Pages:
Author

Topic: What will happen to Bitcoin year after 2140 ? (Read 3477 times)

newbie
Activity: 14
Merit: 0
A few years ago, the value of all the bitcoins in the world blew past $1 billion for the first time ever. That’s an impressive achievement, for a purely virtual currency backed by no central bank or other authority. It’s also temporary: we’re in the middle of a bitcoin bubble right now, and it’s only a matter of time before the bubble bursts.
legendary
Activity: 2632
Merit: 1023
bitcoin is just about the hardest thing to turn of / stop almost ever
full member
Activity: 210
Merit: 100
Invest & Earn: https://cloudthink.io
I wonder what would happen to Bitcoin after the year 2140, while mining will end and the last block will be mined.
Are there will not remain Bitcoin ? Is the transaction will be possible ? or what ?
At least i will be dead  Undecided Undecided !!!!

Can you imagine how world looked like 120 years ago?
Bitcoin will also change. IT changed a lot in 6 years, how much it will in 120.

probably a vacuum cleaner will have more hash power then 1000 times bitcoin network.
sr. member
Activity: 294
Merit: 250
If you can't understand my post please report it
I wonder what would happen to Bitcoin after the year 2140, while mining will end and the last block will be mined.
Are there will not remain Bitcoin ? Is the transaction will be possible ? or what ?
At least i will be dead  Undecided Undecided !!!!

i hope satosi nakamoto come to add new feature like POS interesting 3%/year
if POW end and can't be miner i hope price will be up
because very hard to get BTC
member
Activity: 96
Merit: 10
I dont think so bitcoin will die .. it may get enhanced and will be more popular and may be used worldwide  Smiley
legendary
Activity: 1120
Merit: 1000
People(myself included) can't even have some idea about what is going to happen after the next halving.

You could ask what will happen to Bitcoin after 2000 years from now, my answer would be almost as precise
full member
Activity: 168
Merit: 100
I think Bitcoin has bright future and  it should become more popular and should be accepted worldwide, also in past market was quite volatile and now days prices is still stable and to gain more confidence it should remain stable.
legendary
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
legendary
Activity: 3248
Merit: 1070
I honestly think bitcoin will eventually die. And a better alternative alt will eventually take over.

which will not change too much, and it does not make much sense, what's the point to have another currency that work the same or even if it work different, when bitcoin can be enhanced to work in the exact way of this new alt?

would make much more sense, to see a very different bitcoin in the future, with a whole new tech behind it, than seeing just another clone...
hero member
Activity: 686
Merit: 500
after 2140 BTC will;
- be accepted at about 30 000 businesses world wide.
- suffer from bad reputation as the preferred form of payment by pedophiles and drug dealers.
- be worth almost 300$ USD each
- be hoarded but never spent by 99% of users.


Dafuq , after all those years you think it will be with that shitty price ? then I guess that would be a huge failure .
Beside the value of 300$ in 2014 will surely won't be the same as now so it's basically worst Shocked
legendary
Activity: 3472
Merit: 10611
there are two.possibilities that could happen to bitcoin .
1) bitcoin wpuld be vanished .
2) bitcoin would be the largest selling currency used by every human being on the earth at every single place to shop.
bitcoin is going to undergo some changes if it has to survive for that long for sure. maybe by then we can see a couple of cryptocurrencies like bitcoin which are being used worldwide by different countries.
but one thing is for sure and that is the technology that it brought will never die and will develop over the years.
hero member
Activity: 511
Merit: 500
I honestly think bitcoin will eventually die. And a better alternative alt will eventually take over.
member
Activity: 98
Merit: 10
there are two.possibilities that could happen to bitcoin .
1) bitcoin wpuld be vanished .
2) bitcoin would be the largest selling currency used by every human being on the earth at every single place to shop.
legendary
Activity: 1946
Merit: 1137
You cannot predict the future of Bitcoin, why bother to keep trying? Everyone predicted it would be 10k a coin by now

Not everyone, I always said we would be stuck with a long term low price of 200 ish if not lower, before a mega pump happens. Let's see where we are at in 2 years.
nobody can predict the far future, what they do is that they speculate the near future. and 10k price was some speculation when the price was at $500 ish and it was said that it can head towards 10k and not a lot of people supported this speculations
sr. member
Activity: 350
Merit: 252
there's going to be so much bickering on the way up to 2140... today its all about block size...

what are some potential headache discussions we might have down the line?
legendary
Activity: 1456
Merit: 1010
Ad maiora!
after 2140 BTC will;
- be accepted at about 30 000 businesses world wide.
- suffer from bad reputation as the preferred form of payment by pedophiles and drug dealers.
- be worth almost 300$ USD each
- be hoarded but never spent by 99% of users.
hero member
Activity: 672
Merit: 503
You cannot predict the future of Bitcoin, why bother to keep trying? Everyone predicted it would be 10k a coin by now

Not everyone, I always said we would be stuck with a long term low price of 200 ish if not lower, before a mega pump happens. Let's see where we are at in 2 years.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
In 2140 I will celebrate the last block with a concoction of nano-healers and tell my great great great great grandchildren about how I was around in the days when you could get 50 bitcoins just for running a program on what we referred to at the time as "computers".
hero member
Activity: 784
Merit: 500
all we know that bitcoin is deflation from time to time Cheesy and of course if all of the bitcoin is distributed completly so that its price gonna be stable and increase over time,so all you have to do save your 1 bitcoin,print your identifier ,key and passwrd keep it safe and give it for your child or even for your grandchild  its an awsome heritage Cheesy

Yes once the people are aware about it and more and more people start using bitcoin it will make the value of bitcoin stable and then it can reach to a new level that we cannot afford to even imagine and the present scenario is people are not aware about it so its value is diminishing.
full member
Activity: 195
Merit: 100
What will happen to gold in 2140? What will happen to the US dollar? What will happen to the European Union? It's totally impossible to make predictions so far in the future, so don't bother thinking about it.

That' true you can't predict what will be the situation in 2140 and i don't think that bitcoin will exist till then as there will be more digital currencies entering into the market and it is sure that bitcoin will facing threat from the new entrants either it will be a global currency or else it would be just an history.
Pages:
Jump to: