Topic: The life span of bitcoin is till infinity - page 7. (Read 1168 times)
The number of followers of Bitcoin is increasing day by day. There are Bitcoin investment enthusiasts all over the world. We can all see the daily transaction volume and amount. There may be new investment products in the future, but Bitcoin will not disappear. Bitcoin coexists with people.
I do advocate Bitcoin but, not all good things last forever, even good people die everyday. In short, Bitcoin may still be able to not survive. Not because it's not working properly or because it's not a scam, but because we still have a lot of naysayers out there. Governments, Banks, Individuals, so many challenges that the crypto community faces. Though, everyday, the chances of crumbling reduces but, until we outnumber the others, we are not standing on real solid ground.
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.
If we open our minds and see the benefits of Bitcoin in this new era, we can really understand why it exists in the digital world. Many had think it bad at their first appreciation, that almost it happen in real life. It is too hard to think that many were still in doubt about Bitcoin and they still their minds but that is how they look into it, they will change it soon.Anyway, talking about INFINITY life for Bitcoin? That is something we can't be sure of. Nobody knows that, if this hasn't been legalized in all countries, that might never reach that level.
I'm not very sure about the lasting until infinity part. However, Bitcoin is going on a very decent track now. Even many old people are getting to know Bitcoin as time goes on. We can see people from every age being a Bitcoin trader or a user in the future. And the number of people who are into Bitcoin is increasing at a fast pace every day as you can see. This will be one of the biggest factors which will prevent Bitcoin from going down to zero.
If ever someone is thinking that Bitcoin might get replaced in the future I don't think if that's going to happen because as far as I know the government seems to be focusing too much on centralization and that would leave Bitcoin to continue to operate if no one could see a decentralized asset that the government would stop holding/owning.
Bitcoin will be the first thing came to our minds once we talk about crypto so thinking about some coins will replace it is kinda impossible for now since they really need to have more volume to defeat the marketcap before they can surpass it, but since bitcoin is established coin and the most preferred due to many adoption happened for sure other who plan to replaced it will just fail.
Although many people says that bitcoin will go to zero,it will die or anything bla,bla for sure it will not happen bitcoin is now somehow have part on economy and this will never get fade so for sure it will stay since more people will use it in future.
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.
If we open our minds and see the benefits of Bitcoin in this new era, we can really understand why it exists in the digital world. Many had think it bad at their first appreciation, that almost it happen in real life. It is too hard to think that many were still in doubt about Bitcoin and they still their minds but that is how they look into it, they will change it soon.Anyway, talking about INFINITY life for Bitcoin? That is something we can't be sure of. Nobody knows that, if this hasn't been legalized in all countries, that might never reach that level.
I'm not very sure about the lasting until infinity part. However, Bitcoin is going on a very decent track now. Even many old people are getting to know Bitcoin as time goes on. We can see people from every age being a Bitcoin trader or a user in the future. And the number of people who are into Bitcoin is increasing at a fast pace every day as you can see. This will be one of the biggest factors which will prevent Bitcoin from going down to zero.
That's how the community and technology works we will just need more adoption so this infinity part will continue till there's no community supporting Bitcoin if ever the technology is phased out. But this is more likely not going to happen in the future since we all have a dedicated developers that will continue to support Bitcoin plus the community that's supporting Bitcoin.If ever someone is thinking that Bitcoin might get replaced in the future I don't think if that's going to happen because as far as I know the government seems to be focusing too much on centralization and that would leave Bitcoin to continue to operate if no one could see a decentralized asset that the government would stop holding/owning.
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.
I totally agree with you, the basis upon which the conclusion that "bitcoin can stay till inifity" was drawn is weak. I also so think the content of his post really doesn't justify the topic.
I understand that Bitcoin has come a long way and there's a very high possibility it would stay longer. What I am sure of is that technology today isn't what we had many years ago neither would it remain the same. I believe Bitcoin will strive in future but not without a competition.
I am saying Bitcoin might stay for long maybe not till infinity we can't say.
