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Topic: Is there any way to destroy the bitcoin? - page 11. (Read 3076 times)

full member
Activity: 434
Merit: 104
December 15, 2017, 08:13:57 AM
Shutting down the internet can destroy bitcoin but this kind of move is impossible. Bitcoin can be destroy by the one who created it but it's not gonna happen. I think the government has a true power to destroy bitcoin for banning it so every people will discourage to used any cyrptocurrencies.
hero member
Activity: 2912
Merit: 613
December 15, 2017, 05:42:29 AM
For me, i think that there is no way destroy bitcoin, it can not be stopped it is forever, in fact it will soon be the main currency in this world that government of countries will be using.
I strongly believe in bitcoin but i am also open that making illegal acts through the use of bitcoin will somehow cause to its downfall.Though there are a lot of benefits we can get from bitcoin but there are still people who take advantage on it through some illegal ways.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
December 15, 2017, 05:38:53 AM
Shut down the internet in whole world forever then you destroyed the bitcoins.But it looks like highly impossible so you never can destroy bitcoin.

But bitcoin may lose its value if it banned in all the countries but still bitcoin will be there and you can use it.
member
Activity: 104
Merit: 10
December 15, 2017, 05:32:00 AM
Just launch some rockets on the 20 biggest miner farms (in iceland, china etc) just after a difficulty adjustment,
it will slow down the block generation, bitcoin network will be stuck due to the hashrate lost and the difficulty too high... remaining miners will abandon bitcoin because price will be affected... and this will be a vicious circle that can lead to the end of bitcoin

Pretty simple, just need some rockets Cheesy
newbie
Activity: 140
Merit: 0
December 14, 2017, 01:30:33 PM
Bitcoin is the strongest and adeptly known currency in the archives of crypto and no one can con bitcoin. It is impossible to spoil bitcoin because if it was possible than many people will tried to hake them or perform the price of bitcoin.
full member
Activity: 336
Merit: 100
December 14, 2017, 11:42:44 AM
I think the way is that everyone simultaneously does not use bitcoins and does not want to accept them at all.
so on turn off internet connection all over the world i think that way can destroy bitcoin.
but all that I'm sure it is impossible to do. Grin
full member
Activity: 532
Merit: 101
December 13, 2017, 01:01:48 AM
One way  that can bring down bitcoin just like any market is by shorting that market too much or a typical pump and dump. Investors would lose interest, market would plummet, bubble will pop.
Well I think it’s not truly possible now, yes one can push bitcoin down for sometime by introducing new projects and currencies to digital world. But they could only give them a tough competition but would not be able to replace bitcoin. It is a promising currency and it is to be accepted that up and down is the part of every currency
member
Activity: 70
Merit: 10
Interested in bitcoin
December 12, 2017, 08:19:02 AM
For me, i think that there is no way destroy bitcoin, it can not be stopped it is forever, in fact it will soon be the main currency in this world that government of countries will be using.
member
Activity: 116
Merit: 100
December 12, 2017, 08:11:32 AM
There are so many ways to destroy the bitcoin but it's so difficult. This crypto currency can't for die, if someone tries to destroy bitcoin it's not so easy. I think if bitcoin admin or moderator want to destroy bitcoin they would can destroy, because they know everything about bitcoin.
sorry i do not agree with what you have just said
how can they destroy the bitcoin the ones you talked about ?
they dont have the full control of it
member
Activity: 116
Merit: 100
December 12, 2017, 08:10:06 AM
If you want to destroy the bitcoin then you need to make sure that you have a high influence in the community and just like the government where they can easily destroy bitcoin because they got the power for being a leader and a great influence to the people that they have coverage. If they want to destroy bitcoin then they can easily make some bad news or laws that will cause for bitcoin to die.
there no higher influencers than the media owned by governments such US  but they cannot do nothing about bitcoin as long as internet exist.
member
Activity: 350
Merit: 13
December 12, 2017, 08:05:05 AM
until now nothing has been able to destroy bitcoin, unless bitcoin is not accepted as a medium of payment anywhere in the world, any government ban in any country about the circulation of bitcoin by closing its entire market. maybe that will destroy bitcoin.
full member
Activity: 616
Merit: 108
io.ezystayz.com
December 12, 2017, 07:56:55 AM
There are a lot of ways to destroy Bitcoin, but the most effective way is that countries in the world bans using Bitcoins. Investors in that countries will stop using it and the normal users will also stop. Nobody wants trouble with their government so they will stop. If nobody is going to use Bitcoin anymore the price will get very low and it will have no value in the near future.
full member
Activity: 126
Merit: 100
December 12, 2017, 07:52:50 AM
There are so many ways to destroy the bitcoin but it's so difficult. This crypto currency can't for die, if someone tries to destroy bitcoin it's not so easy. I think if bitcoin admin or moderator want to destroy bitcoin they would can destroy, because they know everything about bitcoin.
Yes of course because there's no permanent in this world like in bitcoin it can destroy it by the one who create it. But if someone destroy bitcoin good luck for them because this cryptocurrency is not easy to copy, hack and destroy. Also many people try to destroy it but there are never succeed, so i think thats the reason why many cryptos came out because they want to become much ahead in bitcoin.

