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Topic: How do you think bitcoin will be wiped out? - page 2. (Read 1467 times)

jr. member
Activity: 52
Merit: 10
November 01, 2017, 03:17:03 AM
#65
Bitcoin, which undermines the monopoly of states to issue money and prevents them from manipulating the economy in favor of those in power, is increasingly irritating the governments of many countries.
That is why sooner or later governments will bring down bitcoin.
full member
Activity: 269
Merit: 102
November 01, 2017, 03:04:52 AM
#64
I think I better answer a question that goes like how to become very rich with bitcoin than one with so much pessimism like this. Bitcoin will not be wiped out because people are still trusting bitcoin. It is going to be stronger on the contrary. Perhaps it will reach half a million or even a million US dollars first before it will finally succumb to so much pressure from all sides.
full member
Activity: 616
Merit: 102
November 01, 2017, 02:56:52 AM
#63
I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...??  Huh

If all people will not use bitcoin then that's the end of bitcoin.  Grin
I doubt bitcoin will die.  Grin however if it really happen then cryptocurrency will die. All bitcoiners will go back to the way it used to be. No more extra income for me and to everyone etc.
member
Activity: 546
Merit: 17
I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...??  Huh
I do not think bitcoin will disappear and will not be deleted for now. unless there is a lot of chaos and some other. Even if it happens they just need to turn off all internet channels forever. But for me for now there will not be anything like this, if it happens only the government can do it because the government plays an important role in all this.
hero member
Activity: 1372
Merit: 500

I see it more as becoming redundant if we progress with AI technology as predicted at some point the need to transact in money of any kind would have little meaning to a form of super AI which would be able to organise world resources in superior ways. AI likely would collaborate with other AI almost instantly. Trade happens now because people disagree, money is needed for trade.
member
Activity: 126
Merit: 10
I don't think bitcoin will be wiped out now because many people are mining and using bitcoin now. I think it will only be wiped out if you remove the internet connection in the world which is impossible or if "ALL" of the bitcoin users stop using bitcoin. Maybe in 50 years, it will be replaced but now wipe out.
I don't figure bitcoin will be wiped out now in light of the fact that many individuals are mining and utilizing bitcoin now. I figure it may be wiped out on the off chance that you evacuate the web association on the planet which is unthinkable or assuming "ALL" of the bitcoin clients quit utilizing bitcoin. Possibly in 50 years, it will be supplanted yet now wipe out
legendary
Activity: 2576
Merit: 1043
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I don't think bitcoin will be wiped out now because many people are mining and using bitcoin now. I think it will only be wiped out if you remove the internet connection in the world which is impossible or if "ALL" of the bitcoin users stop using bitcoin. Maybe in 50 years, it will be replaced but now wipe out.
full member
Activity: 308
Merit: 100
Near by days i heard that famous chase bank CEO Jamie Dimon says that soon or later they are going to introduce their own crypto currency which is more sustainable then bitcoin. This cripto will be one of the main opponent for bitcoin. If bitcoin doesn't respond over this crypto currency, then the consequences may needed to face them. sometimes there is is chance for wipe out bitcoin also......
full member
Activity: 630
Merit: 130
There are many possible things to happen if bitcoin wiped out like lost of opportunity to others, lost of possible extra income.
Bitcoin can be wiped out if the users use this in a crime, if the users use this in bad way. There is no harm in doing bitcoin but if you use it in a wrong way no one will ever put a trust on this. No one will ever support this. The life of the bitcoin is in the hand of the users. So if we use bitcoin in a wiser way, bitcoin will never end , bitcoin will stay and continue to help in changing the pace of our lives.
newbie
Activity: 43
Merit: 0
Wipe of bitcoins is very impossible happen, many country and people support them. Bitcoins is like a water of river with no end, no man can predect that the bitcoins wipe.
hero member
Activity: 2926
Merit: 722
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I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...??  Huh

