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Author Topic: Will Bitcoin die soon?  (Read 43028 times)
DainSLane
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May 18, 2017, 06:09:46 AM
 #21

 In my opinion No because bitcoin is growing and it could rise within a month or years,
bitcoin will not die maybe the price will drop but it will not disappear

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May 18, 2017, 06:16:32 AM
 #22

The issues of unconfirmed transactions and fees have been disscused so many times on so many threads here. If your transactions are unconfirmed try to speed it up through viabtc.com and for the future choose wallet where you can control the fees.
But this is not the reason the Bitcoin will die, this issue can be solved.

Again, I am not saying it will die because of it. I was just saying that a common man like me who uses bitcoin, does not read forums and threads to be upto date with such services. It definitely hinders adoption specially if you are accepting bitcoin for direct purchases.
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May 18, 2017, 06:20:59 AM
 #23

Yeah the transaction keeps getting worst,
Really hope that it will get faster soon.

The transaction is only the problem of bitcoin right now. But when it be solved as soon as possible i think it will not happen. Im hoping also for that cause it will have a big impact for the bitcoin users if it happen.

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May 18, 2017, 07:26:55 AM
 #24

I think it will continue for a long time because of the support and large amount of money put into it.

Bitcoin lightning network, RSK for bitcoin smart contracts and a lot of initiatives can greatly improve the infrastructure.

On top of the technologies, ETF initiatives, regulatory acceptance of the currency etc. are also boosting its use and credibility.

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May 18, 2017, 08:09:15 AM
 #25

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

No sir Bitcoin won't die any time soon, while I do understand your concerns that the coins you send were not confirmed and despite paying the required fees I hope, cause sometimes the fees are to paid are higher than what we send. I think you should just keep calm and wait, it's a problem and it's shall be addressed soon I hope, many are facing this problem and I am sure a solution should be coming to change this. Bitcoin is stronger than ever, so do not leave it, just a matter of time. I am positive on that.

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May 18, 2017, 08:37:34 AM
 #26

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
I think bitcoin will die only if the technology will be destroy, or if end of the world comes over to us.
But as long as the internet and technology exist there's no reason for bitcoin to die, instead it will go higher and higher
because people for sure will increase the demand of the usage and features of bitcoin.

                                      
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May 18, 2017, 09:14:46 AM
 #27

I don't think that bitocin will die soon because it is now pumping and the price is very close to 2000 USD mark and i think there is nothing that can stop bitcoin and it will continue to rise until almost all the stores and people use and prefer bitcoin rather than the fiat because of its features. Bitcoin will only die if there will be no user of bitcoin.

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May 18, 2017, 09:18:46 AM
 #28

 I don't think it will die anytime soon, adding the to the fact that it's the oldest cryptocurrency, so I just assume that it's going to live longer than we all expected
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May 18, 2017, 09:21:13 AM
 #29

I don't think it will die anytime soon, adding the to the fact that it's the oldest cryptocurrency, so I just assume that it's going to live longer than we all expected

I used to think like you, however, recently, bitcoin constantly shows its delays, it makes people feel distrust. This is a bad thing. If it does not improve, people will leave it, and the bitcoin will die.


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May 18, 2017, 09:25:55 AM
 #30

There is no valid reason to say that bitcoin will die in a short or later. Most users describe it as an bubble which can explode anytime as there is no central authority to control the market. In reality the same is circulating from the beginning of the cryptocurrency existence.

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May 18, 2017, 09:31:17 AM
 #31

When there is a formal prohibition of Trump President to use bitcoin then I'm sure the bitcoin will die soon. USA certainly worry bitcoin beat USD so President trump would prohibit bitcoin.


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Amph
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May 18, 2017, 09:32:14 AM
 #32

again you "raised miner fee" don't mean anything, you are probably still paying under the average, which is far higher now

I am going on 8 days now. Welcome to the club.

seems strange your transaction should be rejected and return under your contorl in 72 hours, you can't remain with an unconfirmed transaction for 8 days
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May 18, 2017, 09:34:24 AM
 #33

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
i've been waiting 2 days to get confirmation. soon or later your transaction will get confirmation.

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May 18, 2017, 09:35:38 AM
 #34

It wont die as there are many adopters .

Regrading Blockchain confirmation yes there is problem But I think It wont Last Long .

Its just a Matter of time .

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May 18, 2017, 09:38:11 AM
 #35

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.

I also agree because bitcoin transactions nowadays are like turtle. In the past it is good and don't have any iisue because it was only starting but many people have used it and many transactions each day was created. Bitcoin will die if this trasaction issues are not aolve in the past month or days. Many peopl right now suffer and will suffer in the future.

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May 18, 2017, 09:41:16 AM
 #36

The issues of unconfirmed transactions and fees have been disscused so many times on so many threads here. If your transactions are unconfirmed try to speed it up through viabtc.com and for the future choose wallet where you can control the fees.
But this is not the reason the Bitcoin will die, this issue can be solved.

Nope this kind of issue will not cause bitcoin to die because this issue are happen many times yet the in charge person always find way to solve it and many people has overcome it. Since bitcoin is not yet fully polished there will be many issues that will come out yet in every issue there is always a solution. Just wait.

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May 18, 2017, 09:56:33 AM
 #37

I think no.Because Botcoin is very useful for us and it is very popular in hole word.So we should not say that.
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May 18, 2017, 10:07:16 AM
 #38

The issues of unconfirmed transactions and fees have been disscused so many times on so many threads here. If your transactions are unconfirmed try to speed it up through viabtc.com and for the future choose wallet where you can control the fees.
But this is not the reason the Bitcoin will die, this issue can be solved.

Nope this kind of issue will not cause bitcoin to die because this issue are happen many times yet the in charge person always find way to solve it and many people has overcome it. Since bitcoin is not yet fully polished there will be many issues that will come out yet in every issue there is always a solution. Just wait.

I agree with you. Skeptics will consider every little problem as something grandiose. But on Mom, it's not as bad as they want. Bitcoin is alive and this is indicated by people's interest in him

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May 18, 2017, 10:42:39 AM
 #39

It is here to stay, at least for a while. It's becoming or already is a world currency.
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May 18, 2017, 12:43:54 PM
 #40

It is here to stay, at least for a while. It's becoming or already is a world currency.

Exactly, it is gradually accepted by many countries, there are too many advantages to it to continue to grow, do not worry about the existence of bitcoin, you just wasting time, think of ways to make money from it.


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