Possible reasons that Bitcoin will be gone

[lunaalthea]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

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[crypto_Butterfly]

Its not gonna happen in reality.

[Vannie12]

No internet
Banned in all country and
no users.

Which is impossible to happen.
No government will turn off internet.
Banned if bitcoin's name is always involve in crime. Government may fight against it.
No users when people are afraid of the government. But in contrast, even if things get banned, many are still using it.

[dillpicklechips]

No internet
Banned in all country and
no users.

Which is impossible to happen.
No government will turn off internet.
Banned if bitcoin's name is always involve in crime. Government may fight against it.
No users when people are afraid of the government. But in contrast, even if things get banned, many are still using it.

So, in other words, no demand in Bitcoin equates to its death. Simple as that.

If I remember correctly, I read somehwhere about a post of a user saying in his country, Bitcoin is banned but he still is using it and actually a lot are still. As you can see, if the government has no proper enforcement to make the law delievered properly then it is like any other written words in a paper. If we say a country like US will ban Bitoin then that's another story.

[Feuerbach]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

If it is banned, this does not mean that it will not be possible to work with a cryptocurrency. I do not think that something will happen to Bitcoin from what you named

[AngelJoshua]

Hahhaha i dont think if this will really going to happen especially right now , but if just for fun i think if bitcoin will going to ban by all the county in the world  also if all holders will going to drop there coin for fun hehehhe , but if theres really a possibilities that it will going to happen the main reason for it will be all the people in crypto world especially those whales they manipulating it so they can make it gone if they will going to full force dump the bitcoin

[cryptonoob312]

Growth in price makes it less popular between newbies, so less people will be using it. It's not gonna be currency, just an asset. Absence of interest will lead to fall in price, I think.

[iamTom123]

Its not gonna happen in reality.

Anything is possible in this world though there are things that got lesser chance of happening and it includes the total death of Bitcoin. The whole world (meaning all the countries and their respective governments) can all unite to ban and jail all the people involved with Bitcoin -- this is the only scenario when I think we can say that Bitcoin can be dead. The good thing is that it is nearly impossible for the whole world to have just one stand on any particular issue. Countries are sovereign and will decide according to their own vested interest and the principles entrenched in a country's morals and culture. As long as there remains the demand for Bitcoin am sure it can never be dead. All other intervening factors can only be serving to strengthen Bitcoin for the long run as what happened after China decided to let go of Bitcoin last September.

[Catmony]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

Gone - If all bitcoin node operators and miners from all over the world will stop supporting bitcoin network (which is quite unlikely)

Banned - Many countries have already banned the bitcoin to local fiat trade or vice versa but no any government can stop people from making bitcoin transactions.

Lose value - Yes it can it depends on lots of factors and hard to list them here but it will not be zero $ for sure.

[949miner]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

I will post the scenarios in where bitcoin can disappear or just crash;

*No internet at all (no conexions, no one can access their wallets) It is never going to happen, 0 possibilities.
*MASSIVE government/banks/instituions FUD about bitcoin, 4/10 possibilities (it could crash)
*No demand, only if people decides to stop buying bitcoins, then it might happen, but i dont think that it will seriously happen, because we all know that the price is going up like crazy, and people still want to buy it.

Nothing more, i dont think that there are more reasons of why it could crash, but honestly, i dont think that it will happen.

[kalidos]

a nuclear war that result in no electricity , no electricity egal no bitcoin

[loaddebitcard]

As someone said here it can be banned in many countries and also no users. The last reason is pretty real due to growth in price that doesn't let new people enter in cryptoworld.

[cryptocrusher]

There are a few that I can think of. Some worldwide electricity/internet failure, a mass attack on bitcoin by governments and corporations in the form of bans etc, some mass failure in bitcoin such as many transactions and funds going missing or a big hack, a major failure in bitcoin exchanges leading again to many funds disappearing. I'm sure there are also more but these are some that I can think of. I must add that I don't think anything can kill bitcoin completely, it will still be traded in some capacity, by 'gone' I mean something like a 90% fall in price.

[Kprawn]

A much better Alt coin might be more desirable and people will stop using Bitcoin for some reason. This is what Roger Ver and his

minions are aiming to do with these forked coins. Bitcoin can cannibalize any new technology if it is needed and if people want to

push for that, so this might just be a temporary problem. 

If someone find some exploit, and people lose tons of coins... then that would also be the end of Bitcoin. 

[egis_riyadi]

I think the possibility of missing bitcoin is definitely due to hecker, there must be very many people out there who have great ability and try to steal the bitcoin from everyone.

