Which is the most likely to happen first?

virasog

legendary

Activity: 3136

Merit: 1172

Leading Crypto Sports Betting & Casino Platform

Quote from: Filmmmakerr on December 06, 2017, 09:06:31 PM

In curiosity, I know all of these can hack the price of Bitcoin, but the question is, which in your opinion is most likely to happen first?

Block Chain hack can't bring bitcoin down , We can increase the security of wallet since the company don't want to lose their customers. I don't think its belongs to bitcoin's price. But i believe Government Ban can take bitcoins down in just seconds. Bitcoin's price got distributed in past when the china and south Korean's Government ban the use of bitcoins. More countries ban it more the price will fall down. If it happens it can destroy the bitcoin for sure but it is unlikely to happen.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: MaleKing on March 04, 2018, 11:59:05 AM

Goverments are unlikely to bad Bitcoin. I doubt they are not eager to use this new fancy technology.
As for the the Exchange hack, it happened and it's still going to happen.

They will do it if they think that their interests are affected, it's that simple you must remember that governments are not there to ensure the well being of their people that is not the reason they are there, they want to obtain power and anything that threatens that power is something they are going to be against, right now they're not forbidding bitcoin because they think they can get money out of it, once they realize that is not going to be the case and in fact are going to lose money because of it you'll begin to see a lot more serious talk about banning bitcoin.

yudhistira

full member

Activity: 347

Merit: 100

Quote from: Filmmmakerr on December 06, 2017, 09:06:31 PM

In curiosity, I know all of these can hack the price of Bitcoin, but the question is, which in your opinion is most likely to happen first?

Perhaps the most likely thing to happen first is for governments to declare a common "war" of the crypto world and forbid everything related to it. But in general only time will show. Huh

Verona25

newbie

Activity: 56

Merit: 0

Absence of any intermediaries or carrying out operations with bitcoins which exchanger server or another user can not by any chance do not intend to block the transfer or stop the system. Bitcoin is not damaged by the influence from outside ..

MaleKing

newbie

Activity: 70

Merit: 0

Goverments are unlikely to bad Bitcoin. I doubt they are not eager to use this new fancy technology.
As for the the Exchange hack, it happened and it's still going to happen.

krishnaverma

full member

Activity: 1442

Merit: 108

If you will ask my opinion, I will not want any of these three things to happen. However, exchange hack had already happened in past and it is sad that so many investors lost all their money without their fault. Government ban has also occurred in some countries but blockchain hack is not going to happen unless the developers are involved.

thinkme1st

member

Activity: 532

Merit: 10

Exchanges hacks already happened and it can damage the price but taking into consideration the current scenario, a government ban will definetly going to hurt bitcoin prices as some of countries already banned cryptos or implementing limits/restrictions.

Nahl

legendary

Activity: 1652

Merit: 1000

Major Exchange Hack also can makes the price dropped but usually it will not last long but in my opinion compare from these cause above which have big impact to makes the price of bitcoin dropped and also makes bitcoin users starting to panic is Government Ban and if i'm not mistaken china has been did this recently and people was panic even not only bitcoin almost all of major cryptocurrencies were dropped too

Bellator

hero member

Activity: 826

Merit: 501

Quote from: Filmmmakerr on December 06, 2017, 09:06:31 PM

In curiosity, I know all of these can hack the price of Bitcoin, but the question is, which in your opinion is most likely to happen first?

I think it would be government banned bitcoin which is already happening when some countries like China and South Korea.It truly affects bitcoins price when these two countries they started to regulate bitcoin in their country.Most especially that China has greater population that makes increases growth of popularity of bitcoin,so when bitcoin is prohibited in their country prices of Bitcoin drops.I have read in thos thread that China banned bitcoin because they want to create another coin.Since China is widely known in making immitation of their products so i just guess if that the information is true.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: Jating on January 26, 2018, 05:16:42 PM

Well another Japanese exchange has been hacked and its said it bigger than Mt. Gox.

https://www.coindesk.com/coincheck-confirms-crypto-hack-loss-larger-than-mt-gox/?utm_content=buffer6920e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

So I think the questions has been answered several times. Hacks on exchanges are like to happen first and the link that I've posted above its just another proof.

As far as crypto ban, still 50/50 to me. And those government can suddenly do a 360 U-turn and either accepts or ban bitcoin. The battle is still raging out there. Maybe at the end of the year, we will see what direction nations around the world would take on cryptos.

Blockchain hack? I seriously doubt it will happen.

