Topic: In what situation would Bitcoin die? - page 73. (Read 101822 times)
The appearance of a more powerful crypto currency would gradually reduce Bitcoin's popularity to zero. However, this is unlikely, in my opinion, because the peak of bitcoin is just beginning.
Actually bitcoin will never die, especially if the current view, bitcoin prices higher, because the need for it is increasing. Well, the only thing that could make a dead bitcoin is when the internet connection disappears.
Bitcoin can only die if people stop using it or its value goes down to zero level in future and I am not seeing both the things happening as bitcoin is becoming more popular now and we can expect that it will be the currency of the future.
Yeah right, when no one is using bitcoin then bitcoin will die, but I think it really depends of the user, when all users trust with bitcoin then they will continue using bitcoin. 
Bitcoin can only die if people stop using it or its value goes down to zero level in future and I am not seeing both the things happening as bitcoin is becoming more popular now and we can expect that it will be the currency of the future.
No altcoin, we all know that the presence of altcoin contributed to the increase and the use of the bitcoin so, trading with altcoin is a fact that makes the circulation of bitcoin's getting massive, without altcoin bitcoin will die.
there is possible that bitcoin will die if some of coins will get popular and being use as a payment method in other online earning sites.
I don't think that bitcoin will die only because some other altcoin will replace it as altcoins are too small in compare to bitcoins and not popular too and looking at the rise in bitcoins its really hard to believe that bitcoin can ever die in future.
there is possible that bitcoin will die if some of coins will get popular and being use as a payment method in other online earning sites.
Mainstream adaption of different coins like ETH, DASH, XMR can cause bitcoins to DIE
I think so
I think so
it's life depend on the people if pay attention to it.
no body pay by it,no body regard it as a investment ,it's life is end up.
Yeah bitcoin is depend on people when people stop demand of bitcoin and never use the bitcoin will be dead but we can see bitcoin is nowadays is the part of out life and its very difficult for us stop to use bitcoin.no body pay by it,no body regard it as a investment ,it's life is end up.
If Bitcoin is banned this doesn't mean it will die. People will still find ways to use it without letting the police officers know. If there is no more internet a lot of people will commit suicide because internet is part of their daily life and they simply can't live without it. In no situation Bitcoin will die because its uses are growing more and more each passing day.
If Bitcoin is banned this doesn't mean it will die. People will still find ways to use it without letting the police officers know. If there is no more internet a lot of people will commit suicide because internet is part of their daily life and they simply can't live without it. In no situation Bitcoin will die because its uses are growing more and more each passing day.
If Bitcoin is banned this doesn't mean it will die. People will still find ways to use it without letting the police officers know. If there is no more internet a lot of people will commit suicide because internet is part of their daily life and they simply can't live without it. In no situation Bitcoin will die because its uses are growing more and more each passing day.
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 all the actions taken by banks and governments to destroy it.Now most governments have realized that bitcoin couldnot be destroyed and have started accepting bitcoins.But bitcoin may start facing difficulties when quantum computing will be introduced and i hope that it would take twenty more years to happen. it's life depend on the people if pay attention to it.
no body pay by it,no body regard it as a investment ,it's life is end up.
Yeah bitcoin is depend on people when people stop demand of bitcoin and never use the bitcoin will be dead but we can see bitcoin is nowadays is the part of out life and its very difficult for us stop to use bitcoin.no body pay by it,no body regard it as a investment ,it's life is end up.
The future can hold a lot of things, and there might be a crackdown on Bitcoin if it starts to snowball too hard with the average folk, but for right now it's not worth worrying about anything happening to the community that'll knock the value on its ass to $0
That's not likely unless some really dramatic events are going to happen
That is, a Black Swan event of sorts, for example, if some flaw is discovered in the Bitcoin cryptoalgorithm that will render all coins (wallets) vulnerable to being cracked. Though that would be a black swan of all black swans event, the ultimate fiasco, so to speak. Apart from that, many people are in fact nervous that Bitcoin will continue its intrepid rise saying that such rise may lead to a severe crash later, while, in fact, they are just hoping to buy in cheap when the price goes down a few hundred dollars
it's life depend on the people if pay attention to it.
no body pay by it,no body regard it as a investment ,it's life is end up.
Yeah bitcoin is depend on people when people stop demand of bitcoin and never use the bitcoin will be dead but we can see bitcoin is nowadays is the part of out life and its very difficult for us stop to use bitcoin. no body pay by it,no body regard it as a investment ,it's life is end up.
Except where there is no human on earth.
I don't think there is anything that will kill bitcoin.
Bitcoin has at a point that nothing will destroy or stop it.
I don't think there is anything that will kill bitcoin.
Bitcoin has at a point that nothing will destroy or stop it.
Yes there's no way to destroy bitcoin right now, the only way that I can see to make bitcoin dead is making it's market cap get back to zero. But that is very impossible to happen, because it's already a chart of bitcoin that every day counts the market cap of bitcoin gets higher and there's more people that are investing.
exacly. and making it go back to zero means that there will be no more demand to bitcoin. and i dont think it will happen that the market cap will go back to zero. bitcoin is becoming more popular right now and i dont think there will be something that will make it dead.
The future can hold a lot of things, and there might be a crackdown on Bitcoin if it starts to snowball too hard with the average folk, but for right now it's not worth worrying about anything happening to the community that'll knock the value on its ass to $0.
Except where there is no human on earth.
I don't think there is anything that will kill bitcoin.
Bitcoin has at a point that nothing will destroy or stop it.
I don't think there is anything that will kill bitcoin.
Bitcoin has at a point that nothing will destroy or stop it.
Yes there's no way to destroy bitcoin right now, the only way that I can see to make bitcoin dead is making it's market cap get back to zero. But that is very impossible to happen, because it's already a chart of bitcoin that every day counts the market cap of bitcoin gets higher and there's more people that are investing.
exacly. and making it go back to zero means that there will be no more demand to bitcoin. and i dont think it will happen that the market cap will go back to zero. bitcoin is becoming more popular right now and i dont think there will be something that will make it dead.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
I know that i am late to this board, but it is my understanding that if one miner or owner of bitcoin controls more than 50% control they could potentially ruin the system. Thoughts?You can dump your coins
Provided you have any, of course. Otherwise, it is called a systemic risk, and this kind of risk is in fact omnipresent. It is essentially the same with fiat currencies. The government may go totally nuts today and start printing insane amounts of money like there's no tomorrow. That's why many people still prefer gold to any other form of money as a store of value, since it likely has the lowest risk of this type among all store-of-value investments. Though gold is not completely free of it either
"legality issue can destroy bitcoin also. If the governments decide to ban all websites related to bitcoin and start cracking up bitcoin users"
How abot darknet?
How abot darknet?
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