Isiaka208
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April 01, 2019, 11:30:31 PM |
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Well, it is still in its early phase hence, we can consider it young to envisage its death. Although, something will replace it someday, but certianly not anytime soon.
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===================================================== BILLCRYPT - CREATING HISTORY=====================================================
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kalstarzz
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April 02, 2019, 12:21:54 AM |
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it is true that it is possible that bitcoin will get a replacement someday, but if we see the advantages that bitcoin has as if it is difficult to replace bitcoin with others. the possibility looks very far away.
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Ipwich
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April 02, 2019, 01:25:59 AM |
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It will be very hard bitcoin to become useless. Especially that bitcoin has already been used for payments. And you asked if how many years will it become useless? No definite years because I cannot see that it will come to an end. Rather, I can see future using blockchain technology with most of the merchandise.
What people don't understand is that even if the price will be back to it's original price, Bitcoin will still remain useful as long as there are miners who will cater the transaction. Everyone should understand the basic, like it's process to determine if it's useful or useless. Everything is quite simple. Most people take Bitcoin as a source of wealth. They still think that BTC will make them rich, and they will not take any efforts to get money. In reality, the price of the cryptocurrency is not the main thing. That's the reaction in early stage and eventually it will change as we have more adopters who uses more than to invest. Right now, there are users but they are also investors at the same time, so they have interest on the price, if it increase they make profit. Also, it cannot be denied that there are people who are convincing others to invest using the bitcoin's success like the bull run to attract them.
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idham29
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April 02, 2019, 02:45:31 AM |
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By that time you say bitcoin is useless it is actually being traded on outrageously high prices. Even if bitcoin doesn't support micropayments anymore still it will be the most transparent and non-editable currency there is. So it will surely have a value.
When bitcoin above all predicts this is a bubble, it turns out it's not and bitcoin is a digital currency because reality exists. When the price of bitcoin goes down, many people predict this is the end of bitcoin travel. That was answered because the price of bitcoin was slowly rising and there were more and more users. Bitcoin will continue to survive as long as users still believe and are used throughout the world.
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imstillthebest
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April 02, 2019, 02:58:58 AM |
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It will be very hard bitcoin to become useless. Especially that bitcoin has already been used for payments. And you asked if how many years will it become useless? No definite years because I cannot see that it will come to an end. Rather, I can see future using blockchain technology with most of the merchandise.
What people don't understand is that even if the price will be back to it's original price, Bitcoin will still remain useful as long as there are miners who will cater the transaction. Everyone should understand the basic, like it's process to determine if it's useful or useless. Everything is quite simple. Most people take Bitcoin as a source of wealth. They still think that BTC will make them rich, and they will not take any efforts to get money. In reality, the price of the cryptocurrency is not the main thing. That's the reaction in early stage and eventually it will change as we have more adopters who uses more than to invest. Right now, there are users but they are also investors at the same time, so they have interest on the price, if it increase they make profit. Also, it cannot be denied that there are people who are convincing others to invest using the bitcoin's success like the bull run to attract them. you are saying that bitcoin is at its early stages today ? well id say no . i dont know if you are aware that bitcoin existed on circa 2008-2009 . the adoption had already increase and we can see it obviously . bull runs can be a reason for people to invest but bears is the one that will attract more investors . with all of those , how can one say that bitcoin will end ?
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Greeno Force
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April 02, 2019, 03:40:48 AM |
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I think Bitcoin will never lose its value. As cryptocurrency develops, Bitcoin will become a major asset for investment, as it is now. Soon we will see that he will overtake gold, but it will happen to no sooner than 20 years from now.
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freedomgo
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April 03, 2019, 10:34:27 AM |
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I think Bitcoin will never lose its value. As cryptocurrency develops, Bitcoin will become a major asset for investment, as it is now. Soon we will see that he will overtake gold, but it will happen to no sooner than 20 years from now.
It will never use it's value because even if it will go back to the beginning it can still has a value, less than $1 but still has value. Bitcoin is not just an investment, it's a technology that is going to change the norms of the world, which is from centralized to decentralized. Isn't that worthy of an increase in value?
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BeGoods
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April 03, 2019, 11:08:34 AM |
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It will be very hard bitcoin to become useless. Especially that bitcoin has already been used for payments. And you asked if how many years will it become useless? No definite years because I cannot see that it will come to an end. Rather, I can see future using blockchain technology with most of the merchandise.
What people don't understand is that even if the price will be back to it's original price, Bitcoin will still remain useful as long as there are miners who will cater the transaction. Everyone should understand the basic, like it's process to determine if it's useful or useless. Everything is quite simple. Most people take Bitcoin as a source of wealth. They still think that BTC will make them rich, and they will not take any efforts to get money. In reality, the price of the cryptocurrency is not the main thing. If you ask how much longer bitcoin will last, certainly no one knows. because the development of bitcoin itself shows a positive thing, as long as users continue to use bitcoin and investors continue to exist, then bitcoin will continue to live and give benefit to anyone
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JNvak
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April 06, 2019, 04:22:50 PM |
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Judging by the current trends, I would say about 7 to 12 years. Oddly specific, I know, but that's my bet.
