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Topic: How long could bitcoin last? - page 12. (Read 23198 times)

member
Activity: 116
Merit: 16
September 06, 2017, 08:51:22 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.
Based on what I'm seeing now, bitcoin can possibly be invulnerable and stay as a part of everyone's living. It is expected that sooner or later bitcoin will be used by almost everyone around the world because the influence of it is growing more and more as time passes by. Many are attracted to it because of it's high value which may be a factor why it will last longer than you are expecting due to the user's growth.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
September 06, 2017, 08:20:45 PM
No person can say when will a thing would end or previous. Identical with bitcoin. It is extremely unpredictable and quite difficult to conclude. Right after the fork bitcoin is genuinely doing nicely. And many speculates that bitcoin would rise greater. Possibly time will come that the price would decrease but its part of the line. So let's take pleasure in every thing that bitcoin is supplying appropriate now.
Yes true however people can do to the price of bitcoin and thats would be the awesome thing also price of coins nowadays is unpredictable the fact is no one know when the bitcoin will blow like a bubble therefor there still a lots of user and still counting growing the community to the better and yes bitcoin still counting the growing

I don't see why people keep asking this question. Bitcoin is not a vulnerable system, so it shall live forever as long as we have internet connections alive!

That much easy to understand this, this is not a topic to make speculation. We can never know this.
The life of bitcoin is not dependable to the internet because internet will stay forever but bitcoin will not be like that because we have so many factors to base like the difficulty of mining of bitcoin which can make the life of bitcoin in danger because if the mining difficulty is very high then it will make for the small miners not profitable and they will leave bitcoin.
member
Activity: 208
Merit: 84
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September 06, 2017, 08:20:04 PM
100% this. Nobody knows. There are a lot of BTC speakers in conferences that appear to be smart and all knowing but really they dont have any idea what they are talking about. If you ask each and one of them how long it could last, you will get a different answer from each of them. Their answers could also change after some time too as BTC develops.

In my view, bitcoin will greatly change as it is adopted.  Payment systems have always had to adapt to changes in the environment they are used in.  Checks used to be cleared by transportation through trains and automobiles.  Today its all done via imaging.  Credit cards, which started out as metal plates, were once deposited like checks with a manual imprint of the embossed numbers.  Along came electronic terminals that changed the game.

PayPal was, and is, a game changer that got people to hand over their financial details to a trusted website so that they could purchase from less trusted places -- often people, on eBay.

Bitcoin needs wider acceptance, and it will get there.  There will be a "tipping point" of mainstream acceptance and then all the major online merchants will rush to implement BTC payments on their platforms.  High speed transactions are a must.  Merchant costs / transaction fees in line with credit card payments are a must.  If SegWit doesn't get BTC there, other innovations will come along and make that happen.

If bitcoin keeps innovating to address challenges, expand its capabilities, and promote ever wider usage, it could "last" as long as any form of currency.  In fact, because it is not tied to any particular country, culture, or language, it could last longer than those that are.  Silver and gold have been used as a store of value for thousands of years.  Bitcoin (though from a technical perspective it will likely look very different than what it is now) could last just as long.
full member
Activity: 217
Merit: 100
September 06, 2017, 08:10:08 PM
No person can say when will a thing would end or previous. Identical with bitcoin. It is extremely unpredictable and quite difficult to conclude. Right after the fork bitcoin is genuinely doing nicely. And many speculates that bitcoin would rise greater. Possibly time will come that the price would decrease but its part of the line. So let's take pleasure in every thing that bitcoin is supplying appropriate now.
Yes true however people can do to the price of bitcoin and thats would be the awesome thing also price of coins nowadays is unpredictable the fact is no one know when the bitcoin will blow like a bubble therefor there still a lots of user and still counting growing the community to the better and yes bitcoin still counting the growing

I don't see why people keep asking this question. Bitcoin is not a vulnerable system, so it shall live forever as long as we have internet connections alive!

That much easy to understand this, this is not a topic to make speculation. We can never know this.
legendary
Activity: 1036
Merit: 1002
September 06, 2017, 07:55:42 PM
No person can say when will a thing would end or previous. Identical with bitcoin. It is extremely unpredictable and quite difficult to conclude. Right after the fork bitcoin is genuinely doing nicely. And many speculates that bitcoin would rise greater. Possibly time will come that the price would decrease but its part of the line. So let's take pleasure in every thing that bitcoin is supplying appropriate now.
Yes true however people can do to the price of bitcoin and thats would be the awesome thing also price of coins nowadays is unpredictable the fact is no one know when the bitcoin will blow like a bubble therefor there still a lots of user and still counting growing the community to the better and yes bitcoin still counting the growing
newbie
Activity: 42
Merit: 0
September 06, 2017, 07:45:15 PM
No person can say when will a thing would end or previous. Identical with bitcoin. It is extremely unpredictable and quite difficult to conclude. Right after the fork bitcoin is genuinely doing nicely. And many speculates that bitcoin would rise greater. Possibly time will come that the price would decrease but its part of the line. So let's take pleasure in every thing that bitcoin is supplying appropriate now.
sr. member
Activity: 2618
Merit: 335
September 06, 2017, 08:33:22 AM
As long as there are users, Bitcoin will continue to exist. Even if major pools decide to stop mining Bitcoin, users could take the lead and start mining it, and mining would be much more decentralized in the hands of many users.
Yes, how long bitcoin will last is determined by we the community, though it’s not just the community, but including the devs. We’ve got a long way to go with bitcoin, and a lot of success to achieve. Bitcoin is never ending until we say it’s over.
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legendary
Activity: 1862
Merit: 1015
September 06, 2017, 12:23:41 AM
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. There are speculations that it will last for 20 more years. And I would say that it will be possible based on the statistics of Bitcoin's market value and demand. It is continuously increasing as of this moment. And like other users, I am also expecting for more from Bitcoin.

