Donutcome
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October 16, 2017, 03:52:27 PM |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
It's not possible for bitcoin to die but let's suppose how it might happen. -If the miners somehow stop mining. -If someone hacks into the bitcoin network. There are many others ways but these are enough for this topic Bro, your answer makes no sense. First you say it is not possible for Bitcoin to die. Then you say "let's suppose how it might happen". Right on the spot mate. It really is sound confusing in the sense that you agree that Bitcoin would not die because of some reasons and then at the end you will say, that let's think how it might happen? But then again if you would read it as understandable as you could be it goes something like this: "It is not possible for bitcoin to die, but let's think how it might suppose to happen." Something like that, I guess. Well i think he means bitcoin can die but he just not want us to feel bad that is why he is telling it that way and also i personally think that bitcoin can die if everyone started earning bitcoin instead of working this way the government will try their best to shut bitcoin down.
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AmXProX
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October 16, 2017, 03:59:03 PM |
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when no one is solving the blocks anymore, by that scenario bitcoin can't be transfered from one user to another.
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barcanigga
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October 16, 2017, 04:04:01 PM |
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I don't think value decrease will kill bitcoin as of now but yes, one thing will surely kill bitcoin, is the government. Only the government has the power to kill bitcoin for their own country.
If the government steps up and start cracking up bitcoin users of their own country, then bitcoin would die and market cap will start getting decreased. I don't see any other reason for bitcoin to die soon enough.
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Telegraphcoin
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October 20, 2017, 11:45:59 AM |
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I think the only thing that could kill bitcoin at this point would be if another coin came out that had universally better software and features.
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Lalafell
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October 20, 2017, 11:58:20 AM |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
The reason if ever bitcoins or any other crypto currency will lose its market value is the decrease of its demand in the online market. It is very crucial since it is only the hype of these online currency makes it expensive. Crypto currencies is pretty much legal to most countries and hopefully they stop banning it anymore in the future.
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cryptofuturologist
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October 20, 2017, 12:08:44 PM |
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I think it is the end of bitcoin in the sunshine moning, when all marketplaces are crashing and current financial system is bursting. soon we get to know the quantum computer has been developed)
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Xenophoto
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October 21, 2017, 06:00:22 PM |
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I think the only thing that could kill bitcoin at this point would be if another coin came out that had universally better software and features.
Which is basically like all the altcoins out there, ain't it? It's obvious that they aren't going near bitcoin especially the coins that are under ETH contract. Once ETH goes down, they are also going down. ETH was believed to replace bitcoin and that belief has even grown stronger when ETH has pumped up to 1.2 BTC each. Sad for the ones who tried to chase the pump and bought at a really high price. One thing that I'm kinda certain about. Bitcoin is not going to be replaced by another cryptocurrency. Bitcoin is the king of crypto but not the king of all monetary systems. I bet there will be a far more sophisticated system yet so intuitive interface to come out in the future. Bitcoin might even be just a prototype of that new project. Who knows, who cares? No one. Regardless if bitcoin would ever die in the future or not, we all have had our piece of the pie. We've all had our profits with bitcoin.
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Didle1938
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October 21, 2017, 06:51:09 PM |
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I feel in scenario if the electrons abruptly refuse to run all more than the planet, Bitcoin would die. As nicely as a milk in your fridge Â
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saschafx
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October 22, 2017, 04:14:33 AM |
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I consider Bitcoin will dead if each and every country decides to ban Bitcoin permanently. Â And bitcoin can also be dead if there are a new crypto forex which is much more lucrative.
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Panah Arjuna
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October 22, 2017, 04:27:54 AM |
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bitcoin will die in the event of world war, and in the market nobody uses bitcoin anymore, that's my bitcoin I think will die
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sonic212
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October 22, 2017, 04:28:46 AM |
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Bitcoin will die if every country decides to ban Bitcoin permanently. Then, there will be no more people using Bitcoin because of bitcoin under these conditions. And bitcoin can also die if there is a new crypto that is more profitable, more advanced and can fix most bitcoin. Going forward, there will be more crypto eligible for these facors.
