Will Bitcoin die soon? - page 41. | Bitcointalksearch.org

FiiNALiZE

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Quote from: Zemangat on June 02, 2017, 08:49:24 PM

I do not think it's possible that bitcoin is dead. Because I think bitcoin is a benchmark of all coin coins that exist. I almost see in all the wallet balance coins were measured with bitcoin prices. So it is not possible this bitcoin to die. Moreover, many enthusiasts from this coin almost all traders, mining and all the faucet, using bitcoin. Impossible bitcoin to die

Yeah, the source code of Bitcoin kind of began the digital currency revolution that is going on right now. I would not be that surprised if there was another currency that gets up to #1 on CoinMarketCap though that currency would not have a higher reputation that Bitcoin has.

I like to make money with Bitcoin rather than trying to use a different digital currency because it’s much easier to manage than the other ones that are out there in world today.

The_prodigy

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Quote from: s0beit on June 02, 2017, 07:25:34 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 never be die. Because it has a lot of investors and supporters. It may having some issues or problem but it will overcome by bitcoin very easily. I think that its issues right now will be resolve as time passes by. Bitcoin has a strong ranking in the market. Someday all problems will be resolve because many people supports it.

Distinctin

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Quote from: AztecGoldHero on June 02, 2017, 08:01:48 PM

bitcoin cant die. there is nearly 100 bıllıon dolars ın ıt and ıts growıng everyday. hey dont allow ıt to dıe. offcourse prıze speculatıon wıll be but communıty wıll grow everyday and bıtcoın and all altcoıns wıll be hıgher. and goverments must see thıs and wıll see thıs sıtuatıon. when the tıme pass bıtcoın and some of the alt coıns wıll be more stabe about prıze.

We can't be sure with that mate, I reserve some doubts for the future but I have to ensure I will not risk all my money with bitcoin.
Actually I have most of money in bitoin because I believe it will be big in the future and together I will also grow.

vohoanghiep55

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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.

Bitcoin transactions are getting slower but that does not mean bitcoin will die. I see that Bitcoin is developing so strongly that for that reason it will disappear. Engineers will try to fix that problem soon so do not worry

Zemangat

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I do not think it's possible that bitcoin is dead. Because I think bitcoin is a benchmark of all coin coins that exist. I almost see in all the wallet balance coins were measured with bitcoin prices. So it is not possible this bitcoin to die. Moreover, many enthusiasts from this coin almost all traders, mining and all the faucet, using bitcoin. Impossible bitcoin to die

KennyR

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Quote from: Inkdatar on June 02, 2017, 07:00:09 PM

This is really the problem of blockchain too long to confirm the transactions. I hope they will fixed this as many users are complaining. Mine took 1week to confirm the transactions. I hope they will solved this issues. Needs improvement of bitcoin transactions.

When the usage increases the complications too will increase along side. What makes it good is the support from the development end. Everytime similar situation happens due to increased transaction by the time of price increase. Other times confirmation won't be a big issue. Users need to spend the fee structured by the wallet service, so that can get faster confirmation.

Betamog

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I don't think he will Die now Probably After Many Years But Now he will Keep Increasing Atleast For 2 Years Wink

Vohoanghiep

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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.

You seem to be explaining some of the causes that led to Bitcoin's death. But that will not happen because of the reason you give. With Bitcoin's development history, the reason for that is a bit contradictory. Agreed that bitcoin deals are so long, but engineers are fixing that, there is nothing in this world that is perfect so I think you can handle it. You have to be thankful that from Bitcoin you have made a lot of money to change your life now

AztecGoldHero

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bitcoin cant die. there is nearly 100 bıllıon dolars ın ıt and ıts growıng everyday. hey dont allow ıt to dıe. offcourse prıze speculatıon wıll be but communıty wıll grow everyday and bıtcoın and all altcoıns wıll be hıgher. and goverments must see thıs and wıll see thıs sıtuatıon. when the tıme pass bıtcoın and some of the alt coıns wıll be more stabe about prıze.

s0beit

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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.

Inkdatar

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This is really the problem of blockchain too long to confirm the transactions. I hope they will fixed this as many users are complaining. Mine took 1week to confirm the transactions. I hope they will solved this issues. Needs improvement of bitcoin transactions.

lemonade09

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I understand that the bitcoin transaction is getting slower as time goes by because of the increasing number of the bitcoin users in all over the globe but i guess bitcoin is going to die is not gonna happened in today because it is already so far and have enough reasons and feautures to stay and become a big currency.

BADecker

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Quote from: HatakeKakashi on June 02, 2017, 06:03:10 PM

Quote from: Napole0n on June 02, 2017, 04:26:41 AM

I think not, it is because the user bitcoin continues to increase and is now marketcap with currently price is more than $40 m, bitcoin will die soon if the user leave and price go to floor.

Thats right bitcoin as of now the price is very bright and and after many years they will become more brighter. The price of bitcoin continue to increase in the last few months and I believe it will increase more. Many people now are investing in bitcoin so the price is continue increasing. But no one can predict the exact date when bitcoin die or when bitcoin dump. For transaction its normal because like me I also delay confimation and for sure most of the bitcoin user experienced that.

