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Topic: Bitcoin is gonna die soon! (Read 8191 times)

full member
Activity: 210
Merit: 100
October 25, 2017, 06:59:21 AM
Bitcoin dies every day if we belive everything we read. Come on guys , it's all about the blockchain technology , bitcoin can't die and that it is.
sr. member
Activity: 546
Merit: 250
October 25, 2017, 06:56:18 AM
It is impossible that bitcoin will die soon, you know why? Because it is now accepted in the economy, and many companies, large groups, rich people and the countries themselves proves that bitcoin is very essential and very useful, even though many countries wanted it to banned, there will be a new recruited country. Thats why it wont die.
full member
Activity: 448
Merit: 100
Virtual Assistant | Remote Admin Support
October 25, 2017, 06:29:56 AM
Unfortunately bitcoin wont die simply because of the huge demand and it will gain more popularity that it might replace all other currencies because of its convinience and aunonimity.
full member
Activity: 1134
Merit: 102
October 25, 2017, 06:18:48 AM
As per my own opinion bitcoin industry wont die, because it is already exists and also as gime goes by it is getting stronger because of the people who sre already hooked up to this kind of essy money.

Bitcoin is becoming very stronger in terms of value, if government wants to ban Bitcoin it will before only. There are many countries accepting Bitcoin as payment method due to because the understand the growth in Bitcoin.
member
Activity: 112
Merit: 10
October 25, 2017, 06:01:55 AM
Bitcoin is gonna die soon because of too high fees and too slow transactions. It is becoming a very bad quality payment system, with no relevant pros in using it.


Now I see 4 different scenarios that could happen in the next months:

  • Bitcoin developers will solve these scaling problems and Bitcoin returns to be the cheap and fast payment system it was some years ago.
  • Bitcoin users will move all their BTCs to the so-called "altcoins". Most of these altcoins are already far better than BTC, regarding technical specs, confirmation time, privacy, etc. Dash, Monero, DOGE, LTC, etc. all of them are better than Bitcoin.
  • Bitcoin transaction will become less and less because its users will just hold their coins. Thus BTC would become a sort of digital asset, with no actual use as a payment system. (Note that Satoshi thought of Bitcoin mainly as an innovative payment system)
  • People will get tired of cryptocoins and move back to the ol' banking system.


Which one do you prefer and which one do you predict?
Your predictions are too good and very vivid! For me, I think it will be impossible that bitcoin will be dissolved within the next few months because bktcoin is just strating to gain momentum when it comes to popularity.
With regards to fees of services, developers and or miners have the right yo increse or decrease fees. It also depends on the number of users. There is an increase in demands for transactions that is why fees also increase. I think thre must be a way to lower down costs too!
On the other hand and which I am sure of, there will be an altcoin which will outstage bitcoin in the coming months or years.
hero member
Activity: 2870
Merit: 594
October 22, 2017, 10:38:58 PM
I heard that Bitcoin will die soon from the beginning, yet the Bitcoin grows stronger ever. There are always people who are skeptical. For me, Bitcoin will not die, it survived the moment where it worth 1 cent and everyone thought it was dead, lol.
This has been a statement that got into existence years back. Whenever a crash gets started, automatically the panic gets circulated around and the same might cause a downfall in value to certain extent. This won't let bitcoin die, but it gains the resistance to overcome issues. In a similar manner it keeps on growing and there is no need of thinking about death of bitcoin.

There are really a lot of people here that has created fud saying that bitcoin will die soon. But I haven't see it happening up until know. That's why I learn to ignored such kind of fud's specially when bitcoin it going up and breaking ATH. They have their own intentions to create this fud but I don't think they are gaining good grounds because bitcoin is here to stay.
legendary
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 22, 2017, 10:36:07 PM
I heard that Bitcoin will die soon from the beginning, yet the Bitcoin grows stronger ever. There are always people who are skeptical. For me, Bitcoin will not die, it survived the moment where it worth 1 cent and everyone thought it was dead, lol.
This has been a statement that got into existence years back. Whenever a crash gets started, automatically the panic gets circulated around and the same might cause a downfall in value to certain extent. This won't let bitcoin die, but it gains the resistance to overcome issues. In a similar manner it keeps on growing and there is no need of thinking about death of bitcoin.
full member
Activity: 406
Merit: 100
October 22, 2017, 10:30:51 PM
NO,NO,NO!This has been discussed many times before, just search for them and you will see lots of reply on this.
hero member
Activity: 770
Merit: 605
October 22, 2017, 10:29:08 PM
I heard that Bitcoin will die soon from the beginning, yet the Bitcoin grows stronger ever. There are always people who are skeptical. For me, Bitcoin will not die, it survived the moment where it worth 1 cent and everyone thought it was dead, lol.
member
Activity: 181
Merit: 10
Working as a Web Developer and Cyber specialist.
October 22, 2017, 10:24:37 PM
Bitcoin will die if they don't develop their system. Bitcoin payment system and other side of bitcoin system is so bad. If there someone make a new crypto currency then it should die soon. Bitcoin developer must need to work for those problem otherwise their popularity will be destroyed in few days.
full member
Activity: 378
Merit: 100
October 22, 2017, 12:06:20 PM
As per my own opinion bitcoin industry wont die, because it is already exists and also as gime goes by it is getting stronger because of the people who sre already hooked up to this kind of essy money.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 18, 2017, 12:05:59 PM
No. That is very impossible that the bitcoin will die. It will never die and many people know it. Because bitcoin now is more popular than before and it also gaining more power. I promise that the bitcoin will not die.

