What will destroy the bitcoin? - page 9.

Raufjoze

jr. member

Activity: 317

Merit: 1

Quote from: 1C6fV5DtakfKANLJ8GUV7hCaA on March 15, 2018, 10:16:21 AM

Bitcoin will exist as long as there are computers running a full node. It can only be stopped by a global catastrophe or something.

For the future bitcoin will rule in the crypto industry for a long time because it benefits the community. And I think the only thing that can stop bitcoin is the loss of demand in the market and if the internet will disappear, but I do not think it's possible

Spain2000

member

Activity: 224

Merit: 10

The benefit and the threat to bitcoin is from the holders of this currency and if we have bitcoin and we hold this for the future then the bitcoin price will not fall and the altcoin users are also loving bitcoin because these are attached with one another. and if the price of the bitcoin fall the crypto market become fall and if the bitcoin is stable all the market are in stable condition and bitcoin can not destroy by any one but the prices are changing with the big whales of this market and bitcoin is important to all.

ThunderCatSteve

hero member

Activity: 770

Merit: 505

Fake news, big panic of the people to buy or sell bitcoin when they haven't planned and the rules of governments.

uelque

full member

Activity: 812

Merit: 126

Quote from: csdga on February 27, 2018, 11:07:09 PM

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.

Not all members here are watching poisonous reports, and I am sure of that. That's why bad news aren't affecting bitcoin so much. Maybe the only thing that can destroy bitcoin is only if the world is destroyed, no internet, no computer, and no people, that makes it exist.

LodisMcguire

sr. member

Activity: 546

Merit: 261

If the government or united nation declare bitcoin is harmful and banning it to be used,then there's nothing we can do.If someone succeeded in hacking blockchain and make a mess out of it,people will not use bitcoin anymore and it will die eventually.But as long as people still believe in bitcoin,it will never die.

Ruffian14

member

Activity: 210

Merit: 10

Bitcoin will be destroy or stop if the internet itself got shutdown because it cannot be destroy easily due to peer to peer network transactions. People who loses internet will of course stop him/her from doing bitcoin. No one can do bitcoin without internet so I think internet is one of the big factor that will makes bitcoin completely shutdown because its running through internet. They can't be bought physical because cryptocurrency is a digital currency that can be access only through internet.

xhoondilan

member

Activity: 168

Merit: 10

Mayb the thing that will destroy bitcoin are people, because if something is on top there is someone or a group of individuals are going to bring it down. If everyday bitcoin is always decreasing down then it will be a bad news, so its up to us if we still believe bitcoin for it not to destroy.

KingOfWinterfell01

full member

Activity: 504

Merit: 100

If it losses the community that supports its pricing, its updates, and most of all, the miners, then probably this will kill bitcoins. For the lack of innovation and remaining stale. 10 years in time probably a new kid in town is trying to overtake bitcoin supremacy.

boddy.dy

member

Activity: 252

Merit: 17

I think the only thing that can destroy bitcoin is the loss of users or the people who patronize this. We all know that this is the most important thing in everything of this world in order to run something is the users. Without users surely nothing will happen to anything even whatever industry is that. But I think that time that bitcoin will lose its users will never come. Because we should admit that in the current state of bitcoin instead of losing its users we are growing. Well what should we do bitcoin is giving a very good benefits that is why we are growing.

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

Quote from: iqlimasyadiqa on February 28, 2018, 03:53:04 AM

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.

Absolutely, the strength and weaknesses of bitcoin is the influence of the users. The more people that still continuous to supporting and patronizing it, is the more possibly that btc are continuously stand strongly and consistently in cypto market. People won't stop demanding to it when they know that they can still gain the benefits and opportunity from here, therefore bitcoin can have it's long lasting existence in crypto market all over the world.

ucingucingan

member

Activity: 322

Merit: 10

The news of the government banning bitcoin transactions also affects price moves rather than raising prices but on the contrary, because bitcoin owners are docked to sell their bitcoin for fear of loss, such as the effect of dominoes, this will also reduce prices, and gradually if not stopped then the price bitcoin will be damaged and no longer watchful

thenameisjay

full member

Activity: 462

Merit: 100

Well, bitcoins live in the blockchain so if we destroy the blockchain, then probably bitcoins are done for. But that's virtually impossible, considering how big of superpower is blockchain is and how virtually impossible it is to be destroyed.

ThisIsUserName

newbie

Activity: 102

Merit: 0

Speed and fee
I think BTC is too bad for payment system Sad

Sexie

member

Activity: 420

Merit: 10

Quote from: csdga on February 27, 2018, 11:07:09 PM

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 may agree to that greediness will destroy bitcoin, especially when the government trying to intervene about digital currency. I think if it is already been exchange to local currency , that is the better way they can intervene to iit. If it is still in digital, not yet counted should be.

By that situation , everybody in the government wanted to manipulate bitcoin. Chasing for that taxes even though there is no exchanges yet to make. If that will happen, then people will be hesitant to use bitcoin anymore. For what the reason now , what is the use if ,the same thing been regulated.

Denisliternyjj

member

Activity: 168

Merit: 15

It's impossible to kill Bitcoin! Technically, bitcoin will be alive, as long as several computers with the program running on them continue to work. That is, to die, something extraordinary must happen, and most likely, if the community does not destroy itself from greed or negligence, in the coming years it will remain the main crypto currency.

HoldtotheMoon_6789

newbie

Activity: 103

Merit: 0

Payment system
A new payment system with speed and low fee can clear BTC

bolbau

full member

Activity: 574

Merit: 102

the thing that can destroy and keep bitcoin alive is not a government, a particular country or anything else. I think the most important thing is the bitcoin community itself, how can we continue to believe, support and develop this cryptocurrency technology instead of leaving it when the conditions are really bad as it's today. so, for all of you do not ever give up, because we are part of the new history of technology in the future. good luck!!

DRVX

hero member

Activity: 966

Merit: 500

Quote from: Toden1379 on March 15, 2018, 10:08:26 AM

Man created bitcoin so it is rightfully so that man destroys it. As for how it can be destroyed or stopped, that leaves to be seen. As of now, nobody can destroy it unless you're the president of a dictatorial world.

First of all, nobody still knows if it was a man or a group of people, who invented Bitcoin, but exactly we, people can destroy it. The unbelief, the bad news and rumours that we share can affect it very negatively.

JillClarissa

newbie

Activity: 84

Merit: 0

Quote from: csdga on February 27, 2018, 11:07:09 PM

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 is hard to destroy. When all countries in the world ban bitcoin, it can still trade freely on the Internet. Bitcoin will only be destroyed when the Internet is shut down.

proTECH77

member

Activity: 1120

Merit: 30

Bisq Market Day - March 20th 2023

The one thing I see that will lead to the destruction of bitcoin is the lack of acceptance from the government, which in turn will lead to the fall of the currency, because at that time, the usage and patronage by the public would be minimal.

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