Bitcoin can disappear? - page 28. | Bitcointalksearch.org

SirLancelot

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Quote from: Kotone on August 11, 2016, 08:21:51 AM

Quote from: KennyR on April 07, 2016, 09:42:21 AM

Bitcoin won't disappear as more and more adoptions were taking place regularly. Might experience great fluctuations when unwanted statements get revealed from the top authorities.

Well, For me, bitcoin will disappear. Not now but soon I think. If all the bitcoin blocks has been mined, there is a possibility that bitcoin will disappear from the cryptocurrency list. Not the bitcoin itself, but on the list of the top cryptocurrency.

Do you believe, if all the blocks (I believe you mean by this all the total number of bitcoins) are generated, bitcoin will go down in top crypto-currency list. If all the bitcoins will be mined out, bitcoin will go very rare similar to diamonds/ platinum. So, it will keep up it's position in top crypto currency list.

Crazygreek

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In theory, yes, but on practice we can see that bitcoin just growing everytime and community is increasing, till people using it, bitcoin will not die.

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Quote from: buyinbtc on August 18, 2016, 01:37:58 PM

Quote from: michelle1845 on August 18, 2016, 01:34:39 AM

Only if the internet to stop working, which is something unlikely to happen.

you are right, basically right now it is pretty impossible for bitcoin to disappear because it is use by a lot of people all around the world

Yeah bitcoin is leaving in internet and if the internet will gone in the future. it can be affect the price of bitcoin or disappear bitcoin in whole over the world.. but its impossible to happen because internet too is growing day by day..

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Quote from: michelle1845 on August 18, 2016, 01:34:39 AM

Only if the internet to stop working, which is something unlikely to happen.

you are right, basically right now it is pretty impossible for bitcoin to disappear because it is use by a lot of people all around the world

Imoote

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Quote from: Noctis Connor on August 18, 2016, 09:15:40 AM

For me bitcoin wont disappear why because many investors are using it and bitcoin now is becoming famous , and we know or for those who don't know yet some country are banning bitcoin currency because their goverment want that currency some investors are using bitcoin currency to trade or investing their money or risking their money on bitcoin and how could be bitcoin can disappear . bitcoin now is famous and it will grow more so soon as the year past.

Absolutely bitcoin in my opinion is not going to disappear because now many people using bitcoin, and bitcoin adopt. That would make bitcoin be developed that will not disappear. I believe bitcoin will continue to grow and have prices that continue to rise.

Noctis Connor

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For me bitcoin wont disappear why because many investors are using it and bitcoin now is becoming famous , and we know or for those who don't know yet some country are banning bitcoin currency because their goverment want that currency some investors are using bitcoin currency to trade or investing their money or risking their money on bitcoin and how could be bitcoin can disappear . bitcoin now is famous and it will grow more so soon as the year past.

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Quote from: lavapits on August 18, 2016, 01:51:12 AM

Quote from: Yipdard on April 05, 2016, 03:01:28 PM

Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?

maybe it could, but chances are very, very low, and no bitcoin is not a scam at all, but if it would happen, i think people would be sad and they would start to use litecoin or so instead of bitcoin

There will be a chance that litecoin will also fall when their mother bitcoin fall. I am not saying it will be what will happen but there are chances. Who would trust other crypto if the one with the high value drop.

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Quote from: Mozdalifa17 on August 11, 2016, 08:06:50 AM

in case we lost internet connection all over the world then i would say yes bitcoin and all other online payment will disappear .

The total Internet connection in this world will be down on the event of any atomic radiations. If atom bombs will be used that must be the end of world. When no human will be surviving how we can expect Internet to keep up to give bitocin a life.

lavapits

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Quote from: Yipdard on April 05, 2016, 03:01:28 PM

Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?

maybe it could, but chances are very, very low, and no bitcoin is not a scam at all, but if it would happen, i think people would be sad and they would start to use litecoin or so instead of bitcoin

redsun114

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Quote from: Kotone on August 11, 2016, 08:21:51 AM

Quote from: KennyR on April 07, 2016, 09:42:21 AM

Bitcoin won't disappear as more and more adoptions were taking place regularly. Might experience great fluctuations when unwanted statements get revealed from the top authorities.

Well, For me, bitcoin will disappear. Not now but soon I think. If all the bitcoin blocks has been mined, there is a possibility that bitcoin will disappear from the cryptocurrency list. Not the bitcoin itself, but on the list of the top cryptocurrency.

You got any backing points for your statement ?

It is highly insane if you are still believing the bitcoin blocks are having some connection for the survival of bitcoin system. Moreover blocks will be mined unlimitedly regardless of total number of bitcoins.

michelle1845

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Only if the internet to stop working, which is something unlikely to happen.

BitcoinPC

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Quote from: Yipdard on April 05, 2016, 03:01:28 PM

Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?

In this time, i don't think that it will be happened, because recently Bitfinex has been hacked, and it disappear a huge number of the people, but still people are using it, and also doing trading.
Secondly, if bitcoin scam, so nothing bad thing happen in the world, because when bitcoin was not introduce in this world, but world still remain it.
And third, people will be panic, but not for bitcoin, only for their losses, and after time passing, they forget it. And i think so bitcoin will be come on an other Crypto currency.

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Quote from: setupbounds on August 16, 2016, 01:16:41 PM

Quote from: milewilda on August 16, 2016, 07:50:37 AM

Quote from: richardsNY on August 16, 2016, 07:25:44 AM

Quote from: LarryHocks on August 16, 2016, 07:21:04 AM

Bitcoin can disappear but like most of us I am not counting on it. Remember that bitcoin has a billion dollar market cup. Such a large market is not going to disappear just like that.

Market cap doesn't matter in this case. Even when Bitcoin by far isn't as popular as it is right now, Bitcoin will stay operating. If you want to stop Bitcoin entirely, then shut down the world power and all the internet. Or all the miners will need to put their machines off. Only then you can make Bitcoin vanish.

Doesnt rely on market cap only, I agree that bitcoin would vanish if there a global power interuption for that theres no internet because theres no electricity which is the main source of everything that run by electricity but as we all know that wont happen in the future, bitcoin would last long as we can see its development in previous years until now.

Looking at this grammatically, it is only asking if it can disappear, which we all know the answer would obviously be yes.
However looking at the stats, bitcoin would only start to devalue by the chance when the market is now distracted by a different, better, more stable crypto. Bitcoin to disappear?

No. It's already marked in the history as the first successful crypto so there's no chance of it disappearing as long as the internet lives and the historians keep a copy of it.

yes that is a fact there is no doubt about this, bitcoin cannot disappear, it will remain for ever, we can see that people are taking interest in bitcoin and hope that a time will come when all the people will use bitcoin in their daily life just like fiat currency.

setupbounds

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Quote from: milewilda on August 16, 2016, 07:50:37 AM

Quote from: richardsNY on August 16, 2016, 07:25:44 AM

Quote from: LarryHocks on August 16, 2016, 07:21:04 AM

Bitcoin can disappear but like most of us I am not counting on it. Remember that bitcoin has a billion dollar market cup. Such a large market is not going to disappear just like that.

Market cap doesn't matter in this case. Even when Bitcoin by far isn't as popular as it is right now, Bitcoin will stay operating. If you want to stop Bitcoin entirely, then shut down the world power and all the internet. Or all the miners will need to put their machines off. Only then you can make Bitcoin vanish.

Doesnt rely on market cap only, I agree that bitcoin would vanish if there a global power interuption for that theres no internet because theres no electricity which is the main source of everything that run by electricity but as we all know that wont happen in the future, bitcoin would last long as we can see its development in previous years until now.

Looking at this grammatically, it is only asking if it can disappear, which we all know the answer would obviously be yes.
However looking at the stats, bitcoin would only start to devalue by the chance when the market is now distracted by a different, better, more stable crypto. Bitcoin to disappear?

No. It's already marked in the history as the first successful crypto so there's no chance of it disappearing as long as the internet lives and the historians keep a copy of it.

milewilda

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Quote from: richardsNY on August 16, 2016, 07:25:44 AM

Quote from: LarryHocks on August 16, 2016, 07:21:04 AM

Bitcoin can disappear but like most of us I am not counting on it. Remember that bitcoin has a billion dollar market cup. Such a large market is not going to disappear just like that.

Market cap doesn't matter in this case. Even when Bitcoin by far isn't as popular as it is right now, Bitcoin will stay operating. If you want to stop Bitcoin entirely, then shut down the world power and all the internet. Or all the miners will need to put their machines off. Only then you can make Bitcoin vanish.

