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Author Topic: Will Bitcoin die soon?  (Read 42183 times)
darkrose
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July 23, 2017, 04:36:23 AM
 #641

Bitcoin just die if the internet is gone in all over the world, because the bitcoin uses by the internet transaction as well as other crypto currency, that's my belief but do not worry about losing the internet and bitcoin because it will live forever during It is used by people different transactions over the internet in all over around the world so it's impossible bitcoin die

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July 23, 2017, 04:54:52 AM
 #642

According to reports 2/3 of bitcoins have been mined and 1/3 lost. If that is accurate information I could see Altcoins becoming more popular. Most people don't realize that you can buy part of a share of a bitcoin. After seeing the $3,000 price tag most don't look further in to it. I believe bitcoin is in too deep to fail. It's already to far along to not work. Now this could take decades to really take off but I think eventually everyone on this forum will be sitting pretty. It might take 10-20 years but if you stick with it the payoff will be worth it.

2/3 have been mined and 1/3 are lost? You mean there is nothing left to be mined?
But it will take more years for it to be depleted.
Ain't it great? The lower the number of bitcoins out the greater the value it can have.
It will become more rare and more people will see it like a valuable piece in the world.
It will not die as long as there are people supporting it.

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July 23, 2017, 05:45:12 AM
 #643

Bitcoin is not going anywhere, atleast not in the near future... We may see some other coins with bigger growth during the next years but probably not enough to overtake BTC as the 'main' coin in the crypto market.
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July 23, 2017, 06:30:16 AM
 #644

Bitcoin will not end, even bitcoin will remain in use until the end of time, we can see how the development of bitcoin from year to year

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July 23, 2017, 06:31:41 AM
 #645

There is no sign that bitcoin will die. All signals remain indicate that bitcoin will still continue to be used. People has a big hope through bitcoin because its simplicity.

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July 24, 2017, 02:14:07 AM
 #646

Yesterday's week was worrying with bitcoin, falling to a great extent, but this week is surprising? Started crawling naek back. It is surprising ... falling fast and rising too fast, it is indeed an idol and many are looking for it.
So is arguably the bitcoin at this time bitcoin dies?
Obviously, it’s a big no. Bitcoins can’t perish away at this time. In the current scenario when bitcoins are on way to moon, many people are very much interested in buying bitcoins before the month of August. Bitcoins can’t die for centuries. The world is becoming digitalized day by day, so how it possible that in a world full of technology, bitcoins is will die. Bitcoins are the most amazing digital inventions and are going to rule the world for generations.


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boris singer
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July 24, 2017, 03:14:49 AM
 #647

Yesterday's week was worrying with bitcoin, falling to a great extent, but this week is surprising? Started crawling naek back. It is surprising ... falling fast and rising too fast, it is indeed an idol and many are looking for it.
So is arguably the bitcoin at this time bitcoin dies?
Obviously, it’s a big no. Bitcoins can’t perish away at this time. In the current scenario when bitcoins are on way to moon, many people are very much interested in buying bitcoins before the month of August. Bitcoins can’t die for centuries. The world is becoming digitalized day by day, so how it possible that in a world full of technology, bitcoins is will die. Bitcoins are the most amazing digital inventions and are going to rule the world for generations.


If we think according to the conditions that are currently experienced there is indeed an adjustment to separate the effects of bitcoin unlimited to bitcoin. There will be price adjustments because chainsplit will divide the system through UASF protocol. But this will be the solution of the future and the current price downturn is an impact for a vigilant community ahead of August 1st.

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July 24, 2017, 03:17:14 AM
 #648

I think not because Bitcoin until now still survive and until now the price also getting better. Bitcoin has many investors so coins are very special to them.


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July 24, 2017, 03:22:30 AM
 #649

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Absolutely not, on the one hand because bitcoin is making a spike at price level, and on the other hand because the number of people who have confidence in bitcoin and who begin to use it frequently is in a scary growth !
I think user dissatisfaction on bitcoin will create big problems later on, this is a big deal about transaction fee, maybe this dissatisfaction will make the user switch to another cryptocurrency, because it is very possible other coin offer better than bitcoin, and if all Users switch and migrate then bitcoin will die right?

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July 24, 2017, 03:23:09 AM
 #650

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

This will hopefully be a thing in the past after the improvement together with the BIP91. Bitcoin will not die. It is still very young. There is a bright future ahead of bitcoin. And it's price is still relatively low. The investors are speculating a much stronger day ahead for bitcoin.

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July 24, 2017, 03:33:33 AM
 #651

Bitcoin will not die, it's just an accident  i guess, next time it will be fine for sure. I've experienced things like that, but it's just only occasionally. Next will not continue to experience like that again. I'm sure bitcoin will stay alive and more enthusiasts for entering to the bitcoin world.

