Topic: In what situation would Bitcoin die? - page 79. (Read 101822 times)
I hope bitcoin will last forever. Bitcoin is the hope of the internet enthusiast to be able to earn money easily
bitcoin is a p2p currency. the only way it can die is if people stop using it
As of now i don't think so that bitcoin can die because people using bitcoin are many and almost day by day users of bitcoin increasing because of socail media we spread the good news about bitcoin. Yeah I will support this, right now it's hard to make bitcoin die and a lot of people invested a lot of money on it already. There's no way to make bitcoin dead because it has already a very strong foundation and that cannot changed right now. Even there are people and medias that will change the reputation of bitcoin to bad, still that won't work.
bitcoin is a p2p currency. the only way it can die is if people stop using it
As of now i don't think so that bitcoin can die because people using bitcoin are many and almost day by day users of bitcoin increasing because of socail media we spread the good news about bitcoin. I think that the real enemies of bitcoin are the government. It can make it so that people stop using bitcoin because of big taxes or other restrictions.
bitcoin is a p2p currency. the only way it can die is if people stop using it
As of now i don't think so that bitcoin can die because people using bitcoin are many and almost day by day users of bitcoin increasing because of socail media we spread the good news about bitcoin. bitcoin is a p2p currency. the only way it can die is if people stop using it
As of now i don't think so that bitcoin can die because people using bitcoin are many and almost day by day users of bitcoin increasing because of socail media we spread the good news about bitcoin. That's right its hard to believe that bitcoin will die in future as its still in its younger age and its growing in the best way and when it will become more older it will be holding many more users which will take price even to higher level.
bitcoin is a p2p currency. the only way it can die is if people stop using it
As of now i don't think so that bitcoin can die because people using bitcoin are many and almost day by day users of bitcoin increasing because of socail media we spread the good news about bitcoin. 
bitcoin is a p2p currency. the only way it can die is if people stop using it
I cannot agree with you, bitcoin is not only a p2p currency, it is something more than that.You have many places where you basically deposit the bitcoins on the exchange, and you put up a sell order.
It does not have to be neccesarily one investor buying you bitcoins, but they might be distributed among bigger number of traders.
Obviously, you can use only p2p transaction services, such as localbitcoins.com to just obtain bitcoins through trade which includes cash, or bank transfer.
When you send a transaction to one peer even when your coins is at an exchange, isn't it peer to peer transaction?
It is when the developer stop developing Bitcoin and miners stop mining it, even with people who are willing to transact but no one is mining, network will not move since no one will mine and solve a block. The network being stagnant means a sign of Bitcoin being dead.
bitcoin is a p2p currency. the only way it can die is if people stop using it
I cannot agree with you, bitcoin is not only a p2p currency, it is something more than that.You have many places where you basically deposit the bitcoins on the exchange, and you put up a sell order.
It does not have to be neccesarily one investor buying you bitcoins, but they might be distributed among bigger number of traders.
Obviously, you can use only p2p transaction services, such as localbitcoins.com to just obtain bitcoins through trade which includes cash, or bank transfer.
bitcoin is a p2p currency. the only way it can die is if people stop using it
I don't think that people will stop using bitcoins in fact we will find more people who will start using bitcoin in near future which will take its price to even higher level so there is no chance that bitcoin can ever die in future.
bitcoin is a p2p currency. the only way it can die is if people stop using it
If people will stop using bitcoins in future then it will surely die in future as people likes changes and once they get fed up of bitcoins then they will start looking for some new technology which can be better then bitcoins.
I think Bitcoin will dead if every country decides to ban Bitcoin permanently. Then, there will be no more people using Bitcoin because they might be arrested in this condition. And bitcoin can also be dead if there are a new cryptocurrency which is more profitable, more advance and can fix most of the bug of bitcoin. In the future, there will be more cryptos qualifying these facors.
yes you are probably correct, it will be die if some countries will banned it permanently, and in some areas in the world I think, surfing in the internet is prohibited, but not all the country it is prohibited there are few.
I don't think that there is any country that has prohibited the usage of internet as its not illegal to use internet and all countries needs internet to carry out their businesses but there are few countries that have banned bitcoins permanently and people cannot use it freely like other countries.
I think Bitcoin will dead if every country decides to ban Bitcoin permanently. Then, there will be no more people using Bitcoin because they might be arrested in this condition. And bitcoin can also be dead if there are a new cryptocurrency which is more profitable, more advance and can fix most of the bug of bitcoin. In the future, there will be more cryptos qualifying these facors.
yes you are probably correct, it will be die if some countries will banned it permanently, and in some areas in the world I think, surfing in the internet is prohibited, but not all the country it is prohibited there are few.
Bitcoin can die only when investors turn away from him. Now bitcoin invested a lot of money, so it is popular. If bitcoin ceases to use forsight, then he will just die. But it's too early to talk about this, because we see a sharp increase in the popularity of bitcoin now
When the American and Chinese Governments declare that bitcoin is illegal, if there is a formal statement of American and China Government to ban the bitcoin then bitcoin soon die, because china and the United States is a great country that affect the world.
Yes that can actually make bitcoin die because china is one of the early adopters of bitcoin and most of the early investors and miners are out there so even just china banned bitcoin then the people there will sell their bitcoin and it will affect the market and the price will go down and it will make a panic selling situation which bitcoin's price will suffer.How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
According to 99bitcoins,bitcoin has already died 119 times.Bitcoin has given us the wonderful core technology which is the best innovation of this century.
Bitcoin's price was just $17.34 in jan2012 and now its price is $1300.It must be irritating most bankers eyes.
Bitcoin has found a price appreciation of over 54% in 2016.
So,its very hard for any situation to make bitcoin die.But it should survive the quantum computing which is to be introduced after 20 years.Thats the real challenge which bitcoin has to face.
When the American and Chinese Governments declare that bitcoin is illegal, if there is a formal statement of American and China Government to ban the bitcoin then bitcoin soon die, because china and the United States is a great country that affect the world.
Yes that can actually make bitcoin die because china is one of the early adopters of bitcoin and most of the early investors and miners are out there so even just china banned bitcoin then the people there will sell their bitcoin and it will affect the market and the price will go down and it will make a panic selling situation which bitcoin's price will suffer.
When the American and Chinese Governments declare that bitcoin is illegal, if there is a formal statement of American and China Government to ban the bitcoin then bitcoin soon die, because china and the United States is a great country that affect the world.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Perhaps, bitcoin would die only if the the demand will be stop and bitcoin users will disappear and no traders will no longer attempt to use it. Or if the internet will be gone also. How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Perhaps, bitcoin would die only if the the demand will be stop and bitcoin users will disappear and no traders will no longer attempt to use it. Or if the internet will be gone also. Jump to: