Topic: Will bitcoin disappear in the future? - page 12. (Read 1520 times)
I hope it doesn't because it will really be a disaster
In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?
In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.
As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.
From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
How could a relevant innovation disappear if it is needed and relevant in our time. I believe bitcoin will continue to prosper and will get even bigger the price will continue to increase because there are only 21k bitcoins ever created so therefore the price will keep on increasing as the demand grows..and bitcoin is a new digital portal for faster safier and cost effecient way of transacting digital world that we live in.In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.
As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.
From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
So unrelevant to tell that bitcoin will be eliminated easily since once and for all some country approve to use bitcoins and there are some countries who gains huge from it since they regulate and gain taxes. but I wonder on where the hell came with that disappearing idea while we all know bitcoins are been much pretty good stands eventhough the downfall are badly occuring and stopping it whenever it reach for its new ATH.
A good rule to follow is never to invest more than what you would be willing to lose.
This is exactly the right advise so that even if bitcoin disappears as the op question goes, you won't have to regret much. Putting everthing into bitcoin won't be a wise decision.
Bitcoin will die when quantum computer will be created!
Do you know how much efforts of quantum computers to be used for decrypting any wallet. I see your judgement is really fucking worst then any newbies. If you do not know about bitcoin and blockchain ledger. First buy some article book and read about it buddy.
I believe you and your son may die before the bitcoin is getting hacked. That is the amount time need to crack the bitcoin wallet with its public address alone. Even hacking happens with the private key information only. If the wallet owner keep the private key secured no one can affect it.
We cannot predict if bitcoin will just disappear in the future or it will still stay as a digital currency. But, since the creation of bitcoin way back nine years ago it is not recognizable or people giving attention to this but as you can see years by years, bitcoin evolves its value and became the dominant crypto currency. Though, the market now are in red line but still bitcoin has a high value than any other crypto currencies. So, probably in the near future bitcoin will still remain if the more and more people utilize it and recognize it by the government.
No one can predict bitcoin in the future, but i believe it will not disappear, instead it will become our international currency in the future. It will become popular to all people and most of all government are legalized bitcoin. Bitcoin will not disappear because Most people still support and using bitcoin, it will last forever and stay remain as our income or investment.
Bitcoin will die when quantum computer will be created!
Nope, there is no chance of being disappear. Because the demand for Bitcoin is increasing day by day. Though within these days lots of new ICO project launched like- SciDex. People love to invest in new ICO project. But they don't forget about the old one. Because they are getting success from the old one too. 
No.. bitcoin is already part of new era's culture, they probably used as the next virtual currency in the upcoming days because of its significant role in transacting payments. We cannot deny the fact that it lessens human work so therefore this will remains until the next and next generation comes:)
Could be bitcoin instead will be the virtual currency of the future is quite good. Some countries may make their own cryptocurrency and under government control of course! You will know what if a thing that makes a profit will certainly be cheated. Something in government control is government freedom. And bitcoin is not like that. Bitcoin is not controlled, but in balance!
No, I think bitcoin will continue to exist and develop in the future. The issues discussed around the G20 continue to show optimism and promise as states are focusing on exploiting the strengths of blockchain technology to apply it to society. Blockchain trends and community-based extensions are creating a revolutionary competition in the crypto market. Bitcoin will definitely remain the focus of attention and popularity is rising fast. Whenever bitcoin fluctuates in a downward trend.
In the future, bitcoin may yet have another destiny. If a sovereign state were to issue its own digital currency based on blockchain technology, the situation would be complicated. Matthew Bishop, senior editor of the economist, said: "the biggest risk for digital money is that the government is likely to act to destroy alternative currencies other than fiat currencies." So should we worry about this?
In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.
As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.
From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
In real life, monetary forms can be changed, but the "rules of the game" are not reversible. In any era, as long as the "rules of the game" are in, even if there is a war, as long as the data is still in, any virtual currency can survive and pass on under this rule.
As a result, many prognosticators say that the current currency will be replaced entirely by digital money in the near future. However, to become an international currency, digital currency needs to meet a necessary condition, which is the stability of monetary value.
From the national level, the digital currency is a long-term process, the user panic, while prove itself in the prototype stage, again shows the importance of relevant laws and regulations and industry since the flooding. Until a key directive is introduced, the digital currency can only be stuck in the 3.0 era.
Yes it is possible if a war exploded or a natural calamity happened and may cause to damaged digital network were transactions of bitcoin depends.
