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Topic: Bitcoin won't live to see the next 10 years (Read 2941 times)

sr. member
Activity: 1162
Merit: 251
August 29, 2018, 02:36:14 AM
How can you be sure if bitcoin will never exists anymore in the next 10 years? Remember that bitcoin has already spread throughout the world like a virus, bringing good news and uplifting the economic growth of those countries who had embraced the said technology.
I think it is just their speculation, he is free to argue like that but what he said was different from reality. you're right bitcoin is increasingly spreading and getting popular and that is the key to the development and life of bitcoin, from that we believe that bitcoin will continue to survive
full member
Activity: 476
Merit: 101
www.daxico.com
If that is the case, then the prediction of crypto experts are wrong that bitcoin will have its highest market cap and price in the next 10 years. But anyway, nobody really knows exactly what lies ahead in the next 10 years but if we base the situation today going through the next 10 years, all i can say is that bitcoin will still reign in the cryptoworld.
sr. member
Activity: 728
Merit: 250
Many people have said something similar in the past and yet it has not happened, if it was that easy to replace bitcoin then it should have happened already don't you think? The fact that it has not happened tells me that it is probably never going to happen, and in my opinion that is a good thing.
member
Activity: 238
Merit: 10
It's a big yes for me with the increasing popularity of bitcoin this will become the expensive digital assets in the cryptocurrency. Although the purpose of being a currency for digital payments will not materialize due to some issues against the transactions time and volatile price but being a storage assets will be the main target of those investors that they keep holding their bitcoin for the future.     
full member
Activity: 420
Merit: 100
I don't think that is true and there will be no one who will know how to develop the price of bitcoin, but all you have to remember is that the more the year, technology will grow and many will use digital currencies like bitcoin.
sr. member
Activity: 1190
Merit: 250
If this year bitcoin prices can't reach at least $ 10,000 then I'm sure that in 2019 bitcoin prices will drop below $ 1000, and I agree that in 10 years we can't see bitcoin anymore because it's useless.
member
Activity: 276
Merit: 10
W12 – Blockchain protocol
How can you be sure if bitcoin will never exists anymore in the next 10 years? Remember that bitcoin has already spread throughout the world like a virus, bringing good news and uplifting the economic growth of those countries who had embraced the said technology.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
I think it's uncertain because none of this will know bitcoin in the next 10 years or in the future still exists or not but you need to know that the future of digital technology will be created.
full member
Activity: 171
Merit: 100
Bitcoin will be alive and kicking for more years that we can even imagine  Cool
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Well it is hard to tell since bitcoin is unpredictable but I will be optimistic because being a negative has no good effect. I think bitcoin will last more than we could imagine because as long as the community is here bitcoin will not vanish. Besides, bitcoin is just starting and there's a lot of things we could might encounter so keep believing.
Many present doubts about the long term existence of bitcoin but I have never seen a person giving an argument of why they think it is going to disappear, even if bitcoin is banned that will only mean that bitcoin will be illegal and yet there are many things that are illegal and that do not disappear, besides I really doubt that bitcoin will be made illegal all over the world since bitcoin is not something that damages people, so many persons will begin to ask questions about why something like bitcoin is banned.
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
Well it is hard to tell since bitcoin is unpredictable but I will be optimistic because being a negative has no good effect. I think bitcoin will last more than we could imagine because as long as the community is here bitcoin will not vanish. Besides, bitcoin is just starting and there's a lot of things we could might encounter so keep believing.
sr. member
Activity: 2422
Merit: 357
It will last for more years because its still our lead crypto for this time. If people would keep on losing confidence about bitcoin , its existence will be limmited for a year or two. Words are so powerful it can take down the leader in just a short period of time.
sr. member
Activity: 1050
Merit: 251
Voted 'yes'. I presume Bitcoin will still be around in 10 years but probably won't be the leading coin in the world of cryptocurrencies anymore. It is getting outdated as you sort of mention in the OP and other, better performing altcoins are already emerging rapidly. BTC dominance in the total market capitalization is 49% nowadays, a huge drop compared to the 80 - 90% we've seen up until march this year.

We only know that prediction never exists which's accurate.
Of course bitcoin will be obsolete, but obsolete due to age.
 With the end of bitcoin, the effect will affect other currencies, namely Altcoin.
Altcoin's predicted to be obsolete too accompanying its obsolescence the bitcoin currency.
As we know, so far bitcoin has been the only pioneer or shield of all cryptocurrency defense which's spread in the market. What happens if bitcoin is obsolete?.....

Bitcoin will stay stronger and will dominate the entire cryptocurrency, and we need not to worry about what the future 10 years will bring forth. For my positive visions it will be infintely gathering more followers, and there will be no limits for it's capabilities. Bitcoin demand will continue to provide every people the opportunity to have their freedom for financial needs. The entire community depends with it, so always trust on bitcoin and keep a strong faith.
sr. member
Activity: 532
Merit: 255
Voted 'yes'. I presume Bitcoin will still be around in 10 years but probably won't be the leading coin in the world of cryptocurrencies anymore. It is getting outdated as you sort of mention in the OP and other, better performing altcoins are already emerging rapidly. BTC dominance in the total market capitalization is 49% nowadays, a huge drop compared to the 80 - 90% we've seen up until march this year.

We only know that prediction never exists which's accurate.
Of course bitcoin will be obsolete, but obsolete due to age.
 With the end of bitcoin, the effect will affect other currencies, namely Altcoin.
Altcoin's predicted to be obsolete too accompanying its obsolescence the bitcoin currency.
As we know, so far bitcoin has been the only pioneer or shield of all cryptocurrency defense which's spread in the market. What happens if bitcoin is obsolete?.....
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Quick Disclaimer:
1. I'm not here to support any shitcoin.
2. We're all gathered here because of bitcoin, so it's hard for me to see it fading way.

Bitcoin was designed not be fully anonymous since transactions were open permanently for the public to view.
Authorities and security agencies were able to trace the bitcoin owners based metadata and transaction pattern, history and so on.

Some developers understand this issue and they go ahead to create some new altcoins which they are fully anonymous by implementing new hashing algorithms on their very new altcoins such as Dash, Monero, Zcash and Zcoin.

So why the bitcoin "hard fork" instead of updating the original bitcoin core?
Forked coins like BitcoinCash & BitcoinGold are moving from ASICs to GPU mining for faster transactions, why not BTC?
Why not update bitcoin mining algorithm to Equihash (zk-snarks) like Zcash and the next upcoming Bitcoin Gold BTG? 

Instead of updating the original bitcoin core to have more secure and fast transactions with lower xt fee, yet making hard forks!
I think hard forks will soon kill the original bitcoin.
 
What do you think, huh? Share with us what you think. thanks Smiley
Time has passed and the prediction has turn out to be not true as many people speculated, those forks have not merit and are just a bunch of copies trying to make money out of the bitcoin name and nothing more, if those developers want to make a name for themselves they will have to do it the hard way like satoshi did it, so lets make this clear no fork of bitcoin is going to surpass the original.
full member
Activity: 854
Merit: 108
Quick Disclaimer:
1. I'm not here to support any shitcoin.
2. We're all gathered here because of bitcoin, so it's hard for me to see it fading way.

Bitcoin was designed not be fully anonymous since transactions were open permanently for the public to view.
Authorities and security agencies were able to trace the bitcoin owners based metadata and transaction pattern, history and so on.

Some developers understand this issue and they go ahead to create some new altcoins which they are fully anonymous by implementing new hashing algorithms on their very new altcoins such as Dash, Monero, Zcash and Zcoin.

So why the bitcoin "hard fork" instead of updating the original bitcoin core?
Forked coins like BitcoinCash & BitcoinGold are moving from ASICs to GPU mining for faster transactions, why not BTC?
Why not update bitcoin mining algorithm to Equihash (zk-snarks) like Zcash and the next upcoming Bitcoin Gold BTG?  

Instead of updating the original bitcoin core to have more secure and fast transactions with lower xt fee, yet making hard forks!
I think hard forks will soon kill the original bitcoin.
 
What do you think, huh? Share with us what you think. thanks Smiley

Indeed, there are lot of development for these Alcoins that may affect Bitcoin transactions but the question is that in spite of the progress with these altcoins then why the people still choose to invest Bitcoin than these Altcoins? as we continue to see in the market the huge price and performance gap against these Altcoins. For me, Bitcoin will still exist after 10 years specially that these altcoins are also much affected than Bitcoin during this bearish market. That is why i voted yes too.
full member
Activity: 171
Merit: 100
Ten years may indeed be less than that, but the BTC should not die within five years. The BTC may experience two more drops in production.



Why do you think it will be two drops?
member
Activity: 162
Merit: 10
Ten years may indeed be less than that, but the BTC should not die within five years. The BTC may experience two more drops in production.

full member
Activity: 171
Merit: 100
I believe that the world changes very quickly in 10 years, so maybe the bitcoin no longer exists. However, I think the blockchain technology continues to grow strongly, and will become a part of our lives, just like the internet.

In 10 years bitcoin will be worth not less than $100k, that's for sure  Cool
newbie
Activity: 96
Merit: 0
I believe that the world changes very quickly in 10 years, so maybe the bitcoin no longer exists. However, I think the blockchain technology continues to grow strongly, and will become a part of our lives, just like the internet.
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