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Author Topic: In what situation would Bitcoin die?  (Read 99568 times)
batang_bitcoin
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March 13, 2017, 10:48:16 PM
 #341

if all the governments of all the world joint hands together to banned bitcoins ,then only would bitcoin can come to an end.otherwise it is not gonna happen no where soon. because of its decentralization and no technology could beat because it is the first of its kind.

Even they will do this so, still bitcoin people will keep on doing transactions again and again. The only situation that bitcoin will possibly die is there are no more potential investors that has interest on investing with it. And when that happens then the whole bitcoin economy will be dead very soon because of no incoming transactions and as well interest.

It is not possible that bit coin will die, reason is there are more users joining daily, it is decentralized currency, everybody knows what the profit it gives, the technology it is uses hardly possible to end the bit coin. I disagree with the fact that bitcoin economy will be dead i mean how it is possible when the something is reaching to the highest peak will be dead and more users are trusting it.

We are talking about "What situation bitcoin will die" and if there's no more investors coming in, no more users spending it. Then do you think that the bitcoin economy will be keep on operating. We are just assuming this but we know that bitcoin will never be dead because of the popularity and it's decentralization as well as billions of dollars in it's market cap.

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March 13, 2017, 11:27:23 PM
 #342

if all the governments of all the world joint hands together to banned bitcoins ,then only would bitcoin can come to an end.otherwise it is not gonna happen no where soon. because of its decentralization and no technology could beat because it is the first of its kind.

Even they will do this so, still bitcoin people will keep on doing transactions again and again. The only situation that bitcoin will possibly die is there are no more potential investors that has interest on investing with it. And when that happens then the whole bitcoin economy will be dead very soon because of no incoming transactions and as well interest.

It is not possible that bit coin will die, reason is there are more users joining daily, it is decentralized currency, everybody knows what the profit it gives, the technology it is uses hardly possible to end the bit coin. I disagree with the fact that bitcoin economy will be dead i mean how it is possible when the something is reaching to the highest peak will be dead and more users are trusting it.

We are talking about "What situation bitcoin will die" and if there's no more investors coming in, no more users spending it. Then do you think that the bitcoin economy will be keep on operating. We are just assuming this but we know that bitcoin will never be dead because of the popularity and it's decentralization as well as billions of dollars in it's market cap.
bitcoin able to create a shortcut for a person to be rich to those who can use it. if in mind is normal, then the bitcoin users will always grow, and it makes it never dies. but, a condition that can make it die is when the internet in the world disappear, because bitcoin need for internet access. but, it will not happen.

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March 14, 2017, 12:04:44 AM
 #343

if all the governments of all the world joint hands together to banned bitcoins ,then only would bitcoin can come to an end.otherwise it is not gonna happen no where soon. because of its decentralization and no technology could beat because it is the first of its kind.
I think it still will not make bitcoin die dude. bitcoin for decentralization and is in the internet even though the government banned bitcoin. but the government will not be able to withstand the user not to use bitcoin

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March 14, 2017, 12:12:10 AM
 #344

It ia so impossible to happen.
Bitcoin will never die because it is supported by many people around the globe.

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March 14, 2017, 01:24:28 AM
 #345

bitcoin will die when it is no longer the Internet, so users can bitcoin is no longer connected to the market and their wallets as well as with other users
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March 14, 2017, 03:52:54 AM
 #346

if all the governments of all the world joint hands together to banned bitcoins ,then only would bitcoin can come to an end.otherwise it is not gonna happen no where soon. because of its decentralization and no technology could beat because it is the first of its kind.
I think it still will not make bitcoin die dude. bitcoin for decentralization and is in the internet even though the government banned bitcoin. but the government will not be able to withstand the user not to use bitcoin

I agree with you dude, government cannot easily banned the bitcoin because internet access cannot hold by anyone unless they let their country cut the access of internet which is so impossible. Other than that, you cannot stop the bitcoin usage.

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March 14, 2017, 08:47:36 AM
 #347

It ia so impossible to happen.
Bitcoin will never die because it is supported by many people around the globe.