[pawanjain]

Bitcoin has been rising all these years just because of more demand and less supply. So if the demand goes down then the supply will increase by the people selling Bitcoin. In that case the price of BTC will keep on depreciating if there is no buyers left. Bitcoin can also crash if there are many unconfirmed transactions filled in the memory pool. When transactions will be delayed people will try to sell off their BTC. Increase in transaction fee might cause trouble to small investors and might become a major issue later on too. These issues are just assumptions and I don't want it to happen either. I <3 BTC  

[cue]

Possible reasons would be -
1) the bubbles
2) the other coins will rise up and will be more valued than bitcoin
3) if all the government of each country will ban the bitcoin

But still, Bitcoin will stay longer that what other people thought about bubbles. We will wait and see in the coming years. =)

[xhoondilan]

If there is something better than bitcoin, or maybe the value of bitcoin well go super low. That would cause bitcoin to perish but it has low possibility that bitcoin will be gone. Because for now its always rising everyday.

[ReLieD]

Some famous banker or someone having power in the economic world comes outta nowhere and talks shit about Bitcoin and if people believe him then the prices of Bitcoin will fall down. As it had happened in the case of Jamie . He talked shit about Bitcoin and the prices dropped drastically . Traders stopped using Bitcoins . But later it was revealed that he had faked that news to drop the prices of Bitcoin so that he could buy alot of them and then enjoy the profit.

[Bamel]

When I can go to the fancy restaurant or The Bay or the corner store and pay with bitcoin, I'll trust the platform. Until then, my money is in garbage. We will always need to process our waste. And my house...maybe my kids'. Real estate never loses, not in the long run.

[Gaaara]

Another coin who can take place of bitcoin, that can only happens when the gap is way further than bitcoin since small gap between bitcoin and another coin won't  do a thing because of the trust to bitcoin that became its innermost of its fundamental. Other reason is somehow impossible, like being banned there is no way bitcoin can be banned at all of the country since it is a good invention that can change ways of market.

[Pantoflascrypt017]

If the barber starts taking payments in Bitcoin then GTFO quick or you will loose bigly!

[Sweeet123]

There may be quite a few reason for bitcoins to go away, like in future government may intervene, impose tax on it,make it difficult for the holders to get good value, also if people suddenly lose interest in bitcoins leading to reduced demands causing them to disappear ,and lot of countries might ban bitcoin in the future due to its association with illegal and criminal activity

[Fizpok]

When energy consumption increases and mankind will refuse to build Mann's sphere around the Sun...

[sandpiper]

Gone: if BTC community does not solve the three majeure technical issues: speed, scaling limitations and transactions fee. Eventually, those who’d like to use bitcoin for its original intended purpose—payments—could become frustrated and leave the network in favor of other cryptocurrencies.

[Rana590]

There is no possibility to be gone. It is very promising. It has good price and a lot of user. Demand is also good. So it is not possible to be gone.

[Pasaway2701]

There may be quite a few reason for bitcoins to go away, like in future government may intervene, impose tax on it,make it difficult for the holders to get good value, also if people suddenly lose interest in bitcoins leading to reduced demands causing them to disappear ,and lot of countries might ban bitcoin in the future due to its association with illegal and criminal activity

That could be really the possible reason for bitcoin to gone when the government interfere and ban it in the country because for its illegal use. It will also gone if the internet is not good to use or gone either because every transaction is using it which is impossible for today.  It will be gone if anybody interfere and really want it to destroy or make another which is better than bitcoin.

[bitorama]

too many hardforks may destroy bitcoin

[anjaydut]

I think only one possible cause of bitcoin can be lost, banned or lost value
is government policy in every country, if government in every country prohibit any sale transaction by bitcoin of course it will bring bad impact on bitcoin, bitcoin will be in and forget
it's like a nightmare, I do not expect it to happen, hopefully bitcoin can be received around the world

[Bardman]

When people realize the price is just artificial and bitcoin itself doesn't have much use as a currency it will die. Many other coins are just better than bitcoin and do their job. Bitcoin was intended as a currency and it's not being used as such. Treating like an asset will only last so long. Fees are also getting a bit too much, specially withdrawals from exchanges/websites.

[Kolly]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

Maybe its possible that bitcoin will be gone if there is a crazy man man buy all the bitcoins and keep them or bitcoin will be out of value if the supply is great demand is low.

[glaciercapital]

When people realize the price is just artificial and bitcoin itself doesn't have much use as a currency it will die. Many other coins are just better than bitcoin and do their job. Bitcoin was intended as a currency and it's not being used as such. Treating like an asset will only last so long. Fees are also getting a bit too much, specially withdrawals from exchanges/websites.

Yes for the currency use case, but as a digital gold. Gold has always had high fees, low portability and really an artificial value purely used as protection.
If you are going to use a store of value currency bitcoin seems like the obvious solution. I think heavy regulations will come in, but organisations will figure out a way to package it and sell it.

[zinok474]

I don't really think that has any chance to happen that..

This might happen only if something happens in earth and we have no internet anymore (nonsense) or if all people that support bitcoin suddenly stop supporting it, all the miners stop mining it (nonsense)
Even if governments ban bitcoin , they can stop u for using it, even if somehow they do that , always will be a country that will allow it
Long live Bitcoin  

[abamatinde77]

its not gonna happen..but on hearsay when reach 21millions of bitcoins mined they will stop its just hearsay. i really dont know what's going on in future

[A Feeder]

I can only think of one reason. That is if all the governments ban it internationally.

