Can Bitcoin Ever Be Shutdown? - page 11.

Toshibaro

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Quote from: yusufjalal on October 13, 2017, 07:12:12 AM

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

No i am not agree because bitcoin is made from people and I think it's possible to stop bitcoin and for me I don't like bitcoin is shot down because many people change life because of bitcoin and I know many people don't like bitcoin shutdown,..

Finnisd

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To stop the bitcoin network, you need to stop investing and using crypto currency

Momoamzad

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Quote from: yusufjalal on October 13, 2017, 07:12:12 AM

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

No I think its not possible till there is huge investor in crypto market. There are also many miners. Yes if they stop investing bitcoin will die.

newb-dev

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Only if all of the users decide to stop using bitcoin but for sure this is never gonna happen

btcprospecter

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It depends on the scenario if we are talking full world wide apoplectic situation then I think we would have bigger problems other than bitcoin and crypto currency.
The beauty of bitcoins block chain is that it isn't owned or controlled by a single entity it would be hard for someone to take it over.

Jeepney_koh

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Quote from: yusufjalal on October 13, 2017, 07:12:12 AM

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

Why do you want that Bitcoin will be shutdown? First thing, Bitcoin is created for the people to have financial freedom and investment privacy and for us to gain profit as it is decentralized. Second thing, Bitcoin cannot be shutdown completely until there is one person like me transacting in Bitcoin.

julzcoinbit

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In my perception about this topic, I think bitcoin will totally shut down If no one could ever invest in it and all whales of bitcoin will dump their bitcoin funds. But to think back of this, it is impossible to happen because there are many things that bitcoin have done good for us. And we all know that all crypto currencies are just depend of bitcoin.

Corsicoin

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As long as people get money from taking care of it it can't be over.
Think about a baby in the familly. Bitcoin has no father or mother but was adopted by thousands of people whao takes advantages of it just because they give him food and home.

But one day will come, another baby will come and get the parent's attention. This day, when there will be no food and no home, Bitcoin will be over.

ntodntodan69

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remove internet technology worldwide, eat bitcoin network will die forever. no internet then no bitcoin. digital currency will not be able to move

Cryptoproff

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To shut down the bitcoin network completely you must shut down the entire web which is not possible because that would a total nightmare. Lots of multi-billion dollars businesses now are fully dependant on the web and without it, they would end up in total chaos.

doodle07

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Yes, nothing lasts forever but it will remain for a long period of time, it can be shutdown until the time comes that there are no more internet connections and electricity.

Markupoltit

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Quote from: ewuyiswang on April 06, 2018, 03:18:15 AM

Marinecoin Hello !please click on the following link and join the free ICOIts community has grown to more than 3, a month, and the project is now free to coin. Not because there is no white paper on the current website, I am excited about the speed of currency trading. Great. This will be an interes become a strong currency in 2018.There will be many promising updates in the future, including Jarvis’ ICO project, guardianship plans and future marketing plans. In particular, they have excellent advertising strategies.Next, he MTC network will not slow down.Again for more information, you can n summary, MTC paid about MTC 9.0 billion for 20,000 free, just register to join. Once you have your account go to the MTC free area and make a topic with the tit| ICO appalication. Then below you fill in the link your social network has posted the article on MTC on it. Payment System in Internet Artificial Intelligence (AI) of Things (IoT). time dilution technology. time dilution technology - artificial intelligence - self sustaining - community - fair distribution - iot

I think when bitcoin is shutdown, I imagine that I can't help my parents anymore for their daily needs, I can't help my fees in my studies and I will be drop in school if I don't have a money to pay my school fees, but I believe that it will never be happen that bitcoin will shut.

Yakapo

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Its very unlikely that BTC will ever be shut, as it has gained a wide market coverage and usability, most people are already using it. if it were to be shut down there will be a big uproar from its millions of users, i dont think it will ever happen

zafaryaqoob

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Quote from: yusufjalal on October 13, 2017, 07:12:12 AM

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

I can't imagine What I do when bitcoin ever be shut down When It shout down then Think about it.

Masongrae

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Quote from: joseafonso123az on October 13, 2017, 07:15:12 AM

Well, no electricity, and no internet connection would kill BTC for sure! You wouldn't be able to make any transactions without these.
Other issue can be all the countries in the world ban BTC, but this will not restrict it's circulation, as no internet connection do!

Yes, you have a point, no electricity, no access of internet, no interenet you cant work/use bitcoin which may shutdown bitcoin. But thats not gonna happen, Electricity is always on around the world, It uses and important for all, and even for BPO campanies or other bussiness firms which uses internet. It may kill those companies as well if there is no electricity, which is not allowed to be happen for it is for the economy. And same for the bitcoin as well.

pragna

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I don't think so because it is a blockchain based currency. Tomorrows world will lead blockchain. now people are so busy and not enough time to bear hard cash in everywhere. So BTC is the alternative in there where people will do all payments from same desk. So how it can be vanish??

ewuyiswang

newbie

Activity: 39

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Marinecoin Hello !please click on the following link and join the free ICOIts community has grown to more than 3, a month, and the project is now free to coin. Not because there is no white paper on the current website, I am excited about the speed of currency trading. Great. This will be an interes become a strong currency in 2018.There will be many promising updates in the future, including Jarvis’ ICO project, guardianship plans and future marketing plans. In particular, they have excellent advertising strategies.Next, he MTC network will not slow down.Again for more information, you can n summary, MTC paid about MTC 9.0 billion for 20,000 free, just register to join. Once you have your account go to the MTC free area and make a topic with the tit| ICO appalication. Then below you fill in the link your social network has posted the article on MTC on it. Payment System in Internet Artificial Intelligence (AI) of Things (IoT). time dilution technology. time dilution technology - artificial intelligence - self sustaining - community - fair distribution - iot

Monette2k17

jr. member

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This is not possible, bitcoin value still highest in all coins that's why it will not shutdown

whirlcoin

full member

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Possible only if the internet was shutdown globally no other way to shutdown the bitcoin.The regulations and restrictions from the governments have no effects on using the bitcoin but people need to know these to avoid unnecessary panic.

phelbaby

member

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If it is possible to be shut down, then the platform will not have been here up to this time,this is due to it decentralized nature of the platform that is why it is impossible to being it down.

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