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Topic: Bitcoin's strength is that nobody can crack it yet - page 11. (Read 1850 times)

full member
Activity: 364
Merit: 100
PlayGame.com
yes bitcoin us unbeatable, because we can see that bitcoin power is more than other things that we know about the government, fake news and bad news, we can see that fake news and bad news is the most big problem in bitcoin because they will make bitcoin down and the price is down. but as we know that bitcoin always make the fake news and bad news about bitcoin disappear, bitcoin show about their strength in the public
member
Activity: 267
Merit: 10
Exactly what I'm thinking of. Bitcoin works in a long run up to now. Even people are throwing many bad critiques and disapproval for bitcoin,  still nothing has stopped it from existing.
full member
Activity: 2128
Merit: 180
goverment can't ban internet, because thet work in it, banks are too working with help of it, damage economics for closing bitcoin is stupid
Bitcoin runs through internet and government can't really control bitcoin but they can control its people not to use bitcoin. Sad to see that some country are banning this kind of technology without having a proper research on this potential technology. I hope that in the future bitcoin will still be untouchable by the government.
member
Activity: 392
Merit: 11
Bitcoin is a cryptocurrency and what do you mean by cracking it? It cannot be duplicated because of the way the bitcoin blockchain operates.
hero member
Activity: 980
Merit: 502
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 think this is like next to impossible to ban the internet from the whole world because in today world we are living in a era of modernism and digitalisation where our entire life styles, our every moment activities depends on internet only , so it is impossible to ban the internet from the whole world and in turn it is next to impossible to ban bitcoin because the only thing that bitcoin requires for its operation is internet only and moreover bitcoin being an decentralised crypto currency, no country can properly and effectively ban bitcoin .
full member
Activity: 374
Merit: 100
goverment can't ban internet, because thet work in it, banks are too working with help of it, damage economics for closing bitcoin is stupid
hero member
Activity: 840
Merit: 520
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.
No government or no country can ban bitcoin globally. Bitcoin is self governing crypto currency and every country can ban bitcoin from their nation only , no country can ban its international use so person can own bitcoin in any nation but cannot use domestic exchanges for transactions but I don’t think this is the biggest advantage because of lack of authentic governing body the illegal use of bitcoin has been increasing day by day and for stopping this bitcoin needs to be legalised world wide.
newbie
Activity: 162
Merit: 0
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.
Of course, they cannot crack Bitcoin, today or in the near future. Coins like TAU, BTC, ETH are way successful at the moment, and the users are addicted to using them. They can cause severe damage to it, but banning is not possible.
member
Activity: 336
Merit: 20
if without government, I think that the crypto world will be more free and uncontrolled. I admit that if without government, the crypto market will persist and be high, it will even explode to the highest peak. nothing can affect bitcoin.

but standardization to control the crypto market is necessary, regulation and adoption can make bitcoin more stable.
newbie
Activity: 175
Merit: 0
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 can not possibly ban bitcoins, they can harm it in different ways. But Bitcoin is way ahead now, the government knows how people will react to this sudden change or ban on their trading procedure.
newbie
Activity: 79
Merit: 0
it also has a point, because the internet network is still turned on, it's even better
newbie
Activity: 70
Merit: 0
I trust bitcoin, but nothing should be taken at faith value. Maybe in the distant future there will be even crackers of BTC, who knows.
newbie
Activity: 140
Merit: 0
Strength of bitcoin in the great prospects of technology and different ways of development.

The greatest advantages in Bitcoin make it incredibly well such as no third-party seizure, no taxes, no tracking, no transaction costs, no risk of charge backs and most of all Bitcoin cannot be stolen.
 And with this  I think nobody can crack it.
newbie
Activity: 23
Merit: 0
Strength of bitcoin in the great prospects of technology and different ways of development.
full member
Activity: 326
Merit: 103
OrangeFren.com
That could be a strength but dont be that sure that governments cant take bitcoin down. Remember that governments dont have to ban bitcoin to stop it. All they have to do is to spread some official rumors on the internet and why not on TV wich is going to make a lot of people stop using bitcoin and selling everything they have for a small price. If the president would make such an announcement agains bitcoin I am sure the price will drop more than 50% in just a few hours and then fo even lower.
legendary
Activity: 1190
Merit: 1024
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.

True there's no way to take bitcoin down even government can't ban bitcoins. That's the main reasons why bitcoin is growing and increases amount the users. People know their money is in safe hands they believes wallets more than banks because they're not paying highly tax to government.
newbie
Activity: 44
Merit: 0
That is why we must make bitcoin independent from tracking

Yes, Bitcoin and other cryptocurrencies are blooming in the market.
legendary
Activity: 1190
Merit: 1024
Bitcoini bans are a very difficult situation, but they are easier to legislate by countries, but a few countries seem to prefer to ban Bitcoini as a game of cheating, but that is not the case, I think these countries will understand them for a short time.


But i don't think government would stop they'll surely make some policy in future to take it down ,like tracing IP for those who is using bitcoin's wallets or blocking some wallets sites.
full member
Activity: 574
Merit: 102
even if every country ban and make bitcoin as illegal payment or assets, i think the bitcoin will not die easily. while there is still demand and it is profitable, anything can be done. we can analogy like drugs, almost in every country, drug abuse can be punished, but the drugs transaction keep running until now. so bitcoin will not die completely, but will move secretly in black market
member
Activity: 224
Merit: 10
Indeed there is no any technology can decode the bitcoin, but I still worry for the future of the bitcoin, because of the high speed of quantum computer operation may be able to understand the private key of the bitcoin, so this is the biggest threat to the bitcoin.
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