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Author Topic: In what situation would Bitcoin die?  (Read 101125 times)
claydeey
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January 18, 2018, 10:42:30 AM
 #1921

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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January 18, 2018, 10:49:58 AM
 #1922

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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January 18, 2018, 10:50:07 AM
 #1923

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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January 18, 2018, 10:58:23 AM
 #1924

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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January 18, 2018, 10:59:20 AM
 #1925

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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January 18, 2018, 11:01:09 AM
 #1926

I personally don't think that bitcoin will ever die. But I guess this could happen only if people get really scared and they start to sell without thinking this through.

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January 18, 2018, 11:14:59 AM
 #1927

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

If nobody uses bitcoins anynore that is the time bitcoins will die because if that happens the overall value of them will become zero again and that is possible to happen knowing that there are a lot of altcoins out there that are much better than bitcoins. But i know that before that happens the bitcoins will be the most successful coins for a long period of time. So just enjoy the moment that the bitcoins are still the prime and take that as an advantage to gain alot of profit.

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January 18, 2018, 11:37:50 AM
 #1928

The possibility that can certainly happen anytime, but of course we all have the same hopes for progress of bitcoin will continue to grow as well as bitcoin services getting better in the next day.
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January 18, 2018, 11:41:27 AM
 #1929

If people lost interest in cryptocurrencies and also began converting their bitcoins to more promising cryptocurrencies like dogecoins or the likes. this will drastically hurt the value of Bitcoin and worse, might become the cause of death of the bitcoin.

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January 18, 2018, 11:45:41 AM
 #1930

When trust dies bitcoin dies, the reason why gold is precious metal is the trust people have on it and of course because of various socio historical reason, if that dies asset/currency will always die.
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January 18, 2018, 12:03:41 PM
 #1931

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Perhaps, bitcoin would die only if the the demand will be stop and bitcoin users will disappear and no traders will no longer attempt to use it. Or if the internet will be gone also.

I also believed in this statement. One of the situation where Bitcoin would lose or die might be because of the market failure. If there would be no people will patronized Bitcoin there would be no demand and probrably Bitcoin will eventually stop its supply.

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January 18, 2018, 12:29:40 PM
 #1932

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.
Internet is also one of the reason that makes Bitcoin disappear but the most appropriate and specific answer would be a zero demand resulting to a zero supply makes Bitcoin die at once.

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January 18, 2018, 12:30:58 PM
 #1933

Bitcoin will NEVER die
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January 18, 2018, 12:32:00 PM
 #1934

Btc will only die if there's another cryptocurrency or other coin that will surpass and will beat the btc.

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January 18, 2018, 12:40:47 PM
 #1935

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

when internet was gone because we all know that bitcoin is done with the use of internet. Without internet the flow or the system of bitcoin will be destructed and gone unless if it has a data storage somewhere, we can retrieve it. In some other cases, Bitcoin can die if all government in the world banned the use of bitcoin.

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January 18, 2018, 12:42:06 PM
 #1936

I think the circumstance that makes bitcoin bite the dust is that when all the client of bitcoin or the supposed bitcoin quit doing bitcoin. In the event that the number of inhabitants in bitcoin diminishes. In any case, for me nobody can quit doing bitcoin in light of the fact that it encourages everybody to procure cash in a simpler way and it is a major open door for us. Bitcoin is one of the wellspring of pay. Many individuals can contribute, it can likewise use for exchanging. We trust that bitcoin won't bite the dust since this is the most well known and new cryptographic money on the whole.

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January 18, 2018, 12:43:26 PM
 #1937

Other than the means we know, what could kill him is that nothing develops around the bitcoin so we can spend it
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January 18, 2018, 01:01:34 PM
 #1938

The most obvious way that Bitcoin will die is when the demand of it becomes absolutely 0. Having a demand of zero means that people don't have any interest of Bitcoin whatsoever now their are many scenarios why Bitcoin's demand will be zero from the government banning it or when a new Altcoin replaces Bitcoin. But I am not worrying about it as Bitcoin is still has a growing demand that makes it have a secured long future ahead..

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January 18, 2018, 01:40:48 PM
 #1939

for sure it will die when everyone sells their bitcoins (that is likely impossible to happen) and no one buys again. But selling all of it will cause its price to go down and will cause the investors to buy bitcoins and hold it til it goes back to its average value  Grin

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January 18, 2018, 01:55:09 PM
 #1940

Under what circumstances will Bitcoin die? I think Bitcoin will really die when in the World is no longer the Internet name. While the Internet is still in the World, I think Bitcoin will continue to exist even though the price will rise and fall very dratis in because of the regulation of Bitcoin in Europe and Asia. but this is fair in my opinion because from year to year Bitcoin experienced this continuously so it is like the Tradition at the beginning of the Year.

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