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Topic: Bitcoin can disappear? - page 39. (Read 34592 times)

legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
July 29, 2016, 09:28:19 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear
The theory is always having the two possibilities, number one that's will happened and number two it's will never happen. but the theory is needed a rational think to making the realistic things.
legendary
Activity: 910
Merit: 1000
July 29, 2016, 09:11:42 AM
Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?
Yes bitcoin can disappear if there are not people make Investment in it, if bitcoin is scam today only some people who will be panic because not all of people in the world who make Investment in it.
hero member
Activity: 672
Merit: 500
July 29, 2016, 09:06:39 AM
bitcoin cannot disappear but its price can! but then again if something like that happen ill go and buy tons of it, because story repeat its self !
but no its not going to happen
legendary
Activity: 3080
Merit: 1500
July 29, 2016, 09:04:57 AM
Bitcoin simply can't disappear from your wallet until and unless you spent it or someone hacks it out. Bitcoin is like your bank account. like the money can't disappear out of the blue, so as the bitcoin.

If bitcoin goes scam them many people will loose millions of dollars. It will certainly bring down the moral of many investors, but nowadays we have many alternatives like dash or ETH...so the crypto currency market will survive anyhow.
full member
Activity: 210
Merit: 100
July 29, 2016, 09:04:34 AM
As long as there are users,investors,online shop that accepts of it bitcoin it will not disappear.but rather bitcoin is getting popular day by day.
legendary
Activity: 1526
Merit: 1001
July 29, 2016, 09:00:50 AM
I am not sure bitcoin could disappear. bitcoin have a large enough force to become better. bitcoin is used by many people and has provided many stores that accept bitcoin.
legendary
Activity: 2940
Merit: 1083
July 29, 2016, 08:46:40 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear
But as long as people are having some faith with the bitcoin ecosystem, they will keep on buying when bitcoin prices available for lower prices. So, the price drop will not that much impact to make bitcoin to disappear as long as people are believing with bitcoin ecosystem.

There are lots of investors in BTC so I guess it won't just go down, there will always be whales. But it could be less within the next 2-3 years.

2-3 years is a short time. I think it will be here for more than that. The fact that it is an online currency and people are always online is the reason that it will stay long. It can be also upgraded to even more, enhancing its usage in different areas of online transactions.
newbie
Activity: 58
Merit: 0
July 29, 2016, 08:33:10 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear
But as long as people are having some faith with the bitcoin ecosystem, they will keep on buying when bitcoin prices available for lower prices. So, the price drop will not that much impact to make bitcoin to disappear as long as people are believing with bitcoin ecosystem.

There are lots of investors in BTC so I guess it won't just go down, there will always be whales. But it could be less within the next 2-3 years.
hero member
Activity: 854
Merit: 501
July 29, 2016, 08:16:14 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear
But as long as people are having some faith with the bitcoin ecosystem, they will keep on buying when bitcoin prices available for lower prices. So, the price drop will not that much impact to make bitcoin to disappear as long as people are believing with bitcoin ecosystem.
legendary
Activity: 3122
Merit: 1140
July 29, 2016, 08:14:52 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear

I think it is now impossible that the price of bitcoin will disappear, as in the last month I saw that the price of bitcoin started to decrease and when the price reached to $580, I saw a huge rush of people to buy bitcoin and the demand increased much more and the price once again reached back to $650.
I guess all the coins on the Internet could disappear, but I guess it would take a very long time for bitcoin. Well, the current coin bitcoin is the best on the internet, if bitcoin will disappear, meaning all altcoin must exceed the price of bitcoin at the time, but I think it will not happen, because growing altcoin, as well as bitcoin

Bitcoin and other currency has a lifespan, if they reach it the maximum then it will stop. Bitcoins lifespan has 260 years more left according to an article in bitcoin news.

But at present bitcoin disappearing is not a problem and is not possible. Billions of dollars are invested into it that's why it become stable and will exist for a hundred of years.


I agree to waht you have said, bitcoin would last for how many years since there are lot left of bitcoins to be mines and according to the article it says 260+ halving left which means bitcoin would never die in our lifespan. There are lot of investors into it and its very impossible to disappear nowadays.
hero member
Activity: 994
Merit: 544
July 29, 2016, 08:09:55 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear

I think it is now impossible that the price of bitcoin will disappear, as in the last month I saw that the price of bitcoin started to decrease and when the price reached to $580, I saw a huge rush of people to buy bitcoin and the demand increased much more and the price once again reached back to $650.
I guess all the coins on the Internet could disappear, but I guess it would take a very long time for bitcoin. Well, the current coin bitcoin is the best on the internet, if bitcoin will disappear, meaning all altcoin must exceed the price of bitcoin at the time, but I think it will not happen, because growing altcoin, as well as bitcoin

Bitcoin and other currency has a lifespan, if they reach it the maximum then it will stop. Bitcoins lifespan has 260 years more left according to an article in bitcoin news.

