I think it will be the legality issue that will be a problem first but would not kill bitcoin, it will still go on. The thing about the new development of a new coin that will surpass bitcoin will take more years. We know it is too good now and cant be replaced just like that, add up the high value of it now.
Back to legality, almost all countries wont accept it and others just regulate. How many years have bitcoin been here and yet not a lot changed regarding countries accepting it.
Topic: In what situation would Bitcoin die? - page 5. (Read 101794 times)
bitcoin will die if there will be another crypto that will rise and much bigger than bitcoin.
Bitcoin will die if the world stop using internet 
..
Price decreasing is an opportunity to get more bitcoin as the unit of bitcoin will be more if we buy bitcoin today compare to last december..
Panic occurs if ones have a mindset of having bitcoin for a sake of getting rich quicker not because of the unique technology of bitcoin..
..Price decreasing is an opportunity to get more bitcoin as the unit of bitcoin will be more if we buy bitcoin today compare to last december..
Panic occurs if ones have a mindset of having bitcoin for a sake of getting rich quicker not because of the unique technology of bitcoin..
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
this will only happen when time comes of displacement,when we leave bitcoin behind,since this coin only relies on our support..if we stop buying and selling this coin what would be its functionality?these will die in just a split of a second whe we forget everything about its capability and reliability,though for sure this will never happen untill crypto is aliveWhen the Internet does not exist, you can say Bitcoin died. But as long as the Internet exists one day, Bitcoin will not die, it can make up for the lack of the Internet.
WHEN
worldwide internet connection lost.
all nation ban bitcoin.
decreasing the user of bitcoin and the cryptocurrency.
that's all my opinion.. correct me if i wrong thank you!
worldwide internet connection lost.
all nation ban bitcoin.
decreasing the user of bitcoin and the cryptocurrency.
that's all my opinion.. correct me if i wrong thank you!
Bitcoin will only die if its supporters are not patronizing it. Bitcoin have survived for many years because of the investors and users of it. If we did not support bitcoin before until now, maybe there’s no bitcoin. Also if bitcoin will be banned to all countries which is not gonna happen because many of countries in the world supports bitcoin. They are benefiting from bitcoin and it contributes to the growth of their economy.
WHEN
worldwide internet connection lost.
all nation ban bitcoin.
decreasing the user of bitcoin and the cryptocurrency.
that's all my opinion.. correct me if i wrong thank you!
worldwide internet connection lost.
all nation ban bitcoin.
decreasing the user of bitcoin and the cryptocurrency.
that's all my opinion.. correct me if i wrong thank you!
If no people do btc anymore
That's right because bitcoin's market cap and price is determined by the demand of people. If there is no demand and people stop utilizing it, then bitcoin will become obsolete and will be gone gradually.
If no people do btc anymore
I think this happens because a lot of bad news that makes the price of bitcoin very down. example news from google that will remove ads about ico and bitcoin, it angat effect with bitcoin price at this time. hopefully the bitcoin soon returns to the price it should be. I will keep hodl the bitcoin and will sell when the price goes up
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 bitcoin will not die as long as there is an Internet.
Bitcoin is the world's first distributed virtual currency, and bitcoin and its network are made and produced by users, not by the central bank. Decentralization is also a guarantee of the security and freedom of bitcoin.
Technically, there is no way to ban bitcoin. As long as someone USES bitcoin, bitcoin doesn't die.
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 bitcoin will not die as long as there is an Internet.
Bitcoin is the world's first distributed virtual currency, and bitcoin and its network are made and produced by users, not by the central bank. Decentralization is also a guarantee of the security and freedom of bitcoin.
Technically, there is no way to ban bitcoin. As long as someone USES bitcoin, bitcoin doesn't die.
When bitcoin's price gets lower and lower and when it does not rise up anymore, then it will be a great reason for bitcoin to die. Many people may refuse to use bitcoin if it happens, they will think that even though they invest a large of money, they will have no earning in their money because the price of bitcoin is really low. Also, one of the reason why people use bitcoin is because of its value, so why would people use it if its value is lower than what they've expected.
Bitcoin and the cryptocurrency as a whole follows the law of demand and supply. If no demand will exist proportionate to the supply which is too high, possibly price will go very down or even at worst, be idle. Like it never existed. But if we are to talk if it can be killed, only through quantum technology, which at the moment, does not yet exist.
The only situation which will make bitcoin to die forever is only when the use of internet has been stopped for life of not the trading of bitcoin will still be holding.
Or there is another situation that could stop Bitcoin forever, it is when the internet is no longer exist. I don't know how can it happen but i'm sure that without internet Bitcoin is useless with Stone-age for sure.But luckily for us, internet is actually our blood and it's really hard for that situation to happen.
I think Bitcoin will be replaced but not in our time, because now Cryptocurrency is just developing maybe this will happen in the next few decades ....
Why did I choose to be replaced? because it is not possible Bitcoin value or rate can plunge and run out ...
can not possibly also because of legality, is not the country as advanced as Japan only makes Bitcoin as one means to improve the financial economy of his country
Why did I choose to be replaced? because it is not possible Bitcoin value or rate can plunge and run out ...
can not possibly also because of legality, is not the country as advanced as Japan only makes Bitcoin as one means to improve the financial economy of his country
The only situation which will make bitcoin to die forever is only when the use of internet has been stopped for life of not the trading of bitcoin will still be holding.
Or there is another situation that could stop Bitcoin forever, it is when the internet is no longer exist. I don't know how can it happen but i'm sure that without internet Bitcoin is useless with Stone-age for sure.But luckily for us, internet is actually our blood and it's really hard for that situation to happen.
The only situation which will make bitcoin to die forever is only when the use of internet has been stopped for life of not the trading of bitcoin will still be holding.
Or there is another situation that could stop Bitcoin forever, it is when the internet is no longer exist. I don't know how can it happen but i'm sure that without internet Bitcoin is useless with Stone-age for sure.But luckily for us, internet is actually our blood and it's really hard for that situation to happen.
The only situation which will make bitcoin to die forever is only when the use of internet has been stopped for life of not the trading of bitcoin will still be holding.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
this will only happen when time comes of displacement,when we leave bitcoin behind,since this coin only relies on our support..if we stop buying and selling this coin what would be its functionality?these will die in just a split of a second whe we forget everything about its capability and reliability,though for sure this will never happen untill crypto is alive
In a situation where there is some kind of apocalypse and we couldn't use our gadgets anymore. The internet and power would be down all over the world and there will be no more use of currency as we will all revert to living off the earth like in the old days Bitcoin will go to zero when people stop buying and selling and transactions are no longer made using bitcoin again.
Bitcoin will go to zero when people stop buying and selling and transactions are no longer made using bitcoin again. Jump to: