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Topic: How long is Bitcoin life? - page 16. (Read 11501 times)

hero member
Activity: 1008
Merit: 510
February 22, 2016, 02:04:11 PM
#30
Bitcoin will be around forever.  The question is will it be accepted and adopted at a large scale or will it just be a novelty in the long run.  I could see it being just a method of sending money around the world quickly even if merchants don't accept it.
legendary
Activity: 3374
Merit: 1824
February 22, 2016, 01:54:29 PM
#29
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

You should look long term here and understand vision behind bitcoin.
It's natural that BTC is going up and down, it's like in the real market.
If more people buy, price go up, if more people sell, price go down, nothing to worry about.
Bitcoin is decentralized and nobody can control BTC price, only users.
BTC will last forever and will change our lives, no doubt about it.
It's way of life, financial freedom, revolution in finance etc.
Don't worry to much, just keep buying BTC Smiley
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
February 22, 2016, 01:46:56 PM
#28
No one could measure it's lifespan since it's a technology that by many it's still considered to be on it's initial stages so it will surely go through some changes in the future and each of these changes, could have a saying on it's lifespan. Well the easiest answer would be it's demand and supply ratio is what it has to do with it's value.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
February 22, 2016, 01:22:40 PM
#27
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 think Bitcoin will outlive me. And that is all I care about.
As bitcoin grows older, people will discover its true value and the price will increase.
legendary
Activity: 1904
Merit: 1074
February 22, 2016, 11:42:11 AM
#26
This is like asking, when will the internet die... we gave birth to a new "financial internet" network and this experiment will go on until nobody wants to

use it. The miners will keep mining, because there are money to be made from the Bitcoins being generated. If the price drop and the cost involved

in mining goes beyond the point where it's still profitable, some miners will stop mining... BUT there will always be people willing to do this to keep the

wheels turning and to sustain the network.  Wink
sr. member
Activity: 434
Merit: 250
February 22, 2016, 10:51:51 AM
#25
The life depends on the value. You dont know what is going to happen. You only have to just sit and wait what is going to happen.
Everyone hope that the Bitcoin will be more worth so they can sell it with profit. But patience is the most important.
legendary
Activity: 1232
Merit: 1029
February 22, 2016, 07:37:46 AM
#24
each thing has its heyday, Im not sure bitcoin will be life in more than 200years , i think in future someone will create new payment method or new currency with highest technology and bitcoin can dead..
You might be getting little off-topic but actually bitcoins will be closed or say life is long only until all bitcoins are mined. Practically bitcoin prices will keep on go up until all the bitcoins get mined up.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
February 22, 2016, 06:09:48 AM
#23
this is unpredictable but probably when miner decide to stop mining, when the market volume = 0, and maybe when bitcoin price = 0
sr. member
Activity: 350
Merit: 250
February 22, 2016, 07:07:25 AM
#23
Bitcoin has a long life, I think. I think Bitcoin will be a good currency in the future. I hope later that it will have a higher value in the future.
But you cant predict how long the Bitcoin life is. But just take the risk that you will get profit later.
full member
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 22, 2016, 05:54:51 AM
#22
Until miners stop or a party takeover the majority of the total hashes of block chain and do some anomaly in it. Cheesy
full member
Activity: 260
Merit: 100
February 22, 2016, 04:47:44 AM
#21
You just cant predict the bitcoin future. It may decrease or increase. It all depends on time, thats what we have no control of but i honestly believe that bitcoin will have a good future life .
legendary
Activity: 3248
Merit: 1070
February 22, 2016, 04:02:50 AM
#20
it's backed by miners and merchants, miners can drive the price up to make their minign activity profitable

since there is no real competitor to bitcoin(no altcoin are not competitor they ar eonly an alternative) i can assume that it will live forever, as long as the value will make the mining activity profitable
hero member
Activity: 672
Merit: 500
February 22, 2016, 03:48:19 AM
#19
each thing has its heyday, Im not sure bitcoin will be life in more than 200years , i think in future someone will create new payment method or new currency with highest technology and bitcoin can dead..
member
Activity: 78
Merit: 10
February 22, 2016, 03:35:49 AM
#18
Bitcoin may as well be immortal and live forever until the Aliens invade Earth and take control of the Blockchain Smiley
sr. member
Activity: 687
Merit: 269
February 22, 2016, 03:31:37 AM
#17
So what you are saying that the fundamental of bitcoin (the blockchain) will never die even though bitcoin itself could lose all it's value?

The blockchain itself cannot die. Inside blockchain there is info how much funds you have, so if you are worried you can backup blockchain to your own computer, and unless the owner die the funds will not disappear.


Only things that can be attacked is the miners but governments need to organize police arrests all around planet for this to happen. This is unlikely.

Remeber if governments organize something, the police officers will start buying bitcoins because they know governments are scared.

EDIT: I believe Bitcoin will be here long after I'm dead. Bitcoin mining stops in year  2140
newbie
Activity: 8
Merit: 0
February 22, 2016, 03:31:01 AM
#16
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 Think Bitcoin got grow up and down every year to year - time to time, as long as it happened i hope bitcoin can life for a long time because
Therefore balanced.
sr. member
Activity: 464
Merit: 250
February 22, 2016, 03:23:37 AM
#15
bitcoin price will go up when


- major banks crash, many people lose funds

- currency crisis like venesuela nigeria

- china decide to devaluate yuan



bitcoin price can go down when

- many people sell

- scarry newspapers (Bitcoin dead
)

- network trouble



EDIT: if you can predict these things you can make a profit trading Bitcoin
Remember when mike hearn says he has sold all his bitcoin due he knows bitcoin dead already ? And now here we are the bitcoin price isn't going down but it's moved up faster to around $430.
The future of bitcoin so far are so bright! No matter what people say and media say, just Long life bitcoin!
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
February 22, 2016, 03:22:27 AM
#14
Patience my friends. After 7 years, we re still in crypto infancy phase. Nothing s going to make you rich in 2 weeks time, unless you already own 1k BTC.
So gather as much crypto as possible, promote it and stop thinking about dates.
Crypto will outlive all of us, that s for sure.
sr. member
Activity: 252
Merit: 250
BetcoinRakeback.com
February 22, 2016, 03:22:20 AM
#13
Bitcoin will never die. it will always have users on the network, even if the price would drop back to mere cents per bitcoin.

In the eyes of the majority it may well be dead by then, but the network itself will remain running no matter if most of us think it is dead.
So what you are saying that the fundamental of bitcoin (the blockchain) will never die even though bitcoin itself could lose all it's value?
sr. member
Activity: 434
Merit: 250
February 22, 2016, 03:20:56 AM
#12
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
Don't worry about that man.  Sure for 50 years no ons will touch the bitcoin. It will be there like now after 50 years also.
Every four years we can find the halving dude so price will increase accordingly.
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