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Author Topic: How long could bitcoin last?  (Read 23181 times)
eann014
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July 22, 2017, 03:16:22 AM
 #161

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
yes i believe that bitcoin will last very long. as long that there are still people who are using bitcoin for an extra income, bitcoin is still here or still will exist. i would never accept if bitcoin was gone, i would be madly depressed if that really happens because bitcoin has been part of my life since i first use bitcoin and earn money with bitcoin. and i am still hoping that bitcoin will be a legal currency one day.
I also believe that bitcoin will still increases its value because until now a lot of people are believing in bitcoin and as far as we all know that a lot of countries are using bitcoin so the value of bitcoin is continue to increase and a lot of people are still into bitcoin and hold huge amount of bitcoin. I think there is nothing to worry about, even if bitcoin will decreases its value I still believe that it will make its way to increase again.  Wink
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July 22, 2017, 03:20:54 AM
 #162

With the current event in bitcoin I think Bitcoin is read to last for a very long time.  They have a great support because of the reason such as being the first mover to decentralized blockchain and being the most popular cryptocurrency.  It will take a lot of time for other cryptocurrency to overtake Bitcoin and with that, Bitcoin will continue to be the leading cryptocurrency.

It will be like this. Bitcoin made revolution and like in every aspect of life revolution will last. He will be here for very long time, even after our lifetime. Bitcoin is ment to replace someday fiat and if techno revolution continues as we progress bitcoin will replace fiat, or it will be some other crypto developed by "government".


I don't agree with revolution fact for bitcoin. Revolutions end somewhere but bitcoin will last forever which means it's not a temporary innovation. It's permanent.
Bitcoin lasts forever but nothing can ensure that its price will remain above $2000. And if bitcoin does not have a good price, you can say that bitcoin is death Wink Hope that it will always have a good value on the world market
If it lasts forever, you can be sure that being above $ 2000 will be the least of the problems.

Bitcoin is pretty volatile, it will rise and just after a minute it may have a great dump, you must be really active if you are investing in such digital currency. So you can't say that if bitcoin don't have a good price, it is dead, no, it is just an effect if it's volatility. You may wait for another weeks and you can see how will it pump.

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BitcoinPC
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July 22, 2017, 09:20:29 AM
 #163

It's a bit of a confusing question isn't it? What exactly are you asking? The digital currency as long as there's a box to mind it as long as there is a box to move it to another box then it'll be there it's not going anywhere you can burn all of the coins in the code still exist matter fact you can actually destroy all the computers as long as there's one single computer on this planet that has the original core or the updated core in it then it exists.
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July 22, 2017, 09:24:44 AM
 #164

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

What you fear can happen. Everyone was afraid of that so they sold out all the BTCs they had. But I still believe that Bitcoin will grow in 20 years. I do not think it will die so fast and they will not let it die like that
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July 22, 2017, 09:35:13 AM
 #165

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

What you fear can happen. Everyone was afraid of that so they sold out all the BTCs they had. But I still believe that Bitcoin will grow in 20 years. I do not think it will die so fast and they will not let it die like that
There is no strong reason as well no way to quit mining. As the days pass technology is advancing, so there won't be a situation where the technology gets degraded. So as long as the technology grow the mining is possible, so the bitcoin lasts long without any issues in growth. In between some digital tokens might grow potentially, but the same won't cause anything bad on bitcoin's growth.
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July 22, 2017, 12:51:19 PM
 #166

I think Bitcoin will be around for more than 30 to 40 years for sure and it will become extremely popular in coming 2 to 3 years. One can expect tremendous growth from Bitcoin and its price is expected to show a massive growth in 10 years.

I agree with you fully...
since it has been popular and accepted in recent years so that it can be assumed that Bitcoin will last long. day by day it is getting available at everywhere, many developed countries are considering it to allow as a legal currency, already Japan has declared as legal currency, South Korea also has taken it seriously to allow it... so the future of bitcoin is certain from my point of view...

I agree Bitcoin will be around 30-40 years and will get higher
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July 22, 2017, 12:55:22 PM
 #167

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

I think it will grow in the future. It can not disappear easily because they have made it difficult. So, invest in Bitcoin and trust it. It will help you get rich if you have the courage

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July 22, 2017, 02:36:38 PM
 #168

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
Probability is that bitcoin could either reach very high price or it could become worthless.Bitcoin's price is now increasing due to its increasing demand.Demand has increased a lot after its legalization by japan and now more countries like india too are in the list to legalize bitcoin soon.Mass adoption of bitcoins is taking place all over the world.Bitcoin price could only crash when there is no demand for bitcoin.But we could not see such a situation now.So its hard for bitcoin price to crash.
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July 24, 2017, 10:26:44 PM
 #169

