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jseverson
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March 26, 2019, 01:56:44 AM |
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If we look at the way how technology updates, it will only have a very short life span. But since because bitcoin is a currency, I do not think it will come to that. It will not be totally useless. Just like how fiat is becoming outdated because of online payments and the use of cards. There is a better way to make payments but we still use fiat anyways.
Even if you look at it purely from a technological perspective, it's bound to survive for a while. It's in constant development and there are a lot of things planned in the future. Barring a massive breakthrough in blockchain technology, I don't see anything rendering it obsolete within our lifetimes. |
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Aldrinx00
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Activity: 882
Merit: 13
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March 26, 2019, 02:53:41 AM |
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Bitcoin will totally be useless if there is no people who will mine or even try to use it for trading etc. However i don't think that it will happen soon because we are way far from mining the total 21m bitcoin and also bitcoin is gaining more popularity from all over the world and will be used for a very longtime.
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avikz
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Activity: 3080
Merit: 1499
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March 26, 2019, 03:02:57 AM |
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Hello!
We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
At least our next two generations will not see bitcoin's doomsday for sure. It is incorrect to look at bitcoin as a profit making asset only, because it is not! The way we all are moving towards a cashless economy, cryptos like bitcoi will have a lot more to deliver! Give it a breathing time mate! It is just 10 years old we are already seeing a lot of developments happening. So its certainly not a correct time to talk about its end. Also talking about the replacement, we already have a lot of advanced cryptocurrencies available for many different usage. But did they replace bitcoin? Certainly No! |
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Choyor
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March 26, 2019, 03:09:13 AM |
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As long as there are people who are interested in adopting and using Bitcoin, then during that time the Bitcoin will stay alive and will not die. Bitcoin will never be replaced with another as long as it remains dynamic. In my opinion, currently Bitcoin is still the development stage, not the end of growth. Bitcoin is still the parent of all existing Altcoin.
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Johnzky
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Activity: 616
Merit: 30
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March 26, 2019, 03:56:38 AM |
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Hello!
We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
Never comes out of mind till now,but wild guess do you want?maybe 30-50 years or more longer ,the truth is?for me it will never happen ,not in our lifetime |
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gabbie2010
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March 26, 2019, 04:26:20 AM |
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Hello!
We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
I will agree that there may be another alternative or substitute to bitcoin but that does not mean that it will later turn useless. Gold had been existing for ages as an asset while investors do trade it till this days and other store it as a physical asset while bitcoin will remain as a digital currency and store of value for its enthusiast irrespective of whether there is another better alternative to it thus predicting its live span for its to become irrelevant is to me baseless and will not stand test of time. |
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Kakmakr
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Activity: 3444
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
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March 26, 2019, 05:48:16 AM |
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People still buy vintage cars, even though newer cars are more technological advanced.  Bitcoin will always be the first Crypto currency and it will always be desirable as a collectors item in the future, because it has a nostalgic value for this generation. So, Bitcoin will never be useless and it will always have value to someone, even if it is only sentimental value. Let's just be positive and appreciate the fact that Bitcoin will be the most desirable vintage coin in the future. |
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bitcoinisbest
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March 26, 2019, 06:00:35 AM |
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Hello!
We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
As long as people are alive it will always have some use. It will continue to grow in coming years and not otherwise which only a few certain people believe that the end would come soon, or might reach to 100$ etc. Also the growth would be tremendous in coming time and if some country make it legal in the mean time it would spike in the prices like anything. |
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jake zyrus
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March 26, 2019, 06:28:26 AM |
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Hello!
We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
Well it's hard to tell. As long as there are people who uses bitcoin and can benefit from it, bitcoin will continue. Bitcoin is a great advencement of technology so expect that it will still continue to grow and people will find it very useful for a long time. Maybe when it reaches its limit for adoption and when people already find it useless. But telling an exact number of years is kinda hard since it'll take so much time, I guess. |
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Xenrise
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March 26, 2019, 07:09:47 AM |
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between 175-450 years.
Nice optimistic view. In my own point of view, bitcoin will never die. What will be left for those exchange that trusted bitcoin? What will be left for those investors that sacrificed a lot of their money for investing in bitcoin? There are so many reasons why bitcoin will never die. And the main reason is, a lot of users are being added in bitcoin every year. So it means that this currency is being backed by many backers. |
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kelz1
Copper Member
Jr. Member
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Activity: 140
Merit: 3
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March 26, 2019, 07:17:14 AM |
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Bitcoin will end when all the governments around the world stop printing extra money and learn to control their economies better. It will never happen
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antisocial77
Jr. Member
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Activity: 378
Merit: 4
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March 26, 2019, 07:32:13 AM |
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Why bitcoin? Question should be about blockchain.even its so young, there is alternative like holochain which means blockchain will not end but blockchain and it's alternatives always will be in our lifes.
