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Topic: Bitcoin, How Long Will It Last? (Read 5554 times)

member
Activity: 60
Merit: 10
February 25, 2015, 10:12:31 AM
#91
How Long Will Bitcoin Endure?

How long?
How long can it hold its price?
How long can it stand its value?
Is the end near?
Or will it just be remembered in the statue?


With a lot of good news this year, I think Bitcoin is not going anywhere.
Hmmm..regulation maybe but it will not die.
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
February 21, 2015, 07:41:54 PM
#90
it will last until central banks feel threatened by it. Then one or all of the following will happen:

1. government will ban it
2. central banks will buy up bitcoin, then dump it on the open market to crash the price
3. government/NSA will essentially take control of the project by coercing miners
legendary
Activity: 1610
Merit: 1183
February 21, 2015, 07:39:33 PM
#89
My main fear is that the miners start jumping off the ship if the price goes lower.
newbie
Activity: 24
Merit: 0
February 21, 2015, 02:44:59 PM
#88
BTC will eventually be replaced I think, because deflation can be bad or good, and usually it is good when it is driven by innovation, not supply limits
And how the hell isn't bitcoin and everything related to it not innovation lol.

it's a bit clunky in its development. Very very conservative in that department if you ask me. Not enough new features compared to what others are doing. Not exactly adapting with the changing crypto environment.
hero member
Activity: 700
Merit: 501
February 21, 2015, 02:00:35 PM
#87
BTC will eventually be replaced I think, because deflation can be bad or good, and usually it is good when it is driven by innovation, not supply limits
And how the hell isn't bitcoin and everything related to it not innovation lol.
legendary
Activity: 1946
Merit: 1137
February 21, 2015, 10:04:24 AM
#86
come to think of it, its a great way around inheretance tax
if you could find an old man to agree to change his money (inheritance) to Bitcoin. introduce him to us i am he will be on CNN next time there is something about bitcoin on
legendary
Activity: 3374
Merit: 1824
February 21, 2015, 07:25:08 AM
#85
Bitcoin will be forever...... Smiley

Lets hope that it will stay!
Bitcoin will not be forever, it will die when the universe implodes within itself.

LOL very original answer Smiley
Seriously, it's impossible to predict future of bitcoin.
For example, in the past hotmail email and msn search was the most popular on line and we was thinking that this will never change.
Now, we see that gmail and google search are the most popular online.
So, right now bitcoin is the most popular virtual currency but if someone start another virtual currency with better potential, people will naturally accept new ''great'' thing and forget bitcoin.
Let's wait and see what happens.

sr. member
Activity: 364
Merit: 256
February 21, 2015, 07:00:32 AM
#84
BTC will eventually be replaced I think, because deflation can be bad or good, and usually it is good when it is driven by innovation, not supply limits
legendary
Activity: 1372
Merit: 1252
February 20, 2015, 06:12:13 PM
#83
The price will probably drop for a few years. It will be a good time to accumulate, then it will rise and rise and rise. The duration will be many years, and Bitcoin will last for many more years beyond that. It will hold its own because of the inherent value that it brings. That is the important part that accounts for its longevity.
Indeed, we are on accumulation period like after 40 dollar crash in the early days. Long period of stable low price, time to stack up.
newbie
Activity: 48
Merit: 0
February 20, 2015, 02:00:07 PM
#82
The price will probably drop for a few years. It will be a good time to accumulate, then it will rise and rise and rise. The duration will be many years, and Bitcoin will last for many more years beyond that. It will hold its own because of the inherent value that it brings. That is the important part that accounts for its longevity.
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
February 20, 2015, 01:31:41 PM
#81
How long?
The bitcoin has yet not started to get well, you cannot expect it to die before all blocks have been mined and there will still be more transaction blocks to mine , so not going down for a while

How long can it hold its price?
It will always hold a price , the price might go down or up , but there will always be a price

How long can it stand its value?
Bitcoin value depends on people who use it and we are always going to be using bitcoin, atleast i'm

Is the end near?
It was , 2012 remember  Wink

Or will it just be remembered in the statue?
It sure will be remembered in the statue but a live one
member
Activity: 61
Merit: 10
February 20, 2015, 11:26:38 AM
#80
I have absolutely no idea how long bitcoin will last and that's what makes it exciting. It could last for years, maybe decades, or it could fizzle out or die completely or in that timeframe too.

come to think of it, its a great way around inheretance tax

Not if you die suddenly and nobody knows what your password is  Grin
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
February 20, 2015, 11:16:26 AM
#79
Feb. 14, 2010: "I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume."
I hope this answers your question , this is a quote from Satoshi Nakamoto on Feb 2014 .  (5 years ago)

~ Madness
legendary
Activity: 868
Merit: 1006
February 20, 2015, 11:08:38 AM
#78
come to think of it, its a great way around inheretance tax
You would need to put all the money in advance through a exchange and you already give your data to the exchange so you can be prosecuted.
newbie
Activity: 2
Merit: 0
February 20, 2015, 10:58:49 AM
#77
come to think of it, its a great way around inheretance tax
hero member
Activity: 1022
Merit: 500
February 20, 2015, 10:57:14 AM
#76
Bitcoin will be forever...... Smiley

Lets hope that it will stay!
Bitcoin will not be forever, it will die when the universe implodes within itself.

The Sun will expand and "destroy" Earth before the Univers retracts.
legendary
Activity: 1204
Merit: 1028
February 20, 2015, 10:51:29 AM
#75
Bitcoin will be forever...... Smiley

Lets hope that it will stay!
Bitcoin will not be forever, it will die when the universe implodes within itself.
member
Activity: 112
Merit: 10
Play Rock Paper Scissor Lizard Spock
February 20, 2015, 09:42:02 AM
#74
How Long Will Bitcoin Endure?

How long?
How long can it hold its price?
How long can it stand its value?
Is the end near?
Or will it just be remembered in the statue?


Bitcoin hasnt reached its full potential yet. This is just the start.
hero member
Activity: 1022
Merit: 500
February 18, 2015, 04:52:11 AM
#73
How long will it last? Tbh, there are no certainties. Let's face it, if people lose interest in one thing, it could be easily forgotten by the majority of people. Bitcoin isn't an exception for that. It's true that bitcoin is an innovation that opened the eye of many people around the world. Bitcoin has its own "firsts" that may be forever recalled by humans, but there are no guarantees that it may hold value forever. The market is a rapid-changing environment. We can give a correct prediction; we can only speculate.

Not trying to be a pessimist but I think bitcoin wouldn't last longer than a thousand years or so. lol  Grin

Most fiats don't last even 100 years, so im ok with it.

And fiat currencies return to their nautral value of zero.
member
Activity: 112
Merit: 10
February 18, 2015, 02:18:32 AM
#72
Bitcoin will be forever...... Smiley

Lets hope that it will stay!
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