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Topic: Would you believe Bitcoin is unstoppable? - page 6. (Read 1521 times)

hero member
Activity: 560
Merit: 500
November 18, 2017, 10:44:35 PM
#22
My best guess at this point is that we're dealing with a large inflow of new people, and that at the very least the BTC price will stabilize. I am currently looking into how to do as much of my transactions as possible in BTC. If Bitcoin becomes fully mainstream, then it will grow at the rate that its economic use grows. Until that time, it may grow or fail, but if it grows it will grow at a much faster rate as people adopt it.
hero member
Activity: 2912
Merit: 642
November 18, 2017, 10:36:44 PM
#21
Everyday is a challenge.
We dont know what else could pop up there and maybe the real better one.
But as of now I believe bitcoin will last for a lot of years.
There are still more to be mined. And with halvings to come it will take a lot more time.
So I guess we just better make a use of it now.
full member
Activity: 205
Merit: 100
November 18, 2017, 10:32:20 PM
#20
is bitcoin possible to stay forever
It will stay forever. Don't you worry mass adoption on all cryptos. The next big thing will happen. Crypto market will dominate all the market including the new york stock exchange..
if people dont see bitcoin as a usable in their life they will abandoned it first when it was created but we see this as usable and it was expand more as of now the way on how we can use bitcoin how about for more coming years so bitcoin will be more unstoppable.
member
Activity: 362
Merit: 10
November 18, 2017, 10:22:30 PM
#19
is bitcoin possible to stay forever
It will stay forever. Don't you worry mass adoption on all cryptos. The next big thing will happen. Crypto market will dominate all the market including the new york stock exchange..
newbie
Activity: 24
Merit: 0
November 18, 2017, 09:22:38 PM
#18
Yes, sort of.

Let's presume Bitcoin succeeds  that it becomes the world primary  currency.

At that point, it will necessarily be far more stable than today like the price of bread or beer won't change drastically from day to day but as the economy grows the technology and productivity , the prices of goods, in general, will gradually fall, which is just another way to say bitcoin will continue to become more valuable over time.
full member
Activity: 296
Merit: 100
November 18, 2017, 09:12:55 PM
#17
I don't think so, if it is stoppable it won't have experienced such a drastic change within this short span of time. We can see the growth of bitcoin year by year, month by month and even day by day with lot of people adopting the platform everyday. Bitcoin has crossed many hurdles and reached this high position now and so that much easily it won't be stopped.
member
Activity: 165
Merit: 14
November 18, 2017, 08:41:56 PM
#16
No. Not forever. But it is unstoppable now. Banks cannot be replaced by bitcoin in the near future. Our fiat system will be here even if there are crypto currencies around. We cannot say for sure but there will be a time that bitcoin will be widely accepted in the future
full member
Activity: 952
Merit: 104
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November 18, 2017, 08:38:02 PM
#15
is bitcoin possible to stay forever

Well as my understanding about bitcoin, yes it will stay for our lifetime as long as digital world exist. Seeing bitcoin grow rapidly is no question whether it stays or lost its value.
legendary
Activity: 1330
Merit: 1003
November 18, 2017, 08:36:40 PM
#14
No, not in the slightest. Bitcoin is something that is wonderful, and I won't go against that statement but you also have to think of the amount of control that governments and other legal entities (such as banks) do have control over it if they really want to use this power (or if they feel they must use this power to help themselves)

If a government wants to, they can tax Bitcoin usage, buying, selling, etc into oblivion -- and not only put this into law, actually put forward enforcement for this sort of stuff to actually happen. Banks could also refuse to help in the facilitation of transcations, as they're usually the clearing houses for a lot of these things as they still MUST go through fiat.

So, it's not unstoppable at all

Governmanets always intervene into the business of anything new once it gets big enough. People who think Bitcoin will not be affected by governments are absolutely wrong. Government exists to control people, but not necessarily in a bad way. Government is good, actually. It is just when it becomes corrupt, or there is too little or too much that it becomes a problem. And these things have scopes, it isn't necessarily like there is a perfect line drawn between what is right and wrong in government, but in general I think Western governments are doing a good job right now despite what many people in the crypto community try to say to shed a negative light on them, I simply do not find this to be true at all.
full member
Activity: 1750
Merit: 118
November 18, 2017, 08:36:27 PM
#13
is bitcoin possible to stay forever

yes it is possible because more people are now using it and bitcoin does really help our economy by giving jobs to unemployed person not only that but also there many good reasons while bitcoin must stay and remain forever yet i believe that its value will be corrected and will be less volatile in the future to be able to fully accept and legalize it worldwide.
newbie
Activity: 32
Merit: 0
November 18, 2017, 08:34:44 PM
#12
We should rather be anxious about the quantum key-cracking computers than about judical aspects  Tongue
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
November 18, 2017, 08:27:59 PM
#11
No, not in the slightest. Bitcoin is something that is wonderful, and I won't go against that statement but you also have to think of the amount of control that governments and other legal entities (such as banks) do have control over it if they really want to use this power (or if they feel they must use this power to help themselves)

If a government wants to, they can tax Bitcoin usage, buying, selling, etc into oblivion -- and not only put this into law, actually put forward enforcement for this sort of stuff to actually happen. Banks could also refuse to help in the facilitation of transcations, as they're usually the clearing houses for a lot of these things as they still MUST go through fiat.

