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Topic: How long bitcoin will survive ? - page 53. (Read 17566 times)

full member
Activity: 323
Merit: 100
December 05, 2017, 09:11:39 AM
I think bitcoin will last long enough. because bitcoin itself is a technology. In today's modern era of technology continues to grow. So bitcoin there will be development of existing technology. and it will last a long time. That's just my thinking.
full member
Activity: 462
Merit: 112
December 05, 2017, 09:09:20 AM
Bitcoin will survive many, many, many years from now.
There’s no doubt that it may happen as long as they continue to improve their selves and be consistent on what they are doing. In fact many experts say that bitcoin has a great potential in our industry.
hero member
Activity: 546
Merit: 500
December 05, 2017, 08:45:53 AM
there are many options for the future of bitcoin...I think that it will live while it is in demand...at the moment I see no reason that it can disappeared
full member
Activity: 336
Merit: 100
December 05, 2017, 08:08:34 AM
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.

Suppose that the vitality of Bitcoin is determined by the following factors:

- Coordination of network miners with the actions of developers;

- The cost of the product in comparison with the costs of hardware and operating costs.

It will live for at least 5-7 years or even more.
full member
Activity: 476
Merit: 100
December 04, 2017, 09:51:45 AM
Bitcoin will survive as long as there are people patronizing it. Almost everybody is earning from it, yearning for it. The demand is unquestionably high. Let us put it this way, as long as we need to put food in our table, that is the time frame of bitcoin. That is how i see it.
In my opinion bitcoin will survive for ever because bitcoin is very important for every one and it’s trying to go fast in market with high price and its now one of the favorite currency for every one bitcoin is also playing a very big role in economy of many countries and it also reduce unemployment so I believe that world will accept bitcoin because every country know how bitcoin can help them so bitcoin will survive for ever with high price.
member
Activity: 150
Merit: 10
December 04, 2017, 06:32:55 AM
It's hard so say how long bitcoin will survive. But, I believe bitcoin will survive in a long period of time.
newbie
Activity: 39
Merit: 0
December 04, 2017, 05:59:50 AM
Pretty much sure bitcoin will live for hundreds of years, it might even evolve and might be the future for us.
hero member
Activity: 2590
Merit: 644
December 04, 2017, 05:57:53 AM
The question is not one that can be answered right now. This is because since its launching, it has recorded quite a huge success. And also the fact that the whole world is evolutioning from paper currencies towards crypto currencies, thus bitcoins future is bright and shinning. I think it should last a long time.
in my opinion, bitcoin will continue to survive seeing the development and interest of more and more users, despite the bitcoin exchange rate. no one is 100 percent predicting the future. Everything about the digital currency can change at any time. I hope bitcoin is getting famous.
With the progress of bitcoin and the development, i think that the bitcoin will not just survive because it will also become one of the most popular and strongest cryptocurrency in the world and a lot of people will grab and implement it to their daily life because bitcoin is almost a perfect type of coin and we should grab it and put some attention to it so we are not going to lose the opportunities.
full member
Activity: 330
Merit: 102
December 04, 2017, 04:56:30 AM
The question is not one that can be answered right now. This is because since its launching, it has recorded quite a huge success. And also the fact that the whole world is evolutioning from paper currencies towards crypto currencies, thus bitcoins future is bright and shinning. I think it should last a long time.
in my opinion, bitcoin will continue to survive seeing the development and interest of more and more users, despite the bitcoin exchange rate. no one is 100 percent predicting the future. Everything about the digital currency can change at any time. I hope bitcoin is getting famous.
member
Activity: 188
Merit: 10
December 04, 2017, 04:53:07 AM
I think bitcoin will survive untill there are people who support it.
full member
Activity: 305
Merit: 100
December 04, 2017, 04:41:23 AM
for me bitcoin is one of the most popular virtual currency nowadays.. i think bitcoin still survive becoz people believe that they profit is going to rise if they still working on BTC also the investment..
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
December 04, 2017, 04:39:41 AM
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.
I think bitcoin will survive until people use it and invest on bitcoin and important has internet connection. Once internet connection gone bitcoin will dead too.

No one can say how long bitcoin will survive but as long as there is an internet then there is nothing to worry. Bitcoin really a good help for our daily needs. If their is an internet then bitcoin will exist but if ever internet will disappear then bitcoin will never exist. Bitcoin helps us on our daily needs. Bitcoin will survive until people use it and invest here. The most important to work withj bitcoin is you must have an internet connection.
hero member
Activity: 924
Merit: 502
December 04, 2017, 04:34:17 AM
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.
I think bitcoin will survive until people use it and invest on bitcoin and important has internet connection. Once internet connection gone bitcoin will dead too.

Yes, I agree, It will survive until people use this. We cant say how long it will survive  , as long as there is an internet connection then it will never disappear. Internet is the most important for bitcoin work. If internet will disappear then bitcoin will never exist too, but I guess its too impossible because right now technology is very popular so there is nothing to worry. If internet will dead, bitcoin too. Bitcoin is helpful so there is nothing too worry.
member
Activity: 104
Merit: 18
December 04, 2017, 04:27:35 AM
I think bitcoin will survive forever and even gonna get stronger and stronger and his value gonna get better and higher . Because more people every day investing there money in it
hero member
Activity: 910
Merit: 507
December 04, 2017, 04:23:42 AM
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.
I think bitcoin will survive until people use it and invest on bitcoin and important has internet connection. Once internet connection gone bitcoin will dead too.
sr. member
Activity: 1918
Merit: 370
December 04, 2017, 04:07:07 AM
I think Bitcoin will survive as long as there is demand for it or as long as someone invests on it, because as long as someone demands bitcoin it will never cease to make more.
copper member
Activity: 700
Merit: 120
Gamdom
December 04, 2017, 04:04:11 AM
As long as bitcoins has value and demand people will use this.And now bitcoin is on very high level so i don't see anything that Bitcoin will not survive.And honestly i think bitcoin will survive forever because it has some very good investor,miner and user
member
Activity: 686
Merit: 11
December 04, 2017, 04:02:47 AM
The question is not one that can be answered right now. This is because since its launching, it has recorded quite a huge success. And also the fact that the whole world is evolutioning from paper currencies towards crypto currencies, thus bitcoins future is bright and shinning. I think it should last a long time.
full member
Activity: 196
Merit: 100
December 04, 2017, 03:54:25 AM
Honestly, no one knows when bitcoin will survive. No one can really say when it will continue to dominate the crypotocurrencies. Since the value of bitcoin depends on the demand of the market, the one who buys and sells bitcoins. We can say that as long as more and more people continue to use bitcoin, it will continue to grow and expand. Unless another crypto will come to compete with bitcoin and dominate the altcoin industry.
hero member
Activity: 1568
Merit: 502
December 03, 2017, 01:49:50 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?

I agree. But who makes governments ? People. When people are welcoming to new era of economics then, obviously future will be different. As Bitcoin is SHA256 based highly encrypted block data chain which secured by contributing power for it, this is really backed by proof of Work.

Currently amount required for production of BTC is quite big and equal to current market price of Bitcoin. And in future difficulty, block heights, block size and number of contributors will increase compare to rewards generated by solving blocks. So obviously comparing demand and supply price of Bitcoin will skyrocket.
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