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Topic: Will Bitcoin die soon? - page 48. (Read 43396 times)

newbie
Activity: 96
Merit: 0
May 18, 2017, 04:18:46 AM
#28
 I don't think it will die anytime soon, adding the to the fact that it's the oldest cryptocurrency, so I just assume that it's going to live longer than we all expected
hero member
Activity: 2590
Merit: 644
May 18, 2017, 04:14:46 AM
#27
I don't think that bitocin will die soon because it is now pumping and the price is very close to 2000 USD mark and i think there is nothing that can stop bitcoin and it will continue to rise until almost all the stores and people use and prefer bitcoin rather than the fiat because of its features. Bitcoin will only die if there will be no user of bitcoin.
sr. member
Activity: 868
Merit: 289
May 18, 2017, 03:37:34 AM
#26
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
I think bitcoin will die only if the technology will be destroy, or if end of the world comes over to us.
But as long as the internet and technology exist there's no reason for bitcoin to die, instead it will go higher and higher
because people for sure will increase the demand of the usage and features of bitcoin.
hero member
Activity: 2646
Merit: 686
May 18, 2017, 03:09:15 AM
#25
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

No sir Bitcoin won't die any time soon, while I do understand your concerns that the coins you send were not confirmed and despite paying the required fees I hope, cause sometimes the fees are to paid are higher than what we send. I think you should just keep calm and wait, it's a problem and it's shall be addressed soon I hope, many are facing this problem and I am sure a solution should be coming to change this. Bitcoin is stronger than ever, so do not leave it, just a matter of time. I am positive on that.
member
Activity: 82
Merit: 10
May 18, 2017, 02:26:55 AM
#24
I think it will continue for a long time because of the support and large amount of money put into it.

Bitcoin lightning network, RSK for bitcoin smart contracts and a lot of initiatives can greatly improve the infrastructure.

On top of the technologies, ETF initiatives, regulatory acceptance of the currency etc. are also boosting its use and credibility.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
May 18, 2017, 01:20:59 AM
#23
Yeah the transaction keeps getting worst,
Really hope that it will get faster soon.

The transaction is only the problem of bitcoin right now. But when it be solved as soon as possible i think it will not happen. Im hoping also for that cause it will have a big impact for the bitcoin users if it happen.
legendary
Activity: 954
Merit: 1000
May 18, 2017, 01:16:32 AM
#22
The issues of unconfirmed transactions and fees have been disscused so many times on so many threads here. If your transactions are unconfirmed try to speed it up through viabtc.com and for the future choose wallet where you can control the fees.
But this is not the reason the Bitcoin will die, this issue can be solved.

Again, I am not saying it will die because of it. I was just saying that a common man like me who uses bitcoin, does not read forums and threads to be upto date with such services. It definitely hinders adoption specially if you are accepting bitcoin for direct purchases.
full member
Activity: 784
Merit: 112
May 18, 2017, 01:09:46 AM
#21
 In my opinion No because bitcoin is growing and it could rise within a month or years,
bitcoin will not die maybe the price will drop but it will not disappear
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
May 18, 2017, 12:56:06 AM
#20
The issues of unconfirmed transactions and fees have been disscused so many times on so many threads here. If your transactions are unconfirmed try to speed it up through viabtc.com and for the future choose wallet where you can control the fees.
But this is not the reason the Bitcoin will die, this issue can be solved.
sr. member
Activity: 630
Merit: 250
May 18, 2017, 12:54:36 AM
#19
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

We are all waiting, and unfortunately I have to adapt to this. I made a transaction three days ago, but it has not been confirmed yet. But bitcoin will not die.
hero member
Activity: 770
Merit: 500
Bazinga!
May 18, 2017, 12:51:14 AM
#18
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

this surely sucks, and nobody apart from miners are happy about it. but there is no reason for your title! bitcoin won't die just because for the time being there is a big backlog which is causing the fees to rise up a lot.

What you are saying is correct minners are the main reason for this problem as they are taking only high paying transaction as they are getting more profit

i didn't say miners are the problem i said miners are happy about the situation because they are getting paid more, a lot more.

although indirectly they are responsible for the current situation since they are the ones who are rejecting the solutions for scaling and preventing us from any kind of advancement.
legendary
Activity: 954
Merit: 1000
May 18, 2017, 12:49:13 AM
#17
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

Won't die but this is definitely an inconvenience. Had 2 transactions yesterday which confirmed after 9-10 hours. Even had a fee of 0.002 BTC for a transaction of around 0.4 btc, and still took too much time. I don't send a lot of money but cases like these happen in a short sample size for me. Not sure if this happen with other people too.
legendary
Activity: 1302
Merit: 1027
May 18, 2017, 12:46:52 AM
#16
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

this surely sucks, and nobody apart from miners are happy about it. but there is no reason for your title! bitcoin won't die just because for the time being there is a big backlog which is causing the fees to rise up a lot.

What you are saying is correct minners are the main reason for this problem as they are taking only high paying transaction as they are getting more profit
hero member
Activity: 602
Merit: 500
May 18, 2017, 12:44:04 AM
#15
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

Blockchain slowness is a problem but that does not mean BTC will die. It will soon be solved by the developers. Even if blockchain sucks, see the price of bicoins.  People willing to buy bitcoins at any cost due to its potential benefits.
legendary
Activity: 1120
Merit: 1000
May 18, 2017, 12:37:39 AM
#14
I thought you were trying to explained the reason why bitcoin will be die? Since there are tons of bitcoin die related sites. Well you are not the only person in this world who complained about this issue you've just passed one day there are some transaction which got stucked untill one week. I personally think that bitcoin transaction is very slow that's why i would not spend my bitcoins. It's clearly that it is not suited for small transaction, If bitcoin only as a payment system no doubt it will be die soon, but it is a great investment that's why it still exists.
hero member
Activity: 770
Merit: 500
Bazinga!
May 18, 2017, 12:26:07 AM
#13
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.

this surely sucks, and nobody apart from miners are happy about it. but there is no reason for your title! bitcoin won't die just because for the time being there is a big backlog which is causing the fees to rise up a lot.
sr. member
Activity: 518
Merit: 250
May 18, 2017, 12:25:30 AM
#12
I have sent BTC yesterday but one day passed it is not confirmed, I have raised mining fee, this sucks.
Yes this is a recurring problem, the bigger the transaction so that it becomes slow, I worry if the user continues to increase and the bigger the bitcoin transactions but could fail.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
May 18, 2017, 12:21:53 AM
#11
We will not see any improvement until these mining giants has made up their mind. They are enjoying these high fees, because they are making a ton of extra money from this current stalemate situation. The developers are following the consensus rules, so we cannot blame them.

Will Bitcoin Die? Most definitely not, but some people might move over to some GovCoins like ETH and Ripple and that is what some people wanted from the start.
hero member
Activity: 3052
Merit: 651
May 18, 2017, 12:16:46 AM
#10
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.
hero member
Activity: 2940
Merit: 613
Winding down.
May 18, 2017, 12:11:36 AM
#9
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.
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