What "event" will be the nail in the coffin for your Bitcoin goals?

[Kprawn]

A lot of people have their breaking point, where they will throw in the towel. What "event" or "change in technology" will be

your final nail in the coffin for your Bitcoin dreams? A lot of people are looking at the Bitcoin price as a trigger, but that would

be stupid. (The price are mostly manipulated, so this is a bad guideline)

The trigger must be something other than the price. (Example : Major change in the Bitcoin code / Core developer leaving /

Flaw in the protocol / The introduction of a much better technology etc.)

Let's see how many different triggers could cause a mass exodus of Bitcoin supporters.  

[Hivalley]

Bitcoin as we all know is used to make safe and secure transactions anywhere in the world,and the best part of it all is that it is not controlled,insured or regulated by any government or Central Bank whatsoever..
  I think what could trigger me to abandone this platform is if at some point in time,government gains control of the bitcoin,and the management of the network is no longer in the hands of the users or investors.
  To put it in a single word if the bitcoin becomes "centralized"and subject to governing bodies such as our federal government...For me that could be the nail in the coffin and the straw that breaks the camels back.

[Anonymous300]

Well I have great reason that I am involved in bitcoin. Bitcoin is the biggest and most valuable coin in the cryptocurrency world and it has done greatly.
 Right now there is no logical reason to leave bitcoin but one of the reasons that will make me leave bitcoin is if bitcoin becomes a security token thereby making it under the regulations of external bodies like sec, or any governmental bodies

[Marcel555]

Bitcoin as a digital asset was created to serve as an alternative to fiat currencies. And afford users freedom and control over their assets, lossing that control would possibly make me leave bitcoin.

Flaw in the protocol / The introduction of a much better technology etc.)
 

A flaw in the protocol is unlikely, but it could also trigger me to leave.
I would be forced out of bitcoin, if there it is flippened by another currency, with better applications and utility (and increased adoption), I don't know if this counts as a better technology.

But if BTC is usurped in terms of market capitalization, value and adoption, I would switch to the other currency. (bitcoin would stiil be an alternative).

[mk4]

Probably some things like the government implementing a heavy ban on bitcoin. Heavy meaning point-a-gun-in-your-head level ban. Though quite unlikely, it's still theoretically possible. Take note that this is just in an "investment" perspective though. If such thing comes to existence, I expect people to be panic selling. No doubt. I definitely would still be interested in bitcoin, but of course I wouldn't want my holdings to decrease in value by a huge percentage as I definitely would still want to live a decent life(and not in poverty).

[Betapikin042]

As with all currency. Cryptocurrency has it own risk. The more prominent risk are government involvement, fraud, theft, volatility, technical failures, regulatory uncertainty and competition from other currency. One of this risk can make any crypto loses is value and that include bitcoin
 But bitcoin has done well to bridge this lapses that why I have a strong believe in it but the only reason I would leave bitcoin is when all this risk are compromised

[franky1]

Bitcoin as we all know is used to make safe and secure transactions anywhere in the world,and the best part of it all is that it is not controlled,insured or regulated by any government or Central Bank whatsoever..
  I think what could trigger me to abandone this platform is if at some point in time,government gains control of the bitcoin,and the management of the network is no longer in the hands of the users or investors.
  To put it in a single word if the bitcoin becomes "centralized"and subject to governing bodies such as our federal government...For me that could be the nail in the coffin and the straw that breaks the camels back.

seems your words are about a government centralisation attempt
how about not be concerned with senators/ministers. they are not the ones writing bitcoin code. and there are 200+ countries so a minister/senator cannot rule a law that bitcoin code has to be wrote a certain way


and instead think bitcoin can be centralised by a group of certain influencers
such as a banking group who have devs on the employ. and the banking group have ownership of a portfolio of merchant tool/exchange services.

where this group want to shout that bitcoin is dead and the only solution is using other networks that function like the fortknox->banker permissioned/managed accounts model

[Kprawn]

Bitcoin as we all know is used to make safe and secure transactions anywhere in the world,and the best part of it all is that it is not controlled,insured or regulated by any government or Central Bank whatsoever..
  I think what could trigger me to abandone this platform is if at some point in time,government gains control of the bitcoin,and the management of the network is no longer in the hands of the users or investors.
  To put it in a single word if the bitcoin becomes "centralized"and subject to governing bodies such as our federal government...For me that could be the nail in the coffin and the straw that breaks the camels back.

This one might be one of the strongest contenders for me leaving the Bitcoin scene. Unfortunately this is happening faster than

what most people might be realizing. Take for instance how many people are using centralized exchanges that are governed

by strict KYC/AML regulations. These requirements is totally destroying "pseudo-anonymity" and a lot of people do not know

this or they simply do not care about this. 

