Topic: In what situation would Bitcoin die? - page 10. (Read 101794 times)
Bitcoin die if there's no more people using bitcoin and if they are totally banned all over the world which is impossible to happen.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
If no one uses bitcoin anymore and world wide ban of internet connections
but i think both is impossible to happen, because bitcoin is one of the good currency in the market and no one can use other currency if bitcoin die, all crypto currency will die.
Support from the group, if the group will quit utilizing bitcoin at all at that point no sense now of it's presence. Bitcoin trades will now have a phantom volumes since no dynamic dealers by any stretch of the imagination, shippers that acknowledges bitcoin will expel bitcoin as one of their installment technique, Bitcointalk discussion will turn into an apparition gathering and numerous more.Good thing no such thing like that will happen to bitcoin so long live. Others alts as of now experienced that less help the group coming about to a withering coins.
I think that if everyone does not buy Bitcoin, when all countries do not agree with Bitcoin, Bitcoin may return to zero, but these conditions are obviously impossible. The value of Bitcoin will attract more investors. Now, open countries like Japan and South Korea have begun to accept Bitcoin.
Bitcoin will disappear on the day when the Internet does not exist. Because bitcoin relies on the Internet to trade, it is remedying the Internet's shortcomings.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
I don't think such type of thing will happen in near future, yes If all the countries will take a legal action over it to ban it in there counties. They it may lost it values may again go down to $10
If our country criminalize it
Bitcoin might die if government of all the countries make it a regulated currency of world. This is a good thing but it is not good for our free bitcoin which is decnhtrazlized currently. The reason is, people or the investors are looking for big time profits here and they do not want the amount of transaction to be limited with regulation and they do not want taxes to be paid for the same bitcoin which is currently free of it. This will result in uninterested fan following of bitcoin losing its value over the time.
Bitcoin will die if people will stop buying it. If the time no one will buy Bitcoin it's value will drop and that's the end of Bitcoin. Btc depends on the investment of people if the demand is low the value will drop. Hoping that btc will survive longer.
Bitcoin might die if government of all the countries make it a regulated currency of world. This is a good thing but it is not good for our free bitcoin which is decnhtrazlized currently. The reason is, people or the investors are looking for big time profits here and they do not want the amount of transaction to be limited with regulation and they do not want taxes to be paid for the same bitcoin which is currently free of it. This will result in uninterested fan following of bitcoin losing its value over the time.
For bitcoin, quantum computers are very dangerous. When quantum computers become more modern, they will violate the security of bitcoin.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Skeptics are discussing the nearest collapse of bitcoin, they say that it was created to serve the drug trade and illegal turnover. But now we are witnessing quite the opposite picture. Bitcoin infrastructure does not collapse, it develops. 
I myself do not know if the bitcoin will die or not. I can not think about the cause of bitcoin death. But as long as bitcoin is still there and used, bitcoin will not die. I will continue to use it until my saturation point. If I have to wait for a dead bitcoin I think it will be very long and hard too. Bitcoin itself is a technology and it will continue to grow.
Perhaps if the internet dies or governments are able to completely scare everyone of us out of it, then the end may come...
In the global perspective, bitcoin is unlikely to collapse, rather, the worst thing that the most famous crypto currency can expect is local correction and stagnation.
and what do you think if not all but most countries will restrict using bitcoin in payments and converting it into fiat money?
So the transaction will be continued in underground and noone will know about even they banned it also. Nothing can stop Bitcoin.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
for the moment it is likely that bitcoin will not die, maybe also until the next 10 years bitcoin will not die and probably will never die, maybe ... !!! because my analysis more and more investors who dare to invest bitcoin so its cause.
In the global perspective, bitcoin is unlikely to collapse, rather, the worst thing that the most famous crypto currency can expect is local correction and stagnation.
and what do you think if not all but most countries will restrict using bitcoin in payments and converting it into fiat money?
Operation on "devaluation" bitcoin is literate and well thought out. This is not some stock-market panic, and in the case of bitcoin, such a concept is generally not applicable.
Compared with traditional assets, bitcoin is less liquid - it is technically more difficult to transfer it into some other currency than stocks and bonds, because of the very large size of its block. This in a sense insures bitcoin from a collapse in a wave of purely emotional fears of investors.
Bitcoin, like any crypto currency, the resource is very volatile. The behavior of bitcoin is still poorly understood and therefore difficult to predict - it would not be entirely accurate to conduct complete analogies with the behavior of other exchange-traded instruments.
In the global perspective, bitcoin is unlikely to collapse, rather, the worst thing that the most famous crypto currency can expect is local correction and stagnation.
Jump to: