Bitcoin Forum
May 26, 2024, 09:48:06 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 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 101751 times)
Titanos
Full Member
***
Offline Offline

Activity: 208
Merit: 100



View Profile
March 30, 2018, 01:48:57 PM
 #2381

Bitcoin will dies only if no one want to buy it anymore (demand=0). This can't be realized in near future because new people still coming and the technology itself still developing.
handini
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
March 30, 2018, 01:53:51 PM
 #2382

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
the bitcoin may disappear if, bitcoin situation as far as I know goes down and on. sometimes because that's what makes bitcoin no longer in demand by many people.
StayFly
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
March 30, 2018, 03:37:00 PM
 #2383

I think the bitcoin would only die in a situation when there is zero internet. I mean the complete internet shutdown which is not possible because many companies and infrastructures such as power grid, water supply, and road monitoring systems - all depend on the internet to work and communicate with one another.
george888055
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250



View Profile
March 30, 2018, 03:44:38 PM
 #2384

Bitcoin would die if trading would stop. The end of bitcoin trading meant the end of mining it would mean that all of the transactions in bitcoin had been in the forex markets: it had never used in legitimate monetary transactions.
Satish147
Full Member
***
Offline Offline

Activity: 420
Merit: 100


Harmony for One and All


View Profile WWW
March 30, 2018, 03:52:07 PM
 #2385

I don't know but what I can say when Bitcoin is replaced by another promising and upcoming popular cryptocurrency and that may be like inter blockchain currencies like Aion, ICX, WAN. Or platform currencies like Ethereum, EOS, Cardano.

Magic Sarap
Member
**
Offline Offline

Activity: 350
Merit: 14


View Profile
March 30, 2018, 03:53:53 PM
 #2386

i think btc never die. LOL LOL  Cheesy Cheesy Cheesy Cheesy Cheesy
On the contrary to your answer, there is a possibility that the bitcoin can die. First one is banning an access to the internet. Second, every country will ban the bitcoin. And lastly is if bitcoin reaches zero demand.

  ▬[  dClinic.io  ]▬  
▌ A Comprehensive Healthcare Ecosystem Powered by Blockchain  ▌
▬▬  PRE SALE ENDS 15th OCTOBER▬▬ | Twitter  | Telegram  | ANN  | Medium  | LinkedIn  | Facebook| ▬▬
Zagitta
Full Member
***
Offline Offline

Activity: 302
Merit: 100


Presale is live!


View Profile
March 30, 2018, 03:56:48 PM
 #2387

As long as the current community stays with bitcoin it isn't dieing. The only thing that can lead to the death of Bitcoin is if the blockchain gets hacked and some severe unfixable bug is discovered. The community is enough to keep the coin alive forever.

cordlesslake
Sr. Member
****
Offline Offline

Activity: 472
Merit: 250


View Profile
March 30, 2018, 04:07:28 PM
 #2388

Bitcoin could only die for two reasons: complete loss of user confidence or a worldwide prohibition of authorities.
btcbabhh
Full Member
***
Offline Offline

Activity: 307
Merit: 100



View Profile
March 30, 2018, 04:17:17 PM
 #2389

I myself do not know if the bitcoin will die or not. I can not think about the cause of bitcoin death. But as long as bitcoin is still there and used, bitcoin will not die. I will continue to use it until my saturation point. If I have to wait for a dead bitcoin I think it will be very long and hard too. Bitcoin itself is a technology and it will continue to grow.
YoungMaster
Full Member
***
Offline Offline

Activity: 462
Merit: 100


MYCRYPTOBANK.IO


View Profile
March 30, 2018, 06:36:15 PM
 #2390

It depends on the demand by its users, as long as there is an interest  then the demand of bitcoin in the market still exists so that won't make bitcoin die.
Seeing the bitcoin's growth from year to year makes the demand even more higher, and it would be difficult for bitcoin to disappear.

MyCryptoBank  ――  Legal and Reliable Crypto Bank
Whitepaper  ――  CRYPTOBANK FOR CRYPTOCOMMUNITY  ――  Announce
―― Medium ―― YouTube ―― LinkedIn ―― Telegram ―― Facebook ―― Twitter ――
Virtuxq
Newbie
*
Offline Offline

Activity: 224
Merit: 0


View Profile
March 30, 2018, 06:56:38 PM
 #2391

I think bitcoin will leave us when it is no longer in demand. and people will stop investing in it
WakinXXX
Member
**
Offline Offline

Activity: 126
Merit: 10


View Profile
March 30, 2018, 07:06:20 PM
 #2392

Think Bitcoin will die when it isn't any more the Internet therefore users can use bitcoin not to the market and purses any more and also to other users
phpartisanmaster
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
March 30, 2018, 07:08:03 PM
 #2393

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

Bitcoins will only die if consumers will lost interest on investing in cryptocurrency because the price of every coin in the market is always depending on the amount and supply of every coin so do not lose hope if your coins value is decreasing because it will still go back to normal.
MCVXYZ
Member
**
Offline Offline

Activity: 630
Merit: 24


View Profile
March 30, 2018, 07:30:20 PM
 #2394

I usually don't post in threads like this but I've seen a lot of answers: ''it will die if hackers get 51 % of it'' I think this is just a rumour,In view of the widespread and quite fundamental disagreement I think,From a theoritical point of view its impossible for me,Why? Because there exists fork.If they were get 51 % there would be a new fork,but there would be also problems for latest transactions,I know its so funny but logically that's true.Anyway I don't understand why people are interested in it and why the majority writes  wrong position...
Jimile
Newbie
*
Offline Offline

Activity: 52
Merit: 0


View Profile
March 30, 2018, 07:39:21 PM
 #2395

I think bitcoin will die when it becomes unnecessary and unclaimed
Akupuniard
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile WWW
March 30, 2018, 07:46:41 PM
 #2396

When bitcoin will lose trust of people and they will stop buying. I am almost sure it will not happen but if something like this gonna happen it will.

sunniechance3
Full Member
***
Offline Offline

Activity: 242
Merit: 100


View Profile
March 30, 2018, 07:55:01 PM
 #2397

End of Bitcoin is not near because for that first we need people to adopt it on large scale, so that it utilize to its potential and then move to better coin which will eventually kill Bitcoin. Other than that it may also die in the current scenario when everyone is selling out their bitcoin making it value low every hour.
muhammedb
Full Member
***
Offline Offline

Activity: 378
Merit: 108



View Profile
March 30, 2018, 08:53:31 PM
 #2398

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin can only die when people ignored and refused to invest in it, which can only occur when they fine interest in other coins believe many people has begin to lose interest in bitcoin already.
weblaraveluser
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
March 30, 2018, 08:57:07 PM
 #2399

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

The price of bitcoins is depending on the amount of supply and demand so bitcoins will only die if people will not invest on it and it will really decrease the price of bitcoins in the market and that's how all the cryptocurrency will die as well.
Urbanized
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
March 30, 2018, 09:04:34 PM
 #2400

How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin can only die when people ignored and refused to invest in it, which can only occur when they fine interest in other coins believe many people has begin to lose interest in bitcoin already.

You're talking about a bunch of individual people, but the majority of people and especially companies -begin to- show interest in Bitcoin. Right now there has never been so much attention for it - don't confuse it with the bubble. When Bitcoin goes down in red numbers, the rest also follows. That means Bitcoin is still the king.

Pages: « 1 ... 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!