What Would Happen If Bitcoin ?Disappeared Tomorrow

[Gozie51]

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

You can be worried if you are actually talking about having no volume and it worth amounts to nothing in your wallet but if you are referring to disappearance of bitcoin in every wallet and exchanges then it is a fallacy. There is no way to visualise bitcoin disappearance for all individual wallet, it is not possible but a collapse of the price to worthless value will lead to distrust in the crypto market which will be a very big shoe for any coin to wear.

[BADecker]

What Would Happen If Bitcoin ?Disappeared Tomorrow


Why wait? Disappear it now.

[Cityhunter34]

I know it sounds like an impossible question but just imagine for a moment if Bitcoin suddenly stopped existing What would happen to the markets the people who invested their savings and the businesses built around it Would another cryptocurrency quickly take its place or would the whole idea of decentralized money lose trust

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

Having this mindset toworks Bitcoin might likely result to losing interest, more especially the new beginners that are still looking for on Bitcoin investment. Because as far as I know Bitcoin would never in any way disappear any time soon, it has been there since and it'll definitely going to continue because the future is always bright. Normally, we all know that everything is possible to happen at any given time but even as that Bitcoin would still be the father in the future.

[aylabadia05]

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

Of the many answers to your topic title, this is one of them. The Bitcoin community is not small. It ranges from ordinary people to powerful individuals in every corner of the world.
Bitcoin is a peer-to-peer electronic currency, and many users consider it a long-term investment asset.

The world recognizes Bitcoin's advantages, even if some are reluctant to acknowledge its superiority. As a free currency that doesn't require a third party, many find it convenient to use Bitcoin for transactions.
Even if a country bans Bitcoin, its users can still access it as long as internet access is available.

Don't be too afraid of such thoughts. No one will regret holding Bitcoin.
Some major countries will even use Bitcoin as a reserve currency.

[Floxynice]

I know it sounds like an impossible question but just imagine for a moment if Bitcoin suddenly stopped existing What would happen to the markets the people who invested their savings and the businesses built around it Would another cryptocurrency quickly take its place or would the whole idea of decentralized money lose trust

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

Having this mindset toworks Bitcoin might likely result to losing interest, more especially the new beginners that are still looking for on Bitcoin investment. Because as far as I know Bitcoin would never in any way disappear any time soon, it has been there since and it'll definitely going to continue because the future is always bright. Normally, we all know that everything is possible to happen at any given time but even as that Bitcoin would still be the father in the future.

If a newbie is skeptical about investing in bitcoin because he thinks Bitcoin might disappear one day, that's his fears and he will have to deal with it. I won't convince anyone who thinks this way about Bitcoin to invest in Bitcoin. Bitcoin investment is a risky one that is best for the individual who wishes to invest to take his time to analyse everything and arrive at a decision which is best for him.

I actually think it is best for people to think both positively and negatively about Bitcoin. Those imaginations and thoughts about Bitcoin should be put into consideration before making any decision. You might think it's irrelevant, but there are actually people who panic everyday because they feel their investment might vanish any minute.

[Woodie]

For Bitcoin, that Day isn't coming!!!!

To be honest let's just not over think about some of these things...in the first place we need to know the model that Bitcoin is built on which is a decentralized system, so for it to just drop tomorrow from nowhere isn't possible based on its operating structure, but had it been some centralized coin then chances of it not been there are available!

If say the internet wide world was completely shutdown then it's daily usage could be cutoff that's for sure .

[Royal Cap]

I know it sounds like an impossible question but just imagine for a moment if Bitcoin suddenly stopped existing What would happen to the markets the people who invested their savings and the businesses built around it Would another cryptocurrency quickly take its place or would the whole idea of decentralized money lose trust

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

I give a hypothetical answer to your hypothetical question, if Bitcoin magically disappears, it will be a huge shock to the market and many will lose confidence in crypto in the short term. Those who invested their savings in it will be severely hurt and some businesses founded on it will collapse. I also believe that another cryptocurrency could try to replace it but it will take some time to regain the same level of trust and awareness as Bitcoin. Over time the world may get used to it but the initial impression will be too much and many will become extremely pessimistic about decentralized money.

[YOSHIE]

What Would Happen If Bitcoin ?Disappeared Tomorrow

Say as you think, Bitcoin is no longer there, of course you will buy in 2008 when Bitcoin has not been created, what people did to the economy at that time, of course that should have happened.

But all that can happen if the internet is lost in this world, while the internet is active and can be accessed I think Bitcoin remains, but when that happens, no one knows.

OP should not think of negative things about Bitcoin, take advantage of the presence of Bitcoin in the current market, I'm sure your dulan leaves the world rather than Bitcoin, maybe you are no longer in this world Bitcoin is still there, it has been felt by Bitcoin users before and at this time.

[tbct_mt2]

What Would Happen If Bitcoin ?Disappeared Tomorrow

Your bitcoin can disappear tomorrow but Bitcoin blockchain will be there and its blockchain data will be stored very decentralized by many Bitcoin users from full nodes to prune nodes.

Say as you think, Bitcoin is no longer there, of course you will buy in 2008 when Bitcoin has not been created, what people did to the economy at that time, of course that should have happened.

But all that can happen if the internet is lost in this world, while the internet is active and can be accessed I think Bitcoin remains, but when that happens, no one knows.

OP should not think of negative things about Bitcoin, take advantage of the presence of Bitcoin in the current market, I'm sure your dulan leaves the world rather than Bitcoin, maybe you are no longer in this world Bitcoin is still there, it has been felt by Bitcoin users before and at this time.

OP is either curious or fearful about a future in which Bitcoin no longer exists but he forgets that Bitcoin blockchain is decentralized with many Bitcoin users globally who download a Bitcoin wallet software, install it, do Initial Block Download IBD and have many blockchain data on their devices. It's how a Bitcoin network works very decentralized from operations to storages.

Bitcoin won't disappear entirely on Earth because strength of decentralization it has.

[Bitcoin_people]

I think this is completely unreasonable, because Bitcoin will never be like this, because the world's big investors have invested their money here, and Bitcoin is currently the most popular currency. Moreover, we are very confident in Bitcoin, so we should never think negatively, but it is better to always think positively about the Bitcoin market. And anyway, since you have asked such an unreasonable question, I think if this happens, then there is a possibility that the crypto market will almost completely collapse. Because of Bitcoin, the crypto market is currently so popular and has a high position and has gained popularity, if this Bitcoin does not exist, then the crypto market will definitely collapse. However, I believe that Bitcoin will improve more in the future, but we know that there may be volatility in the market, so the market may fall, but it will not completely collapse.

[Silikiem]

I think this is completely unreasonable, because Bitcoin will never be like this, because the world's big investors have invested their money here, and Bitcoin is currently the most popular currency. Moreover, we are very confident in Bitcoin, so we should never think negatively, but it is better to always think positively about the Bitcoin market. And anyway, since you have asked such an unreasonable question, I think if this happens, then there is a possibility that the crypto market will almost completely collapse. Because of Bitcoin, the crypto market is currently so popular and has a high position and has gained popularity, if this Bitcoin does not exist, then the crypto market will definitely collapse. However, I believe that Bitcoin will improve more in the future, but we know that there may be volatility in the market, so the market may fall, but it will not completely collapse.

Of a truth, nothing is guaranteed in bitcoin investment, anything can happen at any given time and that’s the nature of the cryptocurrency space. Bitcoin isn’t an exception to this volatility but it has proven to be a stand out asset among others in the sense that over the years bitcoin have proven to be the world’s leading most Valuable Asset and has continued to gain more value and popularity across the globe. The fact that nothing is guaranteed in bitcoin doesn’t mean that it will just vanish one day, but there’s a possibility that it’s value can reduce which we have witnessed often times, and it has also been able to increase in value after going down for some periods. So bitcoin cannot vanish away but rather it may possibly reduce in value at some point and also regain its value and even hit a new level of all time high.

