Post
Topic
Board Economics
Re: How long could bitcoin last?
by
LegendaryMiner
on 21/07/2017, 23:32:23 UTC
With the current event in bitcoin I think Bitcoin is read to last for a very long time.  They have a great support because of the reason such as being the first mover to decentralized blockchain and being the most popular cryptocurrency.  It will take a lot of time for other cryptocurrency to overtake Bitcoin and with that, Bitcoin will continue to be the leading cryptocurrency.

It will be like this. Bitcoin made revolution and like in every aspect of life revolution will last. He will be here for very long time, even after our lifetime. Bitcoin is ment to replace someday fiat and if techno revolution continues as we progress bitcoin will replace fiat, or it will be some other crypto developed by "government".


I don't agree with revolution fact for bitcoin. Revolutions end somewhere but bitcoin will last forever which means it's not a temporary innovation. It's permanent.
Bitcoin lasts forever but nothing can ensure that its price will remain above $2000. And if bitcoin does not have a good price, you can say that bitcoin is death Wink Hope that it will always have a good value on the world market
If it lasts forever, you can be sure that being above $ 2000 will be the least of the problems.