Quote from: Nachalnik on March 13, 2017, 02:10:22 PM

Quote from: savioroshan on March 13, 2017, 01:43:59 PM

In my opinion, bitcoin wont die. It wont happen . Because nowadays many people started to prefer bitcoin over fiat currencies because of its wonderful features. Bitcoin's price can crash if many countries ban the usage of bitcoin. Or if any hacking or anything similar to that happens, definitely its price will crash. But it wont die.

agreed, it can take a hit, but cryptocurrencies are here to stay. And the governments know it, so I doubt they will ban it...the sooner they can find a way to regulate it though, the quicker it will become the new standard.

The beauty of bitcoins is that even if a hacker hacks half the bitcoins then still he has to sell them in market, right ?
and in doing so the hacker himself gives rise to the market as more people would buy and hence again growing community.

I agree with you completely here and bitcoins may just die in one situation if miners stop mining bitcoins, which is not gonna happen as it has become as a million dollars industrial business.

In every aspects bitcoins satisfy the basic aspects of general economics. Hence, sudden falling down not at all possible.