Topic: Destroying Bitcoin - page 3. (Read 429 times)

The Bitcoin market has seen so many worst days of fall that its price was at its lowest 5k and even dip to 4k but the world knows that if they have to gain short term and even long term profit then they have to get the way of BTC and altcoins.

Yes, they are buying and when the price will go up and it will definitely go up in the year 2021 as predicted but that the way of market you buy things and then you sell those things when you see the profit so it will never be destroyed.

yes it can be destroyed when the internet is no more in the whole world which is impossible i guess right 

Lol, just imagine bitcoin at $150k because of this supposedly big companies and personalities buying bitcoin. And then it crashes to $75k and saying that bitcoin is a failure.

On the contrary, manipulating the market and hedging their wealth into bitcoin is two different thing.


Sorry to hear that, it's your decision anyway, majority though are willing to take the risk and that's why the market works. Go big or go home.

If they buy Bitcoin to pump the price, then sell it to crash it, it would just return the price to where it has started. If Bitcoin was their enemy, they wouldn't buy it and wouldn't support it, like PayPal, Visa and now Mastercard do. They are trying to profit from it and that's it.

Is it in interest of Bitcoiners to have these companies involved? Hard to say, but it's not really that important, because Bitcoin is open for everyone.

I thought that the destroy description you're mentioning is to entirely destroy and make bitcoin collapse. But that's not going to happen. Don't underestimate the power of retail investors, you see the power that they've done to WSB?
If these huge companies will shock us and will try to dump as much as they can, here goes the retail investors will buy all of those cheap coins.

Well, I respect OP's point of view towards bitcoin prediction price in the future and what OP afraid of. But to tell you frankly, that is unlikely happen, it is impossible that there are big investors that can able to manipulate the market, --unless, if they are joining forces at once will perhaps have an effect but I am sure it will not bring down the bitcoin price. Nobody can destroy bitcoin, I have doubt that even the creator of bitcoin ^{[but that is a different story]}. Dont be afraid if you feel afraid, understand bitcoin and the technology behind it and you will perhaps enlighten your mind.

Bitcoin cannot be destroyed, a literal answer to a very suggestive title ... which makes certain sense in the context expressed in the OP, however you fall to the point of conjecture.

It is your point of view, but it is part of the organic growth of bitcoin, this type of inclusion, actually at this point it is worth wondering who is taking "what," we are at a point where bitcoin is telling the world "I'm still here" ... that is why investors arrive or are beginning to arrive, come on! it is not that large corporations are raining to acquire bitcoin.

bitcoin is not raising eyes for the first time, it is reaffirming the hidden "love" that many feel for bitcoin ...

I think this is time the moment to strengthen bitcoin by having at least a part in its denomination "satoshi". Bitcoin is strengthened with the largest number of individuals who have access to BTC .

You have to be afraid of the possibility of running out of a satoshi at some point they will all be delivered, not having at least one if it is quite scary, consequently, the simple fact of its configuration and having inflationary control of your total currencies in the long run for at least 100 years guarantees that the bitcoin will remain alive or indestructible.

The above is not based on my words, it is based on the design architecture of Bitcoin, which is irrelevant to explain here, but which is well worth reviewing and studying.


No fear join to Bitcoin.

Bitcoin is a free market, some big investors come to get their share of the profit and will continue to do so, after they are gone, others will come and do the same, whilst we the people could always keep using crypto and make sure to benefit from it, there is no destruction when there are billions of people in the world. of course, there will be major dumps, they just want to exit and cash out, that doesn't mean crypto is going to crash entirely.

Bitcoin market is hard to be manipulated, unlike the altcoins. This can be a suitable statement for many altcoins but not for bitcoin. Bitcoin with a marketcap of almost a trillion dollars is getting stronger than to just be manipulated. Also know that many institutions are the ones getting into Bitcoin investment more, these companies knows what are required in a way bitcoin price will not be manipulated the way you think.

Bitcoin is not an enemy to anyone, if you like, you can buy it, it is not by force, and people that are getting into it know about the volatility before getting into crypto buying and selling. Know that as many as possible altcoins can collapse, like the Chainlink that 80% of its present circualtion are on addresses controlled only by 125 wallets, Bitcoin is not the case, it is widely and well distributed in a way such manipulation can not happen. Also this can happen to many pumped coins that will later be dumped but Bitcoin is just a perfect crypto asset that can be manipulated like that.

It is only the start of Bitcoin getting institutionsized, you should not be afraid. But, knowing about the market very well before investing.

The big companies are buying bitcoin and manipulating the market. one day they will start to sell all bitcoins and we will have a very big shock. imagine that you think that crypto is your enemy, if you want to destroy it, first you will buy as much as you can, you will make the market goes up, after you will sell all coins and you will destroy the market, take money of small investors and make them hate the crypto.

when i saw a company buy big amount of coin, i afraid.