Bitcoin Forum
May 04, 2024, 10:51:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 [100] 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 »
  Print  
Author Topic: In what situation would Bitcoin die?  (Read 101750 times)
selectaselectine
Member
**
Offline Offline

Activity: 235
Merit: 16

I-CHAIN - The Revolution of Digital Advertising


View Profile
January 22, 2018, 01:20:57 AM
 #1981

When the users start to think of it as failure, I think that's the time where people will break their trust with refards to bitcoin. Also, I think that if the internet will have its end, then it might probably the end of bitcoin too. The most important thing is the idea of trusting the cryptocurrency to be able to have its demand.

1714863111
Hero Member
*
Offline Offline

Posts: 1714863111

View Profile Personal Message (Offline)

Ignore
1714863111
Reply with quote  #2

1714863111
Report to moderator
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714863111
Hero Member
*
Offline Offline

Posts: 1714863111

View Profile Personal Message (Offline)

Ignore
1714863111
Reply with quote  #2

1714863111
Report to moderator
1714863111
Hero Member
*
Offline Offline

Posts: 1714863111

View Profile Personal Message (Offline)

Ignore
1714863111
Reply with quote  #2

1714863111
Report to moderator
1714863111
Hero Member
*
Offline Offline

Posts: 1714863111

View Profile Personal Message (Offline)

Ignore
1714863111
Reply with quote  #2

1714863111
Report to moderator
Choyor
Full Member
***
Offline Offline

Activity: 672
Merit: 105


View Profile
January 22, 2018, 01:32:23 AM
 #1982

If there is no demand and a lack of interest in Bitcoin, perhaps this situation is feared will aggravate the stability of the situation from Bitcoin, but not to the point of death. and since these two factors are in contrast to the actual situation today, the fact is that Bitcoin is getting more and more popular and the enthusiasm of the world community to adopt Bitcoin is increasing, it seems that Bitcoin will not die.
Daniel355
Newbie
*
Offline Offline

Activity: 76
Merit: 0


View Profile
January 22, 2018, 01:37:57 AM
 #1983

 We are just talking on the possibilities relating to circulation but speaking on technical if theres no internet then bitcoin cant circulate.bitcoin will die if it's value will fall down and people will stop using it and it will cause some instances that will make a certain person poor and not to sustain their everyday need.
carlbreezy
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile
January 22, 2018, 01:40:01 AM
 #1984

When different countries and media start to discourage the use of bitcoin, or when the coin face a huge controversy (hack, tech difficulty, etc). People will start to sell their positions, prices will surge down, then we can say bitcoin is now dead.
kotajikikox
Full Member
***
Offline Offline

Activity: 2380
Merit: 207


★Bitvest.io★ Play Plinko or Invest!


View Profile
January 22, 2018, 01:49:22 AM
 #1985

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

i believe only the intrenet connection can stop operation of bitcoin, yes the legality are important for every country accepting bitcoin as new currency i know bitcoin give help for every country adopt bitcoin for grow up the economy in away giving job for the unemployed people as a source of income.

only one reason i can see why bitcoin banned of some country its because they want to regulate bitcoin to collect taxes from the bitcoin user's communtity
or to handle and control of cryptocuurency because we should know cryptocurrency are very expensive value in the market if the government control bitcoin they collect huge of taxes goes into government intitution.

Geoll29
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
January 22, 2018, 02:05:54 AM
 #1986

Bitcoin may die if ever a new investment scheme will appear that will give people a much higher return. But I think it will take many years before this happens. Bitcoin is still in the front seat and no other new altcoin yet  is close in beating it.

paras20
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
January 22, 2018, 02:09:56 AM
 #1987

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 it could be die of the owner of bitcoin die also
alexsamudra
Full Member
***
Offline Offline

Activity: 212
Merit: 100


View Profile
January 22, 2018, 03:07:26 AM
 #1988

maybe bitcoin will die when all countries decide to ban bitcoin permanently. so nobody uses bitcoin because it is already banned and maybe its use will be captured by the authorities. but it is not possible to die because there are still countries that use bitcoin as their economic growth, so bitcoin is hard to be permanently banned. maybe bitcoin will improve its work system to be eligible for use by all countries in the world.
19faraon88
Member
**
Offline Offline

Activity: 252
Merit: 12


View Profile
January 22, 2018, 03:36:04 AM
 #1989

Bitcoin will die only if the government of all nation stop the existence of it in their country. Or if the government of every countries ban their countrymen to patronize bitcoin, may the and only then the bitcoin will die. But anyway, bitcoin to die is still very impossible, just by looking on how many people who patronize bitcoin,  this kind of question is really impossible to happen.
beaver12
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
January 22, 2018, 06:00:41 AM
 #1990

Bitcoin will die if the people using it, will think that it is worthless. One possibility is when there is another cryptocurrency that has better system than bitcoin and people will shift from bitcoin into this better cryptocurrency.
ronremsey25
Full Member
***
Offline Offline

Activity: 161
Merit: 101


AI SOLUTION TO VOLATILITY IN YOUR CRYPTO SAVINGS


View Profile
January 22, 2018, 03:53:31 PM
Last edit: January 24, 2018, 11:38:40 AM by ronremsey25
 #1991

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.

bman01
Newbie
*
Offline Offline

Activity: 336
Merit: 0


View Profile
January 22, 2018, 04:22:14 PM
 #1992

Probably if the situation began to lose more and more confidence in bitcoin users.
A lot of people will likely or tend to leave bitcoin, this is due to the fact that bitcoin is no longer providing benefits to it users.
Though I do not see this happening, bitcoin has big potential and will always provide a lot of benefits to its users if it's properly used.
kamotharnn
Full Member
***
Offline Offline

Activity: 229
Merit: 100


View Profile
January 22, 2018, 05:00:15 PM
 #1993

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

i believe only the intrenet connection can stop operation of bitcoin, yes the legality are important for every country accepting bitcoin as new currency i know bitcoin give help for every country adopt bitcoin for grow up the economy in away giving job for the unemployed people as a source of income.

only one reason i can see why bitcoin banned of some country its because they want to regulate bitcoin to collect taxes from the bitcoin user's communtity
or to handle and control of cryptocuurency because we should know cryptocurrency are very expensive value in the market if the government control bitcoin they collect huge of taxes goes into government intitution.
When the internet goes down, it will make Bitcoin die. There are some countries still don't legalize Bitcoin and they even admit that the person who invest Bitcoin is a criminal. If Bitcoin is ban in every country, it will be an extinction of Bitcoin. However, it is impossible and it won't happen in the future. There are many government support their citizen to use Bitcoin.

NadiaHel
Full Member
***
Offline Offline

Activity: 336
Merit: 203



View Profile
January 22, 2018, 06:13:38 PM
 #1994

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Who knows, maybe if governments massively start forbidding it... But im not sure, I dont thing cryptocurrencies will ever disappear, on the contrary, I believe they are actually definning the future
dawoodkhan97
Member
**
Offline Offline

Activity: 210
Merit: 10

LibertyLance - Where Freelancing Meets Blockchain


View Profile WWW
January 22, 2018, 06:15:16 PM
 #1995

Countries can place a ban on it but it still would
be used by the people

Bitcoin can only die if the Internet dies with it
It's as simple as that.


/ / _  LibertyLance  |  First Ever Decentralized Gig Based Marketplace
ANN  Whitepaper  One Pager   ▬▬▬  SUBSCRIBE NOW  ▬▬▬   Twitter  Facebook  Telegram
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬   Private Sale Starts on May 29th   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Aizhen05
Full Member
***
Offline Offline

Activity: 205
Merit: 100


View Profile
January 22, 2018, 06:20:16 PM
 #1996

It would die if it gets ban through out the world or a more successful altcoin will replace Bitcoin.
this is may have some possibility to be done for cause we are able to see a lot of things and reason about on this that bitcoin are getting ban country by country so bitcoin can ever be disappear someday if this is may ever does for.
dragoz11
Sr. Member
****
Offline Offline

Activity: 420
Merit: 252



View Profile
January 22, 2018, 06:21:41 PM
 #1997

when all the countries in the world ban it and their value would not worth even a penny than people would drop it cuz it don`t bring profits.
Nold
Full Member
***
Offline Offline

Activity: 462
Merit: 104


quarkchain.io


View Profile
January 22, 2018, 07:41:21 PM
 #1998

A lot of factors that can lead to the destruction of bitcoin:
1. The ban of bitcoin by all countries. Criminal penalties.
2. The emergence of the ideal althena that will replace bitcoin.
3. Ban the Internet.
4. Energy catastrophe and a world catastrophe.
5. world war and the destruction of civilization.
I don't see any other options.
Cryptron
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
January 23, 2018, 07:01:26 AM
 #1999

Bitcoin will only die if all the government or the countries will announce that using Bitcoin is illegal and will ban it for using. But if that not the case, it will be impossible for it to die because of many investors supporting it.
Chakitot
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
January 23, 2018, 07:10:21 AM
 #2000

When internet's gone, but I think that would be next to impossible. Some alto coins might die because they lack sales and marketing strategy or not enough fund and no luck in trading but bitcoin will still remain.....
Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 [100] 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!