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Topic: Worried about btc future - page 40. (Read 8952 times)

full member
Activity: 252
Merit: 100
January 01, 2018, 08:34:26 PM
I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

It’s true, I am also a worried about bitcoin currency future. But what to do bro?
member
Activity: 231
Merit: 10
January 01, 2018, 08:31:51 PM
Everyone who joins bitcoin must feel the same way, but if we keep thinking about that worry and do not know the solution will be better if we let go, we live what we are doing, we just need to be careful of our worries. Already, for now we must be sure everything will be fine..
sr. member
Activity: 2380
Merit: 366
January 01, 2018, 08:25:02 PM
I do not worry about Bitcoin. For the past years, Bitcoin remained strong and in fact the pattern is always that Bitcoin will become stronger every year. There was only a single year when Bitcoin ended up cheaper than it started. But Bitcoin was able to overcome this and since then each and every year, Bitcoin ends up much much more expensive than when the year starts. So why worry? Are you seeing a different set of factors and indicators? For me, everything is showing good health and strong support to Bitcoin.
full member
Activity: 1002
Merit: 112
January 01, 2018, 08:23:19 PM
Sometimes i feel terrible whenever bitcoin goes down so much. But i trust and still believe that bitcoin will survive. If ever bitcoin will fail, no crypto currency can take place of it. No crypto currency can be as successful as bitcoin. But it's normal to worry sometimes especially if you invested so much.
jr. member
Activity: 49
Merit: 10
January 01, 2018, 08:08:59 PM
I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

I never worry about what will happen in the future, because I remain confident with the bitcoin that will pure dream in the future. the need for privacy and the movement towards decentralization not for a single coin or cryptococcus, this is a human need for security and its desire for alternatives to globalization and the bank that has persecuted us all.
copper member
Activity: 658
Merit: 284
January 01, 2018, 07:24:45 PM
I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

With your second point:

It seems like more people regardless of the amount of splits end up depending on Bitcoin anyway. We can tell this by the amount of people who quickly dumped their Bitcoin cash instantly to get more Bitcoin. Furthermore, the support of the splits aren't as widespread as the support of Bitcoin itself.
Not this time, a lot of people are leaving bitcoin because of the bitcoin high transaction fees and very slow transaction speed. I can't believe people are now moving from bitcoin to bitcoin cash because of these issues.
member
Activity: 118
Merit: 10
January 01, 2018, 07:16:19 PM
My dear friend, it is natural to feel this uncertainty before a market that has completely seized the bitcoin and the speculative ambition that has generated so much chaos in the bitcoin ecosystem. I think most of us who have been watching the development of this drama believe that all this problem could have solutions but there are not the necessary consensus to solve it, which could mean a gradual abandonment of bitcoin, making it a failed project, like the brutal loss of dominance seems to indicate right now.
sr. member
Activity: 532
Merit: 255
January 01, 2018, 06:59:11 PM
I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

Wasn't just you, "Sometimes" I thought the same thing myself.
You've been a strong holder since 2014 "profesional" and you made quite a lot of money with bitcoins.

You should be confident, apply the properties of your professional and throw away your prejudices "Do not let your prejudices affect how you interact with bitcoin".
Whenever you did not need to switch, because "bitcoin is an established coin".
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
January 01, 2018, 06:47:38 PM
Bitcoin has little to worry about, and a growing number of countries are supporting bitcoin, with the price of bitcoin continuing to rise because of the constant availability of free forks and offline popularity and media promotion.
The media is shelling out fake news about bitcoin and how this bubble will pop and so on and are you claiming these sort of negative marketing is good for bitcoin, i really do not think so,i would like to see how smooth bitcoin was a couple of years back,with smooth transaction and much less transaction delay and not much fuzz regarding the price as it was well around the five hundred dollar mark,i am worried about the future trade too,i am not sure how this will impact bitcoin,only time will tell.
newbie
Activity: 47
Merit: 0
January 01, 2018, 06:29:14 PM
you dont have to be worried because bitcoin is strong and survive with all that challenges
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
January 01, 2018, 05:47:32 PM
You need not to be worried ,Price fluctuation is a norm in every business sector, base on the law of demand and supply, Bitcoin is the principal coin,that is worth holding always.
full member
Activity: 211
Merit: 100
Santa Coin
January 01, 2018, 04:36:11 PM
I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

Don't be mate, no ship is ever going to sail smoothly. There will be ups and downs and this is a down in terms of mindset. If you put into perspective that everybody wants a piece of the market the forks will seem less scary but rather as an attempt at money. After that you should feel fine and calm that the real bitcoin will crush in 2018.
full member
Activity: 706
Merit: 111
January 01, 2018, 03:36:23 PM
nothing to worried about
sr. member
Activity: 756
Merit: 294
January 01, 2018, 12:57:04 PM
BTC has a lot of plans for the future, because you have invested thousands of dollars, you will be in the thought of normal, but BTC is still in a very good position. Bitcoin, you can easily earn a good income with these coins, this bitcoin is very good in future Have there.

You are correct mate. Just imagine for a while, there are many people that prefer cashless way of transacting with their daily purchases and with bitcoin it can also be done while having a chance of investing it in order for it to grow.
member
Activity: 216
Merit: 10
January 01, 2018, 02:30:58 AM
BTC has a lot of plans for the future, because you have invested thousands of dollars, you will be in the thought of normal, but BTC is still in a very good position. Bitcoin, you can easily earn a good income with these coins, this bitcoin is very good in future Have there.
newbie
Activity: 8
Merit: 0
December 31, 2017, 12:18:23 PM
Do not worry about Bitcoin in the future because bitcoin is the king of cryptocurrency which has given the opportunity to the world to change accordingly to the technology development. We all know that bitcoin gets stronger and stronger because of the people who embrace and see it's possibilities. Bitcoin is here to stay and will survive us!
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
December 31, 2017, 12:09:49 PM
I'm not a great counciler.So,I don't know I would be able to make you faithful on bitcoin or not,but I can say my own words to you.

As you are a long time holder,you have  great patience indeed.So,I think you are a risk lover like me..Actually, here in cryptocurrency system, you must have the ability to face any kind of risk.You can be rich overnight, or can become a beggar!! Everything is possible here.So, I'll suggest you,keep faith in bitcoin..The price of it is declining disappointly,but we are hoping that 2018 will surprise us gifting a surprising price of bitcoin.So,hold on.
newbie
Activity: 13
Merit: 0
December 31, 2017, 11:59:33 AM
I believe that there’s nothing to worry about in the short term period. But in a long run, I think BTC will lose dominance to other coins, because there are more and more projects evolving everyday which are already offering solid solutions to the problems we are having currently.
member
Activity: 140
Merit: 10
BookiePro.Fun - The World's Betting Exchange
December 31, 2017, 10:29:57 AM
I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

bitcoin might stop after 3 years this is just a hunch but it is still a possibility bitcoin will never become stable if another crypto currency came and lets say this currency is better and more stable than bitcoin then we would definitely go there but for now i think bitcoin cannot be replaced by another or will fade
newbie
Activity: 36
Merit: 0
December 31, 2017, 09:46:09 AM
You don't need to worry about bitcoin future now but you can also diversify your investment and invest in other cryptocurrencey

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