Tan_avia)vl.
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June 26, 2018, 05:40:40 PM |
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At one point everything will someday be outdated. This is the pattern of development. I do not exclude that already in 70 years our descendants will consider us as a backward generation almost as from the Stone Age.
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bungsoh
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June 27, 2018, 05:03:37 PM |
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The news source you provided above is https://www.cnbc.com/2018/06/15/geopolitical-analyst-george-friedman-says-blockchain-will-become-obsolete.html inside the site that needs to be understood is this paragraph: "Some analysts have noted that if and when an emerging technology called quantum computing matures, it could easily decrypt blockchain. However, they emphasize such a scenario is still years away and blockchain technology itself may also have evolved by that point."Blockchain becomes obsolete just like an outdated phone after the emergence of smartphones. This is the law of nature in the technological world. But did not rule out Blockchain will upgrade to a better system so it will stay alive and victorious. So the point is this news is not negative news. People misunderstand about this kind of news. Catchy headlines to spread FUD were the most common problem for people who really don't know what bitcoin is. Because of being a jerk investors, panicking all over the crypto world is being inevitable specially people that are ignorate from trading. Bad news about bitcoin isn't FUD - it is now reality. Yes, right. Negative news about Bitcoin is not all FUD. But I think it's still in the level of fairness, Bitcoin flying fantastically, down fantastic too. Normal for Bitcoin who always reap the pros and cons throughout history that he passed.
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Philcris
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June 27, 2018, 05:09:57 PM |
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Who predict that Bitcoin will Obsolete One day. because they said bitcoin is hard to forget.
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GeorgiyBilyk
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June 27, 2018, 05:10:05 PM |
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bitcoin will always be in the first place in the entire crypto world! bitcoin appeared the very first! all the big investors keep their money in bitcoin! they invested a few years ahead in bitcoin! I'm sure that the price of bitcoin will always grow! but sooner or later it will stop! the cost of bitcoin will be about 100,000! he will cease to grow and will be plus minus in one stand!
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Ezenwanyi
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June 27, 2018, 05:19:24 PM |
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Do not believe the fake analyst.
Bitcoin I can say, is still on its infancy stage and having waves like this.
What then do you think will happen when it gets to adolescent stage?
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Gurjasmeet
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June 27, 2018, 06:21:17 PM |
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may be analyst are saying true, but we should always be careful fake analyst.but bitcoin has strongly & powerful image in all of the world. so who says bitcoin will obsolete one day but l want to say they help to give much more strength to free of cost.
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LodisMcguire
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June 27, 2018, 06:26:30 PM |
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Probably it will be obsolete one day,but i think it's far off in the future.Right now,bitcoin still have more potential to the community.Maybe bitcoin will be replaced by much more advanced coin that have more features than bitcoin,but it's unlikely to happen right now,maybe 20 years later.
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Phlaser
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June 27, 2018, 06:50:44 PM |
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Definitely gonna a lifetime for the blockchain Technology to be obsolete. Even of it happens, then a much more better technology would have evolve. Technology isn't static but dynamic in all aspects. Let's clarify: He didn't say Bitcoin will be obsolete one day, he said blockchain technology will be. He also said that it will be on the basis that intelligence agencies will be able to decrypt it. Well, good luck with that I suppose.
I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.
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senin
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June 28, 2018, 05:23:11 AM |
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Everything will sometime become obsolete morally and technologically. However, to say now with regard to the technology blockchein, which only began to develop and be used by various states, it is too early. Maybe the technology itself blockchein will evolve and improve and will not allow for a long time to consider itself obsolete. Therefore, it's still too early to talk about this.
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railyako
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June 30, 2018, 12:52:44 PM |
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don't believe this analysts, the crypto market is very unpredictable right now. nobody can predict what can happen in the future.
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candra raditya
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June 30, 2018, 01:03:41 PM |
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One day that you think will not happen any time soon, and bitcoin can still survive in the long run. Think positively of the benefits you will gain in the future.
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BeGoods
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July 01, 2018, 03:18:45 PM |
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Do not believe the fake analyst.
Bitcoin I can say, is still on its infancy stage and having waves like this.
What then do you think will happen when it gets to adolescent stage?
It is not a fake news it is a prediction of someone and anyone can just predict the future of bitcoin freely, but not all predictions can be true. I think the possibility to obsolet is exists if bitcoin there is no renewal of any kind from the developer?
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cosmicart
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July 01, 2018, 09:07:17 PM |
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In the event that this tech itself is having such a great amount of inconvenience from getting acknowledgment in the principal look at that point how might anybody even consider the other tech to wake up. Sit tight for this innovation to advance completely first and after that we can discuss another savvy innovation getting created with full scale mode. It took more than decade for the blockchain to uncover itself.
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goldade
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July 01, 2018, 09:10:47 PM |
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Aa we all know that nothing is certain concerning bitcoin or the blockchain technology, then there definitely nothing that can't happen. The prediction may be true or false, however, I personally think this will take a lifetime to happen if it is true. This is because bitcoin is still in its infant stage although it has in process for decades, and so more people are still going to accept it. Another reason bitcoin or the blockchain technology is not going obsolete soon is because it will take decades for another technology to overrun the blockchain technology and cause it to be obsolete.
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Markyway88
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July 01, 2018, 09:55:02 PM |
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Let's clarify: He didn't say Bitcoin will be obsolete one day, he said blockchain technology will be. He also said that it will be on the basis that intelligence agencies will be able to decrypt it. Well, good luck with that I suppose.
I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.
I have also an article related to blockchain technology which is aimed to dethrone by hashgraphs. It is more advance than blockchain though it does not exists right now and I think it is just amidst of its development. Thanks for clarifying but even bitcoin will become obsolete as we know that no thing in this world is permanent.
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wahyu.prist
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July 01, 2018, 10:23:24 PM |
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Let's be clear: He did not say Bitcoin will be obsolete someday, he says blockchain technology will get better. He also said that it would be the basis that intelligence agencies would be able to decrypt it. I think blockchain technology is obsolete is something that can not be avoided, but unlike Friedman, I think it will take some time, and it will be because a similar but superior technology created .. Thanks
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pickledmuffin
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July 01, 2018, 10:28:50 PM |
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Something else has to be invented before we can expect obsolete blockchain technology. Everything has its life cycle and no doubt Bitcoin will have its own, but that's not to say there won't be many interations and upgrades to the technology along the way.
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khaled0111
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July 01, 2018, 10:29:04 PM |
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Bitcoin is very useful and can make our life better, transactions are safer and cheaper when using Bitcoin. If we can stop those attacking cryptocurrencies then Bitcoin will rise and will be wildly used. It can replace FIAT.
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Lalapo08
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July 01, 2018, 10:39:16 PM |
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Yeah, It can not be denied if bitcoin will be obsolete when bitcoin does not make technological innovation following the development of contemporary technology. But, I heard the news that the bitcoin development team is now making improvements to bitcoin. They develop bitcoin better by various studies and research. They will not be willing if bitcoin is extinct. Therefore, they are very enthusiastic in developing bitcoin for the better, especially in the field of technology. That’s a bit of my idea.
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Hardtolife
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July 01, 2018, 11:17:13 PM |
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I dont think so.bitcoin will not obsolete oneday.many people used bitcoin and more people also will discover bitcoin.thats why I think bitcoin wont be obsolete.bitcoin coin will still popular someday and will be more useful for people who use bitcoin
I agree with you. I also do not think that bitcoin will go extinct because it is a very productive job without having to work hard just need patience, be careful. If bitcoin is going to be extinct there must be people who are confused what to do. I hope the bitcoin will not go extinct and be fixed.
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