It is widely believed in the crypto space that Bitcoin cannot die. Th ...

in DBuzz2 years ago

It is widely believed in the crypto space that Bitcoin cannot die.

This belief is false - unless you accept that hard forks which change the rules of Bitcoin can still be Bitcoin.

There are plausible scenarios where blocks stop coming that can only be recovered by hard fork.

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Some people think $BTC my due to the likes of something like $XMR.

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This is interesting to know... I dont think It could go back again to 0$

That’s a theoretical fact. How real will that be. The value of bitcoin must go really low to make that happen . Maybe worth less than a cent

No. The price only needs to go low enough that even highly long-term oriented miners are losing more money than they can afford to or can justify based on the current mining difficulty. And that is not the only scenario by which it can fail catastrophically, although it's probably the most likely.

Oh okay. Thanks for the enlightenment

Many people still have strong hope for BTC