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Topic: Does Bitcoin have life span? (Read 650 times)

hero member
Activity: 1750
Merit: 589
February 27, 2023, 02:08:36 PM
#98
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Bitcoin doesn't have a lifespan that it would deplete per se, but I believe it will be succeeded and outclassed by a more capable cryptocurrency in the future, which we may not even be so lucky to live in. In any case, the existence of multiple altcoins with powerful use-cases proves my idea that in the future, something will outrace it just because holding that particular cryptocurrency is a much better choice than keeping your bitcoins, even if bitcoin by that time reaches the 100k mark. We still got long ways to go though, and I don't really see this ever happening in our lifetimes only because bitcoin as it stands today is carried greatly by its price, but in the future, economic struggles may be solved and in that future, money would be the least of the people's concern. Utility and usability will be.
sr. member
Activity: 826
Merit: 460
February 27, 2023, 01:35:34 PM
#97
Everything that is created will definitely have a time to die but I do not know how long bitcoin will be popular and until bitcoin becomes the center of attention in the current crypto market. we have no specific indications to see the future of bitcoin whether it will die or not because what we are experiencing bitcoin is still new in this world and only 13 years old and that is quite young for an industry or financial system in the world.
Because bitcoin can be run via the internet network and of course electricity I think if these two factors become extinct from the earth maybe bitcoin will also disappear.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
February 27, 2023, 12:52:45 PM
#96
How would someone be able to destroy a bitcoin that they do not own? Also, how would one even destroy a bitcoin in the first place?

Don't say they can destroy, just threaten, I don't think they can, not only for individuals this also applies to countries, governments and also a company, the more it is spread, the interest in adopting and dominating Bitcoin will continue to increase as well as the power of Bitcoin, you can be sure no one is able to hold and even destroy, precisely what will happen on the contrary Bitcoin will grow and have a good impact.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 27, 2023, 11:30:06 AM
#95
Everything has a life span and nothing is forever. Maybe Bitcoin will disappear in 100 years because the human race decided that a money system is no longer required because robots have taken over all the work and we do nothing but sit and enjoy the fruits of their labor?

There are countless scenarios in which everything ends. But a lot of them are unrealistic, if you would agree with me....

I think Bitcoin will definitely outlive us. Maybe our great great great grandchildren will witness the end of Bitcoin. Maybe an meteor destroys all life on earth in 1 year. Or maybe we all nuke ourselves out of existance.

Is there a point worrying about unlikely things? No.

So do not worry, Bitcoin is fine.

Bitcoin is just starting to blossom, so don't count on its disappearance anytime soon. We should enjoy it to the fullest during our lifetime. If it has done well for 14 years, then I'm sure it will be fine 50 - 100 years from now. By the time all BTC are mined, there might be a new technology that would render it obsolete. Yet again, Bitcoin's code is open source so it could easily adapt to the new technology if the community wants to.

Maybe BTC is immortal just like the Internet? I really don't want to know what will happen in the future, as that would bring much speculation to Bitcoin's life expectancy. The world is evolving at a fast pace, so either Bitcoin changes our society for good (very likely) or it becomes history. As long as decentralization is preserved, nothing else matters. Just my opinion Smiley
newbie
Activity: 35
Merit: 0
February 27, 2023, 09:24:01 AM
#94
I believe that Bitcoin is here to stay. It has already revolutionized the finance industry and introduced us to the concept of blockchain technology. While other digital currencies may have come and gone, Bitcoin has solidified its place in the market and has even been referred to as the "gold" of cryptocurrencies.

As for the future, I do think that the technology behind Bitcoin will continue to evolve and improve. While there may be some challenges such as the end of Bitcoin mining, I believe that this will only open up new potentials for the blockchain world. I also think that there can be a similar relationship with other cryptocurrencies and BTC as there was between the USD and Gold. So, in short, I believe that Bitcoin has a strong chance of being a continuous process of digital currency.
sr. member
Activity: 1204
Merit: 270
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February 27, 2023, 08:44:57 AM
#93
No one can tell the exact news of how long bitcoin will live it can end in a day and will last for as long as the crypto market exists. Its value for investment has greatly increased with the advancement of technology, the demand for bitcoin is increasing and most people are turning to invest in bitcoin. Compared to other cryptocurrencies bitcoin has the highest recognition, the most developed ecosystem and the highest acceptance bitcoin will last for a long time.
hero member
Activity: 2366
Merit: 594
February 27, 2023, 08:36:15 AM
#92
The whole point of bitcoin is that it cannot die and it doesn't have a life span. People will always be using it because of technology and its value will only go up as time passes. That's why many people invest in bitcoin to hold it for 10-20 years.

We can't predict 100% that it will not die, it has a possibility that it will die but it is very low meaning it cant live forever. We can predict if in the next century, bitcoin will be appreciated or if we used it as our main currency. But for now, it is close to impossible to die it and I think we will die first to see bitcoin is dying. As long as people still transact on it (buying and selling) and we all have an internet connection (like there is no war all over the world that can make the internet down and used only for military) then it is still good.
sr. member
Activity: 873
Merit: 268
February 27, 2023, 08:28:01 AM
#91
The whole point of bitcoin is that it cannot die and it doesn't have a life span. People will always be using it because of technology and its value will only go up as time passes. That's why many people invest in bitcoin to hold it for 10-20 years.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
February 27, 2023, 06:16:10 AM
#90
Nothing lasts forever is something that I strongly believe in.
But we cannot simply predict how long bitcoin will survive since that is something only time can tell.
Looking at the growth at which bitcoin users are increasing we can definitely say it will at least run for more than 10-15 years down the line most probably more than that.
The last bitcoin will be mined in the year 2140 after which bitcoin miners will live off the transaction fees alone.
So considering that bitcoin will at least survive until 2150 and more if transaction volume is huge.
newbie
Activity: 6
Merit: 0
February 24, 2023, 06:51:11 AM
#89
No one can REALLY predict the future of Bitcoin and Blockhain because they dependent on many factors: including market demand, regulatory changes to countries, and technological advancements. From my perspective, there’s a lot of uncertainty in this technology but I don't believe in sudden collapse when it comes to BTC. Just enjoy this experience, diversify your investments, and get rid of stress.
legendary
Activity: 2240
Merit: 2003
A Bitcoiner chooses. A slave obeys.
February 24, 2023, 04:49:59 AM
#88
Everything has a life span and nothing is forever. Maybe Bitcoin will disappear in 100 years because the human race decided that a money system is no longer required because robots have taken over all the work and we do nothing but sit and enjoy the fruits of their labor?

There are countless scenarios in which everything ends. But a lot of them are unrealistic, if you would agree with me....

I think Bitcoin will definitely outlive us. Maybe our great great great grandchildren will witness the end of Bitcoin. Maybe an meteor destroys all life on earth in 1 year. Or maybe we all nuke ourselves out of existance.

Is there a point worrying about unlikely things? No.

So do not worry, Bitcoin is fine.
jr. member
Activity: 103
Merit: 6
February 24, 2023, 01:06:17 AM
#87
bitcoin is a digital currency that is currently popular, in my opinion bitcoin will end when the internet in this world is gone, as long as there is internet I don't think bitcoin will die. at least bitcoin will have the potential to drop in price if the community's economy is down, or destroyed. but actually we won't know about bitcoin for the future.
full member
Activity: 2184
Merit: 184
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February 24, 2023, 12:35:31 AM
#86
Quote from: Onyeeze
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

Bitcoin still remain unpredictable, it can change at anytime because is not control by the government like the way government control centralized currency. Bitcoin was created in a way countries and citizens will like it and embrace it in  their land to experience what they have never experience before in the digital currency. Based on what people have experienced from gold and Bitcoin, they prefer to invest a huge amount of capital on Bitcoin than gold, because it take a long time before investors can achieve small income from gold investment, compare to Bitcoin investment that will not take a long time before investors will start experiencing massive incomes from their investments.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 24, 2023, 12:14:28 AM
#85
And this is why I believe no altcoin will ever surpass bitcoin, even if a new revolutionary altcoin was created as long as it was based on the same principles of bitcoin, the bitcoin developers could always analyze the code of this altcoin and whatever features which makes it such an special altcoin and add them to bitcoin.

If bitcoin is to be replaced in the future this will happen because an entire new concept was created that is more efficient than bitcoin and that cannot be implemented on bitcoin at all.

Exactly. All of the other coins are copies of Bitcoin's original Blockchain model. There's really nothing that would "blow this stuff out of the water". It might take decades, if not centuries, before a new technology succeeds Blockchain tech. The party is just getting started.

