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Author Topic: bitcoin might be over but blockchain will live  (Read 2094 times)
altcointalk14
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December 25, 2019, 11:52:54 AM
 #81

Bitcoin and blockchain both came together, will live and prosper together. While blockchain is getting acceptance in government corridors, there is a massive community supporting bitcoin and other cryptos. Even in this bearish market bitcoin market cap is 131 billion US dollar and some say btc game is over.
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December 25, 2019, 12:15:02 PM
 #82

I understand your perspective but I don't understand on what logic you said that Bitcoin might be over. The technology of blockchain is already being implemented in many industries and Bitcoin is being used by the masses. It'll be there until people use it and I don't think it'll be over that soon
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December 25, 2019, 01:49:19 PM
 #83

I understand your perspective but I don't understand on what logic you said that Bitcoin might be over. The technology of blockchain is already being implemented in many industries and Bitcoin is being used by the masses. It'll be there until people use it and I don't think it'll be over that soon
Maybe he is talking about the remaining supply of bitcoin, when the last bitcoin is mined i think that is when "bitcoin is over" that he is talking about. Bitcoin may be nearly reaching its total supply but the fact that we are innovating and yes lots of companies are considering it in their next step i think they will come up with an idea on how will they make bitcoin become more useful for the public and they will not let bitcoin collapse or vanished.



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December 25, 2019, 02:08:00 PM
 #84

Bitcoin and blockchain both came together, will live and prosper together. While blockchain is getting acceptance in government corridors, there is a massive community supporting bitcoin and other cryptos. Even in this bearish market bitcoin market cap is 131 billion US dollar and some say btc game is over.
You cannot expect the government to appreciate the decentralized currency, it all depends upon individual use case, be it as a storage of value or a currency that you are using or trading and the notion of bitcoin dying is just ludicrous as this is a new concept and it will take time to develop into the scaling of a traditional system and considering we have a 131 billion market in a short span shows the trust everyone has on the market.
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December 25, 2019, 03:20:54 PM
 #85

Bitcoin and blockchain both came together, will live and prosper together. While blockchain is getting acceptance in government corridors, there is a massive community supporting bitcoin and other cryptos. Even in this bearish market bitcoin market cap is 131 billion US dollar and some say btc game is over.
Right now some government see them differently. Some government like the idea of blockchain technology yet they don't like cryptocurrency (decentralized). Not all government who likes blockchain also likes crypto. But that doesn't mean that crypto won't survive. We've already seen how cryptocurrency survived for the past decade so it can also survive even some government oppose to the idea of decentralized crypto.

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December 26, 2019, 01:07:30 PM
 #86

I understand your perspective but I don't understand on what logic you said that Bitcoin might be over. The technology of blockchain is already being implemented in many industries and Bitcoin is being used by the masses. It'll be there until people use it and I don't think it'll be over that soon

Exactly, bitcoin is more like what even made blockchain popular. That means, bitcoin is part of blockchain or a product that came out from blockchain and would not go down. It can only reduce in price and also increase because it is used as payment and financial transactions.
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December 26, 2019, 02:19:12 PM
 #87

Just because it doesn't move much of what you are expecting doesn't mean it is dead.
That is the problem now with those who are speculating bitcoin.
They tend to get emotional just because the price doesn't fluctuate into how much they want it too.
It is not like that, or should be not like that.

A value of a thing appreciates when there is more usage. Are you being blinded by new crypto currency that are created?
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December 26, 2019, 02:20:11 PM
 #88

Bitcoin and blockchain both came together, will live and prosper together. While blockchain is getting acceptance in government corridors, there is a massive community supporting bitcoin and other cryptos. Even in this bearish market bitcoin market cap is 131 billion US dollar and some say btc game is over.
Right now some government see them differently. Some government like the idea of blockchain technology yet they don't like cryptocurrency (decentralized). Not all government who likes blockchain also likes crypto. But that doesn't mean that crypto won't survive. We've already seen how cryptocurrency survived for the past decade so it can also survive even some government oppose to the idea of decentralized crypto.
Agree, governments seem to focus solely on blockchain technology when it increases transparency and improves government management systems while on the other hand, their interest in bitcoin and crypto is relative, mostly showing negative opinions about the existence of these products but despite these protests and drastic opposition, bitcoin and crypto can still live and thrive to this day. That shows that the government cannot decide the fate of bitcoin, bitcoin will never have an end unless we give up or the manipulation becomes too frightening but it seems difficult when adjustment and manipulation are always very reasonable

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December 26, 2019, 05:37:18 PM
 #89

Just because it doesn't move much of what you are expecting doesn't mean it is dead.
That is the problem now with those who are speculating bitcoin.
They tend to get emotional just because the price doesn't fluctuate into how much they want it too.
It is not like that, or should be not like that.

