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Author Topic: Will Bitcoin die soon?  (Read 43353 times)
Vohoanghiep
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June 03, 2017, 01:35:22 AM
 #161

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

You seem to be explaining some of the causes that led to Bitcoin's death. But that will not happen because of the reason you give. With Bitcoin's development history, the reason for that is a bit contradictory. Agreed that bitcoin deals are so long, but engineers are fixing that, there is nothing in this world that is perfect so I think you can handle it. You have to be thankful that from Bitcoin you have made a lot of money to change your life now
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June 03, 2017, 01:38:08 AM
 #162

I don't think he will Die now Probably After Many Years But Now he will Keep Increasing Atleast For 2 Years Wink
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June 03, 2017, 01:45:29 AM
 #163

This is really the problem of blockchain too long to confirm the transactions. I hope they will fixed this as many users are complaining. Mine took 1week to confirm the transactions. I hope they will solved this issues. Needs improvement of bitcoin transactions.
When the usage increases the complications too will increase along side. What makes it good is the support from the development end. Everytime similar situation happens due to increased transaction by the time of price increase. Other times confirmation won't be a big issue. Users need to spend the fee structured by the wallet service, so that can get faster confirmation.

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June 03, 2017, 01:49:24 AM
 #164

I do not think it's possible that bitcoin is dead. Because I think bitcoin is a benchmark of all coin coins that exist. I almost see in all the wallet balance coins were measured with bitcoin prices. So it is not possible this bitcoin to die. Moreover, many enthusiasts from this coin almost all traders, mining and all the faucet, using bitcoin. Impossible bitcoin to die
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June 03, 2017, 01:51:02 AM
 #165

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

Bitcoin transactions are getting slower but that does not mean bitcoin will die. I see that Bitcoin is developing so strongly that for that reason it will disappear. Engineers will try to fix that problem soon so do not worry
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June 03, 2017, 01:59:48 AM
 #166

bitcoin cant die. there is nearly 100 bıllıon dolars ın ıt and ıts growıng everyday. hey dont allow ıt to dıe. offcourse prıze speculatıon wıll be but communıty wıll grow everyday and bıtcoın and all altcoıns wıll be hıgher. and goverments must see thıs and wıll see thıs sıtuatıon. when the tıme pass bıtcoın and some of the alt coıns wıll be more stabe about prıze.
We can't be sure with that mate, I reserve some doubts for the future but I have to ensure I will not risk all my money with bitcoin.
Actually I have most of money in bitoin because I believe it will be big in the future and together I will also grow.

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June 03, 2017, 02:00:40 AM
 #167

As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.
Yes. Bitcoin will never be die. Because it has a lot of investors and supporters. It may having some issues or problem but it will overcome by bitcoin very easily. I think that its issues right now will be resolve as time passes by. Bitcoin has a strong ranking in the market. Someday all problems will be resolve because many people supports it.
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June 03, 2017, 02:15:34 AM
 #168

I do not think it's possible that bitcoin is dead. Because I think bitcoin is a benchmark of all coin coins that exist. I almost see in all the wallet balance coins were measured with bitcoin prices. So it is not possible this bitcoin to die. Moreover, many enthusiasts from this coin almost all traders, mining and all the faucet, using bitcoin. Impossible bitcoin to die
Yeah, the source code of Bitcoin kind of began the digital currency revolution that is going on right now. I would not be that surprised if there was another currency that gets up to #1 on CoinMarketCap though that currency would not have a higher reputation that Bitcoin has.

I like to make money with Bitcoin rather than trying to use a different digital currency because it’s much easier to manage than the other ones that are out there in world today.

 
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June 03, 2017, 03:05:31 AM
 #169


No, I don’t think that bitcoin will die soon. As a matter of fact, bitcoin is becoming more popular and many are still going to be interested in it. Bitcoin is still rising and to “die soon” might be out of the league and will also be unfortunate for the crypto society and that includes me. Bitcoin have surpassed other crypto currencies and still standing strong just like the other remaining crypto. Dying will be a big loss since bitcoin’s future utilization is promising and will be convenient to perform money transactions online globally.

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June 03, 2017, 03:34:45 AM
 #170

for me bitcoin will not die becuase it is now fully established and many private company are already using bitcoin in there transactions.

