Bitcoin can disappear? - page 41. | Bitcointalksearch.org

mishra1994

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Quote from: ObscureBean on July 18, 2016, 01:08:47 AM

Quote from: realm on July 17, 2016, 04:08:30 PM

Yes bitcoin can disappear, however its technology can't! Blockchains are here to stay. To me it doesn't matter if it's named bitcoin or whatever else, as long people keep using the internet for their transactions there will always be a need for some kind of cryptocurrency.

I agree. It cannot be determined with certainty that Bitcoin will survive the test of time, there are still plenty of issues that need to be addressed before it can even aspire to reach mainstream status. Blockchain technology on the other hand is unlikely to disappear any time soon because the underlying theory is extremely sound.

Yes it can happen but i hope it doesnt happen until i am alive.
I just love bitcoin earn some in bitcoins gamble with bitcoins and if bitcoin dissapears i will be nowhere ..

ObscureBean

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Quote from: realm on July 17, 2016, 04:08:30 PM

Yes bitcoin can disappear, however its technology can't! Blockchains are here to stay. To me it doesn't matter if it's named bitcoin or whatever else, as long people keep using the internet for their transactions there will always be a need for some kind of cryptocurrency.

I agree. It cannot be determined with certainty that Bitcoin will survive the test of time, there are still plenty of issues that need to be addressed before it can even aspire to reach mainstream status. Blockchain technology on the other hand is unlikely to disappear any time soon because the underlying theory is extremely sound.

ErnieRox

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Novus ordo seclorum

not gonna happen satoshi is here to stay!

Enotche

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Assuming that criminal penalties will be introduced in all countries of the world for the use of cryptocurrency, then disappear "target audience", and with it themselves cryptocurrency. But as long as the ratio in different countries is different - somewhere prohibit (eg, Russia), where a state contrary promotes its use (for example, in Iceland, Singapore). So in the short term is unlikely disappearance.

vero

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Quote from: jamesl22 on May 31, 2016, 01:33:04 PM

Quote from: vero on May 31, 2016, 01:20:35 PM

it's all possible if the price of bitcoin fell to its lowest point and when many people suffered losses certainly will not be much interested in bitcoin but I think it is difficult to happen.

If price falls it will rise again, and its not new in bitcoin, but people who will get panic with price falls will surely quit bitcoin, and those who have faith in potential of bitcoin will stay with it forever.

even the price of bitcoin fall down to deep area, you will hold for no reason, i dont think that a smart way and maybe will make you losing much money.

realm

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Yes bitcoin can disappear, however its technology can't! Blockchains are here to stay. To me it doesn't matter if it's named bitcoin or whatever else, as long people keep using the internet for their transactions there will always be a need for some kind of cryptocurrency.

angaper

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Even in the worst scenarios where bitcoin protocols were hacked and its price drops to 0.01, the bitcoin ecosystem will remain forever because the blockchain has many other possibilities to survive and provide useful advances in digital technology.

AioFox

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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?

Bitcoin is not a scam, that really needs to be pointed out. If it was then it would be the biggest scam to be ever pulled globally. Companies like Microsoft and Steam would have gained nothing through acceting Bitcoin as a means of payment. The only risk they could fear is the liquidity; i doubt Bitcoin would ever dissapear even if the price would go down.

Kazadar

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If bitcoin was a scam it actually wouldnt matter as the only value BTC has is what people are willing to pay for it.
It could be monopoly money and it wouldnt matter as long as there is agreement that they are worth something.

lionheart78

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I think Bitcoin will stay for a very long time. It will only become obsolete but will never disappear.

Bitcoin is not intended to scam people, it is a intended to use as currency. Bad people see the opportunity to scam people of their money by enticing them to some scammy scheme and using bitcoin as bait. It wasn't bitcoin fault but those bad guy taking advantage of ignorant people who were fueled by greed to jump in a scam plan.

bitbunnny

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Well, the amount of Bitcoin is limited but I don't think that this also means that it can disappear. Except that something unexpected happens, like some regulation that will ruin Bitcoin in total or some big incident on cryptocurency financial market.

smho_16

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Quote from: Blawpaw on July 17, 2016, 12:39:25 PM

Of course, that Bitcoin can disappear; however I don't believe that it happen... Even if governments forbid its use, there will always be someone that will use it.

It will not disappear. Even if the governments forbid it like you say, the governments is not that can do anything big to the dark net where many of the bitcoin transactions are happening. Sure the government can shut down websites like Silk Road but meanwhile other websites like it are coming out almost everyday. So it will not disappear.

PokerFace3

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Quote from: Blawpaw on July 17, 2016, 12:39:25 PM

Of course, that Bitcoin can disappear; however I don't believe that it happen... Even if governments forbid its use, there will always be someone that will use it.

Well anything can happen but bitcoins disappearing !!! I can't imaginee that happening. Bitcoins are the new age currency and it is here to stay. Even if it is made illegal many people will be able to use it.

Blawpaw

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Of course, that Bitcoin can disappear; however I don't believe that it happen... Even if governments forbid its use, there will always be someone that will use it.

kryptqnick

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I don't think btc is a scam. However, it can sort of dissappear if people stop mining and using it

quentincole32

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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?

of course bitcoin can dissapear,but i think bitcoin will scamming us,its will never happen,bitcoin already become a good crypto,for payment and investment,its have success,why are you think bitcoin can scamming us?

peta4e

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Quote from: prtty2gal2 on July 02, 2016, 11:50:16 AM

Quote from: greatr on July 02, 2016, 08:21:09 AM

Quote from: 23dzmaz on July 02, 2016, 07:56:52 AM

I think bitcoin will not disappear, but someday people will not use bitcoin anymore and it become disappear or forgotten and we don't know when is it happen.

bitcoin surely wont disappear, there will always be people who will be curious to use bitcoins all the time and i think that in this way it is a definite thing that bitcoin will not be gone

i think that it is usually a safe thing to use bitcoins and to hold it all because it is impossible for bitcoins to be worthless or disappear any time soon, in this way im safe with my money

As of right now, the possibility of bitcoin disappearing is near impossible but it's not impossible because there will always be a slightest chance of bitcoin disappearing with whatever unknown possibility. But it's not something that we have to worry about right now since bitcoin is just getting more and more support and adoption.

It may be holding lower price in future but I don't it will completely disappear, it will always show its presence but at this stage I don't think that we should waste our time in thinking that.

zigzag007

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Bitcoin is here to stay...the future value who knows.

prtty2gal2

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Quote from: greatr on July 02, 2016, 08:21:09 AM

Quote from: 23dzmaz on July 02, 2016, 07:56:52 AM

I think bitcoin will not disappear, but someday people will not use bitcoin anymore and it become disappear or forgotten and we don't know when is it happen.

bitcoin surely wont disappear, there will always be people who will be curious to use bitcoins all the time and i think that in this way it is a definite thing that bitcoin will not be gone

i think that it is usually a safe thing to use bitcoins and to hold it all because it is impossible for bitcoins to be worthless or disappear any time soon, in this way im safe with my money

As of right now, the possibility of bitcoin disappearing is near impossible but it's not impossible because there will always be a slightest chance of bitcoin disappearing with whatever unknown possibility. But it's not something that we have to worry about right now since bitcoin is just getting more and more support and adoption.

crairezx20

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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?

I think we dont know what will happen in bitcoin but its hard to imagine that bitcoin will be disappear.because if you thinki it well bitcoin is gradually growing and more company and stores are accepting bitcoin as payment..
But if it will happen in the future and scam people should be panic because their waste their money .. in bitcoin that they didnt know they will lose their money for nothing..

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