Bitcoin won't live to see the next 10 years

[stompix]

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.

You can declare whatever you want this is the beauty of it.
Right now we have a declaration of war and is called Bitcoin Gold.

The problem is who will follow and how important as market share volume investment and others those people are.
If the user base moves to bitcoin gold the war is won and miners can stick with their sha mining asics.
If nobody gives a damn about bitcoin gold the war is lost and we say by by to another failed altcoin.

And of course there will always, no matter what algorithms you use, a so called asic that will do the hashing a lot faster and cheaper than the average computer. The problem is the difference is hashing power.
Even now it is possible to build asics specialized for other algorithms but you will have to build a machine that does nothing else and only gives you a 4 to 5  more hashing power than the gpus you could buy with the same money.

[jimn]

No, I think bitcoin will live a lot more than the next 10 years. Its growing up daily and the community is also supporting it and its price keep rising as well. There is many factors proving that bitcoin will survive for so long time.

[hurain]

I think Bitcoin only die when there are no internet anymore ). 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.

I think it is now almost impossible that Internet will down for ever.Internet is now even available in the most backward countries of the world. so it cannot down forever. i think bitcoin will even survive with more high price even if all the supply of bitcoin is over. then the demand of bitcoin will increase and the supply will then surely decrease which will also cause the increase in the price of bitcoin.

[dutchkay]

I voted yes and I believe it will last that long. I also think that Bitcoin is in its early days. More prices are to be seen.

[aholenewcoin]

The hard fork so far has only seemed to strengthen the crypto economy so I think It will only get better

[castiel0504]

Voted - YES

Bitcoin is/and will be Founding Father of all future Cash/Shit/Gold/Bit/Seg/< insert here any future hard fork name that is going to happen >

[MMA]

The hard fork so far has only seemed to strengthen the crypto economy so I think It will only get better

I can also expect so. i think that even the next hardfork will also make bitcoin more strong and reliable. people will continue taking intereste in bitcoin and which will even make bitcoin more reliable and secure for trading.

[jiamileshuai]

I'm sure yes, because we see now the growth of bitcoin users in various countries. If bitcoins are not yet acceptable in most countries, this is the process. Not all things can be directly accepted by humans, there must be gaps. But when viewed, bitcoin is very prospective and helps and facilitates transactions and investments in the sharing of areas.

[cioloxl]

Voted 'yes'. I presume Bitcoin will still be around in 10 years but probably won't be the leading coin in the world of cryptocurrencies anymore. It is getting outdated as you sort of mention in the OP and other, better performing altcoins are already emerging rapidly. BTC dominance in the total market capitalization is 49% nowadays, a huge drop compared to the 80 - 90% we've seen up until march this year.

That is just the marketing maturing. Bitcoin is neither going away nor becoming obsolete. Lightning is essentially smart contracts. If bitcoin gets killed by a clone, and not something completely different, like eth, that means it must be due to some economically catastrophic decisions taken by the core devs. Which, unfortunately, is not unlikely. But I have faith things will have already settled down in 2018.

[BeerPanda]

whaaaat ? why do you think so?

[requitix]

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

I do believe that BTC will live on forever. As long as we have electricity BTC will be here.

[Darker45]

I think Bitcoin will continue to exist in the next 10 years. It will not even slow down its pace during that time. That will probably be a time of a very widespread and well-accepted Bitcoin. 10 years from now, more and more countries are already accepting bitcoin and other cryptos. The value of each BTC might already be in the $50,000 or more within 10 years.

[Gabb]

It is true that to speak of any crypto currency in the long term is very risky, however the conditions seem given for bitcoin to reach 2027 with great health and success because despite the multiple adversities that it has faced, it has been able to sustain itself as the most popular of all despite the new and versatile coins that are appearing. It is true that there will be many more obstacles to overcome, but fortunately things have worked relatively well so far, and I believe that everything that comes will be for the good.

[thet]

I don't know if bitcoin will last long. Let us all wait and see for the upcoming years of bitcoin. I will just continue to trade until btc and alts exist.

[senin]

Bitcoin will in any case live to the next ten years. If his support team does not eliminate his shortcomings, then the new altcoins will take his place as the leader of the crypto currency, however, I believe Bitcoin will continue to exist for more than a decade. So, everything will depend on which crypto currency is technically more perfect.

[chichigirl]

Bitcoin will last long, it will survive and the price will continue to rise. I can see a greater future for bitcoin users that someday digital currency will be spreading in the world.

[mace15]

Bitcoin will last long, it will survive and the price will continue to rise. I can see a greater future for bitcoin users that someday digital currency will be spreading in the world.
[/qoute]
I am seeing bitcoin will be live in the more upcoming years. With it's price seems continuing to rise I can see it will be having a great future. The more users the demand is increasing so more likely bitcoin will last longer.

[leppyj]

Yes, bitcoin will still be much around but it might not be as popular as it is right now.

[Ayaancool]

In my optimism bitcoin live to see 10 years.It is outdated now,so being a leading coin in crypto market is very challenging for bitcoin.It is especial to give an exceeding performance on bitcoin to survive in the crypto market.Bitcoin could make up 10% of the $5 trillion average daily volume in the foreign exchange market in 10 years,and it's market capitalisation could grow to $1.75 trillion which would make each bitcoin worth $100,000.

[thisappointed]

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

We're not so sure about that. This hard forks that you were saying is like an Airdrop, but you do have a point that it might kill the original bitcoin someday(let's hope not). The reason behind this hard fork is SegWit, correct me if I'm wrong. It seems that they're trying to make a coin that will surpass bitcoin or something looks like bitcoin.

And they just did, we all know about this BITCOINCASH, but I didn't say that it surpassed bitcoin, NO, what I mean is its name sound like bitcoin but is not bitcoin at all. It is like those shitcoin out there.