In what situation would Bitcoin die?

[daniweb]

I personally don't think that bitcoin will ever die. But I guess this could happen only if people get really scared and they start to sell without thinking this through.

[sheryl26]

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

If nobody uses bitcoins anynore that is the time bitcoins will die because if that happens the overall value of them will become zero again and that is possible to happen knowing that there are a lot of altcoins out there that are much better than bitcoins. But i know that before that happens the bitcoins will be the most successful coins for a long period of time. So just enjoy the moment that the bitcoins are still the prime and take that as an advantage to gain alot of profit.

[Rascar Capac]

The possibility that can certainly happen anytime, but of course we all have the same hopes for progress of bitcoin will continue to grow as well as bitcoin services getting better in the next day.

[Nyenyepogi]

If people lost interest in cryptocurrencies and also began converting their bitcoins to more promising cryptocurrencies like dogecoins or the likes. this will drastically hurt the value of Bitcoin and worse, might become the cause of death of the bitcoin.

[ChaitanyaKosaraju]

When trust dies bitcoin dies, the reason why gold is precious metal is the trust people have on it and of course because of various socio historical reason, if that dies asset/currency will always die.

[Kuya Kim]

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

Perhaps, bitcoin would die only if the the demand will be stop and bitcoin users will disappear and no traders will no longer attempt to use it. Or if the internet will be gone also.

I also believed in this statement. One of the situation where Bitcoin would lose or die might be because of the market failure. If there would be no people will patronized Bitcoin there would be no demand and probrably Bitcoin will eventually stop its supply.

[Gummybear67]

If all the people in the world would stop thinking about it. Exchanges will drop it along with all the other alt coins. In short, bitcoin will only die if the world of cryptocurrency seizes everywhere.

Internet is also one of the reason that makes Bitcoin disappear but the most appropriate and specific answer would be a zero demand resulting to a zero supply makes Bitcoin die at once.

[wajdi]

Bitcoin will NEVER die

[cryptojoe]

Btc will only die if there's another cryptocurrency or other coin that will surpass and will beat the btc.

[finaleshot2016]

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

when internet was gone because we all know that bitcoin is done with the use of internet. Without internet the flow or the system of bitcoin will be destructed and gone unless if it has a data storage somewhere, we can retrieve it. In some other cases, Bitcoin can die if all government in the world banned the use of bitcoin.

[johny.valencia2]

I think the circumstance that makes bitcoin bite the dust is that when all the client of bitcoin or the supposed bitcoin quit doing bitcoin. In the event that the number of inhabitants in bitcoin diminishes. In any case, for me nobody can quit doing bitcoin in light of the fact that it encourages everybody to procure cash in a simpler way and it is a major open door for us. Bitcoin is one of the wellspring of pay. Many individuals can contribute, it can likewise use for exchanging. We trust that bitcoin won't bite the dust since this is the most well known and new cryptographic money on the whole.

[sandwichman1]

Other than the means we know, what could kill him is that nothing develops around the bitcoin so we can spend it

[anwar98]

The most obvious way that Bitcoin will die is when the demand of it becomes absolutely 0. Having a demand of zero means that people don't have any interest of Bitcoin whatsoever now their are many scenarios why Bitcoin's demand will be zero from the government banning it or when a new Altcoin replaces Bitcoin. But I am not worrying about it as Bitcoin is still has a growing demand that makes it have a secured long future ahead..

[BitNotByte]

for sure it will die when everyone sells their bitcoins (that is likely impossible to happen) and no one buys again. But selling all of it will cause its price to go down and will cause the investors to buy bitcoins and hold it til it goes back to its average value 

[Dxdiax26]

Under what circumstances will Bitcoin die? I think Bitcoin will really die when in the World is no longer the Internet name. While the Internet is still in the World, I think Bitcoin will continue to exist even though the price will rise and fall very dratis in because of the regulation of Bitcoin in Europe and Asia. but this is fair in my opinion because from year to year Bitcoin experienced this continuously so it is like the Tradition at the beginning of the Year.

[Cholidm]

yes bitcoin can die in a certain condition if the internet network all over the world die as well and everyone is not using digital currency for the condition I think will never happen

[Christian13]

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 everyone stopped mining it. Even so I'm not sure if the network would stop. And if we come up to a worst situation that makes bitcoin die as a currency, I think that the main situation of it's price in the market will sadly drop down and worst is nobody will be spending and exchanging digital currency anymore.

[Senja Kemuning]

Bitcoin will NEVER die

You are wrong, all the living must be dead, including bitcoin, now bitcoin be everyone's dream, but we never know that happened 100 years again, let alone very tight coin competition, if bitcoin is not number # 1 it will not die soon.

[Marlyn1]

Bitcoin would die if every country in the world will ban the cryptocurrency trading.

[Tzuan_bit]

I think that will drop the bitcoin is the number of investors down until no more investors to invest so bitcoin can die and why it can go up drastically because world investors believe in bitcoin and raising the quality of bitcoin so I'm sure more and more investors bitcoin hard to drop