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Silica NeXus
▄▄▄▄▄ Crowdfund the Nexus ▄▄▄▄▄ |
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ahmadinejad93
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March 26, 2019, 07:59:18 AM |
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I personally never thought about that, because today's bitcoin fans continue to grow and are difficult to replace. I am sure Bitcoin is always beneficial to the whole world at any time. in fact many businesses have grown and individual Bitcoin users. Including real businesses in the real world such as restaurants, apartments, law firms, and well-known online services such as Namecheap and Reddit. Although Bitcoin is considered a new phenomenon, Bitcoin has grown quite rapidly.
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PlusOne88
Member
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Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
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March 26, 2019, 08:44:57 AM |
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I think it will become useless when nobody will no longer use it and not because people will just dislike it. It would take some time before any newer technology may surpass the current ones we have now so I believe it would be long enough, but if within 30 to 50 years computers will be made even faster the possibility of changing how cryptocurrency encryption is made may force a total system change. Thus may probably end what technology has existed now.
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lyks15
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March 26, 2019, 09:51:37 AM |
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Some are asking how many money that I need to earn to stop me in doing bitcoin. I think if possible I will spend all of myblife in doing bitcoin. Why?because I'am greedy? No! Because I want to fullfil my dreams and goals and most of all, I want to give a good and comfartable life in my family. Don't be sarcastic all of us needs money for daily needs. So I hope bitcoin will never end.
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Xxmodded
Sr. Member
Offline
Activity: 2254
Merit: 309
Undeads.com - P2E Runner Game
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March 26, 2019, 12:08:22 PM |
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Hello!
We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
I think it's too early to say what you think. no one can measure and predict for sure, or maybe bitcoin can actually be adopted globally by all countries as the official currency. this can be considered on the other side. so I guess what will happen later we can't all know, but the benefits of bitcoin will be very useful in every trade transaction or online or real-life shop |
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Mr.Ease
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March 26, 2019, 12:21:42 PM |
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Some are asking how many money that I need to earn to stop me in doing bitcoin. I think if possible I will spend all of myblife in doing bitcoin. Why?because I'am greedy? No! Because I want to fullfil my dreams and goals and most of all, I want to give a good and comfartable life in my family. Don't be sarcastic all of us needs money for daily needs. So I hope bitcoin will never end.
Gosh, that sounds a lot like greed to me... You want to fullfil your dreams by investing in Bitcoin and hoping for massive returns... Without greed, you wouldn't care so much about money. But you want nice things... You want to live "better" than others. Don't be ashamed of your own greed - own it. |
~ Too Many Scams, Schemes, and Shitcoins... ~
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lablab03
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March 26, 2019, 12:39:37 PM |
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For me of course until the very end wherein probably when miners provide their resignation letter and leave on their work . Lol because actually miners still working quietly behind and they're still enjoying. so while miners still there i will stay also to make profits with bitcoin even though sometimes it's struggling it doesn't matter.
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davis196
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March 26, 2019, 12:45:50 PM |
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Hello!
We, all crypto users are wish a long life to bitcoin to it continue to bring us some extra profit on different ways. But one day something new will replace bitcoin. My question is - how many year you give to bitcoin before it will turn totally useless?
Fiat-Paper money and modern banking services exist for around several hundred years.Bitcoin could easily reach 200-300 years,if there's no global disaster or a global crypto mining ban. If a better cryptocurrency replace bitcoin,this won't be the end of btc.It will continue to exist as the second best cryptocurrency. |
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vv181
Legendary
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Activity: 1932
Merit: 1273
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March 26, 2019, 12:55:45 PM |
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~
Bound to survive isn't a proper word IMO, Bitcoin nature is open source, and that is mean the underlying technologies aspect is built to openly and widely developed by anyone. Also, the technologies of Bitcoin is able to withstand any change in the code with the soft-fork and hard-fork features. It is our job as a user to continuously develop BItcoin, so it stays alive. ~
Exactly! Also, there are some famous quotations like, "Bitcoin can't go to zero because, if somehow it reaches 1$ I'll passionately buying it." |
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