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Author Topic: What if all coins disappear??  (Read 5551 times)
ActiveP
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August 26, 2017, 11:46:23 AM
 #141

How is this even possible? The only scenario I can imagine is if there is a nuclear holocaust or something makes the internet stop. Hypothetical though, it will cause panic among folks that have all their funds in crypto. If that should happen, crypto investments and holdings will be the least of our worries.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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lawlawlaw
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August 26, 2017, 12:15:14 PM
 #142

it would mean, no internet no electricity. we'll go back in stone ages. seriously
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August 26, 2017, 12:24:36 PM
 #143

Well you know all those government types are always talking about an "internet kill switch"! lol

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Palodar
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August 26, 2017, 12:29:38 PM
 #144

How is this even possible? The only scenario I can imagine is if there is a nuclear holocaust or something makes the internet stop. Hypothetical though, it will cause panic among folks that have all their funds in crypto. If that should happen, crypto investments and holdings will be the least of our worries.
If ever happens, it will affect the businesses the most , companies might stop operating. Though this thing might never happen since internet is really the trend and the world might get hysterical if such things happen.

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August 26, 2017, 12:32:40 PM
 #145

it seems like if coins lost will be stout once that feel the loss. it is also not likely to be lost, the coins may just be very little.
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August 30, 2017, 07:51:25 AM
 #146

What you will do if that thing will happen someday??

Well, not all but mostly all would. Except the ones with good use cases backed by a proven business model. You can't run a business without a business model. Can you? And besides, raising millions from ICOs isn't a business model as most ICO startups think.
crypt0hunt3r
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August 30, 2017, 08:21:01 AM
 #147

Then everything will start from 0 again :p
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August 30, 2017, 08:43:47 AM
 #148

the coin disappeared for what cause?
whether to stop production or to be stockpiled by someone on a large scale.
it looks like a koi disappears very unlikely, it's just that coins to be very hard to find are realistic. many new coins are popping up in the moment
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August 30, 2017, 09:05:55 AM
 #149

How would that happen ? If all coins "disappeared", i think crypto would be the least of our worries.
Thanks for the laugh though

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August 30, 2017, 01:22:34 PM
 #150

What you will do if that thing will happen someday??

I can't imagine. There could be chaos. Bitcoin itself is making a noise so what more if all coins disappear. Everything will be manual again back to paper bills. People need to work harder again.
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August 30, 2017, 01:38:39 PM
 #151

I despair...haha
if all coins disappear where all money that is invested in coins does go?
to begin with, where coins market money come from? Gold? Stock market?

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August 30, 2017, 01:45:44 PM
 #152

If all the coins would disappear, it would feel like the end of the world for us. How can we convert it to our own money if all coins would be gone? Good for those who always convert their coins or took profit or the capital already because they wouldn't worry as much as those who hold their coins and kept it for so long.
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August 30, 2017, 02:06:24 PM
 #153

When that happen in which I hope never does a big part of me will also disappear. Like I'm used to doing bitcoin in my everyday life and it helps me also a lot of people to earn income to be able to pay bills. It is like we need to start all over again in order to gain back what we have lost.
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August 30, 2017, 02:17:44 PM
 #154

It is very likely that this market will disappear but it will take a long time to confirm this because the Cryptocurrency market is a modern industrial revolution and in the future people will use it to apply it in their lives daily
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August 30, 2017, 02:36:13 PM
 #155

it's not possible. because if it will happen, i will be disappear.coins gives me a lot of profit.bitcoin helps to change my life style.

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August 30, 2017, 04:13:44 PM
 #156

when all coins disappear, i think people will come back to their jobs before by offline or doing another thing to continue makes money. but people which buying the coins will have a big lose as they are buying coins and when the coins disappear then the coins is useless. the economic will be in chaos because we know many people is join into crypto currency world and it will triggered people doing something wrong. but one thing that can make coins disappear which is internet is shut down and no country using internet because the coins need internet to syncronize with others.
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August 30, 2017, 04:56:21 PM
 #157

Coins can disappear if the internet will disappear. It can be possible after some global catastrophe. But after that, you will be thinking about surviving, not about coins.
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August 30, 2017, 08:46:57 PM
 #158

Coins can disappear if the internet will disappear. It can be possible after some global catastrophe. But after that, you will be thinking about surviving, not about coins.

its just like in the movie that everybody starts on the same process that they used to. like going to office or sell something.

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August 30, 2017, 08:55:55 PM
 #159

I will be in a depression for a year or more, because I have quite my job and I'm focus on coins

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August 30, 2017, 08:58:01 PM
 #160

I think that would mean the end of the Internet and possibly electricity. We could always hightail it off to one of the anarchist communes that seem to be sprouting up all over the place.

Can't snort crack through a rolled up bitcoin Wink
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