cotton ball
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January 08, 2019, 07:24:48 AM |
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To turn off large instruments will certainly require a lot of strength and that is the reason why Bitcoin is very difficult to die and only the internet can make Bitcoin die because all transactions can be done if there is an internet connection and if the internet goes extinct then all digital money will be extinct and for now this Bitcoin will remain until the internet doesn't exist.
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jseverson
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January 08, 2019, 07:46:17 AM |
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Bitcoin is amazing but in a fast changing world ( technologically), there are no impossibilities. And if you hold that bitcoin is an ideology, Ideologies do change as new information become available. Once upon a time, blackberry phones were a thing, now they are obsolete.We are still at the early stage of crypto mainac and a lot could happen to change the course of events-good or bad.
This reasoning makes perfect sense, but what most people don't factor into it is that Bitcoin itself is still a work in progress. If something were to render Bitcoin obsolete at this point, it would take revolutionizing the blockchain approach in such a way that Bitcoin development can't keep up. I simply don't see that happening anytime soon. True scalability hasn't even been achieved yet. It can die though. The question is of its likelihood. The idea is for a decentralized payment network; that can be achieved by other coins, or maybe even something else that's entirely different.
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Lambolife (OP)
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January 08, 2019, 09:18:28 AM |
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you are wrong because you are only focusing on one part of bitcoin. it is true that bitcoin is an idea but also bitcoin is a currency, a payment system that is working globally and this system like any other system can die one day and disappear. the idea isn't going anywhere and it will be built on but the system itself can go away.
but that doesn't mean it will though at least not for many years, possibly not in our lifetime.
If the system dies but the idea is alive then people will just build a new system with the same idea perhaps different properties. So bitcoin really cannot die along with BTC.
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Kakmakr
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January 08, 2019, 10:29:37 AM |
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Yes, Satoshi did not just release a piece of code onto the internet, he dropped a bomb in the financial world, by injecting the idea that Fiat currencies are not the only reserve currencies and that Crypto currencies can replace reserve currencies, if the people wanted that.
The idea sparked a whole new way of thinking about governments and reserve currencies and what decentralized payment networks can be, if you cannot take it down.
Bitcoin is a disruptive force!
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yazher
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January 08, 2019, 10:56:42 AM |
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Bitcoin will not die so soon If God's will, however if you say never die. everything in this world will die and will be forgotten as time past everyone will make another technology to surpass the idea of bitcoins and the like of it. and someone gonna tell again that this new technology will not die and so on so forth. let's face it.
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Savemore
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January 08, 2019, 02:17:04 PM |
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Quarrels do happen and debates makes the discussion firm but if its too much and you are feeling not good with that anyway its best for you to stay away from any discussion.
Just think on how internet was also debated during 90's and people are very skeptic to it. And now, what's with internet today? biggest businesses needed it as their primary weapon to keep on operating.
Just like what people think with bitcoin nowadays.
Do not mind the perspective of other people. If they think that it will die easily, do not interfere and just let them say what they want to say. If you have really information about bitcoin, you will hold it even there are big challenges that it facing in the market.
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kalstarzz
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January 08, 2019, 02:41:31 PM |
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I don't think it is like that, bitcoin can die at any time, because I see Bitcoin does not have the legality of all countries in the world, so the possibility of death is still there, even though that death in my opinion is difficult.
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Lambolife (OP)
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January 08, 2019, 04:47:54 PM |
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I don't think it is like that, bitcoin can die at any time, because I see Bitcoin does not have the legality of all countries in the world, so the possibility of death is still there, even though that death in my opinion is difficult.
The point was to get out of the system entirely. We don't join them, we beat them. We have Ripple is more than happy to join them so good luck to them
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Freddie Aguiluz
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January 08, 2019, 05:33:04 PM |
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Who says it will? Most crypto experts said that, "what we’re experiencing right now is just a lot of more of what has already happened". This was very true. I can't remember just how many times i've seen and read in the news that Bitcoin died. But every time, this cryptocurrency battle it out for survival -as always- ultimately rebounding in a very impressive way. Even with all the hypes, Bitcoin is one coin that have proven to be a real deal. That up to this day, Bitcoin is still the most valued cryptocurrency with the largest market capitalization. Will it die? I don't think so.
