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Topic: Who can destroy Bitcoin ? - page 26. (Read 21748 times)

newbie
Activity: 28
Merit: 0
November 06, 2017, 03:55:46 AM
Politics can take it down if they are serious and if all country agreed to.  
full member
Activity: 244
Merit: 100
November 06, 2017, 03:55:34 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I strongly believe who guys can't destroy Bitcoin because Bitcoin is very powerful digital currency in the world.Bitcoin is unstoppable long live currency.In future Bitcoin will be changed all Bitcoin fan's life.
sr. member
Activity: 616
Merit: 252
November 06, 2017, 03:52:35 AM
The short answer is nobody. The long answer is someone with loads of money. This might also be the biggest risk in bitcoin. If the US government finds out it wants to destroy bitcoin, it can do it. It might cost them xxxx trillion dollars, but it's possible. The problem is that the population would perhaps rather have wellfare for those trillions instead of a destroyed bitcoin. So in reality nobodyu will destroy it
full member
Activity: 518
Merit: 100
November 06, 2017, 03:49:13 AM
I think that the one can destroy Bitcoin is the government because they have the rules and regulations if this forum was legal and not abusing someone. but I think also the one who get anger in this forum because they are the best competitor that he/she has ever had that's quite funny but maybe true
member
Activity: 70
Merit: 10
November 06, 2017, 03:48:23 AM
If on the planet Earth will disappear electricity and the Internet, then disappears bitcoin. Now it's impossible. When will the end of the world be, then so.
sr. member
Activity: 574
Merit: 250
November 06, 2017, 03:45:37 AM
I think that can destroy bitcoin is the government and the bank because they are the ones who hold full power over the people in determining currency. the government began banning the use of bitcoin as a medium of exchange because bitcoin can lead to a decline in the currency in a country and reduce government revenue in the banking sector. But there is still another one that can destroy bitcoin that is starting new currency such as dogecoin, altcoin, blackcoin and others so it will be a bitcoin competitor or even in the future can beat bitcoin.
Government cannot destroy bitcoin because it is decentralized and that is one of the major foundation of bitcoin why it is not easy for bitcoin to get destroyed. If there's a reason why bitcoin will destroyed it is us. We just leave bitcoin alone so the miners will not have a work because they will not earn money if there is no transaction and also demand in the market.
newbie
Activity: 10
Merit: 0
November 06, 2017, 03:44:04 AM
No one can destroy Bitcoin because it is so popular right now in to many peoples. Peoples are willing to learn how to earn bitcoin. Because many users are now become wealthy earning it. And now so many companies are choosing bitcoin as a payment.
full member
Activity: 182
Merit: 100
November 06, 2017, 03:16:18 AM
I think that can destroy bitcoin is the government and the bank because they are the ones who hold full power over the people in determining currency. the government began banning the use of bitcoin as a medium of exchange because bitcoin can lead to a decline in the currency in a country and reduce government revenue in the banking sector. But there is still another one that can destroy bitcoin that is starting new currency such as dogecoin, altcoin, blackcoin and others so it will be a bitcoin competitor or even in the future can beat bitcoin.
full member
Activity: 406
Merit: 117
November 06, 2017, 02:59:00 AM
I think bitcoin can’t be destroy right now. Because bitcoin are now getting very popular to many people, users and company. Now many people are willing to try and to learn how to earn bitcoin. Many users are now become wealthy, because of the bitcoin increasing price. There are some company accepting bitcoin, and now many companies are willing to accept bitcoin as a payment. But I think in the future bitcoin will be destroy by itself, if bitcoin reach the limit of 21 million.
newbie
Activity: 13
Merit: 0
November 06, 2017, 02:53:28 AM
If at least someone has the blockchain, you can not destroy it. You could destroy some BTCs if you send it to a wallet without private key
newbie
Activity: 4
Merit: 0
November 06, 2017, 02:49:23 AM
My guess is bitcoin would never be destroyed, it would simply be regulated so much, it would be just like buying/selling another fiat currency. You know, when btc eventually hits 1 million, the governments require taxation and declaration of your btc, etc...
newbie
Activity: 34
Merit: 0
November 06, 2017, 02:31:28 AM
maybe ETH can beat it,.
hope Smiley,.
sr. member
Activity: 379
Merit: 250
November 06, 2017, 02:05:27 AM
Unless all countries in the world ban ICOs, there is nothing can reduce the Bitcoin to zero or destroy it.
member
Activity: 172
Merit: 10
November 06, 2017, 01:58:03 AM
I think the possibility of this happening is very low.
It's never zero.
But BTC has reduced prices, but doubled again.
BTC price is increasing day by day It has become more popular and hopefully it will become more popular in the future.
member
Activity: 490
Merit: 10
November 06, 2017, 01:45:45 AM
I read that a quantum computer can kill bitcoins. I do not want to believe in it. Do you think this is a serious threat to the Crypto currency?
full member
Activity: 910
Merit: 100
elysian.finance
November 06, 2017, 01:38:18 AM
Whoever that person I do not know for sure, but I do not think anyone can destroy bitcoin, because bitcoin is very strong and bitcoin will be hard to destroy, and seen from its development more and more people use bitcoin as an investment, so if for example will destroy it there is a right reason , if bitcoin does not harm the country why it must be destroyed.
hero member
Activity: 1190
Merit: 534
November 06, 2017, 12:58:55 AM
I think Bitcoin has grown so big that at this point, Bitcoin is the only thing that could destroy Bitcoin. I am not against forks (and I am not supporting it too) but I do see that if we don't put our efforts into improving Bitcoin from user's side, developer's side and work on the current issues in order to resolve those issues then we don't need anyone to destroy it for us. I don't see any external factor as strong as internal factors having the capacity to destroy Bitcoin, to be honest.
full member
Activity: 322
Merit: 100
November 06, 2017, 12:52:48 AM
No one can destroy Bitcoin. I think Bitcoin will grow more strongly.
full member
Activity: 196
Merit: 100
November 05, 2017, 02:55:21 PM
The big owners of bitcoin can destroy because of volatility of bitcoin when the owner did not use his bitcoin anymore or forgot their password the moment they did not recover it is to be consider lost bitcoin and when the number of bitcoin circulating in the market became lost or stagnant thet would be the start that bitcoin will be destroy.
Bitcoin is unstoppable no one can destroy it and this is the behavior of bitcoin that it attracted it haters toward it JP is the best example in front of you and more of it bitcoin is changing lives of people so that people are now its defender people start buying as its prices goes down and all are united because profit is same for everyone and that’s very good, bitcoin has no enemies now excepts jealous people.
Every thing can and eventually will be stopped. It's just a matter of time. But who knows when the time of Bitcoin will come?
hero member
Activity: 1092
Merit: 501
November 04, 2017, 12:14:18 PM
The big owners of bitcoin can destroy because of volatility of bitcoin when the owner did not use his bitcoin anymore or forgot their password the moment they did not recover it is to be consider lost bitcoin and when the number of bitcoin circulating in the market became lost or stagnant thet would be the start that bitcoin will be destroy.
Bitcoin is unstoppable no one can destroy it and this is the behavior of bitcoin that it attracted it haters toward it JP is the best example in front of you and more of it bitcoin is changing lives of people so that people are now its defender people start buying as its prices goes down and all are united because profit is same for everyone and that’s very good, bitcoin has no enemies now excepts jealous people.
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