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Author Topic: Will Bitcoin die soon?  (Read 42049 times)
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July 24, 2017, 02:37:04 PM
 #681

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.
Due to lack of regulations, many potential investors are shying away from the cryptocurrency. There exist very few bitcoin holders and bitcoin in circulation as of now but with time bitcoin might replace paper money and plastic money. Thus, only time will reveal the future of bitcoin markets.
And you are saying this now where the price of Bitcoin is at it's strongest? Bitcoin as of right now is priced at 2790$ which is 900$ more since the price deep it had last 2 weeks ago. Could you even think of a stock in the NASDAQ who can grow that high frequently in a year?  Of course not they are not as bolatile as Bitcoin or any cryptocurrency can be. Right now the confidence of Bitcojn holders are gaining momentum because of the decision they are having for August 1.

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July 24, 2017, 02:58:26 PM
 #682

The extinction of Bitcoin is possible only if someone has enough money to buy out all 21 million bitcoins) If we take into account that its price will grow after every transaction, that would be hard)
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July 24, 2017, 03:11:23 PM
 #683

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.
Due to lack of regulations, many potential investors are shying away from the cryptocurrency. There exist very few bitcoin holders and bitcoin in circulation as of now but with time bitcoin might replace paper money and plastic money. Thus, only time will reveal the future of bitcoin markets.
yeah its the future who will decide what will happen far behind but being optimistic I would love to see that the existence will continue and more success
will follow as of now its already gathering attention from the main stream and if more people finds out about this big opportunities many will follow and
will be supported by most investors and businessman.

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July 24, 2017, 03:25:29 PM
 #684

It's not just bitcoin.  The issue is that the global banking and payments system is fundamentally broken.  Bitcoin is merely one part of general set of financial technologies that will reshape the banking system.
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July 24, 2017, 03:27:26 PM
 #685

Not really looking like dying any time soon

People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded.  Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.
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July 24, 2017, 03:33:15 PM
 #686

It's not just bitcoin.  The issue is that the global banking and payments system is fundamentally broken.  Bitcoin is merely one part of general set of financial technologies that will reshape the banking system.

And so in effect Bitcoin isn't part or going to be a part of the broken financial system you're talking about but it's rather going to get it reshape and fixed.

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July 24, 2017, 03:36:33 PM
 #687

death by visitation of god ...  Huh

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July 24, 2017, 03:37:23 PM
 #688

Not really looking like dying any time soon

People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded.  Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.

Bitcoin isn't likely to die soon, 24/7 trading is what attract many people. Bitcoin has gathered a lot of value until now, and this value is rising over the years, so instead of dying bitcoin can just be more stronger, I also need to add that bitcoin has continually beat the odds, and price movement surprise us all sometimes.
Many people are still investing in bitcoin success, and bitcoin will be major crypto currency for a long time. Who knows what will happen in the future, and maybe some other altcoin can replace bitcoin one day, but that is one big maybe, and that can`t happen in near future.

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July 24, 2017, 03:50:05 PM
 #689

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Well, bitcoin will never die and as of now bitcoin is very useful like you can use it in different kind of transaction. In addition to that, many people already use bitcoin and it has a big potential to become world currency and it is the first cryptocurrency that has a high value in the market. Lastly, many bitcoin users believe that by using bitcoin it will help them to become rich in the future.

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July 24, 2017, 03:56:33 PM
 #690

Not really looking like dying any time soon

People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded.  Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.

Bitcoin isn't likely to die soon, 24/7 trading is what attract many people. Bitcoin has gathered a lot of value until now, and this value is rising over the years, so instead of dying bitcoin can just be more stronger, I also need to add that bitcoin has continually beat the odds, and price movement surprise us all sometimes.
Many people are still investing in bitcoin success, and bitcoin will be major crypto currency for a long time. Who knows what will happen in the future, and maybe some other altcoin can replace bitcoin one day, but that is one big maybe, and that can`t happen in near future.


               I totally believed the same too, as usual an active market is more likely to attract people's interest not only big time investors but also some of the small time, even those merchants are even adapting it because the saw great potential when we say it is active, and now that it is slowly growing i don't think it will die easily.

