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Topic: How to kill Bitcoin? - page 15. (Read 3127 times)

full member
Activity: 229
Merit: 100
The Operating System for DAOs
November 16, 2017, 02:53:19 PM
#41
You cannot kill bitcoin, it is too big right now and keeps growing. Bitcoin survived multiple bans including mining and attack from bitcoin cash. It is solid and will defeat all adversity
newbie
Activity: 37
Merit: 0
November 16, 2017, 02:46:27 PM
#40
kill bitcoin is certainly too.
Here is the search for vulnerability, the case is useful and necessary.
sr. member
Activity: 1190
Merit: 253
November 16, 2017, 02:18:43 PM
#39
Bitcoin can be killed if no electricity can be produced in the universe

There's no point that there is no electricity in the universe even the storms and thunder clouds produced electricity even the sun can produce solar energy so the point of that is meaningless to kill bitcoin the real way to stop and kill for now is to kill first the internet and totally shutdown it in the entire planet earth that would really makes sense unless the bitcoin community and developers will develop a way to transact btc without internet.

Haters and competitors wanted to see Bitcoin die or go down.  They definitely wanted to outperform Bitcoin in the market to take over its seat.  But the problem is Bitcoin was created to run by every individual that believes in it.  So even if the government intend to kill Bitcoin as long as there are some people who mine and set up a node for it, it will continue to live.  Just look how torrent files are being distributed even though government are actively shutting these torrent sites down.
full member
Activity: 532
Merit: 100
November 16, 2017, 02:14:14 PM
#38
Why do you want to destroy bitcoin, because if bitcoin dies, crypto will also lose the best leader.
and China has the largest mining output in the world, so there is no reason for them to ban
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
November 16, 2017, 01:53:34 PM
#37
You wanna kill Bitcoin? If you wanna do that I think you must turn the internet all over the world off. If there are no internet, there will be no way to use Bitcoin and all other cryptocurrencies. Maybe it's the only way at the moment Smiley
member
Activity: 93
Merit: 10
November 16, 2017, 01:35:56 PM
#36
to begin not to go through it would be a good start, the eth is already doing the job well
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
November 16, 2017, 01:34:45 PM
#35
Bitcoin can't be killed by an entity or a single party. That'd mean putting all nodes out of  work remotely or physically in some way. There is no way for someone to kill all usage of something as decentralized as Bitcoin. Doing so would require cooperation of myriads of worldwide organizations and would require crippling basic internet functions. So long as bitcoin's netword lives on with more than a single user, it also lives on.
sr. member
Activity: 615
Merit: 258
November 16, 2017, 01:26:28 PM
#34
kill bitcoin ??
i dont think so ... no one cant kill or destroy bitcoin
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
November 16, 2017, 01:25:45 PM
#33
Why we have to kill bitcoin??It is so helpfu. Though it has some dark sides,the huge advantage of it make us forgetful about it's dark sides.At least I never want to kill bitcoin.
newbie
Activity: 53
Merit: 0
November 16, 2017, 01:24:25 PM
#32
Huh
I searched how to kill Bitcoin on the search box and saw nothing, so I'll just start a new one.

Is it true that miners are the one responsible for every transactions?
If yes; why didn't the government of China just ban cryptocurrency mining or am I just missing something out?

If there are no transactions or maybe just less than 10 made transaction happened within 24 hours, how will the mining computer work then?, will it just go idle?What if people decided to hodle their coins, will it be unfair for the miners?

 Huh



No one could kill bitcoin unless the creation of it. As long as bitcoin are striking by many investor and consumer and they see the result was good, people may learn to love it and see the magic behind. So hackers/ killers never wins.
hero member
Activity: 952
Merit: 500
November 16, 2017, 01:10:35 PM
#31

Huh
I searched how to kill Bitcoin on the search box and saw nothing, so I'll just start a new one.

Is it true that miners are the one responsible for every transactions?
If yes; why didn't the government of China just ban cryptocurrency mining or am I just missing something out?

If there are no transactions or maybe just less than 10 made transaction happened within 24 hours, how will the mining computer work then?, will it just go idle?What if people decided to hodle their coins, will it be unfair for the miners?

