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Author Topic: Will Bitcoin die soon?  (Read 42081 times)
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July 14, 2017, 01:57:52 PM
 #461

Delays are bad, but hopefully that will get solved eventually. Nevertheless, if you see Bitcoin as a store of value and not as a fast coin, it is good even if transactions are delayed many hours. Gold is not that easy to move either.

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July 14, 2017, 02:02:17 PM
 #462

I don't think so, maybe there would be some delays but you should just be patient with it. Patience is a part of earning bitcoin, you should be aware that the transaction of it requires a lot of time.

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July 14, 2017, 02:08:40 PM
 #463

I don't think so because as what I see right now there is an increase of people who use bitcoin. And I think as technology is growing continuously so do bitcoin.
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July 14, 2017, 02:37:55 PM
 #464

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Those that say that their transactions took days to confirm probably sent a very low fee, even with a reasonable low fee your transaction could be confirmed in a matter of hours not days, so I think you probably sent your transaction when the network was very busy and sent a ridiculous fee if you sent a fee at all, next time take that into consideration before sending any transaction.

Sometimes it could not be certain to have faster transactions as you've been expecting as always like from previous days or whatsoever. All we should be doing is to wait and just be calm don't react so much in a worst speculations that will make you think of bad idea , which could let you talk foolishness. Eventhough thar happens in an unexpected disapointments, we should not think negative against bitcoin that it will die soon and with myself I don't think that eventhough I was been experiencing difficulties of my transactions.

Well, everyone has the right to do all the things they want. but it does all that it should be based on data or on the fact that there is, because something not based on data it will have some great harm if you do it in a way that carelessly. Bitcoin can provide all your wishes, but you could also give bitcoin bad things. It all depends on what you are doing. estimate without seeing the data it will not likely happen. so from now on think to stick could do that has advantages for you
 
 


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July 14, 2017, 03:29:40 PM
 #465

Bitcoin won't die, before this happen an improvement will be chosen to be implemented. The question is if it will have a hard fork or not. I personalyl don't like the idea, I think it's very bad for the Bitcoin unity that was built along the years, but the transaction fees can't continue increasing like now and the delay can't continue. All we can do is to wait and see what happens...
Actually, I think bitcoin will not die and I think it will success in the future. In addition to that, some country already legalized the bitcoin as money and I hope all country in the world will do that also. I think bitcoin will consider as our future money in the future and the price of bitcoin is still growing.

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July 14, 2017, 03:33:16 PM
 #466

It (Bitcoin) will not die soon because it will be forever live in the techno world, if it means it will die maybe someone or there are groups that needs to abolish it especially banks, government and etc. but Bitcoin is a futuristic figure in the technology world so it will not die soon, so lets always pray it will not and make it more abundant in the future comes.
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July 14, 2017, 03:39:46 PM
 #467

I don't think that, i haven't found any clue what is related to this matter. I strongly believe that Bitcoin is becoming a profitable and acceptable currency in developing countries, not only that but also developed countries are going to allow it as a legal currency, Japan already did it. Many private sectors are accepting Bitcoin as a payment tool so I totally disagree with you on this issue...
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July 14, 2017, 03:40:10 PM
 #468

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.
I think its not, it will still remain even the problem in the transaction fee was not yet solved. Maybe other cryptocurrency will replaced bitcoin but i don't believe that bitcoin would die. It have already than a big part here and its not that easy to disappear only because of its problem in the transaction fee. It will be solved soon just keep waiting and trust bitcoin.

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July 14, 2017, 03:40:52 PM
 #469

I doubt that, bitcoin is just on its baby phase. And even when things go wrong on August 1, people will be united and fix the mess. It's not that hard to do because we're just a small community. It's not like there's billions of bitcoin users. That's why it's good that scaling issues get fixed while we're still little in population. When mass adoption has happened, it will be harder to launch a patch or fix major and minor issues because a lot of people will be affected.

Bitcoin will not die soon because things are just starting out. Bitcoin is just starting to be known. I don't even think that we will live long enough to see bitcoin dying. Bitcoin will be strong and we're lucky to be the first ones here.
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July 14, 2017, 03:41:28 PM
 #470

I don't think so because as what I see right now there is an increase of people who use bitcoin. And I think as technology is growing continuously so do bitcoin.
Yes, bitcoins will not be died soon, if bitcoins will be died it has happened couples years ago, but bitcoins is still alive until right now, many people, corporations and government that adopted bitcoins and large of money been invested in bitcoins, i don't think they will burn the money in bitcoins. The growing of bitcoins is very good, bitcoins will be died is something impossible to happen especially when the bitcoins be popular right now.

