Will Bitcoin die soon? - page 36. | Bitcointalksearch.org

easynote

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Quote from: rhyso on June 09, 2017, 12:15:57 PM

?

I have done a few transfers in the last couple of days and they have taken a minute...

dunno what you guys are experiencing?

I am pretty sure that the people complaining about the transaction fees are trying to spend Bitcoin every day or they are using multiple transactions. Bitcoin is not really designed for that from what I know. I am pretty sure that if they are willing to wait for the transaction to receive a confirmation then they would only have to pay a small transaction fee for it.

Mr. Legendaris

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It seems the bitcoin can last up to 10 years into the future, but I'm not sure it could survive more than 10 years, this is because every 10 years there is a new trend and the old left, the same as Paypal which is now starting to be abandoned.

chineseprancing

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That's impossible, bitcoin was not die sooner or later, bitcoin were continues increasing their price in the market. However, no one says what happen in the future. But I was expecting that in the future their amount was reach $5000.

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The possibility of bitcoin will die of course exists but I am sure not for next few years, and as long as bitcoin remains a priority as a digital currency and still used for transactions such as trading, investment and other transactions I think bitcoin still exists and is still strong, and strength of bitcoin is currently supported by an increasing number of investors investing in bitcoin as well as increasing bitcoin users in various countries.

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Quote from: just a man on June 09, 2017, 10:53:38 PM

Quote from: ZzV1Finn on June 08, 2017, 05:54:48 AM

Bitcoin will die sooner or later, but it's still too early to talk about it. He has good prospects for development, just need to perfect the transaction system.

I feel that Bitcoin will die one day as well. The price may get to a point where nobody wants it any more or the whole Bitcoin thing fails and there would be another currency that will try to replace it with the similar type of set up that Bitcoin has.

I don't think that bitcoin will die some day, because the cryptocurrency era has begun. More and more users as well governments are in plans of implementing of bitcoin platform based financial ecosystem. Bitcoin will live forever as a currency or as a technology, because more firms have started implementing blockchain technology based applications for effective functioning.

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Quote from: ZzV1Finn on June 08, 2017, 05:54:48 AM

Bitcoin will die sooner or later, but it's still too early to talk about it. He has good prospects for development, just need to perfect the transaction system.

I feel that Bitcoin will die one day as well. The price may get to a point where nobody wants it any more or the whole Bitcoin thing fails and there would be another currency that will try to replace it with the similar type of set up that Bitcoin has.

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Quote from: mornabo on June 09, 2017, 05:32:15 PM

Quote from: ?? on ??

If you use blockchain, your transaction may take more times than previous record. I have got confirmed my unconfirmed transaction after 8 days. I don't think Bitcoin will not die soon.

Lol I also use blockchain and I've also experienced a very long transaction time and it really makes me angry. If this condition continues, then the bitcoin tagline such as the cheap fee and fast transaction will be lost, and bitcoin will lose trust and die

Sometimes it happens when there is a large crowd on the blockchain transactions and at that time if you will pay high fees then your transaction will be completed sooner. There are also some sites which provide the service to accelerate your transaction of bitcoin like viaBTC.

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Quote from: mornabo on June 09, 2017, 05:32:15 PM

Quote from: ?? on ??

If you use blockchain, your transaction may take more times than previous record. I have got confirmed my unconfirmed transaction after 8 days. I don't think Bitcoin will not die soon.

Lol I also use blockchain and I've also experienced a very long transaction time and it really makes me angry. If this condition continues, then the bitcoin tagline such as the cheap fee and fast transaction will be lost, and bitcoin will lose trust and die

I also use blockchain wallet and sometimes I experienced long TIME to confirmed my transaction. Even the fee is high I experienced what other people experienced too. But sometimes my transaction is it taked time few hous before fully confirmed. I think the transaction is depends on how much the fee and its depends on the priority if your priority is high or low it depends I think.

mornabo

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Quote from: ?? on ??

If you use blockchain, your transaction may take more times than previous record. I have got confirmed my unconfirmed transaction after 8 days. I don't think Bitcoin will not die soon.

Lol I also use blockchain and I've also experienced a very long transaction time and it really makes me angry. If this condition continues, then the bitcoin tagline such as the cheap fee and fast transaction will be lost, and bitcoin will lose trust and die

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Quote from: lady Royal on June 08, 2017, 11:57:53 PM

Quote from: nexttime on June 08, 2017, 11:07:17 PM

I think Bitcoin will not die because you are not the only ones using Bitcoin in this world ... bitcon slightly slower payment that is only suitable for small payments should be no more likely to die

Yes, It'll not die because it is increasing everyday. Each day, hundreds of people are getting attracted by Bitcoins and adopting it. More people getting interested in Bitcoin means its value increases. So, If the value of something increases, it doesn't die unless if someone is trying to kill it.

Yes you are right bitcoin will not die because the number of users are increased in each day and bitcoin is more popular and more establish than past , also some countries government accept bitcoin then its price is very increased and investors also increased and I hope bitcoin will be very soon accept by all world government, so I think bitcoin will not die soon.

rhyso

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The fee on all three was 0.00008

which equals about $0.22

Now considering I just sent some money home to my country from another country and it cost $25 plus an extortionate exchange rate...

I would say that is pretty cheap.

I could have sent millions of dollars worth for 22 cents.

You guys are talking chump change as a limitation on BTC... You need to focus on a good job, not BTC transaction fees if you think 20 cents is a restriction.

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Quote from: rhyso on June 09, 2017, 12:15:57 PM

?

I have done a few transfers in the last couple of days and they have taken a minute...

dunno what you guys are experiencing?

Of course we know what we are experiencing and that is because of the delay of confirmation. In your confirmation, how much you are paying for the fee? The higher fee, the higher priority and attention of miners to your transaction. And majority of us are not willing to pay for higher fees as we knew bitcoin is a cheap way to transact.

rhyso

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?

I have done a few transfers in the last couple of days and they have taken a minute...

dunno what you guys are experiencing?

iamTom123

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Quote from: BitcoinMarshal on June 09, 2017, 11:40:41 AM

Quote from: mamaya on June 09, 2017, 09:17:48 AM

Bitcoin can never die but unless the scaling issues are solved it will remain a niche product and never go mainstream. We have the chance to revolutionize the world and I hope the miners listen.

You are right its not going to die but need to settle some things which are creating problems so we can hope this is going to be settle in near future because now some big names going to adopt this and investing some huge funds for revolutionize this all system

Bitcoin will be alive and well even after August 1st which is the date when the compromise agreement on scaling solution can be implemented or what they call as BIP 148 UASF. We are then hoping that real solutions can be implemented to the Bitcoin problems so that Bitcoin can finally be able to gain its real growth potential.

Bitcoin is right here and will stay for as long as there is a need for it and as long as people are still trusting the technology behind the number one cryptocurrency.

Long live the King!

jerry23

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Bitcoin is rising up rapidly so the wallet's owner thinking that bitcoin will go up more so that they increase the fee's of the its user but it doesn't mean that the bitcoin will die soon. no its a big no. the one who is saying that is just regret now because they didn't buy bitcoin in low value.

BitcoinMarshal

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Quote from: mamaya on June 09, 2017, 09:17:48 AM

Bitcoin can never die but unless the scaling issues are solved it will remain a niche product and never go mainstream. We have the chance to revolutionize the world and I hope the miners listen.

You are right its not going to die but need to settle some things which are creating problems so we can hope this is going to be settle in near future because now some big names going to adopt this and investing some huge funds for revolutionize this all system

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Quote from: BlockHazard on June 09, 2017, 11:25:38 AM

I fear too... any problem on BTC don't have a solution until now.... But I believe,, the blockchain and Bitcoin have a big solution for this case... cause BTC and blockchains so soon if death, beside of this case Bitcoin and Blockchain is a good technologi for future financial, Undecided

I'm also aware with these problems that can give investors doubt on investing with it. Companies can just adopt the blockchain technology and if there will be no solution for these problems on bitcoin for sure we will see a lot of people to adopt and migrate to some alt coins that is next to bitcoin. But I think if many will migrate there, the same problem will be experienced.

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Quote from: NEWGOODOUBLE on June 09, 2017, 07:17:01 AM

Quote from: ?? on ??

If you use blockchain, your transaction may take more times than previous record. I have got confirmed my unconfirmed transaction after 8 days. I don't think Bitcoin will not die soon.

Lol maybe due to the deep disappointment due to the lack of bitcoin as the confirmation time can make the user go and if it keeps on going the user can run out and bitcoin will die?

If Bitcoin can't fix issue Blockchain, the user Bitcoin will go to an altcoins can fix that, look like ETH, XRP, DGB ... I hope Bitcoin can fix it soon because if can't, the price of Bitcoin can breakdown more Cry

BlockHazard

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I fear too... any problem on BTC don't have a solution until now.... But I believe,, the blockchain and Bitcoin have a big solution for this case... cause BTC and blockchains so soon if death, beside of this case Bitcoin and Blockchain is a good technologi for future financial, Undecided

richsoon

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Quote from: ?? on ??

Processing of transaction is so delay I hope it should be so faster.

We all hope but the miners and users refuse to come to some compromise, honestly I dont care if its Segwit or Bitcoin unlimited as long as there is something that WORKS.

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