Topic: Possible reasons that Bitcoin will be gone - page 2. (Read 1709 times)
The only reason that could influence the Bitcoin disappearance could be the world without electricity. Without electricity, centraliezed currencies would make their comeback to the market world again in a big style. That could happen only if a nuclear war starts or some other disaster destroys everything. Everything is possible but I don't believe Bitcoin will disappear anytime soon. It will rise even more and people will start to accept it as the main payment. Few more years have to pass for the acceptance of a Bitcoin as a legal way of payment in all countries. Bitcoin disappearance is possible but it can be only measured in the 1 percent of possibility.
I think if there is such thing that will cause for the company of bitcoin gone that would be their clients or investors.
The client of the company is their life blood and the reasons why they are still survive. If all companies lose their client;
their existence in this world will also gone.
The client of the company is their life blood and the reasons why they are still survive. If all companies lose their client;
their existence in this world will also gone.
Pump and dump on a large scale by corporate structures will create major wealth loss resulting in government regulation. Yes, they can criminalize anonymous bitcoin holdings.
The most likely reason that Bitcoin would be gone is because someone got over 50% or more of the mining power and did what is called a "hard-fork" essentially duplicating the blockchain and they could make a second Bitcoin and destroy the old one.
If there was a large ICO that somebody builds then runs away with the money then there would be a lot less people holding Bitcoin.There's a few smart people in here so that is not likely.
The fee of bitcoin is keep on going up and that will become the reason for the people to transfer into another coin which is like bitcoin but it has a lower fee and also faster than the blockchain of bitcoin. That is why we should rush in fixing the problem so the people will not migrate to another coin because bitcoin is having a huge threat which is the expensive fees.
Bitcoin will be gone if all the countries in the world joined together to ban the purchase and use of bitcoin in any transaction, this includes placing sanctions to store owners who accept bitcoin as payment. Another is when the internet is gone then bitcoin will also cease to exit
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?
The only possible thing that could end bitcoin is worldwide internet shutdown. For losing its value maybe if many countries will banned bitcoin because they will all sell their BTC and will lead to price go down.
I hope there will be no possibility to make bitcoin disappear.
I saw people talking about Internet and electricity interruptions which will never happen so no reason to worry about that.
What will make bitcoin disappear is the emergence of a new technology that will replace bitcoin by offering more features and improving the current services.
Hard forks can make bitcoin network more efficient and thus avoid its extinction.
I saw people talking about Internet and electricity interruptions which will never happen so no reason to worry about that.
What will make bitcoin disappear is the emergence of a new technology that will replace bitcoin by offering more features and improving the current services.
Hard forks can make bitcoin network more efficient and thus avoid its extinction.
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?
The possible reason that I think that can stop bitcoin were no internet connection, if its banned the country, and when no one buys it. Internet connection was bery important for bitcoin as it is exist in the virtual world everything about it was function with the help of internet. It will also be gone if the government banned it and stop people on using it.I think without internet connection is sufficient enough, and how it may happen? Maybe when a catastrophic nuclear war happens in whole world which will reset our planet into ice age or stone age. Right now, cryptocurrencies are unstoppable.
The most likely reason that Bitcoin would be gone is because someone got over 50% or more of the mining power and did what is called a "hard-fork" essentially duplicating the blockchain and they could make a second Bitcoin and destroy the old one.
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?
The possible reason that I think that can stop bitcoin were no internet connection, if its banned the country, and when no one buys it. Internet connection was bery important for bitcoin as it is exist in the virtual world everything about it was function with the help of internet. It will also be gone if the government banned it and stop people on using it. government ban.
That is possible since there are a lot of countries that are banning bitcoin because of the "threat" it will be doing in the future, as they said it.
organization ban.
I think it may affect but not that big since there are a lot of organizations that are not accepting bitcoin but still, it is still having a price pump.
system ban in internet.
I think this will be really impossible, I think the last possibility will be the exchangers ban. You can ban bitcoin in a country, you can ban bitcoin in an organization, but if all of the exhangers will be banned, I think that will be the devastating.
I think bitcoin will gone through the reason of government intervention. If bitcoin is used in crimes then government may have the right to get through it. But I don't know if that's gonna happen in reality because I can see no death sign for bitcoin.
I think bitcoin will not be used totally in crimes.Only fools are doing it.IMO bitcoin will only have its downfall if all its users,traders and investors will not gonna use bitcoin anymore.If there will be no more demands for bitcoin,then bitcoin will die surely.
I think bitcoin will gone through the reason of government intervention. If bitcoin is used in crimes then government may have the right to get through it. But I don't know if that's gonna happen in reality because I can see no death sign for bitcoin.
No internet
Banned in all country and
no users.
I think that all the above three are impossible to happen.Banned in all country and
no users.
I think that the real threat to bitcoin would be the introduction of Quantum computers which would take almost twenty more years to come in to existence.But we could hope that appropriate safety measures would be taken to save bitcoin before its entry.
I think it will always have a value since it was the first but not in the thousands. It's not sustainable as a currency, maybe as a community.
bitcoin can disappear if no one else is interested in bitcoin.bitcoin can be banned if bitcoin is used by criminal to commit a crime, there are many reasons bitcoin can lose its value, such as sales more than purchase, hardfork happened, less bitcoin spreading. and many more.
When a massive solar storm hits the earth. Electromagnetic waves will destroy most of the electronics in earth, that's why cryptocurrency might be destroyed.
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?
sometimes I think about it too. but I see the fact that bitcoin values are constantly rising. I do not want to be left so I remove the negative thinking that is in my head.
bitcoin will disappear for a number of reasons:
No one uses bitcoin anymore.
The internet is cut across the world.
The United Nations prohibits bitcoins all over the world.
The internet is cut off and no one using bitcoin is unlikely. I hope the UN will not ban the bitcoin because a lot of people and i want to use bitcoin.
No one uses bitcoin anymore.
The internet is cut across the world.
The United Nations prohibits bitcoins all over the world.
The internet is cut off and no one using bitcoin is unlikely. I hope the UN will not ban the bitcoin because a lot of people and i want to use bitcoin.
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