What about rumors that bitcoin is going to die? - page 3.

foxbat

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Quote from: sumit513 on June 08, 2017, 03:50:49 AM

I heard some folks on Quora that bitcoin is going to die but blockchain is the future. What do you guys think of this?

I think bitcoin will not die, it will continue to exist as the real money of the world. Although it is always at risk of collapse, but it is very difficult to happen, nowadays, many countries around the world have recognized it, which has become a precondition for the strong development of bitcoin. In the future, we can not negate it.

LevshaK1

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Maybe bitcoin would die someday, but it's still too early. He only began to develop and has not yet shown all his power.

lonelygrimm

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there is big chance that maybe happen in the future, transaction fee is so large now, and lot of payment site need at least > 3 confirmation, it's so lame, people nowadays want faster technology, we take example like smartphone, people need faster camera capture, faster boot time, no more lag, FASTER OF EVERYTHING !

*Sorry if there is mistake with my english Grin

just_Alice

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Quote from: Yanisumin on June 08, 2017, 06:16:25 AM

Quote from: NUFCrichard on June 08, 2017, 04:06:09 AM

Quote from: sumit513 on June 08, 2017, 03:50:49 AM

I heard some folks on Quora that bitcoin is going to die but blockchain is the future. What do you guys think of this?

Oh, some folks on Quora said that? Then sell sell sell, it is definitely going to die if they say so!
I think that Blockchain is the future, but Bitcoin is the original blockchain, I would be surprised if Blockchains take over the world, but Bitcoin is somehow dead in the water.

It 'could' lose it's number one spot, but if it is worth $10,000 and isn't number one, I think I could live with that.

Nice call.
People tend to forget that BTC is the legendary coin that first introduced the block chain technology. Of course some alts are better than BTC that's why alts are created but BTC is still reigning in the top I think that because even if they first heard about altcoins they will know BTC too and because BTC is the coin, the myth the legend they will invest on it making its demand much larger.
And 10000$? That price is a dream to me and I'm satisfied if BTC is only third or 25 on the list if it has that price.

Me too. Really, why to be against that situation when other crypto holders make more money than bitcoin holders if bitcoiners make a lot too?

What we can say for sure is that bitcoin will not die and that probably it will rise compared to USD, but we can't say whether it will always be number one crypto.

AGD

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https://99bitcoins.com/bitcoinobituaries/

Scorpion

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If so that's fine because it's the technology and adoption of the blockchain that's most important. HOWEVER. I don't think Bitcoin is going to die, the community is way too passionate about it and it's growing everyday.

Kakmakr

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If I had a bitcoin for every time I have heard this, I would be filthy rich by now. Check this out, https://99bitcoins.com/bitcoinobituaries/ < We have a good laugh, every time someone predict that Bitcoin will die >
You have to remember that there are people out there who want Bitcoin to die for many reasons. Here are some of the reasons :

~ They are invested in other Alt coins < they are the competition >
~ They work for services that are being disrupted by Bitcoin : MoneyGram / Western Union / Banks
~ They are butt hurt because they lost money with poor decisions or they are late for the party.
~ They want the price to go down, for them to buy more coins at a cheaper price.
~ They are paid shills, working for companies or governments that wants Bitcoin to fail.

This is just some of the examples, why people are doing this. We are still alive and kicking after all these rumors. ^smile^

xuan87

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I have heard this rumour since I knew bitcoin, this rumour is spread by the person that doesn't like bitcoin, bitcoin is not that easy to die, there are so many users that spread in all over the world, unless something serious like security breach, bitcoin will never die and with the price keep on rising, it proves that bitcoin become stronger

sumit513

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Good to see all positive replies. I am only worried because bitcoin is first of its kind.

gribble

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Quote from: sumit513 on June 08, 2017, 03:50:49 AM

I heard some folks on Quora that bitcoin is going to die but blockchain is the future. What do you guys think of this?

Many people who said that bitcoins will be died, up to day bitcoins is alive still number one in world of digital coins
The blockchain is good especially blockchain of ethereum that gives smart contract,
many beneficial of blockchain and had been adopted by corporations on their business and i like that.

Freddy Kurniawan

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i dont think so Grin

hope thats only a rumour... Grin

From Where the source you get bruh?

Restmand

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Quote from: bitbunnny on June 08, 2017, 05:48:21 AM

This rumors are always present, ever since the Bitcoin has appeared. I remember they were saying this is just an experiment, it will not last, it will fail until tomorrow and similar. And Bitcoin is still here. It can change and transform but it will not die.
The only purpose of these rumors is to spread panic.

ive always heard it from many people at many times, i think as long as they think that bitcoin will die soon, it will live for more years to come, bitcoin overcomes many problems , from scratch to riches it improves itself to ours, i think there were no permanent thing in this world but we can earn bitcoins for many years to go because it can now face them all issues and challenges.

MRlong

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Do you have see history of cryptocurrencies in the past 10 years? Bitcoin have very more time look like as died, but it not, why? Because user in the World's will not let anyone or country can do that, they will buy all Bitcoin when the price fall down and restore the price to real value very soon!

bitcoindusts

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Quote from: sumit513 on June 08, 2017, 03:50:49 AM

I heard some folks on Quora that bitcoin is going to die but blockchain is the future. What do you guys think of this?

Why not tell them to sell their Bitcoin, It had been many years since this propaganda bitcoin is going to dies stuff started and yet bitcoin had been going strong. In fact price had increased exponentially even with this kind of news. Probably they are spreading FUD to catch all the cheap bitcoins out there.

deisik

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Quote from: bamboylee on June 08, 2017, 06:37:28 AM

Not just in quora, even here in bitcointalk you can read post predicting that bitcoin will die. But you have to act on what you believe about bitcoin and blockchain and not what the noise tells you. There will always be fud posts like that

Such noise is still affecting your trading (investment) decisions

This is the whole scheme or approach behind fear, uncertainty, doubt. It doesn't need to be logical or based on strong facts or on any facts at all (rumors fit in here perfectly) since it is set to affect feelings ("the irrational"), not solid reasoning as such. Simply because many people have to make decisions when they don't have complete info and thus lack complete confidence, this tactic remains pretty successful. That's why we see so many shills sticking around the forum

Ucy

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Funny that even those who should know believe too that Bitcoin would die. It is very unlikely unless it's killed by crooks, with every resources at their disposal - which is still unlikely..will not be easy to kill

It will only EVOLVE and keep evolving to the end of time.
Wouldn't be surprised if developers adopt the Ethereum model just to stay ahead of future competition. Bitcoin could end up being Ethereum, Moneroe and Bitcoin put together.

KnightElite

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Quote from: sumit513 on June 08, 2017, 03:50:49 AM

I heard some folks on Quora that bitcoin is going to die but blockchain is the future. What do you guys think of this?

That is hoax. Bitcoin will never die I promise it. There is no reason that bitcoin will die in the cryptocurrency world. That is really impossible that the bitcoin will die. The bitcoin is really important in the crypto world.

jc89

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Rumors are just rumors where most of them are baseless claims. Someone can easily spread rumors just post it numerous times on different forums and websiter and, poof!, we have a latest rumor circling the community. It is still best to neglect rumors without evidence to support the claims and in order to be safer, monitor every news and happenings, that will lead you worry-free.

GG_monster

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Quote from: machinek20 on June 08, 2017, 06:31:55 AM

It is just a baseless rumor, as you can see by yourself the price is so stable and many people is using bitcoin, as long as there are people using bitcoin, it will never die, and now the price is keep on rising, so it is not true at all

These are just rumors, but no one can guarantee that bitcoin will live forever. At the moment, there is no cause for concern, it is developing well. Perhaps in about 100 years it will be possible to talk about his death.

erickkyut

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first of all, what is quora? this is the first time i've heard of it. if bitcoin will die, that could have happened a long time ago. ever since bitcoin was created, many people are always saying that bitcoin will die, it is just a scam and etc but look at where is bitcoin now? how much does it worth?

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