Topic: bitcoin might be over but blockchain will live - page 3. (Read 2102 times)

Blockchain is technology, and Bitcoin is the implementation, it is only natural that Bitcoin is dead, the technology used is still there, anything can happen, risk is the key

It is no longer a new thing, everyone knows already that Blockchain is the main thing, though I don’t really think that Bitcoin will come to an end, maybe other cryptocurrencies would but as for bitcoin it’s going to be different because it’s going to survive. Blockchain is really important, there is still a lot of areas to be explored when it comes to Blockchain.

It is believed that Blockchain cannot only be used for transaction but for other purposes as well, like voting, monitoring supply chains, digital ID, copyright protection, and a lot more. A lot of companies are starting to adopt blockchain, and very soon Government will start adopting it as well.

Are u crazy? Open your eyes. Bitcoin is well and alive.
And its value rises.
Bitcoin is more than blockchaintechnology.
Its also the  realised revolutionary idea of a trustless money that is not issued by goverment.
Believe in math, no need to trust nations or companies or individuals.
Even if one day, far in future, when Bitcoin dies, this idea will not die.
There will probably only a better but still decentralised coin be more used.
A better trustless moneycoin does not necessary need blockchain. There are other technologies thinkable.
As far as i understand, IOTA goes in that direction-but up to date iota is NOT decentralised..


Centralised Coins are a fake imitation of Bitcoin.
If its Libra , BinanceCoin(BNB) or government issued "cryptocurrencies". All Fake. Its NOT a trustless decentralised money!



Majority of Altcoins are over.
Majority of token that uses smartcontracts and an undelaying blockchain (g.e. ICO-token) are over.
Almost all altcoins lost extreme in value.
If you dont believe, just check deadcoins.com (lists 1839 dead coins, but there are more...)

As long as Btc lives, blockchain lives, thats obvious.
With Blockchain you can make much more than only payments.
So yes, blockchain technology will probably live as long as humans will exist( and preserve more than stoneage technology).

So to me this whole thread does not make sense.
Its subject is not a question but a wrong statement.

The biggest problem for all of those coins that claim to be better is how are they going to convince people to adopt them and use them? Why I am going to exchange my bitcoin in which the whole world seems to agree they have some value for a bunch of coins that only a handful of people believe they have value and most of those people have an interest in saying so because they are holding a lot of it or they were the ones to develop the coin?

That would be a problem too because majority of people when using bitcoin are just using for daily transaction and it is not good at the current situation. However, there's what we called Lightning network, this would help solve that problem and hopefully more company will be using that soon in the future.

We need to peg our stable coin to bitcoin as I don't trust fiat, when a countries economy is down, it would affect our money.

what I know is the blockchain technology can be used without having to use bitcoin so I think what the OP is saying can happen because bitcoin is not too good if used by many people there will be price manipulation that can harm some people, so it's better to just use the technology.

Bitcoin and blockchain is connected to each other and as far as i know, if bitcoin is over, what is the purpose of blockchain in our society? it will standalone?As you said that it is a big fact that blockchain technology is am invention to our society that might help many people and it gives people an opportunities to earn some income out of it. Without one of this, there is a possibility to come up with a problem because it interconnected to each other.

I don’t really know what’s wrong with some and it really annoys me a lot . Bitcoin will be going up and nobody will complain that the increase is too much and that the profit they are making is much and they don’t deserve it, but when there is a little decrease, that’s it, they will all start saying that Bitcoin is dead and that it is over. This kind of thing really piss me off.

There is nothing like Bitcoin being over, BTC is never going to die, if anyone should say that then they are just saying trash. Bitcoin has no Central control and it can be controlled by everyone, you only have control over coins. Even if Bitcoin is worth $0.01 today, as long as you can still use it for transaction then it’s not dead.

Sounds funny. However, blockchain cannot live without bitcoin. Where is Blockchain used? So for what purpose they use it. Apart from bitcoin, the blockchainde is worthwhile. Blockchain's most important product is bitcoin. Bitcoin is now very popular.

