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Topic: Do you think bitcoins will disapear or become unused? - page 22. (Read 26815 times)

hero member
Activity: 672
Merit: 502
Its a technology and in time it might get replaced by a better one therefore it needs to be always improved so it always remains on top. My concern is the mining, it is getting to centralized, lets see what happens to it after the halving.
full member
Activity: 185
Merit: 100
https://BoostCrypto.com - Earn 250% in 200 Hours
In a long time it can disappear, as a tech, can become obsolete, or can become "bored", not more trendy, then yes disappear, but before become less used.
legendary
Activity: 1372
Merit: 1008
i dont think so...for me it will be a future money...
there is still alot of people dont know about bitcoin....im sure if they know and understand they will be use
there are many people who know about bitcoin but they were indifferent and uninterested. there are pros and cons
not all people like bitcoin
This inhibits the spread of bitcoin, of course,

This is true but I believe that as long as there is a good amount of demand for bitcoin
Like there is right now, bitcoin will keep on growing and evolving
bitcoin has spread to all arounds of the world, many countries
many people who have joined, each year the demand and members of bitcoin continue to grow, I think it is impossible to be unused
legendary
Activity: 854
Merit: 1000
I don't think bitcoins have a good futur. Not much people use them and there is no real use for these people. The problem is that the people that doesn't use it is the majority of the planet. And you, what do you think about this? Will bitcoins have a glorious future or a realy bad one?
Most people consider bitcoin as an alternative to fiat while both fiat and bitcoin can and should go hand in hand.Lets be honest,Bitcoin can not replace fiat completely so the number of people using bitcoin will always be less than numbers of people using fiat.But that doesn't mean bitcoin has gleamy future.Bitcoin will stay here for ever and grow in popularity and usage
sr. member
Activity: 270
Merit: 250
Its nearly impossible now for bitcoin to become unused until its value reached 0 whoch is not possible for anything in this world. Money value can go up and down so it has some value i can sell it and can buy candys this is the reason which creating demands in the market and demand and supply means its useful

We can buy things with bitcoin, so the bitcoin has value. We also can hold the bitcoin as it has value.
legendary
Activity: 2674
Merit: 1048
It depends how you define "use". If you define  "use" as a way of stroing your money, like gold today for example, than it will be used. But for everyday to day transactions in your grosser store or petrol station it might not be very useful due to 10 min or more, confirmation time.
a good answer, I think you have a good analysis, it bitcoin will not disappear, if it is used for investment or kept in storage is good, but if it is used for payment, may bitcoin will be abandoned if bitcoin have longer time confirmation.
sr. member
Activity: 336
Merit: 250
Its nearly impossible now for bitcoin to become unused until its value reached 0 whoch is not possible for anything in this world. Money value can go up and down so it has some value i can sell it and can buy candys this is the reason which creating demands in the market and demand and supply means its useful
sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
I don't think bitcoins have a good futur. Not much people use them and there is no real use for these people. The problem is that the people that doesn't use it is the majority of the planet. And you, what do you think about this? Will bitcoins have a glorious future or a realy bad one?

bitcoin will disappear of course, will not be used anymore, but there are several reasons why it happened.
- Because bitcoin price is very cheap
- Because internet in this world die
- Because doomsday; D: D
legendary
Activity: 1652
Merit: 1057
i think as long as there is a demand for bitcoin, bitcoin will not disapear, so many people waste their time and their money to build this currency and it's project, then i think bitcoin would be exist for long time, now bitcoin still the best payment procesor ever, the simplest for paying things online, just saying

Yes, I too don’t think bitcoin will ever disappear or become unused. Though lots of people refuses to accept bitcoin as payment system now, but they will change their mind and view in the future. Because, bitcoin needs some time to understand. Bitcoin is banned in some countries, but that won’t stop people from making use of bitcoin.
hero member
Activity: 2016
Merit: 721
Government might censor internet strictly to shut down bitcoin network & arrest anyone who use bitcoin even they only have 1 satoshi
Trust me, if they wanted to do such thing they'd have done it a thousand times by now.

Besides:
Nothing can't last forever, and of course bitcoin will disappear.
I totally agree with that, but: https://en.wikipedia.org/wiki/Gold#Monetary_exchange_.28historical.29
Quote from: Wikipedia
The first known coins containing gold were struck in Lydia, Asia Minor, around 600 BC.
I'm down for a currency that lasts 2600 years and counting. Let's hope bitcoin can live that long  Wink
legendary
Activity: 2870
Merit: 7490
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Nothing can't last forever, and of course bitcoin will disappear.

Government might censor internet strictly to shut down bitcoin network & arrest anyone who use bitcoin even they only have 1 satoshi or someone found fatal bug in bitcoin core & it can destroy network quickly.
Or when a really new currency which is better than bitcoin come out, but i think it might happen at least in next century.
hero member
Activity: 742
Merit: 500
i think as long as there is a demand for bitcoin, bitcoin will not disapear, so many people waste their time and their money to build this currency and it's project, then i think bitcoin would be exist for long time, now bitcoin still the best payment procesor ever, the simplest for paying things online, just saying
legendary
Activity: 1554
Merit: 1054
No shit, if people don't use it ofc it would die... The question is why would people stop using it and it comes down to what new technologies will be implemented in the next few decades. You never know when something better, faster and safer than bitcoin will appear.


People will stop using Bitcoin when it become impossible or very tough to use Bitcoin. Once you hit transaction capacity Bitcoin has (we are well above half of such transaction capacity today), you cannot put more transactions on Bitcoin blockchain unless you use offchain solutions but it goes against the whole purpose of Bitcoin as peer-to-peer money.

Same way bitcoin is strongly opposed in most countries, and these opposer’s has strong fact’s to prove that bitcoin is wrong. If these opposes become serious, other countries might follow in the opposition of bitcoin. But it will get serios as they do not have any reasons behind their oppose.
sr. member
Activity: 434
Merit: 250
People are talking that bitcoin is a future money I doubt that it can happen that one day bitcoin will just be worthless.
After all we don't know what will happen when people will lose there bitcoin or some other things.
I am happy if bitcoin will survive 50 years that is enough for me.

I think it just depends on how many people will be using bitcoin
If nobody uses bitcoin then it will die out slowly
No people using bitcoin means that there's no market out there

No shit, if people don't use it ofc it would die... The question is why would people stop using it and it comes down to what new technologies will be implemented in the next few decades. You never know when something better, faster and safer than bitcoin will appear.

Yes i agree with you, of course bitcoin will dead if nobody use bitcoin. i think bitcoin will never dead, because many people still need it and maybe in 1-5 years a new coin will appear.
newbie
Activity: 6
Merit: 0
Greetings

According to my knowledge Bitcoin/Crypto Currencies will continue it's momentum next 10 or 20 years so... In this form or any other Different Model..... But we have to put attention on, how Government will take Policies/Steps..... I read some articles that the Investment banks and other companies also looking for the how this Model Works....accenture/Microsoft etc put some research on these technology.......

Finally.....if BitCoin alive/no-more but the BLOCKCHAIN technology will live forever...... and it will take the Industry to the NExt level.....


Cheers

sr. member
Activity: 423
Merit: 250
No shit, if people don't use it ofc it would die... The question is why would people stop using it and it comes down to what new technologies will be implemented in the next few decades. You never know when something better, faster and safer than bitcoin will appear.


People will stop using Bitcoin when it become impossible or very tough to use Bitcoin. Once you hit transaction capacity Bitcoin has (we are well above half of such transaction capacity today), you cannot put more transactions on Bitcoin blockchain unless you use offchain solutions but it goes against the whole purpose of Bitcoin as peer-to-peer money.
hero member
Activity: 952
Merit: 516
People are talking that bitcoin is a future money I doubt that it can happen that one day bitcoin will just be worthless.
After all we don't know what will happen when people will lose there bitcoin or some other things.
I am happy if bitcoin will survive 50 years that is enough for me.

I think it just depends on how many people will be using bitcoin
If nobody uses bitcoin then it will die out slowly
No people using bitcoin means that there's no market out there

No shit, if people don't use it ofc it would die... The question is why would people stop using it and it comes down to what new technologies will be implemented in the next few decades. You never know when something better, faster and safer than bitcoin will appear.
hero member
Activity: 518
Merit: 500
Yes bitcoin can disappear one day we just never know when maybe in 5 year or 1000 years who knows.
For now bitcoin is good to have if you like to trade or just to hold and wait for increase.
So no worries we will see what will happen later it the future I think we will see a high potential of price of bitcoin.

As long as we keep trusting on bitcoin and keep buying, holding and spending bitcoin everyday.
I believe bitcoin will stand survive forever. Just do bitcoin activity , and its already helped bitcoin to survive. There Always two sides , good-bad, worth nothing or booming.
sr. member
Activity: 420
Merit: 250
i dont think so...for me it will be a future money...
there is still alot of people dont know about bitcoin....im sure if they know and understand they will be use
there are many people who know about bitcoin but they were indifferent and uninterested. there are pros and cons
not all people like bitcoin
This inhibits the spread of bitcoin, of course,

This is true but I believe that as long as there is a good amount of demand for bitcoin
Like there is right now, bitcoin will keep on growing and evolving
sr. member
Activity: 406
Merit: 250
Yes bitcoin can disappear one day we just never know when maybe in 5 year or 1000 years who knows.
For now bitcoin is good to have if you like to trade or just to hold and wait for increase.
So no worries we will see what will happen later it the future I think we will see a high potential of price of bitcoin.
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