Is there any way to destroy the bitcoin? - page 9.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: Faolom on December 26, 2017, 12:13:01 PM

Bitcoin needs huge changes because of its centralization, high fees and awards for miners... I see the future of BTC in the new fork - Segwit2X.
More info here: https://b2x-segwit.io/

Your comments are not falling on deaf ears and i might even build some public HTTP APi's to help Segwit to
get a leg up. Lets take the block-chain back from mafia control that has half the posters here convinced that
high transactions fees is the way to go as a bug fix for a badly written system.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: Portia12 on October 23, 2017, 10:27:22 PM

i think people who make bitcoin as payment for illegal transaction will harm bitcoin. another thing is when you make a scam with the use of bitcoin they will not trust bitcoin anymore and government is the other one who can destroy bitcoin when they ban it in their country.

We don't need an outside team of scammers to bring BTC down and all you have to look at is the transactions fees at the beginning
of the year being $0.07 and now they are like $40 but was Annon to turn on BTC then they would lock the system up and crash the price
in no time.

Some members of Annon are saying BTC has been taken over already and they back-up the argument with some very
compelling arguments but here is one that's not Annon if you think all is happy in crypto world.
https://www.youtube.com/watch?v=UYHFrf5ci_g

ghost424

full member

Activity: 630

Merit: 103

If people start abusing it and other people would forget bitcoin because some of the users are abusing the use of it then that would cause bitcoin to fall. If there is no internet, there would be also no cryptocurrency because it is electronic money.

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: MadScienceSocks on October 23, 2017, 10:38:14 AM

Is there any way to destroy the bitcoin? Not to hack or fake it but completely destroy the system.

Actually all things in this world has a way to destroy and it is easy to think if you have evil mind because all they want is to destroy. And i have some way if it is really work, to destroy the bitcoin all countries need to unite just to banned it all and illegal it to the industry so that no one can used bitcoin

honeybites

newbie

Activity: 21

Merit: 0

Nobody can destroy bitcoins . It is foolish to think so.

thenameisjay

full member

Activity: 462

Merit: 100

The only way to destroy bitcoins is to destroy the blockchain to which it depends on. However, this will takr enormous amounts of computing power as well as a lot of good hackers to do it. The kost important ingredient of them all is time. With all of these combined, blockchain will die together with bitcoins.

Bitcoinislifer09

full member

Activity: 257

Merit: 101

Quote from: MadScienceSocks on October 23, 2017, 10:38:14 AM

Is there any way to destroy the bitcoin? Not to hack or fake it but completely destroy the system.

I think there is a some ways to destroy the bitcoin especially is it open to all people so that every each of us has a freedom to do what is our want to do here in bitcoin because it is hard to trace or find out.Especially there are people who is smart in terms of technology like IT's specialists.Always remember that bitcoin is not a lifetime.

kyanscadiel

full member

Activity: 140

Merit: 100

Quote from: MadScienceSocks on October 23, 2017, 10:38:14 AM

Is there any way to destroy the bitcoin? Not to hack or fake it but completely destroy the system.

I think the only way to destroy bitcoin is thru technology or internet. For me without internet technology no one can do transactions with bitcoin and bitcoin systen itself has no functions. But shutting down internet technology is very impossible especially now that we are living in a digital world and almost everybody uses the internet.

Chakitot

newbie

Activity: 33

Merit: 0

You have something against the bitcoin system?
Well everything has a way....
Haha but it will take years..... Because it's a large system now..

Timeme

jr. member

Activity: 84

Merit: 1

If the Internet still exists, destroying bitcoin becomes impossible.
I've heard a rumor that it would be dangerous to manipulate bitcoin as long as the miners had 51 percent of the force.

Malamok101

full member

Activity: 868

Merit: 100

Proof-of-Stake Blockchain Network

there is no reason to break the bitcoin because it's legit and it's a lot of users and it's been tested by a lot of people so it's a lot of damage to the people who break it here. It's time when bitcoin breaks down as I think it's hopeless to lose other altcoins such as bitcoin so far nothing changes in bitcoin because sometimes it does not matter and disappear.

MWesterweele

hero member

Activity: 1372

Merit: 564

Quote from: jko4 on December 26, 2017, 06:30:46 AM

https://b2x-segwit.io/ was made by blockstream devs.
The goal of fork is to destroy bitcoin.
Blockstream devs openly work on destroying bitcoin with fees, and now also with stupid forks.
Blockstream is on Roger Ver payroll? The only man who benefits from this SegWit drama is Roger Ver with his Bitcoin.com website. Andreas Antonopoulos, biggest 1mb limit shill, was openly paid recently by Roger Ver in form of "donations". Roger Ver goal is full control of bitcoin software and bitcoin.com website, so he can be a bitcoin boss. And the only way for him to succeed is destroying bitcoin.org software.

