Next generations on bitcoin - page 3.

Yatsan

legendary

Activity: 2576

Merit: 1252

Leading Crypto Sports Betting & Casino Platform

Quote from: Chato1977 on December 17, 2022, 01:48:36 AM

Quote from: ethereumhunter on December 17, 2022, 12:43:47 AM

I guess it could happen. But if they want to get 1 full bitcoin, they can look for it and try to trade with stable coin pair altcoins because that's what we've been doing. As long as they can do these methods and they can find out how they can get 1 bitcoin, they can have a lot of bitcoins, especially if they can analyze bitcoins.

When the price of bitcoin is like it's out of reach for most people but they can still try to get it in various ways, they will do it. Even though that means they have to fork bitcoin again because their goal is still to have 1 full bitcoin.

Accumulating bitcoin isn't that easy because the value nowadays is really high but if you know how to trade altcoin then for sure in the time that you gather enough profit then you can purchase one and keep it for holding , but of course this will take time.,effort and courage same as Knowledge to gain that much.
it took me years before finally hot my whole bitcoin..

Problem is; it is not easy to succeed in trading. You'll need atal and a year of experience and learning before you do well in such field. Best gateway is through campaigns in this forum to somehow earn but if you don't have a high rank you won't earn that much. If that's the case, you may participate on airdrops. Or do copytrading (has risks as well). But my question is, why would 1BTC be the requirement? Feel free to earn as much as you van if it is just a 'start' you are aiming. If you manage to earn 1 or morethen that's great. But do not be pressured of not earning such amount at the present because that would only slow you down.

The mentioned 'gap' by OP won't be bigger if you won't stop earning. As long as you are having gains, things would be the same. Also changing the mindset from getting 1 BTC to just put and earn an amount would be enough for now, would be better.

Nrcewker

copper member

Activity: 2394

Merit: 539

DGbet.fun - Crypto Sportsbook

Quote from: S A KHAIR on December 16, 2022, 12:00:40 PM

What will be certain is that bitcoin will still exist or be used in the next 100 years. Thinking about that is too far-fetched and makes no sense at the moment. We're in the present, so let's try to have more bitcoins than others, that's what we should be more concerned with than thinking about the next 100 years.

Anything can happen in the next 100 years. If we think about that, then certainly we will miss the present opportunities. I am not saying that OP is wrong, but yes we need to think about this carefully. As Bitcoins are limited in number, so definitely after certain years it will become more valuable. In order to keep the pace, we need to buy as many Bitcoins as we can, and hold for longer period. Next generation might have different opinion regarding this, but we should treat the Bitcoins in the way that it should be.

Chato1977

member

Activity: 1246

Merit: 58

Quote from: ethereumhunter on December 17, 2022, 12:43:47 AM

I guess it could happen. But if they want to get 1 full bitcoin, they can look for it and try to trade with stable coin pair altcoins because that's what we've been doing. As long as they can do these methods and they can find out how they can get 1 bitcoin, they can have a lot of bitcoins, especially if they can analyze bitcoins.

When the price of bitcoin is like it's out of reach for most people but they can still try to get it in various ways, they will do it. Even though that means they have to fork bitcoin again because their goal is still to have 1 full bitcoin.

Accumulating bitcoin isn't that easy because the value nowadays is really high but if you know how to trade altcoin then for sure in the time that you gather enough profit then you can purchase one and keep it for holding , but of course this will take time.,effort and courage same as Knowledge to gain that much.
it took me years before finally hot my whole bitcoin..

justdimin

hero member

Activity: 3220

Merit: 678

www.Crypto.Games: Multiple coins, multiple games

Quote from: hundof94 on December 16, 2022, 07:01:57 AM

Does that mean new generations will have the motive to start bitcoin over again and start spreading the same way Facebook did? Starting from college students and get mass adopted later on?

That is basically what is going on with altcoins, are you not aware? There are a lot of people who were not part of the early part of bitcoin and try to join in on the newer altcoins in case they grow to be huge, like if something you got in when it was 10-20 million marketcap became 10 billion in marketcap, that is good enough forever for you, you will never need more money ever again. That is what people are banking on when they are investing into crappy shitcoins that come out everyday.

I personally feel like there is a good chance people will keep doing that, but forking bitcoin will not make the real one gone, it will just create another altcoin.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

I guess it could happen. But if they want to get 1 full bitcoin, they can look for it and try to trade with stable coin pair altcoins because that's what we've been doing. As long as they can do these methods and they can find out how they can get 1 bitcoin, they can have a lot of bitcoins, especially if they can analyze bitcoins.

When the price of bitcoin is like it's out of reach for most people but they can still try to get it in various ways, they will do it. Even though that means they have to fork bitcoin again because their goal is still to have 1 full bitcoin.

Darker45

legendary

Activity: 2576

Merit: 1860

The moment Bitcoin was launched was also the moment all succeeding coins will be named altcoins. Whatever coin they are, they will be nothing but mere altcoins. The point is that there is no starting Bitcoin over again.

However, I have to embrace the reality that Bitcoin is probably not the best currency the world will ever have. At this point, Bitcoin probably is, but a hundred years from now? We cannot tell. Calling Bitcoin the best currency the world will ever have is probably a huge insult to an ever-developing and evolving world. The growing pace of technological development and innovation and the ever-changing times could mean a new best currency would arise a century from now.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: hundof94 on December 16, 2022, 07:01:57 AM

What if 50-100 years from now new generations just fork bitcoin from the beginning to start again because they were not part of the early wealth accumulation? 🤔

In 50-100 years the gap is going to be so massive. Someone born 50 years from now have almost zero chance to own 1 bitcoin while there will be people holding thousands.

Does that mean new generations will have the motive to start bitcoin over again and start spreading the same way Facebook did? Starting from college students and get mass adopted later on?

Just take a look at al the forks and altcoins which have existed over the years and you will see that such a thing does not matter at all, at the same time your argument is really weak because if that was enough of a reason to reboot bitcoin then why not do the same with the whole economy? After all now most of the wealth is concentrated in a few hands and some may think of this as unfair and yet we do not do it, so while I can see why some may think it is unfair other users have so many coins when they have almost nothing, this is not enough of a reason to do this.

bitzizzix

sr. member

Activity: 2590

Merit: 452

Enjoy 500% bonus + 70 FS

This is a question no one can predict, even though we may not know exactly where bitcoin is. It's safe to say that while blockchain technology is here to stay, it will be very interesting to see how it shapes the future for generations.
actually, there's no point in thinking too far out there because there's no point in thinking about something we won't feel or know about because we definitely don't exist, but I think bitcoin will last forever as long as people use it.
and if you look at the difference in technology between 100 years ago and now, or even 20 years ago and now. the rate of technological evolution is increasing rapidly, largely due to the increase in the flow of information. And blockchains like bitcoin will improve these flows and the accuracy of the data contained within them, but like all technologies, blockchains will need to be replaced at some point.

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

Quote from: Artemis3 on December 16, 2022, 08:21:25 AM

The funny thing is that very thing has been ocuring during all the life of Bitcoin, its called "altcoins"... Doesn't mean they will succeed.

Yep this is true if the young generation started all over again the chain this will called altcoin even though is the technology that used is same thing as the bitcoin did.

In my perspective the way we called "Bitcoin" is only one the fork of bitcoin is altcoin and that's it

romero121

legendary

Activity: 3234

Merit: 1214

Casinopunkz - Anonymous Crypto Casino

Quote from: Zilon on December 16, 2022, 05:15:13 PM

There have been a lot of Bitcoin fork after Bitcoin cash, and none has made half the impact Bitcoin has done. 50-100 years is too far to guess what to expect the present forks is enough to give a picture of what to expect if the future generation tries to fork Bitcoin because they feel they missed the early accumulation phase it will only end up in altcoin projects except there will be a different ledger system more advanced than the blockchain anything that operate on the blockchain as a crypto currency forked from Bitcoin remains altcoin.

Same as this we can see more people trying to fork bitcoin. Someone like Roger will claim it to be the real bitcoin keeping some legal players. This is common as everything is connected with money. The generation needs to understand about blockchain and later they won't think of cloning the bitcoin network so to own a single cloned bitcoin.

Zilon

sr. member

Activity: 966

Merit: 423

Bitcoindata.science

There have been a lot of Bitcoin fork after Bitcoin cash, and none has made half the impact Bitcoin has done. 50-100 years is too far to guess what to expect the present forks is enough to give a picture of what to expect if the future generation tries to fork Bitcoin because they feel they missed the early accumulation phase it will only end up in altcoin projects except there will be a different ledger system more advanced than the blockchain anything that operate on the blockchain as a crypto currency forked from Bitcoin remains altcoin.

BitDane

sr. member

Activity: 1372

Merit: 348

Quote from: hundof94 on December 16, 2022, 07:01:57 AM

What if 50-100 years from now new generations just fork bitcoin from the beginning to start again because they were not part of the early wealth accumulation? 🤔

In 50-100 years the gap is going to be so massive. Someone born 50 years from now have almost zero chance to own 1 bitcoin while there will be people holding thousands.

Does that mean new generations will have the motive to start bitcoin over again and start spreading the same way Facebook did? Starting from college students and get mass adopted later on?