Indeed for now bitcoin has many supporters and it could only provide a positive thing for bitcoin in future. But do you also not perpikir about how that would happen if bitcoin experienced a problem, whether they are from the very beginning supported the bitcoin will still be mendukungnnya or even move..??. Try it so someone who isn't just being someone savvy in talking but also so smart people in analyzing
 
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March 14, 2017, 09:09:29 AM
 #348

It ia so impossible to happen.
Bitcoin will never die because it is supported by many people around the globe.
Indeed for now bitcoin has many supporters and it could only provide a positive thing for bitcoin in future. But do you also not perpikir about how that would happen if bitcoin experienced a problem, whether they are from the very beginning supported the bitcoin will still be mendukungnnya or even move..??. Try it so someone who isn't just being someone savvy in talking but also so smart people in analyzing

Never say never. Change, change.. changes! Adapt, or perish.
"mendukungnnya" sounds like Sepuku, I doubt one would have to do on a level of four times like 2015 levels. Did we not just made another ATH?

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March 14, 2017, 09:11:18 AM
 #349

But what is the defenition of Bitcoin being dead? Just no miners and no buy or sell power? Who desides what the defenition are as it will always be available it's just up to us, the people.

It will never die in my defenition atleast.

What's your definition of bitcoin's death? I think the scenario where bitcoin dies is when there's no more people using it or there's very little amount of people that are interested in it. I don't think it will come to a time when there's no miner at all since a regular guy can use his computer to start mining bitcoins. Combining tons of regular guys will be the same power as a decent mining farm.

I think no buy/sell power means that no one's using bitcoins at all and that means that bitcoin has already dead and it's not a situation where bitcoin will die.
I buy your explanation, though in my opinion it can never die, it can just be unactive.

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March 14, 2017, 09:19:15 AM
 #350

If a serios security flaw pops up that causes real damage to the user's coins so people will lose faith and trust in cryptocurrency as a whole.

That would be the doom day of all digital currencies.

Let's just hope that doesn't happen 😅

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March 14, 2017, 09:21:09 AM
 #351

I think the main reason when bitcoin dying if all bitcoin hoder are selling all their bitcoin. That is the situation would bitcoin die panic selling and no one can invest on it.  But bitcoin now is hard to gone or die because everyday have many people invest in bitcoin.

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March 14, 2017, 09:25:02 AM
 #352



very scary Grin




On the day no one uses bitcoin, you can say that bitcoin died

Bitcoins is growing at a very large pace, more and more people are using bitcoin so that in the future it will have a lot of value.

While bitcoin has acceptance by people it will not die.



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March 14, 2017, 09:29:38 AM
 #353



very scary Grin




On the day no one uses bitcoin, you can say that bitcoin died

Bitcoins is growing at a very large pace, more and more people are using bitcoin so that in the future it will have a lot of value.

While bitcoin has acceptance by people it will not die.



But Bitcoin will not die. It may be unactive but can always be picked up again, right?

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March 14, 2017, 10:14:07 AM
 #354

If the transaction delay keeps on increasing and increase in fees may kill Bitcoin some day. Although it may not be killed but will not be used widely as the present situation.



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.PRE-SALE▬.... Nov 29 2017
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danherbias07
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March 14, 2017, 10:20:06 AM
 #355

But what is the defenition of Bitcoin being dead? Just no miners and no buy or sell power? Who desides what the defenition are as it will always be available it's just up to us, the people.

It will never die in my defenition atleast.

What's your definition of bitcoin's death? I think the scenario where bitcoin dies is when there's no more people using it or there's very little amount of people that are interested in it. I don't think it will come to a time when there's no miner at all since a regular guy can use his computer to start mining bitcoins. Combining tons of regular guys will be the same power as a decent mining farm.

I think no buy/sell power means that no one's using bitcoins at all and that means that bitcoin has already dead and it's not a situation where bitcoin will die.
I buy your explanation, though in my opinion it can never die, it can just be unactive.

Best Regards,

A simple but better explanation. Inactivity will be the only reason for it to be forgotten.
Look at other coins that have boomed for a while and so much are talking about the certain coin. Now what?
This is what happens with the internet. You become popular then you get old and forgotten.
Keeping up new projects that is bitcoin related will really make a difference for people not to get bored with it. We are needed to be upgraded, because bitcoin wont.