Considering that Bitcoin is the original cryptocurrency that started it all, it's very unlikely it will die anytime soon. Its "lifespan" could be well extended after all coins are mined by 2100. That is if the community keeps it decentralized and censorship-resistant to that date. Neither you and I will be alive by the time all coins are mined, so we should have nothing to worry about. You can bet most altcoins will die before BTC fades away into oblivion. Who knows how far will it go? Just my opinion Smiley
I believe the same, there could have been a chance for governments to kill bitcoin during the first months after it was released, but at the time the governments did not thought that bitcoin was such a threat and let it be.

But now I do not see how it could be killed, as the only realistic way in which this could happen will be with the emergence of new and better technology, and as you state if worse comes to worst this could happen in a few decades, but most likely it could take centuries before it happened.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 23, 2023, 06:20:25 AM
#84
And this is why I believe no altcoin will ever surpass bitcoin, even if a new revolutionary altcoin was created as long as it was based on the same principles of bitcoin, the bitcoin developers could always analyze the code of this altcoin and whatever features which makes it such an special altcoin and add them to bitcoin.

If bitcoin is to be replaced in the future this will happen because an entire new concept was created that is more efficient than bitcoin and that cannot be implemented on bitcoin at all.

Exactly. All of the other coins are copies of Bitcoin's original Blockchain model. There's really nothing that would "blow this stuff out of the water". It might take decades, if not centuries, before a new technology succeeds Blockchain tech. The party is just getting started.

Considering that Bitcoin is the original cryptocurrency that started it all, it's very unlikely it will die anytime soon. Its "lifespan" could be well extended after all coins are mined by 2100. That is if the community keeps it decentralized and censorship-resistant to that date. Neither you and I will be alive by the time all coins are mined, so we should have nothing to worry about. You can bet most altcoins will die before BTC fades away into oblivion. Who knows how far will it go? Just my opinion Smiley
legendary
Activity: 1176
Merit: 1005
crunck
February 19, 2023, 05:19:46 AM
#83
The earth we live on has a lifespan, so bitcoin has a lifespan too. But the point is it will live long enough for us to use it, so we don't have to worry about those useless things. The life of bitcoin is the future of bitcoin, the more popular bitcoin is, the longer the lifespan of bitcoin. As well as some of the comments here, I also believe that the lifespan of bitcoin depends on our needs.
Rightly said. Everything that has a beginning has an end and this applies to Bitcoin too but when that is, is what nobody at the moment cannot really tell. There has been this question of if the whole 21 million Bitcoins where to be mined, what happens next and there have been different opinions to that too even though mining the remaining  about 10% could still be years away, however, whether Bitcoin last forever or will reach its life span is a question of when. 
In the year 2140, we will have mined the last bitcoin, and until then we will all be dead. But I believe that as long as the demand for it exists, it will not die, and if it still does not die, its value to that point is truly unimaginable. I think it will be worth 10 million dollars per bitcoin. Let's accumulate bitcoins for our future and our descendants until then.
newbie
Activity: 7
Merit: 1
February 18, 2023, 11:20:47 PM
#82
Right now all coins are supposed to exist as long as Bitcoin network exists. But who knows if that will be the case in the future. Bitcoin is software, there's nothing truly permanent about it, because software can change. In Bitcoin changes that are incompatible with existing rules would cause a network split between old and new versions, but if majority of users supports some change, the smaller chain might eventually die.

I can imagine that in some distant future bitcoiners will decide to destroy coins that are inactive for too long to make Bitcoin even more deflationary. But the probability of this is very-very low.

How would someone be able to destroy a bitcoin that they do not own? Also, how would one even destroy a bitcoin in the first place?
hero member
Activity: 1722
Merit: 895
February 18, 2023, 12:40:56 PM
#81
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency.
Nobody controls bitcoin because it is decentralized, maybe the simple answer is like this to be able to guarantee that bitcoin will be a sustainable digital currency. However, whatever beliefs people convey, if someone does not understand the characteristics of bitcoin, then this belief will not be able to make people believe in bitcoin in the future.

Analysis skills and knowledge about bitcoin will bring you to a belief, it grows not because of coercion, but purely on what you learn and will lead you to a decision.

Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Gold is not a digital currency or trying to make an analogy with it is incorrect and gold still exists today and is still trusted by many people for investment, in this case you are misinterpreting gold and trying to make an analogy with digital currency.

To know whether bitcoin will survive in the future or not, no one can guarantee it. But everyone who has ever been involved in investing, definitely believes that bitcoin is the best investment for the future. Instead of talking about the future or not of bitcoin, then you should try to consider starting, at least it can be used for profit and don't forget to consider the risks in the investment you are running.
sr. member
Activity: 448
Merit: 264
February 18, 2023, 11:21:56 AM
#80
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

Everything in this world has a lifespan. After all, nothing is guaranteed to last forever. While Bitcoin has been doing well 14 years since its inception, it could die for unknown reasons in the future. PoW mining won't stop until all coins are mined by 2100, so there's no need to worry about BTC becoming "extinct" during our lifetimes.

If a better technology than Blockchain comes up before that, then it would be another story. Yet, Bitcoin is open source, so developers could easily adapt to the new tech if they want to. Bitcoin could be an "immortal" cryptocurrency, if that happens. How long will BTC last greatly depends on community support. As long as decentralization is preserved, nothing else matters. Just my opinion Smiley
And this is why I believe no altcoin will ever surpass bitcoin, even if a new revolutionary altcoin was created as long as it was based on the same principles of bitcoin, the bitcoin developers could always analyze the code of this altcoin and whatever features which makes it such an special altcoin and add them to bitcoin.

If bitcoin is to be replaced in the future this will happen because an entire new concept was created that is more efficient than bitcoin and that cannot be implemented on bitcoin at all.
Gold is not a currency, everything creatures on earth have lifespan, but Bitcoin is a protocol which implements a highly available, public, permanent, and decentralized ledger. In order to add to the ledger, a user must prove ...
And  bitcoin's is made to for transfer money in internet.the digital currency was intended to provide an alternative payment system.And I believe that no altcoin will supersede bitcoin maybe I don't know in the future.but i think there's no need to think about that because it's not going to happen anytime soon, maybe hundreds of years from now,and bitcoin is now 14 years guarantee now, maybe cenchrus to come but for now I don't think is going happen, now even 20 years to come.A better technologically coded digital currency comes up and become a threat to the continuous existence of bitcoin, though i personally do not think such a thing would happen anytime soon.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
February 18, 2023, 10:19:39 AM
#79
Bitcoin's technology/blockchain has shown resilience and longevity since its creation in 2008. The blockchain provides a decentralized and secure way to record and verify transactions, which has proven to be an attractive feature for many users. More individuals and businesses are beginning to accept Bitcoin as a form of payment, which could further increase its demand and longevity. Bitcoin's lifespan is not 100% certain, however, it has shown good adoption over the past decade and in my opinion will most likely continue evolving in years to come.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
February 18, 2023, 10:01:55 AM
#78
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
I cam be correct to say that anything that has a beginning will surely have an end. No doubt, bitcoin has a beginning but I wouldn't know when and how the end would be. In the other hands it might not end, but metamorphosis into another technology.
Meanwhile, somethings in the body of your post shows that you don't know much about bitcoin. Take your time to read about bitcoin and know how it differs from gold and other investment assets.
full member
Activity: 1512
Merit: 115
February 18, 2023, 09:41:09 AM
#77
The earth we live on has a lifespan, so bitcoin has a lifespan too. But the point is it will live long enough for us to use it, so we don't have to worry about those useless things. The life of bitcoin is the future of bitcoin, the more popular bitcoin is, the longer the lifespan of bitcoin. As well as some of the comments here, I also believe that the lifespan of bitcoin depends on our needs.
Rightly said. Everything that has a beginning has an end and this applies to Bitcoin too but when that is, is what nobody at the moment cannot really tell. There has been this question of if the whole 21 million Bitcoins where to be mined, what happens next and there have been different opinions to that too even though mining the remaining  about 10% could still be years away, however, whether Bitcoin last forever or will reach its life span is a question of when. 
legendary
Activity: 1176
Merit: 1005
crunck
February 18, 2023, 08:54:31 AM
#76
The earth we live on has a lifespan, so bitcoin has a lifespan too. But the point is it will live long enough for us to use it, so we don't have to worry about those useless things. The life of bitcoin is the future of bitcoin, the more popular bitcoin is, the longer the lifespan of bitcoin. As well as some of the comments here, I also believe that the lifespan of bitcoin depends on our needs.
legendary
Activity: 2408
Merit: 1102
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February 18, 2023, 05:10:56 AM
#75
It depends on it value, if people stop trading and mining Bitcoin it will automatically loose it value,
Speaking about Bitcoin having a life span, I don't think the lifespan of Bitcoin should be emphasized, because people are making money from Bitcoin all over the world, so how I don't think Bitcoin might even lose it value, even if it will, it won't be anytime soon...

