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Author Topic: Will Bitcoin die soon?  (Read 43353 times)
faceoff97
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August 21, 2017, 09:22:56 AM
 #921

Bitcoin wont die, there would possibly hard fork that will happen but this doesn’t mean that it will crash the bitcoin. Many investors are putting their wealth at it, that is why the system would really strive hard to sustain and fix all the splitting and forking issues. Fork may cause high transaction fee but this neccesarily mean it will make bitcoin die. Bitcoin life will go stronger and adaption will take place, lets just see and wait what will happen.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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August 21, 2017, 09:27:40 AM
 #922

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Maybe it happened because of some modifications, and problems are only normal to be encountered since Bitcoin is an open source, I think. And at this moment, it is now working well. It won't die easily, now that it's demand increased and its community is now larger. Also its price pumped a lot since the modifications or fork that happened. Let's just hope that these kinds of problems will be fixed immediately as possible.

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August 21, 2017, 02:06:16 PM
 #923

More one day, and the Segwit will active, i dont understand whats the preoccupation, the only problem will be the hardfork, but this will be only active in months, and im sure the forked altcoin will not gain importance like our principal cryptocurrency.
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August 22, 2017, 06:21:54 AM
 #924

I dont really think that bitcoin is gonna die soon, but nobody knows what can happen in a few years... As far as everybody knows here, bitcoin is the main cryptocurrencie, so it will continue growing in the next years, because this is the new era of money people, and everybody must know it.

There's a possibility that bitcoin die in the future, but in my opinion I think before it happen it will takes a hundred years. Because these coming past few days bitcoin shown of a good performance in the market and  I think it was enough to catch up the eye of many investors to support bitcoin. In additional bitcoin is the famous digital currency in the world now so I never think now the dying day of bitcoin.
It is very difficult to make predictions for such an extended periods of time, just look at the pace in which people replace cell phones even if the cell phones are still in prefect working condition, bitcoin is great but to think that nothing better is going to come along in the hundreds of years is in my opinion to be too naive and too optimistic.

Well I agree with you that there could be technology advancements etc. but Bitcoin could also be improved to meet the technological demands of the time either through a hard or soft fork.

You are all right that it is hard to make assumptions and predictions on what the future Bitcoin's hold because we really don't know the factors that will affect it. For example we don't know what the government will do on cryptocurrencies in the future if it will be good or bad. We don't know if Bitcoin will remain the king of cryptocurrencies because every month there are hundreds of ICOs taking place that is reducing the market share of Bitcoin. The best thing to do is to be prepared and be updated on the latest happenings to Bitcoin.
Sorry, but I have different thinking! We are suppose to assume and predict in order to be successful in our futures. Bitcoins will not die. Some of the governments may protest against bitcoins but some will raise their slogans in its favor, especially the Asian ones. Bitcoin will remain the king because its users are increasing with time.
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August 22, 2017, 06:27:04 AM
 #925

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


I dont understand your topic title and relation between the description you have made. Anyway, there is one thing for sure that bitcoin wont die so soon. At least it wont die until government say so or it becomes illegal currency to operate.

The mining fees will be there and should be there because miners are the one who makes you confirm that your trabsaction was passed and the tree is followed. It is not waste money they work for you hard to get it securly transmitted. So its your responsibility how much you want to pay and how fast you want to get it worked.
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August 22, 2017, 06:32:27 AM
 #926

The day hacker's will be able to brute force private keys for wallet addresses in a reliable amount of time is the day Bitcoin will die. Because that will be the day people panic and sell their coins as fast as they can. But with today's technology it is very unlikely that this scenario will happen in the next 10 years from now. But who know what future will bring.

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August 22, 2017, 06:34:34 AM
 #927

I dont really think that bitcoin is gonna die soon, but nobody knows what can happen in a few years... As far as everybody knows here, bitcoin is the main cryptocurrencie, so it will continue growing in the next years, because this is the new era of money people, and everybody must know it.

There's a possibility that bitcoin die in the future, but in my opinion I think before it happen it will takes a hundred years. Because these coming past few days bitcoin shown of a good performance in the market and  I think it was enough to catch up the eye of many investors to support bitcoin. In additional bitcoin is the famous digital currency in the world now so I never think now the dying day of bitcoin.
It is very difficult to make predictions for such an extended periods of time, just look at the pace in which people replace cell phones even if the cell phones are still in prefect working condition, bitcoin is great but to think that nothing better is going to come along in the hundreds of years is in my opinion to be too naive and too optimistic.

