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Author Topic: Will Bitcoin die soon?  (Read 42241 times)
Zicadis
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August 23, 2017, 08:46:20 AM
 #961

Bitcoin wont be dying because someone had to wait for a transaction to confirm, besides had you paid premium tx fees you should have no such problems. Another reason for btc not dying is its too valuable at the time of writing....if shitcoins can live on why should BTC pass on Tongue

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Such draw backs are needed so that the developers can be pushed to write better code that will improve efficiency of the bitcoin network and mod it into the perfect cryptocurrency.


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crypteris
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August 23, 2017, 01:01:04 PM
 #962

The long-term solution is SegWit. Bitcoin definitely has a scalability problem right now. It also pissed me off a lot of times. Angry But I hope this problem will be solved in some time.
bololord
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August 23, 2017, 01:19:03 PM
 #963

I think bitcoin dont die i think bitcoin become popular and become famous to all country soon . and many people try this and got interest so much to invest or to earn in bitcoin becuase of this value continiously to rise  .

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August 23, 2017, 01:44:54 PM
 #964

bitcoin is first currency and anyone can allt coin exchange btc. some time face problem withdraw.
but its way i don't tell it can die.
naira
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August 23, 2017, 01:56:26 PM
 #965

All you need to do is be patient, maybe the track is crowded so it gets stuck.
I feel bitcoin will never die. So... Dont hesitate with bitcoin



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andaresta
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August 23, 2017, 02:15:51 PM
 #966

I think bitcoin will be mening after no one uses bitcoin and its services as a digital currency that no longer costs. Maybe a hundred more years the bitcoin will die.

Cryptoticker
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August 23, 2017, 02:20:14 PM
 #967

it's going to rise first for sure...
assyla
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August 23, 2017, 02:44:34 PM
 #968

I receive bitcoin from blockchain of friend, he sent with default fee so i see only 0.00029 btc fee for 0.01 BTC he sent me, 2 days does not confirm till now and i just check my coinbase transaction disappear, so sad, anyone knows what happen next and how increase fee blockchain thank you
I think that was very ironic thing that bitcoin will die soon??  So ridiculous for them who says that bitcoin will die soon. Bitcoin will not die because many people and users are hanging on this in order for them to live and to buy things that they want.

FisherWoman
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August 23, 2017, 02:55:21 PM
 #969

Sometime the blockchain got stuck so you just need to wait Smiley) Don't worry Smiley) And in my opinion I don't think bitcoin will die soon at least in next 20 or 30 years Cheesy.
rb26
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August 23, 2017, 03:11:38 PM
 #970

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

That's unfortunate for you to experience that. But I guess that issue doesn't indicate the end of bitcoin. There might just be an issue with the exchange you used. Besides how does a cryptocurrency die when more and more people invest in it? Btc will die if and only if all of its investors pull out their investments.

tanginamoo
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August 23, 2017, 03:20:27 PM
 #971

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

      Bitcoin's price for now is still rising at its finest. It is very difficult to predict what will happen next. If the problem about transaction continues it can cause a negative effect for the bitcoin users specially the small ones. But if we believe and bet our trust on bitcoin, maybe someday we will not regret it.

     But as for now, with it's stability and price hike, bitcoin will stay and not die soon.

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Akash1243
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August 23, 2017, 03:27:10 PM
 #972

I don't think Bitcoin will die just because some transactions are not confirming.Bitcoin's price can give you idea that it is not going to die for atleast few decades.And it is currently the best crypto currency now as it is decentralised and many people are investing in it.In Bitcoin we should always have patience as it will rise.I don't know why some people start to panic if there are few drops.

OracionSeis
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August 23, 2017, 03:39:28 PM
 #973

I receive bitcoin from blockchain of friend, he sent with default fee so i see only 0.00029 btc fee for 0.01 BTC he sent me, 2 days does not confirm till now and i just check my coinbase transaction disappear, so sad, anyone knows what happen next and how increase fee blockchain thank you
I think that was very ironic thing that bitcoin will die soon??  So ridiculous for them who says that bitcoin will die soon. Bitcoin will not die because many people and users are hanging on this in order for them to live and to buy things that they want.
Yep, they just waste their time for imagion a future never happening. If really want make Bitcoin die, need 5-10 years after the momentum and the trend of Bitcoin on market decrease.

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Lalafell
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August 23, 2017, 03:48:56 PM
 #974

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...
Well, I agree that bitcoin won't die and it will never die. In addition to that, I believe that bitcoin will survive in the future and I hope it would happen because I see the great potential of bitcoin. Many people believes that bitcoin will become our world currency so that bitcoin will survive in the future and I think it wi become our future money.

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Predator25
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August 23, 2017, 03:49:51 PM
 #975

I receive bitcoin from blockchain of friend, he sent with default fee so i see only 0.00029 btc fee for 0.01 BTC he sent me, 2 days does not confirm till now and i just check my coinbase transaction disappear, so sad, anyone knows what happen next and how increase fee blockchain thank you
Maybe its just a simple error for bitcoin. I dont believe bitcoin will die because as you can see right now bitcoin value is rising up. And i hope it will continue rising. Im just afraid a little bit because we cant predict. We all know that bitcoin value is unstable.

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Arkann
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August 23, 2017, 05:34:35 PM
 #976

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Yes this is a recurring problem, the bigger the transaction so that it becomes slow, I worry if the user continues to increase and the bigger the bitcoin transactions but could fail.
Problems with the time of transactions with bitcoin happen, but this is not a reason to panic and assume that bitcoin can die. The software bitcoin is constantly being improved, a good team of specialists is puzzling over it, therefore, we all hope that the problem of the speed of transactions will soon be resolved.

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August 23, 2017, 05:42:25 PM
 #977

I don't think really as like as someone thinks. day by day Bitcoin has become a popular currency system in the developed countries. already Japan and South Korea has announced it as a legal currency. in the USA it has been hugely accepted to the people. so it will not go to die very soon.

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August 25, 2017, 04:58:15 AM
 #978

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.

That is correct but imagine that something similar to what happened with bitcoin happened in the future, a genius develops a new coin with completely incredible characteristics all by himself and then he releases the code, bitcoin will not have too much time to adapt the same way the world did not have too much time to adapt to bitcoin and if the coin has the same level of innovation that bitcoin had back in the day then things could get really difficult.

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August 25, 2017, 05:04:17 AM
 #979

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

This was raised in May so I hope this concern is already addressed by the August 1 SegWit2x. If not then, there are still developments needed. But it does not necessarily mean Bitcoin will die because of this.

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