BITCOIN WILL NOT IT SURVIVE THE NEXT 5 YEARS??? - page 2.

FrankNoland

copper member

Activity: 560

Merit: 253

Quote from: OVINED on October 12, 2017, 12:09:09 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???

Have you been reading about the speculations that bitcoin has the potential of reaching $100 000 in the next 10 years. I also believe in the speculations since I have already seen it with my naked eyes, the value of bitcoin this year has been increasing than any other coin, and I believe you know that. What you are saying cannot be true, bitcoin will always be the superior coin.

WinVery.com

full member

Activity: 235

Merit: 100

Bitcoin will be at a much higher price in 5 years.

hitrawal91

full member

Activity: 462

Merit: 101

BitcoinSN - The Real Bitcoin!!!

I am pretty much sure that bitcoin is sure to survive more than next 5 yrs. And it is the bitcoin value and demand and other fundamental factors that will decide whether bitcoin will survive for next coming 5 years or not and not the Bitcoin price only. Right now it is trading at record high price of $5400 and i am sure that Bitcoin will grow bigger for every one year, no matter who bans it or who use it, because if people continue to exchange bitcoins directly then we are sure to save a big amount of dollars in the exchange of BTC for Fiat and other currencies.

xskl0

sr. member

Activity: 378

Merit: 260

Bitcoin SV is Bitcoin

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

ninabobo

full member

Activity: 463

Merit: 100

Quote from: OVINED on October 12, 2017, 12:09:09 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???

you are too scared, or are you jealous because it does not have bitcoin when bitcoin is pumped ..
you make an opinion which surely will not people listen at all. because we all know what is at risk in the world of crypto investment.

FrueGreads

legendary

Activity: 1582

Merit: 1059

Well if your predictions were accurate, on the increasing fees part and slower transactions times, then you could be right, but the thing is that bitcoin development hasn't stagnated. The SegWit update (not the 2x thing, I'm talking abut the real update and not the "attack" on bitcoin) made a lot of things possible, like the Lighting network that is not yet implemented. When that gets done, all those problems that you are talking about will cease to exist, so your premonition can't really come true, because it stands on problems that have a solution, and are only temporary.

Also, about the forks, the bgold fork is not agressive, it will be just another "airdrop" like bcash was. It wont be harmful.
The SegWit2x might not even happen, F2Pool already withdraw it's support, and maybe more pools will follow.

djsugar

sr. member

Activity: 686

Merit: 262

Quote from: OVINED on October 12, 2017, 12:09:09 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???

Increase in transaction fees?
Your transactions today can easily happen with 0.0002 btc fees.
And you can easily transact paying 0.0001 btc and if that is alot for you then I don't know what low you want.

Aggressive forks?
Whatever appreciation you are looking in price of Bitcoin at present is all because of Bitcoin gold fork. People are increasingly buying Bitcoin to increase their holdings, for free BTG. Forks are being catalyst rather. The only issue is with Segwit 2x fork and it might not even take place. So, you shouldn't jump to the conclusion that Bitcoin won't survive in next 5 years.

andylowe

full member

Activity: 293

Merit: 100

Quote from: OVINED on October 12, 2017, 12:09:09 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???

No, I see bitcoin will survive more than 50 years. Nowadays, we are on a digital world. I have even heard about implanting microchip into ones body and all the bank accounts of that person are link to that microchip. Whenever he wants to biy something, he will just tap his wrist ( where the microchip was implanted ) and the payment will be transacted digitally. See the future of digital currency? I know it will continie to rise and it is unstoppable!

hordfly

newbie

Activity: 2

Merit: 0

I see it soon replacing fiat currency , by then everything is stable, not volatile ,

and as a deflationary currency I see it would jumpstart the economy, encourage spending

Lieldoryn

sr. member

Activity: 630

Merit: 272

Bitcoin will survive this is by far. If you are concerned about the price of transaction I think as the rising price of bitcoin, the percentage does not change. If users agree with each other and will exchange bitcoins directly then we will have the opportunity to save a large amount of money in the exchange of bitcoins for Fiat.

OVINED

newbie

Activity: 9

Merit: 0

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???

Topic: BITCOIN WILL NOT IT SURVIVE THE NEXT 5 YEARS??? - page 2. (Read 549 times)