Topic: What will destroy the bitcoin? - page 7. (Read 1454 times)
The media will not be able to destroy bitcoin, although many media are preaching negative about bitcoin, it will only make bitcoin prices down. But that will destroy bitcoin is internet access, if the internet can not be accessed again, it will make bitcoin destroyed, because bitcoin can be used only, with there internet access.
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.
You have a point, but for me bitcoin can be destroyed when its medium, the Internet and the gadgets that we have used to access bitcoin is being lost or destroyed so that it its medium is not working then we cant use bitcoin. 
the bitcoin breaks people as well because other people who envy the bitcoin are spreading bad news and are not true to break the bitcoin and this will cause the downfall.
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 not fully independent and some fake news can affect the price directly and that's why sometimes we see some price drops and even price crashes, because of the fake news, fake people (or calling fake experts) which predict the price without basing on any fact or any other source and make panic to people to sell or buy and so the price gets increased up to 20k or more or goes to the bottom of 7-8k which we are seeing nowadays.
I think even government and media cannot destroy bitcoin, the only thing that can totally destroy bitcoin is when there is no internet.
I agree with you, I do not understand with the government who wants to take power also in this bitcoin, they make their own regulation without considering bitcoin users whether or not to agree with the regulations that are made. I think this benefits the government and harms the user, this could be destroying bitcoin because many users are out of bitcoin. 
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 be destroyed by:
propagandistic attacks
1. environmentalists,
2. by competition for attention by other cryptocurrencies.
(more than 1400 out there)
3. buy its unuseability.
regards
There are many ways to destroy bitcoin. If you don't use bitcoin then it's price will drop and it can destroy .If you have less knowledge of it and you don't interested to mine it or you have not any powerful hardware computer to mine it then it can destroy. More than all , lgovernment is the biggest enemy for this. Because it can't support bitcoin . On the other side media reports effects badly.
Bitcoin is hottest selling ice cream. Prices of bitcoin are going down from last couple of days and people assumed that bitcoin will come to an end soon which is totally baseless and due to lack of understanding of bitcoin. It is the human mind with negative thinking which will destroy Bitcoin and some mind are of paid media which are promoting such news for running their channel. So kindly don't read such article if you believe bitcoin truly. Also stop reaction for such negative minds which are here to spread negativity without any base and reason.
for me the reason to destroy bitcoin is the time that no one will trust and believe on bitcoin. but this things in never be happen because we all known that bitcoin is the center of attraction of all crypto and too many people invest and believe on what bitcoin will do to their life.
Nothing really! It is based on math algorithms and math algorithms never fail.
If we all died and there was no one to use it. If all electricity went out and we couldn't power gadgets. If the internet went out forever.
I think the only enemy that bitcoin has is the government and the only thing that can destroy it. It's not really hard to bring bitcoin down because the problems are already present like drugs and scams.
The government and the big banks will try to crushed the bitcoins because it is a big threat to them. They will used the media to influence the people to fear the bitcoin investment but they can't kill it. Even the emergence of the new cryptocurrencies that will compete the demand of bitcoin, but it can't bring the bitcoin down. The only thing that could destroy the bitcoin is, if all sources of electricity and internet were shut down across the planet, all the computers will be broken, worst case scenario, then it will die.
Negativity is the one who could destroy bitcoin. If all our positivities to bitcoin will be replaces by negativities then its the end. Come to think of the effect of mainstream media to bitcoin users, investors... Posted negative articles destroys the trust and confidence to bitcoin little by little.. Therefore as long as people keeps its trust and confidence, bitcoin will continue to exist.
Which will destroy Bitcoin is ourselves because when we do not use Bitcoin then it will lower the level of confidence in Bitcoin. Bitcoin prices will gradually decline and that would be a bad thing for Bitcoin price development in the future. Bitcoin will break down slowly and it will eliminate everything. Yes it all depends on ourselves, we must continue to use Bitcoin and we must assume that Bitcoin is a medium of transactions that can be used to perform daily financial transactions. When we start leaving Bitcoin we will start to slowly destroy Bitcoin. So do not ever forget Bitcoin if we do not want to see Bitcoin destroyed !!
I guessed if everyone stops purchasing and starts letting go their bitcoin, bitcoin will die off for sure.. it all depends on us, humans. After all its created by human as well.
How to destroy bitcoin is hash more than 50% of total hash network (51% attack).
If a person has hash power, then he / she can:
- make double / profit 2x with the same BTC, nice it only has 1 BTC but can transaction for example 5x masing2 1 BTC, can generate mass mass.
- Very likely he can increase difficulty quickly, others become lazy bitcoin miners.
Because it has to fight bitcoin network, it takes very very much and very very other hardware.
who can do this is just a government. Not an ordinary person.
https://ads.id/forums/index.php?threads/cara-menghancurkan-bitcoin-51-attack.176995/
so what will cause the plug to be pulled? the fact that bitfinex is likely insolvent now?If a person has hash power, then he / she can:
- make double / profit 2x with the same BTC, nice it only has 1 BTC but can transaction for example 5x masing2 1 BTC, can generate mass mass.
- Very likely he can increase difficulty quickly, others become lazy bitcoin miners.
Because it has to fight bitcoin network, it takes very very much and very very other hardware.
who can do this is just a government. Not an ordinary person.
https://ads.id/forums/index.php?threads/cara-menghancurkan-bitcoin-51-attack.176995/
Shit might explode. we could see a bad crash. This is still a high price to me, lol. I'm talking 1k new stability line
Two possibilities - no base of operations (HK government has told them to leave) or charges pressed against them in a civil court, leading to discovery that the Tethers are unbacked.
Impact on market - hard to predict. It's like a bank run, you don't know where it's going to land.
How to destroy bitcoin is hash more than 50% of total hash network (51% attack).
If a person has hash power, then he / she can:
- make double / profit 2x with the same BTC, nice it only has 1 BTC but can transaction for example 5x masing2 1 BTC, can generate mass mass.
- Very likely he can increase difficulty quickly, others become lazy bitcoin miners.
Because it has to fight bitcoin network, it takes very very much and very very other hardware.
who can do this is just a government. Not an ordinary person.
https://ads.id/forums/index.php?threads/cara-menghancurkan-bitcoin-51-attack.176995/
If a person has hash power, then he / she can:
- make double / profit 2x with the same BTC, nice it only has 1 BTC but can transaction for example 5x masing2 1 BTC, can generate mass mass.
- Very likely he can increase difficulty quickly, others become lazy bitcoin miners.
Because it has to fight bitcoin network, it takes very very much and very very other hardware.
who can do this is just a government. Not an ordinary person.
https://ads.id/forums/index.php?threads/cara-menghancurkan-bitcoin-51-attack.176995/
I think the only thing that could destroy Bitcoin is the investors and miners. If they're turning their back with Bitcoin , it's really hard for Bitcoin to survive.
Yes, as I said to you, investors and mining will break the bitcoin just like when you said that they would be really bitcoin and if bitcoin breaks down, there are other people who have to deal with bitcoin as long as with gadgets, computers and internet they still have bitcoins.
bitcoin must be able to prove that it has a great power in the world of digital currency, the most important is how bitcoin selling value can have the highest price and bring change for bitcoin investors, now with the decline in bitcoin prices is very potential to reduce the confidence of people who invest bitcoin, besides the negative news about bitcoin spread by the media also has an effect on bitcoin setback.and most important is the government's trust every country to say that bitcoin does not have a negative effect because the ban of bitcoin in each country is very potential to make bitcoin destroyed even slowly will disappear.
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