Analyst say bitcoin will Obsolete one day. - page 8.

A Feeder

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Quote from: jseverson on June 16, 2018, 08:05:42 AM

Let's clarify: He didn't say Bitcoin will be obsolete one day, he said blockchain technology will be. He also said that it will be on the basis that intelligence agencies will be able to decrypt it. Well, good luck with that I suppose.

I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.

Decrypting the whole blockchain is almost as good as impossible. Let them try but I will bet that the blockchain technology will still prevail. To that end, I hope that people will try to accept a lot more about technology since it is very helpful.

kasemin

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Yes do not trust these analysts because most of the time it's useless. You must have your own judgment. Bitcoin and Blockchain can not be separated, but Blockchain has a unique value. However, so far this technology has not been used in full force. Therefore, for Blockchain technology, it can be said that everything is still ahead.

founfition

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Anyone can be an analyst. Can a stupid analyst give a specific time? In that case, I dare to say that I am an analyst. I think the BTC died in a few hundred years, don't you think? Do I have a point?

Menawi12

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Quote from: shafi alam on June 16, 2018, 07:41:02 AM

The predictor says its useful, its visible, but one day it will be obsolete.
One thing I want to say people wants to says negatively. this is a new technology, we can't appreciate new things.
new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

If bitcoin become obselete, must be a new coin with more advantages than bitcoin. From what i understand, bitcoin circulation still not max supply and i think untill max supply mined, bitcoin will more expensive

Hopeman1

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I also think bitcoin is facing many challenges at present. More and more altcoin is beginning to be better than bitcoin.
And people are using bitcoin less and less, which is worrying.

addeqt

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Bitcoin will become obsolete? I think that could happen, but it just saying that dollar could become obsolete someday. Everything has its starts and end, and I am sure with that. But it could take a long time in order for a certain currency to end. Imagine in those old days, when people are using gold as a payment, they even use a little sack with a tie to store those gold coins. But what happened, those gold coins are gone, and it is mostly replaced by bank notes. In the near future, when the technology is not suited to the community it could be obsolete, but it doesn't mean that it lost its value. If one could find a gold coin in the early years, I am sure its value is much higher than the year it is being used.

zhekinsp

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No one is expert in the crypto currency prediction even consider myself as an analyst that and I predict that the bitcoin will stay here forever.Maybe that analysis is just a FUD attack by the whales to trap the newbie investors.So if the prople want to invest on the crypto currencies invest only after you trust the technology behind it.

iamMhew

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Obsolete happens oneday, but not in bitcoin, because bitcoin is a solid one that can survived, meaning that even bitcoin price drop from day to day, it surly raised, and no one can stop it from it. Even it has to fall/got dip from now but sooner or later many of us will surly regrets by this. And many investors that who believes in bitcoin will succeed in this proportion .

usekevin

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Actually the answer is no.I don't know why people spreading bad news about bitcoin.It will reduce the investment and price of bitcoin.Being a investors,we should not believe the fake news.Now bitcoin technology is adopted by many of the people in many countries.Don't get doubt on bitcoin and cryptocurrency growth.

dutchkay

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We have heard a lot of stories carrying FUD about bitcoin and it's not a new thing again. We are used to it. Every one likes to say their own in other to get media attention for themselves. Thy have already thrown everything at it and it kept coming back stronger. But the truth is that blockchain is a game charger and will really help the world evolve.

carlisle1

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Quote from: shafi alam on June 16, 2018, 07:41:02 AM

The predictor says its useful, its visible, but one day it will be obsolete.
One thing I want to say people wants to says negatively. this is a new technology, we can't appreciate new things.
new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

This is what happens when a proof providers dont even understand whats the body of the link,it wasnt the bitcoin the article says,instead its the blockchain,but i dont buy this because blockchain is one of the advanced technology world has ever had,and even in future theres many new technologies will come still it cant be replaced

Pourmeacup

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analyst says bitcoin will go to zero and bla bla bla bla bla bla bla bla!
thank you for these trash analysis!
we don't care!

cryptohunter

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one day the universe is going to be obsolete according to many scientists....

First77

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I'm sure that in 20 years there will either be very large transaction volume or no volume. -- Satoshi Nakamoto

freetokens

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right from the introduction of bitcoin analyst are saying bitcoin is Ponzi and bitcoin will die and bitcoin don't have value and now governments are embarrassing bitcoin

daarul50

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I'm not worried anymore when it comes news like this that tends to be more negative against bitcoin. However, so far such news has never affected the bitcoin price movement significantly because bitcoin holders are getting used to coping with themselves to deal with such news.

Markmolotok1488

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I think that bitcoin will develop and don't lose its leading position. Have you all forgotten about the lightning protocol? What prevents then bitkoinu remain leader? I think that bitcoin will always be number 1.

fortunecrypto

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Quote from: shafi alam on June 16, 2018, 07:41:02 AM

The predictor says its useful, its visible, but one day it will be obsolete.
One thing I want to say people wants to says negatively. this is a new technology, we can't appreciate new things.
new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

There are so many articles and news like that on the internet and offline ever since this technology started, but until now the technology continues and continue to evolve and upgrade, the cryptocurrency community is one in building and supporting the blockchain technology to combat this negative news.

Shame_Game

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Honestly, to me it does not matter whether bitcoin is obsolete technology of or not. More importantly, it should grow at the same rate as last year and continue to make us richer.

hachiman13

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How many times has bitcoin been "dead" to the media since it gained popularity? This article is similar to those kind of news and bears no weight whatsoever and not even worth the attention. You can see the negativity with this people;clearly they are against it in the first place. They didn't even consider that fact that it can evolve and have a sort of V2.0

Topic: Analyst say bitcoin will Obsolete one day. - page 8. (Read 2132 times)