Topic: Would Bitcoin ending up like Yahoo in the future? - page 6. (Read 13089 times)

The only way make bitcoin last forever is that people accept to consider it as asset , not currency. There are many other coins work fine as currency

Bitcoin can surge from big to small but can soar back into big again. You'll never know what future can offer us. But holding to your bitcoin won't cause you harm in this PRESENT time. It was just years when many told that Bitcoin is a scam and a lie, they presumed that it will fall for a weekend that investors will just mourn for the lost money. Until the surge happened, those who did not believe were the ones crying.

Google was selling shares to Yahoo before, and Yahoo declined the offer. Until Google developed and grew their ideas. From Google Earth to Android. Now, where is Yahoo?

What I'm saying is, you really can't predict the future, it is just a matter of how you handle your present. how you hold on to your hopes. As I can see to the growth of Bitcoin, it will never be like Yahoo nor Google. It will always be Bitcoin, dancing up and down but will never get tired to get higher.

Just read this article from Forbes and found the content somehow related to the topic of this thread:
https://www.forbes.com/sites/ericmack/2017/12/16/bitcoin-cryptocurrency-crash-cash-price-fork-futures/#142d70b21bd4

I underlined and bold the keytakes.

According to Dr. Daniele Bianchi, Assistant Professor of Finance at the Warwick Business School in the U.K., those crashes were essentially due to a few types of events: hacking, regulatory interventions, technology updates and subsequent competition from other crypto-currencies.

Blockchain watchers surely remember the drama generated by the hacking of leading exchange Mt. Gox, which was subsequently shutdown a few years later: both events caused the price of Bitcoin to crash at the time. China's chilly regulatory approach towards Bitcoin has also taken a chunk out of its value on at least two occasions. Most recently, the failed fork (explained here) contributed to a price dip, although it didn't last for long.

"This tells one simple story; the main risk for Bitcoin comes from external factors such as regulatory intervention and security breaches which might hit the credibility of the entire protocol and its effective usefulness as a method of payment/store of value," Bianchi explained to me.

He also expects that competing currencies like Bitcoin Cash could impact the original Bitcoin currently generating all the attention.

"The very open source nature of Bitcoin makes it vulnerable to competition, although the “first-mover” advantage had so far gave a gap with other competitors which is hard to close," he says.

No, I do not think so. Satoshi Nakamoto wish this currency can be the currency for our life in future and he did not say this currency will be an asset for trading, investment or speculation as now. Bitcoin are growing as an asset for future than a currency.

When a project is launched people first check out how much promising is it and how much comfort and ease it can bring in their life. Yahoo was launched but it was not as much useful as Google and was unable to give even a tough competition to Google, but bitcoin is having good plans and will achieve much more in future

Bitcoin was pretty much the first crypto currency as time progresses we will more than likely see another coin over take it maybe a faster more scalable coin but for now bitcoin is king only time will tell what happens.

Currently, the total supply of Ethereum isn't limited, you must to know it's not the small problem for the growth of a currency in long time. It makes the value of Ethereum can't increase to high price because the total market cap can still increase without increase in the value.

no i dont think bitcoin ending up like yahoo because bitcoin has so much value and its value is increasing day by day and it is so popular and legal also .

Bitcoin is a currency or money itself that needed support for people who participated this site so that it will continue to success. But, Yahoo is a site that needed advertisement to earn money. I think Bitcoin will be successful in the future.

Yes, but it takes time I guess. Even the airplane before was too impossible to reach but through innovations and inventions through generation it becomes possible. I think even the fact that we can be able to become rich it takes hardwork and determination.

AFAIK there is an open accusation to deep onion.

A perfect example of him? Well I don't want to be him but I want to achieve his achievements with bitcoin. I don't think bitcoin will be ending up like yahoo in the future, yahoo is still popular today.

I think bitcoin probably will not shift its position in the world of crypto, because I'm sure bitcoin will last forever, because bitcoin is excellent in everything that makes bitcoin last forever in the crypto world.

Any thing can happen in this world nothing is constant changes only not change. I agree bicoin ending up like yahoo in the future if bitcoin loose its value only it is possible. Other altcoin with the completion of bicoin it is long way to achieve and that time new technology and its advantages can help bitcoin grow may other altcoin can also take over same like NOKIA & Sumsung we can give lot of examples about success full company end up with down stream. So bitcoin has to take lesson from those companies and prepare for future and strategy to beat the competitors no matter small or big.

Bitcoin may be just another broadcast.com but we all want to be Mark Cuban.  

Future always unpredictable. But i do not think btc will go backword and become alts as king. Eth can come
To some extent but not pass the btc. Btc is the king , they doing forks so they will be the market leader.


If btc dies who crypto go away

Did you also think that this would also mean higher inflation? Also what you are saying is nonsense as currenti circa block time is 10-15 minutes.

no, bitcoin is so powerful and i think no coin can take over bitcoin place
many coins born and bitcoin fork many times but bitcoin still the best and the king of cryptocurrency no coin can beat it
yahoo can be take down by google but its not gonna happen to bitcoin

Yahoo is one of the best search engine that slowly loses its popularity and defeated by google company.
I think bitcoin will not ending up like yahoo, from their performance they show in the public market; I doubt if this thing happen. In fact they have a great potential to dominate and excel more in future.

LOL
Yeah right keep on dreaming. If there is one thing I hate its people who try to stick in shill comments in every other thread damn.

soon every transaction will need too many time to calculate it, and BTC will fall.
We need faster coins to make transactions more real-time