Pages:
Author

Topic: bitcoin might be over but blockchain will live - page 4. (Read 2102 times)

member
Activity: 207
Merit: 11
Blockchain is a powerful technology where there are many features that can still be developed. Banking and insurance are some of the ones who will develop this technology. But in my opinion bitcoin won't die either, it will still be there side by side with the development of the blockchain. But it is true that people are now more interested in the blockchain, I hope people can solve more problems with this technology.
I think people's attention is focused on bitcoin more, instead of focusing on blockchain technology as you say because blockchain technology can have many unique things but the technology market never lacks similar technologies, so few people care about blockchain. However, based on blockchain technology, Bitcoin becomes a new and extremely special product, the level of risk and profit then its stimulation in an area is very clear, if considered in the long run, bitcoin will probably live better than blockchain when too few cryptocurrencies can replace it
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
It was not the intention to show that bitcoin has major flaws. Sorry on that.

Despite the flaws of bitcoin it managed to dominate the market even there are many other coins that is much better than it, why? because bitcoin already gained the popularity it needs to be respected and gross reputation through the years. I guess this is another FUD, well it really looks like FUD spreading because of the bitcoin gradually decreasing price right now. One thing is for sure, bitcoin will never be over.
How can you be sure bitcoin will never die? Have you ever thought of increasing its value naturally? never ! Prior to 2015 investors only invested in bitcoin and other alts with the aim of developing blockchain technology. But now the market has been alienated by manipulators and has made Bitcoin's price soar even though its technology has not improved. Even now bitcoin transfers are very long and costly, they are not as good as they used to be. its value will soon be discovered and people have no reason to keep it.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
Bitcoin is the personification of the blockchain, at least at the current stage. Volatility, of course, greatly spoils the reputation of cryptocurrencies, but it is also the reason for the opening of vast opportunities for earning impossible in other areas of this type. Bitcoin is alive thanks to the blockchain, and will live thanks to it.


And the vice versa. I mean, Bitcoin's blockchain is the most secure one around, right? If people need to use a secure blockchain for a serious business, they can pay higher transaction fees, and wait a bit more for the confirmation than on other blockchains, but, at the same time, they can be sure that they are using the most tamper-proof one, and that's what is more important for them than saving 50 cents or waiting 10-15 minutes less for confirmation.
newbie
Activity: 34
Merit: 0
Blockchain is a powerful technology where there are many features that can still be developed. Banking and insurance are some of the ones who will develop this technology. But in my opinion bitcoin won't die either, it will still be there side by side with the development of the blockchain. But it is true that people are now more interested in the blockchain, I hope people can solve more problems with this technology.

These two technologies will be taken more separated in nearest future I believe.
Unfortunately cryptocurrencies (and bitcoin) are partly about gambling and illegal activities so that's what media are talking about.
Blockchain on the other hand is just a technology to solve problems.

However after that Venezuela situation bitcoin could gain respect in some way
sr. member
Activity: 448
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Sure, while blockchain technology supports the growth of bitcoin and other alts, they are two aspects that are completely different. Blockchain technology can be used to record on the blockchain by any kind of person, Bitcoin is just one application on it. So blockchain technology would definitely flourish our economy, but we're not sure about Crypto. Nonetheless, I always hope that blockchain technology will be widely used in many countries one day, it will be an opportunity for sales companies in many countries to develop strongly.
legendary
Activity: 1120
Merit: 1000
Blockchain is a powerful technology where there are many features that can still be developed. Banking and insurance are some of the ones who will develop this technology. But in my opinion bitcoin won't die either, it will still be there side by side with the development of the blockchain. But it is true that people are now more interested in the blockchain, I hope people can solve more problems with this technology.
sr. member
Activity: 1050
Merit: 377
Bitcoin is the personification of the blockchain, at least at the current stage. Volatility, of course, greatly spoils the reputation of cryptocurrencies, but it is also the reason for the opening of vast opportunities for earning impossible in other areas of this type. Bitcoin is alive thanks to the blockchain, and will live thanks to it.
full member
Activity: 721
Merit: 100
Blockchain is an advanced technology. The face of this technology is bitcoin. Without Bitcoin, the blockchain wouldn't be so famous. I think bitcoin proved itself. This market is the kingdom of bitcoin. Blockchain is used in which area so much.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
We can say blockchain is like a family head that has many childs among them the most prominent and capable child is bitcoin. The fame blockchain enjoying right now is due to bitcoin. Just like decentralized bitcoin is not acceptable to government and other bodies. Decentralized blockchain is also not acceptable to governments bodies but a centralized one aka private blockchain.
sr. member
Activity: 966
Merit: 274
it is true because if everyone uses bitcoin then it will not be able to because the supply of bitcoin is very limited it will be easy to manipulate prices and certainly will harm many people, you better use blockchain technology but don't use bitcoin which is very volatile.

Do we think that bitcoin will be easily manipulated? Or is it better to think that because of the limited supply of bitcoin, it is the reason that will drive the bitcoin to increase its market price in the future. Although, there are many cryptocurrency that has potential to be used in daily transactions, bitcoin is the best and people would probably thanking bitcoin why we are now in a new phase of economic development in currency and financial stability.
member
Activity: 576
Merit: 43
it is true because if everyone uses bitcoin then it will not be able to because the supply of bitcoin is very limited it will be easy to manipulate prices and certainly will harm many people, you better use blockchain technology but don't use bitcoin which is very volatile.
legendary
Activity: 1106
Merit: 1000
Blockchain is a part of the Bitcoin technology, and not the other way around. Blockchain will be in existence only if Bitcoin exists. A lot of people (including the governmental players) are trying to paint Blockchain as innovative technology and at the same time trying to whitewash Bitcoin as some illegal money payment system used by criminals. They need to understand that Blockchain is irreversibly connected to Bitcoin.

Blockchain can be modified as much as you like, it's don't need Bitcoin to build blockchain.
The government has been researching on blockchain technology, it's highly chance that they will create country coin that is centralized with cryptocurrency ecosystem and want to ban other cryptocurrency that already exists, such as China plans recently.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Yes it could happen but as long as crypto is here to stay, bitcoin will never die, maybe it will loss the lead but it will never die.

Bitcoin is decentralized and there's no better blockchain here but to be being decentralized as this gives real freedom to people like us.
Bitcoin will never die for any reason. Maybe if governments unite together it might lead to decrease in the usage of bitcoin. This might cause bitcoin to loss its importance, but bitcoin won't die for any reason. With every passing year the growth of bitcoin is found to be progressing forward. Blockchain technology usage too keeps counting, and this assures growth of bitcoin to happen along with the blockchain technology.
member
Activity: 770
Merit: 12
Trphy.io
While I agree that Bitcoin may not be the best or the perfect cryptocurrency, but it may be the first, the most widely recognised and, in my opinion, the most used, it can last for a generation and more. Although we can't really tell exactly how things are going to happen in the future, of course, but I have high hopes on Bitcoin more than any other cryptocurrency on the market. Competitors will always be there, and there are signs that we have a safe and competitive environment, something we should be very proud of. Now, with the technology of blockchain, I am sure that it will be embraced by more and more companies and even nations, and that is good. Adoption in the block, however
right, no one knows the future of bitcoin, but indeed the blockchain will be more easily adopted by many countries, with a decentralized system that can ease human work. I think the blockchain will still exist and there are no problems, and so will Bitcoin, after many countries evaluate dollars that are no longer relevant

jr. member
Activity: 392
Merit: 7
If btc dies then what?  All Ur btc Will disapere in wallet?

Unlikely this rather is btc price to fall very down
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Yes it could happen but as long as crypto is here to stay, bitcoin will never die, maybe it will loss the lead but it will never die.

Bitcoin is decentralized and there's no better blockchain here but to be being decentralized as this gives real freedom to people like us.
sr. member
Activity: 462
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
While I agree that Bitcoin may not be the best or the perfect cryptocurrency, but it may be the first, the most widely recognised and, in my opinion, the most used, it can last for a generation and more. Although we can't really tell exactly how things are going to happen in the future, of course, but I have high hopes on Bitcoin more than any other cryptocurrency on the market. Competitors will always be there, and there are signs that we have a safe and competitive environment, something we should be very proud of. Now, with the technology of blockchain, I am sure that it will be embraced by more and more companies and even nations, and that is good. Adoption in the block, however
jr. member
Activity: 392
Merit: 7
Bitcoin Wake up Only If People Will need btc Badly!
But They Don't so.... 2020 Will be slow slow death for btc then.....


But Wait minute everytime When u sell someone always Will buy it from You!
hero member
Activity: 1651
Merit: 863
Actually almost all altcoins are dead. Almost only BTC doubled its price 2019.
Its very alive and far from over.
Most blockchain experiments fueled by token, are dead too, as blockchain is not the best solution for every database-usecase.
Yes, BTC will not live forever. But maybe it will live longer than many people think.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Why do you think that the bitcoins might be over ?
The statement itself is very wrong , you should understand that , bitcoins is too deep rooted in the society that it's problem for the government itself , they won't be able to take it out that easily.
Also at the same time yes blockchain is a revolutionary technology and therefore it will stay in this world for days to come , in schools , banks , industries everywhere .
All the arguments people have about why bitcoin is not going to survive always have to do with the price, they do not take a look at the technology and how being your own bank and own a currency that no government can crash is a huge advantage, they are only seeing the world as it is now and not as it will be, it is impossible the current economic system being implemented all over the world is going to last forever, at some point it will fail, and while bitcoin may not last forever either one thing is for sure, it will last a lot more than the system we currently have.
Pages:
Jump to: