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Author Topic: In what situation would Bitcoin die?  (Read 101739 times)
Black Angel
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February 22, 2018, 12:31:29 PM
 #2101

We all know that the biggest influence of bitcoin development is exchanges, it makes the exchanges as life in bitcoin so that if there is no exchanges then bitcoin immediately die, because people can not trade as it is now.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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jayveerastrullo
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February 22, 2018, 12:33:39 PM
 #2102

there's only one situation where all users will not invest and lose faith about bitcoin. But this will not happen because we have great mind.

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February 22, 2018, 12:37:02 PM
 #2103

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 own point of view, bitcoin will die if internet will die too. The only access to earn bitcoin is through internet. So without it we cannot earn bitcoin. But, it is far to happen because we are now in modern era and internet is one of the most used nowadays.

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February 22, 2018, 12:44:29 PM
 #2104

I figure Bitcoin will dead if each nation chooses to boycott Bitcoin for all time. At that point, there will be no more individuals utilizing Bitcoin on the grounds that they may be captured in this condition. What's more, bitcoin can likewise be dead if there are another cryptographic money which is more beneficial, more progress and can settle the vast majority of the bug of bitcoin. Later on, there will be more cryptos qualifying these facors.
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February 22, 2018, 12:52:03 PM
 #2105

It may die when the government ban all of crypto currencies because i think government has a true power to destroy it. Bitcoin can actually die if no one supporting it.
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February 22, 2018, 12:59:42 PM
 #2106

The bitcoin/Cryptocurrency leverages on the blockchain technology and also the internet. Well, if the internet and electricity stops then Cryptocurrency itself can be no more.

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February 22, 2018, 01:11:46 PM
 #2107

There are many reasons to cause Bitcoins death like lack of bitcoins demand but for me, bitcoin will definitely die if the world wide web will perish.

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February 22, 2018, 01:11:59 PM
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 #2108

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

Legality issues aren't so worrying for there are many illegal things that are still running in our society. Invention of a new devastating device that can shutdown the system of Bitcoin is more possible to end it. Since it is running trough a certain technology, there is a possibility to wipe it out also by the use of a technology.

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February 22, 2018, 01:13:52 PM
 #2109

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.
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February 22, 2018, 01:18:19 PM
 #2110

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin will die if the entire World has banned Bitcoin in any case. And the most deadly again if in this World there is no longer the Internet network.
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February 22, 2018, 01:23:41 PM
 #2111

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin will die if the new technology supersede it, the new one will get the place of it more practical solution. But this should be done in long term. As we see rapidly ether and other alt coins increase their market cap and share. When we see something world changer arise it will kill bitcoin, not easy but possible.
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February 22, 2018, 01:44:43 PM
 #2112

Bitcoin die if all internet connection is also going to die ofcourse. And bitcoin die if all or if the whole world ban it. But if internet connectio exist and all countries accept and recognized bitcoin, bitcoin is more strong and more wider and last forever.

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February 22, 2018, 02:01:45 PM
 #2113

Well, we know that bitcoin dying is not caused by forum posts announcing that it is dead, because we get those on a daily basis. Cheesy

In my opinion, bitcoin would die if there is no more internet at all, because bitcoin is powered by internet. So,no internet means no bitcoin forum, no trading and investing online, no more online transaction involving cryptos. For sure, it is the end of bitcoin, end of many dreams.

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February 22, 2018, 02:06:46 PM
 #2114

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 would take more than a simple technology and a value decrease to kill bitcoin. It has already made innovations already suitable for it to survive from the worst. The only way possible I think is when bitcoin is already surpassed by another cryptocurrency or something that would definetely dethrone its position. Let us hope it would not happen soon and keep on believing.
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February 22, 2018, 02:07:38 PM
 #2115

Global Banning of Bitcoin
No more internet
Human Extinction.
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February 22, 2018, 02:13:45 PM
 #2116

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
while bitcoin still has a high exchange rate, then bitcoin will not die, and other enemies if such a hacker has entered on this bitcoin that makes bitcoin unsafe again. right then when all investors are no longer interested in cryptocurrency.

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February 22, 2018, 02:26:09 PM
 #2117

it's hard to think that bitcoin will die , maybe it will die when there is no demand to use crypto(bitcoin) which is impossible, because crypto is  approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market so that's why it's hard to think that bitcoin/crypto die.
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February 22, 2018, 02:35:55 PM
 #2118

it's hard to think that bitcoin will die , maybe it will die when there is no demand to use crypto(bitcoin) which is impossible, because crypto is  approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market so that's why it's hard to think that bitcoin/crypto die.


All of us wants that Bitcoin will succeed but if that would happen we never know. Bitcoin would die if people would stop investing and supporting it. The value of it will drop and reach zero value. Hoping that it wouldn't happen.
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February 22, 2018, 02:45:40 PM
 #2119

Maybe in the case of losing the bitcoin die because it does not have to pay for its bitcoin players. and at very low prices I think there's a bitcoin losing it and it's gone. the players will soon lose their players and will lose them all over the world. but it does not matter happen because the owner of bitcoin is so rich.
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February 22, 2018, 02:57:05 PM
 #2120

Some assumed that Bitcoin will last til 2040 or longer, well as one of the supporters of Bitcoin, I am hopeful too. But we really can't predict what will happen in the future. There will always be changes that's going to happen. The end of Bitcoin's throne might happen when many coins are competent to surpass it's price. Who knows? It's just almost a decade old coin. But of course, let's just hope

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