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July 24, 2017, 03:57:25 PM
 #691

I think bitcoin will not die. Many use bitcoin. The largest community of bitcoin spread all over the world. And bitcoin is the most popular coin among other coins. So I do not think maybe bitcoin will end and die.
I agree with you . Bitcoin will never die because it is using the most advanced blockchain platform in the world, even many banks want to use this technology. Bitcoin is the industrial revolution of cryptocurrency and is the future of the world
Bitcoin is probably not in huge danger right now, for the price is fine. And yet I don't think you are right about blockchain. This platform is too stict, there aren't many possibilities to create something new there. Moreover, I believe dogecoin, for example, has a safer code. Maybe transaction duration will be solved but there are currencies with no such problems at all.

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July 24, 2017, 04:03:25 PM
 #692

Not really looking like dying any time soon
Yes bitcoin will never dies indefinitely . We may see it dumping sometimes, last time it hits almost $1800 per btc it think but now who can predict it will go $2800 again. We maybe be upset because of unstable bitcoin value but i believe as long as we want it it will never ever dies. Just trust it and believ on what bitcoin will show to us.

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July 24, 2017, 06:30:10 PM
 #693

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.
yes! You are right and I am agree with you that the import6ance and the value of the bitcoin is increasing day by day we cannot say that it is going to be down any time the number of the people who use bitcoin is increased more than the number of the people who are selling bitcoin so it is not going to die ever we can see the bright future of the bitcoin clearly.

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July 25, 2017, 12:33:13 AM
 #694

I think bitcoin will not die. Many use bitcoin. The largest community of bitcoin spread all over the world. And bitcoin is the most popular coin among other coins. So I do not think maybe bitcoin will end and die.

IMHO its just only a drama and all is cooperating to project negative effect of the segwit activation etc. Bitcoin is here to stay as long as we realize its importance and uses. BTW bitcoin just recovered from dump already.

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July 25, 2017, 12:50:58 AM
 #695

No bitcoin will not die even they doubt that bitcoin die or decrease in august1 . Its not the end because even the price of bitcoin decrease for sure it will increase again after few days or few weeks for sure the price will back to the current price and it will increase more than the current price. More bitcoin that you have more money to come with us. Hold your bitcoin dont panic because you lose the opportunity to earn .

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July 25, 2017, 01:01:18 AM
 #696

Bitcoin will not dai any time soon, in fact his value is still increasing and we are waiting a big bump soon in this month.

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July 25, 2017, 01:39:48 AM
 #697

No bitcoin will not die even they doubt that bitcoin die or decrease in august1 . Its not the end because even the price of bitcoin decrease for sure it will increase again after few days or few weeks for sure the price will back to the current price and it will increase more than the current price. More bitcoin that you have more money to come with us. Hold your bitcoin dont panic because you lose the opportunity to earn .
Of course, bitcoin will not die. There is no reason why the bitcoin will die. Bitcoin will stay in this forever and it seems that it becoming more popular and becoming more powerful. I agree also to you when you say panic is not necessary and holding is really important.

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July 25, 2017, 01:54:30 AM
 #698

Bitcoin will not dai any time soon, in fact his value is still increasing and we are waiting a big bump soon in this month.

Hopefully after the August 1 activation we'd see if we can experience the big pump we've all been waiting for. Bitcoin of course isn't nearing death just yet and I'm optimistic just like many forum members that we are going to see glory day ahead of us.



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July 25, 2017, 03:23:06 AM
 #699

Bitcoin will not dai any time soon, in fact his value is still increasing and we are waiting a big bump soon in this month.

Hopefully after the August 1 activation we'd see if we can experience the big pump we've all been waiting for. Bitcoin of course isn't nearing death just yet and I'm optimistic just like many forum members that we are going to see glory day ahead of us.

Sure, we will see bitcoin in glory, however, the beginning is always accompanied by difficulties, if the bitcoin is divided, its value will surely decrease, it will make many people feel anxious, but I believe it will go up later.

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July 25, 2017, 03:26:56 AM
 #700

Price go down, probably yes, IMHO, Death would be No, however once the fear is over and Bitcoin will start to climb up again.

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