Topic: In what situation would Bitcoin die? - page 49. (Read 101822 times)
I think bitcoin will die if they shutdown the internet. We all know that bitcoin is a digital cryptocurrency and you can just earn it htrough online. So if there's no internet, bitcoin will not exist anymore unless if there is a physical / tangible bitcoin.
There seems to be none presently, except the world leaders sign an agreement against it, banning it most nations of the world that’s the only way it would cease to exist and that can’t happen.
Bitcoin will die if the superpower states issues an order to make illegal bitcoins and should not be done for various business activities. This will invite a substantial reduction in the volume of bitcoin because the SEC and other economic security agencies will try to clean it thoroughly. Bitcoin will be considered a destroyer of the global economy.
What is certain when all is not willing to talk, search and trade bitcoin, but is it possible that it happened? It seems impossible, because every day many need bitcoin for any purposes and needs.
So when will it happen? Still a dream only.
It will happen only if there is totally internet shutdown all over the world or there is another world war!! but for now it just lucky guest! now one know if that possible to happen but before that to happen be sure to save or transfer that bitcoin to real fiat.
You have a point and good idea I respect your opinion but it is impossible to shutdown the internet all over the world. For me the only way that Bitcoin could actually die would be if nobody was willing to operate the mining infrastructure or if nobody could believe in Bitcoin potential.
But now bitcoin still alive and continue to spread in the whole world
What is certain when all is not willing to talk, search and trade bitcoin, but is it possible that it happened? It seems impossible, because every day many need bitcoin for any purposes and needs.
So when will it happen? Still a dream only.
It will happen only if there is totally internet shutdown all over the world or there is another world war!! but for now it just lucky guest! now one know if that possible to happen but before that to happen be sure to save or transfer that bitcoin to real fiat.
What is certain when all is not willing to talk, search and trade bitcoin, but is it possible that it happened? It seems impossible, because every day many need bitcoin for any purposes and needs.
So when will it happen? Still a dream only.
I guess bitcoin die if there's a new currency better than bitcoin and be famous on a short perioud but in my mind bitcoin won't die because a lot of people predict on him .
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin has successfully overcome many critical issues like Mt.Gox hacked,price falls,BU,and now recently BCC.No altcoin today has the potential to replace bitcoin.So,its quite clear that bitcoin would not get destroyed by such factors.But it is said that quantum computers in future would be a big threat to bitcoin.It is said that quantum computers are moving closer to reality and many governments are investing in it.It is said that quantum computer will undermine the cryptography surrounding bitcoin's private and public keys.By this way,it will be able to read private keys of a bitcoin holder thus getting access to his bitcoins.It would be a huge threat to bitcoin.Already,many cryptographers are working to create quantum proof technologies so that bitcoin would be protected from such attacks.
I think bitcoin would die when no internet anywhere in this world, or maybe when no one want to use it ar accept bitcoin. I believe that it would not happened someday because day by day i think many people has interest on bitcoin. And we can not deny it.
there are situation in which bitcoin would die.
One is if internet stop working than everything would be stop, no one could be able to send and receive bitcoins.
I think govt. can't ban the bitcoin because Govt. earn money from bitcoin by taxes.
One is if internet stop working than everything would be stop, no one could be able to send and receive bitcoins.
I think bitcoin will die when there are no people interested in bitcoin again. The important factor why something can survive because there are many people still interested and use that thing.
I think govt. can't ban the bitcoin because Govt. earn money from bitcoin by taxes.
I think bitcoin will die when there are no people interested in bitcoin again. The important factor why something can survive because there are many people still interested and use that thing.
Not sure after bitcoin benefits many people then they forget and leave bitcoin for granted, it is something that can not happen. I think the only thing that makes bitcoin die is the death of the internet in the world. 
I think bitcoin will die when there are no people interested in bitcoin again. The important factor why something can survive because there are many people still interested and use that thing.
Some great things that make bitcoin die
1. there is a ban on the use of bitcoin by the government
2. no one uses bitcoin
3. internet dies all over the world
1. there is a ban on the use of bitcoin by the government
2. no one uses bitcoin
3. internet dies all over the world
Agree this are the top 3 reason why bitcoin will die . Well.eventually if government will ban bitcoin.I think the demand of bitcoin will be low but still there will be a user of it and you cant stop that. If internet dies then that is the time will likely no one is using bitcoin and there will be no cycle of it and if it is no cycle it will stop
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' be continuous decrease of its demand for some reason. If the demand will fall continuously, the market value of Bitcoin will be totally low. And if this happen, maybe the end of Bitcoin will occur. But at the current state of Bitcoin on its demand and market value, it is quite impossiblr to happen, and in fact, tere are more people that are now interested to Bitcoin.
Taking down darknet / not letting netbanks exchange it directly to fiat are possible causes for it to die .
Yet it is unlikely to happen. The train is already on the rails and can't be stopped anymore .
Yet it is unlikely to happen. The train is already on the rails and can't be stopped anymore .
Some great things that make bitcoin die
1. there is a ban on the use of bitcoin by the government
2. no one uses bitcoin
3. internet dies all over the world
1. there is a ban on the use of bitcoin by the government
2. no one uses bitcoin
3. internet dies all over the world
If a good competitor emerges, then Bitcoin's survival can be under threat. But the good news is that right now there are no strong competitors around. Alts such as Ethereum and Bitcoin Cash don't enjoy the sort of popularity which Bitcoin enjoys currently.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin as blockchain coin cannot "die". The only thing that can happen is that there comes some new technology, better then blockchain so price would fall down since there would not be any demand. Or if some. big olayers dump price to a few satoshies. But this is almost impossible since market is in buy mode
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
The only situation in which bitcoin would die is if the internet shuts down which is pratically impossible. The internet is never ever going to shut down. It is an invention that came to stay and its going to stay forever so will bitcoin. 
I dont know if what year bitcoin will die but i ithink if in the futute have a new technology ,cryptocurrency much better and high than bitcoin i think that is the one reason that bitcoin will die and if many people dont use use or invest in bitcoin.
Agree. But also problem could be in the law of every government. If the largest states join against the Crypto-currency, I think it would have bad consequences. Mind you, bitcoin halving and limit make it more bullish in future.
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