How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
I think Bitcoin will dead if every country decides to ban Bitcoin permanently,then,no demand, no users, no transactions. This is the most direct reason.Of course, I don't want this day to come.
I really doubt that "every" country will decide to ban bitcoins permanently. There will always be a country that will choose to not follow the trend and decide by himself. Just think about it, if every single country has banned bitcoins except you, then all of the exchange sites will be based on your country. Thus, you will earn all of the tax that every country used to earn from exchange sites.
Let's say that hypothetically all countries decide to ban bitcoins. People will just do person-to-person trading and bitcoin will be seen as purely a black market. Seriously, tons of things are banned in this world but how come people are still doing it as if it's not against the law at all.