 Huh


I don't know why you are trying to kill bitcoin.it has already tried by lots of bankers and governments,but they all failed.Bitcoin mining is not only done in china.Its carried out all over the world.So,china could not stop bitcoin by just banning mining.Now,bitcoin price is also very high which is given as a block reward to miners and so miners would not want to miss it.There are still 5 million more bitcoins to be mined.So,even if people start to hold their bitcoins,still there would be newbies entering the market and buying bitcoins and so mines would always have their job until the last block gets mined.
full member
Activity: 476
Merit: 105
November 16, 2017, 01:09:21 PM
#30
Bitcoin can be killed if no electricity can be produced in the universe

There's no point that there is no electricity in the universe even the storms and thunder clouds produced electricity even the sun can produce solar energy so the point of that is meaningless to kill bitcoin the real way to stop and kill for now is to kill first the internet and totally shutdown it in the entire planet earth that would really makes sense unless the bitcoin community and developers will develop a way to transact btc without internet.
full member
Activity: 648
Merit: 114
November 16, 2017, 12:49:35 PM
#29
the thought of killing bitcoin is just a thought that will be useless in my opinion, why do we want to do it while working bitcoin we can already get fortune. precisely we must continue to preserve it and how can I make every project succeed so much to create altcoin  Grin Grin
full member
Activity: 350
Merit: 100
November 16, 2017, 10:44:14 AM
#28

Exactly bro. Ledsgo probably hasn't heard of Lightening Network and other sweet & upcoming upgrades

Yes, it was the first time I heard about Lightening network and Atomic swap. After reading about it, it does look promising, I hope the community will agree on that one because something really needs to be done.

Thanks to TheQuin for that information Smiley



It is impossible to kill bitcoin because bitcoin is not controllable by any person or country and if any one want to try this then i think he can just waste his time just like we can see the example of china. They have tried to banned bitcoin but bitcoin will have no affect after banning bitcoin.
member
Activity: 238
Merit: 11
November 16, 2017, 10:41:36 AM
#27
Bitcoin can be killed if no electricity can be produced in the universe
member
Activity: 93
Merit: 11
November 16, 2017, 10:33:48 AM
#26

Exactly bro. Ledsgo probably hasn't heard of Lightening Network and other sweet & upcoming upgrades

Yes, it was the first time I heard about Lightening network and Atomic swap. After reading about it, it does look promising, I hope the community will agree on that one because something really needs to be done.

Thanks to TheQuin for that information Smiley

hero member
Activity: 490
Merit: 501
November 16, 2017, 10:33:23 AM
#25
Huh
I searched how to kill Bitcoin on the search box and saw nothing, so I'll just start a new one. Is it true that miners are the one responsible for every transactions? If yes; why didn't the government of China just ban cryptocurrency mining or am I just missing something out? If there are no transactions or maybe just less than 10 made transaction happened within 24 hours, how will the mining computer work then?, will it just go idle?What if people decided to hodle their coins, will it be unfair for the miners?Huh


Probably because China is not that stupid enough to do something which can just be worthless. With the business of mining, the government is sure that this is not something beyond their control and they feel that their economy and political stability is not being threatened by it so there is no point in banning the said economic activity.

Mining is is a good business and can somehow help a country's economy because eventually income in mining will be converted to the dollar which can enter the country as forex. And yes even if China will stop all the Bitcoin mining in its entire jurisdiction, it has no power to influence those located in other countries. China here is at least very realistic.

Though I don't love China (but love using many China-made products just like the rest of the world). Smile.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
November 16, 2017, 10:33:07 AM
#24
this is a terrible nonsense question from you nobody want to kill bitcoin if you have lack of knowledge and understanding the importance of bitcoin how to help the economy for every nation accepted bitcoin as currency, yes true have people want to try destroy the bitcoin especially people from the bank industry hated bitcoin because bitcoin threat to them but for my observation since i start to accept bitcoin in my life have many trials face of bitcoin now still strong in the cryptocurrency world as number one coins in marketcap.

I agree with your opinion.
in this forum that we discuss about the progress of the crypto world is not a way to destroy it.
hero member
Activity: 1666
Merit: 565
November 16, 2017, 10:20:51 AM
#23
..
Exactly the same number of transactions as it does now.
...

how is it possible? Only 3 miners will mean a lot less block, and less block will be less transactions. How can be no difference?

You really need to do some research and find out how Bitcoin works. For someone with a 2013 Hero account, I'm very surprised you don't know the basics. The difficulty of finding a block is calculated to always keep block generation constant at 6 blocks per hour. If there is less hashpower on the network then difficulty will be reduced and the same number of blocks will be found. That is just the opposite of what happens everytime miners add more hashpower, the difficulty goes up and the same number of blocks are found.

it's simple. Me, and other people, are talking about the period BEFORE the new network difficulty. Period that can be very long.

Infact in my previous post, i've wrote "network seems blocked"", not "is blocked".

Maybe my english is not very well, but if i can't explain my self clear, there is no need to make accusation.

This is really bad.

full member
Activity: 952
Merit: 104
November 16, 2017, 10:16:02 AM
#22
this is a terrible nonsense question from you nobody want to kill bitcoin if you have lack of knowledge and understanding the importance of bitcoin how to help the economy for every nation accepted bitcoin as currency, yes true have people want to try destroy the bitcoin especially people from the bank industry hated bitcoin because bitcoin threat to them but for my observation since i start to accept bitcoin in my life have many trials face of bitcoin now still strong in the cryptocurrency world as number one coins in marketcap.
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