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Author Topic: Will Bitcoin die soon?  (Read 42073 times)
swogerino
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July 16, 2017, 06:00:30 PM
 #521

Bitcoin will never die. It is one of the greatest technological innovation in digital money in our century. It can be used for different purposes and means. These have been talked here many times so I am not going to repeat them. As long as bitcoin will bypass the necessity of a central authority like a central bank to tell us what is better for us to do, it will live and it will be cherished by many people. Bitcoin will die is just a nonsense from media and central banks trying to put mud on bitcoin face.




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July 16, 2017, 06:25:52 PM
 #522

If bitcoin dies all the Cryptos will die along with it. So bitcoin is not going to die any sooner otherwise people would freak out like hell and god knows about their reaction about it if that occurs. Also a few powerful people like Bill Gates know what bitcoin is ,so probably they won't let it die just like that.

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July 16, 2017, 06:35:13 PM
 #523

Bitcoin will not die without a reason and a very good one. The issues Bitcoin is having at the moment can't cause something dramatic like this. And even if there was a possibility for something like this it wouldn't happen over night and suddenly. But Bitcoin has very good chances to become even stronger and remain the leading cryptocurrency that will also become competitive to all fiat currencies.

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hassanabid
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July 16, 2017, 06:46:16 PM
 #524

my transaction delayed almost 3 hours but then it was completed
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July 16, 2017, 06:51:37 PM
 #525

Bitcoin will not die any time soon . It may drop drastically in price and it may sky rocket in price . It really depends on who is backing it and how much money people or business pump into it .  IT has massive support atm .
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July 16, 2017, 07:18:58 PM
 #526

Bitcoin will not die without a reason and a very good one. The issues Bitcoin is having at the moment can't cause something dramatic like this. And even if there was a possibility for something like this it wouldn't happen over night and suddenly. But Bitcoin has very good chances to become even stronger and remain the leading cryptocurrency that will also become competitive to all fiat currencies.
I agree, there is no doubt that the bitcoin has become a very powerfull curency and has potentiel to be even stronger and it is going to take a long time for it to fall down, espacially right now with it gaining more popularity with its sky rocketing price which made more poeple investing in it.

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July 16, 2017, 08:44:42 PM
 #527

Will Bitcoin die - yes (I don't like the word "die" but I do believe btc will change/evolve into something else-something it wasn't meant to be Angry)
Soon - no

Once anything becomes profitable you can always expect it to be ripped to shreds (that's the sad part about human animals, they just hate seeing anything "nice") and that I see is what's happening with BTC.

Sorry for a short answer, I really can't write 10+ pages as to why. 




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July 16, 2017, 09:05:45 PM
 #528

It is not going to die it shows that how much popular bitcoin is getting day by day that too many transaction are going on and confirmation are getting delayed day by day that is why they are doing all this segwit thing so this problem get resolved and we can send bitcoins easily to anyone around the world without waiting too much for the confirmation. After segwit installed in bitcoin this problem will be solved.

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July 16, 2017, 09:38:54 PM
 #529

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Maybe that scenario happens because of bitcoin's operational service is still under improvement as a preparation for the upcoming segwit fork event. But with that, we cannot easily state that bitcoin will die soon. We must hope for the best thing to happen that after the segwit, price value will pump to its normal rate or the best is it will pump higher than the usual.

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July 16, 2017, 10:27:03 PM
 #530

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
We cannot state or rather claim that bitcoin will die soon just because of the basis that bitcoin's price value is continuously dumping. We must think this as an opportunity to buy bitcoins and wait for the effect to happen after the segwit fork if it will matter the price pump or not. We just have to wait and hope for the best result to happen.

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July 16, 2017, 10:52:04 PM
 #531

The possibility of bitcoin will die sooner or later, but as long as it is safe and many who use bitcoin will always be alive
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July 16, 2017, 11:13:06 PM
 #532

Bitcoin was not developed to die any day, developed to change the worl's economy. So never expect and predict that bitcoin die soon or lately. It will survive in any case because of its adopters.  Wink

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July 16, 2017, 11:18:24 PM
 #533

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
We cannot state or rather claim that bitcoin will die soon just because of the basis that bitcoin's price value is continuously dumping. We must think this as an opportunity to buy bitcoins and wait for the effect to happen after the segwit fork if it will matter the price pump or not. We just have to wait and hope for the best result to happen.

