But what is the defenition of Bitcoin being dead? Just no miners and no buy or sell power? Who desides what the defenition are as it will always be available it's just up to us, the people.
It will never die in my defenition atleast.
What's your definition of bitcoin's death? I think the scenario where bitcoin dies is when there's no more people using it or there's very little amount of people that are interested in it. I don't think it will come to a time when there's no miner at all since a regular guy can use his computer to start mining bitcoins. Combining tons of regular guys will be the same power as a decent mining farm.
I think no buy/sell power means that no one's using bitcoins at all and that means that bitcoin has already dead and it's not a situation where bitcoin will die.
I buy your explanation, though in my opinion it can never die, it can just be unactive.
Best Regards,
A simple but better explanation. Inactivity will be the only reason for it to be forgotten.
Look at other coins that have boomed for a while and so much are talking about the certain coin. Now what?
This is what happens with the internet. You become popular then you get old and forgotten.
Keeping up new projects that is bitcoin related will really make a difference for people not to get bored with it. We are needed to be upgraded, because bitcoin wont.
This is true,without any activity would really make bitcoin popularity would lessen and i do agree on what you have said is that all things have its own hype and time but it gets older as the time goes by and becomes boring in longer runs which causes for people to lose its interest until it is forgotten already.