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April 04, 2014, 11:40:48 PM |
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I'd say we either completely flop and die within 3 years or there is enough mainstream adoption by merchants and consumers alike to keep us going for a long time. I'm feeling like it's going to be the former but hoping for the latter.
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Robert Paulson
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April 05, 2014, 01:42:14 AM
Last edit: April 05, 2014, 02:14:31 AM by Robert Paulson |
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bitcoin already exists for half a decade and shows no sign of stagnation.
I'd say for as long as the internet exists unless a quantum computer is built or sha256/ripemd-160/ecdsa is broken, and even then it would be possible to simply change the algorithms though it could affect scalability and it won't be bitcoin per se (more like bitcoin 2.0).
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go4nature
Member
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Activity: 70
Merit: 10
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April 05, 2014, 01:58:21 AM |
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May be another 10 year it will last. But within one or two year people will mining unless it price soar to $2k-3k range.
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hello_good_sir
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April 05, 2014, 02:35:44 AM |
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Forever, unless the internet is destroyed or something in the protocol is found to be fatally flawed. The network effect will prevent altcoins from dethroning it, so really only total catastrophes can kill it.
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Mike Christ
aka snapsunny
Legendary
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Activity: 1078
Merit: 1003
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April 05, 2014, 08:58:50 AM |
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It'll keep going so long as I live, I will at least make sure of this.
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maurya78
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April 05, 2014, 09:36:02 AM |
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5 to 10yrs
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Radar
Full Member
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Activity: 154
Merit: 100
Pm me if you're a casino developer!
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April 05, 2014, 09:47:24 AM |
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100 years or so but the idea of Bitcoin will last forever.
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dowsey14
Newbie
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Activity: 30
Merit: 0
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April 05, 2014, 10:01:55 AM |
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Cryptographic currencies will last eternally...even when quantum computers arrive in the next 50 years or so.
As to whether Bitcoin will last? That's anyone's guess. It's well documented, well publicised, has a phenomenal network effect, has good acceptance by a large number of followers, is supported by a large number of PC and network enthusiasts, and is even accepted by certain commercial enterprises.
I'd say 30 years at least...and probably a lot longer.
Other coins like Litecoin, Peercoin, Quarkcoin, Darkcoin, etc, will probably come into play in the future...at this time they do not have a huge market capitalization, but things can easily change once enough followers catch on.
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Velkro
Legendary
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Activity: 2296
Merit: 1014
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April 05, 2014, 11:35:09 AM |
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It will never end, in this form or another
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karibo
Newbie
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Activity: 5
Merit: 0
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April 05, 2014, 11:46:45 AM |
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Guys I'm shocked of the results how many people said for ever... Bitcoin is ok but it still has its flaw wich will be fixed when a new "digital currency" emerges. Bitcoin = Alpha stage for digital currency  |
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CoinExpert
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April 05, 2014, 12:32:09 PM |
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Depends on the network transaction number, it has stagnated, perhaps even trending down.
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******* ULT POOL - http://pool.ultcoin.org/ ******* 5% block finder bonus with full proportional payouts. Start mining now. Make more money. |
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chopstick
Legendary
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Activity: 992
Merit: 1000
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April 05, 2014, 02:18:55 PM |
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It will last up until the coming societal collapse / disaster events, in which case you are going to need food, guns and shelter.
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blatchcorn
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April 05, 2014, 04:22:53 PM |
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BTC will last as long as the Internet.
Only correct answer really. If Bitcoin was going to fail it would have done so by now. |
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saif92
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April 05, 2014, 04:33:25 PM |
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Now I don't think its going to dead soon as many predicting about this if you want to kill then kill this internet  |
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softron
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April 05, 2014, 04:41:24 PM |
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As long as there are good devs in d community it should survive
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Polycoin
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April 05, 2014, 11:20:40 PM |
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1 more day
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Polycoin Troopers, Assemble!
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petejohn
Newbie
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Activity: 3
Merit: 0
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April 06, 2014, 02:13:33 AM |
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It will last as long as the chain will be installed on machines!
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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April 06, 2014, 03:11:31 AM |
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It will last up until the coming societal collapse / disaster events, in which case you are going to need food, guns and shelter.
The coming societal collapse / disaster events were supposed to happen a long time ago. I'm ready to just get on with life. |
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Polycoin
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April 06, 2014, 09:30:33 PM |
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1 week tops!
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Polycoin Troopers, Assemble!
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