Not to sound pragmatic but to say that bitcoin will last til infinity seems to optimistic for me. Humanity had always chosen the better alternative when there is one available, which is the very same reason bitcoin is more favored by the public than fiat itself, because it's much advanced and offers a wider variety of benefits than fiat. The future holds a very high possibility that we can encounter a much better alternative than bitcoin, but of course till that day comes let's all support bitcoin and cryptocurrencies in general.
I'm not very sure about the lasting until infinity part. However, Bitcoin is going on a very decent track now. Even many old people are getting to know Bitcoin as time goes on. We can see people from every age being a Bitcoin trader or a user in the future. And the number of people who are into Bitcoin is increasing at a fast pace every day as you can see. This will be one of the biggest factors which will prevent Bitcoin from going down to zero.
Even taking it literally bitcoin wouldn't last until the end of this universe lol. I get that this is meant to rile people up in supporting bitcoin and investing more in the process but digging deeper into the idea of bitcoin lasting until infinity just seemed so flat-out absurd to me. Again we do not berate the support because we love bitcoin as much as the next guy, but a little realism wouldn't hurt you too, wouldn't it? 
I'm not very sure about the lasting until infinity part. However, Bitcoin is going on a very decent track now. Even many old people are getting to know Bitcoin as time goes on. We can see people from every age being a Bitcoin trader or a user in the future. And the number of people who are into Bitcoin is increasing at a fast pace every day as you can see. This will be one of the biggest factors which will prevent Bitcoin from going down to zero.
I am not sure about this. We never know whether the demand for Bitcoin would stop at some point. For now, it is increasing and it is helping Bitcoin get stronger than before. But maybe at some point, one of the altcoins in the market (currently existing or not) will manage to dethrone Bitcoin and people will start losing their interest in Bitcoin. And it might be the end of Bitcoin also.
The demand won't end in my opinion, long as people buy it, they unconsciously create an influence around them that makes other people that they interact with to be influenced by them in a way and make themselves want to buy bitcoin too and it's a chain reaction although it's a bit slow but it's going to happen anyways.But i'm also open that bitcoin won't have to live long till infinity. There's no way that an investment will not fade or lost its value in time. Things will change in the future and maybe by that time a new investment asset or currency will arise that is much better to bitcoin so people will definitely stop bitcoin usage and stick to another coin or currency.
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.
In my opinion this interest has come at a great cost, you see people only see bitcoin as an investment a way to make money meaning that they put their fiat into buying bitcoin and as soon as they want to take profit they turn that back into fiat, and this idea is what is brining more and more people and so as long as bitcoin stays volatile people will still be interested in ''investing in it'', but that is what most of us want, we want to people see and use bitcoin and cryptocurrency for its true purpose a better alternative for the current broken financial system that keeps on crashing. 
If Bitcoin has a beginning, then it must also have an end. Let's just say Bitcoin has yet to reach even a quarter of its zenith, but it will still have to face an end one day. There might come a time when Bitcoin would become the acceptable global currency for everyone, but it will also have its fading days. I would even say Bitcoin would still reach probably half or even a million dollar each. But this doesn't mean Bitcoin would live until infinity. No money in whatever form remains perfect forever.
This means that if the bitcoin user community no longer trust bitcoin and uses it as a currency or investment asset then bitcoin will fade. No technology was created to be able to live indefinitely and will not be replaced in the future. Bitcoin has developed over a decade and gained such great trust from the public that today we can imagine a bright life with it in the future as a currency or investment asset. I prefer to enjoy my days with bitcoin without any burden than having to think about the future and how long this bitcoin can last as a currency or investment asset that is not 100% certain. For now, i can definitely say that bitcoin is very promising so it still has a bright future so let's just enjoy the profits as much as we can. Everything will come to an end in its perfect time but for now let's just seize the moment and strike the iron while it is hot. Bitcoin has a long way to go and definitely its value will still have to rise even more.
If Bitcoin has a beginning, then it must also have an end. Let's just say Bitcoin has yet to reach even a quarter of its zenith, but it will still have to face an end one day. There might come a time when Bitcoin would become the acceptable global currency for everyone, but it will also have its fading days. I would even say Bitcoin would still reach probably half or even a million dollar each. But this doesn't mean Bitcoin would live until infinity. No money in whatever form remains perfect forever.
