Bitcoin will kill itself - page 28. | Bitcointalksearch.org

Darker45

legendary

Activity: 2576

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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 don't agree. The reason you provided that you think will probably kill Bitcoin is also the very reason why Bitcoin came into a certain point of popularity. How can it kill Bitcoin when in fact it is the very life of Bitcoin? The reason why Bitcoin became the Bitcoin that the whole world came to know of is that it is decentralized, anonymous yet transparent, and digital. These the sources of convenience and efficiency of Bitcoin.

cuongkenh22091996

newbie

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It will never be like that, because the bitcoin is growing.

zergenyt09

full member

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Quote from: phelbaby on March 29, 2018, 01:07:10 PM

This a currency create for everyone same as fiat currency it is use by but criminals and others,it was not create for criminal activities

If someone is using goodwill of Bitcoins as shield for hiding their bad actions, how can claim then that Bitcoins are damaging themselves or the society. No, never. Bitcoins have never been created for demoralizing the values and norms of society but yes it is us who go on that side. From all the advantages, if we pick only bad aspects, then it is a pure mistake from outside.

Nilda

member

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Bitcoins don’t do illegal activities, people do. The criminal types would utilise anything that would keep them safe from the authorities.

Jerald

full member

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It is not true though that there is a big drop in bitcoin we should not say that this is the end of bitcoin may have some problems but it can be solved soon but there may not be a time limit for the bitcoin to thwart it and bring back its light to the future.

fairy_fries

full member

Activity: 357

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CRYPTO ENTHUSIAST : Airdrop & Bounty Hunter

i think it is the people that's killing bitcoin. The way they use is for their benefit. And bitcoin has been getting negative response because of it. They found ways to doeveil using bitcoins coz they can easily hide any transactions with that.But i just hope that bitcoin will still prevail despite all the hardships it is facing now, after all, itis because of bitcoins success that why we've been here all, joining airdrops, bounties and ico from other coins so we can earn from them.

Anti-Cen

member

Activity: 210

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High fees = low BTC price

Bit-Coin self destructed the day fees peeked at $55 per transaction and word started to leak out to new blood that
was all but set to jump in two feet first.

Drugs, sex and gambling are the main stay of Bitcoin but then it got wrapped up in ransomware viruses and extortion
from the miners who think we are so stupid that they can sell us the lightning network and no one will notice that the
hubs are mini banks. https://www.youtube.com/watch?v=UYHFrf5ci_g

Quote

Bitcoin will kill itself

it's a dead man walking but the bankers who took over the miners don't want to panic the sheep, damages the meat it does
and if you're not a robot then look up the page and notice everyone apart from me is ruining a advert in the footer of each post
they make here in case you thought this FUD was all real !

faceoff97

full member

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Merit: 113

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

It is bitcoin because it has that kind of features, thus what you are thinking is actually what makes a bitcoin fail. Its normal to see this kind of people reaction. Bitcoins anonymity will actually help attract more people. A government might not like it but there woykd be still larfe group of people who will be choosing to have it and use it.

bitcoinvestor

hero member

Activity: 812

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The percentage of bitcoin decreases from all transaction. Dark web finds bitcoin increasingly more of a problem than a help, tries other digital currencies Dark web finds bitcoin increasingly more of a problem than a help, tries other digital currencies
2:53 PM ET Tue, 29 Aug 2017 | 00:53
Criminals are dropping bitcoin in favor of other digital currencies that are harder for law enforcement to use in tracking activities in an anonymous corner of the internet known as the dark web, analysts said.

Although hard numbers on criminal activity in digital currencies are difficult to pin down, Shone Anstey, co-founder and president of Blockchain Intelligence Group, estimates that illegal transactions in bitcoin have fallen from about half of total volume to about 20 percent last year.

