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Topic: What do you think is killing Bitcoin, if anything is? (Read 2826 times)

sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
What is killing bitcoin?
That is internet extinction.

If internet can't be used anymore, then bitcoin would become history.
someone already said that blockchain have private connection,its allow you make bitcoin transaction without internet,and if everyone already now nad start use it,i think internet extinction not problem anymore for bitcoin.
legendary
Activity: 2436
Merit: 1104

I think bitcoin is fine as it is, as long as we find a solution to this blocksize cap soon. Because something needs do be done about it.

It's also the arrogance and stubbornness of bitcoin miners, thinking only of themselves (although that is what you would expect from a decentralised system)

We need to find the perfect balance of democracy and decentralization.


the thing that is killing bitcoin is the users itself. we are the one who do most damage on bitcoins image. i dont know who its is
but im sure we are the ones who is killing bitcoin.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
i don't think anything is killing bitcoin, because it looks strong to me and growing each day.

but i think there are a lot of things that are keeping bitcoin back from its real potential and becomming huge. things like the FUD that is being spread by the media, and a lot of stupid traders who are looking for a temporary dip or the altcoin pumpers like the ethereum supporters.

Traders are like that - looking to make money of temporary movements. It is good if they can profit while bitcoin's price is moving up as well as down. You need different kinds of people to make up the bitcoin ecosystem.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
i don't think anything is killing bitcoin, because it looks strong to me and growing each day.

but i think there are a lot of things that are keeping bitcoin back from its real potential and becomming huge. things like the FUD that is being spread by the media, and a lot of stupid traders who are looking for a temporary dip or the altcoin pumpers like the ethereum supporters.

There are factors that my kill bitcoin like if many user will sell all their bitcoin and dont use it anymore and n o user for bitcoin i think thay is the worst scenario for bitcoin and it will be dead but for now its impossible price keeps rising everyday and many people buy more bitcoins now because they speculating the price increase when halving is come the price of bitcoin will be more high.
legendary
Activity: 1946
Merit: 1137
i don't think anything is killing bitcoin, because it looks strong to me and growing each day.

but i think there are a lot of things that are keeping bitcoin back from its real potential and becomming huge. things like the FUD that is being spread by the media, and a lot of stupid traders who are looking for a temporary dip or the altcoin pumpers like the ethereum supporters.
full member
Activity: 182
Merit: 100
What is killing bitcoin?
That is internet extinction.

If internet can't be used anymore, then bitcoin would become history.

Truth. No internet, no bitcoin. That is the fact that bitcoin is an online currency. Thread about bitcoin changing fiat will be impossible. It is entirely different than physical money.

Well if that thing would happen then it will really kill bitcoin but i think what would really kill bitcoin is that is the blocksize wont be upgraded to 2mb we will see a slow confirmation it the coming months.
legendary
Activity: 2940
Merit: 1083
What is killing bitcoin?
That is internet extinction.

If internet can't be used anymore, then bitcoin would become history.

Truth. No internet, no bitcoin. That is the fact that bitcoin is an online currency. Thread about bitcoin changing fiat will be impossible. It is entirely different than physical money.
member
Activity: 75
Merit: 10
All i can say if all holders do massive selling will affect the price and it will gonna die if investors are in panic selling And if the wallet provider is being hack or bankrupt it may also 1 factors that bitcoin might dead.
if price goes low
the bulls show their support
if price goes high the bears show resistence

that is how trading works, BTC is where it is now due to demand vs supply

and according to VPRO some miners are/were running at a loss (oct 2015) when btc was below $300
which would indicate the price to be undervalued at that time.