And the value of bitcoin depends on human demand, the higher the demand while the supply is finite, the value will always increase. Bitcoin has a lifespan, and it all depends on us, if we still need it in our life, it will never go away. But in the future, there will be a better technology that attracts us, and we don't need it anymore, that will be the end of bitcoin. But I think there's no need to think about that because it's not going to happen anytime soon, maybe hundreds of years from now, and we won't be alive anymore.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
February 17, 2023, 10:25:27 PM
#74
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

Everything in this world has a lifespan. After all, nothing is guaranteed to last forever. While Bitcoin has been doing well 14 years since its inception, it could die for unknown reasons in the future. PoW mining won't stop until all coins are mined by 2100, so there's no need to worry about BTC becoming "extinct" during our lifetimes.

If a better technology than Blockchain comes up before that, then it would be another story. Yet, Bitcoin is open source, so developers could easily adapt to the new tech if they want to. Bitcoin could be an "immortal" cryptocurrency, if that happens. How long will BTC last greatly depends on community support. As long as decentralization is preserved, nothing else matters. Just my opinion Smiley
And this is why I believe no altcoin will ever surpass bitcoin, even if a new revolutionary altcoin was created as long as it was based on the same principles of bitcoin, the bitcoin developers could always analyze the code of this altcoin and whatever features which makes it such an special altcoin and add them to bitcoin.

If bitcoin is to be replaced in the future this will happen because an entire new concept was created that is more efficient than bitcoin and that cannot be implemented on bitcoin at all.
legendary
Activity: 3122
Merit: 1140
February 17, 2023, 04:39:00 PM
#73
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Talking about lifespan then it would really be depending or basing up entirely on the demand and there's no way that we could able to make out conclusions on what it would be and on when it would happen.As long theres demand then it would continue to live out no matter what you've been dealing with this kind of investment.There's no assurance on when it would last, as long the community or there are people who do buy it then
there's always a chance for it to increase its price.

Talking about Bitcoin then theres no point that we could conclude on when it would really last.Seeing the current community support then you could really tell that it is really that something
that could really last up for long time basing up on the support and recognition of it.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
February 17, 2023, 04:34:34 PM
#72
The lifespan can’t be predict in the bitcoin for now.Nearly 90 percentage of the bitcoin was traded.The bitcoin was recirculating all the time.Since it’s used as the medium of the transaction of various countries.So we can make use of bitcoin for the mode of payment also.The bitcoin was cross the decade of transaction and new users was get into market daily.Bitcoin enable the new crypto project launch on every day.But the traders should investigate before investing on the new crypto currency.
legendary
Activity: 2338
Merit: 1124
February 17, 2023, 04:09:09 PM
#71
I think bitcoin has no life span, bitcoin already has a value since 2010 and till now it has a value a big value more than 90% of its value from it is first traded on the market so i don't think it will have a life span instead of so many negative issue before bitcoin endures and it come back with a greater value maybe in the future 10 years from now more people will use or trust bitcoin and it will become more valuable than today, if bitcoin has a life span no one can till us when it ends only time can tell us because even expert doesn't know about the life span of bitcoin.
I agree that it doesn't really have a life span, and will continue to exist one way or another forever. I know that it is going to face some changes and it will not be exactly the same bitcoin as we know right now, but that is ok because we already had some changes, we had changes regarding legacy chain to segwit a few years ago, so it means it could change in the long run again, maybe even bigger changes.

I think it is quite important to realize that bitcoin is not something that has to stay exactly the same and when the world grows bigger and better, the new tech will help us change bitcoin to a much better version as well, which means it will prolong it's life span constantly.
legendary
Activity: 2338
Merit: 1084
zknodes.org
February 17, 2023, 03:40:35 PM
#70
if the first question about Bitcoin will live, you can see for yourself that Bitcoin still has good graphics sometimes has a downturn. so Bitcoin is still alive for the next few years in my opinion. but we cannot predict what will happen to Bitcoin and there will be other Bitcoins that are better or more profitable in the future.
I don't think Bitcoin has a life. Lol. But judging by how long he will continue to exist, it depends on the community trusting him. If there are still many people who believe and believe in his worth, then he will always be there. But if they start to disbelieve him and leave him then slowly he will soon die.
But if you look at the current conditions, crypto has been widely adopted and bitcoin has a special value. Even many countries have begun to legalize as a commodity. That seems to be good news for Bitcoin's future. We just need to continue to support by educating people, so that crypto has a growing number of users.
full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
February 17, 2023, 10:43:59 AM
#69
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
I think bitcoin has no life span, bitcoin already has a value since 2010 and till now it has a value a big value more than 90% of its value from it is first traded on the market so i don't think it will have a life span instead of so many negative issue before bitcoin endures and it come back with a greater value maybe in the future 10 years from now more people will use or trust bitcoin and it will become more valuable than today, if bitcoin has a life span no one can till us when it ends only time can tell us because even expert doesn't know about the life span of bitcoin.

if the first question about Bitcoin will live, you can see for yourself that Bitcoin still has good graphics sometimes has a downturn. so Bitcoin is still alive for the next few years in my opinion. but we cannot predict what will happen to Bitcoin and there will be other Bitcoins that are better or more profitable in the future.
MiF
sr. member
Activity: 1442
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February 16, 2023, 09:52:29 PM
#68
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
I think bitcoin has no life span, bitcoin already has a value since 2010 and till now it has a value a big value more than 90% of its value from it is first traded on the market so i don't think it will have a life span instead of so many negative issue before bitcoin endures and it come back with a greater value maybe in the future 10 years from now more people will use or trust bitcoin and it will become more valuable than today, if bitcoin has a life span no one can till us when it ends only time can tell us because even expert doesn't know about the life span of bitcoin.
full member
Activity: 840
Merit: 137
February 16, 2023, 05:45:08 PM
#67
It depends on it value, if people stop trading and mining Bitcoin it will automatically loose it value,
Speaking about Bitcoin having a life span, I don't think the lifespan of Bitcoin should be emphasized, because people are making money from Bitcoin all over the world, so how I don't think Bitcoin might even lose it value, even if it will, it won't be anytime soon...
Bitcoin has come to stay,and therefore,it has no life span.Most people that started Bitcoin about some years ago are already billionaires and millionaires,all that is required in Bitcoin is consistency and regular  trading and investing.
Government of some countries have tried all they could to make Bitcoin crumble,but the more they try,the more Bitcoin becomes more stronger at the different  nooks and crannies of the world.It has gotten to a point that almost everybody have known about  the efficiency of Bitcoin.
full member
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February 16, 2023, 03:22:05 PM
#66
It depends on it value, if people stop trading and mining Bitcoin it will automatically loose it value,
Speaking about Bitcoin having a life span, I don't think the lifespan of Bitcoin should be emphasized, because people are making money from Bitcoin all over the world, so how I don't think Bitcoin might even lose it value, even if it will, it won't be anytime soon...
legendary
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February 15, 2023, 04:09:48 PM
#65
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Well, bitcoin has no expiry date if I can put it that way, there will never be a time bitcoin will become obsolete except if in the future, a better technologically coded digital currency comes up and become a threat to the continuous existence of bitcoin, though i personally do not think such a thing would happen anytime soon, or even in the near future, this is if there is even a chance of it happening at all.

So be very confident in investing in bitcoin for the long term, there can never come a time when bitcoin will just disappear, this is a major revolution in  the financial sector which have not even taken off yet. 
sr. member
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February 15, 2023, 03:18:38 PM
#64
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
As far as I think about whether bitcoin has a life span or not, I think for bitcoin itself it must have it because what is born they will surely die, if we refer to the findings in this world there are always heydays and there are times when people do not have interest in the product itself, like Nokia, which was swallowed up by the Android era. Likewise bitcoin in my opinion if bitcoin cannot stand dynamically with technological advances in the future and can coexist with the latest technology, maybe people will no longer be interested in bitcoin, in other cases if miners are no longer there and collectors also don't want to hold bitcoin they might as well say that bitcoin is dead.
full member
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February 14, 2023, 10:27:26 PM
#63
Fiat currencies have existed for many centuries, and gold has been valued for even longer. Everything has some sort of life span, but it can be long enough to neglect that at some point it will end. The world is changing very fast, and it's really hard to predict where it's going. I don't see why Bitcoin wouldn't prosper in the next several decades, but if something major happens like a quantum computing breakthrough or a global crisis which makes widespread usage of the Internet and electricity impossible, then of course Bitcoin will go away along with lots of other things. Digitalization hasn't been going for long enough to see if it's just a phase in humanity's development or a long-term thing. But if the Internet is staying, I think cryptos are staying as well, including Bitcoin.

Fiat and Gold ain't going anywhere soon, so why should Bitcoin disappear in an instant? After all, Bitcoin is decentralized and censorship-resistant. The economic model of Bitcoin is deflationary, so it should technically increase in price over time. Demand for BTC will never go away, especially when it's the one cryptocurrency that started the "Blockchain craze".

There's no technology that is as revolutionary as Blockchain, so don't expect Bitcoin to die within our lifetimes. Maybe someday it will beat Fiat for good? Just my opinion Smiley

Fiat and gold exist to this day because of our need, as long as our need does not disappear, they will always be able to last forever. Bitcoin is similar, as long as there are users and demand for it, it will last forever.

The world will change, we have been attached to fiat for centuries, and now that we have bitcoin and cryptocurrencies, it is only a matter of time before fiat is replaced. Similarly, bitcoin will be replaced when better technology is created. But what I fear is we won't be able to wait until then, I'm not afraid bitcoin will be gone any time soon. Let's calculate how long we will live to see the bitcoin revolution cause I'm sure bitcoin will outlast our lifetime Grin Grin.
legendary
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February 14, 2023, 07:35:14 PM
#62
Fiat currencies have existed for many centuries, and gold has been valued for even longer. Everything has some sort of life span, but it can be long enough to neglect that at some point it will end. The world is changing very fast, and it's really hard to predict where it's going. I don't see why Bitcoin wouldn't prosper in the next several decades, but if something major happens like a quantum computing breakthrough or a global crisis which makes widespread usage of the Internet and electricity impossible, then of course Bitcoin will go away along with lots of other things. Digitalization hasn't been going for long enough to see if it's just a phase in humanity's development or a long-term thing. But if the Internet is staying, I think cryptos are staying as well, including Bitcoin.

Fiat and Gold ain't going anywhere soon, so why should Bitcoin disappear in an instant? After all, Bitcoin is decentralized and censorship-resistant. The economic model of Bitcoin is deflationary, so it should technically increase in price over time. Demand for BTC will never go away, especially when it's the one cryptocurrency that started the "Blockchain craze".

There's no technology that is as revolutionary as Blockchain, so don't expect Bitcoin to die within our lifetimes. Maybe someday it will beat Fiat for good? Just my opinion Smiley
sr. member
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February 14, 2023, 01:52:09 AM
#61
-snip-
These are just some of the use cases for Bitcoin, but there are loads more... so while this is the case, it will exist and it will be used.  Wink
Currently the use cases of bitcoin in real life have developed along with the increase in popularity and now bitcoin is also often used as a means of online retail payment because several companies such as Microsoft have accepted bitcoin as a payment option which can make it easier for buyers of goods or services when making payments because by bitcoin without the need for intermediaries unlike when making payments with fiat currency in general.
In the future I'm sure there will be more and more bitcoin use cases in real life that can make it easier for every user.
full member
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February 14, 2023, 12:48:10 AM
#60
Like all other things Bitcoin has also lifespan until it's being used by people for different purposes.The network will be secured by miners earning fees so there is possibility they will always working for it and when there are lot of transactions they will earn good amount in btc.If we see from usage point of view then chances are high that in future it will be used more so lifespan is increasing with it but nobody can give you fixed time period as there is no such predetermined one.
hero member
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February 13, 2023, 11:37:06 PM
#59
Bitcoin technology will continue into the future and as long as people still trust it and use it, bitcoin will always be there for them. Until now, people still benefit from using bitcoin. They can generate money and they can use it for various things. This is why people are still using bitcoin; if more people are willing to use it, blockchain technology and especially bitcoin, they can make more money in the future. But we also must remember that we don't know what will happen in the future. And as long as we can still get benefits, we can still use them.
For now they still trust it but when there are big difficulties that come in Bitcoin or there are new inventions which can possibly affect the performance of Bitcoin, that can be the time that people will doubt on it. Let's only hope that those negative things won't happen not until Bitcoin hit the most anticipated 1 million dollar mark.

We should only clear that to use Bitcoin is different from investing. When people invest in Bitcoin, they don't use their Bitcoins actively but they just let it sit from their wallets to earn passive returns. To use Bitcoin is when people use it actively for purchasing either offline or online or for sending bitcoins from someone else.
Even if that happened, there must still be people trying to keep believing in bitcoin. And they're not going to sell all their bitcoins and still want to keep some bitcoins and hope to see them recover again. Only people who don't have faith in bitcoins will panic and sell all their bitcoins at once.

There is also a way that they can grow their bitcoins by lending them on some exchanges, as I have seen before. It can make them earn even more bitcoins and that includes actively using bitcoins and we can earn passive income as well. And people who don't want to do anything with their bitcoins can keep the bitcoins in their wallets while waiting for the price to increase.
full member
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February 13, 2023, 10:25:41 PM
#58
As for now, it seems like bitcoin might be timeless. It's only begun it's way to the top and someday might even become a new world currency. So I think we have a pretty good chance that bitcoin will stay with us for a really really long time. And nowadays there are no signals that bitcoin will disappear. Even if it won't become a new world currency, people still will treat it as an asset to invest in.
even if it is not timeless at least we knew that it will stay longer that any one expecting , bitcoin will serve me,my children and theirs meaning it will passed through generations.
and that long time framing is for only one thing , and that is how we must value the existence of this currency .
sr. member
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February 13, 2023, 10:16:35 PM
#57
As for now, it seems like bitcoin might be timeless. It's only begun it's way to the top and someday might even become a new world currency. So I think we have a pretty good chance that bitcoin will stay with us for a really really long time. And nowadays there are no signals that bitcoin will disappear. Even if it won't become a new world currency, people still will treat it as an asset to invest in.
sr. member
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February 13, 2023, 09:46:37 PM
#56
Governments from different countries recognized the positive impact of applying cryptocurrencies as an alternative payment- even to the extent of making it as a legal tender in one of the countries globally.
more than the government considers Bitcoin a risky investment asset. not used as legal tender. some countries may have legalized it as a transaction tool. but more countries only regulate Bitcoin ownership, not the use of Bitcoin as a means of transaction. many factors are considered. but with transactions continuing to be made in the market, I doubt Bitcoin will have a short life.
the bitcoin market is built on trust and every year we can see it strengthens. market adoption is very good. it is not easy to control or destroy such beliefs.
legendary
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February 13, 2023, 09:45:26 PM
#55
Yes, bitcoin has a lifespan, but we don't need to worry because I think with increasing demand for bitcoin, the life span can last hundreds of years, and we won't be alive, so there is no need to worry about that. Think how long you live and until you die, how many bitcoins you will have to give to your children, that is what matters.

Truth is, we don't really know about that whether if bitcoin has a lifespan or not and you're right actually that if ever bitcoin has an end in the future, we won't be around that time anymore to witness the bitcoin's tragic end. What's more important is what we have now and in the upcoming years, let's just try to acquire some bitcoins and even altcoins while we can because its future is still promising enough to deny.
sr. member
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February 13, 2023, 09:40:17 PM
#54
I disagree that governments are the ones who can keep it alive, its the people. All of the governments on the world could make it illegal, and it could still survive on the dark net, that doesn't mean it will be as high as it is right now, but it can still survive. What lifespan of bitcoin depends on is innovation and improving technologies. Which means that blockchain was a new innovation that didn't existed before, and bitcoin was built upon that, if something even better happens, then lifespan of bitcoin is over. I personally love it so much, but I do look for a day when we have something better and then even better and keep going inventing better stuff.
in the past when quite several countries did not care about Bitcoin. Bitcoin is still able to survive. and now when more countries start to understand the potential of Bitcoin da more and more adoption. what will make Bitcoin die soon?
governments may have to realize, that they can't regulate the Bitcoin market when they don't have large amounts of Bitcoin. what most are doing nowadays is just making FUD and influencing the market. but it won't kill Bitcoin as long as the transaction continues.
hero member
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February 13, 2023, 08:07:04 PM
#53
I disagree that governments are the ones who can keep it alive, its the people. All of the governments on the world could make it illegal, and it could still survive on the dark net, that doesn't mean it will be as high as it is right now, but it can still survive. What lifespan of bitcoin depends on is innovation and improving technologies. Which means that blockchain was a new innovation that didn't existed before, and bitcoin was built upon that, if something even better happens, then lifespan of bitcoin is over. I personally love it so much, but I do look for a day when we have something better and then even better and keep going inventing better stuff.
hero member
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February 13, 2023, 06:59:50 PM
#52
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Bitcoin doesn't have a lifespan, it is just like any other investment or currency, as long as it have a value and have a demand from the market then it would continue to live.
Other crypto or project are considered dead because investors and even their team left their project and it doesn't have a value.
We can't say it doesn't have a lifespan. It gets used until something better reaches the world. For now we won't be able to see an innovation better than bitcoin's blockchain technology. Maybe in the upcoming generation we will come across more innovations as kids are much connected to technology and the same will push them hard to innovate better products. In such scenario the survival turns down and gets limited.

I think its lifespan depends upon its legalization and usage around the world. Basically, its lifespan is completely dependent upon the government's intrusive prohibition where it can anytime declare its illegality, which will definitely affect the number of users around the world.

While it is possible for this to happen, it is highly unlikely given that more countries have started to adopt cryptocurrencies in their financials and economics. Governments from different countries recognized the positive impact of applying cryptocurrencies as an alternative payment- even to the extent of making it as a legal tender in one of the countries globally.
legendary
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February 13, 2023, 06:41:11 PM
#51
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Bitcoin doesn't have a lifespan, it is just like any other investment or currency, as long as it have a value and have a demand from the market then it would continue to live.
Other crypto or project are considered dead because investors and even their team left their project and it doesn't have a value.
We can't say it doesn't have a lifespan. It gets used until something better reaches the world. For now we won't be able to see an innovation better than bitcoin's blockchain technology. Maybe in the upcoming generation we will come across more innovations as kids are much connected to technology and the same will push them hard to innovate better products. In such scenario the survival turns down and gets limited.
hero member
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February 13, 2023, 06:30:56 PM
#50
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Bitcoin doesn't have a lifespan, it is just like any other investment or currency, as long as it have a value and have a demand from the market then it would continue to live.
Other crypto or project are considered dead because investors and even their team left their project and it doesn't have a value.
member
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February 13, 2023, 12:30:27 PM
#49
No as far as I am aware of Bitcoin will exist as long as Blockchain technology exist. Only way Bitcoin could die is if everyone in the world stopped caring about Bitcoin and totally stop using it.
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February 13, 2023, 12:28:45 PM
#48
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

First off, gold is not a digital currency. Gold isn’t digital as you could literally hold it in your hands. And gold is still with us today and would probably still be with us in a century.
Bitcoin has nothing to do with gold and has no threat to each other existence. That said, I think bitcoin would very much be with us in the future as the full potentials of bitcoin is yet to come to light.
Your topic head asking if bitcoin has a life span.. I think that as long as we use bitcoin for whatever reason, it would always be with us.
legendary
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February 13, 2023, 12:11:53 PM
#47
Fiat currencies have existed for many centuries, and gold has been valued for even longer. Everything has some sort of life span, but it can be long enough to neglect that at some point it will end. The world is changing very fast, and it's really hard to predict where it's going. I don't see why Bitcoin wouldn't prosper in the next several decades, but if something major happens like a quantum computing breakthrough or a global crisis which makes widespread usage of the Internet and electricity impossible, then of course Bitcoin will go away along with lots of other things. Digitalization hasn't been going for long enough to see if it's just a phase in humanity's development or a long-term thing. But if the Internet is staying, I think cryptos are staying as well, including Bitcoin.
sr. member
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February 13, 2023, 12:09:32 PM
#46
Yes, bitcoin has a lifespan, but we don't need to worry because I think with increasing demand for bitcoin, the life span can last hundreds of years, and we won't be alive, so there is no need to worry about that. Think how long you live and until you die, how many bitcoins you will have to give to your children, that is what matters.
Bitcoin doesn't have any lifespan, it doesn't like after 100 years later all of Bitcoin will be vanished or destroyed, your Bitcoin always be in your non custodial wallet and there's no way it can be moved if you not create any transaction. 1 BTC = 1 BTC, if we talking about price, then it's a different matter. Even in the future Bitcoin is worth for zero, it's still Bitcoin after all. Actually I think cash do have lifespan because this world is currently shifting to digital technology using e-wallet or e-banking.


It's true, I also don't see bitcoin as a device that has an expiration date, is it a stock, does Amazon, Disney and other stocks have a shelf life? That is not well said, the correct thing is to say that if bitcoin one day will fall to zero and the probabilities are very minimal, almost insignificant of that happening, bitcoin does not depend on third parties or banks, governments, if it is said that bitcoin is the currency of the future, and a currency that is considered to be of the future does not have to expire.
sr. member
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February 13, 2023, 11:40:43 AM
#45
Bitcoin technology will continue into the future and as long as people still trust it and use it, bitcoin will always be there for them. Until now, people still benefit from using bitcoin. They can generate money and they can use it for various things. This is why people are still using bitcoin; if more people are willing to use it, blockchain technology and especially bitcoin, they can make more money in the future. But we also must remember that we don't know what will happen in the future. And as long as we can still get benefits, we can still use them.
For now they still trust it but when there are big difficulties that come in Bitcoin or there are new inventions which can possibly affect the performance of Bitcoin, that can be the time that people will doubt on it. Let's only hope that those negative things won't happen not until Bitcoin hit the most anticipated 1 million dollar mark.

We should only clear that to use Bitcoin is different from investing. When people invest in Bitcoin, they don't use their Bitcoins actively but they just let it sit from their wallets to earn passive returns. To use Bitcoin is when people use it actively for purchasing either offline or online or for sending bitcoins from someone else.
hero member
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February 13, 2023, 08:36:21 AM
#44
Bitcoin is a technology which i know quite well that technology can fails when another technology that's advantageous than the existing one is introduce. So from my perspective nobody can predict the life span of Bitcoin, because the existence of Bitcoin can be eradicated when theirs higher technology that's more of preferable than Bitcoin, give a year duration Bitcoin will last, it's just as personal assumptions which any other person can as well portray it's point due to it's understanding.
legendary
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February 13, 2023, 07:36:11 AM
#43
Yes, bitcoin has a lifespan, but we don't need to worry because I think with increasing demand for bitcoin, the life span can last hundreds of years, and we won't be alive, so there is no need to worry about that. Think how long you live and until you die, how many bitcoins you will have to give to your children, that is what matters.
Bitcoin doesn't have any lifespan, it doesn't like after 100 years later all of Bitcoin will be vanished or destroyed, your Bitcoin always be in your non custodial wallet and there's no way it can be moved if you not create any transaction. 1 BTC = 1 BTC, if we talking about price, then it's a different matter. Even in the future Bitcoin is worth for zero, it's still Bitcoin after all. Actually I think cash do have lifespan because this world is currently shifting to digital technology using e-wallet or e-banking.
sr. member
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February 13, 2023, 07:21:09 AM
#42
It has. try to use it for alts DCA and then flip. When the scale is in your favor.


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sr. member
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February 13, 2023, 07:19:21 AM
#41
Yes, bitcoin has a lifespan, but we don't need to worry because I think with increasing demand for bitcoin, the life span can last hundreds of years, and we won't be alive, so there is no need to worry about that. Think how long you live and until you die, how many bitcoins you will have to give to your children, that is what matters.
hero member
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February 13, 2023, 04:49:54 AM
#40
Bitcoin technology will continue into the future and as long as people still trust it and use it, bitcoin will always be there for them. Until now, people still benefit from using bitcoin. They can generate money and they can use it for various things. This is why people are still using bitcoin; if more people are willing to use it, blockchain technology and especially bitcoin, they can make more money in the future. But we also must remember that we don't know what will happen in the future. And as long as we can still get benefits, we can still use them.
hero member
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February 12, 2023, 10:43:37 PM
#39
Does Bitcoin have life span?

