Topic: Will bitcoin end? - page 166. (Read 27741 times)

Miners could argue with that statement

This is gonna be used effectively by the future generations

other cryptocurrencies only represented bitcoin..nothing can replace bitcoin on its state.maybe some of them will grow big.but not enough to stand against btc..and Bitcoin will be Down?NO,NEVER,FOREVER.

Bitcoin will ever never end at all.All user can't allow the bitcoin to end so .Since the price of bitcoin is keeps on increasing, you can expect to high reach of price. The price of bitcoin will reach 7000$ at the end of October end and bitcoin will never end at all.

The nature of markets is such that no one knows where the price will go with 100% certainty. You are in essence making a guess about the future.

Some people say bitcoin is in a bubble (which doesn't mean that the technology isn't valid, but that the price is way out of whack) and, if so, then bubbles have a way of also going much further than most people think. There are a bunch of news pieces from Bloomberg and other mainstream media that present you with "experts" (they aren't really any better than someone deeply involved in the crypto-field) that say BTC 40,000 USD, 50,000 USD and we even heard 500,000 USD...

On the other hand, others make the argument that it is like gold and better than gold and that its total supply is much smaller than gold (comparing units of BTC to ounces of gold), which give it a potential price much higher than currently. While this is interesting, it is not yet certain if bitcoin will have the kind of flows gold has and this poses a risk to that theory/analogy.

The price is likely to keep rising, but I'll emphasize that I have no idea what the long-term, equilibrium or fair value of bitcoin really is and I don't think anyone does. Be careful when people give you a specific price target, there is no such thing, no one really knows. Professional trading involves you being able to constantly assess the current situation and risk/reward.

When you use the bubble word, people tend to get triggered, so I'll give you a real-world example: Microsoft (along with Amazon and other current good tech companies). During the late 90s dotcom bubble (it was not accepted as a bubble by everyone at the time - people kept saying that "we are in a new paradigm", but now, after the facts, we all see it for what it is, a bubble), all tech stocks rose unbelievably. Those of companies that made no sense, as well as those of companies that were good (Microsoft, Amazon, etc.). In the case of Microsoft, the price of 1 share rose to $59.97 at the peak of the bubble and it took Microsoft almost 17 years to reach that price again! It reached that price just 1 year ago, in October 2016... This is to say that you can have something that is good and functional (like Microsoft or BTC), but that the price can get ahead of itself, crash hard and only get back there with a lot of time and the technology getting to a point where that price is justified.

So do the best you can to assess the situation, but most importantly: never invest or speculate more than you can afford to lose.

Yes sure if no more people use it anymore and no more people believe in btc anymore. But its almost likely imposible.

Bitcoin will end later maybe after couple hunded bitcoin when new type of payment option change cryptocurrencies and when it make again new money revolution but I think that it will not happent.Bitcoin have now too big support to just end ,it is not goona happent really soon.

Definitely yes. Everything on earth has an end and Bitcoin is no exception. But one thing is certain we do not know when. 

We cannot predict on what will happen to bitcoin in future but I don't think that other cryptocurrencies could beat bitcoin. Compared to other cryto coin, bitcoin has more volume and still increasing so it will be impossible for them to replace it. Regarding if it is late invest, my answer is no anytime we couldn invest upon it.

bitcoin will be "king" in crypto in this moment, for next 1 or 2 year aybe bitcoin still in the top of the list, because bitcoin is a first digital coin, and bitcoin become popular than the other, i already ask my friend and he knows about bitcoin but they dont know about ethereum or other

provocative thinking,
it will not end, but the btc mania will drop significally

-the mining of BTC will stop when the cost to mine goes to the roof , and that will happen way before we even reach the 20 million, not the 21 million cap.
-the structure of btc itself has speculation inside it, the difficulty increase. It doesn't represent real life other than a speculative vehicle.   And that will not permit it to be used as a currency. Why should i use my btc to buy something when most bet that will get even higher?
-on the same time you will see other examples of blockchain use that will make use of the technology to reach certain goals
 
that doesn't mean that the value will not reach higher levels from current ones, but there will be a limit.
Not sure if that will be 10k, 100k or 500$ on the downside.
if you read the daily news you can see the trend that many private blockchain networks are discussed for various apps and ways to draft the future.
What is missed from many I think is that there is no  need to use btc   in order to achieve that.

please don't fire on me, i just post some thinking, might be completely wrong

No. If we are still using bitcoin and no one is destroying it then bitcoin cannot end.

I think not because by just looking at the graph and how its market value rises constantly, i can say that it's really stable and has shown to us that it will never ends. Its market value may fall hard but it will rises again.

If the possibility of a falling bitcoin price could occur because it is influenced by demand and supply in the market so if the supply price is large enough it is possible to lower the exchange rate at each price.

Never too late to start, select some level, improve your analysis skills to figure out some levels for buying & selling, start arbitrage.
This is a market that fluctuates too much and this will bring you a chance for making profit from this.

imho it's never late. anyway it's great opportunity to earn money.

I may be happen. But it takes very long to that.As all of us know, the bitcoin cash is came to replace the bitcoin. But I think all Know the fact.It takes miles to replace so.At this November, bitcoin gold is coming. Even it will try to replace bitcoin .But it takes decades to replace the bitcoin by any of altcoin.

Bitcoin will last for so many coming years at least. As long as there is a strong and big community supporting it, and as long its price go up with time, I think it will last and become even more popular and used worldwide by so many people around the world.
The actual signs show us that Bitcoin have the most powerful potential among crypto currencies.

i dont think so atleast not in the upcominng years.