Topic: Who can destroy Bitcoin ? - page 11. (Read 21748 times)

Bitcoin and blockchain will always be a strong and distinctive foundation so that all other crypto currencies will be thrown from their form and way, better-performing crypts that will survive, and I think bitcoin has good conditions and can run its competitors. So always survive and always fast growing and developing.

The one who created bitcoin is the person who can destroy it as well. But there is no creator wants to destroy what he created unless they found it is useless already. The hackers maybe studying how to enter their world and waiting to destroy it but it will be long time and the developers are more securing it.

Of course if the followers and users of bitcoin become negligible then bitcoin will destroy because there will be no support to the bitcoin to stand strongly and also if another currency made and people love that new currency but now in the present time there is nothing like that because bitcoin is the most popular and beneficial to people and their future.

Bitcoin knows as the decentralized cryptocurrency means that bitcoin is independent to anything except new and another digital currency because if the new currency came out and become more beneficial then bitcoin then people will must leave to invest in bitcoin and that’s how bitcoin will destroy after some time.

I don't have any idea about this. But surely, there's someone will probably do this. Maybe some altcoins there like ETH or some greedy investor who wants to take over all the bitcoins. Unless someone will completely shutdown the internet as bitcoin upons on it.

the only way to destroy i was draw in my mind when all country was unite to banned bitcoin. but nothing else can destroy the bitcoin and i think if the role of bitcoin in the industry and economy was gone this is the time will the bitcoin disappear or destroy because all things in this world have a limit even us we all die but i think its too early to destroy the bitcoin because we know that value of the bitcoin in the industry was very awesome and very expensive but we must prepared for what might come happen

I wonder how much crypto coins has the most influential people in the world ? And yeah how much they influence the whole crypto pumps/drops etc.

You are saying about the growth of the bitcoin and the sake of the money will help a lot of the people who are investing and the supporting the bitcoin, I am sure the bitcoin is the currency is now spreading by a lot of the people and I am aware of the bitcoin currency it can be spread by the people who make the bitcoin go more and more high if the value of the bitcoin will be the more high with the passage of the time.

I don't probably think this such of things because as of now where just in the beggining on where bitcoin will boom and give us such huge amount of money. So there's no way to think about this, Also right now there's nothing that can even destroy bitcoin. However, in the the past years maybe there's

We dont know who can destroy bitcoin. But i think those investors can becuase if they dont invest here maybe the funds will go down. And the volume also falls down if that happen.

we are all bitcoin destroyer, if we no longer use bitcoin as the mother of all crypto and divert all investment to other than bitcoin then bitcoin will in itself be short of market demand, but it will be very difficult considering the high demand for bitcoin for now.

Rothschild and the bank families

No need. It was hijacked and you did not even notice.
Centralized banking is on  the schedule now with the lightning network side chains.
Sidechains are the governments DREAM. Something which can be controlled, and tracked. Blockstream recently said in their investor letter that Sidechains will implement KYC/AML and no longer allow semi-anonymity that Bitcoin used to give. KYC/AML means taxes — and full control over every transaction and who is who. A libertarian’s nightmare.

Very sure nothing can destory Bitcoin,  that's all

in my opinion,nobody can destroy Bitcoin even a country is not necessarily able to destroy Bitcoin because Bitcoin decentralized.
but there is one way that can destroy Bitcoin,that is all people leave Bitcoin of course it is impossible considering Bitcoin a very good source of income and Bitcoin become the future for us.

I agree that Bitcoin can be destroyed by some factors like how government authorities would think that it can be a threat to such things like banking and other financial systems that could result a massive loss of its inverstors and their interest like what happened in China.

I also believe that bitcoin can be destroyed by these hackers who can manipulate and attack the network of all bitcoin users. This idea will cause a huge problem because it will cause these investors and possible investors' unsureness and hesitation about the security of their funds because they will think that is not well-secured.

This idea could also create a fuse in the market that would cause a huge loss of interest among the investors and possible investors that will lead to bring down the price of bitcoin and destroy it. I agree that these 2 factors are the only possible scenarios that might destroy the Bitcoin.

Who can destroy Bitcoin ?
When there will be a strong enough "Solar Flare", which our planets "Magnetic Field" wont be able to handle, all electronics on earth will burn out, which will lead to Bitcoin Death also.
This is not a bullshit, because this have already happened, and will happen again.

it is getting damn tough to destroy bitcoin

But things to remember


BTC will correct 30%..it always seems to come in waves with such a correction...(this is like the 6th or something)

The question becomes at WHAT PRICE will it adjust at?

As to my own guess (now proven wrong) I thought with BTC at 1k at the beginning of 2017....and when it got to 6k it would

correct to 4k ...which it did (kinda)

but now it is 8k and they are saying 10k or 12k ...so if it corrects from 12k to 8k ..well and it was 1k at the first of the year..should that not be expected?

so, no clue except as previous posts it is all of this gain in crypto and BTC value is mostly due to newbies coming in and old farts like us in it since 2013 or before are still

HODL'ing..with 20% of all BTC already in the world..... yeah....no idea...where this could go as long as we have new adoption and stubborn old types like myself

Then again, I may crack like a nut at the first of the year, (new tax year) if BTC hits 10k...or more a BTC  and don't get me started on my ALTS...even

more clueless in that direction.... I mean for crying out loud it is barely winter 2017 now and last fall of 2016 it was $475 ( I know because I got 1 BTC of LISK....man that worked really

really well)

Anyway, without a doubt, 2017 is the year sh*t got real for BTC and crypto.....

Getting harder to hodl thou..and think of my crypto like (tulips/fairydust/magic internet money/unicorn cash/etc) ..you kinda HAVE TO think of it in these terms like

paper profits...only ...if you dwell on it too much...you will crack like a nut

and hell ...wtf will I do say in July of 2018 say with BTC at say $24k each (with the corresponding pump of alts, which I am more confused about that hoard)

well, interesting times indeed

I think it can destroy if anyone choose another coin than bitcoin then other coin is better than bitcoin so i think in this kind of scenario bitcoin has a chance to die and another coin must be the next future coin.

I don't think that anyone can destroy bitcoin. Even a certain country will ban bitcoin, it will decrease its value for a meantime but as the time goes by, it will get back to its previous value and will continue to increase. Bitcoin can also be destroyed if there will be an overall shutdown of internet connection all over the world.