How long could bitcoin last? - page 32.

tabas

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Quote from: EdenHazard on July 26, 2017, 10:06:35 PM

Quote from: tabas on July 26, 2017, 05:50:29 PM

Quote from: risatrakib on July 26, 2017, 05:32:57 PM

I think bitcoin will last for unlimited years .i think In coming years bitcoin will be available in almost all the country in the world.

It will last for a lot of years maybe for the first 50 years and it will be upgraded again into v2.0 or something like that. But it will still be called bitcoin and transactions will be automated and bitcoin will be the medium of it. As I can see that everyone is riding with the craze of using bitcoin for online transactions.

bitcoin / cryptocurrency are the next generation of money , a lot of people believe on this statement. the way bitcoin works to transfer money around the world in easy way and reasonable fee makes people falling in love with bitcoin , it is just the matter of time .

how people especially the developers drive bitcoin , keep creating a breakthrough things and make this world better .

I'm one of those people that are believing that bitcoin is going to be the new era's money. And as technology will make our lives easier, everything will be digital, transactions, money and almost everything. Crypto's will open a lot of opportunities and it is going to make the coin live and last a life time.

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Quote from: Seeker01 on July 26, 2017, 07:53:42 PM

Quote from: risatrakib on July 26, 2017, 05:32:57 PM

I think bitcoin will last for unlimited years .i think In coming years bitcoin will be available in almost all the country in the world.

I agree with this, bitcoin continues to improve itself so that it can give a good service. Many countries are now accepting bitcoin and i do expect that in the next 10years bitcoin is now everywhere and in my view bitcoin will last forever.

Nothing lasts forever and bitcoin is not an exception but bitcoin has the potential to go for a very long time, and since it keeps getting updated by the devs then bitcoin can stay current to new developments, however I think the next 10 years are going to make or break bitcoin if it can resist then I think the bitcoin project could last for centuries.

Kanine Awe

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There's only so many BTC out there so eventually the price will increase and we will start using smaller denominations, and it is something that can be easily split and that makes its longevity better in my opinion.

Theb

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There is no definite answer to your question. But as long as Bitcoin has users it will last. The time table or the life expectancy of Bitcoin is not known because it always depends on us the consumers or users of Bitcoin, now we are the ones who are affected the most from bad news and good news but the bad news are the ones who gives us negative views for Bitcoin. The demand of Bitcoin is always changing that is why we see Bitcoin go down in the hundreds as it is a very volatile currency.

Basmic

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Bitcoin is an absolutely new opportunities for people. It is foolish to refuse such a chance. I think that bitcoin will always exist. Now more likely to survive than many bitcoin Fiat money of the world.

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Quote from: andylowe on July 27, 2017, 07:42:54 AM

Quote from: ruskytailz02 on July 27, 2017, 06:51:47 AM

According to my research, BTC can last forever. As long as the internet is here, BTC will always exist.

Well yeah, I agree with you. Because digital currency is needed, and because Bitreserve used it and several customers use it also,and whether or not bitcoin exists forever, or whether it disappears in 10 years or five years or even 2 years, bitcoin is needed today.. It’s desired now, and thus bitcoin has managed to retain at least some level of its value, and will do so for as long as internet exist.

It's still gaining value day by day as more investors tend to move into the bitcoin atmosphere. And the bitcoin will remain forever as it is the king of crypto and its like gold in real world which is a store of value.

andylowe

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Quote from: ruskytailz02 on July 27, 2017, 06:51:47 AM

According to my research, BTC can last forever. As long as the internet is here, BTC will always exist.

Well yeah, I agree with you. Because digital currency is needed, and because Bitreserve used it and several customers use it also,and whether or not bitcoin exists forever, or whether it disappears in 10 years or five years or even 2 years, bitcoin is needed today.. It’s desired now, and thus bitcoin has managed to retain at least some level of its value, and will do so for as long as internet exist.

Renji Abarai

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People are wary of bitcoin how long it will last. More are worried because of its volatility of it. But bear in mind that bitcoin exist because people used it. It is the demand that drives its growth. When people are no supporting bitcoin, then its btc's end.

ruskytailz02

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According to my research, BTC can last forever. As long as the internet is here, BTC will always exist.

Bitcoinislife09

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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.

I agree with this. Yes, nobody will know when. But I know as long as there are many users and it continues to grow and develop, it will stay as it is. Rising and falling of price of bitcoin is normal and inevitable, and it is one way to see that bitcoin is improving.