[xDsoGood]

I think if the miners stopped mining, that would be the end of bitcoin or maybe surpass by other crypto currency

[Icaxx]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

If we see the price movement recently, bitcoin has no possibility will be gone forever.
Because every day more people interest to join and feel the power of bitcoin.
One thing i am worry with is banned from all of the country or at  least most country in the world.

[rockem5]

I can only think of one reason. That is if all the governments ban it internationally.

This wouldn't kill bitcoin. Bitcoin is decentralized.

[bribed]

I think that a real threat to Bitcoin could be that if prices keep rising and therefore mining being even more profitable and then many more people wanting to jump on that train and therefore starting to mine. This will lead to a massive energy usage that most countries wont be able to supply. Therefore governments sure will step in and maybe prohibit mining. As mining is something physical, its not that easy to do if its considered illegal. I think that this could become a real issue for Bitcoin and crypto in the future.

[mk4]

too many hardforks may destroy bitcoin

Hardforks are actually healthy in my opinion. It just shows how some(definitely not all) forkers are trying to think and try out a solution for the blocksize issues. Hardforks are only bad in terms of price and crypto-newbloods can possible get confused with them seeing lots of coins with "bitcoin" in their names.

I can only think of one reason. That is if all the governments ban it internationally.

The point of bitcoin is to have no government control. This will definitely NOT kill bitcoin. I can only see this causing bitcoin's price to crash due to all the fear that could possibly arise if this happens. Crash in price =/= dead.

I think that a real threat to Bitcoin could be that if prices keep rising and therefore mining being even more profitable and then many more people wanting to jump on that train and therefore starting to mine. This will lead to a massive energy usage that most countries wont be able to supply. Therefore governments sure will step in and maybe prohibit mining. As mining is something physical, its not that easy to do if its considered illegal. I think that this could become a real issue for Bitcoin and crypto in the future.

Good thinking; but I don't see this happening. More miners = more blocks being mined = higher mining difficulty. If we get a huge surge on miners then profitability will go lower, hence some miners will probably move to some other cryptocurrency to mine for profit. So in the end the miner count and profitability sort of balances out.

[Aryanto28]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

One possible cause of bitcoin loss is the government's ban on bitcoin regulation. According to the news I heard that bitcoin will be banned by banks in my country next year. Then how is the bitcoin fate owned by the investor that has been invested. what can still be sold and make money?

[cryptocrusher]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

One possible cause of bitcoin loss is the government's ban on bitcoin regulation. According to the news I heard that bitcoin will be banned by banks in my country next year. Then how is the bitcoin fate owned by the investor that has been invested. what can still be sold and make money?

I don't understand how banks can ban bitcoin? They have absolutely zero control over bitcoin whatsoever? It is true governments may ban bitcoin or deem it to be illegal and I think that's a big challenge it may face but more likely is governments trying to regulate it.

[gidaahmad]

the volume of trading is reduced, the number of negative cases about Bitcoin. Maybe both of these are enough to lower the current Bitcoin price. However I think to eliminate the value of Bitcoin is highly unlikely.

[Bardman]

When people realize the price is just artificial and bitcoin itself doesn't have much use as a currency it will die. Many other coins are just better than bitcoin and do their job. Bitcoin was intended as a currency and it's not being used as such. Treating like an asset will only last so long. Fees are also getting a bit too much, specially withdrawals from exchanges/websites.

Yes for the currency use case, but as a digital gold. Gold has always had high fees, low portability and really an artificial value purely used as protection.
If you are going to use a store of value currency bitcoin seems like the obvious solution. I think heavy regulations will come in, but organisations will figure out a way to package it and sell it.

Ok but then people should totally stop treating it like a currency. There is no point in having platforms accept bitcoin as payment if it's just going to be digital gold. No one is buying groceries with gold in real life. There are way too many people and projects that are still treating bitcoin as a currency so if people really want to make bitcoin succeed as digital gold then everyone should actually treat it as that.

[lucifochrome]

There are multiple reasons that will cause bitcoin to be gone, but realistically speaking it may not happen. Reasons are First no Electricity, if this happens bitcoin will not exist and we are back to the dark ages, with this being said, if there is no electricity worldwide then there is no Internet as well. The other reason is that there is no market. If people does not support bitcoin then it will not exist simple as that. Bitcoin still rely on the community that supports it. The hardware and stuff are only secondary to that.

[nagatraju]

oh, if there is no electricity, the lack of bitcoin won't be our only problem...at this stage, there is less and less probability that it can disappear...too much things is involved in this

[Fappanu]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

Maybe if the government will be alarmed of the continuous hike of its price. They will do things like they will banned bitcoin because they have no control to it.  Plus the people that are earning to it dis not pay and would not pay any tax to bitcoin.  Shutting down internet connection will likewise be the reason that bitcoin will be gone.

[MMostaza]

I think the only reason impossible to beat would be: People stop to use Bitcoin.

The raising of Bitcoin it has appeared when the coin reached more people than just some experts in tech. That means that those who make Bitcoin grow are people  and it would be people (using and buying it) who will have the power to make Bitcoin gone.

[Kiki Rusma]

I think if there is no internet we can not do much, I do not know will it happen, enjoy for now, for a good future.

[Korlcek]

The end of bicoin will come when some quantum computer will be able to instanly discover private key for any wallet.

[tikaka]

There are also reasons for bitcoin to disappear. All countries banned bitcoins and people did not use bitcoins anymore. Bitcoin no longer trusts and is attacked by hackers. internet no longer exists

[agentx44]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

In my own point of view, the possible reasons why bitcoin could be gone, banned or lose its value, if people stop using and investing bitcoin, and by stopping bitcoin by the government of all countries that they think that bitcoin is just a scam or not legit and they can also declare bitcoin as illegal from that. I hope in the future bitcoin will still exist or live because bitcoin is very valuable to me.

[Samsungnumbertwo09]

Its not gonna happen in reality.

I think the possible reason is when we dont have a electricity coz when we do have electricity we dont have internet so when we dont have internet we cant make a bitcoin and the other possibility is when the government alarmed coz they dont have control on bitcoin so that the ban the bitcoin in their country...

[im posible]

In my mind the main reason for bitcoin can be lost is because it is forbidden, because it claims insecure bitcoins and threats so the government prohibits the use of bitcoin. The next reason is the existence of a worldwide disaster that resulted in the destruction of the Internet network globally.

[livingfree]

I think if there is no internet we can not do much, I do not know will it happen, enjoy for now, for a good future.

Yes, I agree. If the internet is already gone, the bitcoin will also be gone. It sounds funny, but that's a possible reason. There are so many possible reason why bitcoin could be gone. It could be the lose of the electricity, lose of the internet, bitcoin banned, bitcoin price decreases, or people doesn't use it anymore. It's very possible that bitcoin will be gone because of this possible reasons. But I hope, bitcoin will still exist in the future because this can help a lot of people.

[Cold-Heart]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

For me, there are 2 things that bitcoin would be gone. first is time, as time goes by the risk and the amount of bitcoins could decrease or increase as well, but there would be a time that bitcoin would reach its limit at start to fall down and be forgotten. And second is the other virtual money, as other virtual money increase its value, the people are converting and starting to switch to the other fresh and possible good outcome or value that it could give them.

[Dapper]

If they (governments) kill the bitcoin exchanges (simply by severing the links between them and banks), that may not 'kill' bitcoin, but that will effectively wipe out mainstream users.  It'll be back to 2011 pricing and utility.     

[icanscript]

If they (governments) kill the bitcoin exchanges (simply by severing the links between them and banks), that may not 'kill' bitcoin, but that will effectively wipe out mainstream users.  It'll be back to 2011 pricing and utility.      

Bitcoin can disappear only for one reason, users will switch to another currency and it will displace bitcoin.
All other "causes and effects" are impossible.
To forbid, not to start up, to disconnect-it will not be possible any more.
The use of bitcoin in the post-apocalyptic society is possible, even without the presence of the Internet-But this is another story. 

[otandelapaz]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

 Governments (will the help of banks) will discredit it.  It will give bitcoin a bad name to the public, they'll show that bitcoin are being used in illegal transactions and that "bad people" are the only one who benefits with crypto-currency.  They will do this so they (government and banks) can introduce their own cryptocurr technology which of course, they have control.

[mabell943]

The only possible that can be a threat in the company and managements is to lose their life blood which is the demand of the public.
If there will be no more customer will use their service the company will banish in just blink of an eye.

[jamelyn]

But the reasons why Bitcoin cannot succeed in the long run go so much deeper.the value will drop dramatically as people panic and sell as quickly as possible.That's all the more reason you should be wary of any virtual currency. If you don't think it can be manipulated, you're not paying attention to history.

[syamster]

too many hardforks may destroy bitcoin

Hardforks are actually healthy in my opinion. It just shows how some(definitely not all) forkers are trying to think and try out a solution for the blocksize issues. Hardforks are only bad in terms of price and crypto-newbloods can possible get confused with them seeing lots of coins with "bitcoin" in their names.

I can only think of one reason. That is if all the governments ban it internationally.

The point of bitcoin is to have no government control. This will definitely NOT kill bitcoin. I can only see this causing bitcoin's price to crash due to all the fear that could possibly arise if this happens. Crash in price =/= dead.

