In what situation would Bitcoin die? - page 34.

KingOfWinterfell01

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Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

Competition. Seizure of support. Sudden blockchain death. I believe these 3 are factors that can bring upon the end of bitcoins. Competition includes many more alt coins or even etherium. If suddenly, the trend and mass of people started investing in alt coins, the end may be near for bitcoins. If people started not supporting bitcoins because of its disadvantages, bitcoins will die along with its never ending support. Lastly, if the blockchain dies (the likelyhood is very low) then expect that the other coins will die as well.

kukurikapu

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Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 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 will die? Yes of course. But how? Bitcoin will die if there is another cryptocurrency that will rise more easy to use, has higher price and more popular than it have. Surely bitcoin will die and will be forgotten by many users if they transfer to another cryptocurrency.

karisiak123

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in what situations bitcoin will never die, because people are very much joined with bitcoin ,,
and if there is a problem with bitcoin of course the people associated with bitcoin will soon solve the problem ,,

xandriel

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Bitcoin and Altcoins are not controlled by Government. Therefore, Although all countries in the world ban them, they can't die.

camsss

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I think that the only situation where bitcoin will die is when there is no internet connection all over the world.

caloy06

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For example, how to kill bitcoin in the way the bitcoin site dies, I think bitcoin does not die because it helps many and many want to learn the bitcoin they need more income for the home. It also helps with home fees like of electricity, water and so on.

Futureblnr

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Quote from: Iminvest on November 15, 2017, 09:28:33 PM

I think future of crypto overall is a very interesting and important topic.. and I want to learn more about it...
From my experience, I feel that conferences could be a good way to learn. I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it? It would be really interesting to know what experts think about future

It looks great! really interesting! I wish I could go, but it's a little bit expensive Shocked

Baronggot

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Bitcoin will die if there will be a global shutdown of the internet, IMO. Bitcoin and crypto currencies are functioning because the blockchain where they use to run to is using the internet. Investors should also stop investing and people should also condemn bitcoin or alt coins for good. But all of those seems to be impossible to achieve, right?

Iminvest

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I think future of crypto overall is a very interesting and important topic.. and I want to learn more about it...
From my experience, I feel that conferences could be a good way to learn. I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it? It would be really interesting to know what experts think about future

chichigirl

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HELENA

Quote from: Gaff on November 15, 2017, 09:02:40 PM

Quote from: Kakawate on November 15, 2017, 08:16:12 PM

Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

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, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

For me, I think bitcoin will end if there no people who doesnt use this. If there is no people who doesnt need this but I guess Theres no people who doesnt need this. And One thing is if the value of bitcoins price will loss then many people will discourage about this, then it will be the reason that bitcoin will end. We have different reason and that was just my opinion.

We are all have our different opinion towards bitcoin but as long as we keep on believing that bitcoin can give us some benefits for our future definitely bitcoin will not die.

goaldigger

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Maybe if the government will ban it because of the comfort it gives to people in terms of financial needs. Maybe lets focus on its growth not by putting it down by negative topics. I trust bitcoin. So should you

btcprospecter

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★777Coin.com★ Fun BTC Casino!

I would say nearly every way you have mentioned could be how we see crypto currencies die. If there is no interest there will be no value.

eminemcookie

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Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

Many of the ways you've mentioned are among the most likely, I feel that legality issues could not kill bitcoin but could severely hinders its progress. Ideas to supersede it are really where the chance of it 'dying' increases. If a new technology is introduced that is even better than bitcoin in every way then there would be no place for bitcoin anymore other than perhaps for collectors.

altercreed

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Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

WELCOME to the crypto world sir. That's how these crypto currencies are made of. Value is volatile and it may fall and rise unexpectedly and as to bitcoin's lifeline, it is still unclear if this mother of all cryptos would ever end because IMO, bitcoin's fate lies in the hands of Satoshi Nakamoto.

Quantex

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Quote from: Gaff on November 15, 2017, 09:02:40 PM

Quote from: Kakawate on November 15, 2017, 08:16:12 PM

Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

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, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

For me, I think bitcoin will end if there no people who doesnt use this. If there is no people who doesnt need this but I guess Theres no people who doesnt need this. And One thing is if the value of bitcoins price will loss then many people will discourage about this, then it will be the reason that bitcoin will end. We have different reason and that was just my opinion.

There will be always people who are using, trading and mining bitcoin. This makes it immortal almost. The only thing can make this bitcoin era end is that a major error in bitcoin's code. Imagine one day all the bitcoin goes to the infiniti. This would be very bad.

Gaff

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Quote from: Kakawate on November 15, 2017, 08:16:12 PM

Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

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, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

For me, I think bitcoin will end if there no people who doesnt use this. If there is no people who doesnt need this but I guess Theres no people who doesnt need this. And One thing is if the value of bitcoins price will loss then many people will discourage about this, then it will be the reason that bitcoin will end. We have different reason and that was just my opinion.

Owl129

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Bitcoin will die in a situation if it will be ban worldwide or if people are stop using bitcoin which i think is not possible since there are lot of people who trust bitcoin and are continuously investing in it.

emanbea1234

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for now there were a lot of programmers trying to knew how ones program function so well,curiosity strikes them.

Gondwanaland

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Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

In my opinion bitcoin will die if there's a no human in exist in this world. If business man have not existed and if they not depend on crypto currencies. But in these days i don't think that bitcoin will die because the value of it keeps on increasing and there's a lot of people get involve here. Also, bitcoin becomes popular these days.

Kakawate

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Quote from: geschtonkenflapped on February 09, 2017, 12:14:05 PM

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, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

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