Bitcoin Will always Survive

[Z390]

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?

Should we even try to understand them? I don't think so, I have two elder brother who still believe that Bitcoin is nonsense, they feel better when they heard what Elizabeth Warren said about Bitcoin and they told me to be careful keeping Bitcoin, also the news about banning Bitcoin is coming back again in the country, this is giving them joy somehow, as if I will lost my way after these.

But I thought to myself, it is not the first time and won't be the last time either, what I feel is that they aren't happy about how well Bitcoin has changed my life, if you can't beat something aren't you supposed to join? Many people in this world are just dumb, regardless of age, because age is just a number.
It will be hard to see anything that could be bad news for Bitcoin from now on, oh, unless Trump loses this coming election, there are now a new sizable amount of investors ( institutions ) who have bought BTC ETFs, also more buying powers lies ahead since many institutions have not even started buying yet.

[AnonBitCoiner]

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.

Many years have passed but from the start of development Bitcoin is the king of all crypto coins and still it is one of the most acceptable coins due to which no other coin has ever taken the place of Bitcoin.

In case of security there is no more better secure asset than Bitcoin and the access to your Bitcoin investment is only possible if you have security keys with you.
I think Bitcoin is not stable and due to its unstable nature we are able to make profit from it but if its value was stable then we will not be able to make money through Bitcoin investment.

[BALIK]

-snip

I think Bitcoin is not stable and due to its unstable nature we are able to make profit from it but if its value was stable then we will not be able to make money through Bitcoin investment.

I've been thinking about this, I wonder if bitcoin becomes stable will people continue to support it or will most people abandon it in search of another alternative asset? Many people always claim they love bitcoin because it is decentralized, gives them privacy... but I believe the biggest purpose is still profit, not because of any other factor. So, if bitcoin is no longer volatile and no longer profitable, I think there will be a majority leaving bitcoin.

From the beginning, if bitcoin had become a peer-to-peer currency, I believe it would not be as popular as it is today because not everyone cares about privacy and decentralization. In this world, money is still the top priority.

[peter0425]

I've been thinking about this, I wonder if bitcoin becomes stable will people continue to support it or will most people abandon it in search of another alternative asset?

Most likely it people would go check for other alternatives when it comes to which would be the most profitable however I think bitcoin can be used as it was intended to be used. It would most likely be used just as a normal currency instead of an investment.

From the beginning, if bitcoin had become a peer-to-peer currency, I believe it would not be as popular as it is today because not everyone cares about privacy and decentralization. In this world, money is still the top priority.

I disagree. If you had the chance to transact with people with less fees and in a more conventional way then bitcoin would still be popular.

[legendbtc]

...

...

It will be hard to see anything that could be bad news for Bitcoin from now on, oh, unless Trump loses this coming election, there are now a new sizable amount of investors ( institutions ) who have bought BTC ETFs, also more buying powers lies ahead since many institutions have not even started buying yet.

But what does Trump's loss in the upcoming election have to do with bitcoin and why is this bad news for the markets? I really don't see any connection between Trump and bitcoin, he is not a bitcoin supporter or the creator of bitcoin. When it comes to American presidents, I really like him and would vote for him if I were American, but I don't think his defeat will negatively affect bitcoin.

I heard that he declared his support for cryptocurrency and was willing to accept election donations in cryptocurrency, but that action was just his ploy to get votes. That is not enough to prove that he will bring real benefits to bitcoin if he is elected, be careful what politicians say.

[lizarder]

Many years have passed but from the start of development Bitcoin is the king of all crypto coins and still it is one of the most acceptable coins due to which no other coin has ever taken the place of Bitcoin.

In case of security there is no more better secure asset than Bitcoin and the access to your Bitcoin investment is only possible if you have security keys with you.
I think Bitcoin is not stable and due to its unstable nature we are able to make profit from it but if its value was stable then we will not be able to make money through Bitcoin investment.

Until whenever there will never be a coin that is able to replace Bitcoin because as far as developments have passed there are many other coins that are not able to survive. Even the closest coins that have large market capitalization are also unable to make competition in terms of prices on the market. And vice versa with the level of security because Bitcoin will be much safer when intersection in a place that is proper and not left at the intersection on the Exchange.

Until whenever I have never seen the price of Bitcoin stable and because this is what makes Bitcoin increasingly the best asset. Something stable can be controlled and it is not the purpose of Bitcoin to be created because Bitcoin will always be speculative on its journey. There is always a process of correction and recovery in its journey and until whenever it can never be separated in the market.

[Out of mind]

Bitcoin is the king of the cryptocurrency world, and it will remain so for as long as this world exists, and the popularity of Bitcoin will continue to grow day by day. Bitcoin is very advanced in all aspects and people invest here always with trust, Bitcoin provides security to people and what transactions are very confidential. Currently, we can see that there are many cryptocurrencies all over the world, but they become many scams, but only Bitcoin will remain and it will never cheat anyone. The current situation of Bitcoin is that we will be able to place it in a better position in the future, as the demand for Bitcoin is increasing day by day, so its popularity is high. Bitcoin is the best currency among the best projects that get a lot of benefits by investing and trading and trusted currency that has no alternative.

[batang_bitcoin]

From the beginning, if bitcoin had become a peer-to-peer currency, I believe it would not be as popular as it is today because not everyone cares about privacy and decentralization. In this world, money is still the top priority.

I disagree. If you had the chance to transact with people with less fees and in a more conventional way then bitcoin would still be popular.

True, Bitcoin will still be popular as it's not all about the fees but the value and worth that it has got currently. And removing that worth isn't going to be taken away any moment now. That's why even if we've seen that the fees have been so high, many of us won't be worried about its price and that's why it will survive because it is here to stay and this the center of the entire crypto market.

[Blitzboy]

Many years have passed but from the start of development Bitcoin is the king of all crypto coins and still it is one of the most acceptable coins due to which no other coin has ever taken the place of Bitcoin.

In case of security there is no more better secure asset than Bitcoin and the access to your Bitcoin investment is only possible if you have security keys with you.
I think Bitcoin is not stable and due to its unstable nature we are able to make profit from it but if its value was stable then we will not be able to make money through Bitcoin investment.

Until whenever there will never be a coin that is able to replace Bitcoin because as far as developments have passed there are many other coins that are not able to survive. Even the closest coins that have large market capitalization are also unable to make competition in terms of prices on the market. And vice versa with the level of security because Bitcoin will be much safer when intersection in a place that is proper and not left at the intersection on the Exchange.

Until whenever I have never seen the price of Bitcoin stable and because this is what makes Bitcoin increasingly the best asset. Something stable can be controlled and it is not the purpose of Bitcoin to be created because Bitcoin will always be speculative on its journey. There is always a process of correction and recovery in its journey and until whenever it can never be separated in the market.

Bitcoin reigns supremely in crypto. Many pretenders have come and gone, but none have touched Bitcoin. Not only money, but trust. Bitcoin is the top dog because people worldwide believe in it. No asset is more secure than it when properly secured. Thats why its always first. How about price swings? A strength, not a weakness. It makes Bitcoin the best investment because of its excitement. A tool, not simply a coin. Tool that displays real-time market sentiment. Bitcoin is designed to recover from losses. That makes it the best tool for skilled players who want to win large. Bitcoin is the future.

[Abiky]

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.

By "IBM Mainframes", are you implying Bitcoin will become obsolete in the future? I know altcoins have better features than BTC, but none can outmatch its level of security, reliability, and censorship-resistance. Given that Bitcoin has come a long way since 2009, it's hard to imagine it will die anytime soon. Institutional adoption is increasing at a very fast pace. What I don't like is that most people are relying on BTC as a store of value than a currency. It will never be able to replace Fiat this way.

If Bitcoin survives, I hope it never becomes centralized. We should stop selling our BTC to institutional investors if we want to encourage self-custody. If they acquire all of the BTC, then you'd need to trust a middleman to buy/sell the cryptocurrency (something Satoshi meant to avoid in the first place). The future is unpredictable, so lets hope for the best.

[NewRanger]

Potential adoption:  Generally a massive number of business owners and individuals are accepting Bitcoin as a mode of payments thereby reducing it's demise..

I think about the adoption of BTC for its development, it is real that it is currently increasing day by day, it's just that market conditions will continue to rise and fall and most argue that fluctuating and speculative prices are also a common condition and can easily change in an instant like today. Maybe with this condition we can also see a consistent and inconsistent investor at this time whether he survives or will change his investment pattern.

[legiteum]

By "IBM Mainframes", are you implying Bitcoin will become obsolete in the future?

IBM mainframes are not obsolete, and they are still a multi-billion dollar business.

They are just no longer the "hottest thing" for most consumers, that's all.

I know altcoins have better features than BTC, but none can outmatch its level of security, reliability, and censorship-resistance.

As we've discussed in another thread, Bitcoin is no longer "censorship resistant" by itself (e.g. without mixers etc.) because of chain analysis. Criminals no longer use Bitcoin because of this--they will get caught if they do.