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szpalata
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October 22, 2017, 04:36:59 AM |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
The reason if ever bitcoins or any other crypto currency will lose its market value is the decrease of its demand in the online market. It is very crucial since it is only the hype of these online currency makes it expensive. Crypto currencies is pretty much legal to most countries and hopefully they stop banning it anymore in the future. I don't think bitcoin will die if it isn't hyped because naturally it is evolving into something the entire world is accepting as a medium of exchange and so even if it isn't hyped or publicized in any way it will still be popular among its usersand will not die but what i think can extinct bitcoin is the internet without which it can not operate
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im posible
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October 22, 2017, 04:40:01 AM |
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According to my opinion bitcoin can die when there's a tech disaster or something where all the connections are lost and this spider web system is messed up or destroyed. If the regulation in every country that might prohibit the use of bitcoin I think it can still be tricked to the extent of the benefits and enthusiasm of bitcoin users today.
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tkamal
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October 22, 2017, 04:55:48 AM |
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Don't angry with my reply when this world completely finished that is the situation Bitcoin will die. why I am saying this cryptocurrency only the future and without that world is going to suffer. So no option left then accepting this and which will last for ever.
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quarkyplum
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October 22, 2017, 05:43:42 AM |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
The reason if ever bitcoins or any other crypto currency will lose its market value is the decrease of its demand in the online market. It is very crucial since it is only the hype of these online currency makes it expensive. Crypto currencies is pretty much legal to most countries and hopefully they stop banning it anymore in the future. I don't think bitcoin will die if it isn't hyped because naturally it is evolving into something the entire world is accepting as a medium of exchange and so even if it isn't hyped or publicized in any way it will still be popular among its usersand will not die but what i think can extinct bitcoin is the internet without which it can not operate In someday, Bitcoin will die by its user, nothing makes Bitcoin dies. You must to know our favorite and technology always change, therefore if Bitcoin is still backward, I am sure it will killed by its user, community because they change to other currency, platform better than Bitcoin.
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yasukata
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October 22, 2017, 05:47:19 AM |
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The bit coin will survive and it will be the only credit currency
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raliyat
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October 22, 2017, 05:53:42 AM |
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If nobody is not having internet connection in this world that time only Bitcoin will die. Which not possible in this world instead of ending Internet day by day internet users and connection increasing and along with internet Bitcoin also growing so I don't think Bitcoin is going to die it is impossible.
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Fatanut
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October 22, 2017, 06:26:05 AM |
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I consider Bitcoin will dead if each and every country decides to ban Bitcoin permanently. Â And bitcoin can also be dead if there are a new crypto forex which is much more lucrative.
Forex is, like, dying. The players of Forex are starting to move to cryptocurrencies. It's only obvious that a lot of people will be so into bitcoin because of the huge price increase that we've had this year. I think that bitcoin getting banned in all countries will just make it more known by people. They are going to do research as to why did all the government got united and banned bitcoins. Let's just say that hypothetically they were able to kill bitcoin with this method, then how about all the other cryptocurrencies? There are a lot of alternatives to bitcoin, some might even have a slightly better feature. Killing bitcoin will be very pointless because cryptocurrencies are created so easily. Banning bitcoin is like announcing to the masses that there is a monetary system that can free you from the fiat system and the government is so scared of it so they did the most desperate move -- ban it.
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kevindjunaidi
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October 22, 2017, 06:26:27 AM |
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bitcoin will die in a situation where no internet or bitcoin can not be accessed again, until that situation does not happen then bitcoin will not die and will still survive forever.
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denny27
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★Bitvest.io★ Play Plinko or Invest!
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October 22, 2017, 07:32:52 AM |
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Surely that could happen if the Internet is can't using anymore, we know bitcoin is on the internet .. born on the internet, all its progress..developments goes through the internet, and for people who do not know the internet would be far from bitcoin, do not even know what it's bitcoin. In addition, bitcoin can die if all countries prohibit using of bitcoin, all governments banned all activities related to bitcoin, of course it can also make bitcoin will die and not used anymore. But I don't think at all that's will be happens, that's impossible, I think bitcoin will keep strong and still alive all the time until the future I guess.
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