How long bitcoin will survive ? - page 81.

mrayazgul

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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.

Who knows, it maybe tomorrow or whenever the people gets into it and leave bitcoin at all, but I am in positive thinking that bitcoin will gonnaw grow and will survive forever because of the increasing volume of users here. and of course you cannot deny the increasing price of bitcoins also.

Afnan_faizah

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Quote from: adzino on October 20, 2017, 05:05:48 PM

There is no such thing as "bankrupt" in bitcoin. Bitcoin may lose its value, and the price may drop down extremely low, but chances are very low, unless the whole world bans bitcoin. But if everything remains stable, the price will keep on going up. The total coin supply is limited, but the demand for bitcoin will keep on increasing day by day as new investors starts to join causing the price to go up. Just simple economics.

Bitcoin price still could be fall but the probability is very very small. We are love to use smartphone and do virtual activity such as buy goods from online shop. Bitcoin is very appropriated for us, so I think people will use bitcoin when a lot of merchants accept it as payment option. I think the features of bitcoin such as limitation of maximum amount and halving makes bitcoin survive.

adzino

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There is no such thing as "bankrupt" in bitcoin. Bitcoin may lose its value, and the price may drop down extremely low, but chances are very low, unless the whole world bans bitcoin. But if everything remains stable, the price will keep on going up. The total coin supply is limited, but the demand for bitcoin will keep on increasing day by day as new investors starts to join causing the price to go up. Just simple economics.

Alexnelepa92

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Bitcoin is one of the perfections that at the moment we see.Every day more and more interesting things happening in the first place, we are seeing growth, and not so easy from him to get rid of for ages....and we will see when this coin will be worth 100000$

maxlimux

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Bitcoin survive when people beleave in it! There will ever been some of this people! Mybe Bitcoin drop really hard but it will survive!

jizenlianyong

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Of course, we can not say for sure whether there will always be bitcoins. However, for this there are all real chances, because we live in the era of information technology, and the existence of electronic currency is logical and natural. Many believe in bitcoin in the world, they invest money and ordinary people, businessmen and businessmen. And while bitcoin has people who believe in him, he will exist.

Baoo

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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.

Maybe bitcoin will survive for a long term and that's will be after 20 years easily and perhaps the popular of users will be much more compared with this period.

BTCbengi

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I would argue that Bitcoin will outlast paper money because of the increased human needs and Bitcoin can meet that need. Besides, we can not predict the future while it has not happened yet.

XCANA

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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.

As long as Internet remains bitcoin will remain in existence. Just like fiat currency that has been in the existence for several decay so also will bitcoin remain in as much as the internet remain in existence. The market value of bitcoin may depreciate but that will not stop its existence from people not to make use of it. Even fiat currency experience the same challenges of devaluation on several occasion and that has stop its existence.

humanvelocity

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Bitcoin will survive easily for next 10 years, Most of the people have no idea about bitcoins in most of the countries but still the value of Bitcoin keeps increasing so just imagine if everyone gets know about bitcoin business transactions will increase which will make Bitcoins value increase. TBH I feel like there is no end for Bitcoin.

Gheka

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Quote from: Md Saad on October 19, 2017, 11:52:46 PM

I believe Bitcoin will survive more than our generation will live. day by day Bitcoin is becoming a powerful currency in the virtual world, people are getting connected with this system more and more, a couple of countries already have approved it as a legal money so Bitcoin has made a tremendous effect on the virtual market. that is why I believe that Bitcoin will last for a long time.

Yeah, bitcoin is becoming popular and getting more support from investors everyday, and it's just in the early stages of development, so I have reason to believe that it will exist for a very long time until it stopped growing, people give up it and seek a better investment. However, I think want this to happen, we will wait for many more years, and I fear that we will die before that time happens, and really, I feel that bitcoins exist for 10 years or 100 years or permanently is not important, the important thing is the value that it can achieve and the profit it can bring to us, do not think too much about a future that we can not know, focus on the present, accumulate Bitcoin is better

jack1111

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Quote from: sublime5447 on October 20, 2017, 01:01:04 PM

when the world war 3 breaks out and the internet turned off, Bitcoin would have a very low value or even die.
because of decreasing in user will result in less demand.
as long as people use Bitcoin then Bitcoin will still be alive, long live Bitcoin!

World war 3? This is a joke, the 3rd world war is happening now, but with other tools, I do not believe there will be such war as you imagine, some countries' governments should have learnt from the past lessons.

sublime5447

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when the world war 3 breaks out and the internet turned off, Bitcoin would have a very low value or even die.
because of decreasing in user will result in less demand.
as long as people use Bitcoin then Bitcoin will still be alive, long live Bitcoin!

BITDV

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Quote from: Kray on October 20, 2017, 12:32:30 PM

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?

bad development, it’s like developing for a side or a group which benefits them and give losses to others which will make Bitcoin user become more less.

no one knows precisely when it will happen but it certainly won’t happen easily because as long as there are people still using Bitcoin even if it's just 2 or 3 people then Bitcoin still has value. 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.

Kray

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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?

bad development, it’s like developing for a side or a group which benefits them and give losses to others which will make Bitcoin user become more less.

Momoamzad

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How long bitcoin will survive can't be predicted . but I believe it will survive until every people knows about it . it will increase its worth value more & more in future

Md Saad

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I believe Bitcoin will survive more than our generation will live. day by day Bitcoin is becoming a powerful currency in the virtual world, people are getting connected with this system more and more, a couple of countries already have approved it as a legal money so Bitcoin has made a tremendous effect on the virtual market. that is why I believe that Bitcoin will last for a long time.

kodtycoon

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I'm very sure bitcoin will survive for a long time, instead of just thinking how long the bitcoin will survive, better now you are increasing your savings and investing in bitcoin so you do not regret it in the future. I'm sure bitcoin prices will be increasingly unreasonable with its high bitcoin prices, many of which say bitcoin prices will be $10000 by the end of the year although I myself not believe for that value it at the end of the year, but I believe in the next year price of bitcoin will probably reach that value.

DAVETUN

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Bitcoin is the currency of this age

Bitcoin has cone to stay as a majot means of exchange,the world is evolving,befor fiats its trade by barter,we are in a new dispensation where crypto currency is the new income generating platform

Minionnn

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This is the era of development of the times and the explosion of the internet. So bitcoin grows and spreads quickly. I think bitcoin will last a long time until I die, bitcoin still exists.

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