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Author Topic: Will Bitcoin die soon?  (Read 42184 times)
trustchain
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May 19, 2017, 08:12:49 AM
#61

Bitcoin has been monopolized by mining companies.

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May 19, 2017, 08:19:59 AM
#62

Just because the transaction has not been confirmed, bitcoin will not die. It may be busy with current transactions.

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May 19, 2017, 08:22:28 AM
#63

7daystodie
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May 19, 2017, 08:25:12 AM
#64

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

Simply increased the number of users and the system does not have time to process operations. After a while I hope everything will work out.

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May 19, 2017, 02:13:56 PM
#65

I do not think you will die in the near future  Undecided  It almost got close to $ 2,000.I was expecting this price at the end of the year but it seems to have arrived.So do not forget to keep some bitcoins in your hand.  And yes this is an investment recommendation    Cool Grin

 



Bitcoin will not going to die in fact that many countires are now considering bitcoin and hopefull segwit would support it by month of july or september. Altcoins are being popular and including that, bitcoin's market would increase as people needs to buy bitcoin first to buy altcoins.

Bitcoin is being accepted in many countries, this shows its popularity, however, it is in trouble, and it can be rejected by anyone at any time.

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May 19, 2017, 03:30:45 PM
#66

I believe Bitcoin will not die. Bitcoin prices will increase in more than a day.
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May 19, 2017, 05:07:29 PM
#67

I do not think you will die in the near future  Undecided  It almost got close to $ 2,000.I was expecting this price at the end of the year but it seems to have arrived.So do not forget to keep some bitcoins in your hand.  And yes this is an investment recommendation    Cool Grin

 



Bitcoin will not going to die in fact that many countires are now considering bitcoin and hopefull segwit would support it by month of july or september. Altcoins are being popular and including that, bitcoin's market would increase as people needs to buy bitcoin first to buy altcoins.

Bitcoin is being accepted in many countries, this shows its popularity, however, it is in trouble, and it can be rejected by anyone at any time.
Never underestimate the devs of bitcoin related stuff. Miraculously someone will come forward with some astonishing idea to solve all the scalability issue in the manner to be accepted by each and every bitcoiners. So, the assumed problems may become just delusion in no time. I am eagerly waiting for that day.

In this modern digital era, there will be no reason for devs to let bitcoin to get fade away. Finding solutions for bigger blocks seems reaching an emergency situation and hopefully it may get solved before turning into further critical.



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May 19, 2017, 05:09:19 PM
#68

If nothing changes with the current state of the network, sure death soon.

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May 19, 2017, 05:11:10 PM
#69

If nothing changes with the current state of the network, sure death soon.
I do not think so, Bitcoin will be developed for the digital age
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May 19, 2017, 05:14:35 PM
#70

I am really thinking about the bitcoin will die we know that it is already in a rapid increasing of price skyrocketing that almost 2000$per 1 bitcoin in the market that at this point it is really almost impossible to die i guess it is just normal for the bitcoin price to go down sometimes.

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May 19, 2017, 08:57:12 PM
#71

Bitcoin has been monopolized by mining companies.

mayebe for mining, difficulty has gone way up a long time ago anyways. Price related it is accesable fore veryone
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May 19, 2017, 09:34:35 PM
#72

It doesnt looks like,confirmation time is small nightmare especiall whan i am withdrawning btc from exchange,i have to do that little by little.Hope that scaling debate will finish and confirmations will be faster.But still there is huge demand on btc


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May 24, 2017, 12:54:00 AM
#73

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...
I don稚 think so but I know if there痴 a people who use bitcoin, the bitcoin will continues in the market and also in economic. In my own opinion bitcoin will never die because there are lot of people will wants to spread the knowledge about bitcoin.

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May 24, 2017, 01:23:09 AM
#74

Based on how bitcoin goes right now, I still don't see it dying. I guess all the lapses in transactions of bitcoin is for business purposes. The more you wanted to receive or finish a transaction, you will have the willingness to pay more than the required fee.

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May 24, 2017, 01:31:26 AM
#75

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

because of the numerous transaction in bitcoin, that will be the result. It takes time to withdraw the bitcoin the we're withdrawing for. But we need to be patient, it is worth to wait, but in some problems however if you want to make faster the transaction you need to pay more thats the bad thing about it , but all in all bitcoin will be stronger more months and years will come. It will never dies.

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May 24, 2017, 01:39:37 AM
#76

It doesnt looks like,confirmation time is small nightmare especiall whan i am withdrawning btc from exchange,i have to do that little by little.Hope that scaling debate will finish and confirmations will be faster.But still there is huge demand on btc
yeah it's really hurting when you do a huge transaction ,
take a look to the fee required up to $50! it's madness ,
if the situation did not get better i am afraid people will leaving sooner or later ,
as result bitcoin could be disappeared , really possible isn't it? it wasn't a small nightmare , it's the real nightmare!

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May 24, 2017, 01:44:44 AM
#77

Just because the transaction has not been confirmed, bitcoin will not die. It may be busy with current transactions.
Good reason, when the transaction was not confirmed obviously bitcoin we send never received, and this will make the bitcoin died, but I think it could make prices drop dead is bitcoin soon.
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May 24, 2017, 01:49:44 AM
#78

For this week my transaction is fast when I recieving bitcoin from my campaign payout it takes 30 minutes - 1hr only to confirmed my transaction.. But last month I experienced also what you experienced it takes dew days before the transaction confirmed. I think the transaction of bitcoin sometimes fast sometimes low. Your lucky if you experienced fast transaction but I think it depeneds on the fee but even the fee is high people said trasaction is very slow. I dont know what is the main reason why transaction confirm is very slow.

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May 24, 2017, 03:45:47 AM
#79

This is certainly a possible future, but unlikely. Bitcoin is just gaining popularity, and every day more and more.

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noictib
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May 24, 2017, 03:59:05 AM
#80

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
I think this is not the sign of the bad future of the Bitcoin . Currently many numbers of the people are using Bitcoin and want to confirm Thier transaction speedily , due to this a type of the competition arise in the Bitcoin network to confirm that transaction which paid high fee  .
So here you need to pay high fee , if you want to confirm fastly .
Here I myself was giving the fee of 0.0002 btc in the last month , but in the current time I always need to pay atleast 0.0004btc for the confirmation in one to two hours .
So I think it is not bad , because we should see toward the price also where we have much amount of profit with the small fraction of the Bitcoin .
Also think that your earnings also increase by 50% ( because of increase in the price ) , so you should not to go back to pay fee high .
Normal fee should be 0.0005btc , otherwise may be it will take 12 hours to 24 hours or even more .


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