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Topic: If Bitcoin stops........ - page 20. (Read 4092 times)

full member
Activity: 224
Merit: 101
November 30, 2017, 06:48:45 AM
#53
BTC in this moment has an huge impact on the community and the entire world because it has a value, what would happen if the price of BTC will drop to 0 and stay at 0 forever? how many would abandon the ship? 95% of the people i would say because there is no gain or value anymore, in this case, BTC will go back to the starting point where, only the people interested in the blockchain, the technology behind and the project Satoshi has created.
At this point, there will be someone who will find a different use of the blockchain and the story will repeat itself with a different name, different purpose but the core technology is here to stay.
Banning? will not happen, think about torrent, p2p and so on, they are keep trying to ban/block it but it doesn't work, it just doesn't due to the nature of the protocol: decentralization, there is no head quarter to shut down.. if you want to shut it down completely you have to close internet, easy as that!
member
Activity: 1288
Merit: 11
FULLY FUNCTIONAL PRODUCT SOLVING A GLOBAL PROBLEM
November 30, 2017, 06:40:28 AM
#52
Quote
I do not know what will happen if until bitcoin stops, the possibility of group members here who invest and the inpestor will incur losses.provided that bitcoin users always use it and its users are increasing and also bitcoin prices remain unstable most likely bitcoin will exist forever, to support it I think should keep the good name of this gerup and build this group together.

I seem to agree with you on one count which is about the utility aspect. As long as our community can work on bringing in more products convenient for end user, btc should go on for a long time to come.
full member
Activity: 606
Merit: 108
November 29, 2017, 11:48:50 AM
#51
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?
I do not know what will happen if until bitcoin stops, the possibility of group members here who invest and the inpestor will incur losses.provided that bitcoin users always use it and its users are increasing and also bitcoin prices remain unstable most likely bitcoin will exist forever, to support it I think should keep the good name of this gerup and build this group together.
full member
Activity: 238
Merit: 100
November 29, 2017, 11:47:58 AM
#50
I can not find any reason that can stop bitcoin
hero member
Activity: 1610
Merit: 507
November 29, 2017, 11:28:01 AM
#49
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?

what do you mean stops? is it people stopping from using bitcoin and abandon bitcoin while the price is in higher price like now? I don't think so, I don't think that people will stop from using bitcoin and leave bitcoin alone because bitcoin is mean for us and we are still wanted to use bitcoin for any purposes. But if bitcoin stops, then like I said before, people will leave their bitcoin without any plan to using bitcoin again and they will ignore bitcoin because bitcoin doesn't have any value anymore.
full member
Activity: 294
Merit: 100
November 29, 2017, 11:14:34 AM
#48
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?
I don't think anyone is capable to stop bitcoin.Bitcoin is p2p just like torrent,email etc.No one can stop torrent,email.Similarly no one can stop bitcoin.If they want to stop bitcoin they have to really turn off all the computers running full node of bitcoin blockchain and that is impossible task to do.If by stop you mean bitcoin price falls down and people lose their investment then that is not going to happen.Bitcoin price may fall a bit due to correction but only weak hands will lose their money and long term hodlers don't have to worry because they hodl bitcoins for long and in long term bitcoin price always rise. Cheesy
member
Activity: 238
Merit: 57
November 29, 2017, 11:04:47 AM
#47
To stop bitcoin we need stop all mining farms, close exchanges, block crypto in a large number of countries. It's very hard to do

Actually its enough if you stop all miners and there you cant move your coins from wallet to wallet or wallet to exchange .
I figure bitcoin won't stop, and no one can stop it, bitcoin won't be justified, despite all the trouble if everybody does not utilize bitcoin, but rather these days many individuals are utilizing bitcoin, so it's unthinkable if bitcoin will stop
member
Activity: 238
Merit: 57
November 29, 2017, 11:02:59 AM
#46
To stop bitcoin we need stop all mining farms, close exchanges, block crypto in a large number of countries. It's very hard to do

