because bitcoin uses it because they might find life because bitcoin becomes eligal in the Philippines
Topic: In what situation would Bitcoin die? - page 15. (Read 101794 times)
people's trust in bitcoin, is hard to get rid of
Although the media always provide negative news about bitcoin, but until now there is no effect at all on bitcoin, even trust began to increase. and the number of investors also increased.
What can destroy bitoin is, if confidence in bitcoin has been lost, as long as many believe bitcoin, bitcoin will still exist.
Although the media always provide negative news about bitcoin, but until now there is no effect at all on bitcoin, even trust began to increase. and the number of investors also increased.
What can destroy bitoin is, if confidence in bitcoin has been lost, as long as many believe bitcoin, bitcoin will still exist.
Bitcoin dying is not caused by forum posts announcing that it is dead, because we get those on a daily basis. Bitcoin was invented by an independent citizen and he made it on digital basis, so if some countries are banning bitcoin even then the growth and power of bitcoin will not die completely and if no internet there.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin will die if bitcoin users leave bitcoin, the less bitcoin users will lower the bitcoin price. And when the bitcoin price gets to zero, bitcoin is dead.
Even if Bitcoin was $0.00 the transactions of the coins would remain active. When or if Bitcoin reaches that price then people would have the choice to either pay for things with Bitcoin decimals or using another barter product. For the price reaching $0.00 another type of payment would get released by a higher class individual/individuals and digital transactions would get used a bunch more than it is right now.
Bitcoin would die if the whole system just stopped functioning (Blockchain doesn't have any new confirmations, the wallets won't sync, etc).
Bitcoin would die if the whole system just stopped functioning (Blockchain doesn't have any new confirmations, the wallets won't sync, etc).
If goverments were to shut down all exchanges things would not look good I believe that's one major worry but in saying that governments have realised fiat is old outdated bank transactions can take for ever and blockchain technology works .
I think bitcoin will die on the day that no one is trusting it anymore and on the day that the governments will reject
It is a very tough question that Bitcoin will ever die or not.but it is not impossible that Bitcoin will die since people all over the world invest in Bitcoin and Bitcoin price increases then I think if people stops investing in Bitcoin and using Bitcoin,Bitcoin price will decreases and one day Bitcoin will finish.
Bitcoin would die if everyone will stop using bitcoin and if everyone will stop investing in bitcoin and if there's new currency comes up which is much better than bitcoin. Bitcoin would also die if all countries will ban bitcoin permanently and if there will be no more internet connection worldwide.
in my opinion about the end of bitcoin if the entire internet world network is dead, bitcoin will end.
For me the situation of bitcoin die if all people stop to believe in bitcoin that is one reason bitcoin die.
I believe that Bitcoin will die if the Internet is gone. Since it's a digital crypto-currency, so basically. it needs the Internet so it can be used. and without the Internet, there will no Bitcoin too. and also, if Bitcoin is no longer needed, it will eventually die.
This is will be very rare and a serious issue.unless there is a massive attack on the entire cryptocurrency market.
Moreover the breakdown of internet can also affect bitcoin but i'm very relunctant something like this can happen.
Moreover the breakdown of internet can also affect bitcoin but i'm very relunctant something like this can happen.
It may die when the government ban all of crypto currencies because i think government has a true power to destroy it. Bitcoin can actually die if no one supporting it.
I don’t think so because bitcoin is an independent currency and it has made its own recognition that no government is going to have to the authorities to ban it until they make it legal. bitcoin was invented by an independent citizen and he made it on digital basis, so if some countries are banning bitcoin even then the growth and power of bitcoin will not die completely, it use to increase and decrease with demand and supply but it can never be end but now price is again increasing and soon we will see bitcoin as most expensive currency of the world. How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
So many times it has been told that bitcoin is going to be dead but in my opinion it will be surly not. As bitcoin will solve its technical shortfalls or loop holes it will become more popular, as other crypto currency are providing the solution where bitcoin lacks. Actually it depends on the users/investors for its sustainability and accordingly government think. If people lose faith in the security of the network for one reason or another then bitcoin could die. no matter how many times i look at the numbers i always have this idea in my head that an address could finally be cracked with a super computer ie one of satoshis old addresses, this would obviously be catastrophic . Maybe after years of not achieving mass adoption price will slowly taper off and die, to me this is the most likely case.
Maybe few years from now but if more people interested bitcoin currency and lot of them want to learn and to be trained it will stay long.
Possibly when without the internet, technology and electricity the bitcoin would die. Because blockchain technology must be in online system by the used of computer technology, as we observed bitcoin is a digital currency.
There is tons of ways make bitcoin to die.
For example
People will stop use it at all
Banning in all places
Changing the bitcoin structure
Etc.
But for now I think no factors make it not valueable.
Bitcoin is popular and strong now future is there in terms of transaction and currency. It will not replace but it will be an alternative to fiat and another way of job/investments
For example
People will stop use it at all
Banning in all places
Changing the bitcoin structure
Etc.
But for now I think no factors make it not valueable.
Bitcoin is popular and strong now future is there in terms of transaction and currency. It will not replace but it will be an alternative to fiat and another way of job/investments
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
I think it's hard to stop cryiptocurrency and while the internet tools there is still cryiptocurrency there too.maybe the bitcoin will end with if the bitcoin does not produce again that's what I'm gonna worry about. if bitcoin has no value automatically all those who invest in bitcoin world will run like a language first in love and admire now become hate.
my hopes of bitcoin world will always go forward and more and more countries are joining and accepting it. including in Indonesia .
In a situation where no body buy and sell neither mining or treading bitcoin than it will die forever and other cryptocurrency will be affected same.
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