celjc (OP)
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The TRUTH shall set you free ;-)
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August 07, 2018, 05:56:04 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
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Oniko
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August 07, 2018, 06:07:33 PM |
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No one can with 100% certainty that bitcoin will not disappear in 100 years.
Technologies are developing very rapidly and perhaps we will see a more technologically advanced payment system in the future
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Daniel91
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August 07, 2018, 06:13:35 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
Nobody can give you such assurance, forget it. In the short term, I don't worry about bitcoin. Bitcoin is still number one and main entry point for new users. But, who can predict future, what may happen in 10, 20, 30 years...? Maybe you already know answer? Can you explain about this prophesy? |
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Thekool1s
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Change is in your hands
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August 07, 2018, 06:26:31 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
The Free and Open Internet is your assurance. As long as it will remain free and open to everyone. Bitcoin will last. Nothing can top this. The moment the internet will go down bitcoin will go down with it. Also, what are these prophesies? mind mentioning them or linking them here? |
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Voda1973
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August 07, 2018, 06:30:04 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
You will hear how some crypto enthusiasts talk about something called "Bitcoin dominant". This phrase, which is used to indicate the proportion of the total number of bitcoins on the crypto market. When it falls below 50%, the maximalists begin to cry. Ultimately, this is generally a meaningless metric. Over time, it will drop below 10%, and this is good for the rest of the crypt. Bitcoin is a crypto-grandfather, the first and still the largest online currency of the peer-to-peer network. Someday something will definitely move bitcoin from # 1 place, but not now: the promised Flippening is not close yet. But even if bitcoin remains on top, its dominant will continue to fall. Why? It's simple - other crypto projects do not just grow, they're becoming more and more numerous. It does not matter if bitcoin will achieve market capitalization of $ 10 trillion. If there are thousands of crypto projects with a market capitalization of $ 10 billion, it is possible that the share of BTC in the total will decrease to single digits. A smaller slice of a large pie. Or just a much bigger pie. Is it bad? |
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sebo.k
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August 07, 2018, 06:32:25 PM |
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Bitcoins like any other cryptocurrency is here to stay and I don't see any thing that seems to let crypto fails in the near future. Blockchain is now established technology and is a proof that bitcoin will last forever.
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novikov433
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August 07, 2018, 06:42:18 PM |
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There are no guarantees, so it's better not to invest the last money. How can you be sure that under the guarantee that when 95% are generally failing? It is better to invest in passive income and already with it money into the crypto currency. Without this it is impossible to earn, well, and to drive out the market, when news does not work it is not clear how. For all my history, more than one news has not worked properly.
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cuong1610
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August 07, 2018, 07:20:53 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
I believe it will stay for long, but not forever. |
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Manuel05
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August 07, 2018, 07:46:57 PM |
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I can say with a fact that nobody can predict where bitcoin will be in the future, but one thing am sure of is that bitcoin here and now, one of the best payment method we have now and the next few years to come. So no assurance.
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ralle14
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Merit: 1877
Metawin.com
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August 07, 2018, 08:06:56 PM |
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Bitcoin won't last forever there's no such thing as forever. Every crypto will have it's end but we don't know when. One assurance is Bitcoin's security. Our technology is not powerful enough to brute force in to someone's key and steal their coins. Attacking the Bitcoin network would be costly for anyone just to have the power of double spending in a day or two.
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Finestream
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August 07, 2018, 08:18:03 PM |
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I can say with a fact that nobody can predict where bitcoin will be in the future, but one thing am sure of is that bitcoin here and now, one of the best payment method we have now and the next few years to come. So no assurance.
Yes.Nobody here can really make a right prediction,all we have here are just pure guesses.But as long as people keep on supporting bitcoin and its blockchain technology,increasing its users and investors every year,now i am sure that it is bound to lasts longer but i think not forever. |
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Thirdspace
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August 07, 2018, 08:27:05 PM |
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Can you share some strong reasons of why Bitcoin will last?
as long as people believe in the concept/system and keep using it, bitcoin will last to completely wipe bitcoin out of existence, you need to break its entire networks/users/peers and decentralization (peer-to-peer technology) makes it quite resilience and hard to destroy |
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francedeni
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August 07, 2018, 08:32:19 PM |
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Their is no guaranteed that bitcoin will last forever. We dont know what will gonna happen more years from now. Once people continued support on this technology bitcoin will continues. No one know how long because of fluctuations.
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bloodyvio
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August 07, 2018, 11:44:14 PM |
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no one knows and no one can guarantee bitcoin will last long or not
all we can do is believe and take profit from it
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r32godzilla
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August 07, 2018, 11:47:39 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
No one could give assurance about how long would bitcoin exist.But we have already seen hundreds of obituary in internet that bitcoin is dead but still it managed to survive. |
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eann014
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August 07, 2018, 11:49:10 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
No one will ever know how long bitcoin will stay, and for how many years more but I think it also depends on users and it is us who will make bitcoin grow in the future and will bitcoin stay for long. Don't stop using it and we need to unite all and not just go to other currencies because, in my opinion, other currencies are also relying on bitcoin, so there are no other currencies if there is no bitcoin. |
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Btcmicel
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August 07, 2018, 11:57:16 PM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
No one will ever know how long bitcoin will stay, and for how many years more but I think it also depends on users and it is us who will make bitcoin grow in the future and will bitcoin stay for long. Don't stop using it and we need to unite all and not just go to other currencies because, in my opinion, other currencies are also relying on bitcoin, so there are no other currencies if there is no bitcoin. For me, bitcoin proven themself for how many years, so there is no reason that they can prove it again as long as we are supporting bitcoin, well grow and continue to scatered in many places all over the world. We can do it... |
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Meysa_richa
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August 08, 2018, 12:01:34 AM |
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it is true that bitcoin will fall but it is temporary and only the price and will not make bitcoin die, I believe that bitcoin will forever live because of the advancing technological sophistication and increasingly extensive internet network.
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pooya87
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August 08, 2018, 01:55:51 AM |
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there is no "assurance" and what you see is what you get with bitcoin. if you want it then you get in and if you don't, well you stay out!
this has always been part of the risk involving bitcoin. it is a new form of money in a new way, aka a decentralized way. the technology is new also and we are still improving it. the adoption is growing, millions of dollars are being transferred through bitcoin every day and lots of merchants are accepting it as a payment but it still is a toddler taking its first steps.
but at the same time if someone said bitcoin will fail with certainty, then i assure you they are buying a lot of it and want others to not to buy so that they can buy more.
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guybrushthreepwood
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August 08, 2018, 09:28:29 AM |
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What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?
The Free and Open Internet is your assurance. As long as it will remain free and open to everyone. Bitcoin will last. Nothing can top this. The moment the internet will go down bitcoin will go down with it. Also, what are these prophesies? mind mentioning them or linking them here? I wouldn't be so sure about this. Some form of decentralized currency will likely always exist now and cryptocurrencies are surely here to stay and may even be adopted by the mainstream eventually, but that doesn't mean it has to be bitcoin. Don't get me wrong, I hope bitcoin remains the king or crypto forever, but there's always the threat it could be superseded by something better or more efficient. I think governments will even start issuing their own fiat-based currencies eventually that may replace paper money but they obviously won't be decentralized and that's why some sort of decentralized currency will still exist to operate outside the mainstream and free from government controls, but it certainly isn't guaranteed to be bitcoin. For that reason I wouldn't treat bitcoin as a sure thing and people should be aware of the risks that bitcoin is only worth what people are prepared to pay for it and it's value could fall in favor of another currency if it offers far superior benefits. |
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