Bitcoin longevity

[Kema1]

I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

[1714996849]

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[Umkar]

I do not know about you, but I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Perhaps this is temporary, we'll see. However, while bitcoin is far from being in better shape and lags far behind many coins in technical characteristics and functional capabilities.
The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future.

[Gozie51]

The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future.

The next five years is rather too short for the strong competition I believe you are talking of. For certain people, it could seem as if bitcoin is losing its popularity because price has not pumped but I don't think this is exactly the true situation. The digital currency is facing greater challenges this year because of the soaring price from last year and so, many questions are being asked.

[hugeblack]

I think bitcoin has a higher tendency to stay on the market and won't go off.

Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human]
Does it mean that it will not explode economically or will the price not return to zero "won't go off"?

Bitcoin is the grandpapa of all cryptos

Bitcoin is the original version and alts are counterfeit.  

bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

There are many millionaires in emerging countries, and the economy is still miserable.
Bitcoin is not the magic solution to all economic problems, but if it well exploited, economic aspects will improve a lot.
Also, if you consider that Bitcoin is an investment that will make everyone rich, you should rethink

I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency.

Because we have more than 1736 cryptocurrencies, bitcoin dominance[47.4%] has declined "only mathematically." sources ----->  https://coinmarketcap.com/currencies/bitcoin/

[Tigorss]

I think bitcoin has a higher tendency to stay on the market and won't go off.

Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human]
Does it mean that it will not explode economically or will the price not return to zero "won't go off"?

Bitcoin is the grandpapa of all cryptos

Bitcoin is the original version and alts are counterfeit.  

bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

There are many millionaires in emerging countries, and the economy is still miserable.
Bitcoin is not the magic solution to all economic problems, but if it well exploited, economic aspects will improve a lot.
Also, if you consider that Bitcoin is an investment that will make everyone rich, you should rethink

I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency.

Because we have more than 1736 cryptocurrencies, bitcoin dominance[47.4%] has declined "only mathematically." sources ----->  https://coinmarketcap.com/currencies/bitcoin/

Payments in Bitcoin occur entirely in encryption, so personal info is safe and cannot be seen by others. What can be seen by others is only the address used for the transfer. You also become protected from identity theft cases that are rife in ordinary banking.

[rosymadaan7]

Bitcoin has long life ,nowadays bitcoins are taking much popularity and people are taking intrest in it
That's why we can say bitcoin longavity is on the peak

[Gadhoh]

When "demand" for Bitcoin rises, the price of Bitcoin rises. If "demand" is lacking, prices will go down. That's the opposite. Unlike matawang fiat or escort. Prices and values can be escorted by parties in power or manipulated by certain parties.

[milewilda]

I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

Not to destroy your very very positive views and beliefs into Bitcoin. I would like to ask you this. Why you are so sure? remember that nothing do last forever into its spot. We cant really deny that bitcoin is really a revolutionary thing that had been discovered which do give us out a benefit when it comes to payment system and together it do gives a money making opportunity but it cant really guarantee a top spot forever which on all coins in the market theres always a tendency of switching places but this all depends on users support on which coin will able to have the better benefits.

[Zohina]

I do not know about you, but I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Perhaps this is temporary, we'll see. However, while bitcoin is far from being in better shape and lags far behind many coins in technical characteristics and functional capabilities.
The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future.

I think it is true that the value of bitcoin is decreasing but it seems to occur only temporarily, probably due to the many other cryptocurrency currencies that are on the rise, but it cannot be denied that the world of global trade is in desperate need of fast practical currency and there are no barriers between countries, and that everything is in the cryptocurrency currency, I think many governments in developed countries like Europe, America and other developed countries have seen that huge potential, and they are learning how to be able to apply taxes and identify for their users, in addition to minimizing the potential of money laundering also to ensure that the government can control the rate of the digital currency, so it is very likely that in the next ten years the need for digital currency will be very large and will certainly increase the value of the currency.

[Ridwan Fauzi]

Some people say (maybe including you) bitcoin will replace money fiat. Because some functions that support it will happen. If some people think like that, one day bitcoin will be replaced with a currency or digital currency that is better than bitcoin with certainty.

[KorakPawon]

that means it will never fall / die, there is bitcoin will grow and bitcoin users will increase, especially with the development of the increasingly advanced internet-internet has entered the village, so it is possible that bitcoin users will spread to regions.

[Kemarit]

I understand your point. You seems to be very passionate about bitcoin.

I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos.

Right now bitcoin has dominated and has been dominating since its inception. But there's a possibility that a new coin will be born in the future to take the crown from bitcoin.

Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak.

If you are on the top, there's always someone who wanted to pull you down and take that spot. ETH and Ripple (XRP) and Bitcoin Cash (BCH) have attempted but failed.

Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

However, I don't think that bitcoin is the solution specially in 3rd world countries to alleviate their financial status. Becoming millionaires in bitcoin will take you time, but its not a get rich scheme. You need to be emotionally strong at this ecosystem. Patience, making the right decision is the key to success here. You don't expect to get rich without the risk and doing nothing.

[erikjoy]

bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

There are many millionaires in emerging countries, and the economy is still miserable.
Bitcoin is not the magic solution to all economic problems, but if it well exploited, economic aspects will improve a lot.
Also, if you consider that Bitcoin is an investment that will make everyone rich, you should rethink

I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency.

Because we have more than 1736 cryptocurrencies, bitcoin dominance[47.4%] has declined "only mathematically." sources ----->  https://coinmarketcap.com/currencies/bitcoin/

This is what I don't get. How can bitcoin make everyone better off? Only a minority of people use it despite its gaining popularity. It cannot be a magic solution to economic problems. It can only be one more tool that will fascilitate the transfer of money and remove the intermediaries so that people can transact for cheaper. But the ones who transact $0.25 for loaf of bread will not notice any difference in their standing because of bitcoin. In fact, they won't even be able to use bitcoin for things like that.

The dominance of bitcoin is still present in the way that people use it for longer term holdings. The other altcoins are just quick little pump & dump runs and rarely last longer than that.

[Dhanjit25]

It would not be wise if we try to determine bitcoins longevity just because of the ups and down in it's value in the market . It's hard to know exactly , you never know what happens in the next few years . Bitcoin have started it's journey from scratch . From basically nothing to $20,000 USD . And there will be ups and downs in the market . It's a business cycle . Assuming it's downfall too soon would be a foolish decision for us .

[BitHodler]

If you are on the top, there's always someone who wanted to pull you down and take that spot. ETH and Ripple (XRP) and Bitcoin Cash (BCH) have attempted but failed.

Technically speaking, Ethereum (the devs) never claimed to have any intention of surpassing Bitcoin in any way. It's as always the community behind it trying to act cool and hype up their investment in Ethereum.

BCH and XRP on the other hand have actually expressed how they think their rubbish coins are better than Bitcoin and should be the main vehicle in this industry. It's quite funny and pathetic at the same time.

Interesting fact is that Roger Ver has some form of involvement in XRP and he seems to own quite a large chunk of it as well. This could very well explain their shared anti Bitcoin ideology.

[genuin]

I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

Bitcoin is getting more support in the world. A number of countries decide to accept it as a currency and commodity. As a result, more and more institutions and companies are accepting Bitcoin. Countries that have received Bitcoin include Japan and America. In both countries, the liquidity of Bitcoin is very high because it is used as a currency and traded commodity. Denmark, Finland and South Korea are also countries that accept Bitcoin. That's what makes bitcoin very popular with the public

[1Referee]

Bitcoin is a technology and technology does not last forever. [There must be a new technology better than Bitcoin, so evolved human]

Bitcoin is a software protocol. It can be updated/upgraded throughout the years to make sure it remains relevant and that's exactly what has been happening.

Another important aspect is that in the crypto world having "better" alternatives doesn't mean they will surpass the "older" protocols. Bitcoin is still the top dog. Ethereum is firm second, where in both cases there are "better" alternatives but they fail to convert that into success because it has little meaning here. It has proven to be nearly impossible to gain ground as new project, and another thing is that the majority of the projects that do pop up nowadays are centralized.

[btc-facebook]

As long as it has demand, bitcoin will stay. The problem mostly because government regulation whenever they want to legalize or not.
Bitcoin can't be reach current value without our help so we as investor become the main role playing bitcoin market toward global world so guys , whenever it's turn red, just keep Hold it !

[Gadhoh]

I understand that the supply of Bitcoins, by design, will not continue to grow to infinity, but is "capped" at 21,000,000. This amount is not in circulation, however, because there are coins that have yet to be mined. I also understand that the reward for a successful miner is 25 coins, but that the reward will be reduced by a factor of 0.5 at certain points. It seems like the supply of coins will always approach 21,000,000 but never actually get there - a limit. If this is all accurate, does this imply that the incentives for miners will also be reduced? As time goes on, following this logic, miners should stop working altogether, at which point, new transactions can no longer be added. The Bitcoin phenomenon is hard for many to understand. Given it’s a digital currency that has no central authority, has mystery surrounding its creator and revolves around ‘online mining’ for its creation, it’s easy to understand why.
That answer appears quite simple: growing media interest has created a spiral of demand. The more rapidly the price has moved, the more press coverage it has received and, consequently, the more people have been introduced to – and demanded – the digital currency.
Assuming this all plays out, would people simply "roll" into a new blockchain at that time? First of all the miners also collect all the fees from all transactions. That should compensate for the reduction in new coins being mined. Another factor is the price of Bitcoin, either in USD or by the time USD doesn't exist anymore, the number of aircraft carriers you can buy for 1 Bitcoin.
Rolling out a new chain will actually probably become harder and harder over time as the network effect causes people to use the chain that is most useful. The number of other people that use it is a big part of its usefulness.

Another advantage of Bitcoin is its development with Idealism. In a sense, the government does not interfere in trading Bitcoin. With this, it is clear that you alone must analyze the Bitcoin currency. So you who have Bitcoin can develop it themselves in the market.

[Alpacera]

I do not know about you, but I still see that bitcoin is losing its popularity and losing its dominant value among the crypto currency. Perhaps this is temporary, we'll see. However, while bitcoin is far from being in better shape and lags far behind many coins in technical characteristics and functional capabilities.
The next five months, that is, before the end of this year, should show what will happen to bitcoin in the future.

It's fully understandable if the popularity decreases when prices don't grow. The technology on the other hand is still being worked on and developed so after some time we surely might see another bull runs.