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Topic: How long could bitcoin last? - page 24. (Read 23203 times)

full member
Activity: 224
Merit: 100
August 07, 2017, 07:21:07 AM
I think that bitcoin will exist for exactly the next 20 years, because it has not yet embraced the whole planet and new users can join it, which will raise the price by their interest.
hero member
Activity: 1274
Merit: 622
August 07, 2017, 07:14:36 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.

There should be reasons for the fall. Since bitcoin adoption is on its way and many people are still to come to the world of bitcoin Ithink price can only rise in the future. Of course there will be down times caused by bad events like MtGox crash or something like that, but they will not last long and bitcoin will rise again afterwards.
that is true that bitcoins have a great future. Bad events are the parts of a development of a particular currency. I don’t think so any event or currency that can pose a serious threat to the existence of bitcoins. I don’t think so that with the facility of internet world is ever going to be empty of bitcoins.

MtGox crash like news can ruin the image of bitcoin for a long period of time, but not for forever. Bitcoin like the Phoenix shall rise from the ashes after any disastrous downfall, as we've seen it many times.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 07, 2017, 05:24:29 AM
There is no lifespan of bitcoin that is available because bitcoin doesn't have that and bitcoin can stay forever if the people who are using it and if all the people in the community wants to make bitcoin last then there is no problem but we need to think for the possible bad scenarios like bitcoin crash because of the big issues and so on. We can't really tell which side will have a higher chance to happen but the only sure thing is, enjoy the every bit that you have in bitcoin.
hero member
Activity: 980
Merit: 507
August 07, 2017, 04:57:56 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.
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.
hero member
Activity: 952
Merit: 500
August 07, 2017, 02:52:38 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.
Probability is that either bitcoin price may go high or fall down.Its a risky investment.But we can see the steady progress of bitcoin.It has been legalized in japan and many more countries to legalize it.Mass adoption of bitcoins is taking place all over the world.So,there is a very less chance of bitcoin to lose its demand and its price to fall down.So,we could expect bitcoin price to last long.
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
August 06, 2017, 11:53:27 PM
Bitcoin that has a fluctuating nature of the price seems like over time if it experience decreases and that increase is looks common for us. But i'm sure the bitcoin prices will continue to rise, and remain profitable for everyone, obviously i'm sure bitcoin will continue to survive and live at a cool price. Despite the decline, but it will not be very very down to the bottom.
sr. member
Activity: 980
Merit: 255
August 06, 2017, 11:36:21 PM
Nobody can say when will a thing would end or last. Same with bitcoin. It is very unpredictable and very hard to conclude. After the fork bitcoin is really doing well. And many speculates that bitcoin would rise higher. Maybe time will come that the price would decline but its part of the line. So let's enjoy everything that bitcoin is giving right now.
Giving a precise date is impossible but with the new improvements on bitcoin I think it is safe to assume bitcoin is not going anywhere, this was one of the most dangerous times for bitcoin because there was a chance of a split but now we see that even when a hard fork happen, the fork does not mean anything if the community does not support it.
hero member
Activity: 686
Merit: 500
August 06, 2017, 02:41:46 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.

There should be reasons for the fall. Since bitcoin adoption is on its way and many people are still to come to the world of bitcoin Ithink price can only rise in the future. Of course there will be down times caused by bad events like MtGox crash or something like that, but they will not last long and bitcoin will rise again afterwards.
that is true that bitcoins have a great future. Bad events are the parts of a development of a particular currency. I don’t think so any event or currency that can pose a serious threat to the existence of bitcoins. I don’t think so that with the facility of internet world is ever going to be empty of bitcoins.
hero member
Activity: 720
Merit: 500
August 06, 2017, 12:53:24 PM
But what will happen when all the Bitcoins will be mined?
Miners change their focus to mining for transaction fees
How the transactions are going to confirm?
Miners will keep doing their job nothing changes and the how bitcoin cycle continues
I think that will be the time when Bitcoin is about to die or maybe we find some alternatives for this thing?
After all 21 million coins are mined value will probably be high enough to keep miners mining for TX.

But how?
When all the blocks are mined how can the miners still mine Bitcoins? How the transactions will still get confirm (Only by accepting trx's with higher fees?) depends on miner?
Do you have any link So, I can learn it more deeply?
hero member
Activity: 729
Merit: 500
August 06, 2017, 12:29:07 PM
Since Japan had legalized bitcoin it just proff that we are on the right way to be mainstream on the next follow years, i dont believe bitcoin will be able to die anymore, even when the  mine ends i do believe a new system will remain to cover the hash, people say fees will be covering the hash, and its the easy way, since into 25 years bitcoin can be worthing over 50000 dollars or more.
hero member
Activity: 1092
Merit: 501
August 06, 2017, 12:28:08 PM
I do not know when bitcoin will end, because now many are still using bitcoin as income for the future, I just hope that bitcoin will last until doomsday.

