Who can destroy Bitcoin ? - page 10.

LigwagGanern

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Activity: 307

Merit: 10

Quote from: senne on September 18, 2017, 04:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Who can destroy bitcoin ? Of course the one who using it. If you have a thing and you are really really know how to handle it correctly it means you know if there is a problem in that thing and you can fix, it means that you know what to do to destroy it or what are the things that is not good for it. Like bitcoin, is you have many knowledge about it, or you know it very much. You already know how to destroy it.

mininghubby

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Activity: 140

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Quote from: CrypticGambit on November 23, 2017, 07:11:17 PM

The operation dragon slayer is destroying the bitcoin as we speak. I should have listened now it is too late we are goin down guys... fk bcash

How can you destroy something that you can't really find the root nowadays? I mean, first and foremost, bitcoin is intangible; it is very volatile and fluid that let's say, transforms into data stored in computers. Next, the usage of bitcoin is so wide that you must purge everything all at once to destroy this bitcoin. So basically, it is marginally close to being impossible to do.

Stef9292

newbie

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The problem for sure is other altcoins. In the next future altcons can overpass bitcoin, non that easy to predict.
Bitcoin still the gold of crypto, for sure will really hard to beat.

Nyenyepogi

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I think the primary enemy of bitcoin is Government. since bitcoin has no owner Government has a freely will to tamper bitcoin currencies. bitcoin will dump itself when government does it.it will happen cause so that is my answer the biggest destroyer of bitcoin currency is government.

KingdomHearts

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Quote from: spracrypto on November 16, 2017, 11:37:47 AM

No one can destroy bitcoin is not only crypto currency bitcoin is base of crypto currency 100% crypto currency lovers loves bitcoin also may be bitcoin value going up and down but no one can destroy bitcoin.

Beside all these problems peace is very necessary for keeping bitcoin up, if there is irregularity in providing peace then the rate of consumers will go down and its demand will be cut off, people will pay attention to bringing peace rather than buying bitcoin, during wars the electricity and internet are not stable and sometimes are even cut off, so the worth of the currency goes down.

bug.lady

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Activity: 196

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Large scale, green crypto mining ICO

Quote from: DarkIT on November 24, 2017, 04:24:40 AM

Quote from: nagatraju on November 24, 2017, 04:17:25 AM

Bitcoin doesn't has any intrinsic value and is backed by nothing. Price is rising just because of demand. Once the demand decline, price will decline too. Now question arises what can decline the demand? Any new form of monetary system or government ban in various countries can do that easily. So, future is uncertain. Anything can happen anytime.

bitcoin may never die. but the government can make bitcoin into something illegal. well, I agree, that we will not know when it will happen. but, to the full extent, perhaps no one can make the bitcoin crumble.

Some governments may make it illegal or even punish severly for using it and in effect people would be too scared to use it, but I have to agree it will not happen worldwide.

haxker007

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Activity: 174

Merit: 15

I don't figure BTC can be annihilated by somebody or something. On the off chance that BTC can be annihilated, the special case who can do that, is the maker. BTC is so intense. Indeed, even the administrations have no privilege to influence the estimation of bitcoin to end up noticeably zero. Additionally BTC is winding up increasingly mainstream nowadays. We as a whole realize that if its notoriety increments quite possibly its esteem will increment as well.

Shannykhan44

newbie

Activity: 28

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No bro, No one can destory bitcoin. because bitcoin is very popular in very country of the world. When the whole world Internet is shutdown then the Bitcoin is Destroy. Cry

and that is impossible the whole world internet is shutdown. no one can destroy the all internet of the world. So it is not possible No one can destroy the Bitcoin Thank you very much Kiss

DarkIT

sr. member

Activity: 1176

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Quote from: nagatraju on November 24, 2017, 04:17:25 AM

Bitcoin doesn't has any intrinsic value and is backed by nothing. Price is rising just because of demand. Once the demand decline, price will decline too. Now question arises what can decline the demand? Any new form of monetary system or government ban in various countries can do that easily. So, future is uncertain. Anything can happen anytime.

bitcoin may never die. but the government can make bitcoin into something illegal. well, I agree, that we will not know when it will happen. but, to the full extent, perhaps no one can make the bitcoin crumble.

Dreamr

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Activity: 263

Merit: 10

No one! Because bitcoin is not owned, maintained, or controlled by a single person, government, or any corporation. Bitcoin network is peer to peer and fully decentralized.

nagatraju

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Bitcoin doesn't has any intrinsic value and is backed by nothing. Price is rising just because of demand. Once the demand decline, price will decline too. Now question arises what can decline the demand? Any new form of monetary system or government ban in various countries can do that easily. So, future is uncertain. Anything can happen anytime.

Anniee123

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Activity: 196

Merit: 10

I think BCH may be a potential risk, after all, most of the BTC's computing power is concentrated in the Chinese mines, but BCH, like their pro-son, they want to get more returns,

mxyzptlkof6th

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Activity: 294

Merit: 26

I think no one can destroy bitcoin. It is volatile and decentralized therefore it is hard to find traces.

savinggrace28

newbie

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Monopoly and big companies who will become greedy and may want to take hold on this cryptocurrency

Adv Tahmina

member

Activity: 294

Merit: 10

There are varieties possibilities that can destroy bitcoin.The governments authorities ban on Bitcoin, hackers attack on the network.

h55

member

Activity: 210

Merit: 11

BTC is not destroy-able but it seem that in long term it's goal can bee changeable. for example after that miners min 2000000th BTC, the mining will not be Affordable. and so it seems miniers will not work on mining. so the lasts BTC, I think, will not mined.
an other side, please think in 50 years later, some of people will died, or they forget their BTC wallet private keys or characters, so; some of BTCs will loss!

Hach

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Activity: 110

Merit: 100

I think it couldn't happen unless someone or something cut the electricity or the internet in the whole world. If this happens, i don't think i'll be thinking about bitcoin at first place.

CrypticGambit

full member

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The Operating System for DAOs

The operation dragon slayer is destroying the bitcoin as we speak. I should have listened now it is too late we are goin down guys... fk bcash

CheapVccSeller

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Activity: 197

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Quote from: senne on September 18, 2017, 04:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

The government can destroy bitcoin easily.

chichigirl

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Activity: 588

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HELENA

Quote from: senne on September 18, 2017, 04:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

I think the main scenario that will greatly distract bitcoin is the total disable of Internet connections all over the world. In that case we cannot do some transactions anymore.

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