Everything would possible. I think bitcoin could end up like Yahoo after all. But maybe it can last longer than what its previous does. Anyway, I'm still think that time will be occur when the last block of bitcoin has mined (the time every unit of bitcoin has mined) because till that time, miner will think about changing their earning method to another way and lower mining power day by day till it die.
The miners can still earn and make profits if they will continue to support the network of bitcoin by confirming different kind of transaction in the blockchain technology of bitcoin because the miners are really necessary in the network in order to make the life of bitcoin still goes on. Bitcoin will not end up like yahoo because bitcoin is really on a great progress and i believed that it will continue. 
Topic: Would Bitcoin ending up like Yahoo in the future? - page 8. (Read 13089 times)
Everything would possible. I think bitcoin could end up like Yahoo after all. But maybe it can last longer than what its previous does. Anyway, I'm still think that time will be occur when the last block of bitcoin has mined (the time every unit of bitcoin has mined) because till that time, miner will think about changing their earning method to another way and lower mining power day by day till it die.
Bitcoin will not end up like a yahoo that is now outdone with Google. The requirement is bitcoin should continue to improve features and services that already exist today.
I don't think so 
). Yahoo and BTC is totally different so it's really hard to compare between BTC and Yahoo. Yahoo is just a chat software and we can't make any deal or trade with Yahoo but BTC is not like that. For us BTC is likely a currency, we can use it to trade, pay for a lot of thing,...so it'll not end like Yahoo was. If in the future Bitcoin will be legalized worldwide I believe that Bitcoin will live forever. 
). Yahoo and BTC is totally different so it's really hard to compare between BTC and Yahoo. Yahoo is just a chat software and we can't make any deal or trade with Yahoo but BTC is not like that. For us BTC is likely a currency, we can use it to trade, pay for a lot of thing,...so it'll not end like Yahoo was. If in the future Bitcoin will be legalized worldwide I believe that Bitcoin will live forever.
bitcoin has many benefits, many people use it but bitcoin is digital money, it can not exist forever, i think it will end like yahoo. In the future bitcoin will die and there will be better cryptocurrens to replace it.
It will not happen that bitcoin ending like yahoo in the future, because bitcoin is getting popular. We see today that bitcoin is popular in some country but to the people also, how much more in the coming days, its become well known. So it would not ending its impossible to happen. Because most of people convince and the number of people who invest is increasing. I think in the future its become an international currency around the world. Because bitcoin is very useful and gives extra income to the people.
Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
There is a possibility it would happen because bitcoin is the pioneer so there is a possbility that something would be able to take over its reign of being the king of cryptocurrency. There are some problems with bitcoin and if the other crypto would be able to solve that problem with bitcoin then maybe people would decide to shift their attention to that other cryptocurrency. Bitcoin devs are trying to solve the problem by having the fork but it seems they are not successful with it.
Bitcoin will always be considered as store of value while ETH will be platform for dapps (decentralized applications).
What determines the value of Bitcoin? I mean what justify for the high value? I would like to see it to reach $xxx,xxx in the near future before I go to Heaven.
its just pure speculation, simply speculation, nothing else to it. (oh possibly HYPE + fear of missing out)
Yes, Of course, Everything have to develop. Bitcoin has many disadvantages, so if it can't improve them, they will be replaced by another.
I agree with you. There is a lot of disadvantages of bitcoin right now that doesn't make sense to use it for daily basis transactions like its fee that is too high to be pay which is not a wise or practical way to do transactions. If bitcoin will have that for a long time then people will just transfer to another coin which is a better coin than bitcoin. 
This is possible that maybe there are a group of people planning to build something that can drop or beat bitcoin in the future. Competition is everywhere and its natural to all kind of business and in daily living.
Yes, I agree! There will be someone who will have the capacity to create a new coin that could possibly beat bitcoin. Now that he/she has the idea or knowledge on how bitcoin works. That person could possibly create something like bitcoin but more improve and more impressive coin than bitcoin. On the other hand, I know that bitcoin will be more improve in the future so there's nothing to worry about. I still believe in bitcoin and I'm also open for a possibility of having a new and coin in the future aside from bitcoin and altcoin.
Yes, Of course, Everything have to develop. Bitcoin has many disadvantages, so if it can't improve them, they will be replaced by another.
it is not impossible for this scenario to happen.
anything can happen in cryptocurrency world.
it may not happen in the near future, but no one really knows an altcoin will surpass it someday.
anything can happen in cryptocurrency world.
it may not happen in the near future, but no one really knows an altcoin will surpass it someday.
I think comparing bitcoin with Yahoo is a different matter, we all know that Yahoo is very much a competitor, especially Google, Yahoo's mistake is not got a strong brand so it can be defeated by others, but bitcoin will always be strong due to support from many big companies.
I don't think bitcoin would end up. I believe It will continue to be the main digital currency in the near future.
This is possible that maybe there are a group of people planning to build something that can drop or beat bitcoin in the future. Competition is everywhere and its natural to all kind of business and in daily living.
There is indeed a probability if that happening sooner or later, look at how the recent abandoned fork drove investors towards bitcoin cash and most miners also stopped mining bitcoins and joined the bitcoin cash bandwagon as well. Everyone is seeking whatever will make them more money and it's a matter of time when a cryptocurrency which makes people more money will come and people will flock towards it.
Yes there's possibility that bitcoin will end like yahoo in the future, because theres no permanent in this world, everything will come and go others stay but not forever. So it means bitcoin will end but ot will stay in longer time . 
Just like what's on my mind, Bitcoin will always rule the cryptoworld and it will always continue to rise despite the ups and downs, and hardforks it went through, i believe that Bitcoin will always give us a bang.
Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
Yes, it will be left in background if enough updates are not done. BTC is the oldest blockchain tech and will become extinct if transaction speed cant be improved and transactions fees lowered. The real world needs BTC to be usable in every day transactions.
Whatever happens to bitcoin later, personally hasn't really been able to forecast precisely whether bitcoin will be the same as fate's Google or not, which i definitey something that is flourishing could be more resistance or a lot of something totally new affecting it. But i think bitcoin will stay sng and continue to can be found until the long term along with its improvement that is increasingly competing fiat currency i suppose, nicely ideally bitcoin continues to exist until the future but still supply good benefits for everyone.trosl
Any thing can happen to bitcoin, in fact no one can say anything about it, but still it seems that bitcoin has a bright future and it will survive for a long long time, because still bitcoin is not yet so much popular everywhere, and still people are joining bitcoin giving great preference to it. i am sure that in future people first choice will be bitcoin to use it not only for online shopping but will also use bitcoin in their local shops for shopping.
Anything is possible but we can never be sure of it. Bitcoin popularity is known all over the world and more users are using bitcoin for their transactions. Bitcoin is at its midst of success, I think it can do more than that if people continue supporting it. But if people finds another cryptocurrency who is more capable than bitcoin in the future what the op said might happen.
Jump to: