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Question: Do you think bitcoin will live to see the next 10 years with all these new hard forks?
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Author Topic: Bitcoin won't live to see the next 10 years  (Read 2953 times)
rocoloko
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October 14, 2017, 08:16:23 PM
 #101

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Do you think bitcoin will live to see the next 10 years with all these new hard forks?

Sure it will  Grin
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October 14, 2017, 08:28:24 PM
 #102

It sure will and even further due to the consistent growth in market volumes and value. There's nothing stopping bitcoin at the moment as we all can see and so i don't se any reason why it will  not live to see many more years ahead of us. Even if a rival coin (altcoin) with a different technology should emerge on the scene it will take a long time  for it to dethrone bitcoin.
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October 14, 2017, 09:01:09 PM
 #103

in my opinion bitcoin will be able to last for the next few years and it seems that no one can replace bitcoin to be at the top of cryptocurrency, its population and its popularity can not be replaced by other altcoins that are in cryptocurrency.
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October 14, 2017, 10:01:31 PM
 #104

Quick Disclaimer:
1. I'm not here to support any shitcoin.
2. We're all gathered here because of bitcoin, so it's hard for me to see it fading way.

Bitcoin was designed not be fully anonymous since transactions were open permanently for the public to view.
Authorities and security agencies were able to trace the bitcoin owners based metadata and transaction pattern, history and so on.

Some developers understand this issue and they go ahead to create some new altcoins which they are fully anonymous by implementing new hashing algorithms on their very new altcoins such as Dash, Monero, Zcash and Zcoin.

So why the bitcoin "hard fork" instead of updating the original bitcoin core?
Forked coins like BitcoinCash & BitcoinGold are moving from ASICs to GPU mining for faster transactions, why not BTC?
Why not update bitcoin mining algorithm to Equihash (zk-snarks) like Zcash and the next upcoming Bitcoin Gold BTG? 

Instead of updating the original bitcoin core to have more secure and fast transactions with lower xt fee, yet making hard forks!
I think hard forks will soon kill the original bitcoin.
 
What do you think, huh? Share with us what you think. thanks Smiley
You cannot update the mining algorithm just because you want it, if you did that then all the money that miners have invested will be wasted, it will be the equivalent of declaring war on mining and it does not solve anything at some point people will find a way to build a miner capable to mine effectively whatever algorithm you create and then we are going to get the centralization of mining once again.
joshmontford
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October 14, 2017, 10:04:10 PM
 #105

i wrote it somewhere else, but i'll say it again. i believe it will still be here, but not as "powerful" as now

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October 14, 2017, 10:34:40 PM
 #106

I think the next 10 years, bitcoin will not die, and I do not imagine that happening. because just look now, bitcoin is getting popular and attracting many people, let alone 10 years to come ..

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Swoshinima
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October 14, 2017, 10:43:18 PM
 #107

Bitcoin will exist forever!

Some hardfork coins will also have succes, but they won't replace bitcoin.

But there are also some new coins which will be under the top 100 currencies soon.

My favourite one is DeeoOnion, have a look:

https://deeponion.org/

Just ask me, if you want to know something about!
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October 14, 2017, 10:58:45 PM
 #108

More hard forks means better Bitcoin, not only it will live for the next 10 years but even 100 years, what the experts think about the future hard forks? do they think that developers will find a way to control the TX fee abuse by miners or they will keep it the way it is?
After 10 years blockchain will grow bigger than 1TB if ordinary people will have a better technology by then, miners will have a better technology than ordinary people. I think they will start using my activity tokens and eBTC instead of Bitcoin, because Waves is faster and cheaper. Ξ has Putin to support it for a long time, he is a president for as long as I can remember. lol
Bitcoin will exist forever!

Some hardfork coins will also have succes, but they won't replace bitcoin.

But there are also some new coins which will be under the top 100 currencies soon.

My favourite one is ScamOnion, have a look:

https://scamonion.org/

Just ask me, if you want to know something about!
Now have a look. give me 2000 scam onion, there I begged again but this time not for translation. deep lol.

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October 15, 2017, 02:59:37 AM
 #109

YES!!! bitcoin is here to stay... maybe not the top coin but it will be here to stay for sure.