Maybe but if someone tries to destroy bitcoin, that person need be a master hacker before hel/ she can destroyed it. And I think its make difficult to someone to destroy bitcoin because the one who create it is the one who can destroy it.

mxyzptlkof6th

member

Activity: 294

Merit: 26

It is very impossible. The system is scattered globally and if a government will try to ban it, it will only adapt and remain as a digital currency.

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: MadScienceSocks on October 23, 2017, 10:38:14 AM

Is there any way to destroy the bitcoin? Not to hack or fake it but completely destroy the system.

There is a lot and so many things that are detromental to the growth of not just bitcoin but to cryptocurrency as well. First is the regulations imposed on it and if ever the sanctions it would face can lead to its demise if not studied carefully and thoroughly

ezekhiele

member

Activity: 196

Merit: 10

" As long as you love me"

Yes! All of the things in this world has its end. No one is permanent and no one will stay longer. Bitcoin will destroy itself and if there is no internet connection will also destroy bitcoin. If no one will invest, trade and patronized bitcoin it will lead to its end.

Faolom

newbie

Activity: 54

Merit: 0

Bitcoin needs huge changes because of its centralization, high fees and awards for miners... I see the future of BTC in the new fork - Segwit2X.
More info here: https://b2x-segwit.io/

You can help to promote the fork by submitting a support ticket to your favorite exchange and ask if they foresee the Segwit2x fork listing anytime soon.
The larger and more active is the community - the faster exchange platforms should commit to a fork

1. Bitfinex
https://www.bitfinex.com/support
https://twitter.com/bitfinex

2. Bithumb
https://www.bithumb.com/u1/US129/18?v=pc

3. Bittrex
- https://bittrex.zendesk.com/hc/en-us
- http://slack.bittrex.com/
- https[Suspicious link removed]xchange

4. Binance
https://support.binance.com/hc/en-us
https://twitter.com/binance_2017
https://t.me/binanceexchange (ENG)
https://t.me/BinanceChinese (CH)
https://t.me/binanceexchange (RU)

5. OKEx
https://www.okex.com/linkUs.html
https://twitter.com/OKEx_

6. Poloniex
https://poloniex.freshdesk.com/support/home
https://twitter.com/Poloniex

7. Bitstamp
https://www.bitstamp.net/
https://twitter.com/Bitstamp

8. Huobi
https://www.huobi.pro/
https://twitter.com/HUOBI_Pro
https://t.me/huobiproofficial

9. Kraken
https://support.kraken.com/hc/en-us/requests/new
https://twitter.com/krakenfx

10. EXX
https://cex.io/
https://t.me/EXXcom

albert11

hero member

Activity: 679

Merit: 500

Quote from: shursight on October 23, 2017, 06:11:02 PM

It has already been answered a lot of times before.. but yes, there are some ways that bitcoin could be destroyed, the most common way is if all the most important banks decide to spread a massive fud over bitcoin, and this will make the whole market collapse and everybody will enter in panic selling mode, and this will make the price go down by some thousands. And then, some governments will do the same as the banks, and everybody would lost their faith on bitcoin, or almost everyone.

I agree with what he says. A lot of ideas are said before on how to destroy bitcoin but I think that one of the best ways to destroy bitcoin is to destroy the market and infrastructures around it. Government banning the bitcoin can also be a way to destroy it. Banks together with the government can spread fake news about bitcoin so that all people will be discouraged to use it.

s0beit

sr. member

Activity: 556

Merit: 250

Quote from: MadScienceSocks on October 23, 2017, 10:38:14 AM

Is there any way to destroy the bitcoin? Not to hack or fake it but completely destroy the system.

I think that the only thing that could destroy bitcoin is when internet connection will be destroyed. If this happens, bitcoin will not be accessible and it can't be used. However, I really think that this is impossible to happen. Bitcoin will continue to surge because bitcoin is now becoming more famous because of it's convenience and profitability.

ejswift

member

Activity: 253

Merit: 10

Yes there is a possible way to destroy bitcoin everyone can destroy it our community too because the reason why bitcoin is keep rising it is because of the investors or people who trades it so if no one use bitcoin and no one invests or trades it it will be losing or decreases in market economy but it is too hard to destroy it because there a millions of people using bitcoins around the world so dont expect bitcoin will be destroy unless theres a new futuristic cryptocurrencies it will be an enemies

jko4

newbie

Activity: 14

Merit: 0

https://b2x-segwit.io/ was made by blockstream devs.
The goal of fork is to destroy bitcoin.
Blockstream devs openly work on destroying bitcoin with fees, and now also with stupid forks.
Blockstream is on Roger Ver payroll? The only man who benefits from this SegWit drama is Roger Ver with his Bitcoin.com website. Andreas Antonopoulos, biggest 1mb limit shill, was openly paid recently by Roger Ver in form of "donations". Roger Ver goal is full control of bitcoin software and bitcoin.com website, so he can be a bitcoin boss. And the only way for him to succeed is destroying bitcoin.org software.

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