The fact is that today you can look at cryptocurrency and the blockchain separately, because even the banking system and other companies are introducing blockchain technology today, where they gradually learn to use this technology for their own benefit.  But at the same time, there is no talk of any use of cryptocurrency.  Based on this, such a situation already suggests that the blockchain can fully exist without cryptocurrency.  In addition, I would like to bring some clarity to the situation with the problems that appear in cryptocurrencies due to state policy.  First of all, it is necessary to consider the fact that states want to maintain a monopoly on increasing the amount of money, which allows them to carry out certain manipulations and scams, which could not be significant when using cryptocurrency.

How people always say the bitcoin ends when they see that bitcoin keeps decreasing. Bitcoin's decline is natural because we don't need to be frightened and worried because Bitcoin has high volatility. And more and more countries and companies are embracing blockchain technology today, but Bitcoin has not yet been legalised. Since blockchain technology can be used anywhere without bitcoin in my view, blockchain can stand alone because it's technology. But it is not possible to distinguish bitcoin from blockchain technology. And I'm optimistic that it will also encourage bitcoin adoption when blockchain adoption gets higher.

Better transaction speed doesn't mean better blockchain. Hundreds of faster blockchains with much cheaper transaction fees have been around for years, and people haven't switched to them for a reason. Bitcoin's Blockchain is the most secure and the most decentralized one, and people value those characteristics above all others, including scalability. And, btw, the solution to the scalability problem for Bitcoin is on its way.

Blockchain will continue to evolve and evolve continuously. But if Bitcoin dies, I think this market will die soon, because Bitcoin affects the whole market. I don't want this scenario to happen because it's really bad, bitcoin will still grow and its price will increase incessantly. In the future Bitcoin will be a huge digital asset that no altcoin can beat or replace.

Despite decreasing in value, BTC is far from getting over. The technology behind it is evolving in "silent", transaction fees are getting lower, speed is much faster. However, due to broader usage of blockchain technology, and because of it's nature, BC might seem more popular right now. Banks, governments, corporations are implementing BC in its processes and for that, they don't specifically need BTC. But BTC supply is limited, there is demand and at least in a future might be a collectible thing to have (if not anything else but I highly doubt about that). But I am sure it will be more than that.

bitcoin can be over. its correct. because there may be better blockchain technologies developped. (Even there is at the moment in my opinion). With bigger network sizes and much better transaction speeds. The better ones will take the flag from bitcoin and go on.

And that is the thing, everyone is saying that bitcoin is over and it still doubled its price during the previous year, how negative people have to be to think bitcoin is disappearing because it 'only' gave you 100% in profits, if this was the stock market everyone will be talking about this new stock that is making their investors rich but since this is bitcoin no one misses the opportunity to say bad things about bitcoin even if it is clear it is not going anywhere.

Yeah, without bitcoin blockchain would have never seen the attention it got, we have blockchain thanks to bitcoin and bitcoin thanks to blockchain. People saw what bitcoin is capable of and how blockchain could be used for many other things and succeed thanks to bitcoin, if bitcoin was unsuccessful and there was a lot of bugs and abuses and problems (I can only think of double spending) then we wouldn't have all this attention towards blockchain neither.

There has been attempts of bitcoin-like things before as well and they all failed because they didn't had the blockchain technology behind it but now that we do have blockchain backing bitcoin and bitcoin showing how awesome it can be, they are both getting amazing interest from all sectors for being together, you can't praise one and not like the other.

Right now you can pay 4 satoshis/byte for a fast transaction, and although BTC price is relatively high, it is still only $0.06 for the median transaction size of 202 bytes. And, yes, it's funny that some people are still complaining about "high fees and low speed". Maybe they don't use BTC, and that's why they are not aware of the current situation. Bitcoin is very far from dying, especially today.

It is difficult to say which will survive and which will not depend on the economy of the country But I think blockchain is a much more reliable blockchain than Bitcoin which allows us to easily collect and coordinate information Bitcoin will usually survive on its price The strategy of data collection is always sustainable.

Funny because currently the fee for each bitcoin transaction is as low as 10 sat/byte and that's significantly lower than before although if converted to dollar it's not as cheap as it's back then but that's a big improvement considering back in 2017 at the peak ATH the fee alone could be $20 for each transaction. The length of block confirmation also seems a lot normal and better than before and whenever there's still hash power left bitcoin won't die.