Topic: In what situation would Bitcoin die? - page 7. (Read 101794 times)
It is a technology and definitely won't die unless people won't like to use cryptocurrency.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoins would never die.Given their growth rate it seems like prize have started accepting them,
So how can you think that they can die.
Has you said this on 2009 or 2010,
It still might have sounded a bit logical but now ,
I don't think there is a use of arguing on such a lame topic.
Bitcoins can only die,
If the human race ends ,
And until there is some better source of trading created that Bitcoin.
I don't think that there is a possibility of such things to happen in the near future.
Bitcoin can die under the following few conditions:
If all bitcoin involved country decides to stop
If too many countries go against it.
If world internet service breaks down
If there is world war.
If other alcoin value supersede bitcoin's
Well. I pray none of this happens anyway.
If all bitcoin involved country decides to stop
If too many countries go against it.
If world internet service breaks down
If there is world war.
If other alcoin value supersede bitcoin's
Well. I pray none of this happens anyway.
There are many reasons that it is impossible for bitcoin to die.
1. When all countries are prohibited from using bitcoin.
2. Without internet
3. All exchanges are closed
4. none of the bitcoin supporters and prefer other altcoin to use.
5. There is a very good hacker that broke the bitcoin.
#Datarius
1. When all countries are prohibited from using bitcoin.
2. Without internet
3. All exchanges are closed
4. none of the bitcoin supporters and prefer other altcoin to use.
5. There is a very good hacker that broke the bitcoin.
#Datarius
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 die when people are not investing and most of the government banned it to their country. Also if its value will slowly decreasing then people's interest were fading out and when this could happen I can say that any moment bitcoin will lost everything. 
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
There are different situations in bitcoins can die, let say the government will ban bitcoin in all the countries then there is no way for investors to get in touch of cryptocurrency or another is, internet will be turned of forever so the market will never work and the value of cryptocurrencies will go down to zero.
if people not investing and trading bitcoin then they lost everything.
When faith is lost. That said it could happen at anytime so it is hard to tell. It is struggling to go anywhere at the moment so this could be the start of the loss of faith!
if we have no internet in our country many users of bitcoin is going lost and bitcoin is going to die because we need internet to use bitcoin. bitcoin is a online business if internet lost bitcoin is die. this is my own opinion.
maybe bitcoin will die when all countries decide to ban bitcoin permanently. so nobody uses bitcoin because it is already banned and maybe its use will be captured by the authorities. but it is not possible to die because there are still countries that use bitcoin as their economic growth, so bitcoin is hard to be permanently banned. maybe bitcoin will improve its work system to be eligible for use by all countries in the world.
I believe that bitcoin will die only when all countries of the world prohibit its use. Then we just can not use it. Or when there is a currency that can bypass the popularity and solve bitcoin problems
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
There are a lot of instances that may occur which may cause bitcoin's death. One of the most possible reason is the continuous banning of it in different countries. Another things is if bitcoin would be replaced by other cryptocurrencies wherein it will steal the spotlight from bitcoin. Though there's a lot of possible reason, we should not stop believing on bitcoin since it has dominated for a long time already and showed its potential to everybody.
we never know and never understand when bitcoin will die, this is what everyone would be afraid bitcoin will die, I think bitcoin will be even bigger in next time
Bitcoin and altcoins are not going to die.
It's the future is another alternative to our current system of payment and savings
In the future the cryptocurrency will develop and in a prominent position in our society.
They will develop, but bitcoin will not be able to exist for so long. It's not natural. or it completely disappears or will be at the very bottom of the rating of the cryptocurrency. It's the future is another alternative to our current system of payment and savings
In the future the cryptocurrency will develop and in a prominent position in our society.
I think that the greatest impact on bitcoin will be demand. Demand in turn will be influenced by the state. From their policy with respect to the crypto currency, the future of this market depends.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
In the condition markets and bitcoins are in, I think it's quite hard to visualize or conceptualize
bitcoins permanent demise and death. If supporter would stop patronizing, supporting and in a
sense invest in bitcoins, that might really inflict bitcoins. If the block chain technology somehow
crashes and fails to recover that too will end bitcoins and altcoins. The other event is the total
destabilization, destruction and devastation of the world wide web and global satellite
communications. That will bring death to bitcoins and global communication, a utterly technological
apocalypse.
Bitcoin and altcoins are not going to die.
It's the future is another alternative to our current system of payment and savings
In the future the cryptocurrency will develop and in a prominent position in our society.
It's the future is another alternative to our current system of payment and savings
In the future the cryptocurrency will develop and in a prominent position in our society.
Bitcoin will die in a situation where there is a substantial loss of belief — the same way that the dollar, euro or any other fiat currency will die when there is a substantial loss of belief. And when no one buying it.
Maybe in a situation where the company no longer joins bitcoin and people no longer invest in bitcoin and that's where bitcoin will close slowly but not now someday the time will come.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
as long as there is still the demand then bitcoin will never die and will not disappear as long as there are investors who are ready to fund the development of bitcoin as an electronic currency. anyway now the development of bitcoin is supported by the company's leading company by creating ico project2 so that the existence of such bitcoin will be growing and increasing the demand. And I do not think bitcoin will die.Jump to: