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Author Topic: Will bitcoin disappear in the future?  (Read 1493 times)
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April 10, 2018, 11:22:49 PM
 #81

Bitcoin will just float in the digital world forever
Yes, it is here to stay now and there' nothing that can stop bitcoin. Many tried to remove bitcoin and even made a lot of false information on how useful and profitable it is.
if the people stop using bitcoin then the price will starts to decrease.
I doubt it that people will stop using bitcoin.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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April 11, 2018, 06:32:29 PM
 #82

Analyst Saxo Bank Kay van Petersen believes that in the next ten years, each bitcoin unit will cost $ 100,000. It was van Petersen who correctly predicted the achievement of a crypto-currency mark in 2000 dollars in 2017. In May, discussing the long-term future of the currency, he said that "the crypto-currencies will not disappear anywhere."
Others who justified the future price for bitcoin were Vinces Casares, CEO of the crypto-money purse Xapo and a member of the board of directors of PayPal. At the conference Consensus 2017, held in May in New York, he predicted that the cost of bitcoin would reach $ 1 million in 10 years.
These are just a few of the most varied examples of the direction of the cost of bitcoin in the next decade. Given the pace of its growth, anything is possible. The fact that the digital currency is widely used around the world as a trading asset or a means of payment proves its usability and growing predominance. For those wishing to advance in the financial world, bitcoin is a suitable solution. It is also a solution for those who live in countries with weak economies. It will continue to grow while the demand for it continues. And with the growth in its value, the same will be the forecasts for the future price.
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April 11, 2018, 06:49:16 PM
 #83

Bitcoin will just float in the digital world forever..no matter how many new crypto projects coming up that has more or greater technology than bitcoin,for me it would never disappear.bitcoin would be like a ANTIQUE artifacts of the digital currency world.people may not care about it but it will never be forgotten..

Bitcoin isn't antique and there aren't any other crypto currencies with better underlying technology. The thing that people fail to understand is that the mass isn't using all the fancy features other crypto currencies offer. People just want to transact with the outside world, and that as quick as possible, and as cheap as possible. In other words, the technology isn't really a big deal in this case. The only thing that matters is that Bitcoin is by far the most secure and powerful network, has the best developers working on it, the largest and wealthiest ecosystem, etc. On top of that, you can test lightning network for yourself to see how fast and cheap it is to transact off-chain. It is a perfect adoption stimulator.
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April 11, 2018, 08:18:12 PM
 #84

Bitcoin will just float in the digital world forever..no matter how many new crypto projects coming up that has more or greater technology than bitcoin,for me it would never disappear.bitcoin would be like a ANTIQUE artifacts of the digital currency world.people may not care about it but it will never be forgotten..

Bitcoin isn't antique and there aren't any other crypto currencies with better underlying technology. The thing that people fail to understand is that the mass isn't using all the fancy features other crypto currencies offer. People just want to transact with the outside world, and that as quick as possible, and as cheap as possible. In other words, the technology isn't really a big deal in this case. The only thing that matters is that Bitcoin is by far the most secure and powerful network, has the best developers working on it, the largest and wealthiest ecosystem, etc. On top of that, you can test lightning network for yourself to see how fast and cheap it is to transact off-chain. It is a perfect adoption stimulator.
One day when last bitcoin miner die bitcoin will see its end, will it happen in 50 years? 100 years? When I think about it I realize that technology is advancing with great speed and maybe we don`t expect some things, but they will happen anyway, whether we like it or not. Bitcoin needs miners and as long as miners exist, bitcoin will be with us, its clear as a sunny day!
Analyst Saxo Bank Kay van Petersen believes that in the next ten years, each bitcoin unit will cost $ 100,000. It was van Petersen who correctly predicted the achievement of a crypto-currency mark in 2000 dollars in 2017. In May, discussing the long-term future of the currency, he said that "the crypto-currencies will not disappear anywhere."
Others who justified the future price for bitcoin were Vinces Casares, CEO of the crypto-money purse Xapo and a member of the board of directors of PayPal. At the conference Consensus 2017, held in May in New York, he predicted that the cost of bitcoin would reach $ 1 million in 10 years.
These are just a few of the most varied examples of the direction of the cost of bitcoin in the next decade. Given the pace of its growth, anything is possible. The fact that the digital currency is widely used around the world as a trading asset or a means of payment proves its usability and growing predominance. For those wishing to advance in the financial world, bitcoin is a suitable solution. It is also a solution for those who live in countries with weak economies. It will continue to grow while the demand for it continues. And with the growth in its value, the same will be the forecasts for the future price.
In 10 years I expect this market to be near or at full potential! I believe in bitcoin, but with this kind of topics we need to be imaginative, when we start a question `what if...` many things can fall our minds. Cryptocurrencies are here to stay, but which ones? And what if some new technology outshine blockchain? Is that possible? It is, to repeat myself again technology is advancing, now we have blockchain, but `what if..` in near future we see some circle-chain!? With better performances, higher speed, adjusted for new and more advanced equipment? You think its impossible? Think again my friends.



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April 12, 2018, 05:00:47 AM
 #85

In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?

In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.


As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.


From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
If that’s going to happen it won’t be around when there is still. Demand for it. Yes there is likely to be a time when it might end, but this might be around the time when all the Bitcoins have been mined. But right now it is very impossible for such to happen, cause there are still a lot of people demanding for. It and it hasn’t even been mined yet.
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April 12, 2018, 07:46:15 AM
 #86

I think bitcoin will not be replaced, because the name that has become a pioneer is a bitcoin community. This is to remove bitcoin images though not the first. But bitcoin makes the cryto market the way it is today. So bitcoin is not easy and must go through a variety of problems and it will be a strong fudamental because it has been tested and continues to encourage various parties to overcome this positively and may encourage to apply it in the global financial system that needs to be updated in the future.
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April 12, 2018, 09:04:14 PM
 #87

Possibilities are there for that to happen because the value of the bitcoin is based on demand and supply so if the people stop using bitcoin then the price will starts to decrease.But the chances of happening this is low because bitcoin already got good support from the world people.
I cannot accept the possibilities you have mentioned. Because in this world, each and everything comes with its own risks hence bitcoin is not an exception. Compared to any other existing system, I believe bitcoin must have less possibilities to get disappeared.

Demand for bitcoins and adoption of bitcoins to a large extent are the things that I see happening. So far, we are still very low on  adoption, and there is nothing really that could fuel it, but as we keep growing and heading gradually to the mainstream with regulations, I see a lot of adoption taking place and I presume it to be a massive one. People may be looking at the present picture now, but for some of us, the picture in the future is far bigger.
Yes for sure no only less but there is zero possibility for the bitcoin to be disappear, as for me  bitcoin acceptances is the long journey which will never end.  Now we are living in the modern and the digital age where the digital currency means and matters a lot, crypto currency price never reaming same for sure it use to decrease but it use to continue and will recover very soon, so yet for almost 20 year there is not such possibility for the bitcoin to be disappear.
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April 13, 2018, 03:36:00 AM
 #88

No one really knows, maybe it will disappear in the future or maybe it will not.
But now i dont think that bitcoin will disappear because it is only starting to become popular and bitcoin also proven it self of being more profitable than other crypto. Rightnow lets just enjoy the existence of bitcoin and earn more profit.

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April 13, 2018, 06:15:58 AM
 #89

I think not, because at the moment, bitcoin has the largest volume on the market and is considered the main coin for investing in the crypto currency  Wink
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April 13, 2018, 06:47:05 AM
 #90

I think not, because at the moment, bitcoin has the largest volume on the market and is considered the main coin for investing in the crypto currency  Wink
I also think the same, bitcoin is always in demand by everyone and its value keeps rising, many fud are scattered so the value goes down but bitcoin keeps coming back
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April 13, 2018, 07:07:27 AM
 #91

I think everything really depends on the flow of life from the global economic side of each country, the response on it will be directed to the build's thing or would to be so neglected as to be forgotten. But in my personal opinion, because it's something that can be said to be related to the future, I think it will be supported until it can be accepted and will remain as an alternative currency, it seems more and more countries will try to adopt it as well as possible and continue to understand point of risk and other things related to its characteristics.
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April 13, 2018, 12:34:24 PM
 #92

Nothing is permanent in this world,bitcoin would be continue for so long but one day it will be replaced or gone sooner or later.It depends in the people who invest on bitcoin and continue to work on it.By the demand of its investors and all of us who support cryptocurrency.
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April 13, 2018, 02:34:55 PM
 #93

I believed that Bitcoin will only be disappear if all buyers or users of bitcoin will stop buying it in the entire world. But that is impossible to be happen unless the Armageddon comes in to our planet. 
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April 13, 2018, 07:07:02 PM
 #94

I believed that Bitcoin will only be disappear if all buyers or users of bitcoin will stop buying it in the entire world. But that is impossible to be happen unless the Armageddon comes in to our planet. 

All of us had many same question the future of bitcoin is possible or not this is not in our hands but possibility of developing bitcoin will be higher so my opinion is bitcoin has a great value in future.
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April 13, 2018, 08:46:21 PM
 #95

Nothing is permanent in this world,bitcoin would be continue for so long but one day it will be replaced or gone sooner or later.It depends in the people who invest on bitcoin and continue to work on it.By the demand of its investors and all of us who support cryptocurrency.

Bitcoin will not disappear during our time for sure but hopefully it will stay so our next generation will enjoy using cryptocurrency and make them more rich in the future. We cannot be so sure about that, and for now lets just hope for bitcoin to pump higher.
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April 14, 2018, 12:16:36 AM
 #96

In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?

In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.


As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.


From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
If that’s going to happen it won’t be around when there is still. Demand for it. Yes there is likely to be a time when it might end, but this might be around the time when all the Bitcoins have been mined. But right now it is very impossible for such to happen, cause there are still a lot of people demanding for. It and it hasn’t even been mined yet.
To me it seems impossible to see bitcoin as getting out of sight even bitcoin is getting more prominent now a lot of countries are trying to announce bitcoin as legal currency. bitcoin is really good for all of us so how can we say that bitcoin will be disappear or bitcoin will lose the value in future infect bitcoin is getting stronger day by day, future of bitcoin is very bright it will never get down according to me,. I want to buy bitcoin at any cost for saving and securing my future, as it is now getting digital age so we really need bitcoin and we will see bitcoin at peak for the price in future.
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April 14, 2018, 02:13:48 AM
 #97

In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?

In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.


As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.


From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
How could a relevant innovation disappear if it is needed and relevant in our time. I believe bitcoin will continue to prosper and will get even bigger the price will continue to increase because there are only 21k bitcoins ever created so therefore the price will keep on increasing as the demand grows..and bitcoin is a new digital portal for faster safier and cost effecient way of transacting digital world that we live in.
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April 14, 2018, 11:01:35 AM
 #98

In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?

In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.


As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.


From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
How could a relevant innovation disappear if it is needed and relevant in our time. I believe bitcoin will continue to prosper and will get even bigger the price will continue to increase because there are only 21k bitcoins ever created so therefore the price will keep on increasing as the demand grows..and bitcoin is a new digital portal for faster safier and cost effecient way of transacting digital world that we live in.


So unrelevant to tell that bitcoin will be eliminated easily since once and for all some country approve to use bitcoins and there are some countries who gains huge from it since they regulate and gain taxes. but I wonder on where the hell came with that disappearing idea while we all know bitcoins are been much pretty good stands eventhough the downfall are badly occuring and stopping it whenever it reach for its new ATH.
 

BITWIN.

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omar bakrie
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April 14, 2018, 01:55:52 PM
 #99

I am sure that in the future Bitcoin will not disappear, in the future Bitcoin will grow and become a digital currency that is relied upon by people all over the World. Over time surely everything will use advanced technology in the future. And Bitcoin is perfect to be maintained until the future.
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April 14, 2018, 06:16:09 PM
 #100

We don't know what will happen in future. But I believe the way bitcoin is going should stay more 50 year's atleast.Bitcoin has gained so much popularity worldwide and people are supporting bitcoin always.I don't find any reason why bitcoin will be disappear.Bitcoin will stay long as my opinion, people won't let btc disappeared.

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