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Author Topic: Will Bitcoin die soon?  (Read 43093 times)
Bowly88
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July 01, 2017, 05:36:27 AM
 #381

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 also think that bitcoin will not die, it is our future, even if it is, something will just replace it with another form of cryptocurrency. Now I'm sure that it will not be dead because the value of it is still increasing day by day. And if it dies what will happen to those who own a lot of it? The investors and their bitcoin investments will be all gone too. They won't let that happen they are business.

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July 01, 2017, 06:13:07 AM
 #382

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 also think that bitcoin will not die, it is our future, even if it is, something will just replace it with another form of cryptocurrency. Now I'm sure that it will not be dead because the value of it is still increasing day by day. And if it dies what will happen to those who own a lot of it? The investors and their bitcoin investments will be all gone too. They won't let that happen they are business.
The value and demand for bitcoin is not permanent and most of them are just here because of the hype of news or being fear of missing out (FOMO) but we can see the real value of bitcoin after at least 10 years because, right now, bitcoin is still hard to tell if the things are real or just a hype but after a few years we will see the real image of bitcoin in the market and also from the people.

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July 01, 2017, 06:28:51 AM
 #383

Confirmation is a big and hassle BTC problem. There's traffic you know. Many people are heating up angry with that unfixed problem. They should think of a way to solve that. I hope come August 1, that will become a thing of the past. Well, it won't kill BTC though. BTC is still an infant so to speak. No need to want it dead. Let it grow first.  Wink
I am sure that the transaction fee plus the amount of time it requires for the transaction to get confirmed will not be that much of an issue if the price of Bitcoin gets up to a few hundred thousand dollars. People wouldn’t want to spend their Bitcoins then since it will be too expensive.

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July 01, 2017, 06:47:38 AM
 #384

Indeed it's annoying, i've experienced it but not too often, because i switched to medium fees now. Whether you use low fees on it, usually it happens because it uses low fees.
And I think Bitcoin will never die, some bitcoin accidents are often happening but bitcoin will stay close to a lot of people and keep on growing widely i guess.

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July 01, 2017, 06:52:10 AM
 #385

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 also think that bitcoin will not die, it is our future, even if it is, something will just replace it with another form of cryptocurrency. Now I'm sure that it will not be dead because the value of it is still increasing day by day. And if it dies what will happen to those who own a lot of it? The investors and their bitcoin investments will be all gone too. They won't let that happen they are business.
The value and demand for bitcoin is not permanent and most of them are just here because of the hype of news or being fear of missing out (FOMO) but we can see the real value of bitcoin after at least 10 years because, right now, bitcoin is still hard to tell if the things are real or just a hype but after a few years we will see the real image of bitcoin in the market and also from the people.
In my personal view bitcoin now and even after 10 years remain the same with the uncertainty. None can predict the true outcome, one can make a prediction but never assure that it's real growth or a pumping or a bubble. Bitcoin lives long, at least for generations it exists and based on the adoption the years might increase rather than decreasing.


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July 01, 2017, 08:04:53 AM
 #386

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 will never die because it is very useful when it comes in business. In addition to that, It’s impossible to die because bitcoin is money like are real money that has a value that you can it different transaction like paying bills and many more and I think some country already accept bitcoin as a money, so that its very impossible that bitcoin will die in the near future.

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July 01, 2017, 08:09:03 AM
 #387

i never think about that, bitcoin will be raise and raise. Bitcoin will always be needed in the world, though bitcoin depleted will still be needed for the history of the development of virtual money in the world.

It never came to my mind that bitcoin will die soon. This crypto is very strong and this is the first crypto coin that has been ever made. The foundation is totally strong and there's a lot of rich people behind this coin so I really don't think and don't have to that it will die, whatever happens it is not going to happen.

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July 07, 2017, 02:35:28 AM
 #388

i never think about that, bitcoin will be raise and raise. Bitcoin will always be needed in the world, though bitcoin depleted will still be needed for the history of the development of virtual money in the world.

It never came to my mind that bitcoin will die soon. This crypto is very strong and this is the first crypto coin that has been ever made. The foundation is totally strong and there's a lot of rich people behind this coin so I really don't think and don't have to that it will die, whatever happens it is not going to happen.
Also people that say they want bitcoin to die most likely want an altcoin to take its place, but if bitcoin were to die then most likely we will see the death of most altcoins too, as most people will try to get out of the market of cryptocurrencies as fast as they could, those that wish for the death of bitcoin are not really seeing the whole picture of what it may happen.

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July 07, 2017, 02:46:27 AM
 #389

The sign of the bitcoin die soon it looks like there has been no stable prices, seen in the range $2500, as long as there are no important issues about bitcoin, I'm sure, that bitcoin can last at least 10 years.

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Vixmore
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July 07, 2017, 04:26:21 AM
 #390

No! Why would it die?

It has sustained itself for quite some time, and its popularity has only been increasing. That is the very foundation of bitcoin itself - its users. Without them, bitcoin would 'die'. But the only way this was to happen is if everyone suddenly deserted it, which I am sure won't happen any time in the near future.

Also, countries are now adopting bitcoin as an official payment method, meaning that its popularity can only rise. It makes sense to use bitcoin in most situations as opposed to a normal currency. The decentralisation that bitcoin offers is also a great advantage that its users enjoy. This is why we can only see its popularity increase in the future.
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July 07, 2017, 04:34:10 AM
 #391

I don't think BTC is gonna die soon. A very young invention, a promising one at that, with a great future ahead, why will it die then?

I mean, why don't we show our all out support to an invention that is breaking the record of easy and anonymous transactions?
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July 07, 2017, 10:39:10 AM
 #392

Bitcoin is quite popular. However, due to unsure security issues, eventually many countries are banning the presence of Bitcoin. There are many factors that make the fate of Bitcoin already end of the horn, one of which is the failure of the world community to address the presence of Bitcoin.
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July 07, 2017, 11:13:00 AM
 #393

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

  This is just nonsense, bitcoin never die and never will. Many people have invested on it and just because the translation took so long won't make bitcoin die. There are many people who are also in the same position as you, the only thing that you can do is wait. The only thing that i can think that bitcoin will die is if the government will block or shut down bitcoin and if the internet will shutdown. No one can access it if it happens, but just simple thing like this won't make bitcoin die. I hope people will know and learn that.
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July 07, 2017, 11:14:00 AM
 #394

The sign of the bitcoin die soon it looks like there has been no stable prices, seen in the range $2500, as long as there are no important issues about bitcoin, I'm sure, that bitcoin can last at least 10 years.
Yes, and longer for sure.
I don't see any reason why it would die. Fluctuation in price has been a characteristic of bitcoin since it was first launched and that's what attracted many investors with the hope of quick profit.
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July 07, 2017, 11:17:41 AM
 #395

I don't think BTC is gonna die soon. A very young invention, a promising one at that, with a great future ahead, why will it die then?

It can die, there's no permanent in this world even the strongest strongholds are even falling because of natural calamities. And comparing it to bitcoin, don't be confident that it's not going to happen. But if we keep on being optimistic chances of dying is low or it can be into zero soon.

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July 07, 2017, 11:26:07 AM
 #396

The sign of the bitcoin die soon it looks like there has been no stable prices, seen in the range $2500, as long as there are no important issues about bitcoin, I'm sure, that bitcoin can last at least 10 years.
Calculate on how long bitcoin has been established. The price of bitcoin now is good at $2,500 but still no idea on how long it is going to take place. But as we go near to the halving and the supply limit is near to 21 million difficulty of mining bitcoin is going to increase. Supply will be lesser and the demand will be increasing, so I don't see it will die.

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July 07, 2017, 12:01:54 PM
 #397

It is suck that bicoin transaction fee is very high and slow to confirm, but there are still so many people using bitcoin, so it is still far away from die and you can see the price still stable, and more country is accepting bitcoin
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July 07, 2017, 12:21:25 PM
 #398

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
So according to my knowledge and market signs, I don't think Bitcoin is going to die soon, at least it will survive in next 5 - 10 years untill people can find a way out to replace Bitcoin with some else coins.

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July 11, 2017, 05:42:57 AM
 #399

Chances of bitcoin to die, is very much low though the possibilities are there. As of today, If you look at it many people are now engaging themselves in this market and a lot of them also are investing. Which is favorable in the industry. Also, The way that Bitcoin penetrate the market today is very much aggressive and the fact that some countries do already recognize BTC as form payment gives a huge impact in the industry. Furthermore, the thought of bitcoin to die soon is still a blur and most likely it would never happen.

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July 11, 2017, 05:50:05 AM
 #400

bitcoin wont die bro, relax.. everything goes to a segwit phase sooner or later
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