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Topic: We have to be aware that bitcoin will not last forever - page 5. (Read 1776 times)

sr. member
Activity: 1414
Merit: 265
Pepemo.vip

no this is a false accuse . i dont believe that bitcoin will not last forever because it is verry useful and it is a currency that all people need in order for them transact online . even there are many alternatives to bitcoin and crypto's ,  still they are the best payment method to use due to thier anonimity and decentralized feature that cant be found anywhere  .  that is the main reason why bitcoin/cryptos will last forever as long as the world will still exist in the future .

I think that it is not about the complete disappearance of Bitcoin or cryptocurrency, but about replacing it with a better cryptocurrency (or something similar) In my opinion, it is very possible. The only defense for developers can be to follow the development of technology and improve the blockchain network and Bitcoin so that no new project would overtake it technologically.
newbie
Activity: 76
Merit: 0
Though nothing on earth last forever. Still yet we can't still say that bitcoin won't last forever because we haven't still yet still see what bitcoin really have for this digital world century. But I must still say that, bitcoin might not last 3 decades more.
in a currency revolution nothing can last forever, for example gold is replaced by paper currency, and paper currency is replaced by digital currencies and this kind of thing becomes a cycle, so bitcoin will last long before there is a new type of currency that can replace it .
full member
Activity: 714
Merit: 114

no this is a false accuse . i dont believe that bitcoin will not last forever because it is verry useful and it is a currency that all people need in order for them transact online . even there are many alternatives to bitcoin and crypto's ,  still they are the best payment method to use due to thier anonimity and decentralized feature that cant be found anywhere  .  that is the main reason why bitcoin/cryptos will last forever as long as the world will still exist in the future .
sr. member
Activity: 938
Merit: 251
I agree! Better technology will come, I think the new one will get its inspiration from the Bitcoin Platform and upgrade it, It would take a long time for sure since it is just a start of Bitcoin reign.
member
Activity: 392
Merit: 10
I think that we should be aware of btc situation and follow the news to know how it is better to behave. To my mind, it is better to use btc as the method of becoming rich
sr. member
Activity: 1050
Merit: 251
But it is far away from now. In this condition, bitcoin is the king in the crypto market. Bitcoin is leading the most of the crypto currency. Other altcoins are depending on bitcoin directly or indirectly. At this stage, bitcoin will not replace with other technology.
We cannot really tell ahead of time what may happen in the nearer future with Bitcoin. I don't think its going to die that easy. Bitcoin would not have lasted this long if it has not delivered excellently. Its demand is still increasing day by day, and I believe that despite volatility there are still big percentage of people who are aware of its real nature and still trust its extraordinary potential. As technology continues to evolve, there will be more developments expected to come that will make Bitcoin to have a long way to go. With strong unity and support from its people, Bitcoin will continue to dominate in the crypto world.
newbie
Activity: 12
Merit: 0
I dont expect it to die. 2 days ago, btc broke the record for the biggest btc 24h trading volume in history. Bitcoin is more alive than ever.
newbie
Activity: 40
Merit: 0
The things mentioned in the first post can not happen if BTC continues to be implemented and accepted by different segments of the market. If BTC gets globally accepted as a payment method, it is hardly unlikely that anything will replace it in a couple of decades time period. Think about it. No matter what revolutionary, new technology they invent, it will again have to go through everything that BTC's been through. So, no matter what happens, it will be a far in the future and who knows if any of us will live to see it. I am more eager in seeing BTC's new possibilities and ways of using it.
full member
Activity: 217
Merit: 100
This will happen if the developer is not interested in developing bitcoin or people do not use bitcoin to trade. Bitcoin will exist because what you say is unlikely. More and more people know bitcoin and it is gradually becoming legalized into crypto-accepted currencies in many large transactions.
member
Activity: 351
Merit: 11
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.
Maybe it will not last forever but I think its too far away from now. Well if its bitcoin time to leave then we cant do anything about it. I know that people are making an investment better than bitcoin and it will beat bitcoin. But now , its better to focus in bitcoin rather than anything else. It may gone but the experience and the lesson it teaches us will remain.
copper member
Activity: 280
Merit: 0
I do not think Bitcoin will remain in the future. Bitcoin is a crypto currency. Which is a future digital currency used. Because of which many countries of the world are also using this currency in their own country. And anyway we should not be disturbed by thinking about the future.
sr. member
Activity: 1750
Merit: 267
But it is far away from now. In this condition, bitcoin is the king in the crypto market. Bitcoin is leading the most of the crypto currency. Other altcoins are depending on bitcoin directly or indirectly. At this stage, bitcoin will not replace with other technology.
full member
Activity: 434
Merit: 101
In the past year bitcoin were good and the trading volume were also high but after the last year Christmas now the price were down for the whole year and now bitcoin value is very little as compared to the past but iif we know that the future currency is bitcoin then it should be keep in mind that bitcoin is not last and it will not lose value forever hard times will come to an end and then only crypto will lead the world.
full member
Activity: 560
Merit: 105
it looks like bitcoin will still last forever and it will be very difficult to be able to stop bitcoin rotation because bitcoin has very high demand and bitcoin is also unlike some other cryptocurrency, bitcoin is the first cryptocurrency created and has very useful technology.
jr. member
Activity: 205
Merit: 1
I think bitcoin will have a great future and last longer because there is a possibility that Bitcoin can become a mainstream currency in the world apart from other fiat currencies and Bitcoin will definitely change the inefficient banking system and other traditional and non advanced organizations by proving blockchain based decentralized cryptocurrency transaction system to make faster, secure and better payments and transactions for any need from anywhere in the world at any time so in the future these qualities will make Bitcoin more popular among many individuals and those are the reasons to believe that bitcoin will continue longer that we expect
copper member
Activity: 327
Merit: 0
That's right bitcoin definitely has an end, but I don't think it's necessary to think bitcoin is over, because bitcoin can still survive in the long run, and I'm more interested in using the benefits of bitcoin than I have to think about finally bitcoin.
full member
Activity: 616
Merit: 100
i believe that bitcoin will not last forever, someday bitcoin popularity will gone, the demand of bitcoin will less than the stock in the market and ameks the price of bitcoin dropping, we should ready for that situation.
sr. member
Activity: 868
Merit: 266
I agree with your opinion that bitcoin will not last forever, but for now bitcoin remains my choice. bitcoin will survive even if not forever. because there is nothing eternal in this world. there is a beginning, there must be an end, maybe in the future bitcoin will be replaced with better technology from blockchain.
There is bound to be a new technology that is better and superior to Bitcoins in any way eve though it is currently the leading cryptocurrency in the world. Faster transactions and lower fees will contribute to that.
full member
Activity: 329
Merit: 100
The Exchange for EOS Community
I agree with your opinion that bitcoin will not last forever, but for now bitcoin remains my choice. bitcoin will survive even if not forever. because there is nothing eternal in this world. there is a beginning, there must be an end, maybe in the future bitcoin will be replaced with better technology from blockchain.
sr. member
Activity: 1638
Merit: 300
Is investing in bitcoin a good idea?
Yes, investing in bitcoin is good idea cause you get benefits when you investing here, a big profit in your investment that makes your life change to become successful and financially stable in the future.

Well, we can't be sure about that. We obviously know that there are a lot of things that we don't know and that is the same with the price movement of Bitcoin and other crpyto currencies as we are all investing in a volatile investment. If I were you, I will just take advantage of this moment as the price of Bitcoin is still not dumping, as long as I am earning profits out of it, I will keep it.
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