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Topic: Who can destroy Bitcoin ? - page 19. (Read 21748 times)

hero member
Activity: 2716
Merit: 552
November 12, 2017, 11:45:35 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

In my opinion one of the biggest factors that can destroy Bitcoin, is its competitor. If someone can create more innovative coin or crypto currency that can beat Bitcoin, then there will be a decrease in value for Btc and possibly lost its value. Im not sure, anything can happen. Also, this scammers and hackers is also a threat for btc. People may lost their trust using btc and the demand become low, so yeah that could be on my own opinion. There are also unexpected factors that could trigger a value loss for  btc. Everything can happen.
full member
Activity: 196
Merit: 100
November 12, 2017, 11:23:08 PM
No one can destroy the bitcoin other than the one who created it. There are also other ways bitcoin can be destroyed like total shutdown of internet, electricity and when hackers penetrate through the system of the bitcoin. World war can also be a factor and also scams that would cause the people not to use it anymore. Bitcoin can also be destroyed in a way that another form of cryptocurrency competes and beat it.
full member
Activity: 294
Merit: 105
November 12, 2017, 11:22:46 PM
In my opinion, only bitcoin can destroy it self and no one else can destroy it. Because bitcoin is limited of 21 million. After bitcoin reach its limit, I think other currency will have a great chance to overcome what bitcoin started. 
newbie
Activity: 56
Merit: 0
November 12, 2017, 10:53:54 PM
In my opinion many people can destroyed bitcoin ,,first destroyer is people do to scam in bitcoin investor so many people says bitcoin is a scam ..so stop scam to bitcoin so that many people interested to invest..
member
Activity: 110
Merit: 10
November 12, 2017, 10:31:13 PM
No one will destroy bitcoin except maybe the government just like what china did.
Or maybe they wont destroy it but they will give taxes. If that happens for sure bitcoin's value will decrease.
hero member
Activity: 854
Merit: 522
November 12, 2017, 10:23:58 PM
The community of bitcoin who can destroy the bitcoin, the values of bitcoin can be destroyed by the investors and traders, they can sell all of the bitcoin on exchangers, the bitcoin's network can be destroyed by the miners, they can stop mining activity, it will makes hashrate of bitcoin goes down and the last the developers of bitcoin stop to development the bitcoin, it will makes bitcoin stop growing up, but i am no sure right now bitcoin can be destroyed because many people who addopt the bitcoin right now, although not all of people addopt it.
sr. member
Activity: 1176
Merit: 252
November 12, 2017, 10:19:01 PM
I do not know, currently the price of bitcoin is declining. maybe, if there is a coin that has a better price than bitcoin and stable, maybe it will crush the bitcoin slowly. but I do not know, it might break the system from cryptocurrency
full member
Activity: 546
Merit: 100
November 12, 2017, 10:16:34 PM
nothing and nobody can destroy bitcoin. he is the clock father of all cryptos
Actually bitcoin network is has no data center so it is hard to attact bitcoin network. No one can destroy bitcoin except God, many people said that bitcoin will die if there is no internet connection, but who want to make the internet dissapear, I think most of people doens't want to do that.
Probably because bitcoin is a decentralized system then it is hard to make it down in terms of online security, but unfortunately even what secure it is then there are still possible points that can make it down, like those other coin who are next in line of it that can overtake the value and make it obsolete and then the threat from government that if they want to legally ban bitcoin, i think they can really do that.
sr. member
Activity: 1932
Merit: 370
November 12, 2017, 10:16:16 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
there are many factors to make the price of bitcoin to crumble to dust, like example a world war 3 that resulted in a nuclear warfare or maybe one day the internet decided to shutdown. this are some examples but they might make the bitcoin price be zero.
full member
Activity: 392
Merit: 100
November 12, 2017, 10:10:36 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I think bitcoin eill destroy it self now if you see because of segwit2x the balue of bitcoin now is totally dumping and dumping and some people became mad because there a lot of unconfirmation transactions . Sad
member
Activity: 246
Merit: 13
November 12, 2017, 10:00:29 PM
successful cryptanalitic attack on private keys, excessive mining monopoly, global internet shutdown (possibly), massive loss of interest.
Bitcoin has no owner but has a origin. The value of the bitcoin can be destroyed or lower but the bitcoin itself is impossible to destroy. It is the all-time father of the cryptos. Bitcoin is an online currency that can be use in many things. The bitcoin is impossible to destroy now because it is powerful and the maker of it is anonymous.
sr. member
Activity: 714
Merit: 250
November 12, 2017, 09:12:34 PM
nothing and nobody can destroy bitcoin. he is the clock father of all cryptos
Actually bitcoin network is has no data center so it is hard to attact bitcoin network. No one can destroy bitcoin except God, many people said that bitcoin will die if there is no internet connection, but who want to make the internet dissapear, I think most of people doens't want to do that.
newbie
Activity: 14
Merit: 0
November 12, 2017, 08:00:28 PM
Destroy the value, yes.
But not destroy bitcoin itself.
I am the most connected person with the group who are control the whole banking and bitcoin-crypo system ever appeared at bitcointalk.org
All of what you guys are seeing (Bitcoin Cash, Bitcoin unconfirmed transactions, etc.) is just a signal from the group behind.
That signal is very clear, the changing in Global Money System.

The reason Bitcoin and all other crypocurrncies going to false and false quickly because of 2 reason:
1. The global currencies money reset. There will be a brand new money system will replace the current one.
2. The environment, mining bitcoin or any crypocurrnecie is extremely harmful to the environment.

If you want to know more about the Global Currency Reset, read this:
https://angelteam.wordpress.com/2017/11/05/100-truth-about-global-currency-reset

On the bright sight,
Bitcoin used to be cheap just like Zimbabwe money note now...

If you want to become rich, you just need to listen to me. Go buy a Zimbabwe note, there will be a group going to buy 1 million GBP per Zimbabwe note very very soon.

Remember Zimbabwe money note is very very limited and it all printed and finished long ago already.

Imagine there is a news on the media like that? Zimbabwe money note picture used to be laugh for the entire world will be brought back !!! And this time it is much much more fun and entertainment.

I highly recommended all of you going to buy Zimbabwe money note right now, or you will miss the once in lifetime, and this chance will never comeback again !!!

more information about this topic: https://angelteam.wordpress.com/2017/11/09/official-final-zimbabwe-money-note-exchange-guide-rate-and-more/

There is no any kind of donation or any kind of commercial on that blog.

Feel free to discuss

Regard,
Bettor Earth
newbie
Activity: 37
Merit: 0
November 12, 2017, 07:28:51 PM
nothing and nobody can destroy bitcoin. he is the clock father of all cryptos
member
Activity: 257
Merit: 10
November 12, 2017, 07:12:34 PM
Right.. but whats happening with BCH? Whales?
member
Activity: 242
Merit: 10
November 12, 2017, 07:31:26 AM
Yes, now the market is strong, but also pay attention to risk, today is a good example. I think the main risks at this stage are those forks. Sad
sr. member
Activity: 434
Merit: 250
November 12, 2017, 07:30:43 AM
Based on current scenario bitcoin will reduce its value because of lots of greedy whales they spread the rumour and dump the coin after some time they spread rumour to pump coin. Bitcoin or any cryptocurrency mostly run on speculation . Here media’s, community and people holding bitcoin will play major role
member
Activity: 98
Merit: 10
November 12, 2017, 07:22:32 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Internet!, but internet will not go. So its unstopable   -> monster kill - > Godlike mode -> Holy shit
member
Activity: 504
Merit: 11
November 12, 2017, 07:19:41 AM
which can destroy the bitcoin of course its developers but that can make the market price becomes empty is no investor who wants to buy or plant shares there or everyone is not willing to buy bitcoin. so the price will be zero
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
November 12, 2017, 07:15:40 AM
If we see the price and movement of bitcoin no cryptocurrency can beat bitcoin. Bit can be hit only by technical reasons. Failure of internet connection all over the world by any means will stop bitcoin transactions. Collective attack on all the computers of bitcoin users may stop bitcoin ywork. Complete ban by all the countries of the world at a time will destroy bitcoin network completely. If the users of bitcoin stops working or trading in bitcoins then bitcoin will be out of crypto market permanently. 
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