Doesnt rely on market cap only, I agree that bitcoin would vanish if there a global power interuption for that theres no internet because theres no electricity which is the main source of everything that run by electricity but as we all know that wont happen in the future, bitcoin would last long as we can see its development in previous years until now.

richardsNY

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Quote from: LarryHocks on August 16, 2016, 07:21:04 AM

Bitcoin can disappear but like most of us I am not counting on it. Remember that bitcoin has a billion dollar market cup. Such a large market is not going to disappear just like that.

Market cap doesn't matter in this case. Even when Bitcoin by far isn't as popular as it is right now, Bitcoin will stay operating. If you want to stop Bitcoin entirely, then shut down the world power and all the internet. Or all the miners will need to put their machines off. Only then you can make Bitcoin vanish.

LarryHocks

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Bitcoin can disappear but like most of us I am not counting on it. Remember that bitcoin has a billion dollar market cup. Such a large market is not going to disappear just like that.

warwar

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Quote from: Zadicar on August 12, 2016, 09:49:12 PM

Quote from: Labumi on August 12, 2016, 08:38:02 AM

Quote from: Zadicar on August 12, 2016, 03:08:12 AM

Quote from: madwica on August 12, 2016, 01:34:21 AM

Quote from: JeffBrad12 on August 11, 2016, 07:58:00 PM

Quote from: Conus on August 11, 2016, 08:09:55 AM

Quote from: Mozdalifa17 on August 11, 2016, 08:06:50 AM

in case we lost internet connection all over the world then i would say yes bitcoin and all other online payment will disappear .

That is not going to happen unless there is a world economy shutdown. If that happens, then we will be more concerned with things as food and finding somewhere to survive because the crap has really hit the fan!!

Are you kidding me? I don't think the internet connection is having the relationship with the economic of the world. it's can happen if the world of economy is not death. Maybe if in the future the world war3 is a happen we will see the internet will very useless and the economy will always stay alive.

we can not say the internet will be useless, Internet connection is the blood of bitcoin if the connection will shut down we can not access our bitcoin wallet, also the economy of each country has big effect on bitcoin value.

If internet would be lost then there would be a worldwide panic and would suffer a huge economic disaster since almost everything depends on internet. Imagine without internet you would definitely say its a total disaster.

It probably could have happened, but the disaster is going to happen is not a natural disaster. But disaster information from all over the world, for the loss of the internet, then we are not going to be easy in giving the latest news in the country who are we inhabit. It will surely be a disaster which is quite influential in the life of the

Yes, i didnt say its a natural disaster but an economic disaster. Even and hour loss of internet worldwide it would probably make a panic especially to internet dependent things and businesses out there. We should accept that internet plays a big role in our high tech generation years and this thing is commonly used.

Yup its not a natural disaster that it will happend easy natural tho we could say that it will happen really bu its not just easy as eating a pie that thr bitcoin will probably gone. Lot of us will panic and the internet would be affected with that because internet has a big role in bitcoin specially in buying and selling products also the illegal thins we could rid with that that's the good news but thr bad news is the biggest thing.

CasioK

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Quote from: Natlind on August 11, 2016, 07:59:22 AM

It may not as many are joining this forum every day.. This is the sign of bitcoins growth. Its benefits are enough to draw many inside...

You are right. The fast-growing bitcoin community is the biggest living proof that bitcoin will not disappear anytime in near future. Basically, it would be too impossible for the total community for choosing a wrong thing. Large amount of people cannot do same mistake like adopting bitcoins.

katrimans

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Quote from: wuvdoll on August 12, 2016, 03:00:46 AM

Quote from: Corenin on August 11, 2016, 08:10:06 AM

Quote from: Mozdalifa17 on August 11, 2016, 08:06:50 AM

in case we lost internet connection all over the world then i would say yes bitcoin and all other online payment will disappear .

Do you really think that internet will disappear in future? It has become an basic necessity not only of an individual but also of corporates and businesses so that will never happen in future.

Yes, bitcoin has become a part of life for many individuals as well as for corporations. Like how we can not imagine a life without a mobile phone (for some people, it must be facebook), bitcoin has become as digital oxygen to human's financial world.

There are a lot of actions / preventions are being taken to solve any possible problems that bitcoin ecosystem may face in future. So, all necessary steps are being taken time to time to have better bitcoin systems in future for our next generations.

That must be true. Because lot of bitcoin enhancement projects are keep on coming every day just to protect and to have a better bitcoin system. It must be a big responsibility for devs to predict future problems and it's solutions. Hopefully devs are doing their job perfect to protect bitcoin not to disappear for ever.

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