Topic: Bitcoin Will always Survive - page 6. (Read 1113 times)

Bitcoin has experienced even greater DIPs in the past, these are just mere short-term market fluctuations, and I believe those who are considering Bitcoin for its long-term potential are not moved by the current fluctuations because they are all certain about the fact that it'll recover and surpass it's current ATH.

The only people that are mostly affected by this DIP are those who are considering Bitcoin for its short-term gain. Trying to time the market to see when the right time is to buy and to sell is a good example of considering Bitcoin for its short-term gain, which is a very unhealthy approach because when you've tried to predict the market and the market goes the opposite direction, it'll stir up your emotions and when that happens, you could end up making uninformed and illogical decisions.

I'm sure till today, not all people over the world already accept Bitcoin, Warren Buffet is among them.

I really doubt Bitcoin will keep completely decentralized till the last world generation because every halving events makes Bitcoin no longer profitable to mine for small miners. So, it's only big mining farms in country with cheap electricity will survive.

The survival of Bitcoin will depend on the acceptance i.e. if people all over the world can accept the acceptance and universality of Bitcoin then Bitcoin will survive in the world.  Moreover, due to the limited supply of Bitcoin, there is no possibility of inflation of the Bitcoin currency.  Also it's completely decentralized so no third party can control it so I think for now if there are no other issues Bitcoin has the potential to last the world generation after generation.

If someone said that just to have the opportunity to buy more Bitcoin at low prices, it would reflect that he is a big liar. But because this is only said with his mouth without revealing what is in his heart, the person is not considered a liar even though one day this will be proven when he starts to like buying Bitcoin at low prices. Because actually a person like that is someone who likes Bitcoin, just because he can't afford to buy it at a high price, he starts looking for ways to say bad things about Bitcoin.

Bitcoin will "survive" in the same way IBM mainframes have "survived". There's no reason Bitcoin won't stay around forever.

As for whether it will remain at this price level, or drop to $100 or go to $100,000, well, that's anybody's guess.

But when it comes to technology, centralized is the future of digital currency. The blockchain architecture doesn't solve any problems large numbers of people have. A centralized architecture is faster, cheaper, more secure, and can scale to the level that will replace every single monetary transaction that happens every day between humans.

But Bitcoin still "works" just fine, just like the IBM mainframes that power many banks do. But digital currency is still very young, and we haven't yet seen the equivalent of the PC let alone the iPhone in this business. There will be major changes yet to come.

You are truly a writing genius, reading what you describe about bitcoin makes me feel like bitcoin is perfect like god, without any drawbacks and bitcoin was created to heal this world, LOL.

If you think bitcoin cannot be manipulated, can you explain to me why it has such high volatility, can go up and down 10%-20% with just one news about inflation, or a fake news spread in the market? With an asset capitalization of only 2 trillion USD, smaller than the market capitalization of an American technology company, and this is a free market. How can the market avoid being manipulated?
You're right, the government probably won't have time to manipulate bitcoin, bitcoin is being manipulated by market makers, whales, sharks, not the government.

The way Bitcoin bounces is unique. It proves this isnt a fad but a financial revolution. Bitcoin persists despite doubts, government control, and market chaos. That resiliency is decentralization's power. Bitcoin is owned by anyone, therefore no single point of failure. The system is powerful because its administered by and for the people.

The real genius is security and limited supply. Bitcoin's advanced cryptography makes it nearly unhackable. Trust grows from safe transactions. Since there will only be a limited supply of Bitcoin, governments cant create more and manipulate its value. This gadget is built to last, and more people utilizing it will increase its value. Its thrilling to be discussing a potential international currency's early days!

 you can't really tell for sure, reason is because you don't know if there are still upcoming coins that can take the position of bitcoin, you can't really predict what will happen in years coming. However let's take for instance when bitcoin has no value, have you ask yourself that when bitcoin has no value which coin was at the top Before bitcoin came to take the place? you need to think about this before saying that bitcoin will keep staying at the top there are still a lot of coins that  are yet to be listed in the market, you can't really predict the future of those coins not until they are listed you don't know if they can overtake bitcoin, so all we need to do is to keep watching and see what will happen in years to come. I'm not saying that bitcoin won't survive but rather i don't think if bitcoin will still remain at the top forever.

The main reason for Bitcoin to survive is because it is decentralized. There is no body that can claim to be the father of Bitcoin apart from its true father, Satoshi. I was reading a very old thread and one person said in his comments, "To bring down Bitcoin entirely, then Satoshi needs to be captured". Since Bitcoin is not being controlled by anybody in particular, like the way this forum is being managed by a known moderator, then Bitcoin can not be brought down.

     The potential adoption has been happening worldwide for several years, actually. Many countries have adopted Bitcoin and made it payment options in their respective businesses, even merchants who have adopted Bitcoin.

     And until now, there are probably still many people who think that bitcoin is a threat to their country, so they don't want it, even though there are only a few countries that somehow recognize bItcoin.

Trust me, there will be always anyone saying Bitcoin will die every time the price of Bitcoin is crashing. 
And even though this happens continuously but is not proven, one day they will still say the same thing. This idea is not something to be afraid of, but more like their dislike and desire to worsen Bitcoin's image, but they still can't. Because Bitcoin is Bitcoin, its meaning will still exist and will not die easily just because of various issues that have hit it so far.

