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Topic: Is bitcoin dead? - page 107. (Read 110801 times)

legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
May 01, 2015, 06:01:28 AM
Don't be too greedy and trying to manipulate the price OP

Meh, no interest in crap like that. The only bitcoins I ever got were a few back when you could mine profitably with GPUs, and a few more in exchange for services. Never bought any with real money and don't plan to. What I am interested in is if anyone serious still sees a future in bitcoin, and if so, what they're reasons might be. That's why I started this thread.

Haha, thanks for the laugh! Cheesy
full member
Activity: 195
Merit: 100
May 01, 2015, 05:47:07 AM
No bitcoin is not dead. Its rising at a moment and so not to worry for next 10 years but i think it will decrease its value in near future as people will start adopting from different countries and as circulation is more it might loose its value in coming future.
legendary
Activity: 1512
Merit: 1005
April 30, 2015, 10:57:11 PM
Not dead. Breathing. Pulsating. Damping with sex power. Alive. Moving earth. Traveling the world on a pair of iron rails. Flying to our natural satellite, pushed by the recoil of matter violently pushed out of a nozzle using a propellant composed by some fuel and an oxidazer.

hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
April 30, 2015, 12:00:48 PM
We must be aware that there is a difference between a circulating currency and a reserve currency.

The Swiss Franc doesn't see many transactions, but has been trusted as a reserve currency.  The same role might be played by bitcoin in future.

Unless the foundations of the world economy change, it's hard to see bitcoin being massively adopted for transactions, since its quantity is limited and modern economies (for better or worse) require more injections of money all the time.  But that very problem makes it perfect as a reserve currency.

People in many developing countries have no trouble keeping two currencies in their head, one local currency for everyday use and one reserve currency for store of value.  With rich world authorities still debasing their money trying to reflate economies seven years after the last crisis, their populations are looking like they should face up to the same issues, soon if not right away.
legendary
Activity: 3248
Merit: 1070
April 30, 2015, 10:48:33 AM
Dead, no.
But I think Bitcoin will need to fight against other technologies based on the blockchain but more centralized. We can see that banks and Western Union are adopting Ripple. While startups are more into Bitcoin.

well this is a non-issue, because fighting a centralization should not be a problem for bitcoin, seeing how it offer a different system which is decentralized, only another decentralized good coin/stuff would be a real threat for bitcoin

i was thinking about a thing, and i finds it a bit funny and sad, because those people that claim "bitcoin is dead", are the same who are waiting for it to fall under double digit to buy a tons of coins...
hero member
Activity: 631
Merit: 500
April 30, 2015, 10:08:56 AM
I don't think that bitcoin is dead nor it will be in the future its only about the insecurity the people has because of the volatile nature of the bitcoin so there is no need to worry atleast for coming years just looking forward to it and hope that community keeps on increasing day by day Smiley
legendary
Activity: 1372
Merit: 1252
April 30, 2015, 09:26:23 AM
The state of the bitcoin as in death or alive can be answered with a simple logical formulae: Are you alive? If yes, Bitcoin is alive. And chances are, after you are dead, Bitcoin will still be alive. Therefore, stop worrying about this, and start amassing as much cheap BTC as physically possible.
hero member
Activity: 938
Merit: 1000
April 30, 2015, 08:48:00 AM
No Bitcoin is not dead and will not be dead atleast for next 15 to 20 years.
It will decrease its value in coming future of time as new digital currencies will be inroduced into the market but it doesnt mean that bitcoin will disappear.  Smiley
legendary
Activity: 896
Merit: 1000
April 30, 2015, 04:47:48 AM
Is Bitcoin dead? I think not. Although the value of a Bitcoin has been decreasing, the community is still growing larger (as I see it). The popularity is also growing as the demand grows higher from new businesses accepting Bitcoin. The media is also quickly spreading the word about Bitcoin and newcomers are seeing the benefits of Bitcoin. But of course, not all is well. I think Bitcoin will start to lose its ground due to the countless new altcoins emerging. But that does not mean Bitcoin will die.

when will people for once stop with looking at the price and say bitcoin is dead or nearly over bla bla bla. look at what's really important. throughout the years bitcoin has grown massively.
legendary
Activity: 2170
Merit: 1000
April 30, 2015, 04:43:47 AM
Is Bitcoin dead? I think not. Although the value of a Bitcoin has been decreasing, the community is still growing larger (as I see it). The popularity is also growing as the demand grows higher from new businesses accepting Bitcoin. The media is also quickly spreading the word about Bitcoin and newcomers are seeing the benefits of Bitcoin. But of course, not all is well. I think Bitcoin will start to lose its ground due to the countless new altcoins emerging. But that does not mean Bitcoin will die.
sr. member
Activity: 518
Merit: 250
April 30, 2015, 03:40:24 AM
Is bitcoin dead ?

No it's not, I think bitcoin will dead but not now maybe will 5-20 years from now.
Bitcoin not dead but the price gonna decrease as much as bitcoin circulate.
It's depend the "big player" decision for sell or hold their bitcoins.

If bitcoin price would fall because of dump by whales it doesn't mean it's dead. If those bitcoins falls into the hands of new investors it would be even better. There's no good if some ''big players'' just hold. It's about the adoption and acceptance by the masses.
full member
Activity: 224
Merit: 100
April 30, 2015, 12:55:16 AM
Is bitcoin dead ?

No it's not, I think bitcoin will dead but not now maybe will 5-20 years from now.
Bitcoin not dead but the price gonna decrease as much as bitcoin circulate.
It's depend the "big player" decision for sell or hold their bitcoins.
member
Activity: 70
Merit: 10
April 30, 2015, 12:39:18 AM
Perhaps bitcoin is dead in some aspects because of new alt coins introduce everyday or every week.People just make a quick bucks. Affecting also the economy of bitcoins.
full member
Activity: 193
Merit: 100
April 29, 2015, 08:30:31 PM
Dead, no.
But I think Bitcoin will need to fight against other technologies based on the blockchain but more centralized. We can see that banks and Western Union are adopting Ripple. While startups are more into Bitcoin.
hero member
Activity: 952
Merit: 1000
April 29, 2015, 07:58:12 PM
#99
I dont think its dead.  Smiley and it would never be  Smiley Its the future.. I wont wonder if it becomes a traditional currency over a period of time. it exists since last 5 years but its on the growing stage at present and it will having a higher value then USD.
sr. member
Activity: 344
Merit: 250
April 29, 2015, 06:19:56 PM
#98
At present it doesn't seem that its dead.. but can't say about future at present the value of bitcoin is increasing day by day and each and every country has started to accept it as a mode of payment so i think for next 5 to 6 years its gonna be on booming stage.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
March 17, 2015, 06:13:11 AM
#97
It seems as if it is, but it really isn't.

I've spread the word of cryptocurrency across many friends. Some of whom, now own Dogecoin.

Dogecoin seems to be by far more convenient for everyday life (insomuch as this is possible for cryptocoins in principle). It is cheap as dirt (specifically making it so was a right decision), transaction costs are ridiculous while confirmations are almost instantaneous (in comparison with time it takes to confirm a bitcoin transaction)...
sr. member
Activity: 420
Merit: 250
March 17, 2015, 05:58:17 AM
#96
It seems as if it is, but it really isn't.

I've spread the word of cryptocurrency across many friends. Some of whom, now own Dogecoin.
hero member
Activity: 742
Merit: 526
March 17, 2015, 05:53:10 AM
#95
Bitcoin can't be dead, It's decentralized, that means no one can kill it.
It's like a virus, you may weaken it, but can't kill it.

The fact that no one can kill bitcoin doesn't in the least imply that it can't die on its own. Furthermore, regarding viruses, which you obviously set forth as an example of invulnerability, you are pretty much incorrect too, since a smallpox virus (one of the deadliest viruses in human history) has been completely eradicated and is no longer naturally occurring.
sr. member
Activity: 462
Merit: 250
March 17, 2015, 05:35:50 AM
#94
Bitcoin can't be dead, It's decentralized, that means no one can kill it.
It's like a virus, you may weaken it, but can't kill it.
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