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Author Topic: Which will survive in long run Bitcoin or Blockchain???  (Read 1454 times)
Ridwan Fauzi
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November 20, 2018, 03:18:19 AM
 #81

Bitcoin is part of the blockchain and it's not blockchain part of bitcoin. The Blockchain can function and be used by everyone who adopts it without them adopting bitcoin, but bitcoin doesn't work anything at all without the blockchain. Actually the government can use the blockchain without having to adopt bitcoin. However, if this happens and every country receives a blockchain and is used then we can be sure that bitcoin will always be there.

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November 20, 2018, 03:19:28 AM
 #82

To what I Know, blockchain will live longer than Bitcoin because blockchain is now used in so many field, it was developed more and more. There is no restriction for blockchain.
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November 20, 2018, 03:56:30 AM
 #83

Blockchain technology has come to say whereas Bitcoin is just a digital currency which depends on it being valuable to stay significant. Blockchain will last much longer than Bitcoin.

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November 20, 2018, 06:36:19 AM
 #84

why do you even insist on separating the two from each other?
it is like asking which one would survive longer, cars or combustion engines! bitcoin is based on blockchain technology and it is the one that introduced it to the world. bitcoin is also the one that is improving this technology and as the technology grows bitcoin grows and vice versa. they are not separate, they are one thing.
I agree with you on this. Personally I think that the introduction of Bitcoin led to the introduction of blockchain as well.  So separating both of them doesn't seem ideal and therefore if any one of them will survive in the long run,  then both of them,  technically speaking will survive as well.

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November 20, 2018, 06:40:32 AM
 #85

Additionally,  Blockchain can be seen as the fuel to bitcoin.  It runs and powers Bitcoin.
Bitcoin is just a currency that is based on blockchain and if they were separated,  then blockchain will last longer because it has proven itself to be the basis on which trustless transactions,  anonymity,  borderless transactions,  low-cost for payments and fast transactions has thrived.  Its use-cases are endless and so it's bound to last longer.

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Nnedaddy1
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November 20, 2018, 07:01:34 AM
 #86

The creation of bitcoincash was what brought about the blockchain technology.
So basically, both are mutually exclusive .
One cannot survive without the other.
If Bitcoin goes into extinction today, blockchain will follow suit.
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November 20, 2018, 07:10:15 AM
 #87

maybe until today, bitcoin is more popular than other crypto, but after we see the hash battle between BCHABC and BCHSV, bitcoin gets a huge impact, so bitcoin falls drastically.

this incident made us realize that blockchain doesn't support bitcoin anymore, today, blockchain is weak for bitcoin, we never know the future of bitcoin, but I think, blockchain always survives for a long time than bitcoin.

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November 20, 2018, 07:12:14 AM
 #88

I think Blockchain technology will outlive Bitcoin because companys are allready using it but ignoring Bitcoin
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November 20, 2018, 07:13:20 AM
 #89

Blockchain is technology and bitcoin is digital currency so for bitcoin Blockchain is very important and these are compatible for now we have many coins and daily new coins coming in the market while both bitcoin and blockchain will exist in the world and we will see our next generations will fully used to it and that time crypto will be a universal currency and it would ready yo use.

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November 20, 2018, 07:21:56 AM
 #90

In my opinion, both of them are a unit that cannot be separated. Over time, bitcoin and blockchain will change. Adjust to your needs. Therefore, in my opinion bitcoin and blockchain will always go hand in hand
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November 20, 2018, 08:02:41 AM
 #91

I think blockchain will survive
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November 20, 2018, 10:40:50 AM
 #92

 Both Bitcoin and Blockchain will go together since Blockchain technology was the greatest revolutionary invention for the decentralized digital currency that is Bitcoin .With the Blockchain technology there will be no manipulations created blockchain technology gives security since Bitcoin is mostly suspected that it will sustain or not we can conclude that Blockchain will survive in long run  for the time been ..




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Jennifer.mathew731
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November 20, 2018, 12:47:28 PM
 #93

Blockchain is the new revolution in the world of digital technology. Both bitcoin and blockchain technology are indispensable. Bitcoin is a byproduct of Blockchain technology and both go hand in hand. However, if we talk about which is to stay longer then obviously Blockchain technology is expected to be here in the long run. Blockchain is a revolutionary technology which is going to transform the entire financial ecosystem. Blockchain is like the internet in the 90’s and now we all know what impact do we have in our lives because of internet. Many industries have already realized the potential of blockchain technology and adopted it widely.
On the other hand, Bitcoin is a just a digital currency which is in the form of a digital ledger backed by the blockchain technology because of which it is accepted across the globe. Bitcoin is the father of digital currency. Bitcoin is going to do to banks what email did to post office and Amazon did to retail. Due to its high volatility, it is giving a lot of investors reasons to doubt its sustainability in the long run. As per the current scenario, bitcoin market has undergone a dip yet people are risking their money in it. What the future holds for Bitcoin, that only time will tell. So, it is wise to say that, Blockchain technology will survive the test of time which might not hold true for Bitcoin.
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November 20, 2018, 12:50:58 PM
 #94

Everyone on this forum is familiar with Bitcoin and Blockchain technology.So no need to discuss what they are except this; Bitcoin is first or we can say father of digital currency world and Blockchain is new revolution in digital technology world.
Currently market is down after a golden run and every day millions of people came to know about this new market and its uses.Some with negative views and some advocate it.Many country allowed crypto trading and many banned because of speculations and scams.There is lots of media attention about Bitcoin since its evolution and then its price rise.Many called Bitcoin a shit/fraud/scam when first it came into light but within 7-8years it touched $20000 per coin.
On other hand many new Altcoins like ETH, Ripple etc. also gain popularity and boost the need of blockchain in every filed.Now from media news and discussion on many forum I came to conclusion that everyone(Govt. big business houses) wants to adopt Blockchain technology but same time they are either opposing or banning Bitcoin and its uses.So my question is will Bitcoin survive or fall???What will happen if every country launch their own crypto currency using Blockchain technology???Will Bitcoin disappear???Please share your views/opinions and experience.

It is really interesting to think what can happen if very country launch their own crypto currency using Blockchain technology... but it will not happen because it is not comfortable to each gowerment - they will loose control os money in the country and they absoluty do not want to do it.
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November 20, 2018, 03:44:01 PM
 #95

I'm not sure for Bitcoin but blockchain technology will certainly be more and more present in the future, its advantages are not measurable.
By the the use of blockchain technologies bitcoin will survive in the near future. Even its not measurable that bitcoin will not survive in the near future but if there is an technologies that helps it to develop more it will probably survive.

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FedorIzmailov
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November 20, 2018, 03:46:53 PM
 #96

blockchain technology is more promising and it seems to me that it will survive 100%. hopefully that bitcoin will also grow and develop
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November 20, 2018, 03:50:18 PM
 #97

But blockchain must exist for Bitcoin to exist. Meaning that, if there is no "Blockchain" there is no Bitcoin. But if there is no Bitcoin, there could still be Blockchain. Cause Blockchain is a technology and Bitcoin is an application of this technology.

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November 22, 2018, 08:01:09 AM
 #98

The first thing you need to understand is that Bitcoin is the first child of blockchain technology. It is not possible for Bitcoin to exist without blockchain. However, while it is true that Bitcoin is a controversial topic in most circles, especially for those outside the financial market, it is still in its very early stages. It has a long way to go before people can recognize it’s true potential and adopt it like a substitute to fiat currency. Blockchain on the other hand is going no where because it has a lot of applications that people are already trying out.
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November 22, 2018, 08:37:36 AM
 #99

Both will survive a long run no doubt. Bitcoin and blockchain technology are connected with each other both are playing a vital role in their perspective area. One is really amazing for making payment and another one is really helpful to make secret documents of the transaction.
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November 22, 2018, 08:43:27 AM
 #100

Going directly to your question, if all countries create their own cryptocurrencies, obviously, bitcoin might disappear but blockchain will remain because it's the host needed to run all cryptos transactions and bitcoin is just another type of cryptocurrency that does not have any other cryptos that depend on it.
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