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Topic: In what situation would Bitcoin die? - page 2. (Read 101822 times)

sr. member
Activity: 1190
Merit: 250
COMBONetwork
March 30, 2018, 04:17:22 PM
The trust of people on bitcoin could be the cause of this currency could have been paralyzed die, things that could have lost that trust were the bitcoin of legality, the polemic that happened about its existence, the lacks of regulation and was no longer worth it.
newbie
Activity: 42
Merit: 0
March 30, 2018, 04:04:34 PM
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin can only die when people ignored and refused to invest in it, which can only occur when they fine interest in other coins believe many people has begin to lose interest in bitcoin already.

You're talking about a bunch of individual people, but the majority of people and especially companies -begin to- show interest in Bitcoin. Right now there has never been so much attention for it - don't confuse it with the bubble. When Bitcoin goes down in red numbers, the rest also follows. That means Bitcoin is still the king.

member
Activity: 308
Merit: 10
March 30, 2018, 03:57:07 PM
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

The price of bitcoins is depending on the amount of supply and demand so bitcoins will only die if people will not invest on it and it will really decrease the price of bitcoins in the market and that's how all the cryptocurrency will die as well.
full member
Activity: 378
Merit: 108
March 30, 2018, 03:53:31 PM
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin can only die when people ignored and refused to invest in it, which can only occur when they fine interest in other coins believe many people has begin to lose interest in bitcoin already.
full member
Activity: 242
Merit: 100
March 30, 2018, 02:55:01 PM
End of Bitcoin is not near because for that first we need people to adopt it on large scale, so that it utilize to its potential and then move to better coin which will eventually kill Bitcoin. Other than that it may also die in the current scenario when everyone is selling out their bitcoin making it value low every hour.
sr. member
Activity: 406
Merit: 250
March 30, 2018, 02:46:41 PM
When bitcoin will lose trust of people and they will stop buying. I am almost sure it will not happen but if something like this gonna happen it will.
newbie
Activity: 52
Merit: 0
March 30, 2018, 02:39:21 PM
I think bitcoin will die when it becomes unnecessary and unclaimed
member
Activity: 630
Merit: 24
March 30, 2018, 02:30:20 PM
I usually don't post in threads like this but I've seen a lot of answers: ''it will die if hackers get 51 % of it'' I think this is just a rumour,In view of the widespread and quite fundamental disagreement I think,From a theoritical point of view its impossible for me,Why? Because there exists fork.If they were get 51 % there would be a new fork,but there would be also problems for latest transactions,I know its so funny but logically that's true.Anyway I don't understand why people are interested in it and why the majority writes  wrong position...
member
Activity: 350
Merit: 10
March 30, 2018, 02:08:03 PM
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

Bitcoins will only die if consumers will lost interest on investing in cryptocurrency because the price of every coin in the market is always depending on the amount and supply of every coin so do not lose hope if your coins value is decreasing because it will still go back to normal.
member
Activity: 126
Merit: 10
March 30, 2018, 02:06:20 PM
Think Bitcoin will die when it isn't any more the Internet therefore users can use bitcoin not to the market and purses any more and also to other users
newbie
Activity: 224
Merit: 0
March 30, 2018, 01:56:38 PM
I think bitcoin will leave us when it is no longer in demand. and people will stop investing in it
full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
March 30, 2018, 01:36:15 PM
It depends on the demand by its users, as long as there is an interest  then the demand of bitcoin in the market still exists so that won't make bitcoin die.
Seeing the bitcoin's growth from year to year makes the demand even more higher, and it would be difficult for bitcoin to disappear.
full member
Activity: 307
Merit: 100
March 30, 2018, 11:17:17 AM
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.
sr. member
Activity: 472
Merit: 250
March 30, 2018, 11:07:28 AM
Bitcoin could only die for two reasons: complete loss of user confidence or a worldwide prohibition of authorities.
full member
Activity: 302
Merit: 100
Presale is live!
March 30, 2018, 10:56:48 AM
As long as the current community stays with bitcoin it isn't dieing. The only thing that can lead to the death of Bitcoin is if the blockchain gets hacked and some severe unfixable bug is discovered. The community is enough to keep the coin alive forever.
member
Activity: 350
Merit: 14
March 30, 2018, 10:53:53 AM
i think btc never die. LOL LOL  Cheesy Cheesy Cheesy Cheesy Cheesy
On the contrary to your answer, there is a possibility that the bitcoin can die. First one is banning an access to the internet. Second, every country will ban the bitcoin. And lastly is if bitcoin reaches zero demand.
full member
Activity: 420
Merit: 100
Harmony for One and All
March 30, 2018, 10:52:07 AM
I don't know but what I can say when Bitcoin is replaced by another promising and upcoming popular cryptocurrency and that may be like inter blockchain currencies like Aion, ICX, WAN. Or platform currencies like Ethereum, EOS, Cardano.
sr. member
Activity: 574
Merit: 250
March 30, 2018, 10:44:38 AM
Bitcoin would die if trading would stop. The end of bitcoin trading meant the end of mining it would mean that all of the transactions in bitcoin had been in the forex markets: it had never used in legitimate monetary transactions.
member
Activity: 168
Merit: 10
March 30, 2018, 10:37:00 AM
I think the bitcoin would only die in a situation when there is zero internet. I mean the complete internet shutdown which is not possible because many companies and infrastructures such as power grid, water supply, and road monitoring systems - all depend on the internet to work and communicate with one another.
full member
Activity: 392
Merit: 100
March 30, 2018, 08:53:51 AM
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
the bitcoin may disappear if, bitcoin situation as far as I know goes down and on. sometimes because that's what makes bitcoin no longer in demand by many people.
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