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Author Topic: Will Bitcoin die soon?  (Read 43035 times)
millgates
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August 05, 2017, 03:30:29 AM
 #801

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
It is true that sometimes there are problem in bitcoin transactions. But in banking transactions there are also occasional problem such as disruption of communication network and payment system. But bitcoin can not die just because of this problem, bitcoin is still gives us more advantages and also more unused paper money as happened in some countries for example Greece, cyprus and Venezuela. Then bitcoin becomes increasingly needed.







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August 07, 2017, 05:45:30 AM
 #802

We cannot predict if it gonna die soon. Its depend on how the developer and miners protect, appreciate and manage bitcoin. I think it can't be die because it become spread and known in the world. As many users use bitcoin, the security of bitcoin is being stricted and updating of the bugs and the data so it won't get down easily.
but i think we can easily predict about bitcoin. if we study about bitcoin we say that bitcoin is becoming more popular because people are adopting bitcoin which is making it more stronger.
Bitcoin cannot be easy to predict, it was not long ago people predicted the price of bitcoin will go down after August one and we have seen the opposite, the price held for a few days and now the price has gone beyond the 3000 dollars reaching new all time highs, if people cannot predict something as close as the next days what makes you think people are capable to predict decades in the future.

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August 07, 2017, 05:49:37 AM
 #803

I don't think that bitcoin will die soon, as we can see bitcoin is now rising and it has a good value as of today. Bitcoin will not going to die as long as many people uses it.



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August 07, 2017, 05:57:42 AM
 #804

It is a highly unlikely scenario unless doomsday comes and we loose everything releated to technology.If there was only one cryptocurrency and lets say it's Bitcoin, I would say there is a chance that Bitcoin can die but it's not like that.There are altcoins,projects,gambling and other types of websites,services,miners etc.It's something so huge now.It can't be controlled or it can't die without a major event.
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August 07, 2017, 09:42:42 AM
 #805

I don't think that bitcoin will die soon, as we can see bitcoin is now rising and it has a good value as of today. Bitcoin will not going to die as long as many people uses it.
Exactly. As long as there is a lot of people who will use and support bitcoin then there is nothing to worry about because bitcoin is not that independent to stay in the market because it needs support from the people and also from the miners who will support the foundation of network and as long as there is support and people then the death of bitcoin is impossible.

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August 07, 2017, 10:07:01 AM
 #806

I don't think that bitcoin will die soon, as we can see bitcoin is now rising and it has a good value as of today. Bitcoin will not going to die as long as many people uses it.
Exactly. As long as there is a lot of people who will use and support bitcoin then there is nothing to worry about because bitcoin is not that independent to stay in the market because it needs support from the people and also from the miners who will support the foundation of network and as long as there is support and people then the death of bitcoin is impossible.

Exactly said. The survival of bitcoin and the like will always depend on how many the user base was and how eager they were to support bitcoins itself. I myself still believes on what potential bitcoins has and doesn't sway on other methods just like the situation last august 1. Maybe the reason for me on staying was that bitcoins already build its foundation that makes it strong.


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August 07, 2017, 10:12:42 AM
 #807

I believe that bitcoin will never die, because it is a well thought out crypto currency that spreads very quickly and earns trust among the inhabitants of the whole planet.

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August 07, 2017, 10:14:12 AM
 #808

maybe Yes it will, there will be a lot of events that will break down the price of bitcoin. 1.Exchangers getting hacked, 2.State or Governemental restrictions.
The list is big and you will have the occasion to buy with a decent price. But the price will also go up, everyday new people adopt bitcoin, business owners, shoppers, investors, traders, drug cartel, everyone who want cash want bitcoin.
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August 07, 2017, 10:30:21 AM
 #809

cryptocurrency is the Future............

Indeed and that what all we wanted that we have a brighter future with the help of bitcoins and other digital currency.  For sure cryptocurrency especially the bitcoin will be one of the means to buy things.  Bitcoin atm is now available in some other countries that is why there would be no reason for the bitcoin to be dead.  As people continue to use and support bitcoins then bitcoin will surely become the most advanced and most competent digital currency and most used next tocash.

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August 07, 2017, 10:41:37 AM
 #810

I believe that bitcoin will never die, because it is a well thought out crypto currency that spreads very quickly and earns trust among the inhabitants of the whole planet.
Yes I agree bitcoin was not due to good potential of this cryptocurrencies, also bitcoin is the future currency in the whole world. I think this is the first step of digital currency and maybe sooner or later paper money will vanish in every country in the whole world.
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August 07, 2017, 10:44:32 AM
 #811

Bitcoin expects deflation, due to the fact that it is limited
In my opinion there is no limited word for bitcoin, because from the beginning until now many people still use bitcoin as a tool for buying and selling transactions and there are also miners who invest using bitcoin until now there are still many who use bitcoin. So will never die.
Deflation is the increase in price. Bitcoin will not die
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August 07, 2017, 10:56:17 AM
 #812

Well man that's invalid reason, Bitcoin can not die because it has big community behind it.

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August 07, 2017, 11:24:46 AM
 #813

Delay of bitcoin delivery is a common thing nowadays. Many people are experiencing similar things. In order to handle this we can increase the fee in every bitcoin delivery.
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August 07, 2017, 11:38:51 AM
 #814

I believe that bitcoin will never die I hope that he will survive the rest of the crypt
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August 07, 2017, 12:09:40 PM
 #815

Hard fork worries are now gone, everything is clear and bitcoin separated into 2 fractions of BTC and BCC, I'm sure BTC will continue to survive and BCC will be like altcoin.
Agree!
It will survive, no matter what happen.
Congrats bitcoin for your success!
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August 07, 2017, 12:26:05 PM
 #816

I believe that bitcoin will never die I hope that he will survive the rest of the crypt
I'm with you ,I am a Bitcoin user. it's a more efficient way to transfer value. I would love nothing more than for bitcoin to succeed.
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August 07, 2017, 12:32:41 PM
 #817

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

I also send btc but immediately get a confirmation, I am happy when there is immediate confirmation, maybe you when the transaction again error "it could be".

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August 07, 2017, 12:50:02 PM
 #818

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 think bitcoin won’t die and it will survive in the near future. In addition to that, many people believe to that great potential of bitcoin and it will be the best world currency. I guess the price of bitcoin will rapidly increase in the future and it will be our future money. Lastly, I hope bitcoin will be legalized in all country in the world.

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August 07, 2017, 01:04:57 PM
 #819

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 think bitcoin won’t die and it will survive in the near future. In addition to that, many people believe to that great potential of bitcoin and it will be the best world currency. I guess the price of bitcoin will rapidly increase in the future and it will be our future money. Lastly, I hope bitcoin will be legalized in all country in the world.

Especially in parts of the world like Venezuela.

Imho, those countries economically completely destroyed and have to build up their country from scratch. A perfect time to rebuild using cryptocurrencies.
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August 07, 2017, 01:12:56 PM
 #820

I believe that bitcoin will never die I hope that he will survive the rest of the crypt
I'm with you ,I am a Bitcoin user. it's a more efficient way to transfer value. I would love nothing more than for bitcoin to succeed.
Yes we all hope for bitcoin to succeed and we want the best for it  so that we will be benefited at the same time. It has so many advantages to the users because it really helps a lot of people and I hope it last a long time.
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