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omonuyak
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January 08, 2019, 06:04:47 PM |
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Bitcoin cannot die under any circumstances. Ever! Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed. I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over. And I've thought a lot about the answers I got and continued to reflect. And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4QIf you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right? I really agree with you. How can a great discovered like blockchain technology die. I think bitcoin is the future of our financial system and though we have not gotten the full grep of it I believe that we are going to use it seriously in future.
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kindy01
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January 08, 2019, 06:24:06 PM |
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Bitcoin cannot die under any circumstances. Ever! Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed. I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over. And I've thought a lot about the answers I got and continued to reflect. And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4QIf you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right? It's a yes for me! Cos right now great things will continue to evolve from bitcoin and the crypto world in general. That is why I strive to correct people when they try to say that they are coming in late. We're only getting started!
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KingScorpio
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January 08, 2019, 06:39:47 PM |
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Bitcoin cannot die under any circumstances. Ever! Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed. I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over. And I've thought a lot about the answers I got and continued to reflect. And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4QIf you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right? It's a yes for me! Cos right now great things will continue to evolve from bitcoin and the crypto world in general. That is why I strive to correct people when they try to say that they are coming in late. We're only getting started! nope crypto wont evovle, there is a simple and good reason for that. cryptomarket is basically centred with the corrupt bitcoin centered index on bitcoin, nothing can happen, and bitcoin can then indeed die alttogether with the scam index that the bitcoin creators have established.
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joshv06
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January 08, 2019, 07:26:20 PM |
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Bitcoin cannot die under any circumstances. Ever! Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed. I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over. And I've thought a lot about the answers I got and continued to reflect. And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4QIf you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right? I really agree with you. How can a great discovered like blockchain technology die. I think bitcoin is the future of our financial system and though we have not gotten the full grep of it I believe that we are going to use it seriously in future. Yes obviously bitcoin is the great which is built on blockchain technology and it is very decentralized and secured in nature which changed the financial system and can be replaced easily with fiat currencies. It is very easy to use and it is the digital money which cannot be theft. There are lot of features of bitcoin it cannot be easily depreciated from the market.
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waitforme
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January 08, 2019, 07:30:20 PM |
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Bitcoin can still die and it will still be destroyed if the big guys want this. We are small investors and very few holders of Bitcoin. People who hold a lot of BTC with huge amounts of money always have a huge impact on this market, they can destroy it any time.
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KingScorpio
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January 08, 2019, 07:44:30 PM |
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jes bitcoin can die:
you and you bitcoin will simply become more and more a global joke
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Denton
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January 08, 2019, 08:56:28 PM |
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You're right. Bitcoin is the first cryptocurrency that opened up new opportunities for us, people will not be able to just forget it. Bitcoin won't die. It's the currency of the future.
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tytanhamon04
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A nexgen decentralized ride hailing
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January 08, 2019, 09:48:57 PM |
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I absolutely agree with you. Bitcoin is a technology that works regardless of the value of the coin and for this reason it will not die and will not depreciate.
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Tnt1971
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January 08, 2019, 09:53:57 PM |
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Yes sir I am fully supported your agreement because bitcoin and altcoins will not die any circumstances. Because an important and most popular online virtual currencies which is using worldwide. How can it would be die??
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arnelandvik
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January 08, 2019, 10:50:34 PM |
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Indeed, this idea is unlikely to die, but I believe that we shouldn't pin such high hopes on it
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Indrawan77
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January 08, 2019, 11:19:34 PM |
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Well its kind of true, the bitcoin could be dead if no one used it anymore but the idea, the feature and the innovation will continue to live, bitcoin is the first crypto that introduce decentralised and anonymity, the shape of bitcoin could die but I believe there will be another coin continue the bitcoin legacy if bitcoin really die
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