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Author Topic: In what situation would Bitcoin die?  (Read 101138 times)
Veerraa
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February 22, 2018, 11:13:04 AM
 #2101

if a situation arises where the market price of bitcoin goes so low that there is no hope of revival would be when any other form of cryptocurrency like ethereum would rise up or when paypal lessens its security and taxes,which many people prefer,because earning bitcoins for an average person is not possible as he has to do bitcoin mining
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Wong Gendheng
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February 22, 2018, 11:16:47 AM
 #2102

Bitcoin uses the concept of decentralization, so the biggest influence is the user, as long as the loyal users and happy to use bitcoin then bitcoin will continue to live, but if the user run then bitcoin will die.

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February 22, 2018, 11:19:05 AM
 #2103

there are no situation bitcoin will die even the creator of bitcoin they would stop it because many people are getting curious about btc and btc is gaining more popular in any country so there is no possibility that bitcoin will die, erase, gone, disappear in markets many people even me are believe that bitcoin will rise up and all people will amaze on it.

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February 22, 2018, 11:40:20 AM
 #2104

When people lose trust because of slow transaction and very big fee. and the whales start leaving crypto. the price of crypto in this position must be breakdown and all people will leave it

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February 22, 2018, 12:00:31 PM
 #2105

Bitcoin can be died if nobody do or invest btc anymore or nobody trust btc anymore.

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February 22, 2018, 12:02:23 PM
 #2106

there are no situation bitcoin will die even the creator of bitcoin they would stop it because many people are getting curious about btc and btc is gaining more popular in any country so there is no possibility that bitcoin will die, erase, gone, disappear in markets many people even me are believe that bitcoin will rise up and all people will amaze on it.

There is actually one, as you know, if there is no internet, bitcoin disappears as well. Because blockchain can't work without internet and it's amust for ongoing system in bitcoin transfers.
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February 22, 2018, 12:05:08 PM
 #2107

If people will lose interest in bitcoin and dont invest in it, it will eventually die. But i hope it will not.
tayogpanganiban
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February 22, 2018, 12:08:10 PM
 #2108

Bitcoin will probably die if all countries will totally ban bitcoin but it's impossible that bitcoin will die because there are still lot of people who are interested to invest in bitcoin.And there are still many countries supported bitcoin.

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February 22, 2018, 12:09:16 PM
 #2109

there are no situation bitcoin will die even the creator of bitcoin they would stop it because many people are getting curious about btc and btc is gaining more popular in any country so there is no possibility that bitcoin will die, erase, gone, disappear in markets many people even me are believe that bitcoin will rise up and all people will amaze on it.

There is actually one, as you know, if there is no internet, bitcoin disappears as well. Because blockchain can't work without internet and it's amust for ongoing system in bitcoin transfers.

If people lose faith in the security of the network for one reason or another then bitcoin could die. no matter how many times i look at the numbers i always have this idea in my head that an address could finally be cracked with a super computer ie one of satoshis old addresses, this would obviously be catastrophic .

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February 22, 2018, 12:24:01 PM
 #2110

Bitcoin will die because of the bann imposed on it and its fluctuating values. This result in people loosing their interest and soon bitcoin will be dead.
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February 22, 2018, 12:31:29 PM
 #2111

We all know that the biggest influence of bitcoin development is exchanges, it makes the exchanges as life in bitcoin so that if there is no exchanges then bitcoin immediately die, because people can not trade as it is now.

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February 22, 2018, 12:33:39 PM
 #2112

there's only one situation where all users will not invest and lose faith about bitcoin. But this will not happen because we have great mind.

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February 22, 2018, 12:37:02 PM
 #2113

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 own point of view, bitcoin will die if internet will die too. The only access to earn bitcoin is through internet. So without it we cannot earn bitcoin. But, it is far to happen because we are now in modern era and internet is one of the most used nowadays.

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February 22, 2018, 12:44:29 PM
 #2114

I figure Bitcoin will dead if each nation chooses to boycott Bitcoin for all time. At that point, there will be no more individuals utilizing Bitcoin on the grounds that they may be captured in this condition. What's more, bitcoin can likewise be dead if there are another cryptographic money which is more beneficial, more progress and can settle the vast majority of the bug of bitcoin. Later on, there will be more cryptos qualifying these facors.
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February 22, 2018, 12:52:03 PM
 #2115

It may die when the government ban all of crypto currencies because i think government has a true power to destroy it. Bitcoin can actually die if no one supporting it.

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February 22, 2018, 12:59:42 PM
 #2116

The bitcoin/Cryptocurrency leverages on the blockchain technology and also the internet. Well, if the internet and electricity stops then Cryptocurrency itself can be no more.

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February 22, 2018, 01:11:46 PM
 #2117

There are many reasons to cause Bitcoins death like lack of bitcoins demand but for me, bitcoin will definitely die if the world wide web will perish.

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February 22, 2018, 01:11:59 PM
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 #2118

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

Legality issues aren't so worrying for there are many illegal things that are still running in our society. Invention of a new devastating device that can shutdown the system of Bitcoin is more possible to end it. Since it is running trough a certain technology, there is a possibility to wipe it out also by the use of a technology.

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February 22, 2018, 01:13:52 PM
 #2119

It would die if it gets ban through out the world or a more successful altcoin will replace Bitcoin. But I think it will be impossible unless all the investors pull out there investment in Bitcoin. Bitcoin since started it has been the reference of other altcoins. Yes there are altcoins that  have much greater road map to Bitcoin but for me, they only exist because of Bitcoin.
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February 22, 2018, 01:18:19 PM
 #2120

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin will die if the entire World has banned Bitcoin in any case. And the most deadly again if in this World there is no longer the Internet network.

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