bitjoin
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October 31, 2017, 09:02:12 AM |
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I see it more as becoming redundant if we progress with AI technology as predicted at some point the need to transact in money of any kind would have little meaning to a form of super AI which would be able to organise world resources in superior ways. AI likely would collaborate with other AI almost instantly. Trade happens now because people disagree, money is needed for trade.
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airdagon
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Activity: 546
Merit: 17
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October 31, 2017, 09:23:53 AM |
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I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...?? I do not think bitcoin will disappear and will not be deleted for now. unless there is a lot of chaos and some other. Even if it happens they just need to turn off all internet channels forever. But for me for now there will not be anything like this, if it happens only the government can do it because the government plays an important role in all this.
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andthereyou
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November 01, 2017, 07:56:52 AM |
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I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...?? If all people will not use bitcoin then that's the end of bitcoin. I doubt bitcoin will die. however if it really happen then cryptocurrency will die. All bitcoiners will go back to the way it used to be. No more extra income for me and to everyone etc.
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Manuj
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November 01, 2017, 08:04:52 AM |
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I think I better answer a question that goes like how to become very rich with bitcoin than one with so much pessimism like this. Bitcoin will not be wiped out because people are still trusting bitcoin. It is going to be stronger on the contrary. Perhaps it will reach half a million or even a million US dollars first before it will finally succumb to so much pressure from all sides.
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Makar88
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November 01, 2017, 08:17:03 AM |
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Bitcoin, which undermines the monopoly of states to issue money and prevents them from manipulating the economy in favor of those in power, is increasingly irritating the governments of many countries. That is why sooner or later governments will bring down bitcoin.
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katulus
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November 01, 2017, 08:20:02 AM |
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I think Hashgraph has some potential to shake up the crypto world in the future. But ATM Bitcoin is doing all time high again so maybe nothing to happen in the near future.
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bitjoin
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November 01, 2017, 08:36:37 AM |
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Bitcoin, which undermines the monopoly of states to issue money and prevents them from manipulating the economy in favor of those in power, is increasingly irritating the governments of many countries. That is why sooner or later governments will bring down bitcoin.
They wanted to bring down or control the internet but that never worked out. The gov can cause some damage but the whole gov idealogy is only strong to a point. I dont think they can stop true change over years/decades, they never have.
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kpcian
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November 01, 2017, 09:06:23 AM |
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I don't believe that Bitcoin will be wiped out in the future as a whole. Day by day Bitcoin is getting popular around the world, Though Bitcoin is as an automated system so there is a little chance to be disappeared of Bitcoin. If you have taken an example like China then you can be able to see that Bitcoin has come back strongly in spite of regulating panic of the Chinese government, from this case we can learn that Bitcoin is not a simple thing that can be wiped out completely.
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Nawaytes
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November 01, 2017, 09:16:51 AM |
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I think Bitcoin can only be destroyed in 2 ways:
1. No electricity (due to war or disaster) which means the internet will no longer exist. 2. There are richest people who buy all the bitcoins and never sell them.
The first way will make all cryptocoin (BTC and Altcoin) die because there is no internet network. Whereas the second way just make Bitcoin die, but not with altcoin. CMIIW.
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De Suga09
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November 01, 2017, 09:30:25 AM |
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It is impossible to wipe out bitcoin, why? because it is a decentralized currency, you need to deal with every people who use and mine bitcoin, because the people itself owns the bitcoin, if they're really want to make bitcoin erased then they need to shutdown the whole internet, because bitcoin uses internet to transact.
It is hard to imagine how bitcoin can be eliminated. Maybe if internet suddenly shuts down but it is impossible because internet is life nowadays. Everything can be operated thru the internet so goes with bitcoin.
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donaltrump8
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November 01, 2017, 09:53:54 AM |
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I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...?? i don't think bitcoin and other altcoin will be wiped out And i will never think it will die . Bitcoin and other altcoins will die on the condition that there is no internet
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weredo911
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November 01, 2017, 12:24:30 PM |
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Who can make Bitcoin disappear? The answer is no one. Bitcoin is based on blockchain platform, no one can control. Unless the Earth is destroyed. :v
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I have pretended to be mentally retarded for seven years.
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acmagbanua21
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November 11, 2017, 04:24:43 AM |
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This bitcoin play's a important role in my life without this i would not be able to help my family in terms of financial needs. But i know this bitcoin will never be wiped out, because this cryptocurrency has a big potential and maybe become our major currency, it is because there s an internet.If this bitcoin will be wiped out all bit-coiners will go back to its original life when they didn't even no what is bitcoin.
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Argoo
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November 11, 2017, 05:22:42 AM |
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If bitcoin simply disappears imperceptibly, the altcoyins will be able to exist and develop independently. Already quite a good experience has been accumulated in cryptothermia and the process of developing crypto currency can not be stopped. Yes, I can not imagine the situation under which bitcoin suddenly disappears. Now a lot of his clones are being created, so the main ideas of bitcoin will always live.
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whoisyourking
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November 11, 2017, 05:28:01 AM |
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I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...?? Dont wonder what will happen to us or to all bitcoin user. just think how bitcoin will wiped out there is no way bitcoin will wiped out its already distributed ta all users so the its depends on how the users will use bitcoin. Internet is the only thing that can wiped out bitcoin.
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mhayandal
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November 11, 2017, 06:01:33 AM |
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it is impossible to wipe out the bitcoin, unless the internet will lose and no man will invest and trade their token and coins in the market.
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johnwest
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November 11, 2017, 06:15:31 AM |
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I think it will be too hard for any other altcoin to even replace Bitcoin in 2-3 years, so wiping out completely is out of the question here. We may see some clashes between miners and community but extinction is illogical at this moment.
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Opquar
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November 11, 2017, 06:33:30 AM |
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Maybe before we ask 'how bitcoin will be wiped out' we could ask 'how will the current version of bitcoin be wiped out? (to be replaced be another 2x, cash, gold etc)"?
Simple. By having a fork that is actually supported by the majority of the community. That means core must support it first, which makes the process kind of centralized.
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btcminer6212
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November 11, 2017, 06:38:35 AM |
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I think it will be too hard for any other altcoin to even replace Bitcoin in 2-3 years, so wiping out completely is out of the question here. We may see some clashes between miners and community but extinction is illogical at this moment.
i think if bitcoin will drop in continuous period with passage of time .and also if other digital currency gives more profit this is the reason that .if bitcoin will be wiped out in the future.
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Yakamoto
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November 11, 2017, 06:45:03 AM |
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I really wonder how and what will happen if bitcoin will be wiped out. What will happen to cryptocurrency, bitcoiners, and other altcoins if bitcoin is gone...?? You'd need to have the entire network collapse, either due to everyone leaving the community and shutting down their nodes and mining operations, or due to some extraneous circumstance which forces them to be shut down, such as a large government crackdown and/or censorship for Bitcoin-related content and traffic or a severing of connections due to warfare, terror, etc. which would completely disrupt the network for a long period of time with zero inter connectivity between users. This is essentially impossible to have happen for the time being, and if such things were to happen there would be a lot more issues than just worrying about Bitcoin.
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