Topic: some say bitcoin only until 2030? - page 4. (Read 4120 times)

nobody can possiblily know that.
you can say bitcoin may be used a lot or a little but you can never say it will never exist in 2030.
anybody who claims this is talking nonesense.

besides everything is pointing towards a better future for bitcoin so it can even be wrong.

why would bitcoin suddenly die at 2030?

the only reason bitcoin would die is if some other altcoin replaces it

it's impossible to know when and if another coin would replace bitcoin, so making a prediction about 2030 is useless.

It's all related to the price of bitcoin. Bitcoin itself will remain for lifetime but it's value can decrease to less than 1¢ then it would be worthless. One other outcome could be Bitcoin's price increasing by a lot I mean 1 btc to be of 100,000$ or more then also it could die as not many people would use that.

I think BTC will survive and thrive for a long time yet. The way network effects work, the longer it survives, the likelier it becomes that BTC will continue to survive.

No one can tell you what will Bitcoin be within the next 2 years.So trying to make a prediction for 2030 can not be taken seriously.
The space is growing so fast and changes will happen so quick that a broader, further forecast is very vague and unprecise.

Your intention was not until 2030 bitcoin?

I don't expect bitcoin to be some sort of infinite and immortal currency, but having Bitcoin collapse or start to shrink in terms of community involvement by 2030 seems a bit short when you look at the overall picture. It is also basically impossible to predict either way, due to the erratic nature of Bitcoin and it's community.

We will have to see what happens over the next decade in order to get even a remote idea whether or not bitcoin will collapse at that point, but for now Bitcoin's prospects are only looking up.

No it will not be over in 2030.  It will be in full force in 2030 with widespread adoption.

Positive thinking!! That's what would be cool, but I think it'll take a bit longer than that. Probably 2050 to completely rid our generation with a broken dollar.

yes this aalah renewal era. the era of the latest financial payments. and I think 2030 is a time where the conventional real money will be lost. bitcoin will become a strong financial sector.

Thank you.

1 BTC = 1 BTC

2030 is so early for bitcoin to die, as this is 2017 and in 13 years from now i am not seeing any tech that can decrypt the bitcoin addresses so bitcoin will surely be functional till 2030.

i also think bitcoin will get a stabil prize and will become more and more popular.
But noone can say this all can only hope

but any Cryptocoin will allways be at the top maybe it will be Ether in future or not.


kind regards

2050? It was a long while, I hope so bitcoin survive up whenever

I agree with the first part. I like the actual competition between various cryptocurrency models, so there can be experimented with security and reward mechanisms. And yes, Bitcoin is moving forward (These "altcoiners" that think that Bitcoin is "outdated" have no clue).

But the energy problem potentially is a severe flaw. I've read an analysis that with a really widely-used Bitcoin the energy requirements should be as high as that of Finland. That's a lot (although I doubt the current banking/financial system consumes less).

The problem with switching to PoS is that there would be much resistance, as it would touch a key part of the protocol. So I don't expect it to be a move without losses. A switch to PoS would be much more controversial than the XT/Classic/Core discussion we had recently.

I think for now it's too early to say that PoS is "weaker" than PoW. I know the theory behind this statement (Nothing-at-Stake, "closed" system ...) but also the criticism of this theory (Vitalik Buterin's Weak Subjectivity statements). And no successful attack on a larger PoS coin has been carried out until to date. That may be related to the small market cap of actual PoS currencies. So I'm curious what will happen if Ethereum switches to PoS.

And there may be other systems we don't know for now and that are better than PoS.

Bitcoin, as a protocol, is immortal. We can choose to ignore Bitcoin, but it cannot be shut off, it cannot be destroyed. Regardless of how we feel about it, it is here to stay. Bitcoin might cause permanent deflation, it might cause mass unemployment, it might cause famine, or cause the water of the Nile River to change into blood or trap the whole universe in an endlessly repeating loop of Thursdays.

Who. Cares.

No i think that it is dumb because bitcoin will be alive for more than till 2030 as bitcoins are more and more popular each year

So when bitcoin are very popular, people buys lots of bitcoins so this means that bitcoin will be alive, i hope it will be alive till 2050 atleast

I guess I'll believe bitcoin as long as they last, and legal. bitcoin is a secondary source of income for me, and it gave me a lot of money, so of course I'll believe it until whenever

Its hard to see what will happen in a year from now in this crypto space never mind 14 years from now.  no matter what bitcoin will be around for the next hundread years but what it will be worth and used for is anyones guess.

Op, which idiot said that?
Bitcoin is the most stable crypto so far with the ideology of incorporating POW in such a way that the rewards for that work will be reduced upto a certain point as time goes by.
But this doesnot mean it will crash once there is not much rewards generated from the blocks. The equivalent market price will rise up getting accustomed to low rewards. So you may expect tremendous price rise rather than its fall in 2030.