I think that a real threat to Bitcoin could be that if prices keep rising and therefore mining being even more profitable and then many more people wanting to jump on that train and therefore starting to mine. This will lead to a massive energy usage that most countries wont be able to supply. Therefore governments sure will step in and maybe prohibit mining. As mining is something physical, its not that easy to do if its considered illegal. I think that this could become a real issue for Bitcoin and crypto in the future.

Good thinking; but I don't see this happening. More miners = more blocks being mined = higher mining difficulty. If we get a huge surge on miners then profitability will go lower, hence some miners will probably move to some other cryptocurrency to mine for profit. So in the end the miner count and profitability sort of balances out.

Well I have nothing to give any reason that bitcoin can lose its value or it drop its price and some time I’m very shocked when I heard something like this because true users never believe on it because they are going to do analysis of bitcoin in detail and they know very well where is bitcoin and where bitcoin will go bitcoin is now unstoppable and no one can do anything wrong with bitcoin because it’s very strong and powerful now in market.

[spyerf]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

One possible cause of bitcoin loss is the government's ban on bitcoin regulation. According to the news I heard that bitcoin will be banned by banks in my country next year. Then how is the bitcoin fate owned by the investor that has been invested. what can still be sold and make money?

prohibits the use of bitcoins in a country, not for the first time. and bitcoin is capable of passing all that. more demand and higher value. The thing that causes the loss of bitcoin value on the market in my opinion is the decline in demand and users, and the loss of electricity in each country. and that's not possible.

[white.raiden]

because scammers who are constantly increasing their users will lose their dedication to continue investing, and bitcoin users will stop their long-term start, and it's impossible to lose it, for example, internet cignals around the world are it's gone and it's not in our country but it's impossible to happen, so bitcoin is alive in our world

[chromosomes]

The main factors that may affect bitcoin's loss is internet connection shutdown. Bitcoin is functioning because of the internet and if internet would be gone, then bitcoin will lose its funcionality. Other factor is the demand of usage of bitcoin by the users. If the users will be lessen and only few are using it then bitcoin has the possibility to be less functional.

[jundel]

government ban. organization ban. system ban in internet. that maybe.

[putlink]

If Bitcoin is not accepted by all businesses in the world, Bitcoin is already dead.
Because at that time bitcoin did not have any use other than buying and selling people from person to person

[apumaycry]

1.)bitcoin will gone if government closing access to exchange bitcoin to fiat and fiat to bitcoin because there no legal way anymore to buy bitcoin but you can buy in the black market for sure .2) is no miner or 51% bitcoin miner gone or no more peope to mine bitcoin again because it has expensive to pay electricty than profit from bitcoin 3.) internet is die this is impossible lol 4.)no demand again for bitcoin

[fullhdpixel]

There is no possibility to be gone. It is very promising. It has good price and a lot of user. Demand is also good. So it is not possible to be gone.

Lol, At least someone is really pessimistic and talking about bitcoin on the base of facts and figures. Indeed bitcoin is increasing in value gradually and so many people are taking interest into bitcoin just because of its fluctuating nature.

Indeed, the demand for bitcoin is very high in the market and even gold investors are leaving gold for bitcoin. Those who want big profit in short time are investing into bitcoin.

[Bardman]

If Bitcoin is not accepted by all businesses in the world, Bitcoin is already dead.
Because at that time bitcoin did not have any use other than buying and selling people from person to person

No one cares about bitcoin as a currency. Steam just announced that they wont be using bitcoin anymore and no one gave a shit. People are not using bitcoin as a currency so it's irrelevant whether business accept bitcoin or not. It's pure speculation now.

[Bay_Harbour_Butcher]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

the most likely thing that can happen for bitcoin to die is that big countries start banned against bitcoin, and in the end all countries. if this happens then the bitcoin price will drop dramatically, and no one wants to buy it again

[Minionnn]

bitcoin will disappear for a number of reasons:
No one uses bitcoin anymore.
The internet is cut across the world.
The United Nations prohibits bitcoins all over the world.
The internet is cut off and no one using bitcoin is unlikely. I hope the UN will not ban the bitcoin because a lot of people and i want to use bitcoin.

[Ronyx]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

sometimes I think about it too. but I see the fact that bitcoin values ​​are constantly rising. I do not want to be left so I remove the negative thinking that is in my head.

[Xzhyte]

When a massive solar storm hits the earth. Electromagnetic waves will destroy most of the electronics in earth, that's why cryptocurrency might be destroyed.

[Shreek]

bitcoin can disappear if no one else is interested in bitcoin.bitcoin can be banned if bitcoin is used by criminal to commit a crime, there are many reasons bitcoin can lose its value, such as sales more than purchase, hardfork happened, less bitcoin spreading. and many more.

[jwrent34]

I think it will always have a value since it was the first but not in the thousands. It's not sustainable as a currency, maybe as a community.

[ladydark]

No internet
Banned in all country and
no users.

I think that all the above three are impossible to happen.

