Topic: In what situation would Bitcoin die? - page 69. (Read 101822 times)

Nope, of course bitcoin can die, many possibilities and reasons that might make the bitcoin die. Such as competitors who take over and so forth. Will likely continue to exist.

Doesn't have to be just electricity they can kill the internet or just restrict http: protocol to "approved" websites. How is your BTC client going to transmit then?

Electricity is only applicable to bitcoin because without that then bitcoin cannot reach humans to use it and buy it so it will eventually die but in terms of humans they can still survive if there is no electricity because if not then how the humans back in the old days survive without electricity?

I think a lot of things that can make a bitcoin will die, and the main factor is bitcoin users, when they leave the bitcoin then bitcoin soon die, otherwise it is altcoin that is increasingly making popular bitcoin, in nothing altcoin bitcoin will die faster.

If there is no electricity in our world. For sure bitcoin will die and also us humans will die if there are no electricity in near future. We need to use renewable energy for us to have a long lasting electricity.

President Trump here,

I'm proud to announce that with our partners from all over the world not just the big G7, but Russia, China and all the important UN members have agreed to ratify the Freedom Of Currency act. This is going to be yuuuuggggeeee.

Many of of our citizens have been telling me there lose their savings with this bitcioin. Also terrorist use this bitcion. The drug dealers use the Bitcoin. Bitcion is a bad thing.
 
It's also affecting the real money our dollar, but not only our real money, but also The Euro, Mr. Putin's Russian Rubble. I want to protect the freedom of our real money for our citizens.

I'm proud to say that Bitcion has been banned. As of today, anyone who is cought aiding and/or abbetting with this criminal scam called bitcioin will be arrested and charged with a first degree felony. Not only if you buy or sell but if you tell others about this criminal bitcion.

I'm very proud to create this world partnership whit my leadership and securing our freedom of currency.

God Bless American and Good Bless the Real Money the US Dollar!

I know that 99% of non American's will not touch Bitcion after that announcement if their country would sign up on something like that. I know my country sends america my bank information just because America wants so I think if America pushes to make bittcion a terorist coin you can kiss it goodbuy.

Anyway something like this would kill bitcoin i think and then they just get agresive to intrude our computers to "protect our freedom" and when see a bitcion on our computer or phone they freeze the computer and arest us.

 

Bitcoin will never die because is permanently in the history books but Bitcoin will get a decrease and increase in price. 

It looks like you are disagreeing with my post

So what exactly do you disagree with? What specifically do you not think so? I'm telling you essentially the same, i.e. that banning Bitcoin would not have an effect that the authorities might be looking for. Moreover, since I answered some dude with Napole0n as nickname, I wanted (but refrained) from citing what real Napoleon had said on this account. He said that you should not forbid what you lack the power to prevent (or something to that tune)

only in case of a HUGE crash caused because of a major hacking or maybe the usa, europe and russia making the usage of bitcoin a crime.
no cryptocurrency will kill bitcoin, because btc is the mother of all coins. it will always be like this

Bitcoin or other crypto-currency could die if no one is interested in using bitcoin, When the demand of bitcoin is decreased, When the government starts taking place in bitcoins.
I think bitcoin will not die, It's demand is increasing very quickly on a daily basis, you can see the number of transaction increasing daily which exactly means people are getting interested in using bitcoins.

Internet and computer are why Bitcoin/Cryptocurrency exist today. If there is a mass failure of internet or computer, Bitcoin would be affected as well. The only thing I know that's capable of causing major damage to both is Powerful Solar flare hitting our Planet.

I don't think so even if Bitcoin is banned in those countries it won't stop Bitcoin users from that country to use Bitcoin. Want proof? Look at the alexa ranking of top faucet sites and you will see those countries are on the list of the most users in that faucet site. Banning without any other ways of implementing the law is a useless way because people still finds a way to do what they want. Even if it is, the effect on the market will just have a correction and new players might enter from a different country.

In today's situation, I think it's very stupid to think that Bitcoin will fall or die, and if something else seems to someone, then let's see the latest reports from the stock exchange.

Now I do not believe that there will be a cryptocurrency, which will become more popular than bitcoin. Bitcoin has already taken a leading position. And the only thing that kills him is the hostile attitude of the governments of different countries to the cryptocurrency.

I agree with you buddy, bitcoin would disappear if there is a major crash. We all have witnessed that sort of crash when one of the major exchanges in Japan collapsed and it affected the bitcoin price very badly but it regained the situation. I think only thing that can kill bitcoin is another cryptocurrency which has more features than bitcoin.

China has already tried something to that tune

The Chinese central bank tried that even twice. The first time it had some impact on Bitcoin price (Bitcoin flash crashed to around 750 dollars per coin), the second time no one was giving a fuck any more about China (that's likely why we didn't see the next installment), and Bitcoin after that grew only stronger. Russian ban will be utterly inconsequential, that's why the Russian government had been only pouring threats and curses but didn't do anything toward actually banning Bitcoin. Regarding the US, come and take it, as some dude said here

The only thing that could kill bitcoin is probably a major crash like 95%+ of its value that makes everyone even the most adament hodlers lose all belief in its future. I think this is such an unlikely scenario though as too many people have too much invested in its success.

Bitcoin won't die if it will be banned by all governments, that's the idea. And there are many popular cryptos around already, yet BTC is alive.  And I can't imagine a situation when all the people in the world would stop using bitcoin unless the Internet dies of course. I think we have all the reasons to suppose that bitcoin will never die.

but you should never buy drugs and or guns with bitcoin because bitcoin is digital currency and you can use your bitcoin for online transaction and there is no one selling drugs or guns with bitcoin and we know that we can buy drugs and guns with dollars but dollars is still do not ban by any country.

I don't think if that happen then bitcoin will stay alive and it will not die because there is still a lot of supporters from any part of the world and even though they will ban bitcoin then the price will just go down and a few decrease in the number of user but in the end of the day bitcoin will stay fight and live longer than you thought.