what happens if Bitcoin dies - page 5.

radjie

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Quote from: gendang_cinta on May 31, 2019, 01:02:02 PM

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 has a positive impact on modern technology that has been widely recognized by the layers of society around the world, obviously Bitcoin is the main digital currency that can affect the crypto market. and if bitcoin automatically dies other types of coins will experience the same thing. perhaps the main factor that can make bitcoin die is the loss of internet connection for most countries so that there is no trading activity in it.

MidnightWolf

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In any case, it can be assumed that Bitcoin will lose its relevance, because the duration of the transaction and their price is still not competitive, if we consider the capabilities of other cryptocurrencies. But if Bitcoin is still used as a means of payment, then this problem will be 100% solved.

elcoblast

full member

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Quote from: NEERAJ ANAND on June 10, 2019, 01:47:19 PM

This question is hypothetical and it is your imagination. If bitcoin dies then the crypto market cannot survive as bitcoin is a base currency and an icon of this market. Bitcoin is a symbol for cryptocurrencies.

bitcoin die is not impossible, and even if Bitcoin are die, another Altcoin until now still prepare for replaced bitcoin price, we have stablecoin for backup bitcoin if sometime bitcoin died.

and we have major altcoin can backup bitcoin for keep the cryptocurrency ecosystem running normally, this just crazy imagination from me buddy Grin

budakjawa

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Quote from: inanilujimi on June 10, 2019, 06:18:08 PM

there is no reason to describe how bitcoin will die.
if bitcoin dies, surely all altcoins will follow it.
therefore it is impossible for me

yes because Altcoin is also influential, so how is the future of Bitcoin also the future of Altcoin.
indeed all can die but for now and for a very long time Bitcoin can still live and survive so many people are not sure whether Bitcoin will die.

inanilujimi

sr. member

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there is no reason to describe how bitcoin will die.
if bitcoin dies, surely all altcoins will follow it.
therefore it is impossible for me

Raymondavid47

jr. member

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Merit: 3

In my opinion I really don't see that happening. But really I don't know what the future holds. To me if Bitcoin dies blochain will live on. Blockchain as become useful to the world as we see it. But if Bitcoin dies I think the whole crypto market will crumble because Bitcoin is the mother of all cryptocurrencies. But I believe the market crumbling will just be for a while and everything will come back again. Projects will probably learn from the mistakes of Bitcoins. A lot has been invested into crypto we ain't just gonna let it die like that.

Mia44

full member

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maybe if bitcoin dies everyone will switch to crypto tether currency because coin tether is stable like a US dollar and people will wait until a replacement for Bitcoin exists

Alohadanc3

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Martian Swap - Anti Whale Measures New Yield Farmi

This is nothing but a dream of yours. It is not possible. Blockchain is the next technology and crypto currency is the future. But we have to take every possibility. If Bitcoin dies someday suddenly we saw that the market will be in very bad conditions. Cause in this whole market people trust only and only Bitcoin. And Bitcoin holds more than half of the market cap. But the market or the technology will not die. It will take time to rebuild the market. That's it. But it not gonna happen. So don't worry.

nekonyun

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if bitcoin dies in my opinion it will be replaced by other coins like ethereum, or binance coin because both of these coins have better technology and functions than bitcoin and what can make bitcoin die is if the bitcoin has been finished mined, this will make the bitcoin unable to be sent or be accepted

Mata Kripto

jr. member

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guestcrew.com

according to my opinion it is impossible to happen even every day there are so many who use bitcoin for trade and investment. so I think bitcoin will continue to grow in the future and be difficult to replace by any altcoin or die.

ashmodeus

hero member

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Quote from: NEERAJ ANAND on June 10, 2019, 01:47:19 PM

This question is hypothetical and it is your imagination. If bitcoin dies then the crypto market cannot survive as bitcoin is a base currency and an icon of this market. Bitcoin is a symbol for cryptocurrencies.

well, i will disaggree about ur opinion.
first, we can see on economy side, lets say on this time BTC die suddenly, and it will make market cap loss 55% (based on this time), but what will happended after it ?
nothing, market still continue with another like ETH will be number one, also XRP will be the second.
even though it makes a negative impression,people will stay continue with the remaining left.
the next generation also can be good pumper on marketcap, like BCH and BSV. ( i hate them btw,but in this case they is important for recovering market "IF" BTC trully dead.)
but , the good news, it's imposibble happening.

NEERAJ ANAND

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This question is hypothetical and it is your imagination. If bitcoin dies then the crypto market cannot survive as bitcoin is a base currency and an icon of this market. Bitcoin is a symbol for cryptocurrencies.

Handsome Boy

copper member

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I ❤ ₿itcoin and Ethereum

if Bitcoin die, then there will be no more investments that can give us big profits quickly, because in my opinion just by investing in Bitcoin or cryptocurrency which can give us a very big profit without requiring a long time, besides that when Bitcoin die then I also believe altcoin will die, because people will no longer believe to investing in cryptocurrency (including Bitcoin and Altcoin).

sandra_x

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Binance trade volume is huge and commands a lot of respect within the cryptospace, I use to exercise concerns that if anything goes wrong with Binance ,the market will born,bug the recent hack of binance seem to point to the other direction.We will only have a day or two of red days and then things will go back to normal.There are suitable alternatives

Genrix

member

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Merit: 10

Bitcoin will never die. I can't even imagine this outcome. Really, it seems weird for me. Too much money are freezed in bitcoin, there is no even little chance for death of BTC

TKarollah

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“A nexgen decentralized ride hailing ”

Quote from: Delilonia1 on June 09, 2019, 06:08:12 PM

In actual fact, I don't believe by any means whatsoever that Bitcoin will die. If it was going to die, that should have happened about the time it was introduced but if it has stayed up till now, its never going to die, I has definitely come to stay.

it's hard to believe if Bitcoin will die, indeed life isn't forever, but maybe Bitcoin will die but not now and it's still very long, not know when.
we will lose great hope if Bitcoin dies and maybe Altcoin is no longer feasible.

Delilonia1

member

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In actual fact, I don't believe by any means whatsoever that Bitcoin will die. If it was going to die, that should have happened about the time it was introduced but if it has stayed up till now, its never going to die, I has definitely come to stay.

bvg96634

full member

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The inspection by Satoshi Nakamoto in the year 2009, Bitcoin has suffered many ups and down in its history. I early 2011 it reached 31 dollars then drop back to 2 dollars few months later. Then again in 2013, the bitcoin was at a 1000 dollar but soon dropped back to 300. So even now, the bitcoin reached 20k before dropping to 7.5k. This is how it is.

mr_random

legendary

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BİTCOİN will not die unless there were quantum computers that are able to break the whole blockchain privacy. I don't think it is case for a stronger coins like BTC, XRP, Eth

CryptoAlphaStar

full member

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Well, everything else can die, can be hacked, but BTC is the hardest one.
If I have to hop on this imaginable scenario, I would say that nothing much will change for the rest of the coins in practicality.
However, the belief in crypto and the psychological effects will be hammering.

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