Take it from me: Bitcoin will NOT die in our lifetime.

yenxz

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Quote from: AGD on February 05, 2016, 03:50:21 AM

Time has changed, folks! There are a lot of countries discussing the use of Bitcoin and now even mainstream scientists say, that Bitcoin is more transparent than cash and it will revolutionize not only the financial market, but also contracts, real estate, authority right etc etc. They even admit to not understand the Bitcoin code completely, but they are working on it.
Soon they will understand, that any alternate blockchain, will not provide the same security as the one from the "original" Bitcoin network and then we will all get rid of cash.

Thank y'all for support

yes i am agree with that,and thanks for sharing and spread positive thought abut bitcoin death,i believe as long we keep use and store bitcoin,and so many company or startup develop bitcoin,our beloved crypto currency will stay and never die.

AGD

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Keeper of the Private Key

Quote from: richardsNY on February 07, 2016, 04:53:02 PM

I am also quite sure that Bitcoin is here to stay. It won't go anywhere. While I also agree with you that the Bitcoin blockchain is by far far the strongest and safest blockchain on earth. Banks and governments will most likely come up with their own version of the blockchain. They want to control every aspect of their financial system. That's impossible if they choose the Bitcoin blockchain as their main system. So they will use their own blockchain.

I agree, but they have to learn security the hard way as usual...

richardsNY

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I am also quite sure that Bitcoin is here to stay. It won't go anywhere. While I also agree with you that the Bitcoin blockchain is by far far the strongest and safest blockchain on earth. Banks and governments will most likely come up with their own version of the blockchain. They want to control every aspect of their financial system. That's impossible if they choose the Bitcoin blockchain as their main system. So they will use their own blockchain.

eeaweeaws

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Quote from: Mitchow on February 06, 2016, 03:49:25 PM

Quote from: prtty2gal2 on February 06, 2016, 03:43:35 PM

Quote from: bearex on February 05, 2016, 07:50:06 AM

I sure hope so Cheesy

I am really excited this year to see just what will happen after the halving. Will more people jump on the train? Will it collapse?

It will not collapse, bitcoin will shine and rise, the bitcoin price value will reach at its height in this year. Just like in 2013 the price reached to $120 the same will happen after halving in this year also, Maybe the price reach to at least $800, but I wish to cross $1500 in 2016.

That would be amazing if it reaches to that mark, but yes bitcoin will rise after halving that is for sure, and who knows where it will land up at the year end might cross $2k by the year end, 2016 is definitely the year of bitcoin.

No dude, it is too much we can't think this much value of bitcoin in 2016. I hope its worth will take $2k but it for will take too time about 4 -8 years later because this value level is starting now, its will be take too difficult for make that much value.

Hellacopter

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I think Bitcoin have really shining future , but in the same time it's needing more support and advertising from the Bitcoin's community, because till now there is a lot of people worldwide even ignore this powerful crypto currency and how it works

naidray

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Quote from: ~Bitcoin~ on February 05, 2016, 10:09:43 AM

We have already heard lots of people and company talking about accepting bitcoin technology but we now need some action from them. Bitcoin is still struggling to surpass that 500 mark from months. We need some action... Roll Eyes

I think they are in action for it, a large number of digital industry has started work with bitcoin, more that 70% gambling sites are now on bitcoin, There are also a large number of bitcoin ATMs , which is the sign of support towards it from the governments.

ricardobs

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Quote from: kevin go on February 05, 2016, 08:12:32 AM

totally agree what they said..bitcoin would not die..good advantage..and mostly people is trying to understand and start using btc..

Yeah, the people are starting bitcoin very faster, the reason is now everything and every deal is shifting to online world, and at there the features of bitcoin are attracting people to use it for transacting their money and to pay for their bills etc.

commandrix

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One thing I like to tell people is that, even if Bitcoin does collapse, the ideas behind Bitcoin won't die so easily. We might all just decide to jump to another cryptocurrency, or maybe just use two or three of the really good ones. We might end up just using Blockchains for everything that could reasonably deploy a bunch of widely separated nodes that can talk to each other, such as notary services. One thing I want people to do is just use Bitcoin for every possible transaction. Pay for your next pizza delivery with it. That way, it just becomes an integral part of the economy before governments can do anything about it and, if they do make it illegal, they risk losing that much economic activity.

Tavos

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I agree with this. The upcoming halving could create chaos though unless the price goes up a lot as many miners might quit.

Mitchow

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Quote from: prtty2gal2 on February 06, 2016, 03:43:35 PM

Quote from: bearex on February 05, 2016, 07:50:06 AM

I sure hope so Cheesy

I am really excited this year to see just what will happen after the halving. Will more people jump on the train? Will it collapse?

It will not collapse, bitcoin will shine and rise, the bitcoin price value will reach at its height in this year. Just like in 2013 the price reached to $120 the same will happen after halving in this year also, Maybe the price reach to at least $800, but I wish to cross $1500 in 2016.

That would be amazing if it reaches to that mark, but yes bitcoin will rise after halving that is for sure, and who knows where it will land up at the year end might cross $2k by the year end, 2016 is definitely the year of bitcoin.

prtty2gal2

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Quote from: bearex on February 05, 2016, 07:50:06 AM

I sure hope so Cheesy

I am really excited this year to see just what will happen after the halving. Will more people jump on the train? Will it collapse?

It will not collapse, bitcoin will shine and rise, the bitcoin price value will reach at its height in this year. Just like in 2013 the price reached to $120 the same will happen after halving in this year also, Maybe the price reach to at least $800, but I wish to cross $1500 in 2016.

OSAC5CO

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Quote from: Anddos on February 06, 2016, 04:36:50 AM

Bitcoin is already recognized as a payment method. The simple fact that we're using it demonstrates that.
And the fact that it can't be controlled by governments is the best part. You don't want Big Brother to meddle in it.

Exactly! And when the next fincial crisis hits, a lot of people are primed to move towards decentralization.

lumeire

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Quote from: virtualdn on February 06, 2016, 05:21:14 AM

100% correct. the last bitcoin will be mined in 100 years from now...

The thing is this coming halving can make or break BTC. There's a lot of expectation in increase in price and such. If it goes otherwise we may see another crisis.

DimensionZ

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Shit, did I leave the stove on?

I think the technology behind Bitcoin the Blockchain will stay for a along long time being used in a lot of industries. Bitcoin may lose or gain value but the Blockchain is the real star of the show.

kartaggen

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Quote from: ctlaltdefeat on February 06, 2016, 12:13:47 AM

Quote from: lrdeoliveira on February 05, 2016, 07:34:29 AM

so, we are the first "Bitcoin Generation" ? Grin

yes we are,we all here are the first bitcoin generation,until we die i think bitcoin will still exist,and i wonder how bitcoin survive on our second generation,i believe the future is more complicate for bitcoin to survive.

Bitcoin will face a tough competition from new currency in future, but I don't think that bitcoin will disappear or die, it might not be as valuable as it is today, but it will keep its presence in future too, and whether people will support it or not, time will say.

virtualdn

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100% correct. the last bitcoin will be mined in 100 years from now...

Anddos

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Bitcoin is already recognized as a payment method. The simple fact that we're using it demonstrates that.
And the fact that it can't be controlled by governments is the best part. You don't want Big Brother to meddle in it.

Kevin77

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It only depends on any Government to take an action and adopt bitcoins as a recognized payment option.
I don't know why when gift cards and other rewards are legal then what's the problem in accepting bitcoins when they can also be used as a payment and can help users save taxes. If bitcoins are still ignored, they will surely die soon.

ctlaltdefeat

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Quote from: lrdeoliveira on February 05, 2016, 07:34:29 AM

so, we are the first "Bitcoin Generation" ? Grin

yes we are,we all here are the first bitcoin generation,until we die i think bitcoin will still exist,and i wonder how bitcoin survive on our second generation,i believe the future is more complicate for bitcoin to survive.

nejibens

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Me too i think that Bitcoin will not die in our lifetime, because the community is growing up and also Bitcoin's price is rising and that's encourage more users to start support this crypto currency

Topic: Take it from me: Bitcoin will NOT die in our lifetime. (Read 2700 times)