Post
Topic
Board Economics
Re: Is bitcoin dead?
by
Skarner21
on 21/11/2016, 13:13:25 UTC
Everyday we are having at least a new coin coming up. Bitcoin has been around for quite some time and it has also gained considerable popularity. Its nature of transactions has made it to spread very quickly and I don't think it is going to die any soon. I believe 100% that it is here to stay and other coins will come and go leaving it to dominate the crypto-market.
that's right there's no reason that bitcoin will be dead we all know every single day theres a new investor in this crypto currency called bitcoin and every investor the price of bitcoin grows so fast that's why in the next 5 years i believed in bitcoin that it will be our first digital currency that will be primarily used in everyday life.
Maybe the right word is died since bitcoin has died before and has risen. It's us who make this alive and we are making great effort that resulted to current progress of bitcoin we see. It was not dead because it's so alive now, I reap the benefits of my trust with bitcoin so it's valuable to me.
I think we do not know what will happen in the future.. but i agree that bitcoin will not die because in my own reason that many people or holders or investors are forgot their wallet or lose their bitcoin and send in the wrong address so those bitcoin i think will never touch or even sell it to exchange site. so if many people are selling bitcoin that bitcoin going to die i think bitcoin will still have a value because of this..
And i think there someone investors will still believe that bitcoin will alive again back and he will buy more bitcoins to support bitcoin.