What a day!!
Almost all cryptocurrencies lost 40%.
It is time to re-bounce.
Topic: Worried about btc future - page 47. (Read 8952 times)
We should understand that it is high risky invetment. And in next month can be everythng. So diversify risks and then be able to get more profits
Bitcoins have already proven to be a strong asset. If you do it right, you should not really to much about the future of bitcoin as the price value of it might decrease, but it should only really gradually decrease, by this time should have already cashed out.
I'm never afraid of the future of bitcoin, which I'm afraid is just how to make 1 bitcoin even more. because bitcoin prices are increasing I can not buy more bitcoin we have to find other options to get it
Same here I actually i don't care what bitcoin current or future price because I'm not using bitcoin as long-term investment but more of a medium that gives me the opportunity to earn beside my bed and support my daily needs.
Bitcoin's future is hard to predict. But with what you have to say about the cost of each and every transaction that is increasing, the transaction time is very slow, then it is something that Bitcoin needs to improve to be able to become the currency of the future. Bitcoin cannot easily disappear, because it does not depend on any individual or organization, so it only disappears when no one trades and invests in it. 
I don't think it's necessary to worry too much. Mainly depends on the number of people to use. Look at this point. None of the others can compare with BTC. So I think the future of BTC must be good
i am agree with you sir. i don't worry about bitcoin future. i hope bitcoin aquare a better position next year 2018. people involving now bitcoin and many online market and shop, restuarants accept it legally. so bitcoin future is good.
bitcoin is the mother of all crypto
even if the bitcoin has been replaced by another altcoin
bitcoin still has a value in the market.
and I began to doubt the future of bitcoin
as more promising altcoins are emerging, as well as internal bitcoin problems (high fees, long confirmation, size block).
so I do not think it's surprising that in the future BTC will be replaced by BCC or other altcoins.
even if the bitcoin has been replaced by another altcoin
bitcoin still has a value in the market.
and I began to doubt the future of bitcoin
as more promising altcoins are emerging, as well as internal bitcoin problems (high fees, long confirmation, size block).
so I do not think it's surprising that in the future BTC will be replaced by BCC or other altcoins.
While that is a possibility, it would all depend if the reason for Bitcoin's 'possible downfall' is a fault that applies to all other alt coins. Otherwise, the technology itself will survive through other coins.
I don't think that we shouldn't be too worried about the future of BTC. The thing is BTC is something that had already survived for few years, and I am quite positive that it will continue to survive despite what happens in the future. A lot of people have already invested, so they cannot just shut it down.
Investing in bitcoin is a scary lane but i have a feeling that if bitcoin does not make it, there is no other crypto that will take its place so it is better to risk it on the best crypto than any other.
I see it too. Almost all small transactions can not be done or the execution time is pretty long, which makes me rather angry. Probably because Bitcoin's development goes hand in hand with the fees going up. There is so much bitcoin uncertainty recently though its price is still rising. However, ETH is a wise choice, it can help you feel less anxiety and more stable.
I think you do not have to worry. Maybe his price will not reach 1 million but it certainly will not disappear. Bitcoin is a road opener, you can not say it did not exist.
It will still go up and if ever there will be some corrections along the way, it will stay here for long and for the future. Bitcoin is good and we just have to take and follow the wave and where the money is going on.
I think you do not have to worry. Maybe his price will not reach 1 million but it certainly will not disappear. Bitcoin is a road opener, you can not say it did not exist.
In my opinion the only problem of bitcoin is the high transaction fees. This problem will be solved with the advent of the Lightning Network.
I couldn't agree more. This is also my main concern with bitcoin. The high transaction fees amd the time requirement for every confirmation of all the transactions using bitcoins. Lightning network may be the only one that can get rid of this problem. I hope sooner or later, the lightning network will manage to miraculously pull this off.
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.
If bitcoin does not survive I do not see any other currency taking bitcoin place, so if you want to get out of bitcoin I will suggest to get out of cryptocurrencies completely, and about the hard forks it is very obvious the forks are not being created to solve anything, it is just an attempt to make money with bitcoin’s name and at the same time to attack bitcoin and see if people fall and accept one of these awful coins as the new dominant coin.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.
Nothing to fear or worry about the future of bitcoin. All that's happening with bitcoin is positive and till date haven't shown any signs of destruction. If it is towards the end, now the entire technology advancement should have come to an end without new usage implementation.
In my opinion the only problem of bitcoin is the high transaction fees. This problem will be solved with the advent of the Lightning Network.
Although btc's future is never certain, I wouldn't worry about it just yet.
Well, if bitcoin fails, the whole cryptoworld fails, there will be no coin that could ever take his place. So, we must assure that we make it from the first try or we will perish in the hands of greedy, criminal people...forever.
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.
I do not think the market is centralized, look at how the price spiked up when bitcoin futures was launched, every market has a role to play in the bitcoin ecosystem.-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.
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.
On the contrary should one of these bitcoins prove to be a working product the dev can easily fork the main bitcoin network to get this all under controlAll 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 its continued growing adoption devs are certainly under pressure to give us a product that is fully working and at the moment bitcoin is a work in progress that needs all stake holders consensus to be worked on and perfected Bitcoins have already proven to be a strong asset. If you do it right, you should not really to much about the future of bitcoin as the price value of it might decrease, but it should only really gradually decrease, by this time should have already cashed out.
I'm never afraid of the future of bitcoin, which I'm afraid is just how to make 1 bitcoin even more. because bitcoin prices are increasing I can not buy more bitcoin we have to find other options to get it
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