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Author Topic: Growth of bitcoin with respect to Blockchain  (Read 327 times)
figmentofmyass
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March 18, 2019, 09:01:46 PM
 #21

Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...

are you sure about that? how do these use cases actually work? permissioned networks that offer no security beyond the current system? federated consensus networks that will open up new attack vectors for double spending?

i've never seen a working prototype or even a proof of concept for the supposed blockchain revolutions coming in these industries. i think it's all just hype and R&D and most of it will go nowhere.

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March 18, 2019, 09:06:35 PM
 #22

What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?
You believed in marketing buzz word that means nothing.  Bitcoin IS blockchain and blockchain IS bitcoin. Only bitcoin have distributed computing power to secure blockchain, no other project in the world have it so their "blockchain" is just database Smiley.
Keep facts first, then marketing stuff because you don't gain knowledge from TV ads right? So you should not from "blockchain" projects ads also.
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March 19, 2019, 03:56:24 AM
 #23

The blockchain technology can perform so may real life operations, it can be implemented in more areas than just in the cryptocurrency area, that's the reason why it has grown and will continue to grow faster.The blockchain technology has more use than the bitcoin and it's more easily accepted
I guess when we speak of blockchain it should be bitcoin.
Who originated the blockchain? Of course it's coming from bitcoin or in the crypto so whatever development they will have with blockchain, they should look up to the one who originated that. In order to give credit, let's support Bitcoin so investors will be rewarded and decentralization will prosper.

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GreatArkansas
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March 19, 2019, 05:13:48 AM
 #24

I don't agree to what you said that bitcoin is lacking behind, adoption is increasing as time goes by. Different companies starting to use blockchain and there are some companies starting to accept bitcoins for the payment of their goods or services. As also you can see on this chart, the transactions per day are also increasing.


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March 19, 2019, 05:27:44 AM
 #25

"The Blockchain" idea has grown exponentially, because it is hyped up in the media and the financial industry has something to develop now. There has been little development and creativity in the financial industry for many years and Bitcoin stimulated this industry with the introduction of the Blockchain.

Bitcoin the token has been "tainted" by the corrupt media, because the financial industry behind them want to develop their own private token and the Bitcoin token will be their biggest competition.  Angry

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March 19, 2019, 07:07:13 AM
 #26

Something I do not notice that the blockchain has grown so much as you wrote about it. Give examples of those companies that use blockchain in the real economy and these projects are already working. I think that you find it difficult to name more than 5 projects. But everyone know about Bitcoin all over the world. And it continues to evolve. And do not forget that if the blockchain turns out to be introduced into the real economy and humanity finds this technology very useful, then Bitcoin is likely to become the number one payment method in the world. As you understand, it can become the most common blockchain in the world. So I would not worry that Bitcoin will disappear or become a mediocre project.

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mohammedmattar
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March 20, 2019, 10:41:14 PM
 #27

Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...
But with the growing development of the Blockchain, bitcoin is still lacking behind with the adoption. The adoption rate has been increased over the time but is still less than expected.
This shows that the people/industries trust more on blockchain and less on bitcoin. Don't you guys think if it keeps going on like this then bitcoin won't make it big in the future.
What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?

Blockchain will be a revolution in the coming years
have already begun to enter into many industries such as health and financial services tourism and others
BTC is another story subject to market laws
on the other hand, BTC offered us the financial freedom we wanted
As well as the elimination of third party control to a large extent.
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March 20, 2019, 11:20:33 PM
 #28

We need to increase the trust and try to persuade governments to legalise bitcoin, some of the adoption slowing down because the government ban bitcoin, and we need to educate people about bitcoin, what is the usage and the potential in the future, and hopefully we can decrease the criminality using bitcoin, the rising of blockchain usage can give a positive growth to bitcoin
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