Bitcoin can last forever unless a new coin overtake bitcoin or the internet shuts down. Bitcoin needs the internet, crypto transparency to exist. Until these will exist I don't see any reasons why it should go away.


As I can see bitcoin always increase all the time ( from 2010 until 2017 ) and some big company such like microsoft also accept ETH for example which mean more country aware and start trusting bitcoin. If this keep continue, it's not difficult for bitcoin to keep exist for longer period ,
sr. member
Activity: 574
Merit: 250
September 06, 2017, 12:18:32 AM
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. There are speculations that it will last for 20 more years. And I would say that it will be possible based on the statistics of Bitcoin's market value and demand. It is continuously increasing as of this moment. And like other users, I am also expecting for more from Bitcoin.

Bitcoin can last forever unless a new coin overtake bitcoin or the internet shuts down. Bitcoin needs the internet, crypto transparency to exist. Until these will exist I don't see any reasons why it should go away.
full member
Activity: 151
Merit: 100
September 05, 2017, 09:28:23 PM
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.
You are very right. Bitcoin will definitely exist technically even if only two people just use it between each other. We don’t have to think on the existence, it will last for a long time as we can analyze it now. The question must be the usefulness of bitcoin in a layman life, that matters I suppose.

Yes, the question must be how functional it will be for peer to peer transfers. Bitcoin can exists for centuries, and this doesn't make sense alone. We need it to be a groundbreaking money transfer system.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
September 05, 2017, 09:10:02 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. There are speculations that it will last for 20 more years. And I would say that it will be possible based on the statistics of Bitcoin's market value and demand. It is continuously increasing as of this moment. And like other users, I am also expecting for more from Bitcoin.
sr. member
Activity: 602
Merit: 250
September 05, 2017, 07:36:24 PM
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.
You are very right. Bitcoin will definitely exist technically even if only two people just use it between each other. We don’t have to think on the existence, it will last for a long time as we can analyze it now. The question must be the usefulness of bitcoin in a layman life, that matters I suppose.
hero member
Activity: 2352
Merit: 594
September 05, 2017, 09:51:36 AM
We cannot tell if how long bitcoin can last because the future is not predictable and there is a lot of things that can happen in bitcoin so if you are going to imagine the future of the lifespan of bitcoin then it is nearly impossible for a person to predict.
member
Activity: 259
Merit: 76
September 05, 2017, 09:34:27 AM
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.

Logically speaking, Bitcoin will last until there is still an individual using it. I believe and I hope that Bitcoin will be still patronize by a lot of people until the future. my only wish to bitcoin is to continuously upgrade their features so that they will be still on the line.
hero member
Activity: 686
Merit: 510
September 05, 2017, 09:23:20 AM
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.
Of course, it will last long maybe it's forever. We don't know yet about our future but Bitcoin is a part of currency that could last forever in this world. Price will be going up in the near future. Bitcoin shows the progress in our industry.
full member
Activity: 223
Merit: 100
September 05, 2017, 09:21:32 AM
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 market value of Bitcoin can crash at any time depending on what the investors want to happen. It would require a conscious effort from basically everyone invested in Bitcoin to crash the price, meaning everyone stops buying and people keep selling. That's the only way that they would be able to crash the value, and that's nearly impossible outside of variables influencing everyone to sell instead of hold or buy. As for Bitcoin staying alive for such a long period of time, it is possible if the community wants to stay with Bitcoin for that long, and so far it looks like the community is going to keep supporting Bitcoin.
Its unpredictable for me. Because its depending on the investors. Because if theyre still invesring maybe bitcoin will not die because it is being trusted. Also its unpredictable because of the unstableness of the value of bitcoin.
sr. member
Activity: 322
Merit: 250
September 05, 2017, 08:58:25 AM
I feel that bitcoin will exist eternally, but no 1 can ensure that it will not be the 1st crypto forex in the list. Probably there will be yet another currency that will shift it to second place.

No not at all. Bitcoin will surveys till the last man survive in this world earth.Many Altcoin will come and go.But bitcoin will surveys till the crypto currency is live.But the developer of bitcoin should update the software,for the growth of bitcoin. If they fail to do that the value of bitcoin will reduce some how.
newbie
Activity: 43
Merit: 0
September 05, 2017, 08:43:16 AM
Bitcoin will last forever . Hail Bitcoin ! Hail Satoshi! Hail Bitcointalk!
newbie
Activity: 39
Merit: 0
September 05, 2017, 07:46:02 AM
I feel that bitcoin will exist eternally, but no 1 can ensure that it will not be the 1st crypto forex in the list. Probably there will be yet another currency that will shift it to second place.
member
Activity: 120
Merit: 10
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September 05, 2017, 06:52:47 AM
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.
Yeah it can be possible that bitcoin can be last long. And nobody can say or know what is the end for bitcoin, it was very hard to predict because bitcoin is very volatile and unpredictable, even the experts didn't know what is the end of bitcoin/ how it can be last.
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