Correct. The price dumping is not a indicator that bitcoin will die just like that. Bitcoin has also crashed in 2013 after the bubble has been burst. But then bitcoin did not die but a lot of investors take advantage of it and hold on bitcoin. And fast forward 2017 the price rise to an unprecedented level making a lot of millionaires. So this should be our mindset about the current situation and not spread FUD around.

mornabo
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July 16, 2017, 11:18:33 PM
 #534

Bitcoin will never die. It is one of the greatest technological innovation in digital money in our century. It can be used for different purposes and means. These have been talked here many times so I am not going to repeat them. As long as bitcoin will bypass the necessity of a central authority like a central bank to tell us what is better for us to do, it will live and it will be cherished by many people. Bitcoin will die is just a nonsense from media and central banks trying to put mud on bitcoin face.
Nope possibility that will continue to exist, although bitcoin is a technology with a very new innovation today but did not rule out bitcoin will get more sophisticated competitors in the future? Because the technology will progress. If all users leave the bitcoin, of course bitcoin will die

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July 16, 2017, 11:21:31 PM
 #535

No bitcoin will not die. You really just need to wait in order for your transmission to transfer. It is just a matter of time. My friend waited almost a month for him to withdraw his .25 btc. And for you btc you just need to wait or try to better the fees in order for it to become faster.

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July 16, 2017, 11:38:58 PM
 #536

I think this is more on inevitable situation when handlers came up to innovation then bugs up within the process. If BTC will die soon, there must be something wrong with the world's economic stability. Yet it is too impossible, wherein there are main Technicals or great backup to restore which has been damaged. Nor in other terms, BTC currency value will adjust in order to sustain.
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July 16, 2017, 11:57:08 PM
 #537

Bitcoin will not die any time soon . It may drop drastically in price and it may sky rocket in price . It really depends on who is backing it and how much money people or business pump into it .  IT has massive support atm .
no bitcoin is not going to die but i am sure that its popularity will be increasing from time to time. i think those people who are getting information about bitcoin they are really taking interest in bitcoin and investing money in bitcoin, which is increasing the demand of bitcoin and its price. i am sure bitcoin will remain for a  long long time and hope that it will be our first  choice as currency and we will be able to use it even in our local shops for shopping and purchasing any other thing.
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July 17, 2017, 01:02:37 AM
 #538

This is a ridiculous topic, I don't think that bitcoin is going to die very soon. because Bitcoin is getting popular and acceptable nowadays, many private sectors are going to allow it as a payment tool so it is one of the reasons to live Bitcoin a long time. but some people have been afraid of a rumor about coming August. I certainly want to say that it is just a policy to reduce the value of Bitcoin by Creating a panic selling situation.
 
bitcoin will never die, although it fluctuates it price right now but i am sure and confidently know that bitcoin will never be die , it will live for so many years, few more days it will back to its natural price im will really hopes it because bitcoin helps me very much i really want to earn and make it as my investment right now.
Bitcoin will die just like fiat will but I know not now. Bitcoin is just fresh so the price of it is still volatile and fluctuate much. plus because of the upcomming event on august 1. which is the voting between segwit and hardfork. may the best wins between the two.
I think fiat will not die because fiat is the main currency that will continue to use in every country. Different from bitcoin which only as option. Of course bitcoin may die but not for the near future. Yeah because bitcoin is new and still young, bitcoin will continue to grow

   
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July 17, 2017, 03:05:50 AM
 #539

Will Bitcoin be as soon as possible?
I do not think that's right before I'm here and I'm starting to post it, hopefully it will reach 2020 because I still do not earn bitcoin.
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July 17, 2017, 03:21:42 AM
 #540

I receive bitcoin from blockchain of friend, he sent with default fee so i see only 0.00029 btc fee for 0.01 BTC he sent me, 2 days does not confirm till now and i just check my coinbase transaction disappear, so sad, anyone knows what happen next and how increase fee blockchain thank you

It would be wiser for you to hold still and avoid bitcoin transactions. I think this is some kind of an early traffic.

If I'm not mistaken, the segwit will be introduced a few days before August 1. The advice will be to secure bitcoins in a safe place and avoid bitcoin transactions. However, it seems the blockchain traffic is getting worse this early because of the upcoming development.

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