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Author Topic: bitcoin might be over but blockchain will live  (Read 2040 times)
Polo7
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January 01, 2020, 08:51:17 PM
 #121

Bitcoin Wake up Only If People Will need btc Badly!
But They Don't so.... 2020 Will be slow slow death for btc then.....


But Wait minute everytime When u sell someone always Will buy it from You!
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January 01, 2020, 08:56:59 PM
 #122

Yes it could happen but as long as crypto is here to stay, bitcoin will never die, maybe it will loss the lead but it will never die.

Bitcoin is decentralized and there's no better blockchain here but to be being decentralized as this gives real freedom to people like us.

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January 01, 2020, 09:06:48 PM
 #123

If btc dies then what?  All Ur btc Will disapere in wallet?

Unlikely this rather is btc price to fall very down
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January 02, 2020, 03:56:11 AM
 #124

While I agree that Bitcoin may not be the best or the perfect cryptocurrency, but it may be the first, the most widely recognised and, in my opinion, the most used, it can last for a generation and more. Although we can't really tell exactly how things are going to happen in the future, of course, but I have high hopes on Bitcoin more than any other cryptocurrency on the market. Competitors will always be there, and there are signs that we have a safe and competitive environment, something we should be very proud of. Now, with the technology of blockchain, I am sure that it will be embraced by more and more companies and even nations, and that is good. Adoption in the block, however
right, no one knows the future of bitcoin, but indeed the blockchain will be more easily adopted by many countries, with a decentralized system that can ease human work. I think the blockchain will still exist and there are no problems, and so will Bitcoin, after many countries evaluate dollars that are no longer relevant


AjithBtc
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January 02, 2020, 06:35:17 AM
 #125

Yes it could happen but as long as crypto is here to stay, bitcoin will never die, maybe it will loss the lead but it will never die.

Bitcoin is decentralized and there's no better blockchain here but to be being decentralized as this gives real freedom to people like us.
Bitcoin will never die for any reason. Maybe if governments unite together it might lead to decrease in the usage of bitcoin. This might cause bitcoin to loss its importance, but bitcoin won't die for any reason. With every passing year the growth of bitcoin is found to be progressing forward. Blockchain technology usage too keeps counting, and this assures growth of bitcoin to happen along with the blockchain technology.

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January 02, 2020, 07:14:49 AM
 #126

Blockchain is a part of the Bitcoin technology, and not the other way around. Blockchain will be in existence only if Bitcoin exists. A lot of people (including the governmental players) are trying to paint Blockchain as innovative technology and at the same time trying to whitewash Bitcoin as some illegal money payment system used by criminals. They need to understand that Blockchain is irreversibly connected to Bitcoin.

Blockchain can be modified as much as you like, it's don't need Bitcoin to build blockchain.
The government has been researching on blockchain technology, it's highly chance that they will create country coin that is centralized with cryptocurrency ecosystem and want to ban other cryptocurrency that already exists, such as China plans recently.
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January 02, 2020, 07:47:30 AM
 #127

it is true because if everyone uses bitcoin then it will not be able to because the supply of bitcoin is very limited it will be easy to manipulate prices and certainly will harm many people, you better use blockchain technology but don't use bitcoin which is very volatile.

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Wintersoldier
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January 02, 2020, 08:11:03 AM
 #128

it is true because if everyone uses bitcoin then it will not be able to because the supply of bitcoin is very limited it will be easy to manipulate prices and certainly will harm many people, you better use blockchain technology but don't use bitcoin which is very volatile.

Do we think that bitcoin will be easily manipulated? Or is it better to think that because of the limited supply of bitcoin, it is the reason that will drive the bitcoin to increase its market price in the future. Although, there are many cryptocurrency that has potential to be used in daily transactions, bitcoin is the best and people would probably thanking bitcoin why we are now in a new phase of economic development in currency and financial stability.
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January 02, 2020, 04:48:59 PM
 #129

We can say blockchain is like a family head that has many childs among them the most prominent and capable child is bitcoin. The fame blockchain enjoying right now is due to bitcoin. Just like decentralized bitcoin is not acceptable to government and other bodies. Decentralized blockchain is also not acceptable to governments bodies but a centralized one aka private blockchain.

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January 02, 2020, 09:55:35 PM
 #130

Blockchain is an advanced technology. The face of this technology is bitcoin. Without Bitcoin, the blockchain wouldn't be so famous. I think bitcoin proved itself. This market is the kingdom of bitcoin. Blockchain is used in which area so much.
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January 03, 2020, 11:35:59 PM
 #131

Bitcoin is the personification of the blockchain, at least at the current stage. Volatility, of course, greatly spoils the reputation of cryptocurrencies, but it is also the reason for the opening of vast opportunities for earning impossible in other areas of this type. Bitcoin is alive thanks to the blockchain, and will live thanks to it.

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January 03, 2020, 11:57:57 PM
 #132

Blockchain is a powerful technology where there are many features that can still be developed. Banking and insurance are some of the ones who will develop this technology. But in my opinion bitcoin won't die either, it will still be there side by side with the development of the blockchain. But it is true that people are now more interested in the blockchain, I hope people can solve more problems with this technology.
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January 04, 2020, 01:10:14 AM
 #133

Blockchain is a powerful technology where there are many features that can still be developed. Banking and insurance are some of the ones who will develop this technology. But in my opinion bitcoin won't die either, it will still be there side by side with the development of the blockchain. But it is true that people are now more interested in the blockchain, I hope people can solve more problems with this technology.

These two technologies will be taken more separated in nearest future I believe.
Unfortunately cryptocurrencies (and bitcoin) are partly about gambling and illegal activities so that's what media are talking about.
Blockchain on the other hand is just a technology to solve problems.

However after that Venezuela situation bitcoin could gain respect in some way
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January 04, 2020, 10:15:46 AM
 #134

Bitcoin is the personification of the blockchain, at least at the current stage. Volatility, of course, greatly spoils the reputation of cryptocurrencies, but it is also the reason for the opening of vast opportunities for earning impossible in other areas of this type. Bitcoin is alive thanks to the blockchain, and will live thanks to it.


And the vice versa. I mean, Bitcoin's blockchain is the most secure one around, right? If people need to use a secure blockchain for a serious business, they can pay higher transaction fees, and wait a bit more for the confirmation than on other blockchains, but, at the same time, they can be sure that they are using the most tamper-proof one, and that's what is more important for them than saving 50 cents or waiting 10-15 minutes less for confirmation.

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January 04, 2020, 01:47:52 PM
 #135

Blockchain is a powerful technology where there are many features that can still be developed. Banking and insurance are some of the ones who will develop this technology. But in my opinion bitcoin won't die either, it will still be there side by side with the development of the blockchain. But it is true that people are now more interested in the blockchain, I hope people can solve more problems with this technology.
I think people's attention is focused on bitcoin more, instead of focusing on blockchain technology as you say because blockchain technology can have many unique things but the technology market never lacks similar technologies, so few people care about blockchain. However, based on blockchain technology, Bitcoin becomes a new and extremely special product, the level of risk and profit then its stimulation in an area is very clear, if considered in the long run, bitcoin will probably live better than blockchain when too few cryptocurrencies can replace it

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January 04, 2020, 01:53:20 PM
 #136

How can you be sure bitcoin will never die? Have you ever thought of increasing its value naturally? never ! Prior to 2015 investors only invested in bitcoin and other alts with the aim of developing blockchain technology. But now the market has been alienated by manipulators and has made Bitcoin's price soar even though its technology has not improved. Even now bitcoin transfers are very long and costly, they are not as good as they used to be. its value will soon be discovered and people have no reason to keep it.
Funny because currently the fee for each bitcoin transaction is as low as 10 sat/byte and that's significantly lower than before although if converted to dollar it's not as cheap as it's back then but that's a big improvement considering back in 2017 at the peak ATH the fee alone could be $20 for each transaction. The length of block confirmation also seems a lot normal and better than before and whenever there's still hash power left bitcoin won't die.

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January 04, 2020, 02:06:38 PM
 #137

It is difficult to say which will survive and which will not depend on the economy of the country But I think blockchain is a much more reliable blockchain than Bitcoin which allows us to easily collect and coordinate information Bitcoin will usually survive on its price The strategy of data collection is always sustainable.
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January 05, 2020, 11:39:40 AM
 #138

How can you be sure bitcoin will never die? Have you ever thought of increasing its value naturally? never ! Prior to 2015 investors only invested in bitcoin and other alts with the aim of developing blockchain technology. But now the market has been alienated by manipulators and has made Bitcoin's price soar even though its technology has not improved. Even now bitcoin transfers are very long and costly, they are not as good as they used to be. its value will soon be discovered and people have no reason to keep it.
Funny because currently the fee for each bitcoin transaction is as low as 10 sat/byte and that's significantly lower than before although if converted to dollar it's not as cheap as it's back then but that's a big improvement considering back in 2017 at the peak ATH the fee alone could be $20 for each transaction. The length of block confirmation also seems a lot normal and better than before and whenever there's still hash power left bitcoin won't die.

Right now you can pay 4 satoshis/byte for a fast transaction, and although BTC price is relatively high, it is still only $0.06 for the median transaction size of 202 bytes. And, yes, it's funny that some people are still complaining about "high fees and low speed". Maybe they don't use BTC, and that's why they are not aware of the current situation. Bitcoin is very far from dying, especially today.

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January 05, 2020, 03:33:19 PM
 #139

Yeah, without bitcoin blockchain would have never seen the attention it got, we have blockchain thanks to bitcoin and bitcoin thanks to blockchain. People saw what bitcoin is capable of and how blockchain could be used for many other things and succeed thanks to bitcoin, if bitcoin was unsuccessful and there was a lot of bugs and abuses and problems (I can only think of double spending) then we wouldn't have all this attention towards blockchain neither.

There has been attempts of bitcoin-like things before as well and they all failed because they didn't had the blockchain technology behind it but now that we do have blockchain backing bitcoin and bitcoin showing how awesome it can be, they are both getting amazing interest from all sectors for being together, you can't praise one and not like the other.

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South Park
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January 05, 2020, 07:51:29 PM
 #140

Actually almost all altcoins are dead. Almost only BTC doubled its price 2019.
Its very alive and far from over.
Most blockchain experiments fueled by token, are dead too, as blockchain is not the best solution for every database-usecase.
Yes, BTC will not live forever. But maybe it will live longer than many people think.
And that is the thing, everyone is saying that bitcoin is over and it still doubled its price during the previous year, how negative people have to be to think bitcoin is disappearing because it 'only' gave you 100% in profits, if this was the stock market everyone will be talking about this new stock that is making their investors rich but since this is bitcoin no one misses the opportunity to say bad things about bitcoin even if it is clear it is not going anywhere.
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