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Topic: Death of Bitcoin - page 2. (Read 1195 times)

full member
Activity: 296
Merit: 100
October 20, 2017, 01:38:03 PM
#58
They should know that today bitcoin is becoming very popular.
so Bitcoin will never die, because Bitcoin has been seen until now, the price is very high, because the demand is very much in the community,
member
Activity: 74
Merit: 10
October 20, 2017, 11:27:50 AM
#57
lol "Death of Bitcoin. I thought that Dimon wrote this topic.
If we erase Bitcoin right now nothing will change.
The world is already changed.
full member
Activity: 502
Merit: 100
October 20, 2017, 11:05:08 AM
#56
impossible if bitcoin really dead. bitcoin to date has been popular and bitcoin users have spread all over the world. and it will increase market demand. the higher the bitcoin market demand the harder it is to die
Yeah, that's very imposible, especially now that bitcoin was so famous. Many people now adays using bitcoin, so i think it will not happen as long as many people are using bitcoin . Bitcoin is with us today and in the future.
member
Activity: 112
Merit: 100
October 20, 2017, 10:42:02 AM
#55
I don't think that the developers will do that. You are free to express your opinion but I think I disagree with it. The developers won't let bitcoin die because a lot of people are laying their lucks and earns here. It won't die only because the developers won't maintain and upgrade the system. Bitcoin's rival/killer will be the worldwide internet shutdowns or world war. The technologies will stop and no one can use bitcoin ever again. But for me no one can beat bitcoin.
hero member
Activity: 826
Merit: 529
October 20, 2017, 10:25:08 AM
#54
Though Bitcoin is getting popular day by day it is becoming also a concerning issue for many people. I think Bitcoin is totally dependent on the Internet system. So Bitcoin can die only for the technical problem. If any other technology would be a threaten for this system so only technology can be a rival for Bitcoin.
Since Bitcoin is maintained by the core developers and unique code system so that Bitcoin would be a safe currency, so far we have observed that Bitcoin is not going to die very soon and it will not be dead system for good.
hero member
Activity: 672
Merit: 500
October 20, 2017, 08:56:53 AM
#53
Not really, you need to know where all there will be next generation Smiley
So how the bitcoin will die, there are still many trips that must be taken now for the development of bitcoin in the future of course all that has been prepared from now on.
Bitcoin is maintaining and updating by core developers as well next generation developers. So it’s not possible that all the developers left developing bitcoin at a time. Bitcoin is going popular day by day because it unique characteristics. If a group of developers stop updating bitcoin, on other end a billions of developers are interested in bitcoin.
member
Activity: 63
Merit: 10
October 20, 2017, 01:57:25 AM
#52
Till now there is no essence of degradation or death of bitcoin as developers keep saving them and developing it though they happen to left over there are ample of developers left still to continue such processes
sr. member
Activity: 434
Merit: 250
October 20, 2017, 01:36:34 AM
#51
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?
While there will be demand for the life of bitcoin, and the developers have nothing to do with it, they have created a mechanism that can be maintained without them. Therefore, I see no problems.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
October 20, 2017, 01:31:36 AM
#50
This seems unlikely...even if the original core developers stopped doing anything with bitcoin others would take their place simply due to bitcoin's popularity and the availability of the source code. Even if the bitcoin popularity and development declined significantly it would not really die because the blockchain and ability to make transactions would still be there as long as we have the Internet. The only thing that would happen in such a case is that there would be fewer transactions taking place and the value of each BTC may decrease as demand decreases.
in my opinion the death of bitcoin will occur when the people around the globe stop accepting bitcoin as their regular and legal currency, or the other cause is the availability if there is no bitcoin available in the market, what will people buy? But I am sure it will never happen because lots of people are there in this market and they will never let bitcoin die because of the benefits they receive.
sr. member
Activity: 584
Merit: 256
October 19, 2017, 11:59:39 PM
#49
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?
Why did you think that way?
Do you know that core developer has any legitimate or not?
I believe Bitcoin is running with a great system and that is fully automated, that is why I also believe that Bitcoin will not die very soon due to death of its developers.
hero member
Activity: 854
Merit: 501
October 19, 2017, 11:53:39 PM
#48
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?
Yes I agree with you but it is not only the developers and miners. People make something for sale in the market but if there is no customers then the production of that thing is totally lose. Therefore I think people all over the world also the main cause who have kept bitcoin alive.

