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Topic: Will Bitcoin die soon? - page 38. (Read 43453 times)

hero member
Activity: 1078
Merit: 514
June 08, 2017, 05:23:29 AM
I am going on 8 days now. Welcome to the club.
The maximum that I have faced up was 4 days. I have two wallets and on Blockchain transactions are still slow, but on other, Hashnest, everything provided very fast, just couple of minutes.
hero member
Activity: 1666
Merit: 502
June 07, 2017, 10:12:47 PM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
you should use the default transaction fee or commonly recommended. already some people have similar problems with op because it's bitcoin is having difficult things about the transaction. but to think bitcoin will die not in my brain for now bitcoin still has many users and the price is high.
member
Activity: 150
Merit: 10
June 07, 2017, 10:09:07 PM
As long as the world is not doomed, bitcoin will never die, we can see the development of bitcoin from year to year is increasing from different point of view. This can be a reference and the fact that bitcoin will never die
sr. member
Activity: 798
Merit: 258
June 07, 2017, 10:00:09 PM
If the current situation persists for too long, then I believe yes... Bitcoin will be damaged, and the small Bitcoin holders will get out of the boat first, not before paying a premium for their transaction fee to fiat, of course.

Bitcoin will get damage only, but it doesn't mean it will gonna die soon. It will only be wounded but not long life even there is a few bitcoin holders will get out of the boat, there will be still upcoming new people in bitcoin community. So bitcoin will gonna die soon Cheesy
hero member
Activity: 1106
Merit: 502
June 07, 2017, 09:56:29 PM
As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.
yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .

Seriously guys? you are still doubting bitcoin right now, lol. If others are already believed on it even on the first time bitcoin was released on the crypto world, then we have to believe on it more right now, because as we can see, as days passed by, bitcoin's population is keep on increasing and its demand is increasing also causing the price to travel to the moon.

So, what is the point of asking this too obvious question even if we already know that bitcoin won't die that easily right now. Its solidity will not be ruined just like that.

There is no reason not to believe when we see prices very high already bitcoin even almost touching $3000, that means those people already have a high trust to buy or invest in bitcoin. even, some country currently already legalize bitcoin.
hero member
Activity: 1400
Merit: 571
June 07, 2017, 09:47:58 PM
As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.
yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .

Seriously guys? you are still doubting bitcoin right now, lol. If others are already believed on it even on the first time bitcoin was released on the crypto world, then we have to believe on it more right now, because as we can see, as days passed by, bitcoin's population is keep on increasing and its demand is increasing also causing the price to travel to the moon.

So, what is the point of asking this too obvious question even if we already know that bitcoin won't die that easily right now. Its solidity will not be ruined just like that.
sr. member
Activity: 658
Merit: 256
Freshdice.com
June 07, 2017, 09:27:21 PM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
No one knows when it will die but in my prediction, it will take hundreds of years as we can see that miners are expanding their hardware which would make transactions faster and less expensive. Another reason is that, huge companies and countries are now engaging with crypto currency which would cause bitcoin to strengthen its foundation.
member
Activity: 118
Merit: 100
June 07, 2017, 09:24:47 PM
Better question.....what if Bitcoin never dies?  Shocked

What would that do to the price...

Well its entirely possible for bitcoin to become a niche currency used only in few transactions in which case it could give a price of $10 or less. Following historic trends however if it never dies its because more and more people are using it so prices in excess of $10000 or even $100000 aren't even a dream anymore.
sr. member
Activity: 652
Merit: 257
June 07, 2017, 09:22:55 PM
Better question.....what if Bitcoin never dies?  Shocked

What would that do to the price...
full member
Activity: 168
Merit: 100
June 07, 2017, 09:11:13 PM
There is no valid reason to say that bitcoin will die in a short or later. Most users describe it as an bubble which can explode anytime as there is no central authority to control the market. In reality the same is circulating from the beginning of the cryptocurrency existence.
I think the bitcoin also will never die. because sooner or later the bitcoin will be used for all transactions. bitcoin can explode at anytime because its presence strongly influenced the market. because there is a center which manage or regulate the development of the bitcoin and control the market.