We have experienced various Bitcoin cycles, from bearish to bullish and vice versa. And how Bitcoin has experienced periods of increases, crashes and sideways. Everything has its time. So, we no longer need to feel panic in any situation.

Much controversy has surrounded Bitcoin because it is considered a threat by governments and financial institutions around the world to the fiat money system and risks losing control of their monetary policies. Bitcoin remains the best choice for now and the future because it does not require or be regulated by a centralized authority and Bitcoin also does not have intrinsic value like fiat currencies.
The consequence of not being able to be controlled by the government, like fiat currency, whose value can easily be influenced by government regulations, means that the monetary authority or central bank's role is increasingly threatened due to Bitcoin's increasingly global popularity. Its value is determined by supply and demand, making Bitcoin development increase every year, in fact it can be seen its development as the cryptocurrency with the largest market value in the world.

Since its initial launch, Bitcoin has received a lot of rejection, starting from the government and many people. Many say that it's not scalable, it's inefficient, it's ineffective, and it's just a ponzi scheme. Furthermore, Bitcoin is associated as a system that could threaten the existence of the banking system, and there are many negative rumors which are the reasons why Bitcoin needs to be banned or eliminated. But even so, Bitcoin still exists to this day. It has gone through many trials and various negative things which have threatened its market. But the proof is that Bitcon is actually growing and recently it even scored its latest ATH last March. This shows that Bitcoin will continue to survive even though many people don't like it.

People who hate bitcoin will always have a biased opinion regarding it whatever kind of news they get. They just refuse to accept the facts and continue to believe what they want to believe. I really do not understand those who hate bitcoin.

There’s absolutely no harm in not investing so I do not know why they refuse to just mind their own business and let those who are interested in investing in crypto do what they want to do. I don’t think bitcoin is that much of a threat to the common good so why hate it?

Are there still people who do FUD like that? I believe that nowadays people in investment have more open eyes. or people who are aware of technological developments and follow Bitcoin news will not be easily incited by news like that.
except for those who are just starting to enter and those who are still looking for information and happen to meet people who don't like Bitcoin. those who have experienced how Bitcoin grows will not be easily affected by bad news. they know the potential of Bitcoin and that it will continue to grow in the long term in the future.

for those who says that bitcoin will die or will be gone in time are those who wanted to have a big chance of buying more chunks of bitcoin when the market falls badly and this is their advantages.
bitcoin is here to stay though we do not know how much it will grow in the long years but at least in our lifetime it will stay like what we did in the past 14 years.

Many coins have appeared, and many projects have emerged which are always said to be going to beat Bitcoin, but none of them have succeeded in realizing what they say, in fact they only copy-paste what Bitcoin has done and still fail to beat Bitcoin, let alone beat even close to Bitcoin they can't.
Bitcoin is the leader at the moment and there is no doubt about that, even though many countries are trying to make it regulated they cannot stop its development, it's just that more people consider it an investment rather than a means of payment.

I have seen many reasons why Bitcoin will continue to surviving in the crypto industry, because it has been leading among other cryptocurrencies to make many investors to know that there are strong team behind Bitcoin, to ensure it survive in any conditions. when lockdown came during pandemic some years ago, many people thought Bitcoin will not going to survive in that situation in the world, because it was affecting Centralized currency to reduce the value but Bitcoin value was increasing massively through out the pandemic to prove to the world that Bitcoin will continue surviving as a decentralized currency. If you have the capital to invest in Bitcoin, I will advice you to invest in Bitcoin, because it will going to break into a new ATH that will make some countries to lift their banned from Bitcoin in their countries so that they can be part of the benefits of Bitcoin.

If you mean live longer than human, then I don't agree. That's an exaggeration. In the first place, the network is alive precisely because there are humans running it. Without humanity, without activity, the network dies. Bitcoin isn't oxygen or whatever it is that's completely independent from human beings. Bitcoin is dependent on humans. It functions because of human activities.

But let's not even go as far as that. Bitcoin will one day become obsolete. Bitcoin is not yet even in its perfect form. It's still in beta. Something better will always come. It may not be within the foreseeable future, but it will happen. Nothing stays forever.

I also don't want to be pessimistic and spread Fud but I agree with what you said , the days of freedom and censorship-resistance will soon end. The government probably won't be able to control the bitcoin network , but they will find a way to regulate and control all of our bitcoin investors. I have said that if we want bitcoin to become popular, it is inevitable that we will be regulated. Many people are too subjective and think that the government will not be able to do anything to us and we will become free with bitcoin, they underestimated the government and now look at what the government is doing. We still live in a world where the government is the manager and controller of everything and finding ways to fight them has never brought us any good results.


I am confident that bitcoin will be the asset that receives the most attention this decade or century, but that doesn't mean it will last forever or that nothing superior will be created . Many people are crazy about bitcoin to the point of denying reality, but I prefer reality , and as long as the world doesn't stop, it's only a matter of time before new , superior technologies are created. But that won't happen anytime soon and we don't need to worry too much about it, let's enjoy the present and our present is bitcoin . The more bitcoins we accumulate, the better our lives will be, which is what we should focus on.