The life span of bitcoin is till infinity - page 4.

Distinctin

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Quote from: tippytoes on September 13, 2021, 04:44:20 PM

Quote from: adzino on September 13, 2021, 04:38:34 PM

I don't think bitcoin is "till infinity". No technology can last till infinity. Don't you think people had the same thought with metals or paper currencies were used? They probably thought or think that paper money is going to be here forever. But no. It won't last forever. Metals got replaced. Fiat paper money will highly likely get replaced too. In the similar way, bitcoin or crypto currencies my no longer exist as technology gets better and superior. Something might get invented that might totally replace crypto currencies.

Nothing lasts forever, as the popular saying goes. The fast pace in technological advancement may be the reason in the future why bitcoin will become obsolete. Though it is not yet seen at the moment, but that situation is about to happen as the technology evolves very fast. We don't know if someone can create something more advanced in the future. So we need to prepare for such things to happen.

20 years, 50 years from now, it is possible to have another market surprise, another technology created which might be the reason for Bitcoin becoming obsolete. We can just set this aside and having the use of digital currency is an example of this. Might fiat money have no excuse with this and we have to be prepared that someday this fiat money, Bitcoin/cryptocurrency will end.

tippytoes

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Quote from: adzino on September 13, 2021, 04:38:34 PM

I don't think bitcoin is "till infinity". No technology can last till infinity. Don't you think people had the same thought with metals or paper currencies were used? They probably thought or think that paper money is going to be here forever. But no. It won't last forever. Metals got replaced. Fiat paper money will highly likely get replaced too. In the similar way, bitcoin or crypto currencies my no longer exist as technology gets better and superior. Something might get invented that might totally replace crypto currencies.

Nothing lasts forever, as the popular saying goes. The fast pace in technological advancement may be the reason in the future why bitcoin will become obsolete. Though it is not yet seen at the moment, but that situation is about to happen as the technology evolves very fast. We don't know if someone can create something more advanced in the future. So we need to prepare for such things to happen.

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I don't think bitcoin is "till infinity". No technology can last till infinity. Don't you think people had the same thought with metals or paper currencies were used? They probably thought or think that paper money is going to be here forever. But no. It won't last forever. Metals got replaced. Fiat paper money will highly likely get replaced too. In the similar way, bitcoin or crypto currencies my no longer exist as technology gets better and superior. Something might get invented that might totally replace crypto currencies.

South Park

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Quote from: chichigirl on September 09, 2021, 09:24:04 AM

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.

Hoping that bitcoin may last forever but as we all know there is no permanent on earth. Bitcoin may exist in a very long period of time or may not be able to survive in a very long years. Let us just enjoy what we are getting from bitcoin as of this time.

I think there was a time very early on in which bitcoin could have been killed by the governments and even satoshi was kind of worried about it, however I think we can say that bitcoin has left that phase and it has entered the next one, and quite honestly there is no way to know for how long it will last, bitcoin is so perfect that it would not surprise me if it lasted for at least a few hundred years, however we must recognize that new technological developments could occur and a new coin could appear that could replace it, but even if this eventually happens I think it will take at least a few decades for this to happen.

BOAEDAN

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bitcoin's life span is infinite, we can't deny it, nothing in this world lasts forever, we will also die, maybe bitcoin will last a long time, if we are always loyal here, as long as the market is still there, and people those who adopt bitcoin are still there, it's likely that bitcoin will last for a long time, but if it's forever, I can't predict..

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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.

Hoping that bitcoin may last forever but as we all know there is no permanent on earth. Bitcoin may exist in a very long period of time or may not be able to survive in a very long years. Let us just enjoy what we are getting from bitcoin as of this time.

South Park

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Quote from: dezoel on September 06, 2021, 08:43:48 AM

The popularity of Bitcoin has really gotten to a higher level. I’m really happy about this and I hope to see more growth in the future. I remember back in 2015 when I was still new to Bitcoin and a lot of people were not interested in it, so they kept saying a lot of bad things about Bitcoin, but now things have changed.

There are lots of people now who are asking me about Bitcoin they want to learn about it, and they want to invest their money in it. Imagine the next few years to come how the Bitcoin community is going to become really big and I can’t wait for a year like this. Now we have institutions they are talking about Bitcoin, we’ve seen a lot of them like Tesla invested billions of dollars in Bitcoin order some point they turn their back on it, but this is not the end.

Just be careful, while this is a good thing for us at the same time those people are not really interested in the technology behind bitcoin and only want to make some quick money and nothing else, so if you give them advice and they lose their money then you can be sure they are going to blame you for it and you could lose a friend or worsen your relationship with a family member, so always try to introduce some level of cautiousness as those are the people that are easily scammed in this market.

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Quote from: 777Jolami on September 02, 2021, 12:58:23 PM

How bitcoin does not exist, it is completely unbreakable and unstoppable… No matter when bitcoin is used or invested from supply/demand. Bitcoin will survive and build on this industry trend with bitcoin leading the way. I think the greatness of bitcoin will gain worldwide acceptance and bitcoin will last forever.

