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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 2899 times)
whaawh
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May 26, 2018, 09:31:59 PM
 #201

I think if this Bitcoin in the future will always grow for the better, because from Bitcoin is a clear evidence of a changing era of digital technology that we will face and we use in the future.
I would very much like to believe in it, because today it is really impossible to use crypto currency. And all because the majority of the world's population is not ready for such changes.
perhaps a new generation will come, for which the use of crypto currency as a means of payment every day will be commonplace. Of course, today, old people and children will not be able to use Bitcoin and other crypto currency, because for this it is necessary to have not only knowledge, but also technical capabilities.
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djgtr
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May 27, 2018, 04:40:19 AM
 #202

I think if this Bitcoin in the future will always grow for the better, because from Bitcoin is a clear evidence of a changing era of digital technology that we will face and we use in the future.
I would very much like to believe in it, because today it is really impossible to use crypto currency. And all because the majority of the world's population is not ready for such changes.

Indeed the people around the world isn't ready yet for the change of money spending diverted to digital currency, but the possibility has it great advantages in terms of profitable aspects. But don't be too negative for the next 10 years bitcoin still evolve because it has a huge potential that its value will become much worthy of our holdings.
Nick Abimanyu
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May 27, 2018, 06:03:48 AM
 #203

IMO with the emergence of new alternate coins every day, it's a way/solution so that bitcoin can last a long time and funds from bitcoin users, are expected to be shared to some other coins. Unfortunately, the popularity of bitcoin is remarkable so a lot of bitcoin users who ignore the appearance of new coins they insist on sticking to their stance namely by way of Hold and Buy (for those with enough money).
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May 27, 2018, 10:59:09 AM
 #204

I think if this Bitcoin in the future will always grow for the better, because from Bitcoin is a clear evidence of a changing era of digital technology that we will face and we use in the future.
I would very much like to believe in it, because today it is really impossible to use crypto currency. And all because the majority of the world's population is not ready for such changes.


If will try to foresee the future of bitcoin after 10years, we need to do it step by step. Let us relate the current situation and the possible future of the macro and micro factors of bitcoin.
For instance, let us try to foresee the future plans of banks and technological systems.  Hence I know that bitcoin will be much in demand in the future.

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May 27, 2018, 12:58:53 PM
 #205

It is obvious that almost all of the people who voted in this poll are positively voted for the existent of bitcoin in the next 10 years even there are many hard forks happening in this year. We can't say that BTC will not live in the next 10 years without having evidence.
DjTremor
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May 27, 2018, 01:22:18 PM
 #206

It is obvious that almost all of the people who voted in this poll are positively voted for the existent of bitcoin in the next 10 years even there are many hard forks happening in this year. We can't say that BTC will not live in the next 10 years without having evidence.

Bitcoin is close to complete its 10 years from the very beginning of the story. Then it's not a rocket science for bitcoin to survive dozens of years. It will keep existing in the world with great developments!
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July 04, 2018, 06:07:12 PM
 #207

I believe that the world changes very quickly in 10 years, so maybe the bitcoin no longer exists. However, I think the blockchain technology continues to grow strongly, and will become a part of our lives, just like the internet.
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August 12, 2018, 09:02:06 AM
 #208

I believe that the world changes very quickly in 10 years, so maybe the bitcoin no longer exists. However, I think the blockchain technology continues to grow strongly, and will become a part of our lives, just like the internet.

In 10 years bitcoin will be worth not less than $100k, that's for sure  Cool

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August 12, 2018, 03:37:18 PM
 #209

Ten years may indeed be less than that, but the BTC should not die within five years. The BTC may experience two more drops in production.

rocoloko
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August 19, 2018, 07:41:43 AM
 #210

Ten years may indeed be less than that, but the BTC should not die within five years. The BTC may experience two more drops in production.



Why do you think it will be two drops?

