Post
Topic
Board Economics
Re: Is bitcoin dead?
by
expert4knowledge
on 29/05/2015, 07:10:50 UTC
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago.
One important reason they do not use it is the fluctuations of bitcoin prices, so they do not want to sell something in 500$ and by decreasing price their bitcoin becomes 400$, I think that's why stagnant state is good for developing bitcoin.