How long could bitcoin last? - page 19.

Sled

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Bitcoin- in bullish time

Quote from: darthmaul on August 17, 2017, 01:00:27 AM

Quote from: Crapz23 on July 09, 2017, 11:21:37 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 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.

There is nothing to worry about the crash, ups and downs because it is really normal for a decentralized currency since there is no in charge to fully regulate it. Bitcoin will last longer and it could possibly last even after we are dead because i think that there is a lot of potential in bitcoin and in the future the world can be using bitcoin as a primary option for payments and advanced financial system.

Williamscott

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It will last until a better coin emerges that will be taken by the World as an official neutral currency for all. However before that happens, bitcoin will most likely go through its glory and also become like main World currency that will be accepted in most countries and be widely used. I know that there are now this scary things like probability of fork or the price is fluctuating much, but it's nothing that could really end bitcoin out of nowhere. It will probably slowly die when its time has come, but there is still bright future as the whole cryptocurrency, blockchain technology is just beginning to go mainstream.

darthmaul

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Quote from: Crapz23 on July 09, 2017, 11:21:37 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 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.

The_Dark_Knight

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Quote from: FasTroy on August 13, 2017, 01:18:21 PM

Quote from: The_Dark_Knight on August 13, 2017, 11:28:43 AM

Quote from: ?? on ??

Quote from: Crapz23 on July 09, 2017, 11:21:37 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 would be able to say exactly that how much time would bitcoin exist.Bitcoin has already overcome lots of critical issues successfully and its price is also increasing continuously.May countries are coming forward even to legalize bitcoin.But after twenty years,when quantum comptuting would be introduced,it may affect the security of bitcoin and we have to just wait and see what happens then.

Bitcoin was designed to be anti fragile, bitcoin is very resistant to almost anything you can throw at it, many lost faith in bitcoin after the price went own in 2013 and thought bitcoin was never going to recover but it did and now all the people that trusted in bitcoin are reaping the rewards.

You are right, mate, bitcoin is too powerful, And i think that is just the beginning of bitcoin. Many people believe in it and trust it too much, like i do. I like it too much.
Nowdays many people enroll this community, and it become more larger now.
So we expect that bitcoin will be more powerful than ever and the price will increase a lot over the years. I predict that bitcoin will last many years, maybe 20 years or more.

I think you are right with prices this high I think we are going to see a new generation of newbies making an account on the forum to discuss and learn as much as they can about bitcoin, there is no way all the good news about bitcoin are not going to bring even more people to our side.

aardvark15

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Quote from: Oggy Pogi on August 16, 2017, 06:33:54 PM

Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

As long as there are people who are interested in btc it can last longer that we expected. But it can also crash anytime soon because change is inevitable and if new currency was made with more advantages than bitcoin I think it'll be the time when btc is going down. But as of now btc is gaining it's popularity that can be the way that btc could be accepted in society.

I think Bitcoin will eventually become a commodity like gold. Even if the price goes high and the fees are a little high, I think people will still buy it and hold it as an investment. It will probably continue to rise in value over time.

Serco

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Quote from: Oggy Pogi on August 16, 2017, 06:33:54 PM

Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

As long as there are people who are interested in btc it can last longer that we expected. But it can also crash anytime soon because change is inevitable and if new currency was made with more advantages than bitcoin I think it'll be the time when btc is going down. But as of now btc is gaining it's popularity that can be the way that btc could be accepted in society.

Well enough sense, in fact the right word to say until when did not anyone know, let it flow like a stream of river water and time to answer Cheesy

Oggy Pogi

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Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

As long as there are people who are interested in btc it can last longer that we expected. But it can also crash anytime soon because change is inevitable and if new currency was made with more advantages than bitcoin I think it'll be the time when btc is going down. But as of now btc is gaining it's popularity that can be the way that btc could be accepted in society.

hyunee

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We really don't know for sure how long bitcoin can last. But to my perspective, bitcoin will last longer. Since bitcoin brings a lot of benefits and would really help people I think bitcoin has a longer life. Years from now it might be use all over the country. Many people like me who use bitcoin believe that it will take decades to make it worldwide and we really believe that bitcoin will have a long run.

Ajinomoto40

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Buy, sell and store real cryptocurrencies

Quote from: Crapz23 on July 09, 2017, 11:21:37 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 knows. If I'm not mistaken, Bitcoin is running for about 5 years. Compairing its value and how big its community now and then, there's a huge difference. Which means Bitcoin is developed way far from it was before and through ups and downs on its price. So the same thing will happen in the future. We can expect for more years to Bitcoin because more people nowadays are being interested to it that will make it run for more long years and somehow make it legal to most countries due to public demand.

sunsilk

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It could last, bitcoin can lasts almost a lifetime.

Why there's an almost in my term if I'm a believer in bitcoin that it can lasts for a very long time?

Something might happen that it will be upgraded or something like that or if not, better say it will lasts a lifetime.

BartS

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Quote from: RedditMaster on August 09, 2017, 10:28:41 PM

I predict Bitcoin will last for the rest of Humanity.

However in the future people will only have a very small amount of Bitcoin.

Almost no one will be able to afford 1 Bitcoin. Only the richest people, like millionaires.

