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hero member
Activity: 798
Merit: 500
July 20, 2016, 07:59:07 PM
Currently i don't think that Bitcoin is going to die, because it's having the price rising and also the community using this currency is growing up daily as well, so we expect great future for Bitcoin.
That's right that things is enough for bitcoin to continue growing and not to die.
If you ask me, bitcoin will going to die if no one will use it and all miners will shutdown their mining hardware and if that happens for sure it's the end of bitcoin Sad.
From some reason and i can make an expectation if bitcoin will not to die on this period and maybe for next time too, but bitocin will not instantly will going to die, if no want will use it. it's will take a time for bitcoin to going die and i think  that's will not happen on this period.

No one will leave to work with bitcoin and so with that bitcoin will not die, people are joining the community of bitcoin because they need money and bitcoin is helping them in that case and will never disappoint its users so people will also not leave it and will continue with it from generation to generation.
legendary
Activity: 1862
Merit: 1505
July 20, 2016, 07:17:43 PM
Not anytime in at least our lifetime. See, bitcoin has the potential to beat gold and become a great asset of the world. Bank, savings, wallet, security, freedom, all in one bitcoin wallet.
hero member
Activity: 756
Merit: 501
July 20, 2016, 06:47:34 PM
Bitcoin has faced already big problems when it showed off, nowadays some media keep trying to kill ir or hidden it from people but without sucess till the moment. So i believe bitcoin wont die never and will become another payment processor as currencie on the medium time, maybe on the next 15 years bitcoin will achieve those.
legendary
Activity: 1036
Merit: 1002
July 20, 2016, 06:39:40 PM
Bitcoin is not going to die anymore, if without big trafedy will happen like world war. Because i think the main goal of bitcoin will become currency and if that will happen the price of this coin will be stable. So i think bitcoin is not going to die. And the only reason bitcoin will die is only world war that effect too much in many people. Because in world war many people didnt think for money. People live for their own.
hero member
Activity: 966
Merit: 517
July 20, 2016, 06:33:46 PM
Time will show how long Bitcoins survive but my guess is not more than 3 years......please challenge that statement with serious arguments.
3 years is very short. If your statement holds true it will be at least 6 years. It took Bitcoin several years to get to the rise. An alt coin would have to experience the same rise with the same amount of time.

I doubt bitcoin will die this decade.

I dont think bitcoin is going to die in this century.Bitcoin is only going to grow and people who are holding lots of bitcoins should start spending bitcoin for bitcoin to grow rapidly,Bitcoin can only die if it is stopped being spent

Yeah, there is no any thread to bitcoin in this century as a lot of people are going to benefit from this currency and all of them who are getting benefit from this currency will support this currency to become an established currency.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
July 20, 2016, 05:55:49 PM
Time will show how long Bitcoins survive but my guess is not more than 3 years......please challenge that statement with serious arguments.
3 years is very short. If your statement holds true it will be at least 6 years. It took Bitcoin several years to get to the rise. An alt coin would have to experience the same rise with the same amount of time.

I doubt bitcoin will die this decade.

I dont think bitcoin is going to die in this century.Bitcoin is only going to grow and people who are holding lots of bitcoins should start spending bitcoin for bitcoin to grow rapidly,Bitcoin can only die if it is stopped being spent
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
July 20, 2016, 05:17:03 PM
No, bitcoin isn't going to die. It's innovation virtual currency and once people has put money in bitcoin, I think it won't die, it's simply similar this question: When is money going to die.

People are using bitcoin, it's growing, now many services accept this payment system and why will it die, but no one can tell absolutely what will be in the future.
full member
Activity: 210
Merit: 100
July 20, 2016, 05:13:18 PM
Currently i don't think that Bitcoin is going to die, because it's having the price rising and also the community using this currency is growing up daily as well, so we expect great future for Bitcoin.
That's right that things is enough for bitcoin to continue growing and not to die.
If you ask me, bitcoin will going to die if no one will use it and all miners will shutdown their mining hardware and if that happens for sure it's the end of bitcoin Sad.
From some reason and i can make an expectation if bitcoin will not to die on this period and maybe for next time too, but bitocin will not instantly will going to die, if no want will use it. it's will take a time for bitcoin to going die and i think  that's will not happen on this period.
yes i am also agree with you that bitcoin is not going to die. i think it will remain alive and will continue to give us good opportunities of making money. i am hopeful that in future bitcoin will become more stable.
hero member
Activity: 728
Merit: 501
io.ezystayz.com
July 20, 2016, 03:48:20 PM
IMO I think it will die not because of the users, but probably if the miners forfeit mining.

You realize that mining difficulty will adjust downwards if many miners stopped mining, resulting in the remaining miners starting to profit again.

Even when there are no more block rewards there will always be mining as long as users keep making transactions with non-zero transaction fees.
There are so many people out there that do not understand the reason for the cap fo Bitcoin being at 2.15 million (not sure if that is correct).  The cap is there because the developers have already anticipated the lifespan of Bitcoin know by placing a cap on the project, they will ensure the life of Bitcoin for some time to come.  I did not know that if miners stop the difficulty will go down?  That does not add up to me though.  Please explain further on that.
hero member
Activity: 1022
Merit: 521
July 20, 2016, 03:44:15 PM
Realistically, Bitcoin will never die.
Why?
Because all this Bitcoins can't just disappear and always someone will use it, regardless of the current value.
Of course, in the future somebody can create better virtual currency or value of Bitcoin can drastically fall but still people will trade with Bitcoin, only in much smaller numbers.
I don't think that such worse case scenario will ever happen.

and about more than 75% bitcoins have already mined, the technology will be more advanced in the coming future then it will not need any more miners, and they will manage for some advanced system for mining the remaining bitcoins or the developers will hire people for thay as a company do for their business. if the miners of taday do not want to not mine any more.
hero member
Activity: 644
Merit: 500
July 20, 2016, 03:38:59 PM
Currently i don't think that Bitcoin is going to die, because it's having the price rising and also the community using this currency is growing up daily as well, so we expect great future for Bitcoin.
That's right that things is enough for bitcoin to continue growing and not to die.
If you ask me, bitcoin will going to die if no one will use it and all miners will shutdown their mining hardware and if that happens for sure it's the end of bitcoin Sad.

But that will not happen bitcoin will not die till the end of the world. as people are viewing a better profit in there and they will not want to lose that profit so they will support bitcoin and so bitcoin will find its way to success through them
member
Activity: 109
Merit: 10
July 20, 2016, 03:16:20 PM
I think bitcoin will not die for atleast 10-20 years but i hope it never dies and it stays forever.

As long as the bitcoin is developed properly and does not become centralised, it might live very long.
full member
Activity: 126
Merit: 100
July 20, 2016, 02:30:28 PM
why do you say this you not trust bitcoin friend
i think during the bitcoin community is great and many are in need of buying and selling bitcoin never die
must necessarily be in tunjang the miner who continue to work to mine bitcoin
because without that continue to mine miner TX in bitcoin transactions will not work is maximal
full member
Activity: 154
Merit: 100
July 20, 2016, 02:25:18 PM
I think bitcoin will not die for atleast 10-20 years but i hope it never dies and it stays forever.
newbie
Activity: 30
Merit: 0
July 20, 2016, 02:22:58 PM
IMO I think it will die not because of the users, but probably if the miners forfeit mining.

You realize that mining difficulty will adjust downwards if many miners stopped mining, resulting in the remaining miners starting to profit again.

Even when there are no more block rewards there will always be mining as long as users keep making transactions with non-zero transaction fees.

So far, after the halving, there is no noticeable difficulty drop. It means the S9 is replacing old miners.
hero member
Activity: 574
Merit: 500
July 09, 2016, 09:33:38 AM
IMO I think it will die not because of the users, but probably if the miners forfeit mining.

You realize that mining difficulty will adjust downwards if many miners stopped mining, resulting in the remaining miners starting to profit again.

Even when there are no more block rewards there will always be mining as long as users keep making transactions with non-zero transaction fees.
yeah that's why i wonder about bitcoin rising.
If the mining diff will go down,and more and more people will know about btc so they would need to buy more but the amount of them will not rise so fast.
Rise till the end of world?
donator
Activity: 1617
Merit: 1012
July 09, 2016, 08:49:18 AM
IMO I think it will die not because of the users, but probably if the miners forfeit mining.

You realize that mining difficulty will adjust downwards if many miners stopped mining, resulting in the remaining miners starting to profit again.

Even when there are no more block rewards there will always be mining as long as users keep making transactions with non-zero transaction fees.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
July 09, 2016, 08:41:41 AM
Currently i don't think that Bitcoin is going to die, because it's having the price rising and also the community using this currency is growing up daily as well, so we expect great future for Bitcoin.
That's right that things is enough for bitcoin to continue growing and not to die.
If you ask me, bitcoin will going to die if no one will use it and all miners will shutdown their mining hardware and if that happens for sure it's the end of bitcoin Sad.
From some reason and i can make an expectation if bitcoin will not to die on this period and maybe for next time too, but bitocin will not instantly will going to die, if no want will use it. it's will take a time for bitcoin to going die and i think  that's will not happen on this period.
legendary
Activity: 3374
Merit: 1824
July 09, 2016, 06:26:19 AM
Realistically, Bitcoin will never die.
Why?
Because all this Bitcoins can't just disappear and always someone will use it, regardless of the current value.
Of course, in the future somebody can create better virtual currency or value of Bitcoin can drastically fall but still people will trade with Bitcoin, only in much smaller numbers.
I don't think that such worse case scenario will ever happen.
full member
Activity: 196
Merit: 100
July 09, 2016, 06:14:38 AM
Mining is profitable, therefore no one would mine. If some people think it's not profitable, the difficulty will drop, and some other people in some other place with a better ratio of electricity/cost will take advantage of the decreased difficulty to start a mining business... Bitcoin network will always adapt, it's a free market.

No other coin is anywhere near being competition to Bitcoin, so sit down and wait because it's not going to die anytime soon.
excellent very good. that is what i want to say. bitcoin is not going to die. it will continue and will maintain its status. i think still more and more people are joining the signature campaign and they are investing their money in bitcoin.
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