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Author Topic: In what situation would Bitcoin die?  (Read 101124 times)
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November 14, 2017, 04:55:52 PM
 #1741

Photo voltaic flare takes out all personal computers and drives. The blockchain is missing and no 1 will be in a position to get their btc back again.
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November 14, 2017, 05:13:00 PM
 #1742

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

I can only think of the cause of bitcoins death would be an idea to supersede it or a much better currency which will make people to use it other than bitcoins. The only way to kill bitcoin is to stop using it and so services and investors will stop also, circulations of bitcoins will stop and so it will be considered dead.  But that has a very low chance to happen.

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November 14, 2017, 07:38:29 PM
 #1743

I never thought that Bitcoin would die, because for me it is hard to judge that Bitcoin will die, because I think nobody knows about the fate of Bitcoin in the future, so let it run by itself, then just enjoy it. The current Bitcoin price. and do not think of anything uncertain.

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November 16, 2017, 12:04:15 AM
 #1744

bitcoin might never die i love trading altcoin but my main and sole purpose is to increase the amount of bitcoin i have and im sure the sole purpose of everyone will be same otherwise we would just trade altcoins with usd bitcoin can never die

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November 16, 2017, 12:08:03 AM
 #1745

I honestly don't think Bitcoin would ever die because there is to much value to the coin.
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November 16, 2017, 12:15:48 AM
 #1746

If it died -- wouldn't there be bitcoin 2.0? 3.0? 4.0? that happens? faster and better than before? -- Bitcoin could be compared to the invention of the wheel - and now look at all the "wheels" we have --

It just had to get rollin' to get things goin' hahaha hahaha  Cool
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November 16, 2017, 12:16:12 AM
 #1747

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

I think, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

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November 16, 2017, 12:21:34 AM
 #1748

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

 In my opinion bitcoin will die if there's a no human in exist in this world. If business man have not existed and if they not depend on crypto currencies. But in these days i don't think that bitcoin will die because the value of it keeps on increasing and there's a lot of people get involve here. Also, bitcoin becomes popular these days.

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November 16, 2017, 12:35:32 AM
 #1749

for now  there were a lot of programmers trying to knew how ones program function so well,curiosity strikes them.
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November 16, 2017, 12:50:27 AM
 #1750

Bitcoin will die in a situation if it will be ban worldwide or if people are stop using bitcoin which i think is not possible since there are lot of people who trust bitcoin and are continuously investing in it.

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November 16, 2017, 01:02:40 AM
 #1751

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

I think, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

For me, I think bitcoin will end if there no people who doesnt use this. If there is no people who doesnt need this but I guess Theres no people who doesnt need this. And One thing is if the value of bitcoins price will loss then many people will discourage about this, then it will be the reason that bitcoin will end. We have different reason and that was just my opinion.

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November 16, 2017, 01:05:02 AM
 #1752

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

I think, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

For me, I think bitcoin will end if there no people who doesnt use this. If there is no people who doesnt need this but I guess Theres no people who doesnt need this. And One thing is if the value of bitcoins price will loss then many people will discourage about this, then it will be the reason that bitcoin will end. We have different reason and that was just my opinion.

There will be always people who are using, trading and mining bitcoin. This makes it immortal almost. The only thing can make this bitcoin era end is that a major error in bitcoin's code. Imagine one day all the bitcoin goes to the infiniti. This would be very bad.
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November 16, 2017, 01:10:03 AM
 #1753

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

WELCOME to the crypto world sir. That's how these crypto currencies are made of. Value is volatile and it may fall and rise unexpectedly and as to bitcoin's lifeline, it is still unclear if this mother of all cryptos would ever end because IMO, bitcoin's fate lies in the hands of Satoshi Nakamoto.

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November 16, 2017, 01:12:26 AM
 #1754

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

Many of the ways you've mentioned are among the most likely, I feel that legality issues could not kill bitcoin but could severely hinders its progress. Ideas to supersede it are really where the chance of it 'dying' increases. If a new technology is introduced that is even better than bitcoin in every way then there would be no place for bitcoin anymore other than perhaps for collectors.

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November 16, 2017, 01:14:22 AM
 #1755

I would say nearly every way you have mentioned could be how we see crypto currencies die. If there is no interest there will be no value.

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November 16, 2017, 01:25:30 AM
 #1756

Maybe if the government will ban it because of the comfort it gives to people in terms of financial needs. Maybe lets focus on its growth not by putting it down by negative topics. I trust bitcoin. So should you Smiley

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November 16, 2017, 01:27:38 AM
 #1757

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?

I think, any coin would end up losing their value if people would stop buying and using it. Anything that people wouldn't want to use will eventually lose its value, this doesn't only apply to bitcoin or any other cryptocurrencies but to everything which people are using.

For me, I think bitcoin will end if there no people who doesnt use this. If there is no people who doesnt need this but I guess Theres no people who doesnt need this. And One thing is if the value of bitcoins price will loss then many people will discourage about this, then it will be the reason that bitcoin will end. We have different reason and that was just my opinion.

We are all have our different opinion towards bitcoin but as long as we keep on believing that bitcoin can give us some benefits for our future definitely bitcoin will not die.

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November 16, 2017, 01:28:33 AM
 #1758

I think future of crypto overall is a very interesting and important topic.. and I want to learn more about it...
 From my experience, I feel that conferences could be a good way to learn. I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it? It would be really interesting to know what experts think about future
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November 16, 2017, 01:40:27 AM
 #1759

Bitcoin will die if there will be a global shutdown of the internet, IMO. Bitcoin and crypto currencies are functioning because the blockchain where they use to run to is using the internet. Investors should also stop investing and people should also condemn bitcoin or alt coins for good. But all of those seems to be impossible to achieve, right?

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November 16, 2017, 01:45:03 AM
 #1760

I think future of crypto overall is a very interesting and important topic.. and I want to learn more about it...
 From my experience, I feel that conferences could be a good way to learn. I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it? It would be really interesting to know what experts think about future

It looks great! really interesting! I wish I could go, but it's a little bit expensive   Shocked
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