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Author Topic: In what situation would Bitcoin die?  (Read 101750 times)
CutieKeisha
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March 13, 2018, 03:18:07 AM
 #2301

It is a technology and definitely won't die unless people won't like to use cryptocurrency.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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EricJones
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March 13, 2018, 11:40:03 AM
 #2302

I have had this conversation with someone not too long ago and we both came to the conclusion that the only way bitcoin will die is if the internet itself dies and no longer exists. Either that or there is some sort of apocalypse and all humans die off
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March 13, 2018, 11:45:50 AM
 #2303

I have had this conversation with someone not too long ago and we both came to the conclusion that the only way bitcoin will die is if the internet itself dies and no longer exists. Either that or there is some sort of apocalypse and all humans die off

Well internet are part of our life now. So it's never die because this is a part of every one's life, so bitcoin also never die unless investors gone, I think that's the only way if all people sell their bitcoin and no one invest on it. But I guess that's impossible to happen.
rowel21
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March 13, 2018, 11:49:25 AM
 #2304

If ever this  new technology we called internet is vanished
If evry  country around the world has banned the cryptosystem
If the very individual forget this cryptosystem
If the demand of this sytem is,0.


Which is negative to happened

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March 13, 2018, 11:53:37 AM
 #2305

Bitcoin won't die. Never. Unless the internet shuts down, Bitcoin will exist. But still, when the internet goes back online, people will still have their private keys and they'll be able to access the Bitcoin network.

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marites
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March 13, 2018, 11:54:13 AM
 #2306

I think when all the countries  are amending or creating a law about the totally banning of bitcoin or forcing their citizen to stop using of bitcoin..
AfterTheFork
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March 13, 2018, 11:56:56 AM
 #2307

Its hard to see circumstances under which BTC will die, i think it will not die anytime soon, but its influence and market cap can reduce if people lose faith in it, and more governments ban its usage. note that this will only reduce its influence not totally kill it.

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tushin4
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March 13, 2018, 12:02:10 PM
 #2308

It is a hard to say that in which situation Bitcoin will die.according to my opinion of Bitcoin investment I think Bitcoin will never die.but if there are no investors in Bitcoins then slowly slowly Bitcoin will die oneday.
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March 13, 2018, 12:02:39 PM
 #2309

Without investor and internet and trading and mining bitcoin will die
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March 13, 2018, 12:06:53 PM
 #2310

When the system is broken and many error transaction made. people will leave it and that's the day of the end of bitcoin
Hans Fransis
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March 14, 2018, 08:01:52 AM
 #2311

there are many situation that bitcoin would die for example : if no is using it, if there are no more internet ( but it seems not impossible) , and what if bitcoin was banned or consider it illegal. Of course we bitcoin users will not let it happen because bitcoin is a big help to us.
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March 14, 2018, 08:05:39 AM
 #2312

Only if happened apocalypse and we come back to middle ages

Troysen
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March 14, 2018, 08:23:39 AM
 #2313

 I dont think Bitcoin will die, but its value can be reduced on circumstance that more governments ban it, more regulations are imposed on it and the trust the masses have on it reduces, it will however not be faced out completely even in these circumstances.
Snowys
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March 16, 2018, 10:25:03 AM
 #2314

lolz... Bitcoin wont die. maybe its price goes down, but this is just a correction of the market. Bitcoin can be used for payment, for store asset. Why do you think that it can be killed?
There are only two conditions which can make bitcoin die first one is if internet stop work because bitcoin is a digital currency and it work only on internet and secondly bitcoin price if bitcoin price drop down and its stop growth so then bitcoin can also die because it’s the only bitcoin price which take bitcoin to the high so I think we all must support bitcoin because it better than any other source to earn and I will support.
Ibrahimmy6969
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March 16, 2018, 12:34:56 PM
 #2315

This question probably relates to the sustainability of the bitcoin that survives in the currency market today. There is a lot of information to anticipate the future of bitcoin. It can exist for a long time and become a new are of currency, but it can also disappear in one day.
Farhan786
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March 17, 2018, 06:16:48 PM
 #2316

Bitcoin can be the only reason for death, and that is the government. I think it's because the general people used Bitcoin to make the worst use of bad people. The common people who come here, they have a lot of harm. However, those who are aware of its use can enjoy a lot of benefits through Bitcoin.
moetimas
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March 17, 2018, 06:30:59 PM
 #2317

in my opinion, the length of time the transaction and the expensive fee will make people leave bitcoin. the government also plays an important role in this, as more and more countries are banning the circulation of bitcoin, so this will make it difficult for the development of bitcoin in the future.
gvnsrbtc
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March 17, 2018, 06:44:16 PM
 #2318

Bitcoin is a digital currency eventually will die without its value, without value, just mean it has no users and demand, which means it is dead. I think it will be not having a value anymore because the people will be having a problem with it, the transactions, the blockchain. But I think bitcoin will not die because there are so many people who trusts this digital currency.
mdrakibul
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March 17, 2018, 07:01:09 PM
 #2319

Bitcoin will die in a situation where there is a substantial loss of belief the dollar,curo or any otherfiat currency will die when there are isa sudstantial loss of delief.
alenahype
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March 17, 2018, 07:06:32 PM
 #2320

I think that if bitcoin dies only because of the fact that the last bitcoin will be extracted and we will stop buying bitcoin
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