Bitcoin is resistant but not that resistant, bitcoin cannot exist without people but people can exist without bitcoin we have done so for millions of years so to me it is impossible that bitcoin is going to last as long as humanity, if instead you make the point that bitcoin will keep on existing as long as civilization existed then I think you could have a point.

Pasnik

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Quote from: supine on August 15, 2017, 10:06:43 PM

Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

Agreed, True it could last in years as long as how people would use and support this kind of transactions. I think the currency of bitcoin will come up higher in the future years.

Bitcoin could last for more years, I think will continue to grow and strong if people will still use bitcoin. Though we cannot tell when at how long it could last as long there are people who support bitcoin. It will going strong daily and continue be in demand.

supine

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Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

Agreed, True it could last in years as long as how people would use and support this kind of transactions. I think the currency of bitcoin will come up higher in the future years.

Dhaaaw

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Who knows

But seriously, I hope it will grow stronger and stronger and stay by my side till the day i get rich Grin

and then whatever happens won't bother me Tongue

.

jualidbitmixer

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Quote from: stergium on August 14, 2017, 12:06:00 AM

Quote from: Need Escrow Today on August 13, 2017, 06:50:04 PM

With the recent pump bitcoin has a good future. Who said that bitcoin will never be at 3k, 4k ??

I don't know what was the reason behind this but I think that bitcoin price will reach at least 5k until New Year.

i think that after crossing 4000$, it is now look like that bitcoin price will cross 6000$ before ending 2017. i think bitcoin will even then continue increasing.

To good to be true but i hope it too. By looking at the price of bitcoin right now, bitcoin life can be long, maybe 10-50 next years bitcoin still being used. Actually it's depend on the bitcoin user itself, if all bitcoin users are no more using bitcoin, bitcoin will be dead and this coin will be useless.

Apened

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Quote from: stergium on August 14, 2017, 12:06:00 AM

Quote from: Need Escrow Today on August 13, 2017, 06:50:04 PM

With the recent pump bitcoin has a good future. Who said that bitcoin will never be at 3k, 4k ??

I don't know what was the reason behind this but I think that bitcoin price will reach at least 5k until New Year.

i think that after crossing 4000$, it is now look like that bitcoin price will cross 6000$ before ending 2017. i think bitcoin will even then continue increasing.

It is good if that happens im also believe that $600 will hit because i read some news today from the stock analyst and he predicted that bitcoins will probably hit $7,500 this year .So i only think and expect it in $6000-$-7000 range . In uear 2018 there's many more coming good price predictions .

Sadlife

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So you are asking if the price will continue to rise ? And for how long?
The answer is yes cause i have confidence in bitcoin it is a safe haven for long term investment and for that another question to how long will rise? No one can actually predict it whether how long but it might take some few dips but the price will not crush that hard. Bitcoin can surprise at anytime because it can leap to new all time highs and stays stable for a moment and goes up again. All we can do is wait and see, trust in bitcoin.

gabmen

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Quote from: mobilestrike on August 14, 2017, 06:49:29 PM

Quote from: Krillin61 on August 14, 2017, 07:30:35 AM

Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

Well I think it will last long as long as we are here to support the bitcoin. I believe that we are the key for its success. And yeah, it could crash anytime but this will never be the cause of loss of bitcoin. Furthermore, I think in the future bitcoin will be widely and legally used in any kind of transaction around the world.

Yeah you said very well. I would say the same. We are the reason for it FAM and until we are here there is nothing that can be happened to it. Human is the source of its existence and humans will last till end of the world so in short we can say that it will last forever simply. So there should be no fear in heart of any of its user it will always give profit.

A crash is always a possibility but as long as people are in support of bitcoin, it will recover. And with its current popularity and growth, i think bitcoin will stay for a long time dragging the cryptocurrency market with it. We're basically at the start of a revolution here that may well go on to be used and demanded the same way as fiat

mobilestrike

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Quote from: Krillin61 on August 14, 2017, 07:30:35 AM

Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

Well I think it will last long as long as we are here to support the bitcoin. I believe that we are the key for its success. And yeah, it could crash anytime but this will never be the cause of loss of bitcoin. Furthermore, I think in the future bitcoin will be widely and legally used in any kind of transaction around the world.

Yeah you said very well. I would say the same. We are the reason for it FAM and until we are here there is nothing that can be happened to it. Human is the source of its existence and humans will last till end of the world so in short we can say that it will last forever simply. So there should be no fear in heart of any of its user it will always give profit.

Superways

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Quote from: Krillin61 on August 14, 2017, 07:30:35 AM

Quote from: Crapz23 on July 09, 2017, 11:21:37 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.

Well I think it will last long as long as we are here to support the bitcoin. I believe that we are the key for its success. And yeah, it could crash anytime but this will never be the cause of loss of bitcoin. Furthermore, I think in the future bitcoin will be widely and legally used in any kind of transaction around the world.

The demand and the value of the bitcoin is very high so bitcoin will last long definitely as bitcoin is getting popular every day and a lot of new participants are entering bitcoin world and this can make the price of the bitcoin more high and the chances of the crashing is unpredictable but as the situations is, the price of the bitcoin is increasing and there is no chance for it to get more down it is increasing and will increase in future.

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