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Topic: Bitcoin won't live to see the next 10 years - page 8. (Read 2953 times)

sr. member
Activity: 434
Merit: 250
Bitcoin will be live even after the century but it may come up with lots of regulation in different countries may it would be illegal in some country because in mean time each country will be having own crypto currency.
full member
Activity: 728
Merit: 101
Not a single coin can beat bitcoin, because he is the first one and the uniqueness of bitcoin is not in other coin coins. Trust me bitcoin will continue to be known to many people, just like the first time the internet was found.
full member
Activity: 826
Merit: 104
i voted !!yes!
i think bitcoin era just started and long way to go.
sr. member
Activity: 714
Merit: 252

I'm pretty sure there must be valid reason as why the bitcoin is not being shifted to gpu mining. This could be related to hashing power of the gpu and the block length of the transaction which is needed to be solved. The correlation could save such that gpu might not be capable of doing that load. That's why they are updating the ASIC miner instead, so that it could get easier to transact for us. But with the upgraded hardware comes the cost which is also incurred on us in the form of fees. So this is kind of descriptive why they wouldn't just upgrade the bitcoin to mine more easily and free of charges. It's all about money I believe.

full member
Activity: 140
Merit: 100
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This may very well be true. How many big companies have come and gone in history. Bitcoin is not exception. If something better comes along, it will naturally overtake BTC.
full member
Activity: 238
Merit: 112
Voted: yes
The last hardfork happened and people were like this is it for bitcoin, and what did bitcoin do? it went up in price. Moral of the story is: Bitcoin doesn't care

But what will happen before the 10 years ? Do you think the price will go high ? Or the the price will go down before the Bitcoin disappear ? I want to see Bitcoin in the next 10 years. But there is not much we can do if this will happen. I decided to invest half of my money each month, do you think it's wise ? Because I don't know if the price will go down or not.

If Bitcoin will go down in the next 10 years ? Then I invest to Bitcoin today, what will happen in the next 5 years ? Do you think we still get profit ?
hero member
Activity: 2184
Merit: 531
Voted: yes

The last hardfork happened and people were like this is it for bitcoin, and what did bitcoin do? it went up in price.

Moral of the story is: Bitcoin doesn't care

The honey badger of investments Cheesy

Bitcoin is kinda like online contract version of gold if we talk about supply/price over time.Bitcoin price is going up because buyers "purchase" it on exchanges and circle gonna to be more smaller for this coin.That's why predictions are so unreal and optimistic on other threads.
It's better than gold because it's finite. You never know when we find a way to excavate gold more efficiently or find a way to recover it from old electronics. Gold can be found on another planet or an asteroid that hits us somewhere in future. Bitcoin is limited and we know how much of it there's going to be.
copper member
Activity: 434
Merit: 278
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Bitcoin will not vanished it will not disappear, apparently some Altcoins are better than Bitcoin, however it is still the leading coins in the market in terms of using its flexibility and adaptation.

it could and may not ceased to exist after 10 years, but one thing is for sure Bitcoin will stay
hero member
Activity: 2912
Merit: 556
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i think its not about expiration date but its maybe for fixing bitcoin into better than before. because i am sure that there should be any of the fork again once in every few month like before and we know that this will happen again and again. i think bitcoin will stay more than 10 years because if we see the ages of bitcoin is almost 10 years from its beginning. and until now, bitcoin is always doing maintenance which is fork and another things to make sure bitcoin is ready to grow more than now.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
I do not think bitcoin will disappear while the internet can still be accessed. they prefer another coin because they want to profit from the coin. BTC will not be destroyed despite the creation of a hard fork.
member
Activity: 196
Merit: 10
Yes, as we can see in this fast changing world. Innovation is the key for businesses to survive. With bitcoin, multiple opprtunities arises. The only key here for longevity is for big companies to start adapting bitcoin.
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
Yes.I think I will see bitcoin the next 10years.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
Bitcoin is kinda like online contract version of gold if we talk about supply/price over time.Bitcoin price is going up because buyers "purchase" it on exchanges and circle gonna to be more smaller for this coin.That's why predictions are so unreal and optimistic on other threads.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Bitcoin is superior, and it's like a honey there's no expiration date. Other countries will adopt bitcoin and the price will go up eventually. This is the new Supremacy technology. How many times the government shut down Bitcoin? No one will ever kill bitcoin.

You can't say that Bitcoin has no expiry date. Any technology-related asset has an expiration date, although it is difficult to exactly predict when it will go out of business. The same is the case with Bitcoin as well. There is a chance that in the future it may lose the race to some of the altcoins or clones, or there is even a chance that a far better technology will replace the crypto-currency.
sr. member
Activity: 660
Merit: 250
Bitcoin is superior, and it's like a honey there's no expiration date. Other countries will adopt bitcoin and the price will go up eventually. This is the new Supremacy technology. How many times the government shut down Bitcoin? No one will ever kill bitcoin.
sr. member
Activity: 406
Merit: 254
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I'm not sure if bitcoin will last but of course I want to stay it forever not because I wanted it to be but it helps people in changing their life and their personality. I imagine my self in 10 years and l'm stay using bitcoin, I have big house , new car and a better life which I attain using bitcoin, there is no limit on dreaming if you have a dream make it possible and live with it.
full member
Activity: 413
Merit: 100
https://eloncity.io/
Voted: yes

The last hardfork happened and people were like this is it for bitcoin, and what did bitcoin do? it went up in price.

Moral of the story is: Bitcoin doesn't care

Bitcoin is a Honeybadger; 

You can FUD, cry and panic,,but it doesn't matter.

Bitcoin just doesn't give a fuck.
sr. member
Activity: 474
Merit: 285
Brave New World
Voted: yes

The last hardfork happened and people were like this is it for bitcoin, and what did bitcoin do? it went up in price.

Moral of the story is: Bitcoin doesn't care
hero member
Activity: 924
Merit: 506
I think we should go POS period Cheesy GPU mining is not good, right now anyone with the most hash rate is mining most of the coins anyways, in POS the same people with most of the coins earn more. in 10 years electricity consumption will overwhelm China which has the cheapest prices for electricity.
hero member
Activity: 1134
Merit: 517
These hard forks are just another stage in the growth maturity cycle of bitcoin. Bitcoin needs to be tested...each test it goes through and survives is one that gives it strength to be relevant longer.

There won't be an endless series of fork attempts, it will stop, Bitcoin and the community just needs to prove that Bitcoin is the strongest coin. AND it's ok for the currency to evolve to meet new demands.
I quite agree with your take, the Bitcoin we see today is far more resolute and resilient than the Bitcoin we knew couple of years back. It has actually been through a lot and the fact, it came out of it all more formidable have endeared it to many.

And yes, an end to hard fork of the network is not in sight, many more will happen, but what's good news is that Bitcoin core is unwilling to shift its grounds and it will always remain the one and only Bitcoin.
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