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June 03, 2017, 03:54:02 AM
 #171

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Pretty normal scene in this current  state of bitcoins and bitcoin network,new big exchange in japan and australia are already launch so expect huge amount of transaction being added making network slow plus spam attacks
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June 03, 2017, 04:32:36 AM
 #172

Bitcoin will die soon and perhaps very soon,.......ever increasing fees for faster transactions that are actually slower?Huh Currently $3 USD for transaction fee is just about my breaking point. Soon others will follow. I keep hearing there's a fix on the way but where, or more importantly when is it??? I feel so betrayed by bitcoin.  Satoshi Nakamoto must be spinning in his grave or the equivalent if he's still alive.
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June 03, 2017, 04:52:34 AM
 #173

Bitcoin will die soon and perhaps very soon,.......ever increasing fees for faster transactions that are actually slower?Huh Currently $3 USD for transaction fee is just about my breaking point. Soon others will follow. I keep hearing there's a fix on the way but where, or more importantly when is it??? I feel so betrayed by bitcoin.  Satoshi Nakamoto must be spinning in his grave or the equivalent if he's still alive.

This is being continuously being there saying from couple of years when it reached first time 1000$ and fall the fall that it will die. We know today where btc stand in the world and its ever increasing demand and price is the perfect example of its existence in the long term as well.
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June 03, 2017, 05:06:49 AM
 #174

for me bitcoin will not die becuase it is now fully established and many private company are already using bitcoin in there transactions.

It won't die, those people that are jealous of bitcoin's success are telling that it will die soon. And with the situation of OP, the delay.

It's not the only reason that bitcoin will die, there were so many people that are keep on saying it will die soon.

Do you think that bitcoin died for a couple of times or for several weeks/days/months?

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June 03, 2017, 05:19:37 AM
 #175

I think not, even bitcoin will last at least 20 years away, are now a lot of people care about and study the bitcoin, even first EXPO about cryptocurrency already existed in Berlin, Germany and this is new era of financial system.
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June 03, 2017, 05:23:51 AM
 #176

Bitcoin has all the things to keep it strong always but my problem is that everything created by man can never be trusted. We are all using bitcoins at our own risks and as to whether it will die or not depends on how we patronage the use of it. If we all decide that bitcoins transactions are going high that it may one day reach $100 per transaction so we want to move  to a low cost crypto coin, then bitcoin will start dying soon. But so far as many people continue to use bitcoins it will continue to exist.
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June 03, 2017, 02:31:26 PM
 #177


No, I don’t think that bitcoin will die soon. As a matter of fact, bitcoin is becoming more popular and many are still going to be interested in it. Bitcoin is still rising and to “die soon” might be out of the league and will also be unfortunate for the crypto society and that includes me. Bitcoin have surpassed other crypto currencies and still standing strong just like the other remaining crypto. Dying will be a big loss since bitcoin’s future utilization is promising and will be convenient to perform money transactions online globally.
Very well said.Bitcoin has made its own trademark.It has gained popularity from all over the world and "soon to die issue" is really an exaggeration.IMO bitcoin has already prove to everybody how useful it is especially for us bitcoin users.In fact bitcoin has done things beyond our expectations.

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June 03, 2017, 02:40:52 PM
 #178

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

That normally happens from time to time and with that little transaction issue, I don't think that'll eventually killed the entire ecosystem of Bitcoin Smiley
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June 04, 2017, 04:07:59 PM
 #179

I think not, even bitcoin will last at least 20 years away, are now a lot of people care about and study the bitcoin, even first EXPO about cryptocurrency already existed in Berlin, Germany and this is new era of financial system.
Yes I agree and I think so too. The bitcoin is the financial system of the new era, it is not gonna die in fact it is going to grow more. People who think that the bitcoin will die have basically weak analyses of the bitcoin or I will say they analyze the bitcoin with the wrong tools.

This is very important to understand that the bitcoin is not only a currency but it is as a whole a new financial system introduced to the world.
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June 04, 2017, 04:12:35 PM
 #180

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

The OP is misleading with thread title. The post does not say much about the title.


Well, we are in a world where anything is possible to happen. Pre 2009, nobody knew anything about Bitcoin. It wasn't even in existence at that time. Now, look at it taking the world by storm and towering over the dollar, the euro and pounds sterling. No one believed it could achieve this level. Now, here it is. So, who says Bitcoin can't be gone in the next few years just the way it came? It's possible, with all its transaction problems and backlogs. It could die...

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