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peta4e

hero member

Activity: 672

Merit: 500

Quote from: socks435 on October 12, 2016, 01:45:06 PM

I believe that bitcoin will not die so i can give the right date when bitcoin will die..
Many store right now are accepting bitcoin as payment and i think more adoption will come that can be bitcoin strong.. to live long in the future.

That's true bitcoin is growing now and we can expect the same in coming years too, so I don't think that bitcoin will die easily as the journey has just started and still it has to go a long way.

bitcoinvestor

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Quote from: BitcoinSupremo on March 26, 2016, 06:45:30 AM

Why bitcoin isn't going to die? Because many persons have invested millions and the darkweb is more vivid than ever nowadays with dark markets popping out almost everyday, number of BTC transactions there is increasing everyday, so no Bitcoin isn't going to die in at least 10-20 years but for me it will never die.

Die or not depend on the bitcoin users. as long as there are miner who operates bitcoin will not die.

socks435

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Privacy is always important

I believe that bitcoin will not die so i can give the right date when bitcoin will die..
Many store right now are accepting bitcoin as payment and i think more adoption will come that can be bitcoin strong.. to live long in the future.

serjent05

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Quote from: Hugroll on October 12, 2016, 12:12:58 PM

mining is not going to be profitable in another 4 years so thats going to bring up the question "why mine if you dont make money" and no miners meaning bitcoin will fall apart. i guess we will have to wait another 4 years to find out.

Well, this can be a concern, that miners won't be profitable in another four years if the current price of bitcoin does not increase. You shouldn't be concern about stuff like these which is four years ahead of your time because technology is improving. It is possible that before that time, the manufacturer can produce an energy efficient miner that can hash lots of petahash with just the power needed for one terrahash miner today. If you travel back in time, the hash today if being produced four years ago will make bitcoin mining less profitable.

Sunflower1992

newbie

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i don't think that it will die anytime soon. Undecided

Hugroll

hero member

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mining is not going to be profitable in another 4 years so thats going to bring up the question "why mine if you dont make money" and no miners meaning bitcoin will fall apart. i guess we will have to wait another 4 years to find out.

subhiii

member

Activity: 116

Merit: 10

Well if what you've said is right then the price of bitcoin could raise because with a few miners is equal to low quantity but the demand of bitcoin is getting higher and higher. And bitcoin isn't known very well by most people so it's death will be unsure in the near future.

danherbias07

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Quote from: elDano on October 12, 2016, 10:31:25 AM

It is impossible to know when the Bitcoin is going to die because we cannot look in to the future and at the moment I cannot see any signs of it maybe happening.
I hope that Bitcoin is going to be around for some time because it is perfect for extra money.

Yeah and there are still a lot to be mined. Halving will occur again also and the number of rewards in mining bitcoin will be lessen so it will really take a long time before it dies. Losing its value doesnt say it is dead. It is still there just got a little value.

elDano

sr. member

Activity: 256

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It is impossible to know when the Bitcoin is going to die because we cannot look in to the future and at the moment I cannot see any signs of it maybe happening.
I hope that Bitcoin is going to be around for some time because it is perfect for extra money.

Noctis Connor

hero member

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Quote from: Hide_ip112 on August 31, 2016, 08:35:33 AM

Quote from: Noctis Connor on August 31, 2016, 08:33:14 AM

Quote from: Dadabong on August 31, 2016, 05:34:14 AM

Bitcoin is not going to die, more and more people are using bitcoin nowadays, some of the government also already prepare to accept bitcoin payment

Yeah bitcoin are not going to die , because lots of investors are they turning their money into bitcoin currency because they think that they can easily grow their money with bitcoin people nowadays are using bitcoin so that they can easily do some gambling activities where they can also do trade

It may well be true, but it also depends on circumstances that will occur in the future. If the bitcoin still give something positive, then the bitcoin will not be abandoned (dead) and if it does not give something bitcoin a positive thing. Then I'm sure bitcoin will be left and will surely die. So it depends on the conditions and situations

Depends on circumstances ? you mean the demand? if the bitcoin still demand on the future bitcoin will still alive? is that what you meant ? well for me bitcoin will never be abandoned if we are using it everyday and don't be sure that bitcoin will be die be positive one if you want to use it for long time Tongue

maybe try to be positive now.

Xenophoto

hero member

Activity: 826

Merit: 502

We are the reason why is Bitcoin alive and running well today. We can also be the reason for it to die. If we stop supporting Bitcoins, it will die eventually. But in reality, there is no reason for us to do that. As long as we are selling/buying and consuming stuffs, Bitcoin will be used. Fiat might reach an end someday because of the "cashless" idea that people has and the government abusing the power of money, but I don't think Bitcoin will just be eliminated.

dearbesz1219

hero member

Activity: 924

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Quote from: Liad.Services on October 08, 2016, 03:10:40 AM

When people stops using it.

There is truthfulness in your statement, but I don't think people will stop using bitcoin especially for the bitcoin enthusiast I doubt that they will stop using it. Now that i know the advantage and benefits of it. Well I don't think so. Cheesy

dearbesz1219

hero member

Activity: 924

Merit: 500

Nobody or no one knows when it will going to be happen. And I know most of the bitcoin enthusiast is not thinking about in that matter. Instead, the believers of bitcoin became more aggressive including myself that bitcoin will help more many people in the near future to come.

Liad.Services

full member

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When people stops using it.

piloder

legendary

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I will say never, it will never gonna die. The big community behind bitcoin supporting bitcoin strongly even in large price dumps and attacks. Bitcoin will live forever with being even advanced than what it is now.

Zadicar

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Quote from: lol3c on October 08, 2016, 02:52:10 AM

Quote from: madwica on October 07, 2016, 11:47:54 PM

Quote from: hendra147 on October 07, 2016, 10:11:48 PM

Quote from: Patatas on October 07, 2016, 08:50:24 PM

Quote from: hendra147 on October 07, 2016, 08:36:34 PM

when all miner stoping his mining hardware due not profitable anymore because the POW is ended, and no people interesting to stake it.. Undecided

1.Why would miners stop mining ?
2.People are waiting in a long que to take their places if given an opportunity!
3.The difficulty will increase eventually but there will always a group of miners who would still manage to taste the cherry on the cake!
4.Argument is invalid,bitcoins live forever!

this case will be happen if miner not have chance to take ROI in more than 2year, or maybe the electric fee higher than mining reward, if you are home mining, you will know the hard to calculate each cost of mining.

I do not think it will die, there are more big mining site of bitcoin and there are also individual start to mine bitcoin then the supply of bitcoin are never stop and the investor need to promote this coin to be more popular to increase their income and not only the investor all users need to promote bitcoin to be more stronger in the future.

I agree with you. There is no ways that bitcoin will die. It affect the world and the people so much in various way. People currently use bitcoin for many purposes all over the world, including third world countries. And, as long as the network still alive, nobody can stop bitcoin from being more and more useful.

Agree, even though all things dont last forever but i would assume that bitcoin would last long enough because there are really lots of users and holders of it which means it wont die easily, as you said if the network is still alive bitcoin wont easily die but if people all dump its coins then thats the time of the end of bitcoin.

lol3c

hero member

Activity: 518

Merit: 500

Quote from: madwica on October 07, 2016, 11:47:54 PM

Quote from: hendra147 on October 07, 2016, 10:11:48 PM

Quote from: Patatas on October 07, 2016, 08:50:24 PM

Quote from: hendra147 on October 07, 2016, 08:36:34 PM

when all miner stoping his mining hardware due not profitable anymore because the POW is ended, and no people interesting to stake it.. Undecided

1.Why would miners stop mining ?
2.People are waiting in a long que to take their places if given an opportunity!
3.The difficulty will increase eventually but there will always a group of miners who would still manage to taste the cherry on the cake!
4.Argument is invalid,bitcoins live forever!

this case will be happen if miner not have chance to take ROI in more than 2year, or maybe the electric fee higher than mining reward, if you are home mining, you will know the hard to calculate each cost of mining.

I do not think it will die, there are more big mining site of bitcoin and there are also individual start to mine bitcoin then the supply of bitcoin are never stop and the investor need to promote this coin to be more popular to increase their income and not only the investor all users need to promote bitcoin to be more stronger in the future.

I agree with you. There is no ways that bitcoin will die. It affect the world and the people so much in various way. People currently use bitcoin for many purposes all over the world, including third world countries. And, as long as the network still alive, nobody can stop bitcoin from being more and more useful.

bL4nkcode

copper member

Activity: 2142

Merit: 1305

Limited in number. Limitless in potential.

There's no valid reason that bitcoin will die, because it will adapt even the newest technology developed by people.

And for those who said that bitcoin will take place by other alts, well its not.

And bitcoin only will die if no one use it period.

akosipepot

sr. member

Activity: 377

Merit: 252

I think bitcoin will die only if all server on all over the world will shutdown and no communication at all.I think that time will bitcoin will disappear instantly but as long all computer server is up there no need to worry bitcoin will survive and became strong.

crossabdd

legendary

Activity: 1316

Merit: 1145

i think bitcoin will be long life, will be survive, until new highest technology of cryptocurrency replace it.
but the decentralization will make no people can force to leave bitcoin, and maybe bitcoin will be never die.

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