Will bitcoin last forever? | Bitcointalksearch.org

Reatim

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Quote from: Msigwaeliza on March 26, 2020, 09:18:03 AM

We see that's some of the cryptocurrencies ranking level are decreased such as dogecoin before it was ranked #4 but currently I think it doesn't listed even in top #10 ranking... So can bitcoin also decrease its rank in the future or it will remain #1 rank forever?.

This is the Number 1 ranking currency for more than 10 years now so asking about staying forever is indeed as long as crypto currencies are being acknowledge and supported by people.

But staying in rank 1?this is the Big question because at any chance years from now there will be another crypto that will be loved and trust be investors.

Quote from: jhonjhon on April 08, 2020, 07:18:49 AM

Maybe we could think it possible but still we don't know what really happening in the future.
This all about considering the fact the we've enjoy this time and don't want to lose this opportunity but the problem is we have a lack of support coming from the government and as well as from all company owners to make it possible. These instances that people will think that crypto won't last forever and might replace for another technology.

now only from government but from People as well,or maybe individuals are also relying on governments Views before they will finally get into ir or totally deny this.

but we must not lose hope because we have been here for long and saw everything that happens along the way.

desertfox470

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Quote from: gentlemand on March 26, 2020, 02:00:39 PM

There is Bitcoin, and then there's everything else. Everything else is effectively interchangeable.

I can imagine scum like the BSV crew will play with pumps and market caps to attempt to make it look that way for brief moments before they fall back but nothing will sustain as they're ultimately empty gestures.

Bitcoin is the oldest, best developed, most purely launched and most decentralised project. That all adds up to trust and trust can't be bought or faked. It can only be earned. Nothing will be able to match that trust and that's the main thing that counts in deciding market position and value.

I can imagine in future there will still be something named Bitcoin that bears no technical resemblance to what we use now. Because it's the same ledger it will still be Bitcoin.

I agree pretty much with this comment. People hear bitcoin and cryptocurrency usually. They never heard even litecoin. I think that the halving will be a big deal for bitcoin and where the price will go. If the price doesn't match current profits for mining then I think bitcoin may lose popularity in many miners' hearts. I think if the miners go to another coin then the other coin will rise in ranks. Many years down the line I could see bitcoin getting dethroned but not anytime soon.

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Something new will always come up.
There is no doubt about that. A genius could be born anywhere in the world and create something that will be better for the people and not just for the rich and the government.

It might be on the top for now but nothing last forever.
Although, we might not see that. Grin

We may live then die just looking at bitcoin to be at the top spot. Wink

jhonjhon

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Maybe we could think it possible but still we don't know what really happening in the future.
This all about considering the fact the we've enjoy this time and don't want to lose this opportunity but the problem is we have a lack of support coming from the government and as well as from all company owners to make it possible. These instances that people will think that crypto won't last forever and might replace for another technology.

Periodik

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Quote from: Msigwaeliza on March 26, 2020, 09:18:03 AM

We see that's some of the cryptocurrencies ranking level are decreased such as dogecoin before it was ranked #4 but currently I think it doesn't listed even in top #10 ranking... So can bitcoin also decrease its rank in the future or it will remain #1 rank forever?.

"Will Bitcoin last forever?" is totally different from "will remain #1 rank forever?"

Will Bitcoin last forever? Of course, not. It will not even last 500 years for sure, not even 200 years. Forever, my friend, is much much more than a million years.

Will Bitcoin remain #1 rank forever? If that means for as long as crypto is alive, yes. Bitcoin will remain to be the number 1 rank until crypto dies.

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Quote from: Janation on April 08, 2020, 05:44:34 AM

Quote from: noormcs5 on April 05, 2020, 04:42:37 AM

Bitcoin will stat on top of all crypto currencies but this does not mean that crypto will remain forever. Who knows after 100 yeas there might be no signs of crypto currencies and bitcoins.

How can you say that?

I am not saying that it is impossible, it is possible but saying that there will be no signs of cryptocurrencies in the future? I think that is impossible. One of the greatest technology Bitcoin has is the Blockchain and a lot of people are speculating that it will be widely used in the future and not only in the market we are used to.

We cannot actually define on what will happen in future since he have a point we don't know if cryptocurrency and bitcoins will last for that far since anything would change day by day and maybe there are other forms of E-currency will launch to compete the cryptocurrency in the market, but in other though if bitcoin will gain huge adoption and will break to legalization then for that we can say that bitcoins would last forever.

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Quote from: Wind_FURY on April 08, 2020, 05:36:06 AM

Censorship-resistance is more the value proposition, and the need for a secure "truth" ledger that can't be modified, plus the costs spent to mine the rewards.

I meant principles in the sense of foundations, not going vegan or owt. As long as they stay at the forefront of the minds of developers and other maintainers of the ecosystem it doesn't matter what the nuts and bolts underneath look like as long as they reinforce that.

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Quote from: Msigwaeliza on March 26, 2020, 09:18:03 AM

We see that's some of the cryptocurrencies ranking level are decreased such as dogecoin before it was ranked #4 but currently I think it doesn't listed even in top #10 ranking... So can bitcoin also decrease its rank in the future or it will remain #1 rank forever?.

Of course any currency can be replace easily especially if the currency in the bottom will likely to skyrocket the demand so we can say that other currencies have a chance to replace bitcoin someday as number 1 in the ranking if they will be doing their best. But if the investors will always favor bitcoin over other currencies the same to what is happening right now then we can say that bitcoin will always be at number 1 and it will last forever.

So in short, all will always depend to the investors especially the big investors out there if what currencies they like to support in the future because they can easily pump any currencies that they like if they want to.

Janation

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Quote from: noormcs5 on April 05, 2020, 04:42:37 AM

Bitcoin will stat on top of all crypto currencies but this does not mean that crypto will remain forever. Who knows after 100 yeas there might be no signs of crypto currencies and bitcoins.

How can you say that?

I am not saying that it is impossible, it is possible but saying that there will be no signs of cryptocurrencies in the future? I think that is impossible. One of the greatest technology Bitcoin has is the Blockchain and a lot of people are speculating that it will be widely used in the future and not only in the market we are used to.

Wind_FURY

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Quote from: gentlemand on April 07, 2020, 11:20:46 AM

Quote from: STT on April 06, 2020, 06:37:00 PM

Depends how its considered because there is Model T Fords still around donkeys years afterwards but it cant be argued they are still used in mainstream as such as they are long surpassed. However they still do the job and are respected to this day, to this extent I think BTC will always be around but not always the premier within crypto. Its very possible its nowhere its peak yet, this is the big speculation as price is expected to rise.

All Bitcoin is is a ledger with principles that enough people agree to. That's the part that has value. Nothing technical does. That being the case you can continue to upgrade the back end indefinitely and infinitely as long as the ledger is carried forward and remains compatible and enough people continue to agree to its principles.

That gives it a better shot of sticking around as long as we have a use for monetary exchange than most things out there.

I believe it's not about the "principles", we are not in a cult. Censorship-resistance is more the value proposition, and the need for a secure "truth" ledger that can't be modified, plus the costs spent to mine the rewards.

Botnake

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Bitcoin could be outranked but it's unlikely to happen, why? because bitcoin is super dominant now, as we have observed, it's the one carrying the market, when its bullish altcoins will benefit but if it will dump altcoins will drop as well.

Bitcoin is not a project that will be develop by a team or a devs, it has always been the same bitcoin we invested in the pas but's still standing strong despite the fact there are more better platform than bitcoin, so that says they can't beat bitcoin as it has become the king of crypto and it's hard to dethrone the king.

gentlemand

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Quote from: STT on April 06, 2020, 06:37:00 PM

Depends how its considered because there is Model T Fords still around donkeys years afterwards but it cant be argued they are still used in mainstream as such as they are long surpassed. However they still do the job and are respected to this day, to this extent I think BTC will always be around but not always the premier within crypto. Its very possible its nowhere its peak yet, this is the big speculation as price is expected to rise.

All Bitcoin is is a ledger with principles that enough people agree to. That's the part that has value. Nothing technical does. That being the case you can continue to upgrade the back end indefinitely and infinitely as long as the ledger is carried forward and remains compatible and enough people continue to agree to its principles.

That gives it a better shot of sticking around as long as we have a use for monetary exchange than most things out there.

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Quote from: Smitty Werben Man Jensen on April 07, 2020, 03:19:27 AM

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As much as I want I can’t say and expect on this one, but I hope that bitcoin will stay until my last breath because I’m so much thankful to bitcoin and I also want my future family to experience bitcoin, I will teach to my Children the importance and function of bitcoin soon, so hopefully it will last.

Bitcoin will last as long as possible and will never die !, There are already countries that accept bitcoin, so it's not possible if bitcoin will die, bitcoin age is still young, 10 years is still bitcoin, the future is still long, let alone Bitcoin is the money of the future , believe it.

Maybe I have to believe it but I'm not really confident that Bitcoin will be accepted worldwide and it is possible to see that some people may know nothing about crypto. We love bitcoin because we know better about it and it looks promising but wondering why many establishments not accepting this one as a currency. I know we are looking to that way but something we have to think that Bitcoin is not forever because of its feature and not all of us are in favor of this, in fact, some countries are not supporting crypto.

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Quote from: Msigwaeliza on March 26, 2020, 09:18:03 AM

We see that's some of the cryptocurrencies ranking level are decreased such as dogecoin before it was ranked #4 but currently I think it doesn't listed even in top #10 ranking... So can bitcoin also decrease its rank in the future or it will remain #1 rank forever?.

i can certainly answer that Bitcoin will Last forever because this is the Pioneering (though there are some first crypto but not succeed the market)

but in Ranking 1?nope there is no forever i think because there are many crypto currencies that is created Good or more than Bitcoin and just happen that for now harder to find support from the community but in time?sure they will blossom and make another step to serve crypto people in future.

Wind_FURY

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Quote from: arwin100 on April 06, 2020, 06:41:03 AM

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Quote from: Msigwaeliza on March 26, 2020, 09:18:03 AM

We see that's some of the cryptocurrencies ranking level are decreased such as dogecoin before it was ranked #4 but currently I think it doesn't listed even in top #10 ranking... So can bitcoin also decrease its rank in the future or it will remain #1 rank forever?.

Just like most sayings 'There is no Forever" i don't think that Bitcoin will remain on that rank the whole life because there will comes a time that People will leave support on this Pioneering currency and will try others.

It may not happening this soon but in future when the adoption finally happen changes will be done and Bitcoin will step down to give other currency a chance to prove that they are deserving to serve people inc rypto.

Actually eventhough we can agree in the word that there is no forever but still we can rely on it since even up till now the current state is pretty much solid and aslong as theirs a big whale and it included on the institutions and whales options we can rely that we will see bitcoins for more longer years.

but i don't think that theirs a coin will surpass the bitcoin since it is the face of cryptocurrency and I don't think if there are people who will take a risk for new one who claims that they will surpass the bitcoins standings.

No one can guess that Bitcoin will be the most valuable in marketcap in all of its existence, BUT think of the fact that Bitcoin has the "first mover" advantage, the network effects, the best developers, the industry, and the largest community.

IT WILL WIN the war of attrition against all shitcoins.

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As much as I want I can’t say and expect on this one, but I hope that bitcoin will stay until my last breath because I’m so much thankful to bitcoin and I also want my future family to experience bitcoin, I will teach to my Children the importance and function of bitcoin soon, so hopefully it will last.

Bitcoin will last as long as possible and will never die !, There are already countries that accept bitcoin, so it's not possible if bitcoin will die, bitcoin age is still young, 10 years is still bitcoin, the future is still long, let alone Bitcoin is the money of the future , believe it.

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Quote from: Bezobraznike on April 06, 2020, 03:27:46 PM

Nothing last forever! Bitcoin will last as long as people work on it, as long as there's someone

Depends how its considered because there is Model T Fords still around donkeys years afterwards but it cant be argued they are still used in mainstream as such as they are long surpassed. However they still do the job and are respected to this day, to this extent I think BTC will always be around but not always the premier within crypto. Its very possible its nowhere its peak yet, this is the big speculation as price is expected to rise.

FanEagle

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If we are talking about bitcoin having some sort of trouble and not really doing what we imagine it would do and eventually die, that will not happen. I mean surely bitcoin could face some troubles and has already faced some troubles but we also had amazing moments as well like the 20k time for example, so we had our downs but we had our ups as well and in general that is all that should matter when we are talking about "forever".

As long as bitcoin stands it will always recover from even the worst of things. However like beerlover said if we are talking about a competition, there could be a competition in the future that we don't know right now, 50 years ago nobody could imagine we could have bitcoin, so many different technologies came together to build it, 50 years in future maybe we will have stuff we can't even begin to imagine right now.

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Quote from: Hypnosis00 on April 06, 2020, 07:19:01 AM

We shouldn't have to think about it, not of course and even fiat money won't warrant anything to be last forever.
Only we have to give hope that it will stay long and long enough that people have to appreciate and give them realization towards the market and how we can get a benefit(s) from it.

Well, I suppose to think that Bitcoin will be fully accepted soon as a currency rather than being considered as an investment by most. And this way, it helps to keep crypto in the market and it helps promote by using it as another payment option other than fiat/local currency.

Nothing last forever! Bitcoin will last as long as people work on it, as long as there's someone
to upgrade it, take care of it. There will be better technologies in the future, it's a fact. Bitcoin, and
all others, will come to the point where will they adopt or die, it's for everyone!
For not it's the best we have! We need to use it, to show others how to use it, to spread it, and it
will last for many years!

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We shouldn't have to think about it, not of course and even fiat money won't warrant anything to be last forever.
Only we have to give hope that it will stay long and long enough that people have to appreciate and give them realization towards the market and how we can get a benefit(s) from it.

Well, I suppose to think that Bitcoin will be fully accepted soon as a currency rather than being considered as an investment by most. And this way, it helps to keep crypto in the market and it helps promote by using it as another payment option other than fiat/local currency.

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