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Topic: How long could bitcoin last? - page 22. (Read 23203 times)

legendary
Activity: 1540
Merit: 1003
August 09, 2017, 02:47:24 PM
No one can give an exact answer to this question, but I think that bitcoin will still exist for several years until I get rich from the rapid price growth. After all, if you look really, then it will not grow all the time.
Actually, bitcoin lasts forever. Bitcoin is based on the internet and as long as the internet keeps working, nothing can harm bitcoin and bitcoin will still be there no matter how the earth will be. What we are considering about is the price of bitcoin. When will bitcoin become worthless ?
I am very grateful that I can make money using crypto currency. But for today I am worried about what is happening in the field of cryptography and therefore Bitcoin is at risk, in my opinion. Therefore, I Carefully earn and put everything in real money. Until I'm sure of tomorrow, I'll be cautious with the crypto currency all the time.
I don't think so Bitcoins are facing any kind of risk about their existence. Yeah, it is sagacious to be careful with crypto currencies but getting worried about the existence of bitcoin is quite useless and absurd. Currently Bitcoins are ruling the crypto market and soon they will be made legal around the world. Bitcoins are yet to bloom at peak.
newbie
Activity: 21
Merit: 0
August 09, 2017, 01:24:35 PM
People decision, if we continue working and using them they will be able to stay with us for a long time, this doesnt's mean that there will be a positive scenario in the future, but their existence will remain.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
August 09, 2017, 01:02:54 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.
Today's society bitcoin can last longer if alot of people encourage to join. Bitcoin is unlimited to everyone and bitcoin is easy to earn so plenty of people to encourage to earn so the bitcoin now is going to be stronger and highly in price . And the price is not going to crash anymore because of this high price and users and consumer.

True. Today society is just like bitcoin. More bitcoin is created to be used by all who dont want to have any interest with bank and influence from governments. On top of that we see that bitcoin is going in right direction, for this I mean that countries are allowing bitcoin to be used in every day transaction and purchases, like we have Japan. They made first step and next year we will be hearing from more and more and by 5 year major countries will use bitcoin in every day trade.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
August 09, 2017, 12:00:03 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.

20years may be too long already for a cryptocurrency. Although we can agree that bitcoin is a pioneer when it comes to crypto, times are fast changing and probably in 20years, crypto has already evolved way too far and btc may even be obsolete and have been replaced by a different alt? We'll never know really for sure if we look that far to the future
member
Activity: 140
Merit: 22
August 09, 2017, 10:35:22 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 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.
sr. member
Activity: 659
Merit: 250
August 09, 2017, 10:29:27 AM
Many people who think Bitcoin prices will continue to rise in the future, because until now bitcoin can be a good investment tool.
One of the reasons for bitcoin prices to continue to rise in the future with the growing volume of Bitcoin transactions each day.
Yes , but all of us doesn't clearly know what will happen in the future and what possibly happens to bitcoins . Now as much as we can make profit balance it don't invest all your money on it withdraw some amount and put it in a bank or have some other investments .
full member
Activity: 455
Merit: 106
August 09, 2017, 10:18:50 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.