Bitcoin cannot be used for offline transactions so it can never be used for all transactions the same way credit cards could never replace cash, but it could feasibly be used for the majority of them. The only way this will happen though is if a real scaling solution is accepted but so far I don't see that happening in the near future.
newbie
Activity: 4
Merit: 0
June 07, 2017, 09:07:15 PM
There is no valid reason to say that bitcoin will die in a short or later. Most users describe it as an bubble which can explode anytime as there is no central authority to control the market. In reality the same is circulating from the beginning of the cryptocurrency existence.
I think the bitcoin also will never die. because sooner or later the bitcoin will be used for all transactions. bitcoin can explode at anytime because its presence strongly influenced the market. because there is a center which manage or regulate the development of the bitcoin and control the market.
sr. member
Activity: 630
Merit: 251
June 07, 2017, 03:44:40 PM
As of now i think bitcoin is so stable and its hard it to die. The main reason why bitcoin die if no one use it and no one adopt bitcoin. But now bitcoin are many investor.
yes bitcoin will not die in future because there are large number of people who are using bitcoin also invest their money in bitcoin and many trader are trading in bitcoin and now bitcoin is more established as compare to past because bitcoin users are increased day by day and many countries will accept .
copper member
Activity: 1050
Merit: 294
June 07, 2017, 12:05:31 PM
The problem in the transactions(delay) doesn't mean it is going to die. Users are increasing day by day and that's why the traffic on the network due to which some users are facing this problem. Hope so it will get better.
sr. member
Activity: 628
Merit: 276
BTC, ETH, XMR, LTC
June 07, 2017, 11:46:39 AM
This time I see a rapidly growing bitcoin rise, so if I do not think it will die today.
Indeed I see the transaction continues to deteriorate,
But I hope this will be fixed soon
SegWit is announced to be ''implemented'' in Bitcoin on 1. august. (i'm not 100% sure, check on web) https://cointelegraph.com/news/bitcoin-segwit-activation-august-1-new-bitcoin-improvement-protocol and many other solutions are proposed.
I don't know why people panic so much there are many people who sees problems, but bitcoin is not a game anymore to make changes without any thoughts. So definitely people are working on problems which BTC has!
full member
Activity: 156
Merit: 100
June 07, 2017, 11:32:44 AM
This time I see a rapidly growing bitcoin rise, so if I do not think it will die today.
Indeed I see the transaction continues to deteriorate,
But I hope this will be fixed soon
sr. member
Activity: 882
Merit: 251
June 07, 2017, 11:28:53 AM
I dont think bitcoin will die soon.. Nowadays, bitcoin is popular and many investors are into BTC. Even of too long to confirm the transactions, demand is still intact.  So I beieve bitcoin will still a great for me.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
June 07, 2017, 10:58:41 AM
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

I am not sure if this problem could be an indication that bitcoin will die soon as I really don't think that a huge percentage of bitcoin users are experiencing the said problem . however, if this problem will still be encountered in the next few years probably in the future it is going to be worse I hope that somehow there will be a solution for that .
full member
Activity: 228
Merit: 101
June 07, 2017, 10:57:46 AM
No Smiley
bitcoin is absolutely growing right now and its getting more important because bitcoins population is keep on increasing, thats why the price is rising up. so it is really impossible or unacceptable that bitcoin will die soon  Smiley
sr. member
Activity: 490
Merit: 250
June 07, 2017, 10:52:07 AM
I guess this will not make bitcoin die,
Bitcoin is getting good numbers of supporters despite the fact of slow confirmations.
This thing happened too in my account days ago, I do not know if my money will truly come or not anymore, there is nothing we can do unless you put high fee or I guess pump up your fee while its not yet confirm to priotitize in too much transactions.

I hope this will be resolve because sometimes people depends on bitcoin for their business or even in real life.
legendary
Activity: 1176
Merit: 1016
June 07, 2017, 10:46:32 AM
I think bitcoin won't ever be dead.It is very useful now.And bitcoin now is use as a currency.So this bitcoin is life.All transaction in this world is through current,So bitcoin will become powerful and useful to control this world.

I'd rather say Bitcoin's death is impossible to happen especially now that it has gained its momentum across the world and countries accepting it.

Regarding slow confirmation time in the Blockchain, seems like its getting faster since the unconfirmed transactions have dropped to 58k compared to the previous month who have 200k+ unconfirmed transactions which is totally astonishing though the transaction fee is the real deal nowadays since it is getting expensive.

Bitcoin cannot be death as almost every company will be using is soon and also many countries are adopting it making it a valuable currency. Keep a look at coin market cap and you will well understand the demand of bitcoins.
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