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Author Topic: In what situation would Bitcoin die?  (Read 101138 times)
billykannithi
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March 11, 2018, 08:20:36 PM
 #2241

In the global perspective, bitcoin is unlikely to collapse, rather, the worst thing that the most famous crypto currency can expect is local correction and stagnation.

and what do you think if not all but most countries will restrict using bitcoin in payments and converting it into fiat money?
Actually they can't man, because Bitcoin is totally anonymous . Tracking a man through a transaction seems impossible for us unless that guy want to show who he is .
So the transaction will be continued in underground and noone will know about even they banned it also. Nothing can stop Bitcoin.

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March 11, 2018, 08:27:37 PM
 #2242

Perhaps if the internet dies or governments are able to completely scare everyone of us out of it, then the end may come...

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March 11, 2018, 08:32:09 PM
 #2243

I myself do not know if the bitcoin will die or not. I can not think about the cause of bitcoin death. But as long as bitcoin is still there and used, bitcoin will not die. I will continue to use it until my saturation point. If I have to wait for a dead bitcoin I think it will be very long and hard too. Bitcoin itself is a technology and it will continue to grow.

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March 11, 2018, 08:45:08 PM
 #2244

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Skeptics are discussing the nearest collapse of bitcoin, they say that it was created to serve the drug trade and illegal turnover. But now we are witnessing quite the opposite picture. Bitcoin infrastructure does not collapse, it develops.

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March 11, 2018, 08:47:27 PM
 #2245

For bitcoin, quantum computers are very dangerous. When quantum computers become more modern, they will violate the security of bitcoin.

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March 11, 2018, 09:41:15 PM
 #2246

Bitcoin might die if government of all the countries make it a regulated currency of world. This is a good thing but it is not good for our free bitcoin which is decnhtrazlized currently. The reason is, people or the investors are looking for big time profits here and they do not want the amount of transaction to be limited with regulation and they do not want taxes to be paid for the same bitcoin which is currently free of it. This will result in uninterested fan following of bitcoin losing its value over the time.

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March 11, 2018, 09:46:40 PM
 #2247

Bitcoin might die if government of all the countries make it a regulated currency of world. This is a good thing but it is not good for our free bitcoin which is decnhtrazlized currently. The reason is, people or the investors are looking for big time profits here and they do not want the amount of transaction to be limited with regulation and they do not want taxes to be paid for the same bitcoin which is currently free of it. This will result in uninterested fan following of bitcoin losing its value over the time.


Bitcoin will die if people will stop buying it. If the time no one will buy Bitcoin it's value will drop and that's the end of Bitcoin. Btc depends on the investment of people if the demand is low the value will drop. Hoping that btc will survive longer.

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March 12, 2018, 02:03:28 AM
 #2248

If our country criminalize it
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March 12, 2018, 02:07:26 AM
 #2249

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

I don't think such type of thing will happen in near future, yes If all the countries will take a legal action over it to ban it in there counties. They it may lost it values may again go down to $10

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March 12, 2018, 02:11:28 AM
 #2250

Bitcoin will disappear on the day when the Internet does not exist. Because bitcoin relies on the Internet to trade, it is remedying the Internet's shortcomings.
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March 12, 2018, 02:22:50 AM
 #2251

I think that if everyone does not buy Bitcoin, when all countries do not agree with Bitcoin, Bitcoin may return to zero, but these conditions are obviously impossible. The value of Bitcoin will attract more investors. Now, open countries like Japan and South Korea have begun to accept Bitcoin.
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March 12, 2018, 02:24:19 AM
 #2252

Support from the group, if the group will quit utilizing bitcoin at all at that point no sense now of it's presence. Bitcoin trades will now have a phantom volumes since no dynamic dealers by any stretch of the imagination, shippers that acknowledges bitcoin will expel bitcoin as one of their installment technique, Bitcointalk discussion will turn into an apparition gathering and numerous more.Good thing no such thing like that will happen to bitcoin so long live. Others alts as of now experienced that less help the group coming about to a withering coins.

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March 12, 2018, 02:30:36 AM
 #2253

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

If no one uses bitcoin anymore and world wide ban of internet connections Cheesy but i think both is impossible to happen, because bitcoin is one of the good currency in the market and no one can use other currency if bitcoin die, all crypto currency will die.

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March 12, 2018, 02:35:52 AM
 #2254

Bitcoin die if there's no more people using bitcoin and if they are totally banned all over the world which is impossible to happen.

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March 12, 2018, 02:37:42 AM
 #2255

I think bitcoin will be die if no one use bitcoin. Because people that make bitcoin is worthed. There are a lot of people that use bitcoin for their daily life especially some people in city that so many merchant in there that accept bitcoin.

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March 12, 2018, 02:44:31 AM
 #2256

Bitcoin will disappear on the day when the Internet does not exist. Because bitcoin relies on the Internet to trade, it is remedying the Internet's shortcomings.
Although the internet is the heart of bitcoin, but I'm sure that it's not because the internet is not available bitcoin off, but because of the user's influence, as long as there are users and communities then bitcoin will persist, but if the user goes then bitcoin immediately zero.

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jakirdj95
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March 12, 2018, 02:49:19 AM
 #2257

Tha situation that can make bitcoin sinking is tha trust of tha user to keep using bitcoin so that so circulation of bitcoin transactions in tha market stay awake because of tha bitcoin enthusiasts are decreasing then tha price also goes down and tha price decrees make. bitcoin enthusiasts worse and even might think to stop using it because can no longer give them an advantage. but based on what  I always imagined is that if bitcoin would get banned world wide but even though there are thing that gets banned there will be always a way to do secretly like drugs, illegal drugs are banned world wide but there are people who sell it secretly right? so if drugs could do it then bitcoin could also do it.

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March 12, 2018, 02:49:26 AM
 #2258

I think when the end of bitcoin has come. The main reason of that is totally banning of crypto currency all over the world.

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March 12, 2018, 02:52:14 AM
 #2259

Cryptocurrency will slowly lose its popularity when there is a more sophisticated technology and more secure to replace its position. In my opinion cryptocurrency will not really die only the demand is reduced

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March 12, 2018, 02:52:54 AM
 #2260

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

I thibk bitcoin will die in a sense that if people are stop from using that and people are into something new. In that situation bitcoin will slowly fall as well as its price because of the low demand and use of people in a country or specific places yet I think this will not gonna happen because bitcoin is very popular today.

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