Even if it were, most consumers simply don't care about that, as is shown by the fact that almost all Bitcoin investors get Bitcoin through a broker or app, which is centralized.

Bitcoin is indeed very good for its stability as a project, and it's broad network. But lots of products can match that, and do. Again, 99% of Bitcoin investors rely on a centralized database governed by a single private company to hold their Bitcoin. That demonstrates they simply don't care about "decentralization" and all of that stuff.

Given that Bitcoin has come a long way since 2009, it's hard to imagine it will die anytime soon. Institutional adoption is increasing at a very fast pace. What I don't like is that most people are relying on BTC as a store of value than a currency. It will never be able to replace Fiat this way.

Bitcoin will never replace mainstream daily transactions, and it was never meant to. Such a currency would need to scale to levels thousands of times larger than Bitcoin, and the blockchain architecture is intentionally slow by design. The problem it was trying to solve was ""censorship resistance"", not trying to be a common payment method.

If Bitcoin survives, I hope it never becomes centralized. We should stop selling our BTC to institutional investors if we want to encourage self-custody. If they acquire all of the BTC, then you'd need to trust a middleman to buy/sell the cryptocurrency (something Satoshi meant to avoid in the first place). The future is unpredictable, so lets hope for the best.

If people did what you are suggesting, the price of Bitcoin would drop by 95%, so... people aren't going to do what you are suggesting .

Bitcoin is going to be fine, but it's not going to be the last word in digital currency, that's all. There will be new things that will be even cooler than Bitcoin.

[Casdinyard]

    Bitcoin is recorded as the first and most well known crypto currency in the world.not disputing the fact that there have been so many controversies surrounding it,it is still believed that Bitcoin will always survive and continue to be a leading form of digital currency cutting across the World globally.
   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.

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.

Security: Bitcoin uses cryptography to secure the transactions that happens in the network making it highly resistant to fraud and hacks.

Limited supply:  Bitcoin has a fixed supply of coins of over 21 million that makes it not inflated and scarce like fiat currencies.

Potential adoption:  Generally a massive number of business owners and individuals are accepting Bitcoin as a mode of payments thereby reducing it's demise.
     In conclusion since Bitcoin has survived such attacks from government ,hacks,criticisers, scammers,covid, insurgency etc.bitcoin will still survive in the years to come even if the World war begins and it will do so due to its decentralized Nature,technological advancement and lots more and thus skyrocket to being the leading digital currency.

All these things that are happening to bitcoin improves my confidence towards the crypto industry despite us not having any solid narrative to peg the bull run to at this point. The fact alone that bitcoin is at a stage in its cycle where it's "too big to fail horribly" makes me want to hold on to my cryptocurrencies, cause as with every dead airs in a bull season like in the past few years, there's a very possible chance that we could lose everything, especially when the market makers lose their shit and pull their money out of the industry.

For now, I guess what we could just do is hope and remain confident about the sole fact that bitcoin's too big to lose now, and that there is a good chance we'd stumble upon a market defining narrative soon enough, after all, bull seasons usually go full speed a year after the halving, so we still have ample time to hoard and HODL.

Sidenote: there's nothing potential anymore about bitcoin's adoption, it's not a matter of "How?" anymore but a matter of "When?" for a lot of outside ventures since people are quickly noticing the benefits that bitcoin was able to provide its loyal investors. 

[Lantind]

Potential adoption:  Generally a massive number of business owners and individuals are accepting Bitcoin as a mode of payments thereby reducing it's demise..

I think about the adoption of BTC for its development, it is real that it is currently increasing day by day, it's just that market conditions will continue to rise and fall and most argue that fluctuating and speculative prices are also a common condition and can easily change in an instant like today. Maybe with this condition we can also see a consistent and inconsistent investor at this time whether he survives or will change his investment pattern.

We all here have seen the development of Bitcoin which is very good and have believed that anyone who can invest in Bitcoin of course they are very sure that by investing they have prepared themselves for a better future, this is true with the price of Bitcoin which has high volatility. is very high and can change in an instant, so we will be able to see which investors can survive these market conditions and there are also those who choose not to continue investing and instead leave the investment.

[harapan]

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.

Bitcoin is King,people can never get satisfied or better still end the critics about bitcoin and I'm so happy to inform y'all that bit coin is not prone to individual critics,misconceptions and humans skepticism.
Bitcoin has the ability to sustain its reputation and value all by itself.And no matter what happens,People fail to realize that they'll find it very difficult to filter the best roles or function that bitcoin has for all to themselves;bitcoin is not been biased to users in anyway,people who fail to realize this and apply the instant change....its a choice,it's vividly up to them.

