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Author Topic: In what situation would Bitcoin die?  (Read 3231 times)

Offline Claus

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Re: In what situation would Bitcoin die?
« Reply #15 on: August 29, 2018, 10:29:29 AM »
To me btc will only die when the technology on which it was built is destroyed or when no one choose to sell and buy anymore which can't happen in the ecosystem.

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Re: In what situation would Bitcoin die?
« Reply #15 on: August 29, 2018, 10:29:29 AM »

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Re: In what situation would Bitcoin die?
« Reply #16 on: August 29, 2018, 02:12:27 PM »
bitcoin will die if all investors no longer want to come to bitcoin, and there is no internet network or the government blocks internet in their country. so that no one can connect with each other ..
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Re: In what situation would Bitcoin die?
« Reply #17 on: August 29, 2018, 04:40:29 PM »
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Making it a crime by governments to mine, hold, or operate services and exchanges of bitcoin, would probably kill it, or at least keep it out of hands of average people, and be more of an illegal black market currency.  Its probably not to hard to find out where the major mines are based on electricity consumption.  They could also ban electricity use for mining.
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Re: In what situation would Bitcoin die?
« Reply #18 on: August 29, 2018, 05:10:44 PM »
several countries bitcoin been banned but they continue to use it,people need this currency it wil survive.I didn't see bitcoin is dying,everywhere bitcoin excess continuous it's popularity
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Re: In what situation would Bitcoin die?
« Reply #19 on: August 30, 2018, 01:59:19 AM »
I do not think that it will die completely, but if the US, Russia, China or the European Union impose ban, this will strike a huge blow. Of course, such a possibility is too small but, Trump could write a tweet tomorrow and explain that he would ban all the cryptos.
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Re: In what situation would Bitcoin die?
« Reply #20 on: August 30, 2018, 02:44:19 AM »
Let us accept the fact that bitcoin will end if there will have serious and widely calamity that makes it to the point of shutdown the system. This is just temporary so it means bitcoin will remain and maybe forever.
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Offline Hexsas

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Re: In what situation would Bitcoin die?
« Reply #21 on: August 30, 2018, 04:24:38 PM »
I doubt bitcoin will die because of global regulations, and even though bitcoin doesn't get legality, bitcoin will survive. Bitcoin will survive and not easily die because bitcoin is a future technology.

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Re: In what situation would Bitcoin die?
« Reply #21 on: August 30, 2018, 04:24:38 PM »


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Re: In what situation would Bitcoin die?
« Reply #22 on: August 30, 2018, 04:40:57 PM »
When there are no more people who believe in Bitcoin, or have disconnected the internet network. then that's when Bitcoin will die, but in my opinion it will be difficult to happen, Bitcoin will continue to live to the end.
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Re: In what situation would Bitcoin die?
« Reply #23 on: August 30, 2018, 06:15:19 PM »
Don't think there is scenario when Bitcoin may come to an end. There are too many people having it and using it and more and more companies start to take Bitcoin as a payment. Even if most of the countries will ban it - it will continue to live.

Agree with you mate. As long as there are so many believers of bitcoin, it wont easily die but rather it will continue to spreading worldwide whatever negativity going to happen. Maybe if internet globally shutdown it can totally shutdown bitcoin also and maybe it will die.
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Re: In what situation would Bitcoin die?
« Reply #24 on: August 30, 2018, 07:03:29 PM »
Bitcoin will always be there and won't die! because I know, Bitcoin has advantages and convenience in transactions compared to ordinary Fiat money. for this reason, Bitcoin owners and investors will not leave it.

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Re: In what situation would Bitcoin die?
« Reply #25 on: August 30, 2018, 07:07:34 PM »
When the price of Bitcoin falls too deep, investors leave it. and there are no more people who believe in Bitcoin, then that time was the time of the destruction of Bitcoin. but that also won't happen.

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Re: In what situation would Bitcoin die?
« Reply #26 on: August 30, 2018, 11:45:15 PM »
if the Internet is lost all over the world, only in this case bitkoyn can disappear as a credit currency, you should understand that this is impossible for understandable reasons

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Re: In what situation would Bitcoin die?
« Reply #27 on: August 31, 2018, 12:49:42 AM »
For me very impossible bitcoin will die there operations because this is now known and very popularity all over the world but in order to regarding your topic if it will be happened for the situation bitcoin will die possible all connected in bitcoin will be be quite and the investors will not be back in bitcoin operations likely in cryptocurrency.
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Offline Mwkakul

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Re: In what situation would Bitcoin die?
« Reply #28 on: August 31, 2018, 01:46:20 AM »
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin can die if there are no suppliers or investors who do not invest in bitcoin because that is vital for bitcoin because Ethereum has fallen far and returned as early as 2017

Offline obito uciha

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Re: In what situation would Bitcoin die?
« Reply #29 on: August 31, 2018, 05:00:59 AM »
bitcoin will die if the worldwide internet connection is disabled

 

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