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July 24, 2017, 05:21:37 AM
 #652

Oh, so many of you sharing the same problem. Blockchain traffic is indeed one problem that pulls Bitcoin down. This is a concern that has reached the core team I guess. Everybody's gone through the same problem.

I think this is gonna be one that the August 1 schedule is going to address. But the traffic is getting worse right now because of the volume of bitcoin transaction. Again, due to the fears of the coming August 1.
Things don’t seem to be as bad as they were a few weeks and months ago, so those that are complaining are either new or have not sent a transaction in a lot of time, in this times we need to be very patient about it and if you are not then you need to send a good enough fee so you do not have to wait for long this is important especially if you are buying something and you get one of those timers that needs your transaction to confirm in an specific time frame.

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traderethereum
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July 24, 2017, 05:38:26 AM
 #653

bitcoin will stay like it ways although there is a problem inside bitcoin itself, but i think and i am sure that the bitcoin core and the team will fix everything so we don't have to be worried. what we can do now is give support for bitcoin because bitcoin is giving us much of benefits so if bitcoin needs our help, then we should help and make sure bitcoin will stay in a long of time.

i am sure that if the fee is the main problem for bitcoin, then we need to waiting for the maintenance process and finished the job so in future, we don't have any problem when making a transaction.

batang_bitcoin
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July 24, 2017, 05:43:13 AM
 #654

Bitcoin is not going anywhere, atleast not in the near future... We may see some other coins with bigger growth during the next years but probably not enough to overtake BTC as the 'main' coin in the crypto market.

No mate, bitcoin is going into the top list of crypto currencies and it's not about to die soon. There are a lot of people that are sticking and saying that they will put their faith in bitcoin. And I won't say that there are just some other coins that will "take over" bitcoin, it has a big support from the community, companies, establishments and citizens.

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July 24, 2017, 05:51:11 AM
 #655

No it's not going anywhere. It's only going to continue to get larger as we can see it grow every year.
jago25_98
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July 24, 2017, 05:54:55 AM
 #656

Bitcoin is not going anywhere, atleast not in the near future... We may see some other coins with bigger growth during the next years but probably not enough to overtake BTC as the 'main' coin in the crypto market.

No mate, bitcoin is going into the top list of crypto currencies and it's not about to die soon. There are a lot of people that are sticking and saying that they will put their faith in bitcoin. And I won't say that there are just some other coins that will "take over" bitcoin, it has a big support from the community, companies, establishments and citizens.
Bitcoin is leading and definitely the future. I will hold on to my btc and don't sell. In a few years there are so many people who had wished they'd kept them. Bitcoin will be more well-known and more accepted in the future. Can you imagine if a few major internet companies will accept bitcoin payments...
People let themselfs easily scare by bad and fake news. The one with patience will be rewarded.

Crypto supporter!
batang_bitcoin
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July 24, 2017, 06:06:56 AM
 #657

Bitcoin is not going anywhere, atleast not in the near future... We may see some other coins with bigger growth during the next years but probably not enough to overtake BTC as the 'main' coin in the crypto market.

No mate, bitcoin is going into the top list of crypto currencies and it's not about to die soon. There are a lot of people that are sticking and saying that they will put their faith in bitcoin. And I won't say that there are just some other coins that will "take over" bitcoin, it has a big support from the community, companies, establishments and citizens.
Bitcoin is leading and definitely the future. I will hold on to my btc and don't sell. In a few years there are so many people who had wished they'd kept them. Bitcoin will be more well-known and more accepted in the future. Can you imagine if a few major internet companies will accept bitcoin payments...
People let themselfs easily scare by bad and fake news. The one with patience will be rewarded.

I'm doing the same thing, I will hold though I have to sell sometimes for my own expenses and if there are expenditures that I need to shoulder. I'm imagining about those companies that are about to accept bitcoin. I just read recently that Microsoft and PayPal is starting to show it's interest and are ready for it.

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July 24, 2017, 06:15:30 AM
 #658

Bitcoin will not die, it's just an accident  i guess, next time it will be fine for sure. I've experienced things like that, but it's just only occasionally. Next will not continue to experience like that again. I'm sure bitcoin will stay alive and more enthusiasts for entering to the bitcoin world.
As mentioned bitcoin will not die soon, because the growth of bitcoin is found to be moving forward rather than people getting out of the same. Same time more altcoins have been entering the cryptocurrency trading market, but none has reached a growth level and survival same as bitcoin.

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zekeshawn
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July 24, 2017, 06:20:08 AM
 #659

Bitcoin will not die not just because the transaction takes long. The only way bitcoin can die if no one will be using it but as what i have seen different countries are starting to legalize and implementing bitcoin so it means there are more people using it so i don't see bitcoin dying at all.
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July 24, 2017, 06:31:07 AM
 #660

I've drawn it about 1 week ago because it's down very drastically.  Angry
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