Topic: In what situation would Bitcoin die? - page 17. (Read 101822 times)
We all know that the biggest influence of bitcoin development is exchanges, it makes the exchanges as life in bitcoin so that if there is no exchanges then bitcoin immediately die, because people can not trade as it is now.
Bitcoin will die because of the bann imposed on it and its fluctuating values. This result in people loosing their interest and soon bitcoin will be dead.
there are no situation bitcoin will die even the creator of bitcoin they would stop it because many people are getting curious about btc and btc is gaining more popular in any country so there is no possibility that bitcoin will die, erase, gone, disappear in markets many people even me are believe that bitcoin will rise up and all people will amaze on it.
There is actually one, as you know, if there is no internet, bitcoin disappears as well. Because blockchain can't work without internet and it's amust for ongoing system in bitcoin transfers.
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 .
Bitcoin will probably die if all countries will totally ban bitcoin but it's impossible that bitcoin will die because there are still lot of people who are interested to invest in bitcoin.And there are still many countries supported bitcoin.
If people will lose interest in bitcoin and dont invest in it, it will eventually die. But i hope it will not.
there are no situation bitcoin will die even the creator of bitcoin they would stop it because many people are getting curious about btc and btc is gaining more popular in any country so there is no possibility that bitcoin will die, erase, gone, disappear in markets many people even me are believe that bitcoin will rise up and all people will amaze on it.
There is actually one, as you know, if there is no internet, bitcoin disappears as well. Because blockchain can't work without internet and it's amust for ongoing system in bitcoin transfers.
Bitcoin can be died if nobody do or invest btc anymore or nobody trust btc anymore.
When people lose trust because of slow transaction and very big fee. and the whales start leaving crypto. the price of crypto in this position must be breakdown and all people will leave it
there are no situation bitcoin will die even the creator of bitcoin they would stop it because many people are getting curious about btc and btc is gaining more popular in any country so there is no possibility that bitcoin will die, erase, gone, disappear in markets many people even me are believe that bitcoin will rise up and all people will amaze on it.
Bitcoin uses the concept of decentralization, so the biggest influence is the user, as long as the loyal users and happy to use bitcoin then bitcoin will continue to live, but if the user run then bitcoin will die.
if a situation arises where the market price of bitcoin goes so low that there is no hope of revival would be when any other form of cryptocurrency like ethereum would rise up or when paypal lessens its security and taxes,which many people prefer,because earning bitcoins for an average person is not possible as he has to do bitcoin mining
It will only stop if everyone is against to bitcoin. They will see it as a threat to the world. That all of the people have already eaten by anger to bitcoin. And no one in the world will invest and the rate will decrease.
In my opinion bitcoin will die if no one can invest or maybe no one are welling to choose this currency,the other way is if our country can't use bitcoin or maybe bitcoin will ban in all over 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?
Well basically it should take the all the people to pull out all their money into crypto currency for bitcoin and other alts to have 0 value. So as if this writing that is roughly around 450B USD. Which I don't think would happen anytime soon. And on my personal opinion, the only way for bitcoin and other alts to have a 0 value would be when all people starts to lose their hope on them. Because the crypto world right now is something that was built on trust more than the technology.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
when something payment technology more better than bitcoin and cryptocurrency coming, when doomsday coming, when every country all over the world banned cryptocurrency, when cryptocurrency blockchain security can be hacked...
Bitcoin will die if everyone who knows about Bitcoin lost memory,
if not, do not expect Bitcoin will going to die...
It is not an easy process of a lifespan for the bitcoin but I can only say for a longer term I would expect the etc will existing, its value can be decrease for a short term but then it will take back. if not, do not expect Bitcoin will going to die...
Until it hits into the ultimate highest price of all time. Bitcoin is still affordable to buy and there are plenty of crypt lovers which are there best choice is bitcoin. Meaning now majority of the masses can still buy bitcoin if they like but in the future if bitcoin will become so much expensive, will make it hard to gather more of them(investors)
Maybe if there is no internet again but maybe because the development of the Internet world has become a necessity and every country menngunakannya as a means of online business transaction communication then I think bitcoin will still exist.
bitcoin will never die. although there are some countries that do not allow this bitcoin to enter the country, but it will not make this bitcoin die. because the world's investment for the future will be very useful as a means of saving for its users. and from this bitcoin I think will put someone in the work. as long as the bitcoin user is still there, bitcoin will never die, and bitcoin will never die. think positive.
bitcoin will die if it is a state country that uses it no longer want to cooperate with bitcoin, and will ban it permanently. but it's all just that makes the opinion that makes bitcoin die. maybe bitcoin will die when it's doom and the world will experience destruction that destroy people will forget about bitcoin.
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