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Nivir
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June 20, 2018, 07:13:16 AM |
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bitcoin will be obsolete. It is increasingly under strict control by governments as well as lagging behind new generation algorithms. Bitcoin is slowly losing its place in the number one position.
There will be upgrades soon of course in order to be updated. I think some coins may beat bitcoin in the top position but it will probably take years to happen. Bitcoin is still the most popular and most widely used. The crypto trading market are nearly all bitcoin based and many local exchanges accepts only bitcoin and maybe some few alts. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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rext
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June 20, 2018, 07:24:19 AM |
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bitcoin has experienced the year 2017 sublimation and has hit the milestone price of $ 20,000 a bitcoin, Bitcoin is constantly experiencing difficulties and has many times lost the carpet recently. Bitcoin is losing its place in the race for new currencies.
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Ilegendph
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Thinking on the higher plane of existence.
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June 20, 2018, 07:36:55 AM |
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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.
That is also the same as saying that all crypto that exists now will be obsolete one day because they all run using blockchain technology. Nevertheless, I don't see blockchain technology being obsolete soon, IMO there are a lot of things that can be improved from it before we move on into seeing a superior technology being invented. Also, It will also take time before intelligence agencies decrypt it because they would need to use a supercomputer that is capable of quantum computing. It is much feasible to say that the one that will obsolete one day is bitcoin. As of now the price of bitcoin is due to its fame and long duration in the market. If we will talk about its main function, many altcoin surpass it, its just that people trust it more because of the second reason mentioned. But if this reason is also occurred to altcoin, no doubt bitcoin will be gone. |
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Moiyah
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June 20, 2018, 11:21:11 AM |
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As long as there are still people who knew about bitcoin, it will not fade and be obsolete. I have heard that predictions so many times before. Another fud, trying to affect the price. I will really believe on that prediction if the price will maybe reach down and back to $1000 which is very impossible.
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btcluisdiki
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June 20, 2018, 11:43:57 AM |
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In my opinion, I don't think that bitcoin will become obsolete one day as this has just started to become more popular nowadays. Bitcoin will live forever so does the altcoins too and I believe that one day bitcoin's rise may reached to it's heights beyond everyone's expectation. People should not be affected of what had happened to the crypto market and they should instead continue to support and believe in bitcoin for it will recover in the coming months.
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olgafox0404
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June 20, 2018, 11:49:13 AM |
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he is very much mistaken, this will not happen, bitcoin is gaining momentum
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hachiman13
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June 20, 2018, 12:06:48 PM |
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How many times has bitcoin been "dead" to the media since it gained popularity? This article is similar to those kind of news and bears no weight whatsoever and not even worth the attention. You can see the negativity with this people;clearly they are against it in the first place. They didn't even consider that fact that it can evolve and have a sort of V2.0
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Shame_Game
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June 20, 2018, 12:16:12 PM |
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Honestly, to me it does not matter whether bitcoin is obsolete technology of or not. More importantly, it should grow at the same rate as last year and continue to make us richer.
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fortunecrypto
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thecryptocurrency.directory
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June 20, 2018, 12:27:40 PM |
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There are so many articles and news like that on the internet and offline ever since this technology started, but until now the technology continues and continue to evolve and upgrade, the cryptocurrency community is one in building and supporting the blockchain technology to combat this negative news. |
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Markmolotok1488
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June 20, 2018, 12:28:35 PM |
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I think that bitcoin will develop and don't lose its leading position. Have you all forgotten about the lightning protocol? What prevents then bitkoinu remain leader? I think that bitcoin will always be number 1.
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daarul50
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June 20, 2018, 12:32:59 PM |
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I'm not worried anymore when it comes news like this that tends to be more negative against bitcoin. However, so far such news has never affected the bitcoin price movement significantly because bitcoin holders are getting used to coping with themselves to deal with such news.
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freetokens
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June 20, 2018, 12:45:44 PM |
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right from the introduction of bitcoin analyst are saying bitcoin is Ponzi and bitcoin will die and bitcoin don't have value and now governments are embarrassing bitcoin
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First77
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June 20, 2018, 03:21:13 PM |
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I'm sure that in 20 years there will either be very large transaction volume or no volume. -- Satoshi Nakamoto
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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June 20, 2018, 03:24:00 PM |
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one day the universe is going to be obsolete according to many scientists....
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Pourmeacup
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June 20, 2018, 03:30:19 PM |
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analyst says bitcoin will go to zero and bla bla bla bla bla bla bla bla!
thank you for these trash analysis!
we don't care!
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carlisle1
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June 20, 2018, 03:44:33 PM |
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This is what happens when a proof providers dont even understand whats the body of the link,it wasnt the bitcoin the article says,instead its the blockchain,but i dont buy this because blockchain is one of the advanced technology world has ever had,and even in future theres many new technologies will come still it cant be replaced
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dutchkay
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June 20, 2018, 03:55:00 PM |
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We have heard a lot of stories carrying FUD about bitcoin and it's not a new thing again. We are used to it. Every one likes to say their own in other to get media attention for themselves. Thy have already thrown everything at it and it kept coming back stronger. But the truth is that blockchain is a game charger and will really help the world evolve.
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usekevin
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June 20, 2018, 04:00:27 PM |
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Actually the answer is no.I don't know why people spreading bad news about bitcoin.It will reduce the investment and price of bitcoin.Being a investors,we should not believe the fake news.Now bitcoin technology is adopted by many of the people in many countries.Don't get doubt on bitcoin and cryptocurrency growth.
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iamMhew
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June 20, 2018, 04:04:22 PM |
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Obsolete happens oneday, but not in bitcoin, because bitcoin is a solid one that can survived, meaning that even bitcoin price drop from day to day, it surly raised, and no one can stop it from it. Even it has to fall/got dip from now but sooner or later many of us will surly regrets by this. And many investors that who believes in bitcoin will succeed in this proportion .
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zhekinsp
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★777Coin.com★ Fun BTC Casino!
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June 20, 2018, 04:04:43 PM |
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No one is expert in the crypto currency prediction even consider myself as an analyst that and I predict that the bitcoin will stay here forever.Maybe that analysis is just a FUD attack by the whales to trap the newbie investors.So if the prople want to invest on the crypto currencies invest only after you trust the technology behind it.
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