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Topic: will bitcoin become obsolete? - page 19. (Read 4907 times)

full member
Activity: 602
Merit: 100
DeFixy.com - The future of Decentralization
August 28, 2018, 01:38:29 AM
I think blockchain technology in the future is very necessary for large countries because with various transactions that are difficult to track, creating a blockchain has a very positive impact on various political systems later.
sr. member
Activity: 2030
Merit: 269
August 28, 2018, 12:40:33 AM
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 don't know how many times I stumble this kind of post, the technology behind Bitcoin will never become obsolete, but will just to continue to evolve this is to adopt the growing needs of the community and for the fast adoption behind this technology, it will not die like all the other shitposters are posting.
member
Activity: 378
Merit: 11
Decentralized Digital Billboards
August 28, 2018, 12:40:14 AM
Its already obsolete in technological side.
But community still using it how #1 blockchain, there is community select who will live and who die
full member
Activity: 291
Merit: 100
August 28, 2018, 12:37:14 AM
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?

Well eventually Bitcoin will become obsolete but I don't think it will happen in our lifetimes.  I think Bitcoin serves its purpose wonderfully as is and will remain #1 for the foreseeable future.  There may be faster and more technologically advanced coins but they cannot replace bitcoin. 
full member
Activity: 756
Merit: 102
August 28, 2018, 12:32:22 AM
Bitcoin's life depends on us - the community. As long as there is community who is using it, Bitcoin will be fine.

not only the community alone but also to the majority of people around the world . without them , dont you think bitcoin will have its value and will grow this far ?

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Re: will bitcoin become obsolete?
yes . only if people wont stop buying and supporting it but based on what i see right now , i dont think think bitcoin will end up too early  . bitcoin these days is only getting started and not yet reach its peak  .  based on the statistics , only 40 to 50 % of the people all over the world are now involved to bitcoin and crypto which means we still need another 50% to be able to fully see the development of it .
jr. member
Activity: 232
Merit: 1
August 28, 2018, 12:24:32 AM
Bitcoin's life depends on us - the community. As long as there is community who is using it, Bitcoin will be fine.
jr. member
Activity: 127
Merit: 1
August 28, 2018, 12:21:49 AM
bitcoin will not become obsolete as long as there is still interest from investors towards this crypto currency, I think bicoin will be a digital currency that can compete with fiat currencies in terms of transactions
full member
Activity: 714
Merit: 100
August 28, 2018, 12:15:11 AM
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?

How can be a leading technology will become obsolete if it will be adapted, used and developed by most of the countries that supporting it? Maybe it will be upgraded but it doesn't mean that it will be gone except if there is new technology which is better than existing blockchain then it will be possibly to be superseded or obsolete. Therefore as long as the blockchain will exist then Bitcoin is secure as long as there are people that will invest.
newbie
Activity: 108
Merit: 0
August 28, 2018, 12:11:09 AM
Bitcoin is very strong kind of digital technology will become famous in the future.I don't see how bitcoin will be absolete.
newbie
Activity: 41
Merit: 0
August 27, 2018, 11:23:48 PM
No.I will become famous in the future.It will be man's basic need because eventually our society will be cashless.Everything is digital.
newbie
Activity: 182
Merit: 0
August 27, 2018, 10:23:11 PM
Maybe, but it would be many years pass before it gets there i think. well that is only my opinion, because we are speaking in the future. I think there will be some other coins who will stand in the future rather than Bitcoin.
sr. member
Activity: 616
Merit: 250
August 27, 2018, 10:20:40 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?
no one knows what future bitcoin or other crypto currencies will be like because it has become an investor risk in investing with crypto currencies for me the most important thing is to take advantage of the opportunities that are still there to invest
hero member
Activity: 1008
Merit: 501
August 27, 2018, 10:14:37 PM
There is hardly a currency that can surpass the ever-improving bitcoin. That's what attracts me, he does not lag behind the time and continues to improve its technology.
You know that technology will progress over time. certainly one day there will be a cryptocurrency that has innovation and sophisticated technology. if bitcoin does not continue to improvise or update it will certainly be left behind by their competitors who will continue to arrive and advance
newbie
Activity: 140
Merit: 0
August 27, 2018, 09:52:16 PM
Bitcoin is very strong kind of digital technology , fully develope and very popular , I do not think that it become obsoltte in the future, it could be replace by another advance technololgy bitcoin and it will stay in cryptoworld for a long time, since it was discovered.
jr. member
Activity: 235
Merit: 1
Staker.network - POS Smart Contract ETH Token
August 27, 2018, 09:43:46 PM
In my own opinion, i believe blockchain technology which is behind Bitcoin will never go obselete but instead it will be further enhanced to meet the needs of its investors and solve the existing issues and flaws of the system itself. As of now, there are also crypto technologies that were introduced to further innovate blockchain such as the Directed Acyclic Graph (DAG) and hash graph which aims to solve scalability and other issues of the system. Thus, i will always believe blockchain as the major technology of Bitcoin will never go obsolete as Bitcoin itself comprises the greatest market cap nowadays. I guess we are already at the post-early stage of blockchain era and it will be further developed to revolutionize our future e-commerce and monetary system.
hero member
Activity: 784
Merit: 500
August 27, 2018, 07:50:43 PM
yes, of course bitcoin can be very good in the future, bitcoin can be one of the safest and most convenient payment methods for the whole world and the transaction is also very easy and the demand for bitcoin will be even higher in the future.
hero member
Activity: 1428
Merit: 506
August 27, 2018, 07:39:30 PM
I have a doubt that bitcoin will become obselete. And how did you know it's future ahead of bitcoin? As long people or users do exists in this community bitcoin will never become obselete. Their is a changing of price of bitcoin this means an active buyer and sellers and also users still support this technology.
full member
Activity: 714
Merit: 101
This Is Promissing Project
August 27, 2018, 07:33:43 PM
so funny this question. in my opinion, obsolescence is only used for goods that are no longer of value, it can be said to be used goods. If bitcoin later becomes obsolete it might be even higher than now, because many people already know bitcoin. It can't be imagined that bitcoin is obsolete which becomes expensive because it's obsolete ...
newbie
Activity: 42
Merit: 0
August 27, 2018, 07:31:51 PM
I actually wonder what will come up after the world has been fully digitized with aid of a blockchain technology ,the family to which bitcoin belongs to,I think there can only be technological advancement in this aspect,not totally obsolete,diamond has been in existence before now years back,but because of it's importance the value and stake is still very high.
full member
Activity: 504
Merit: 100
August 27, 2018, 07:30:33 PM
for blockchain technology, I don't think it will ever become obsolete, because we know the decentralization of blockchain technology.
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