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Author Topic: what happens if the bitcoin disappear ?  (Read 13695 times)
densuj
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September 17, 2016, 02:27:06 PM
 #361

what happens if the next 10 years, bitcoin disappeared and worthless?
I think there are not people who trade altcoins because there is not the benchmark currency for altcoins or there are replace bitcoin using altcoins are like ETH,ripple or another altcoins.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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marleybobthedog
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September 17, 2016, 02:31:18 PM
 #362

It's not possible because bitcoin is spread world wide and one single person can't stop bitcoin network. Anyway if it stops then we have to give up and return our home with water in eyes.
mark coins
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September 17, 2016, 03:20:58 PM
 #363

It's not possible because bitcoin is spread world wide and one single person can't stop bitcoin network. Anyway if it stops then we have to give up and return our home with water in eyes.

Bitcoin can disappear in future but not very soon as bitcoin is still in its primary stage and it has so many things left to offer to its users and we will witness that in coming years.
BitHodler
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September 17, 2016, 03:48:07 PM
 #364

It's not possible because bitcoin is spread world wide and one single person can't stop bitcoin network. Anyway if it stops then we have to give up and return our home with water in eyes.

Bitcoin can disappear in future but not very soon as bitcoin is still in its primary stage and it has so many things left to offer to its users and we will witness that in coming years.
No matter what is happening with Bitcoin in the very far future, there will always be enough miners and nodes hosted to keep Bitcoin up and running. Bitcoin is here to stay.

BSV is not the real Bcash. Bcash is the real Bcash.
Fatanut
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September 18, 2016, 10:10:49 AM
 #365

Bitcoin will never be worthless. The incoming halving and the growing users of Bitcoin is the reason for this. Every single Bitcoin user have talked to non-Bitcoin user about Bitcoin, thus, introducing other people to Bitcoin. If one or two of those people becomes a new Bitcoin user, along the line, they will have a talk to non-Bitcoin users about Bitcoin. Thus, introducing those people again. This cycle would happen over and over until every single person (or atleast the majority of people) knows Bitcoin.

The halving doubles the difficulty of mining. It will always double no matter how huge is the difficulty already. That means that the difficulty is increasing exponentially and we all know that exponential growth of the difficulty would eventually create scarcity in Bitcoins.

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bravehearth0319
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September 18, 2016, 12:13:28 PM
 #366

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



Why are you asking about this thing? your question is very none sense actually, I don't now if you are discouraging everybody. I don't see any reason that bitcoin will disappear after 10 years. For whats happening now the price is good, and the bitcoin user is growing daily together with the investors. so it won't happen maybe in your dream!
fkvidar
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September 18, 2016, 12:22:19 PM
 #367

It's not possible because bitcoin is spread world wide and one single person can't stop bitcoin network. Anyway if it stops then we have to give up and return our home with water in eyes.

Bitcoin can disappear in future but not very soon as bitcoin is still in its primary stage and it has so many things left to offer to its users and we will witness that in coming years.
No matter what is happening with Bitcoin in the very far future, there will always be enough miners and nodes hosted to keep Bitcoin up and running. Bitcoin is here to stay.


Yeah and bitcoin is existing since last 9 years and it has shown us major improvement over a period of time, even after the big crash in the past it has managed to survive and have reached to descent level once again.
Universat
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September 18, 2016, 12:31:26 PM
 #368

It's not possible because bitcoin is spread world wide and one single person can't stop bitcoin network. Anyway if it stops then we have to give up and return our home with water in eyes.

Bitcoin can disappear in future but not very soon as bitcoin is still in its primary stage and it has so many things left to offer to its users and we will witness that in coming years.
no i am not agree with you bitcoin is not going to disappear at any stage, it is becoming more and more stronger as time passes because more and more people are entering in the world of bitcoin and now is becoming an essential part of our life, it is going to replace fiat currency in future and then all the people of the world will be using bitcoin instead of fiat currency.
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