How long bitcoin will survive ? - page 18.

coinhunt

newbie

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Quote from: HabBear on October 08, 2017, 06:57:36 PM

The only honest answer is: for as long as two people or more believe Bitcoin has use and value.

The schedule for block rewards is set to extend out to the year 2130 so bitcoin mining (in its true sense) can continue for that long as long as there are transactions to produce work for.

Maybe an equally good question is: what could end bitcoin? If we think about it from that perspective we can identify what threats exist to seriously harm bitcoin.

One such risk is Governments. They can ban the use of bitcoin among retailers which would seriously diminish the opportunity for adoption growth.

What else?

"Maybe an equally good question is: What could end bitcoin? "
May be not only national government regulations can end Bitcoin, though I think it is the biggest obstacle to sort out. Among other reasons I believe there can be a lack of mass and legitimate adoption, or it can lose its value as people will stop believing in it as the source of quick and easy fortune by speculative trading.

babarian

full member

Activity: 658

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bitcoin has been around 10 or 11 years ago, and so long as bitcoin persists. therefore I am sure for the next 10 years bitcoin will also continue to survive. especially if more countries are receiving bitcoin amaka bitcoin will last longer than my prediction

congtuan001122asd

full member

Activity: 186

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Bitcoins are increasingly important in human life. Information technology is developing rapidly, the demand for electronic money has increased. So I think bitcoin will last a long time.

mackenzie5

newbie

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Bitcoin is the first digital currency invented by Satoshi Nakamoto in 2009. It has lots of attractive features for the emerging world.
Right from the very beginning Nakamoto programmed that the number of bitcoins are fixed to 21 million only. Now various parts of the world many groups are mining the bitcoin.since it is so popular world wide and day by day its demand is increasing and hence its price also shooting up.When ever the supply of bitcoin is stopping the demand will increase.The major attraction to bitcoin are
the decentralized nature ,anonymity and the entire transactions are recorded in an electronic ledger with block chain technology. The entire business communities are attracted to it so that they are saving money and time.So bitcoin can survive only up to the 21 million coins are mined.

mandycheng

newbie

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We don't know, but i think there will be other better coin to replace it in someday.
let's see...

hilman89

newbie

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My guess is that bitcoin will continue to exist as long as technology persists and continues to grow. unless the government forbids the presence of bitcoin inside the country.

bornMercurial

newbie

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Quote from: Rossy Akbar on October 08, 2017, 06:51:45 PM

Have you guys ever think how long is bitcoin will survive in this world? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those things. Just wonder to know.

I do not know how long Bitcoin will last. But I always hope that Bitcoin can survive until whenever. Hopefully, I hope, someday it can be realized.

Df9898

newbie

Activity: 196

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I think it depends on the circumstances if many are dropping bitcoin then bitcoin last only briefly if bitcoin guarded then bitcoin will last a long time and it's all tergantu State of the world economy if bitcoin on the drop then it won't last.

JacksonIsaac199

newbie

Activity: 21

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This is the era of development of the times and the explosion of the internet. That’s why we don’t have to worry about it as long as we still use it and the others do the same thing. Bitcoin would have a very low value or even die.because of decreasing in user will result in less demand. Even fiat currency experience the same challenges of devaluation on several occasion and that has stop its existence.

Minionnn

full member

Activity: 204

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At present, information technology is developing, digital currency is being used more and more. I think bitcoin will exist in long time, maybe when I die, bitcoin still exists. bitcoin has many benefits, we earn money from bitcoin and bitcoin important in our lives.

kikay15

member

Activity: 127

Merit: 10

Global Risk Exchange - gref.io

Quote from: Rossy Akbar on October 08, 2017, 06:51:45 PM

Have you guys ever think to how long is bitcoin will survive in this world ? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those thing. Just wonder to know.

Bitcoin is survivor if one person or all people will still continue using bitcoin it will last until forever. Because they know what is the value of bitcoi . So they dont allow that bitcoin will be vanished easily.we can teach our children in near future about bitcoin so it will not be vanished.

IRISlingk

newbie

Activity: 65

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Quote from: Maokz on March 06, 2018, 08:28:03 PM

we do not know how long the bitcoin will last, but if people's interest in bitcoin gets more then bitcoin will survive ...

I think bitcoin may exist as a payment method in the future, so bitcoin is likely to exist for some time in the future. As to when it will disappear, no one can predict it.

Maokz

newbie

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we do not know how long the bitcoin will last, but if people's interest in bitcoin gets more then bitcoin will survive ...

SUDARMONO

full member

Activity: 504

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I never thought about the end of bitcoin because bitcoin is the future of all of us, maybe negative news from a very influential country could affect the decline in bitcoin prices.

elwiswoodie

member

Activity: 378

Merit: 16

about 4 years to 10 years
when blockchain technology has been implemented by the government
and each country has a national virtual currency with a hybrid system

atetess

member

Activity: 305

Merit: 10

Quote from: Rossy Akbar on October 08, 2017, 06:51:45 PM

Have you guys ever think to how long is bitcoin will survive in this world ? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those thing. Just wonder to know.

Been thinking of that everytime because there is no permanent in this world and we need to think of our future. Bitcoin will surely survive because there are more users are now more engaged to invest with bitcoin.

Roman Coinson

member

Activity: 112

Merit: 12

i really think, that bitcoin just financial pyramid, so sometime will be the end of this currency.In my opinion,bitcoin will die in 2-3 years

Innocant

sr. member

Activity: 1414

Merit: 260

Don't know on how long the bitcoin will survive, But for now the bitcoin it was going to popular in the other country and still a number one in the market. And for that question bitcoin will survive and always being a active coins and a long term coins that we need to invest if we want to earn some profit.

lordmick

hero member

Activity: 868

Merit: 500

I think this is just a start of bitcoin era. All spheres, especially finance system transform to digital technologies. That's why bitcoin will be more powerful and develop as a payment tool and investment asset next 20 years. Just imagine how much will it cost with this temps of growth?

spaso_87

jr. member

Activity: 224

Merit: 1

Quote from: Rossy Akbar on October 08, 2017, 06:51:45 PM

Have you guys ever think how long is bitcoin will survive in this world? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those things. Just wonder to know.

As long as Bitcoin can always keep up with the times and the rapid development of technology. I'm sure Bitcoin will last forever. Then the Bitcoin price continues to rise, of course, this is very important for the development of Bitcoin in the future.

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