So, it's not unstoppable at all
full member
Activity: 420
Merit: 106
November 18, 2017, 08:10:10 PM
#10

There are so many threats and limitation of bitcoin like other coins, possible disappearing of internet and the worst is the government no one can resist the power of the government if the government agree to all banks that banned bitcoin worldwide the investor will go back and the value will fall, the bitcoin will last for long but not the value. No things in this world proven that will last forever.  
newbie
Activity: 31
Merit: 0
November 18, 2017, 07:00:33 PM
#9
Yes i would. Why? because the use of bitcoin from year to year is increasing from abroad to reaching the homeland and in the country, now a lot of Indonesian people start using bitcoin from group to individual, from entrepreneur, politic artist to big company start to use bitcoin and bitcoin users will become more and more floating with as much postive news about bitcoin, the very promising bitcoin price and value if we make it in a value or investment market that makes everyone wishing to gain great advantage in bitcoin transactions increasing interest and interest in people Indonesia to bitcoin is increasingly in number from year to year and its increase is very significant
sr. member
Activity: 602
Merit: 250
November 18, 2017, 06:59:00 PM
#8
It is unpredictable, just like the price, nobody knows what is going to happen because the whole universe is weird, and if bitcoin suddenly dissapears, then a lot of people are going to lose their money, and of course, a lot of banks, because most of them have millions and millions invested in bitcoin and in order altcoins like ripple.
But it is not going to dissapear, at least, not for now because bitcoin is going up like crazy on those days, so it is impossible to see it drowning right now.
But everything is possible, but not at the moment.
sr. member
Activity: 378
Merit: 250
November 18, 2017, 06:58:53 PM
#7
is bitcoin possible to stay forever

Nothing is permanent in this world if you think it logically maybe Bitcoin will not last forever but I don't see a reason for now that it will be gone soon or it will be remove by anything, paper moneys are once created by someone or group of people that agrees that it must have a value when trading for goods and services of a civilization and it last for more than a thousands of years now but again there is no 100% guaranteed that it will be forever.

As we entering a new era of our world now that almost all of the businesses and necessities are getting into digital world now for more convenient way of living, money is not and exemption so that's why I think Bitcoin was created for people to use it anywhere and anytime in the world.
full member
Activity: 448
Merit: 102
November 18, 2017, 06:52:19 PM
#6
no one knows if bitcoin will be forever. because the whole world is mortal. and also we know that bitcoin stock every year is reduced, then there is a possibility if later stock bitcoin out then people will re-look for real work. although I hope bitcoin can last a long time, and is it possible if stock botcoin increases?
member
Activity: 322
Merit: 10
November 18, 2017, 06:46:05 PM
#5
I really beleive that bitcoin is unstoppable because like in my country which is the philippines bitcoin is prohibited or illegal because the Government found out that bitcoin is being use in illegal transaction of drugs and terrorist but they dont know how useful bitcoin is and how bitcoin help alot of people and how people earn big because of bitcoin but even if its illegal in my country it is still unstoppble because it will never be gone and it will continue to grow and help alot of good and poor people and have a easy and secure future.
member
Activity: 462
Merit: 12
Indonesian Translator, #1 Quality is prioritized.
November 18, 2017, 06:44:23 PM
#4
Bitcoin is unstopable? I don't know what kind of "unstopable" you refer to but if it's crypto-related only then I think yes bitcoin is unstopable for now. But well we never know how long bitcoin is gonna last. Something bad could happen suddenly, any time, and make bitcoin crash. Even though I'm sure it's not gonna happen in anytime soon. But who knows right?
sr. member
Activity: 602
Merit: 263
November 18, 2017, 06:43:12 PM
#3
In bitcoin history, people have tried to bring it down like the great investors from Wall Street claiming that bitcoin is a bubble and it will burst at one point, but what you need to understand is that the bubble is not empty. There is a value of economic utility within that bubble that will remain. Companies the have a solid use case outside of just the digital transaction sector will survive. Think Apple in the bubble, tangible product and digital product, or Cisco etc. Bitcoin is not unstoppable in terms of valor and market because governments can ban it whenever they wish. Imagine China banning bitcoin forever, this might cause the ending of the coin (or not), maybe price can drastically drop and nothing happens.
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