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Topic: Possible reasons that Bitcoin will be gone - page 6. (Read 1709 times)

newbie
Activity: 44
Merit: 0
December 06, 2017, 11:26:57 AM
#11
a nuclear war that result in no electricity , no electricity egal no bitcoin
sr. member
Activity: 448
Merit: 250
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December 06, 2017, 11:22:55 AM
#10
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

I will post the scenarios in where bitcoin can disappear or just crash;

*No internet at all (no conexions, no one can access their wallets) It is never going to happen, 0 possibilities.
*MASSIVE government/banks/instituions FUD about bitcoin, 4/10 possibilities (it could crash)
*No demand, only if people decides to stop buying bitcoins, then it might happen, but i dont think that it will seriously happen, because we all know that the price is going up like crazy, and people still want to buy it.

Nothing more, i dont think that there are more reasons of why it could crash, but honestly, i dont think that it will happen.
hero member
Activity: 854
Merit: 500
December 06, 2017, 11:20:40 AM
#9
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?
Gone - If all bitcoin node operators and miners from all over the world will stop supporting bitcoin network (which is quite unlikely)

Banned - Many countries have already banned the bitcoin to local fiat trade or vice versa but no any government can stop people from making bitcoin transactions.

Lose value - Yes it can it depends on lots of factors and hard to list them here but it will not be zero $ for sure.
hero member
Activity: 490
Merit: 501
December 06, 2017, 11:18:10 AM
#8
Its not gonna happen in reality. Grin

Anything is possible in this world though there are things that got lesser chance of happening and it includes the total death of Bitcoin. The whole world (meaning all the countries and their respective governments) can all unite to ban and jail all the people involved with Bitcoin -- this is the only scenario when I think we can say that Bitcoin can be dead. The good thing is that it is nearly impossible for the whole world to have just one stand on any particular issue. Countries are sovereign and will decide according to their own vested interest and the principles entrenched in a country's morals and culture. As long as there remains the demand for Bitcoin am sure it can never be dead. All other intervening factors can only be serving to strengthen Bitcoin for the long run as what happened after China decided to let go of Bitcoin last September.
sr. member
Activity: 518
Merit: 250
December 06, 2017, 11:15:43 AM
#7
Growth in price makes it less popular between newbies, so less people will be using it. It's not gonna be currency, just an asset. Absence of interest will lead to fall in price, I think.
member
Activity: 630
Merit: 10
December 06, 2017, 11:10:56 AM
#6
Hahhaha i dont think if this will really going to happen especially right now , but if just for fun i think if bitcoin will going to ban by all the county in the world  Roll Eyes Roll Eyes also if all holders will going to drop there coin for fun hehehhe Cheesy , but if theres really a possibilities that it will going to happen the main reason for it will be all the people in crypto world especially those whales Cheesy they manipulating it so they can make it gone if they will going to full force dump the bitcoin Smiley
full member
Activity: 448
Merit: 100
December 06, 2017, 10:55:38 AM
#5
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?
If it is banned, this does not mean that it will not be possible to work with a cryptocurrency. I do not think that something will happen to Bitcoin from what you named
hero member
Activity: 994
Merit: 507
December 06, 2017, 10:33:26 AM
#4
No internet
Banned in all country and
no users.

Which is impossible to happen.
No government will turn off internet.
Banned if bitcoin's name is always involve in crime. Government may fight against it.
No users when people are afraid of the government. But in contrast, even if things get banned, many are still using it.
So, in other words, no demand in Bitcoin equates to its death. Simple as that.

If I remember correctly, I read somehwhere about a post of a user saying in his country, Bitcoin is banned but he still is using it and actually a lot are still. As you can see, if the government has no proper enforcement to make the law delievered properly then it is like any other written words in a paper. If we say a country like US will ban Bitoin then that's another story.
full member
Activity: 630
Merit: 130
December 06, 2017, 10:13:52 AM
#3
No internet
Banned in all country and
no users.

Which is impossible to happen.
No government will turn off internet.
Banned if bitcoin's name is always involve in crime. Government may fight against it.
No users when people are afraid of the government. But in contrast, even if things get banned, many are still using it.
member
Activity: 186
Merit: 13
December 06, 2017, 10:03:09 AM
#2
Its not gonna happen in reality. Grin
member
Activity: 98
Merit: 10
December 06, 2017, 10:00:55 AM
#1
Can you think of possible reasons why Bitcoin could be gone, banned or lose value?
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