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Topic: Will bitcoin disappear in the future? - page 16. (Read 1520 times)

hero member
Activity: 3080
Merit: 603
April 06, 2018, 04:20:09 AM
#51
lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.
The governments from different countries now are aware about bitcoin and I doubt it that they will remove it. They know now the pros and cons of it so some are free to stop and remove it from their country and prohibit the usage of it. We are comparing bitcoin to gold as the modern digital gold and gold has been existing until today and the same can happen to bitcoin and will remain.
full member
Activity: 644
Merit: 107
April 06, 2018, 03:42:18 AM
#50
lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.


Bitcoin is design to be mined for more than a century, by then all the reward will come from the transaction made in bitcoin blockchain. I guess Bitcoin is designed to last but whether it will stay or not still depends on the demands and adoption of people.  It is really hard to tell what will happen in the future because no one knows.

there are some of the most powerful reasons, which make bitcoin disappear.
first, the death of internet network around the world.
second, people stop mining bitcoin.
thirdly, if both of these things happen there will likely be no such forum anymore.

as I said, missing or not its bitcoin in the future it depends now and it's just a matter of time to answer it all.
hero member
Activity: 2646
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April 06, 2018, 03:18:31 AM
#49
I think it will not disappear bitcoin in the future.
We don't hold the future but we all have the same believe that bitcoin isn't going to be gone so easy.
because bitcoin is money for the future and a lot of benefits from bitcoin that can be used for our convenience. and I think in the future bitcoin will be very influential for the world
Bitcoin's the future and we all knew about it but technology is changing. There might be some new type of currency that will come but bitcoin is here to stay and when that moment comes then we can still get along with bitcoin but it's going to be an investment.
legendary
Activity: 3052
Merit: 1281
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April 06, 2018, 03:11:33 AM
#48
lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.


Bitcoin is design to be mined for more than a century, by then all the reward will come from the transaction made in bitcoin blockchain. I guess Bitcoin is designed to last but whether it will stay or not still depends on the demands and adoption of people.  It is really hard to tell what will happen in the future because no one knows.
full member
Activity: 644
Merit: 107
April 06, 2018, 03:04:07 AM
#47
lost or not its bitcoin in the future no one knows. not necessarily also with the existence of a new currency in the government will remove bitcoin. in my opinion bitcoin will remain in the future, even though the government issues a new currency. most of it will be bitcoin rivals.
member
Activity: 672
Merit: 14
April 05, 2018, 05:39:53 PM
#46
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.
There is no point in panicking. Cryptocurrency and Bitcoin is about to meet a new revolution where countries and institutions such as schools, hospitals, banks etc in our societies will create their own cryptocurrencies. As it stands now, almost all the G20 countries accepts bitcoin with the exception of China which still holds it as illegal. With time, Bitcoin will hit a global patronage.
full member
Activity: 518
Merit: 101
April 05, 2018, 05:13:44 PM
#45
I think it will not disappear bitcoin in the future. because bitcoin is money for the future and a lot of benefits from bitcoin that can be used for our convenience. and I think in the future bitcoin will be very influential for the world
Nothing can last forever with time and bitcoin is the same but I am sure that future bitcoins can become the global currency of the world. If the bitcoin disappears, there will be other altcoins in place of it to maintain a stronger cryptocurrency market.
jr. member
Activity: 140
Merit: 3
April 05, 2018, 02:21:09 PM
#44
A good rule to follow is never to invest more than what you would be willing to lose.

I know that the Financiers, who predict fast inflation of cue bottles, emphasize the too high volatility of the product Huh. The price jumps by an average of 10%, and one day it can fall sharply down. In addition, some countries are afraid of the outflow of state capital, so they infringe and prohibit the exchange of trade in crypto currency.
hero member
Activity: 1820
Merit: 515
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April 05, 2018, 01:10:35 PM
#43
First of all regulations from the governments can't stop us from using the bitcoin since it is an decentralized technology.And introduction of crypto currencies for each and every country is also a stupid thing because we already have thousand of altcoins so we no need more crypto currencies.
member
Activity: 189
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April 04, 2018, 07:56:22 AM
#42
hello friend, it's not as easy as saying that bitcoin will disappear in the future I think bitcoin has shown its greatness as a virtual currency that can make improvements by itself. I know with the current market situation will be many people who think pessimistic on bitcoin so they assume bitcoin will disappear. I think the bitcoin will not disappear because this is just the starting stage for bitcoin growth.
Yep, I definitely agree with your answer. As far as we know that bitcoin or cryptocurrency is created by computer technology, to speak frankly this technology plays an important role in our life,maybe we can’t live without it nowerday. Moreover, this advanced technology is still developing, that makes cryptocurrency be in the future. The number of people who is using bitcoin keep growing through its reputation. In addition, in some countries you can pay for something by bitcoin as you use fiat for paying. In short, it’s hard to predict whether bitcoin will disappear, but right now bitcoin still keeps growing well.
legendary
Activity: 1176
Merit: 1024
April 04, 2018, 02:22:03 AM
#41
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?
If another state issues its own cryptocurrency it wouldn’t have anything to do with Bitcoin and won’t make Bitcoin to end or continue to stay (it won’t have any effect at all). But from what I’m seeing, even if Bitcoin doesn’t stay forever, it will at least stay for many years. I know the government is kicking against (not all governments) but that’s not going to be the reason for it to stop being available.

