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Author Topic: How long could bitcoin last?  (Read 23202 times)
The_Dark_Knight
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August 09, 2017, 03:32:12 AM
 #421

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 only end if theres no more electricity to power up things that are connected to bitcoin, isnt it? So my answer will only be bitcoin will live forever, and as years will past bitcoin will be upgraded like bitcoin 2.0
Another possibility is that the internet is destroyed by something or if I have read correctly that a kill switch is activated that stops all the Internet traffic, however I think there are bigger chances the electric grid goes down than the internet, but that is just my opinion.
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August 09, 2017, 04:36:18 AM
 #422

It seems that bitcoin will continue to progress as long as there is an electric current and an internet connection as an access that can connect with bitcoin, the possibility of bitcoin will persist for the next few years, perhaps even until bitcoin becomes a legal transaction tool that can be used by everyone and in various countries.
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August 09, 2017, 04:50:06 AM
 #423

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.
As long as there is a demand for bitcoin the bitcoin will survive, crash can indeed happen but it should which have major impact on the bitcoin making it down very hard.

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August 09, 2017, 04:56:33 AM
 #424

Many people who think Bitcoin prices will continue to rise in the future, because until now bitcoin can be a good investment tool.
One of the reasons for bitcoin prices to continue to rise in the future with the growing volume of Bitcoin transactions each day.
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August 09, 2017, 07:51:55 AM
 #425

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.
As long as there is a demand for bitcoin the bitcoin will survive, crash can indeed happen but it should which have major impact on the bitcoin making it down very hard.
Yes of course, Law of supply and demand should suffice. What make its demands high? Well the accessibility of internet, because through internet people are using bitvoins for faster transactions of payment, and there are lots of ways to earn bitcoin too! It could actually make you for a living. And as of today, there are lots of people use the leverage of internet for a living. So as long as internet won't die, bitcoin continue to survive!
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August 09, 2017, 02:12:06 PM
 #426

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.
Today's society bitcoin can last longer if alot of people encourage to join. Bitcoin is unlimited to everyone and bitcoin is easy to earn so plenty of people to encourage to earn so the bitcoin now is going to be stronger and highly in price . And the price is not going to crash anymore because of this high price and users and consumer.

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August 09, 2017, 03:18:50 PM
 #427

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 me, with the continue rise and fall of the value of Bitcoin, i can say it will survive as long as two person is using it. It can continue as long as there is someone and another one continued to transact with the use of Bitcoin. It is natural for the Bitcoin's prize to spike down but it will spike up eventually then spike down and up again, making an infinite loop. If all the people suddenly stop using Bitcoin then the Bitcoin will die and will just stay in our memory, but what the odd chance of that. So, to answer your question, Bitcoin can last as forever could take if all of us continue to use it.

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August 09, 2017, 03:29:27 PM
 #428

Many people who think Bitcoin prices will continue to rise in the future, because until now bitcoin can be a good investment tool.
One of the reasons for bitcoin prices to continue to rise in the future with the growing volume of Bitcoin transactions each day.
Yes , but all of us doesn't clearly know what will happen in the future and what possibly happens to bitcoins . Now as much as we can make profit balance it don't invest all your money on it withdraw some amount and put it in a bank or have some other investments .


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August 09, 2017, 03:35:22 PM
 #429

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.
As long as there are people that is interested to invest in bitcoin it will not dump eventually. If just people do a good job in earning btc then it would be great for the btc community because it will expand and grow in the future. So I can see that it will last long up to 20 years or more but assured that it will not go smoothly as it takes time.

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August 09, 2017, 05:00:03 PM
 #430

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.
As long as there are people that is interested to invest in bitcoin it will not dump eventually. If just people do a good job in earning btc then it would be great for the btc community because it will expand and grow in the future. So I can see that it will last long up to 20 years or more but assured that it will not go smoothly as it takes time.

20years may be too long already for a cryptocurrency. Although we can agree that bitcoin is a pioneer when it comes to crypto, times are fast changing and probably in 20years, crypto has already evolved way too far and btc may even be obsolete and have been replaced by a different alt? We'll never know really for sure if we look that far to the future

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August 09, 2017, 06:02:54 PM
 #431

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.
Today's society bitcoin can last longer if alot of people encourage to join. Bitcoin is unlimited to everyone and bitcoin is easy to earn so plenty of people to encourage to earn so the bitcoin now is going to be stronger and highly in price . And the price is not going to crash anymore because of this high price and users and consumer.