A value of a thing appreciates when there is more usage. Are you being blinded by new crypto currency that are created?
Possible!

Words like these are to those people who dont have much trust nor positive insights towards bitcoin and do keep telling that
bitcoin might be over? The n what coin they are trying to pertain into?

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December 26, 2019, 05:48:38 PM
 #90

I understand your perspective but I don't understand on what logic you said that Bitcoin might be over. The technology of blockchain is already being implemented in many industries and Bitcoin is being used by the masses. It'll be there until people use it and I don't think it'll be over that soon

Exactly, bitcoin is more like what even made blockchain popular. That means, bitcoin is part of blockchain or a product that came out from blockchain and would not go down. It can only reduce in price and also increase because it is used as payment and financial transactions.
I get your point that blockchain has been known because of the bitcoin's popularity but did not you think why people used the bitcoin back then? it is because of Blockchain technology that offers resistance to data to be modified and alter, secured in short term.So technically speaking Blockchain made itself popular using bitcoin and whom we will be thankful for? Obviously the person/s behind the codename Satoshi Nakamoto. Besides it is only the blockchain technology that the government wants, not the stuffs running above on it, so it is possible that bitcoin can die in not for now at least.

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December 26, 2019, 05:49:42 PM
 #91

Bitcoin keeps going down and forecasts of a rebound don't fulfill anymore
Cryptocurrencies should be moving beyond from being just value storage. Real functionality is needed.

Blockchain technology is well positioned to be the next level of money evolution
But governments are starting to implement it because they know it can save their ailing printed money

When I first proposed to use cryptocurrencies as support for a financial system based on energy instead of money or gold, some members asked me how it would be instrumented. Thanks to them all.

Here it is. The basis of a plan for a financial system based on blockchain technology and energy, mainly solar, that can show the way it may be operative and workable.

TERAFLOPS AND TERALUMENS
https://drive.google.com/open?id=1QtFCyUQx_PjlbOFK-NOm2kY-oSleeJF9

And just in case, the first document
TERAFLOPS AND TERAWATTS
https://drive.google.com/open?id=0B7JgGimv_JMJaWdYQXdtb1RVZVE

I'd really appreciate a review. Thanks in advance
Bitcoin is in a really bad shape for so long already but that doesn't necessarily mean that it would keep on going down till it hits the rock bottom. There's still a chance of survival for bitcoin and the probability of it making its way to the future is way bigger compared to other cryptocurrencies. Indeed blockchain will keep on even without bitcoin since the system is indeed useful and more convenient for some country but still, it would be better if bitcoin and blockchain will make it both in the future for more benefits and betterment of the world's economy.
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December 28, 2019, 08:30:43 AM
 #92

Its a known fact that blockchain has been reputed to be an invention that cannot be relegated to he background and at the same time, there have been series of comments to claim that bitcoin would be relegated but one thing is sure while the existence of blockchain does not guarantee that bitcoin would continue to be relevant, its also does not mean the end of bitcoin because whether its is accepted or not, as far as blockchain is still being used, deployed or implemented, its subtle support for bitcoin and with that, bitcoin would continue to be relevant.
Definitely agree!
Even though cryptocurrency itself crashed never came back, blockchain will remain alive. It has a lot of purpose. You can use it in a company to store files and other stuff. Even you don't subscribe to any cryptocurrency, you can have access in blochchain. Just hire a programmer that knows how to create blockchain for the company and has an expertise in crypto as well.
But even it live for a long run, bitcoin will never crash down.

But the security of the Bitcoin blockchain is achieved by thousands of nodes validating the blocks. They, all together, generate such a hash power that it's virtually impossible for an attacker to provide a higher amount of computation. And all those miners participate in the game only for the block rewards. How can you create a secure blockchain without sufficient block rewards?

