Topic: How to kill Bitcoin? - page 9. (Read 3127 times)
Why someone wants to kill bitcoin specially when he loves to be a part of the crypto industry.
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?
Well it depends, because they hold the bitcoin they can also kill it and when you lose the internet around the world they may not even be able to earn or find bitcoin because it is through technology or internet.
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?
Anymore ideas?
People nowadays see BTC as profit, they use it to multiply their earnings. They buy BTC using fiat currency and sell it to fiat. So my main question should be;
"How to stop people from gaining more profits using BTC?"
How do you buy BTC?, how will you sell it?- If the GOVERNMENT finds a way to stop these buyers and sellers, that is the way for you to KILL or STOP Bitcoin. But, the government is not taking any major action against it.
The main GOAL of Bitcoin is to stop printing more fiat currency or paper money that funds the war in this world, but people just buy Bitcoin to multiply their fiat currency.
I don't hate Bitcoin, I just want to know if the government has a way to stop it.
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?
Anymore ideas?
People nowadays see BTC as profit, they use it to multiply their earnings. They buy BTC using fiat currency and sell it to fiat. So my main question should be;
"How to stop people from gaining more profits using BTC?"
How do you buy BTC?, how will you sell it?- If the GOVERNMENT finds a way to stop these buyers and sellers, that is the way for you to KILL or STOP Bitcoin. But, the government is not taking any major action against it.
The main GOAL of Bitcoin is to stop printing more fiat currency or paper money that funds the war in this world, but people just buy Bitcoin to multiply their fiat currency.
I don't hate Bitcoin, I just want to know if the government has a way to stop it.
Remove electricity? Kill the internet? Those things, at this point are merely impossible.
Plus, Bitcoin is based on trust too, so, as far as everyone believes in BTC, it won´t be "killed"
Plus, Bitcoin is based on trust too, so, as far as everyone believes in BTC, it won´t be "killed"
Remove all electricity from world 
Pretty muc if you unplug the internet cable Bitcoin is as good as dead. But you see, unplugging the world's internet is ain't that simple, therefor Bitcoin is close to invincibility.
Killing Bitcoin is just like wasting your time. There are several forces that makes this currency grows or go down. The world has adopted this currency and asset and sure it will be worth it much more later. China and some countries never wanted cryptocurrency era but believe it, it has come to stay.
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?
Simple. How would China regulate what people do in their computers. And you cannot physically destroy information. I am not that knowledgeable in the subject but I know bitcoin itself can only be "destroyed" or gone if people don't like using it any more which would least likely to happen.
I'm kind a bit late hearing this thing bitcoin. And since some of my friends are discussing money over it, my first thought on bitcoin is that it gives wealth to people, a currency that gives everyone of us an opportunity to become successful. Though people called it a scam, I don't believe them and just jump in, because I know it isn't. And now I'm so thankful to bitcoin because it teaches me a lot about everything, like, saving, investing, time management, etc. which is needed to become successful not only here in bitcoin but also in the real world.
But i think still you have good opportunity to invest money in bitcoin and get a good profit like other people who have already got a good profit from it. In fact bitcoin price will continue increasing and will also continue giving profit to people, you just need to simply hold your bitcoin. To me i personally have invested a good amount of asstes in bitcoin in previous days, when the price of bitcoin was trading below 5000$ and still i can get a good profit from it if i will sell it, but very honestly i am not going to sell my bitcoin but will continue holding it for some more time. 
theres a way to kill bitcoin as bitcoin is very fragile!
if you want to do that you just need to shutdown the internet all over the world, you can dive under the see and destroy those fibers,
bitcoin weakness is the internet it cant produce or transfer any without the presence of the internet!
if you want to do that you just need to shutdown the internet all over the world, you can dive under the see and destroy those fibers,
bitcoin weakness is the internet it cant produce or transfer any without the presence of the internet!
Sorry that I may not be in the subject, but to destroy the BTC and not only it (all blockchaines),
we need to create special conditions when encryption on existing technology will become meaningless and useless.
It`s possible with the launch and development of a fundamentally new technology
For example quantum solutions.
Hyper-ultra-high-speed
technology of data transfer, information processing, analysis, forecasting, etc.
Then BTC and etc will dead I think.
Well, after then it will probably be actively develop telepathy, instant data transmission, a single information center ... but this is another story
P.S. sorry for my English, forgot almost all the grammar for several years.
I hope I wrote it more or less clearly. Do not hit hard
we need to create special conditions when encryption on existing technology will become meaningless and useless.
It`s possible with the launch and development of a fundamentally new technology
For example quantum solutions.
Hyper-ultra-high-speed
technology of data transfer, information processing, analysis, forecasting, etc. Then BTC and etc will dead I think.
Well, after then it will probably be actively develop telepathy, instant data transmission, a single information center ... but this is another story
P.S. sorry for my English, forgot almost all the grammar for several years.
I hope I wrote it more or less clearly. Do not hit hard Why do you want to kill bitcoin, whereas many side positions of bitcoin can benefit you. I hope you change this kind of thinking, because maybe you are disappointed. Let's try to get back to have the spirit to mine in bitcoin. I myself was given a lot by bitcoin and this made my financial life change for the better.
Op doesn't want to kill btc, its just for discussion and who wants to have btc cease when most of us here are earning real money from it. Governments banning and making btc illegal would be the top reason why btc will crash since it'll be illegal to use it. But i think that's far from happening since more and more governments see the potential of btc to make a change
I'm kind a bit late hearing this thing bitcoin. And since some of my friends are discussing money over it, my first thought on bitcoin is that it gives wealth to people, a currency that gives everyone of us an opportunity to become successful. Though people called it a scam, I don't believe them and just jump in, because I know it isn't. And now I'm so thankful to bitcoin because it teaches me a lot about everything, like, saving, investing, time management, etc. which is needed to become successful not only here in bitcoin but also in the real world.
Why would you even want to? It is serving as a great place to store value at the moment outside the FIAT banking system
no matter what happen bitcoin and crypto currencies will still have its users so you cannot in fact kill bitcoin is a currency that has a use for people around the world they can pay for goods that get delvired from country to country without any restrictions there are still people uses bitcoin as a currency despite the huge that only entered in crypto for the money
Why do you want to kill bitcoin, whereas many side positions of bitcoin can benefit you. I hope you change this kind of thinking, because maybe you are disappointed. Let's try to get back to have the spirit to mine in bitcoin. I myself was given a lot by bitcoin and this made my financial life change for the better.
Well I don't think bitcoin can be killed, it is not some local phenomena that can be curbed,controlled or stopped. It is now recognized as one of the medium of payments in many countries across the globe. And now with increasing valuation of bitcoin, they are high in demand making it a very high end resource, so interrupt such a high end resource and kill it seems really unlikely
I dont think bitcoin would be killed because most people like how is it going right now. And it helps a lot of people all over the world. It is also a good investment so killing bitcoin is a big no.
Jump to: