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Author Topic: will bitcoin become obsolete?  (Read 4872 times)
SUDARMONO
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August 27, 2018, 11:30:33 PM
 #201

for blockchain technology, I don't think it will ever become obsolete, because we know the decentralization of blockchain technology.
delegend
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August 27, 2018, 11:31:51 PM
 #202

I actually wonder what will come up after the world has been fully digitized with aid of a blockchain technology ,the family to which bitcoin belongs to,I think there can only be technological advancement in this aspect,not totally obsolete,diamond has been in existence before now years back,but because of it's importance the value and stake is still very high.
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August 27, 2018, 11:33:43 PM
 #203

so funny this question. in my opinion, obsolescence is only used for goods that are no longer of value, it can be said to be used goods. If bitcoin later becomes obsolete it might be even higher than now, because many people already know bitcoin. It can't be imagined that bitcoin is obsolete which becomes expensive because it's obsolete ...

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mace15
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August 27, 2018, 11:39:30 PM
 #204

I have a doubt that bitcoin will become obselete. And how did you know it's future ahead of bitcoin? As long people or users do exists in this community bitcoin will never become obselete. Their is a changing of price of bitcoin this means an active buyer and sellers and also users still support this technology.
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August 27, 2018, 11:50:43 PM
 #205

yes, of course bitcoin can be very good in the future, bitcoin can be one of the safest and most convenient payment methods for the whole world and the transaction is also very easy and the demand for bitcoin will be even higher in the future.
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August 28, 2018, 01:43:46 AM
 #206

In my own opinion, i believe blockchain technology which is behind Bitcoin will never go obselete but instead it will be further enhanced to meet the needs of its investors and solve the existing issues and flaws of the system itself. As of now, there are also crypto technologies that were introduced to further innovate blockchain such as the Directed Acyclic Graph (DAG) and hash graph which aims to solve scalability and other issues of the system. Thus, i will always believe blockchain as the major technology of Bitcoin will never go obsolete as Bitcoin itself comprises the greatest market cap nowadays. I guess we are already at the post-early stage of blockchain era and it will be further developed to revolutionize our future e-commerce and monetary system.

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August 28, 2018, 01:52:16 AM
 #207

Bitcoin is very strong kind of digital technology , fully develope and very popular , I do not think that it become obsoltte in the future, it could be replace by another advance technololgy bitcoin and it will stay in cryptoworld for a long time, since it was discovered.
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August 28, 2018, 02:14:37 AM
 #208

There is hardly a currency that can surpass the ever-improving bitcoin. That's what attracts me, he does not lag behind the time and continues to improve its technology.
You know that technology will progress over time. certainly one day there will be a cryptocurrency that has innovation and sophisticated technology. if bitcoin does not continue to improvise or update it will certainly be left behind by their competitors who will continue to arrive and advance
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August 28, 2018, 02:20:40 AM
 #209

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 one knows what future bitcoin or other crypto currencies will be like because it has become an investor risk in investing with crypto currencies for me the most important thing is to take advantage of the opportunities that are still there to invest

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August 28, 2018, 02:23:11 AM
 #210

Maybe, but it would be many years pass before it gets there i think. well that is only my opinion, because we are speaking in the future. I think there will be some other coins who will stand in the future rather than Bitcoin.
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August 28, 2018, 03:23:48 AM
 #211

No.I will become famous in the future.It will be man's basic need because eventually our society will be cashless.Everything is digital.
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August 28, 2018, 04:11:09 AM
 #212

Bitcoin is very strong kind of digital technology will become famous in the future.I don't see how bitcoin will be absolete.
Flor1982
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August 28, 2018, 04:15:11 AM
Last edit: August 28, 2018, 06:22:59 AM by Flor1982
 #213

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?

How can be a leading technology will become obsolete if it will be adapted, used and developed by most of the countries that supporting it? Maybe it will be upgraded but it doesn't mean that it will be gone except if there is new technology which is better than existing blockchain then it will be possibly to be superseded or obsolete. Therefore as long as the blockchain will exist then Bitcoin is secure as long as there are people that will invest.
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August 28, 2018, 04:21:49 AM
 #214

bitcoin will not become obsolete as long as there is still interest from investors towards this crypto currency, I think bicoin will be a digital currency that can compete with fiat currencies in terms of transactions
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August 28, 2018, 04:24:32 AM
 #215

Bitcoin's life depends on us - the community. As long as there is community who is using it, Bitcoin will be fine.
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August 28, 2018, 04:32:22 AM
 #216

Bitcoin's life depends on us - the community. As long as there is community who is using it, Bitcoin will be fine.

not only the community alone but also to the majority of people around the world . without them , dont you think bitcoin will have its value and will grow this far ?

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Re: will bitcoin become obsolete?
yes . only if people wont stop buying and supporting it but based on what i see right now , i dont think think bitcoin will end up too early  . bitcoin these days is only getting started and not yet reach its peak  .  based on the statistics , only 40 to 50 % of the people all over the world are now involved to bitcoin and crypto which means we still need another 50% to be able to fully see the development of it .
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August 28, 2018, 04:37:14 AM
 #217

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?

Well eventually Bitcoin will become obsolete but I don't think it will happen in our lifetimes.  I think Bitcoin serves its purpose wonderfully as is and will remain #1 for the foreseeable future.  There may be faster and more technologically advanced coins but they cannot replace bitcoin. 

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August 28, 2018, 04:40:14 AM
 #218

Its already obsolete in technological side.
But community still using it how #1 blockchain, there is community select who will live and who die

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August 28, 2018, 04:40:33 AM
 #219

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 don't know how many times I stumble this kind of post, the technology behind Bitcoin will never become obsolete, but will just to continue to evolve this is to adopt the growing needs of the community and for the fast adoption behind this technology, it will not die like all the other shitposters are posting.
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August 28, 2018, 05:38:29 AM
 #220

I think blockchain technology in the future is very necessary for large countries because with various transactions that are difficult to track, creating a blockchain has a very positive impact on various political systems later.

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