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Author Topic: Bitcoin will die?  (Read 1751 times)
chicobr
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November 16, 2017, 03:38:10 PM
 #81

haha, look at the price now: https://coinmarketcap.com/. Bitcoin has revived and reached $7500. Nothing can kill Bitcoin, even Bitcoin cash. haha
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Baoo
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November 16, 2017, 03:42:17 PM
 #82

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?
 


In this moment ,bitcoin has become a big important for the world and it will never end because there's a great interests for some categories to stay bitcoin grow.
carriebee
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November 16, 2017, 04:30:59 PM
 #83

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?
 


In this moment ,bitcoin has become a big important for the world and it will never end because there's a great interests for some categories to stay bitcoin grow.
Bitcoin will not die as the price now is still moving up. Yes it become important because bitcoin has helping many users. It will still exists since users continue to support.
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November 16, 2017, 05:21:40 PM
 #84

a lot of people ask the end of the bitcoin, but I think bitcoin will continue to live for the 5-year again, I see a lot of people who join forum bitcoin, and it also add age bitcoin in the future.
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November 22, 2017, 05:32:41 PM
 #85

of course not. The price of bitcoin mostly as of now depends on the law of supply and demand and we can all say that bitcoin is the most used cryptocurrency as of today and that alone is enough to make it stable for a very long time.
No I don’t think so that bitcoin will die because today I check the price of bitcoin and its price is very high and day by day countries are going to accept bitcoin because world need bitcoin and the demand of bitcoin is going very high and I’m sure that end of the year bitcoin price will be more high so we need bitcoin and it will be survive for ever.
ace4549
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November 24, 2017, 07:09:47 PM
 #86

Bitcoin is one of the booming companies in electronic banking industry. From their hard work, dedication, good management, financially stable and strong foundation it brings them in a bigger picture. All efforts that are made everyone to contribute for the success of the company is essential, which brings them to number one spot. Through this I can conlude that bitcoin will not be obsolete in future and it going to play a big roles in the society in future. As long they can response in every problem that the company will face and be consistent on what they’re doing. Nothing can defeat them
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