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October 15, 2017, 03:07:35 AM
 #110

in my opinion, btc will live as long as the cryptos live, but the use of bitcoin maybe changed, as the first use of blockchain, btc has an irreplaceable position, which decide it shall be the king for long
raymart0720
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October 15, 2017, 03:33:22 AM
 #111

I think hard forks will soon kill the original bitcoin.
I dont think that Bitcoin hard fork will exceed Bitcoin , Bitcoin core make more improvements and fix some issues in the Bitcoin code and i think this will be a good enough.
If Bitcoin core team change the whole Bitcoin code what will be the value of the Original Bitcoin code that created by Satoshi Nakamoto?
I DONT THINK it will not kill bitcoin
Hard fork made to have alternative coins and make the difficulty of mining and earning it...
There are many altcoins and cryptos are poping out and some of them are successfull
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October 15, 2017, 03:49:58 AM
 #112

i vote yes.
bitcoin will grow stronger in the future
lenj
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October 15, 2017, 04:05:43 AM
 #113

Good opinion. Actually i dont wanna bitcoin is replaced by another coin. But i saw your trade seems like will become true.
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October 15, 2017, 04:11:10 AM
 #114

Bitcoin is going nowhere but up.  It's proven itself time and time again regardless of the improved variations the original muscle is bitcoin. It's pretty much going to be a store of value- and lots of it- for many generations.

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DoublerHunter
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October 15, 2017, 04:44:45 AM
 #115

Bitcoin is going nowhere but up.  It's proven itself time and time again regardless of the improved variations the original muscle is bitcoin. It's pretty much going to be a store of value- and lots of it- for many generations.
This era that we are in is called digital era and this era is when we are going to have a lot of technologies implemented in our life and if we are going to have a lot of adjustments then we can get to the level where we will be fit in digital era. New generations will get benefit of bitcoin and we can see it after a few years because it is slowly starting right now that bitcoin is getting accepted and more and more people are getting aware of bitcoin.
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October 15, 2017, 09:41:41 AM
 #116

in my opinion, btc will live as long as the cryptos live, but the use of bitcoin maybe changed, as the first use of blockchain, btc has an irreplaceable position, which decide it shall be the king for long

Do you want to trade without what? At the beginning of the campaign is the signature.
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October 19, 2017, 07:23:31 PM
 #117

I voted yes. For most of the people, anonymity is not of the essential. Main concerns and biggest issues bitcoin should solve are:
- scalability: number of transactions per second is still low
- fees: expensive for low amount transactions. Those two topics will be probably addressed in the near future with some layer2 solution.
- forks: as much as forks are unavoidable, they can confuse and deter potential users and investors. If they remain as frequent as this year, this might be a problem.
True, strong anonymity is not needed, bitcoin is private enough as it is and with the right steps you can increase that if you are worried about the world knowing what you are buying on the web, what it is essential is to get confirmations a lot faster and make bitcoin easier to use.
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October 19, 2017, 07:36:17 PM
 #118

Actually it is very difficult to predict about something like bitcoins that whether they would survive the next 10 years or not but most probably they will survive till the next 10 years. As Bitcoin could survive the China bans many people believe that Bitcoin can survive many other such incidents, even I hope that Bitcoin survives.
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October 19, 2017, 07:37:09 PM
 #119

Quick Disclaimer:
1. I'm not here to support any shitcoin.
2. We're all gathered here because of bitcoin, so it's hard for me to see it fading way.

Bitcoin was designed not be fully anonymous since transactions were open permanently for the public to view.
Authorities and security agencies were able to trace the bitcoin owners based metadata and transaction pattern, history and so on.

Some developers understand this issue and they go ahead to create some new altcoins which they are fully anonymous by implementing new hashing algorithms on their very new altcoins such as Dash, Monero, Zcash and Zcoin.

So why the bitcoin "hard fork" instead of updating the original bitcoin core?
Forked coins like BitcoinCash & BitcoinGold are moving from ASICs to GPU mining for faster transactions, why not BTC?
Why not update bitcoin mining algorithm to Equihash (zk-snarks) like Zcash and the next upcoming Bitcoin Gold BTG? 

Instead of updating the original bitcoin core to have more secure and fast transactions with lower xt fee, yet making hard forks!
I think hard forks will soon kill the original bitcoin.
 
What do you think, huh? Share with us what you think. thanks Smiley

Bitcoin is here to stay for a long time... but if not, I'm ready for the next thing, be it BTC 2.0 or whatever.
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October 19, 2017, 07:46:21 PM
 #120

I think Bitcoin only die when there are no internet anymore Smiley). Beside at this time Bitcoin is standing at the 1st place of the coin market and the total supply amount of Bitcoin is still not mined out so I think although there are thousand of hard forks will be happened but Bitcoin still alive for at least next 30 or 40 years when the supply amount of Bitcoin still available.
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