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Topic: Is bitcoin dead? - page 101. (Read 110801 times)

legendary
Activity: 2982
Merit: 1506
Pie Baking Contest: https://tinyurl.com/2s3z6dee
June 05, 2015, 06:20:23 AM
long as there is usage for Bitcoin, it will never die.
At worst, the price will drop a lot. But that will only hurt speculator and miner and not end consumer.

I think if Bitcoin price drop a lot, no one that use that again, so we need revolution about that or create a new one.
sr. member
Activity: 278
Merit: 250
June 05, 2015, 03:13:09 AM
long as there is usage for Bitcoin, it will never die.
At worst, the price will drop a lot. But that will only hurt speculator and miner and not end consumer.
sr. member
Activity: 490
Merit: 255
June 02, 2015, 01:43:23 PM
I don't think so, but the price may be........

bitcoin is tied to its price, so if one die the other will follow, at best you could say that its technology will remain alive, even if it die, which could be used with another project in the future

It will not die, the network effect is too strong for Bitcoin to die at this point. It's like saying Gold will die because of an huge crash. Bitcoin has no severe design flaws for it to be able to reinvent itself, even if doing so requires hard forks.
Yeah and never in the future because we need it to easy transaction and also to adopt the technology of the future.
legendary
Activity: 868
Merit: 1006
June 02, 2015, 11:21:28 AM
I don't think so, but the price may be........

bitcoin is tied to its price, so if one die the other will follow, at best you could say that its technology will remain alive, even if it die, which could be used with another project in the future

It will not die, the network effect is too strong for Bitcoin to die at this point. It's like saying Gold will die because of an huge crash. Bitcoin has no severe design flaws for it to be able to reinvent itself, even if doing so requires hard forks.
legendary
Activity: 1358
Merit: 1014
June 02, 2015, 10:52:45 AM
I have seen lots of local good news lately. It think people has no idea of what's going on with the blocksize problem eyond the people that are active members of the community.

People who have sizable amounts invested in Bitcoin will be following it closely. They can't afford to be caught napping. Smiley
A casual follower may not be aware of it...

99% of users of a technology aren't aware of how the technology works, as long as it does it job correctly. Therefore, all of this is a non issue for mass adoption, as long as we keep solving problems.
legendary
Activity: 3248
Merit: 1070
June 02, 2015, 02:50:53 AM
I don't think so, but the price may be........

bitcoin is tied to its price, so if one die the other will follow, at best you could say that its technology will remain alive, even if it die, which could be used with another project in the future
sr. member
Activity: 490
Merit: 255
June 02, 2015, 02:02:29 AM
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I have seen lots of local good news lately. It think people has no idea of what's going on with the blocksize problem eyond the people that are active members of the community.

People who have sizable amounts invested in Bitcoin will be following it closely. They can't afford to be caught napping. Smiley
A casual follower may not be aware of it...
And maybe they depend on the price of bitcoin. Like now the bitcoin price is too low. So that they can say that bitcoin is dead or bitcoin price is not like the past price which high price.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
June 01, 2015, 07:32:56 PM
I have seen lots of local good news lately. It think people has no idea of what's going on with the blocksize problem eyond the people that are active members of the community.

People who have sizable amounts invested in Bitcoin will be following it closely. They can't afford to be caught napping. Smiley
A casual follower may not be aware of it...
legendary
Activity: 1834
Merit: 1008
June 01, 2015, 10:13:57 AM
I don't believe bitcoin is dead because the technology will always pave the way for new ideas but it certainly has lost the buzz and lustre it had before this year broke out. I think there is competition also emerging from new digital coins that might also be tough to compete with in the future but it isn't dead not at the moment just perhaps not very profitable to mine as it used to be in the early days.

Same here. I don't think it is dead or dying in the coming future and yes as you said bitcoin will definitely face the competition from the new entrants in coming future but it will not make it dead the only thing we need is the more usage of bitcoin from the people and the adoption from society.

To make sure society adopt bitcoin that is a hard part to do, even if there is so many proof but still people out there will think that bitcoin is a bad thing to do and they wont even have any connection with it. If this thing is happen in a long time and nothing to be done I dont think bitcoin will last long, if bitcoin die other crypto should be dead too
hero member
Activity: 770
Merit: 509
June 01, 2015, 08:16:51 AM
I have seen lots of local good news lately. It think people has no idea of what's going on with the blocksize problem eyond the people that are active members of the community.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
May 31, 2015, 07:48:21 PM

The main reason behind it is the competition bitcoin is facing from some other digital currencies like altcoins and this would continue in future too..but just remember daddy is daddy.. and it can never get dead as the financial gurus have said that it is the future currency.

Alts are by and large just as quiet or quieter than Bitcoin itself. New blood isn't exactly pouring in and the people who've been around a while have been raped too many times by alts.

 
hero member
Activity: 938
Merit: 1000
May 31, 2015, 06:34:10 PM
Wow never saw that IBM thing, pretty cool

As i said if that would happen 2 years ago, everyone would talk about it. Now is so many news that it just dont attract so much attention anymore.

The main reason behind it is the competition bitcoin is facing from some other digital currencies like altcoins and this would continue in future too..but just remember daddy is daddy.. and it can never get dead as the financial gurus have said that it is the future currency.
hero member
Activity: 952
Merit: 1000
May 31, 2015, 05:53:41 PM
Wow never saw that IBM thing, pretty cool

As i said if that would happen 2 years ago, everyone would talk about it. Now is so many news that it just dont attract so much attention anymore.

This is exactly right If the utility of the network is increasing, then so it the economic value of the entire system, bitcoin has a really good run ahead, we are still correcting from the earlier bubble which had a valuation far outside of a reality, and are under price pressure from a stronger dollar which is depressing things further.
hero member
Activity: 533
Merit: 500
May 31, 2015, 04:30:07 PM
I don't believe bitcoin is dead because the technology will always pave the way for new ideas but it certainly has lost the buzz and lustre it had before this year broke out. I think there is competition also emerging from new digital coins that might also be tough to compete with in the future but it isn't dead not at the moment just perhaps not very profitable to mine as it used to be in the early days.

Same here. I don't think it is dead or dying in the coming future and yes as you said bitcoin will definitely face the competition from the new entrants in coming future but it will not make it dead the only thing we need is the more usage of bitcoin from the people and the adoption from society.
legendary
Activity: 2730
Merit: 1288
May 29, 2015, 04:03:42 PM
Wow never saw that IBM thing, pretty cool

As i said if that would happen 2 years ago, everyone would talk about it. Now is so many news that it just dont attract so much attention anymore.
legendary
Activity: 2562
Merit: 1414
May 29, 2015, 03:31:14 PM

Most companies do aware of it but the fact is that BTC is not actually usefull in most of the companies sale as most people still dont have any knowledge yet of BTC . This will hinder their sale if they were to only accept BTC, that is why most companies that accept BTC accept FIAT as well, this makes BTC not usefull as things could be purchase with FIAT rather than BTC.

Also that Microsoft do accept BTC for some sale but it has yet make any significant effect so it is not a guarantee that if a big company was to accept BTC then it will make a significant effect



But with the acceptance from them bitcoin price will be sure going higher than usual and about bitcoin knowledge they can get it with the time goes by. That means their company can either choose to pay them with fiat or bitcoin. That should be work by then

I think it will be easy to make Microsoft to take that thing, but there are some people that wont believe it because of lacking information about bitcoin, thats why they need to accept it and learn with the time goes by

Not really, Microsoft and some other companies do accept BTC and all effect that it did was a short hype that did increase the price for approximately 24 hours, later the price went down to where it was before. Actually good thing about famous companies accepting BTC is that it serve as a proof that BTC is not dead yet ( which is a common thought to most people )

People tend to avoid things that are not real , in this case it will be "virtual" . Most people actually aware of BTC but they lost interest of it because they tend to think that this is not real and perhaps something like "poker chip/play money"
hero member
Activity: 924
Merit: 1000
May 29, 2015, 01:20:07 PM
Wow never saw that IBM thing, pretty cool
full member
Activity: 228
Merit: 100
May 29, 2015, 12:07:32 PM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago.

I have friends in Brazil and they got a lot of BTC, they were a group and got almost 1 entire BTC in total, google "BTC Rain" there is a video about it.

I think you are talking about this:

https://www.youtube.com/watch?v=5LIX1ot9peI

It was great, 50000 USD giveaway, basically 234 BTC giveaway, pretty crazy. Big opportunity to get 1 BTC as a newbie if you were there.

1 BTC is indeed a great opportunity. Imagine these guys investing it in a coin to be pumped and ending with 5-10 btc in a week haha
legendary
Activity: 868
Merit: 1006
May 29, 2015, 12:05:10 PM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago.

I have friends in Brazil and they got a lot of BTC, they were a group and got almost 1 entire BTC in total, google "BTC Rain" there is a video about it.

I think you are talking about this:

https://www.youtube.com/watch?v=5LIX1ot9peI

It was great, 50000 USD giveaway, basically 234 BTC giveaway, pretty crazy. Big opportunity to get 1 BTC as a newbie if you were there.
legendary
Activity: 1834
Merit: 1008
May 29, 2015, 11:35:08 AM

Most companies do aware of it but the fact is that BTC is not actually usefull in most of the companies sale as most people still dont have any knowledge yet of BTC . This will hinder their sale if they were to only accept BTC, that is why most companies that accept BTC accept FIAT as well, this makes BTC not usefull as things could be purchase with FIAT rather than BTC.

Also that Microsoft do accept BTC for some sale but it has yet make any significant effect so it is not a guarantee that if a big company was to accept BTC then it will make a significant effect



But with the acceptance from them bitcoin price will be sure going higher than usual and about bitcoin knowledge they can get it with the time goes by. That means their company can either choose to pay them with fiat or bitcoin. That should be work by then

I think it will be easy to make Microsoft to take that thing, but there are some people that wont believe it because of lacking information about bitcoin, thats why they need to accept it and learn with the time goes by
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