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Author Topic: Is bitcoin dead?  (Read 110806 times)
mrhelpful
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September 08, 2015, 11:37:12 PM
 #641

The more people use bitcoin,the more it becomes stronger.Prices may go down but it value would always be higher compared to fiat money of many countries

The prices go the other way around, if its in demand.

Yeah, in services that maybe true. But, you gotta consider bitcoin being not just a service tool, esp being a money trasnmiter.
butdabass
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September 09, 2015, 01:33:01 AM
 #642

i'm not believe,and never..because for now i life from bitcoin Cheesy
lissandra
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September 09, 2015, 03:10:30 AM
 #643

i'm not believe,and never..because for now i life from bitcoin Cheesy

not sure what you mean exactly, but only can sense what you wrote not believe part.

So my take is short now, and buy back in later?  If this is the case, youre hoping the price falls like $100, the odds of this is not likely though.

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September 09, 2015, 07:17:33 AM
 #644

There is no reason on earth why bitcoin would crash to 10$, and i also think it is impossible since, there isnt enough bitcoin held in an exchange account, the majority is held in a cold storage wallet (including satoshis supposed burned coins), which will hardly move out from there.

So yea, I doubt bitcoin will crash even to 150$ again, let alone to 10$ which would be as unlikely as winning the lottery 5 times in a row.

I for one don't think that it will plunge (collapse) to $10 either (at least in the near-to-mid term), but let's assume that the other Bitcoin that recently made so much ado, does actually take off. What then?

tonycamp
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September 09, 2015, 09:16:00 AM
 #645

well the factor of BTC can get into stress its a possiblity the BTC its into not rising and descend from last 2013 to 2015 800$ already
soo the simple factor of geting to 180$ its a genuine pssibility if east strike into bad bussiness
the main BTC are there soo its very possible that they put it down like china gov
besides that the other comunities of BTC are tring to rise the coin but it takes time so the BTC its going to be very volatil into 2016 too and dont forget finto the december of 2015 like any december its does goes down from buying stuff from btc to usuall end of year Fiat soo it gets like 180$ the piece of btc if never rises into 2016 like march it may become very like few a peaci fo BTC and the investmens of big guys do like just 50% reduce

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Amph
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September 09, 2015, 09:37:10 AM
 #646

i'm not believe,and never..because for now i life from bitcoin Cheesy

not sure what you mean exactly, but only can sense what you wrote not believe part.

So my take is short now, and buy back in later?  If this is the case, youre hoping the price falls like $100, the odds of this is not likely though.

he mean that he live with bitcoin, and can't believe that bitcoin will dead or he will never believe about it, because otherwise he is fucked, it seems...

probably a miner or trader
nickaizoku
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September 09, 2015, 10:51:40 AM
 #647

I dont think bitcoin will dead one day.. even if people dead lol it stay forever haha

nero987
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September 09, 2015, 11:31:12 AM
 #648

A lot can happen to bitcoin... But dead? No Bitcoin is not dead...
Will bitcoin ever die? Who knows ...
smartkiller
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September 09, 2015, 11:56:19 AM
 #649

no its not and We cannot consider bitcoin as dead because it has some values and if will be not dead till it gets the value of 1usd
gripflierGO
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September 09, 2015, 12:32:32 PM
 #650

A lot can happen to bitcoin... But dead? No Bitcoin is not dead...
Will bitcoin ever die? Who knows ...

Exactly, we don't know about the future of bitcoin but if we talk about the present than yes, it's not dead and nor it would be dead in coming years as there is more potential for bitcoins to grow, and once there is mass adoption it will shine like a moon and it would definitely survive for coming 15 years or more unless we don't have as powerful new currency as bitcoins in the future.
RealBitcoin
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September 09, 2015, 03:49:04 PM
 #651

There is no reason on earth why bitcoin would crash to 10$, and i also think it is impossible since, there isnt enough bitcoin held in an exchange account, the majority is held in a cold storage wallet (including satoshis supposed burned coins), which will hardly move out from there.

So yea, I doubt bitcoin will crash even to 150$ again, let alone to 10$ which would be as unlikely as winning the lottery 5 times in a row.

I for one don't think that it will plunge (collapse) to $10 either (at least in the near-to-mid term), but let's assume that the other Bitcoin that recently made so much ado, does actually take off. What then?

What other bitcoin? The XT bullshit?

But that is a sidechain that is worthless without the real bitcoin, because it mines the same blocks as BTC, or atleast it is a derivative of the original BTC blockchain.

It cant be separated from BTC, but it can take over BTC, and at that point it would be the new BTC, so I doubt except the initial shock, it would change the price drastically.

It uses the same genesis block.

operrajunk74
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September 09, 2015, 09:35:46 PM
 #652

I don't think that. We had alternative currencies before also . We are better off with a single fiat currency in the US. It is too early to assume the failure or success of BitCoin. The appeal of Bitcoin is finding a workaround US currency, not because Bitcoin was a better medium of exchange. We have to wait and watch for sometime, there is a bright future for bitcoins and I hope Bitcoin will never ever dead.
centauribit
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September 10, 2015, 04:59:52 AM
 #653

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

RealBitcoin
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September 10, 2015, 05:38:20 PM
 #654

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

Echye
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September 10, 2015, 06:52:27 PM
 #655

Nopeville
Amph
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September 11, 2015, 07:13:31 AM
 #656

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet
Oscilson
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September 11, 2015, 10:48:51 AM
 #657

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

As long as the coin evolves, it does not matter if the technology is old now.
randy8777
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September 11, 2015, 11:02:50 AM
 #658

there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.

There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?

what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet

As long as the coin evolves, it does not matter if the technology is old now.

bitcoin is open source, so it will get its required updates with time. as long as the bitcoin network is growing we don't have to worry about anything. mining farms are still popping up and are investing in renewing their equipment.
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September 11, 2015, 11:51:05 AM
 #659

Bitcoin can only get more innovative as time goes by, I guess we need to take a more prospective point of view
Abiky
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September 11, 2015, 11:52:53 AM
 #660

As long as Bitcoin XT is along the way, Bitcoin will die (if it turns out a success)  Smiley

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