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Topic: Will Bitcoin die soon? - page 30. (Read 43396 times)

newbie
Activity: 42
Merit: 0
July 07, 2017, 05:39:10 AM
Bitcoin is quite popular. However, due to unsure security issues, eventually many countries are banning the presence of Bitcoin. There are many factors that make the fate of Bitcoin already end of the horn, one of which is the failure of the world community to address the presence of Bitcoin.
full member
Activity: 269
Merit: 102
July 06, 2017, 11:34:10 PM
I don't think BTC is gonna die soon. A very young invention, a promising one at that, with a great future ahead, why will it die then?

I mean, why don't we show our all out support to an invention that is breaking the record of easy and anonymous transactions?
sr. member
Activity: 322
Merit: 250
July 06, 2017, 11:26:21 PM
No! Why would it die?

It has sustained itself for quite some time, and its popularity has only been increasing. That is the very foundation of bitcoin itself - its users. Without them, bitcoin would 'die'. But the only way this was to happen is if everyone suddenly deserted it, which I am sure won't happen any time in the near future.

Also, countries are now adopting bitcoin as an official payment method, meaning that its popularity can only rise. It makes sense to use bitcoin in most situations as opposed to a normal currency. The decentralisation that bitcoin offers is also a great advantage that its users enjoy. This is why we can only see its popularity increase in the future.
sr. member
Activity: 588
Merit: 253
July 06, 2017, 09:46:27 PM
The sign of the bitcoin die soon it looks like there has been no stable prices, seen in the range $2500, as long as there are no important issues about bitcoin, I'm sure, that bitcoin can last at least 10 years.
legendary
Activity: 2534
Merit: 1338
July 06, 2017, 09:35:28 PM
i never think about that, bitcoin will be raise and raise. Bitcoin will always be needed in the world, though bitcoin depleted will still be needed for the history of the development of virtual money in the world.

It never came to my mind that bitcoin will die soon. This crypto is very strong and this is the first crypto coin that has been ever made. The foundation is totally strong and there's a lot of rich people behind this coin so I really don't think and don't have to that it will die, whatever happens it is not going to happen.
Also people that say they want bitcoin to die most likely want an altcoin to take its place, but if bitcoin were to die then most likely we will see the death of most altcoins too, as most people will try to get out of the market of cryptocurrencies as fast as they could, those that wish for the death of bitcoin are not really seeing the whole picture of what it may happen.
hero member
Activity: 3024
Merit: 680
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July 01, 2017, 03:09:03 AM
i never think about that, bitcoin will be raise and raise. Bitcoin will always be needed in the world, though bitcoin depleted will still be needed for the history of the development of virtual money in the world.

It never came to my mind that bitcoin will die soon. This crypto is very strong and this is the first crypto coin that has been ever made. The foundation is totally strong and there's a lot of rich people behind this coin so I really don't think and don't have to that it will die, whatever happens it is not going to happen.
sr. member
Activity: 868
Merit: 257
July 01, 2017, 03:04:53 AM
Bitcoin won't die, before this happen an improvement will be chosen to be implemented. The question is if it will have a hard fork or not. I personalyl don't like the idea, I think it's very bad for the Bitcoin unity that was built along the years, but the transaction fees can't continue increasing like now and the delay can't continue. All we can do is to wait and see what happens...
I think bitcoin will never die because it is very useful when it comes in business. In addition to that, It’s impossible to die because bitcoin is money like are real money that has a value that you can it different transaction like paying bills and many more and I think some country already accept bitcoin as a money, so that its very impossible that bitcoin will die in the near future.
hero member
Activity: 2310
Merit: 532
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July 01, 2017, 01:52:10 AM
Bitcoin won't die, before this happen an improvement will be chosen to be implemented. The question is if it will have a hard fork or not. I personalyl don't like the idea, I think it's very bad for the Bitcoin unity that was built along the years, but the transaction fees can't continue increasing like now and the delay can't continue. All we can do is to wait and see what happens...
I also think that bitcoin will not die, it is our future, even if it is, something will just replace it with another form of cryptocurrency. Now I'm sure that it will not be dead because the value of it is still increasing day by day. And if it dies what will happen to those who own a lot of it? The investors and their bitcoin investments will be all gone too. They won't let that happen they are business.
The value and demand for bitcoin is not permanent and most of them are just here because of the hype of news or being fear of missing out (FOMO) but we can see the real value of bitcoin after at least 10 years because, right now, bitcoin is still hard to tell if the things are real or just a hype but after a few years we will see the real image of bitcoin in the market and also from the people.
In my personal view bitcoin now and even after 10 years remain the same with the uncertainty. None can predict the true outcome, one can make a prediction but never assure that it's real growth or a pumping or a bubble. Bitcoin lives long, at least for generations it exists and based on the adoption the years might increase rather than decreasing.
sr. member
Activity: 924
Merit: 255
July 01, 2017, 01:47:38 AM
Indeed it's annoying, i've experienced it but not too often, because i switched to medium fees now. Whether you use low fees on it, usually it happens because it uses low fees.
And I think Bitcoin will never die, some bitcoin accidents are often happening but bitcoin will stay close to a lot of people and keep on growing widely i guess.
hero member
Activity: 756
Merit: 500
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July 01, 2017, 01:28:51 AM
Confirmation is a big and hassle BTC problem. There's traffic you know. Many people are heating up angry with that unfixed problem. They should think of a way to solve that. I hope come August 1, that will become a thing of the past. Well, it won't kill BTC though. BTC is still an infant so to speak. No need to want it dead. Let it grow first.  Wink
I am sure that the transaction fee plus the amount of time it requires for the transaction to get confirmed will not be that much of an issue if the price of Bitcoin gets up to a few hundred thousand dollars. People wouldn’t want to spend their Bitcoins then since it will be too expensive.
hero member
Activity: 2590
Merit: 644
July 01, 2017, 01:13:07 AM
Bitcoin won't die, before this happen an improvement will be chosen to be implemented. The question is if it will have a hard fork or not. I personalyl don't like the idea, I think it's very bad for the Bitcoin unity that was built along the years, but the transaction fees can't continue increasing like now and the delay can't continue. All we can do is to wait and see what happens...
I also think that bitcoin will not die, it is our future, even if it is, something will just replace it with another form of cryptocurrency. Now I'm sure that it will not be dead because the value of it is still increasing day by day. And if it dies what will happen to those who own a lot of it? The investors and their bitcoin investments will be all gone too. They won't let that happen they are business.
The value and demand for bitcoin is not permanent and most of them are just here because of the hype of news or being fear of missing out (FOMO) but we can see the real value of bitcoin after at least 10 years because, right now, bitcoin is still hard to tell if the things are real or just a hype but after a few years we will see the real image of bitcoin in the market and also from the people.
full member
Activity: 350
Merit: 100
July 01, 2017, 12:36:27 AM
Bitcoin won't die, before this happen an improvement will be chosen to be implemented. The question is if it will have a hard fork or not. I personalyl don't like the idea, I think it's very bad for the Bitcoin unity that was built along the years, but the transaction fees can't continue increasing like now and the delay can't continue. All we can do is to wait and see what happens...
I also think that bitcoin will not die, it is our future, even if it is, something will just replace it with another form of cryptocurrency. Now I'm sure that it will not be dead because the value of it is still increasing day by day. And if it dies what will happen to those who own a lot of it? The investors and their bitcoin investments will be all gone too. They won't let that happen they are business.
sr. member
Activity: 469
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 30, 2017, 11:45:49 PM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

Here are some questions you have to ask yourself before you complain here:
1. Did I use a high transaction fee?
2. Is the blockchain getting a lot of traffic right now?

If the answer to Question 1 is no, then consider using a higher transaction fee next time to speed up the transaction time. After Segwit gets activated though the transaction fees should drop so thats an upside.

Just wait a bit longer, the payment should come through.
hero member
Activity: 882
Merit: 500
June 30, 2017, 11:40:00 PM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
I don't think that the confirmation problem is a factor to say that Bitcoin is die or it is going to die .
Because here it is not the fault of the Bitcoin network , it is the competition of the transaction with high fee .
The person who will pay high fee will get confirmation his transaction at the first and the person who will
Transfer his Bitcoin with low fee will get confirmation late and late as according to the amount of the fee
That he paid .
Since in the last month the fee was big problem because there were many transaction going and increasing
Cloud of the traffic .
So instead to say it is going to die , you should pay recommended medium amount of fee for the transaction .
If you can't pay high fee then wait after the first week , because block size are going to increase by double .
sr. member
Activity: 594
Merit: 253
June 30, 2017, 11:30:37 PM
Confirmation is a big and hassle BTC problem. There's traffic you know. Many people are heating up angry with that unfixed problem. They should think of a way to solve that. I hope come August 1, that will become a thing of the past. Well, it won't kill BTC though. BTC is still an infant so to speak. No need to want it dead. Let it grow first.  Wink
legendary
Activity: 2534
Merit: 1338
June 30, 2017, 11:16:08 PM
Bitcoin won't die, Bitcoin won't die soon.

Yes slow confirmation IS a problem. But Bitcoin is a wonderful thing we should not let disappear.
i agree with you that bitcoin will be never and yeah bitcoin confirmation is slow nowadays but i hope bitcoin confirmation problem will solve sooner and we know that bitcoin is now in development stage.
I myself am confused who will solve the problem in bitcoin like confirmation time, and other problems that are in bitcoin? While the bitcoin itself is decentralized? I do not really understand that. But I agree with that. That bitcoin will not die anytime soon

Bitcoin will never die.now ask why? Reason people are investing.The ratio of people investment is increasing rapidly so there is no option or new that bitcoin will die soon.it is false news.or consider it is rumors.
As long as people keep using bitcoin then bitcoin is not going to die, even if not a single new person ever used bitcoin we have more than enough people to keep bitcoin alive, obviously the more people the better and bitcoin is getting more people every single day so there is no way for bitcoin to die and with that in mind those that say bitcoin is going to die could not be more wrong.
full member
Activity: 210
Merit: 100
June 27, 2017, 08:44:46 PM
i never think about that, bitcoin will be raise and raise. Bitcoin will always be needed in the world, though bitcoin depleted will still be needed for the history of the development of virtual money in the world.
hero member
Activity: 3080
Merit: 603
June 27, 2017, 07:51:37 PM
I do not think that he will die, there will be ups and downs but the fact that bitcoin is evolving is a fact
Evolving in a positive way and its growing rapidly. These type of people that keeps on telling bitcoin will die soon wants to see bitcoin at dip. Its their strategy to buy bitcoin while it is low. Because they will have a lot of benefits when they bought bitcoin while the price is very low as they will just hold it.

Bitcoin did not come here in a day and it won't pass away in a day. The only thing that can happen is that losing some power from its dominance. The rest is still very powerful about bitcoin.

Losing dominance will make the price of bitcoin lose too. It all depends on the market but I still see that no other alt coins will make bitcoin replaced, dead and forgotten. News all around the world are talking about bitcoin and good & bad markets are relying to bitcoin, so bitcoin will always dominate.
sr. member
Activity: 469
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 27, 2017, 07:41:56 PM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

If this issues persists or worsens bitcoin will probably not die, but it is highly likely that bitcoin will recieve some hate and become damaged, but i think through this damage, bitcoin will improve and have faster transaction times and cheaper transaction fees also. If Segwit gets activated, then this should all happen, but right now just wait for August the first to roll around.
sr. member
Activity: 469
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 27, 2017, 07:40:20 PM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

If this issues persists or worsens bitcoin will probably not die, but it is highly likely that bitcoin will recieve some hate and become damaged, but i think through this damage, bitcoin will improve and have faster transaction times and cheaper transaction fees also. If Segwit gets activated, then this should all happen, but right now just wait for August the first to roll around.
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