will bitcoin become obsolete? - page 13.

artichandra

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Quote from: ngamuk tok on August 03, 2018, 03:12:56 PM

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

If you talk about possibility, obviously bitcoin have a chance to obsolete in the future, but for now and i think in near future, something like this will never happen to bitcoin, because many user still have using cryptocurrency including me, cryptocurrency will surely die when no one interest in it.

Crypto Girl

sr. member

Activity: 980

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Quote from: ngamuk tok on August 03, 2018, 03:12:56 PM

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

I wonder what made you think that way. Maybe, time will come that bitcoin will be obsolete for some reason.
1. More new coins and it's useless, thus;
2. There will be no demand.

But seeing the current state of bitcoin, no altcoin can surpass whatever it reach. And with its growing value, demand will increase as people wanted to own some. Specifically, bitcoin and its underlying technology, blockchain, are both young and just started to grow its trend. Let's not spoil it. Grin

Baronggot

full member

Activity: 434

Merit: 100

Bitcoin will only be obsolete if there is a certain crypto that will rise and have a good feature and more capabilities than bitcoin. But that crypto is nowhere to be found yet because i believe that while bitcoin is around, no other cryptocurrencies can make it obsolete and useless.

Odlanyer

member

Activity: 350

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Everything have a limit even our life we can't life on this world forever we have a mete so if our life has a limit so also a bitcoin we use bitcoin until it their but if the time come that bitcoin stop its means its the end the limit of bitcoin was over, so don't waste time until bitcoin is their take a time to use and gain more coins.

BitGunner

member

Activity: 205

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I think that this will never happen as to my mind, this is the best way to earn and invest. trading of btc is the passive income method, its earning requires not many efforts and you will be able to enjoy pros soon

glorybtc

member

Activity: 165

Merit: 10

Quote from: ngamuk tok on August 03, 2018, 03:12:56 PM

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

all they can be obsolete after there are new innovations, but for bitcoin and blockchain which is new at this time, I think the bitcoin period is still long to be obsolete

nesty

full member

Activity: 518

Merit: 184

Quote from: ngamuk tok on August 03, 2018, 03:12:56 PM

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

At this point in time it will not be obsolete because many of us still invests in bitcoin same with other crypto currencies. If bitcoin is not useful and profitable anymore that will be the time it will become obsolete.

AAfunctionaluppityF

newbie

Activity: 112

Merit: 0

Nah, BTC will never become obsolete, it can't.
BTC is innovative and it will be the best for many time, devs are keeping working on that.

Ms.Anna

newbie

Activity: 113

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Bitcoin technology has become obsolete. At present, most crypto-currencies are technologically far more successful than bitcoin.

fonengo

jr. member

Activity: 140

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Obsolete if bitcoin ever Yes. But it won't be soon. And so everything becomes obsolete when a new technology comes. In the meantime, the blockchain is an innovation about the obsolescence of any speech can not go probably.

BitTheLight

newbie

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of course, everything ages over time, but even if bitcoin becomes obsolete, it can become a stable currency, and it will be in great demand, and people will start to buy it, without fear that they will be deceived

97bj91

newbie

Activity: 77

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Quote from: ngamuk tok on August 03, 2018, 03:12:56 PM

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

Probably, yes, but I don't think this will happen in real time soon. It's just beginning to grow, and it hasn't been used to its full potential. (I think) Also, since bitcoin is built with blockchain, it will take a very long time to make this obsolete. For now, I think it's best that we keep on improving our knowledge about this tech.

Zero504

newbie

Activity: 140

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bitcoin will become obsolete if in the end there are altcoins that are truly endorsed by the government, the volume will drop dramatically and make altcoin officially find independent conversion prices, but bitcoin will remain popular in the crypto market and continue to be active, it's still a matter of controversy, but still must be considered.

belimblink

newbie

Activity: 29

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Quote from: ngamuk tok on August 03, 2018, 03:12:56 PM

Analysis : Blockchain, the technology behind Bitcoin, is predicted to be the leading technology in the future, but this technology will become obsolete.

Is it possible that bitcoin will be obsolete in the future?

I think it's too early to say it now, Bitcoin and blockchain are still in the early stages at this time.
There are still many benefits that can be given that have not been realized.

rudox

full member

Activity: 476

Merit: 100

Every new system in the blockchain is trying to improve on bitcoin platform. They are all looking up to Bitcoin and working on bitcoin with bug system to
better where ever the bitcoin lacks or is down like scalability and high fess. But none of them has been able to surpass bitcoin in value , volume or market share. So if bitcoin can become obsolete that will be when something bigger and better than bitcoin is comes out.

Boa Exchange

newbie

Activity: 6

Merit: 0

Eventually in all things become obsolete as technology and people progress but I don't foresee it happening in the near future.

dimbaba

newbie

Activity: 56

Merit: 0

Technologies are always evolving and blockchain can also evolves into more advance technology than today.Bitcoin-related news is less, but bitcoin-related applications are much more, and the entire ecosystem is more mature. Bitcoin is no longer surrounded by a group of arrogant idealists, but more of a down-to-earth entrepreneur.

jonaire99

member

Activity: 588

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It will take a lot of years before a system like blockchain and the cryptocurrencies will become obsolete and that time all the remaining blocks of bitcoin is might be mined completely. Technologies are always evolving and blockchain can also evolves into more advance technology than today. For the meantime, Bitcoin will continue to lead the cryptocurrencies including the one that have a better technological features

ngano ba

jr. member

Activity: 280

Merit: 1

I would not say no , but it will depend on the future to come ,for we do not know if there will be a new launched and introduction of much more use than bitcoin, so there will be a chance that bitcoin will be obsolete , so it can not be predicted.

nicko122

jr. member

Activity: 462

Merit: 1

Bitcoin has not yet received the proper popularity and is not used as much as it would be desirable around the world. It can become obsolete in the distant future, if the financial world develops very quickly, we can see something new except bitcoin and cryptocurrencies.

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