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Author Topic: Will Bitcoin die soon?  (Read 43353 times)
dwieyani
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July 22, 2017, 04:19:59 AM
 #621

Whether it can be bitcoin will be dead or damaged, if that happens then many will come out dalu before they pay a premium for their transaction fee to fiat.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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July 22, 2017, 04:26:30 AM
 #622

Users are increasingly making the price skyrocket, even japan and south korea officially legalize the use of bitcoin so I'm sure bitcoin can survive at least 20 more years.

Correct, bitcoin has a full backing of one of the most advanced technology country today which is Japan. So I doubt that bitcoin will suddenly go into oblivion. Now with the current price increase, how can bitcoin die again. It will not die until the last bitcoin is mined, so its still many many years from now. We should just enjoy the opportunity that bitcoin has given us. Like earning good amount of money in trading and using bitcoin as savings.

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July 22, 2017, 07:04:11 AM
 #623

I have bought my nephew half a bitcoin. he's 3 at the minute, i wonder what it will be worth on his 18th birthday  Grin

Fifteen years..... That is a long waiting period. There is a possibility that Bitcoin might die, but if that doesnt happen, you are going to have a very rich nephew.


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July 22, 2017, 07:12:23 AM
 #624

We have made sure that we all will not expect bitcoin to die,
This is our income, and we may be confused when bitcoin dies, therefore we must still be able to maintain the popularity of bitcoin in the world.
i don't think that it will  die or there are any chances of it to die in the near future as we see the way bitcoin gain popularity over the years in the whole world and a lot of people from all over the world are connected to it in different means i think that thinking of it to die is such a foolish thing and i think it will flourish to a extreme level in near future and the coming years are better for it in all means.
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July 22, 2017, 07:25:27 AM
 #625

If internet will die then bitcoin will die,so it is never possible.bitcoin is new investment,it gives options for getting money.so i like bitcoin.
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July 22, 2017, 07:46:56 AM
 #626

Yesterday's week was worrying with bitcoin, falling to a great extent, but this week is surprising? Started crawling naek back. It is surprising ... falling fast and rising too fast, it is indeed an idol and many are looking for it.
So is arguably the bitcoin at this time bitcoin dies?
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July 22, 2017, 08:10:00 AM
 #627

As for the activation of BIP91 maybe many supports bitcoin and it tells us that bitcoin has a bulliever and lots of it is happy with the results of the august1 drama. lets just hope that segwit will be activated soon and hardfork will just remain as fud.
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July 22, 2017, 08:16:55 AM
 #628

We have made sure that we all will not expect bitcoin to die,
This is our income, and we may be confused when bitcoin dies, therefore we must still be able to maintain the popularity of bitcoin in the world.

We look like we are maintaining the popularity of bitcoin, but sometimes we are mistaken on how to preserve the popularity of this digital currency.

Many of us save bitcoin so they can have some profits from holding them. From that, we are keeping bitcoin from circulating, that means, we are stagnating them in our wallets effecting on a price decrease. Even if it is not that bad, if all of the users will be doing it, we will be expecting the biggest dump ever happen.


Certainly by forbidding the use of bitcoin will not make bitcoin die, but it will only make the use of bitcoin to be minimal, and maybe prohibiting the use of bitcoin would be impossible as long as we use bitcoin on a large scale.
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July 22, 2017, 08:20:39 AM
 #629

As of now I don't think there a strong reason to indicate that bitcoin is towards death in a short within certain time period. Bitcoin has been growing high in value though lots and lots of digital tokens were coming into the trading market regularly. Till date nothing has moved forward same as bitcoin, so there is no need of any thinking about the death of bitcoin.

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July 23, 2017, 03:13:47 AM
 #630

your problem will be relieved after 1 Aug.
 but bitcoin won't dead , you just said a joke.

