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Topic: Who can destroy Bitcoin ? (Read 21748 times)

full member
Activity: 210
Merit: 100
December 06, 2017, 12:59:51 PM
The bitcoin can be destroyed especially now many have been banned from overseas and the only bitcoin is to destroy the governments and when all countries have banned the bitcoin but surely bitcoin will not ban all over the world can only ban it when it affects the country's economy.
member
Activity: 252
Merit: 17
December 06, 2017, 05:28:12 AM
The one who use Bitcoin is the one who can also destroy it and that is us the peoples here. We all know that some of the people here are just studying how bitcoin goes or works. After they know all about it, they will make ways to destroy it. Why they are planning to destroy this? It is because of jealousy. Or maybe they want to have their own system alike with this. As of today no one knows who they are, what we need to do is to make this stronger and more secure if we want bitcoin to be more efficient and last for long time.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
December 06, 2017, 04:12:13 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

True bitcoin is very powerful now with its current price lots of investors are going crazy to invest atleast one bitcoin. It would be hard to destroy bitcoin because the continuous support of the investors are ther and i think it would take decades before the value would be lost.

I think no one can destroy bitcoin. If internet will still exist then its too impossible. I guess if somebody will stop this, then I guess it will destroy but destroying it for no reason? I guess they cant do that because as we can see right now, bitcoin already help many people. Internet is the first source so that you can work with bitcoin . If internet will exist then bitcoin too. Bitcoin is forever so there is nothing to worry about this. I think it will be more useful for the coming years.
member
Activity: 118
Merit: 11
December 06, 2017, 04:02:18 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

I believe there can be few factors that can impact

1. Better crypto currency
2. loss of human interest (I believe BTC is a human mania like dutch tulip mania).
3. Mass cyber attack
4. World war

Even most of replying saying non can beat BTC, check the recent past, yahoo was once one of best search engine and Nokia was leading in mobile phone world. Things getting change.
member
Activity: 73
Merit: 10
December 06, 2017, 03:53:54 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

True bitcoin is very powerful now with its current price lots of investors are going crazy to invest atleast one bitcoin. It would be hard to destroy bitcoin because the continuous support of the investors are ther and i think it would take decades before the value would be lost.
full member
Activity: 280
Merit: 100
December 06, 2017, 03:34:30 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

I think no one can destroy bitcoin, Stop it maybe, but destroying it? I think it is impossible. Considering that bitcoin has no central government.
It was people currency they save bitcoin in their wallet so it is not affected if other parts of bitcoin stopped or let us say destroyed.
The only thing that makes bitcoin drops its value is, if there is a huge internet disruption and if the internet is gone.
newbie
Activity: 5
Merit: 0
December 06, 2017, 03:28:39 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Excessive mining may destroy it through monopoly.
full member
Activity: 182
Merit: 100
December 06, 2017, 03:27:14 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
What can destroy bitcoin is the government if the government has started to ban the use of bitcoin strictly then certainly the price of bitcoin will go down like it ever happened in china. bitcoin gives users transactional freedom that is not regulated by the government and there are some cases of criminal transactions involving bitcoin users so this is the reason why the government began to ban the use of bitcoin.
full member
Activity: 994
Merit: 103
December 06, 2017, 03:26:52 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
theres only thing that can destroy bitcoin it is when you shutdown the internet in the whole world. No one can make transactions and anything that is related to bitcoin.
newbie
Activity: 98
Merit: 0
December 06, 2017, 03:22:25 AM
I think the fork may be a factor. Maybe there are more forks in 2018. Now these are always too casual. This will destroy people's confidence in the value of the special currency. I think the correct fork can be corrected. Now the situation is that the fork has been flooded.
member
Activity: 294
Merit: 10
December 06, 2017, 03:19:52 AM
.....if there will be a third world war
.....if internet connection fall
.....  if it is forbidden


but  i think none of these will happen except the war... i wish not though.
As indicated by my sentiment there is nobody on the planet who can decimate bitcoin on the grounds that on the off chance that we can see the case of china they have attempted bitcoin in their nation however what happen the rate of bitcoin was expanded more from the present rate. So it isn't conceivable to obliterate bitcoin.
member
Activity: 60
Merit: 10
December 06, 2017, 03:14:35 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

The only thing that can destroy bitcoin if the investors withdraw support to this currency then they will not invest anymore and the value became zero that will be the time that bitcoin will be destroyed.
full member
Activity: 560
Merit: 107
December 06, 2017, 03:09:55 AM
For me, who can destroy bitcoin right now bitcoin is no one. Right now bitcoin is getting super intense because more and more people are currently accepting bitcoin, and not only people even a huge company or establishment are now accepting bitcoin. But in the future, another coin can destroy bitcoin or will kill himself if he reaches the limit of 21 million.  Smiley
full member
Activity: 350
Merit: 100
December 06, 2017, 02:37:49 AM

I think no one can destroy Bitcoin you know why? Because there are so many people who using Bitcoin and I think that they not let somebody to destroy it. Some of us are defending on Bitcoin so why we let somebody to destroy it.
full member
Activity: 462
Merit: 100
December 06, 2017, 02:25:15 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Destroying bitcoins requires a ton of power and balls from a person. Bitcoins are just too big to be handled and remove its value from the market. Blockchain technology ensures our investments are safe but I guess there will be always that computer geek ready to break all down to the ground. I guess some super computer virus could end bitcoins.
full member
Activity: 563
Merit: 102
December 06, 2017, 02:22:44 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

I don't think there is someone or factor who can destroy bitcoin not unles there is no cyrptocurrency wold anymore and people are not interested in it.anymore but as long as cryptocurrency is existing and people are still.supporting the bitcoin .it will continue to grow bigger and bigger as what I am expecting to happen.
newbie
Activity: 7
Merit: 0
December 06, 2017, 02:00:42 AM
A few days ago to read the news that the future of quantum computers may crack bitcoin technology, I do not really understand, but this is not possible? Tongue
member
Activity: 364
Merit: 10
December 06, 2017, 01:35:09 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Well I think the possible destruction of bitcoin is government by banning bitcoin in countries and this is already true to some countries such as bangladesh and some more. And it's not impossible for other countries to do so .
newbie
Activity: 27
Merit: 0
December 06, 2017, 01:17:44 AM
I think no one can destroy bitcoin. It will continue  to grow and grow until it consumes all. And sometime  in the future it wil be the payment for all our expenses.
newbie
Activity: 4
Merit: 0
December 06, 2017, 01:03:45 AM
I can't agree more with what is said above! Bitcoin has grown 5℅ everyday since 6k thatbis just insane. It is a sigmoid adoption curve that is common knoweledge which means that it is not a bubble.
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