I think that the real threat to bitcoin would be the introduction of Quantum computers which would take almost twenty more years to come in to existence.But we could hope that appropriate safety measures would be taken to save bitcoin before its entry.

[bitcoinhunter1221]

I think bitcoin will gone through the reason of government intervention. If bitcoin is used in crimes then government may have the right to get through it. But I don't know if that's gonna happen in reality because I can see no death sign for bitcoin.

[Vaculin]

I think bitcoin will gone through the reason of government intervention. If bitcoin is used in crimes then government may have the right to get through it. But I don't know if that's gonna happen in reality because I can see no death sign for bitcoin.

I think bitcoin will not be used totally in crimes.Only fools are doing it.IMO bitcoin will only have its downfall if all its users,traders and investors will not gonna use bitcoin anymore.If there will be no more demands for bitcoin,then bitcoin will die surely.

[ReindeerOnMe]

government ban.

That is possible since there are a lot of countries that are banning bitcoin because of the "threat" it will be doing in the future, as they said it.

organization ban.

I think it may affect but not that big since there are a lot of organizations that are not accepting bitcoin but still, it is still having a price pump.

system ban in internet.

I think this will be really impossible, I think the last possibility will be the exchangers ban. You can ban bitcoin in a country, you can ban bitcoin in an organization, but if all of the exhangers will be banned, I think that will be the devastating.

[Hawkers7]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

The possible reason that I think that can stop bitcoin were no internet connection, if its banned the country, and when no one buys it. Internet connection was bery important for bitcoin as it is exist in the virtual world everything about it was function with the help of internet. It will also be gone if the government banned it and stop people on using it.

[An0nyMoose]

The most likely reason that Bitcoin would be gone is because someone got over 50% or more of the mining power and did what is called a "hard-fork" essentially duplicating the blockchain and they could make a second Bitcoin and destroy the old one.

[sotoshihero]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

The possible reason that I think that can stop bitcoin were no internet connection, if its banned the country, and when no one buys it. Internet connection was bery important for bitcoin as it is exist in the virtual world everything about it was function with the help of internet. It will also be gone if the government banned it and stop people on using it.

I think without internet connection is sufficient enough, and how it may happen? Maybe when a catastrophic nuclear war happens in whole world which will reset our planet into ice age or stone age. Right now, cryptocurrencies are unstoppable.

[khaled0111]

I hope there will be no possibility to make bitcoin disappear.
I saw people talking about Internet and electricity interruptions which will never happen so no reason to worry about that.
What will make bitcoin disappear is the emergence of a new technology that will replace bitcoin by offering more features and improving the current services.
Hard forks can make bitcoin network more efficient and thus avoid its extinction.

[francesyrus]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

The only possible thing that could end bitcoin is worldwide internet shutdown. For losing its value maybe if many countries will banned bitcoin because they will all sell their BTC and will lead to price go down.

[Mjeramirez]

Bitcoin will be gone if all the countries in the world joined together to ban the purchase and use of bitcoin in any transaction, this includes placing sanctions to store owners who accept bitcoin as payment. Another is when the internet is gone then bitcoin will also cease to exit

[DoublerHunter]

The fee of bitcoin is keep on going up and that will become the reason for the people to transfer into another coin which is like bitcoin but it has a lower fee and also faster than the blockchain of bitcoin. That is why we should rush in fixing the problem so the people will not migrate to another coin because bitcoin is having a huge threat which is the expensive fees.

[stripykitteh]

The most likely reason that Bitcoin would be gone is because someone got over 50% or more of the mining power and did what is called a "hard-fork" essentially duplicating the blockchain and they could make a second Bitcoin and destroy the old one.

If there was a large ICO that somebody builds then runs away with the money then there would be a lot less people holding Bitcoin.
There's a few smart people in here so that is not likely.

[elcapitano771]

Pump and dump on a large scale by corporate structures will create major wealth loss resulting in government regulation. Yes, they can criminalize anonymous bitcoin holdings.

[harbin55]

I think if there is such thing that will cause for the company of bitcoin gone that would be their clients or investors.
The client of the company is their life blood and the reasons why they are still survive. If all companies lose their client;
their existence in this world will also gone.

[herecomesjohnny]

The only reason that could influence the Bitcoin disappearance could be the world without electricity. Without electricity, centraliezed currencies would make their comeback to the market world again in a big style. That could happen only if a nuclear war starts or some other disaster destroys everything. Everything is possible but I don't believe Bitcoin will disappear anytime soon. It will rise even more and people will start to accept it as the main payment. Few more years have to pass for the acceptance of a Bitcoin as a legal way of payment in all countries. Bitcoin disappearance is possible but it can be only measured in the 1 percent of possibility.