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.
Yes, anything may happen but by looking into the possibilities by considering the potentials of bitcoins, it would be very rare for the collapse of bitcoins due to government's regulations as bitcoin is basically out of reach of any government as bitcoin being an asset, it is a basic human right.
full member
Activity: 322
Merit: 100
April 03, 2018, 11:08:37 PM
#40
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.
full member
Activity: 434
Merit: 100
April 03, 2018, 10:22:03 AM
#39
Well what I know is that we can't predict the future though many have already taken a wild guess. Whether bitcoin will survive the future or not is the answer is can't give currently but what I know is that the technology behind it which is blockchain will keep evolving. Bitcoin is just a currency on top of blockchain but the technology use us what marvels me. Based on the current hype surrounding it, I think blockchain will evolve and keep evolving in the future. Government will try but won't succeed.
newbie
Activity: 49
Merit: 0
April 03, 2018, 09:21:20 AM
#38
We know that high demand and low supply means soaring prices. Because the supply is fixed to 21 million BTC, block reward (currently at 12.5 BTC per 10 minutes) will eventually disappear and miners will lose their biggest source of income.
All money currencies will disappear in the future, including Bitcoin. This is because the system of money is a flawed and tired system. Human kind is simply waiting to be taken them out of the dark ages where so-called civilisations use money and a trade-based system.
member
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April 03, 2018, 08:35:59 AM
#37
Not because bitcoin is currently experiencing a very high decline is not a reason for bitcoin to be lost, indeed I realize the current decline allows a very slow increase, but I'm sure bitcoin will last a long time now, many people assume that with the tragedy that happens today.
newbie
Activity: 317
Merit: 0
April 03, 2018, 08:01:20 AM
#36
if my opinion is virtual currency will undergo changes and the strong rule to bind it will be the advanced technology of the future with cell phones we can use it anywhere and bitcoin will be the first currency for international. so bitcoin will last as long as there is a definite development and rule
hero member
Activity: 1148
Merit: 527
April 03, 2018, 06:25:59 AM
#35
Bitcoin will not disappear as long as we believe in it
I can’t find some good reason because of which we can say such kind of thing that we won’t be able to see bitcoin after some period as this will never happen and that bitcoin will remain there for centuries. The way people are responding towards bitcoin and the way they are investing their money into it is an indication of this thing that bitcoin is going to have a very bright future in future.
hero member
Activity: 1078
Merit: 501
April 02, 2018, 07:47:27 AM
#34
Yes, there are always possibilities for that. As for today, we already lose an amount of bitcoin because bitcoin price is dropping and most of us lose bitcoin already. We just need to accept the reality and the fact that bitcoin is unstable and have a possibility to disappear.
full member
Activity: 336
Merit: 103
April 02, 2018, 07:33:20 AM
#33
This statement is absolute nonsense! A government issued crypto coin is not compareable with decentralized and independent crypto coins. Whatever crypto coin a government might will implement, that coin needs to have a feature where the government can increase the number of the coins and influences its value. So far, the fiat money and its implemented inflation finances the state budget and in future they surely need such an option as well!
sr. member
Activity: 672
Merit: 253
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April 02, 2018, 07:29:07 AM
#32
hello friend, it's not as easy as saying that bitcoin will disappear in the future I think bitcoin has shown its greatness as a virtual currency that can make improvements by itself. I know with the current market situation will be many people who think pessimistic on bitcoin so they assume bitcoin will disappear. I think the bitcoin will not disappear because this is just the starting stage for bitcoin growth.
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