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Author Topic: If bitcoin died tomorrow  (Read 30487 times)
Yuuto
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December 09, 2016, 09:17:39 PM
 #521

The bitcoin network will only die if nobody uses it. And even when that happens somebody can always come back and start using the bitcoin network again. So I am not really sure if bitcoin can die at all.

If you're talking about bitcoin losing value overnight, then I don't think it's likely, but i would be very disappointed.
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December 09, 2016, 09:34:29 PM
 #522

I would be disappointed for sure, but not so much, cause of to not regret too much in the case bitcoin died in cash out my earnings once a month and spend it for my daily costs. I think it wise. But of course I lose som money cause of bitcoins price growing.

Me either, that will make me disappointed because as I believe that in the long run bitcoin will increase it's price. But we don't have to be upset because this is just possible if the government will implement worldwide banning for bitcoin and as now we don't have to think about this for bitcoin now is getting tougher.

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salmanahmedone
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December 10, 2016, 02:42:09 AM
 #523

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

crying all day long, throwing computer in the pool, and eating 100 bananas will not solve the problem. it is useless.

so if it would happen, it will be better to move onto another coins. there are a lot
of altcoins. we can use to earn money either. just like bitcoin.
Anyways, bitcoin will not die tomorrow since there are many users now who are using bitcoin as their daily income, so it would be impossible
to happen then. I guess only bitcoin haters will say that.
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December 10, 2016, 03:24:21 AM
 #524

Bitcoin is not dying any time soon that is for sure  Grin
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December 10, 2016, 03:53:21 AM
 #525

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

crying all day long, throwing computer in the pool, and eating 100 bananas will not solve the problem. it is useless.

so if it would happen, it will be better to move onto another coins. there are a lot
of altcoins. we can use to earn money either. just like bitcoin.
Anyways, bitcoin will not die tomorrow since there are many users now who are using bitcoin as their daily income, so it would be impossible
to happen then. I guess only bitcoin haters will say that.


Well there is possibilities that it would die but it is very small chance well you are right we know that there are a lot of users now of bitcoin and also lot of people investing more in bitcoin thats why the bitcoin community is getting bigger annd richer!. So bitcoin wont die easily but if bitcoin die (lets hope not) it  is very difficult to put it down or it hits by a very huge phenomenon.
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December 10, 2016, 10:27:14 AM
 #526

It would certainly make many of them poor especially those who have being investing heavily in this coins. There are many who run their exchanges and heavily depended upon their source of income. It would be setback for many as even for remittance transfer takes place using btc as quickstep and cheapest mode of payment.
Well, I don't think that they would get poor after Bitcoin die. Bitcoin dying will be the long process which can easily be cealize by experts and speculators and they would warn people before it finish. They may convert Bitcoin into some other cryptos such as zcash, Etherium, Lisk, etc.
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December 10, 2016, 10:32:40 AM
 #527

It would certainly make many of them poor especially those who have being investing heavily in this coins. There are many who run their exchanges and heavily depended upon their source of income. It would be setback for many as even for remittance transfer takes place using btc as quickstep and cheapest mode of payment.
Well, I don't think that they would get poor after Bitcoin die. Bitcoin dying will be the long process which can easily be cealize by experts and speculators and they would warn people before it finish. They may convert Bitcoin into some other cryptos such as zcash, Etherium, Lisk, etc.
if bitcoin really dead then all altcoin that there will die too. bitcoin is a pioneer for digital currency. so that, when the dead bitcoin digital currency will not be useful. This is a law of any financial system in the world.
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December 10, 2016, 02:29:30 PM
 #528

It would certainly make many of them poor especially those who have being investing heavily in this coins. There are many who run their exchanges and heavily depended upon their source of income. It would be setback for many as even for remittance transfer takes place using btc as quickstep and cheapest mode of payment.
Well, I don't think that they would get poor after Bitcoin die. Bitcoin dying will be the long process which can easily be cealize by experts and speculators and they would warn people before it finish. They may convert Bitcoin into some other cryptos such as zcash, Etherium, Lisk, etc.
if bitcoin really dead then all altcoin that there will die too. bitcoin is a pioneer for digital currency. so that, when the dead bitcoin digital currency will not be useful. This is a law of any financial system in the world.

Yes, alt coins will die too if bitcoin dies. because all alt coins are depending to the value of bitcoin.

And all alt coins came from the same idea of bitcoin but still bitcoin is unique from them.

Vires in Numeris
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December 10, 2016, 02:39:28 PM
 #529

I don't think very many of the general population would miss it except for the geeks and nerds of the internet who have the most invested into it and thus the most to lose. Undecided

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December 10, 2016, 02:49:58 PM
 #530

Well, if such scenario happen, world will not stop, of course Smiley
I'm sure that we all will move to other crypto currencies.
I really don't think that something like this can happen right now.
Bitcoin is still leader and much stronger than competition.
If, in 5-10 years, Bitcoin becomes outdated and other crypto currencies becomes more popular, people will naturally turn to this other crypto currencies and forget Bitcoin.



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December 10, 2016, 03:00:35 PM
 #531

Software cannot die, software can be fixed. End of story.

Now this being said, if nobody will care of Bitcoin, the chance other cryptos would have a better fate is slim - they should be so much different from Bitcoin and they are not.

So yeah, the only choice is to build a museum-like network Smiley

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HaXX0R1337
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December 10, 2016, 07:35:23 PM
 #532

never imagined if bitcoin die. I do not know, may be very many people were disappointed because of it. maybe people will turn to altcoin, or stop looking for coins on the internet. Well, have a lot of BTC and suddenly it disappeared. I can not imagine it happening
Do not imagine what you cannot Cheesy Bitcoin wont die anytime soon and i doubt it will die at all with the way it is performing .We have gambling sites and trading platforms flowing smoothly only because of the presence of bitcoin and we have a multi million business running because of bitcoin and so it wont disappear just like that.

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pvaspecialist
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December 10, 2016, 09:35:33 PM
 #533

I am not sure why you think bitcoin will die tomorrow you can die tomorrow its very possible.Mining is becoming too expensive that does not mean bitcoin will die.bitcoin is now currency and many people are involved with this currency.I don't think it will die anytime soon, and if that happens, moving on another coin.I will not cry or Throw my computer into the pool.LOL
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December 11, 2016, 06:32:28 AM
 #534

What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?
i chose eat 100 bananas Cheesy Cheesy, bitcoin is not going to die tomorrow and you know it, if it happens i'll wake up from sleep

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Rizky Aditya
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December 11, 2016, 07:17:52 AM
 #535

If it did die tomorrow, it would be a great representation of the saying, "don't keep all your eggs in one basket". I wouldn't be that sad, but I definitely would be pissed of because I have invested quite a lot of time in Bitcoin. Losing money is also pretty bad.
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December 11, 2016, 08:01:24 AM
 #536

I love bananas so I would eat those. But I think the stock market will go crazy because of the situation. A lor of businesses will crash and those who saved their coins will be frustrated.
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December 11, 2016, 11:31:23 AM
 #537

If it did die tomorrow, it would be a great representation of the saying, "don't keep all your eggs in one basket". I wouldn't be that sad, but I definitely would be pissed of because I have invested quite a lot of time in Bitcoin. Losing money is also pretty bad.
we will regret what we did. we are already using our money to get bitcoin.
we will be emotional and uncontrolled. was reasonable because we lost all of our expectations.
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December 12, 2016, 11:21:45 PM
 #538

If tomorrow bitcoin is no longer on this earth I will cry and contemplate for the moment my income just from bitcoin. I worry about is someone who has a lot of bitcoin. maybe he'll setres weight
You do not worry sir because Bitcoin not die this year even in the next next year. Bitcoin become more powerful as of now and look the price of Bitcoin now its $750++ and increasing everyday and every month. And many people love Bitcoin and many company accept Bitcoin payment so the Bitcoin will become globally . but there is no forever theres a time Bitcoin will die and I don't think what will happen to the big investor of Bitcoin like the investor have 1000btc or more I think will die also .!
We must look in the user base and not the price for the signals of a currency dying because it is when people stop accepting the currency when the currency becomes useless.
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December 13, 2016, 01:03:18 AM
 #539

If tomorrow bitcoin is no longer on this earth I will cry and contemplate for the moment my income just from bitcoin. I worry about is someone who has a lot of bitcoin. maybe he'll setres weight
You do not worry sir because Bitcoin not die this year even in the next next year. Bitcoin become more powerful as of now and look the price of Bitcoin now its $750++ and increasing everyday and every month. And many people love Bitcoin and many company accept Bitcoin payment so the Bitcoin will become globally . but there is no forever theres a time Bitcoin will die and I don't think what will happen to the big investor of Bitcoin like the investor have 1000btc or more I think will die also .!
We must look in the user base and not the price for the signals of a currency dying because it is when people stop accepting the currency when the currency becomes useless.

Yes, i agree with you. Bitcoin will died if people not trust bitcoin and not using bitcoin anymore. If bitcoin died tomorrow i'm sure it will be a chaos for all bitcoin user, especially gambling sites and trading sites that using bitcoin as the payment. It will be big for them.
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December 13, 2016, 01:12:08 AM
 #540

If it did die tomorrow, it would be a great representation of the saying, "don't keep all your eggs in one basket". I wouldn't be that sad, but I definitely would be pissed of because I have invested quite a lot of time in Bitcoin. Losing money is also pretty bad.
we will regret what we did. we are already using our money to get bitcoin.
we will be emotional and uncontrolled. was reasonable because we lost all of our expectations.
Yes that is one example of not keeping all your eggs in a basket. Honestly I have never invested real money to have Bitcoin. Because for me Bitcoin is an opportunity online to make money without spending real money. What I earn in Bitcoin will be spent on investments such as stock market which is more secure than putting your Bitcoins to HYIPs. Trading cyprtocurrency has more risk than reward compared to Stocks and Forex.
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