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Author Topic: Will Bitcoin die soon?  (Read 43028 times)
machinek20
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July 07, 2017, 12:01:54 PM
 #401

It is suck that bicoin transaction fee is very high and slow to confirm, but there are still so many people using bitcoin, so it is still far away from die and you can see the price still stable, and more country is accepting bitcoin

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July 07, 2017, 12:21:25 PM
 #402

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
So according to my knowledge and market signs, I don't think Bitcoin is going to die soon, at least it will survive in next 5 - 10 years untill people can find a way out to replace Bitcoin with some else coins.

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July 11, 2017, 05:42:57 AM
 #403

Chances of bitcoin to die, is very much low though the possibilities are there. As of today, If you look at it many people are now engaging themselves in this market and a lot of them also are investing. Which is favorable in the industry. Also, The way that Bitcoin penetrate the market today is very much aggressive and the fact that some countries do already recognize BTC as form payment gives a huge impact in the industry. Furthermore, the thought of bitcoin to die soon is still a blur and most likely it would never happen.

AiWanChu
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July 11, 2017, 05:50:05 AM
 #404

bitcoin wont die bro, relax.. everything goes to a segwit phase sooner or later
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July 11, 2017, 05:58:18 AM
 #405

Who said that bitcoin will die soon. Really, they don't know the power of technology and its influence in the market. The usage of the bitcoin and its share percentage is rapidly increasing in all markets. Think big and think postive, bitcoin will have great demand.
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July 11, 2017, 06:02:00 AM
 #406

I really feel that the transaction fees have to lower soon.

But it does seem like it's hurting BTC hard though.

Thats possible. Lower  fees will translate to lower bitcoin price in my opinion. Its reasonable anyway but I hope it will maintain its price. But this segwit 2x implementation

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July 11, 2017, 06:05:25 AM
 #407

Bitcoin die soon?
maybe yes, maybe not. Because before we say bitcoin will die soon or vice versa, we have to go through the ins and outs of bitcoin.
But in my personal opinion bitcoin will continue to exist and increasingly rare. And the scarcity makes it better than ever.
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July 11, 2017, 06:29:08 AM
 #408

It is suck that bicoin transaction fee is very high and slow to confirm, but there are still so many people using bitcoin, so it is still far away from die and you can see the price still stable, and more country is accepting bitcoin

Yes even it have high fees and slow transaction we're still using bitcoin for transacting, maybe we don't have a choice but to still use this. Over time more and more people and many countries will adopt bitcoin and even it have mainstreams we still use and love this.

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July 11, 2017, 07:57:22 AM
 #409

No. Bitcoin will continue in the future as it’s have only advantages. Relax your mind and be confident on the crypto currency. Bitcoin influence is high in the present market, still why people think like.
jc89
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July 11, 2017, 08:29:05 AM
 #410

There may be some issues occurring right now regarding bitcoin transactions but no, bitcoin will not die any sooner. Traditional currencies experienced depletion due to economic crisis but they never died. Same goes with bitcoin. It may be having issues but not on a major level. Instead, it will thrive more. We're only at the beginning of its success and I don't know where this kind of question came from. Of course all good things come to an end but definitely not bitcoin. It just started making waves. Bitcoin still have a lot of countries and people to convince.

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July 11, 2017, 08:48:46 AM
 #411

Since the value of bitcoin is getting higher and higher many are working to formulate their tools to hacked bitcoin from other wallets, well I'm not surprised if many are encountering problem on bitcoin transaction nowadays but to bitcoin to die soon I think that wouldn't happen since many are now getting interested on it and starting to learn about bitcoin.

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July 11, 2017, 10:13:56 AM
 #412

you should try your transaction with increasing the fees., and no bitcoins is not going to die anytime soon.,
you will see in near future , its value going to be more than 10k per bitcoin and transactions are going to be quicker.


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July 11, 2017, 10:22:31 AM
 #413

Haha, well, I am pretty sure Bitcoin will not die, especially not soon.
Regarding the slow transaction confirmation-problem and high fees.... I just sent two tx yesterday with very low fee (9000 sats and 19000 sats). Both got their first confirmation within 10 minutes and went through super fast without hussle.

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July 11, 2017, 10:27:39 AM
 #414

Haha, well, I am pretty sure Bitcoin will not day, especially not soon.
Regarding the slow transaction confirmation-problem and high fees.... I just sent two tx yesterday with very low fee (9000 sats and 19000 sats). Both got their first confirmation within 10 minutes and went through super fast without hussle.
It would really confirm fast seeing on the network its really calm and there are only small pending transaction which we can really able to say that it would confirm fast even we do set lower fees and it feels like we do back in the old days of bitcoin on where transaction were fast. Bitcoin doesnt really need to change about scale. Its just really fine for me but im still open on some changes if it would happen on this upcoming aug 1.
Bitcoins price might decrease but it wont die as long there are still users who are on it.
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July 11, 2017, 10:31:07 AM
 #415

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
...and now we see that this was all spam. That's why you don't panic.
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July 11, 2017, 10:36:22 AM
 #416

Soon, I can imagine a system where the big 4 major coins would have a network to trade with each other instantly, with low fees and less security.
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July 11, 2017, 10:39:04 AM
 #417

Haha, well, I am pretty sure Bitcoin will not die, especially not soon.
Regarding the slow transaction confirmation-problem and high fees.... I just sent two tx yesterday with very low fee (9000 sats and 19000 sats). Both got their first confirmation within 10 minutes and went through super fast without hussle.

Of course it wont. Bitcoin have gone this far already and its not easy to say that it is gone soon. The possibility is next to nothing, whats happening now is normal in trading. Bear with it.

Bitcoinislife09
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July 11, 2017, 10:46:23 AM
 #418

In the status of bitcoin today,I think it will not happen,because to many users and bitcoiners are depending money income to bitcoin.And also many countries are legalizing bitcoin because it is a big help to their social life and also banks are accepting bitcoins.

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n0ne
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July 11, 2017, 10:48:39 AM
 #419

Haha, well, I am pretty sure Bitcoin will not die, especially not soon.
Regarding the slow transaction confirmation-problem and high fees.... I just sent two tx yesterday with very low fee (9000 sats and 19000 sats). Both got their first confirmation within 10 minutes and went through super fast without hussle.

Of course it wont. Bitcoin have gone this far already and its not easy to say that it is gone soon. The possibility is next to nothing, whats happening now is normal in trading. Bear with it.
This seems quite normal, because in the past to similarly once after price increase it moves downwards. Here too the same is happening, but the price drop is happening in a large scale. Hope by the upcoming month on segwit the price pumping might go much higher.


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July 11, 2017, 10:51:01 AM
 #420

Bitcoin die soon?
maybe yes, maybe not. Because before we say bitcoin will die soon or vice versa, we have to go through the ins and outs of bitcoin.
But in my personal opinion bitcoin will continue to exist and increasingly rare. And the scarcity makes it better than ever.

Yes, I also have the same opinion with you. I think Bitcoin can not die soon, although that may happen but the rate is very low. Bitcoin will continue to grow in the future. Fees and transaction speed are issues that need to be addressed, but not for that reason Bitcoin can die soon, it still exist

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