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July 14, 2017, 03:50:11 PM
 #471

I don't think so because as what I see right now there is an increase of people who use bitcoin. And I think as technology is growing continuously so do bitcoin.
Yes, bitcoins will not be died soon, if bitcoins will be died it has happened couples years ago, but bitcoins is still alive until right now, many people, corporations and government that adopted bitcoins and large of money been invested in bitcoins, i don't think they will burn the money in bitcoins. The growing of bitcoins is very good, bitcoins will be died is something impossible to happen especially when the bitcoins be popular right now.
Bitcoin will not die in the upcoming months/years. As we can observed bitcoin has become popular nowadays. Its been growing daily in terms of its users. Yes it been adopted by many because of bitcoin advantages. However, bitcoin will not die any moment since still many users are into bitcoin.

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July 14, 2017, 03:52:55 PM
 #472

I think bitcoin is hard to die, bitcoin is still too strong, so I'm still confident and still premises bitcoin

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July 14, 2017, 03:59:21 PM
 #473

The Title itself is shocking already, as a biggener. I HOPE not, i hope our effort won't go to waste at anytime soon. I find it terrible stressfull just thinking about it negatively. On possitive note i look at it to last a lifetime. Hopefull!!
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July 14, 2017, 04:07:28 PM
 #474

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

We are all waiting, and unfortunately I have to adapt to this. I made a transaction three days ago, but it has not been confirmed yet. But bitcoin will not die.
wow...we have the same experience dude...but i agree with you...bitcoin will never die  Wink Wink Wink
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July 14, 2017, 04:20:00 PM
 #475

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

We are all waiting, and unfortunately I have to adapt to this. I made a transaction three days ago, but it has not been confirmed yet. But bitcoin will not die.
wow...we have the same experience dude...but i agree with you...bitcoin will never die  Wink Wink Wink

Never say never.  Wink At one point, all things must come to an end. So does bitcoin, and you, and me.  Wink

But not soon. Bitcoin will still achieve its grandest price ever. And make people rich.

Just have patience with your transaction guys. Perhaps there is so much traffic in the blockchain. I think bitcoin transactions these days are getting higher. This is partly because of the intensified buying and selling due to the August 1 segwit.


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July 14, 2017, 04:27:57 PM
 #476

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

We are all waiting, and unfortunately I have to adapt to this. I made a transaction three days ago, but it has not been confirmed yet. But bitcoin will not die.
wow...we have the same experience dude...but i agree with you...bitcoin will never die  Wink Wink Wink

Never say never.  Wink At one point, all things must come to an end. So does bitcoin, and you, and me.  Wink

But not soon. Bitcoin will still achieve its grandest price ever. And make people rich.

Just have patience with your transaction guys. Perhaps there is so much traffic in the blockchain. I think bitcoin transactions these days are getting higher. This is partly because of the intensified buying and selling due to the August 1 segwit.
You are right, I don't think that bitcoin is immortal, because only god is immortal. Every things in the whole worlds one day they all dies. By the way, I believe that bitcoin will last a long time, so it's not soon to die like you said, because now it's just the beginning of it. It's just few years passed now, around 8 years, It's not too much. My prediction about bitcoin, that it will last 40 years or maybe more. I hope that i can live and see the bitcoin progress each years.

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July 14, 2017, 05:10:55 PM
 #477

I'm pretty sure bitcoin will not die soon, instead of lots of news and reports, bitcoin users keep on increasing so I'm sure bitcoin will get stronger and not die for soon.
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July 14, 2017, 05:36:50 PM
 #478

It is possible, that BTC will stop exist as it is now, and maybe it will make a big changes. But I'm pretty sure it will live for a loooong time.
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July 14, 2017, 05:45:42 PM
 #479

I'm sure happening of this is with very less chance or probability. Bitcoin is very smart in the way it works on blockchain network. The equation solving along with the supercomputers had taken bitcoin towards successful era and it is a new paradigm in future too. Bitcoin is having big project as supporting entity which not even required for its success but they are making it more giant investor thus keeping it alive forever. :-)

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July 14, 2017, 05:47:19 PM
 #480

I do not think it will be that fast. Must have a good reason to make Bitcoin worthless, at least for now.


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