Will Bitcoin die soon? - page 40. | Bitcointalksearch.org

Arindava

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Quote from: Vaculin on May 18, 2017, 12:11:36 AM

Bitcoin nowadays is growing rapidly so i cannot tell that this will die soon based on what is its standing at the present.I honestly believe bitcoin will continue to conquer the universe for the coming months and years.

I hope so, increasingly not to die because the world's state needs digital currency to make transactions Grin

onurgozupek

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In #Bitcoin me trust

It's not a secret that there are problems in Bitcoin transfers but it doesn't mean that there are no solutions. There are of course some technical solutions but there no common agreements yet... Segwit and hardfork are two solutions at the moment but it needs sometime and support from miners and users...

angaper

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Quote from: loveyouforever on May 17, 2017, 06:48:46 PM

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

It is true that this situation has proved to be quite problematic for many bitcoin users, but I do not think it is in itself a reason to anticipate the imminent death of bitcoin. To be honest the future of bitcoin seems to me very ambiguous, as it has enough strengths to anticipate an ascent to the moon, but also has enough weaknesses to leave the door open to a potential failure.

But back to your point, it is clear that you are quite impatient to send to hell all this amazing ecosystem for only a few hours in which your transaction has not been confirmed.

BitcoinsGreat

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Without having fully investigated the other options, I believe there is at least one out there that still gives the security of confirmations and keeps the coin/site admins out of the mix. I could be wrong but this slow tx confirmation maybe the reason of downfall of bitcoins someday.

majeed

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Damn

Quote from: 33bitcoin on June 04, 2017, 12:37:06 PM

SAME HERE I MOVED TO LITECOIN FOR NOW

NIce. But it seems that investors do not see the potential in litecoin and the benefits which litecoin can provide us. Therefore, I think that the litecoin dev team needs to do something to encourage more people to use this currency

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: 33bitcoin on June 04, 2017, 12:37:06 PM

SAME HERE I MOVED TO LITECOIN FOR NOW

Good for you,if you are trying to send micro transactions then find an alternative solution is the best thing to do,but if you are looking for monetary advantage in terms of trading then bitcoin is the only solution,since there is a transaction delay does not mean that the network is going to die,hope there will be a network upgrade in the near future so that these problems are solved,either way the money is still in bitcoin.

33bitcoin

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SAME HERE I MOVED TO LITECOIN FOR NOW

HasHe

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Quote from: Reid on May 18, 2017, 12:16:46 AM

Just one problem and you want to kill bitcoin already.
This question keep popping out everytime someone got a problem with the transaction time. I hope this ends.
Bad threads like this can make an impact if someone believes it.
If you are sending a big amount then next time better pay a higher fee if you are in a hurry to receive it.

Absolutely,if you are in a hurry,better set higher fee for the transaction.Temporarily,to avoid such delays,some times i stored my btc in an exchange since fee was very low as 0.0001 btc and transaction time taken was also very low.But its not advisable to always keep btc in exchange.

Mpamaegbu

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Once a man, twice a child!

Quote from: loveyouforever on May 17, 2017, 06:48:46 PM

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

The OP is misleading with thread title. The post does not say much about the title.

Well, we are in a world where anything is possible to happen. Pre 2009, nobody knew anything about Bitcoin. It wasn't even in existence at that time. Now, look at it taking the world by storm and towering over the dollar, the euro and pounds sterling. No one believed it could achieve this level. Now, here it is. So, who says Bitcoin can't be gone in the next few years just the way it came? It's possible, with all its transaction problems and backlogs. It could die...

PokerFace3

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Quote from: _Legendary_ on June 03, 2017, 12:19:37 AM

I think not, even bitcoin will last at least 20 years away, are now a lot of people care about and study the bitcoin, even first EXPO about cryptocurrency already existed in Berlin, Germany and this is new era of financial system.

Yes I agree and I think so too. The bitcoin is the financial system of the new era, it is not gonna die in fact it is going to grow more. People who think that the bitcoin will die have basically weak analyses of the bitcoin or I will say they analyze the bitcoin with the wrong tools.

