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Author Topic: Will Bitcoin die soon?  (Read 43353 times)
evilgreed
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July 24, 2017, 03:56:33 PM
 #681

Not really looking like dying any time soon

People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded.  Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.

Bitcoin isn't likely to die soon, 24/7 trading is what attract many people. Bitcoin has gathered a lot of value until now, and this value is rising over the years, so instead of dying bitcoin can just be more stronger, I also need to add that bitcoin has continually beat the odds, and price movement surprise us all sometimes.
Many people are still investing in bitcoin success, and bitcoin will be major crypto currency for a long time. Who knows what will happen in the future, and maybe some other altcoin can replace bitcoin one day, but that is one big maybe, and that can`t happen in near future.


               I totally believed the same too, as usual an active market is more likely to attract people's interest not only big time investors but also some of the small time, even those merchants are even adapting it because the saw great potential when we say it is active, and now that it is slowly growing i don't think it will die easily.


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July 24, 2017, 03:57:25 PM
 #682

I think bitcoin will not die. Many use bitcoin. The largest community of bitcoin spread all over the world. And bitcoin is the most popular coin among other coins. So I do not think maybe bitcoin will end and die.
I agree with you . Bitcoin will never die because it is using the most advanced blockchain platform in the world, even many banks want to use this technology. Bitcoin is the industrial revolution of cryptocurrency and is the future of the world
Bitcoin is probably not in huge danger right now, for the price is fine. And yet I don't think you are right about blockchain. This platform is too stict, there aren't many possibilities to create something new there. Moreover, I believe dogecoin, for example, has a safer code. Maybe transaction duration will be solved but there are currencies with no such problems at all.

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July 24, 2017, 04:03:25 PM
Last edit: July 24, 2017, 04:20:35 PM by J Gambler
 #683

Not really looking like dying any time soon
Yes bitcoin will never dies indefinitely . We may see it dumping sometimes, last time it hits almost $1800 per btc it think but now who can predict it will go $2800 again. We maybe be upset because of unstable bitcoin value but i believe as long as we want it it will never ever dies. Just trust it and believ on what bitcoin will show to us.

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July 24, 2017, 06:30:10 PM
 #684

Bitcoin will not die, it's just an accident  i guess, next time it will be fine for sure. I've experienced things like that, but it's just only occasionally. Next will not continue to experience like that again. I'm sure bitcoin will stay alive and more enthusiasts for entering to the bitcoin world.
As mentioned bitcoin will not die soon, because the growth of bitcoin is found to be moving forward rather than people getting out of the same. Same time more altcoins have been entering the cryptocurrency trading market, but none has reached a growth level and survival same as bitcoin.
yes! You are right and I am agree with you that the import6ance and the value of the bitcoin is increasing day by day we cannot say that it is going to be down any time the number of the people who use bitcoin is increased more than the number of the people who are selling bitcoin so it is not going to die ever we can see the bright future of the bitcoin clearly.

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July 25, 2017, 12:33:13 AM
 #685

I think bitcoin will not die. Many use bitcoin. The largest community of bitcoin spread all over the world. And bitcoin is the most popular coin among other coins. So I do not think maybe bitcoin will end and die.

IMHO its just only a drama and all is cooperating to project negative effect of the segwit activation etc. Bitcoin is here to stay as long as we realize its importance and uses. BTW bitcoin just recovered from dump already.

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Clark05
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July 25, 2017, 12:50:58 AM
 #686

No bitcoin will not die even they doubt that bitcoin die or decrease in august1 . Its not the end because even the price of bitcoin decrease for sure it will increase again after few days or few weeks for sure the price will back to the current price and it will increase more than the current price. More bitcoin that you have more money to come with us. Hold your bitcoin dont panic because you lose the opportunity to earn .
killgald
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July 25, 2017, 01:01:18 AM
 #687

Bitcoin will not dai any time soon, in fact his value is still increasing and we are waiting a big bump soon in this month.

DevilSlayer
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July 25, 2017, 01:39:48 AM
 #688

No bitcoin will not die even they doubt that bitcoin die or decrease in august1 . Its not the end because even the price of bitcoin decrease for sure it will increase again after few days or few weeks for sure the price will back to the current price and it will increase more than the current price. More bitcoin that you have more money to come with us. Hold your bitcoin dont panic because you lose the opportunity to earn .
Of course, bitcoin will not die. There is no reason why the bitcoin will die. Bitcoin will stay in this forever and it seems that it becoming more popular and becoming more powerful. I agree also to you when you say panic is not necessary and holding is really important.
szpalata
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July 25, 2017, 01:54:30 AM
 #689

Bitcoin will not dai any time soon, in fact his value is still increasing and we are waiting a big bump soon in this month.

Hopefully after the August 1 activation we'd see if we can experience the big pump we've all been waiting for. Bitcoin of course isn't nearing death just yet and I'm optimistic just like many forum members that we are going to see glory day ahead of us.
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July 25, 2017, 03:23:06 AM
 #690

Bitcoin will not dai any time soon, in fact his value is still increasing and we are waiting a big bump soon in this month.

Hopefully after the August 1 activation we'd see if we can experience the big pump we've all been waiting for. Bitcoin of course isn't nearing death just yet and I'm optimistic just like many forum members that we are going to see glory day ahead of us.

Sure, we will see bitcoin in glory, however, the beginning is always accompanied by difficulties, if the bitcoin is divided, its value will surely decrease, it will make many people feel anxious, but I believe it will go up later.

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July 25, 2017, 03:26:56 AM
 #691

Price go down, probably yes, IMHO, Death would be No, however once the fear is over and Bitcoin will start to climb up again.
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July 25, 2017, 03:56:03 AM
 #692

Price go down, probably yes, IMHO, Death would be No, however once the fear is over and Bitcoin will start to climb up again.

Yes that true, its the price only go down but it will never be die, in fact bitcoin now is pumping to skyrocket value again this week and some alt-coins too.

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July 25, 2017, 05:36:31 AM
 #693

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

We are all waiting, and unfortunately I have to adapt to this. I made a transaction three days ago, but it has not been confirmed yet. But bitcoin will not die.
This things are very commonly happened to bitcoin enthusiast, where most of the time transaction of withradwal of bitcoin always gave us delayed conirmation. Now if you are delayed for 3 days it supposed to be back the amount you withdraw where it belongs from the wallet you get it.
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July 25, 2017, 06:12:28 AM
 #694

Bitcoin will die sooner or later,I don't think that's possible
If the price of bitcoin drops dramatically it may happen
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July 25, 2017, 06:17:10 AM
 #695

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 agree with you
If the current bitcoin market situation continues in a long time then I am also worried that the BTC market will disappear or maybe people who have BTC that many of them will hold a trade monopoly BTC
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July 25, 2017, 06:21:24 AM
 #696

Bitcoin will die sooner or later,I don't think that's possible
If the price of bitcoin drops dramatically it may happen

I think rather if the price dips there will be a huge buy and then the price will go up even higher :p
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July 25, 2017, 08:04:38 AM
 #697

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

In my opinion, bitcoin will not die because bitcoin can replace money in the real world into money in the internet world in the future, and bitcoin also makes us easy doing online transactions.
For now, bitcoin transaction need more time to be confirmed and transaction fee is one of key to solve this. You need to increase higher transaction fee if you want to get more faster confirmation.
Example : I send 0.01 BTC, and i set transaction fee for 0.001 and i get faster confirmation. Wooow, transaction fee is so expensive right ? I will say yes, sometime it’s not worth if you send btc in small amount.
And it’s better to be calm and wait more time, if you want have cheap fee. I hope this issue will fixed after bitcoin segwit implemented, and let’s hope segwit won’t give us more tx fee
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July 25, 2017, 08:37:22 AM
 #698

I don't think so, maybe some troubles will occur but still bitcoin will be more improved and more capable of handling more and more users and investors. There may be some changes in August 1 but still I will be sticking more with bitcoin. It is very easy to use and grants you the need you are wanting. We still don't knwo what may happen to bitcoin but all I know is it will be successful no matter what.
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July 25, 2017, 09:48:44 AM
 #699

No bitcoin will not die. You really just need to wait in order for your transmission to transfer. It is just a matter of time. My friend waited almost a month for him to withdraw his .25 btc. And for you btc you just need to wait or try to better the fees in order for it to become faster.

Actually we have two options: we either wait as long as it is needed for transaction with low fee to be confirmed or we can pay 300+ sats/byte and our transaction will be confiormed within 25 minutes. If I were transfering 0.25 BTC I would definitely choose the second option.
Absolutely right, the next 20 years of bitcoin are the golden years for for it.  the next 2 decades bitcoin will rule all over currencies. May be bitcoin face some difficulties competing dollar as in present time Dollar is one of the most popular and strongest currency of the world, but it is depending on the interest of the people if they will give more importance to bitcoin then no doubt that bitcoin will become the most popular currency of the world.  
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July 25, 2017, 10:02:46 PM
 #700

Is it possible?, how bitcoin will die it will rise and down but it will never die.
Yes, bitcoin's fluctuating of price is needed for the people who search profit from trading, because of bitcoin's price fluctuating doesn't mean bitcoins will be died, that is something difficult because many people, corporations had made investing in bitcoins and many innovations on bitcoins to makes easy to be used for all of peoples include fix bitcoin's network with the activation segwit2x on it.
Changes in prices rise and fall are a natural thing in the bitcoin market, it will not make the bitcoin die because the fluctuations will continue to occur. But the possibility of dead bitcoin will continue to exist, we do not know the reason what will make bitcoin will die, but for now bitcoin is impossible to die

To think that bitcoin can die because of the price variations is ridiculous, bitcoin is very resistant and a few changes in the price are not going to do anything to bitcoin if anything that will make bitcoin even more popular since traders like markets that move a lot since that allows them to get a lot of earnings with their trades, so bitcoin is going to be around for a long time.
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