We don't need to wait 50-100 years but rather we can just look back and check cryptocurrency's Bitcoin fork history dating 2014 up to present. This history will discourage new generation in forking Bitcoin because most of these Bitcoin fork happen to have short success and then goes down the drain. Besides, Bitcoin isn't just a code anymore, it has already an established economy and community that will try to resist any changes greedy developers wanted to implement for their personal gain.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

Quote from: hundof94 on December 16, 2022, 07:01:57 AM

What if 50-100 years from now new generations just fork bitcoin from the beginning to start again because they were not part of the early wealth accumulation? 🤔

It won't be bitcoin anyway. People already attempted doing this and then we have Bitcoin Cash, Bitcoin Gold, Bitcoin SV, Bitcoin Diamond, Super Bitcoin... And much more.

Quote from: hundof94 on December 16, 2022, 07:01:57 AM

In 50-100 years the gap is going to be so massive. Someone born 50 years from now have almost zero chance to own 1 bitcoin while there will be people holding thousands.

Well, better to have 0.0001BTC with Bitcoin pricing 100,000$-200,000$ than owning 1 Bitcoin Something pricing 0,01$.

Quote from: hundof94 on December 16, 2022, 07:01:57 AM

Does that mean new generations will have the motive to start bitcoin over again and start spreading the same way Facebook did? Starting from college students and get mass adopted later on?

Younger generations should start with bitcoin like the previous ones. The search for an improved bitcoin has already lead many investors into losing money to pump and dump schemes through altcoins. And if they continue thinking like this, younger generations are going to lose more money yet.

PrivacyG

legendary

Activity: 882

Merit: 1873

Crypto Swap Exchange

I missed the 'early wealth accumulation' too. Anyone not investing today will say the same years down the road. I can try to restart Bitcoin right now. But I will fail, because nobody is going to want my Coin.

By spending 1 BTC today, you are spending about $17,000 that could be worth well over a million one decade from now. This is why I am saying it. We are and will always continue to be early. It is just never going to be late.

-
Regards,
PrivacyG

The Cryptovator

legendary

Activity: 2436

Merit: 2228

Signature space for rent

What would be benefits of a fork form the beginning? They cannot obtain Bitcoin or fork coin because of the fork. I'm not sure if the OP is familiar with Bitcoin fork. Forking new coins would be similar to Ravencoin (RVN), which claims to be a Bitcoin fork with a different supply. It has no monetary value, unlike Bitcoin. Or another type of fork, such as Bitcoin Cash, which is a waste of time for the community. None of them are competitive with Bitcoin or anything similar. Rather, I believe that when the next generation learns about Bitcoin, they will develop a different currency than Bitcoin. It will not harm Bitcoin's existence.

tjtonmoy

sr. member

Activity: 1008

Merit: 366

I was having a somewhat similar thought. But not skipping 50-100 years. I have seen BTC grow and fall. Also, there are thousands of altcoins and new blockchains are popping up now and then with their own coins.
But none of them has come close to BTC in price point.
Why can't they succeed? (there are few successful projects!) If someday BTC falls and went out of existence (just imagine), which will be its successor?....
And if one could replace BTC, will it provide the same features, or will it be improved?

This makes no sense, but just a thought in my curious mind.

S A KHAIR

full member

Activity: 952

Merit: 108

1xBit recovered their reputation

What will be certain is that bitcoin will still exist or be used in the next 100 years. Thinking about that is too far-fetched and makes no sense at the moment. We're in the present, so let's try to have more bitcoins than others, that's what we should be more concerned with than thinking about the next 100 years.

aoluain

legendary

Activity: 2464

Merit: 1387

Concentrate on the now, not in the past and what could have been. The vast majority of us
were not involved with the early stages of Bitcoin but we should be grateful for the early adopters
and everyone else who have nurtured it and helped it grow to where it is today.

Forking Bitcoin in any way won't result in what the OP wishes, The Bitcoin Blockchain
will continue on its path with the vast majority of interested people supporting and
following it, it's consensus!

Artemis3

legendary

Activity: 2030

Merit: 1573

CLEAN non GPL infringing code made in Rust lang

The funny thing is that very thing has been ocuring during all the life of Bitcoin, its called "altcoins"... Doesn't mean they will succeed.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: hundof94 on December 16, 2022, 07:01:57 AM

What if 50-100 years from now new generations just fork bitcoin from the beginning

Forks usually happen at the current chain, if you restart from the start it's an altcoin. You don't have to wait 50 years for that, people have already done that thousands of times. Some of them got rich from it, but ultimately they all want Bitcoin instead of their own made-up coin.

Quote

In 50-100 years the gap is going to be so massive. Someone born 50 years from now have almost zero chance to own 1 bitcoin while there will be people holding thousands.

If only young people could do that with dollars or euros too Wink

Topic: Next generations on bitcoin - page 3. (Read 550 times)