bitterguy28
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May 10, 2024, 07:10:09 AM |
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Keeping the technical aspects aside in layman's terms I would say it has survived for over a decade and faced all sort of challenges from being threatened to be banned to being called scam and being targeted as a medium of terror funding but it has survived of of these accusations and sabotage that's itself is enough for us to understand Bitcoin is not a bubble or weak asset and it would continue to sustain.
Yep, and for me with all those years and challenges it proves that it is here to stay. So many controversy, negative accusations and fake news has come but it is still standing tall, and the best part is even all those negativity it manage to climb up and always shows community that it would come back higher every time it falls down. The price just keeps on bouncing higher setting new records of ATH every cycle. for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages. bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years.
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Awaklara
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May 10, 2024, 07:23:43 AM |
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for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages. bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years.
Are there still people who do FUD like that? I believe that nowadays people in investment have more open eyes. or people who are aware of technological developments and follow Bitcoin news will not be easily incited by news like that. except for those who are just starting to enter and those who are still looking for information and happen to meet people who don't like Bitcoin. those who have experienced how Bitcoin grows will not be easily affected by bad news. they know the potential of Bitcoin and that it will continue to grow in the long term in the future.
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peter0425
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May 10, 2024, 08:16:27 AM |
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except for those who are just starting to enter and those who are still looking for information and happen to meet people who don't like Bitcoin.
People who hate bitcoin will always have a biased opinion regarding it whatever kind of news they get. They just refuse to accept the facts and continue to believe what they want to believe. I really do not understand those who hate bitcoin. There’s absolutely no harm in not investing so I do not know why they refuse to just mind their own business and let those who are interested in investing in crypto do what they want to do. I don’t think bitcoin is that much of a threat to the common good so why hate it?
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retreat
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May 10, 2024, 08:21:16 AM |
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Since its initial launch, Bitcoin has received a lot of rejection, starting from the government and many people. Many say that it's not scalable, it's inefficient, it's ineffective, and it's just a ponzi scheme. Furthermore, Bitcoin is associated as a system that could threaten the existence of the banking system, and there are many negative rumors which are the reasons why Bitcoin needs to be banned or eliminated. But even so, Bitcoin still exists to this day. It has gone through many trials and various negative things which have threatened its market. But the proof is that Bitcon is actually growing and recently it even scored its latest ATH last March. This shows that Bitcoin will continue to survive even though many people don't like it.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Razmirraz
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May 10, 2024, 09:01:01 AM |
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Much controversy has surrounded Bitcoin because it is considered a threat by governments and financial institutions around the world to the fiat money system and risks losing control of their monetary policies. Bitcoin remains the best choice for now and the future because it does not require or be regulated by a centralized authority and Bitcoin also does not have intrinsic value like fiat currencies. The consequence of not being able to be controlled by the government, like fiat currency, whose value can easily be influenced by government regulations, means that the monetary authority or central bank's role is increasingly threatened due to Bitcoin's increasingly global popularity. Its value is determined by supply and demand, making Bitcoin development increase every year, in fact it can be seen its development as the cryptocurrency with the largest market value in the world.
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lalabotax
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May 10, 2024, 09:56:46 AM |
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for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages. bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years.
Trust me, there will be always anyone saying Bitcoin will die every time the price of Bitcoin is crashing. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And even though this happens continuously but is not proven, one day they will still say the same thing. This idea is not something to be afraid of, but more like their dislike and desire to worsen Bitcoin's image, but they still can't. Because Bitcoin is Bitcoin, its meaning will still exist and will not die easily just because of various issues that have hit it so far. We have experienced various Bitcoin cycles, from bearish to bullish and vice versa. And how Bitcoin has experienced periods of increases, crashes and sideways. Everything has its time. So, we no longer need to feel panic in any situation.
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Ben Barubal
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May 10, 2024, 10:46:33 AM |
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except for those who are just starting to enter and those who are still looking for information and happen to meet people who don't like Bitcoin.
People who hate bitcoin will always have a biased opinion regarding it whatever kind of news they get. They just refuse to accept the facts and continue to believe what they want to believe. I really do not understand those who hate bitcoin. There’s absolutely no harm in not investing so I do not know why they refuse to just mind their own business and let those who are interested in investing in crypto do what they want to do. I don’t think bitcoin is that much of a threat to the common good so why hate it? The potential adoption has been happening worldwide for several years, actually. Many countries have adopted Bitcoin and made it payment options in their respective businesses, even merchants who have adopted Bitcoin. And until now, there are probably still many people who think that bitcoin is a threat to their country, so they don't want it, even though there are only a few countries that somehow recognize bItcoin.
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Mrbluntzy
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May 10, 2024, 11:53:22 AM |
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Although there are certain risk factors involved with Bitcoin but it's not been limited by that and most likely will tend to survive and thrive in the future,moreso reasons why Bitcoin will likely survive are thus;
1. Decentralized Nature 2. Security 3. Limited supply 4. Potential adoption.
The main reason for Bitcoin to survive is because it is decentralized. There is no body that can claim to be the father of Bitcoin apart from its true father, Satoshi. I was reading a very old thread and one person said in his comments, "To bring down Bitcoin entirely, then Satoshi needs to be captured". Since Bitcoin is not being controlled by anybody in particular, like the way this forum is being managed by a known moderator, then Bitcoin can not be brought down.
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Kristiyana
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May 10, 2024, 12:04:25 PM |
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moreso reasons why Bitcoin will likely survive are thus
Bitcoin would keep staying on top other coins because it's a reputable crypto currency and most largest in a scale of adoption that has also attained the greatest security mechanized features and also the potentialities to maintain stable valuability. you can't really tell for sure, reason is because you don't know if there are still upcoming coins that can take the position of bitcoin, you can't really predict what will happen in years coming. However let's take for instance when bitcoin has no value, have you ask yourself that when bitcoin has no value which coin was at the top Before bitcoin came to take the place? you need to think about this before saying that bitcoin will keep staying at the top there are still a lot of coins that are yet to be listed in the market, you can't really predict the future of those coins not until they are listed you don't know if they can overtake bitcoin, so all we need to do is to keep watching and see what will happen in years to come. I'm not saying that bitcoin won't survive but rather i don't think if bitcoin will still remain at the top forever.
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Blitzboy
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May 10, 2024, 12:29:09 PM |
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The way Bitcoin bounces is unique. It proves this isnt a fad but a financial revolution. Bitcoin persists despite doubts, government control, and market chaos. That resiliency is decentralization's power. Bitcoin is owned by anyone, therefore no single point of failure. The system is powerful because its administered by and for the people.
The real genius is security and limited supply. Bitcoin's advanced cryptography makes it nearly unhackable. Trust grows from safe transactions. Since there will only be a limited supply of Bitcoin, governments cant create more and manipulate its value. This gadget is built to last, and more people utilizing it will increase its value. Its thrilling to be discussing a potential international currency's early days!
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Iranus
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May 10, 2024, 01:15:52 PM |
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The way Bitcoin bounces is unique. It proves this isnt a fad but a financial revolution. Bitcoin persists despite doubts, government control, and market chaos. That resiliency is decentralization's power. Bitcoin is owned by anyone, therefore no single point of failure. The system is powerful because its administered by and for the people.
The real genius is security and limited supply. Bitcoin's advanced cryptography makes it nearly unhackable. Trust grows from safe transactions. Since there will only be a limited supply of Bitcoin, governments cant create more and manipulate its value. This gadget is built to last, and more people utilizing it will increase its value. Its thrilling to be discussing a potential international currency's early days!
You are truly a writing genius, reading what you describe about bitcoin makes me feel like bitcoin is perfect like god, without any drawbacks and bitcoin was created to heal this world, LOL. If you think bitcoin cannot be manipulated, can you explain to me why it has such high volatility, can go up and down 10%-20% with just one news about inflation, or a fake news spread in the market? With an asset capitalization of only 2 trillion USD, smaller than the market capitalization of an American technology company, and this is a free market. How can the market avoid being manipulated? You're right, the government probably won't have time to manipulate bitcoin, bitcoin is being manipulated by market makers, whales, sharks, not the government.
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legiteum
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World's fastest digital currency
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May 10, 2024, 02:20:48 PM |
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Bitcoin will "survive" in the same way IBM mainframes have "survived". There's no reason Bitcoin won't stay around forever.
As for whether it will remain at this price level, or drop to $100 or go to $100,000, well, that's anybody's guess.
But when it comes to technology, centralized is the future of digital currency. The blockchain architecture doesn't solve any problems large numbers of people have. A centralized architecture is faster, cheaper, more secure, and can scale to the level that will replace every single monetary transaction that happens every day between humans.
But Bitcoin still "works" just fine, just like the IBM mainframes that power many banks do. But digital currency is still very young, and we haven't yet seen the equivalent of the PC let alone the iPhone in this business. There will be major changes yet to come.
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Create the next hot memecoin on Haypenny, the fastest digital currency in the world. 100% free. 100% private. 100% secure.
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CageMabok
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May 10, 2024, 02:53:08 PM |
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for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages. bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years.
If someone said that just to have the opportunity to buy more Bitcoin at low prices, it would reflect that he is a big liar. But because this is only said with his mouth without revealing what is in his heart, the person is not considered a liar even though one day this will be proven when he starts to like buying Bitcoin at low prices. Because actually a person like that is someone who likes Bitcoin, just because he can't afford to buy it at a high price, he starts looking for ways to say bad things about Bitcoin.
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Nothingtodo
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May 10, 2024, 03:12:25 PM |
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The survival of Bitcoin will depend on the acceptance i.e. if people all over the world can accept the acceptance and universality of Bitcoin then Bitcoin will survive in the world. Moreover, due to the limited supply of Bitcoin, there is no possibility of inflation of the Bitcoin currency. Also it's completely decentralized so no third party can control it so I think for now if there are no other issues Bitcoin has the potential to last the world generation after generation.
