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Topic: Bitcoin will kill itself - page 16. (Read 4000 times)

legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
June 28, 2018, 01:05:47 AM
The argument that Bitcoin is used for illegal activities is really stupid to be quite honest and it will only be used to tank the price and cause FUD so mainstream adoption doesn't happen any time soon and because most people are like sheep and follow the mass media, they might buy into this crap. So basically before the advent of Bitcoin we were all angels and there were no gun sales using FIAT, or pedophile rings, sex trafficking and drug lords selling drugs to kill kids? Is that what this means lol? This argument is weak because at least Bitcoin has a blockchain and on the blockchain every transaction is recorded, cash sales can be done without any written receipts.  Grin Grin
jr. member
Activity: 125
Merit: 1
June 28, 2018, 01:02:24 AM
when they sell at the lowest price rather than buy again at the lowest price and in this way the big traders who do this they produce well but others will only bear the loss and I think bitcoin does not kill itself, only the traders who lower the price and in results of others start selling
newbie
Activity: 84
Merit: 0
June 27, 2018, 11:14:42 PM
Bitcoin is the most developed currency today, who use it for illegal purposes. And everyone is trying to blame the bitcoin just to blame him. Many resources, not just cryptocurrencies
member
Activity: 97
Merit: 10
June 27, 2018, 10:36:37 PM
No why bitcoin can kill us bitcoin will not kill us it's all just funny we do not have to worry
newbie
Activity: 81
Merit: 0
June 27, 2018, 10:32:15 PM
Nothing can kill bitcoin.Bitcoin communities have large part in bitcoin growth because bitcoin enemy is government and central banks. Government or central banks can not kill bitcoin because bitcoin is decentralized and the data spread all around the world
newbie
Activity: 76
Merit: 0
June 27, 2018, 07:52:56 PM
some reason, bitcoin full of intrigue manipulation of greed, bitcoin inhibit the growth, bitcoin make the process of trade much more difficult. Bitcoin dosent give room for all things being done in the banking sector, hence its preferable.
jr. member
Activity: 192
Merit: 1
June 27, 2018, 07:05:12 PM
maybe If bitcoin is constantly used for illegal things then at any time bitcoin will be eliminated. And if the theft of bitcoin currencies continues without action to be fixed it will cause bitcoin to be slow and abandoned by investors and users.
newbie
Activity: 27
Merit: 0
June 26, 2018, 10:42:32 AM
One of the best features of Bitcoin is it's anonymity. This is also one of the reason why countries are banning or at least hesitant to embrace the technology. From money laundering to illegal drug transactions to human trafficking. We always blame the FUD from mainstream media, financial institutions like banks, the government etal. But do you think, the one that would "kill" Bitcoin is actually the nature of it.

Here's another news where Bitcoin was being used in an illegal activity. This will raise a lot of eyebrows because it concerns our children.

http://www.news.com.au/finance/money/investing/bitcoin-could-become-illegal-after-its-blockchain-was-discovered-containing-child-abuse/news-story/bf486e6e8de453fd7ad2abba019952dd 


That's right. The governments want to control all the transactions in their own country.
newbie
Activity: 28
Merit: 0
June 26, 2018, 10:36:03 AM
he has already killed the campaign, but it's not exactly I advise you to sell bitcoins until you just go and invest in crypto projects that gain popularity and trust eg Socratuhs
newbie
Activity: 60
Merit: 0
June 26, 2018, 10:35:51 AM
Yes. I agree with you. No matter how innovative and outstanding Bitcoin is, its shortcomings are undeniable. In the future to build trust among investors as well as governments, Bitcoin needs improving more. And I think the goverments play an important role in this.
newbie
Activity: 70
Merit: 0
June 25, 2018, 09:24:55 PM
Bitcoin might had shown how powerful it is in past ten years yet still wont be able to replace fiat,And the decentralized nature of Bitcoin is what is going to prevent anyone from killing it.
member
Activity: 280
Merit: 10
June 25, 2018, 06:09:46 AM
I think this anonymity is really big problem as per the news which you are mention, this types of news impacting the devaluation of bitcoin that is why some countries ban bitcoin because they feel thread when this type of problems and worst stories are shown which bitcoin helps the criminal  peoples because money laundering and illegal drug transactions are human traffickings but I think the main problem or the need is to set up the technical improvement in bitcoin technology that will cause to avoid the use of illegal transactions and make safe for the economy.
member
Activity: 351
Merit: 10
June 24, 2018, 11:04:08 PM
There is nothing to blame, depending on how one utilizes it. All at risk and have advantages & disadvantages. Every evil act always has an opportunity, just how you react to it
member
Activity: 574
Merit: 12
June 24, 2018, 10:50:00 PM
The anonymity of bitcoin is not the main reason for its non-acceptance by states. Bitcoin is only relatively anonymous and very rarely used by criminals for illegal purposes - no more than ten percent of cases. The main reason for its non-acceptance is decentralization, the impossibility of its control by the state, as well as its high volatility. As a result, he, having an extremely high cost, demonstrates the signs of a financial bubble. All this pushes the states away from its rapid adoption for walking on the territory of various states. The process is going on, but very slowly.
newbie
Activity: 266
Merit: 0
June 24, 2018, 10:40:40 PM
One of the best features of Bitcoin is it's anonymity. This is also one of the reason why countries are banning or at least hesitant to embrace the technology. From money laundering to illegal drug transactions to human trafficking. We always blame the FUD from mainstream media, financial institutions like banks, the government etal. But do you think, the one that would "kill" Bitcoin is actually the nature of it.

Here's another news where Bitcoin was being used in an illegal activity. This will raise a lot of eyebrows because it concerns our children.

http://www.news.com.au/finance/money/investing/bitcoin-could-become-illegal-after-its-blockchain-was-discovered-containing-child-abuse/news-story/bf486e6e8de453fd7ad2abba019952dd 


Bitcoin actually is build for the people needs an improvement their living status and this is always available anytime to which you have to decide and collaborate by making business to bitcoin, that's why many types of illegal transaction are usually in and out without any hesitation because of not too much tight regulation prohibited which is approved or not. but if they will made and additional features of bitcoin that expected secured and determined the scammer and not allowing the organization who try to use the name of bitcoin for their illegal activities, I think many people are embraced again of bitcoin.
member
Activity: 392
Merit: 10
June 24, 2018, 10:22:21 PM
I think from the beginning bitcoin never did anything. Anonymity is a special character and also a weakness of bitcoin. It is used by many people who are not responsible. So, I think it's not a bitcoin error. Maybe, someday the system on bitcoin will be improved. If the dead bitcoin is the act of the user, I think like that.
newbie
Activity: 140
Merit: 0
June 24, 2018, 10:08:31 PM
Many sites oblivious net works with bitcoin and that there just live crap and waste of our human culture. We can't point the finger at bitcoin for that, as it is the same as accusing web why explicit entertainment exists. The media that distributes these articles needs to have more perspectives and more perusers and it will effectively accomplish this objective.
member
Activity: 350
Merit: 11
D.U.G
June 24, 2018, 10:07:01 PM
This is double sidede knife actually. BTC cons and pros. People prefer anonymty but goverments and financial institutes don't like privacy :/
Might be because it is used in illegal trades? I think.
newbie
Activity: 210
Merit: 0
June 24, 2018, 10:04:30 PM
After I think about it, you are right with your opinion.
Bitcoin is famous for its anonymity, many countries are banning the use of Bitcoin because it is considered at high risk for illegal jatropha.
I think the nature of Bitcoin is still a debate among many parties, some are defending it and some are rejecting it.
Actually, Bitcoin is a risky currency.
full member
Activity: 1120
Merit: 101
June 24, 2018, 09:44:44 PM
Bitcoin is very useful cryptocurrency and having a lot of investment and a huge trade volume in the world the demand is increasing and buying volume is also increasing that is showing bitcoin will not kill himself,


bitcoin has a very large community that makes bitcoin value too high, I'm not sure if bitcoin will kill and harm us, bitcoin provides a lot of benefits to us financially. so do not even think if bitcoin will kill us.
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