It is crazy to say that bitcoin will die, that will never happen. The bitcoin has grown and is continuing to grow, becoming stronger than any other currency, and even surpassing gold and becoming the most horrible economic currency in the world.

Change that to not in our lifetime.
There is no never for anything in this world.

Existence is truth, I regard BTC as a financial test products
maybe it will failed ,maybe it's more expensive than gold

You probably failed the English exam.
Bitcoin is a currency , bitcoin is not more expensive than gold.1 btc is worth more than 1gr of gold but wayless than a kg.

Just like the dollar is not more expensive than oil or hazelnuts.
full member
Activity: 162
Merit: 100
June 18, 2017, 08:25:19 AM
Come on, this issue has been around since bitcoin first there, will not sell, dying and then die. It may happen, if God wills, anything can happen. But there is no certainty or big issues that can be trusted to make bitcoin die
sr. member
Activity: 672
Merit: 250
June 18, 2017, 08:16:54 AM
The idea of some speculations regarding bitcoin is gonna die soon is not and interesting things to know, because if we gonna believe in that possibility I think we are not here having our opinions in the forum. Rumors will always be rumors and exactly it poisons the minds of those people who doesn't have strong fate with bitcoin, and worst is it creates an idea of panic decisions which made investors decide panic sell and it really affects bitcoin economy.
full member
Activity: 224
Merit: 100
June 18, 2017, 07:53:02 AM
Bitcoin is gonna die soon, i've seen a lot of  this phrase way back 2014 when the Bitcoin price was going up, people didn't expect that this coins price will continue to grow, that is when people that was not able to invest early spread rumors that Bitcoin is gonna die. But wait look at it till now, it is still alive and price grows more.
Lets see if the price would go down and see whether the major investors will back out,if they do so then we could see a sub thousand coin which would be funny,if the price falls that much will people ever enter those valuation,i am sure people will and we could see a gradual growth at a slow price,what ever it may be bitcoin wont die.
hero member
Activity: 1134
Merit: 502
June 18, 2017, 07:24:32 AM
Bitcoin is gonna die soon, i've seen a lot of  this phrase way back 2014 when the Bitcoin price was going up, people didn't expect that this coins price will continue to grow, that is when people that was not able to invest early spread rumors that Bitcoin is gonna die. But wait look at it till now, it is still alive and price grows more.
sr. member
Activity: 490
Merit: 250
June 18, 2017, 07:17:05 AM
Bitcoin is already here....it can not die if it already exists  Grin
This is not the point of OP, the thing is bitcoin is now having a problem especially in terma of transaction delay and the fees in evert tx you are going to do.
I guess it is obvious that bitcoin really have strong support from the public so it will never die, it may drop but not die at all especially that there are merchants and business in really economy that accept bitcoin to transfer money or pay them.
I guess developers will going to improve it at all. Nothing more can resolve it but the developers alone.
hero member
Activity: 630
Merit: 500
June 18, 2017, 07:00:13 AM
No. That is very impossible that the bitcoin will die. It will never die and many people know it. Because bitcoin now is more popular than before and it also gaining more power. I promise that the bitcoin will not die.
yes that is right we can expect that bitcoin remain for ever and will never die. it is now becoming the main currency of life. because bitcon is becoming popular more and more and people and shopkeepers are now accepting bitcoin for shopping people are now using it for payng bells so bitcoin is the future of money.
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
June 18, 2017, 05:21:02 AM
All things can happen without us guessing. We just think or thinking about something from what we knowed it, like the bitcoin here. I don't think bitcoin's gonna die, maybe it looks like getting bad since of a lot of things in the know. But I think it's just a temporary happened.
sr. member
Activity: 924
Merit: 275
June 18, 2017, 05:03:32 AM
No. That is very impossible that the bitcoin will die. It will never die and many people know it. Because bitcoin now is more popular than before and it also gaining more power. I promise that the bitcoin will not die.
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