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Solosanz
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May 10, 2024, 03:18:52 PM |
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The survival of Bitcoin will depend on the acceptance i.e. if people all over the world can accept the acceptance and universality of Bitcoin then Bitcoin will survive in the world. Moreover, due to the limited supply of Bitcoin, there is no possibility of inflation of the Bitcoin currency. Also it's completely decentralized so no third party can control it so I think for now if there are no other issues Bitcoin has the potential to last the world generation after generation.
I'm sure till today, not all people over the world already accept Bitcoin, Warren Buffet is among them. I really doubt Bitcoin will keep completely decentralized till the last world generation because every halving events makes Bitcoin no longer profitable to mine for small miners. So, it's only big mining farms in country with cheap electricity will survive.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Ever-young
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May 10, 2024, 03:26:29 PM |
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Keeping the technical aspects aside in layman's terms I would say it has survived for over a decade and faced all sort of challenges from being threatened to be banned to being called scam and being targeted as a medium of terror funding but it has survived of of these accusations and sabotage that's itself is enough for us to understand Bitcoin is not a bubble or weak asset and it would continue to sustain.
Yep, and for me with all those years and challenges it proves that it is here to stay. So many controversy, negative accusations and fake news has come but it is still standing tall, and the best part is even all those negativity it manage to climb up and always shows community that it would come back higher every time it falls down. The price just keeps on bouncing higher setting new records of ATH every cycle. for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages. bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years. Bitcoin has experienced even greater DIPs in the past, these are just mere short-term market fluctuations, and I believe those who are considering Bitcoin for its long-term potential are not moved by the current fluctuations because they are all certain about the fact that it'll recover and surpass it's current ATH. The only people that are mostly affected by this DIP are those who are considering Bitcoin for its short-term gain. Trying to time the market to see when the right time is to buy and to sell is a good example of considering Bitcoin for its short-term gain, which is a very unhealthy approach because when you've tried to predict the market and the market goes the opposite direction, it'll stir up your emotions and when that happens, you could end up making uninformed and illogical decisions.
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Gaza13
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May 10, 2024, 03:40:25 PM |
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for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages. bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years.
Totally agree with what you said, they continue to use issues that are not good for everyone to believe in. Bitcoin cannot possibly be lost and will survive forever, because the creator has released all his technology from the pursuit of international financial institutions or the world that does not like this asset. Yes, if you look at history from the beginning, Bitcoin is no longer just an arbitrary asset, Bitcoin has been able to compete with other assets such as large stocks in the investment world. If you look at the development of world stock growth and bitcoin, I think bitcoin has increased much faster so far.
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shield132
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May 10, 2024, 05:19:44 PM |
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Bitcoin is recorded as the first and most well known crypto currency in the world.
You might be surprised but Bitcoin is not the first cryptocurrency, the first cryptocurrency was eCash, created by DigiCash in 1990 but Bitcoin is the first cryptocurrency that had the best start and managed to take over the financial world and move it to another level. Decentralized Nature: This means that no single entity such as a government or bank has control over it,and this makes it resistant to corruption or interference by any centralized authorities.
Bitcoin is decentralized by nature but it's not resistant to corruption and it's not prone to centralized authorities. In theory, with lots of power and finances, it's possible to gain significant control on Bitcoin. I don't know if Bitcoin lasts forever but it's definitely going to last a long time.
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Bushdark
Sr. Member
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May 11, 2024, 06:01:09 AM |
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except for those who are just starting to enter and those who are still looking for information and happen to meet people who don't like Bitcoin.
People who hate bitcoin will always have a biased opinion regarding it whatever kind of news they get. They just refuse to accept the facts and continue to believe what they want to believe. I really do not understand those who hate bitcoin. There’s absolutely no harm in not investing so I do not know why they refuse to just mind their own business and let those who are interested in investing in crypto do what they want to do. I don’t think bitcoin is that much of a threat to the common good so why hate it? We don't expect everyone to like Bitcoin. There are people that would still hate even though the government makes it legal for payment of services. Bitcoin is a peer to peer digital money that do not need a third party to process the transaction. When looking at it on how everything about Bitcoin is broken down, there are people that are ready to influence others not to invest in Bitcoin. There are so many people who had become a millionaire buying and holding Bitcoin for long now.
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blckhawk
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May 11, 2024, 07:26:46 AM |
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I don't agree with this one, the points that are being pointed out doesn't regard every other factor that might cause bitcoin to crash a global disaster for one could easily do that elimination of bitcoin, just big monsoons, storms/typhoons and tornadoes and you'll see that things are so easy to destroy and how fickle and weak our technology is to the elements. Maybe in terms of the tech and financial related attacks, bitcoin might be able to withstand those but other things, that's going to remain to be seen before we can say for sure. Even all the stuff that you're talking about OP are pretty much things that remain to be seen to prove that bitcoin really is what you think it is.
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