Emitdama

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Quote from: nagobinga on July 25, 2017, 01:30:45 AM

In my opinion, bitcoin will end in 2050 and will be a lot of enthusiasts as it is getting popular and getting better from year to year.

umm! It’s really amazing to think about bitcoin and the rapidly increasing price of the bitcoin a lot of people who are now trusting bitcoin and they are ready to invest their money in bitcoin so after taking a look of all this and looking back at the price from where they took a start there is a huge difference now so I think it will grow more and more instead of decreasing.

bakkang

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Bitcoin will last as long as the price of it will be higher and it will not be stable for its current price. But I believe bitcoin will be last as long as we are patronizing it and we are buying and selling it. Technology is continually develop so everything's will be online especially in investing and buying online and bitcoin is a way to make this everything successful. The bitcoin in the life of people who are successful because of it will continually promote it to their fellows so that bitcoin will be known globally.

roll on

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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.

Surely, no one knows. It is the same of when will bitcoin end. As long as it benefits miners, investors and people in this community, existence of bitcoin will be still. Deflations are inevitable that confuses people about the productivity and lifespan of Bitcoin and crypto currency. It may sound cliche' but, it is really a part of Bitcoin's volatility. There'll be times of its ups and downs.

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Quote from: Sadlife on July 27, 2017, 12:42:13 AM

The growth of bitcoin over this past few years was tremendous as the more merchants has accepted it as a payment processor for their business even institutional investor have been attracted to it to invest millions of cash. Bitcoin is now widely used as a payment services for local and online businesses like e-commerce, restaurants, hotels, airlines and other goods and services. These businesses prefers to use it than other centralized payment processor like paypal, andro pay and credit cards cause it is much more convenient. It is fast, secured without those ridiculous high fees. Bitcoin will last because more people trust and have faith in it.

I doubt that merchants are preferring Bitcoin over other centralised payment processor atleast in my country. People are more willing to pay fiat than a Bitcoin for a service. Reason being with Bitcoin, your money grows wheras fiat is inflationary thus wil lead to a decrease in value over time. Thus, merchants can't abandon centralised systems. They are definitely incorporating Bitcoin to provide another form of payment system. But they can't ignore other payment processors. This will affect their business.

GrayFullbuster

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Quote from: Sadlife on July 27, 2017, 12:42:13 AM

The growth of bitcoin over this past few years was tremendous as the more merchants has accepted it as a payment processor for their business even institutional investor have been attracted to it to invest millions of cash. Bitcoin is now widely used as a payment services for local and online businesses like e-commerce, restaurants, hotels, airlines and other goods and services. These businesses prefers to use it than other centralized payment processor like paypal, andro pay and credit cards cause it is much more convenient. It is fast, secured without those ridiculous high fees. Bitcoin will last because more people trust and have faith in it.

Yeah you're correct. Bitcoin is now becoming stronger and becoming more popular than before. Bitcoin is also accepting and legalizing in many countries and it is obvious that bitcoin will last forever.

Sadlife

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The growth of bitcoin over this past few years was tremendous as the more merchants has accepted it as a payment processor for their business even institutional investor have been attracted to it to invest millions of cash. Bitcoin is now widely used as a payment services for local and online businesses like e-commerce, restaurants, hotels, airlines and other goods and services. These businesses prefers to use it than other centralized payment processor like paypal, andro pay and credit cards cause it is much more convenient. It is fast, secured without those ridiculous high fees. Bitcoin will last because more people trust and have faith in it.

HasHe

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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 has already faced many critical situations and have successfully overcome every thing.Despite actions taken by banks and governments to control bitcoin,it still survives uncontrolled.So it may last for years.But it has to face serious threat in the future when quantum computing would be introduced almost after twenty years.

chocolah29

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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.

Its too early to think when bitcoin will end, stop over thinking and just enjoy what bitcoin can offer.
Nobody can really tell that but as long as there's the demand of the users and supply it will be all enough to bitcoin to lasts.

EdenHazard

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Quote from: tabas on July 26, 2017, 05:50:29 PM

Quote from: risatrakib on July 26, 2017, 05:32:57 PM

I think bitcoin will last for unlimited years .i think In coming years bitcoin will be available in almost all the country in the world.

It will last for a lot of years maybe for the first 50 years and it will be upgraded again into v2.0 or something like that. But it will still be called bitcoin and transactions will be automated and bitcoin will be the medium of it. As I can see that everyone is riding with the craze of using bitcoin for online transactions.

bitcoin / cryptocurrency are the next generation of money , a lot of people believe on this statement. the way bitcoin works to transfer money around the world in easy way and reasonable fee makes people falling in love with bitcoin , it is just the matter of time .

how people especially the developers drive bitcoin , keep creating a breakthrough things and make this world better .

Seeker01

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Quote from: risatrakib on July 26, 2017, 05:32:57 PM

I think bitcoin will last for unlimited years .i think In coming years bitcoin will be available in almost all the country in the world.

I agree with this, bitcoin continues to improve itself so that it can give a good service. Many countries are now accepting bitcoin and i do expect that in the next 10years bitcoin is now everywhere and in my view bitcoin will last forever.

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