The mining is becoming too expensive and none profitable. I think that will bring uᴉoɔʇᴉq to an end. Another problems is that there is only a few miners left controlled by a few making them controlling moondollars. It's no longer the currency of the people but a currency of the few rich companies that runs the show.....but for how long can the continue?
I have been looking at Rimbit instead since it is premined and therefore don't need the middleman with the expensive hardware for transaction validation. Instead the validation is done by the wallet's running on peoples computers. As I see it it's a currency for the people and it will stay that way. Sadly it's still fairly unknown.
Time will show how long moondollars survive but my guess is not more than 3 years......please challenge that statement with serious arguments.
I think bitcoin will not die. I think bitcoin technology is very very newded in the future. The p2p technology is good enough. I think internet transaction will be popular in the future. So bitcoin technology is very very apropriated for it.
The internet transactions are already popular. Why not? They get their things in their doorsteps thru deliveries. They can pay easily with just some clicks. You wont even need to talk to a salesperson for some information. (sorry salesman) There are a lot that it can do so it will get its chance in the future.
Yeah but the fact is that we cannot buy anything with bitcoin at a moment as not many sites and physical places are accepting bitcoin at a moment but bitcoin won't die till internet don't die.