This means that if the bitcoin user community no longer trust bitcoin and uses it as a currency or investment asset then bitcoin will fade. No technology was created to be able to live indefinitely and will not be replaced in the future. Bitcoin has developed over a decade and gained such great trust from the public that today we can imagine a bright life with it in the future as a currency or investment asset. I prefer to enjoy my days with bitcoin without any burden than having to think about the future and how long this bitcoin can last as a currency or investment asset that is not 100% certain. 
I am not sure about this. We never know whether the demand for Bitcoin would stop at some point. For now, it is increasing and it is helping Bitcoin get stronger than before. But maybe at some point, one of the altcoins in the market (currently existing or not) will manage to dethrone Bitcoin and people will start losing their interest in Bitcoin. And it might be the end of Bitcoin also.
The demand won't end in my opinion, long as people buy it, they unconsciously create an influence around them that makes other people that they interact with to be influenced by them in a way and make themselves want to buy bitcoin too and it's a chain reaction although it's a bit slow but it's going to happen anyways.
It is a nice topic to discuss. Because I assume that there are so many people who are curious about Bitcoin's future now. One thing is certain that the demand will have a huge role on Bitcoin's future. And the adoption rate is also very important. Bitcoin exists and it increases its value because every day there are new Bitcoin users. Increasing of the demand helps Bitcoin adoption and the price in a very positive way. As long as Bitcoin maintains this, its life span can really become infinity.
If Bitcoin has a beginning, then it must also have an end. Let's just say Bitcoin has yet to reach even a quarter of its zenith, but it will still have to face an end one day. There might come a time when Bitcoin would become the acceptable global currency for everyone, but it will also have its fading days. I would even say Bitcoin would still reach probably half or even a million dollar each. But this doesn't mean Bitcoin would live until infinity. No money in whatever form remains perfect forever.
Till the time we can predict future to some extent we can anticipate that bitcoin will be more famous and widely adopted by all and you could easily make payments over LN with your local stores and companies will paying employees in bitcoin and it will be regulated all over and treated as fiat and the future is bright no doubt in that.We can say it's going to be $100k more possibly than going down below $100 so make your choice now.
Hopefully, people will know what they should do with their bitcoin. If they use it for the investment, they should use it as it was and if they want to use it as the payment method, they need to check whether it is available in their local store or convert it into local fiat. This year gives more chances for bitcoin to be known by the public and many people will start using bitcoin as the payment method, the investment, the way to make money, or their safe haven. Bitcoin will have a bright future and people will no doubt with bitcoin. 
Bitcoin is a disruptive asset that exists in this era of technology. We might not predict how long this will stay, but it might become the blueprint of the upcoming projects with more utility that matches people's needs. Things become easier to develop, and people will innovate things that already existed. Bitcoin might be offering satisfaction today but might not be in the future.
the lifetime of bitcoin is infinite, seeing the development of bitcoin, 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 the next generation, it could happen that the bitcoin period is unlimited, but if we don't want to share knowledge about bitcoin that we have, and do not want to introduce bitcoin to our children and grandchildren, most likely bitcoin will not be for a long time, it all depends on us, will we share the knowledge we have..
No one knows how long bitcoin lasts because bitcoin users continue to grow and continue to be popular and bitcoin is a technology created by the great man that is Satoshi nakamoto, and we will never know in the future. Is there anyone who exceeds his prowess, aims to kill bitcoin or replace bitcoin with his creation.
and internet and electricity are the main points so that we can use bitcoin and if there is no both bitcoins can also die, and if all countries oppose and strictly prohibit and if anyone uses bitcoin and gets caught they will be punished and that can also kill bitcoin slowly.
So nothing is impossible because the living will die and the existing will be lost, the most important thing is how we make good use of it while it is still there.
and internet and electricity are the main points so that we can use bitcoin and if there is no both bitcoins can also die, and if all countries oppose and strictly prohibit and if anyone uses bitcoin and gets caught they will be punished and that can also kill bitcoin slowly.
So nothing is impossible because the living will die and the existing will be lost, the most important thing is how we make good use of it while it is still there.
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