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South Park
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December 28, 2019, 08:54:53 PM
 #93

Too bad some people are already losing hope when the massive era is yet to begin.
The blockchain technology is an admirable technology that will effect the future technology in years too come. Fortunately, Bitcoin is part of it, its more like when we mention Blockchain, Bitcoin will be popped up. So I think the era of Bitcoin is yet to come.
Most people have the problem they only focus on the short term, it may seem as a bitcoin is not doing really well lately and that is true but when you look at the long term trajectory of the price you can clearly see that the trend is completely positive and the only thing that you need in order to get benefits out of it is to wait for long enough for the price to go up, because I see the adoption of bitcoin through the world to be almost inevitable taking into account how much better it is compared to all the other currencies in the world.
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December 28, 2019, 09:33:55 PM
 #94

Bitcoin keeps going down and forecasts of a rebound don't fulfill anymore
Cryptocurrencies should be moving beyond from being just value storage. Real functionality is needed.

Blockchain technology is well positioned to be the next level of money evolution
But governments are starting to implement it because they know it can save their ailing printed money

When I first proposed to use cryptocurrencies as support for a financial system based on energy instead of money or gold, some members asked me how it would be instrumented. Thanks to them all.

Here it is. The basis of a plan for a financial system based on blockchain technology and energy, mainly solar, that can show the way it may be operative and workable.

TERAFLOPS AND TERALUMENS
https://drive.google.com/open?id=1QtFCyUQx_PjlbOFK-NOm2kY-oSleeJF9

And just in case, the first document
TERAFLOPS AND TERAWATTS
https://drive.google.com/open?id=0B7JgGimv_JMJaWdYQXdtb1RVZVE

I'd really appreciate a review. Thanks in advance

Sad to say this is what is happening, it is because people are greedy and they brought they capitalist minds down to crypto and infecting it, I hope Bitcoin still manage to overcome this struggle as I am still hoping that day would come. If not then lets move on to what is the next big coin who will succeed or maybe not.
To be honest, until now I never saw any coin that got such a good position as bitcoin has. Bitcoin is the only coin that has the potential to increase a and it’s unbeatable. Yet I am holding and I feel good and secure about its growth only because of blockchain if blockchain was not I won’t be able to keep my investment safe from scammers so yeah blockchain will exist forever.
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December 28, 2019, 10:09:12 PM
 #95

Bitcoin is the only coin that has the potential to increase a and it’s unbeatable.

I understand that it is unbeatable since it is the first one to be made but bitcoin being the "only" coin that has a potentiao to increase? You're wrong. To be honest, there are a lot of better crypto currency than bitcoin in terms of its use, but since bitcoin is the first one, we will be respecting that and is supported by its massive community.

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December 28, 2019, 11:13:03 PM
 #96

Bitcoin never ends. There's a very strong community behind Bitcoin. Think of the first time Bitcoin was released. Those who used to have Bitcoin became very rich. Now there is a community that has the power of dollars. This community is protecting bitcoin.
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December 29, 2019, 02:05:50 PM
 #97

blockchain is a great tech but a bit overvalued. For sure, it will be with us for a very long time in different sphres.
 But i hope that crypto is here to stay too
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December 29, 2019, 03:36:18 PM
 #98

blockchain is a great tech but a bit overvalued. For sure, it will be with us for a very long time in different sphres.
 But i hope that crypto is here to stay too
Of course blockchain will stay for us and no one can't destroy this even bitcoin and all altcoin is dead.  And also crypto will here for us because this will be go in mainstream in the future especially bitcoin.  And we will see many small store and even big companies accepting this as a alternative payment method.  That automatically converted to fiat to avoid the volitile price 
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December 29, 2019, 05:04:53 PM
 #99

Why do you think that the bitcoins might be over ?
The statement itself is very wrong , you should understand that , bitcoins is too deep rooted in the society that it's problem for the government itself , they won't be able to take it out that easily.
Also at the same time yes blockchain is a revolutionary technology and therefore it will stay in this world for days to come , in schools , banks , industries everywhere .
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December 29, 2019, 06:59:04 PM
 #100

blockchain is a great tech but a bit overvalued. For sure, it will be with us for a very long time in different sphres.
 But i hope that crypto is here to stay too
For sure if there will be blockchain so there will be crypto coins as well because we know the basic reason behind invention of blockchain is the needs that was to store bitcoins and crypto coins so yeah blockchain will stay in this world and day by day its getting more importance and popularity so the same thing we expect from crypto coins like bitcoin and Ethereum.

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