They stole some altcoin. We're in the bitcoin discussion and this thread is about bitcoin. I'm completely untouched by this news. They held millions in cryptocurrency and didn't know how to set up an offline wallet. I've never had any XEM and don't care about it. Comparing it to Gox is baseless. Stealing an altcoin, whatever it's worth, will never have a huge impact on the price of all other cryptos. Only BTC influences altcoins, not the other way round.

yoseph

sr. member

Activity: 868

Merit: 266

Quote from: 9jaflick on January 26, 2018, 05:31:49 PM

the only thing that bring bitcoin down is government ban, when government from each around the world start the of bitcoin definitely people will be scared and in that process, price will fall, just like what we are experiencing currently.
as for Hacking, this is totally out of it, i don't see how this will be possible

A Government ban is the only thing that is likely to happen, there is no way that any individual is going to be able to hack the blockchain, wallets are being hacked all the time but not the same can be said of the Blockchain and most governments are rather regulating bitcoins instead of banning it.

Scripture

full member

Activity: 1303

Merit: 128

I choose bitcoin government ban. It afffects a huge amount the bitcoins price. Imagine how many bitcoin holders are there in a particular country and the government will illegalize or ban it. They cannot trade or invest more and the users will drop down the price due to lack of investors. As you can see , more and more countries ban bitcoin one by one due to internal causes.

9jaflick

sr. member

Activity: 728

Merit: 254

the only thing that bring bitcoin down is government ban, when government from each around the world start the of bitcoin definitely people will be scared and in that process, price will fall, just like what we are experiencing currently.
as for Hacking, this is totally out of it, i don't see how this will be possible

Sanugarid

full member

Activity: 1442

Merit: 153

★Bitvest.io★ Play Plinko or Invest!

Quote from: Filmmmakerr on December 06, 2017, 09:06:31 PM

In curiosity, I know all of these can hack the price of Bitcoin, but the question is, which in your opinion is most likely to happen first?

Government Ban I think is more likely to happen first since there are already countries that banned Bitcoin exchange and other cryptos such as China. I also believe that hacks will not be that much a problem because of the strong blockchain technology that Bitcoin has. If hacks are possible against Bitcoin, it should have happened before since Bitcoin is becoming more popular which should caught the attention of the hackers.

Jating

hero member

Activity: 2842

Merit: 772

Well another Japanese exchange has been hacked and its said it bigger than Mt. Gox.

https://www.coindesk.com/coincheck-confirms-crypto-hack-loss-larger-than-mt-gox/?utm_content=buffer6920e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

So I think the questions has been answered several times. Hacks on exchanges are like to happen first and the link that I've posted above its just another proof.

As far as crypto ban, still 50/50 to me. And those government can suddenly do a 360 U-turn and either accepts or ban bitcoin. The battle is still raging out there. Maybe at the end of the year, we will see what direction nations around the world would take on cryptos.

Blockchain hack? I seriously doubt it will happen.

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

I have voted for "Government Ban". But I also agree with the major exchange hack. I believe that many governments will see bitcoin as a threat to its economic system, thus will thoroughly ban it. Let's hope they will not ban it but regulate it. At least people will still use it.

As for the exchange and blockchain , they both have high risk of getting hacked because there are many professional hackers out there. Besides, they always get hacked. Therefore, perhaps the number of hacked accounts will increase in the future.

muddychowder

newbie

Activity: 9

Merit: 0

I'd vote for Major exchange hack since it is the fundamental function of Bitcoin in the first place. Perhaps more currencies will join the trades and make it bigger.

zentdex

full member

Activity: 196

Merit: 274

I think two about those occasions have just occurred previously. What's more, what happened is a noteworthy declined in value, the mt gox hack for instance bring the most significant value decrease. That is the reason I choose number 3. While the government boycott exactly what occurred in china a while prior additionally flag the value drop yet not as crushed as the mt gox. The first, I think it is alongside outlandish however hypothetically feasible and I never knew about the entire blockchain system been hacked.

Dhaaaw

full member

Activity: 140

Merit: 100

Blockchain hack ? would atleast need 100+ certified security experts and hackers to even get close to achieve it so highly improbable. As for the bitcoin ban in some governements it already happened but mostly in third world countries.

xiaopang11

newbie

Activity: 70

Merit: 0

I think that only the government blocked to prevent the development of the currency will make the price of the currency, because now the currency status is the first, at least not now another coin can replace its status, which makes it the price will not fall

Topic: Which is the most likely to happen first? (Read 1141 times)