If the investment becomes zero today, the death of bitcoin occurs the same day. So I think that all the people who are involved in bitcoin keep bitcoin alive.
sr. member
Activity: 364
Merit: 250
October 19, 2017, 11:34:31 PM
#47
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

There are lots of developers that can take their place in maintaining, developing and upgrading btc system. There's no way btc will die even if the pioneer core developers no longer exist. Besides, how will those developers thay cause hardforks do some upgrades if they don't know how btc system works, right?
legendary
Activity: 2618
Merit: 1105
October 19, 2017, 12:17:41 PM
#46
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

Agree that Bitcoin gets maintained by Core Developers, but why do you think that it might "die"?
Bitcoin is an open-source project and all the material related to it is available on github for developers to be able to do anything with its properties.
Don't you think these Bitcoin Cash and Bitcoin Gold coins must have that open-source code used in it to be called "Bitcoin" before their alternative names?
Even if they stop maintaining the system, the base is too much firm that contains many more reputed developers who would take over the project to continue developing it in the future and add upgrades eventually. Don't be too scared, when a "bulb" was invented, did it stop there only? We now have LED lights available for some great brightness at less expenditure (electricity consumption).
hero member
Activity: 798
Merit: 500
October 19, 2017, 12:16:45 PM
#45
I think Bitcoin will never die, because Bitcoin has been seen until now, the price is so high, so Bitcoin will not die, because the demand is so much in the community, only fools think Bitcoin will die, or they do not want to see Bitcoin grow in society .
member
Activity: 81
Merit: 10
October 19, 2017, 11:37:54 AM
#44
this question leads another question, why should the core developers wanna stop maintaining and developing the system till make bitcoin dies?
they have to know that nowadays bitcoin becomes so popular. if they do this, it certainly makes users of bitcoin all over the world feel disappointed. and I am the one who disagree and don't want bitcoin dies nearly time.
sr. member
Activity: 288
Merit: 250
October 19, 2017, 11:35:10 AM
#43
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

As what other people says, there are a lots of supporters and developers of bitcoin which is impossible to abandon the project. we cant see them abandon it at the same time so if 1 developers quit for his job then there's a lot more and also more aspirants to be one of the developer of bitcoin.
Bitcoin is a remarkable advancement, and not everyone knows.
in my country people do not yet know how to use Bitcoin.
and I'm sure the future is very bright, and bitcoin will be the world's currency and everyone uses it.
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
October 19, 2017, 11:25:33 AM
#42
In my opinion, bitcoin will never die and will even grow more fertile.
Several times bitcoin has fallen with various problems but bitcoin continues to show its existence, by sharing growth and growing rapidly, bitcoin is the latest economic form.
full member
Activity: 756
Merit: 103
October 19, 2017, 10:56:38 AM
#41
Bitcoin is now strong and it is becoming more strong everyday as the price is too  high. There are lots of Developers who can develop the Bitcoin later on, so no need to be concerned about that, just focus purchasing Bitcoin.

This is an probability to generate income from Bitcoin and it is really showing without any questions. Atlast you see a lot of cash that are centered on Bitcoin pockets so their will be undoubtedly for upcoming dispose of.
newbie
Activity: 42
Merit: 0
October 19, 2017, 09:27:31 AM
#40
It's never gonna happen
sr. member
Activity: 322
Merit: 250
October 19, 2017, 09:24:52 AM
#39
bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?

You know what, the bitcoin core is not only maintained by handful of developers because that has been the case, the numbers would have swallowed them and even make bitcoin core a thing of the past but the issue is that beyond them a lot of individuals have keyed into that dream. Satoshi is no longer in the picture but the dream is still being carried on which means even if the core developers are no longer there, bitcoin will still continue to survive because a lot of new people come in everyday.
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