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Author Topic: Bitcoin can disappear?  (Read 34547 times)
Vhern
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September 15, 2016, 05:42:06 PM
 #621

Yes bitcoin can disappear if all the bitcoins are sold and nobody buys them then they wouldn't exist anymore. but that won't happen cause there is too much money into it already and that cant just dissapear instantly.

that's complete nonsense. even without bitcoin having value, the coins will always be there. they will never vanish. as long as there are a few miners and nodes, the whole system keeps running without any problems.


Yeah its not easy for bitcoin to get disappear, and we cannot consider it as a dead till it falls to zero level in future and I don't think that will ever happen with bitcoins.

The amount of money involved (almost 10B) makes me think it will need a lot to make bitcoin dissapear but remember it is mainly online which means it can go away, just like your favorite website can dissapear. But looking at the current time sentiment i don't see such a thing happen within 30 years.

By then perhaps a new bitcoin has arrived.

If Bitcoin price goes to 0.01 USD, well, there's no more 10 billion...
The point is, people won't let that happen Wink because bitcoin is decentralized...
Bitcoin only can disappear if someone find a big bug or something like that...
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September 15, 2016, 06:45:00 PM
 #622

Yes bitcoin can disappear if all the bitcoins are sold and nobody buys them then they wouldn't exist anymore. but that won't happen cause there is too much money into it already and that cant just dissapear instantly.

that's complete nonsense. even without bitcoin having value, the coins will always be there. they will never vanish. as long as there are a few miners and nodes, the whole system keeps running without any problems.


Yeah its not easy for bitcoin to get disappear, and we cannot consider it as a dead till it falls to zero level in future and I don't think that will ever happen with bitcoins.

The amount of money involved (almost 10B) makes me think it will need a lot to make bitcoin dissapear but remember it is mainly online which means it can go away, just like your favorite website can dissapear. But looking at the current time sentiment i don't see such a thing happen within 30 years.

By then perhaps a new bitcoin has arrived.
In 30 years huh? I think we are far away from this land we created. There is no real winner in making enemies. Threy could be making a way in this rown

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September 15, 2016, 07:01:18 PM
 #623

I think Bitcoin is not disappear because of lots of investors and traders of bitcoins including the miners

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September 15, 2016, 07:10:09 PM
 #624

bitcoin cannot disappear because right now it is just too big for that to be honest
yeah, bitcoin is a huge thing at the moment and it can only grow in the future as more and more companies will be accepting it so people will adopt
True bitcoin growth can be influenced by the amount of people using bitcoin, so if a lot of people who use bitcoin bitcoin will be increasingly growing and less likely to disappear.


Yes but it works the other way around too. If bitcoin gets too much negative news people will sell them massively decreasing its value and making it more vulnerable to die out. They should stay strong and safe to keep growing. No negative news = no problem

If people will be well aware about the concept of bitcoin then they will not believe on the negative news and will continue to stay with bitcoin and will continue to promote it more and will invest more in it and one day they will succeed to make it a global currency.
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September 15, 2016, 10:35:49 PM
 #625

Yes bitcoin can disappear if all the bitcoins are sold and nobody buys them then they wouldn't exist anymore. but that won't happen cause there is too much money into it already and that cant just dissapear instantly.

that's complete nonsense. even without bitcoin having value, the coins will always be there. they will never vanish. as long as there are a few miners and nodes, the whole system keeps running without any problems.

You are right and if there will be businesses attached with bitcoin then bitcoin will not lose its value and will always survive among us flying more and more high towards sky and it will flourish all over the world.
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September 16, 2016, 02:14:41 AM
 #626

The bitcoin is open source, you think no programmer has read your code? If they found something wrong for sure they would let us know! Grin
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September 16, 2016, 02:55:48 AM
 #627

bitcoin cannot disappear because right now it is just too big for that to be honest
yeah, bitcoin is a huge thing at the moment and it can only grow in the future as more and more companies will be accepting it so people will adopt
True bitcoin growth can be influenced by the amount of people using bitcoin, so if a lot of people who use bitcoin bitcoin will be increasingly growing and less likely to disappear.


Yes but it works the other way around too. If bitcoin gets too much negative news people will sell them massively decreasing its value and making it more vulnerable to die out. They should stay strong and safe to keep growing. No negative news = no problem

If people will be well aware about the concept of bitcoin then they will not believe on the negative news and will continue to stay with bitcoin and will continue to promote it more and will invest more in it and one day they will succeed to make it a global currency.

Thats the thing we are all hoping for which is bitcoin would succeed in upcoming years and  i do agree with you that bitcoin wont easily die because  lots of people are using it and  some countries are gradually adopting it and we cant stop the spread of bitcoin all over the world.

machinek20
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September 16, 2016, 05:22:42 AM
 #628

Yes bitcoin can disappear if all the bitcoins are sold and nobody buys them then they wouldn't exist anymore. but that won't happen cause there is too much money into it already and that cant just dissapear instantly.

that's complete nonsense. even without bitcoin having value, the coins will always be there. they will never vanish. as long as there are a few miners and nodes, the whole system keeps running without any problems.
bitcoin cant be disappear, bitcoin only can lost its value, that is why as the user we need to use bitcoin and ask more user to join into bitcoin world to keep stable price, bitcoin cant be disappear but can be forgotten and left stranded
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September 16, 2016, 05:35:25 AM
 #629

bitcoin cannot disappear because right now it is just too big for that to be honest
yeah, bitcoin is a huge thing at the moment and it can only grow in the future as more and more companies will be accepting it so people will adopt
True bitcoin growth can be influenced by the amount of people using bitcoin, so if a lot of people who use bitcoin bitcoin will be increasingly growing and less likely to disappear.


Yes but it works the other way around too. If bitcoin gets too much negative news people will sell them massively decreasing its value and making it more vulnerable to die out. They should stay strong and safe to keep growing. No negative news = no problem

If people will be well aware about the concept of bitcoin then they will not believe on the negative news and will continue to stay with bitcoin and will continue to promote it more and will invest more in it and one day they will succeed to make it a global currency.

Thats the thing we are all hoping for which is bitcoin would succeed in upcoming years and  i do agree with you that bitcoin wont easily die because  lots of people are using it and  some countries are gradually adopting it and we cant stop the spread of bitcoin all over the world.

I agree, we cant really stop the progression of bitcoin and  for sure  it would be succesful in the long years to come as long people do use it and  many would  invest into it and it would  live and wont die easily. It would possibly die if everyone dumps its coins and wont use it  or buy anymore.

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September 16, 2016, 01:50:52 PM
 #630

I don't want that bitcoin will disappear, because for me bitcoin is very useful nowadays, For me I will not accept it that the bitcoin will be disappear with no good reason.
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September 16, 2016, 02:04:46 PM
 #631

Bitcoin can not really disapppear cause there is so much money in it that it can not just be like puff everything is gone now.
Bitcoin could slowly disappear though by decling and losing value slowly. But then you can predict its coming.
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September 17, 2016, 12:00:00 PM
 #632

bitcoin cannot disappear because right now it is just too big for that to be honest
yeah, bitcoin is a huge thing at the moment and it can only grow in the future as more and more companies will be accepting it so people will adopt
True bitcoin growth can be influenced by the amount of people using bitcoin, so if a lot of people who use bitcoin bitcoin will be increasingly growing and less likely to disappear.


Yes but it works the other way around too. If bitcoin gets too much negative news people will sell them massively decreasing its value and making it more vulnerable to die out. They should stay strong and safe to keep growing. No negative news = no problem

If people will be well aware about the concept of bitcoin then they will not believe on the negative news and will continue to stay with bitcoin and will continue to promote it more and will invest more in it and one day they will succeed to make it a global currency.

Thats the thing we are all hoping for which is bitcoin would succeed in upcoming years and  i do agree with you that bitcoin wont easily die because  lots of people are using it and  some countries are gradually adopting it and we cant stop the spread of bitcoin all over the world.

I agree, we cant really stop the progression of bitcoin and  for sure  it would be succesful in the long years to come as long people do use it and  many would  invest into it and it would  live and wont die easily. It would possibly die if everyone dumps its coins and wont use it  or buy anymore.

Yes it can disappear only if people will stop using it but I don't see it happening soon, in fact we will find more people adopting bitcoin in future which will take price to higher level.
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September 17, 2016, 12:45:09 PM
 #633

bitcoin cannot disappear because right now it is just too big for that to be honest
yeah, bitcoin is a huge thing at the moment and it can only grow in the future as more and more companies will be accepting it so people will adopt
True bitcoin growth can be influenced by the amount of people using bitcoin, so if a lot of people who use bitcoin bitcoin will be increasingly growing and less likely to disappear.


Yes but it works the other way around too. If bitcoin gets too much negative news people will sell them massively decreasing its value and making it more vulnerable to die out. They should stay strong and safe to keep growing. No negative news = no problem

If people will be well aware about the concept of bitcoin then they will not believe on the negative news and will continue to stay with bitcoin and will continue to promote it more and will invest more in it and one day they will succeed to make it a global currency.

Thats the thing we are all hoping for which is bitcoin would succeed in upcoming years and  i do agree with you that bitcoin wont easily die because  lots of people are using it and  some countries are gradually adopting it and we cant stop the spread of bitcoin all over the world.

I agree, we cant really stop the progression of bitcoin and  for sure  it would be succesful in the long years to come as long people do use it and  many would  invest into it and it would  live and wont die easily. It would possibly die if everyone dumps its coins and wont use it  or buy anymore.

Yes it can disappear only if people will stop using it but I don't see it happening soon, in fact we will find more people adopting bitcoin in future which will take price to higher level.

That's what I'm saying Bitcoin would possibly die if people would totally won't use it anymore. True, Bitcoins adoption would be the biggest factor to be considered in able to increase its price in upcoming years to come and for sure if would really happen because Bitcoin is being adopted gradually and it's becoming famous as the days or weeks goes by.

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September 17, 2016, 12:51:03 PM
 #634

bitcoin cannot disappear because right now it is just too big for that to be honest
yeah, bitcoin is a huge thing at the moment and it can only grow in the future as more and more companies will be accepting it so people will adopt
True bitcoin growth can be influenced by the amount of people using bitcoin, so if a lot of people who use bitcoin bitcoin will be increasingly growing and less likely to disappear.


Yes but it works the other way around too. If bitcoin gets too much negative news people will sell them massively decreasing its value and making it more vulnerable to die out. They should stay strong and safe to keep growing. No negative news = no problem

If people will be well aware about the concept of bitcoin then they will not believe on the negative news and will continue to stay with bitcoin and will continue to promote it more and will invest more in it and one day they will succeed to make it a global currency.

Thats the thing we are all hoping for which is bitcoin would succeed in upcoming years and  i do agree with you that bitcoin wont easily die because  lots of people are using it and  some countries are gradually adopting it and we cant stop the spread of bitcoin all over the world.

I agree, we cant really stop the progression of bitcoin and  for sure  it would be succesful in the long years to come as long people do use it and  many would  invest into it and it would  live and wont die easily. It would possibly die if everyone dumps its coins and wont use it  or buy anymore.

Yes it can disappear only if people will stop using it but I don't see it happening soon, in fact we will find more people adopting bitcoin in future which will take price to higher level.

That's what I'm saying Bitcoin would possibly die if people would totally won't use it anymore. True, Bitcoins adoption would be the biggest factor to be considered in able to increase its price in upcoming years to come and for sure if would really happen because Bitcoin is being adopted gradually and it's becoming famous as the days or weeks goes by.

The only issue can be that if there will be new and innovative coin in future that give tough competition to bitcoin then there is a chance that people may switch to that coin keeping bitcoin behind.
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September 17, 2016, 04:16:51 PM
 #635

Yes bitcoin can disappear if all the bitcoins are sold and nobody buys them then they wouldn't exist anymore. but that won't happen cause there is too much money into it already and that cant just dissapear instantly.

Lol. That is not giving any sense at all, if all the bitcoins are sold then they are still in circulation because the one who buys them would probably use them for something but wont just let them stay in a wallet until the concept of bitcoin dies and also not just one person will buy all those millions of bitcoins.
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September 18, 2016, 08:10:14 AM
 #636

In theory, there is a remote possibility,  but on practice we can see  that btc is just  getting better everytime  and the community is increasing.  Since people keep using it,  btc will not die.
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September 18, 2016, 09:40:10 AM
 #637

It can disappear in future if we find some new and innovative currency which could be better then bitcoin and if it does take birth then bitcoin will surely disappear.
i guess it wont disappear rather, maybe the value will fluctuate.. It i  guess i will stay forever.. But if people wipp continue the high demand of bitcoins, then it won't never disappear and tje value at the same time increases.
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September 18, 2016, 09:42:54 AM
 #638

It can disappear in future if we find some new and innovative currency which could be better then bitcoin and if it does take birth then bitcoin will surely disappear.
i guess it wont disappear rather, maybe the value will fluctuate.. It i  guess i will stay forever.. But if people wipp continue the high demand of bitcoins, then it won't never disappear and tje value at the same time increases.

Anything can happen and we cannot predict what will be exact scenario in future, if people find it boring then they may find some alternate option which can give them better profits.
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September 18, 2016, 09:59:24 AM
 #639

It can disappear in future if we find some new and innovative currency which could be better then bitcoin and if it does take birth then bitcoin will surely disappear.
i guess it wont disappear rather, maybe the value will fluctuate.. It i  guess i will stay forever.. But if people wipp continue the high demand of bitcoins, then it won't never disappear and tje value at the same time increases.

Anything can happen and we cannot predict what will be exact scenario in future, if people find it boring then they may find some alternate option which can give them better profits.

People already switch to altcoins when they have the feeling the Bitcoin price isn't moving much. People just follow the money. One day they jump into altcoins, and the other day it's Bitcoin again that gets their attention.
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September 18, 2016, 10:23:09 AM
 #640

It can disappear in future if we find some new and innovative currency which could be better then bitcoin and if it does take birth then bitcoin will surely disappear.
i guess it wont disappear rather, maybe the value will fluctuate.. It i  guess i will stay forever.. But if people wipp continue the high demand of bitcoins, then it won't never disappear and tje value at the same time increases.

Anything can happen and we cannot predict what will be exact scenario in future, if people find it boring then they may find some alternate option which can give them better profits.

People already switch to altcoins when they have the feeling the Bitcoin price isn't moving much. People just follow the money. One day they jump into altcoins, and the other day it's Bitcoin again that gets their attention.
That is not gonna happen, bitcoin is progressive this year and you cannot expect that the price of bitcoin will move everyday because there is already equal of supply and demand and price is not manipulated like altcoins.

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