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Author Topic: In what situation would Bitcoin die?  (Read 101751 times)
JoshMart
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March 26, 2018, 12:13:15 PM
 #2361

Hypothetically, I have two reasons in mind if ever Bitcoin is going to die, first is the world wide ban against it, as in the governments will unite to ensure that it will not be use at all, which very unlikely to happen since Bitcoin has such good things to give. The second one is that no demand, as in no one has interest on it anymore, which is also unlikely to happen since the Bitcoin community is rapidly growing.

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ooeygooeygold
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March 26, 2018, 09:37:21 PM
 #2362

I don’t think it’s gonna die in the coming years. But who knows? We all know that many country try to manipulate it or banning btc by telling crypto (or btc) isnt’t legal to their citizen. It gives fear to some people. It’s not an easy shot .. but maybe.
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March 26, 2018, 09:40:08 PM
 #2363

Most likely, this will be due to a technical malfunction. Either a mistake in the bitcoin itself or something with the Internet.
WakinXXX
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March 26, 2018, 09:59:31 PM
 #2364

remember some proverb for this situation "while thick grow thin, thin will die" Crypto coin community is big , so not want crypto coin die, if bitcoin die another crypto already die before
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March 26, 2018, 11:21:25 PM
 #2365

Bitcoin dies if the users are totally out in the market. Bitcoin is the world's first distributed virtual currency, We don't know how can it happen but I'm sure that without internet Bitcoin is useless. I hope bitcoin will not die because there are so many people who trusts this digital currency.
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March 26, 2018, 11:29:29 PM
 #2366

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

The only way for bitcoins today is if no one will get interested on investing in it because there are people who hate cryptocurrency like the government and if they remove the legality in their country then it can really reduce the number of investors.

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March 27, 2018, 02:20:06 AM
 #2367

Bitcoin will die on a situation when peoples doesn't want to buy bitcoin anymore.
but i think it is very low possible to occur because there are many peoples still buy and own bitcoins.
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March 27, 2018, 02:24:43 AM
 #2368

If every people are denying Bitcoin including hodlers, miners and users. Bitcoin will be absolutely dead because that means noone use Bitcoin at all and Bitcoin already was abandoned.
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March 27, 2018, 02:53:58 AM
 #2369

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 the people or investors,traders around the world are lost their hope and trust on bitcoin,even the countries legalized bitcoin but without hope and trust people are not mind with it. that will the time bitcoin slowly drop and dies.   

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March 30, 2018, 10:13:20 AM
 #2370

There are lots of things that could able to make bitcoin die. 1st. No one will use any cryptocurrency 2nd. There would be a new crypto that would replace bitcoin 3rd. No internet 4th. All government would ban it globally. and there are lots to mention but still we know that bitcoin wont die easily.

 Good ideas, I think one of this can happen but not in the immediate future.  And of course I hope that won't happen.
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March 30, 2018, 12:57:26 PM
 #2371

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 the bitcoin will die if there's no people are involved. If there are no people here no one will invest and will trade and other things that can do here in bitcoin. In that case the bitcoin price will turn down into zero and there's no profit that can get. If it will happen to bitcoin will be useless and it will turn to die.

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HatakeKakashi
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March 30, 2018, 01:06:05 PM
 #2372

The price of the bitcoin continue to decrease but it doesn't mean the price will become zero or bitcoin will die maybe after few years it will happen and if that really happen maybe they have new coin will become the next bitcoin but it's not instantly the price will increase to those coin because for sure it will takes few months before the coin to increase very high and we know the next bitcoin.

 
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lamcouz
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March 30, 2018, 01:12:26 PM
 #2373

Nothing last forever, Bitcoin will end but not so soon. The stability of Bitcoin's price is questionable as of this moment. However it tries it's best to provide positive outcome to the investors. Hopefully Bitcoin will last longer in order to help more people like me who only rely to it.
Ruffian14
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March 30, 2018, 01:19:46 PM
 #2374

One thing for sure that can bitcoin die is when the investors or all people who have bitcoins sell their on hand because it will make the price drop to the amount where it began and the one who bought it hold forever and not sell it but that is only if the buyer is really rich and don't mind losing money. Another thing is when goverment force to shutdown the whole cryptocurrency and thats where it will be dead.

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March 30, 2018, 01:29:03 PM
 #2375

No need to worry. Bitcoin is never die, the big community of bitcoin is too much and some countries is already accepted of btc for the payment
Don't worry and keep patience. bitcoin prices will be recover a few month later.

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Janademir4
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March 30, 2018, 01:35:19 PM
 #2376

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
the thing that might make the end of bitcoin and other altcoins is a matter of impairment. because the legality until now only affect the price as well as with technology

Wish 107.5
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March 30, 2018, 01:35:52 PM
 #2377

Bitcoin will die on a situation when peoples doesn't want to buy bitcoin anymore.
but i think it is very low possible to occur because there are many peoples still buy and own bitcoins.
Yes, if people will lose interest in bitcoin, the demand will be low; this may cause a big struggle. Also, if the internet will be gone, Bitcoin will surely die, since bitcoin is dependent on the internet.
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March 30, 2018, 01:37:53 PM
 #2378

I guess its when the creator/founder will kill it's creation that the time bitcoin would permanently be broken down. We see, bitcoin has  been successful since day one and it has never failed its affiliates and investors. And I guess, there is now other way of killing bitcoin. Lets be positive guys, if you want to earn don't kill bitcoin by listening to this fake news.

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March 30, 2018, 01:44:11 PM
 #2379

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

Bitcoins can dies in following situation:

1) A country like USA banning all bitcoin transactions.

2) We some new coin launched by some government with better features.

3) People find some loopholes in creating bitcoins like creating extra coins without mining.
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March 30, 2018, 01:48:25 PM
 #2380

Bitcoin can die when nobody don't trust and invest bitcoin again.
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