Bitcoin is currently the most popular and widely available currency but no one can guarantee that it will last forever. Bitcoin is not stable technology dependent world is constantly changing the biggest reason is that investing in bitcoin will be several times the profit, so the demand for it is increasing.

dezoel

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The popularity of Bitcoin has really gotten to a higher level. I’m really happy about this and I hope to see more growth in the future. I remember back in 2015 when I was still new to Bitcoin and a lot of people were not interested in it, so they kept saying a lot of bad things about Bitcoin, but now things have changed.

There are lots of people now who are asking me about Bitcoin they want to learn about it, and they want to invest their money in it. Imagine the next few years to come how the Bitcoin community is going to become really big and I can’t wait for a year like this. Now we have institutions they are talking about Bitcoin, we’ve seen a lot of them like Tesla invested billions of dollars in Bitcoin order some point they turn their back on it, but this is not the end.

raji1995naya

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I support Bitcoin, but good things do not last forever, and decent people die every day. To summarize, Bitcoin may or may not be able to exist. Not because it isn't functioning or because it isn't a scam, but because there are still a lot of skeptics out there. The crypto community confronts several obstacles from governments, banks, and individuals. Though the odds of collapsing decrease with each passing day, we are not truly standing on firm ground until we outnumber the others.

ropyu1978

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the lifetime of bitcoin is unlimited, you can say yes, because if we look at the development of bitcoin, actually bitcoin has gone through the hardest times, some even say bitcoin is a scam, but bitcoin can go through difficult times,, so looking at what bitvoin has gone through, you can it is said that bitcoin lives to infinity..

Suharti12

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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.

In 2013 -2014 there are still many people who are not familiar with Bitcoin, even Bitcoin has not shown its potential as it is today.
So that there are still many people who don't believe in Bitcoin, but now Bitcoin has given something a good future so a lot of people are interested in entering and investing here. Bitcoin continues to grow, the price of Bitcoin will be more and more expensive.

marilynmanson21

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btc will always last indefinitely, and it can be said that the lifetime of bitcoin is unlimited, as long as we are always loyal here, and in the future we continue to introduce bitcoin to our future generations, we also can't predict how long this will last, but this may be a print blue of future projects with more utilities that suit the needs of the community.

B-Bit

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If the country does not jointly ban Bitcoin, Bitcoin will always be usable.
If there is the Internet, there will be Bitcoin. This is a sentence that everyone hears often.
But it is impossible for countries to unite to ban Bitcoin.
Many countries have set Bitcoin as legal tender
The future is definitely the currency dominated by Bitcoin.

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Bitcoin has gone through the hardest time and now bitcoin is slowly gaining acceptance and popularity, But saying bitcoin is infinite is an exaggeration. The world is always changing, technology is constantly evolving and it is very likely that in the future someone will create something better than bitcoin?. Bitcoin and blockchain will definitely become the technology and focus of the world in the next 10 years 20 years. But it won't be infinity, it's unrealistic.

Melody kdl

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The biggest feature of Bitcoin is that the quantity is limited. Not only that, anyone can mine or sell Bitcoin, because its quantity is limited, so this is why Bitcoin can increase in value, because scarce things can increase in value. But this does not prove that there is no better technology in the future. In the next 50 years or 100 years, there may be more attractive investments, and Bitcoin may be largely abandoned at that time.

Rajamuda

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Because it has a growing popularity development, this can be used as the basis that bitcoin is able to live a long life and because there are more and more enthusiasts... Bitcoin is increasingly recognized from time to time until its value is higher, its role is also increasingly recognized by humans. Well it is increasingly seen that the life span of bitcoin is seems till infinity, it is like hereditary that will be re-recognized by a new generation.

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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.

It is true that many have start becoming aware if Bitcoin and it gain having it as an asset. But you can't really generalise your view from that you have illustrated because many are still not aware of Bitcoin and there is need to spread the message to them if how useful be it could be if they invest in Bitcoin.

Bitcoin is infinity and can not be stopped by anyone even the government can not stop it's flow. I could remember a woman that is purely aware of Bitcoin and how enriching it could be was telling me that she can never allow his child to indulge in Bitcoin activities which I aware that she is only scared of how manipulative it can be especially to a person that does not understand much about it.

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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.

Yes , I accept what you said was true before when BTC came out until 2010 i heard quite a lot about BTC and said BTC is a scam it is a slow burst bubble any time you will lost all his assets , But it is very clear that that BTC from 2009 to 2021 has really asserted its value and it has become more and more worthless and known to many people than.

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Quote from: ChiBitCTy on September 03, 2021, 09:36:13 AM

I am of the same thought that bitcoin and it's price will never go to zero. Even if bitcoin gets taken over by a better coin (which there are no better coins at the current moment to be clear) there are always people who will hold on to it. However, of course, bitcoin could easily come crashing down and go to a very low level.

I'm not thinking Bitcoin will go to the very low level, though. Because it seemed impossible when there is consistency on the market demand and when it is widely legalized someday, I even thought a double price than of today.

But in regards to Bitcoin's life span, I was truly uncertain. However, it was thinking that I'm gone first than this. A hundred years from now, that might be possible as long as the people had still seeing Bitcoin's value, it has still alive.

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