Who can destroy Bitcoin ? - page 18.

bubble pop

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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.

Bitcoins is like a product in the market we the consumers the users the holders are the one that can easily destroy bitcoins because their value is just high and expensive because of ourselves because we wanted to have it. The more people want to buy bitcoins the higher the value it will be so if we are not using bitcoins anymore the bitcoins will drops untill it will totally be destroyed because that is only that expensive because of a high demands which we are doing. So the life of bitcoins depends on ourselves if we do not used it anymore it will be totally worthless. Even government can ban it for the people cannot used it so it will became worthless again.

Gasolined

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bitcoin will be replaced. but it takes 20 more years. Many coin is produced to replace bitcoin. But they can not. They have a master, bitcoin has no master.

Glaseseye

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I think maybe if we collect alt coin as much as we can save and its kind a lot and do trading or exchange from alt coin to bitcoin in large quantity maybe it bitcoin price will reach zero if we see during exchange

sensei stupid

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for which factor matter could destroy the bitcoin all know what the rival of bitcoin is, and from that all, maybe one of them could have but will not really make the bitcoin crushed, it will only make bitcoin down temporarily, as it will still be the mystery of when bitcoin rises and when bitcoin goes down, no one knows for sure about it

Cordillera

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John 3:16/John 14:6

no one can destroy bitcoin. but bitcoin only when there is no internet worldwide no current worldwide, no solar panel that can produce electricity world wide

maxamus

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Quote from: 100%succes on November 13, 2017, 12:35:26 AM

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 government that can give a policy to bitcoin in a country to the user community, that bitcoin may be used or stopped. easy to access bitcoin properties and have the freedom to every user.

Yes you are right bitcoin can be controlled by either government or big corporate by buying huge share and playing with the value by creating more demand to increase the value and selling it off to reduce the value.

bel123

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bitmain destroy the only one real bitcoin (core) - many people are stupid so better to see something like this https://www.youtube.com/watch?v=mSB4RRCaV_s&feature=youtu.be.

Bch it shitcoin and only made for manipulation Sad

BabyBoss

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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.

We all know that bitcoin is the strongest coins now a days and no one can beat bitcoin because of its longness and because of it's value. I think no one can destroy it but the reason why price of bitcoin dump is because that is the commong marketing pattern of bitcoin.

DAVETUN

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Bitcoin is the currency of this age

To destroy bitcoin migth be a very hard thing to do,except if the miners have a unified decision to hamper the growth and strength of bitcoin.this will be a hard decision

JamesBolivar

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Quote from: DoublerHunter on November 13, 2017, 01:24:23 AM

Quote from: sumangs on November 13, 2017, 12:46:19 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.

It would take quite a lot for that to happen.

siddu67

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I don’t think any single things can destroy bitcoin. Bitcoin is the king of crypto world. So it is leading the whole market. But if any currency can compit it.
it can be eth. But it is quiet impossible. where bitcoin price is $7000 and ETH price is $310 . so it can take long time

DoublerHunter

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Quote from: sumangs on November 13, 2017, 12:46:19 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.

sumangs

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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.

100%succes

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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.

I think the government that can give a policy to bitcoin in a country to the user community, that bitcoin may be used or stopped. easy to access bitcoin properties and have the freedom to every user.

Aljay7

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For now we are thinking that no one can beat bitcoin because bitcoin has the biggest amount of coin,but there is so many competitors,we don't know maybe in the future some coin can bitcoin.
When we are talking about destroying bitcoin. No one can destroy bitcoin,we know that maybe in the future some coin surpass bitcoin but it won't be destroyed,it will still exist.

Webberson

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Same person(s) that built it.

Alaissa Ganda

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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.

I think no one can destroy bitcoins except from ourselves because the bitcoins will just continue to rise up if we continue to buy it to sell it and to keep bitcoins moving in the market. The thing that can make bitcoins totally destroyed is when all the investors all the users of bitcoins will move into another coins that are much likely better than bitcoins because anything that people do not use or do not wanted anymore is going to an end. But that dont happen because bitcoins are on the top of their era.

xamil

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No one can destroy bitcoin, unless we as a bitcoiner don't support it but we know that it is impossible to happen. specially now bitcoin is more powerfull than other currency.

Aljohn08

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Noone can control the movement of btc unless all investor move to the other coins..but thats imposible will happen at this time

stevanprice

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Quote from: Labumi on November 11, 2017, 08:33:02 AM

Quote from: daarul50 on November 10, 2017, 01:14:15 PM

I do not think bitcoin will suffer destruction because over time more and more people are using bitcoin to perform various transactions or just investment. only one thing can destroy the bitcoin ie the internet. bitcoin will be destroyed if the internet can no longer be accessed and it will be impossible.

I think for now this bitcoin is not a problem to be a disadvantage. Because the bitcoin is the most profitable and also have the best future. And keep in mind, the internet will not be lost or destroyed. Because basically bitcoin is a digital currency is best, and it's certainly the internet will always be a place to update and expand. So don't ever minded bitcoin will crumble when the internet is lost, because surely the internet will never be lost. Continue working and never surrender to face everything.

I think that is a question that always concerns bitcoin investors. the first is the declining value of the bitcoin itself and then the fewer or fewer who use it because they prefer real money, unpredictable inter-state warfare when it comes, and the weakening of Internet usage.

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