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Author Topic: Bitcoin can disappear?  (Read 34543 times)
prtty2gal2
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July 31, 2016, 07:27:21 AM
 #221

The Blockchain is here to stay, Bitcoin has just begun. Cool
But bitcoin has only started being adopted and accepted into the physical world and it's dominance will be more obvious in the coming days. So, the debate of disappearance of bitcoin ecosystem is absolutely baseless. Bitcoin is the right solution for mankind in digital evolution. If human does not need any more digital life, then bitcoin will not have future.
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July 31, 2016, 07:40:16 AM
 #222

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

people just would sell all of their bitcoins asap and that's it, people would panic but not too much because there are other altcoins to buy and use

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July 31, 2016, 07:46:56 AM
 #223

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

I really don`t understand what`s the point of your thread.

Are you asking a question?

Learn english and be more specific.

Bitcoin will dissapear if all the computers in the world dissapear.

He's asking if Bitcoin could disappear, and what would we do if we found out it's just a scam. He's understandable, and a sentence ending in a question mark is called a question if you didn't know already.

Bitcoin can disappear only if all the miners and wallets will not be used anymore, and/or in case of an energy crisis. Even one second of worldwide energy crisis could mean the end of BTC as we know it.
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July 31, 2016, 09:04:36 AM
 #224

The Blockchain is here to stay, Bitcoin has just begun. Cool
But bitcoin has only started being adopted and accepted into the physical world and it's dominance will be more obvious in the coming days. So, the debate of disappearance of bitcoin ecosystem is absolutely baseless. Bitcoin is the right solution for mankind in digital evolution. If human does not need any more digital life, then bitcoin will not have future.

Ya right now bitcoin widely adopted to be used as a method of payment. It will make bitcoin can develop and will surely many who know bitcoin. Although prices fluctuate if the condition develops bitcoin price will go up and be profitable.
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July 31, 2016, 09:16:37 AM
 #225

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

people just would sell all of their bitcoins asap and that's it, people would panic but not too much because there are other altcoins to buy and use

there is simply no reason for that. and also OP question doesn't even make any sense. he is just throwing some random thought out. if it was the day one of project bitcoin then you could be suspicious about whether bitcoin is a scam or not but now after all these years and seeing how it works and how huge businesses are accepting it you can't even think it.

to the moon with bitcoin...
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July 31, 2016, 09:18:39 AM
 #226

It would be hard for bitcoin to go extincted,but it is a possibility if an EMP hits the world
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July 31, 2016, 09:29:01 AM
 #227

It would be hard for bitcoin to go extincted,but it is a possibility if an EMP hits the world
First of all, if world would be hit by EMP so powerful to be able to disrupt every electronic device on our planet,
it would mean global economic crisis and potentially end our or economy, as banking network will be burned as well.
And bitcoin compared to standard financial networking is totally insignificant.

Secondly, I don't think EMP will be able to erase stored data on digital optical disc storage. Blockchain will most likely survive any kind of EMP better than traditional networks.


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July 31, 2016, 10:24:10 AM
 #228

The Blockchain is here to stay, Bitcoin has just begun. Cool
Because blockchain is the basic system for bitcoin and all of the bitcoin structure,system and another is starting from blockchain and happened more development in this time.

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July 31, 2016, 10:27:48 AM
 #229

Well, there are every possibility that your wallet can get hacked and therefore your coins will disappear right in a eye blink However, this can be avoided easily with simply security measures.

The entire bitcoin network disappearing is not possible.
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July 31, 2016, 01:06:59 PM
 #230

Well, there are every possibility that your wallet can get hacked and therefore your coins will disappear right in a eye blink However, this can be avoided easily with simply security measures.

The entire bitcoin network disappearing is not possible.
Right. It has already spread all over. It is not going to take a long time to spread every corner of the world. The price and the benefits have convinced and attracted many towards it. BTC makes life bit easier. The transaction is too fast, no third party is required. Everything is well secured. It is we who have the btc and spread among us. Lets make sure more use bitcoin by bringing them into this forum. This will keep the Bitcoin alive for ever. 
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July 31, 2016, 01:18:28 PM
 #231

When did you mean with writing "disappear"?

On the one hand, it is not a service on a server that goes offline when someone switches off the server. BTC is a decentralized network and I doubt anyone would have the technology to make BTC disappear from everywhere anytime soon.

On the other hand, your wallet could be stolen by stealers and there are fake / scam wallets that are trojans themselves that steal your BTC and therefore make the BTC you want to store in them disappear, but again I doubt all wallets in the world are scam.

