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Topic: what happens if Bitcoin dies - page 13. (Read 2921 times)

full member
Activity: 644
Merit: 100
June 04, 2019, 09:09:43 AM
Then 90% of people immediately lost confidence in the crypto currency and the market would be much bent,but this will not happen,since today 30% of all bitcoins are held by Whales,people with huge money,and still a lot want to buy them,and every year the demand for current will grow and the price accordingly
full member
Activity: 491
Merit: 100
June 04, 2019, 09:02:43 AM
I believe that nothing is eternal.  All comes to an end sooner or later.  But if Bitcoin will continue to develop, he will not die.  But still there will be no Bitcoin, there will be no cryptocurrency.
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
June 04, 2019, 08:48:49 AM
The whole industry dies. I can tell you exactly about it, because without a leader and a mastodon in this industry, no one will come here.

If bitcoin dies, i think most altcoin price will fall the price. Its true that altcoin have different purpose than bitcoin but most altcoin price depend on bitcoin and when bitcoin dies and the price goes to zero, the whole industry will collapse.
it's just fantastic. Bitcoin can not die from a technical point of view. while at least one miner is turned on - Bitcoin will live. Only if the whole internet will die - bitcoin can die. How it sounds?
sr. member
Activity: 1428
Merit: 251
June 04, 2019, 07:50:15 AM
The whole industry dies. I can tell you exactly about it, because without a leader and a mastodon in this industry, no one will come here.

If bitcoin dies, i think most altcoin price will fall the price. Its true that altcoin have different purpose than bitcoin but most altcoin price depend on bitcoin and when bitcoin dies and the price goes to zero, the whole industry will collapse.
full member
Activity: 482
Merit: 117
June 04, 2019, 07:12:28 AM
The whole industry dies. I can tell you exactly about it, because without a leader and a mastodon in this industry, no one will come here.
member
Activity: 364
Merit: 10
June 04, 2019, 07:05:27 AM
In my opinion, there's no way bitcoin can die out from cryptocurrency. If Bitcoins happens to die then all other crypto coins will be nothing because bitcoin has an influence on other coins.
member
Activity: 546
Merit: 32
June 04, 2019, 06:39:33 AM
we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?
Personally I never agree that bitcoin will die,but if that happens no other cryptocurrencies will stay too longer because crypto haters will spread the fall of Bitcoin and convince everyone that all others will fall someday.
hero member
Activity: 1204
Merit: 505
June 04, 2019, 06:16:42 AM
Obviously, because bitcoin is built with transactions on the blockchain network and certainly has internet, and if the internet network is lost then bitcoin will automatically die, it's just a little impossible if the internet is removed because the internet network is very global and always used by the public daily work needs.
I thought that would not be possible. because in the future everyone will adopt blockchain technology and its development. we can see now that there are so many trade and banking industries that have begun to adopt the blockchain. I think it's not good to talk about this topic.
There is no point in discussing this topic because the Blockchain technology is spreading around the world and the crypto currency is getting famous with the passage of time. Investors are investing and traders are trading then there is no point in realizing that what if Bitcoin dies. It is totally out of mind if we say like this. It is the same as when you build and tower and then realize that what if it falls.
member
Activity: 821
Merit: 20
SOL.BIOKRIPT.COM
June 04, 2019, 06:02:43 AM
First right my opinion bitcoin will never dies because this is the king of number one currency in the Cryptocurrency world. Secondly if it possible then Cryptocurrency market 90% going to dead and I will leave the crypto life.
full member
Activity: 1750
Merit: 118
June 04, 2019, 06:01:06 AM
if bitcoin dies other cryptos will follow but before that  . i cant imagine how or where will all the money will go ? Its possible that a huge whale will sell all his entire crypto cabinet and sap all the money on the cryto market ?  I hope that wont happen one day  because that will be a total disaster   .  i dont also think that a single whale hodls alot of crypto but i guess cryptos are spread among every investors   .
sr. member
Activity: 994
Merit: 250
June 04, 2019, 05:55:04 AM
As I believe that Bitcoin will not die as it is an advanced technology and many large corporations invest in it and even if it is assumed that it dies, the cryptocurrency market will still function as a cryptocurrency is a whole ecosystem that works not on one asset but on all assets generally.
jr. member
Activity: 258
Merit: 2
June 04, 2019, 05:53:20 AM
hello mate! well i guess cryptocurrency will die eventually,  if not it's gonna go all down drastically. bitcoin is the main or heart of cryptocurrency. every crypto listed in the market today is being traded from or to bitcoin. but i don't its gonna happen, it will even grow bigger surpassing what it reaches in the past. bottomline? just hodl. cheers!
newbie
Activity: 42
Merit: 0
June 04, 2019, 05:52:14 AM
As what you say. Bitcoin was the best crypto right now. So i guess bitcoin will never dies and leave the marketplace because many investors was choosing this over some other alts in the market. So its really impossible for the other alts to take the place of tje bitcoin being at its best like the dencoin token.
member
Activity: 893
Merit: 43
Random coins :)
June 04, 2019, 05:28:49 AM
Am just thinking in what way would bitcoin die it being a decentralized cryptocurrency?? It's not like someone can pull the plug and end bitcoin.

If this was to happen many other coins would certainly take the plunge as most coins survive on bitcoins existence as seen by price dependency.

sr. member
Activity: 1372
Merit: 275
June 04, 2019, 05:12:29 AM
Of course there will be a big increase in the ecosystem that has been formed at this time. the big influence of bitcoin and also every person put great hopes on bitcoin from altcoin will make the altcoin also destroyed if it will happen.but I don't think that in the near future it will happen
copper member
Activity: 1120
Merit: 2
June 04, 2019, 05:06:22 AM
we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?
Now we are in ultra technology world.so can't imagine to die Bitcoin.But if died any how i think alnative some coins lead this market.
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform
June 04, 2019, 05:01:56 AM
we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?

bitcoin will not die. how could it happen? maybe he will lose place 1 sometime but there is no scenario in which the btc dies Wink


Just a question of what will happen to the market if the old model is replaced with a new one. This is certainly a hard blow for any economic system. Let's say if we replace gold with silver. There will be a global crisis.
What if USD all around the world disappears? These are the kind of absurd questions that you cannot even get an answer on Quora. Yeah there will be loss of great wealth if Bitcoin disappears but I think it has gotten no reason to disappear and would rather stay in the crypto market for long and long. So yeah, you do not need to feel insecure and should speculate in Bitcoin.
full member
Activity: 406
Merit: 100
June 04, 2019, 04:52:31 AM
Bitcoin dying is quite impossible, unless the whole world will banned it forever. Anyways i cannot see it going ban anyways, not in the whole word at least. Any coin will die but not btc. Btc is the mother of all cryptocurrency and we can all agree that digital currency has a big and bright future ahead.
hero member
Activity: 1022
Merit: 538
June 04, 2019, 04:43:46 AM
we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?
First Bitcoin technology cannot die no matter what, and if Bitcoin dies, then we will go back to our bondage, I mean financial bondage placed on us by government and also continue finding it difficult to make transactions easily amongst ourselves without delays and the interference of third party.

The only thing that can make Bitcoin die is when all government of the world comes together to declare it illegal and penalize whoever uses it, then secondly, Bitcoin can die temporarily if it stops getting volumes, and for it to stop getting volumes, it means we would have generally stopped using it which is absolutely impossible for now.

Bitcoin ushered in blockchain technology, what will even make it to die?
Nevertheless, assuming it happens, although it won't another coin will take over. What we are to know is that the crypto space has come to a level where going back is impossible, rather it will continue moving forward.
I do not think it will be possible for any coin to ever take over Bitcoin, because majority of the coins we have now still depends on Bitcoin and moreover, Bitcoin still remains the only cryptocurrency that runs fully on decentralized technology, I just see other coin deceiving people they run on decentralized technology, meanwhile they don’t.

Cryptocurrency will never die, the only thing I just foresee if it gets too deep beyond government control is for them to create a global cryptocurrency through general agreement and then impose this currency on the people of the  world, which I also really doubt the possibility of this as we do not have the unity required to do this.
sr. member
Activity: 817
Merit: 250
June 03, 2019, 12:44:36 PM
Obviously, because bitcoin is built with transactions on the blockchain network and certainly has internet, and if the internet network is lost then bitcoin will automatically die, it's just a little impossible if the internet is removed because the internet network is very global and always used by the public daily work needs.
I thought that would not be possible. because in the future everyone will adopt blockchain technology and its development. we can see now that there are so many trade and banking industries that have begun to adopt the blockchain. I think it's not good to talk about this topic.
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