This is very important to understand that the bitcoin is not only a currency but it is as a whole a new financial system introduced to the world.

cybersofts

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Quote from: loveyouforever on May 17, 2017, 06:48:46 PM

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

That normally happens from time to time and with that little transaction issue, I don't think that'll eventually killed the entire ecosystem of Bitcoin

Kelvinid

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win lambo...

Quote from: crazycatwoman03 on June 02, 2017, 10:05:31 PM

No, I don’t think that bitcoin will die soon. As a matter of fact, bitcoin is becoming more popular and many are still going to be interested in it. Bitcoin is still rising and to “die soon” might be out of the league and will also be unfortunate for the crypto society and that includes me. Bitcoin have surpassed other crypto currencies and still standing strong just like the other remaining crypto. Dying will be a big loss since bitcoin’s future utilization is promising and will be convenient to perform money transactions online globally.

Very well said.Bitcoin has made its own trademark.It has gained popularity from all over the world and "soon to die issue" is really an exaggeration.IMO bitcoin has already prove to everybody how useful it is especially for us bitcoin users.In fact bitcoin has done things beyond our expectations.

sieemma

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Bitcoin has all the things to keep it strong always but my problem is that everything created by man can never be trusted. We are all using bitcoins at our own risks and as to whether it will die or not depends on how we patronage the use of it. If we all decide that bitcoins transactions are going high that it may one day reach $100 per transaction so we want to move to a low cost crypto coin, then bitcoin will start dying soon. But so far as many people continue to use bitcoins it will continue to exist.

_Legendary_

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I think not, even bitcoin will last at least 20 years away, are now a lot of people care about and study the bitcoin, even first EXPO about cryptocurrency already existed in Berlin, Germany and this is new era of financial system.

jossiel

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Quote from: Russlenat on June 02, 2017, 10:34:45 PM

for me bitcoin will not die becuase it is now fully established and many private company are already using bitcoin in there transactions.

It won't die, those people that are jealous of bitcoin's success are telling that it will die soon. And with the situation of OP, the delay.

It's not the only reason that bitcoin will die, there were so many people that are keep on saying it will die soon.

Do you think that bitcoin died for a couple of times or for several weeks/days/months?

bitcoinisbest

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Quote from: chief999 on June 02, 2017, 11:32:36 PM

Bitcoin will die soon and perhaps very soon,.......ever increasing fees for faster transactions that are actually slower? Huh

Currently $3 USD for transaction fee is just about my breaking point. Soon others will follow. I keep hearing there's a fix on the way but where, or more importantly when is it??? I feel so betrayed by bitcoin. Satoshi Nakamoto must be spinning in his grave or the equivalent if he's still alive.

This is being continuously being there saying from couple of years when it reached first time 1000$ and fall the fall that it will die. We know today where btc stand in the world and its ever increasing demand and price is the perfect example of its existence in the long term as well.

chief999

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Bitcoin will die soon and perhaps very soon,.......ever increasing fees for faster transactions that are actually slower? Huh

Currently $3 USD for transaction fee is just about my breaking point. Soon others will follow. I keep hearing there's a fix on the way but where, or more importantly when is it??? I feel so betrayed by bitcoin. Satoshi Nakamoto must be spinning in his grave or the equivalent if he's still alive.

chickenado

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Quote from: loveyouforever on May 17, 2017, 06:48:46 PM

I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

Pretty normal scene in this current state of bitcoins and bitcoin network,new big exchange in japan and australia are already launch so expect huge amount of transaction being added making network slow plus spam attacks

Russlenat

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for me bitcoin will not die becuase it is now fully established and many private company are already using bitcoin in there transactions.

crazycatwoman03

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No, I don’t think that bitcoin will die soon. As a matter of fact, bitcoin is becoming more popular and many are still going to be interested in it. Bitcoin is still rising and to “die soon” might be out of the league and will also be unfortunate for the crypto society and that includes me. Bitcoin have surpassed other crypto currencies and still standing strong just like the other remaining crypto. Dying will be a big loss since bitcoin’s future utilization is promising and will be convenient to perform money transactions online globally.

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