[chainganginc]

I know it sounds like an impossible question but just imagine for a moment if Bitcoin suddenly stopped existing What would happen to the markets the people who invested their savings and the businesses built around it Would another cryptocurrency quickly take its place or would the whole idea of decentralized money lose trust

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

Having this mindset toworks Bitcoin might likely result to losing interest, more especially the new beginners that are still looking for on Bitcoin investment. Because as far as I know Bitcoin would never in any way disappear any time soon, it has been there since and it'll definitely going to continue because the future is always bright. Normally, we all know that everything is possible to happen at any given time but even as that Bitcoin would still be the father in the future.

If a newbie is skeptical about investing in bitcoin because he thinks Bitcoin might disappear one day, that's his fears and he will have to deal with it. I won't convince anyone who thinks this way about Bitcoin to invest in Bitcoin. Bitcoin investment is a risky one that is best for the individual who wishes to invest to take his time to analyse everything and arrive at a decision which is best for him.

I actually think it is best for people to think both positively and negatively about Bitcoin. Those imaginations and thoughts about Bitcoin should be put into consideration before making any decision. You might think it's irrelevant, but there are actually people who panic everyday because they feel their investment might vanish any minute.

What other coins are you invested in?  What do you think about the quantum computer threat in  the future?

[Floxynice]

I know it sounds like an impossible question but just imagine for a moment if Bitcoin suddenly stopped existing What would happen to the markets the people who invested their savings and the businesses built around it Would another cryptocurrency quickly take its place or would the whole idea of decentralized money lose trust

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

Having this mindset toworks Bitcoin might likely result to losing interest, more especially the new beginners that are still looking for on Bitcoin investment. Because as far as I know Bitcoin would never in any way disappear any time soon, it has been there since and it'll definitely going to continue because the future is always bright. Normally, we all know that everything is possible to happen at any given time but even as that Bitcoin would still be the father in the future.

If a newbie is skeptical about investing in bitcoin because he thinks Bitcoin might disappear one day, that's his fears and he will have to deal with it. I won't convince anyone who thinks this way about Bitcoin to invest in Bitcoin. Bitcoin investment is a risky one that is best for the individual who wishes to invest to take his time to analyse everything and arrive at a decision which is best for him.

I actually think it is best for people to think both positively and negatively about Bitcoin. Those imaginations and thoughts about Bitcoin should be put into consideration before making any decision. You might think it's irrelevant, but there are actually people who panic everyday because they feel their investment might vanish any minute.

What other coins are you invested in?  What do you think about the quantum computer threat in  the future?

Risk! Risk!! Risk!!! I have not failed to say that investing in Bitcoin is a risky journey only brave people embark on. Thoughts like this about the future will not stop a real bitcoiner from accumulating bitcoins, the weak will obviously make excuses. Let the future decide for itself, definitely if we get to that stage where the quantum computers tends to become a threat to Bitcoin, we will get over it just the same way Bitcoin has overcome many challenges since its creation.

[KiaKia]

What Would Happen If Bitcoin ?Disappeared Tomorrow


Why wait? Disappear it now.

Can't blame him, this question is the biggest stupid question I've seen this week so far and I bet that OP have no idea what Bitcoin really is, anyone who have gone through the definition of Bitcoin can never ask a question this stupid.

It seems most newbies nowadays want Bitcoin to seize to exist somehow, if you try to confuse them they will come up with quantum computer threat next, it seems these people have no clue.

It's not a must to get involved with Bitcoin, if you don't like the idea you can just avoid it the technology all together, you don't have to wish the system bad or something.

[WatChe]

Bitcoin is not just limited to it's community members but now big companies are also investing in Bitcoin and governments are adopting it. That's why we are seeing Bitcoin price at current high value of 120k and it's now almost certain that very soon we will see price of Bitcoin at 150k. It's now possible that Bitcoin will cease to exist because it has now a huge number of stakeholders that won't let it go down.

Now to OP question, even if Bitcoin is no more then life will continue like it was before the invent of Bitcoin.     

