bitcoin might be over but blockchain will live

[Mihaylovic]

bitcoin can be over. its correct. because there may be better blockchain technologies developped. (Even there is at the moment in my opinion). With bigger network sizes and much better transaction speeds. The better ones will take the flag from bitcoin and go on.

[aBTCd]

Despite decreasing in value, BTC is far from getting over. The technology behind it is evolving in "silent", transaction fees are getting lower, speed is much faster. However, due to broader usage of blockchain technology, and because of it's nature, BC might seem more popular right now. Banks, governments, corporations are implementing BC in its processes and for that, they don't specifically need BTC. But BTC supply is limited, there is demand and at least in a future might be a collectible thing to have (if not anything else but I highly doubt about that). But I am sure it will be more than that.

[killerfrost]

Blockchain will continue to evolve and evolve continuously. But if Bitcoin dies, I think this market will die soon, because Bitcoin affects the whole market. I don't want this scenario to happen because it's really bad, bitcoin will still grow and its price will increase incessantly. In the future Bitcoin will be a huge digital asset that no altcoin can beat or replace.

[Betwrong]

bitcoin can be over. its correct. because there may be better blockchain technologies developped. (Even there is at the moment in my opinion). With bigger network sizes and much better transaction speeds. The better ones will take the flag from bitcoin and go on.

Better transaction speed doesn't mean better blockchain. Hundreds of faster blockchains with much cheaper transaction fees have been around for years, and people haven't switched to them for a reason. Bitcoin's Blockchain is the most secure and the most decentralized one, and people value those characteristics above all others, including scalability. And, btw, the solution to the scalability problem for Bitcoin is on its way.

[wxxyrqa]

The fact is that today you can look at cryptocurrency and the blockchain separately, because even the banking system and other companies are introducing blockchain technology today, where they gradually learn to use this technology for their own benefit.  But at the same time, there is no talk of any use of cryptocurrency.  Based on this, such a situation already suggests that the blockchain can fully exist without cryptocurrency.  In addition, I would like to bring some clarity to the situation with the problems that appear in cryptocurrencies due to state policy.  First of all, it is necessary to consider the fact that states want to maintain a monopoly on increasing the amount of money, which allows them to carry out certain manipulations and scams, which could not be significant when using cryptocurrency.

[carlzec]

Sounds funny. However, blockchain cannot live without bitcoin. Where is Blockchain used? So for what purpose they use it. Apart from bitcoin, the blockchainde is worthwhile. Blockchain's most important product is bitcoin. Bitcoin is now very popular.

[SquallLeonhart]

I don’t really know what’s wrong with some and it really annoys me a lot . Bitcoin will be going up and nobody will complain that the increase is too much and that the profit they are making is much and they don’t deserve it, but when there is a little decrease, that’s it, they will all start saying that Bitcoin is dead and that it is over. This kind of thing really piss me off.

There is nothing like Bitcoin being over, BTC is never going to die, if anyone should say that then they are just saying trash. Bitcoin has no Central control and it can be controlled by everyone, you only have control over coins. Even if Bitcoin is worth $0.01 today, as long as you can still use it for transaction then it’s not dead.

[Sanugarid]

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.

Bitcoin and blockchain is connected to each other and as far as i know, if bitcoin is over, what is the purpose of blockchain in our society? it will standalone?As you said that it is a big fact that blockchain technology is am invention to our society that might help many people and it gives people an opportunities to earn some income out of it. Without one of this, there is a possibility to come up with a problem because it interconnected to each other.

[pikkie]

Sounds funny. However, blockchain cannot live without bitcoin. Where is Blockchain used? So for what purpose they use it. Apart from bitcoin, the blockchainde is worthwhile. Blockchain's most important product is bitcoin. Bitcoin is now very popular.

what I know is the blockchain technology can be used without having to use bitcoin so I think what the OP is saying can happen because bitcoin is not too good if used by many people there will be price manipulation that can harm some people, so it's better to just use the technology.

[Natalim]

Sounds funny. However, blockchain cannot live without bitcoin. Where is Blockchain used? So for what purpose they use it. Apart from bitcoin, the blockchainde is worthwhile. Blockchain's most important product is bitcoin. Bitcoin is now very popular.

what I know is the blockchain technology can be used without having to use bitcoin so I think what the OP is saying can happen because bitcoin is not too good if used by many people there will be price manipulation that can harm some people, so it's better to just use the technology.

That would be a problem too because majority of people when using bitcoin are just using for daily transaction and it is not good at the current situation. However, there's what we called Lightning network, this would help solve that problem and hopefully more company will be using that soon in the future.

We need to peg our stable coin to bitcoin as I don't trust fiat, when a countries economy is down, it would affect our money.

[South Park]

bitcoin can be over. its correct. because there may be better blockchain technologies developped. (Even there is at the moment in my opinion). With bigger network sizes and much better transaction speeds. The better ones will take the flag from bitcoin and go on.

The biggest problem for all of those coins that claim to be better is how are they going to convince people to adopt them and use them? Why I am going to exchange my bitcoin in which the whole world seems to agree they have some value for a bunch of coins that only a handful of people believe they have value and most of those people have an interest in saying so because they are holding a lot of it or they were the ones to develop the coin?

[mr.relax]

bitcoin might be over

Are u crazy? Open your eyes. Bitcoin is well and alive.
And its value rises.
Bitcoin is more than blockchaintechnology.
Its also the  realised revolutionary idea of a trustless money that is not issued by goverment.
Believe in math, no need to trust nations or companies or individuals.
Even if one day, far in future, when Bitcoin dies, this idea will not die.
There will probably only a better but still decentralised coin be more used.
A better trustless moneycoin does not necessary need blockchain. There are other technologies thinkable.
As far as i understand, IOTA goes in that direction-but up to date iota is NOT decentralised..


