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Author Topic: How long could bitcoin last?  (Read 23181 times)
Sate Jamu
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September 23, 2017, 04:01:56 AM
 #761

I expect bitcoin to last up to 20 years longer, the thing that can threaten bitcoin is because more and more countries are banned so as to make bitcoin performance slows down.

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September 23, 2017, 04:09:34 AM
 #762

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September 23, 2017, 04:21:01 AM
 #763

Bitcoin only can be going down when all the investors are not interested at all in bitcoin, so if they withdraw all the money from market's cap of Bitcoin. Bitcoin will be totally crashed. Some guys already are trying to do this thing like Jamie Dimon is an example , he tried to low as much as he can the trust of Bitcoin. The big drop valuable of Bitcoin at middle of September is a proof. Mostly guys are trying to do this coming from banks or economic's expert. They just don't believe in the convenient that bitcoins bring back. They just want classic way with real property.
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September 23, 2017, 04:43:05 AM
 #764

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 happen and we should be aware for that, since bitcoin is naturally made for being deflating system in which we cannot expect that ones it has the higher price it will remain as is but instead we should consider it as its initial price but definitely soon it may dump or pump, volatility may be not the reason to shortened the time of bitcoin to exist I think, users maybe, if the users has something to deal more than bitcoin I think bitcoin will crash anytime if that happened.
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September 23, 2017, 05:34:26 AM
 #765

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.

Logically speaking, bitcoin will last until there are still bitcoin users around. Bitcoin is still on the line because it is still patronizing by many users maybe because of its features or whatever. Therefore if we still believe on it or if they continuously upgrade their features like in transaction, bitcoin will last in a long time.

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September 23, 2017, 05:35:39 AM
 #766

I positively hope bitcoin would final forever but its demand from customers and acceptance amid the people is only selecting element for its life and how long would it last.
samputin
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September 23, 2017, 05:40:04 AM
 #767

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.

Yeah the price of the bitcoin can rise up from time to time may be due to its popularity.. but to say how it long.?? No one can answer that because even the experts in this indusrty didn't know how it long.. it just because the value of bitcoin is very volatile. May later the price will goes down or may be it will rise up more..

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September 23, 2017, 05:51:15 AM
 #768

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.
Bitcoin can last Infinite or forever because it is legalized in some country and use by all individuals. Bitcoin will last in very long time because it is very unique compare to other cryptocurrency.
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September 23, 2017, 10:42:16 PM
 #769

It can last for a very long time. Being a new technology bitcoin will be the future of paper money and maybe also of the online payments. It can crash at a "random time" if a big country like USA or China bann it so everyone who use bitcoin will be penalized. That is the only situation where bitcoin can crash
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September 24, 2017, 02:28:12 AM
 #770

actually bitcoin will not die as long as there are people who use bitcoin. the internet is still there and there is akases to open the wallet to send bitcoin. then it can be said bitcoin is still alive
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September 24, 2017, 02:31:05 AM
 #771

It can last for a very long time. Being a new technology bitcoin will be the future of paper money and maybe also of the online payments. It can crash at a "random time" if a big country like USA or China bann it so everyone who use bitcoin will be penalized. That is the only situation where bitcoin can crash
The creator of the litecoin (copy of bitcoin) tweets that from his reliable source that the banning of bitcoin in China is just a rumor and there is no confirmation about the banning of Bitcoin so i think bitcoin will not crash because it is just a rumor. There are still a lot of users of bitcoin in different countries and they can't stop it because bitcoin is decentralized.
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September 24, 2017, 02:45:57 PM
 #772

Bitcoin will last longer so no need to worry about it right now. Bitcoin  prices are on the rise again hitting a near-record value, with the digital currency currently trading at $4,414.31.The volatile cryptocurrency has recovered after dipping back below $4,000, a seven-day low, earlier this week and is edging closer to a record price. Bitcoin's price has remained largely around the $4,000 mark over the last three weeks, but experts remain divided about the price hitting $5,000. It soared to a record high of $4,500 on August 18.  Just invest money now till prices are increasing.
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September 25, 2017, 02:39:09 PM
 #773

I think bitcoin will last a long time, as long as there are still many users who trust this coin as a tool for transactions, investing or trading, as long as bitcoin is still in use many people bitcoin will last long, as time goes by definitely bitcoin will be known by many people and even Now there are some countries that legalize bitcoin, for the future I think bitcoin will continue to grow and expand widely

I think bitcoin will still last for may more years but lets consider the fact that bitcoin will exists dependently on its users well more users the highr the value it will get and I think it is a good scenarion where in people can recieve double amount of profits but then again bitcoin will last approximately 100 years but expect that the system is not the sa!e as before maybe a better one since theyre planning to improve and develop some of its features.
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September 25, 2017, 10:01:17 PM
 #774

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.

Bitcoin will last for a long time i guess as long as the people invest on it and the crowd of bitcoin grows that existence and visibility of the currency will evolve for a long time.
The bitcoin is still growing and it will grow more and more. According to my thinking the bitcoin will ever last because the price of the bitcoin is higher than before. There are a lot of changes occurred till now in bitcoin till now. I like bitcoin for its increasing price and I am sure people like me love to use bitcoin for the increasing price of the bitcoin in short time. The world of the bitcoin will never last.

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September 25, 2017, 11:15:06 PM
 #775

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.

Bitcoin will last for a long time i guess as long as the people invest on it and the crowd of bitcoin grows that existence and visibility of the currency will evolve for a long time.
The bitcoin is still growing and it will grow more and more. According to my thinking the bitcoin will ever last because the price of the bitcoin is higher than before. There are a lot of changes occurred till now in bitcoin till now. I like bitcoin for its increasing price and I am sure people like me love to use bitcoin for the increasing price of the bitcoin in short time. The world of the bitcoin will never last.

Bitcoin keeps growing and getting better by the day and so I'm optimistic it can last for a long time, maybe until a better cryptocurrency technology emerges  and that I don't see happening any time soon.
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September 25, 2017, 11:18:27 PM
 #776

While the blockchain remains inmune to attacks there will be no problems with bitcoins, but there's nothing to do against tech so we don't know certantly what will happen.
yes, as long as blockchain is there, digital currencies should be there as well. But who knows? we are on a state of evolution when it comes to technology and i believe this is the start of the future with just signs on our planet, mankind will always develop better technology than before.
As you said about mankind then mankind have developed and invent a best technology on the earth because crypto currencies have reduced poverty according to previous era.
Nope, I do not think Bitcoin can does that, Bitcoin only useful in countries can supply the people of their country an internet system stable and knowledge to use computer. If you are people from Africa, you never have chance to know these things.

Agreed, bitcoin is only useful if people have access. Just because I tell someone that they have $1mil in a bank account doesn't mean that it is good for them unless they can access that account.
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September 26, 2017, 12:04:48 AM
 #777

If you're asking about bitcoin oh well, like any other things, so long as people use it, it will last. But if it comes to pricing, we can never predict that. We all know bitcoin's highs and lows point so we all know investing in it is but a risk.
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September 26, 2017, 12:07:31 AM
 #778

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.
Since the price is unstable, it can crash anytime and go higher. Also, the sources of bitcoin is only limited. I think after 20 years, after all bitcoins are mined, the price of it will be high because some people may want to buy it in any amount.

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September 26, 2017, 12:25:28 AM
 #779

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.
Since the price is unstable, it can crash anytime and go higher. Also, the sources of bitcoin is only limited. I think after 20 years, after all bitcoins are mined, the price of it will be high because some people may want to buy it in any amount.

So if you think thebprices if Bitcoin will be high after they've been exhaustively mined then why predict its crash in 20 years because it's mining will only be exhausted after year 2140 or so and not 20 years time.
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September 26, 2017, 01:10:56 AM
 #780

For me I think it could last until we all abandon its usage and that's going to be a longer time from now. It's just too hard to speculate on these things but it doesn't look like happening any time soon to me.
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