The life span of bitcoin is till infinity

jossiel

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It should be understood that bitcoin can be really endless, or it can burst like a soap bubble and then everyone will surely be surprised

I won't say that it's endless, there could be an end for it but it can't be seen for now but the fact is that it's here to stay and people shouldn't be thinking about its ending.

We're far from that to happen or it won't be seen until our life ends.

nurilham

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In the past bitcoin had a low price and was not so well known but gradually bitcoin became more and more known and had a high price. thats why, why do people who already have bitcoins now feel the results with big profits. investing in bitcoin is still a profitable investment compared to other investments in my opinion, because we know that the price of bitcoin can increase over time. if we can manage and handle it well then it will be very profitable in the future.

melissacarter

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It’s difficult to judge whether bitcoins will last forever or not. However, it could become one of the most used forms of money considering the current scenario and bitcoin popularity. As for the infinity part, everything in life has a specific limit of its own.

Congyang

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Quote from: Kelvinid on September 27, 2021, 06:02:37 PM

Quote from: terrorJR on September 27, 2021, 05:09:12 PM

even that is not limited I think it could be bullshit.
everything must have its own era and including bitcoin.
maybe now is the time of bitcoin and the next few years will be the golden age of bitcoin.
but on the other hand we should have understood and seen that actually bitcoin can be said to be a trend and now the bitcoin trend is good.
but every trend that goes up will definitely go down and be replaced by a new trend.
so here. unlimited I think is too high because nothing is eternal here.

As for speculation, it remains speculation, at least it can be used as a spice when in crypto.

Yes, can't be sure about its future and the only we have is TRUST which I think it was very important when it comes to investment.

Remember that Bitcoin has come as it was planned by someone and I know someday there is someone who could make another discovery and might replace crypto, that seems possible as there is no such forever, even the existence of fiat money. That is why I don't make myself hold Bitcoin forever, I'd rather have to use and enjoy it while it still has value.

Even so, we still have to be realistic in our decisions.
Trust is indeed very important in doing something, especially in investing.
but on the other hand a good trust must of course be in accordance with existing research and can be proven with results.
and bitcoins have proven their worth as it goes up and up and gets more valuable.
it is true that everything that exists today will surely be eroded with the development of the times and something new.
but it is to support life to be better right? so, as long as bitcoin is still profitable for us, why not use it as much as possible.

Nutrient

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Over the years, Bitcoin has gained popularity and this has made more people interested in joining the train but no one can say for sure that it will last till infinity. That’s quite an exaggeration. Years from now, for all we know, a new technology can replace Bitcoin. Nothing is certain.

Dr.Osh

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as long as people are still interested in using it, and I'm sure with that, then the use of bitcoin will also be long term. look at the journey of bitcoin from 2009 - today, we see that the price development is very high from year to year. some of the things that will make bitcoin continue to be used are

ever-evolving technology
very fast payment alternative
overcome various economic problems such as unemployment and others
can make us get big profit
encourage someone to be more creative

and there are still many advantages that can be obtained from bitcoin. Because of that, I firmly believe that what you do there, the results will be the same if you do it here, maybe even bigger results. because in my country, quite a lot of people are growing because of bitcoin.

GubiMixa1292

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I think it's not entirely accurate, I would say that the lifetime of bitcoin is undetermined, when the project was just getting started Satoshi had legitimate concerns about how long bitcoin could last. It will take a long time, but once we pass that stage, we can say that we will be able to tell how long bitcoin will last. Specifically to say it now Bitcoin will certainly be more and more popular in the world. know, even in the future learning in financial schools by Bitcoin will become one of the economic documents in the technology industry of the future and where young people will learn and develop their own ideas. Invest in and develop cryptocurrencies.

South Park

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Quote from: pjwaffle on September 27, 2021, 04:19:06 PM

We can't even be sure if Bitcoin will still be around after a century or two. We believe Bitcoin is the future but who really knows what the future brings we can't speculate only time will answer that question, and in my opinion when it comes to bitcoin's lifespan to infinity is a huge exaggeration, but I still hope that it will grow and become even stronger.

