Topic: Which will survive in long run Bitcoin or Blockchain??? - page 6. (Read 1454 times)
But blockchain must exist for Bitcoin to exist. Meaning that, if there is no "Blockchain" there is no Bitcoin. But if there is no Bitcoin, there could still be Blockchain. Cause Blockchain is a technology and Bitcoin is an application of this technology.
blockchain technology is more promising and it seems to me that it will survive 100%. hopefully that bitcoin will also grow and develop
I'm not sure for Bitcoin but blockchain technology will certainly be more and more present in the future, its advantages are not measurable.
By the the use of blockchain technologies bitcoin will survive in the near future. Even its not measurable that bitcoin will not survive in the near future but if there is an technologies that helps it to develop more it will probably survive. Everyone on this forum is familiar with Bitcoin and Blockchain technology.So no need to discuss what they are except this; Bitcoin is first or we can say father of digital currency world and Blockchain is new revolution in digital technology world.
Currently market is down after a golden run and every day millions of people came to know about this new market and its uses.Some with negative views and some advocate it.Many country allowed crypto trading and many banned because of speculations and scams.There is lots of media attention about Bitcoin since its evolution and then its price rise.Many called Bitcoin a shit/fraud/scam when first it came into light but within 7-8years it touched $20000 per coin.
On other hand many new Altcoins like ETH, Ripple etc. also gain popularity and boost the need of blockchain in every filed.Now from media news and discussion on many forum I came to conclusion that everyone(Govt. big business houses) wants to adopt Blockchain technology but same time they are either opposing or banning Bitcoin and its uses.So my question is will Bitcoin survive or fall???What will happen if every country launch their own crypto currency using Blockchain technology???Will Bitcoin disappear???Please share your views/opinions and experience.
Currently market is down after a golden run and every day millions of people came to know about this new market and its uses.Some with negative views and some advocate it.Many country allowed crypto trading and many banned because of speculations and scams.There is lots of media attention about Bitcoin since its evolution and then its price rise.Many called Bitcoin a shit/fraud/scam when first it came into light but within 7-8years it touched $20000 per coin.
On other hand many new Altcoins like ETH, Ripple etc. also gain popularity and boost the need of blockchain in every filed.Now from media news and discussion on many forum I came to conclusion that everyone(Govt. big business houses) wants to adopt Blockchain technology but same time they are either opposing or banning Bitcoin and its uses.So my question is will Bitcoin survive or fall???What will happen if every country launch their own crypto currency using Blockchain technology???Will Bitcoin disappear???Please share your views/opinions and experience.
It is really interesting to think what can happen if very country launch their own crypto currency using Blockchain technology... but it will not happen because it is not comfortable to each gowerment - they will loose control os money in the country and they absoluty do not want to do it.
Blockchain is the new revolution in the world of digital technology. Both bitcoin and blockchain technology are indispensable. Bitcoin is a byproduct of Blockchain technology and both go hand in hand. However, if we talk about which is to stay longer then obviously Blockchain technology is expected to be here in the long run. Blockchain is a revolutionary technology which is going to transform the entire financial ecosystem. Blockchain is like the internet in the 90’s and now we all know what impact do we have in our lives because of internet. Many industries have already realized the potential of blockchain technology and adopted it widely.
On the other hand, Bitcoin is a just a digital currency which is in the form of a digital ledger backed by the blockchain technology because of which it is accepted across the globe. Bitcoin is the father of digital currency. Bitcoin is going to do to banks what email did to post office and Amazon did to retail. Due to its high volatility, it is giving a lot of investors reasons to doubt its sustainability in the long run. As per the current scenario, bitcoin market has undergone a dip yet people are risking their money in it. What the future holds for Bitcoin, that only time will tell. So, it is wise to say that, Blockchain technology will survive the test of time which might not hold true for Bitcoin.
On the other hand, Bitcoin is a just a digital currency which is in the form of a digital ledger backed by the blockchain technology because of which it is accepted across the globe. Bitcoin is the father of digital currency. Bitcoin is going to do to banks what email did to post office and Amazon did to retail. Due to its high volatility, it is giving a lot of investors reasons to doubt its sustainability in the long run. As per the current scenario, bitcoin market has undergone a dip yet people are risking their money in it. What the future holds for Bitcoin, that only time will tell. So, it is wise to say that, Blockchain technology will survive the test of time which might not hold true for Bitcoin.
Both Bitcoin and Blockchain will go together since Blockchain technology was the greatest revolutionary invention for the decentralized digital currency that is Bitcoin .With the Blockchain technology there will be no manipulations created blockchain technology gives security since Bitcoin is mostly suspected that it will sustain or not we can conclude that Blockchain will survive in long run for the time been ..
I think blockchain will survive
In my opinion, both of them are a unit that cannot be separated. Over time, bitcoin and blockchain will change. Adjust to your needs. Therefore, in my opinion bitcoin and blockchain will always go hand in hand
Blockchain is technology and bitcoin is digital currency so for bitcoin Blockchain is very important and these are compatible for now we have many coins and daily new coins coming in the market while both bitcoin and blockchain will exist in the world and we will see our next generations will fully used to it and that time crypto will be a universal currency and it would ready yo use.
I think Blockchain technology will outlive Bitcoin because companys are allready using it but ignoring Bitcoin
maybe until today, bitcoin is more popular than other crypto, but after we see the hash battle between BCHABC and BCHSV, bitcoin gets a huge impact, so bitcoin falls drastically.
this incident made us realize that blockchain doesn't support bitcoin anymore, today, blockchain is weak for bitcoin, we never know the future of bitcoin, but I think, blockchain always survives for a long time than bitcoin.
this incident made us realize that blockchain doesn't support bitcoin anymore, today, blockchain is weak for bitcoin, we never know the future of bitcoin, but I think, blockchain always survives for a long time than bitcoin.
The creation of bitcoincash was what brought about the blockchain technology.
So basically, both are mutually exclusive .
One cannot survive without the other.
If Bitcoin goes into extinction today, blockchain will follow suit.
So basically, both are mutually exclusive .
One cannot survive without the other.
If Bitcoin goes into extinction today, blockchain will follow suit.
Additionally, Blockchain can be seen as the fuel to bitcoin. It runs and powers Bitcoin.
Bitcoin is just a currency that is based on blockchain and if they were separated, then blockchain will last longer because it has proven itself to be the basis on which trustless transactions, anonymity, borderless transactions, low-cost for payments and fast transactions has thrived. Its use-cases are endless and so it's bound to last longer.
Peace
Bitcoin is just a currency that is based on blockchain and if they were separated, then blockchain will last longer because it has proven itself to be the basis on which trustless transactions, anonymity, borderless transactions, low-cost for payments and fast transactions has thrived. Its use-cases are endless and so it's bound to last longer.
Peace
why do you even insist on separating the two from each other?
it is like asking which one would survive longer, cars or combustion engines! bitcoin is based on blockchain technology and it is the one that introduced it to the world. bitcoin is also the one that is improving this technology and as the technology grows bitcoin grows and vice versa. they are not separate, they are one thing.
I agree with you on this. Personally I think that the introduction of Bitcoin led to the introduction of blockchain as well. So separating both of them doesn't seem ideal and therefore if any one of them will survive in the long run, then both of them, technically speaking will survive as well. it is like asking which one would survive longer, cars or combustion engines! bitcoin is based on blockchain technology and it is the one that introduced it to the world. bitcoin is also the one that is improving this technology and as the technology grows bitcoin grows and vice versa. they are not separate, they are one thing.
Blockchain technology has come to say whereas Bitcoin is just a digital currency which depends on it being valuable to stay significant. Blockchain will last much longer than Bitcoin.
To what I Know, blockchain will live longer than Bitcoin because blockchain is now used in so many field, it was developed more and more. There is no restriction for blockchain.
Bitcoin is part of the blockchain and it's not blockchain part of bitcoin. The Blockchain can function and be used by everyone who adopts it without them adopting bitcoin, but bitcoin doesn't work anything at all without the blockchain. Actually the government can use the blockchain without having to adopt bitcoin. However, if this happens and every country receives a blockchain and is used then we can be sure that bitcoin will always be there.
why do you even insist on separating the two from each other?
it is like asking which one would survive longer, cars or combustion engines! bitcoin is based on blockchain technology and it is the one that introduced it to the world. bitcoin is also the one that is improving this technology and as the technology grows bitcoin grows and vice versa. they are not separate, they are one thing.
of course bitcoin can't die, because all altcoins have standard bitcoin prices, so if bitcoin goes down then altcoin prices will decline, altcoin will be based on blockchain technology, the first technology to make bitcoin, so all altcoins are from bitcoin, bitcoin is like all altcoin ... and the blockchain is a system for making bitcoins when the blockchain is dead then automatically bitcoin and all altchoin will die too ... it is like asking which one would survive longer, cars or combustion engines! bitcoin is based on blockchain technology and it is the one that introduced it to the world. bitcoin is also the one that is improving this technology and as the technology grows bitcoin grows and vice versa. they are not separate, they are one thing.
I'm not too sure about Bitcoin because as what people know, without Bitcoin, no one knows what is blockchain and the process of it. Between Bitcoin and Blockchain, I can say that Blockchain will survive in the long run because it is decentralized system and is a digital ledger in which transactions made are recorded publicly and that will be used for the futures because of the advantages they provide.
Bitcoin and blockchain technology are not competitors. After this stage, bitcoin can't exist without blockchain technology, vice versa. They co-exist for along time and promote each other. I can't say that Blockchain technology directly depends upon Bitcoin but bitcoin dominates crypto market and it is difficult to separate them from each other.
Jump to: