If bitcoin died tomorrow

[deisik]

Are you killing us, bitcoiners in one day with bitcoin? If that happens, than there isn't only question what we'll do, it will be a terrible day for btc exchange and mining companies. It will cause panic in people and on this forum, full financial lost for many companies and also altcoins will dead with bitcoin and it's reason will be that people won't trust in cryptocurrency anymore.

It will not just cause the people to panic here in forum but for all the people who are using bitcoins. But we don't have to worry about this bitcoin won't die immediately, there is a sign first that it is going to die very soon, like the price is decreasing rapidly so we still have the time to sell our bitcoins if that is happening.

That would be hard to tell

Even when the price collapsed from $1,200 down to $200 and below, people didn't stop using Bitcoin, though it very much looked like Bitcoin had been slowly dying. Could we tell that Bitcoin would be dying if the price started to spiral down again? I guess no. And slow but sure price decrease seems to be even more dangerous since bitcoiners have got used to sudden dumps already. When the Bitfinex hack happened, the price plunged down to ~$480 for a short time. But it eventually turned out to be an excellent opportunity to buy bitcoins cheap, a good day to buy hard for those who had jumped on this bandwagon in time before it left

[Oilacris]

Are you killing us, bitcoiners in one day with bitcoin? If that happens, than there isn't only question what we'll do, it will be a terrible day for btc exchange and mining companies. It will cause panic in people and on this forum, full financial lost for many companies and also altcoins will dead with bitcoin and it's reason will be that people won't trust in cryptocurrency anymore.

It will not just cause the people to panic here in forum but for all the people who are using bitcoins. But we don't have to worry about this bitcoin won't die immediately, there is a sign first that it is going to die very soon, like the price is decreasing rapidly so we still have the time to sell our bitcoins if that is happening.

That would be hard to tell

Even when the price collapsed from $1,200 down to $200 and below, people didn't stop using Bitcoin, though it very much looked like Bitcoin had been slowly dying. Could we tell that Bitcoin would be dying if the price started to spiral down again? I guess no. And slow but sure price decrease seems to be even more dangerous since bitcoiners have got used to sudden dumps already. When the Bitfinex hack happened, the price plunged down to ~$480 for a short time. But it eventually turned out to be an excellent opportunity to buy bitcoins cheap, a good day to buy hard for those who had jumped on this bandwagon in time before it left

But in the situation that we saw bitcoins price would be like -$100 then most of us will surely get panic and we cant say that its an opportunity to buy because we could really say that its nearly dying and when price tends to lower its price even more then it will surely die and most people will lost its trust to bitcoin and may not to put up money again and there will be a new crypto that it would take its place.

[Labumi]

Are you killing us, bitcoiners in one day with bitcoin? If that happens, than there isn't only question what we'll do, it will be a terrible day for btc exchange and mining companies. It will cause panic in people and on this forum, full financial lost for many companies and also altcoins will dead with bitcoin and it's reason will be that people won't trust in cryptocurrency anymore.

It will not just cause the people to panic here in forum but for all the people who are using bitcoins. But we don't have to worry about this bitcoin won't die immediately, there is a sign first that it is going to die very soon, like the price is decreasing rapidly so we still have the time to sell our bitcoins if that is happening.

That would be hard to tell

Even when the price collapsed from $1,200 down to $200 and below, people didn't stop using Bitcoin, though it very much looked like Bitcoin had been slowly dying. Could we tell that Bitcoin would be dying if the price started to spiral down again? I guess no. And slow but sure price decrease seems to be even more dangerous since bitcoiners have got used to sudden dumps already. When the Bitfinex hack happened, the price plunged down to ~$480 for a short time. But it eventually turned out to be an excellent opportunity to buy bitcoins cheap, a good day to buy hard for those who had jumped on this bandwagon in time before it left

But in the situation that we saw bitcoins price would be like -$100 then most of us will surely get panic and we cant say that its an opportunity to buy because we could really say that its nearly dying and when price tends to lower its price even more then it will surely die and most people will lost its trust to bitcoin and may not to put up money again and there will be a new crypto that it would take its place.

It already make sure will be as we know or you say. Because most of the world this is just someone think of something in a short period of time and they are easier to provoked against the thing that probably is not the right thing. But it's all also depends on trust and the intelligence of a person in respect of anything that they have faced in the present and the future. So, if you want to get a good profit then do not let emotions and waffle someone who has definitely bottomed

[HanSchultz]

Give up on life and throw my PC away ^^ Well we would go back to boring prebitcoin times. We will all be poor and homeless.
No bitcoin no life. But this will not happen.

Seems like you made some millions and enjoying a happy life with the help of bitcoin but even if you are living a good life at the moment with the help of bitcoin why would you be homeless and poor when bitcoin dies all of a sudden. Life usually evolves and go on just like that even if bitcoin is to die tomorrow.

[Zadicar]

Give up on life and throw my PC away ^^ Well we would go back to boring prebitcoin times. We will all be poor and homeless.
No bitcoin no life. But this will not happen.

Seems like you made some millions and enjoying a happy life with the help of bitcoin but even if you are living a good life at the moment with the help of bitcoin why would you be homeless and poor when bitcoin dies all of a sudden. Life usually evolves and go on just like that even if bitcoin is to die tomorrow.

If bitcoin would die tommorow then we should move on even its hard to accept the reality and when that time comes for sure there would be a replacement for bitcoin which has more features compare to it but i dont think of a certain thing hence bitcoin is already perfect for me. The one thing that it lacks is the full adoption of it.

[rajasumi2]

If bitcoin died tomorrow .it would not affect me at all .as i spend my bitcoins once in a month so that in such a way i am being able able change my bitcoins in a fiat currency and not store it .kudoos

[oktana]

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?

If that happens, it will be many altcoins suddenly becomes exclusive and expensive.
And if altcoins follow bitcoin to the cemetery. I'm going on vacation and calm down for a while, a date with a lot of women, after being satisfied. then back to the previous online business.

[Fatanut]

Give up on life and throw my PC away ^^ Well we would go back to boring prebitcoin times. We will all be poor and homeless.
No bitcoin no life. But this will not happen.

No reason for you to throw away your PC because surely another thing will rise after the fall of bitcoin. People will always think of a new thing to make money online. There are also other things that you can do even right now to earn bitcoins. Do not limit yourself from what you're doing right now. There are still sources of income waiting for you to explore them.

Don't give up on life just because bitcoin died. There's more to life than to bitcoins (just like the saying).

[dragonusa9]

i think that if bitcoin died tomorrow, lot of site that only receive bitcoin will be down and closed forever
lot of them who stock lot of bitcoin will suffer great loss

[izanagi narukami]

i think that if bitcoin died tomorrow, lot of site that only receive bitcoin will be down and closed forever
lot of them who stock lot of bitcoin will suffer great loss

Bitcoin still categorize as risk investment as it can happen without being expected. ( By accepting bitcoin , it means that you already accept the risk )
So if you already made enough profit , just sell as much as possible !

[lakisis]

if bitcoin died then i will start trade with other coin but i do not think that bitcoin will be died because bitcoin is much more stronger currency and a lot of people adopt that bitcoin in huge amount and you can check the price of bitcoin is going too much higher day by day so we can not consider that bitcoin will be died tomororw.

[20kevin20]

if bitcoin died then i will start trade with other coin but i do not think that bitcoin will be died because bitcoin is much more stronger currency and a lot of people adopt that bitcoin in huge amount and you can check the price of bitcoin is going too much higher day by day so we can not consider that bitcoin will be died tomororw.

So? Being virtual is an advantage in many many cases, but have you thought of poor countries that cannot afford paying an electricity bill? Have you thought of how will we manage to go through a crisis using Bitcoin, when we won't be able to afford pretty much anything? It can turn out bad for Bitcoin. I hope it won't, but it can die for sure without us wanting it to.

[soros017]

Give up on life and throw my PC away ^^ Well we would go back to boring prebitcoin times. We will all be poor and homeless.
No bitcoin no life. But this will not happen.

It would be terrible, indeed. But it is a very unlikely scenario, given the current market conditions. Bitcoin has a much larger community than it had years ago, and these people contribute every day, so that the ecosystem can expand in the best possible manner. I think Bitcoin has the potential to continue here for a long time...

[the_coldplay]

I think I would die tomorrow too. I need bitcoin in my life to avoid the harsh capitol controls imposed on my people.

[karawantbtc]

Obviously bitcoin will not that abruptly if it ever dies. If it does it will long and slow and we will have lots of notice because it will be replaced by a better technology. And nothing like that exits yet.

[skyway1]

if bitcoin died then i will start trade with other coin but i do not think that bitcoin will be died because bitcoin is much more stronger currency and a lot of people adopt that bitcoin in huge amount and you can check the price of bitcoin is going too much higher day by day so we can not consider that bitcoin will be died tomororw.

i agree with you that bitcoin would be never died because bitcoin increasing its price too much faster and getting stronger and we know that bitcoin adoption is also going to higher amount and bitcoin is very much modern currency and useful so we can not says that bitcoin will died tomorrow .

[Jewelettes]

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?

Hmmm, bitcoin has been around for far too long and still getting stronger.

But if bitcoin dies tomorrow, then some "offsprings" will take over the void.  Those who have been used to doing transactions with bitcoin would definitely find some better alternatives because of how bitcoin makes transactions involving money so easy, convenient and fast.

But bitcoin, don't just die yet.   Not in my lifetime, at least.

[the_coldplay]

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?

Hmmm, bitcoin has been around for far too long and still getting stronger.

But if bitcoin dies tomorrow, then some "offsprings" will take over the void.  Those who have been used to doing transactions with bitcoin would definitely find some better alternatives because of how bitcoin makes transactions involving money so easy, convenient and fast.

But bitcoin, don't just die yet.   Not in my lifetime, at least.

What offspring do you think will be number one if that happens?

[Jewelettes]

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?

Hmmm, bitcoin has been around for far too long and still getting stronger.

But if bitcoin dies tomorrow, then some "offsprings" will take over the void.  Those who have been used to doing transactions with bitcoin would definitely find some better alternatives because of how bitcoin makes transactions involving money so easy, convenient and fast.

But bitcoin, don't just die yet.   Not in my lifetime, at least.

What offspring do you think will be number one if that happens?

Oh, you got me thinking there.  Honestly, I am not ready for an answer.  It's like asking for the next best alternative to fresh, clean air. I guess some would say that bitcoin and fresh, clean air are incomparable but that would only stress that I really got no idea.  Not just one yet. 

Probably, that would be good for another bitcoin topic, if there isn't one at the moment. 

[the_coldplay]

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?

Hmmm, bitcoin has been around for far too long and still getting stronger.

But if bitcoin dies tomorrow, then some "offsprings" will take over the void.  Those who have been used to doing transactions with bitcoin would definitely find some better alternatives because of how bitcoin makes transactions involving money so easy, convenient and fast.

But bitcoin, don't just die yet.   Not in my lifetime, at least.

What offspring do you think will be number one if that happens?

Oh, you got me thinking there.  Honestly, I am not ready for an answer.  It's like asking for the next best alternative to fresh, clean air. I guess some would say that bitcoin and fresh, clean air are incomparable but that would only stress that I really got no idea.  Not just one yet. 

Probably, that would be good for another bitcoin topic, if there isn't one at the moment. 

There are a few that stand out to me like ltc, doge, xmr. Do you think any of thoses could slip into number 2 if btc died tomorrow.