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Author Topic: In what situation would Bitcoin die?  (Read 101145 times)
AakZaki
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January 19, 2018, 11:47:07 AM
 #1961

Well, maybe when the situation began to lose confidence in the bitcoin users. people tend to leave bitcoin, because bitcoin is no longer provide benefits to users. but, I think it will not happen, because bitcoin will always provide many benefits to the users if we use it properly.

I really agree with you, Bitcoin will still exist if the users are using well and correctly, and in my opinion there is a drastic price just part of the drama.

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January 19, 2018, 11:55:12 AM
 #1962

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 if the internet connection will lost the bitcoin value will lost too. The main source of bitcoin is the internet connection therefore if there is no interenat connection we cannot able to connect with bitcoin. it may happens that bitcoin value will lost and the bitcoin will be not existed in this world.

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January 19, 2018, 11:59:55 AM
 #1963

Well, we know that bitcoin dying is not caused by forum posts announcing that it is dead, because we get those on a daily basis. Cheesy
No one really knows when will it die especially now that it is becoming more popular and more investors are keep on coming. Bitcoin will die if all countries around the world, all government are going to ban it forever. And it will never happen.

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January 19, 2018, 12:00:21 PM
 #1964

Bitcoin will NEVER die
On the contrary to your statement, some countries banned the use of bitcoin. Banning the bitcoin all of the countries is one of the factor that will make the bitcoin die.

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January 19, 2018, 12:54:09 PM
 #1965

Bubble, where the bitcoin loses it's value. Bubble happens in a firm where the price goes high like a rocket punch then it goes up and up until it pops like an ideal bubble. where it has no value and it just there but can't use for transaction or trading at all, that is when the bitcoin dies.

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January 19, 2018, 02:06:27 PM
 #1966

Bitcoin is a cryptocurrency. People will come invest and go. The more it is known the more it is popular now.  So day by day new people are joining in and making money. In any situation bitcoin will never die because worldwide there are many people who will keep the butcoin alive. Its price may fluctuate but will not die.
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January 19, 2018, 02:12:43 PM
 #1967

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

If a lot of bitcoin holder start selling their bitcoins out of panic, then MAYBE this will be the nail to the coffin for bitcoins. This kind of calamity usually reflects a loss of trust in bitcoins. Selling their bitcoins is only a reflection of how they no longer show support to the kind of technology we have now.

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January 21, 2018, 07:37:28 PM
 #1968

If the internet is lost but highly unlikely and also if the last bitcoin user stops it will become worthless and possibly unrecognized without value and trash on the network. so it will probably happen when the internet is no longer in operation and its users do not exist ...

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January 21, 2018, 07:52:24 PM
 #1969

When the people who made bitcoin turns it down~

When the f*cking government finds a way how to turn down bitcoin and have their own hand to it~
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January 21, 2018, 07:57:31 PM
 #1970

Maybe bitcoin will die when a horrible disaster attack the whole world and make all the system down or if you want the good reasons maybe it will die if there's no electricity anymore. But the greatest possibility that can happen is when some people success to create a system or virus to make bitcoin worthless.
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January 21, 2018, 07:58:44 PM
 #1971

I think the only possibility is if all governments will prohibit crypto or approve it and put high taxes on it.

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January 21, 2018, 08:15:35 PM
 #1972

Nobody knows. Recent events demonstrated that things which nobody expects keep happening all over the world without any control. In such environment bitcoin can die 

Unexpected situations are common in today society. We are all striving towards success but to achieve that in this ordinary world we must do something unexpected. Same goes for the Bitcoin which is the leader right now on the market charts.

Way before the developer of the Bitcoin did something unexpected and that creation brought us the Bitcoin that is slowly squeezing the central FIAT money. The problem lies in the possible event of some different technologies that can do the same to Bitcoin.

We are all believing in the Bitcoin and with our investment Bitcoin is prevailing but what will happen if something different, better and more suitable comes in our way? Will we kneel down before this new possible technology?

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January 21, 2018, 08:18:01 PM
 #1973

The only situation Bitcoin would die is if they kill it themselves for a different name with a better code!  Roll Eyes
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January 21, 2018, 08:26:01 PM
 #1974

The only situation Bitcoin would die is if they kill it themselves for a different name with a better code!  Roll Eyes

I think if the American's decide to kill bitcoin they will kill it. They just need to put their mind to like they did when they decided to kill Hitler they can do it. Proof. Look at the Manhantn project and the Moon shot (fake or not) eather way they pooled it all off so can they kill Bitcoin? Yes they can! (fool disclose I hope they don't but I don't dought American's can do it).

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January 21, 2018, 08:31:11 PM
 #1975

i think bitcoin can die if user not choose bitcoin again....because the price of a bitcoin is determined by the request, so if the user does not select bitcoin then the demand will decrease and bitcoin will slowly disappear
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January 21, 2018, 08:38:44 PM
 #1976

If there is no more internet simply
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January 21, 2018, 08:41:51 PM
 #1977

I think the only way it could die is if everybody stop using Bitcoin. Bitcoin can't live without its users.

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January 21, 2018, 08:54:05 PM
 #1978


The only thing that could kill bitcoin is probably a major crash like 95 % + of its value that makes everyone even the most adament hodlers lose all belief in its future. I think this is such an unlikely scenario though as too many people have too much invested in its success.
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January 21, 2018, 08:58:35 PM
 #1979

I think bitcoin will die if nobody uses bitcoin forever. There are many people who use bitcoin for daily needs, especially some people who live in the city that so many merchants there who receive bitcoin.

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January 21, 2018, 09:04:18 PM
 #1980

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 if no one cares anymore. There's bitcoin because there are people supporting it.

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