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Author Topic: How could bitcoins survive further  (Read 3259 times)
Gerexabrha21
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October 14, 2018, 12:19:56 AM
 #261

Bitcoin has been created to get rid of restrictions imposed by governments so unless the internet is completely shut down it will still be continuous.
right.  But we live under the rule of law the government.  if the government bans bitcoin and crypto.  We can hardly use bitcoin and crypto
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"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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Layers318
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October 14, 2018, 12:43:59 AM
 #262

Bitcoin has shown more capabilities of surviving the crypto market conditions irrespective of the attacks that comes from the government, banks and certain media outlet. Due to the user support and large number of investors of Bitcoin, Bitcoin will continue to flourish on the market.

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kifumi
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October 14, 2018, 01:34:55 AM
 #263

In recent days we have seen lots of news which are negative about bitcoins and how government and Banks are doing whatever they can to limit the exposure of Bitcoins to people.
Like recently the banks banned the bitcoins transactions in India and since there is no money or hand to hand transactions going on now people won't be able to buy and sell bitcoins using the money in their banks . Person to person transactions is something that requires us to paly with a dice of luck.
What you think Bitcoins can do to survive in this world right now ?
What can it do to gain favor of the government and banks ?
Could it be possible that banks see it as an ally contary to a threat ?
Aren't government already regulating Bitcoins and aren't they already making people pay taxes how much they demand ?
What you think Should be the next move of Bitcoins.


I think there should be a body to Target these kinds of issues and body which will stand up for bitcoins and other cryptocurrencies and present them in from of the judiciary, so that everything can be fair .
Right now governments are doing whatever they please.
bit coin had the own stage to involve in market economics. some other with money funds belive it will grow fast and bacame good pasive income.Some country have legal and ilegal  this BTC. so how can this system survive ?? it depends on the market stage how the BTC will come to be in the future..
cc80aa
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October 14, 2018, 02:33:26 AM
 #264

     cryptocurrency is still in its very early stages and ultimately, this race is a marathon and not a sprint.But iam curious about yours.Who will be still be talking about in 10,15,20 years? and which projects are likely to fade due to their lack of practical use cases?
     
Natnat213
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October 14, 2018, 03:29:56 PM
 #265

Bitcoin has a good future. And this is a way for us to grow and get what we want and imagine in the coming years if all our future will come. Because bitcoin is growing deeply

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October 14, 2018, 04:04:37 PM
 #266

Yes, I agree with you because lately there are many countries that have made strict regulations about BTC like India, but many countries are starting to accept BTC and making new cryptocurrency specifically for their countries, this is actually a good and bad side. one side of the cryptocurrency is threatened because of the many government regulations that prohibit their circulation, but on the one hand there are also many countries that accept BTC, it is true that BTC or Crypto need an official body that can bear the circulation and regulations of BTC, because I think Satoshi himself is still very mysterious, and in my opinion the key of BTC's future is in satoshi's hands whether he wants to develop btc in a better direction or just stack like this
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October 14, 2018, 04:41:33 PM
 #267

This kind of news should be expected. There are few Countries that are not in favor of Bitcoin. Fortunately, We all know that Bitcoin will always survive and it will not be affected because it's being banned in other Countries. Bitcoin will be more popular in the near future.

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October 14, 2018, 04:59:46 PM
 #268

Bitcoin will be there for a long time due to its nature. Moreover, to increase its survival aspect, it has to upgrade its functional and performance by resolving some technical issues such as adoption for it to go mainstream.
sirminesalot
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October 14, 2018, 05:03:31 PM
 #269

    cryptocurrency is still in its very early stages and ultimately, this race is a marathon and not a sprint.But iam curious about yours.Who will be still be talking about in 10,15,20 years? and which projects are likely to fade due to their lack of practical use cases?
      
of course what you say is very difficult to predict and we will not know what will happen after 10-20 years. but we must always believe that bitcoin will continue to grow and survive at any time. because bitcoin is our daily investment and bitcoin also gives us many benefits in life.
wahyu5
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October 14, 2018, 05:42:07 PM
 #270