I'm not quite sure if you mean about Bitcoin lifespan, is it the existence itself or the value Bitcoin today?
Coz when you're asking about Bitcoin's existence, it's surely eternity as long as you don't lose access to your wallet.
While the price of Bitcoin remains uncertain, but for sure it will not die in our current timeline, and also, you don't need to worry about Bitcoin becoming stable or gradually lose value, because probably that'll happen after the last fraction of Bitcoin is mined and again that's not happening in our current timeline.
sr. member
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February 12, 2023, 10:08:22 PM
#38
Currently Bitcoin is one of the most popular currencies.  Bitcoin is popular all over the world. Bitcoin is currently legalized in many countries around the world. And Bitcoin is more popular in countries where people depend on technology. People in all countries where Bitcoin is legal use Bitcoin instead of their paper money in transactions.  However, many people may wonder that since many cryptocurrency coins have completely disappeared from the market, Bitcoin, like other coins, will also completely disappear from the market. All cryptocurrencies are usually dependent on Bitcoin so if Bitcoin ever disappears then it is unimaginable to have a cryptocurrency market. So I think Bitcoin is a reliable coin
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February 12, 2023, 09:32:39 PM
#37
Bitcoin has a lifespan, bitcoin will last until another technology takes its place. The world is still evolving, so it is very likely that in the future, there will be a technology that creates another asset class superior to bitcoin. Similarly, none of us ever thought that fiat would go away, but looking at the birth of bitcoin and the development of digital money, fiat being replaced is only a matter of time. It may not be bitcoin, it may be CBDC or another digital currency. The lifespan of Bitcoin will depend on human needs and technology development.

Yes true maybe there is more advance technology in the near future but Bitoin still at early stage i think the new technology that replace bitcoin happen in the next decade

but you have good point

Nothing lasts forever, everything will be replaced as technology evolves, but I believe bitcoin will not be replaced in the near future, that will happen in a few hundred years or maybe even longer. Fiat has been around for hundreds of years, and it took us hundreds of years to create blockchain technology, then I also think it will take hundreds of years before we can make a better technology than bitcoin. So we really don't need to worry too much about bitcoin's lifespan.
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February 12, 2023, 08:43:41 PM
#36
Bitcoin has a lifespan, bitcoin will last until another technology takes its place. The world is still evolving, so it is very likely that in the future, there will be a technology that creates another asset class superior to bitcoin. Similarly, none of us ever thought that fiat would go away, but looking at the birth of bitcoin and the development of digital money, fiat being replaced is only a matter of time. It may not be bitcoin, it may be CBDC or another digital currency. The lifespan of Bitcoin will depend on human needs and technology development.

Yes true maybe there is more advance technology in the near future but Bitoin still at early stage i think the new technology that replace bitcoin happen in the next decade

but you have good point
legendary
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February 12, 2023, 06:37:14 PM
#35
Bitcoin is completely backed by technology. When something developed with better technology than bitcoin, then bitcoin's survival might come to an end. But, for now there is no such technology and even the super computer doesn't have the capability to break the network of bitcoin. The record breaking quantum computer have got just 127 qbits which isn't enough. It requires qbits in millions to break bitcoin which could take generations or even centuries.
It will take generations quantum computers are growing at a very fast rate but 127 qbits is only what we have it is unimaginable that we would jump millions of qbits in a few generations it will probably be at least a century and will probably be multiple. I can not be sure but I do not think we have to worry about it in our life time. btc can adapt by changing to and there is no reason why we cannot hard fork and change the way public keys are displayed and change algorithms.

If we look at the stats available quantum computers went up very quick a few years ago and there are some quantum computers which have higher qbits but they are not the right quantum computers to challenge the btc algorithm. Quantum computers are not like personal computers they are created with 1 task in mind and are only made for that task but are very efficient at it. None of the quantum computers that are capable of breaking the algorithm are making great progress and because this particular quantum computer is harder it will be slower then other developments in quantum computing which means we will have a lot of time and will have a advanced warning before it happens.
full member
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February 12, 2023, 06:27:35 PM
#34
Absolutely, bitcoin is beyond comprehension and has shown every sign of it's durability and longevity. Bitcoin came at the right time when the world economy needed rescue from the powers that be and fortunately, Satoshi Nakamoto deed the needful by inventing bitcoin and since then bitcoin has passed through phases, becoming more relevant as time passes by.  More value added to the chain as it is being recognized as the first digital currency to have existed courtesy Satoshi Nakamoto invention. Talking about life span, I really do not think bitcoin is still at that stage and for your information, bitcoin has already created a niche for itself so the talk of life span is an understatement to the existence of bitcoin. As the first digital currency to have existed, it is otherwise now termed and tagged the digital gold.
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February 12, 2023, 06:08:31 PM
#33
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time?
Bitcoin is going to exist as long as there is the internet because Bitcoin is the internet of money in this modern era, Bitcoin has existed for over a decade now and with the level of adoptions and public awareness and continued persistence in building new milestones and price benchmark at regular intervals it then makes sense to say bitcoin does not have short life Spain just like some altcoins are doing.
-unlike Bitcoin,  Bitcoin have continues to break new heights and ground at regular intervals and daily basis, but then we must know that Bitcoin is here for a lifetime. Ewe
legendary
Activity: 1064
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Playgram - The Telegram Casino
February 12, 2023, 05:29:53 PM
#32
In conclusion, while there are no guarantees in the world of cryptocurrencies, Bitcoin's future looks promising as long as it continues to receive support from its community and remains adaptable to new technologies and developments.
The future is not only determined by the community and its users, but adoption and legality are good to be expected to help bitcoin and other crypto achieve a successful transition as an alternative currency or means of payment instead of just fiat.

Bitcoin has entered a new chapter as several countries have declared its adoption as a legal currency. While bitcoin continues to grow and gain many uses that are increasingly being exploited by its users [especially its use cases] so the future is determined from here. Government support is urgently needed, but at the same time bitcoin or other crypto users are increasingly centralized due to regulation.
hero member
Activity: 504
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Pizza Maker 2023 | Bitcoinbeer.events
February 12, 2023, 04:38:25 PM
#31

Everything in this world has a lifespan. After all, nothing is guaranteed to last forever. While Bitcoin has been doing well 14 years since its inception, it could die for unknown reasons in the future. PoW mining won't stop until all coins are mined by 2100, so there's no need to worry about BTC becoming "extinct" during our lifetimes.

If a better technology than Blockchain comes up before that, then it would be another story. Yet, Bitcoin is open source, so developers could easily adapt to the new tech if they want to. Bitcoin could be an "immortal" cryptocurrency, if that happens. How long will BTC last greatly depends on community support. As long as decentralization is preserved, nothing else matters. Just my opinion Smiley

Yes, that's a well-articulated viewpoint. Bitcoin, like any other technology, faces various challenges and uncertainties in the future. However, its longevity ultimately depends on several factors such as community support, technological advancements, and regulatory developments.

The open-source nature of Bitcoin gives it a certain level of adaptability, which could help it survive and evolve in the long run. Additionally, its decentralized nature and the presence of a strong and active community provide resilience against potential threats.

However, it's also true that newer and more advanced technologies could emerge that might surpass the capabilities of the Blockchain technology underlying Bitcoin. In such a scenario, the future of Bitcoin would depend on its ability to adapt and evolve to remain relevant.

In conclusion, while there are no guarantees in the world of cryptocurrencies, Bitcoin's future looks promising as long as it continues to receive support from its community and remains adaptable to new technologies and developments.
legendary
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www.Crypto.Games: Multiple coins, multiple games
February 12, 2023, 03:52:18 PM
#30
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

Everything in this world has a lifespan. After all, nothing is guaranteed to last forever. While Bitcoin has been doing well 14 years since its inception, it could die for unknown reasons in the future. PoW mining won't stop until all coins are mined by 2100, so there's no need to worry about BTC becoming "extinct" during our lifetimes.

If a better technology than Blockchain comes up before that, then it would be another story. Yet, Bitcoin is open source, so developers could easily adapt to the new tech if they want to. Bitcoin could be an "immortal" cryptocurrency, if that happens. How long will BTC last greatly depends on community support. As long as decentralization is preserved, nothing else matters. Just my opinion Smiley
sr. member
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SmartFi - EARN, LEND & TRADE
February 12, 2023, 10:30:45 AM
#29
I don't think bitcoin will go away someday, I mean, in the next few decades, that means bitcoin will outlive us a lot, so there is no need to worry too much about that. I believe bitcoin will survive and grow even more in the coming years because of what it is creating and people are slowly getting its value. Once the demand for bitcoin soars, it is nearly impossible to die or disappear.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
February 12, 2023, 09:39:17 AM
#28
Bitcoin will only be gone if this technology will shut down otherwise, it will just remain on the chain. Worst case scenarios are; all countries would ban usage of this digital currency or a war would start which will make ny currency having no values at all. But still, eitherway, Bitcoin will still exist if not on the wallet, it would be on blockchain space. Its market price is dependent with the demand it is getting from community of users therefore, that would also be the only factor to highly affect its 'existence'. Given that this technology runs in online platform, it is hard imagining that it will just be gone in an instant.
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
February 12, 2023, 02:53:07 AM
#27
~~~

TLDR (No, bitcoin doesnt have the life span)


Bitcoin has a lifespan, bitcoin will last until another technology takes its place. The world is still evolving, so it is very likely that in the future, there will be a technology that creates another asset class superior to bitcoin. Similarly, none of us ever thought that fiat would go away, but looking at the birth of bitcoin and the development of digital money, fiat being replaced is only a matter of time. It may not be bitcoin, it may be CBDC or another digital currency. The lifespan of Bitcoin will depend on human needs and technology development.
hero member
Activity: 2618
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DGbet.fun - Crypto Sportsbook
February 12, 2023, 02:12:56 AM
#26
Bitcoin is completely backed by technology. When something developed with better technology than bitcoin, then bitcoin's survival might come to an end. But, for now there is no such technology and even the super computer doesn't have the capability to break the network of bitcoin. The record breaking quantum computer have got just 127 qbits which isn't enough. It requires qbits in millions to break bitcoin which could take generations or even centuries.
sr. member
Activity: 714
Merit: 347
February 12, 2023, 12:57:04 AM
#25
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

Bitcoin will continue in the future mate, let me say bitcoin is just slowly moving to some place because of some local geographic area, bitcoin has a bright future ahead that will not be imagined because many youth are now who are deeply enlightened and also know about technology and also know about bitcoin, you can see that people are joining the forum day by day just in the name of bitcoin and to know much about bitcoin, so my opinion is that bitcoin will exist in the future without no doubt about it.
hero member
Activity: 2814
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Bitcoin is GOD
February 12, 2023, 12:01:44 AM
#24
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
You are asking a question for which there is no answer, taking into account what I know about bitcoin I would speculate that it is going to last for a very long time, way longer than my own lifespan, but this is still just a speculation as we have no idea what it may happen on the future.

It is up to you if you want to take the risk of investing in bitcoin or not, but before you do that I would recommend that you investigate more about it as there are several basic mistakes on your post.
full member
Activity: 952
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1xBit recovered their reputation
February 11, 2023, 11:17:10 PM
#23
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

Yes, they all have a lifespan, but how long it lasts, no one knows. If in the future there is no superior coin or bitcoin remains unbreakable by advanced technology, it still exists. Like fiat money, it has been around for hundreds of years, but with today's technology, cryptocurrency is taking the throne, and the lifespan of fiat money is slowly running out. Bitcoin will last until the world creates a new currency better than bitcoin.
full member
Activity: 1092
Merit: 227
February 11, 2023, 11:04:41 PM
#22
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes?

I am just impressed how this is completely contradictory. Technically this is wrong statement if you are talking about the bitcoin existence on the network.
As you know bitcoin is sort of "vehicle" which has value and it runs on the "highway" that is blockchain. However every time a vehicle runs on this highway it will embed it's footprint in the form of "data" which is added to the ledger and stored "permanently".
Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies.

Gold as digital currency? Something must be wrong in your understanding. Gold is physical asset with face value and Bitcoin is mostly referred to as digital gold. Though this is just said now and then to show that is is modern era Gold and valuable.

Will the technology of bitcoin continue in future time.

Let us understand one easy stuff, how bitcoin works in layman language? Well there are specialized CPU's who usage their programing power to solve an equation which gives confirmation for existence of the transferred bitcoin. With the time this equation is getting far more difficult and thus emission of new bitcoins is slowed with the time. Thus last ever bitcoin that will be mined is in the year 2140. So more than 100 years to go for it. By that time we will have around 21 million bitcoins in circulation and enough face value to adopt and use it everywhere. It's on going process, there is no limit until when it can last.
hero member
Activity: 1792
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Leading Crypto Sports Betting & Casino Platform
February 11, 2023, 10:29:37 PM
#21
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

The lifespan of bitcoin is the same as the value of bitcoin, I think it all depends on our needs. If people no longer need it, then people stop trading, stop holding and stop mining then it will be death for bitcoin as well as any asset. What is created by man, man is the one who decides their fate. But I think it can last longer than we think, look at fiat, gold has also been around for thousands of years, while bitcoin is absolutely superior, there is no reason why it should have a shorter lifespan.
copper member
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Part of AOBT - English Translator to Indonesia
February 11, 2023, 08:52:14 PM
#20
You need to see the bigger picture first at least you need to look at how bitcoin work in the past 10+ years. The price against inflation is might be one indication that bitcoin not gonna ending or in your case a "life span", and I see more and more people joining the crypto space.

People come and go and there is who stays. The biggest institutions start to look up and they don't want to lose this train.

More and more country start to regulate meaning can be an indication that people start to see it.

TLDR (No, bitcoin doesnt have the life span)
legendary
Activity: 1596
Merit: 1288
February 11, 2023, 06:59:27 PM
#19
As long as more people continue to believe that Bitcoin has value, this currency will continue to exist for quite some time.
Deep technical defects and failures are what will make Bitcoin worthless, something that would have happened in the early days, but now the network is much stronger than collapsing due to technical defects.

An international consensus remains on banning it, which is possible, but it will not make its value zero, but rather very low.
full member
Activity: 700
Merit: 205
February 11, 2023, 04:56:03 PM
#18
unless there is a massive bug/break that cant be fixed (early death) bitcoin has a life expectancy of atleast 120 years (lifecycles of the halvenings can keep producing block rewards for the next 120 years)
 how do you think it will be actualize,  more explanation supposed to be attached to it.

Quote
no one can predict the price of such during that time. but it has the tech to keep making blocks for rewards for 120 years before its then 100% dependant on tx fee to cover mining cost (needs utility to create desire to make tx to spend and cause a fee to apy for the blocks)
That means this explanation is briefing us that Bitcoin life span depends on  mining strength of miners, and also the buyers they are one that tells when Bitcoin will be out of the market or bitcoin will continue. When investors continue to buy from the miners that means the span of Bitcoin will be prolong.
sr. member
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Vave.com - Crypto Casino
February 09, 2023, 05:39:53 PM
#17
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
When we do talk about life span then the main keyword on here would be "DEMAND" not just on bitcoin but also in other coins or projects that we do have in the market because this would be the life of a certain coin

and if there's no demand then value would be zero at all which is understandable.Speaking the technical aspects then it cant be doubted that Bitcoins tech is a bit outdated i would say but it does really do the job and the security and popularity cant lie on how great it is.This is why we've seen that it is really that mainly sitting on the top.

There's no way for a coin to last up forever which is an absolute rule but as long the demand and recognition is there then it might last up a lifetime.No one knows on whats the future.
hero member
Activity: 2590
Merit: 644
February 09, 2023, 05:39:18 PM
#16
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
^Then I conclude you did not understand yet well the concept behind BTC technology.
BTC is a code on the computer that a holder has control over it, no one can destroy, control, or even make BTC vanish. It is on the people if they will stop accepting BTC. The fixed total supply of BTC will make the price goes up and down, no one can break the code and even change the protocol of BTC, that is why there are many forks of BTC that are created but they are not the same as BTC.
hero member
Activity: 3080
Merit: 603
February 09, 2023, 05:38:31 PM
#15
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
We can be confident as of this time that bitcoin is nowhere to go but here to stay. But just as other technologies, they're nonstoply upgrading and we'll see some other emerging technologies that might introduce another the same thing as bitcoin.
But as we know, we don't want to get into it too quick even if it's going to be backed up by a company which is most likely that will be the next thing that will be introduced in the market.
With bitcoin, we've got confidence and this is decentralized for which no company can ever introduce.
full member
Activity: 1303
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February 09, 2023, 05:31:00 PM
#14
We will know once we already reached its total supply, probably the market will react on this.
There’s still no assurance for the life span of Bitcoin as it is still young and still not recognized into many countries. Don’t over think, just focus on the current trend and continue making money beside there’s still a lot of time to reach the limit and that can be enough for you to make profit. There’s a lot of uncertainty in this market, just enjoy every possible way and make no pressure to yourself.
legendary
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Get $2100 deposit bonuses & 60 FS
February 09, 2023, 05:27:26 PM
#13
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.

Bitcoin is a technology and technology often has updates and upgrades this makes Bitcoin's lifespan virtually infinite as a technology because due to upgrades and updates, it will never be obsolete unless the developer gone tired and abandon the project.  The technology of Bitcoin will continue to be developed according to the needs.

In terms of economy, as long as there is demand for Bitcoin, it will never die and I am not seeing Bitcoin dead even after all its coins are mined out. 
sr. member
Activity: 1008
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Vave.com - Crypto Casino
February 09, 2023, 05:16:10 PM
#12
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Bitcoin is here to stay, maybe you can take a look from where it all started and where it is now. You can envisage from now to 20 years coming what will be the price of Bitcoin and the height it would have reached by then .
You don't need to keep pondering on what could be the long time effect of outcome of Bitcoin anymore. Bitcoin has brought another era to us where we would be able to make business transactions without the help of banks coming in as a third party to execute our business.
The crypto market fast growing and we should always look into the future with optimism rather fro the contrar.
legendary
Activity: 2338
Merit: 1084
zknodes.org
February 09, 2023, 03:11:00 PM
#11
It is difficult to predict the future of technology, including the future of Bitcoin. While some experts believe that the growth and development of Bitcoin technology will continue in the future, others believe that its growth may be limited or even disappear. It depends on various factors, such as the acceptance of the technology by the public, government regulations, and the stability of the market. To determine the future of Bitcoin, it is important to keep an eye on the developments in the technology, its user adoption rate, and any changes in regulations that may impact its use and growth.
legendary
Activity: 4410
Merit: 4788
February 09, 2023, 03:07:46 PM
#10
unless there is a massive bug/break that cant be fixed (early death) bitcoin has a life expectancy of atleast 120 years (lifecycles of the halvenings can keep producing block rewards for the next 120 years)

no one can predict the price of such during that time. but it has the tech to keep making blocks for rewards for 120 years before its then 100% dependant on tx fee to cover mining cost (needs utility to create desire to make tx to spend and cause a fee to apy for the blocks)

..
but as said. there could be an unavoidable break in bitcoin.

lets take tulips
unless there is a disease new tulips are made each year. no one can tell the price ofer the centuries but tulips carry on. unless there is a floral disease that kills off all tulips
even today 300 years after the "tulip mania" you can still go to a garden store and buy tulips
tulip mania did not kill tulips. it just caused mass panic of price and then the price dropped

i dont see it as a "if it can last 120 years lets not worry about early deaths"..
we should always stay vigilant and scrutinise review the code thats added to ensure things are not just allowed in that can negatively affect bitcoin early
i also dont see it as "something bad happened, lets call it time of death" either
its instead our duties to look after our wealth and the network and ensure that nothing goes wrong. by critiquing the devs to ensure they dont mess things up for the rest of us. in short. not be complacent
jr. member
Activity: 322
Merit: 1
Bitcoin the future of finance
February 09, 2023, 02:02:24 PM
#9
Deer Crypto New Learner , Bitcoin is a crypto develop for life time  using as means of financial freedom and it have limited supply which boost its value in future, As we hears that many countries accepting Bitcoin because of it importance and value in coming future ,
And when its mining is stops means its supply is fully distributed among crypto users then its market supply lows and demand is increasing day by day so as a result its value is goes very highs .
I thinks its may satisfy you and giving you a good information ,
if have any other question dm me .
legendary
Activity: 3024
Merit: 2148
February 09, 2023, 01:55:24 PM
#8
Right now all coins are supposed to exist as long as Bitcoin network exists. But who knows if that will be the case in the future. Bitcoin is software, there's nothing truly permanent about it, because software can change. In Bitcoin changes that are incompatible with existing rules would cause a network split between old and new versions, but if majority of users supports some change, the smaller chain might eventually die.

I can imagine that in some distant future bitcoiners will decide to destroy coins that are inactive for too long to make Bitcoin even more deflationary. But the probability of this is very-very low.
legendary
Activity: 1232
Merit: 1080
February 09, 2023, 10:25:19 AM
#7
Bitcoin has its lifespan until its network stops working if no miner runs their mining equipments (ASICs or other modern equipments in future) to mine Bitcoin. If the network will keep running, Bitcoin will not die and its lifespan will continue until death day.
If miners reduce the difficulty reduces I think you mean until no one sends any transactions because if they want to send a transaction and the difficulty is low they can process the transaction by mining the block with their computer because the difficulty would be low enough. Miners have nothing to do with the life span of btc instead it is people using it as a currency. ASICS would not exist if the difficulty was low enough we only have them now because we have a lot of people mining and the competition is high.
legendary
Activity: 2310
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Farewell o_e_l_e_o
February 09, 2023, 10:18:36 AM
#6
is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency.
Bitcoin has its lifespan until its network stops working if no miner runs their mining equipments (ASICs or other modern equipments in future) to mine Bitcoin. If the network will keep running, Bitcoin will not die and its lifespan will continue until death day.

Optimistically, after 14 years I see chance to see Bitcoin dies is extremely low.

You can discuss about Bitcoin lifespan with UTXOs. Each UTXO has its own lifespan until it is spent all by the owner. Let's look HODL waves with UTXOs.

https://www.lookintobitcoin.com/charts/hodl-waves/

Satoshi's vision
Right.  Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating.  In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes.  I'm sure that in 20 years there will either be very large transaction volume or no volume.
legendary
Activity: 3542
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Leading Crypto Sports Betting & Casino Platform
February 09, 2023, 09:52:11 AM
#5
Nobody will be able to give you a correct answer on your question, because all they can do ..are simply to speculate. We know Bitcoin will survive if it has some kind of use case... and currently it has several uses, for example :

1. Cheaper remittance between countries.
2. Cheaper transactions compared to traditional Fiat systems. (Bitcoin Lightning Network)
3. Pseudo anonymous money
4. Trading as an commodity. (like forex trading)
5. Sore of value and a possible counter against hyper inflation in many countries.
6. Unrestricted transfer of wealth.

These are just some of the use cases for Bitcoin, but there are loads more... so while this is the case, it will exist and it will be used.  Wink
sr. member
Activity: 728
Merit: 421
February 09, 2023, 09:39:42 AM
#4
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
Bitcoin I know is a new digital technology and has not stayed too much but it has gained this traction and control of the digital market. Bitcoin is now the digital gold but it now  equates store of value and so fast r, it has been doing very much alright. Based on technological innovation, I think there have never been any technology that can beat bitcoin in terms of digital finance. So far, to the best of my knowledge, bitcoin has surpassed the world largest market capitalization. Which means that bitcoin has created a strong digital market base so it would continue to exist as it takes the lead in the digital market and finance.
legendary
Activity: 1232
Merit: 1080
February 09, 2023, 09:20:27 AM
#3
It has enough of a life span for you and your children's children to use it that should be enough because fiat does not have a infinite life span and will collapse. The only way btc will reach end of life is if people stop using it or if all btc is lost by forgetting private keys or sending to burner addresses. That would take 100 of years and there could be changes to the btc code to help with that if it becomes a problem. I say digital currencies have a longer life span then physical because you do not lose digital currencies in the same way that fiat currencies can be lost. I have lost many euros in my life time. What you are asking is hard to answer because no one knows what will be in the future but we can say that btc is designed to last many generations and future generations could come up with a solution if btc popularity or usage is decreasing.

Gold might not be used as a currency forever it depends on what other precious metals we find. We find find new resources in space and gold becomes less popular as a way of storing wealth. We do not know what the future has planned we only know that btc will be around for a very long time. It is only gaining in popularity since it has been created.
sr. member
Activity: 672
Merit: 416
stead.builders
February 09, 2023, 09:19:23 AM
#2
is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency.

This means you're not yet acquainted to what bitcoin really is, the value you create with fiat is the same found with bitcoin and it acceptability, when we called it a currency and a decentralized one indeed, then it's a general medium of exchange anyone can adopt it's acceptance, though bitcoin is not acceptable in some countries but that doesn't deny the massive adoption it has and the trust people created in using it because it has great economical potentials and values than fiat, and when we talk about currency, only accept this that bitcoin is the only recognized cryptocurrency and will always be, you earn it, spend it, hold it and exchange it, bitcoin has cone to stay.

Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin

Gold is not a digital currency, it's an asset of investment that has been in use over a long time, bitcoin is both an asset and a currency, no other digital currency has been in use before bitcoin except for sone assets like gold and others.

their no longer existing and now Bitcoin has taken ground of other digital currencies.

Bitcoin has not taken ground from others, it has always been the first digital currency and asset, others comes in after it which makes them a pirate copy of the first decentralized digital currency, also as a matter of fact, other digital currencies are centralized but bitcoin remains decentralized.

Will the technology of bitcoin continue in future time.

Yes, base on what we have today and the future it has.
full member
Activity: 700
Merit: 205
February 09, 2023, 08:59:29 AM
#1
Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology, my major challenges I'm having and i do meditate seriously and have more concerned over it, is that Bitcoin does it have life span to be varnish or not be recognize again when time comes? Or Bitcoin is going to be a continuous process of digital currency. Referring Gold as a digital currency and others digital currencies that has being into existence before arrival of Bitcoin, their no longer existing and now Bitcoin has taken ground of other digital currencies. Will the technology of bitcoin continue in future time.
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