Bitcoin can disappear?

[randy8777]

I don't think it's meaningful anymore to discuss what if bitcoin is a scam etc etc... that kind of discussion belongs to 2009-2011 period, Bitcoin is in a way a commodity that increases and decreases on value depending on demand, stocks are too, but they aren't "scam".

Yeah, I think bitcoin period in question, expired as you mentioned above. And now the best thing to do is to invest in it, because many people who believe in the presence of bitcoin and already tested several years ago until today. thanks

Bitcoin holds satisfied users in high numbers especially the early adoptors who invested at right time and now are billionaires, it can also make us rich if we start investing in it as the future of bitcoin is very bright and I don't think it will ever disappear.

there are no bitcoin billionaires as far as the fiat value goes. some one to be a fiat billionaire with the coins that he/she holds need to have 1,754,000btc to claim the billionaire title. satoshi supposedly holds around 1 million coins. at the time the price went through the $1000 price level, then he was a billionaire for a short time (assuming he really has that many coins).

[zeaderza]

I don't think it's meaningful anymore to discuss what if bitcoin is a scam etc etc... that kind of discussion belongs to 2009-2011 period, Bitcoin is in a way a commodity that increases and decreases on value depending on demand, stocks are too, but they aren't "scam".

Yeah, I think bitcoin period in question, expired as you mentioned above. And now the best thing to do is to invest in it, because many people who believe in the presence of bitcoin and already tested several years ago until today. thanks

the question have no sense for us because we know bitcoin very well, but most of peoples are still don't aware of them. and if they aware of that they still feel that bitcoin can disappear one day. thats why they do not invest there.
we should teach them in the right way that bitcoin won't become scam or won't disappear anymore.

[el kaka22]

Bitcoin won't disappear as more and more adoptions were taking place regularly. Might experience great fluctuations when unwanted statements get revealed from the top authorities.

Well, For me, bitcoin will disappear. Not now but soon I think. If all the bitcoin blocks has been mined, there is a possibility that bitcoin will disappear from the cryptocurrency list. Not the bitcoin itself, but on the list of the top cryptocurrency.

You got any backing points for your statement ?

It is highly insane if you are still believing the bitcoin blocks are having some connection for the survival of bitcoin system. Moreover blocks will be mined unlimitedly regardless of total number of bitcoins.

You are right. He might be talking about the popularity of bitcoin among top crypto currency. But that also again insane, if he believes bitcoin will lose its popularity / significance after all the bitcoins will be mined out.

[Harlot]

Bitcoin won't disappear bro as they are regulated by blockchain, also btc won't be a scam the proof is many businesses accept bitcoin as mode of payment e.g. Steam (You can buy games or dlcs with btcs). Btc won't disappear but the biggest possibility is price drop. A big drop in value in which btc is no longer an option similar to disappearing.

[mileymatmun]

it is hard to make bitcoin disappear right now. BItcoin is getting more and more popular and its price is increasing day by day. I have seen many people use bitcoin to buy stuff, pay bill, tax. And although my government ignore bitcoin as a currency, i always believe that one day, they will accept it

[dunfida]

it is hard to make bitcoin disappear right now. BItcoin is getting more and more popular and its price is increasing day by day. I have seen many people use bitcoin to buy stuff, pay bill, tax. And although my government ignore bitcoin as a currency, i always believe that one day, they will accept it

I agree with you, bitcoin is  getting popular  day by day and  the time goes by and there are lost of investors into it and also  there are lot of bitcoins users all over the globe and some  have already adopted it  which their our store in some countries already accepts bitcoin as a payment to their good which is a very great thing.

[mirakal]

it is hard to make bitcoin disappear right now. BItcoin is getting more and more popular and its price is increasing day by day. I have seen many people use bitcoin to buy stuff, pay bill, tax. And although my government ignore bitcoin as a currency, i always believe that one day, they will accept it

I agree with you, bitcoin is  getting popular  day by day and  the time goes by and there are lost of investors into it and also  there are lot of bitcoins users all over the globe and some  have already adopted it  which their our store in some countries already accepts bitcoin as a payment to their good which is a very great thing.

Yes, it is true bitcoin is becoming more stable, it could disappear as there is no permanent thing in this world but the chances is very low and while the chances of survival and success of bitcoin in the future is very high, we might not feel it yet now but if we are holding in the future we can get the best benefits.

[groll]

it is hard to make bitcoin disappear right now. BItcoin is getting more and more popular and its price is increasing day by day. I have seen many people use bitcoin to buy stuff, pay bill, tax. And although my government ignore bitcoin as a currency, i always believe that one day, they will accept it

I agree with you, bitcoin is  getting popular  day by day and  the time goes by and there are lost of investors into it and also  there are lot of bitcoins users all over the globe and some  have already adopted it  which their our store in some countries already accepts bitcoin as a payment to their good which is a very great thing.

Yes, it is true bitcoin is becoming more stable, it could disappear as there is no permanent thing in this world but the chances is very low and while the chances of survival and success of bitcoin in the future is very high, we might not feel it yet now but if we are holding in the future we can get the best benefits.

I agree with you all as we know the status of bitcoin.  It has already built its reputation and is the well known digital currency so it would be hard to believe that someday it would be gone.  As long as many people continue to use and support bitcoin it will never ever happen.  It could happen but maybe another upraded bitcoin or just a revision of it but I think it is already perfect.

[SvenBomvolen]

   Bitcoin can disappear, like we can disappear. This is stupid question, and I didn't see any smart answer about how bitcoins can disappear without any trace, or without any alarm before it. Bitcoin is more stable now, and more widely spread then ever before.
   Personally I don't trust in topics like this, and usually there is no smart comments in threads like this one. I think bitcoin have a future, and I don't think bitcoins will disappear in the future. More chances I give to some new coin that will be better and stronger then bitcoins one day in far future, then to bitcoin just vanish.

[Digital_Lord]

Bitcoin won't disappear bro as they are regulated by blockchain, also btc won't be a scam the proof is many businesses accept bitcoin as mode of payment e.g. Steam (You can buy games or dlcs with btcs). Btc won't disappear but the biggest possibility is price drop. A big drop in value in which btc is no longer an option similar to disappearing.

No. this is also hard for bitcoin to drop price like that. price may drop and up little bit but not so much.
as you said a lot of sites, marketplaces, altcoins, gamblers, investors and lots of individual depending on bitcoin now, so there is no any possibility for bitcoin to be disappear in future,

[bravehearth0319]

Bitcoin will never disappear, it will survive for long time, it might loose its value in future but it will never die for sure, its still in its younger age we need to have patience.

I know and we know all members here hoping and believing that Bitcoins will reach 1000$ this year, the higher demand of community here is the higher price of bitcoin could possibly happen, If that happens our patience of long waiting will result in good encashment. Cheers!!

[bravehearth0319]

Bitcoin can disappear?

Yes, bitcoin can disappear, but its not a central service like e.g. paypal where a single company with a single CEO can decide to close shop. Bitcoin works because many people do something for it. Some have mining equipment, some contribute code in their free time, some goods or services for bitcoin, others have servers or run full nodes from home. They all together make bitcoin work. If they all (or a larger number of them) decide to no longer care for bitcoin, it will become meaningless.

And if bitcoin is a scam, what will happen in world?

Everything about bitcoin how works is open and can be examined. If you take the time to learn more about bitcoin you will understand that bitcoin itself can not be a scam same as the internet itself cant. There are scammers that are after your bitcoin though, so be careful who you trust.

People will panic?

Many people in here will get worried if ever that happens. Through Bitcoin majority of the individuals here learn a lot of things and helped many people to their financial problems too. But  atleast we don't have to worry because it will remain the existency of bitcoin as long as there is a bitcoin users like us who continually patronizing it.

I dont think so. I think if bitcoin ever disappeared its either because there is a bigger problem (e.g. no internet) or because it slowly died out.

[jerowacik]

Bitcoin will never disappear, it will survive for long time, it might loose its value in future but it will never die for sure, its still in its younger age we need to have patience.

I know and we know all members here hoping and believing that Bitcoins will reach 1000$ this year, the higher demand of community here is the higher price of bitcoin could possibly happen, If that happens our patience of long waiting will result in good encashment. Cheers!!

or me bitcoin will need some time to get the numbers 100USD. it was quite difficult because of the current price movements are not too fast bitcoin Even halving since the majority of bitcoin prices have decreased.

[anonbit992]

Bitcoin is here to stay

[Danielzo]

Can Dollars disappear just like that? No. The same with Bitcoin. It now became a "real" currency and it can't disappear.

[btvGainer]

Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?

How can it be a scam?Bitcoin is not controlled by any single entity but by various people playing different role in bitcoin network

[danherbias07]

Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?

How can it be a scam?Bitcoin is not controlled by any single entity but by various people playing different role in bitcoin network

Yeah that is true. Without someone controlling it how can it scam people. I think he is talking about the people with the power to create a website or exchange and use that to get people's trust then end up scamming them.

[Xtar]

If someone will hack bitcoin protocol, it can disappear.

[gerXhonza]

Bitcoin will never disappear, it will survive for long time, it might loose its value in future but it will never die for sure, its still in its younger age we need to have patience.

I know and we know all members here hoping and believing that Bitcoins will reach 1000$ this year, the higher demand of community here is the higher price of bitcoin could possibly happen, If that happens our patience of long waiting will result in good encashment. Cheers!!

or me bitcoin will need some time to get the numbers 100USD. it was quite difficult because of the current price movements are not too fast bitcoin Even halving since the majority of bitcoin prices have decreased.

Price dropped because of bitfinex hack, but I think you didn't notice that it also started to recover very soon, and I don't think that it will go back to $100 from here.

[jak3]

after 7year of running this system i do not think it can anyhow be a scam and i don't think the term scam will be sutable for it because it is just a kind of money not a servic which will return us something insted of itself