True. Today society is just like bitcoin. More bitcoin is created to be used by all who dont want to have any interest with bank and influence from governments. On top of that we see that bitcoin is going in right direction, for this I mean that countries are allowing bitcoin to be used in every day transaction and purchases, like we have Japan. They made first step and next year we will be hearing from more and more and by 5 year major countries will use bitcoin in every day trade.



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August 09, 2017, 06:24:35 PM
 #432

People decision, if we continue working and using them they will be able to stay with us for a long time, this doesnt's mean that there will be a positive scenario in the future, but their existence will remain.
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August 09, 2017, 07:47:24 PM
 #433

No one can give an exact answer to this question, but I think that bitcoin will still exist for several years until I get rich from the rapid price growth. After all, if you look really, then it will not grow all the time.
Actually, bitcoin lasts forever. Bitcoin is based on the internet and as long as the internet keeps working, nothing can harm bitcoin and bitcoin will still be there no matter how the earth will be. What we are considering about is the price of bitcoin. When will bitcoin become worthless ?
I am very grateful that I can make money using crypto currency. But for today I am worried about what is happening in the field of cryptography and therefore Bitcoin is at risk, in my opinion. Therefore, I Carefully earn and put everything in real money. Until I'm sure of tomorrow, I'll be cautious with the crypto currency all the time.
I don't think so Bitcoins are facing any kind of risk about their existence. Yeah, it is sagacious to be careful with crypto currencies but getting worried about the existence of bitcoin is quite useless and absurd. Currently Bitcoins are ruling the crypto market and soon they will be made legal around the world. Bitcoins are yet to bloom at peak.
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August 09, 2017, 09:08:03 PM
 #434

I think bitcoin can last a long period of time.it can last because it is so valuable and simple to use .and its price is amazing.
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August 09, 2017, 10:13:36 PM
 #435

 Personally  my believed is that bitcoin has come to stay and bitcoin is unstoppable although the price of bitcoin is rising for now  and it is likely that there will be price flaunctuation or corrections this shows that bitcoin is going to last till eternity and everyday bitcoin is getting more attention especially with exchangers, forex brokers and binary brokers too are involved all these are giving bitcoin hope as a strong digital currency.

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August 09, 2017, 10:23:38 PM
 #436

bitcoin last forever, because it is just starting for bitcoin, bitcoin just step in to the global market and in future it will rule the market.

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August 09, 2017, 10:42:05 PM
 #437

bitcoin last forever, because it is just starting for bitcoin, bitcoin just step in to the global market and in future it will rule the market.

Since 2009 bitcoin is unexpected to grow this big and went this far. No one knows on how long bitcoin could last but we shouldn't be thinking about this thing for today as it's very clear that bitcoin can last a life time depending on how the market will react. People's satisfaction are just changing so expect the changes in the future.

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August 10, 2017, 12:53:20 AM
 #438

Bitcoin will last when users last. Bitcoin depends on the people who invest,sell and buy. Though Bitcoin is unpredictable and risky, i can say that it will take more successful year before it crash. Asking question like thar really dont get an answer, we cant imagine what the future may bring, but looking at its history we can say that its abput time to put our trust amd money in bitcoin. Regardless of what will happen we must be hopeful that this will last forever. Be wise on handling your investment thats what i can say.
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August 10, 2017, 03:28:41 AM
 #439

I predict Bitcoin will last for the rest of Humanity.

However in the future people will only have a very small amount of Bitcoin.

Almost no one will be able to afford 1 Bitcoin. Only the richest people, like millionaires.
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August 10, 2017, 08:01:02 AM
 #440

I predict Bitcoin will last for the rest of Humanity.

However in the future people will only have a very small amount of Bitcoin.

Almost no one will be able to afford 1 Bitcoin. Only the richest people, like millionaires.

Maybe, that's why we should be all wise in handling and using bitcoin because if not we all end up empty handed.
So when the day reaches to its end we have something to get.
On the other side, bitcoin will last as long as there's a demand of the users and there's supply bitcoin will definitely survive. And if bitcoin reaches its limit we should be more value bitcoin as it will surely cost a lifetime.

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