Right now that seems to have adjusted and BTC is trading where it should be.
even if big whales dump a shitload, there will always be other whales looking to pounce on that oppurtunity and buy a shitload at low prices,
as would probably many non traders, the low price would attract attention and create demand driving price back up (fast slow whatever)

as for companies going bankrupt, they go bankrupt do to fiat, and more importantly most likely due to the interest fees they must pay to their fiat creditor.

hacking, is just poor business model, by any company that wants to work with BTC but thinks security of its servers is not priority.
this gives more claim as to why we need P2P, as third parties cannot be trusted when they put (fiat) profits before prople.
sr. member
Activity: 490
Merit: 250
What is killing bitcoin?
That is internet extinction.

If internet can't be used anymore, then bitcoin would become history.
member
Activity: 75
Merit: 10

I think bitcoin is fine as it is, as long as we find a solution to this blocksize cap soon. Because something needs do be done about it.

It's also the arrogance and stubbornness of bitcoin miners, thinking only of themselves (although that is what you would expect from a decentralised system)

We need to find the perfect balance of democracy and decentralization.


money laundering is the obvious thing that gonna kill bitcoin,

If bitcoin have been used for money laudering much more, maybe some country will do something

do you mean more countries and politicians will start using bitcoin more, once they realize they can use it to launder money or hide money

panama papers may be good news for BTC
sr. member
Activity: 280
Merit: 250
I believe the long term issue going on with the bitcoin core and classic is one of the major factor which is killing in terms of growth.

There is no issue with the bitcoins that can never be solved. Small issues are with everything and they tend to get solved. So if u think bitcoin core and classic is one of the major factor which is killing in terms of growth, you are probably wrong.
legendary
Activity: 3080
Merit: 1500

I think bitcoin is fine as it is, as long as we find a solution to this blocksize cap soon. Because something needs do be done about it.

It's also the arrogance and stubbornness of bitcoin miners, thinking only of themselves (although that is what you would expect from a decentralised system)

We need to find the perfect balance of democracy and decentralization.


Apart for the technical nitty-gritties, I can say, the presence of around 650 altcoins is definitely killing the bitcoin. Even though the bitcoin is having the highest market cap, but the total investment, which should have been flowed in to the bitcoin market, is getting divided in to 600 odd altcoins.

This way the total market cap is decreasing and the price increasing is not happening as envisaged.

sr. member
Activity: 420
Merit: 250
Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.

Volatility makes Bitcoin very interesting for investors and others as it allows them to make profit whilst trading and it will also help bring in fresh money. What is bad for one person, is a good thing for the other.
I think the fluctuation has advantages and disadvantages and certainly no one who likes fluctuations as investors and traders. but if you ask ordinary people like me. of course i will prefer to stable price
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
A pertinent question is what equals life and what equals death?

Is death continuing as a niche that serves enthusiasts and dark market type stuff and it staying that way forever? It could well do. I wouldn't call that death but it is missing out on a planet load of potential.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
What's killing bitcoin?

Give me a good reason why I should go out of my way to buy bitcoin to use as a currency.  I have yet to hear a good answer to that one.  I do like it as a store of value and to gamble with, but it absolutely sucks as a currency (except on dark markets, I've heard).  But everything I want to buy I can more conveniently and more safely buy using fiat.
sr. member
Activity: 406
Merit: 250
Community is really killing bitcoin, everybody wants to use it and become rich but nobody cares about bitcoin, making it popular for example
legendary
Activity: 1120
Merit: 1000
when altcoin is better than bitcoin, bitcoin will be killed by the other altcoins which has great features and faster than bitcoin, we can see so many altcoin out there trying to compete with bitcoin, but i trully believe that only small of them will be survive
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Always bitcoin being "killed" by someone. But how? You never see a plausible method.  Roll Eyes
there's only 1 way to kill bitcoin

outperform it and steal all the users.
legendary
Activity: 1232
Merit: 1091
Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.

Volatility makes Bitcoin very interesting for investors and others as it allows them to make profit whilst trading and it will also help bring in fresh money. What is bad for one person, is a good thing for the other.
hero member
Activity: 504
Merit: 500
Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.
fluctuations occur because the user is still very small so the price movement can be set or manipulation. I agree with you maybe for now the biggest risk that fluctuations
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