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Author Topic: Will Bitcoin die soon?  (Read 42061 times)
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August 21, 2017, 04:51:11 AM
 #921

I dont really think that bitcoin is gonna die soon, but nobody knows what can happen in a few years... As far as everybody knows here, bitcoin is the main cryptocurrencie, so it will continue growing in the next years, because this is the new era of money people, and everybody must know it.

There's a possibility that bitcoin die in the future, but in my opinion I think before it happen it will takes a hundred years. Because these coming past few days bitcoin shown of a good performance in the market and  I think it was enough to catch up the eye of many investors to support bitcoin. In additional bitcoin is the famous digital currency in the world now so I never think now the dying day of bitcoin.
It is very difficult to make predictions for such an extended periods of time, just look at the pace in which people replace cell phones even if the cell phones are still in prefect working condition, bitcoin is great but to think that nothing better is going to come along in the hundreds of years is in my opinion to be too naive and too optimistic.

Well I agree with you that there could be technology advancements etc. but Bitcoin could also be improved to meet the technological demands of the time either through a hard or soft fork.

You are all right that it is hard to make assumptions and predictions on what the future Bitcoin's hold because we really don't know the factors that will affect it. For example we don't know what the government will do on cryptocurrencies in the future if it will be good or bad. We don't know if Bitcoin will remain the king of cryptocurrencies because every month there are hundreds of ICOs taking place that is reducing the market share of Bitcoin. The best thing to do is to be prepared and be updated on the latest happenings to Bitcoin.

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August 21, 2017, 05:25:21 AM
 #922

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

Maybe what happened to you is just a bug. Bitcoin's stability is still questioned unti now. As this bug continues and bitcoin's security is still not fixed, bitcoin will have a big problem.

Yet bitcoin will not die soom for it has big amount in the market and its destruction is a big change.

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August 21, 2017, 05:31:55 AM
 #923

Bitcoin nowadays is growing rapidly so i cannot tell that this will die soon based on what is its standing at the present.I honestly believe bitcoin will continue to conquer the universe for the coming months and years.
Yes. Bitcoin is becoming popular because of its benefit that every individual enjoying right now. So I believe that bitcoin will not be dead but bitcoin will become more developed and everyone of us will enjoying the bitcoin. Bitcoin will become dead if and only if people will not utilizing bitcoin anymore.

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August 21, 2017, 05:35:04 AM
 #924

I don't think bitcoin will die soon.Day be day bitcoin is getting stronger.And Millions of people using it.So People won't let bitcoin die soon.I rather think bitcoin will rule the world as a Digital currency more than 1000 years.

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August 21, 2017, 05:41:35 AM
 #925

Bitcoin would not die because of what volatile it haves now. Growing community that still growing faster just like bitcojn prices that increase too much within this year. Very nice to all people who have many bitcoins that there money become x4 without doing nothing


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August 21, 2017, 05:52:01 AM
 #926

I don't think so, there's nothing permanent in this world so we can not be sure of bitcoin, for now i enjoy it while still have bitcoin, i don't want to waste my time in games or what ever, i just want to focus now on bitcoin for my future .

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August 21, 2017, 05:56:27 AM
 #927

Bitcoin would not die because of what volatile it haves now. Growing community that still growing faster just like bitcojn prices that increase too much within this year. Very nice to all people who have many bitcoins that there money become x4 without doing nothing
That's the power of bitcoin and investment world you know ,
As long as you really understand and smart enought to take opportunity there's always a way to get profit ,
Call bitcoin will gonna die soon because of the down trends price is normal thing ,
Especially when it comes from newbie opinions/panic feeling, even bitcoin will rise again soon.
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August 21, 2017, 08:35:15 AM
 #928

Bitcoin is at it's peak right now. So not anytime soon. However, the actual blockchain technology is here to stay
I agree. Of course all the things are dying sometimes, but now we can't see references for such situation to Bitcoin. It almostly gets stronger day after day.
If we consider about the death of everything at some time then scientists have been predicting about the end of this planet for years now. Bitcoin is a technology that will keep on improving and by looking at its present progress, it can be easily concluded that it will last forever. It is the currency of the future.



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August 21, 2017, 08:50:23 AM
 #929

Bitcoin would not die it would not happen that bitcoin is going to die as of now bitcoin known in the world of cryptocurrency the only going to die is a living creatures in the world.Because bitcoin is always alive it is really stronger and always be going higher and rises the value of bitcoin.

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August 21, 2017, 08:56:59 AM
 #930

I do not think Bitcoin will die soon. Just like when the first car was invented over 100 years ago, people 100 years from now will still be developing technology off of Bitcoin, just like is happening now with ETHEREUM, NXT, ARDOR, STRATIS, NEO etc. I think Bitcoin is now just getting started but that is just my humble opinion.

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August 21, 2017, 09:03:10 AM
 #931

Bitcoin nowadays is growing rapidly so i cannot tell that this will die soon based on what is its standing at the present.I honestly believe bitcoin will continue to conquer the universe for the coming months and years.
Yes. Bitcoin is becoming popular because of its benefit that every individual enjoying right now. So I believe that bitcoin will not be dead but bitcoin will become more developed and everyone of us will enjoying the bitcoin. Bitcoin will become dead if and only if people will not utilizing bitcoin anymore.
Bitcoin will never die. The proof of that is the good progress of the bitcoin in the market. You can observe that the bitcoin has really potential. Bitcoin has a bright future and there is no doubt about it.

