sikkan
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December 20, 2018, 05:08:36 PM |
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Good point as a matter of fact. It is quite possible scenario but what can be done about it? I suppose we better follow the situation, learn more and try to foresee the moment to jump into a new technology
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Stac
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December 20, 2018, 05:11:59 PM |
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According to my point of view I disagree with this point that bitcoin will not survive but it can survive . Since Bitcoin is a digital decentralized currency that can be operated world wide, and the features of Bitcoins are attractive and is linked with the block chain technology, and its all transactions are recorded in an electronic ledger . The block chain ensures the clarity and security systems of Bitcoin and controls the Bitcoin for the proper functioning . There is no third party interference in the transaction of bitcoin . Bitcoin is a new form of economy and totally contrary to the present economical concepts and found it suitable to the modern world . Bitcoin is limited to 21 million and when it reaches to 21 million the production will stop then naturally the price will increase, when the supply is stopped its market demand will increase and hence its price can shoot up . No one can prophesy what will happen the coming years.
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izanagi narukami
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December 20, 2018, 05:13:39 PM |
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If we see the fact, bitcoin still have high demand as the value is quite enough. Even it's getting green at the moment !
While bitcoin almost get mined ( 21 million total supply ) which mean it's getting rare for next 5 or 10 year so I think bitcoin will keep exist for next 50 years !
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gabmen
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December 20, 2018, 05:18:35 PM |
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Nothing is eternal. And bitcoin is no exception. But there is no Bitcoin and 10 years. Bitcoin will last for quite a long time at least 100 years.
If it lasts for a hundred years,its safe to say it probably lasted forever:lol I don't believe in the notion that nothing lasts forever,bitcoin is not some ponzi scam or a fancy coin and it's proven that in just ten years. Probably most alts would disappear sooner or later,but I doubt the bitcoin will follow suit,as long as devs keep working on the technology,and adding additional features,then the bitcoin could last for as long as possible There's no assurance in this market that's fot sure. Bitcoin may be around in 10 years or more, or it may be replaced by another more valuable coin. Or the society people live in in the future may not have any use for digital assets. I don't think many people expect btc to last forever anyway.
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FedorIzmailov
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December 20, 2018, 05:23:59 PM |
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Of course, once it will cease to be relevant, but it seems to me that we will definitely not zatsane it because it will be used for several centuries.
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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December 20, 2018, 06:09:26 PM |
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Of course. Nothing will last forever. Eventually everything will get replaced. But, this replacement is not going to be instant. It will probably takes decades before the replacement takes place. Like look at what happened to VHS tapes and VCRs. We don't use them anymore because something better has been developed which eventually took over. The same thing might happen with crypto currencies. They will be replaced with something better, but will take long enough before it actually happens.
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joromz1226
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December 20, 2018, 06:21:20 PM |
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Like all digital technology, it is unquestionable that sooner or later bitcoin will have to be replaced by a superior technology, just as in the past we saw many devices become obsolete when at the time seemed insurmountable, such as CDs or PCs.
Obviously this will happen in a gradual way, but I do not believe that bitcoin can retain its current dominance for more than ten years before starting to fall into disuse, although perhaps its influence could persist in the market about ten years.
In the end, bitcoin is likely to subsist for many years, but by then it will have evolved in such a way that it will be virtually unrecognizable for today’s standards, and in fact it is difficult that in 15 years there is something similar to the current cryptocurrencies before the spectacular advances in digital technology that are approaching.
Maybe for you mate bitcoin will not last forever, but for bitcoin fanatic of course they will hold to this belief. as long as that there is a users who continued patronizing its features for sure it will survive for a years. And we cannot say what will happen tomorrow, and also the market was very unpredictable too.
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oceantiger
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December 20, 2018, 06:24:48 PM |
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Nothing last forever so it is possible that bitcoin will one day be replaced by something more suprior but for now bitcoin is still the best with the attached blockchain technology. Bitcoin has been around for ten years now and it is still waxing strong leading other altcoin both in price and volume.
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emberbekas
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December 20, 2018, 07:02:03 PM |
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Nothing last forever so it is possible that bitcoin will one day be replaced by something more suprior but for now bitcoin is still the best with the attached blockchain technology. Bitcoin has been around for ten years now and it is still waxing strong leading other altcoin both in price and volume.