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July 23, 2017, 03:27:55 AM
 #631

According to reports 2/3 of bitcoins have been mined and 1/3 lost. If that is accurate information I could see Altcoins becoming more popular. Most people don't realize that you can buy part of a share of a bitcoin. After seeing the $3,000 price tag most don't look further in to it. I believe bitcoin is in too deep to fail. It's already to far along to not work. Now this could take decades to really take off but I think eventually everyone on this forum will be sitting pretty. It might take 10-20 years but if you stick with it the payoff will be worth it.
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July 23, 2017, 04:36:23 AM
 #632

Bitcoin just die if the internet is gone in all over the world, because the bitcoin uses by the internet transaction as well as other crypto currency, that's my belief but do not worry about losing the internet and bitcoin because it will live forever during It is used by people different transactions over the internet in all over around the world so it's impossible bitcoin die
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July 23, 2017, 04:54:52 AM
 #633

According to reports 2/3 of bitcoins have been mined and 1/3 lost. If that is accurate information I could see Altcoins becoming more popular. Most people don't realize that you can buy part of a share of a bitcoin. After seeing the $3,000 price tag most don't look further in to it. I believe bitcoin is in too deep to fail. It's already to far along to not work. Now this could take decades to really take off but I think eventually everyone on this forum will be sitting pretty. It might take 10-20 years but if you stick with it the payoff will be worth it.

2/3 have been mined and 1/3 are lost? You mean there is nothing left to be mined?
But it will take more years for it to be depleted.
Ain't it great? The lower the number of bitcoins out the greater the value it can have.
It will become more rare and more people will see it like a valuable piece in the world.
It will not die as long as there are people supporting it.

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July 23, 2017, 05:45:12 AM
 #634

Bitcoin is not going anywhere, atleast not in the near future... We may see some other coins with bigger growth during the next years but probably not enough to overtake BTC as the 'main' coin in the crypto market.
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July 23, 2017, 06:30:16 AM
 #635

Bitcoin will not end, even bitcoin will remain in use until the end of time, we can see how the development of bitcoin from year to year

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July 23, 2017, 06:31:41 AM
 #636

There is no sign that bitcoin will die. All signals remain indicate that bitcoin will still continue to be used. People has a big hope through bitcoin because its simplicity.
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July 24, 2017, 02:14:07 AM
 #637

Yesterday's week was worrying with bitcoin, falling to a great extent, but this week is surprising? Started crawling naek back. It is surprising ... falling fast and rising too fast, it is indeed an idol and many are looking for it.
So is arguably the bitcoin at this time bitcoin dies?
Obviously, it’s a big no. Bitcoins can’t perish away at this time. In the current scenario when bitcoins are on way to moon, many people are very much interested in buying bitcoins before the month of August. Bitcoins can’t die for centuries. The world is becoming digitalized day by day, so how it possible that in a world full of technology, bitcoins is will die. Bitcoins are the most amazing digital inventions and are going to rule the world for generations.
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July 24, 2017, 03:14:49 AM
 #638

Yesterday's week was worrying with bitcoin, falling to a great extent, but this week is surprising? Started crawling naek back. It is surprising ... falling fast and rising too fast, it is indeed an idol and many are looking for it.
So is arguably the bitcoin at this time bitcoin dies?
Obviously, it’s a big no. Bitcoins can’t perish away at this time. In the current scenario when bitcoins are on way to moon, many people are very much interested in buying bitcoins before the month of August. Bitcoins can’t die for centuries. The world is becoming digitalized day by day, so how it possible that in a world full of technology, bitcoins is will die. Bitcoins are the most amazing digital inventions and are going to rule the world for generations.


If we think according to the conditions that are currently experienced there is indeed an adjustment to separate the effects of bitcoin unlimited to bitcoin. There will be price adjustments because chainsplit will divide the system through UASF protocol. But this will be the solution of the future and the current price downturn is an impact for a vigilant community ahead of August 1st.
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July 24, 2017, 03:17:14 AM
 #639

I think not because Bitcoin until now still survive and until now the price also getting better. Bitcoin has many investors so coins are very special to them.

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deppil
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July 24, 2017, 03:22:30 AM
 #640

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Absolutely not, on the one hand because bitcoin is making a spike at price level, and on the other hand because the number of people who have confidence in bitcoin and who begin to use it frequently is in a scary growth !
I think user dissatisfaction on bitcoin will create big problems later on, this is a big deal about transaction fee, maybe this dissatisfaction will make the user switch to another cryptocurrency, because it is very possible other coin offer better than bitcoin, and if all Users switch and migrate then bitcoin will die right?
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