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Author Topic: How to avoid bitcoin's end.  (Read 426 times)
kjnfmplm (OP)
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February 23, 2018, 04:12:39 PM
 #1

Just came to my mind today. What are the things that could end bitcoin's life? What are the threats that bitcoin could face? Are there famous people who want to end bitcoins aside from the government officials? And how can we avoid and survive those?
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February 23, 2018, 04:16:35 PM
 #2

There are two endings for me for bitcoin.

- The end of hope for it to succeed in the grand vision and change the world as we know it.
- The price reaching 0

The first one can happen for a number of reasons, most obvious is a global attack on bitcoin from all governments or corporations. Alternatively it could come in the form of some major technical failure.

The second one will almost certainly never happen because some people will always believe in bitcoin.

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February 23, 2018, 04:20:36 PM
 #3

Extreme government regulation, and miss management of the technology. Bitcoin dint come from no where, there are people managing it. One bad update could make people lose confidence in it. As an individual if you want to "avoid" the end then dont use it for illegal activities. Because that's how regulators justify regulating it. Some regulations are good but, unfair regulations could make it difficult to use it.

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February 23, 2018, 04:21:29 PM
 #4

Just came to my mind today. What are the things that could end bitcoin's life? What are the threats that bitcoin could face? Are there famous people who want to end bitcoins aside from the government officials? And how can we avoid and survive those?
Bro, do not think about that at the moment. The popularity of bitcoin and crypto currency, only gaining momentum, not taking into account the situation on the market at the moment. Just live here and now.  Wink  Smiley

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February 23, 2018, 04:27:30 PM
 #5

Just came to my mind today. What are the things that could end bitcoin's life? What are the threats that bitcoin could face? Are there famous people who want to end bitcoins aside from the government officials? And how can we avoid and survive those?

It's being said that when there is a will, there's always a way.
If Bitcoin would have to die, it has already died more than 100s of times when everybody FUD about it during crashes (take the latest 20k-to-7k crash).
I believe, something that possesses a value due to its nature can never die. Bitcoin's nature is to let everyone transact within few seconds and keep the transaction to themselves without involving any third parties. If we still continue its use as P2P (but keep records of each transaction in case any problems arise from Gov's end), I don't think it will ever end. Not at least for the next 100 years TBH. Bitcoin and Blockchain technology are something we have always been in search of, and when it is people who has taken the authority to run/ruin it, Governments or those famous people cannot do anything but spit out negativity off their mouth to stop people from conducting such trades. Do you really think people will stop? Can they ban INTERNET?

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February 23, 2018, 04:31:00 PM
 #6

We can avoid the end of bitcoin by developing it more and more in the time that is yet to come. In addition to this the use of bitcoin must be increased a lot otherwise there wont be any reason for the existence of the bitcoin. I am pretty sure that big personalities who dont want bitcoin into existence will always point out these two things in the long run and thus will make it look like worst. I mean development is very important aspect for the bitcoin now a days because that is what decides the ultimate use of the bitcoin. The more the use of it the more chances that it will survive.
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February 23, 2018, 07:10:41 PM
 #7

Just came to my mind today. What are the things that could end bitcoin's life? What are the threats that bitcoin could face? Are there famous people who want to end bitcoins aside from the government officials? And how can we avoid and survive those?
Bro, do not think about that at the moment. The popularity of bitcoin and crypto currency, only gaining momentum, not taking into account the situation on the market at the moment. Just live here and now.  Wink  Smiley

Not thinking about your future is not the best course of action, is it? We all hope for the best but you have to always consider your eventual exit strategies, because if the market does crash eventually, you will not be able to wish it away.

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February 23, 2018, 07:14:31 PM
 #8

Just came to my mind today. What are the things that could end bitcoin's life? What are the threats that bitcoin could face? Are there famous people who want to end bitcoins aside from the government officials? And how can we avoid and survive those?
Bitcoin can stop the disappearance and disconnection of the Internet around the world. Also, the largest investors and holders of bitcoins can keep secret the date when they start selling their bitcoins and it will be a bubble burst. Well, the government can destroy bitcoin by mass regulation.
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February 23, 2018, 08:18:57 PM
 #9

You came with those weird questions, what made you think of such things? I'm curious!

