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Topic: If bitcoin has enemy (except altcoin) what is it? (Read 3163 times)

hero member
Activity: 742
Merit: 500
Bankers are the enemies of bitcoin forever.They consider bitcoin as their main rival.They try their best to destroy bitcoin.

Governments come under the second category.They just don't want bitcoin to progress more and so they take actions to ruin its progress just as china is now doing.

In future,quantum computers may become the worst enemies of bitcoin.It is said that they would be able to read the private keys of our bitcoin wallet with the help of public key itself.It will be a serious threat to bitcoin.
sr. member
Activity: 415
Merit: 250
In my experience i think there's only their enemies exist in this world. First one is china after the ban on ICO the price fall down. Second is JP MORGAN  third and last one is Bankers. We all know how Crypto is destroying bankers and banking sector does like this digital form of currency. I think Bitcoin has to face all these hardles and is coming out good as you can again see the all time high price of 5200$ today.
full member
Activity: 252
Merit: 100
I think the worst enemy is the bankers, crypto will be the end of banking, as there will be no need for them, thank God for that, The bankers are the biggest criminals in the world.

Maybe you mean banks? cause banks and banking has big difference. Bitcoin offers banking and more whereas you control your own money. Whereas banks is a third party intermediary thus saying crypto will be the end of banking is entirely wrong. I say cryptocurrencies revolutionize banking whereby these traditional banks are no longer relevant to conduct commerce.  
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
The biggest enemy of bitcoin will be the government and bad media. The government will try to control and manipulate bitcoin so that they can gain profit on it and mad media causes FUD on people causing them be afraid that they might lose their money on bitcoin causing them to sell their coins making the price go lower.

the media and the government can be the enemy for bitcoin but they are not the real enemy because sometimes the media wants to make bitcoin down in a moment so they can buy bitcoin at cheap price. and the government itself can not control bitcoin but i am sure that the government is agree with the bitcoin concept which can help every people to solve their financial problem. and i think the enemy of bitcoin is the weak hand person that trying to selling their bitcoin when the price is make a little correction for the price and that person don't want to get loss.
full member
Activity: 560
Merit: 102
Bitcoins worst nightmare would be a crashdown of internet and power.
I agree with you. without the internet and energy that exist on this earth, bitcoin will be paralyzed. besides, people who use bitcoin for crime make bitcoin image bad.
full member
Activity: 142
Merit: 100
Rothschild indeed an enemy in the future and US Government of course might do some sh*t in bitcoin world..
legendary
Activity: 1330
Merit: 1003
Bitcoins biggest enemy is not any government or other force. It simply isn't. Governments cannot realistically stop it at this point. Unless they shut down the internet.

The only threat is a new, better cryptocurrency. Bitcoin is not perfect by design. For its time, it was incredible. Now, however there are new technologies that make for better cryptos. Bitcoin is left behind in that regard. And once a coin comes along that is significantly better in most or all respects, I think Bitcoin will actually die off quite quickly.
sr. member
Activity: 350
Merit: 250
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

Greedy people who sits inside the government, those who are planning to regulate bitcoin and make it centralized those are the enemies, but those who supporting blockchain and its tech they are friendlies and families to bitcoin
sr. member
Activity: 616
Merit: 252
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

The bankers teaming up with the government. Once they combine forces then digital currency suffers. They know that users of cryptocurrency are still vulnerable because it is new so a rumor or news spreading FUD would have a big effect in the price and we have seen it recently. Bankers and the government in China decided to ban crypto trading in their country because financial institutions are threaten by it so as a protection for them, government bring up licensing so that they would still have control. Bankers losing their business and government losing their control would be the worst enemy of bitcoin.
full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
The biggest enemy of bitcoin will be the government and bad media. The government will try to control and manipulate bitcoin so that they can gain profit on it and mad media causes FUD on people causing them be afraid that they might lose their money on bitcoin causing them to sell their coins making the price go lower.
full member
Activity: 462
Merit: 100
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

I think if there are bitcoin's enemy, it will be the users. We all know that the user's are the most important when it comes to it's value, but even so, the users are the most reason why there are some problems in the blockchain. They  keep clogging it, there are a lot of users so there will be always a massive number of transactions. Good thing bitcoin is still being developed.
Mine is users too! Well bitcoin serves us dear users with its servicea, but I think that we users can also formulate the end or be the worst enemy of it.
First is the non-patronage well seems like it is impossible but to tell you the truth, it is possible. If people would turn their backs on bitcoin, then there is a possibility that it will become worthless.
Second, with the high end technology comes the high end attacks of it. Users or anti bitcoin can formulate a way for some malware to come into the system. Making online wallets vulnerable to hacking and unauthorized transfers.
Lastly, are the banks. They can move for a resolution to ban pemanently bitcoin because of the threat that the government will not profit from it like banks do.
These are just my opinion.
full member
Activity: 294
Merit: 100
the worst enemy of bitcoin for me is skeptical governments followed by weak hands.
government banning of cryptocurrency in their country do have effect on bitcoin.
and if weak hands will sell due to this then another drop will surely follow.
just imagine what could happen if there are at least ten countries banning cryptocurrency together.
i think the effect of it with bitcoin is surely destructive
Cheesy
member
Activity: 110
Merit: 100
I think banks can be ennemies for bitcoin and altcoins. Banks will loose many clients who moves to put their money in bitcoin instead of banks.
full member
Activity: 742
Merit: 100
In The same time and in the same day there are not enemy altcoin. Altcoin is a try to breakout bitcoin value but we hope in the next 20 years no one can overcome and no one can breakout bitcoin value. If bitcoin has a any kind of enemy that is only Local  Government  because they are not get any Tax so only real enemy is Government.
full member
Activity: 392
Merit: 101
You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

other than that electricity and internet i think is also influential. because electricity and internet needed to mine and do transaction, if government policy I think not too influential. because now in my country bitcoiN is still in unambiguous status legality, but the government does not forbid it. therefore bitcoiN is still developing in my country.
legendary
Activity: 1120
Merit: 1000
Scared people. If fear of bitcoin were to spread like a disease, everyone would sell, stop mining, no one would buy, bitcoin would simply die out. Governments cannot really do anything (yet at least). And one governmnent doesn't necessarily apply to another. But scared family members, wives, husbands, close friends etc can have great influence on people.
sr. member
Activity: 1008
Merit: 297
Grow with community
The people who want to Control Bitcoin, As we all see how powerful bitcoin at present, banks and financial business already considering its technology to be adapt on their businesses, No one owns bitcoin that's the nature of it a decentralized, however if someone or somebody successfully controls this then its not the real Bitcoin that I knew its his enemy.

member
Activity: 60
Merit: 10
The swarm is headed towards us.
Altcoins aren't the enemy, government, banks and sometimes the miners are.
member
Activity: 61
Merit: 10
Banks and government are the most likely opponents of Bitcoin due to them having control over the currency and Bitcoin interferring. But in more reasonable situations government can be pro-Bitcoin.
full member
Activity: 265
Merit: 100
Pretty kewl right?
Aside from altcoins there are other two who wants to take down the BTC, the Government and Central Bank they're so eager to take down/control the btc, good thing they can't.
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