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Author Topic: what happens if Bitcoin dies  (Read 2862 times)
OrangeSeller
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June 06, 2019, 07:01:08 AM
 #221

In my opinion, there's no way bitcoin can die out from cryptocurrency. If Bitcoins happens to die then all other crypto coins will be nothing because bitcoin has an influence on other coins.
Well I think that Bitcoin is not going to disappear do not worry. If it disappeared, it will hurt many investors and companies which are using Bitcoin as a mainstream and the ease of making thing happen will no more be there so I think this will be a terrible scenario. It would be great to have a nice thriving Bitcoin market and a prolonged bull run.
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June 06, 2019, 09:46:20 AM
 #222

Bitcoin dies will affect all of the first altcoin, and I think altcoin will die before Bitcoin returns to zero because people sell all altcoin to get bitcoins because bitcoin always has the largest volts.
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June 06, 2019, 01:44:48 PM
 #223

of course if bitcoin dies then the altcoins prices will go down and bitcoin will be replaced by other coin (Let's say bitcoin cash, ethereum, or maybe ripple).
and the thing what make bitcoin dies, is when bitcoin no longer used as a means of payment and investment.

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June 06, 2019, 02:05:18 PM
 #224

I don't think anything can make bitcoin die. Unless the developers decide to end the existent of the project but c'mon, no one will do that seeing the project is such a success.

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June 06, 2019, 02:14:48 PM
 #225

we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?
I think if bitcoin dies one of the best coin will replace it but I honestly think that cryptocurrency will never be the same again. If bitcoin dies, the crypto market will surely be at crisis.

I don`t know what could cause for bitcoin to die but I think the government could be a possibility.
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June 06, 2019, 02:20:28 PM
 #226

of course if bitcoin dies then the altcoins prices will go down and bitcoin will be replaced by other coin (Let's say bitcoin cash, ethereum, or maybe ripple).
and the thing what make bitcoin dies, is when bitcoin no longer used as a means of payment and investment.
I don't think if bitcoin will die another coin will be replaced to Bitcoin. Because if BTC will die no coin will be alive without bitcoin so it is not possible that another coin will be replaced to bitcoin. actually personally  I can not think bitcoin will die so sooner. thanks

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June 06, 2019, 02:22:55 PM
 #227

Imagine the "Great Depression", that same scenario will be happening once BTC crashes down to 0, but it will be in a much larger scale as opposed to the after mentioned historical event. The reason is because of the influence of the internet and considering that more that 50% of the market is being held by BTC once is crashes that will be more than $120 billion of investments that will be gone.  
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June 06, 2019, 02:30:40 PM
 #228

of course if bitcoin dies then the altcoins prices will go down and bitcoin will be replaced by other coin (Let's say bitcoin cash, ethereum, or maybe ripple).
and the thing what make bitcoin dies, is when bitcoin no longer used as a means of payment and investment.
The price of altcoin drops is only a minor problem when bitcoin dies, the bigger problem is the replacement of altcoin, we should understand the position of bitcoin in the market, it is too important, another altcoin that wants to replace and take responsibility as bitcoin will be very difficult. Even if other altcoin has the capacity to do that, the community is still very chaotic and cannot accept this event but maybe we won't be able to see this situation when bitcoin is still very strong, it still coming back as every scenario happened in the past.

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June 06, 2019, 02:32:05 PM
 #229

Bitcoin falling to zero will be something close to impossible. Bitcoin might fall/raise but if we study Bitcoin for me I don't thing it can fall to zero.
But if to assume of Bitcoin falling then other coin too won't be a save place to stay.

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June 06, 2019, 02:32:38 PM
 #230

Of course if bitcoin dies it will have a huge impact on crypto investors who have invested money in this business. They will automatically lose, and traders are the same
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June 06, 2019, 02:33:42 PM
 #231

what Bitcoin die ? how can ? and what happen ?

i think Bitcoin will never die when it born and always be exist in this world ever.
but when Bitcoin die is the time when Internet is die too, because no internet is mean no mining, no trading and no transaction in cryptocurrency.
no internet is impossible thats why no Bitcoin is impossible too.

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June 06, 2019, 03:48:03 PM
 #232

we all know that Bitcoin is the best crypto right now.
and many people argue that Bitcoin is the main crypto that greatly affects the crypto market.
my question is, if Bitcoin dies in your opinion, what will happen to crypto and what do you think can make Bitcoin die?

If it dead, i think many peoples would suffer from great loss.
Miners, investors, traders who hold their asset in bitcoin or mining bitcoin, would experience huge loss.
Many peoples has already trust bitcoin, so bitcoin won't dead in the future.

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June 06, 2019, 03:58:40 PM
 #233

If that happens. I think it is a heavy loss of the crypto market. Bitcoin is the king that originates this market and has a great influence on every aspect and attractiveness of the market. The value of bitcoin represents the strength and popularity of this market. Of course, we all know that this cannot happen Smiley)

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June 06, 2019, 04:06:06 PM
 #234

if that thing happens, then everyone wishes that bitcoin had never been in this world because if bitcoin dies it means everyone losses their assets in crypto!
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June 06, 2019, 04:08:00 PM
 #235

That is highly impossible. But iff it really happens there are two options.
1. There will be an altcoin that will overbeat and replace Bitcoin.
2. All cryptocurrencies will die.


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June 06, 2019, 04:09:40 PM
 #236

If that happens. I think it is a heavy loss of the crypto market. Bitcoin is the king that originates this market and has a great influence on every aspect and attractiveness of the market. The value of bitcoin represents the strength and popularity of this market. Of course, we all know that this cannot happen Smiley)

crypto's power lies in bitcoin, so maybe if bitcoin experiences the death of the cryptocurrency cycle it will be disrupted and maybe the cryptocurrency won't last longer.

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June 06, 2019, 08:18:31 PM
 #237

Bitcoin dying off is not going to happen especially with the recent adoption of cryptocurrency by different companies and organizations. Even if Bitcoin dies, there will be no end to crypto cause many other coins will take its place.
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June 06, 2019, 08:24:10 PM
 #238

First of all, bitcoin wouldn't die and it would continue to lead the crypto market. It can only die, if there is better technology available in future that can replace it.

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June 06, 2019, 08:28:11 PM
 #239

That is highly impossible. But iff it really happens there are two options.
1. There will be an altcoin that will overbeat and replace Bitcoin.
2. All cryptocurrencies will die.
if there are two options, I will ask you about option 1, who will replace bitcoin? because in my opinion it will lead to option 2
if there is no bitcoin then there will never be crypto and if bitcoin die of course crypto too
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June 06, 2019, 09:06:43 PM
 #240

This is the biggest mistake people make about crypto: the idea that a coin can "die"

blockchain technology is an open source, globally distributed cryptographic ledger.
What that means is that it doesn't belong to anyone, anyone can use it, and anyone can track it.
Basically, as long as even one person is trading, mining, or maintaining a node it isn't dead.

So cryptos may rise and fall in price, but they never truly die.
This is why crypto will be around forever, it belongs to everyone.

but practically speaking, there will be a time when btc doesn't dominate the market like it does now.
In that case you won't see another one dominating, but more realistically three or four sharing around the same weight.

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