How long could bitcoin last? - page 11.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: ?? on ??

As long as there is internet bitcoin will always live like theres no end.

Not necessarily. Bitcoin may evolve or it may ve replaced by etherium or other cryprocurrencies that haven't been released yet. One thing's for sure, the more people trusting btc, the stronger it will get and with the number of people supporting it right now, i cam say bitcoin will last for a long time

CoinSpeculator

sr. member

Activity: 420

Merit: 250

it will live till to quantum computer.
if quantum computer will come that will crack all the keys and passwords.

youngagethinker

full member

Activity: 193

Merit: 100

Quote from: hachiman13 on August 28, 2017, 10:12:58 PM

We could never foretell the fate of bitcoin in the far future, perhaps we could but that's practically nonsense.
With the emergence of many Altcoins and ICOs out there we could never really predict what could happen but one thing is for sure, bitcoin is the best we have right now.

Even tho some traffic and miners fee isues, BTC is one of the best standing cryptocurrency that is not broken. And that's why people are putting trust on btc. In my opinion even if we have some improvements like Bitcoin cash, at least they can offer us the same amount of Bitcoin cash and same amount of btc which when they want to improve it again we won't have to think that our btc will be lost as long as we have our privete keys we can still access them.
Even windows have an older version.
And the Moore's law can make up to ad infinitum so in 10 or 20 years, the blockchain will improved and we must accept the change.

Sabar90

newbie

Activity: 26

Merit: 0

How long Bitcoin can survive depends on the user, as long as there are users then Bitcoin can survive, and judging from the current situation Bitcoin can survive for a very long time, because those interested in Bitcoin continue to grow, so Bitcoin users continue to increase and some countries even already begin to legalize bitcoin

man1996

member

Activity: 84

Merit: 10

No one knows about the future as anything can happen.Maybe the only thing left in the world in the future will be bitcoin or bitcoin can also vanish in the future.

enwi

full member

Activity: 588

Merit: 101

Quote from: Crapz23 on July 09, 2017, 12:21:37 PM

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

nobody knows about how long bitcoin can be trending of digital currency, but i believe bitcoin can be the future of payments.

FLoving

hero member

Activity: 1022

Merit: 521

Quote from: BartS on September 07, 2017, 11:51:14 PM

Quote from: ironm@n on September 03, 2017, 11:40:42 AM

Quote from: Rizky Aditya on September 03, 2017, 10:05:14 AM

Quote from: Cazkys on August 31, 2017, 10:57:04 PM

Price will always depend on its popularity, based on supply and demand not its existence. I do believe that Bitcoin can last long since it’s till gaining popularity, still gaining users and investors. It will likely stay for a while until a new digital currency dethrones. But that’s still a long way down the road. And it will not crash at a random time. If it did, there will be a rational explanation for it. It can be a discrepancy or an outside environs fucking up with it.

Yes. There seems no such sort of thing which can demolish the future of Bitcoins. But you never know what will happen next. Looking at the way how it is gaining popularity amongst investors, it will be unjust to say that Bitcoin holds a dark future. It is just a matter of time that will prove us otherwise.

Well, there is always a risk of bad things happening, like government attacks and internal conflicts involving developers and miners. However, due to its decentralized nature, it is very unlikely that governments will shut down Bitcoin.

Regarding internal conflicts, the worst thing that could happen would be another fork, in which case the market could decide which is the best.

The problem with forks is that it weakens bitcoin, a fork in any other open source project most of the time is a good thing since you get two different visions of a product, and while we get that with the forks, at the same time, that takes hash power away from bitcoin and also creates confusion among people about which coin to back with their support.

Forks not always weaken bitcoins, some time they do help in making bitcoins famous around the globe. Bitcoins are very much famous in the digital world and I think people are not easily going to stop suing bitcoins because they have tasted the huge profits in the company of bitcoins.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: ironm@n on September 03, 2017, 11:40:42 AM

Quote from: Rizky Aditya on September 03, 2017, 10:05:14 AM

Quote from: Cazkys on August 31, 2017, 10:57:04 PM

Price will always depend on its popularity, based on supply and demand not its existence. I do believe that Bitcoin can last long since it’s till gaining popularity, still gaining users and investors. It will likely stay for a while until a new digital currency dethrones. But that’s still a long way down the road. And it will not crash at a random time. If it did, there will be a rational explanation for it. It can be a discrepancy or an outside environs fucking up with it.

Yes. There seems no such sort of thing which can demolish the future of Bitcoins. But you never know what will happen next. Looking at the way how it is gaining popularity amongst investors, it will be unjust to say that Bitcoin holds a dark future. It is just a matter of time that will prove us otherwise.

Well, there is always a risk of bad things happening, like government attacks and internal conflicts involving developers and miners. However, due to its decentralized nature, it is very unlikely that governments will shut down Bitcoin.

Regarding internal conflicts, the worst thing that could happen would be another fork, in which case the market could decide which is the best.

The problem with forks is that it weakens bitcoin, a fork in any other open source project most of the time is a good thing since you get two different visions of a product, and while we get that with the forks, at the same time, that takes hash power away from bitcoin and also creates confusion among people about which coin to back with their support.

Wexnident

hero member

Activity: 2576

Merit: 666

I don't take loans, ask for sig if I ever do.

Quote from: Crapz23 on July 09, 2017, 12:21:37 PM

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

No one really knows until when will bitcoin last or exist. But based on the overall statistics of Bitcoin as of this moment, there are lots of people that are now interested to it together with big companies and investors which I think, will result for Bitcoin to last for a long period of time. I think it would last for 20 more years and when that day come, Bitcoin is already legal to most of the countries.

Duzter

sr. member

Activity: 1092

Merit: 256

Leading Crypto Sports Betting & Casino Platform

Bitcoin will last for a longer time period, because with several calculations it's clear that bitcoin last more than 100 years. When this becomes reality the growth will be enormous reaching a bigger price point. No need of any discussion about the long lasting, because even when the mining gets stopped the mined coins keep on circulating to create a value.

Shikaina

full member

Activity: 364

Merit: 103

Quote from: Crapz23 on July 09, 2017, 12:21:37 PM

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

Well, the price is going down but not so hard as you say it is. If we compare the price of bitcoins now to how much it was years back, the price is still high and everyone is expecting it to rise more. For those who benefit good from bitcoin, i think they will never think that it crashing down or will crash down in the future.

robbietobby

member

Activity: 294

Merit: 11

If bitcoin (btc) marks the line it should have been forever in existence, and never been down low. I think bitcoin would improve and be still improve in a decade since more and more people are getting use to it. It is better that the people itself would be the "bank" that doing a lot of transactions.

digitalgame4life

full member

Activity: 378

Merit: 105

Active forum member, A+ poster, PM good sign camp.

I think Bitcoin will last for the next decade and its gonna keep circulating and people will use it, although I think it will be very hard to get in the future ( it is hard to get right now) , on the other hand even if bitcoin keeps staying alive I think factors like government ban and law will make it a little bit harder for people to invest in bitcoin in the near future, that is why I always say that we are not free in this world due to government involvement !

NewBet

hero member

Activity: 966

Merit: 500

Simple. Forever. Bitcoin could last until the end of Humanity. It is setup to do this. It is just like physical gold, only virtual and I am sure people agree you cannot destroy all of the physical gold on Earth, and just the same we cannot destroy all of the Bitcoins. Technically, we could do both, but in reality it won't happen (obviously).

Razick

legendary

Activity: 1330

Merit: 1003

Satoshi himself said that Bitcoin will either work, or it won't. There would either be massive transactions in the next decades, or there would be zero. It seems like Bitcoin is quite polarizing. If it works, it works and if it doesn't it doesn't. It is sort of like a social experiment, but much more than that because there is legitimate new revolutionary technology in the blockchain (which Bitcoin is based on).

Hishand

newbie

Activity: 41

Merit: 0

There is a huge reason why human beings are normally not granted an ability to foresee the long term...daily life could be distinct if we know what can occur soon and into the considerably potential and we will be living in concern and not genuinely get pleasure from daily life. Permit us go away that prediction work to the individuals who are gifted sufficient by the divine power to see the potential. As to Bitcoin and any digital coin for that matter, we know the power of the industry...of the law of offer and demand from customers. For as prolonged as there is a demand then perhaps Bitcoin can continue to exist or else it would just die a normal demise.

KingdomHearts

hero member

Activity: 896

Merit: 514

Quote from: BartS on September 05, 2017, 01:03:24 AM

Quote from: armored on August 30, 2017, 02:26:06 AM

Bitcoin will continue to exist as long as there are computers connecting to each other over the internet. Simple as it sounds.

While that is true if bitcoin was only used by two people that exchanged bitcoin among them, bitcoin will still technically exists and be used but at that point bitcoin will be useless and irrelevant and I think that is not something that anyone in the forum wants, so it is not only a matter of survival it is a matter of bitcoin being useful for the people and I do not see a reason why bitcoin will stop doing exactly that especially now that segwit has been activated.

Yes, I hardly think of a time when we’ll see that there exists no more Crypto currency especially Bitcoin. I believe it will last as long as you can even think of. It will for sure rule the world one day. It will be really hard to see the end of an era of Bitcoin. I think it will take centuries to happen.

entrepmind23

sr. member

Activity: 644

Merit: 261

Quote from: gokudera on September 06, 2017, 08:58:17 PM

The bitcoin's existance is still unpredictable now but still if you are going to base it on what you are witnessing right now. You can conclude that bitcoin may really be the future cryptocurrency for all wherein it can be used by everyone anywhere, there are no limitations and the access is made easier than ever. Knowing that it is through internet connection, there could really be a lot of things to happen in the future due to innovations.

It's still unpredictable but if people will still continue to use bitcoin then bitcoin will have a good future and may still be existing for the years to come. As we can observe now, bitcoin still continues to attract attention of the investors that's why the recent announcement of China banning ICOs did affect the price of it but then we can see that it reverse and continues to go up. There are others who said that the downtrend is not yet finish and will continue in the coming days which may happen and all we can do is to observe the market and make necessary actions in case it is showing signs of going down again.

majdoso

full member

Activity: 126

Merit: 100

The cryptography on which the Bitcoin is based has also protected banks for many years.
the Bitcoin has already withstood many forms of attacks.

gokudera

member

Activity: 256

Merit: 36

Quote from: Crapz23 on July 09, 2017, 12:21:37 PM

As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.

The bitcoin's existance is still unpredictable now but still if you are going to base it on what you are witnessing right now. You can conclude that bitcoin may really be the future cryptocurrency for all wherein it can be used by everyone anywhere, there are no limitations and the access is made easier than ever. Knowing that it is through internet connection, there could really be a lot of things to happen in the future due to innovations.

Topic: How long could bitcoin last? - page 11. (Read 23198 times)