Topic: We have to be aware that bitcoin will not last forever (Read 1791 times)
In the real world, nothing really lasts forever, Bitcoin is no exception but we have so many fork that tries to improve Bitcoin's features maybe sooner or later other coins could replace Bitcoin, but obviously, we can see this when the volume and price is decreasing and interest is fading.
Nothing last forever in this world even for bitcoin in cryptocurrency world but you shouldn't worry because bitcoin still have long life circle if the community still used it with the technology behind it.
Let's start with the fact that Bitcoin is still just an experiment. Technology is moving forward every day, so we do not know if more advanced technology than blockchain will be discovered in a few years or maybe even a few months.
Yes, of course, it really is, bitcoin is the first of its kind, is like a beta version, I think what most people support here is the technology, blockchain really has a good future if it continues to develop, and now I think we can enter a new phase of development and see how high we cap
Last week I met an article about Bitcoin. The guy calculated that all of BTC will be mines approximately in 2140-2141. I think it is a very long time. Therefore, calm down and work with the crypto.
That is already a long year and i guess it is already satisfying enough to enjoy bitcoin plus who will know if we were still alive on that year . bitcoin or any other cryptos are only a kind of e currencies and if ever they end soon , we can still have other currencies and payment methods to use that are much better than them and for sure inventors can always discover or create a replacement that can even make our lives more easier which is also better than cryptocurrencies .
We all know Bitcoin has lowered because of the algorithm it makes Bitcoin more powerful and Powerful and to mind the last bit kind there is no possibility for that so people thinking Bitcoin will die but bit kind has and good future but it struggling in recent days and it can be easily solving think so don't panic with the sudden downfall of Bitcoin.
Yes, of course, it really is, bitcoin is the first of its kind, is like a beta version, I think what most people support here is the technology, blockchain really has a good future if it continues to develop, and now I think we can enter a new phase of development and see how high we cap
Last week I met an article about Bitcoin. The guy calculated that all of BTC will be mines approximately in 2140-2141. I think it is a very long time. Therefore, calm down and work with the crypto.
That is already a long year and i guess it is already satisfying enough to enjoy bitcoin plus who will know if we were still alive on that year . bitcoin or any other cryptos are only a kind of e currencies and if ever they end soon , we can still have other currencies and payment methods to use that are much better than them and for sure inventors can always discover or create a replacement that can even make our lives more easier which is also better than cryptocurrencies .
I agree, nothing lasts forever and bitcoin will not make any exception from this rule. However, bitcoin's time did not came yet as adoption rate is still very low. Things might change significantly if/when Network Lightening will go live.
i just hope it goes back up to ATH
We don't have to compare the life time of technology with currencies,in real life we may need new technology too often but when it comes to payment system we are using it for too long so once we are settling into something of paymet system we are not going to chenge it for few more generations.
Yes, of course, it really is, bitcoin is the first of its kind, is like a beta version, I think what most people support here is the technology, blockchain really has a good future if it continues to develop, and now I think we can enter a new phase of development and see how high we cap
Last week I met an article about Bitcoin. The guy calculated that all of BTC will be mines approximately in 2140-2141. I think it is a very long time. Therefore, calm down and work with the crypto.
We have no one who can ensure the future especially in the period of 10 years and above. In my opinion it is very difficult to be able to know the future of crypto, because this technology is still relatively new so it will continue to grow. Maybe you are right that sooner or later bitcoin will definitely be replaced by a better one, this is natural because the more advanced technology will be updated and the old will become obsolete. It all depends on the development, if bitcoin develops very well and many people who use it for positive things of course this will be a guarantee to continue to exist. but if bitcoin doesn't develop and continues to fall it will definitely be the end. But I am sure that the next 10 years bitcoin will continue to grow.
I do not agree to OP as:
1) Since everything is digital in case of bitcoins, we can simply do tweaking as per the demands of the users in future and support it.
2) Bitcoin has already survived and grown strongly in past few years. This has happened when many of the technologies invented at the time of bitcoin had already been replaced.
1) Since everything is digital in case of bitcoins, we can simply do tweaking as per the demands of the users in future and support it.
2) Bitcoin has already survived and grown strongly in past few years. This has happened when many of the technologies invented at the time of bitcoin had already been replaced.
Like all digital technology, it is unquestionable that sooner or later bitcoin will have to be replaced by a superior technology, just as in the past we saw many devices become obsolete when at the time seemed insurmountable, such as CDs or PCs.
Obviously this will happen in a gradual way, but I do not believe that bitcoin can retain its current dominance for more than ten years before starting to fall into disuse, although perhaps its influence could persist in the market about ten years.
In the end, bitcoin is likely to subsist for many years, but by then it will have evolved in such a way that it will be virtually unrecognizable for today’s standards, and in fact it is difficult that in 15 years there is something similar to the current cryptocurrencies before the spectacular advances in digital technology that are approaching.
Even though nothing lasts forever, and something new will replace the current technology we can still use, love and support Bitcoin as it is the pioneering coin. It brings life to Altcoins that is why Alts are pretty dependent to Bitcoin in terms of price flow on the market. Altcoins are new and there are even hundreds created every single day but where are they now? What I mean is those new advanced and improved technologies are still following Bitcoin's track. Obviously this will happen in a gradual way, but I do not believe that bitcoin can retain its current dominance for more than ten years before starting to fall into disuse, although perhaps its influence could persist in the market about ten years.
In the end, bitcoin is likely to subsist for many years, but by then it will have evolved in such a way that it will be virtually unrecognizable for today’s standards, and in fact it is difficult that in 15 years there is something similar to the current cryptocurrencies before the spectacular advances in digital technology that are approaching.
I'm aware that but the fact is when crypto still exist, just keep focus on it's potential as the investment because you can earn profit more than you can earn in gold.
Once you've the profit, you can use it for another investment platform such as land, gold or property.
Yes, I'm not recommend on crypto because it's too risky !
Once you've the profit, you can use it for another investment platform such as land, gold or property.
Yes, I'm not recommend on crypto because it's too risky !
There is no need of any clarification about the survival of bitcoin. If that's possible, bitcoin would have got destroyed years back. Now it has been successfully moving on ten years with massive adoption in various sectors. By this time it is good to be focused on knowing better about bitcoin and explore possibilities of using bitcoin and other cryptocurrencies.
Nothing in this world lasts for ever... But before it's period is finished it will show the world how important Bitcoin is
Everything that exists will not last, then use it well while still having time and opportunity.
So much to collect and use as best you can to make it more useful.
So much to collect and use as best you can to make it more useful.
Like all digital technology, it is unquestionable that sooner or later bitcoin will have to be replaced by a superior technology, just as in the past we saw many devices become obsolete when at the time seemed insurmountable, such as CDs or PCs.
Obviously this will happen in a gradual way, but I do not believe that bitcoin can retain its current dominance for more than ten years before starting to fall into disuse, although perhaps its influence could persist in the market about ten years.
In the end, bitcoin is likely to subsist for many years, but by then it will have evolved in such a way that it will be virtually unrecognizable for today’s standards, and in fact it is difficult that in 15 years there is something similar to the current cryptocurrencies before the spectacular advances in digital technology that are approaching.
Yes we should be aware on it, and never believe on the fake news it will never help you unless it gave you stress and make you emotionally just believe that bitcoin will recover and it reach its goals Obviously this will happen in a gradual way, but I do not believe that bitcoin can retain its current dominance for more than ten years before starting to fall into disuse, although perhaps its influence could persist in the market about ten years.
In the end, bitcoin is likely to subsist for many years, but by then it will have evolved in such a way that it will be virtually unrecognizable for today’s standards, and in fact it is difficult that in 15 years there is something similar to the current cryptocurrencies before the spectacular advances in digital technology that are approaching.
well we all are aware of the fact that nothing last forever, and bitcoin won't be an exception. But while it last, let's make the best of of it. Not forgetting the fact that there are lots of investment in cash stocked up in crypto currency and bitcoin alike so let's be positive in this crypto space.
Once it has existed I think Bitcoin will always be here with us since it is decentralized. I do understand better technology could make bitcoin out of the business but it is nearly impossible that bitcoin will disappear. Well, for me blockchain is not yet been mastered by the most professional programmers yet I am also looking forward to the new meta that would make bitcoin out.
well we all are aware of the fact that nothing last forever, and bitcoin won't be an exception. But while it last, let's make the best of of it. Not forgetting the fact that there are lots of investment in cash stocked up in crypto currency and bitcoin alike so let's be positive in this crypto space.
If everything will not last forever, then I hope Bitcoin will last a little bit longer. 
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