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

I think it will grow in the future. It can not disappear easily because they have made it difficult. So, invest in Bitcoin and trust it. It will help you get rich if you have the courage
I have faith in bitcoins too. Bitcoins are going to last forever. They are latest digital currency. Bitcoins are benefiting people all over the globe. Even they still got to attract more people. It would be really difficult to eradicate bitcoins from the face of earth. In the near future, bitcoins are going to rule the world by being the most trusted and used digital currency.
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July 24, 2017, 11:30:33 PM
 #170

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

Because fewer bitcoins will be printed each year, the value per bitcoin should keep increasing. This is especially true since fiat currencies are subject to inflation.

There will be fluctuations depending on supply and demand from traders and investors, but the overall trend should be up.

 
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July 24, 2017, 11:43:36 PM
 #171

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

I think it will grow in the future. It can not disappear easily because they have made it difficult. So, invest in Bitcoin and trust it. It will help you get rich if you have the courage

Imagining and remembering the huge money that is backing bitcoin is enought to see that bitcoin will never last and disappear. It became the strongest digital asset and will maintain this forever.
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July 24, 2017, 11:56:34 PM
 #172

Bitcoin can last a life time.

Everything in the market is going to depend on the feed back of the people, users and investors.

If most of us will support bitcoin very strong, then we will see bitcoin last a life time just like gold.

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July 25, 2017, 12:08:05 AM
 #173

If you ask for certain answer, no one could predict how long bitcoin could last due to we are not forecasters,
If you want some prediction, then bitcoin could last forever in my opinion as long as internet still exist due to most transaction of bitcoin going through online network. As the number one, king of cryptocurrency, bitcoin will be always the leader of all altcoins as we know bitcoin prices do affect other coins price, when it move up or decline, altcoins prices are following. So, I don't expect for another coin just show up and surpass bitcoin.
The most important thing is bitcoin usability, it has been used for years as medium of exchange such as real money - fiat money which used for daily transactions. And we hope more acceptance from govs that legalizes bitcoin payment in order to support bitcoin environment such as in Japan and South Korean.
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July 25, 2017, 12:49:49 AM
 #174

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
For my opinion, I think the bitcoin will never die and it will last forever. The bitcoin ia now becoming more popular and more powerful than before and that it the reason why the bitcoin will forever exist in this world.

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July 25, 2017, 12:53:57 AM
 #175

As long as there are people who are interested and use bitcoin despite of its disadvantages, bitcoin will last. But we can't guaranteed that it will last forever because all things has its own limit.
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July 25, 2017, 01:14:54 AM
 #176

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
If you look at it in terms of demand then bitcoin will continue to increase. With the limitations of the current amount then most likely in the future bitcoin will be one of the valuable goods in the world. It may be possible 1 satoshi can be very valuable and bitcoin later will be used as official financial payment media. So if the development of bitcoin can be maintained then 100 years also still be very possible.
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July 25, 2017, 01:25:43 AM
 #177

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
Yes,bitcoin has the potential to survive.It has already overcome many critical situations and successfully survived.The only negative thing is that some people create FUD news and try to make bitcoin price fall.In future,bitcoin may have to counter with a threat,quantum computing,may be after twenty years.

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jonosutio
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July 25, 2017, 04:32:01 AM
 #178

In my opinion it will be sustainable until doomsday, because now many are using it.
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July 25, 2017, 04:50:54 AM
 #179

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
If you look at it in terms of demand then bitcoin will continue to increase. With the limitations of the current amount then most likely in the future bitcoin will be one of the valuable goods in the world. It may be possible 1 satoshi can be very valuable and bitcoin later will be used as official financial payment media. So if the development of bitcoin can be maintained then 100 years also still be very possible.

There is nothing impossible with bitcoin to last that 100 years or more, because it's like the world that we lived that is the earth. The people living here benefited the demand that we did on earth. So we csn compare bitcointo the world that we lived right now,  and so if there is life that is present in this earth bitcoin will still be appreciated and will create long lasting demand to people until the end of time.

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July 25, 2017, 05:17:59 AM
 #180

As long as there are people who are interested and use bitcoin despite of its disadvantages, bitcoin will last. But we can't guaranteed that it will last forever because all things has its own limit

Exactly, Bitcoin won't last forever but still I don't think there is any threat for the existence of Bitcoin at least for next 10 years. The potential of Bitcoin, the perception of the people and current growth rate is very much promising. However, in the coming years, Bitcoin will be a step ahead of fiat currencies in terms of benefits and thus I don't think any worst thing is going to happen in the coming period.
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