Topic: What will destroy the bitcoin? - page 4. (Read 1454 times)
Bitcoin will eventually collapse through incriminating government regulations. The potential for government regulation of Bitcoin is most likely to exist, when many countries have limited access to or exchange of Bitcoin and other cryptocurrencies. China has been known for banning ICO (Initial Coin Offering) and restricting access to Bitcoin exchange.
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.
I think bitcoin will always be there because of future assets. That will destroy the bitcoin itself when we are not using it and no one else believes it anymore. Little by little bitcoin will disappear. But still support bitcoin to keep it growing.
Quantum computers are superior to ordinary computers, because they operate completely differently and have outstanding advantages. This will interfere with things that are built or generated based on passwords to activate, including Bitcoin. Because Bitcoin is "dug" by handling complex calculations on the computer. If quantum computers can break the encryption to unlock Bitcoin in a short time, they can generate more money than Bitcoin estimates, causing inflation and currency instability. on this system. They can even completely break the Bitcoin security system.
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.
The market cap is usually determined by bitcoin and altcoins price, so when we have soaring prices then expect the cap to rise and media declaring btc dead is a total bluff by them to get cheap coins...and remember some of these articles are paid for!So it could have been a whale trying to cause panic through FUD.
I think that will destroy bitcoin is the internet network because in the absence of bitcoin network aknlan become useless dab bitcoin aoan become damaged and useless. But that's impossible because bitcoin is made perfectly and made with very mature thinking is impossible if bitcoin gets damaged.
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.
Hacker i think because if they started to know how to hacked bitcoins then that thing will be useless anymore because they can now steal your money no matter what places you are because technology is everywhere. The bitcoins will really crash and maybe banned by all of the country because they are not safe anymore there are people who can steal identities and money. And the crime too if it just only leads into bad things rather than normal thing them it will totally gonna be destroyed and they will be banned entirely
I think that bitcoin will die or collapse only when it stops buying at all and absolutely no one will need it.this is the destruction of bitcoin
Where everyone would prefer another better token in the future if it did happen and no one will buy Bitcoin again.
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.
How can human greed destroy bitcoin? the popularity of bitcoin grows, and more people want to invest in it, so I think it's too early to think that bitcoin might disappear. 
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.
I guess that bitcoin will going to die if and only if the government declares it extinction and prohibition, all of the government around the world. When they start to hunt and imprison the bitcoin users and investors. When higher governance takes upon the bitcoin that will become the end of bitcoin in every aspect, but as i see it now the government is pretty friendly when it regards to cryptcurrency. Human greed is my special subject and I believe that over the past big civilisation and even political forces were grounded to death just because of one thing, “Human Greed”. The bitcoin however is something different and has arrived in the era of technical advances. Here people are greedy as well as enthusiastic too. But as we know greed always eats out enthusiasm so what about the bitcoin.
The gambles and trades are growing day by day but in scam manners and people are taking advantages of this to loot others and make the bitcoin economy very unhealthy. I’m pretty sure that’s the prime factor in destroying the bitcoin.
The gambles and trades are growing day by day but in scam manners and people are taking advantages of this to loot others and make the bitcoin economy very unhealthy. I’m pretty sure that’s the prime factor in destroying the bitcoin.
Very well said. Humans are added into these factors. But we can't destroy bitcoin if we will just take control those bad habits. A life without greediness or selfishness. If we destroy bitcoin, it is like destroying our future, too.
I think that bitcoin will die or collapse only when it stops buying at all and absolutely no one will need it.this is the destruction of bitcoin
Add also that it will die when all the bitcoin holders will start selling. And when that happens, market cap will decrease until it goes to zero so that's an indication that the bitcoin market is totally dead because no one wants to use it anymore. But the good news is that I don't see this coming and we're all done with this type of question on when/what will destroy bitcoin.
I think Bitcoin did not discover anything to destroy. It is an arbitrariness in the developing world which carries a fair deal of transactions. However, the advent of Bitcoin will cause pain on the second leg.
You're right in the media really breaking the image of bitcoins. That's why the impact on the price of bitcoins is really big. And another of the reasons is the novice who continue to believe in false news. I'm certain that the Traders and the Big Whales are just laughing at them because they have the opportunity to buy at a cost. I hope that learners begin to research before believing and I'm sure that the price of bitcoins will continue to increase in price.
Quantum computers are superior to ordinary computers, because they operate completely differently and have outstanding advantages. This will interfere with things that are built or generated based on passwords to activate. including Bitcoin. If quantum computers can break the encryption to unlock Bitcoin in a short time, they can generate more money than Bitcoin estimates, causing inflation and currency instability on this system. They can even completely break the Bitcoin security system.
Huge taxes can destroy the bitcoin. The truth is that many big governments don’t like Bitcoin because it threatens their monopoly over printing money. And nobody likes to lose monopoly.
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 cannot be possibly destroyed because the technology is currently taking over. We humans are the fuel that gives these machines motion and once we invent something, we cannot fully destroy it. The government and the media both have the same tactics to put a stop to the cryptocurrency world but they do not stand a chance against bitcoin.
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.
We, ourselves, can destroy bitcoin. It is just a matter of those investors if they back-off on bitcoin as these people makes bitcoin survive. The policies also affect bitcoin as those who implement it have a thing against bitcoin and it may result to its downfall. The criminals who do bad things such as threats, robbery, scam, and the like are most likely the reason why other people who would like to invest are scared enough to do so.
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.
Investors can destroy Bitcoin and the current Crypto market. Investors are the ones who decide the survival of all, it will continue to exist as long as the investor, and it will disappear when investors abandon it to choose a new more potential.
Bitcoin will die if most countries and rulers of the world do not allow it to develop. Now the situation of bitcoin is very unstable, and States may well stop it...
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