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Author Topic: Bitcoin Cannot Die. It is Impossible. Under Any Circumstances.  (Read 1576 times)
tbct_mt2
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January 20, 2019, 07:27:11 AM
 #141

In crypto world, bitcoin is a backbone.
Consequently, I can not imagine there is scenario in which bitcoin will die.
Bitcoin will die only when the blockchain technology become useless, that is unrealistic too.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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January 20, 2019, 08:02:40 AM
 #142

everything can end or die even bitcoin but bitcoin won't die that easily, bitcoin is strong and has a great community support.
and I am one of many other people who support bitcoin and believe that bitcoin will continue to grow, although many doubt because the price falls very deep but I believe that bitcoin will rise again, just wait and see.
I agree. There is no permanent in this world, everything change and others ends but the case in bitcoin, it will last long and do not end that easy just because not yet recovers. Transaction is alive and many are using it. Bitcoin will recover and rise again on the right time, have patient and have something while waiting.

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January 20, 2019, 12:28:55 PM
 #143

unless people shows their back, BTC will reign.
logically this is the case if bitcoin dies, so what do humans die of? which controls bitcoin is not human if no human will be extinct bitcoin and since humans are still in the world of bitcoin even when it will not die or become extinct even if that's what we have to think about, don't be afraid that bitcoin will die!
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January 20, 2019, 01:49:28 PM
 #144

I don't agree with that. I definitely believe in Bitcoin's future. But it is not certain that Bitcoin never dies. It may! But it won't possibly.

Bitcoin has a many risks. But yes it has a great community support.

Until bitcoin has support from its users and the community btc can never die and its price to hit zero is not possible because unlike other fiat currencies its supply is limited to a certain number of tokens so such inflation level to become zero is impossible to happen and when considering the demand it is gaining from businesses and new potential investors from all over the world there is a high posibility that it will rise to its previous price level even it might take long time

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January 22, 2019, 07:33:06 AM
 #145

The invention of the BTC has been the beginning and still the figurehead for this movement. But the technology and its development will continue.

I am convinced that we are only at the beginning of a big digital world with corresponding currencies. Even if the volatility is very high, the awareness of Bitcoin is getting bigger and bigger. The development continues and can not be stopped. Big investors are getting more and more into the market, the stock exchanges have discovered the Bitcoin in the form of futures. In other words, bitcoin and crypto currencies are becoming more and more a part of everyday life.

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January 22, 2019, 07:36:12 AM
 #146

Bitcoin cannot die under any circumstances. Ever!

Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed.

I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over.

And I've thought a lot about the answers I got and continued to reflect.

And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4Q

If you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right?

That situation is not possible because bitcoin will not lose its value if there are still demand in the market. The demand is continuing to grow because many people are now starting to adopt bitcoin. We should remove our doubts to bitcoin for us to have more opportunities in earning money from bitcoins.
We can not say that bitcoin will never die because digital technology can be replace from time to time of new advanced technology ,but for bitcoin it will remain strong or it will vanish depending on its support , if it will be supported by the people, the customers ,and investors ,  I think bitcoin will have a long way to go in the digital world.

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January 22, 2019, 12:09:26 PM
 #147

I don't see death coming to bitcoin soon, rationally bitcoin is the most honest technology among other cryptocurrencies. So that its existence will always be special in the eyes of many people. Those who call bitcoin will die are people who gamble against bitcoin, they think bitcoin is a shortcut to collecting money. So that you never think that bitcoin technology is a community technology, on a blockchain network that people are convinced of transparency.
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January 22, 2019, 03:15:30 PM
 #148

Honestly, anything created or form by human being can be destroy or die, irrespective of who built it or formed it;

When it comes to bitcoin, it's really strong and healthy in terms of security and it have stand for the test of time, but as long as we still exist in this planet called earth, any thing is possible, but let's invest wisely, I believe bitcoin have many decades to run .
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January 22, 2019, 07:52:54 PM
 #149

I would put it differently.
At the beginning was just an idea. Over time, this idea was implemented and the product of this idea was called Bitcoin.
As an idea, a bitcoin will live for a very long time (in my opinion), but there is always a chance that a new idea will emerge that will better meet the needs of that time. And then, over time, the Bitcoin idea will go into oblivion.
The Bitcoin product itself, in my opinion, will have a shorter lifespan. Let's face it and recognize that humanity is evolving all the time. Over time, the needs of mankind are changing, the quality of requirements increases. That is why we always live in incessant progress. And it’s absolutely normal that in time the Bitcoin product and Bitcoin idea will no longer meet the requirements of humanity.
So all the same, I tend to think that Bitcoin will die sooner or later.
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January 22, 2019, 08:02:53 PM
 #150

Everything that has a start has an end. Nothing is forever. Bitcoin will die someday, just like humans, just like our planet, even our solar system will end some day.