[Mate2237]

Bitcoin is a phenomenal that can't be stopped at this point in time so there will not be a time that Bitcoin will even cease to exist OP because Bitcoin is reshaping the financial sector that is why the price of Bitcoin has been on the rise especially now that more people are getting to know the power of Bitcoin so Bitcoin will not cease at any point in time


This question should have been asked by a non forum member OP because by getting to be a member of this forum I suppose that you should have gotten to a point where you should been convinced about Bitcoin so the thought of Bitcoin disappearing in the future should not cross your mind OP because it's not possible

[Sonia_123]

I know it sounds like an impossible question but just imagine for a moment if Bitcoin suddenly stopped existing What would happen to the markets the people who invested their savings and the businesses built around it Would another cryptocurrency quickly take its place or would the whole idea of decentralized money lose trust

Thinking about this makes me realize how much Bitcoin has become a part of our financial world and how many people depend on it now I am curious what you all think Would the world adapt quickly or would it cause a major shock to the global economy

The world will continue from where it stopped before Bitcoin was created and for those that utilizes the existence of Bitcoin will be forever grateful to Bitcoin, and those that do not will keep on regretting their actions.

It will be a very bit shock and disappointment to the world because she has been benefiting and enjoying a lot of financial freedom from out of traditional banking and the easy nature of digital currency .

[pawanjain]

We all know that is highly unlikely to happen since bitcoin has come a long way since its inception and so its impossible for it to disappear overnight.
If at all we come across such a scenario then we would be seeing a lot of panic in the market.
There are billions invested in bitcoin and it would create a massive collapse in the economy.
The financial strain would also impact other financial markets and it can trigger a butterfly effect.

[programmer3666]

Sudden and complete disappearance of Bitcoin as financial asset is not possible scenario due to its fundamental design. Bitcoin is not company or server or institution that can be shut down. It is decentralized,  global network of computers and its blockchain is public open source ledger. For Bitcoin to disappear every single computer running network across globe would need to be simultaneously turned off. This is logistical and physical impossibility. Network resilience is core part of its value and it is specifically engineered to have no single point of failure.

Exactly Bro!! you are spot on  Personally i think thatx kind of the real strength of Bitcoin itself..... it is unlike the traditional company, bankx or even government office that one person can just wake up and decide to lock up or shut down!!! Bitcoin lives on a decentralized network of thousands of computers around the world... Itx blockchain is open for everyone to see nd there is no single point anyone can attack to bring it down. I beliv strongly that for bitcoin to vanish every computer across the globe running the network would have to be switched off at the same time & thatx like  practically almost impossible... thiss kind of resiliience is why many people see bitcoinBTC not just as money but as freedom annd one of the strongest financial systems ever built.... it is growing and it will keep growing.

Before we think of the impossible, we should also think of the chance for such a thing to happen. The chance for Bitcoin to disappear is very slim for all I know. For that to even happen, there will be traces of how it happened, what led to that. We can't wake up to see on of a sudden that Bitcoin has disappeared in the twinkle of a eye

It's weird for any of us to come up with the imagination of Bitcoin disappearing anyway. The least thing Bitcoin can do is either crash in price or skyrockets, as we have been seeing it do, to fluctuate daily

Bro! true talk the idea of bitcoin just disappearing overnight is realy far fetched for somethin like that to even happen i think there would have to be clear reasons and visible traces no matter what!!! it can’t just vanish in a twinkkle of an eye as the ecosystem grows what we actually see with bitcoin is the remakable usual nature of sometimes xperiencing the price dips and sometimes it skyrockets and it keeps fluctuating on a daily basis. thatx  the the beauty of the real story of bitcoin!! unpredictable in price, but very secure in existence....

[FortuneFollower]

We all know that is highly unlikely to happen since bitcoin has come a long way since its inception and so its impossible for it to disappear overnight.
If at all we come across such a scenario then we would be seeing a lot of panic in the market.
There are billions invested in bitcoin and it would create a massive collapse in the economy.
The financial strain would also impact other financial markets and it can trigger a butterfly effect.

Bitcoin is as big and sturdy as to say that such a thing will never happen, in one day especially..