That's one trillion times impossible.. I don't think your just thinking negatively or you might be on something else,, if your dreaming it might be a nightmare already.. Bitcoin will not be gone and it will still be on circulation all your life.. It might be replaceable on its place on top but for thinking about its extinction will not be happening as long internet in the world is on..
It cant really virtually wiped out since its been already on the circulation on thousands or millions of bitcoin users and as you said as long internet is still there it cant be wipe out but the possible thing that would happen is that it can be replaced by something new which people lost its interest on bitcoin. Possibilities is always there since nothing on this world do exist forever into its place.
sr. member
Activity: 350
Merit: 250
I think that now, seven years after the creation of bitcoin, it is impossible to destroy it. Too many people are involved in its functioning, it spread too widely around the world. Bitcoin is not just a set of numbers and codes, it is involved in production, in markets, it is implemented in a variety of industries in the world. He is sufficiently entrenched in the system of the world economy to simply disappear.
Very honestly i think that the posibalities are always there, because no one can be 100% sure about bitcoin, and i think we already have good experience in past, therefore we cannot anything for sure. but still we can expect that bitcoin will remain as for a long long time time because currently the uses of bitcoin are increasing from time to time which is making bitcoin more powerful and stronger.
full member
Activity: 170
Merit: 100
I think that now, seven years after the creation of bitcoin, it is impossible to destroy it. Too many people are involved in its functioning, it spread too widely around the world. Bitcoin is not just a set of numbers and codes, it is involved in production, in markets, it is implemented in a variety of industries in the world. He is sufficiently entrenched in the system of the world economy to simply disappear.
hero member
Activity: 882
Merit: 500
I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...??  Huh
Why you are thinking in this way of doubtful way , I don't understand at all . Here you should be careful that with which thing you are going .
Here no doubt that bitcoin is written data in the online internet but with this you should know correctly that it is that technology with which many banking industry are fully attracted and want to accept the technology of bitcoin blockchain .
So you can understand well that how much the system of blockchain is stable and much more safer than banking system .
So here in bitcoin you are much safer than banking sector services to put your money .
And if anything will be chnaces to get down of bitcoin then the team of the bitcoin will nominate another coin to play the role of btc , so we have full chance to have everything with bitcoin fully safe .
full member
Activity: 532
Merit: 103
Why should this question be raised when there is a stable and a massive growth of BTC in the current market and slowly every government is accepting it into their region? I wish altcoins should rule the market very soon.
newbie
Activity: 109
Merit: 0
I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...??  Huh

I do not think so.
Most likely bitcoin will change. Will become cheaper to operate. It is more convenient for business users and ordinary consumers.

And if this does not happen and bitcoin is frozen in place, then it is doomed.

And if bitcoin disappears, then gamers will get out. As the market will be a lot of cheap video cards. But seriously, all those who kept the bitcoins will be left with nothing.
sr. member
Activity: 686
Merit: 253
I think it's impossible. Bitcoin can only be harmed by a quantum computer. But by the time he appears - the guys from Bitcoin Core will come up with something to avoid this.

I guess they'd develop quantum Bitcoin then , with that Saudi don't think Bitcoin can be wiped out unless there's a global abandonment of it and that something I strongly doubt because it's getting popular every day and people like it and have invested in it.
member
Activity: 84
Merit: 10
I do not think it can be completely deleted. It can be severely crippled. We have seen what happened to China. This is for Anonymous Decent Countries. You can imagine how the cost of bitcoin will decrease after the exchange started in Japan and the United States. I will not say that it will happen. Because crypto coins will be reduced.
full member
Activity: 798
Merit: 116
I think it's impossible. Bitcoin can only be harmed by a quantum computer. But by the time he appears - the guys from Bitcoin Core will come up with something to avoid this.
full member
Activity: 364
Merit: 100
I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...??  Huh
I still believe that bitcoin will still exist and will continue to grow, but if what you mention is true it is a risk in investment, similar to the work also there are risks, we are fired from the workplace.
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