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.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
August 09, 2017, 09:12:06 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.
Today's society bitcoin can last longer if alot of people encourage to join. Bitcoin is unlimited to everyone and bitcoin is easy to earn so plenty of people to encourage to earn so the bitcoin now is going to be stronger and highly in price . And the price is not going to crash anymore because of this high price and users and consumer.
sr. member
Activity: 672
Merit: 250
August 09, 2017, 02:51:55 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 is a demand for bitcoin the bitcoin will survive, crash can indeed happen but it should which have major impact on the bitcoin making it down very hard.
Yes of course, Law of supply and demand should suffice. What make its demands high? Well the accessibility of internet, because through internet people are using bitvoins for faster transactions of payment, and there are lots of ways to earn bitcoin too! It could actually make you for a living. And as of today, there are lots of people use the leverage of internet for a living. So as long as internet won't die, bitcoin continue to survive!
sr. member
Activity: 1792
Merit: 264
August 08, 2017, 11:56:33 PM
Many people who think Bitcoin prices will continue to rise in the future, because until now bitcoin can be a good investment tool.
One of the reasons for bitcoin prices to continue to rise in the future with the growing volume of Bitcoin transactions each day.
sr. member
Activity: 1162
Merit: 258
1xbit.com
August 08, 2017, 11:50:06 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 is a demand for bitcoin the bitcoin will survive, crash can indeed happen but it should which have major impact on the bitcoin making it down very hard.
sr. member
Activity: 938
Merit: 256
August 08, 2017, 11:36:18 PM
It seems that bitcoin will continue to progress as long as there is an electric current and an internet connection as an access that can connect with bitcoin, the possibility of bitcoin will persist for the next few years, perhaps even until bitcoin becomes a legal transaction tool that can be used by everyone and in various countries.
hero member
Activity: 840
Merit: 502
August 08, 2017, 10:32:12 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 will only end if theres no more electricity to power up things that are connected to bitcoin, isnt it? So my answer will only be bitcoin will live forever, and as years will past bitcoin will be upgraded like bitcoin 2.0
Another possibility is that the internet is destroyed by something or if I have read correctly that a kill switch is activated that stops all the Internet traffic, however I think there are bigger chances the electric grid goes down than the internet, but that is just my opinion.
legendary
Activity: 2534
Merit: 1338
August 08, 2017, 08:23:10 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, it's really hard to speculate when, how and what will make BTC disappear. But the main point is that, as long as people are buying and using BTC as their main crypto currency, there's no reason for it to disappear. Just look on the demand, for how many years BTC has been the top among all the crypto currency.
Correct, also something that people do not really understand is that if bitcoin were to fail then most cryptocurrencies will be seen with suspicious eyes by most, so it is not like bitcoin can fail and the only coin disappearing will be bitcoin, bitcoin is the point of reference when it comes to crypto, so if bitcoin fails most cryptocurrencies will disappear as well, so it is impossible to know which crypto, if any could lead the market in bitcoin absence.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
August 08, 2017, 04:56:51 PM
Don't think only about price guys, bitcoin's price will be good as always but there is one tast which makes me feel not so well. What will happen if someone who has really huge amount of bitcoins, for example 1000btc and after his/her death, access on that wallet will be lost? Well, 1000 is nothing but in more years, this number will grow and since bitcoin is limited supply, what will happen after those lost coins?
full member
Activity: 293
Merit: 100
August 08, 2017, 04:52:25 PM
I think it will last until no one is using it and discovered another type of transaction. we could see bitcoin diminished if it was forgoten and all the users of bitcoin transfers to a new inovation of currency.
sr. member
Activity: 734
Merit: 250
August 08, 2017, 04:50:58 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 future of bitcoin is hard to predict, for there are many issues that may affect bitcoin. But still my thoughts about how long could bitcoin last is that. If internet crashed out or disappear. That will be the possible exit of bitcoin and other cryptocurrencies.
But from the history of bitcoin anyone can easily predict out that no matter how much hard the issue come to bitcoin, it will survive in any case. You will not face any issue in bitcoin and will see its brighter future coming at front as more time is passed. Bitcoin is a stronger currency and it can survive in any condition.
hero member
Activity: 840
Merit: 500
August 08, 2017, 04:49:41 PM
As long as bitcoin has demand it will stay there or in other words as long as there are people believing in bitcoin, it will stay here with us. I believe that bitcoin is going to last many years even after the last coin is mined. No wonder that it will replace fiat and the existing economic structure. There might be some changes made to it as per the need which might arise in the future but I think it will last forever.
yes that is right that bitcoin is depending on the demand of the people, if the people demand about bitcoin is increasing the sure the price of bitcoin will also increase and which is in fact making bitcoin more reliable and trusted. i am sure about bitcoin that bitcoin will remain as number one currency of the world as compare to to other crypto currencies.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
August 08, 2017, 04:18:18 PM
As long as bitcoin has demand it will stay there or in other words as long as there are people believing in bitcoin, it will stay here with us. I believe that bitcoin is going to last many years even after the last coin is mined. No wonder that it will replace fiat and the existing economic structure. There might be some changes made to it as per the need which might arise in the future but I think it will last forever.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
August 08, 2017, 04:09:30 PM
Yea bitcoin will live for some amount of time but when people create robots then I think that we will have evererything what we want for free because we will have free energy and robot will work for us.

I don't get it... someone would still have to make those robots, keep them working, keep the code working, provide the material for robots to work with, sell those goods,.. if it comes to that that robots would be doing all of that, well then we might aswell be taken over by a hostile AI.
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