What are the things that could end bitcoin's life?

just nothing, there will always be someone who will use bitcoin

What are the threats that bitcoin could face?

regulation by certain governments that have gloomy policies, I speak of countries like china, russia and some others

Are there famous people who want to end bitcoins aside from the government officials?

dude, the bankers are people who just think about themselves and would be very happy to end bitcoin

And how can we avoid and survive those?

showing another side, if we do not use bitcoin to commit crimes, then there will not be many reasons for governments to take very tough measures against bitcoin



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February 23, 2018, 08:22:23 PM
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There is no guarantee fund for companies offering services in the cryptocurrency industry, which may lead to the loss of significant funds by careless users through the so-called exit scams or similar scams or prosaic crack attacks (as - perhaps - in the case of users of the Polish Bitcurex stock exchange) - hence, it is recommended to verify the entities with whom economic relations are entered in terms of their compliance, eg with the Canon of the Good Market Practices of the Cryptocurrency Market.
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February 23, 2018, 08:25:20 PM
 #11

First BTC is not coming to an end,caution should however be taken when investing in crypto,diversifying is the best way to protect oneself from total loss
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February 23, 2018, 08:29:27 PM
 #12

Just came to my mind today. What are the things that could end bitcoin's life? What are the threats that bitcoin could face? Are there famous people who want to end bitcoins aside from the government officials?
no it will run forever because we need this in life

i think also there's no need to ask a question like this do hardwork now so even crypto will really gone in the future still you earn big already

Are there famous people who want to end bitcoins aside from the government officials? And how can we avoid and survive those?
actually government help us here in my country
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February 23, 2018, 08:32:09 PM
 #13

I think that one of the important reasons why bitcoin can come to its end is a very large increase in its price. The greater the price of bitcoin, the more it will be exposed to the risk of depreciation. People understand that bitcoin is not provided with anything, in principle, it is not regulated by anyone and no one is responsible for it, and therefore they will always be subconsciously afraid to lose their savings in it. Therefore, as soon as the rumor spreads that bitcoin will burst like a bubble and depreciate, people in a panic will start selling it, because of this, bitcoin will start to drop in price and this will trigger a chain reaction due to which it can completely depreciate. Sooner or later this will happen, so always remember this and be prepared for the worst.
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February 23, 2018, 10:06:46 PM
 #14

As for me, i no reason why any so called powerful man would want to end Bitcoin, besides that Bitcoin's survival totally depends on how it thrives in the market...
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February 23, 2018, 10:12:52 PM
 #15

Nothing an end bitcoin. Any band news, rumor or whales can only affect bitcoin in short time and cause some people to avoid bitcoin. The technology bitcoin cause it to exist forever.
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February 23, 2018, 10:18:09 PM
 #16

Nothing an end bitcoin. Any band news, rumor or whales can only affect bitcoin in short time and cause some people to avoid bitcoin. The technology bitcoin cause it to exist forever.
I do not agree with you. Nothing is impossible. The current crypto market is very hot and nothing can stop them. But in the future, there will be a lot of fraudulent ICO projects formed to make a profit from people who believe in the crypto market.
So I advise you to be careful when working in the crypto market. Be wary because the number of scam projects is growing. Bitcoin will also be affected by the discredited scam projects.

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February 23, 2018, 10:24:29 PM
 #17

Bitcoin will never reach 0 and nobody can "kill" this cryptocurrency. There is still a lot of whales that will support it and that want to make good profit on bitcoin trading. Even if a lot of FUD would happen and bicoin reached a bottom price several thousands of dollars, it will always recover. Bitcoin won't end because just too many people believe in it.

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February 23, 2018, 10:27:22 PM
 #18

yes, bitcoin will end if supplies are gone, no spreading and no bitcoin volumes, and bad news from the media about bitcoin.

a world figure who hates and predicts bitcoin will die is a warren buffet. and the way that bitcoin survives is to spread bitcoin to the publik, contributing well to bitcoin, and also we must exist with bitcoin. and do not leave.
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February 23, 2018, 10:37:25 PM
 #19

Maybe with a natural disaster around the world and the death of the entire internet network in the world will definitely be able to end the bitcoin, not forever that people think to end bitcoin and us as long as there is trust and many people who have bitcoin I think bitcoin will not end even though the price down.
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February 23, 2018, 10:39:18 PM
 #20

The important herr bitcoin still alive and for sure even they have goverment and famous people wants to end bitcoin they have other people who are famous are wants to stilla alive bitcoin and for sure it is good ecause intil now we have support.
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