Topic: What will happen with Bitcoin if it never scales? - page 3. (Read 11417 times)

I think we can keep Bitcoin in stock form. Because whenever the price of bitcoin will increase. Then at that time we will have good profit.

I hope it doesn't happen, because if it does, it may be the beginning of the end of cryptocurrencies. It may generate panic as people as well as investors may loose interest in bitcoin and altcoins generally.

for me, bitcoin will always be the top in its class, and rivals will never outperform bitcoin. because the impact of bitcoin itself for people is extraordinary, they have become very rich and fulfilled for all their life needs. I am sure of that.

If Bitcoin is not expanded to the world, it will be very difficult for our community. As Bitcoin is not widely developed, altcoins will not be able to grow independently. As well as good deals i think so and in any situation we also see Bitcoin will have its own development path.

The market will grow and fluctuate at bitcoin prices. I do not think that if bitcoin does not expand the market, the other altcoin could grow faster than bitcoin and replace its place. Bitcoin is always the focus to attract the most investment. If it does not expand the bitcoin trading market still happens and the value of the bitcoin still fluctuates normally.

You see, if Bitcoin is not expanded it will not be able to return to the $ 20,000 price as before. Bitcoin price increases require investment from human resources. If it is legitimate, of course the investment will be easy, so it will attract more investment.

Yes, other cryptocurrency will take the lead. ETH is moving up. So if bitcoin cannot follow ETH,  then kt will definitely fall from the list. However, bing static on the price may have cons and pros as we. But it the main problem is, do still investors invest on BTC if that is the case?

If it happens. there are two possibilities that can occur in crypto currencies. all altcoins will experience price declines when bitcoin isn't scaled. because bitcoin greatly affects all altcoins and crypto currencies will be scaled. another possibility, altcoin will take over as the main crypto currency substitute for bitcoin and altcoin will become the parent of crypto currency for new coin to be released.

bitcoin is still developing strongly, there are many new solutions to speed up payments for small transactions and other innovations in bitcoin.

There's no doubt that Bitcoin will increase in value due to its finite or limited supply. However, if Bitcoin doesn't manage to scale, then other cryptocurrencies will take the lead in fast and cheap micropayments around the world. Even if other altcoins manage to gain traction in terms of usage and popularity, Bitcoin will always be the most secure blockchain in existence. Scalability is not much of an issue if Bitcoin could remain secure and decentralized as possible.

As such, whenever people want to store their money securely for the long term, they'll use Bitcoin as it's a store of value. On the other hand, most altcoins on the market will become "Digital Cash" serving as true alternatives against traditional Fiat currencies such as the US Dollar and the Euro. Therefore, Bitcoin will do just fine even if it doesn't scale. If it scales with the Lightning Network, then it will have a huge advantage over most altcoins we know and love today. Just my opinion

If it is happened that bitcoin will never scales, I think it will not die or disappeared but it will remain in the heart of some investors with a lot of positive mind about it. Because bitcoin ecosystem was already created a history of profitable investment and it was involved a large scale of money when manipulated effectively and with bullish market trend condition timely taking over.

Yes. If Bitcoin doesn't scale, then it would simply become ignored by people as they look for other alternatives which are faster and cheaper than Bitcoin. By then, Bitcoin would retain its properties as "Digital Gold" but it would lack the capability of being used as "Digital Cash". However, if Bitcoin successfully scales with the Lightning Network, then things would change for the better as Bitcoin becomes both "Digital Gold" and "Digital Cash" for the masses.

The pioneer cryptocurrency would then become useful for micropayments, smart contracts, and nearly every other thing we know and love from altcoins. When sidechains, and the Lightning Network is combined, you'd get an "All-in-One" blockchain ecosystem that's secure, resilient, and useful for the mainstream world. However, it will depend whenever people would adopt Bitcoin's new scaling technologies for the cryptocurrency to advance as a worldwide payment system.

Nevertheless, scaling Bitcoin or not, wouldn't matter since it's still functional as a blockchain system free from middleman. Bitcoin could still process transactions without scaling, but with the drawback of higher costs and slower speeds. Scaling would only make Bitcoin cheaper and faster for the world to enjoy, which is something optional for Bitcoin to achieve mainstream usage and adoption. Just my thoughts

People see a cryptocurrency bubble. In the sense that most cryptoactives are overpriced - this is true. One day, most of them will disappear. But this is not the end, this is the beginning. Crypto-companies, crypto-positive people are now in euphoria: it seems that the handy, decentralized future is at hand.

But something so complex does not work that simple. 90% of tokens will fail. But when the bubble bursts, there will be really working ideas. This is exactly what the Internet experienced in the 90s. Most of the tokens in listings on the stock exchange will disappear in 20.10.5 years, because some were originally created for speculation, while others would collapse under the weight of their utopianism.

However, for Bitcoin, the only way out is to become a world currency, which is hardly possible. And yet, if this does not happen, you get what I described above.

If it is not expanded and the market is limited I think bitcoin will not be able to go further in the future. bitcoin will not grow, it is limited and gradually it becomes neglected and lost attention. Bitcoin needs to expand the market and attract the attention of more investors to grow and create future price fluctuations.

I think that even if scaling is not achieved, bitcoin will not lose its popularity among investors. Bitcoin will not be used for payments, but will play the role of an analog of gold for investors. But I still hope that bitcoin will be scalable.

Me neither. No other altcoin could match Bitcoin in terms of security, and reliability. Sure, the original cryptocurrency could be facing a lot of issues which are disappointing such as high fees, and slow speeds, but it's still the leader of the whole cryptocurrency ecosystem. The technology is there already for Bitcoin to scale, but it may need some time before solutions are tested to prevent the breakdown of the whole blockchain. Slowly but surely, Bitcoin is advancing with its Lightning Network to become a global cryptocurrency for the masses.

But, even if it's not successful in this regard, Bitcoin will always remain as "Digital Gold" due to its scarcity, unmatched security, and immutability. I hope that developers and the community would choose what's best for Bitcoin to help preserve its key aspects which are the ones mentioned earlier.

If bitcoin never scales this current bearish situation, i trust that other coins will rise up and become the future bitcoin. They will become the most talked about and most used for cross crypto transactions.
Bitcoin will now become the alternative.

This will be an extreme issue in case it never does scale as I would commend that another cash would take the storms, potentially ETH? You never truly ken on something like this, yet the one thing that I do ken is that people on the BTC organize are worn out and tired of paying such high costs and are probably proximate to simply get the cash for out and just utilizing another system for portion all the time as opposed to keeping their bitcoin as they're doing now and paying like $1.30 for one trade.

I do confide in its scales, in any case, as I optically perceive that as the fundamental probability for Bitcoin to have the ability to be ostensibly observed as a money that will be prepared to hold some uncommon strong balance with respect to the dominant part enduring and utilizing it exhaustively. If it doesn't people are basically going to find something that will suit they're required, for example, whatever else on the planet this is the methods by which it works.

The problem is, the current landscape of the Bitcoin ecosystem is very different from what it used to be back at the inception of the cryptocurrency. The number of people involved has grown from a few dozens of passionate enthusiasts to over 10 mln of everyday users.

Bitcoin is attractive at the moment, wanting to become a daily payment instrument, transaction fee and transaction time is the core.