[DooMAD]

The only nail in the coffin for me would be if Bitcoin somehow became a closed-source and permissioned system.  A "walled garden" where people weren't able to view or modify the source, or create the software they wanted to create.  Freedom is the most important thing for me.

[franky1]

The only nail in the coffin for me would be if Bitcoin somehow became a closed-source and permissioned system.  A "walled garden" where people weren't able to view or modify the source, or create the software they wanted to create.  Freedom is the most important thing for me.

a situation where people end up having to follow a certain reference roadmap. where people cant independently propose changes that counter such roadmap, all they can do is make software that follows a roadmap...
anyone who does try to create software that allows its own proposal plans, even if that proposal plan has no mandatory deadlines is treated like hostile. and told to get off the network?

[Kprawn]

The only nail in the coffin for me would be if Bitcoin somehow became a closed-source and permissioned system.  A "walled garden" where people weren't able to view or modify the source, or create the software they wanted to create.  Freedom is the most important thing for me.

a situation where people end up having to follow a certain reference roadmap. where people cant independently propose changes that counter such roadmap, all they can do is make software that follows a roadmap...
anyone who does try to create software that allows its own proposal plans, even if that proposal plan has no mandatory deadlines is treated like hostile. and told to get off the network?

Who will dictate this roadmap? A few individuals or a government or Financial institutions? Is this not what we are seeing with

Alt coins like Ethereum and Ripple? Someone must make the call, to decide what will be accepted and what not, so what kind

of consensus mechanism would you suggest to keep decisions like this, decentralized? This is a tricky subject, but I am very

curious about your opinion on this. 

[mk4]

The only nail in the coffin for me would be if Bitcoin somehow became a closed-source and permissioned system.  A "walled garden" where people weren't able to view or modify the source, or create the software they wanted to create.  Freedom is the most important thing for me.

This one too. Though this is definitely very unlikely in my opinion, as it's literally the opposite of what bitcoin is trying to achieve. GitHub keyholders makes the bitcoin repo private? I'm pretty sure some other dude can make another github repo with the same code as bitcoin core is open source anyway. Scary concept though, if you think of it.

[franky1]

Who will dictate this roadmap? A few individuals or a government or Financial institutions? Is this not what we are seeing with

Alt coins like Ethereum and Ripple? Someone must make the call, to decide what will be accepted and what not, so what kind

of consensus mechanism would you suggest to keep decisions like this, decentralized? This is a tricky subject, but I am very

curious about your opinion on this. 

"someone must make the call" ... um no. thats the centralised mindset.
solution
not having a reference client that has a moderation policy and a 3 step judging system to even get a proposal wrote to code. and only the proposals that fit their roadmap get accepted.

instead allow the community to make their nodes have different offerings and let consensus play out.
in other words an open network of roads where the majority of vehicles offer alternative routes. and after time if it shows the majority without penalty of being thrown out of town for not going a certain road(mandatory diversion at date X), again without mandatory diversions. if there is a majority of natural traffic flow going through certain roads. that that becomes the natural main road.

a reference client mandating a route and blind followers is not consensus
but people following the majority without mandate or threat. is consensus, plus if the road ends up being wrong they still can change direction without needing a reference client to decide for them

saying a network without orphans is good.. is saying a network without choice is good. a road without junctions is good.

having open roads and people choose not to use them is better than only having one road designed by one group which people are mandated to follow

[chidrawarster]

The only issue would be when regulated it would act as per the government norms making it centralized totally.This situation would be ridiculous for many investors as the price would be stabilized by then and governments wouldn't allow large fluctuation of prices due to investors money is concerned.So i think this would be the situation when all btc investors would feel like they are in a coffin.

[DooMAD]

Someone must make the call, to decide what will be accepted and what not, so what kind of consensus mechanism would you suggest to keep decisions like this, decentralized?

The current one.  There's nothing wrong with it, despite what franky1 might claim.  He's just throwing tantrums because he can't get his own way.

The only nail in the coffin for me would be if Bitcoin somehow became a closed-source and permissioned system.  A "walled garden" where people weren't able to view or modify the source, or create the software they wanted to create.  Freedom is the most important thing for me.

a situation where people end up having to follow a certain reference roadmap. where people cant independently propose changes that counter such roadmap, all they can do is make software that follows a roadmap...
anyone who does try to create software that allows its own proposal plans, even if that proposal plan has no mandatory deadlines is treated like hostile. and told to get off the network?

You don't have to follow a certain roadmap.  You are free to create a client that proposes an entirely new roadmap.  The problem you seem to be having is that people either:

a) don't approve of your proposed roadmap, or
b) don't have a particularly strong opinion one way or the other and are just going with the flow, or
c) are already using another coin that has a similar roadmap to the one you keep whining BTC should have

If more people felt the way you do, the current roadmap wouldn't be the current roadmap.  Or do you think all these thousands of BTC nodes are being run just for the fun of it?  Each of those nodes is testament to the fact that BTC's present course is locked in and you can't do anything to change it, unless you can build a layer on top of Bitcoin that is more to your liking.  You're free to do that too.

I see what you're doing.  You want more people to feel the way you do.  That's why you're taking thinly-veiled potshots at the current roadmap in most of the topics you participate in.  No one's falling for it.

[franky1]

Someone must make the call, to decide what will be accepted and what not, so what kind of consensus mechanism would you suggest to keep decisions like this, decentralized?

The current one.  There's nothing wrong with it, despite what franky1 might claim.  He's just throwing tantrums because he can't get his own way.

The only nail in the coffin for me would be if Bitcoin somehow became a closed-source and permissioned system.  A "walled garden" where people weren't able to view or modify the source, or create the software they wanted to create.  Freedom is the most important thing for me.

a situation where people end up having to follow a certain reference roadmap. where people cant independently propose changes that counter such roadmap, all they can do is make software that follows a roadmap...
anyone who does try to create software that allows its own proposal plans, even if that proposal plan has no mandatory deadlines is treated like hostile. and told to get off the network?

You don't have to follow a certain roadmap.  You are free to create a client that proposes an entirely new roadmap.  The problem you seem to be having is that people either:

a) don't approve of your proposed roadmap, or
b) don't have a particularly strong opinion one way or the other and are just gong with the flow, or
c) are already using another coin that has a similar roadmap to the one you keep whining BTC should have

If more people felt the way you do, the current roadmap wouldn't be the current roadmap.  Or do you think all these thousands of BTC nodes are being run just for the fun of it?  Each of those nodes is testament to the fact that BTC's present course is locked in and you can't do anything to change it, unless you can build a layer on top of Bitcoin that is more to your liking.  You're free to do that too.

I see what you're doing.  You want more people to feel the way you do.  That's why you're taking thinly-veiled potshots at the current roadmap in most of the topics you participate in.  No one's falling for it.

predicted insult confirmed

the refernce client roadmap only under 40% traffic.
both of wanting to use their route between november 2016 and summer 2017.
and also under 40% now of wanting to use their vehicles designed for their route.
but lets address the summer of 2017
obviously that was not good enough stats for the reference client teams roadmap to be the main road. and so
there was a mandated follow only this route and comply to only this route or find yourself moved out of town.
that is not consensus

even the misdirection alternative road called segwit2x was designed by the same group to appear like people could travel a different direction in august while remaining in the same town. but by november they realised that road was never a new direction but a one way street that u-bends back to the reference clients road

but why. i predict the standard reply. if you dont like the town with only one road. get out of town

[LeGaulois]

A regulation in my country so strict that it decides to ban any cryptocurrency activity. When you use an exchange with your bank account it's easy to know you're in crypto. I am not ready and it doesn't worth to be jailed for something just financial. I could move to another country but I love mine. The Gaule will rule the world

[Bakul_cacing]

Bitcoin is the largest and most valuable coin in the world of cryptocurrency and has been done very well. At present there is no logical reason to leave bitcoin but one reason if bitcoin becomes a security token that makes it under government regulations.

that's the reason why I'm involved in bitcoin

[khufuking]

That event for me would be the moment a hard fork like BCH succeeds in taking over BTC place that would be the true nail. I believe that there is no possibility that BTC would become a centralized currency and with all the attempts we are seeing from everywhere to control BTC I don't see anyone that have a chance to do so, the centralization of BTC is something I am not worried about because it's never gonna happen, people are mixing the centralization of the exchanges with BTC which is totally different and totally unrelated to BTC itself.

The centralization would come from a fork of BTC, not BTC itself.

[Kprawn]

A regulation in my country so strict that it decides to ban any cryptocurrency activity. When you use an exchange with your bank account it's easy to know you're in crypto. I am not ready and it doesn't worth to be jailed for something just financial. I could move to another country but I love mine. The Gaule will rule the world

You can always move temporarily, because a lot of people are doing that. My neighbour stays here in Summer and then he

relocates to another country for 6 months to avoid the cold winter. Alternatively, you could spend your bitcoins on a lavish

Bitcoin holiday in another country, where Bitcoin is allowed. A ban is not the ultimate way to stop Bitcoin, it just fills the tax

pockets of other countries where it is allowed.