You may want to check Nefario's thread in the marketplace about how to protect yourself from malicious software.

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July 31, 2016, 01:37:32 PM
 #232

I don't think bitcoin is a scam, but we don't yet know if it will succeed. It could be a failed technology like many others. However, those of us that have invested time and money into it think it will catch on and be successful.
of course bitcoin is not a scam at all, in my opinion the price of it is going to grow only in the future and allow me to make profit hopefully

 
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July 31, 2016, 01:57:26 PM
 #233

I don't think bitcoin is a scam, but we don't yet know if it will succeed. It could be a failed technology like many others. However, those of us that have invested time and money into it think it will catch on and be successful.

no technology in the world lasts for ever. bitcoin is definitely no exception here. the developers can however keep upgrading bitcoin to make it last long enough till there is simply no demand for bitcoin anymore, or because it gets replaced by something far superior. it's something that we don't know. we must enjoy bitcoin right now and benefit from its great features here and now.
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July 31, 2016, 03:06:25 PM
 #234

Well, there are every possibility that your wallet can get hacked and therefore your coins will disappear right in a eye blink However, this can be avoided easily with simply security measures.

The entire bitcoin network disappearing is not possible.
Right. It has already spread all over. It is not going to take a long time to spread every corner of the world. The price and the benefits have convinced and attracted many towards it. BTC makes life bit easier. The transaction is too fast, no third party is required. Everything is well secured. It is we who have the btc and spread among us. Lets make sure more use bitcoin by bringing them into this forum. This will keep the Bitcoin alive for ever. 
yes there is no doubt about this. the popularity of bitcoin is increasing day by day, in some areas people are using i as a local currency, people are investing their capital in bitcoin and thy are expecting that the price of bitcoin will increase much more. so i can say that such a good crypto currency system cannot be a scam. in future bitcoin is going to become a global currency and people will use it a one equal currency in all over the world.
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July 31, 2016, 03:33:20 PM
 #235

I don't think bitcoin is a scam, but we don't yet know if it will succeed. It could be a failed technology like many others. However, those of us that have invested time and money into it think it will catch on and be successful.
of course bitcoin is not a scam at all, in my opinion the price of it is going to grow only in the future and allow me to make profit hopefully
Yeah seeing its trend over the market its likely to happen that with its price and bitcoin can't be scam never ! as many experts are already trusting it and they aren't fools to do that if it was scam and it can't be disappear as long as all bitcoiners leave using it !
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July 31, 2016, 03:42:23 PM
 #236

I don't think bitcoin is a scam, but we don't yet know if it will succeed. It could be a failed technology like many others. However, those of us that have invested time and money into it think it will catch on and be successful.
of course bitcoin is not a scam at all, in my opinion the price of it is going to grow only in the future and allow me to make profit hopefully
Correctly in my opinion is not a scam because bitcoin bitcoin already moved forward. I'm sure a lot of advantages in the future in bitcoin and we can pick it up easily. Bitcoin is also not likely to disappear if it continues to grow.
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July 31, 2016, 04:02:37 PM
 #237

I don't think bitcoin is a scam, but we don't yet know if it will succeed. It could be a failed technology like many others. However, those of us that have invested time and money into it think it will catch on and be successful.
of course bitcoin is not a scam at all, in my opinion the price of it is going to grow only in the future and allow me to make profit hopefully
Correctly in my opinion is not a scam because bitcoin bitcoin already moved forward. I'm sure a lot of advantages in the future in bitcoin and we can pick it up easily. Bitcoin is also not likely to disappear if it continues to grow.
That's right and i think some stores locally will also accept bitcoin as payment like brazil they have 150 stores are accepting bitcoin as payment and they are growing.. so in other country it will happen too in the future..
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July 31, 2016, 04:08:24 PM
 #238

Not possible with the amount of interest in it.
This is what is fueling all it's success right now.
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July 31, 2016, 04:25:20 PM
 #239

Not possible with the amount of interest in it.
This is what is fueling all it's success right now.

At this moment I don't think it will dissapear since there is too much money involved.
But in 40 years, sure that's possible.
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August 01, 2016, 10:21:36 AM
 #240

Yes bitcoin can disappear overnight but wait, that can happen with our earth too. If you are associated with crypto currencies from long time then you might have seen many alternative struggling crypto currencies have disappeared overnight.

I believe that bitcoin has passed struggling period long ago and now it is heading towards a mainstream currency which will be treated as good alternative to fiat currencies. Although if you think bitcoin will disappear overnight then you should really analyze economic conditions (which are actually in favor of this technology).
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