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Topic: Who can destroy Bitcoin ? - page 12. (Read 21748 times)

sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
November 22, 2017, 07:39:54 AM
Bitcoin provides everything. It can be either be in bad or in good. It provides EVERYTHING, because bitcoin is a money, and money talks it can deceive every people even the educated one. When money is in the line it conquers the whole body of a person, even when it means killing or sex because money provides satisfaction.

So for the answer to your question. It is our shallow thinking on how we use bitcoin. When we use it in a bad way continuously then the government will ban it, and bitcoin might possible be gone, and that is how we possibly destroy bitcoin.
jr. member
Activity: 51
Merit: 10
November 22, 2017, 07:39:08 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Is it possible to destroy Bitcoin?
Bitcoin - maybe. Cryptocurrencies - no! Blockchain technology now in our world.
newbie
Activity: 28
Merit: 0
November 22, 2017, 07:36:27 AM
in my opinion it can only be destroyed by hackers,UN, and Bill gates 😊 correct me if im wrong but its just what comes in my mind if someone says that it could be destroyed
jr. member
Activity: 56
Merit: 2
November 22, 2017, 07:35:47 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Is it possible to destroy Bitcoin?
legendary
Activity: 1008
Merit: 1060
November 22, 2017, 07:26:19 AM
Bitcoin's power is built by the amount of hype it's receiving from its users. Without us, bitcoin will be nothing. People are still the one in control of bitcoin and bitcoin in itself doesn't have a power. If no one is using bitcoin, then bitcoin is dead. I think that the only one who can destroy bitcoin is the bitcoin users themselves. Unless the developers had a patch which destroyed bitcoin or there's an exploit sitting there for a while and people have found it, then the only way for bitcoin to be destroyed is through the users' actions.

There are some people here saying that the government can destroy bitcoin. Well if they actually do, then they should have destroyed it by now and let the whole thing be forgotten in history. Prevention is better than cure, right? It's better to prevent this whole thing from going mainstream than to destroy it by the time when people have already made tons of cryptocurrencies which is similar to bitcoins. Honestly, no single entity has a power to control bitcoin. The action has to be made by the majority of bitcoin's user for it to take effect.
full member
Activity: 210
Merit: 101
November 22, 2017, 07:20:33 AM
For that, bitcoin can not hurt you why you have the best bitcoin oppurtunity for me and those who want to earn a lot and have their extra income every day. No one can break the bitcoin because it's so big and it might be yet the cause of a country's development is tough or difficult to achieve in the life of a poor man.
full member
Activity: 266
Merit: 100
November 22, 2017, 07:18:16 AM
be sure nothing can destory Bitcoin  Grin
yeah no one can destroy bitcoin unless all people in the world stop using the bitcoin then it will destroy but it will never happens
full member
Activity: 406
Merit: 100
November 22, 2017, 07:16:45 AM
I think in some areas or countries you may say this situation, it is really too difficult to completely destroy, unless the world war or the destruction of the Earth?
As of now no problem for bitcoin, but surely governament can destroy this if they ban the bitcoin that is nothing but destroying it. By decreasing the price of bitcoin can destroy when no buyers are there that also destroys the coin.
newbie
Activity: 119
Merit: 0
November 22, 2017, 07:06:55 AM
I'm not sure about what can destroy bitcoin? Maybe I think a country with a growing economy can destroy it. I think bitcoin is hard to get rid of because it's too strong, in China's country alone by banning ico only a small impact on bitcoin, now the price of bitcoin is back in balance.
newbie
Activity: 42
Merit: 0
November 22, 2017, 02:52:05 AM
I think in some areas or countries you may say this situation, it is really too difficult to completely destroy, unless the world war or the destruction of the Earth?
member
Activity: 141
Merit: 10
November 22, 2017, 02:36:25 AM
There is currently nothing to destroy bitcoin. Of course, if the global Internet is closed, the bitcoin disappears. Because there is no Internet, there is no bitcoin. But now is the Internet age, so do not worry, the Internet and bitcoin will not disappear.Smiley
hero member
Activity: 896
Merit: 502
November 22, 2017, 02:32:33 AM
The only way to destroy bitcoin is to shut down the internet. There will be no way to transfer bitcoin from person to person since the internet is the essential tool to perform bitcoin activities. Unless they would develop offline bitcoin or else the widely used payment method is through fiat money.
You're wrong, bitcoin can be destroyed by another cryptocurrency. Yes, you read it right because if there is another cryptocurrency that will be popular and better than bitcoin then that will become the reason for bitcoin to be destroyed and there is already a lot of altcoins in the market that can compete with bitcoin but i believe that bitcoin is still stronger than them so the destruction of bitcoin will not come fast and it will take a few more years.
I don’t think so bitcoin can be destroyed by someone because bitcoin is just passed from that time where someone can destroyed bitcoin because bitcoin is now very stable and strong in market and day by day bitcoin is going more high then ever so bitcoin is now use to with all challenges and bitcoin know how to fight against them.
legendary
Activity: 1540
Merit: 1029
November 21, 2017, 10:17:53 AM
At this point, Bitcoin has become a monstrous force. I believe that only Bitcoin itself, could destroy it. Which I don't see happening.
sr. member
Activity: 344
Merit: 250
November 21, 2017, 10:16:58 AM
Bitcoin is an idea. Idea of moving money free of government help. So to destroy it one can only destroy the infrastructure.
North Korea, I think.
newbie
Activity: 39
Merit: 0
November 21, 2017, 09:25:49 AM
When Bitcoin preferred profit to technical development, I perish by Bitcoin.
newbie
Activity: 1
Merit: 0
November 21, 2017, 09:13:18 AM
Does government can destroy bitcoin? I think, they cant.
full member
Activity: 994
Merit: 105
November 21, 2017, 09:12:33 AM
I feel the major role player in our economy is the government so Government may take any decisions like to control the bitcoin by giving a limited usage of bitcoin to exchange sites. Government may also take decision to BAN bitcoin to keep themselves financially free from crypto competitors. Hackers may also opt bitcoin as their choice for their activities. All these reasons might cause for destroying our bitcoin crypto currency.
full member
Activity: 616
Merit: 100
November 21, 2017, 09:11:34 AM
somebody can makes bitcoin price is 0 with buy all of the bitcoin in the world like buy 21 million bitcoin in the world to make thee price is down, if somebody have all of bitcoin in the world they can mark up or make the bitcoin price down in a minutes
member
Activity: 140
Merit: 22
November 21, 2017, 08:54:42 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 anyone or anything can really destroy bitcoin or make its value back to zero because it is like impossible when bitcoin is just gaining its popularity nowadays. Maybe if there is a new cryptocurrency which is more advance and powerful than bitcoin, it will lessen the people who use bitcoin but still there is a few people who will stick to bitcoin.
full member
Activity: 462
Merit: 102
November 21, 2017, 08:53:01 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

A virus powerful enough to infect every computer participating on the bitcoin block chain. That'll end bitcoins for sure. But something as powerful as a supercomputer has to make that omnipotent virus and disrupt the whole blockchain. An impossible feet but anything can be possible in the future.
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