Bitcoin Forum
April 25, 2024, 03:53:39 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 »
  Print  
Author Topic: will bitcoin become obsolete?  (Read 4854 times)
vnck25
Member
**
Offline Offline

Activity: 392
Merit: 11


View Profile
September 12, 2018, 05:47:10 PM
 #461

Well if people are interested in it, it has a value and there are use cases of Bitcoins, it will prevail. The whole idea of blockchain technology is very solid and there are numerous applications of it. I think cryptocurrencies  like Bitcoins are still starting and people are getting to know about it in a slow gradual manner, as a result, the future holds better for Bitcoins and cryptocurrencies in general. So I am very optimistic that Bitcoins will never become obsolete, at least in the next 10 to 20 years.
1714017219
Hero Member
*
Offline Offline

Posts: 1714017219

View Profile Personal Message (Offline)

Ignore
1714017219
Reply with quote  #2

1714017219
Report to moderator
1714017219
Hero Member
*
Offline Offline

Posts: 1714017219

View Profile Personal Message (Offline)

Ignore
1714017219
Reply with quote  #2

1714017219
Report to moderator
1714017219
Hero Member
*
Offline Offline

Posts: 1714017219

View Profile Personal Message (Offline)

Ignore
1714017219
Reply with quote  #2

1714017219
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714017219
Hero Member
*
Offline Offline

Posts: 1714017219

View Profile Personal Message (Offline)

Ignore
1714017219
Reply with quote  #2

1714017219
Report to moderator
lelylely
Member
**
Offline Offline

Activity: 588
Merit: 10


View Profile
September 12, 2018, 05:56:29 PM
 #462

No, bitcoin will not be obsolete, but bitcoin will get more valuable, bitcoin will remain the strongest in crypto, and bitcoin will still control the crypto market. Bitcoin will not be eroded by time, because bitcoin is an original crypto coin.

fianaindriati
Sr. Member
****
Offline Offline

Activity: 700
Merit: 250



View Profile
September 12, 2018, 06:04:39 PM
 #463

Eventually most everything becomes obsolete so yes I believe Bitcoin will one day get there.  I do think it will run the modern day economy eventually though before it gets to the obsolete status. 
even if bitcoin reaches an obsolete status it doesn't matter guys, because it all indicates that bitcoin has been used by many people and has survived too long. so we need to support it again.
munareal
Full Member
***
Offline Offline

Activity: 644
Merit: 102


View Profile
September 12, 2018, 06:47:18 PM
 #464

Bitcoin can never become obsolete. New crypto coins are created with better features that will only give it a uniqueness that is only found in antics. Antics are really expensive such that it's only a few that can afford it. That is the fate of Bitcoin.
bigboyd
Newbie
*
Offline Offline

Activity: 231
Merit: 0


View Profile WWW
September 13, 2018, 05:52:22 AM
 #465

I do not accept it. Bitcoin is a very valuable coin. It is a coin that gives everyone a big advantage. This is a very good belief. This coin will never be lost. Because this is confirmed in the world. And this is confirmed by the market. It is used throughout the world. Stay with bitcoin. This acceptance does not lessen. Invest in here. This coin was successful.
nestorjacob
Newbie
*
Offline Offline

Activity: 85
Merit: 0


View Profile
September 13, 2018, 05:57:43 AM
 #466

Never will this happen as bitcoin is set to become world number currency.This is just the beginning for bitcoin to do many great things that are being prepared right now for this great future that await the most celebrated coin in blockchain technology.Bitcoin can never become obsolete.
Minh maluco
Newbie
*
Offline Offline

Activity: 80
Merit: 0


View Profile
September 13, 2018, 06:19:15 AM
 #467

I think this is not possible. this technology is not obsolete. Currently there are many users of Bitcoin. As long as people believe that Bitcoin has its value in the market, and it uses Bitcoin as long as it uses and accepts it.im sure it won't happen easily and it will really take so long before it's going to happen. Cheesy Cheesy
Viperziper
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
September 13, 2018, 09:40:33 AM
 #468

Although, I haven't seen any reasons why bitcoin should become obsolete so far, I'm aware of the fact that nothing can stop people from developing something new, more reliable and sophisticated than before. Should this happen, Btc could potentially be replaced by some more advanced crypto, unless Btc develops as well. I know it sounds ridiculous for some people, but do you remember what many photographers said about digital cameras? I do! They said digital cameras will never replace film because film is unique, it has some characteristics that were impossible to be reproduced by digital cameras, etc., etc... Whatever happened to film cameras? Does anybody use them anymore?
Think about it.

Yeah, the same thing has happened to digital cameras, they have been replaced with smartphone cameras. So Bitcoin might also face quite a challenge in the not-too-distant future from the new technology we don't have idea about.
shouldbelieve
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
September 13, 2018, 09:43:54 AM
 #469

Noway, it is still the major concern of popularity. Even the market is not so good now but people still care about bitcoin
LittleMermaid
Copper Member
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
September 13, 2018, 09:58:04 AM
 #470

I think that the finite supply of Bitcoin is directed to avoid that Smiley
quoctien1997
Jr. Member
*
Offline Offline

Activity: 30
Merit: 1


View Profile
September 13, 2018, 02:21:51 PM
 #471

If you think Bitcoin will become obsolete in the future, it is a big mistake. I have analyzed and learned about Bitcoin coin and I have found that it is a coin of the highest value among coin.
rosepetals
Full Member
***
Offline Offline

Activity: 650
Merit: 100

Financial aid for users: https://bit.ly/2SMY8gi


View Profile
September 13, 2018, 02:27:50 PM
 #472

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?
No i don't think so,bitcoin will be all time trend today and pretty sure in the future.The more it stays in the market the more it ripen and people will started to fully adopt bitcoins existence and this would become a the best cryptocurrency of all time.

Quehuongchenoi
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
September 14, 2018, 10:03:39 AM
 #473

There will always be a time for change. With the rate at which technology is advancing, I see an upgrade or a complete change to cryptocurrency later in future. Human beings will continue to find solutions to whatever problem they encounter in life and this will always give birth to change.
Dvmd lionel25
Newbie
*
Offline Offline

Activity: 79
Merit: 0


View Profile
September 14, 2018, 01:38:52 PM
 #474

Bitcoin technology is already obsolete compared to the rest of the crypto currency, but this does not prevent it from being the most popular digital currency. Most investors prefer to invest their money exactly in bitcoin.
maxman190
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
September 14, 2018, 01:45:29 PM
 #475

In fact, a very deep question. because everything is becoming obsolete, but it's not possible the currency will settle it over time, but I do not think that it will not be used.
assy
Jr. Member
*
Offline Offline

Activity: 110
Merit: 1


View Profile
September 14, 2018, 02:23:08 PM
 #476

I think that won't happen, bitcoin will not be obsolete. Because payment and investment requirements are always there, bitcoin will always be there and be used as a good payment tool in the future. In today's world all use digital money, everyone saves their money in the bank, when we save money at the bank, we only get a little interest, and there are administrative deductions. While bitcoin when we store it, I will get a profit if the price goes up.
Lynh kolh
Newbie
*
Offline Offline

Activity: 65
Merit: 0


View Profile
September 14, 2018, 02:30:25 PM
 #477

Bitcoin will only be obsolete if there is a certain crypto that will rise and have a good feature and more capabilities than bitcoin. But that crypto is nowhere to be found yet because i believe that while bitcoin is around, no other cryptocurrencies can make it obsolete and useless.
rudito
Newbie
*
Offline Offline

Activity: 275
Merit: 0


View Profile
September 14, 2018, 02:34:29 PM
 #478

Bitcoin will not become obsolete even though time goes on year after year, but bitcoin will remain solid and remain the main one in crypto.
Demanderoca
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
September 14, 2018, 03:13:57 PM
 #479

I don't think bitcoin will become obsolete because of its functionality. It has a lot of benefits that aside from what people get, the government could also get a benefit from it. Bitcoin is still under the process of development and some countries already legalized it. Sooner or later, other countries will also acknowledge the existence of it because of the growing population of bitcoin.
Kusnechik
Member
**
Offline Offline

Activity: 420
Merit: 11


View Profile
September 14, 2018, 03:15:42 PM
 #480

Most likely Bitcoin will become obsolete. This fate lies in wait for all current assets, the difference in terms.

▀▀▀▀▀▀     │      SWIPE      │      Monetizing Mobile Engagement Data     ▀▀▀▀▀▀
▄▄▄▄▄▄       Whitepaper     Telegram     Twitter     Reddit       ▄▄▄▄▄▄
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 [24] 25 26 27 28 29 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!