Quote from: Mugtaiya on August 04, 2016, 07:58:25 AM

Quote from: virtualkeybuyer on August 03, 2016, 09:24:21 PM

Quote from: mirakal on August 03, 2016, 02:43:54 AM

Quote from: groll on August 02, 2016, 08:25:12 AM

Quote from: bryant.coleman on June 26, 2016, 04:29:21 PM

I am getting quite skeptical about the future of Bitcoin. The usage and adoption is not increasing, and at the same time, the altcoins are stealing more and more users away from the BTC. A few days ago, Ether became the first altcoin to achieve a $1 billion market capitalization. And this was achieved despite a major robbery occurring in the DAO.

Bitcoin was the first cryptocurrency to exist and after that many versions of virtual currency have popped out and some are not included in the coinmarket capitalizations. But bitcoin will continue to exist, as long as other coins exist bitcoin will continue to be the standard coin. It will be considered as the primary and the official cryptoccurency that will represent dollars online.

With the present achievement of bitcoin, I can say that we have a big market and will soon be stable. It will not just die very easy as we have already survive the previous economy crash and in every crisis survived bitcoin is getting stronger and time will tell until we have the massive adoption that we all long to happen.

Yeah, it is the fact that bitcoin will survive for longer, as you can see that ethereum after its hack lost its value and future but bitcoin after the second hack on bitfinex is going to survive and coming to its stronger position once again, so we can rely on bitcoin and can have the faith that bitcoin will have a brighter future.

The hack is just limited to the Bitfinex. The bitcoin itself is not affected. So it will survive this crisis.

This latest hack highlights the risks associated with centralized exchanges, where losing customers money due to security breaches has been a recurring issue, the security issue looks to be more important for bringing new users into the Bitcoin ecosystem.