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Topic: Who can destroy Bitcoin ? - page 28. (Read 21748 times)

newbie
Activity: 14
Merit: 0
October 30, 2017, 03:22:46 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Bitcoin is safe...unless there's a bug or backdoor in the code it should continue to be a solid currency and be worth a lot in my opinion.
member
Activity: 98
Merit: 12
October 30, 2017, 03:21:36 PM
noone can destroy they have to sut down hole electrisity XD


trust in BTC !
sr. member
Activity: 560
Merit: 257
October 30, 2017, 03:09:29 PM
The bitcoin will be destroyed if suddenly all countries conspire and decide to close all exchanges or turn off the Internet or just someone will buy up all the bitcoins
Someone to buy all Bitcoins, well that guy would need to be... well rich is not enough. But if there was a guy like that, after buying all Bitcoins he would not be rich anymore. But your first choice is a possible one, at list to some extent. Possibilities for something like that to happen are really small, almost impossible. But even if something like that is to happen, it would not happen over night. It would need a lot of time, and not to speak that there would be countries who would not give a damn about other countries decisions. It is almost impossible for Bitcoin to die, at least not in one day... or week.
sr. member
Activity: 476
Merit: 256
October 30, 2017, 02:38:47 PM
indestructible Bitcoin. currently the bitcoin is leading in the background of digital money. These are the currency of the future. Bitcoin can lose value when there is a better coin community is preferable.
But i have heard that the quantum computer will kill future bitcoin. I've read about it but unclear about it, can anyone tell me about it?

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full member
Activity: 344
Merit: 100
October 30, 2017, 02:34:48 PM
I hope nothing will destroy bitcoin. Bitcoin is very popular now and will not be destroyed. the popularity of bitcoin makes it stronger and stronger.
newbie
Activity: 16
Merit: 0
October 30, 2017, 02:34:30 PM
The bitcoin will be destroyed if suddenly all countries conspire and decide to close all exchanges or turn off the Internet or just someone will buy up all the bitcoins
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
October 30, 2017, 02:33:11 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

The only threat that I can see in the future of cryptocurrency is the banning of some countries. They can start propaganda against bitcoin and making other countries as well to not believe anymore to bitcoin. And the media is not really helping with those articles about scams and 'bitcoin is just a bubble' topics. But I know that cryptocurrency can make it and change the world.
full member
Activity: 664
Merit: 100
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
October 30, 2017, 02:28:20 PM
I think it is not because the crypto market is growing rapidly, especially the blockchain technology has been developing strongly it is being tested in the security of banks around the world. But I think one thing that happens is that there will be coin values closer to bitcoin or more stable than bitcoin and are supported by the majority of the world's big corporations.
full member
Activity: 392
Merit: 101
October 30, 2017, 02:21:09 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
A good opinion and I like your opinion.
That bitcoin develops very rapidly and strongly therefore which factors can destroy the value of bitcoin market value to be destroyed.
As long as bitcoin is still widespread, it is difficult to destroy its market value.
newbie
Activity: 37
Merit: 0
October 30, 2017, 02:00:38 PM
nothing and nobody can destroy bitcoin for that people love him too much.
hero member
Activity: 2464
Merit: 594
October 30, 2017, 01:43:45 PM
Bitcoin cannot be destroyed easily by any tools or software even interrupt it. The only thing you can consider that it is destroy when the government started to control it like putting restrictions and strictly banning it by means of accessing and using it. Sorry for us if they make a law against crypto-currency.
hero member
Activity: 2520
Merit: 783
October 30, 2017, 10:04:23 AM
Bitcoin is decentralized so i believe that there is nothing that can destroy bitcoin because bitcoin is a very strong cryptocurrency and even there is a lot of problems or issues that is being linked to bitcoin, it is still not destroyed so even there will be someone who will try to destroy bitcoin will not successfully do that for sure.
hero member
Activity: 868
Merit: 535
October 30, 2017, 09:49:13 AM
I see you are very practical with your answers to which I agree with. They are very in touch with reality and I could not be more agreeable with it.

The only thing I see that can destroy Bitcoin are the governments especially so when they are united in terms of shutting down the market of Bitcoins. When governments worldwide take on this hand and hand, I think they can minimize the proliferation of Bitcoins. Minimize alone, but not totally eradicate. As you can see, almost all are found online and a lot of them are not regulated for the reason that its existence is very much questionable. Bitcoin, here, makes no difference. 
member
Activity: 196
Merit: 12
★Bitvest.io★ Play Plinko or Invest!
October 30, 2017, 09:35:25 AM
Strict government regulations can defintely make investors black out. That would crash the price of bitcoin and people would just turn away from it.
Another possibility i see, is that advanced technology can make blockchain obsolete. Im purely speculating but perhaps in the future new hardware can be developed that could somehow cheat the voting process done in blockchain.

But for now I think Bitcoin is safe for now. Governments couldn't even regulate child pornography. I don't see a way where they could regulate BTC any time soon.
member
Activity: 126
Merit: 10
October 30, 2017, 09:30:38 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 if bitcoin can destroy, because nowandays this is a powerful. Even the goverment cant control the bitcoin, no one can control it. Because this system is good for btc users and can help them to theit needs. So in my opinion no one can destroy bitcoin.
I don't think if bitcoin can pulverize, in light of the fact that nowandays this is an intense. Indeed, even the goverment cannot control the bitcoin, nobody can control it. Since this framework is useful for btc clients and can push them to theit needs. So as I would see it nobody can demolish bitcoin.
sr. member
Activity: 462
Merit: 250
October 30, 2017, 09:26:03 AM
now a days bitcoin is to strong, the cryptocurrency still pumping, i think no one can destroy its status. but i think if the whole world get cut off internet establishment, no one can access any kind of exchange and forums
legendary
Activity: 1414
Merit: 1001
October 30, 2017, 09:23:30 AM
I think no one can beat the bitcoin because it does not depend on anyone even the government. It just disappeared when the Internet disappeared. And this will never appear.
I think there is when there is still internet access then we will still be able to use bitcoin. which can destroy bitcoin when bitcoin can not be used by anyone. I see if in the future that will have internet users very much. ranging from the official financial system to a lot of buying and selling goods in the community. I am optimistic if bitcoin will last for a very long time.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
October 30, 2017, 09:20:34 AM
The creator of bitcoin is the one who can really destroy it. Hacker's can also destroy bitcoin by hacking are private key so all user's possible not to use bitcoin because of safety reasons.

Well you know how difficult it is to hack through crypto security measures right? Hackers will have their hands full trying this and i don't think they'll see it to even be worth the effort. Governments cracking down and declaring crypto as illegal would be a start to bitcoin's destruction.
full member
Activity: 360
Merit: 100
October 30, 2017, 09:15:08 AM
I think no one can beat the bitcoin because it does not depend on anyone even the government. It just disappeared when the Internet disappeared. And this will never appear.
full member
Activity: 616
Merit: 100
October 30, 2017, 08:58:15 AM
in my mind how to destroy bitcoin is because of a big community or the richest man alive that can buy 21 million of bitcoin int he world, if they buy all of this i believe that bitcoin is priceless beecause there are no circulation in the market, and all people can't use it anymore
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