That is the problem with predictions like that, for example there are many science fiction shows around and while they make their best to imagine how things could be in the future we know they fail by a large margin, for example before the invention of bitcoin many shows just did not gave too much attention to how money will work in such society or they just thought money will not be necessary at that point, but now new science fiction shows are including bitcoin or bitcoin like money on their shows, so while I think bitcoin will be around for a long time there is no way to tell what will happen in the future and what the satoshi nakamoto of that time will come up with.

AakZaki

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Quote from: peter0425 on September 30, 2021, 05:45:26 AM

But that does not comply in a word "INFINITY" because this is no stop or forever in which Impossible to happen.

Because if cryptocurrency reached the worldwide adoption in the future then for sure there will be more currency that may grow and take this position from Bitcoin.

It is impossible to happen if Bitcoin is said to have unlimited life. Everything will have its time, where the old will be replaced with the new. Development continues, we do not know what will happen in the future. Maybe there will be BTC2 or the like that can replace BTC.
The constantly growing currency creates opportunities for other altcoins to compete with bitcoin. New developers will continue to deliver new projects and invasions.

Chato1977

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it will be long but Infinity? i don't think so.

even the ranked coins no assurance of staying there so what more this coin when there are competition going each time and only the small volume of Bitcoin that stays this high (For Now)

leea-1334

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Quote from: magnum1010 on September 29, 2021, 10:47:33 PM

Actually there are still people and some countries that are not really aware of Bitcoin. For example, in my country it is not so popular especially among people who are over 45 years old. Before I started hang out with other crypto enthusiasts, I had thought that there were just no people who were interested in Bitcoin. But personally I am crazy about Bitcoin and consider it to be infinity as well, as its technologies can't spoil.

Approximately 1% of world population are Bitcoin users according to many estimates and those who are aware of them but do not use them,,, if we want to use 6 degrees of separation rule, then we can even say half of the world (not including children) already know about Bitcoin.

But as to what knowledge they have and the accuracy of it, judging from people even on this forum,,, I wonder if 1% of those who know about it know it with enough accuracy

peter0425

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Quote from: AakZaki on September 29, 2021, 10:36:38 AM

Bitcoin users continue to grow and more and more bitcoin adoption by big companies. Bitcoin that has a limited supply and only 21 million BTC is available will be successfully mined until the year 2140. So about 1 century in the future there is a possibility that bitcoin will still exist and it doesn't rule out the possibility of Bitcoin getting more popular. no one knows about the future, but as long as there are many bitcoin users Bitcoin will continue to exist.

But that does not comply in a word "INFINITY" because this is no stop or forever in which Impossible to happen.

Because if cryptocurrency reached the worldwide adoption in the future then for sure there will be more currency that may grow and take this position from Bitcoin.

Quote from: JaanusRaim on September 29, 2021, 10:33:10 PM

Carrington event

sorry but what is this? Who's Carrington Event?

worle1bm

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I am also bitcoin optimist but don't think that bitcoin will remain here forever as we also don't have that chances.The exchange or barter system was replaced with gold coins and then center printed fiat and so on and now the technology support and demand for bitcoin to provide us freedom but what will happen in future is uncertain.Bitcoin has firm future seeing the current trend but no surety of infinity period.The world changes and so does the trend and needs.But still btc is best option at this time.

magnum1010

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Quote from: GeorgeJohn on August 30, 2021, 09:41:34 AM

When i flashbacks far 2013 and 2014, within that range far back i remember how people were castigating bitcoin as a means of extortion of money, and also a means of scamming peoples money, but today everyone is interested to invest in cryptocurrency and more especially in bitcoin, because from what i observed from little bitcoin seminar program i hosted in my geographical domain even a nursing mother that is approximately forty to forty eight (40-48) years is interested to invest with bitcoin and children in school is already knows what is bitcoin, so with this length of bitcoin awareness in my society i think BTC can stay till infinity.

Actually there are still people and some countries that are not really aware of Bitcoin. For example, in my country it is not so popular especially among people who are over 45 years old. Before I started hang out with other crypto enthusiasts, I had thought that there were just no people who were interested in Bitcoin. But personally I am crazy about Bitcoin and consider it to be infinity as well, as its technologies can't spoil.

JaanusRaim

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AakZaki

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Bitcoin users continue to grow and more and more bitcoin adoption by big companies. Bitcoin that has a limited supply and only 21 million BTC is available will be successfully mined until the year 2140. So about 1 century in the future there is a possibility that bitcoin will still exist and it doesn't rule out the possibility of Bitcoin getting more popular. no one knows about the future, but as long as there are many bitcoin users Bitcoin will continue to exist.

KingsDen

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Goodnight, o_e_l_e_o 🌹

Bitcoin can stay till infinity according to you but because a pregnant woman invested in Bitcoin in your area is not a universal yardstick to measure Bitcoin adoption rate.
What do you have to say if after a woman in your area invested in Bitcoin and a big country like China bans Bitcoin? You see that your neighbourhood only does not determine the success of Bitcoin.
Again, human civilisation is most times unpredictable. If anything better than Bitcoin emergies, you will be surprised how people will cross carpet. Let us not expect much from Bitcoin and allow it to natural integrate with human civilisation.

Kelvinid

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Quote from: terrorJR on September 27, 2021, 05:09:12 PM

Quote from: pjwaffle on September 27, 2021, 04:19:06 PM

We can't even be sure if Bitcoin will still be around after a century or two. We believe Bitcoin is the future but who really knows what the future brings we can't speculate only time will answer that question, and in my opinion when it comes to bitcoin's lifespan to infinity is a huge exaggeration, but I still hope that it will grow and become even stronger.

even that is not limited I think it could be bullshit.
everything must have its own era and including bitcoin.
maybe now is the time of bitcoin and the next few years will be the golden age of bitcoin.
but on the other hand we should have understood and seen that actually bitcoin can be said to be a trend and now the bitcoin trend is good.
but every trend that goes up will definitely go down and be replaced by a new trend.
so here. unlimited I think is too high because nothing is eternal here.

As for speculation, it remains speculation, at least it can be used as a spice when in crypto.

Yes, can't be sure about its future and the only we have is TRUST which I think it was very important when it comes to investment.

Remember that Bitcoin has come as it was planned by someone and I know someday there is someone who could make another discovery and might replace crypto, that seems possible as there is no such forever, even the existence of fiat money. That is why I don't make myself hold Bitcoin forever, I'd rather have to use and enjoy it while it still has value.

terrorJR

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Quote from: pjwaffle on September 27, 2021, 04:19:06 PM

We can't even be sure if Bitcoin will still be around after a century or two. We believe Bitcoin is the future but who really knows what the future brings we can't speculate only time will answer that question, and in my opinion when it comes to bitcoin's lifespan to infinity is a huge exaggeration, but I still hope that it will grow and become even stronger.

even that is not limited I think it could be bullshit.
everything must have its own era and including bitcoin.
maybe now is the time of bitcoin and the next few years will be the golden age of bitcoin.
but on the other hand we should have understood and seen that actually bitcoin can be said to be a trend and now the bitcoin trend is good.
but every trend that goes up will definitely go down and be replaced by a new trend.
so here. unlimited I think is too high because nothing is eternal here.

As for speculation, it remains speculation, at least it can be used as a spice when in crypto.

pjwaffle

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We can't even be sure if Bitcoin will still be around after a century or two. We believe Bitcoin is the future but who really knows what the future brings we can't speculate only time will answer that question, and in my opinion when it comes to bitcoin's lifespan to infinity is a huge exaggeration, but I still hope that it will grow and become even stronger.

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