BITCOIN WILL NOT IT SURVIVE THE NEXT 5 YEARS???

OVINED

newbie

Activity: 9

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Quote from: Mike Mayor on October 12, 2017, 08:58:06 PM

Oh look a new account making a shit post. Wow. Did you think before making this thread? If you feel this way please leave we don't want none believers. Don't use your nonesense in us noone will listen. Bitcoin will not die anytime soon I'll bet my entire Bitcoin savings on that. Bitcoin will be worth so much in 5 years that only an idiot would sell now. $5400 is the price right now and you still complaining. Tell me something, are you even making money? Why should we listen to anything you say?

Uh uh... Whereas I may be a newbie on BITCOIN talk but I'm not on BITCOIN itself. If you read carefully through all the post and comments, you will understand my view, "bitcoin survival as the premier Crypto", BTC is almost $6,000 tonight and it's a beautiful adventure and profit for us holders.

Mike Mayor

hero member

Activity: 966

Merit: 535

Oh look a new account making a shit post. Wow. Did you think before making this thread? If you feel this way please leave we don't want none believers. Don't use your nonesense in us noone will listen. Bitcoin will not die anytime soon I'll bet my entire Bitcoin savings on that. Bitcoin will be worth so much in 5 years that only an idiot would sell now. $5400 is the price right now and you still complaining. Tell me something, are you even making money? Why should we listen to anything you say?

de_xt

hero member

Activity: 602

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Account hacked from Oct 11th to Nov 1st 2017

In the next few years, will be better coins than Bitcoin and take Bitcoin's place. This could be a few years, five years, maybe ten years. But Bitcoin will not be forgotten that for digital money is a first. Bitcoin can continue as a altcoin may be.

peter0425

sr. member

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Quote from: OVINED on October 12, 2017, 01:09:09 PM

The current surge in BTC price is contrary to most market policy as the rise is hinged on a massive FOMO (Fear of missing out).

With increase in transaction fees and delay in confirmation alongside aggressive forks... I fear the survival of BITCOIN as the premier cryptocurrency in the next 5 years...

What is your view on this???

My view is that it will survived in the next 5 years or even more because as what you have said, its based on FOMO. It will continue to awake and aroused the excitement of the masses to go to and try bitcoin trading or investing. I don't see delay in confirmation time today the mempool recently has not been clogged and if you are going to compare transaction fees against Western Union or Paypal its still quite cheap for me.

Quote from: xskl0 on October 12, 2017, 02:06:16 PM

Bitcoin is the king of cryptocurrencies, expect >500.000$/BTC in the next years

This is what I want to see, aggressive and very bullish about the market. Bitcoin will remain the #1 crypto in the market in the next 5 years or so, I'm expecting that the price could go higher every year. We have reach 400% increased, so its possible that it can touch $10,000 or more. You just have to wait and see.

btccashacc

legendary

Activity: 1120

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Quote from: OVINED on October 12, 2017, 01:09:09 PM

The current surge in BTC price is contrary to most market policy as the rise is hinged on a massive FOMO (Fear of missing out).

With increase in transaction fees and delay in confirmation alongside aggressive forks... I fear the survival of BITCOIN as the premier cryptocurrency in the next 5 years...

What is your view on this???

Yes it will not survive, as a currency bitcoin isn't suited for daily usage due to higher transaction fee and long confirmation and people always looking for the cheaper and faster crypto, sooner or later bitcoin lose it's existance as payment gateway but don't forget bitcoin is also an investment tool which better than other coins and people will invest on it no matter the fee is and how long the confirmation takes, just my thought.

kriptotr

full member

Activity: 249

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Quote from: OVINED on October 12, 2017, 01:09:09 PM

The current surge in BTC price is contrary to most market policy as the rise is hinged on a massive FOMO (Fear of missing out).

With increase in transaction fees and delay in confirmation alongside aggressive forks... I fear the survival of BITCOIN as the premier cryptocurrency in the next 5 years...

What is your view on this???

Bitcoin doesn't have be applied for practical usage. It can be only an investment instrument on the financial markets and exchanges, this way it doesn't have problem. The sustainability won't be affected by the problems about the daily usage of bitcoin.

MMA

legendary

Activity: 1134

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Quote from: DiggerMan on October 12, 2017, 04:52:07 PM

my opinion, BTC will survive more then we thought. Why... It is independent and non traceable, and don't need bank to make transaction. Undecided

I think it will survive but the reason you have mentioned is that but i think this is the tread for bit con to accept by governments because bit coin can be used for money laundering through the corrupt politicians and officers and businessmen who are using tax aversion can use bit coin for to make their money white. So to make its survival for next centuries it should be assure to make its dealing transparent.

lilRoy07

full member

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I am cashing out of bitcoin end of 2020,

doesn't matter what the price is.

Bitcoin isn't life and death.

SvenBomvolen

hero member

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Merit: 500

People used to afraid of new things and they are skeptical about it's future. The same was when automobiles just appeared. The same story is happening with Bitcoin. I think in sooner time people will realize all advantages of Bitcoin and legalization and regulation will catch the whole world. In the future Bitcoin will be such usual thing of our daily life just like paper money.

OVINED

newbie

Activity: 9

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Well whereas the forks affect price positively for holders who make gains. I doubt that continuous forks will be a good thing for the survival of BTC as the premier cryptocurrency

illyiller

hero member

Activity: 697

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Quote from: OVINED on October 12, 2017, 01:09:09 PM

The current surge in BTC price is contrary to most market policy as the rise is hinged on a massive FOMO (Fear of missing out).

With increase in transaction fees and delay in confirmation alongside aggressive forks... I fear the survival of BITCOIN as the premier cryptocurrency in the next 5 years...

What is your view on this???

It's difficult to predict the market's reaction to the Segwit2x fork threat. For example, we saw the bottom (after a month-long correction) before the BIP148 fork threat on July 15th -- two weeks before the fork was set to occur. We are still 5 weeks or more away from the potential fork in November, so it's possible that a similar scenario could play out.

As for transaction fees, they have gone down considerably from the height of the spam attacks, and Segwit transactions are significantly cheaper. Many wallet providers now offer Segwit, so everyone can take advantage of the lower fees. And the Lightning desktop app is now available for testing: https://twitter.com/lightning/status/918564167778369537

LN can considerably lower fees...

DiggerMan

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Erotic Industry on the Blockchain! RachelX

my opinion, BTC will survive more then we thought. Why... It is independent and non traceable, and don't need bank to make transaction. Undecided

Gameroid

hero member

Activity: 798

Merit: 501

Quote from: handsum242 on October 12, 2017, 03:21:27 PM

Bitcoin has the name and biggest share in crypto market, but it needs to keep developing or other coin will surpass it.

Yes that is right to say that other altcoin can replace bitcoin no doubt but i think that it is not such an easy take. i think it will require a great effort for that, because in current time i do not think that there is any other currency which have the power to replace bitcoin, because the users of bitcoin are increasing from time to time and which is making bitcoin more powerful.

whyrqa

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Quote from: pealr12 on October 12, 2017, 03:45:34 PM

Bitcoin maybe one of the most infuencial on the entire planet after 5 years. Bitcoin could hit 20 to $30k as speculators and businessman says. Bitcoin can development much more great things after years that will passed that will allow every single person in this world will use bitcoin in thier eveyday life.

you're just talking about $ 20 or $ 30, or in general about the thousands that Bitcoin can have?

pealr12

hero member

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Bitcoin maybe one of the most infuencial on the entire planet after 5 years. Bitcoin could hit 20 to $30k as speculators and businessman says. Bitcoin can development much more great things after years that will passed that will allow every single person in this world will use bitcoin in thier eveyday life.

omitusaf

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I am of the firm opinion that bitcoin is overcoming and will eventually overcome the world's financial markets. Everything happening around bitcoin and other Cryptos are boiling down to a single point -- the world adoption of them as means of exchange. Very soon the world will have a single currency -- bitcoin.

dreamer81

sr. member

Activity: 616

Merit: 252

watch and learn my friend. Bitcoin is only in the beginning of it's growth story. Sure it can fall back to $4500, but there is a much higher chance that it will hit $10k next.

buy and hodl...... I learned it the hard way. I had over 25 bitcoins, and sold them around $700

RautK

jr. member

Activity: 33

Merit: 1

I don't bitcoin is going to die at all...It will evolve if the circumstances force it to..
But we need a strong community that won't abandon the philosophy of a decentralized global currency when another China happens...

With more and more governments passing resolutions or planning to I think the future is secure but then again the community ... you know.. and moon is just the first stop..

Terry05

full member

Activity: 140

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In my own view, I think bitcoin will survive longer time and continually recognize by other country. We have seen that the price of the bitcoin is increasing and recovering after last month down fall. I am sure that the price will spike again into another higher price and it will gain more popularity in other part of the world.

handsum242

member

Activity: 67

Merit: 10

Bitcoin has the name and biggest share in crypto market, but it needs to keep developing or other coin will surpass it.

Topic: BITCOIN WILL NOT IT SURVIVE THE NEXT 5 YEARS??? (Read 549 times)