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Author Topic: If bitcoin died tomorrow  (Read 30475 times)
Dudeperfect
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November 30, 2016, 02:07:27 AM
 #421

I'm sure Monero or Ethereum would become the next coin that got used.
Investors in these coins would be very happy because they would probably make 10x profits overnight.

Exactly, If bitcoin collapsed the whole force of the bitcoin would shift to alternate crypto currencies. It will drastically impact the price of those currencies because the demand will increase with many folds. People love to use crypto currency so there will be small percentage of the users who will stay refrain from investing in any other currency due to such experience but that’s what this project is all about. The full of uncertainty, if you can afford to lose then you are welcome.
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November 30, 2016, 07:18:08 AM
 #422

I'd porbably put all my money into Dogecoin and wait the next week out until I'm suuuuper rich
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November 30, 2016, 07:39:21 AM
 #423

if bitcoin really lost, there will be destruction of some sectors of the world economy. believe it or not, bitcoin is one of the largest contributors of investment in the world. nominal current bitcoin in circulation has been very large.
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November 30, 2016, 07:41:22 AM
 #424

I'd porbably put all my money into Dogecoin and wait the next week out until I'm suuuuper rich
Dogecoin is quite good but not the best option so far. it's indeed proven had been living for a long time compared to another altcoin but the market cap is not so big even only have $70,000 from what i've seen in coinmarketcap.com thus the chance for you to be rich would be lower compared if you're using another altcoin which have big market cap

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November 30, 2016, 07:50:08 AM
 #425

i will move to other cryptocoins after i cry all day haha...i will move to ethereum because i think ethereum is the next main cryptocurrency after bitcoin die.
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November 30, 2016, 01:55:31 PM
 #426

if bitcoin really lost, there will be destruction of some sectors of the world economy. believe it or not, bitcoin is one of the largest contributors of investment in the world. nominal current bitcoin in circulation has been very large.

I'm not sure that you know what you are talking about. I don't know either what sectors of the world economy will be destroyed if Bitcoin kicks the bucket, and why I should believe you if Bitcoin market cap right now is only at $11.95 billion. The market cap of Apple, for example, is around $600 billion, i.e. 50 times greater. So I can't possibly imagine how it could be "one of the largest contributors of investment in the world"...

But I'm still curious where you got this idea from

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November 30, 2016, 03:38:18 PM
 #427

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?
what is your imagination ? oh whatever
if this is happened i will eat 100 bananas because healthy Grin

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December 01, 2016, 05:24:36 AM
 #428

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?
i don't believe bitcoin will died but if this is happened may be i choice move another coin
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December 01, 2016, 05:45:19 AM
 #429

If bitcoin died tomorrow it would only realistically be because it has been replaced or had a hard fork consensus.

In the unlikely scenario it just died through some catastrophic electronic wipeout, that's a different story. Depends if we can restore our coins. i don't know how that works out.

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December 04, 2016, 03:16:22 AM
 #430

if bitcoin really lost, there will be destruction of some sectors of the world economy. believe it or not, bitcoin is one of the largest contributors of investment in the world. nominal current bitcoin in circulation has been very large.
I agree. A big hole will appear in the economic system when Bitcoin died. Bitcoin now is an important well-known part which can not be replaced in the world ecosystem. If bitcoin truly die, it will be crahsed all over the world
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December 04, 2016, 03:53:24 AM
 #431

It would not affect me at all becuase i spend my bitcoins on a daily basis .and what the use of bitcoins if u dont use it all.well bitcoins is a game changer for me and it helps me to earn money on a daily to daily basis which is not bad at all  .i hope everyone has access to bitcoins and able to earn them so that no one is affected by poverty at all.

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December 04, 2016, 03:55:28 AM
 #432

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?
If bitcoin die then all his alt coins will doing too right? Coz i know all of alternatives coins are depending on bitcoin? but if there's an new coin's that will change bitcoin why not to try again. Smiley
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December 04, 2016, 04:49:13 AM
 #433

It would not affect me at all becuase i spend my bitcoins on a daily basis .and what the use of bitcoins if u dont use it all.well bitcoins is a game changer for me and it helps me to earn money on a daily to daily basis which is not bad at all  .i hope everyone has access to bitcoins and able to earn them so that no one is affected by poverty at all.

To earn more money? Or maybe people are just saving up their money for their future. There are plans that need a huge budget before you can even start and people would've to work for a long time before they can do so. Not everyone's always spending their money because most of us need money that are dedicated for emergency expenses (i.e. hospital bill).

The fall of bitcoin wouldn't affect you if you have no more bitcoins left, but if it happened that you still have some bitcoins unspent in your wallet, then you surely will be affected too.

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December 04, 2016, 06:33:03 AM
 #434

Bitcoin can never die. I can ensure with you about that. Long live Bitcoin. If BItcoin died tomorrow, every other currencies and species will definitely die too. No way can stop Bitcoin from growing and developing. I believe that Bitcoin will make the better world


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December 04, 2016, 07:21:49 AM
 #435

The only way that Bitcoin could actually die would be if nobody was willing to operate the mining infrastructure. Given that 306 quadrillion double-SHA256 hashing operations per second are currently being invested into the mining infrastructure, I would say that the death of Bitcoin is a long, long way off.
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December 04, 2016, 07:27:16 AM
 #436

King Bitcoin – Long Live the King  Wink Bitcoin is a technological marvel
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December 04, 2016, 01:56:46 PM
 #437

The only way that Bitcoin could actually die would be if nobody was willing to operate the mining infrastructure. Given that 306 quadrillion double-SHA256 hashing operations per second are currently being invested into the mining infrastructure, I would say that the death of Bitcoin is a long, long way off.

I'm afraid that can be of little help if Bitcoin is going to kick the bucket. Even if a lot of people invested a huge pile of money into something, that is not yet a guarantee of success. You implicitly assume that so many people cannot be wrong, but, on the other hand, ten billion flies cannot be wrong either. Every year top pharmaceutical corporations invest billions of dollars into medical research and devolvement of new drugs, but only few new drugs succeed eventually and are brought to the market...

In this way, the sheer amount of money invested doesn't predetermine the success of some endeavor

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December 04, 2016, 02:00:28 PM
 #438

It's pretty much like a domino game. If it died tomorrow, would you trust any altcoin? You wouldn't, many people would not do that either.  Bitcoin's fall = cryptocurrencies' fall because Bitcoin's like their mother. If US would fail, wouldn't pretty much the whole world fail too? If Euro/USD would fail, wouldn't all the others fail too? Same goes with Bitcoin too.

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December 04, 2016, 02:16:12 PM
 #439

It would not affect me at all becuase i spend my bitcoins on a daily basis .and what the use of bitcoins if u dont use it all.well bitcoins is a game changer for me and it helps me to earn money on a daily to daily basis which is not bad at all  .i hope everyone has access to bitcoins and able to earn them so that no one is affected by poverty at all.

To earn more money? Or maybe people are just saving up their money for their future. There are plans that need a huge budget before you can even start and people would've to work for a long time before they can do so. Not everyone's always spending their money because most of us need money that are dedicated for emergency expenses (i.e. hospital bill).

The fall of bitcoin wouldn't affect you if you have no more bitcoins left, but if it happened that you still have some bitcoins unspent in your wallet, then you surely will be affected too.
in india nobody here in kolkata here has not been heard about bitcoins .wel people dont even have bank accounts .how can u expect it will son trise that everywhere there are gonna be using bitcoins .i dont think people are gonna pay it with bitcoins .it will take minimmum 30 years to start even in here . so for me its helpful to sell the bitcoins in the month

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December 04, 2016, 03:19:58 PM
 #440

It's pretty much like a domino game. If it died tomorrow, would you trust any altcoin? You wouldn't, many people would not do that either.  Bitcoin's fall = cryptocurrencies' fall because Bitcoin's like their mother. If US would fail, wouldn't pretty much the whole world fail too? If Euro/USD would fail, wouldn't all the others fail too? Same goes with Bitcoin too.
You have a point and you are correct it will really affect all altcoin if bitcoin will die tomorrow and people will surely lost its trust on all cryptocurrencies because on what happen to bitcoin but for now i dont think so that it will die easily as long people will use it then it will become stronger day by day and adoption cant be stopped .

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