Actually its enough if you stop all miners and there you cant move your coins from wallet to wallet or wallet to exchange .
I figure bitcoin won't stop, and no one can stop it, bitcoin won't be justified, despite all the trouble if everybody does not utilize bitcoin, but rather these days many individuals are utilizing bitcoin, so it's unthinkable if bitcoin will stop
sr. member
Activity: 630
Merit: 256
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November 29, 2017, 10:58:35 AM
#45
If bitcoin stops some other currency will took its place. In this ever-changing world nothing remains constant. Currently there are 1000+ cryptocurrencies operating. Indonesia is putting complete ban on bitcoin from 1st November. China has already banned and decided to regulate bitcoins functions. Australia has decided to regulate bitcoin due to some security reasons. Even after so many negative news coming one after another, bitcoin has crossed $10600 mark. Who is going to stop bitcoin....Huh
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
November 29, 2017, 10:52:10 AM
#44
If bitcoin stops some other currency will took its place. In this ever-changing world nothing remains constant. Currently there are 1000+ cryptocurrencies operating. Indonesia is putting complete ban on bitcoin from 1st November. China has already banned and decided to regulate bitcoins functions. Australia has decided to regulate bitcoin due to some security reasons. Even after so many negative news coming one after another, bitcoin has crossed $10600 mark. Who is going to stop bitcoin....Huh
full member
Activity: 798
Merit: 121
November 29, 2017, 10:36:44 AM
#43
hardly it will happen any time soon
Its hard to accept if they happen so many people cried if bitcoin has stop. If bitcoin stop our dream to become successful will fall down. Its so hard if they happen to us.
sr. member
Activity: 448
Merit: 251
November 29, 2017, 10:21:30 AM
#42
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?

No one can support it, only the government can support it if they legalize it, if not one day it will surely stop if all country government declare it as illegal to use it.

And in order that the government took it they need something to keep track of translations for report in the tax. Otherwise, all the officials will start to convert bitcoins and the level of corruption will grow significantly
sr. member
Activity: 882
Merit: 297
November 29, 2017, 10:05:30 AM
#41
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?

No one can support it, only the government can support it if they legalize it, if not one day it will surely stop if all country government declare it as illegal to use it.
legendary
Activity: 2383
Merit: 1551
dogs are cute.
November 29, 2017, 09:49:43 AM
#40
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?
Let me crack some sense into you: Bitcoin cannot stop?  The market forces determine on what should be the state of it. Bitcoin is basically governed by the code and market forces similar to the laissez-faire system wherein the people are the ones who create the demand, the people are the ones who create supply and set the prices, basically a peer to peer system with Jo government control involved whatsoever.
sr. member
Activity: 1022
Merit: 264
November 29, 2017, 09:08:36 AM
#39
To stop bitcoin we need stop all mining farms, close exchanges, block crypto in a large number of countries. It's very hard to do

Actually its enough if you stop all miners and there you cant move your coins from wallet to wallet or wallet to exchange .
newbie
Activity: 238
Merit: 0
November 29, 2017, 09:06:43 AM
#38
If the bitcoap is closed then many problems will be scaled. And why Bitcoin will stop. This is a successful business. So I think it should not be stopped.
member
Activity: 446
Merit: 13
November 29, 2017, 08:56:15 AM
#37
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?

Hi there ProphetDaniel! I hope you are not the prophet of death. First of all I clearly read the word “IF” which you mean even in unimaginable circumstance happened. What could definitely stop bitcoin is the global ban of cryptocurrency and whole blockchain network went down or froze. All those scenario could happen and even the internet could be stop from upstreaming and down streaming when the electricity of all the world turns down. Which is also unlikely to happen aside from an asteroid from hit the earth and a global wipe out. Anyway, I cant just imagine how that will happened.    Wink
full member
Activity: 1442
Merit: 108
November 29, 2017, 08:49:12 AM
#36
Here are some of the facts that will help you:
1) Bitcoin is already legalized in some countries. In case, it gets banned in your country, you can transfer the bitcoins to the exchange present in those countries.
2) Only way this can stop is if there is worldwide decision for doing so in all governments.
3) In case it happens, this will affect all other cryptocurrencies and lot of people here will loose a lot of money.
full member
Activity: 364
Merit: 100
November 29, 2017, 08:40:13 AM
#35
What if bitcoin stops? What will gonna happen to the members of this group? What will happen to their investments? Is this forever? How to support this group in order not to stop...?

I think it is really impossible to be happen. But in case that bitcoin will stop then a lot of people will be affected because many of us is now dependent since they make bitcoin as one of their source of income and I am one of them. So I always work hard to earn bitcoin and I am wishing that it wouldn't be possible.
full member
Activity: 490
Merit: 100
November 29, 2017, 08:38:46 AM
#34
I don't think bitcoin will stop, so difficult to happen because bitcoin is decentralization, impossible for bitcoin users to stop use, earn or mining bitcoin simultaneously.. don't worry about it, bitcoin will survive for a long time..
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