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gantez
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April 06, 2019, 07:37:03 PM |
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The question for is whether bitcoin will ever disappear totally and not found in cmc because, I think it is a very relevant project and developing with the tech. Judging by the current trends, I would say about 7 to 12 years. Oddly specific, I know, but that's my bet.
![Grin](https://bitcointalk.org/Smileys/default/grin.gif) sure your mind.
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jems
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April 06, 2019, 09:15:55 PM |
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I feel unsure about that but I believe that bitcoin will be able to last even longer because there are still many people who believe in bitcoin.
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Distinctin
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April 07, 2019, 07:04:34 AM |
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I feel unsure about that but I believe that bitcoin will be able to last even longer because there are still many people who believe in bitcoin.
A lot, although not everyone. That makes it very high potential of success in the future. Bitcoin created the blockchain technology which is very useful and it's even use by a lot of businesses now to make their operation more effective. The thing that I like with BTC is it's decentralized nature, this is a game changer and will prevail useful than the centralized one.
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Malsetid
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April 07, 2019, 07:40:59 AM |
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It will be very hard bitcoin to become useless. Especially that bitcoin has already been used for payments. And you asked if how many years will it become useless? No definite years because I cannot see that it will come to an end. Rather, I can see future using blockchain technology with most of the merchandise.
What people don't understand is that even if the price will be back to it's original price, Bitcoin will still remain useful as long as there are miners who will cater the transaction. Everyone should understand the basic, like it's process to determine if it's useful or useless. Everything is quite simple. Most people take Bitcoin as a source of wealth. They still think that BTC will make them rich, and they will not take any efforts to get money. In reality, the price of the cryptocurrency is not the main thing. If you ask how much longer bitcoin will last, certainly no one knows. because the development of bitcoin itself shows a positive thing, as long as users continue to use bitcoin and investors continue to exist, then bitcoin will continue to live and give benefit to anyone And people will continue to use bitcoin. We haven't reached our peak yet and mass adoption hasn't even started. Everything eventually comes to an end. Even all the current systems that we have now like fiat and the current banking system, may one day become obsolete. But crypto i believe is still very far from that.
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LbtalkL
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April 07, 2019, 10:13:56 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 can not imagine of something that will replace bitcoin I think it is irreplaceable. If all bitcoin was mined there are things that will possibly happen maybe miners will be rewarded by transaction fees made by users and bitcoin price will increase massively so there is no end but this is only my point of view.
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Artemis3
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April 07, 2019, 10:23:33 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?
Bitcoin is not static, its being improved. This is one reason is has remained on top, it has addressed its own "shortcomings". And there is still more to come. Things like: faster, cheaper and offline transactions to name a few. Bitcoin is also ready to be made even more quantum resistant, and in case the time comes, it can also expand from 8 to 16 decimals. Therefore chances are quite high no altcoin will ever replace it at the top. Why would it ever be useless? It is quite useful!
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niisarearning
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April 07, 2019, 11:31:48 AM |
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I don’t think bitcoin useless in near future atleast in my life time . Then after I am least bother it exist or not I don’t care about . But one thing will sure more bitcoin fork and upgradation will come if any bad thing going to happen with bitcoin again it will regain its life.
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HyughA
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April 07, 2019, 11:58:32 AM |
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bitcoin will rise to the top and be admired by everyone, no one hates BTC, if that person gets a big profit, including me, this is a lesson for all of us to always understand the meaning of a change
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Mastercon
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April 07, 2019, 12:07:44 PM |
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Bitcoin born to rise not to end. You don't need to worry about bitcoin since there's hug people there who is using it. Its been 10 years and bitcoin is still on the top of the list. I don't think there's any one who can replace the bitcoin. But yeh if people stop using it then there's some chances of ending other wise bitcoin never end
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Nasty23
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April 07, 2019, 01:29:16 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?
Bitcoin is not static, its being improved. This is one reason is has remained on top, it has addressed its own "shortcomings". And there is still more to come. Things like: faster, cheaper and offline transactions to name a few. Bitcoin is also ready to be made even more quantum resistant, and in case the time comes, it can also expand from 8 to 16 decimals. Therefore chances are quite high no altcoin will ever replace it at the top. Why would it ever be useless? It is quite useful! I agree, the bitcoin are continuously improving in order to give the needs of the community on which having an possibility to become widely used and helping the people to increase their financial status in life.
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izanagi narukami
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April 07, 2019, 01:36:54 PM |
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It's endless question because human is greedy creature and they want to maximize their profit as much as possible. So as long as possible.
But is it possible ? Personally I won't take any risk, as long as I have at least 100% profit, I just take it out !
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