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Topic: Will bitcoin disappear in the future? - page 14. (Read 1520 times)

full member
Activity: 392
Merit: 100
April 13, 2018, 02:07:27 AM
#91
I think everything really depends on the flow of life from the global economic side of each country, the response on it will be directed to the build's thing or would to be so neglected as to be forgotten. But in my personal opinion, because it's something that can be said to be related to the future, I think it will be supported until it can be accepted and will remain as an alternative currency, it seems more and more countries will try to adopt it as well as possible and continue to understand point of risk and other things related to its characteristics.
newbie
Activity: 167
Merit: 0
April 13, 2018, 01:47:05 AM
#90
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  Wink
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 back
full member
Activity: 244
Merit: 100
April 13, 2018, 01:15:58 AM
#89
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  Wink
full member
Activity: 294
Merit: 101
April 12, 2018, 10:36:00 PM
#88
No one really knows, maybe it will disappear in the future or maybe it will not.
But now i dont think that bitcoin will disappear because it is only starting to become popular and bitcoin also proven it self of being more profitable than other crypto. Rightnow lets just enjoy the existence of bitcoin and earn more profit.
full member
Activity: 476
Merit: 100
April 12, 2018, 04:04:14 PM
#87
Possibilities are there for that to happen because the value of the bitcoin is based on demand and supply so if the people stop using bitcoin then the price will starts to decrease.But the chances of happening this is low because bitcoin already got good support from the world people.
I cannot accept the possibilities you have mentioned. Because in this world, each and everything comes with its own risks hence bitcoin is not an exception. Compared to any other existing system, I believe bitcoin must have less possibilities to get disappeared.

Demand for bitcoins and adoption of bitcoins to a large extent are the things that I see happening. So far, we are still very low on  adoption, and there is nothing really that could fuel it, but as we keep growing and heading gradually to the mainstream with regulations, I see a lot of adoption taking place and I presume it to be a massive one. People may be looking at the present picture now, but for some of us, the picture in the future is far bigger.
Yes for sure no only less but there is zero possibility for the bitcoin to be disappear, as for me  bitcoin acceptances is the long journey which will never end.  Now we are living in the modern and the digital age where the digital currency means and matters a lot, crypto currency price never reaming same for sure it use to decrease but it use to continue and will recover very soon, so yet for almost 20 year there is not such possibility for the bitcoin to be disappear.
newbie
Activity: 43
Merit: 0
April 12, 2018, 02:46:15 AM
#86
I think bitcoin will not be replaced, because the name that has become a pioneer is a bitcoin community. This is to remove bitcoin images though not the first. But bitcoin makes the cryto market the way it is today. So bitcoin is not easy and must go through a variety of problems and it will be a strong fudamental because it has been tested and continues to encourage various parties to overcome this positively and may encourage to apply it in the global financial system that needs to be updated in the future.
sr. member
Activity: 572
Merit: 250
April 12, 2018, 12:00:47 AM
#85
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.
If that’s going to happen it won’t be around when there is still. Demand for it. Yes there is likely to be a time when it might end, but this might be around the time when all the Bitcoins have been mined. But right now it is very impossible for such to happen, cause there are still a lot of people demanding for. It and it hasn’t even been mined yet.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
April 11, 2018, 03:18:12 PM
#84
Bitcoin will just float in the digital world forever..no matter how many new crypto projects coming up that has more or greater technology than bitcoin,for me it would never disappear.bitcoin would be like a ANTIQUE artifacts of the digital currency world.people may not care about it but it will never be forgotten..

Bitcoin isn't antique and there aren't any other crypto currencies with better underlying technology. The thing that people fail to understand is that the mass isn't using all the fancy features other crypto currencies offer. People just want to transact with the outside world, and that as quick as possible, and as cheap as possible. In other words, the technology isn't really a big deal in this case. The only thing that matters is that Bitcoin is by far the most secure and powerful network, has the best developers working on it, the largest and wealthiest ecosystem, etc. On top of that, you can test lightning network for yourself to see how fast and cheap it is to transact off-chain. It is a perfect adoption stimulator.
One day when last bitcoin miner die bitcoin will see its end, will it happen in 50 years? 100 years? When I think about it I realize that technology is advancing with great speed and maybe we don`t expect some things, but they will happen anyway, whether we like it or not. Bitcoin needs miners and as long as miners exist, bitcoin will be with us, its clear as a sunny day!
Analyst Saxo Bank Kay van Petersen believes that in the next ten years, each bitcoin unit will cost $ 100,000. It was van Petersen who correctly predicted the achievement of a crypto-currency mark in 2000 dollars in 2017. In May, discussing the long-term future of the currency, he said that "the crypto-currencies will not disappear anywhere."
Others who justified the future price for bitcoin were Vinces Casares, CEO of the crypto-money purse Xapo and a member of the board of directors of PayPal. At the conference Consensus 2017, held in May in New York, he predicted that the cost of bitcoin would reach $ 1 million in 10 years.
These are just a few of the most varied examples of the direction of the cost of bitcoin in the next decade. Given the pace of its growth, anything is possible. The fact that the digital currency is widely used around the world as a trading asset or a means of payment proves its usability and growing predominance. For those wishing to advance in the financial world, bitcoin is a suitable solution. It is also a solution for those who live in countries with weak economies. It will continue to grow while the demand for it continues. And with the growth in its value, the same will be the forecasts for the future price.
In 10 years I expect this market to be near or at full potential! I believe in bitcoin, but with this kind of topics we need to be imaginative, when we start a question `what if...` many things can fall our minds. Cryptocurrencies are here to stay, but which ones? And what if some new technology outshine blockchain? Is that possible? It is, to repeat myself again technology is advancing, now we have blockchain, but `what if..` in near future we see some circle-chain!? With better performances, higher speed, adjusted for new and more advanced equipment? You think its impossible? Think again my friends.
legendary
Activity: 1232
Merit: 1091
April 11, 2018, 01:49:16 PM
#83
Bitcoin will just float in the digital world forever..no matter how many new crypto projects coming up that has more or greater technology than bitcoin,for me it would never disappear.bitcoin would be like a ANTIQUE artifacts of the digital currency world.people may not care about it but it will never be forgotten..

Bitcoin isn't antique and there aren't any other crypto currencies with better underlying technology. The thing that people fail to understand is that the mass isn't using all the fancy features other crypto currencies offer. People just want to transact with the outside world, and that as quick as possible, and as cheap as possible. In other words, the technology isn't really a big deal in this case. The only thing that matters is that Bitcoin is by far the most secure and powerful network, has the best developers working on it, the largest and wealthiest ecosystem, etc. On top of that, you can test lightning network for yourself to see how fast and cheap it is to transact off-chain. It is a perfect adoption stimulator.
newbie
Activity: 70
Merit: 0
April 11, 2018, 01:32:29 PM
#82
Analyst Saxo Bank Kay van Petersen believes that in the next ten years, each bitcoin unit will cost $ 100,000. It was van Petersen who correctly predicted the achievement of a crypto-currency mark in 2000 dollars in 2017. In May, discussing the long-term future of the currency, he said that "the crypto-currencies will not disappear anywhere."
Others who justified the future price for bitcoin were Vinces Casares, CEO of the crypto-money purse Xapo and a member of the board of directors of PayPal. At the conference Consensus 2017, held in May in New York, he predicted that the cost of bitcoin would reach $ 1 million in 10 years.
These are just a few of the most varied examples of the direction of the cost of bitcoin in the next decade. Given the pace of its growth, anything is possible. The fact that the digital currency is widely used around the world as a trading asset or a means of payment proves its usability and growing predominance. For those wishing to advance in the financial world, bitcoin is a suitable solution. It is also a solution for those who live in countries with weak economies. It will continue to grow while the demand for it continues. And with the growth in its value, the same will be the forecasts for the future price.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
April 10, 2018, 06:22:49 PM
#81
Bitcoin will just float in the digital world forever
Yes, it is here to stay now and there' nothing that can stop bitcoin. Many tried to remove bitcoin and even made a lot of false information on how useful and profitable it is.
if the people stop using bitcoin then the price will starts to decrease.
I doubt it that people will stop using bitcoin.
jr. member
Activity: 252
Merit: 8
April 10, 2018, 04:13:14 PM
#80
Bitcoin will just float in the digital world forever..no matter how many new crypto projects coming up that has more or greater technology than bitcoin,for me it would never disappear.bitcoin would be like a ANTIQUE artifacts of the digital currency world.people may not care about it but it will never be forgotten..
full member
Activity: 910
Merit: 100
April 10, 2018, 02:01:25 PM
#79
I think that in the future bitcoin will not disappear anywhere since it's the first of all cryptocurrencies. And what we see now - no matter how many different coins appear, bitcoin as the elder of all of them and at the same time feels well, his price is quite stable. Unlike other coins which for a day can lose half of its value. So I believe in bitcoin and I'm sure that it will not disappear even in a few dozen years.
hero member
Activity: 882
Merit: 517
cloverdex.io
April 10, 2018, 12:56:22 PM
#78
What do you expect out of bitcoin disappearance dude? Do you expect this should happen? What really made you create such threads? You are into crypto and pumps and dumps are common. As crypto is seen as a competitor of fiats, banks and authorities depended on fiats are being against cryto currencies. On a race many obstacles would be seen. Just look at bitcoin and its teams' journey though out it journey from the beginning. It has been so strong. It can handle pressures. No chance for its disappearance dude.
legendary
Activity: 1652
Merit: 1057
April 10, 2018, 10:56:10 AM
#77
Possibilities are there for that to happen because the value of the bitcoin is based on demand and supply so if the people stop using bitcoin then the price will starts to decrease.But the chances of happening this is low because bitcoin already got good support from the world people.
I cannot accept the possibilities you have mentioned. Because in this world, each and everything comes with its own risks hence bitcoin is not an exception. Compared to any other existing system, I believe bitcoin must have less possibilities to get disappeared.

Demand for bitcoins and adoption of bitcoins to a large extent are the things that I see happening. So far, we are still very low on  adoption, and there is nothing really that could fuel it, but as we keep growing and heading gradually to the mainstream with regulations, I see a lot of adoption taking place and I presume it to be a massive one. People may be looking at the present picture now, but for some of us, the picture in the future is far bigger.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
April 10, 2018, 07:58:55 AM
#76
Possibilities are there for that to happen because the value of the bitcoin is based on demand and supply so if the people stop using bitcoin then the price will starts to decrease.But the chances of happening this is low because bitcoin already got good support from the world people.
legendary
Activity: 1652
Merit: 1057
April 10, 2018, 03:17:34 AM
#75
Altucher calls bitcoin and a number of other digital currencies sometime will replace the position of paper money as a medium of exchange. The reason, this currency can fix problems that exist in paper currency, and indeed in history, the same thing always happens in the new currency that replaces the old currency. but different according to According to some professors of economics at Harvard, Bitcoin will eventually collapse through incriminating government regulations. yeah, we can only predict and stay alert because anything can happen.
Even without bitcoin or cryptocurrency, paper money has already been replaced by the cashless society in some places with high level of infrastructure. However, I believe the blockchain technology is really going to pave way for a lot of development as we move on, while bitcoin may end up serving more as an asset and a currency due to its decentralized nature, while the activities get regulated by the government, and even if no one can predict the future, I do not see bitcoin going anywhere.

at least one country its currency dead. this will make adopters bitcoin increased very large that will lead to increase the value of bitcoin be more than US $ 50k when it to be
I guess you mean if a country's money value goes to zero then bitcoin value will increase, right ? Yes, even just a economic crisis also will trigger bitcoin prices to some peak levels. By this you mean, bitcoin will never disappear ? Then I must agree with you.
newbie
Activity: 224
Merit: 0
April 10, 2018, 12:58:59 AM
#74
From the high attention paid to bitcoin, it can be seen that the future currency must be a change from the bottom up, not a top-down design.

The dollar, the euro, the renminbi, or the international monetary fund's Special Drawing Rights, are unlikely to be the currency of the future.

Maybe bitcoin will be the currency of the future.
newbie
Activity: 124
Merit: 0
April 09, 2018, 10:02:18 PM
#73
at least one country its currency dead. this will make adopters bitcoin increased very large that will lead to increase the value of bitcoin be more than US $ 50k when it to be
jr. member
Activity: 210
Merit: 1
April 09, 2018, 05:45:06 PM
#72
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.

That is a very complex question. On the one hand, direct calculations about market cap do not take lost coins into consideration. But base on analytics, in the future, more bitcoins will be lost. But the rate at which they disappear will be much lower than in the past since, now that they’re so valuable, people will be more vigilant about keeping track of them.
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