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Topic: What will destroy the bitcoin? - page 14. (Read 1454 times)

newbie
Activity: 113
Merit: 0
March 12, 2018, 06:31:02 AM
#95
the destruction of bicoin will be the beginning of another modern coin. maybe it could be with the introduction of a national coin either from asia or america. if it won,t be maniqulated and has the backing from that contient.I think the govermentor media will not be able to destroy bitcoin. only if the internet connection colses is possible only destruction
sr. member
Activity: 2366
Merit: 332
March 12, 2018, 04:59:02 AM
#94
The destruction of bitcoin will be the beginning of another modern coin.  Maybe it could be with the introduction of a national coin either from Asia or America. If it won't be manipulated and has the backing from that continent.
member
Activity: 336
Merit: 10
March 12, 2018, 04:51:44 AM
#93
I think the goverment or media will not be able to destroy Bitcoin. Only if the internet connection colses is possible only destruction.Moreover,it is made very well that destruction is not possible.But there is another way to destroy the creator can resist.
sr. member
Activity: 518
Merit: 250
March 01, 2018, 05:36:23 AM
#92
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
The only way that bitcoin will be destroyed or considered dead is when the time comes where no one supports bitcoin anymore OR the developers will shutdown the system. And humans also are the ones who destroys it when they use media.
full member
Activity: 364
Merit: 130
March 01, 2018, 04:55:09 AM
#91
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.

bitcoin is almost the same as democracy, where the people who hold power by way of trust in him. Bitcoin is popularized by the world's population who understand that this technology will have great value in the future, and with that trust capital, more and more people are adopting it, until the price can be as it is today. If you ask what will destroy bitcoin, of course the answer is its users. When no one believes in bitcoin, this cryptocurrency will be worth nothing.
jr. member
Activity: 308
Merit: 5
March 01, 2018, 04:27:18 AM
#90
There are a lot of things to destroy bitcoin, and there are a lot of thinks to destroy anything in the wold you should not worry about all this things.
member
Activity: 112
Merit: 15
March 01, 2018, 04:13:40 AM
#89
I think Bitcoin will not be destroyed. In some countries, although the government forbids bitcoin trading, clever bitcoin players trade through other channels. Unless the internet disappears, Bitcoin will not be destroyed.
full member
Activity: 504
Merit: 102
February 28, 2018, 01:41:14 PM
#88
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.

If you are finding yourself a way to destroy Bitcoin in terms to asking questions to other people, well, we would not tell you. Smiley
full member
Activity: 602
Merit: 100
February 28, 2018, 01:38:12 PM
#87
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
The power that will be able to disable the Internet around the world - will destroy bitcoin. Or there will be a Satoshi Nakamoto and sell all his bitcoins together, thus lowering the rate. Wink
sr. member
Activity: 1236
Merit: 252
February 28, 2018, 01:35:17 PM
#86
That will destroy Bitcoin is ourselves. When we do not use Bitcoin then the price of Bitcoin will continue to decline. The current price is because many people trust and use Bitcoin, keep support to Bitcoin and we will feel the benefits. When we do not use Bitcoin then Bitcoin will slowly disappear and will not mean anything at all.


True, since bitcoins value depends on the market activities which relies on the activities related to its users and investors. As long as bitcoin is being used by people then it will continue on doing its purpose.
Yeah the market activities matters a lot because if the market will make price high it will increase the number of investors but it will be a little late so it is the opportunity and chance for those who want to invest as the price of bitcoin is low and investors can invest to the bitcoin very easily. Use of bitcoin is making the bitcoin more alive than before, lack of investment can make the price down but nothing can destroy bitcoin for long time, sometime price get high and sometimes it went down but no worries rise and fall in so common in bitcoin now price is increasing again and bitcoin is not currency to destroy but it use to increase all the time.
member
Activity: 86
Merit: 11
February 28, 2018, 01:34:51 PM
#85
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.

Bitcoin will not get destroyed completely ever in my opinion. However, we may see any other coin replacing it as the most popular and commonly used option.
member
Activity: 156
Merit: 13
February 28, 2018, 01:27:39 PM
#84
Bitcoin was well created and I don't believe there is a way to destroy it. The creators will prevent this to happen

Everything that is created can also be destroyed in the same way! Nothing in this world is stable and secure. The human lives, the nations, the world - all can be easily destroyed if the people take the wrong paths. In this scenario, the question is about the Bitcoin power to prevail over obstacles. Will it prevail or will be destroyed utterly, in the end, depends on the human factor which has created it as such.
We cannot predict the future but with the right decisions, the believers of the crypto can for sure try to prevent damage to happen!
sr. member
Activity: 1232
Merit: 250
February 28, 2018, 01:02:43 PM
#83
I think that might be the government. Bitcoins can be destroyed by governments of many countries. There may be rules prohibiting people in their country from using Bitcoins. This may be due to a number of national security reasons or the effect of government profit.

Government cannot completely destroy it because not all of the government will ban it, but media and people who uses it can completely demolish it. People who listen too much to the analysts and few stupid predictors can lead to something destructive related to Bitcoin and cryptocurrency also to some extent.
member
Activity: 238
Merit: 10
February 28, 2018, 10:44:33 AM
#82
Bitcoin can ruin think only the introduction of the government is the first and second is that if people stop buying bitcoin. The most options that can destroy the system.
jr. member
Activity: 118
Merit: 2
February 28, 2018, 10:43:21 AM
#81
I think that might be the government. Bitcoins can be destroyed by governments of many countries. There may be rules prohibiting people in their country from using Bitcoins. This may be due to a number of national security reasons or the effect of government profit.
jr. member
Activity: 168
Merit: 5
Now You Can Be The Bookmaker!
February 28, 2018, 10:43:12 AM
#80
Under normal circumstances, bitcoins is not going to be dead or get destroyed unless people will no longer support or use these coins. And because there are so many agencies or companies that are now using the coins, destroying it would be unnecessary and why would somebody else do that? If these happens maybe it will be true that greed will destroy it.
newbie
Activity: 76
Merit: 0
February 28, 2018, 10:39:22 AM
#79
People's indifference will be able the main factor of Bitcoin death. BTC will die if people start not interested in it.  Cry
sr. member
Activity: 658
Merit: 250
February 28, 2018, 10:34:58 AM
#78
Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.

its brainless propaganda sect and the fact that bitcoin is some kind leecing ressources,

from a humanist perspective bitcoin has legtimiacy issues

A lot of factors that can be considered for its death. It could be the loss of demand in the global market or it could be the people itself, the community that's careless and greedy.  Loss of interest and willingness is the greatest challenge in the crypto world and it won't bring you anywhere but bad results. It has been for a long time declared that it's dead since it started making noise in the market even up to this very days,  but in contrary the more it continues paved the way and really an extreme breakthrough. And now a lot are enjoying and earning from it. Bitcoin will live forever as long as we let it be. The future and welfare of bitcoin is in our hands. It all depends on us and the consequences of our actions will tell how effective are we as bitcoiners.
member
Activity: 415
Merit: 10
Colletrix - Bridging the Physical and Virtual Worl
February 28, 2018, 10:32:57 AM
#77
I'm not sure bitcoin will be destroyed, although many countries forbid it, I think it will not be able to destroy bitcoin, maybe bitcoin will be destroyed, if worldwide there is no longer akse internet, because bitcoin will work only with internet access.
full member
Activity: 392
Merit: 100
February 28, 2018, 10:32:13 AM
#76
Bitcoin will be dead if the electricity and internet connection will be shut down across the whole planet because bitcoin nodes cannot contact each other. Even a temporary shut down will create confusion among bitcoin community. Other than that, the government restriction all over the world, making it hard to exchange bitcoin, making it's transaction useless.
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