But at present bitcoin disappearing is not a problem and is not possible. Billions of dollars are invested into it that's why it become stable and will exist for a hundred of years.
legendary
Activity: 1218
Merit: 1000
July 29, 2016, 07:39:11 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear

I think it is now impossible that the price of bitcoin will disappear, as in the last month I saw that the price of bitcoin started to decrease and when the price reached to $580, I saw a huge rush of people to buy bitcoin and the demand increased much more and the price once again reached back to $650.
I guess all the coins on the Internet could disappear, but I guess it would take a very long time for bitcoin. Well, the current coin bitcoin is the best on the internet, if bitcoin will disappear, meaning all altcoin must exceed the price of bitcoin at the time, but I think it will not happen, because growing altcoin, as well as bitcoin
hero member
Activity: 644
Merit: 500
July 29, 2016, 07:33:46 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear

I think it is now impossible that the price of bitcoin will disappear, as in the last month I saw that the price of bitcoin started to decrease and when the price reached to $580, I saw a huge rush of people to buy bitcoin and the demand increased much more and the price once again reached back to $650.
full member
Activity: 237
Merit: 250
July 29, 2016, 06:43:34 AM
first bitcoin will not disappear. because it has no become a permanent currency and people are using it as a fiat currency in different areas. but if still bitcion disappear then people will really be in panic.
of course bitcoin cannot just disappear though theoretically its price might drop to a very low number then a lot of people would quit using bitcoins and bitcoin would kinda disappear
sr. member
Activity: 257
Merit: 250
July 29, 2016, 06:42:42 AM
No bitcoin can never disappear due to it's valuability,  it's the most valuable cryptocurrency used in the world
hero member
Activity: 756
Merit: 520
July 29, 2016, 06:02:17 AM
The bitcon can disappear or less used used if another digital currency is used more by the people. Ethereum could be a good candidate.

Yeah it is true, because all the technology that is now in the future there will be the latest technology and can make the technology is now abandoned. I think ethreum might be able to be a good candidate, but I am less sure of that. Because the ethereum doesn't give quite protruding from the bitcoin. So maybe the ethereum will survive like that.
sr. member
Activity: 1414
Merit: 260
July 29, 2016, 05:58:40 AM
The bitcon can disappear or less used used if another digital currency is used more by the people. Ethereum could be a good candidate.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
July 20, 2016, 12:34:31 AM
I do not feel bitcoin will disappear because bitcoin will continuous to upgrade and to increase its value and more people are now adopting bitcoin as their other source of income that is why the demand and supply helps bitcoin to be great in the future.

That's what I was thinking to, my guesstimate above was 2070 but in my mind that Bitcoin is impossible to disappear in future as you said btc is upgrading as the time progresses at its raises it's value. Bitcoin would be popular in future it's impossible to disappear. Period.

it is not a thing that can happen over time, because in order for bitcoin to disappear it needs to stop working which means there should be something horribly wrong with the code (which is not possible by the way because it has been reviewed and tested for so many years) and that problem should be un-fixable because any bug can be fixed and we can move on.

I agree since Bitcoin passes all those problems (bug, code problem ) and its resolved already and i think its so hard for now that it would happen again to bitcoin that would make it disappear as of days. Even though its not stable on it price but the system is stable enough to survive for long years.
legendary
Activity: 1946
Merit: 1137
July 20, 2016, 12:26:41 AM
I do not feel bitcoin will disappear because bitcoin will continuous to upgrade and to increase its value and more people are now adopting bitcoin as their other source of income that is why the demand and supply helps bitcoin to be great in the future.

That's what I was thinking to, my guesstimate above was 2070 but in my mind that Bitcoin is impossible to disappear in future as you said btc is upgrading as the time progresses at its raises it's value. Bitcoin would be popular in future it's impossible to disappear. Period.

it is not a thing that can happen over time, because in order for bitcoin to disappear it needs to stop working which means there should be something horribly wrong with the code (which is not possible by the way because it has been reviewed and tested for so many years) and that problem should be un-fixable because any bug can be fixed and we can move on.
legendary
Activity: 3122
Merit: 1140
July 19, 2016, 11:56:42 PM
I do not feel bitcoin will disappear because bitcoin will continuous to upgrade and to increase its value and more people are now adopting bitcoin as their other source of income that is why the demand and supply helps bitcoin to be great in the future.

That's what I was thinking to, my guesstimate above was 2070 but in my mind that Bitcoin is impossible to disappear in future as you said btc is upgrading as the time progresses at its raises it's value. Bitcoin would be popular in future it's impossible to disappear. Period.
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