will bitcoin become obsolete? - page 23.

xena2

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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?

no. bitcoin will not be obsolete. No one from this thread would not like that for sure. The demand in bitcoin is highly big.

Meowth05

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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?

Well, probably yes and but I don't think cryptocurrencies will be obsolete as well. Perhaps bitcoim will be only replace by another coin like eth which is closest behind of bitcoin. Crypto world is so unpredictable so we couldn't tell yet on what future of bitcoin will have. Hence, we should maximize the usage of bitcoin as long as we can because we cannot bring back the time.

kamoto

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Yes, I think so too. Already, bitcoin from the technological side of the issue is somewhat outdated. For example, the same site has a much higher quality software that allows it to be a very convenient means of payment (at least in the future ... maybe even far)
However, already at the moment, bitcoin is far from the most technological crypto currency

TahuDiniHari

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if I think, Blockchain will continue to innovate so that it is not left behind or obsolete, as well as bitcoin, will do the same thing (Innovation) to remain in the market, the most important thing is not left by the owners and users.

KridNewoj

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As long as crypto currency is still going bitcoin will not be obsolete because it has already establish its name in the cryptoworld so it will last for many years.

Kidmat

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Many things will happening in blockchain technology and so bitcoin will not become obsolete. I think their is development in the blockchain technology that users will still get involved.

bajigur894784

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No. I think, bitcoin and blockchain technology will not become obsolete. In fact, this is an innovation for the future. By its unique nature, Bitcoin and blockchain allow ways of use that other payment systems cannot do before. This means that Bitcoin has the potential to become a common way of transferring currencies in the future.

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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?

No BiTcoin will not run out of time because until now it is on the process of changes... Even know it continue to develop even it already established its foundation through out the world... So it will never become obsolete... We already know how great bitcoin it is... There are a lots of people who changed the status of their life because of it... The reason is because bitcoin is the mother of all cryptocurrency....

anilsaini.jaipur

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Technological advancement is a common norm in the world. If we are not advancing then it means something is not correct. Yes, it is said that blockchain will become obsolete but the same cannot be said about bitcoin. If a new chain is developed on which bitcoin will run then it will not be dead.

DenSamui

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Naturally, everything is older, sooner or later!
But bitcoin is still very young so it seems to me and it will not be obsolete soon. Since it does not stand still and will constantly improve and develop. In addition, popularity and demand are growing.

godfredmanu

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If bitcoins is said to be the future currency then how do it become obsolete. Bitcoin and blockchain technology is here to stay and as computer and mobile phones have become part of our lives so will bitcoins become in the future.

vnudelll

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I think that something old or too old will become obsolete and there will be a new alternative. But bitcoin is just beginning, so we do not know when it's new in life. And to know when a new bitcoin is out of date, it's a very difficult question to ask. None of us here can answer. But for bitcoin to be out of date, I think it will be a few hundred years, when we all no longer exist.

conected

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Quote from: airdrophunter on August 19, 2018, 06:50:35 AM

I never think that bitcoin will become obsolete anytime soon or even in the next decade. Bitcoin has become the very foundation of cryptoworld which may cause chaos when bitcoin will be gone already. If there is a crypto that can make bitcoin obsolete, im sure it won't happen easily and it will really take so long before it's going to happen.

- I do not think so, obsolescence is happening with Bitcoin because we can see the development of bitcoin is facing many problems, even it is declining, although we all know it is a normal story, but over time, bitcoin is going down deeper, showing a marked downward trend. The truth is that bitcoin has started to get old, we need to accept that, instead of trying to think bitcoin still has a very long time, it probably will not go away but the location of the bitcoin needs to be replaced, the longevity of the technology is always very short

axxo

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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?

It can happen in the future if and only if a far better technology could replace blockchain and bitcoin. But for sure it will take a long period of time before bitcoin would be obsolete thats why i do still support and hold my investments. Bitcoin had helped so many investors who take risk to invesy in bitcoin and i am one of its beneficiaries.

Osaaah

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Bitcoin and blockchain technology becoming obsolete is more less like saying Bitcoin and blockchain technology will die off and be replaced by a more better technology in future. The truth is, there is more room for innovation and the emergence of a new mind boggling technology... but that will not necessarily make bitcoin and blockchain technology outdated and useless. I am pretty sure as we advance in years into the future, dev team of Blockchain technology and Bitcoin are putting measures in place to keep these technologies alive so as to continually serve their rightful purpose to humanity. Bitcoin and blockchain technology are never going to be obsolete regardless the emergence of a new technology.

airdrophunter

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I never think that bitcoin will become obsolete anytime soon or even in the next decade. Bitcoin has become the very foundation of cryptoworld which may cause chaos when bitcoin will be gone already. If there is a crypto that can make bitcoin obsolete, im sure it won't happen easily and it will really take so long before it's going to happen.

anhhungxadieu0402

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Why do you think BItcoin is outdated? While it is coin top 1 on all floors. What causes bitcoin to die? I do not think so. I still believe Bitcoin will thrive in the future.

drukoz2

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While bitcoin will be of interest to users, it will be relevant. And this technology is so unique and convenient that we will use it for a very long time, I am sure. And bitcoin is in a constant process of development, which does not allow it to lose relevance.

bellator66

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Bitcoin's potential is increasing and it is unlikely that bitcoin will become obsolete. Bitcoin's popularity also increased. So this will certainly give strength to bitcoin. And it benefits the holder.

fattyforhire

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Bitcoin may well be out of date, but it is too early to talk about it, as it is only gaining popularity and people are just beginning to really understand all the delights of this technology.

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