Topic: bitcoin the survival of the fittest - page 3. (Read 18800 times)

No doubt that this coin is one the strongest coin because of faces many struggles, negative thinkers, bringing down but still bitcoin was alive and survive those people who always saying this is scam or it will die but still bitcoin is here for us surviving again on the market value.

Yes many people have dumped their crypto assets as they feel disappointed and decide never to come back to the cryptosystem again but the truth is that even in real world business only the patient and high risk takers gain more profits, it simply means those who are patient will gain more why those who left will find it difficult to afford Bitcoin and other crypto coins in the nearest future as the raise in price will shock every blockchain enthusiast.

My friends saw some good things about me when bitcoin was on all time high and I felt sorry for them that when they started to get interested to it, the price went lower.

I never told anything to them anything related to bitcoin, it's for them to decide if they will buy, hold or dump it. In the first place, it's their money and I never introduced it to them but themselves.

Yes to survive in this field a lot of responsibility with their for that currency I think that kind had all kind of things to be organised in one currency that's why it will play a vital role for all type of blockchain system and the middle of cryptocurrency also so the serving factor will definitely suitable for Bitcoin very perfectly.

Everything that is created Can be destroyed although am a cryptocurrency enthusiast there are some negative factors that can leave bitcoin in a terrible state.
I would also advice people to buy bitcoin now that it at least affordable in Future bitcoin would not be so easy to afford and that would be the era of cryptocurrency

when you set out to change the world you must expect a lot of resistance specially from those who feel threatened by you. and that is what bitcoin has been doing. it was create to change the world and since this world is also linked with money it has been threatening a lot of big people with a lot of power including banks which is why there has been a lot of attacks against bitcoin and a lot of roadblocks against the adoption of it. but the adoption is still growing despite all that because bitcoin is useful. and that is why it is "surviving".

Definitely bitcoin will never die and it thrive because the demand it is getting from the financial world and also people who are not happy with the stock market due to low profit levels tends to invest in bitcoin in these days so I think directly or indirectly this has caused bitcoin to increase its price than before because increasing investors means increase in demand and also bitcoin into business adaptation is progressing than the past which are major reasons according to my understanding bitcoin is very far from dying but it is thriving like you have mentioned

Suggest to buy, collect and dispose of it is good, so not owned for too long, because you see a lot of hacking happening. These suggestions are indeed good and certainly many people have done, so that bitcoin continues to spin and provide good benefits for its holders. One of the actions to avoid irresponsible hacking.

Many have long done so. They sold their assets and left the market forever. But those who stayed won't regret it. The market has sent us a test that only the most patient and true crypto enthusiast can overcome. I believe that it remains to wait quite a bit and we will be able to see the growth of the market again and we will not regret that we did not leave it.

Yes, Bitcoin have survived until now but I have no idea what will happen next. And I do not think cause of collapse of the collapsed companies or banks is related to BTC. Anyway those who wanted to influence the price have already done, and now price is below 4k and which companies are you talking about worse than BTC?

The survival of the fittest means who can survive in the all kind of situation will be the suitable title for that so I definitely fit the title to the Bitcoin very suitable world but we cannot judge a decision by seeing the one side of anything we need to see that total side of be kind to make the judgement.

Well those that are constantly attacking bitcoin are still those that benefits massively from bitcoin and in they usual game they always try to manipulate the market by spreading fake rumors in the market in other for people to rush into dumping and at the end buying at a low Price. But in all since bitcoin is decentralized it very hard for it to be destroy just like that.

Bitcoin has already made a good impression to the investors, and this is why even if the market falls a 100 times, it continues to survive and become even better. Cryptomarket is consist of many coins but still bitcoin is on top for a good reason. This is the survival of the fittest, those who will survive in this bear market will go next round to face another challenges.

You say that bitcoin has survived every ugly form that can take place and people were unable to destroy through various attempt, yet you don't recommend people to buy bitcoin and will instead suggest them to dump all they have? This does not make sense!
Do you have any particular reason why you wouldn't recommend people to use bitcoin? I would love to hear that.

Basically it matches the “can’t beat it, join it” requirement. Total un-contradictable survivor.


Some deadliest attacks I could think of without the intensity order:
1. The software itself hacked
2. The block chain (data) itself hacked
3. The hodlers wallet hacks
4. The network hack (51% attack)
5. The encryption system itself hacks (ECDSA)
6. The crypto exchange mega robbery
I believe all of them could completely make bitcoin totally unable to use, when no one can use it, it is same as dead, just a software that wouldn’t work, why would anyone keep a software that keep returning fatal errors.


I’m very impressed with their vision in the bitcoin, when I first look at it, in my best possible knowledge I couldn’t see the future in the technology itself, now I’m truly convinced I’m so wrong and couldn’t saw the wildest imagination they have in their mind about bitcoin.

Despite the success of the bitcoin I’m still not going to recommend to anyone, it’s just impossible to have the same vision just like Hal Finney and Satoshi once have and share it to anyone. Dollar cost average, I know I could get hurt pretty badly during bear market, I would only use it during bull market.

Survival is up to the people. It's not the currency/asset itself, that was proven to be successful after the first transaction between Satoshi and Hal Finney. Bitcoin now lives and breathes at a level equal to how the people hold and use it.


This is an excellent recommendation. Buying in smaller increments over time are best to ensure you're getting the most efficient price possible...the investment world calls it dollar/euro/yen cost averaging.

There really is no deadly attack on bitcoin to kill it. Undoubtedly it was received with a lot of wariness and in some situations, it waa not received at all, and some governments moved to protect its citizens from what it thought unsafe but more importantly a threat to its monopoly. And there are the naysayers who consistently talked down bitcoin and the concept behind it.

In the ideal economy, there will be no scarcity for anyone, which means everyone would have the foods they want, have the toys they want, they have everyday needs and wants, which also mean there are just no desire to buy it anymore, and the money itself have no value since no one need to buy anything, they get everything they want in life,   what will be the future needs and wants? I believe the bitcoin replacement would be the one that can provide zero scarcity in economy. But what will be the final product? I dunno.


Two major industry that get a lot funding, artificial intelligence and block chain, I dunno what’re they thinking about, or it is just hype all over the media, and some trading algo gone out of control and pump the hype to the moon. The medias are still very hot about these two industry, definitely something fascinate me.


I don’t fancy about being whales in the crypto, one big concern being the low liquidity, whales couldn’t sell all their stake during bull, definitely couldn’t sell all during bear, they are just having no option to escape from this crap, the only option is hold and find a way to spend them (by buying altcoin?). It is also good to be small timer since it’s easier for me to liquidate whenever I want and not to worry about the volume. Being capitalist in crypto bear a huge risk to not able to dump their stake, sound like a bad deal for crypto whales capitalist, one example being bitmain in a huge mess by hodling so many coins, constantly firing staff to keep it alive,  I wouldn’t enjoy being on their shoe. To be honest I wouldn’t come to this forum if not for the profit it could generate.

it is true bitcoin has faced so many challenges which could have destroyed it in the past but at every given time it overcomes and comes back stronger. We can boldly say bitcoin will survive any challenge thrown at it

Bitcoin cannot be hacked and in the last 10 years it has never been
hacked. That is one of the true features of this coin which continues
to survive.

What can be hacked though are exchanges and wallets, that is a
different matter and comes about by individuals and exchanges lack
of security, bitcoin itself is not at fault.