Bitcoin's strength is that nobody can crack it yet

Wittycoin

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Quote from: tuskacz on February 17, 2018, 12:47:28 PM

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

Yes bitcoin is strong until now nobody can crack it because its still expensive than any tokens.Bitcoin really is the best currency and beleive it will be the currency to the whole world. Bitcoin really can change worlds poverty. Bitcoin can give people a chance to have worked, income, profit and earnings. Profit can give us a stable income and a good future.

iMark

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Quote from: Babyrica0226 on August 11, 2019, 07:47:24 AM

Quote from: tuskacz on February 17, 2018, 12:47:28 PM

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

That's true! without the internet, all community of bitcoin won't able to use it anymore.
Then the government has reason also to ban bitcoin, due to they know that it can be access or open it
anymore. But, internet nowadays in the entire world are all connected with it, so it is impossible to ban it.
If they can't do it, for sure bitcoin will continue exist were no one can stop its existence.

That is the magic of bitcoin, nobody can drop bitcoin. No one can crack and destroy bitcoin, even though the government with its super power does not do anything about the development of bitcoin. Even government bans do not exert any influence on bitcoin.

bright4mech

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Bitcoin is a digital asset, which is perfectly working with internet and the only way to stop bitcoin is to stop internet, which is not possible. Therefore the world is growing faster with a technology and making life easier.

imstillthebest

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Quote from: iMark on August 31, 2019, 04:40:38 AM

That is the magic of bitcoin, nobody can drop bitcoin.

What about its value ? Anyone can drop it

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No one can crack and destroy bitcoin,

Its possible they said quantum computer can destroy bitcoin . bitcoin inside a wallet is also crackable

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even though the government with its super power does not do anything about the development of bitcoin.

They can . they can ban and dis allow the use of bitcoin on your country if they want to but they cant ban it totally . people will always find a way to trade and use thier btc

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Even government bans do not exert any influence on bitcoin.

There is. Btc price declines if there are news about btc banning

seanskie18

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You have point, and the biggest asset of Bitcoin is that no one can manipulate it's value. Blockchain techology is very secured when it comes to transaction, no doubt and also the unique part of Bitcoin is, it is decentralized technology it means nobody can controlled it. That's the strength of Bitcoin, it's unstoppable.

Fundamentals Of

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Quote from: tuskacz on February 17, 2018, 12:47:28 PM

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

They have realized this and so they admitted that they could not do anything to it anymore, held their hands up, and confessed that Bitcoin is unstoppable. Initially, they thought they could just leave it alone because it will soon burst but since they were wrong. They started spreading FUD and lies about it but still it continued to grow. And then they started to get worried and issued tax letters. Signs of a loser.

Gi01

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I don't really think anybody in this crypto space thinks the strength of Bitcoin is that nobody can crack it. The strength of Bitcoin has always been the adaptation and usage of blockchain technology in the entire world's transaction systems. Blockchain technology is currently used in many aspect of the world's financial ecosystem and its the basic strength of bitcoin.

esatceza

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I think the government really doesn't want to ban it completely. They have many ways to destroy it. They can prevent us from converting Bitcoin to fiat and finding account owners when they make conversion transactions. However, I think it is not necessary for the government. In a way, Bitcoin and the crypto market help the economies of nations grow quickly. Thanks to Bitcoin and cryptocurrency, thousands of people have jobs and improve their lives. The government is only afraid of bad guys using it to do bad things like corruption, money laundering, tax evasion, ... So don't worry, the government will never completely ban Bitcoin.

Babyrica0226

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Quote from: tuskacz on February 17, 2018, 12:47:28 PM

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

That's true! without the internet, all community of bitcoin won't able to use it anymore.
Then the government has reason also to ban bitcoin, due to they know that it can be access or open it
anymore. But, internet nowadays in the entire world are all connected with it, so it is impossible to ban it.
If they can't do it, for sure bitcoin will continue exist were no one can stop its existence.

Irvinn

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It seems to me that the main features and advantages of Bitcoin are indicated a little incorrectly. Bitcoin is valued not for not being hacked, but for completely different reasons. If you look through the prism of what was said, then in past centuries nobody could physically eat gold coins, but everyone could steal. This is the case with Bitcoin. Pay attention to how many hacking problems are now and what funds from Bitcoin wallets and cryptocurrency exchanges. Today we need to solve the security problem of our cryptocurrency funds and really begin to use the advantages of cryptocurrency for fast and hassle-free digital payments.

fiulpro

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I think Bitcoin's strength is indeed GLOBALIZATION
If a country's economy is falling down , then only one thing remains That may still prosper that is Bitcoins.
The price is dependent globally , it's like we are supporting each other even without knowing.
The price can be helpful in the time of crisis when there are no jobs and no value for that countrie's money and at the same time it could also help fight the oppressive governments.

It is so strong that's why people are afraid of it.

shoreno

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Quote from: BlackFor3st on August 10, 2019, 10:08:16 PM

You have the exact point out there, banned the internet and you can stop the virus of crypto currencies especially the bitcoin

what virus ? you mean the virus that steals info and bitcoins ? or do you mean the adoption ? internet is not fully bannable because its useful and the world will also be stopped without it . but there are certain countries that can ban certain websites if the want to . for the other virus that i mention earier , that is also preventable but cant also be eliminated totally as long as we are online and connected to the internet .

BlackFor3st

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Betking.io - Best Bitcoin Casino

You have the exact point out there, banned the internet and you can stop the virus of crypto currencies especially the bitcoin but this will likely never to happen. Some countries have banned bitcoin and the use of it but there are plenty of countries also who are open in accepting while other countries legalized the use of it.

So the foundation of bitcoin is very strong and nobody can surely crack it even in the future or most likely it will spread more.

minersday

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Quote from: tuskacz on February 17, 2018, 12:47:28 PM

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

I don't think I agree with you on this. The strength of Bitcoin is the ideology behind how it was developed and the introduction of blockchain technology into the financial. Blockchain technology is the backbone of bitcoin since it is currently the new technology transforming the world ecosystem. This is the strength of bitcoin.

ghost424

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Quote from: tuskacz on February 17, 2018, 12:47:28 PM

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

Its not actually Bitcoin's strength that they cannot crack, it is actually the complicated and wonderful design of the Blockchain Technology. It is impossible for the government to ban it because they cannot even find its roots. They know its integrated into Blockchain Technology but they cannot actually hack into Blockchain because of its Security features. It is truly a remarkable invention and it actually helps people in need.

BitcoinPanther

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I think we don't need to fight anything that can help us to keep Crypto in the air. What we need to fight are those who give a nad name to Crypto which is scammers. I think we need to focus on. Monitoring these guys so that they will not deceive anyone which may result to something. The government just want to protect is from something that may do us harm.

LMBDA

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Quote from: tuskacz on February 17, 2018, 12:47:28 PM

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

Therefore making bitcoin powerful.

Pixyoxx

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Agreed. Bitcoin's strength is that nobody can crack it yet. Although:

1. It depends on the user, they wallet he uses, the way he en-cashes or purchases btc or the way he uses his private keys.
2. Although no one can just eliminate btc but govt agencies can take serious measures against it .
3. Bitcoin tracking is another thing which can't be ignored.

romero121

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Most of countries stand against cryptocurrency just because of its usage on illegal needs. The market valuation of illegal activities happening through cryptocurrencies were very low compared to the usage of bitcoin on the same. Other reasons stated were the fall in money value of the respective country. The market needs to get widen, until then it is hard to make bitcoin stronger. As it is peer to peer bans won't restrict it from its usage.

keziakusayang

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if all countries declare illegal bitcoin destroyed. Although it cannot kill it, it is no longer valuable and enjoyed by many people. the progress of bitcoin is because of many fans. I think the world is getting more sophisticated and all need crypto for the convenience of many things. and bitcoin will still be the best. because of the limited amount I think it's very difficult for other coins to defeat Bitcoin

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