Only of you can stop the time then bitcoin could last forever. But since that's impossible i have bad news for you. BTC isn't immortal.

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January 22, 2019, 08:04:57 PM
 #151

It's true that Bitcoin prices have declined and a lot of people see it as the end of Bitcoin but that's not true. Every business faces ups and downs and I am very sure this is just another tactic. Many people have earned good profits in it and they are positive about it. Low price doesn't mean that bitcoin is over. I see the future of the world in it as the value of fiat currency is decreasing day by day.
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January 22, 2019, 10:10:04 PM
 #152

It's true that Bitcoin prices have declined and a lot of people see it as the end of Bitcoin but that's not true. Every business faces ups and downs and I am very sure this is just another tactic. Many people have earned good profits in it and they are positive about it. Low price doesn't mean that bitcoin is over. I see the future of the world in it as the value of fiat currency is decreasing day by day.



This topic is definitely important to clarify for lots of people because we are thinking Bitcoin will easily die in this situation and it cannot manage any kind of bad situation but then you people don't know the previous chapter Bitcoin it will be more powerful than before when a bad situation came it will undertake the situation very easily.
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January 22, 2019, 11:57:17 PM
 #153

Everything that has a start has an end. Nothing is forever. Bitcoin will die someday, just like humans, just like our planet, even our solar system will end some day.

Only of you can stop the time then bitcoin could last forever. But since that's impossible i have bad news for you. BTC isn't immortal.
Yeah, there is always an end to everything but for now just look at the good side of bitcoin and take this as an opportunity to live with your dreams. Bitcoin will be more valuable in the future but still no one knows when this era ends but don’t stress yourself knowing when just focus on your goal.
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January 23, 2019, 01:47:01 AM
 #154

Literally bitcoin cannot be destroyed nor created anymore but it can lose its value completely and can become useless at some stage if a crypto made better than bitcoin or no people convert to the crypto currencies or some technology created which can outperform the bitcoin in that case the demand for bitcoin will be none and also the price will become.

That is truth, but i don't believe it will happen in a long long time. It depends in a number of factors to appear and before those factors appear Bitcoin still needs to rise a lot in price and get wide acceptance and adoption before it could eventually be replaced.

That does not mean fiat will disappear in the near future, they will be used together inside the economy i believe.
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January 23, 2019, 03:26:12 AM
 #155

most say that bitcoin last year really dropped the crypto, they often say that bitcoin dies but most of all sometimes I do not believe in that kind of speculation and for me the bitcoin can not die like that It is impossible, however, that all employers are still here and still waiting for the price increase. and if the bitcoin fails last year it is said that such a bitcoin crypto sometimes increases and sometimes low. so do not panic just wait and persist because sooner or later everything will go back to normal. and that's what we are waiting for.
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January 23, 2019, 08:14:05 AM
 #156

I think bitcoin will survive no matter the critics if the internet can survive to this extent despite the debate and negativity that surrounded it same can also happen bitcoin its an idea its abstract how can it die ?
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January 23, 2019, 08:57:54 AM
 #157

Bitcoin can die in someday, but we don't know if that will happen or not in the future. As long as there are many people still using bitcoin for many things especially for the payment system, bitcoin will alive and become stronger than now. I think we will see something good news from bitcoin and it will push the price to the higher price and many people in out there will shock to see why it's happening.

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January 23, 2019, 05:28:37 PM
 #158

Thank you for the video. I understand everything that you wanted to tell and I respect your point of view.
Bitcoin as an idea gave rise to the entire crypto industry. Therefore, in this sense, I'm sure that he will live for a very long time. It is even difficult for me to imagine those times when humanity will become so developed that crypto currency will become a relic of the past. But I can't say that Bitcoin will live forever.
Once paying with paper money, instead of gold, was an incredible innovation, but now we are already talking about the reality when paper money will become unnecessary, because even now you can live using only cryptocurrency.

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January 23, 2019, 08:06:21 PM
 #159

In short, HODL is inevitable, whatever one may say;)))

 

Although it is difficult to condemn people who bought several hundred cuebs for pennies in 2010-2011 and began to actively withdraw funds to Fiat in 2017, having seen their long-frivolous acquisitions turned into numbers with how many zeros.

 

I regret that I was not among those people, although I had met references to bitcoins in specialized journals, such as habrhabr, for a long time.
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January 23, 2019, 08:21:53 PM
 #160

It also depends, the bitcoin or cryptocurrency industry is strong in Africa
Africans are gradually coming into the world of cryptocurrency compare to other continent in the world.
Bitcoin may or may not be impossible to die due to some regulation stories coming in this year. Bitcoin has the power to strive beyond this obstacle and come out victorious.   

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