I think not, because at the moment, bitcoin has the largest volume on the market and is considered the main coin for investing in the crypto currency 
I also think the same, bitcoin is always in demand by everyone and its value keeps rising, many fud are scattered so the value goes down but bitcoin keeps coming backToo short to disappear nowadays where a lot of bitcoin correction nowadays, plus the user anywhere it strengthens the current market, for me bitcoin will not disappear too early, a lot of positive news G20 meeting that time makes bitcoin find the bright spot, all parties want controlling bitcoin thoroughly, it makes me sure bitcoin will be good in the future.
did not rule out also to be able to disappear on this earth by destroying internet server systems around the world.
did not rule out also to be able to disappear on this earth by destroying internet server systems around the world.
The way bitcoin spreading among peoples live i highly doubt of bitcoin disappearances in near future and with it's secure transaction system and as a decentralized currency bitcoin isn't dependable to anyone. It's pretty much run on itself which guarantee the bright future of bitcoin without risking it's existing .
lost coins only make the commodity more scarce increasing the value of remaining coins. mining subsidies will end and miners will start depending only on the fee market to get their income. fees will naturally increase but we'll have extra cheap and fast 2nd layer payments way earlier.
another good thing that's derived from that is empty blocks and spam will reduce when block rewards approaches zero.
another good thing that's derived from that is empty blocks and spam will reduce when block rewards approaches zero.
I love the essential premisses of bitcoin and cryptocurrencies. I think they have economical and philosophycal implications that will make a very positive impact in the way people interact in so many ways, and i like to think about those implications.
Then sometimes i get me thinking if it will ever be possible for bitcoin to replace FIAT currency.
Then i think about its limited supply, and i get that limited supply solves the problem of inflation being controlled at will by authoritarian institutions (like the Federal Reserve at the US, of the Banco Central at Brasil), but doenst limited supply generates another quieter, but a lot more dangerous scenario on the long run?
Then sometimes i get me thinking if it will ever be possible for bitcoin to replace FIAT currency.
Then i think about its limited supply, and i get that limited supply solves the problem of inflation being controlled at will by authoritarian institutions (like the Federal Reserve at the US, of the Banco Central at Brasil), but doenst limited supply generates another quieter, but a lot more dangerous scenario on the long run?
We cannot predict if bitcoin will just disappear in the future or it will still stay as a digital currency. But, since the creation of bitcoin way back nine years ago it is not recognizable or people giving attention to this but as you can see years by years, bitcoin evolves its value and became the dominant crypto currency. Though, the market now are in red line but still bitcoin has a high value than any other crypto currencies. So, probably in the near future bitcoin will still remain if the more and more people utilize it and recognize it by the government.
No one can predict bitcoin in the future, but i believe it will not disappear, instead it will become our international currency in the future. It will become popular to all people and most of all government are legalized bitcoin. Bitcoin will not disappear because Most people still support and using bitcoin, it will last forever and stay remain as our income or investment.
Majority win, its my own view too. Bitcoin will never be gone in the future. Its official become part of our life since we use it in different ways or from different transaction.
Just like now, the bitcoin still survive after 5+ year of its existent, so no wonder it will continue till the last breath of each of us. Lessen the effort of every transaction and real money online.
Just like now, the bitcoin still survive after 5+ year of its existent, so no wonder it will continue till the last breath of each of us. Lessen the effort of every transaction and real money online.
I dont think that bitcoin will can dissappear in the future. Because itsalready a to big industry behind bitcoin and blockchain. And the demand for bitcoin is still to high. SO even when the gouverments trying to destroy bitcoin or cryptocurrencies, they will be not successfull. Bitcoin has a to strong community, and it will never give up. So dont beleive your trust in bitcoin and cryptocurrencies. SO hold your coins, and you can sell it in some years for a lot of money!
I believed that Bitcoin will only be disappear if all buyers or users of bitcoin will stop buying it in the entire world. But that is impossible to be happen unless the Armageddon comes in to our planet.
May not because bitcoin is usable almost all the world although many governments didn’t allow bitcoin in their countries but still many people are investing and using bitcoin for their international transaction. So I think that is not possible that it will disappear in the future. Lots of people have invested in bitcoin.
I do not think that Bitcoin will disappear in the future? I still could not see any signs of being invisible. Up until now, Bitcoin is the most popular currency compared to all online currencies. And for a few days, it has reduced prices but now again the price increases. So because it is the most popular for people in the online world, I think Bitcoin will not disappear in the future.
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