How long could bitcoin last? - page 21.

Bezobraznike

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Quote from: Hamphser on August 10, 2017, 08:58:53 AM

Quote from: Orbolon on August 10, 2017, 08:41:13 AM

I see Bitcoin as gold, so i believe it will last at least a 100 years. But hey anything can happen and this is only my opinion Grin

Bitcoin cant really be compared to gold since gold is a precious metal and bitcoin is just a digital currency they do really differ but they do have similarities and at the same time they do give possible profits on investing on both things and talking about on how long it would last. We cant be sure and i strongly believe that gold would really last longer since it can be found on our earth and bitcoin isnt but as long people do engage with it then it will still last long.

But the guy was honest and he shared his opinion about this question. Bitcoin can last how much? Who can answer this question even near
correct? Except a lot of speculation we can not give answer with arguments here, bitcoin can be seen as gold and maybe bitcoin can last couple
next centuries, that is optimistic point of view and when ever we have similar questions some people give too optimistic answers and some
people go to different direction and they are very pessimistic.
Bitcoin will last in next 50 years, and if all countries in the world legalize it probably more. That is good for start and for us, after that let some
new generation thinks about it.

The_Dark_Knight

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Quote from: Buttercup123 on August 09, 2017, 11:18:50 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.

For me, with the continue rise and fall of the value of Bitcoin, i can say it will survive as long as two person is using it. It can continue as long as there is someone and another one continued to transact with the use of Bitcoin. It is natural for the Bitcoin's prize to spike down but it will spike up eventually then spike down and up again, making an infinite loop. If all the people suddenly stop using Bitcoin then the Bitcoin will die and will just stay in our memory, but what the odd chance of that. So, to answer your question, Bitcoin can last as forever could take if all of us continue to use it.

You could say that in the scenario that you give in which 2 people exchange bitcoin back and forth, bitcoin is still alive but it is no longer useful and I think many people in the thread are not thinking of that they are thinking how much time can bitcoin last and being useful, that is a difficult question to answer but I think that at minimum bitcoin is going to last another 50 years.

Tukang Becak

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I'm expecting to last at least 5 more years, this is because almost all cryptocurrencies are split and the user has not found the best coin yet,

fullhdpixel

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Quote from: kupido14 on August 09, 2017, 11:35:22 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.

As long as there are people that is interested to invest in bitcoin it will not dump eventually. If just people do a good job in earning btc then it would be great for the btc community because it will expand and grow in the future. So I can see that it will last long up to 20 years or more but assured that it will not go smoothly as it takes time.

The existence of an innovation is totally dependent on its users. It stays on the scene till the time people cherish it and same is the case with Bitcoins.

Though Bitcoin has astonished many people with its creation but its life is dependent on a path that for how long people are going to use it. I also believe that at least for a score bitcoins are going to rule crypto world. Maybe we will be having different versions of Bitcoin then.

Ahiaba

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As long as the internet live so also bitcoin live, this because bitcoin has gone to the level that nothing can stop its existence and above all its value will keep on increasing day after day.

Adam

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it is interesting for me too. could it possible to price 100k for 1 btc? or 1 million? or even more? and what will be with btc after 2034?

Divyam96

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I think bitcoin will be there for 50 or 60 years or could be even more because bitcoin has tremendous potential and has already gained a lot of popularity among the people and if the trend continues then bitcoin will be more popular in the coming 3 to 4 years. And the increasing value of bitcoin is its own explaination that bitcoin has many more years to see and will continue to increase.

BartS

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Quote from: bajing on August 07, 2017, 08:43:33 AM

Quote from: pitiflin on August 07, 2017, 05:57:56 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.

Bitcoin gonna last long than any other crypto currency ever will ,boy. It is gonna reign over fiat even though it's gonna take a few decades probably . But you never know it can happen before even we know it. I am gonna wait for it to happen, and hopefully this will make sure that world peace can be started with something that is not visible aka bitcoin.

Yes I agree, bitcoin will last longer than any other crypto currency ever will but i dont agree bitcoin gonna reign over fiat even though bitcoin can last forever because both have different way in use.

Bitcoin is going to win wide adoption but fiat is still going to be here for a long time too, many people do not feel any need to leave fiat despite the huge disadvantages that this entails, the only advantage that fiat has over bitcoin is adoption since you can use it anywhere but at some point in the future fiat will not have that advantage over bitcoin.

saekotye07

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no one could know if bitcoin is going to rise and down. and who knows what time and date it will crash as of now just enjoy your moment here..

decoder88

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Quote from: dquancey on July 09, 2017, 12:32:21 PM

What are you asking? Are you asking if the price of BTC will forever rise?

Nobody knows. Nobody has a crystal ball. It will go up, it will go down. How long each leg will be up or down, nobody knows.

I think a lot like to think that BTC will rise, especially on this forum, let's wait and see.

Until it has many users, bitcoin will last for long. And besides, they are satisfied on what can bitcoin do to one's live so it couldn't let by many people to going last. Until many people are supports it and continuously using it, it will stay for long.

Hamphser

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Quote from: Orbolon on August 10, 2017, 08:41:13 AM

I see Bitcoin as gold, so i believe it will last at least a 100 years. But hey anything can happen and this is only my opinion Grin

Bitcoin cant really be compared to gold since gold is a precious metal and bitcoin is just a digital currency they do really differ but they do have similarities and at the same time they do give possible profits on investing on both things and talking about on how long it would last. We cant be sure and i strongly believe that gold would really last longer since it can be found on our earth and bitcoin isnt but as long people do engage with it then it will still last long.

Orbolon

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I see Bitcoin as gold, so i believe it will last at least a 100 years. But hey anything can happen and this is only my opinion Grin

agentx44

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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.

In my own opinion Bitcoin will last for a very long time if there are still people who uses bitcoin to earn money or to have an extra income and it may increase it's value if it last longer. So we hope bitcoin will last so bitcoin will increase its price and i believe it is very possible.

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Quote from: RedditMaster on August 09, 2017, 11:28:41 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.

Maybe, that's why we should be all wise in handling and using bitcoin because if not we all end up empty handed.
So when the day reaches to its end we have something to get.
On the other side, bitcoin will last as long as there's a demand of the users and there's supply bitcoin will definitely survive. And if bitcoin reaches its limit we should be more value bitcoin as it will surely cost a lifetime.

RedditMaster

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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.

faceoff97

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Bitcoin will last when users last. Bitcoin depends on the people who invest,sell and buy. Though Bitcoin is unpredictable and risky, i can say that it will take more successful year before it crash. Asking question like thar really dont get an answer, we cant imagine what the future may bring, but looking at its history we can say that its abput time to put our trust amd money in bitcoin. Regardless of what will happen we must be hopeful that this will last forever. Be wise on handling your investment thats what i can say.

batang_bitcoin

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Quote from: kafeelniazi on August 09, 2017, 06:23:38 PM

bitcoin last forever, because it is just starting for bitcoin, bitcoin just step in to the global market and in future it will rule the market.

Since 2009 bitcoin is unexpected to grow this big and went this far. No one knows on how long bitcoin could last but we shouldn't be thinking about this thing for today as it's very clear that bitcoin can last a life time depending on how the market will react. People's satisfaction are just changing so expect the changes in the future.

kafeelniazi

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bitcoin last forever, because it is just starting for bitcoin, bitcoin just step in to the global market and in future it will rule the market.

gabbie2010

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Personally my believed is that bitcoin has come to stay and bitcoin is unstoppable although the price of bitcoin is rising for now and it is likely that there will be price flaunctuation or corrections this shows that bitcoin is going to last till eternity and everyday bitcoin is getting more attention especially with exchangers, forex brokers and binary brokers too are involved all these are giving bitcoin hope as a strong digital currency.

Twinscoin2017

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I think bitcoin can last a long period of time.it can last because it is so valuable and simple to use .and its price is amazing.

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