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Zadicar
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March 14, 2017, 10:23:25 AM
 #356

But what is the defenition of Bitcoin being dead? Just no miners and no buy or sell power? Who desides what the defenition are as it will always be available it's just up to us, the people.

It will never die in my defenition atleast.

What's your definition of bitcoin's death? I think the scenario where bitcoin dies is when there's no more people using it or there's very little amount of people that are interested in it. I don't think it will come to a time when there's no miner at all since a regular guy can use his computer to start mining bitcoins. Combining tons of regular guys will be the same power as a decent mining farm.

I think no buy/sell power means that no one's using bitcoins at all and that means that bitcoin has already dead and it's not a situation where bitcoin will die.
I buy your explanation, though in my opinion it can never die, it can just be unactive.

Best Regards,

A simple but better explanation. Inactivity will be the only reason for it to be forgotten.
Look at other coins that have boomed for a while and so much are talking about the certain coin. Now what?
This is what happens with the internet. You become popular then you get old and forgotten.
Keeping up new projects that is bitcoin related will really make a difference for people not to get bored with it. We are needed to be upgraded, because bitcoin wont.
This is true,without any activity would really make bitcoin popularity would lessen and i do agree on what you have said is that all things have its own hype and time but it gets older as the time goes by and becomes boring in longer runs which causes for people to lose its interest until it is forgotten already.

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soul-impact
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March 14, 2017, 10:25:59 AM
 #357

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 idea about in how bitcoin will gonna die, I think if the internet in the whole world will disappear. Many businesses will get affected on it too if ever that happen. And also if all bitcoin users will disappear and stop using bitcoin in any aspect of its features . And the value of BTC will drop into zero.
yeah bitcoin is depend on internet if internet disappear in the whole world then bitcoin will be die.
However, the situation is unlikely to happen since the internet has been a part of people for many years. People know how to maintain the internet and do their best in order to keep the Internet survive. In general, the Internet can not be destroyed. Therefore, Bitcoin can not be affected by this issue. Altcoin will be the main problem. It can replace Bitcoin Cheesy  

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Worldcore
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vnvizow
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March 14, 2017, 10:33:53 AM
 #358

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 idea about in how bitcoin will gonna die, I think if the internet in the whole world will disappear. Many businesses will get affected on it too if ever that happen. And also if all bitcoin users will disappear and stop using bitcoin in any aspect of its features . And the value of BTC will drop into zero.
yeah bitcoin is depend on internet if internet disappear in the whole world then bitcoin will be die.
However, the situation is unlikely to happen since the internet has been a part of people for many years. People know how to maintain the internet and do their best in order to keep the Internet survive. In general, the Internet can not be destroyed. Therefore, Bitcoin can not be affected by this issue. Altcoin will be the main problem. It can replace Bitcoin Cheesy  

Yup, that's the benefit of p2p network. It's like how they can't kill ThePirateBay
IMO the only way it'll die is if all coins are mined and no one uses it anymore. No miner = dead coin but that's far away
aubert
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March 14, 2017, 10:35:00 AM
 #359

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 idea about in how bitcoin will gonna die, I think if the internet in the whole world will disappear. Many businesses will get affected on it too if ever that happen. And also if all bitcoin users will disappear and stop using bitcoin in any aspect of its features . And the value of BTC will drop into zero.
yeah bitcoin is depend on internet if internet disappear in the whole world then bitcoin will be die.
However, the situation is unlikely to happen since the internet has been a part of people for many years. People know how to maintain the internet and do their best in order to keep the Internet survive. In general, the Internet can not be destroyed. Therefore, Bitcoin can not be affected by this issue. Altcoin will be the main problem. It can replace Bitcoin Cheesy  

When world war III started and there's nuclear explosion everywhere until every technologies destroyed due to its effect and then the whole world would turn out just like when we're as a human being still in the age of stone, then it's possible to be happened.

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▬▬▬▬ Download WHITEPAPER ▬▬▬▬

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March 14, 2017, 10:40:02 AM
 #360

No, it's not dead. The idea of a block chain as a technology is here to stay, regardless of which crypto currency ultimately takes hold.

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