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Topic: Bitcoin will kill itself - page 2. (Read 4000 times)

jr. member
Activity: 140
Merit: 6
September 28, 2018, 05:01:04 PM
No. What makes you think so. I understand bitcoin is being faced with challenges lately but it's able to recover from its challenges. Bitcoin will forever remain the king of cryptocurrency and it's not going to die anytime soon.
full member
Activity: 518
Merit: 100
September 28, 2018, 03:40:50 PM


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.

As if carrying out illegal operations is possible only with the help of bitcoin. Only the very fact of having the required amount of currency is important, regardless of whether it is fiat or crypto. But the media specifically inflate such news (or come up) to reduce the prospects of cryptocurrency.
sr. member
Activity: 730
Merit: 250
September 28, 2018, 03:31:13 PM
Let's assume that there is no bitcoin.What would drug dealers and terrorists do?Do they really not have found another way to get or send money?I do not see objective reasons to accuse bitcoin of bad deeds.And without it, crime was as it is.
member
Activity: 216
Merit: 13
September 28, 2018, 03:09:10 PM
Cash can also be getting used with regard to technologies too. I actually do not really believe it will likely be an issue following getting the required safeguards. The end result is actually technologies which have created because of this particular foreign currency and it has several benefits.
member
Activity: 255
Merit: 12
September 28, 2018, 03:05:40 PM
If Bitcoin will kill itself like bitcoin would have dead long time ago. People just spread false speculations about bitcoin without having any evidence to back their speculations. I always hear people saying bitcoin will be used for money laundering and illegal or criminal activities but these activities have been in existence since the begin of time. 
full member
Activity: 742
Merit: 103
September 28, 2018, 01:15:45 PM
Such speculations and attempts to once again inform the whole world that something is wrong with bitcoin - there will be tens of thousands more. Everyone will try to speculate on the bitcoin in every possible way, even if he does not understand anything about it.
sr. member
Activity: 672
Merit: 250
September 28, 2018, 08:42:53 AM
The most important reason that bitcoin is considered illegal is the transactions of terrorists who used bitcoin.

only a few countries that don't like bitcoin can say that, so if I think bitcoin is a fast and safe asset and transaction tool
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
September 28, 2018, 08:33:30 AM
The most important reason that bitcoin is considered illegal is the transactions of terrorists who used bitcoin.
member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 23, 2018, 06:11:35 PM
There is no way bitcoin will do that. Its actually not their call if they want that. Bitcoin is now being held by big whales, small investors and individuals like us. Don't blame bitcoin for being banned in a country because that is the decision made by the government and they don't have a choice but to obey.Bitcoin is getting more popular and I fail to believe that this will happen.
member
Activity: 200
Merit: 10
September 21, 2018, 10:57:29 AM
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.
hero member
Activity: 1190
Merit: 511
September 21, 2018, 10:43:26 AM
First of all anonymity is what makes bitcoin so good..
And we don't need any regulations, What we really need is crypto independance

That is right, that is why many people are into cryptocurrency because they can free to do what they want specially now that we do still have some lack of regulations for some countries and that we are not yet obliged to pay for tax especially here on my hometown  so we are free for all the fruits of our earnings.
legendary
Activity: 3332
Merit: 1191
September 21, 2018, 09:23:25 AM
First of all anonymity is what makes bitcoin so good..
And we don't need any regulations, What we really need is crypto independance


There are many other things that makes bitcoin so good, anonymity is just an option. If you share you wallet with all informations about yourself you will not be anonymous, but if you wish to be you can do it, you can even use bitcoin mixers to hide tracks to your wallet. Now we are at your second sentence, what we really need is independence but from fiat currencies, because owners of fiat are banks and governments, and crypto can give us that independence, if we know how to use it. We need some kind of regulations, without it we can expect chaos, but crypto is already regulated, it have it`s own laws, there are things you can do, and things you can`t. We all seen million threads about bitcoin death and what can cause bitcoin death, but this is most funny topic about it, bitcoin will kill it self, is it like some suicide?
member
Activity: 322
Merit: 10
September 21, 2018, 09:12:53 AM
Bitcoin was actually created to solve centralized currencies, the fact that Bitcoin is used to commit crimes does not mean it will kill itself because before the crime of making Bitcoin was done with Fiat currency and of course it didn't kill me.
newbie
Activity: 1
Merit: 0
September 21, 2018, 09:04:48 AM
First of all anonymity is what makes bitcoin so good..
And we don't need any regulations, What we really need is crypto independance
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO
September 21, 2018, 08:43:34 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 


This Ying and Yang situation is in every tool around us.

Depends on us all too determinate, but we leave the choices to the govs.

When the Internet was borning, also the "illegal" FUD was all around the media, trying to scare people to accept this new tool.

And so they managed to postpone the adoption few years and in a prefered way, this is okay, hide that...and now same with Hardware like Phones, not 100% access to either software or hardware.

Prepare your self for more of this cane of news. I expecting some aggressive fake flags as they do with "security in fly" over abusing and 0% tolerance.

Good day all.
jr. member
Activity: 154
Merit: 1
September 21, 2018, 08:38:48 AM
Your right dude! The main reason why bitcoin is not accepted in other country because of its high chance of possibility to be use in illegal purposes. But country with very tight security can maybe handle bitcoin so that it will not be use in illegal activities or the country has very low crime rate for sure they are ok to usr bitcoin.
What illegal activities? Believe with the dollar a lot more illegal activities occur than with Bitcoin and Crypto. all this is as if bitcoin is not taken because of his anonymity - complete nonsense. this is the usual manipulation and nothing more. media tells about this feature of bitcoin from different sides and then when there is a wave of growth and it must be said that anonymity is cool, they say it, when on the contrary they say that anonymity is bad. by the end, all the same, everyone will say that bitcoin is a revolutionary technology and behind it the future Wink
member
Activity: 560
Merit: 10
September 21, 2018, 08:23:36 AM
In as much as i admit that what has happened is not good, I still do not think we can put the blame on the use of bitcoin. This is because without bitcoin these things will continue to happen. There are other medium of exchanges that can be used for these things so we can't associate it solely to bitcoin.
full member
Activity: 490
Merit: 101
September 21, 2018, 08:16:51 AM
All about the course and the course, but the complexity is inexorably growing, which means that new capacities are connected. And if they connect, it means that it is profitable to mine now, because tomorrow the difficulty will be higher. Or, at the current price, it's worth recovering equipment or extracting it while profitable in anticipation of growth.
member
Activity: 259
Merit: 76
September 21, 2018, 07:52:11 AM
I think not because bitcoin is made just to be medium of exchange a currency to be exact. it is not kill the unlimited wants. people kill the nature as well as bitcoin.it was solved the problem on centrilozed currei.
Thats not true, we run the the bitcoin bro, we the investors is the life of bitcoin and all the coins in crypto. I think the Correct statement is "We will kill bitcoin". If we stop investing or the government banned it in your country, and worst is if all the countries will ban btc. Btc will die
newbie
Activity: 22
Merit: 0
September 16, 2018, 10:27:20 AM
I really do not think so? What is the reason for bitcoin to become so? The bitcoin value varies from day to day, according to a statement I made at the end of December that Bitcoin will definitely bounce back. We should take advantage of now buy bitcoin at low prices after the sale profits, I think this is the best now.
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