How long is Bitcoin life? - page 11.

Imoote

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Quote from: nejibens on March 11, 2016, 09:28:10 AM

Bitcoin is growing up daily and having very supportative community and good price. We expect very long life for this crypto currency.

Yes I also hope bitcoin will also grow to be good every time. I also do not know when bitcoin will end and I do not want to expect it. Maybe bitcoin will end if there is no more people who use it or bitcoin has a very low value so that people no longer wanted to use bitcoin.

jt byte

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Quote from: Basteron on March 11, 2016, 05:32:44 AM

Quote from: hasiramasenju on March 02, 2016, 11:31:41 AM

Quote from: Nandiwal on February 22, 2016, 01:48:34 AM

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

i would says that we never know how long BTC will life because in this world everything could happen and currently just spend your bitcoin for your hobbies or for your daily needs

As long as the bitcoin is developed actively, and adopts to the new environment, I think it will live for very long time.

Well overall this is difficult to say of course, but I think it will survive a lot of economical disasters.
My prediction is that its still gonna be alive in about 20 years from now, if this is not the point there is most likely some other digital currency that is used a lot and is almost the same as the bitcoin.
I must say I have a lot of faith in the bitcoin so I think it will have a long life for sure.

bitlancr

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You will never know what the life will be and for how long and that is the problem, I hope that more people will use Bitcoin also later.
And that more people will tell about Bitcoin, that should be perfect. But to predict it is very hard.

nejibens

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Bitcoin is growing up daily and having very supportative community and good price. We expect very long life for this crypto currency.

sallymeeh27

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I believe so as long as people are in demand of bitcoin in every transaction this will still live . When the demands are high and I am sure that bitcoin will continue to grow in our industry. I really hope that bitcoin will last a lifetime for I just started to know more about it and looking forward..

randy8777

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Quote from: romero121 on March 11, 2016, 09:07:36 AM

Due to the invention of power, it has become one of the basic requirement of day to day life. So till living creations come to end, bitcoin will be there. Only when power generation comes to end when living creations gets vanished which may collapse the running back technology of bitcoin.

that's quite a dramatic scenario, but indeed, to "kill" bitcoin you only need to shut down all the power in the world or the internet. that's how you really get rid of bitcoin. glad it will never happen, so we don't have to worry about that.

romero121

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Due to the invention of power, it has become one of the basic requirement of day to day life. So till living creations come to end, bitcoin will be there. Only when power generation comes to end when living creations gets vanished which may collapse the running back technology of bitcoin.

newcoins1978

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The bitcoin life is very long if you ask me if you look at the future it has it has a long time for sure.
Also the bitcoin is even growing so that is a good sign in my opinion, its getting more popular.

Basteron

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Quote from: hasiramasenju on March 02, 2016, 11:31:41 AM

Quote from: Nandiwal on February 22, 2016, 01:48:34 AM

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

i would says that we never know how long BTC will life because in this world everything could happen and currently just spend your bitcoin for your hobbies or for your daily needs

As long as the bitcoin is developed actively, and adopts to the new environment, I think it will live for very long time.

hasiramasenju

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Quote from: Nandiwal on February 22, 2016, 01:48:34 AM

BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

i would says that we never know how long BTC will life because in this world everything could happen and currently just spend your bitcoin for your hobbies or for your daily needs

Imoote

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Activity: 714

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Quote from: CrimBit on March 02, 2016, 09:36:58 AM

Quote from: 7Priest7 on March 02, 2016, 02:23:48 AM

if there are miners,if there are buyers and sellers, and if there are bitcoin users, bitcoin won't die, some poeple even think that bitcoin is immortal, no, it will die, just not till 2050

it's like gold story if people stop interesting gold ,no body interesting to buy it then miner will stop to mining gold, and gold would be die. the bitcoin value based of how much people interesting to have it.

Yes very true bitcoin life depends on a lot of people who use it, if no one is using the same as bitcoin will die.
But I believe bitcoin will not die because there are many people who use it.

STT

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Gold is always useful in that it doesnt rust or decay and it doesnt require anyone to be interested in it or any maintenance. The breakdown in comparison to bitcoin is that it does require active interest, its not exactly unique and really its more of an active product. People have forgotten about gold before and it doesnt matter as hundreds years later its suffered no changes and its picked up again and used.

Bottom line gold is not always useful, its just a solid rock but quite unique but bitcoin I think will always require people to favour and want to use it or it will end far more quickly price and overall stop existing

CrimBit

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Quote from: 7Priest7 on March 02, 2016, 02:23:48 AM

if there are miners,if there are buyers and sellers, and if there are bitcoin users, bitcoin won't die, some poeple even think that bitcoin is immortal, no, it will die, just not till 2050

it's like gold story if people stop interesting gold ,no body interesting to buy it then miner will stop to mining gold, and gold would be die. the bitcoin value based of how much people interesting to have it.

7Priest7

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if there are miners,if there are buyers and sellers, and if there are bitcoin users, bitcoin won't die, some poeple even think that bitcoin is immortal, no, it will die, just not till 2050

techgeek

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Quote from: CrimBit on March 01, 2016, 08:32:27 PM

as long as minner can take profit from bitcoin.
if minner earning is very low the bitcoin network maybe can be dead Roll Eyes

but.... if the government is willing to adopt and legalize bitcoin im sure bitcoin can survive forever

Yeah, who here mines... majority arent in this scenario.

Well if they are I`m sure they arent doing it on a massive scale that show signs of profit like bitmain does it.

As long bitcoin has a good # value, it`ll be around.

D3ViL

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how would you assign a life for bitcoin , as long as there are miners and people interested in bitcoin , it will live on and on

Yakamoto

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Quote from: ingiltere on March 01, 2016, 10:08:59 PM

After 7 years I'm sure that Bitcoin is here to stay. The traditional monetary system is changing day by day, because the technology gives us a lot of opportunities, that includes digital money too. Banks have already used digital money system so Bitcoin technology is easy to adopt in monetary system. In this century we can see all money system converted into digital.

That's actually true, Bitcoin has been around for 7 years. I completely forgot about the time period before 2013 as being a "thing".

I'm slightly more interested to see a primarily-digital economy, but I always want to have cash on hand. There's a feeling that holding cash will always give to someone.

ingiltere

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After 7 years I'm sure that Bitcoin is here to stay. The traditional monetary system is changing day by day, because the technology gives us a lot of opportunities, that includes digital money too. Banks have already used digital money system so Bitcoin technology is easy to adopt in monetary system. In this century we can see all money system converted into digital.

CrimBit

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as long as minner can take profit from bitcoin.
if minner earning is very low the bitcoin network maybe can be dead Roll Eyes

but.... if the government is willing to adopt and legalize bitcoin im sure bitcoin can survive forever

mrhelpful

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Quote from: Imoote on February 29, 2016, 11:13:09 PM

I think bitcoin will die if there is no more that follow.
As long as there are those who use bitcoin I'm sure will stay alive and survive.

That comment bitcoin will die is kinda pointless lol.

If it was dead, we all wouldnt be here discussing about bitcoin so lets stop that nonsense and the value isnt zero.

If youre talking about price decaying thats a bit different, since its based on buy and sell orders from exchanges.

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