BTC is near to end

[BitNaija]

FUD.
Remember that the whole concept of bitcoin is not yet fully comprehended. To conclude that it will die is not out of place, but it is a personal opinion I guess. As the days go bye, more and more research is being carried out on bitcoin. Soon I believe, a solution will be found to the reasons for such fears.

[nicko122]

The best option to get bitcoins now is to buy at a low price. Then you can do what you want, sell, leave for the future. Many people do this, it means that the end of bitcoin is not yet to be foreseen.

[paragon07]

Bitcoin is the first decentralized currency of all cryto, but this coin will never end or being crashed. Bitcoin facing a crisis right now, price are having pump and dump situation. These time we are testing our trust and faith on bitcoin, need more patience and waiting for the right time to recover.

[entrepmind23]

Bitcoin is currently the leading penny in the market. Although the price is low it still stands at the top of the money, I never thought the bitcoin would end. Bitcoin prices will rise again in the near future, I am sure so. Now I just keep waiting for bitcoin to recover in the market. I have faith in bitcoin.

If ever bitcoin would end then there are still so many cryptocurrencies out there that can be an alternative to it so for now, we should take this opportunity from it since bitcoin is still the most in demand cryptocurrency out there. If ever its light will not shine anymore then we should then accumulate the coin that would replace bitcoin then. There are so many options but for now, let's accumulate bitcoin because it is the king of crypto currently.

FUD.
Remember that the whole concept of bitcoin is not yet fully comprehended. To conclude that it will die is not out of place, but it is a personal opinion I guess. As the days go bye, more and more research is being carried out on bitcoin. Soon I believe, a solution will be found to the reasons for such fears.

Every time there is bad news, we should read it carefully because there are times when they would just omit some information for the news to become even though it is suppose to be a good news that's why we should do our due diligence.

[KluFf]

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

On my opinion about mining is becomes pointless . I think it is because many people are mining Bitcoin. And i see that it is affect the earnings in mining job.
Only few Bitcoin will be mined per person or per mining rig.


And Bitcoin will not End . Many Fakenews that always affecting tge cryptos.
Just be patient. We dont know what will be the next move in the market

[ys fs]

if that is indeed going to happen, then we should say goodbye to BTC, and if BTC returns at a shocking price then what will we do? Do you still want to declare that BTC will end..?

[xIIImaL]

I do not think this op understand the BTC's worth and so on correctly. I believe may be he die before ends from this world and this time worth of bitcoin will be 10 times higher in some years. Whoever missed these days out of the bitcoin can be have as investment soon.

With in some months I expect bitcoin price will be touch the 19k USD end of this year. Please set and hold on for bullish run from the bitcoin side.

[Sanjida]

I don't think BTC is coming to end because now is starting to bitcoin with a high demand volume.i believe very soon it will be accepted as a currency.maybe tommorow is the  bad news for bitcoin. but it is not the end I should we must necessity to pause for the correct time.

[Dondont]

I do not think that Bitcoin ends so soon and less now that people who are not so up-to-date start to get to know it a bit more. Although if this year does not rise in December, I do not know if it would be the end or not, but it would be bad news and many people would back out.

Why people expect BTC to rise this year? Believe me: if there was a real strong reason to expect, that BTC will skyrocket this year, there would be much more transactions and active new addresses. Despite of if BTC is legit or scam.

unfortunately, some people have hoped too high, as if that hope was pegged at that point, and until now we know that the longer the price has dropped further and the bad news about crypto is also increasing, it is not very supportive for crypto to be smooth this year

[elisabetheva]

Can it really happen that bitcoin will end? it seems like I didn't see that because until now there have been many altcoins that have all been based on bitcoin. so that I doubt that will happen other than going to present a good altcoin so that it can replace it.

[pawanjain]

May be what is you said is true but it's not necessary for it to happen. Things can go the other way too.
There would surely be people who will still be willing to mine BTC despite the high mining difficulty.
The profit might be less but still it won't effect much to the bigger players out there with huge mining rigs.
What if the algorithm is changed from proof of work to something better ? I highly doubt this though.
But the point is that there numerous possibilities out there and hence making such vague predictions would make you look like spreading FUD.

[polyballz]

I don't think that Bitcoin has ended so fast because I see a large Bitcoin community around the world and I am also sure that this technology can help people to make transactions faster and safer. Even if this year doesn't increase in December, I will still refuse to say that Bitcoin is almost over, because I believe Bitcoin will rise again at the end of the year.

[dohh]

First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

I understand that Bitcoin have its own end but no one knows when maybe it could be longer than 20 or 40 years. The price of Bitcoin dictates the profitability of Bitcoin mining and so far it's been that way for a very long time. If the price continues to grow we should be fine and as time goes by more efficient miners will be made to keep Bitcoin mining profitable. There's a lot of things that could change in 20 - 40 years.


We're still far away from mining all 21m and at that point there could be a better crypto that already killed Bitcoin or the majority continues to use Bitcoin .

Very good You mention some other coin will be killing BTC. Now moneywise, what would that mean for all "investors"? Losing their money, right? Now, just for second assume, that BTC was never meant to become a ready product. If it was designed to be money collector. What would it make BTC then?

[dohh]

First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).

It is no secret, that solving blocks is getting more difficult and that is happening in exponential rate.
https://bitinfocharts.com/comparison/bitcoin-difficulty.html

At the same time, profitability of mining vanishes into zero. It has ROI negative in most of countries already.
https://bitinfocharts.com/comparison/bitcoin-mining_profitability.html

At the same time Hash rate grows and grows.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Its a common myth here, that vanishing profitability of mining is covered by transaction fees, but that is far from being true.

https://bitcoinfees.info/

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

How do you know if mining will be pointless, if btc has a good price it's not pointless at all. Unfortunately you can't look in the future and predict btc prices.

Math. Ready my original post. Mining becoming pointless is inevitable.

[feehannah]

Even bitcoin has only a limited supply it doesn't mean that  it is near to end because i believed bitcoin is the strongest digital coin in crypto market. There are so many humps but it continue to rise up and pump. Bitcoin never end as long as there are demand and supply in the market.

[Arafat01775]

I think bitcoin is never near to end. Yeah its true that bitcoin price is low but it not means to bitcoin end. Bitcoin is a most popular coin in the world. Most of people are involved with bitcoin. I hope that bitcoin will be grow up again and it very soon.

[devil before evil]

no its not true.bitcoin has bright future day by day BTC price is increasing.in the next up coming year bitcoins price will get higher price.

[Austino1]

I totally disagree, bitcoin is the famous coin so far and I don't see chances of being overthrow by altcoin cos bintcoin is waxing strong

[Catch-22]

Not again! Why do people that says bitcoin is going to die are only coming out now? I guess we’ll just gonna have to get used to it. Can’t wait for bitcoin to become mainstream.  

[cotton ball]

I don't think that Bitcoin has ended so fast because I see a large Bitcoin community around the world and I am also sure that this technology can help people to make transactions faster and safer. Even if this year doesn't increase in December, I will still refuse to say that Bitcoin is almost over, because I believe Bitcoin will rise again at the end of the year.

Indeed, mining conditions are very difficult at the moment, but I just think about how the fate of Bitcoin will be when supply reaches its limit, whether Bitcoin still has a price or maybe the price will continue to soar due to difficulties getting blocked because after the miner's supply only gets a fee per transaction that I know and maybe in 2020 all conditions in Crypto will change.