Topic: We have to be aware that bitcoin will not last forever - page 9. (Read 1772 times)
Of course, once it will cease to be relevant, but it seems to me that we will definitely not zatsane it because it will be used for several centuries.
Nothing is eternal. And bitcoin is no exception. But there is no Bitcoin and 10 years. Bitcoin will last for quite a long time at least 100 years.
If it lasts for a hundred years,its safe to say it probably lasted forever:lolI don't believe in the notion that nothing lasts forever,bitcoin is not some ponzi scam or a fancy coin and it's proven that in just ten years.
Probably most alts would disappear sooner or later,but I doubt the bitcoin will follow suit,as long as devs keep working on the technology,and adding additional features,then the bitcoin could last for as long as possible
There's no assurance in this market that's fot sure. Bitcoin may be around in 10 years or more, or it may be replaced by another more valuable coin. Or the society people live in in the future may not have any use for digital assets. I don't think many people expect btc to last forever anyway.
If we see the fact, bitcoin still have high demand as the value is quite enough.
Even it's getting green at the moment !
While bitcoin almost get mined ( 21 million total supply ) which mean it's getting rare for next 5 or 10 year so I think bitcoin will keep exist for next 50 years !
Even it's getting green at the moment !
While bitcoin almost get mined ( 21 million total supply ) which mean it's getting rare for next 5 or 10 year so I think bitcoin will keep exist for next 50 years !
According to my point of view I disagree with this point that bitcoin will not survive but it can survive . Since Bitcoin is a digital decentralized currency that can be operated world wide, and the features of Bitcoins are attractive and is linked with the block chain technology, and its all transactions are recorded in an electronic ledger . The block chain ensures the clarity and security systems of Bitcoin and controls the Bitcoin for the proper functioning . There is no third party interference in the transaction of bitcoin . Bitcoin is a new form of economy and totally contrary to the present economical concepts and found it suitable to the modern world . Bitcoin is limited to 21 million and when it reaches to 21 million the production will stop then naturally the price will increase, when the supply is stopped its market demand will increase and hence its price can shoot up . No one can prophesy what will happen the coming years.
Good point as a matter of fact. It is quite possible scenario but what can be done about it? I suppose we better follow the situation, learn more and try to foresee the moment to jump into a new technology
Although currencies are not forever, I have a strong believe that bitcoin will be here for a very long while and am going to predict that it's going to outlive this generation and go on to be useful in the next generation. The dominance of the bitcoin is just starting, this actually is just still an inertia.
Nothing is eternal. And bitcoin is no exception. But there is no Bitcoin and 10 years. Bitcoin will last for quite a long time at least 100 years.
If it lasts for a hundred years,its safe to say it probably lasted forever:lolI don't believe in the notion that nothing lasts forever,bitcoin is not some ponzi scam or a fancy coin and it's proven that in just ten years.
Probably most alts would disappear sooner or later,but I doubt the bitcoin will follow suit,as long as devs keep working on the technology,and adding additional features,then the bitcoin could last for as long as possible
Nothing is eternal. And bitcoin is no exception. But there is no Bitcoin and 10 years. Bitcoin will last for quite a long time at least 100 years.
but at least bitcoin can last for quite a long time until it can be up to 10 years to come, because the more years the enthusiasts and users are increasing, so the more users that the bitcoin is to survive
There many technology to come and once they are on the old goes away like you trying to say but bitcoin is a digital currency that is used to trade and exchange of value while we have alts too which is the second way to transfer the value to each other I don't see btc becoming obsolete in 10years time but will be much stronger as the time for useful is yet to come and the number of user are still very low to the general population.
yes, it cannot be predicted so far. but indeed the bitcoin can die and cannot be used later. but if you predict it now it won't work because bitcoin is experiencing a rapid rise and fall in prices.
In my opinion, bitcoin will never be obsolete. Because I believe, bitcoin will continue to evolve according to the times. He will always adjust to our needs
But what if bitcoin will have its smart contract too? Ain't that going to be make the rest as shitcoins?
Technology can be developed over time, it can adapt and will be utilized more than the ones claiming to be greater use, you just have to wait. So long as there are miner and developers that will continue to innovate BTC will live long.
I think bitcoin will continue to exist, all depends on whether we want to support bitcoin or not. Bitcoin needs our role as a community to continue to live and develop.
I am not aware too much that bitcoin will not forever but in fact i do keep have a lot of faith and trust on how all cryptocurrencies working in and out and improving day by day and as a matter of fact also we do know all cryptocurrencies recognizing as a main coin of all crypto currencies in that way we can see all the companies that are already involved in the world of crypto currencies are making a way to have a better technology for the good future of all people around the globe and for me bitcoin can last forever until there is still cryptocurrencies in every part of the world.
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.
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.
As of the moment, we are not sure if bitcoin will not run in the future. Indeed that everything now is keep on replacing a much better things but I believe since there are no traces and clues that bitcoin will be replace by other, I will keep on holding to bitcoin no matter what and enjoy its benefits to me.
I don't know what is making you insinuate this bitcoin is here and would be here for a very long time to me this is only just the nursery stage of bitcoin and it will do very well
Nothing in this world can last forever, but bitcoin will last in the long run. I have never thought about when bitcoin will end, and I am more interested in the benefits generated by bitcoin.
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.
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 do not agree since I know that Bitcoin will last forever, but it would really depend if it will be still valuable to people to use it. It will last but the value depends on the people.
In the world of digital technology in which cryptocurrency and bitcoin is a part of digital technology ,nothing will last forever in this world especially in the digital technology in which there are many new introduce technology will be surfacing out in this digital world so that possibility that bitcoin will not last forever will be true.
nothing will last forever in this world, every product and service will obsolte in the future, and how to solve this problem? i think we need an innovation to replace the old one, so we can see that the innovation will give the big changes for the older product
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