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August 21, 2017, 09:22:56 AM
 #932

Bitcoin wont die, there would possibly hard fork that will happen but this doesn’t mean that it will crash the bitcoin. Many investors are putting their wealth at it, that is why the system would really strive hard to sustain and fix all the splitting and forking issues. Fork may cause high transaction fee but this neccesarily mean it will make bitcoin die. Bitcoin life will go stronger and adaption will take place, lets just see and wait what will happen.

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August 21, 2017, 09:27:40 AM
 #933

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Maybe it happened because of some modifications, and problems are only normal to be encountered since Bitcoin is an open source, I think. And at this moment, it is now working well. It won't die easily, now that it's demand increased and its community is now larger. Also its price pumped a lot since the modifications or fork that happened. Let's just hope that these kinds of problems will be fixed immediately as possible.

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August 21, 2017, 02:06:16 PM
 #934

More one day, and the Segwit will active, i dont understand whats the preoccupation, the only problem will be the hardfork, but this will be only active in months, and im sure the forked altcoin will not gain importance like our principal cryptocurrency.

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August 22, 2017, 06:21:54 AM
 #935

I dont really think that bitcoin is gonna die soon, but nobody knows what can happen in a few years... As far as everybody knows here, bitcoin is the main cryptocurrencie, so it will continue growing in the next years, because this is the new era of money people, and everybody must know it.

There's a possibility that bitcoin die in the future, but in my opinion I think before it happen it will takes a hundred years. Because these coming past few days bitcoin shown of a good performance in the market and  I think it was enough to catch up the eye of many investors to support bitcoin. In additional bitcoin is the famous digital currency in the world now so I never think now the dying day of bitcoin.
It is very difficult to make predictions for such an extended periods of time, just look at the pace in which people replace cell phones even if the cell phones are still in prefect working condition, bitcoin is great but to think that nothing better is going to come along in the hundreds of years is in my opinion to be too naive and too optimistic.

Well I agree with you that there could be technology advancements etc. but Bitcoin could also be improved to meet the technological demands of the time either through a hard or soft fork.

You are all right that it is hard to make assumptions and predictions on what the future Bitcoin's hold because we really don't know the factors that will affect it. For example we don't know what the government will do on cryptocurrencies in the future if it will be good or bad. We don't know if Bitcoin will remain the king of cryptocurrencies because every month there are hundreds of ICOs taking place that is reducing the market share of Bitcoin. The best thing to do is to be prepared and be updated on the latest happenings to Bitcoin.
Sorry, but I have different thinking! We are suppose to assume and predict in order to be successful in our futures. Bitcoins will not die. Some of the governments may protest against bitcoins but some will raise their slogans in its favor, especially the Asian ones. Bitcoin will remain the king because its users are increasing with time.

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August 22, 2017, 06:27:04 AM
 #936

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


I dont understand your topic title and relation between the description you have made. Anyway, there is one thing for sure that bitcoin wont die so soon. At least it wont die until government say so or it becomes illegal currency to operate.

The mining fees will be there and should be there because miners are the one who makes you confirm that your trabsaction was passed and the tree is followed. It is not waste money they work for you hard to get it securly transmitted. So its your responsibility how much you want to pay and how fast you want to get it worked.



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Bittoshi
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August 22, 2017, 06:32:27 AM
 #937

The day hacker's will be able to brute force private keys for wallet addresses in a reliable amount of time is the day Bitcoin will die. Because that will be the day people panic and sell their coins as fast as they can. But with today's technology it is very unlikely that this scenario will happen in the next 10 years from now. But who know what future will bring.
legendbtc
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August 22, 2017, 06:34:34 AM
 #938

I dont really think that bitcoin is gonna die soon, but nobody knows what can happen in a few years... As far as everybody knows here, bitcoin is the main cryptocurrencie, so it will continue growing in the next years, because this is the new era of money people, and everybody must know it.

There's a possibility that bitcoin die in the future, but in my opinion I think before it happen it will takes a hundred years. Because these coming past few days bitcoin shown of a good performance in the market and  I think it was enough to catch up the eye of many investors to support bitcoin. In additional bitcoin is the famous digital currency in the world now so I never think now the dying day of bitcoin.
It is very difficult to make predictions for such an extended periods of time, just look at the pace in which people replace cell phones even if the cell phones are still in prefect working condition, bitcoin is great but to think that nothing better is going to come along in the hundreds of years is in my opinion to be too naive and too optimistic.

Well I agree with you that there could be technology advancements etc. but Bitcoin could also be improved to meet the technological demands of the time either through a hard or soft fork.


Technology does not depend on the forks because right now many new streams of technology are developing like Video streaming, Music streaming, EBook Stores etc. Bitcoin technology is Independent but people are using it for multiple purposes to make more comfortable to people.



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erpbridge
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August 22, 2017, 06:38:54 AM
 #939

The day hacker's will be able to brute force private keys for wallet addresses in a reliable amount of time is the day Bitcoin will die. Because that will be the day people panic and sell their coins as fast as they can. But with today's technology it is very unlikely that this scenario will happen in the next 10 years from now. But who know what future will bring.

Looking at all the computation power that has been thrown into achieving this, it can be assured that it won't happen in the next 100 years. Otherwise people would have realized and would have given up on bitcoin already(even if there was a chance for it to happen anytime soon).
ttt111
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August 22, 2017, 07:23:26 AM
 #940

nope i dont think bitcoin will die... but some investor may shift to alt coins
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