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thenameisjay
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January 16, 2018, 11:27:50 AM |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
The factors than can contribute to the death of bitcoins are the loss of support from the community, hard forks, and loss of investment. I believe if people stopped believing in bitcoins, it will eventually die. Hardforks will also be the death of bitcoins which connects to the loss of investors since these investors would focus on the token fork rather than bitcoins. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Waccamaw
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January 16, 2018, 02:36:18 PM
Last edit: January 21, 2018, 02:05:44 PM by Waccamaw |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
bitcoin die mean price back less than 1$ and this will happen if all stop using bitcoin. No central bank will support crashing if many people stop trusting in bitcoin bitcoin will die if all stop using bitcoin. demand give bitcoin price and can kill bitcoin |
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sk.kumar3582
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January 16, 2018, 05:02:03 PM |
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bitcoin will die if all stop using bitcoin people and demand give bitcoin price and they can remove this price from it.
bitcoin will end when demand end
which means it wont end at all, demands is being increased by many individuals and also governs, bitcoin can be used in many cases people have problem with using cash ! |
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mworld12
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January 16, 2018, 05:09:30 PM |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
if the demand dies bit coin dies  |
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Caraphernalia
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January 17, 2018, 11:40:36 AM |
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If there is no person that is interested to invest their money through the use of bitcoin as a medium for business transaction. Bitcoin could die if it is not beneficial anymore and if it has no value that is can be use like an alternative form of money.
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Sum24
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January 17, 2018, 01:59:31 PM |
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I think the popularity and efficiency that will make bitcoin survive in digital currency. In addition, bitcoin also must solve the problem of delay in delivery, occurring for some time.
Yes of course, bitcoin is a digital currency and it will last longer because it’s mining and trading is high and most of people are doing it. So, there is no chance of ending bitcoin and people are investing their money and buying bitcoins, so it means there is no end of it. You can fearlessly invest your money in it because it is the only 1st top rated crypto currency that has the most mining and trading rate. So its ending is almost impossible. In my opinion there are only two things where bitcoin can be die first one is if internet stop work because bitcoin is only available on internet if you have internet then you can sue bitcoin as much as you can but if you don’t have internet then there will be no bitcoin secondly if bitcoin price drop and it stay remain on one place so then there is no chance for bitcoin to survive so I think these two things can kill bitcoin. |
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Majharul Saiif
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BountyMarketCap
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January 17, 2018, 02:08:16 PM |
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In my opinion, I just want to say that there is no possibility to die Bitcoin in current situation. I also think that Bitcoin will survive untill the destroy of the world.On the other hand,if the don't use crypto currency, then its demand will die and ultimately Bitcoin will die in that situation
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RajaJudi
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Less is more
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January 17, 2018, 05:28:59 PM |
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I think the popularity and efficiency that will make bitcoin survive in digital currency. In addition, bitcoin also must solve the problem of delay in delivery, occurring for some time.
Yes of course, bitcoin is a digital currency and it will last longer because it’s mining and trading is high and most of people are doing it. So, there is no chance of ending bitcoin and people are investing their money and buying bitcoins, so it means there is no end of it. You can fearlessly invest your money in it because it is the only 1st top rated crypto currency that has the most mining and trading rate. So its ending is almost impossible. Many countries banned Bitcoin. Government even put their citizen into jail if they do against the law. If no country accepted Bitcoin, it would die. Secondly, internet around the world is cut down, put the world into stone Age again. However, it will never happen for sure  Therefore, Bitcoin won't die |
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Fantastic33
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January 17, 2018, 10:06:56 PM |
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Bitcoin will only die if there wil be no investord, traders or users. But i think it will never happen because even other countries banned bitcoin, still, there are lots of people using it, and more are becoming aware of it.
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hashshashin
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Look ARROUND!
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January 17, 2018, 10:26:17 PM |
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How can bitcoin die when more and more people learn about it and other crypto-currencies. At the moment, I believe that the popularity of bitcoin will only grow and this will strengthen its position in the market of crypto currency.
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• Telegram
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Basterian7789
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January 18, 2018, 09:25:22 AM |
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Bitcoin itself is useless without blockchain and this system work together for a last years. Such that it will be more popular and valuable thing in that time.
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tonyvo2017
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Lifestyle & Wellness Platform
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January 18, 2018, 09:40:41 AM |
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bitcoin die? I think that will never happen. I think bitcoin is a king of the electronic money market and will never die. You may think that mining will lose bitcoin and it will disappear. Please tell me that it will not happen because the mining is a bit[Suspicious link removed]d bitcoin tool but if the bitcoin number is decreasing then the algorithm to solve is very difficult and sometimes the computer will not be able to solve that.
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mr.niwangz
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January 18, 2018, 10:21:23 AM |
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If all countries banned bitcoin, it would probably die because investors and no one else could be arrested because they might be arrested by the authorities or have stopped people from using bitcoin, it would probably die.
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Yur
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January 18, 2018, 10:26:04 AM |
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Bitcoin will die when internet is also dead. Ofcourse I do not believe that internet will cease to exist so Bitcoin will always be in existence. There will still be miners and merchants.
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fianaindriati
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January 18, 2018, 10:39:49 AM |
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Bitcoin will die when internet is also dead. Ofcourse I do not believe that internet will cease to exist so Bitcoin will always be in existence. There will still be miners and merchants.
yes if the internet will all be turned into the original, because until now the internet has been used a lot of people too, sometimes also have a lot of that depends on the internet. so essentially if the internet does not exist or die, then everything will also be lost, which is related to the internet. |
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claydeey
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January 18, 2018, 10:42:30 AM |
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Bitcoin will die if the Government authority will ban every BTC users and sites in all of the countries in the world. Bitcoin will also die if the internet connection or internet providers will shut down its operations.
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Rubble898zaitO
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January 18, 2018, 10:49:58 AM |
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If all the people in the world would stop thinking about it. Exchanges will drop it along with all the other alt coins. In short, bitcoin will only die if the world of cryptocurrency seizes everywhere.
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Sab11
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io.ezystayz.com
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January 18, 2018, 10:50:07 AM |
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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 bitcoin die if the internet is gone, bitcoin will get ban permanently and if the demand is gone that is my theory, but if it become true it will remain and forever alive in my heart. |
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Wong Gendheng
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January 18, 2018, 10:58:23 AM |
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Because users do not trust bitcoin and they sell all bitcoins, it will make bitcoin die, as happened a few days ago, it seems that many users are panicking so selling all the bitcoin so the price drop, but fortunately the price back rises above $ 11,000...
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Creating N Action
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January 18, 2018, 10:59:20 AM |
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I think the situation that makes bitcoin die is that when all the user of bitcoin or the so called bitcoiner stop doing bitcoin. If the population of bitcoin decreases. But for me no one can stop doing bitcoin because it helps everyone to earn money in an easier way and it is a big oppurtunity for us. Bitcoin is one of the source of income. Many people can invest, it can also use for trading. We believe that bitcoin won't die because this is the most famous and new crypto currency in all.
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