Since bitcoin exists until now, there are always those who try to get rid of bitcoin in various ways, whether through negative news about bitcoin or a ban on the use of bitcoin. But it turns out that bitcoin still exists and is the best in crypto currency, bitcoin still has the highest price from other crypto, bitcoin is still trusted by many people even bitcoin has become a big investment where many people invest in it. Thus, we don't need to doubt the power of bitcoin, because bitcoin will last forever and be the best with the highest price compared to other coins.
markint
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October 14, 2018, 07:46:33 PM
 #271

In fact, the main concerns that bitcoin developers should worry about are beyond the political or regulatory scope that OP talks about. No matter how much effort the governments of the world make, reason will prevail and the global economy will gradually understand the need to change to a more decentralized economic and financial model, in which the blockchain can play a very important role.

In my opinion, all the efforts of developers should focus on solving the technological problems of this cryptocurrency, which involve a wide variety of issues such as scalability, energy consumption, the dangers of quantum computing and much more.
sidebyside
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October 14, 2018, 08:39:04 PM
 #272

Although Bitcoin has been accepted and legalized by some countries, some countries have rejected Bitcoin and viewed it as a coin that has worsened the economy. And especially their interests will be lost in some way. But I think Bitcoin is more useful and it makes the human economy so diverse because of the coin code. Countries need to have a more positive view of Bitcoin and that's what I and many Bitcoin lovers want to see.

mekie
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October 14, 2018, 09:36:36 PM
 #273

Bitcoin will survive, but only due to the community and their support. Banks and government will try to disrupt bitcoins activities while at the same time behind the scenes using bitcoin for some of their less than public activities (Think MI5,MI6, CIA, etc) after all  for these type of activities it's brilliant.

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marcbitcoins
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October 15, 2018, 12:21:19 AM
 #274

Banks and governments have different approach towards Bitcoin in which there are lot of governments that are supporting Bitcoin now and not all the banks are against Bitcoin existing in which most of them are now supporting the existence of Bitcoin like JP Morgan therefore we should not worry about them as Bitcoin is has been in these series of difficulties before but its always survived.
L lawliet
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October 15, 2018, 12:56:45 AM
 #275

The Chinese government plans to close Bitcoin miners as part of the last firm action against crypto money. On January 10, the Leading Group of Internet Financial Risks Remediation requested that the Chinese regional government make an "orderly way out" of this industry.
This news is important because Chinese miners account for around 60% of the total Bitcoin worldwide, making it the largest Bitcoin mining country in the world. The fact that most Bitcoin mining takes place in China can bring chaos to the Bitcoin community.
tiktak89
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October 15, 2018, 07:24:45 PM
 #276

We cannot directly influence the government, but we can actively use bitcoin to demonstrate its relevance and necessity for financial transactions. And then the government will realize that we need such a unique technology.

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October 15, 2018, 07:28:07 PM
 #277

I think the government is doing this so they can have ample time to experiment and think of ways to apply taxes and regulations to bitcoin. I think they have accepted long time ago that bitcoin will stay forever they just need a way to regulate it.
Chrystora123
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October 15, 2018, 07:39:52 PM
 #278

who have thought Bitcoin survived 8 years since 2009!! of course, no one can think... and about the condition of Bitcoin in the future we will not be able to think whether Bitcoin will survive or not, but we all still believe that Bitcoin will survive up to several tens or even hundreds of years into the future...

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October 15, 2018, 07:59:30 PM
 #279

It appears as though you have built a post where your view is Bitcoin is losing when its clearly not. Taking a gander at how things move take a gander at India where they simply prohibited online banks exchanges from their neighborhood crypto trades, for what reason did they do that as opposed to restricting their crypto trades immediately? Since they wouldn't it be able to is their subjects appropriate to procure and possess digital forms of money and since their is no unmistakable kaw expressing it is unlawful they can't boycott trades. Likewise with late news these trades have discovered a proviso with banks, they simply store the cash over the counter for their customers withdrawals and their activities still proceed. Banks and governments are only an obstruction what Bitcoin is truly confronting is their own speculator's are coming up short on trust with their very own venture.
rtm125
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October 15, 2018, 08:10:29 PM
 #280

You need to continue to support it with your investment and convince your friends to invest their money in it. The more followers he has, the stronger he will become. And then the government will simply not be able to suppress it.


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