Take it from me: Bitcoin will NOT die in our lifetime. - page 3.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: ?? on ??

To be honest, I agree. I see a lot of use scenarios for Bitcoin.

We can agree with all our might. But that doesn't change fact that bitcoin is viewed by governments not as future payment method and successor of FIAT but as a threat.
For know we can have bitcoin, but if they officials really want to destroy it won't be that hard, despite 'decentralization'.

beerlover

legendary

Activity: 3052

Merit: 1188

Yes, I agree with you. Bitcoin will stay forever as long as internet exists. And it's popularity will be ever increasing as usual as the time passes. The very advantage of bitcoin transactions is what keeps it moving.

Emersonnets

full member

Activity: 126

Merit: 100

The trouble is you think you have time.

Yes, more and more companies are accepting bitcoin as well. It's great to see this happening.
I don't really care if it fails after my lifetime, no use for me anyway.

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: lemipawa on February 05, 2016, 04:10:54 AM

It is possible that Bitcoin will die just look at what happened to e-gold, I remember having an e-gold account and then they suspended use of e-gold. I think that's the reason why Bitcoin was born.

E-gold was banned due to NSEL and bitcoins cannot be compared to this situation. Also, the e-gold was converted into physical gold while bitcoins cannot be converted into physical bitcoins or fiat cash as it is not even recognized now.
Bitcoins will only die if the value falls and not even when it is termed as illegal.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

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

SFR10

legendary

Activity: 2968

Merit: 3406

Crypto Swap Exchange

Couldn't disagree at all. I believe this year and next year will the breakout year of Bitcoin technology as a whole to the world. This is when ut gets injected into other systems out there and the media has been all over it since the past 4 months and it keeps getting more attention even from those who are in power. It's going to be within the next few years if government will run against it or with it. Regardless of which the outcome be, Bitcoin won't die.

Kprawn

legendary

Activity: 1904

Merit: 1074

We currently have the advantage of a huge hash rate and a established user base and merchant network. I am just worried that a bunch of these banks,

could dump the private permissioned Blockchain approach and they go public. How many miners will move away from mining Bitcoin with it's very high

difficulty and start mining a coin backed by banks. The miners are hunting for profits and if a competitor with a lower difficulty comes past, they might

just switch operations. Who knows... Huh

gregyoung14

full member

Activity: 238

Merit: 100

I'm with you on this dear sir. Bitcoin will not die. How can you kill something which is now starting to be taken seriously by the market.

kevin go

full member

Activity: 238

Merit: 100

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

PakistanHockeyfan

member

Activity: 98

Merit: 10

We already know Bitcoin won't die anytime soon
However, what will is the unwarranted debauchery.

bearex

hero member

Activity: 560

Merit: 501

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?

goinmerry

legendary

Activity: 2940

Merit: 1083

Agreed. That what I always say to my fellow friends and still saying it. They see just the negative feedback and the media that says it will go down or be deleted in my life in a blink. I just replied "Okay" Tongue

lrdeoliveira

sr. member

Activity: 532

Merit: 253

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

ekoice

hero member

Activity: 742

Merit: 500

Quote from: franky1 on February 05, 2016, 06:15:37 AM

bitcoin will not die, as long as we know what direction the code moves forward in.

EG if they change the whole priv-pub keypair code, it can literally render 14mill coins useless if miners had an implementation that ignores things like ecdsa.

im not saying its going to happen, im using exaggerated extreme scenario.
but still worth constantly checking the code updates for bugs or malicious code.

bt as long as miners continue mining clean positive code, bitcoin will continue

I do agree with this as well since i find myself it is very secure and beneficial ad the technology used for bitcoins is very different and safer than old plans in different parts of the word. I am sure it will not die and give benefit to every one long time in our ages.

Nudies Fluffer

newbie

Activity: 40

Merit: 0

I don't think bitcoin could "die" per say but I think we could see some very interesting market bubbles and crashes in the next few years.
Their are other crypto currencies that are far more suitable for storing wealth in, nuBits being a prime example of this.

Crypto is here to stay, however which one will come out on top shall be left for only time to tell.

lottery248

legendary

Activity: 1582

Merit: 1006

beware of your keys.

i don't sure, lol. Grin

in that case, bitcoin core holders would be in 'big damn', since the block size is kept increasing but the bitcoin block halves in time, no use to them.

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: bitcoinboy12 on February 05, 2016, 06:42:44 AM

I believe it will not die in our lifetime but it might not remain at the top of the field. I think an altcoin will go mainstream and topple bitcoin off its throne.

If that is the case what could be the alt coin that can do that bitcoin still remain and will always remain the number one there are not even an hour or a seconds that bitcoin was surpassed by any alt coin in the market they only supplement bitcoin strength,,

Amph

legendary

Activity: 3248

Merit: 1070

like i've said many times, at worst case bitcoin will be a niche market for us or for new average joe that are nerd enough to use something like bitcoin, this in the case the other "average joe, not tech savy" are not willing to parttecipate

i can not see how a decentralized project like this can ever be died, and do not make the mistake to think that because many alt have died in the past, then it's mean that bitcoin will have the same fate

this is simply wrong, alt are clone of bitcoin, they do not offer anything really new(and no monero with its anon feature isn't somethign new, like bitcoin is in comparison with centralized payment)

bitcoinboy12

sr. member

Activity: 518

Merit: 254

★YoBit.Net★ 350+ Coins Exchange & Dice

I believe it will not die in our lifetime but it might not remain at the top of the field. I think an altcoin will go mainstream and topple bitcoin off its throne.

WhatTheGox

legendary

Activity: 812

Merit: 1000

Quote from: ?? on ??

To be honest, I agree. I see a lot of use scenarios for Bitcoin.

Yeah i agree also, if the price goes down it just means another business opportunity comes into the market and pumps the bitcoin back up. The govs can only do so much and dont have the control over things they would like or that people think they do. Society will make room for bitcoin.

Topic: Take it from me: Bitcoin will NOT die in our lifetime. - page 3. (Read 2691 times)