What is our assurance that Bitcoin will stay for long or forever?

justspare

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Quote from: celjc on August 07, 2018, 12:56:04 PM

What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?

Bitcoin is not a thing that can be deleted from existence.
It works in p2p system that you also use on torrent like systems. As long as there is even 1 single person that uses bitcoin that means bitcoin will be here.

Now considering even one person can make bitcoin stand still, do you think this daily 11 billion dollar business of trading with bitcoin can stay for long or forever ? Or do you think a 10-15 billion dollar a day trading with bitcoin can disappear tomorrow ?

The logical answer to this is "stay for long" is absolutely possible, "forever" might not be because we have no idea if after a thousand year what happens.

gabmen

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Quote from: Yurkov on September 24, 2018, 09:47:58 AM

Quote from: Nahl on September 19, 2018, 07:08:06 AM

Bitcoin won't last forever but bitcoin will not die in the near future and nobody can assurance bitcoin will still alive but rather than thinking bitcoin will last or not i think we have to more concern to increase the price and how to makes people more confident to use bitcoin in the middle of downtrend situations

For me the most important will be the time when whole amount of bitcoin will be mined, only thanks to that we will find out if bitcoin has enough strength to last forever on this market or not.

Well everything is finite one way or another. Fiat may be replaced by crypto the same way bitcoin may be replaced by other technology. You can't talk about assurances when you're in this market.

KorakPawon

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Quote from: Oniko on August 07, 2018, 01:07:33 PM

No one can with 100% certainty that bitcoin will not disappear in 100 years.

Technologies are developing very rapidly and perhaps we will see a more technologically advanced payment system in the future

It's true that you say there is no guarantee that bitcoin will survive or disappear, but if we look at the current period that has advanced rapidly, it will be more like that in the future.

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Quote from: Nahl on September 19, 2018, 07:08:06 AM

Bitcoin won't last forever but bitcoin will not die in the near future and nobody can assurance bitcoin will still alive but rather than thinking bitcoin will last or not i think we have to more concern to increase the price and how to makes people more confident to use bitcoin in the middle of downtrend situations

For me the most important will be the time when whole amount of bitcoin will be mined, only thanks to that we will find out if bitcoin has enough strength to last forever on this market or not.

KalaiBTC

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Quote from: sumanto on September 19, 2018, 09:08:17 AM

no bitcoin can guarantee that it will last for a very long time or long term because bitcoin or cryptocurrency will only be useful if they have a request, if there is no such thing then the circulation of cryptocurrency will collapse.

We are the assurances of Bitcoin and its future is all of us as long as we are demanding for it then nothing bad will happen to Bitcoin. Right now even its low value is many times greater than the next valuable currencies wither crypto of fiat so do not worry about the Bitcoin. We have to start worrying about our own future, on the other hand thinking for Bitcoin is not the future solution.

shesheboy

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i think my only assurance that bitcoin can last a lifetime is its existence . bitcoin did exist a long time from circa 2008 - 2009 , that is about 8 to 9 years which is a bit long enough to say that bitcoin wont failed us . bitcoin is a crypto a currency , and a currency is verry useful because we need it to pay or purchase things , so if we dont have a currency , how can people live ? that is also another assurance that bitcoin will last forever due to its purposes.

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Quote from: ShineftChaos on September 23, 2018, 09:06:08 AM

Quote from: celjc on August 07, 2018, 12:56:04 PM

What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?

Bitcoins will stay no matter how bad the situation of the market as long as there are still people who are interested on investing, that is the reason we should never give up on investing in cryptocurrency.

That's right. Crypto acceptance by the community is good and it is widely spread among others. Besides, there is no reason why crypto will stop from its existence, in fact it is started to used in some countries buying stuff and services as well.

ShineftChaos

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Quote from: celjc on August 07, 2018, 12:56:04 PM

What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?

Bitcoins will stay no matter how bad the situation of the market as long as there are still people who are interested on investing, that is the reason we should never give up on investing in cryptocurrency.

pinoyden

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my assurance that bitcoin will stay forever is its usability . bitcoin is verry useful in everyday lives as it can help us when it comes to paying/recieving money to someone else all over the world without the hassel of going outside or depending on any third party sservices . the other one is that bitcoin is too useful in terms of profit making , many people did already improve thier lives because of the help of bitcoin . bitcoin can also give a carreer to everyone no matter what state or race he or she have .

juragane

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to invest in this bitcoin cryptocurrency there is no guarantee that can be given, you must be able to realize that this cryptocurrency has a very high risk and you must be able to deal with that risk.

