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Topic: Do you think bitcoins will disapear or become unused? - page 25. (Read 26777 times)

hero member
Activity: 1148
Merit: 527
Ok I maybes messed up with my opinion, for sure there will still be someone to use it. But who cares half a million people use bitcoin? And the simple people just want somethibg EASY to use : you got a credit card and you just need to know a 4 number code, easy as hell and it is already the standart.

It'll be great for those half a million people that use a currency that isn't subject to inflation or political interference...the value of 1 Bitcoin will continue to increase compared to fiat currencies, making those half a million people able to prosper.

That's enough reason for me (but certainly not the only, best, or greatest.)

Even if the government are interfering in the development of bitcoin ecosystem, significantly nothing can be changed. Because bitcoin has all the needed things to exist without any support from government. When there is no need of exchange into fiat, then there is no need of any government support.
hero member
Activity: 2016
Merit: 721
The overwhelming opinion here is not surprising: Bitcoin will last forever because nobody can kill it. Of course, that's the opinion you would expect at a Bitcoin fanboy site like this one.

However, I believe that Bitcoin could die out simply because people lose interest. It could be a fad like Tie Dye, Beanie Babies, Cabbage Patch dolls, or CB radio. Or it could simply become obsolete like answering machines, fax machines, laser disks, 8-track tapes, cassette tapes, CDs, and soon DVDs.

If you have never heard of some of these, then let me tell you they were all much bigger than Bitcoin is now, and they are gone forever.

CDs are gone? Well that's first news, man. I didn't know  Grin

Your obsolete stuff was once massively popular before it became obsolete, and the reason is that something more massive came up and took its place. Answering machines still exist.
Fax machines are obsolete in most countries (notably not Japan though) because of the email.
Laser disks... errr what exactly is that bird? (seriously, I mean, I don't know what that is. How is it different from a CD ?).
8-track tapes and cassette tapes became obsolete because of the CD
Cd's and Dvd's are still well alive, maybe even more so than blu-ray. For some reason blu-ray never made it to become broadly used and remained a bourgeois thing. I, for one, have never used one, not ever.

And it's funny because following the exact same logic you had here, I'd say that the deflationary system modern fiat is based on is right about to become obsolete because of bitcoin. I have an idea. Let's meet again in 10 years and see which one of us was right  Grin.

I'll give it to you: bitcoin also might simply fail at becoming popular and end up like a lot of great inventions that just failed for some reason. Only that it becomes harder and harder for it to fail with every passing day as it increases in popularity. The trend is not exactly that bitcoin is failing at becoming popular. Actually it's quite the opposite, really.
Ok I maybes messed up with my opinion, for sure there will still be someone to use it. But who cares half a million people use bitcoin? And the simple people just want somethibg EASY to use : you got a credit card and you just need to know a 4 number code, easy as hell and it is already the standart.
Bitcoin is not easy to use and it is indeed a very important issue now, but you can trust developers and engineers to come up with ideas to change in in the coming years. This problem is only one because the blockchain is a new technology. Time and hard work will get us a way around that.
hero member
Activity: 756
Merit: 503
Ok I maybes messed up with my opinion, for sure there will still be someone to use it. But who cares half a million people use bitcoin? And the simple people just want somethibg EASY to use : you got a credit card and you just need to know a 4 number code, easy as hell and it is already the standart.

how about fee ?
also in my opinion credit card is "fake money", it is only "online number" without back up anything, it's like fiat in bank, bitcoin is "real thing in online world" . you will never lost any satoshi for hold it, and bitcoin can not go bankrupt, and someday if bank get bankrupt you lost your money
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
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?

More wages paid in Bitcoins is what we really need. It's the only way for mainstream adoption. In other case, Bitcoin can become only a good store of value.
hero member
Activity: 1106
Merit: 637
Ok I maybes messed up with my opinion, for sure there will still be someone to use it. But who cares half a million people use bitcoin? And the simple people just want somethibg EASY to use : you got a credit card and you just need to know a 4 number code, easy as hell and it is already the standart.

It'll be great for those half a million people that use a currency that isn't subject to inflation or political interference...the value of 1 Bitcoin will continue to increase compared to fiat currencies, making those half a million people able to prosper.

That's enough reason for me (but certainly not the only, best, or greatest.)
newbie
Activity: 13
Merit: 0
Ok I maybes messed up with my opinion, for sure there will still be someone to use it. But who cares half a million people use bitcoin? And the simple people just want somethibg EASY to use : you got a credit card and you just need to know a 4 number code, easy as hell and it is already the standart.
legendary
Activity: 4438
Merit: 3387
The overwhelming opinion here is not surprising: Bitcoin will last forever because nobody can kill it. Of course, that's the opinion you would expect at a Bitcoin fanboy site like this one.

However, I believe that Bitcoin could die out simply because people lose interest. It could be a fad like Tie Dye, Beanie Babies, Cabbage Patch dolls, or CB radio. Or it could simply become obsolete like answering machines, fax machines, laser disks, 8-track tapes, cassette tapes, CDs, and soon DVDs.

If you have never heard of some of these, then let me tell you they were all much bigger than Bitcoin is now, and they are gone forever.
hero member
Activity: 756
Merit: 500
I cannot see this happening, even if it does not go mainstream I believe that some will still use it.
sr. member
Activity: 242
Merit: 250
Nope. I think it still has a long future ahead of itself. Maybe it will die off in around 100 years.
full member
Activity: 126
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
This wont happen, no one can kill bitcoin and make it useless to us. Look at other countries who banned bitcoin, people from them still using/mining bitcoin even if its banned.
newbie
Activity: 23
Merit: 0
I don't expect this to happen.
So many people are using bitcoins today that we need some real bad news for this to happen.

Something like 80% of the pools stopped mining because some large security bug has been found.
newbie
Activity: 23
Merit: 0
I fear that such a thing will happen some day. Therefore i keep my coins on a exchange. When the price will fall big time i have me sell orders to cover up losses.
hero member
Activity: 742
Merit: 500
Bitcoin wont go anywhere over the years,it may loose interest and some costumers but,a huge potencial can be found on it,blockchain.And one big detail is thare bitcoin has milions invested into it,wont disappear soo easy.

Indeed Bitcoin's growing up daily and the price is increasing and it's expected that it will be stable soon
We notice also that many marketplaces ans ewallets started to use biotcoin as payment processor so we can expect great future for the Bitcoin's crypto currency
legendary
Activity: 1316
Merit: 1004
I don't necessarily understand why you could possibly think that it would just "disappear" to be honest...  Even if Bitcoin were to go below $1 again, in the most extreme of situations, I think it would still be used by some people still.  Regardless, there will always be someone out there in the world who still enjoys using Bitcoins and the features that come along with it.

That's honestly a major flaw with the Bitcoin community; I remember when the price was sinking below $200 not too long ago, and people were writing off Bitcoin in general, and all the posts here on the forum where of topics like "RIP Bitcoin", etc. etc.  It just seems that most people on here use Bitcoin only for "HODL'ing" purposes, rather than to use it as a currency as it should...
hero member
Activity: 560
Merit: 500
Bitcoin wont go anywhere over the years,it may loose interest and some costumers but,a huge potencial can be found on it,blockchain.And one big detail is thare bitcoin has milions invested into it,wont disappear soo easy.
legendary
Activity: 1848
Merit: 1000
I can't really see bitcoin going away anytime soon if at all.  If we look at how far bitcoin has come in the last few years where we had a pizza being bought for 10,000 bitcoin to where we are now with companies using it and being taken seriously. 

it will take another 5 years at least to see how far bitcoin can go and if it will sink or swim, I would like to say it will be around forever but who knows what will happen.
legendary
Activity: 2100
Merit: 1058
The problem is that if the bitcoin development comes to a standstill, people will just stop using it.
Then it's waiting for it to vanish.

Until solar system and safer earth exists, bitcoin will exist with us. Because, it is not depending on a single computer or single programmer. Bitcoin is widely spread across the globe along with Internet. So, there are no single force or any government law cannot make bitcoin to disappear.
legendary
Activity: 1512
Merit: 1012
The possibility definitely exists. If we discover another currency that works even better than Bitcoin or if Bitcoin develops in such a way, with such improvements that it can no longer be called Bitcoin, Bitcoin as we know it will definitely disappear or cease to be used.
sr. member
Activity: 476
Merit: 250
The problem is that if the bitcoin development comes to a standstill, people will just stop using it.
Then it's waiting for it to vanish.
sr. member
Activity: 266
Merit: 250
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?
I never thought of it before, but I think it's not possible, bitcoin will not disappear or be unused, as long as the internet still exists in the world, I think as long as it also bitcoin will still be there.

Yes, bitcoin must be one of the greatest invention of the century. It is always compared to digital gold. So, when that is in need of medium of exchange digitally than bitcoin must be the suitable solution. There are no chances for bitcoin getting unused forever.

ya what you told is correct bitcoin is the online gold, and everyone knows that gold is how precious , how come OP tells that not much people know about it. today their are places where internet is also not their but still internet is so much precious in now daily life. soon or later everyone will come to know about it and then they will tell that we should have invested when it was low.
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