How long could bitcoin last? - page 16.

Bunsomjelican

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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 can tell how long could bitcoin last, due to none of the bitcoin community knows what will happen tomorrow or in the near future.
It is depend on the demand of the bitcoin users to find out the life span of bitcoin, as long as there a huge of bitcoin patronizers it will be last forever. Wink

CARrency

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Quote from: Glorypaasa on August 25, 2017, 08:55:01 AM

I think bitcoin is endless becuase of this value continiously to rise and rise in the future so i think bitcoin dont die because i think bitcoin is the new era of our currency. And i think all people became rich in the future becuase of bitcoin.

I think you are right, but I think it will still experience some ups and downs that may become one of the reason that may make it more popular or less popular. I just hope if many people will be using it, we are using it efficiently and comfortably with less problems.

Tenderino

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Bitcoin itself surely can last 20 years or even endless.

The price in fiat money can of course crash at any time like it already happened in the past! But the price crashing is only an issue for the speculators, for the daily users the price of bitcoin does not play much a role when you exchange your fiat money at the time when you want to pay something.

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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 can answer this question precisely. It eill just a matter of predictions and speculations. But as what is seen on Bitcoin's demand and market value as of this moment, I think it is possible. Its community is now even larger, because there are more people that are now being interested to Bitcoin and its price is continuously increasing. Ofcourse, there's still a chance for backdrops since Bitcoin is volatile, but it won't last for a long period of time.

Glorypaasa

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I think bitcoin is endless becuase of this value continiously to rise and rise in the future so i think bitcoin dont die because i think bitcoin is the new era of our currency. And i think all people became rich in the future becuase of bitcoin.

TIDOVEE

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bitcoin has features that can surely last for the future, the only challenge I think bitcoin can have is eruption of stronger cryptocurrencies as long as bitcoin keeps upgrading, it is unshakable.

Shiller2009

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No one can accurately predict how long bitcoin will exist. I think in the next 5-10 years it will still be very good to develop and grow in price. Now it is only beginning to gain momentum.

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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.

Bitcoin's power as of today is indeed so strong that it can get through all the obstacles it may experience. It has a very large value that's why there are a lot of people running over for it nowadays and I can consider myself as one of them. I don't think it will crash anymore because as to what I've witnessed this pass few years, it hasn't happen to bitcoin yet. Many can also testify about bitcoin's efficiency and I think that will be enough to prove that bitcoin will still last long.

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Quote from: Yakamoto on July 09, 2017, 12:57:09 PM

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 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.

Bitcoin may be the future currency of everyone in the world and we are all aiming to have atleast one bitcoin in our life. The possibility that it will be the future currency made it carry the responsibility to go on for more innovations that will help in avoiding some unecessary circumstances like crashin or failure in transacting. Bitcoin's future is very unpredictable but we are all hoping to see it be successful so that we may benefit all the help we can get from it.

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Quote from: gabmen on August 25, 2017, 08:22:44 AM

Quote from: Lmaooo on August 25, 2017, 04:12:31 AM

Yes, nobody knows exactly for how long bitcoin is going to last. But for sure bitcoin is going to have ups and downs in the market that is called market correction. Cool

Well it may last long or something may happen but right now, it would be best to take advantage of what bitcoin can provide to us. If we continue supporting bitcoin, i think it would last a pretty long time.

I think it will be having a long time to live but the thing is that even if it last for my lifetime, in the near future, there will be always a problem about this digital currency, maybe the traffic because there is a lot of users of this digital currency or maybe because of the problems of the persons behind.

Bohxz M4p4gm4h4l25

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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 improvement of bitcoin is surely well managed so I think it would not happen that bitcoin will crash. The price of it is very high right now and we are all happy about it, I don't think the price of it will go down hard anymore because the users and investors of it are already increasing in number. I don't think bitcoin will last because I think it will live forever and it will be a part of our life wherein we are going to use just like how we use our currency nowadays.

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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.

We all know that no one can predict how long can bitcoin last but knowing that it is already known by almost everyone in the world make is it more complex. Bitcoin's value is rising continuously which will attract many users and investors through it which will lead for them to expect so much in bitcoin. There are a lot of people using bitcoin nowadays and we all know that it may cause bitcoin to crash and we don't want that to happen. No one can ever say how well improved bitcoin is but as it lives still until today makes it prove itself.

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Quote from: Lmaooo on August 25, 2017, 04:12:31 AM

Yes, nobody knows exactly for how long bitcoin is going to last. But for sure bitcoin is going to have ups and downs in the market that is called market correction. Cool

Well it may last long or something may happen but right now, it would be best to take advantage of what bitcoin can provide to us. If we continue supporting bitcoin, i think it would last a pretty long time.

Sand King

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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.

I can't see bitcoin crashing, I mean after all the innovations made all over the years. All I can say is that has become more complex because the moderators are aware that there are a lot of people aiming to have bitcoin in their life. It's influence started to spread when the value of it increased so high. Many started to talk about and many also get in to it. Yes, it may happen that some troubles will occur but the fact that bitcoin is improving will remove the possibility that it may crash.

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Yes, nobody knows exactly for how long bitcoin is going to last. But for sure bitcoin is going to have ups and downs in the market that is called market correction. Cool

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Quote from: spyerf on August 24, 2017, 11:05:19 PM

I think it depends on the public interest. Bitcoin will continue to say that people will be attracted to him. And now people's interest in bitcoin is increasing so the importance of bitcoin also increases, hopefully this trend will continue for a long time, because not everyone knows and understands what bitcoin is and how to get it and use it.

People are now in accepting and opening their mind in bitcoins and it is now the time that bitcoins are spreading i've heard it in my country to my untie they are asking me about it because some people to her about it but she is now interested after knowing the current price unlike after a year ago. Bitcoins will be more than needed in the future and the demands of it will still grow.

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Quote from: janedt on August 24, 2017, 11:18:30 PM

Quote from: spyerf on August 24, 2017, 11:05:19 PM

I think it depends on the public interest. Bitcoin will continue to say that people will be attracted to him. And now people's interest in bitcoin is increasing so the importance of bitcoin also increases, hopefully this trend will continue for a long time, because not everyone knows and understands what bitcoin is and how to get it and use it.

Yes, if no one using bitcoin again, bitcoin will be dead by itself because no one using bitcoin and the price will fall so down. If people keep using bitcoin and the price of bitcoin still high so we don't need to worry about that. Bitcoin will long last and i think it will growth, more people will start using bitcoin in the future.

True but this wont happen. Bitcoin popularity is growing from each passing day. Every day there are new users and companies interested in investigating or buying not just bitcoin but any other coin that is reliably as bitcoin. They even invest in ICOs in hope that they will have some good income latter in bitcoin.

This will last forever, dont think that this will cool down any time soon.

janedt

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Quote from: spyerf on August 24, 2017, 11:05:19 PM

I think it depends on the public interest. Bitcoin will continue to say that people will be attracted to him. And now people's interest in bitcoin is increasing so the importance of bitcoin also increases, hopefully this trend will continue for a long time, because not everyone knows and understands what bitcoin is and how to get it and use it.

Yes, if no one using bitcoin again, bitcoin will be dead by itself because no one using bitcoin and the price will fall so down. If people keep using bitcoin and the price of bitcoin still high so we don't need to worry about that. Bitcoin will long last and i think it will growth, more people will start using bitcoin in the future.

spyerf

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I think it depends on the public interest. Bitcoin will continue to say that people will be attracted to him. And now people's interest in bitcoin is increasing so the importance of bitcoin also increases, hopefully this trend will continue for a long time, because not everyone knows and understands what bitcoin is and how to get it and use it.

BartS

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Quote from: darthmaul on August 17, 2017, 02:00:27 AM

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 simple answer is "yes"it will last longer than we think.

The crash at random times is really dependent upon the market situation. Bitcoin has crashed at least two to three times in a year and that followed every year if you see historic data for bitcoin. Juts checkout the recent event of hard fork and how bitcoin behaved during its implementation. It dropped dramatically and nobody ever thought of it like that way. Now the bitcoin is up again with double the price of crash! Thats the way bitcoin is evolving every year.

So according to me ups and downs in the bitcoin market is really normal thing and depends directly or indirectly with external factors. So ignoring that we could invest in the bitcoin easily and safely.

Yes, it will last longer without any further doubt really.

Correct, the problem with some people is that they are not used to the wild movements on the market that bitcoin has, if anything they are used to the movements in the stock markets and forex, but the movements in those markets are minimal compared to what happens to bitcoin, bitcoin lost like 30% of its value in a week and then after the hard fork bitcoin reached new all time highs, so get used to these movements or get out of bitcoin.

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