Is future really bitcoin?> - page 2.

Darker45

legendary

Activity: 2576

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Quote from: SoJGo on August 08, 2019, 03:27:19 AM

Bitcoin is developing. It is not stagnant at all. And the technologies affecting Bitcoin are also developing. The speed of transactions are being efficiently addressed. The Lightning Network is the step by which the concerns about speed is given solution to. As regards energy consumption, various steps are also done in order to put into the picture the use of renewable energy. Many of these have already materialized.

This brand new member above me has sufficiently answered your questions and concerns.

1. Bitcoin is moving forward, not stagnant at all.
2. The Bitcoin mining energy issue for me is blown out of proportion. But it is being addressed just the same.
3. Decentralization =/= Stagnation.
4. Bitcoin is the "main one" because it is the father of everything, the prime mover. And it is not in any way threatened by any single altcoin or even all of them combined.
5. There is still a team behind Bitcoin, responsible for seeing to it that everything runs smoothly.

Welcome to trading, by the way. Keep safe, avoid getting emotional, and good luck!

tiedcoin

jr. member

Activity: 89

Merit: 2

Well, yes. Bitcoin really is the future. Although many new altcoins are launching daily, bitcoin will still be the king, and there is no changing this fact. No matter what altcoins have to offer, no single coin can compete with the BTC. It is the most promising technologies of the 21st century.

Betwrong

legendary

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I stand with Ukraine.

Quote from: arpon11 on July 31, 2019, 02:37:43 AM

Bitcoin mining consume a lot of energy and we are daily seeing many technology development now and in future we are going to see mining simplified. Bitcoin has done well for more than 9 years now and it is still growing and that means people are becoming knowledgable in the benefits of blockchain technology and bitcoin.

Bitcoin mining is not that difficult per se, so the alleged simplification is not needed. Energy consumption by the Bitcoin network is not dependent on the number of transactions per hour(as some journalists think), but rather it depends on the number of miners. The more miners in the network, the higher the difficulty target so that each new block was mined not faster than in 10 minutes. If, for some reasons, 90% of the current miners would stop mining, the network would work just as fine, but the energy consumption would decrease 10 times.

ansarose1

member

Activity: 784

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i think we are already in the future that bitcoin already exist. Bitcoin is the most valuable coin in the market and the most volume coin in the market. I also think that in the future there are no countries would ban bitcoin because we need cryptocurrency or bitcoin in the future since it is now part of the economy. As for the development of bitcoin, it is said that bitcoin helps some of country's economy and more good features for its development to come in the future.

Misshi

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Quote from: muslol67 on July 24, 2019, 04:35:36 AM

Quote from: rufio90210 on July 24, 2019, 04:32:40 AM

Hi,

Im new to trading, there are so many coins and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

The subject of mining and energy is completely relative. The energy consumed in today's conditions will not be the same as the future. Perhaps, as a result of some technological developments, energy consumption will decrease. I think we have more important problems, such as legal regulations.

Yes, the main problem here is not the electricity consumed whether it is high or low but the government regulations that stopping Bitcoin to enter the market legally. Bitcoin price is not crashing because many people are holding it. There will never be replacement of Bitcoin since all alternative cions started because of Bitcoin.

Slow death

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Quote from: rufio90210 on July 24, 2019, 04:32:40 AM

Im new to trading...

welcome to this fantastic world

Quote from: rufio90210 on July 24, 2019, 04:32:40 AM

there are so many coins...

Nope, there are hundreds of shitcoins... of these 2397 probably 90% are shitcoins

Quote from: rufio90210 on July 24, 2019, 04:32:40 AM

and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins?

bitcoin is decentralized and its creator is anonymous which makes people feel more confident that it will not have influence from its creator (pump and dump) ... and has a large community that gets involved in bitcoin development. other altcoins are very centralized and have no real world use

jakoylantern

full member

Activity: 560

Merit: 107

Quote from: rufio90210 on July 24, 2019, 04:32:40 AM

Hi,

Im new to trading, there are so many coins and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

For me, bitcoin is considered as the main one because its the true bitcoin is the main one or principal one, bitcoin is the first successful cryptocurrency and the success of bitcoin result high price, high demand, creating new crypto, etc. But bitcoin is limited to an estimated 21 million and reaching on its limit it will be difficult to mine bitcoin. But it thinks in the future another cryptocurrency will rise and will be the next step or evolution of cryptocurrency that will be much better than bitcoin.

sarmrakib

full member

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Quote from: ?? on ??

I think Bitcoin has a strong team so they can continue to survive until now even for the future, that's not able to be competitive by the newborn Crypto today. And I personally believe Bitcoin will continue to survive even though it will be born a lot of coins with more advanced features.

Bitcoin is well developed coin and as i know its the first crypto which has got its value. There is nothing more to prove that bitcoin is the best crypto ever .Its well developed and updated .Its true we are watching lots of coin now but there is no coin has invented to beat it though well featured .Btc it still dominating the crypto market.