Centralised Coins are a fake imitation of Bitcoin.
If its Libra , BinanceCoin(BNB) or government issued "cryptocurrencies". All Fake. Its NOT a trustless decentralised money!



Majority of Altcoins are over.
Majority of token that uses smartcontracts and an undelaying blockchain (g.e. ICO-token) are over.
Almost all altcoins lost extreme in value.
If you dont believe, just check deadcoins.com (lists 1839 dead coins, but there are more...)

but blockchain will live

As long as Btc lives, blockchain lives, thats obvious.
With Blockchain you can make much more than only payments.
So yes, blockchain technology will probably live as long as humans will exist( and preserve more than stoneage technology).

So to me this whole thread does not make sense.
Its subject is not a question but a wrong statement.

[sana54210]

It is no longer a new thing, everyone knows already that Blockchain is the main thing, though I don’t really think that Bitcoin will come to an end, maybe other cryptocurrencies would but as for bitcoin it’s going to be different because it’s going to survive. Blockchain is really important, there is still a lot of areas to be explored when it comes to Blockchain.

It is believed that Blockchain cannot only be used for transaction but for other purposes as well, like voting, monitoring supply chains, digital ID, copyright protection, and a lot more. A lot of companies are starting to adopt blockchain, and very soon Government will start adopting it as well.

[kapalmabur]

Sounds funny. However, blockchain cannot live without bitcoin. Where is Blockchain used? So for what purpose they use it. Apart from bitcoin, the blockchainde is worthwhile. Blockchain's most important product is bitcoin. Bitcoin is now very popular.

Blockchain is technology, and Bitcoin is the implementation, it is only natural that Bitcoin is dead, the technology used is still there, anything can happen, risk is the key

[Forbiddenone]

Bitcoin is going no where , something that is primarily never go out of fashion as in future we will see good altcoin which is better than btc in every aspect but still btc will not go out. As for Blockchain it is revolutionary technology and it will keep on improving in future so its growth is endless.

[Betwrong]

Bitcoin is going no where , something that is primarily never go out of fashion as in future we will see good altcoin which is better than btc in every aspect but still btc will not go out. As for Blockchain it is revolutionary technology and it will keep on improving in future so its growth is endless.

That's what is really important. Bitcoin isn't a stagnant entity, it keeps improving all the time, because a great team of developers is behind it. How can we say that something is "might be over" when it hasn't reached its full potential yet? And I agree on the fashion part. Only I think there is a reason for that, which is much stronger than simply BTC to be a "fashion thing". It can appear to us that there is a "good altcoin which is better than btc in every aspect", but it is very likely that time will prove we were wrong.

[huige007]

It is no longer a new thing, everyone knows already that Blockchain is the main thing, though I don’t really think that Bitcoin will come to an end, maybe other cryptocurrencies would but as for bitcoin it’s going to be different because it’s going to survive. Blockchain is really important, there is still a lot of areas to be explored when it comes to Blockchain.

It is believed that Blockchain cannot only be used for transaction but for other purposes as well, like voting, monitoring supply chains, digital ID, copyright protection, and a lot more. A lot of companies are starting to adopt blockchain, and very soon Government will start adopting it as well.

These areas are great if explored, in this way blockchain technology would be more acceptable by people. There is nothing surprising that big organizations are already much into blockchain such as Facebook and that is why it is bringing up its own coin in this year which clearly is a sign that crypto is new investment for tech companies. In this decade, crypto will be almost used by every country.

[Kevondo]

It is no longer a new thing, everyone knows already that Blockchain is the main thing, though I don’t really think that Bitcoin will come to an end, maybe other cryptocurrencies would but as for bitcoin it’s going to be different because it’s going to survive. Blockchain is really important, there is still a lot of areas to be explored when it comes to Blockchain.

It is believed that Blockchain cannot only be used for transaction but for other purposes as well, like voting, monitoring supply chains, digital ID, copyright protection, and a lot more. A lot of companies are starting to adopt blockchain, and very soon Government will start adopting it as well.

These areas are great if explored, in this way blockchain technology would be more acceptable by people. There is nothing surprising that big organizations are already much into blockchain such as Facebook and that is why it is bringing up its own coin in this year which clearly is a sign that crypto is new investment for tech companies. In this decade, crypto will be almost used by every country.

If facebook is going to launch its own crypto currency then of course this technology i.e. blockchain is going to reach masses since facebook now owns instagram and whatsapp as well. Countless people will enter crypto world after this exposure and that would eventually make crypto currencies common around the world. This is nothing wrong prediction that within decade, crypto will be used everywhere.

[fortunecrypto]

bitcoin can be over. its correct. because there may be better blockchain technologies developped. (Even there is at the moment in my opinion). With bigger network sizes and much better transaction speeds. The better ones will take the flag from bitcoin and go on.

So far nothing is coming to replace Bitcoin, all we have here are forks and clones but still they are not even a threat to Bitcoin standing and supremacy, and there are no new projects that can challenge Bitcoin dominance and supremacy in the market, they are just threat nothing more.

[meliodas]

A lot of people think that bitcoin is the heart of the cryptocurrency but they didn't realize that blockchain is the true useful part of the cryptocurrency. I agree that bitcoin might be over but the technology from bitcoin and other cryptocurrencies will continue to exist in this world because the huge companies and the other big organizations will surely utilize it.