what happens if the bitcoin disappear ? - page 18.

n2004al

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Quote from: hermanhs09 on January 21, 2016, 07:32:06 AM

what happens if the next 10 years, bitcoin disappeared and worthless?

Why must happen something? Or better what do you wait to happen? For sure that day my and everyone will go at work and my daughters at school. My wife again will go at work. Probably i will feel deep sorrow about the disappear of something which opened a new era with its creation in the world of technologies with big impact on the everyday life of everyone. Naturally will feel sorrow even for the money lost invested on bitcoin. The "Harvard guy" which made the famous article at Washington Post about the dead of bitcoin since that time will make another one again at Washington Post with only sentence: "I told this time before". Then I would wake up from the sleep terrified (being a holder and follower of bitcoin and not only a connoisseur of it) and will tell everything to my best work friend. That's my picture. It could be otherwise according to you?

Jeremycoin

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𝓗𝓞𝓓𝓛

If Bitcoin disappeared on 10 years, I believe people has found a better way to solve all of those currencies problems and there will be new things like Bitcoin.

umaOuma

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Quote from: Lutzow on January 22, 2016, 01:15:23 AM

Quote from: pooya87 on January 22, 2016, 01:12:42 AM

Quote from: hermanhs09 on January 21, 2016, 07:32:06 AM

what happens if the next 10 years, bitcoin disappeared and worthless?

it is highly unlikely, because bitcoin offers a lot of good features which are useful. besides it is an open sourced project which is always evolving for the better.
so in 10 years it is going to resolve any issues it has and improve in many places. so i don't see this happen.

I don't think it will disappear, it might value less especially if majority sees a better (faster) altcoin especially the POS ones but it's kinda hard to tell really. They might come up with a faster way to transfer bitcoins so alt coins won't get some sunshine but who knows.

Yeah I don't think it will totally disappear, it will loose some value or it will face competition from new entrants, but bitcoin will overcome all its competitors and will survive for a longer time, if the adoption level is good then there are no chances that bitcoin will disappear and become more popular.

vrm86

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Quote from: Lutzow on January 22, 2016, 01:15:23 AM

Quote from: pooya87 on January 22, 2016, 01:12:42 AM

Quote from: hermanhs09 on January 21, 2016, 07:32:06 AM

what happens if the next 10 years, bitcoin disappeared and worthless?

it is highly unlikely, because bitcoin offers a lot of good features which are useful. besides it is an open sourced project which is always evolving for the better.
so in 10 years it is going to resolve any issues it has and improve in many places. so i don't see this happen.

I don't think it will disappear, it might value less especially if majority sees a better (faster) altcoin especially the POS ones but it's kinda hard to tell really. They might come up with a faster way to transfer bitcoins so alt coins won't get some sunshine but who knows.

After few years of obsevartions I am pretty sure, that technical advantages are not as convincing as the high level of adaptation. Any ultra-fast, secure and [enter any feature you like], brand-new altcoin is just a techy tidbit compared to the bitcoin from the common user's point of view.

Lutzow

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Quote from: pooya87 on January 22, 2016, 01:12:42 AM

Quote from: hermanhs09 on January 21, 2016, 07:32:06 AM

what happens if the next 10 years, bitcoin disappeared and worthless?

it is highly unlikely, because bitcoin offers a lot of good features which are useful. besides it is an open sourced project which is always evolving for the better.
so in 10 years it is going to resolve any issues it has and improve in many places. so i don't see this happen.

I don't think it will disappear, it might value less especially if majority sees a better (faster) altcoin especially the POS ones but it's kinda hard to tell really. They might come up with a faster way to transfer bitcoins so alt coins won't get some sunshine but who knows.

pooya87

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Quote from: hermanhs09 on January 21, 2016, 07:32:06 AM

what happens if the next 10 years, bitcoin disappeared and worthless?

it is highly unlikely, because bitcoin offers a lot of good features which are useful. besides it is an open sourced project which is always evolving for the better.
so in 10 years it is going to resolve any issues it has and improve in many places. so i don't see this happen.

YoonYeonghwa

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I don't think so. It still has a bright future ahead of itself.

hermanhs09

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yes, hopefully not happen, hopefully bitcoin further rise in price Grin

allthingsluxury

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Quote from: hermanhs09 on January 21, 2016, 07:32:06 AM

what happens if the next 10 years, bitcoin disappeared and worthless?

I really don't see this happening. Bitcoin is here to stay in my opinion.

pedrog

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I guess nothing special happens, some people will lost some money, others a shit load of money, but the world will continue spinning.

JosNekoKopa

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That will not gonna happen over night i think it will be like alts slow slow agonizing death ..

hawkins

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if bitcoin disappeared, so many people who feel sad, especially for those who are looking for bitcoin to support their families, and if bitcoin disappear, I would be lost revenue side Sad

okae

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northern exposure

Quote from: MicroGuy on January 21, 2016, 08:59:57 AM

When the people of this planet wake up to the Ponzi scheme that's been perpetrated upon them by the central banks for decades, they won't want US Dollars, Euros, or Yen. The people will demand digital currencies like Bitcoin.

The chances that bitcoin and its offshoots (altcoins) disappears and becomes worthless is zero. As you learn more about decentralized currencies, you will come to understand why this is true. You are in the right place, at the right time. The people of the Bitcoin community are intelligent, ready, and able, to be the pioneers in the liberation of mankind.

Amen bro!!

But the point is, people who run that Ponzi scheme, will allow that change? or do you think that they will "join us"?, something must happen in order to do "click" on people that will allow them to change their minds, usually, the fear is the reason that freeze the minds of people, the fear about to "what if this wont work?"

in the end, everything is in our hands, if we prove that bitcoin is better than we had now, i'm sure that "the click" will have success.

7425504

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This is not possible, unless someone invented a very perfect new digital currency, bitcoin prices may be very low, but it will be as a collection of people

SFR10

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Crypto Swap Exchange

A lot of Businesses would be affected too and more expenditure as result since they have to switch to the traditional ways of monetary exchanges and also all the other alt coins would disappear long before BTCitcoin would which I doubt it happens as BTCitcoin is improving day by day. Many would suffer in which BTCitcoin is their only means of online payment (including me).

QuestionAuthority

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You lead and I'll watch you walk away.

Are you predicting a human extinction level event? That's about what would be required for Bitcoin to be completely eradicated worldwide in just 10 short years.

Even if Bitcoin lost most of its userbase in the next decade it wouldn't be gone completely. There would still be at least a handful of fourty year old four eyed little pussies living in their mothers basement trading btc like Star Wars action figures.

morantis

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There is no way that it or any other coin can "disappear". The coins exist in various wallets. The value could drop to the point where people let those wallets go, but the coins still do exist. However, if the price drops to a certain level, then there are always those that are waiting in the wings to buy and buy some more, which will eventually drive the price back up. The death of Bitcoin would take at least a decade because of this every time the price drops to a low level, increased sales will drive it back up. The entire process would dip lower and lower until Bitcoin sits at some low price, like $50 per coin and that would most likely be where it would stay.

ausbit

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Quote from: bikoBoy on January 21, 2016, 09:42:48 AM

I doubt that would happen, I think BTC is filling a certain need and there would be people buying it, using it, trading it continuously and therefore it would maintain existence and a decent price.

Even I don't think that it will happen like this in the future. The Era of Bitcoins is in full boom now. And there is no chance tha the Bitcoins will disappear in the next 10 years. So we don't need to worry about it, we can buy the Bitcoins and save it for the better future.

Kprawn

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Puff the Magic Dragon.... Bitcoin did not disappear. It is a piece of code running on thousands of computers. The magic of P2P networks is that it's decentralized... you can not

magically switch off a P2P system without stopping the other systems running on the same internet network. Bitcoin is going nowhere... it's here to stay. If all the countries in

the world starts regulating it, it will still exist and people will use it legally or illegally, like they doing with other P2P networks. Wink

bikoBoy

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I doubt that would happen, I think BTC is filling a certain need and there would be people buying it, using it, trading it continuously and therefore it would maintain existence and a decent price.

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