What if all coins disappear?? - page 10.

sasaku bitbit

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Quote from: bahrun55 on August 04, 2017, 11:13:26 PM

Quote from: Giapmanhdong on August 04, 2017, 11:09:19 PM

I think this never happened because of the virtual currency it is the current trend
Roll Eyes

nothing is impossible, for now it seems impossible because altcoin is an innovation from the developer to make the coin better than Bitcoin

This is not very likely to occur would be if all the coins disappeared because altcoin is one of the ways to develop make bitcoin better with some other coin. and will also make its virtual currency making as the currency of the future, a future that is for the better

Cranidos

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Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

I do not think that will happen in the future but if it does, all we have to do is to deal with it. I believe that a better one will exists when these coins go extinct, right? So let us just get on board to that new ship. Or we can always go back to fiat. Whatever happens to these cryptocurrencies, we just have to accept that fact.

roadbits

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Quote from: Cootie on August 06, 2017, 02:37:35 AM

Quote from: skorupi17 on August 06, 2017, 02:21:17 AM

Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

It is possible to happen since a technology will always be replaced by a new and advanced technology. So if ever these cryptocurrencies died all of a sudden, I'll move to fiat, again, or whatever is there. If that scenario is inevitable then we have no choice but to deal with it. We should cut the crap and live on. Whining will not bring them back so what's the point?

i definitely agree. There's no nothing to worry when that time comes. We've already strive for a living before those things existed. Maybe we'll do it again but the way it used to be. We must not be over dependent to those things because they're too unstable. And also those things have have certainty of income or profit because of its instability. It will only cause disappointment to those expecting too much from them.

I think most of the people invested their extra money on these coins. So if it will not affect much if all coins disappear. And one more thing no coin will disappear suddenly we will get a chance to convert those coins into fiat currency. So worry about investment. Max to max what will happen we will get some loss right. It is common we knew everything and invested on these coins, so we need to accept what ever we get in the end.

Cootie

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Quote from: skorupi17 on August 06, 2017, 02:21:17 AM

Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

It is possible to happen since a technology will always be replaced by a new and advanced technology. So if ever these cryptocurrencies died all of a sudden, I'll move to fiat, again, or whatever is there. If that scenario is inevitable then we have no choice but to deal with it. We should cut the crap and live on. Whining will not bring them back so what's the point?

i definitely agree. There's no nothing to worry when that time comes. We've already strive for a living before those things existed. Maybe we'll do it again but the way it used to be. We must not be over dependent to those things because they're too unstable. And also those things have have certainty of income or profit because of its instability. It will only cause disappointment to those expecting too much from them.

kryptqnick

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Quote from: kidoseagle0312 on August 04, 2017, 10:27:43 PM

Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

I think that won't happen anyway. Because nowadays many of the altcoin are being entertained by the bitcoin/crypto community.
And what do you mean by all coins dissapear? are you saying including bitcoin?

I believe while answering the question we should not think of it as of a real possible problem but rather as of a thought experiment. If we don't add additional info to what we have, it is just a normal day with no nuclear war or something like that. You wake up, turn on your laptop and find out in the Internet that the coins are gone. You can't believe your eyes and so you quickly enter your wallet. You see no coins there. As if they've never been there. I think that overall cryptocurrency community is about 20 million people. The overall population of the potentially civilized world is about 5 billion people. So, at best, of one 250 people will wake up and become highly depressed and covered in panic. It will surely be on the news in countries like USA, Canada, Russia, China but it is not likely to affect a significant amount of people. The economy is likely to suffer, though, for it will be around 95 billion dollars lost.

skorupi17

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Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

It is possible to happen since a technology will always be replaced by a new and advanced technology. So if ever these cryptocurrencies died all of a sudden, I'll move to fiat, again, or whatever is there. If that scenario is inevitable then we have no choice but to deal with it. We should cut the crap and live on. Whining will not bring them back so what's the point?

chineseprancing

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Quote from: paragon07 on August 04, 2017, 11:37:53 PM

if that things happen, if all coins will disappear? it will go back to a normal life. work and sleep 😁. life must go on. nothing is impossible for that. we need to work hard

I was ready on that situation, because I can't give up my work and my business. Bitcoin is my part time job only, I can't use all of my time on this. My priority always is my real job, family and some business I made. But that things was not happen because if you can see bitcoin now was stable.

PANK21

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Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

If that thing happened that there wont be any online transaction, trading and online payments .. Other than that there will be no jobs for people who works online . Those who use coins for their beneficial needs are going bankrupt. It will cause social media panic and reports if all the coins disappear.

paragon07

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if that things happen, if all coins will disappear? it will go back to a normal life. work and sleep 😁. life must go on. nothing is impossible for that. we need to work hard

umbara ardian

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Will surely make the traders panic. If it happens like a job loss.

bahrun55

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Quote from: Giapmanhdong on August 04, 2017, 11:09:19 PM

I think this never happened because of the virtual currency it is the current trend
Roll Eyes

nothing is impossible, for now it seems impossible because altcoin is an innovation from the developer to make the coin better than Bitcoin

Giapmanhdong

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I think this never happened because of the virtual currency it is the current trend
Roll Eyes

Rufsilf

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If all coins will disappear then a lot of people will be mad because almost all the people putted a lot of money in cryptocurrencies so if all of those coins will disappear without having a valid explanation then all people here and in the other part of the world will do all of their best to find the person who are in charged of that kind of scenario.

noictib

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Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

It is only the thinking that can gibe fear to newbie , but if possible then it can happen only by hacking or any type of attack on the exchange .
Here if you can see at the history of thr ETH coin theft from many big big high secure exchange then you will find that a big amount of the money was threatened away from the thief attacker on exchange .
And i think no one was able to do anything with such types of problems because this is virtual currency and we can't trace footprint of any person ( whether is scammer or legut earner ).
(But that was the heart of the ETH coin owner who gave the componsation of the loss of eth coin at tue exchange , a really big heart person And i can't forget that time ) .

kidoseagle0312

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Quote from: blckhawk on July 26, 2017, 01:31:56 AM

What you will do if that thing will happen someday??

I think that won't happen anyway. Because nowadays many of the altcoin are being entertained by the bitcoin/crypto community.
And what do you mean by all coins dissapear? are you saying including bitcoin?

Golftech

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Quote from: hieuho381 on August 04, 2017, 09:32:31 PM

Quote from: Duzter on August 04, 2017, 09:26:35 PM

People starts focusing on something else that fills the place of the cryptocurrency. In specific it won't happen in a short or long, because people prioritize it than any other way of profiting just because of the way it supports people in make living better after using it.

If that happens then surely there will be a new industry more modern than Cryptocurrency, this can happen in the future and it is definitely the third industrial revolution and we have to adapt to the background that industry

For now I'm sure that this industry will continue to grow and its still on its still stage so we can't say if there's a possibilities of any break down the only thing is people always finding ways how to generate profits so if they seen new ideas maybe crypto will be taken out too.

KluFf

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"just accept it" . and i think it wont happen.
some people are too pro to Save Cryptocurrency.
Many people is going to get a Normal Job.
and Some will going to get crazy because they dedicate their life in Cryptocurrency world

negancoin

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Fiat will be happy so much hahaha
it would be a disaster for anyone who invested in cryptocurrency.

hieuho381

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Quote from: Duzter on August 04, 2017, 09:26:35 PM

People starts focusing on something else that fills the place of the cryptocurrency. In specific it won't happen in a short or long, because people prioritize it than any other way of profiting just because of the way it supports people in make living better after using it.

If that happens then surely there will be a new industry more modern than Cryptocurrency, this can happen in the future and it is definitely the third industrial revolution and we have to adapt to the background that industry

Duzter

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People starts focusing on something else that fills the place of the cryptocurrency. In specific it won't happen in a short or long, because people prioritize it than any other way of profiting just because of the way it supports people in make living better after using it.

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