Daniel91
Legendary
 Offline
Activity: 3374
Merit: 1824
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April 18, 2016, 03:47:53 PM |
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Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?
I think that you are overreacting  Bitcoin will never disappear, it can just become less significant if some other virtual currency becomes more popular. Bitcoin is not scam but can become failure like everything else in human history. People will panic? Which people? Do you really think that much people using BTC? We are not yet mainstream and most people never heard about Bitcoin yet. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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BitcoinSupremo
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April 18, 2016, 03:55:16 PM |
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Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?
I think that you are overreacting Bitcoin will never disappear, it can just become less significant if some other virtual currency becomes more popular. Bitcoin is not scam but can become failure like everything else in human history. People will panic? Which people? Do you really think that much people using BTC? We are not yet mainstream and most people never heard about Bitcoin yet. For sure it will NOT disappear in the near term. Very few people of world population know bitcoin as of yet. So maybe it may fall in value, but it can never disappear in near term. If you are scared then sell all of your BTC and you will be fine(I think the one who will buy them ,will be very very lucky in future). |
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hawkins
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April 18, 2016, 04:00:14 PM |
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Just wait until you figure out that everything you have ever known WILL disappear someday.  someday. well, might one day disappear, but this is like waiting when the gold price will be $ 0 or when gold becomes worthless, because bitcoin as gold.  |
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Cuntabula
Newbie
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Activity: 45
Merit: 0
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April 18, 2016, 04:06:44 PM |
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Talk here and will always be basically stay here , assuming people will continue to host and full of mining nodes . Although only 4 or 5 people who ran the mines and the complete package in the world . Talk enough work to keep it .
Thank you.
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daringdiscovered
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May 27, 2016, 02:17:49 PM |
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Yes there is a chance that bitcoin and bitcoin walet can disappear in the market.It can be a scam or it's price will be gone.There is high tendency of scam because of its too many users out there.If bitcoin will be a scam it maybe the biggest scam on cryptocurrency history.But lets just hope that it will not be gone and hope for best
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JessicaSe
Legendary
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Activity: 840
Merit: 1000
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May 27, 2016, 02:20:41 PM |
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I don't think that bitcoin can disappear so easily, its still in its younger stage and it will take some time to grow, it will survive at least for a decade.
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BitcoinHodler
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May 27, 2016, 02:25:43 PM |
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i don't get what the purpose of this topic is in here? there should really be a new board in the forum dedicated to FUD or to soften the term you can call it conspiracy theories to put all these topics there. |
Holding Bitcoin More Every Day
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lister storm
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May 27, 2016, 02:33:16 PM |
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Just wait until you figure out that everything you have ever known WILL disappear someday. someday. well, might one day disappear, but this is like waiting when the gold price will be $ 0 or when gold becomes worthless, because bitcoin as gold. bitcoin is not the same as gold at all if the price of the bitcoin drops a lot that does not mean that the price of gold will also be so low, and i think that the price of the bitcoin will never fall that much well bitcoin surely can disappear as there might be the end of the world and then all would be gone, though if everything goes normally the bitcoin will not disappear |
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BitsandBites
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May 27, 2016, 02:34:58 PM |
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The chance will be really small that it can disappear and that is because you see now that it is becoming more popular so that is really nice for the currency itself.
And even some people says that it will be the future payment method but if it will disappear than it will happen after some 20 years I think.
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wintermeasures
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May 27, 2016, 02:35:41 PM |
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Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?
I think that possibility can occur. For panic I guess not if the person using bitcoin already know the risk of this currency. invest with funds that could be lost, you are ready to receive it. thank you |
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dotajhay
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May 28, 2016, 12:11:49 PM |
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Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?
Never, because bitcoin is belong to the other currencies and other store branches will accepts bitcoins like 7/11 here in the philippines they accepting bitcoins and other stores in our mall |
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dezoel
Legendary
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Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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May 28, 2016, 12:13:29 PM |
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The chance will be really small that it can disappear and that is because you see now that it is becoming more popular so that is really nice for the currency itself.
And even some people says that it will be the future payment method but if it will disappear than it will happen after some 20 years I think.
Agreed, it cannot disappear fully, may be it will have lower price in future but it will exist, and if it gets support from big companies then the price will be higher too. |
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Hirose UK
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May 28, 2016, 12:41:10 PM |
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How could bitcoin disappear? I don't think that could happen. It can reduce in value to 0.01 cent but that doesn't mean it will vanish and not be available to be used as a currency. Nothing in the online world truly disappears. That is the number one rule of the internet.
I agree, online stuff will not disappear because it's saved in data. so is bitcoin. probably OP means bitcoin can be not mainstream or kind of thing, I mean it'll be forgotten. so it means disappear. but I don't think so, unless there's another cryptocurrency better than bitcoin. |
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john2231
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May 28, 2016, 01:31:46 PM |
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Well i think no bitcoin will not disappear in the future.. because more people are using bitcoin and more stores are accepting bitcoin as payment..so for me its impossible..
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peta4e
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May 28, 2016, 01:34:39 PM |
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Well i think no bitcoin will not disappear in the future.. because more people are using bitcoin and more stores are accepting bitcoin as payment..so for me its impossible..
Bitcoin will survive for many years to come, it is on developing stage at a moment, and we will see many online sites and offline stores start accepting bitcoin as a mode of payment in future. |
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Cryptonitex
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May 28, 2016, 01:37:31 PM |
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It doesn't disappear, but you can lose it and never get it back.
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JumperX
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May 28, 2016, 03:43:24 PM |
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It doesn't disappear, but you can lose it and never get it back.
You can buy it any time, and be smart don't keep on holding thinking that it will reach to the moon someday, today I sold 0.5 btc when it touched $500, made good profits |
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MWesterweele
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May 31, 2016, 03:05:45 AM |
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Yes maybe it can disappear just like other online things bitcoin can be hacked too remember always that no system is safe.If bitcoin will be a scam then it will be the words biggest scam of all time because of its too many users out there.And people will protest i think if that will happen.Yes of course people and investors will panic.
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bitcoinhopper
Sr. Member
Offline
Activity: 336
Merit: 250
Bravity is beautiful.
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May 31, 2016, 07:20:14 AM |
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Bitcoin will not disappear and that is because you already can see that the currency is getting bigger and bigger and the world is also even going to be more digital and that works well with Bitcoin.
But it will be hard that you can predict the Bitcoin because around this time many people are also waiting for a nice price increase so they can earn some more money later.
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Enotche
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May 31, 2016, 07:21:00 AM |
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If we assume that criminal penalties will be introduced in all countries of the world for the use of cryptocurrency, then disappear "target audience", and with it themselves cryptocurrency. But as long as the ratio in different countries is different - somewhere prohibit (eg, Russia), where a state contrary promotes its use (for example, in Iceland, Singapore). So in the short term is unlikely disappearance.
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