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Topic: How long is Bitcoin life? - page 13. (Read 11536 times)

hero member
Activity: 518
Merit: 500
February 29, 2016, 08:09:21 PM
#90

while you continue to use bitcoin. although the price reaches $ 1. bitcoin will continue to live Cheesy
hero member
Activity: 672
Merit: 500
February 29, 2016, 07:24:21 PM
#89
I am worried about bitcoin when mining becomes less and less profitable and
difficulty goes up and up.

Hopefully bitcoin goes up enough to compensate the difficulty and keeps people mining.

we know the difficulty in bitcoin mining goes up everyday , but the bitcoin price can't goes up everyday,if the opportunity to reach ROI in bitcoin mining more difficult, Im sure only "biggest company" can survive in bitcoin mining life
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
February 29, 2016, 05:52:57 PM
#88

I'd say it is already established. It's not a toy and many people use it.

It's not established yet until a proper consensus mechanism is made.

You dont have a transparent voting system yet for bitcoin and that is why you see all the discord withing developers and community.


We need to adopt a share based voting system like http://bitcoinocracy.com/ system-wide.


After that happens, then I say it's established.
full member
Activity: 182
Merit: 100
February 29, 2016, 05:50:40 PM
#87
I think the life of bitcoin would depend upon its price and the adoption level of the people in future, if the adoption is higher then bitcoin will survive for a longer period of time.
sr. member
Activity: 378
Merit: 250
February 29, 2016, 05:49:50 PM
#86
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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!

I hope what you are saying that should be true in future, but honestly I don't feel that bitcoin will live that longer, I have a feeling that it will not last more then a decade.

It if lasts 1 decade , it will last much more, it will be pretty much established by 2019, and nothing could harm it.

I'd say it is already established. It's not a toy and many people use it.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
February 29, 2016, 05:46:25 PM
#85
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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!

I hope what you are saying that should be true in future, but honestly I don't feel that bitcoin will live that longer, I have a feeling that it will not last more then a decade.

It if lasts 1 decade , it will last much more, it will be pretty much established by 2019, and nothing could harm it.
sr. member
Activity: 287
Merit: 250
February 29, 2016, 05:15:14 PM
#84
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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!

I hope what you are saying that should be true in future, but honestly I don't feel that bitcoin will live that longer, I have a feeling that it will not last more then a decade.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
February 29, 2016, 03:54:29 PM
#83

At this point all of the scenarios that i can think off where Bitcoin would dissapear fall on the "unrealistic category", so that includes a total massive natural disaster, a world war, some sort of alien invasion... everything else has been addressed and is not a real treat. So yeah, it's simply unrealistic that bitcoun would fall at this point, too big too fail.

Feels like the polar opposite to me. It's still microscopic and very fragile. Too big to fail implies that the collective would do anything to ensure something's survival.

The hard core of developers, businesses and users would be understandably bereft if it went up in smoke tomorrow for technical reasons or whatever. For the multiple billions of people elsewhere it wouldn't even register. For a large chunk of Bitcoin users they're going to go where the convenience and the profits are.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
February 29, 2016, 03:48:31 PM
#82
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 hope bitcoin lives at least 5x more than the banks.

Since banks are around for 600 years, then bitcoin must live 3000 years!
legendary
Activity: 1358
Merit: 1014
February 29, 2016, 01:36:55 PM
#81
I believe Bitcoin will be around for a long time because it is a pioneer in the digital currency world and it also has emancipated many people form poverty and economic crashes. I think it has opened a pandora's box where new types of ideas and thinking is concerned also. There will be ups and downs but for now I believe Bitcoin is slowly increasing in people's interests generally speaking.
Indeed Bitcoin have a long life. I think his life just started. It becomes now more and more popular and that is quite good.
I hope later that more people will use Bitcoin and that the value will rise. That will be so good.

Bitcoin has a long life but I do not know how long because the bitcoin can also collapse because of something that has happened in the future, so its pretty unpredictable what is gonna happen.

I think it has a long life and the point is also indeed that the bitcoin is getting more popular by day.

At this point all of the scenarios that i can think off where Bitcoin would dissapear fall on the "unrealistic category", so that includes a total massive natural disaster, a world war, some sort of alien invasion... everything else has been addressed and is not a real treat. So yeah, it's simply unrealistic that bitcoun would fall at this point, too big too fail.
sr. member
Activity: 448
Merit: 250
February 29, 2016, 10:46:52 AM
#80
I believe Bitcoin will be around for a long time because it is a pioneer in the digital currency world and it also has emancipated many people form poverty and economic crashes. I think it has opened a pandora's box where new types of ideas and thinking is concerned also. There will be ups and downs but for now I believe Bitcoin is slowly increasing in people's interests generally speaking.
Indeed Bitcoin have a long life. I think his life just started. It becomes now more and more popular and that is quite good.
I hope later that more people will use Bitcoin and that the value will rise. That will be so good.

Bitcoin has a long life but I do not know how long because the bitcoin can also collapse because of something that has happened in the future, so its pretty unpredictable what is gonna happen.

I think it has a long life and the point is also indeed that the bitcoin is getting more popular by day.
hero member
Activity: 546
Merit: 500
February 29, 2016, 10:41:53 AM
#79
I believe Bitcoin will be around for a long time because it is a pioneer in the digital currency world and it also has emancipated many people form poverty and economic crashes. I think it has opened a pandora's box where new types of ideas and thinking is concerned also. There will be ups and downs but for now I believe Bitcoin is slowly increasing in people's interests generally speaking.
Indeed Bitcoin have a long life. I think his life just started. It becomes now more and more popular and that is quite good.
I hope later that more people will use Bitcoin and that the value will rise. That will be so good.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
February 29, 2016, 03:10:29 AM
#78
I believe Bitcoin will be around for a long time because it is a pioneer in the digital currency world and it also has emancipated many people form poverty and economic crashes. I think it has opened a pandora's box where new types of ideas and thinking is concerned also. There will be ups and downs but for now I believe Bitcoin is slowly increasing in people's interests generally speaking.
hero member
Activity: 2548
Merit: 605
February 29, 2016, 02:32:35 AM
#77
Long live bitcoins ! I think and more than think I wish bitcoins to stay alive as long as possible, I know less about technical things but I think once all coins are mined then it would be dead, before that I love btc.
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
February 29, 2016, 02:30:44 AM
#76
I am worried about bitcoin when mining becomes less and less profitable and
difficulty goes up and up.

Hopefully bitcoin goes up enough to compensate the difficulty and keeps people mining.
hero member
Activity: 2688
Merit: 588
February 29, 2016, 01:54:02 AM
#75
I think bitcoin will live forever, and probably will grow to follow the development of technology, things you can control the price of bitcoin is probably the investors and the stability of the world economy
Yes, bitcoins would run lifetime of earth, unless people stop using BTC it will be running, and I do not see why would people
stop using such a stunning currency without much hassle and the easiness that bitcoins give is simply awesome.
full member
Activity: 238
Merit: 100
February 28, 2016, 05:05:35 AM
#74
I think bitcoin will live forever, and probably will grow to follow the development of technology, things you can control the price of bitcoin is probably the investors and the stability of the world economy

Hahaha. Yea. Bitcoin, even if its value fades. Will stay here. Perhaps what you are trying to say, is Bitcoin's life in the market. Well like i said it's only as good as its value. All in all, we can never really tell.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 28, 2016, 03:30:54 AM
#73
I think bitcoin will live forever, and probably will grow to follow the development of technology, things you can control the price of bitcoin is probably the investors and the stability of the world economy
hero member
Activity: 1022
Merit: 538
February 28, 2016, 03:19:33 AM
#72
in my opinion bitcoin is still alive until there is no anyone that need it.
as long as people need. bitcoin will stay alive.  Cool

That is right, as long as there are people who still believe in bitcoin, then it will still be alive even if its price go low...
There are always going to be people that believe in Bitcoin. After some go away, more will come and take their place.
sr. member
Activity: 294
Merit: 250
February 28, 2016, 03:13:11 AM
#71
in my opinion bitcoin is still alive until there is no anyone that need it.
as long as people need. bitcoin will stay alive.  Cool
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