Topic: In what situation would Bitcoin die? - page 31. (Read 101794 times)
Bitcoin will be die if the users not believe in that again or the internet stop works. From the two of the reasons, I think bitcoin will never die. Bitcoin can always give us some profits as long as we use that and bitcoin can always exist as long as the internet working.
Bitcoin will not going to die specially people and those big companies are now thinking to enter blockchain technology. I don't think we can stop Bitcoin in growing. Except when the government decides to ban using Bitcoin but I doubt they will do that. There's a small chance that they will. Bitcoin is now very popular.
If we come up to a worst situation that makes bitcoin die as a currency, I think that the main situation of it's price in the market will sadly drop down and worst is nobody will be spending and exchanging digital currency anymore.
Probably it would have something to do with bitcoin usage on the blackmarket... it is well known that bitcoin is the deepweb coin... what is it starts to finance terrorist groups? it would the perfect excuse for a country like usa, france or some superpower to begin with internationals laws and stuff... i do think it would be the end of cryptos as we know it 
if the goverment decides to adopt the relevant legislation
First is without power and internet bitcoin will die, and legal issues with governments.
the only situation that make bitcoin die or another coin die is when there's no demands on these coin. no transactio or whatsoever that this coin being fully abandoned or just few people that makes the price dropped so much. #cmiiw
It's impossible for bitcoin to die.There was,there is and there will no situation like that for bitcoin to die.Some people may say that if all countries ban bitcoin people are stop using this.They are wrong.In my country bitcoins are illegal and still many people like me are using this.So it's impossible for bitcoin to die
probably in a situation where the world government forbade it because it resulted in a loss and even the destruction of governments of various countries. inflation in which, the loss of currency.
One is when ALL of the people involved in bitcoin will be STOPPING their involvement with bitcoin. If nobody will be using bitcoin then there is a chance that it will die but as we can see, its the reverse of it. More and more are being involved in bitcoin. Second is if internet connection in the WHOLE WORLD will be remove, thing that its impossible to happen. I think those are the two but bitcoin will not die. Never!!!
Bitcoin will exist as long as he is trusted. But the problem is that the more people use bitcoin, the greater the commission and the lower the transaction speed. The BTC should improve.
There is a way that bitcoin could die, when there is no users left using it. This would be nearly impossible, but i have other ways. Maybe that the governments bans the coin bitcoin ?
This will effect bitcoin so badly. Ban of China was enough for bitcoin to lose some thousands of money in his price.
This will effect bitcoin so badly. Ban of China was enough for bitcoin to lose some thousands of money in his price.
Bitcoin will be die, if demand of bitcoin i.e. number of users get down, or after all bitcoins are mined, and any comprtative cryptocurrency come in race.
If every country in the world bans bitcoin. Bitcoin will fall very hard down because there are people who are afraid to be arrested so they will stop using it.
I will do the same i don't want to get in trouble.
I will do the same i don't want to get in trouble.
If more country don't accept it. And also the things that could have an destructive effect on Bitcoin could be a collapse of the Internet, A global Power outage, The sudden disapearance of technologie through a global catastrophy.
In truth my friend, at the start no country have accepted Bitcoin yet but it did not end. So why are you implying that it will end if that would ever happen?All of that would only happen if a serious phenomenon happened. I want to think sci-fi-ish here so, more like alien invasion, zombie apocalypse, and even war. I think war would be the closest thing for this. If the war resulted a mass destruction to the world, then eventually we will lose this technologies you've just mentioned.
If more country don't accept it. And also the things that could have an destructive effect on Bitcoin could be a collapse of the Internet, A global Power outage, The sudden disapearance of technologie through a global catastrophy.
In truth my friend, at the start no country have accepted Bitcoin yet but it did not end. So why are you implying that it will end if that would ever happen?All of that would only happen if a serious phenomenon happened. I want to think sci-fi-ish here so, more like alien invasion, zombie apocalypse, and even war. I think war would be the closest thing for this. If the war resulted a mass destruction to the world, then eventually we will lose this technologies you've just mentioned.
Many countries banned BTC. Already some banks started war against BTC. If this continue strongly, This can badly affect BTC.
I agree. I do not ever think Bitcoin will ever come to an end in the near future especially so that I believe digital currencies or cryptocurrencies are, per se, futuristic. It may suffer fluctuations which is normal in the market but it coming to an end is something that is unlikely to happen. Perhaps, if you base predictions on data, it would reveal high chances of making it really in demand in the years to come.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
It may be possible to lose it by losing people's confidence who using it. I think bitcoin lives with the trust and support of people. And then bitcoin will not disappear if there are no people who break our trust in bitcioin. Bitcoin is man made, and the bitcoin will also break it into man made also. Let's not let people break our trust in bitcoin. Do not let the bitcoin disappear because we love it. Then when you love that you have to fight for it? hahaha
That may happen if there is no interest from users and I think interest will only grow in the nearest future.
Jump to: