Post
Topic
Board Bitcoin Discussion
Re: In what situation would Bitcoin die?
by
CoinThinker
on 12/04/2017, 19:16:05 UTC
There are only two possibilities in which bitcoin can die.

Either people stop using it or there comes some new currency which is better then bitcoins and if that happens then I think bitcoin can disappear in quick time but as of now I think everything is fine with bitcoins.

Very smart, directly to the point. Only these two possibilities could make bitcoin die. But there are infinity causes to reach to these two possibilities, like persons trying to sabotage bitcoin, it's the worse and most dangerous possible cause to the bitcoin failure.
And there are many others causes, we need to be aware about everything to protect bitcoin against threats.
You're both correct mate and what pangia said could happen if care is not taking with issue happening lately concerning the block size ignominious failure and the news about the bitcore/block stream which causes high transaction fees and sloppy transaction confirmation.

If the delay in confirmation issue is not resolved fast then there will be many people who will stop using bitcoins as every one wants instant confirmation and its very annoying to wait for hours especially when you are in urgent need of money.