Pixyoxx

full member

Activity: 291

Merit: 119

We can partially agree on the fact that Bitcoins might be the future. Although many services have already started accepting Bitcoins as a source of payment but not all governments are in favour of that. For example: recently only the Indian government has banned Bitcoins and have decided to charge a 10 year imprisonment for an Indian to hold Bitcoins which is pointless.
But let's appreciate what we have achieved till now and let's hope for a better future for Bitcoins.

tanjiran

full member

Activity: 770

Merit: 113

bitcoin has a strong position as the initiator of the emergence of cryptocurrency. so, even though there are many coins that come with better information, bitcoin remains a special one with the largest trading volume.
to increase knowledge better, I think op requires Google for more complete information related to bitcoin

arpon11

sr. member

Activity: 882

Merit: 282

Bitcoin mining consume a lot of energy and we are daily seeing many technology development now and in future we are going to see mining simplified. Bitcoin has done well for more than 9 years now and it is still growing and that means people are becoming knowledgable in the benefits of blockchain technology and bitcoin. We are having many coins that are fast in transfer of values and coins like monero, stellar, dogecoin, ethereum and litecoin are better than bitcoin in terms of technology but bitcoin remain the strongest and the most used coins because it is the foundation of the cryptocurrency.

Yukyzu

full member

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Quote from: ilovealtcoins on July 30, 2019, 08:06:19 AM

Look at the needs of the whole market. We can see that Bitcoin is exchanged by people through trading channels on exchange exchanges
Very large OTC. Bitcoin's demand is getting higher and higher and more people are known and if it is now buying altcoin it is definitely a good choice.

You're right, even in recent years, we see how the price of Bitcoin has risen from $ 4,000 to 10,000-14,000. These are very good signs for the market and demand is increasing every day.

well, the longer, bitcoin prices will certainly increase, because of the many factors that cause it. well, in the future, when people know that using bitcoin is very simple, I think people will switch to using bitcoin as an alternative to exchange. at present, not many online stores accept bitcoin, but in the future, bitcoin will definitely be accepted.

Raidal

full member

Activity: 560

Merit: 100

Quote from: rufio90210 on July 24, 2019, 04:32:40 AM

Hi,

Im new to trading, there are so many coins and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

I think no one can guarantee that bitcoin really is in the future. Indeed, as a technology, bitcoin still has a negative side as well as a positive side. Technology definitely needs improvement so that it can continue to provide the best but all improvements to bitcoin cannot be done. Indeed there are limitations in bitcoin so that the lack of bitcoin is covered by the advantages of other coins. But I think bitcoin will continue to compete with other coins even though other coins are more technologically superior because the popularity of bitcoin is ingrained.

ilovealtcoins

sr. member

Activity: 1246

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Look at the needs of the whole market. We can see that Bitcoin is exchanged by people through trading channels on exchange exchanges
Very large OTC. Bitcoin's demand is getting higher and higher and more people are known and if it is now buying altcoin it is definitely a good choice.

Sunyoto

member

Activity: 574

Merit: 10

if I think the future of bitcoin will also experience good price developments in the future, because investment in bitcoin is also a good investment to get returns, because I believe the future of bitcoin will also provide a more stable price for a long time

kogozer714

copper member

Activity: 593

Merit: 10

the future of crypto is bitcoin because with the existence of bitcoin we have known many coins besides bitcoin and they are still following bitcoin until now and many people are infesting with bitcoin. the problem for energy I think for years and years they have started a very good development. legalization with the government is the most important step before we can say anything about the evolution of Bitcoin.

HELLOFF

member

Activity: 602

Merit: 10

Many professionals in the cryptocurrency market say that it was thanks to ethereum that they managed to carry out those plans that they could not realize when creating Bitcoin. At the same time, even today, Ethereum continues to be updated, on which the team is working very fruitfully.But despite everything, Bitcoin will remain the most valuable cryptocurrency asset, because each of us is waiting for opportunities when Bitcoin prices soar by hundreds of percent.

todiboa

jr. member

Activity: 128

Merit: 2

In my opinion, among all the cryptocurrencies the most honest is Bitcoin since its creator did it for the overall good. It is possible that due to trust in Bitcoin, this coin will always be the most top

boris2470

jr. member

Activity: 113

Merit: 5

It is better to say that the future of the economy is a cryptocurrency based on Blockchain. Will it be Bitcoin or something else nobody knows. People need privacy and transparency without 3rd persons. Cryptocurrency gives people such a feature, so that is why it is the future.

putukin

jr. member

Activity: 108

Merit: 1

Bitcoin is basic because it was first. When the positive growth trend went, people started buying Bitcoin massively. Similarly, it was with Etherium. That is why these two coins are still at the top of the market, despite the fact that there are more advanced coins

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