True, nothing will last forever but from my own researches, bitcoin will last longer and there is no sign yet for its existence will be gone. It may be replaced by the other technology someday but it won't happen soon. Keep updating ourselves with the recent news regularly will for sure help us to devolve if the transition occurs, someday.
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leexhin
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December 20, 2018, 07:09:08 PM |
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We couldn't expect that it could always be with us, We should also consider that it wouldn't last forever, But one thing is for sure even if the Bitcoin ends crypto currency would stay.
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aoluain
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December 20, 2018, 07:40:08 PM Last edit: December 20, 2018, 08:27:31 PM by aoluain |
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Well for me it will last forever because it will outlive me and probably everyone else on this forum too.
No need to get hung up on the life span of bitcoin. If we work towards keeping it alive while we are around we can pass it on to the next group.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Hematoma
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December 20, 2018, 07:44:25 PM |
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I imagine the utility of bitcoin will last forever, but not its value as a speculative investment. Blockchain will be valuable for many years to come, I think, and Bitcoin is the biggest name in that space. Excited to see what people do with it. Not convinced it's a solid 10-20 year investment though.
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basyang
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December 20, 2018, 09:07:12 PM |
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Like all digital technology, it is unquestionable that sooner or later bitcoin will have to be replaced by a superior technology, just as in the past we saw many devices become obsolete when at the time seemed insurmountable, such as CDs or PCs.
Obviously this will happen in a gradual way, but I do not believe that bitcoin can retain its current dominance for more than ten years before starting to fall into disuse, although perhaps its influence could persist in the market about ten years.
In the end, bitcoin is likely to subsist for many years, but by then it will have evolved in such a way that it will be virtually unrecognizable for today’s standards, and in fact it is difficult that in 15 years there is something similar to the current cryptocurrencies before the spectacular advances in digital technology that are approaching.
Let we say that there has a possibilty that bitcoin will have a competitor even now there is Eth and other coins that want to become number 1 in ranking. As of now, bitcoin is in the top rank lets enjoy it before it will loose its value because of coming coins that will won against bitcoin. But as of now, that bitcoin is popular to used it will not defeated. Lets believe to want bitcoin will do and continue to explore to it.
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ShowOff
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December 20, 2018, 09:09:45 PM |
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Already planted that on my mind, gladly i already have a little shop that build with profit from bitcoin, so when this all end i still have something that can give me income in future. It must be done by everyone too before it's too late.
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A7373
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December 20, 2018, 09:16:08 PM |
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I think that your concerns are completely in vain. Bitcoin is a technology and system that can be refined and improved constantly.
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npiappes
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December 21, 2018, 10:56:56 AM |
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I think maybe it can if the public will be open to it and will give it a chance...
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xuan87
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December 21, 2018, 11:05:40 AM |
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I agree, nothing will last forever,so Bitcoin need to keep on updating and creating new technology so the users feel more satisfy with Bitcoin, Bitcoin need to bring the best so it can become the king of crypto, with constant improvement I believe Bitcoin will survive longer, Bitcoin existence is depend on the users,so when the users still using it then Bitcoin will keep on going
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Global LED Adoption Through Blockchain Technology ≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒ | |
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Tnt1971
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December 21, 2018, 11:35:39 AM |
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Yes I believe your opinion because Bitcoin never fruad because day by day people involving themselves in the cryptocurrency due to security, transfer facilities, less risk and any others facilities.
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jemarie20
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December 21, 2018, 11:51:10 AM |
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Yes I agree with you, because here in the world ending of all things are always present that is why we need to be prepared on it, even we are not expecting somethings those things but its better prepared.
Dont invest your whole money in the crypto world but just a half on it, and use the crypto world to build your future, like building your own business using your crypto profit, so whatever happen your prepared because you have an investment in both crypto world and real world.
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Mr.Spreadthehamster
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December 21, 2018, 12:07:10 PM |
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Any new technology in one decade can turn into more advanced or disappear. I think Bitcoin will live long and grow as the leader of the crypto community. But not forever, nothing is forever
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