Bitcoin Forum
June 15, 2024, 04:25:50 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6]  All
  Print  
Author Topic: When Bitcoin fails - what is Plan B?  (Read 6489 times)
gregyoung14
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
February 05, 2016, 01:44:54 PM
 #101

If bitcoin fails, it means most altcoin will fail following bitcoin Roll Eyes
Then, many altcoin created by community or company will rise & say it's bitcoin 2.0 or something better than bitcoin.

My plan B is sell all bitcoin i have & time to move on something better than bitcoin.

Guess then this makes the question irrelevant. Haha. But if you ask me, Bitcoin can only fail if an altcoin was able to develop Bitcoins flaws.
bearex
Hero Member
*****
Offline Offline

Activity: 560
Merit: 501



View Profile
February 05, 2016, 01:57:28 PM
 #102

Then all coins are doomed to failure. Because people will think it will be the same as happened with Bitcoin.
Gutemberg
Member
**
Offline Offline

Activity: 83
Merit: 10


View Profile
February 05, 2016, 02:05:30 PM
 #103

bitcoin just include the Plans B  Cool

~Bitcoin~
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
February 05, 2016, 02:44:44 PM
 #104

Plan B could be other alt coins. I certainly hope that Plan B is another similar currency. The current fiat system is not sustainable.
I don't think other altcoin will be successfully if bitcoin goes down. All of the crypto seems to depended upon bitcoin market move till now.

worhiper_-_
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


View Profile
February 05, 2016, 02:46:53 PM
 #105

I don't thin k that bitcoin has the potential to fail any time soon. Even if for some reason it hits a wall and stops satisfying the user demands there'll surely be an alternative fork that will. But that seems unlikely given that there's so much infrastructure built.
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1074


View Profile
February 05, 2016, 02:47:04 PM
 #106

I take the diversification approach to investing in Crypto currencies. { 50 / 30 /20 } I invest 50% in Bitcoin & 30% non-crypto related investments and

another 20% in other Alt coins. I will never put all my eggs in one basket, not just to distribute the risk, but also to increase my chances to hit the

jackpot with other things. If real state booms, I can grab a share of that or if a Alt coin is very successful, I will have a portion of that profits.  Grin

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
ctlaltdefeat
Sr. Member
****
Offline Offline

Activity: 464
Merit: 250


View Profile
February 05, 2016, 04:15:14 PM
 #107

This thread got me think:
https://bitcointalk.org/index.php?topic=912190.0


what's Plan B in case bitcoin suffers total failure?


i never think about bitcoin failure,if tht happen,of course i dont have plan B,if really happen that bitcoin is dissaper,i will trade another crypto,i wish some exchange still alive if bitcoin was dead.
johnyj
Legendary
*
Offline Offline

Activity: 1988
Merit: 1012


Beyond Imagination


View Profile
February 05, 2016, 05:20:27 PM
 #108

At this stage, it will never fail, because the hash power is already here, that's the infrastructure of bitcoin's value base. As long as those farms are intact, they just need to run a most widely used software and everything will be fine. Or, they can even run a minority version software but the risk of the coins on that chain being shorted to death is very high

mtnsaa
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000


View Profile
February 05, 2016, 05:53:00 PM
 #109

I can speak for myself and lately I've fled to the altcoin community, not with all my savings of course but I've tried to diversify a little bit since there's like a mini gold rush right now so you may as well do some BTC if you know what you are doing. There's also the possibility that you can get into a new upcoming project (there are plenty of it) that eventually can become more popular than Bitcoin ever did. In many ways I feel Bitcoin had its time and it's in a long agony right now unless it can pull out a miracle, there's just absolutely no demand for it from the average consumer.
popovicbit
Full Member
***
Offline Offline

Activity: 144
Merit: 101


View Profile
February 05, 2016, 06:15:14 PM
 #110




NO Plan B guys!

We are halving the baby soon!
Aamir1
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
February 05, 2016, 06:33:57 PM
 #111

Firstly i don't see any chance of bitcoin for failing as it is being accepted by many websites and places by time, and secondly, a kingdom always has a king if the king dies then another takes its place and start ruling over, so if bitcoin fails totally so another coin will take its place. Maybe litecoin or some other.
PakistanHockeyfan
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
February 05, 2016, 10:32:56 PM
 #112

Bitcoin itself is already a plan B. With that in mind, we will not have a plan B. Perhaps a plan C can be executed. Who knows though? Only time will tell.
Pages: « 1 2 3 4 5 [6]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!