[senin]

It is now quite difficult to use mechanisms that would lead to the disappearance of bitcoins, its complete prohibition or to those that would lead to a lack of demand on it.
   Bitcoin can disappear only if the Internet disappears, that is, there will be no access to it in its virtual world.
    A global ban by all or most countries also can not be, since the largest and most developed countries such as the United States, Japan, Canada, united Europe and others have already recognized the Crypto-currency. There should be some significant negative developments regarding the crypto currency so that the world countries review their previous decisions and I hope that this will not happen.
    The drop in demand for bitcoins and other crypto currency is unlikely to lead to its disappearance. Such a fall should be absolutely universal, on the verge of a boycott. While this is also unrealistic.

[Kotone]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

I think that the possible reasons for bitcoin to be gone is if it gets hacked big time wherein a lot of people would think that nothing can keep them safe. A banning from a lot of major countires would surely shake the entire market and lastly unavailability of internet

[jakezyrus]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

as of now, i cant think of any valid reason that bitcoin will be gone. although bitcon can be banned or loose its value due to some factors like for example if  a bitcoin was banned on some country because their government thinks that bitcoin is the root of all evil and greed then it can greatly affect to the market of bitcoin because the demand will be lesser and as a result bitcoin can loose its value but bitcoin cant be gone as long as there were still some country and people who are using it. however there were some news that says bitcoin is a bubble and it will pop soon but it is not yet proven or guaranteed that itll happen.

[kier010]

if other coin surpass bitcoin with better quality. well bitcoin is the most popular so it is not yet possible to be surpass by other coin. when all miners stop mining and no transaction will be process or it will take days to process.

[ModaFuka1994]

I think it will only be happened when the total supply amount of Bitcoin run out in the future and the price of Bitcoin is too high, about millions dollars, so nobody will use Bitcoin to trade anymore and it'll lead to Bitcoin price dump to zero very quickly ). Beside Bitcoin will be only used by crime to commit guilty so all government all over the world will ban Bitcoin in their country

[Tsugihara]

probably the first because bitcoin is a virtual currency and is illegal, besides that bitcoin can be used as a crime and crime because bitcoin uses a blockchain system, so the government will not let bitcoin easily develop. the government would also try to stop bitcoin because bitcoin could rival a government bank.
 

[manoj kumar k]

there is no valied reason to stop the bitcoin except the central government because the transaction done in the bitcoin cannot be tracked by the central govt so the revenue generation will come down

[mrcash02]

If a new technology appears and that is significantly better than the currently one Bitcoin can lose price.
If Bitcoin is dumped to a really low value it can lose reputation and potential investors can withdraw their money.
If governments ban it or put strict regulations many people will stop investing, decreasing demand, decreasing Bitcoin price.
If a bug is found, making possible for hackers to steal money easily from holders.

[Cointertrade]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

It would be possible if there would be no people to use it anymore and there is no internet then bitcoin will go down and will definitely become worthless. I think this would not happen they are only saying that bitcoin will disappear because bitcoin has been grow and become popular so with the use of their opinions the number of people would no longer use it.

[Barbut]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

It would be possible if there would be no people to use it anymore and there is no internet then bitcoin will go down and will definitely become worthless. I think this would not happen they are only saying that bitcoin will disappear because bitcoin has been grow and become popular so with the use of their opinions the number of people would no longer use it.

I don't know why, but your comment have most logic then any other. If people would stop to use bitcoins that would lead to crash, but why would people stop using bitcoins? Well probably answer on that is simple, people would stop use it if there is something better then bitcoins, there isn't so people will use bitcoin for a long time. Bitcoins are better then traditional fiat currencies, we waited for a long time for alternative and we finally have it, no one will stop using bitcoins.

[jbarrera05]

for me i think bitcoin will have price down but never gone

[Rostadom]

If a new technology appears and that is significantly better than the currently one Bitcoin can lose price.

"Significant" is a subjective word plus this would totally depend on what you're trying to look for. For example, there's a coin that's dedicated for the casino that has zero house edge and it's called Edgeless (EDG) coin. If you're all about gambling and you're looking for that zero house edge casino, then this coin is significantly better than bitcoin FOR YOU. But it might not be the case for most people.

If Bitcoin is dumped to a really low value it can lose reputation and potential investors can withdraw their money.

I honestly doubt that this will happen unless something else have already happened to bitcoin and it already lose reputation and investors. Just recently we had a loss of 6K$ in the price of bitcoin. Normally people would panic sell and "jump out of the sinking ship" but that's not what happened. What happened was more people actually joined in and that's proven by the chart that the price picked up right away after the major dump. It's a good day for buyers.

If governments ban it or put strict regulations many people will stop investing, decreasing demand, decreasing Bitcoin price.

The only thing that I can think of that the government can do that can actually affect bitcoin is to have some new taxation scheme that's targeted to take down bitcoins and make it really expensive to convert your bitcoins into cash. Banning it will just make people find out about bitcoin. It's totally pointless since it's on the Internet and people have freedom here. (I don't know what would be the case once Net Neutrality is gone.)

If a bug is found, making possible for hackers to steal money easily from holders.

If (bug == exist) then
    hackers_balance += everyone_else's_balance
End if

If there was a a bug, the hackers should have taken advantage of it already. There's no bug, hon.

[akiraminai]

If we're talking of a possibility here then all I can say is, Bitcoin can be possibly gone if all people are doing business with bitcoin stops doing so. We are like it's support, without that support BTC will just float away like a random unrecognized bubble.

[bitcoinerjawa]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

the possibility of missing bitcoin will occur when bitcoin fails its function and its security is very easy to break through, but this is not likely to happen.

[joebrook]

Can you think of possible reasons why Bitcoin could be gone, banned or lose value?

It would be possible if there would be no people to use it anymore and there is no internet then bitcoin will go down and will definitely become worthless. I think this would not happen they are only saying that bitcoin will disappear because bitcoin has been grow and become popular so with the use of their opinions the number of people would no longer use it.

I don't know why, but your comment have most logic then any other. If people would stop to use bitcoins that would lead to crash, but why would people stop using bitcoins? Well probably answer on that is simple, people would stop use it if there is something better then bitcoins, there isn't so people will use bitcoin for a long time. Bitcoins are better then traditional fiat currencies, we waited for a long time for alternative and we finally have it, no one will stop using bitcoins.

One of the reasons why people will stop using bitcoins is the transaction fees thats being charged at the moment, its really not surprising why people are moving to bitcoin cash rather because the fees there are very reasonable and it confirms even faster than bitcoins.

[phelbaby]

I think this have been discuss so many times.If no one invest in bitcoin and trade with it than the burial ceremony began.

[mrcash02]

If a new technology appears and that is significantly better than the currently one Bitcoin can lose price.

"Significant" is a subjective word plus this would totally depend on what you're trying to look for. For example, there's a coin that's dedicated for the casino that has zero house edge and it's called Edgeless (EDG) coin. If you're all about gambling and you're looking for that zero house edge casino, then this coin is significantly better than bitcoin FOR YOU. But it might not be the case for most people.

I think the "significantly" better is something that is out of the comprehension of most of us on the present, like Bitcoin concept was out of comprehension of many of us some years ago. Personally, I didn't imagine a currency like Bitcoin working fine without centralized power behind it.

These dedicated currencies are interesting for some activities inside the Crypto-Currency virtual universe, but not enough to rouse a movement around them, not enough to make the community engage to bump them and support them, even because they don't offer any special feature that Bitcoin can't do.

If Bitcoin is dumped to a really low value it can lose reputation and potential investors can withdraw their money.

I honestly doubt that this will happen unless something else have already happened to bitcoin and it already lose reputation and investors. Just recently we had a loss of 6K$ in the price of bitcoin. Normally people would panic sell and "jump out of the sinking ship" but that's not what happened. What happened was more people actually joined in and that's proven by the chart that the price picked up right away after the major dump. It's a good day for buyers.

I doubt about it too, but possible anyway...

If governments ban it or put strict regulations many people will stop investing, decreasing demand, decreasing Bitcoin price.

The only thing that I can think of that the government can do that can actually affect bitcoin is to have some new taxation scheme that's targeted to take down bitcoins and make it really expensive to convert your bitcoins into cash. Banning it will just make people find out about bitcoin. It's totally pointless since it's on the Internet and people have freedom here. (I don't know what would be the case once Net Neutrality is gone.)

Most people are just sheeps, if a government put some fear on them they will retreat and continue their poor lifes dealing with fiat and supporting the chaos their countries are. Few would try to continue using Bitcoins and they would suffer the consequences without solidarity from their countrymen.

If a bug is found, making possible for hackers to steal money easily from holders.

If (bug == exist) then
    hackers_balance += everyone_else's_balance
End if

If there was a a bug, the hackers should have taken advantage of it already. There's no bug, hon.

I'm a layman to talk about bugs and hackers skills, but I keep my mind open about it. Technology never stops evolving, maybe a bug can be created.

Like an Antivirus, today you can have the most efficient one, no virus can breach it, but if you don't keep updating your Antivirus in some months or years a virus will breach it, because it was evolved and your defense not.

[lillyann]

Recognition of BTC as illegal. Companies thanks to which we have such a high price are certainly withdrawn. it's enough for the price to drop to $ 100. Unfortunately, this is a real problem.

[PossibilityMiner]

As mentioned a concerted effort by many of the major governments could drastically crash the price.  I don't think this is likely to happen all at the same time though so in theory one would have time to exit with at least something.  The next year or two is going to be key in terms of to what degree various governments will regulate or even ban crypto.

At the very least places like the USA are going to have a microscope up the rear of every coin holder.  They won't be able to track the anon currencies but any holders will have a tough time exchanging them and the penalties for non-disclosure will keep the normies in line.  A smart investor will need to keep his finger up to see which way the wind is blowing. 

[cevacolor]

I can't see this happening, honestly. But, if ever it happens, that might also be the end of technology or majority of the businesses, killing the economy at the same time.