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Author Topic: Will Bitcoin die soon?  (Read 43094 times)
Xenophoto
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July 19, 2017, 04:11:12 PM
 #561

Bitcoin is in its younger age and it has started to grow now and its also getting attention from the people across the globe so I don't think that bitcoin will die soon and in fact it will become more popular and stronger currency in future when adoption level will go higher.

Bitcoin is bouncing back right now, it means its already recovering from the previous dump. Also, theres news that all already agreed for segwit which there is no split that will happen. Great to all of us, we will see bitcoin raising in value in the coming days.

Nobody would want a split in the chain because the price of bitcoin will surely go down. It's something that not only users are afraid of, but also the miners themselves. If they let the price of bitcoin go down, all of the coins that they have been saving for the long run will just go to waste. That's loss on everyone's end.

I think segwit isn't fully sure yet, it's just that the chance of having a split has come down. BIP91 just reached 80%, that means that instead of having 95% of the miner signal for SegWit's activation, it will go down to 80%. Miners have already agreed on BIP91 so chain split's chance has went down. You should read more about it here and check for the countdown/updates here

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ivrynx
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July 19, 2017, 04:18:09 PM
 #562

i always review bitcoins and check the trends i see that bitcoin will last, since more and more people are being aware and is using bitcoins alnost on a daily basis, it is a good currenct thought it started on the deepweb, bitcoin is already acceptable as an exchange of service or goods, and also being recognized by investors, there is a small chance to none that bitcoin will die soon.
ubitcoin
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July 19, 2017, 07:26:54 PM
 #563

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 .
As your transaction delayed almost 3 hours. Why just because bitcoin improving that side of bitcoin. That people can transaction with high speed and there no issues in transaction. Now a day there a less number of service in bitcoin according to high rank in market. As they take an action against transaction therefore now they are going from SegWit2x for more fast transaction.
just_Alice
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July 19, 2017, 07:40:15 PM
 #564

If BTC is falling, what others cryptocurrencies we can use? and, What is the other cryptocurrency after BTC?  Huh Huh Huh

There a lot of others and some of them are pretty good. Take a look at the list from the link below:

https://coinmarketcap.com/

But don't worry, bitcoin won't die. Although many of them are good, bitcoin is the best.
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July 19, 2017, 07:45:01 PM
 #565

I don't see bitcoin dieing at all its only gonna  go up... theres people who been trying to get rid of bitcoin thats why they are talking about bitcoin falling... its gonna rise so much is invested in this currency for it to just die and disappear... take a look at ether coin when they made the split... now ether is expected to be the new bitcoin rival... now with this new bitcoin split i see bit coin being richer than ever my friend
TheReamer
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July 19, 2017, 07:48:28 PM
 #566

bitcoin has the strongest computer network in the world. it's not going anywhere.

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July 19, 2017, 07:51:50 PM
 #567

Transactions are slow but it's not going to die anytime soon.
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July 19, 2017, 08:01:50 PM
 #568

Bitcoin lives until there are people who believes in it. And this number is only growing Wink
bitllionaire
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July 19, 2017, 08:31:38 PM
 #569

Bitcoin is in its younger age and it has started to grow now and its also getting attention from the people across the globe so I don't think that bitcoin will die soon and in fact it will become more popular and stronger currency in future when adoption level will go higher.

Bitcoin is bouncing back right now, it means its already recovering from the previous dump. Also, theres news that all already agreed for segwit which there is no split that will happen. Great to all of us, we will see bitcoin raising in value in the coming days.
most of the people are thinking that they have lost he opportunity to trade bitcoin in such a low price and i think everyone now is expecting that the price of bitcoin will not come back to 18000$ and will continue increasing from time to time.
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July 19, 2017, 09:26:42 PM
 #570

If BTC is falling, what others cryptocurrencies we can use? and, What is the other cryptocurrency after BTC?  Huh Huh Huh

There a lot of others and some of them are pretty good. Take a look at the list from the link below:

https://coinmarketcap.com/

But don't worry, bitcoin won't die. Although many of them are good, bitcoin is the best.


Thanks, I really wanted a kind of list to know a little more about the other options. In a while I will see the link, Thank u very much Wink Wink
Restmand
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July 19, 2017, 09:52:34 PM
 #571

Bitcoin lives until there are people who believes in it. And this number is only growing Wink
Yeah bitcoin will never die. It has a strong market value. It may only drops its value sometimes but eventually it will regain it again and not permanently . People may lose the fighting spirit but we need to stay firm and let it happen and be strong because we need to be patient in waiting for it to rise.
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July 19, 2017, 10:36:57 PM
 #572

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...
No one will ever know when or when or if bitcoin will ever die. It's a working progress. Continuing to grow and improve everyday with the people who works for it behind.  The fact that it's being legalized, known, ang being used by many people is a proof that it will never die, as long as people continue using it.




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GeniusAko
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July 19, 2017, 11:26:08 PM
 #573

Bitcoin is in its younger age and it has started to grow now and its also getting attention from the people across the globe so I don't think that bitcoin will die soon and in fact it will become more popular and stronger currency in future when adoption level will go higher.
Yeah I agree to you. Bitcoin is now popular all over the world and I can say it will never die.
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July 19, 2017, 11:31:20 PM
 #574

In two weeks, I think the high transaction fees will be a thing of the past. Bigger block size means that there will be less 'competition' to get into a block for confirmations and as a result tx fee will drop.

Well, until blocks become too small to handle the network transactions again.
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July 20, 2017, 12:45:58 AM
 #575

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

Just have patience mate, sometimes confirm is delay and sometimes it fast. Imagine mate that everday how many transactions is process in blockchain so expected that its confirmation is delay. I experience have not a confirmation within 2 days so i wait one more day and its confirm.

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July 20, 2017, 01:10:50 AM
 #576

Yeah the transaction keeps getting worst,
Really hope that it will get faster soon.
lot of people sending bitcoin thats why we are having traffic situation but they can fasten with high fee
if you want fast transaction you pay high, not go with low fee

Omega Weapon
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July 20, 2017, 02:52:17 AM
 #577

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Bitcoin confirmation is slow? Conclusion: bitcoin is dying, face palm. The confirmation speed depends on two factors, how busy is the network and the fee you pay to the miners, it is not complicated, if you send a good fee when the network is not busy you will get a confirmation in minutes, if you send a transaction with a low fee when the network is very busy then prepare yourself to wait a lot of time to get that confirmation.
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July 20, 2017, 08:30:16 AM
 #578

How to do long-term and remove its short-term. I do not know if that's true.

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July 20, 2017, 08:40:48 AM
 #579

Bitcoin isn't dying it is just that there is some fixing to be made or it will return in few days. For now there is just this transaction traffic cause by panic seller due to the upcoming event this August 1 which cause bitcoin holder to sell because of safety and security measures. By the way Bitcoin still have good future to have depends on the acceptance of the coming event though.

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July 20, 2017, 09:42:50 AM
 #580

Bitcoin will not die. The issues that takes place in bitcoin such as deflation and increasing of price is just in the process of the development of bitcoin. Bitcoin is still young it needs more improvement especially in transactions. But what we are sure of is that bitcoin is promising to everyone who has trust on it.
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