[SeriouslyGiveaway]

I believe that with the birth of Bitcoin, its mission is higher than its existence as an asset class. It can change the way this world works. Do you agree with me that since Bitcoin was born, there has been the formation and development of blockchain technology, and this technology will be the core technology of the 4.0 world later.

When there is a new asset like Bitcoin to compare with fiat money, invisibly, low-class people like us gradually realize the exploitation of the ruling classes. Thereby, we can change our behavior regarding personal asset management as well as choosing the type of assets to accumulate for the future. It is not an exaggeration to say that Bitcoin is a tool to liberate personal finances from the control of traditional financial institutions and governments. It allows users to fully control and own their assets without having to rely on any third parties.

There is a more macro problem that the existence of Bitcoin can fight inflation and economic recession if more countries use it in the future. However, I think it is difficult for large countries like the US to use Bitcoin as a replacement for the USD because this will limit the FED's influence and ability to control the world. Bitcoin is suitable for small countries that want to be self-sufficient and less dependent on the USD.

[BALIK]

I've been thinking about this, I wonder if bitcoin becomes stable will people continue to support it or will most people abandon it in search of another alternative asset?

Most likely it people would go check for other alternatives when it comes to which would be the most profitable however I think bitcoin can be used as it was intended to be used. It would most likely be used just as a normal currency instead of an investment.

From the beginning, if bitcoin had become a peer-to-peer currency, I believe it would not be as popular as it is today because not everyone cares about privacy and decentralization. In this world, money is still the top priority.

I disagree. If you had the chance to transact with people with less fees and in a more conventional way then bitcoin would still be popular.

You just need to look at the percentage of people who are looking at bitcoin as an investment and the percentage of people who are using bitcoin as a currency. You will know that if bitcoin was not volatile, did not generate profits, it would not become as popular as it is today. Or you and I, do any of us want bitcoin as a currency or do we also want bitcoin as an investment?

There will still be some people who use bitcoin to enhance their privacy and use it as a currency because they are really useful. But what I want to say is that it will not be as common as what is happening now.

[MinoRaiola]

...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.

I would mention a very important point: The acceptance of people or those who want to own bitcoin is a very important point. The best product in the world can fail if people dont want it. I cant imagine that happening with bitcoin, the network is now far too strong for that and many people have understood how good bitcoin is. You write important reasons and I would confirm that. A small example of mine: I wanted to change cash from another country and went to a "big" bank (Im not a customer there). They didnt change it for me because Im not a customer and because they have to check the money for authenticity and they also didnt have that much cash on site... then I take bitcoin and no matter where I am, I can use it.

[lizarder]

Bitcoin reigns supremely in crypto. Many pretenders have come and gone, but none have touched Bitcoin. Not only money, but trust. Bitcoin is the top dog because people worldwide believe in it. No asset is more secure than it when properly secured. Thats why its always first. How about price swings? A strength, not a weakness. It makes Bitcoin the best investment because of its excitement. A tool, not simply a coin. Tool that displays real-time market sentiment. Bitcoin is designed to recover from losses. That makes it the best tool for skilled players who want to win large. Bitcoin is the future.

This can all be achieved if someone understands the bitcoin journey process itself and that is the reason why people must understand it first before trying to invest. There are many people who experience losses when investing and it is based on wrong skills and knowledge. Even though bitcoin always provides a recovery process even though it is badly corrected, because the understanding of investment is not good, people make the wrong decisions.

Bitcoin has become the best investment in the crypto space and bitcoin has reached the highest value of its price ever. Someone who has patience in holding for the long term will continue to get maximum profits from the investment they are making. What needs to be done is not to panic under any circumstances because bitcoin has a repeating cycle that can bring new prices.

[HONDACD125]

Bitcoin is the king of the cryptocurrency world, and it will remain so for as long as this world exists

That's a big statement right there. We don't know how long the world will exist. An asteroid might hit the earth tomorrow and boom, it's all over for us even though there can be other planets with aliens and whatnot, or, it may exist for millenniums to come. So, in case it exists for a very long time after us, do you think that there won't be any other people with more vast thinking abilities and skills to create something better than Bitcoin and cryptocurrencies?

Based on how fast the technology is advancing, I doubt there will be things that might be better than Bitcoin and cryptocurrencies in the future, people might abandon Bitcoin and start using other technologies and coins and payment methods with more advanced technologies. However, I'm just talking about possibilities, we should say that Bitcoin can remain the king of this industry but we can't say it will for sure.