I also don't believe in this fake news that bitcoin will end to soon because the features of bitcoin gives to people that they earn income from it and this way its community is increasing day by day. So I do not think that bitcoin will end and also more, bitcoin is dependent on us when we leave it bitcoin goes to end but it is never we can not leave it because from bitcoin we earn money, and we will never leave this source of income and so bitcoin could last long .
full member
Activity: 476
Merit: 100
August 06, 2017, 12:27:31 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.

There should be reasons for the fall. Since bitcoin adoption is on its way and many people are still to come to the world of bitcoin Ithink price can only rise in the future. Of course there will be down times caused by bad events like MtGox crash or something like that, but they will not last long and bitcoin will rise again afterwards.

The price of bitcoin is always renewed quickly, even if the news is very bad.
I think that bad news is specially invented by those people who do not want bitcoin to develop and rise in price. But despite this in the next few decades bitcoin will be a very popular currency
hero member
Activity: 1274
Merit: 622
August 06, 2017, 12:09:03 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.

There should be reasons for the fall. Since bitcoin adoption is on its way and many people are still to come to the world of bitcoin Ithink price can only rise in the future. Of course there will be down times caused by bad events like MtGox crash or something like that, but they will not last long and bitcoin will rise again afterwards.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 06, 2017, 12:05:57 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 am confident that Bitcoin will grow in the next 20 years as prices continue to rise and countries are slowly adopting it as a common currency. Besides, the birth of BCC helped Bitcoin to develop nonstop

20 years is too short a time to talk about the existence of bitcoin, I think it will last longer, with the explosion of technology, the favored currency and bitcoin as the lead currency. .

Correct.
We are already changing with the way everything is transacted now. Credit cards, swipe cards online payments and many more.
Internet is actually the big change that let us broaden our intellect into seeing more about what technology could do.
Bitcoin is a part of that. It will just be a manner of time and we wont even feel it, 5 years or 10 it doesn't matter. The truth about bitcoin as being a part of that is a truth.
sr. member
Activity: 434
Merit: 250
August 06, 2017, 12:00:55 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 am confident that Bitcoin will grow in the next 20 years as prices continue to rise and countries are slowly adopting it as a common currency. Besides, the birth of BCC helped Bitcoin to develop nonstop

20 years is too short a time to talk about the existence of bitcoin, I think it will last longer, with the explosion of technology, the favored currency and bitcoin as the lead currency. .
hero member
Activity: 1750
Merit: 589
August 06, 2017, 11:52:09 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.
The movement in terms of the price of Bitcoin is quite normal to happens having a system of stock and exchange. And we should always consider that the pump and dump that happens to Bitcoin is also a part of bitcoin development for it to have growth and progress on its price and stock through the market.
full member
Activity: 318
Merit: 100
August 06, 2017, 11:32:34 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.

I am confident that Bitcoin will grow in the next 20 years as prices continue to rise and countries are slowly adopting it as a common currency. Besides, the birth of BCC helped Bitcoin to develop nonstop
sr. member
Activity: 805
Merit: 250
August 06, 2017, 11:31:07 AM
As I would like to think, I think bitcoin will last more than 100 a long time starting now and into the foreseeable future if as a matter of first importance, the Bitcoin engineer will keep enhancing and supervising it, if web community is available and innovations, individuals will continue taking an interest in here, the expansion of clients, the majority of the nation will acknowledge it
Not exactly what we think about how long that bitcoin will last from his existence. As long as the people have used it, still it will be a part of life. For me, the only thing that may change the popularity of this kind is that no one will care for its value. Maybe someday bitcoin will gone because of another currencies will exist, is just a matter of changing lifestyle.
hero member
Activity: 910
Merit: 501
August 06, 2017, 10:34:17 AM
I do not think there is a profound answer to this question.
People could lose interest in bitcoin, that would lead to a price decrease.
Bitcoin could be superseded by a rival.
Or declared illegal by authorites.
When something like that would happen, nobody can say
And even if such a scenario occured, it would remove bitcoin completely. Only decrease the bitcoin community and the bitcoin price.
full member
Activity: 155
Merit: 100
August 06, 2017, 10:25:22 AM
As I would like to think, I think bitcoin will last more than 100 a long time starting now and into the foreseeable future if as a matter of first importance, the Bitcoin engineer will keep enhancing and supervising it, if web community is available and innovations, individuals will continue taking an interest in here, the expansion of clients, the majority of the nation will acknowledge it
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