Very good and objective perspective mate. That is the bottom line, there is nothing permanent in this world. But anyway it will be difficult to destroy the crypto currency market at this point.
newbie
Activity: 51
Merit: 0
December 12, 2017, 07:50:44 AM
I suspect there is no way to destroy bitcoin
sr. member
Activity: 630
Merit: 258
December 11, 2017, 03:11:49 PM
Is there any way to destroy the bitcoin?  Not to hack or fake it but completely destroy the system.

I think there are lots of things can affects bitcoin just like other business. Social Diversity, Politics, Economic performance, demand of the public and so much more to consider.
As long as the company and management of bitcoin become consistent on the innovation that they execute. They will become invulnerable.
newbie
Activity: 9
Merit: 0
December 10, 2017, 03:25:29 PM
yes. it can be killed in any time.
It can be killed by any cryptocurrency that is better than bitcoin.
Bitcoin becomes to slow nowadays.

How stupid.
You can't kill bitcoin.
Bitcoin is a piece of code, you can't kill code.
full member
Activity: 364
Merit: 100
December 10, 2017, 03:24:47 PM
No need to be destroyed ,, one day it will be destroyed by itself. At a time when prices are no longer affordable by small investors, and they choose other crypto as an investment then bitcoin will get out of the way. So we don't have to think about how bitcoin will destroy, just waiting for a time and we can see it all. From now we should start trying not to rely on bitcoin exchange rates.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
December 10, 2017, 03:12:06 PM
There are so many ways to destroy the bitcoin but it's so difficult. This crypto currency can't for die, if someone tries to destroy bitcoin it's not so easy. I think if bitcoin admin or moderator want to destroy bitcoin they would can destroy, because they know everything about bitcoin.
Yes of course because there's no permanent in this world like in bitcoin it can destroy it by the one who create it. But if someone destroy bitcoin good luck for them because this cryptocurrency is not easy to copy, hack and destroy. Also many people try to destroy it but there are never succeed, so i think thats the reason why many cryptos came out because they want to become much ahead in bitcoin.
hero member
Activity: 812
Merit: 500
December 10, 2017, 02:54:57 PM
yes. it can be killed in any time.
It can be killed by any cryptocurrency that is better than bitcoin.
Bitcoin becomes to slow nowadays.
member
Activity: 181
Merit: 10
Working as a Web Developer and Cyber specialist.
December 10, 2017, 01:36:47 PM
There are so many ways to destroy the bitcoin but it's so difficult. This crypto currency can't for die, if someone tries to destroy bitcoin it's not so easy. I think if bitcoin admin or moderator want to destroy bitcoin they would can destroy, because they know everything about bitcoin.
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