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Topic: will bitcoin become obsolete? - page 4. (Read 4873 times)

full member
Activity: 700
Merit: 100
Sovryn - 300-500% APY on USDT Deposit
September 20, 2018, 05:50:32 PM
blockchain and bitcoin will not be obsolete in the future, we don't know what will happen in the future, what I know now is that with blockchain we will experience increasingly rapid technological development, we must continue to support the development of bitcoin and blockchain
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
September 20, 2018, 04:57:16 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?
Everything is subjected to this world into work will become obsolete , but here why you are not thinking that this is technology not the living thing that it will lost its quality by time to time .
Just see toward the android platfrom , in the very starting android was not better at his place and was much comparable with Java programming , but time to time android version get updated and finally it become a most perfect programming for the development of application instead of another java etc .
So here this is Blockchain technology not any living thing , and also you can see that time to time hard fork in Bitcoin network making the Bitcoin experiment to make it much better and also for increasing speed they are doing new new experiment ( segwit wallet introduction and 2M block to double to make transaction more faster with less fees ) .
So here big big banks knows very well that how much it is better to have Blockchain Technology in banking sector and how they can grow the industry of the banking system time to time with new new implementation of techniques in Blockchain technology .
jr. member
Activity: 224
Merit: 6
The revolutionary trading ecosystem
September 20, 2018, 06:07:06 AM
Bitcoin is a coin that will eventually become more popular, and more and more people will learn about it every year.


In my own opinion bitcoin is hard to become obsolete because everyday the users of it are keep in increasing and increasing throughout the whole wide world. In fact there are many believers of it already because of the huge profit that they earn with their time and effort of investing on it. So it is really hard to get obsolete for a cryptocurrency like bitcoin that is already popular worldwide.
sr. member
Activity: 730
Merit: 250
September 18, 2018, 07:06:48 AM
This should not be ruled out. In time, something may be steeper than bitcoin. And then bitcoin will become obsolete accordingly. But at the moment it is not foreseen
full member
Activity: 350
Merit: 100
September 18, 2018, 06:34:37 AM
Bitcoin is a coin that will eventually become more popular, and more and more people will learn about it every year.
newbie
Activity: 23
Merit: 0
September 18, 2018, 02:51:44 AM
I don't think that blockchain technology will be outdated. I believe blockchain in the future. This is the most outstanding technology I've ever encountered. It will never be obsolete until more powerful technology is available.
full member
Activity: 686
Merit: 100
September 18, 2018, 02:44:14 AM
I think bitcoin will never become obsolete. He was the first and people have great confidence in him, so the price will never drop to 0. IMHO

A high belief because I think it's true to see Bitcoin won't be as easy as it ends. it's not that easy to not have a price.
full member
Activity: 280
Merit: 101
September 18, 2018, 02:38:23 AM
I think bitcoin will never become obsolete. He was the first and people have great confidence in him, so the price will never drop to 0. IMHO
full member
Activity: 462
Merit: 100
September 18, 2018, 02:27:52 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?

Definitely. Clearly, nothing is really perfect and technologically advanced forever in the world. So eventually, bitcoins will be obsolete and will be replaced by some super coin that can even replace the money system we have now. So best to take advantage of the fact that bitcoins are priced this way today and sell as much as you can.
sr. member
Activity: 1246
Merit: 252
September 18, 2018, 02:27:33 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?
in my opinion, technology is never obsolete but will change to develop and will be more advanced and developed again later, maybe for now as a pioneer and creator and will develop along with the times and technology
full member
Activity: 266
Merit: 100
September 18, 2018, 02:06:07 AM
Bitcoin will not become obsolete, because it is the main cryptocurrency asset showing the state of the entire market. Like an index, so bitcoin will live forever. IMHO
jr. member
Activity: 77
Merit: 1
September 18, 2018, 02:02:05 AM
How can it possible that bitcoin become obsolete? at this time bitcoin already accepted by everyone and also already accepted everywhere although there are still some countries that still have not accept it, bitcoin is already very popular and there are many people involved in bitcoin. But in this era anything can be obsolete if it cannot be improved properly, however bitcoin can't become obsolete and I'm sure it can't be happening.
full member
Activity: 588
Merit: 100
September 15, 2018, 06:32:05 PM
bitcoin will not be obsolete, as long as there are still many enthusiasts, this will certainly add to the popularity of bitcoin itself.
jr. member
Activity: 224
Merit: 2
September 15, 2018, 05:46:07 PM
rather than becoming obsolete, bitcoin will appreciate in value, saying bitcoin will be obsolete, is like saying fiat currency will one day have no use case, is that even possible? bitcoin is the fiat of digital business and will never go obsolete.
legendary
Activity: 3752
Merit: 10424
Self-Custody is a right. Say no to"Non-custodial"
September 15, 2018, 05:29:41 PM
Nothing is guaranteed in life. Even life itself is not guaranteed. The blockchain technology is a fantast technology but their are no guarantees that it would be adopted in our day to day lives. So, no one can tell

Yeah, but each of us still make bets and investments based on timelines regarding how long we expect to live, which is difficult to calculate and we could end up being wrong - yet, it still remains prudent to make such bets and perhaps attempt to draw down your investment capital in order that you can enjoy a significant amount of it during your life time.  Sure some people have priorities to leave to their kids, which seems a decent waste of time if they don't attempt to enjoy a large majority of the value themselves.

So far bitcoin seems to be on a path to building and growing, and there do not seem to be any meaningful facts or logic to be predicting obsolescence, which means that it is a good investment, and if it begins to become apparent that it is going down a road towards obsolescence, then at that point, we should reallocate our value away from it.
hero member
Activity: 1190
Merit: 500
September 15, 2018, 12:45:27 AM
Only time can tell when will bitcoin and other leading cryptocurrencies become obsolete. But many coins might be gone long before they become obsolete and the first sign is their delisting from the crypto exchanges.However, if bitcoin is compared to gold, I'm not sure bitcoin won't be obsolete because it will be like gold and still worth it. The amount of bitcoin is limited to gold, but with these limitations will make bitcoin have a high value.
Gold is not a result of technological development that is why gold will never be obsolete until now while bitcoin is an innovation of a technological development, if bitcoin does not develop and renew according to the times of course they will become obsolete, as well as the entire cryptocurrency..
newbie
Activity: 210
Merit: 0
September 15, 2018, 12:40:13 AM
Nothing is guaranteed in life. Even life itself is not guaranteed. The blockchain technology is a fantast technology but their are no guarantees that it would be adopted in our day to day lives. So, no one can tell
sr. member
Activity: 700
Merit: 252
September 14, 2018, 11:47:20 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 can know for sure the development of cryptocurrencies and the development of technology and what I and the investors hope is that in the future crypto development will grow rapidly
newbie
Activity: 24
Merit: 0
September 14, 2018, 11:26:14 PM
Just put every penny you have into it right now and live off of ramen until it goes 100k
Good plan yeah?

Great plan
Ramen and tap water until we hit 100k$/BTC
jr. member
Activity: 30
Merit: 2
September 14, 2018, 11:17:31 PM
Just put every penny you have into it right now and live off of ramen until it goes 100k
Good plan yeah?
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