Well I agree with you that there could be technology advancements etc. but Bitcoin could also be improved to meet the technological demands of the time either through a hard or soft fork.


Technology does not depend on the forks because right now many new streams of technology are developing like Video streaming, Music streaming, EBook Stores etc. Bitcoin technology is Independent but people are using it for multiple purposes to make more comfortable to people.

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August 22, 2017, 06:38:54 AM
 #928

The day hacker's will be able to brute force private keys for wallet addresses in a reliable amount of time is the day Bitcoin will die. Because that will be the day people panic and sell their coins as fast as they can. But with today's technology it is very unlikely that this scenario will happen in the next 10 years from now. But who know what future will bring.

Looking at all the computation power that has been thrown into achieving this, it can be assured that it won't happen in the next 100 years. Otherwise people would have realized and would have given up on bitcoin already(even if there was a chance for it to happen anytime soon).
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August 22, 2017, 07:23:26 AM
 #929

nope i dont think bitcoin will die... but some investor may shift to alt coins
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August 22, 2017, 07:46:38 AM
 #930

I don't have any doubt about gambling that will die it soon because bitcoin so far is super successful the thjere are lot of users who are using bitcoin for trading and other cyrpto currencies and we are on new generation that technology runs every thing they built a new world with bitcoins.
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August 22, 2017, 07:49:10 AM
 #931

some of the minig pool are scam and you need to be more careful when investing it..
if it is not confirmed for a month totally you've been scamed..
seach if your minig is legit ..
another is bitcoin will not die sooner because it is life and many investors will be affected
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August 22, 2017, 07:56:24 AM
 #932

I don't think bitcoin will die anytime soon some people are just spreading rumors about it ignore them and keep holding it and you'll see the result.
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August 22, 2017, 08:11:33 AM
 #933

nope i dont think bitcoin will die... but some investor may shift to alt coins
if where the money was that's the investors will go but as soon as they are still people behind which still working with this investment bitcoin
will not die and it will continue to resume and many people will rise up more.
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August 22, 2017, 09:44:04 AM
 #934

Everything will die include bitcoin, but before die we must get huge profit and rich from bitcoin, so if we feel get the best profit, better is sale as soon as possible because we never know what will happen tomorrow.



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August 22, 2017, 05:58:05 PM
 #935

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Maybe it happened because of some modifications, and problems are only normal to be encountered since Bitcoin is an open source, I think. And at this moment, it is now working well. It won't die easily, now that it's demand increased and its community is now larger. Also its price pumped a lot since the modifications or fork that happened. Let's just hope that these kinds of problems will be fixed immediately as possible.
I even saw someone complaining that he made a transaction that is still yet to be confirmed since 17 or 18 days now. I can’t really tell what’s doing that. But for sure, that doesn’t mean that Bitcoin is going down. I guess that will be due to people making transaction with low fees or none, and miners not giving their time to confirm such lower craps.
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August 22, 2017, 06:08:37 PM
 #936

Bitcoin died 100 times already, woke up 101 times. 😁
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August 22, 2017, 06:13:42 PM
 #937

this does not even exist in my brain, I mean it does not occur to me, how can it be that as we see bitcoin growth from time to time so powerful, you can see the traffic from the first bitcoin emerging and to this day. I think bitcoin will grow for the future.

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August 22, 2017, 06:16:32 PM
 #938

nope i dont think bitcoin will die... but some investor may shift to alt coins
if where the money was that's the investors will go but as soon as they are still people behind which still working with this investment bitcoin
will not die and it will continue to resume and many people will rise up more.

Investor who may ever no one will never able to touch the bitcoin and it will not fall in front of any altcoin. All we need to do is don't get into ETH smart contracts based project or ICO more in the forum and elsewhere. Please do investment on blockchain based and bitcoin payment gateway to make live ever.
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August 22, 2017, 06:19:59 PM
 #939

this does not even exist in my brain, I mean it does not occur to me, how can it be that as we see bitcoin growth from time to time so powerful, you can see the traffic from the first bitcoin emerging and to this day. I think bitcoin will grow for the future.

it can bro. There are still many things inside bitcoin which are not been solved yet. MOreover, more coins existing have proved that they can perform better than bitcoin. Many other factocs can affect the price of bitcoin and make bitcoin die. Well, maybe not now but in the future, if bitcoin can not make itself better, it will be replaced



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August 22, 2017, 07:46:57 PM
 #940

it's possible the bitcoin to die but we do not know when, so gather a lot of bitcoin in order to earn an income.

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