"Now it's significantly less than that," he told CNBC earlier this month, noting that overall transaction volume has grown globally.https://www.cnbc.com/2017/08/29/dark-web-finds-bitcoin-increasingly-more-of-a-problem-than-a-help-tries-other-digital-currencies.html

judeafante

sr. member

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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

There is already that kind of activity way back Bitcoin is not yet existing, no crime so far is invented that is associated with trading Bitcoin, criminals are good at using every possible method to get what they want, so if they are not going to use fiat they are going to use Bitcoin or any other method.

crustycrab666

full member

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Merit: 104

terra-credit.com

Quote from: MMA on March 29, 2018, 03:46:12 PM

I do not think that anyone can kill bitcoin, bitcoin is the need of the day and will survive for ever, it is not going to die but will become more and more stronger from time to time. Bitcoin is in fact the currency of the future and in future will mostly depend on bitcoin for shopping online and for so many other purposes therefore i do not think that bitcoin will die so easily.

We know that many big investors are involved in bitcoin. They will definitely work together so bitcoin still exists. After all, bitcoin is a form of technological advancement, and we desperately need it for a better life.

gilangIDR

legendary

Activity: 1526

Merit: 1001

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

Bitcoin misuse is inevitable because of its very nature can be used for various activities, one of which is to commit a criminal act. I think there should be a regulation that regulates it at the exchange rate, everyone should be verified when they will withdraw. I think it is realistic to be implemented because the role of exchange is so vital. The government must participate in the drafting of regulations, for me it is not just a dream and everything can come true.

xuan87

legendary

Activity: 1666

Merit: 1001

It could be, but the one that kill Bitcoin is the users, the users that misused the Bitcoin for selfish purpose, Bitcoin is never created for doing illegal things, because of this it force the government to take action whether to regulate or to banned it

yraskk

member

Activity: 104

Merit: 10

"like an apartment" What are you talking about? The cost of each transaction (if you meant, the fees) are less than $0,20 for a single transaction.

Do you really think that it is expensive? LMAO

Quote from: AnnaGeraMsk on April 01, 2018, 06:07:22 PM

for me it's more important to think not about anonymity, but about the fact that the price of the transaction will cost like an apartment!))

AnnaGeraMsk

jr. member

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for me it's more important to think not about anonymity, but about the fact that the price of the transaction will cost like an apartment!))

gatti

full member

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Merit: 109

It's not possible . Bitcoin will not kill by anyone.It's the one of the main advantage of bitcoin.No one can control price of bitcoin by any moment.This small fluctuation will not kill the bitcoin.I hope you understand now.

senin

full member

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Merit: 137

Anonymity and confidentiality can not kill bitcoin. In the near future, among the planned improvements in bitcoin, it is expected that its confidentiality will be strengthened. Some altcoyins, such as monero, have much greater anonymity, but no one says that this will kill this coin. Bitcoin can be killed by people, continuing to create an agiotage speculative demand for bitcoin. Then he is forced to inflate in price and then can burst from any negative information that will provoke panic and entail depreciation of bitcoin.

MMA

legendary

Activity: 1134

Merit: 1000

Quote from: BelieveInBTC on March 29, 2018, 02:20:59 PM

Bitcoin can't kill itself but its community can do it by fighting with each other instead of focusing on making Bitcoin better and faster. We focus too much on money, this is what divides our community these days. Bitcoin is beyond the control of banks and governments. The only thing they can do is making selling Bitcoin more difficult. Why would we sell Bitcoin if it can become a future currency used by many people? They can't stop Bitcoin now, it's too late.

I do not think that anyone can kill bitcoin, bitcoin is the need of the day and will survive for ever, it is not going to die but will become more and more stronger from time to time. Bitcoin is in fact the currency of the future and in future will mostly depend on bitcoin for shopping online and for so many other purposes therefore i do not think that bitcoin will die so easily.

brooklynian

member

Activity: 392

Merit: 10

Anonymity of bitcoin is what people want but government doesn't want you to be anonymous. People enjoy so great a liberty using bitcoin. The question of how you spend your money or spending limit doesn't come in because it is your money and the technology of blockchain puts you solely in charge. Do you think people will one day hate this great idea? Nobody wants to go back to the way of the government. This is just the beginning of the change! Don't forget that all the crime mentioned are also common with fiat currencies, cards etc.

Taki

hero member

Activity: 1078

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With the same success you could say that dollar will kill itself. Can you imagine how many illegal operations and things are happening through dollar payment?! But of course, in the case if something global and horrible will happen through bitcoin the government will create huge panic around crypto currencies and normally it can lead to a global ban.

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