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Author Topic: will bitcoin become obsolete?  (Read 4871 times)
Vladislav2306
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September 26, 2018, 12:44:14 PM
 #541

Of course it is possible. Who knows where human mind will stop on the way of technological progress. All we know is that in our days blockchain technology is the best decision for every bussines. You can use it or just pass through.

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beatzcoin123
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September 26, 2018, 12:49:48 PM
 #542

this is just an analysis and not a real life projection, on a personal note, the blockchain technology will not become obsolete, rather it will continue to innovate and advance, finding new ways to services humanity. same goes to bitcoin, it use case will continually multiply which will make it value increase, so bitcoin will not become obsolete.
koRo11n
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September 26, 2018, 01:14:32 PM
 #543

Basically everything on this earth will be outdated, including bitcoin. But not all things that are outdated cannot be used. Unlike bitcoin, even though it is said to be obsolete, it still attracts people. This is because bitcoin is considered a form of digital currency that is quite profitable. .
sinta23
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September 26, 2018, 01:40:02 PM
 #544

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?

I feel that bitcoin will never be obsolete at any time, because bitcoin until now will still develop and develop continuously, we wait for it all. surely the situation will change as before.

cryptonewsID
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September 26, 2018, 01:46:19 PM
 #545

Of course it is possible. Who knows where human mind will stop on the way of technological progress. All we know is that in our days blockchain technology is the best decision for every bussines. You can use it or just pass through.
bitcoin will develop better not obsolete but there must be a fundamental change in bitcoin, with the development of technology that will make progress, I'm sure bitcoin will still exist.
Ahimoth
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September 26, 2018, 02:41:37 PM
 #546

Of course it is possible. Who knows where human mind will stop on the way of technological progress. All we know is that in our days blockchain technology is the best decision for every bussines. You can use it or just pass through.
bitcoin will develop better not obsolete but there must be a fundamental change in bitcoin, with the development of technology that will make progress, I'm sure bitcoin will still exist.
I think it will not happen because as long as many people are still believe to it it will never be obsolete and remain exist. If that happen then possible all crypto will be also no longer around. Also Bitcoin survive for many year so its impossible to obsolete maybe before it happen many more years will passed. And the Bitcoin until now is still progress and developing, so it will last longer
Goldenmoll1988
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September 26, 2018, 03:00:01 PM
 #547

Bitcoin, I believe that will not become obsolete. It will be popular and every year more and more valuable. People in the future will want to have at least a small part of it
Vohoanghiep
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September 26, 2018, 03:08:05 PM
 #548

That is impossible. As the world is growing and adopting blockchain in life, I think it will grow in the future. Blockchain technology will be increasingly advanced, more modern. So, Bitcoin will never be outdated, I believe the development team will have plans for improvements, upgrades to existing features and new features.
Money mani
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September 26, 2018, 03:13:27 PM
 #549


Bitcoin is an online basis curency. It will never be obsolete. It has no physical existance and so it is easy to bear and exchange. If internet isn't obsolete it will up to date and increase it's demand day by day.
Emilyp
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September 26, 2018, 03:23:44 PM
 #550

Whether Bitcoin or blockchain will one day become obsolete remains to be seen. The internet for example has not become obsolete since years after invention, instead it has kept getting better, opening new opportunities and I believe it will be the same with blockchain. Blockchain will keep getting better, newer technologies will be developed on it as time goes on.
eashikde
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September 26, 2018, 03:30:06 PM
 #551

Bitcoin and the crypto-currency market are only at the beginning of their journey, becoming influential and having influence in new and traditional business institutions. This situation in the market should not exaggerate the negative mood, because it is still ahead and I think we are facing a confident recovery. In the project team there are smart people who certainly know where to invest and conduct business.
Choyor
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September 26, 2018, 03:39:20 PM
 #552

All perceptions have nothing to test the truth, but I believe other technologies will emerge overtaking the old technology, as well as Bitcoin. But I'm pretty sure if Bitcoin is used as an investment and not a currency then Bitcoin won't be obsolete.
AquaVitae
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September 26, 2018, 03:46:41 PM
 #553

It is FUD, if one thinks Btc will become obsolete. Things are just getting started. Maybe in 100 years Btc will become outdated, but there is a good chance, that Btc has adapted and added new technology, and is still popular 100 years from now.
kemmycrypto
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September 26, 2018, 03:55:26 PM
 #554

Bitcoin is just starting,  in the next 40years, Bitcoin will not be obsolete as people perception are. Bitcoin will be as new as new born babies.
cosmoo
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September 26, 2018, 04:28:24 PM
 #555

Yes, but this is something totally new, so I think that it will happen not soon Smiley I think that I won't be alive when it happen. So I don't wanna waste my time thinking about it.
Ferki
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September 26, 2018, 04:50:46 PM
 #556

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?

Sure it is possible,some new technology will come.But that one must repress internet.Even hashgraph should be better then blockchain.But idea of digital money will sty for long time, i think.Some of cryptos are decentralized,like Bitcoin.But more and more,this market is goin to be regulated.In my opinion,decentralized market will also stay for some times ,but in future governments could  try to ban,to forbid this kind of market.What they can´t controll that will be suspended.
olarrtt
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September 26, 2018, 05:23:00 PM
 #557

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?

Obselete is still better than dead, but I can assure you it will not.just as it is happening now, we will only experience corrections in it's use here and there
muddy waters
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September 26, 2018, 05:32:29 PM
 #558

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?
Bitcoin and blockchain will still be here for yet another 50-70 years and I'm really eager to see the results of a constant improvement of this technology.
Will we be able to make millions of transaction a day? Will we pay like several cents per transaction? What problems will we encounter when all btc are mined?
Who knows, let's see..

emmybd
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September 26, 2018, 05:33:26 PM
 #559

Bitcoin is not going to be obsolete in near future, as it is still the best technology out there and would continue to be so. But we can't predict what would happen in future, may be a decade from now some other new technology would replace bitcoin.

brooklynian
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September 26, 2018, 05:37:10 PM
 #560

Everything we have now is going to become obsolete one day and so is bitcoin. Fiat currencies are already near extinction and digital currencies may take over completely. Bitcoin is still very new so for this reason it will still be with us for several years.
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