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Topic: Guest Spot: Who or What Can Put an End to Bitcoin? - page 4. (Read 1905 times)

newbie
Activity: 58
Merit: 0
Massive manipulation and speculation can really harm the price of Bitcoin but still it wouldn't be enough for stopping Bitcoin completely. People might want to argue that the price of mining increasing than the actual value might end Bitcoin's journey but what actually happen to the coins that have already been mined? Even if I were to make an educated guess rather than just speaking out of emotions, I would have said Bitcoin has already strengthen it's position among us.
member
Activity: 728
Merit: 48
Yes there's so many against bitcoin. from news, social media and etc but bitcoin still exist. And the community grow rapidly
Who can stop bitcoin, I think no one except all community stop to trust it, or no more internet connection that will kill bitcoin and other cryptocurrensy. And the last end of world
newbie
Activity: 294
Merit: 0
The only entity that can put a stop to BTC is the government. If they ban the practices of the crypto market and does not even let the operation of it begin, then it will put a stop to the market and on crypto.
newbie
Activity: 210
Merit: 0
I think the thing that can put an end to bitcoin is bad investor and bad news. When investors are buying bitcoin with motive of using it for illegal act will lead to government giving bitcoin bad image in the presence of non users.
newbie
Activity: 58
Merit: 0
The only hurdle the coins need to overcome is the governments of the respective countries. That means if the government does not approve and restricts this market, then that might play a role in putting an end to the coins.
newbie
Activity: 70
Merit: 0
Bitcoin price is too high that's why someone measure bitcoin as gold. In recent time so many big name and companies are connecting with bitcoin. That’s why government will also accept bitcoin in near future.
newbie
Activity: 112
Merit: 0
The government i guess can put an end to bitcoin and other cryptocurrency by clamping down on all exchange site and restricting all their citizens from having access to it.
hero member
Activity: 2184
Merit: 531
I think that only US special services will be able to close most of the crypto currency! If they destroy crypto-currency exchanges, then the coins themselves will not be necessary to anyone. it's my opinion

Because the world revolves around the US and their special services have limitless jurisdiction Wink

The only single event that could stop Bitcoin would be the same event that would cripple the Internet. We are far beyond the point where an organization, a country or an institution can stop Bitcoin. Bitcoin can only burn out by itself. Its greatest enemy is competition.

member
Activity: 266
Merit: 32
Hostgator rejecting bitcoin websites.

Due to the domain crypago.com, we feel your website may be in violation of our Terms of Service. Please review our Terms of Service here: http://www.hostgator.com/tos/tos.php and http://www.hostgator.com/tos/acceptable-use-policy.

They refunded my money and refused me service. Talk about ignorance and prejudice. Does anyone know of a hosting company that's crypto friendly? Thanks in advance. 
member
Activity: 420
Merit: 10
I think that only US special services will be able to close most of the crypto currency! If they destroy crypto-currency exchanges, then the coins themselves will not be necessary to anyone. it's my opinion
full member
Activity: 756
Merit: 112
This shows that bitcoin can withstand like gold. If bitcoin can get the attention of big people on it like this.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN


Attacks to slowdown the Bitcoin development
Attacks to slowdown the Bitcoin adoption
Attacks to reduce the efficiency of the Bitcoin infrastructure
From all the above it follows that all three types of attacks are interrelated. At the very least, they lead to the same result. Let’s consider each of them in more detail.
https://www.ccn.com/guest-spot-who-or-what-can-put-an-end-to-bitcoin/
Bitcoin has been storm resistant, any type of attack will not stop Bitcoin's journey towards a safe point for the future, this is the initial journey from BTC
95% of the people in the world will soon come to support BTC
member
Activity: 266
Merit: 32
At $2000, bitcoin looks more expensive than Gold when now gold at $1200/ounce is the safest investment supported by tonnes and tonnes of Gold purchased by Central banks worldwide.

Bitcoin above $2000 is the real enemy of Bitcoin. It looks like bitcoin will survive as 3rd tier digital asset and also digital currency.
jr. member
Activity: 126
Merit: 5
Guest Spot: Who or What Can Put an End to Bitcoin?
Over the past few years, Bitcoin has experienced a huge number of attacks and external criticism, getting a reputation of Antifragile. This term was coined by Nassim Nicholas Taleb and describes the phenomenon when something becomes popular under unfavorable conditions.

“Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Yet, in spite of the ubiquity of the phenomenon, there is no word for the exact opposite of fragile. Let us call it antifragile.”- says Taleb.

From this point of view, probably, in order to kill Bitcoin, you just have to stop criticizing it. However, in the world of constantly competing currencies and precious metals, this is very unlikely to happen.

Attacks on Bitcoin: Past, Present, and Future

Several months ago, the user of the Reddit network, under the nickname themetalfriend, compiled a list of all attacks that can be aimed at killing Bitcoin. In his opinion: there are three most common types of attacks on Bitcoin:

Attacks to slowdown the Bitcoin development
Attacks to slowdown the Bitcoin adoption
Attacks to reduce the efficiency of the Bitcoin infrastructure
From all the above it follows that all three types of attacks are interrelated. At the very least, they lead to the same result. Let’s consider each of them in more detail.
https://www.ccn.com/guest-spot-who-or-what-can-put-an-end-to-bitcoin/
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