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marcbitcoins
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August 19, 2018, 08:18:38 AM
 #211

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

Indeed, there are lot of development for these Alcoins that may affect Bitcoin transactions but the question is that in spite of the progress with these altcoins then why the people still choose to invest Bitcoin than these Altcoins? as we continue to see in the market the huge price and performance gap against these Altcoins. For me, Bitcoin will still exist after 10 years specially that these altcoins are also much affected than Bitcoin during this bearish market. That is why i voted yes too.
South Park
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August 19, 2018, 06:02:34 PM
 #212

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
Time has passed and the prediction has turn out to be not true as many people speculated, those forks have not merit and are just a bunch of copies trying to make money out of the bitcoin name and nothing more, if those developers want to make a name for themselves they will have to do it the hard way like satoshi did it, so lets make this clear no fork of bitcoin is going to surpass the original.

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liseff3
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August 19, 2018, 09:59:31 PM
 #213

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.

We only know that prediction never exists which's accurate.
Of course bitcoin will be obsolete, but obsolete due to age.
 With the end of bitcoin, the effect will affect other currencies, namely Altcoin.
Altcoin's predicted to be obsolete too accompanying its obsolescence the bitcoin currency.
As we know, so far bitcoin has been the only pioneer or shield of all cryptocurrency defense which's spread in the market. What happens if bitcoin is obsolete?.....
Soots
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August 19, 2018, 10:48:37 PM
 #214

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.

We only know that prediction never exists which's accurate.
Of course bitcoin will be obsolete, but obsolete due to age.
 With the end of bitcoin, the effect will affect other currencies, namely Altcoin.
Altcoin's predicted to be obsolete too accompanying its obsolescence the bitcoin currency.
As we know, so far bitcoin has been the only pioneer or shield of all cryptocurrency defense which's spread in the market. What happens if bitcoin is obsolete?.....

Bitcoin will stay stronger and will dominate the entire cryptocurrency, and we need not to worry about what the future 10 years will bring forth. For my positive visions it will be infintely gathering more followers, and there will be no limits for it's capabilities. Bitcoin demand will continue to provide every people the opportunity to have their freedom for financial needs. The entire community depends with it, so always trust on bitcoin and keep a strong faith.
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August 20, 2018, 11:54:41 AM
 #215

It will last for more years because its still our lead crypto for this time. If people would keep on losing confidence about bitcoin , its existence will be limmited for a year or two. Words are so powerful it can take down the leader in just a short period of time.

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August 20, 2018, 02:16:14 PM
 #216

Well it is hard to tell since bitcoin is unpredictable but I will be optimistic because being a negative has no good effect. I think bitcoin will last more than we could imagine because as long as the community is here bitcoin will not vanish. Besides, bitcoin is just starting and there's a lot of things we could might encounter so keep believing.

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August 22, 2018, 10:44:28 PM
 #217

Well it is hard to tell since bitcoin is unpredictable but I will be optimistic because being a negative has no good effect. I think bitcoin will last more than we could imagine because as long as the community is here bitcoin will not vanish. Besides, bitcoin is just starting and there's a lot of things we could might encounter so keep believing.
Many present doubts about the long term existence of bitcoin but I have never seen a person giving an argument of why they think it is going to disappear, even if bitcoin is banned that will only mean that bitcoin will be illegal and yet there are many things that are illegal and that do not disappear, besides I really doubt that bitcoin will be made illegal all over the world since bitcoin is not something that damages people, so many persons will begin to ask questions about why something like bitcoin is banned.

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August 26, 2018, 08:10:22 AM
 #218

Bitcoin will be alive and kicking for more years that we can even imagine  Cool

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August 26, 2018, 09:53:11 AM
 #219

I think it's uncertain because none of this will know bitcoin in the next 10 years or in the future still exists or not but you need to know that the future of digital technology will be created.

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August 27, 2018, 03:08:47 AM
 #220

How can you be sure if bitcoin will never exists anymore in the next 10 years? Remember that bitcoin has already spread throughout the world like a virus, bringing good news and uplifting the economic growth of those countries who had embraced the said technology.

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