224

As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.
yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .

Seriously guys? you are still doubting bitcoin right now, lol. If others are already believed on it even on the first time bitcoin was released on the crypto world, then we have to believe on it more right now, because as we can see, as days passed by, bitcoin's population is keep on increasing and its demand is increasing also causing the price to travel to the moon.

So, what is the point of asking this too obvious question even if we already know that bitcoin won't die that easily right now. Its solidity will not be ruined just like that.


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June 08, 2017, 02:56:29 AM
 #225

As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.
yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .

Seriously guys? you are still doubting bitcoin right now, lol. If others are already believed on it even on the first time bitcoin was released on the crypto world, then we have to believe on it more right now, because as we can see, as days passed by, bitcoin's population is keep on increasing and its demand is increasing also causing the price to travel to the moon.

So, what is the point of asking this too obvious question even if we already know that bitcoin won't die that easily right now. Its solidity will not be ruined just like that.

There is no reason not to believe when we see prices very high already bitcoin even almost touching $3000, that means those people already have a high trust to buy or invest in bitcoin. even, some country currently already legalize bitcoin.

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June 08, 2017, 03:00:09 AM
 #226

If the current situation persists for too long, then I believe yes... Bitcoin will be damaged, and the small Bitcoin holders will get out of the boat first, not before paying a premium for their transaction fee to fiat, of course.

Bitcoin will get damage only, but it doesn't mean it will gonna die soon. It will only be wounded but not long life even there is a few bitcoin holders will get out of the boat, there will be still upcoming new people in bitcoin community. So bitcoin will gonna die soon Cheesy

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June 08, 2017, 03:06:22 AM
 #227

If you use blockchain, your transaction may take more times than previous record. I have got confirmed my unconfirmed transaction after 8 days. I don't think Bitcoin will not die soon.

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June 08, 2017, 03:09:07 AM
 #228

As long as the world is not doomed, bitcoin will never die, we can see the development of bitcoin from year to year is increasing from different point of view. This can be a reference and the fact that bitcoin will never die
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June 08, 2017, 03:12:47 AM
 #229

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
you should use the default transaction fee or commonly recommended. already some people have similar problems with op because it's bitcoin is having difficult things about the transaction. but to think bitcoin will die not in my brain for now bitcoin still has many users and the price is high.

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June 08, 2017, 10:23:29 AM
 #230

I am going on 8 days now. Welcome to the club.
The maximum that I have faced up was 4 days. I have two wallets and on Blockchain transactions are still slow, but on other, Hashnest, everything provided very fast, just couple of minutes.

   
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June 08, 2017, 10:54:48 AM
 #231

Bitcoin will die sooner or later, but it's still too early to talk about it. He has good prospects for development, just need to perfect the transaction system.

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June 08, 2017, 10:58:36 AM
 #232

If you use blockchain, your transaction may take more times than previous record. I have got confirmed my unconfirmed transaction after 8 days. I don't think Bitcoin will not die soon.

The high transaction fee is really a problem right now. But bitcoin will not die and look at the price, it is going high then how will it die? You have have to adjust the transaction fee so that it will not be stuck in the mempool. It depends on what wallet you are using, I used Electrum so I just adjusted the dynamics fees before sending any transactions.

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June 08, 2017, 07:13:52 PM
 #233


As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.

yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .

yes you are right bitcoin will not die in the future because the bitcoin users are increasing at a rapid rate and also the investors are increasing and the most important thing is that bitcoin is accepted by the few countries and i am sure gradually many countries in the future will also accept bitcoin when they know the benefits of bitcoin.

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June 08, 2017, 07:39:47 PM
 #234


As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.

yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .

yes you are right bitcoin will not die in the future because the bitcoin users are increasing at a rapid rate and also the investors are increasing and the most important thing is that bitcoin is accepted by the few countries and i am sure gradually many countries in the future will also accept bitcoin when they know the benefits of bitcoin.

Japan already legalized bitcoin and I guess in the near future, more countries will follow Japan and that's why, in my prediction, bitcoin will stay longer.

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HashieNewb
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June 09, 2017, 12:51:47 AM
 #235

Better question.....what if Bitcoin never dies?  Shocked

What would that do to the price...
If Bitcoin never dies then the price of Bitcoin will just go up while people rely on the price of Bitcoin to give them some sort of dividend sort of like stocks that will allow people to purchase things while spending only a small portion of Bitcoin per week/month.

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June 09, 2017, 01:21:23 AM
 #236

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Is your bitcoin already confirmed as of today? May I know what happened next because I am also worried. I never experience that I got lost my bitcoin, but what bitcoin wallet do you use? I don't that bitcoin will die soon because I love bitcoin and this is also my extra income.



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.BITVEST DICE.
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June 09, 2017, 02:59:58 AM
 #237

I hope the bad deals will get better and will recover and can be used comfortably.
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June 09, 2017, 03:33:56 AM
 #238

I may be one of those people in the forum that comes out and fights the people who're saying that Bitcoin is going to do a moonshot, takeover the banks, and so on and so forth with that narrative. But never do I think Bitcoin is just going to simply die randomly, there's way too much money involved in trading, exchanges, mining, gambling, and so on and so forth for this entire currency and ECONOMY for that matter to just simply die out and sizzle away.
As long as the world is not doomed, bitcoin will never die, we can see the development of bitcoin from year to year is increasing from different point of view. This can be a reference and the fact that bitcoin will never die

Though I will follow along with this guy, in a doomsday nuclear war type of think Bitcoin isn't going to survive and that's pretty understandable as nothing would survived, TEEHEE. I do feel as if an internet shutdown was to occur on a national scale Bitcoin would take a shit in regard to it's price and reliability for obvious reasons.




BITVEST DICE
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June 09, 2017, 03:49:16 AM
 #239


As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.

yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .

yes you are right bitcoin will not die in the future because the bitcoin users are increasing at a rapid rate and also the investors are increasing and the most important thing is that bitcoin is accepted by the few countries and i am sure gradually many countries in the future will also accept bitcoin when they know the benefits of bitcoin.

Japan already legalized bitcoin and I guess in the near future, more countries will follow Japan and that's why, in my prediction, bitcoin will stay longer.
Indeed, because of what have done by Japan many countries will be interested to legalize also the bitcoin in their country. We know that that Japan is one of the most successful country in the world  so that when this country accept bitcoin...bitcoins price is became enormous and if all countries will do the same there's no reason for bitcoin to die.

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June 09, 2017, 03:54:22 AM
 #240

As long as the world is not doomed, bitcoin will never die, we can see the development of bitcoin from year to year is increasing from different point of view. This can be a reference and the fact that bitcoin will never die
I agree if people say that bitcoin will not die in the near term. Because currently bitcoin is developing and bitcoin progress is very good. Of course bitcoin will not die anytime soon. But I do not agree if people say bitcoin will never die

   
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