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Quote from: bitbunnny on September 19, 2018, 07:40:50 AM

No one can't give you assurance like this. But Bitcoin will last as long as users will continue to support it and as long there will be interest for it.
I think Bitcoin has all prevonditions to last for a very long time, it's just has to integrate into economy and society more but again, that is depending on users.
As long people will have at least some use and profit from Bitcoin, it will survive.

I agree with this, bitcoin is going to continue to be relevant as long as people support it, and that support is going to be there for a very long time because as we can see bitcoin and cryptocurrencies have been decisive in countries where there is an economic crisis, it has helped a lot of people to prosper under those difficult conditions and as long as governments cannot manage the economies of their countries bitcoin will still exist.

MarchToke

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As more and more news about small or big companies that are fully engaged in cryptocurrencies because they already know how the blockchain technology can enhance their company's operation that could also compete with their competitors who are also embracing the same technology.

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Quote from: celjc on August 07, 2018, 12:56:04 PM

What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?

We do not have the assurance and in order to determine the price in the future then we should always look at the news and you should believe on predictions because some of the people are just price manipulators.

naily

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before you invest in bitcoin you must know the risks that you will face, because no one can guarantee that you will get what you expect, because all when you enter the world of crypto currencies all decisions are in your hands, I just can ensure that bitcoin will rise every year

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Quote from: laravuemaster on September 18, 2018, 02:06:35 AM

Quote from: celjc on August 07, 2018, 12:56:04 PM

What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?

As long as there are a lot of people who are interested on cryptocurrency, bitcoins will never die, that is the reason why you should invest right now while it was still early.

And for what it is worth, we all know it would be hard for anyone not to be interested in cryptocurrency as we keep forging ahead. This is one space that has brought a whole lot of development, disruption, changes in the lives of so many, and the achievement of freedom when it comes to spending and in that case, it would be hard to see anyone want to give up that freedom for something that has never worked over the years but has even caused us more bad than good.

There will always be more people wanting to take the risk into buying bitcoin since it offers a great value until we are totally out of those who want to take risks and by then I am sure it is no longer risky as we could have attained the laggard stage. No one can say if something can happen negatively on the future, but we all are hoping that if everything turns out fine, we will surely be benefitting a lot and even if it does not, we would have taken a risk that was certainly worth it.

sumanto

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no bitcoin can guarantee that it will last for a very long time or long term because bitcoin or cryptocurrency will only be useful if they have a request, if there is no such thing then the circulation of cryptocurrency will collapse.

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Quote from: El duderino_ on September 18, 2018, 03:07:16 PM

Quote from: celjc on August 07, 2018, 12:56:04 PM

What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?

there is no assurance as there is not with anything of investments and new tech ........
but if you want assurance then don't step in BTC ,only if you have a long term believe and see the value of BTC in the world
its not a get rich and be greedy quick thing

Exactly! No one can really tell how the future is going to play out, whether bitcoin is going to be accepted globally as a means of payment or will be an alternative to fiat, or whether the government will want to start bastardizing the efforts of those who are in this space at the moment, and as we are now, we are all hoping for the best and expecting that anything can still happen that is not positive. But it is a risk worth taking and that is the idea. At least, looking at the benefit in the long run, which smart person would not want to take a calculated risk for such? Moreover, it would no longer be a risk, if we have an assurance of what the future holds.

bitbunnny

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No one can't give you assurance like this. But Bitcoin will last as long as users will continue to support it and as long there will be interest for it.
I think Bitcoin has all prevonditions to last for a very long time, it's just has to integrate into economy and society more but again, that is depending on users.
As long people will have at least some use and profit from Bitcoin, it will survive.

Nahl

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Bitcoin won't last forever but bitcoin will not die in the near future and nobody can assurance bitcoin will still alive but rather than thinking bitcoin will last or not i think we have to more concern to increase the price and how to makes people more confident to use bitcoin in the middle of downtrend situations

carlisle1

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Quote from: celjc on August 07, 2018, 12:56:04 PM

What is our assurance that Bitcoin will stay for long or forever? There is a prophesy I have heard that Bitcoin will fall.
Can you share some strong reasons of why Bitcoin will last?

Bitcoin can’t assure us everything because this is a currency and wont react if no one make it to

But we can assure bitcoin if we want,since our investments and funds is the only way to make this cryptocurrency stay with us and give us whate need from this

I know that Holding is a word that is being mentioned here a million times but still i will tell you again tp Hold and trust the number one coin to help. US benefits in future

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