In fact, if more of the fiat financial bubbles crash, Bitcoin just might go to $100,000 by the end of this year 2017.

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HatakeKakashi

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Quote from: Napole0n on June 02, 2017, 04:26:41 AM

I think not, it is because the user bitcoin continues to increase and is now marketcap with currently price is more than $40 m, bitcoin will die soon if the user leave and price go to floor.

Thats right bitcoin as of now the price is very bright and and after many years they will become more brighter. The price of bitcoin continue to increase in the last few months and I believe it will increase more. Many people now are investing in bitcoin so the price is continue increasing. But no one can predict the exact date when bitcoin die or when bitcoin dump. For transaction its normal because like me I also delay confimation and for sure most of the bitcoin user experienced that.

hawkins

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I think soon is not the right word. We do not know when bitcoin will disappear, or it is not used, but for now, there has been no sign for it, it can even be said the existence of bitcoin has strengthened more than ever, and far exceeds other altcoins.

0bit

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The speed problem is gonna persist for a while. The reason is because it's incredibly difficult to get people to buy a miner, especially given how much they cost and how hard they are to run in a home (power, noise). Until more people start mining and increase the speed of the network, you can expect that transactions are gonna take a long time.

BADecker

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Projecting The Price Of Bitcoin

Quote from: http://www.zerohedge.com/news/2017-06-02/projecting-price-bitcoin

The wild card in cryptocurrencies is the role of Big Institutional Money.

I've taken the liberty of preparing a projection of bitcoin's price action going forward:

You see the primary dynamic is continued skepticism from the mainstream, which owns essentially no cryptocurrency and conventionally views bitcoin and its peers as fads, scams and bubbles that will soon pop as price crashes back to near-zero.

Skepticism is always a wise default position to start one's inquiry, but if no knowledge is being acquired, skepticism quickly morphs into stubborn ignorance.

Bitcoin et al. are not the equivalent of Beanie Babies. Cryptocurrencies have utility value. They facilitate international payments for goods and services.

The primary cryptocurrencies are not a scam. Advertising a flawless Beanie Baby and shipping a defective Beanie Baby is a scam. Advertising a mortgage-backed security as low-risk and delivering a guaranteed-to-default stew of toxic mortgages is a scam.

The primary cryptocurrencies (bitcoin, Ethereum and Dash) have transparent rules for emitting currency. The core characteristic of a scam is the asymmetry between what the seller knows (the product is garbage) and what the buyer knows (garsh, this mortgage-backed security is low-risk--look at the rating).

Both buyers and sellers of primary cryptocurrencies are in a WYSIWYG market: what you see is what you get. While a Beanie Baby scam might use cryptocurrencies as a means of exchange, this doesn't make primary cryptocurrencies a scam, any more than using dollars to transact a scam makes the dollar itself a scam.

Bubbles occur when everyone and their sister is trading/buying into a "hot" market. Bubbles pop when the pool of greater fools willing and able to pay nose-bleed valuations runs dry. In other words, when everyone with the desire and means to buy in and has already bought in, there's nobody left to buy in at a higher price (except for central banks, of course).

At that point, normal selling quickly pushes prices off the cliff as there is no longer a bid from buyers, only frantic sellers trying to cash in their winnings at the gambling hall.

While a few of my global correspondents own/use the primary cryptocurrencies, and a few speculate in the pool of hundreds of lesser cryptocurrencies, I know of only one friend/ relative /colleague / neighbor who owns cryptocurrency.

Read more at http://www.zerohedge.com/news/2017-06-02/projecting-price-bitcoin.

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(o)(o)ilikeboobs(o)(o)

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Quote from: Gens09 on June 02, 2017, 05:36:32 PM

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.

With the increasing number of bitcoin user all over the globe so many transaction done in every second and every minute so the blockchain cannot handle the so many transaction so its take a lot of time to confirmed in the blockchain but I don't think bitcoin will die just because of this reason.

It wont die but it will become more like users will start to store for long term and stop using bitcoins so this will only make the price to stable and their wont be much movement if this going to happen for long time.

Gens09

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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.

With the increasing number of bitcoin user all over the globe so many transaction done in every second and every minute so the blockchain cannot handle the so many transaction so its take a lot of time to confirmed in the blockchain but I don't think bitcoin will die just because of this reason.

takingthis4

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Quote from: zedsacs on June 02, 2017, 04:16:15 AM

Maybe it's just too many person are transacting so that there are so many delays. Just like in the roads, if the traffic is heavy, all of us couldn't go to the places that we want to go.

basically that's kinda what's happening right now, tons of transactions don't fit in the blocks that are being mined by the miners right now. That's why we need to make the block size either bigger or just implement segwit and be able to transact bitcoins without the need of the miners. I think that would be the best idea to do thus everyone needs to run a node signaling for uasf, in this way the power of bitcoin will remain for the people.

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