How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
If government handles bitcoin and if they own bitcoin I think that is the biggestbdownfall of bitcoin and bitcoin society, and due to the lack of literacy in bitcoin many people take a risk without knowing what risk theybare taking for.
Topic: In what situation would Bitcoin die? - page 41. (Read 101822 times)
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
If government handles bitcoin and if they own bitcoin I think that is the biggestbdownfall of bitcoin and bitcoin society, and due to the lack of literacy in bitcoin many people take a risk without knowing what risk theybare taking for. 
the situation that make bitcoin die or become a shit things is when bitcoin demand = 0, its means that all people dont need bitcoin and dont want to buy or keep bitcoin because of many reason, ht high posibility is some country in the world suddelny banned bitcoin and all cryptos at the same time, and make transaction bitcoin is illegal.
When all influencial countries ban bitcoin and only small countries that is late on news only use bitcoin, this will be the start to end bitcoin
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Maybe if there'll be a better crypto than Bitcoin and if Bitcoin will be banned to most of the countries for some reason such as being used in illegal transactions due to its decentralization even if this is kinda impossible. The biggest threat I think is another crypto that will have a higher market value than Bitcoin because it will surely make some of the users of Bitcoin to transfer into it that will make the demand fall but I doubt that it will totally die because there are lots of people that benefit from it. I believe in situation if the electrons suddenly refuse to run all over the entire world, Bitcoin would die. As effectively as a milk in your fridge Â
What do you mean by electrons? Does this mean the technology we have today? All of our technology is made by means of involves electronics devices. I didn't get what you mean but what I understand is if we lose the electronic devices that runs bitcoin that will be the situation where bitcoin dies. 
Doesnt satoshi have half of all bitcoin? if he just dumped them all that could kill bitcoin.
I dont think that Satoshi is holding half of bitcoin, it can be that he maybe holding 10 or 20% of the shares and i dont think he will dump and kill bitcoin which he itself have created it and given him such a good fame .
Besides, if it were really true, why would he do such a thing. I mean Bitcoin didn't do harm to us all its just a tool (even if it can be used also in illegal activities. Still Bitcoin is a revolutionary invention and a great contribution to the technology.
Doesnt satoshi have half of all bitcoin? if he just dumped them all that could kill bitcoin.
I dont think that Satoshi is holding half of bitcoin, it can be that he maybe holding 10 or 20% of the shares and i dont think he will dump and kill bitcoin which he itself have created it and given him such a good fame .
you are right
Doesnt satoshi have half of all bitcoin? if he just dumped them all that could kill bitcoin.
I dont think that Satoshi is holding half of bitcoin, it can be that he maybe holding 10 or 20% of the shares and i dont think he will dump and kill bitcoin which he itself have created it and given him such a good fame .
Doesnt satoshi have half of all bitcoin? if he just dumped them all that could kill bitcoin.
it may die, when all the governments ban cryptocurrencies.
Yes you are right and I am very sure that the government of the country is not going to do this. So almost all huge countries are using bitcoin and they are not ready to ban bitcoin so it could be the reason if they stop using bitcoin and it is not possible yet only one or two countries can make it ban as china want to do but not the whole world so bitcoin can never die. Not in my country at least.
it may die, when all the governments ban cryptocurrencies.
Yes you are right and I am very sure that the government of the country is not going to do this. So almost all huge countries are using bitcoin and they are not ready to ban bitcoin so it could be the reason if they stop using bitcoin and it is not possible yet only one or two countries can make it ban as china want to do but not the whole world so bitcoin can never die. Not in my country at least. How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
I dont know. what I know of bitcoin is a coin that has advanced technology that distinguishes it with allcoin.
if a decline occurs, it is a risk to the people involved.
I believe in situation if the electrons suddenly refuse to run all over the entire world, Bitcoin would die. As effectively as a milk in your fridge Â
i think crypto will not die atleast for some time.
I think that bitcoin can disappear only when it loses interest among users, but now it's too early to think about it, as many have not even heard of it, and most are interested in earning with bitcoin.
Bitcoin will die if no one is interested to use it and if the internet stops functioning. But I think bitcoin will not die as of this time. And I guess it won’t happen either.
I think that bitcoin can disappear only when it loses interest among users, but now it's too early to think about it, as many have not even heard of it, and most are interested in earning with bitcoin.
Bitcoin is a cryptocurrency so it means it uses internet for it to be transferred or to be used.I think that if the internet dies,bitcoin will be very much affected.Not only the bitcoin but all the cryptocurrencies out there.
If that would ever happen the eventually the economy of every country will also going to have a drop down, or worse currency would be not so relevant anymore. If you would think about it internet is the heart of communication is it not? So If it really happen all the transaction of other countries is not gonna as relevant as it was, although we still have radio communication still internet is the one thing that made it even more stronger and easier.
Bitcoin would die if the internet died. Bitcoin would die if government seized exchange funds and sites and closed them down. These are the only 2 ways I see Bitcoin dying at all.
Nobody knows. Recent events demonstrated that things which nobody expects keep happening all over the world without any control. In such environment bitcoin can die
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