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gajebo
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September 06, 2018, 04:55:51 AM |
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Are you sure bitcoin will end ?, Even though the price is now falling but the price is still quite high compared to the initial price of bitcoin in 2009, I believe that the future of bitcoin will be bright and will not end now.
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skeletica
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September 06, 2018, 04:59:24 AM |
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the higher the level of difficulty, the cost of electricity consumption which is the duty of miners who still have to be paid.
I think currently miners who have little capital will stop mining, unless they have 3 times the capital.
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virendarnagpal
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September 06, 2018, 05:10:29 AM |
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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).
Necessity is the mother of inventions. Issue raised by you ; I do not object to that. You have given links favuring your arguments. But still it can not be an end to an era. I am also of the view that nothing is permanent in this Universe. Even big stars which are thousands times bigger than earth have to die one day. So Bitcoin is very minor thing as compared to those stars. But still I am of the view that there will be certain inventions resolving the problems mentioned by you or some better alternative will be invented. |
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vfrcbv91
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September 06, 2018, 05:22:39 AM |
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The profitability of mining has now become negative, but this does not prevent people from mining now. I think it is temporary and soon miners will make a profit. |
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buternasek
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September 06, 2018, 05:27:02 AM |
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I think currently bitcoin mining is almost unprofitable, unlike the previous year. the level of difficulty is getting higher, the cost of electricity consumption continues to rise, plus the current market conditions make people increasingly reluctant to do mining. |
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dohh (OP)
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September 06, 2018, 05:30:00 AM |
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The profitability of mining has now become negative, but this does not prevent people from mining now. I think it is temporary and soon miners will make a profit. NO, it will get worse. And very quickly. Look at those graphs, I posted in OP, they can not be turned back. |
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dohh (OP)
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September 06, 2018, 05:31:36 AM |
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Are you sure bitcoin will end ?, Even though the price is now falling but the price is still quite high compared to the initial price of bitcoin in 2009, I believe that the future of bitcoin will be bright and will not end now.
Yes I´m sure. And yes, BTC price is higher, than 2009. And I even agree, that it will (temporarily) grow again. Thats the essence of pump & dump. |
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CryptoNoneOriginal
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September 06, 2018, 05:32:49 AM |
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Don't fear people, Bitcoin will always recover no matter what happens.
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Payme21
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September 06, 2018, 05:35:35 AM |
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You have some strong points there but I really don't think bitcoin will end anytime soon. There is a future for it as more and more followers are being recruited and more acceptance is seen
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▀▀▀▀▀█████████ CRYPTON ▬▬▬▬▬▬▬▬
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Fitrilalala
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The Exchange for EOS Community
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September 06, 2018, 05:39:00 AM |
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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. well i dont think you are wrong but i do think we are in stage of regulations and there is still so many uncetainity which make so many FUD. We are about to enter the blockchain era and also i do think market will be better in november. Recent dump is caused by golfman sach cancel to open custody cause they think its hard to do it and crypto regulation still uncertain. |
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dohh (OP)
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September 06, 2018, 05:58:37 AM |
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You have some strong points there but I really don't think bitcoin will end anytime soon. There is a future for it as more and more followers are being recruited and more acceptance is seen
Thats is not true after 2016 either. https://bitinfocharts.com/comparison/sentbyaddress-btc.htmlIf You look at actual ACTIVE and unique addresses, You see no important growth in there. It has been decreasing even before "skyrocket" at the end of last year, when it certainly grew for a short while. |
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dohh (OP)
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September 06, 2018, 06:04:17 AM |
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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. well i dont think you are wrong but i do think we are in stage of regulations and there is still so many uncetainity which make so many FUD. We are about to enter the blockchain era and also i do think market will be better in november. Recent dump is caused by golfman sach cancel to open custody cause they think its hard to do it and crypto regulation still uncertain. What would be advesative to FUD? BFS - boiled frog syndrome? |
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killat
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Be the reason someone smiles today
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September 06, 2018, 06:06:04 AM |
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Bitcoin is not near to end, mate. You might think this if you invested more than you can afford to lose and you are panicked now by seeing the price decreasing.
However, in worst case scenario, Bitcoin might transform into a holding asset like gold and not to become a currency for daily usage. But even so, this would not be the end of Bitcoin.
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Roidz92
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September 06, 2018, 06:09:59 AM |
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Completely wrong bro. By the way, if btc has no future, what we will use as a money in future?  You know that usd/EUR/fiat will collapse in some year, and if you say "no", we can't continue talking. So when fiat money will collapse, what will happen to people's money? surely we will not have another crypto out of bitcoin. |
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Undamobil
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September 06, 2018, 06:36:19 AM |
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I don't think bitcoin is coming to end, I even think very soon bitcoin will serve as such of exchanging good and services all over the world ,I don't think bitcoin will end
How can bitcoin end, we know that since the inception of bitcoin in 2009 the price is truly extraordinary and not a few who don't understand blockchain technology |
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