Bitcoin will kill itself - page 22. | Bitcointalksearch.org

Godef

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Quote from: otandelapaz on March 23, 2018, 03:28:47 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

Well, no, I still do not think so, currently bitcoin is doing everything to improve its situation, its position in the crypto-currency market, since it needs a lot of help in this, which would finally close and grow without fear.

Titonioii

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Bitcoin's built to be completely transparent, the opposite of anonymous. Pretty sure youre thinking about Litecoin.

Dava.Dina

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I think it's not Bitcoin's fault, because so far Bitcoin is still the number one coin of all time and we can not argue with it because it's the most trusted coin and more demand all the time. So for that statement, it is not true and will never come.

Despite having millions of benefits, Bitcoin is often associated with some kind of illegal activity and it is not Bitcoin's fault but the user decides to use Bitcoin.

Bitcoin is a gift to humanity and every time it proves its potential for everyone by providing jobs for millions of people and reducing poverty to a great extent but every investment has its advantages and disadvantages.

shino1412

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The feature of anonymity alone isn't really harmful for bitcoin's growth, but the color the media painted bitcoin giving the public a distaste to this feature that was once praised by people. Little do these brainwashed people know that fiat is also anonymous, especially when the deal is made behind closed doors as there would be no trail whatsoever to follow in the event of fraud and illegal trades.

susuberuang

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I do not think it's just bitcoin but all the technology created will shut itself down, all the technology like a double-edged knife from end to end can be used to destroy its users.

kofibee12

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Bitcoin anonymous nature is the features that make some people to choose it as their payment method. As a result of that if some bad guys use it for illegality, bitcoin isn't to be blame

biboy

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Quote from: coinminerdotcom on May 29, 2018, 02:23:40 PM

Bitcoin's anonymity won't kill itself. A handful of whales with a large enough total % to sell off would drop it like a heavy stone. However that wouldn't be beneficial to either party... I feel that BTC is here to stay and will continue to prosper. Sure it will have it's ups and downs, restrictions, and mandates. But I don't see it dying due to it's being.

That is right, if it will kill itself then for sure it won't take 9 years existing in the market and so far bitcoin still the number one coin of all time and we cannot argue with that since it is the most trusted coin and more demand of all time. So for that statement, it is not true and will never come.

coinminerdotcom

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Bitcoin's anonymity won't kill itself. A handful of whales with a large enough total % to sell off would drop it like a heavy stone. However that wouldn't be beneficial to either party... I feel that BTC is here to stay and will continue to prosper. Sure it will have it's ups and downs, restrictions, and mandates. But I don't see it dying due to it's being.

Akramfxd

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i think bitcoin are not kill itself, it’s not the fault of bitcoin but it’s the user who decides the use of bitcoin.

MelnykonTech

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Quote from: otandelapaz on March 23, 2018, 03:28:47 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.

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

People need to remember that the VAST amount of illicit activity happens using dollars or other fiat. I mean cash is anonymous, Bitcoin is actually pseudonymous as the wallet address can be linked to a person using it in many cases. This isn't something I think the community needs to worry about

Mr.Dick

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Quote from: otandelapaz on March 23, 2018, 03:28:47 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.

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

Without clicking your link this sounds shitty, how can blockchain contain child abuse?? Bitcoin stays a currency what it is used for remains to the people if sb would pay for criminal actions in USD nobody would consider the dollar a bad thing..

Dmitry.Vastov

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Quote from: otandelapaz on March 23, 2018, 03:28:47 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

I think it’s not the fault of bitcoin. Though bitcoin is a boon for the humanity and every time it has proved its potential to everyone by providing employment to millions of people and reducing poverty to a very great extent but every investment has its pros and cons. Inspite of having millions of advantages bitcoin is often related with some sort of illegal activities also but it’s not the fault of bitcoin but it’s the user who decides the use of bitcoin so if we want to stop the illegal use of bitcoin then we have to stop the illegal users.

Christian_k

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Absolutely right.It would be very unfair to blame bitcoin totally for this.Critics have already tried lots of tactics to accuse bitcoin and this is yet another new one.Every product has its own pros and cons.The cons of bitcoins are over zoomed by media in favour of bankers and financial firms who feel bitcoin as the biggest threat to them. Grin

MUSFIKAR

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Yes you do not think that forbidden activity is used by Bitcoin to end Bitcoin. Bitcoin is not made with the intention of being used for illicit activities that are created to solve problems in a centralized currency. It has nothing to do with Bitcoin. All the disturbing discoveries in human history have originally passed through this phase, as does Bitcoin. The next phase is the widely adopted adoption.

Pixmartz

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some reason, bitcoin full of intrigue manipulation of greed, bitcoin inhibit the growth, bitcoin make the process of trade much more difficult.
I think that's the reason to make bitcoin die

efxtrader

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GoMeat - Digitalizing Meat Stores - ICO

I think bitcoin can kill by the communities. 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

tunapa

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Nothing can kill bitcoin. All currency either digital or paper can be used for anything once its accepted as payment mode. Bitcoin dosent give room for all things being done in the banking sector, hence its preferable.

BillyTalent

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No. I don't think it can be removed from the race of crypto-currencies only its competitors such as Aldon, Ethereum, etc. So do not worry if that does happen it is certainly not soon.

fritzwalter195

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bullshit!

musta5a

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BITDEPOSITARY - Make ICO's , More Secure

Quote from: otandelapaz on March 23, 2018, 03:28:47 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

there will need to be found a way to prevent this from happening in order for governments to fully embrace and regulate cryptocurrencies. I don't have an answer how yet though

Topic: Bitcoin will kill itself - page 22. (Read 4000 times)