Topic: Who can destroy Bitcoin ? - page 32. (Read 21748 times)
It is the behavior of the market itself, because it is the market behavior that naturally affects the bitcoin price movement itself, but I think bitcoin will not be devastated or has no selling value because bitcoin has halving day that will continue periodically, so the bitcoin amount will be controlled normal.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
A shutdown of all things electronic. COuntries shying away and sheddig bitcoin i to a bad light investors or buyers of bitcoin that dont know how to properly trade. And last but kot the least in which I think something that can destroy bitcoin is the hackers.
Bitcoin can not be destroyed, as many people are put on by bitcoin. Only one way can destroy bitcoin if the internet network in this world no longer exists (this is very impossible).
I'm sure, nothing can destroy bitcoin.One thing is bitcoin is the most powerful cryptocurrency ar9und the world.
Many people this day become bitcoiner and spend their time in bitcoin and most of them became rich instantly, so many people now a days trust their future in bitcoin. So there is no such thing can destroy and stop bitcoin.
Many people this day become bitcoiner and spend their time in bitcoin and most of them became rich instantly, so many people now a days trust their future in bitcoin. So there is no such thing can destroy and stop bitcoin.
If no one mines bitcoins anymore, nobody can exchange them. Miners basically get a commission because they use their processing power to process transactions between bitcoin wallets. So if no one is mining anymore, which is unlikely for now, you will actually destroy the currency. Even if it is still worth something, you won't be able to exchange it, so it is like destroying it.
Bitcoin is a cryptocurrency. It works in online. As it is a online coin, hackers can attack this system. If there are some security problem of this system, the hackers can attack the system. Now a days the hackers can do any harm if the security is weak. They can destroy the whole system also. Bitcoin can also be harmed by the banks. They can pressure the authority to shut the system down as they are in loss for bitcoin.
From all the possible scenarios only one is believable and it is all of the government of each country decides Bitcoin as a global threat and decide to ban it worldwide where they have the power to do so within the reach of the internet from banning all wallets to blocking ip addresses it is all possible to be done by the government. But it all depends if people in the future will really abuse the anonymity of Bitcoin that it can affect the economy of a country or the prominent use of Bitcoin to enriching criminals.
All governments deciding to go against Bitcoin is very very unlikely. And even if, it would be very hard for them to do this. The only way I can imagine is if they would manipulate people into hating or distrusting Bitcoin, since it's not really possible to stop the Blockchain everywhere.
From all the possible scenarios only one is believable and it is all of the government of each country decides Bitcoin as a global threat and decide to ban it worldwide where they have the power to do so within the reach of the internet from banning all wallets to blocking ip addresses it is all possible to be done by the government. But it all depends if people in the future will really abuse the anonymity of Bitcoin that it can affect the economy of a country or the prominent use of Bitcoin to enriching criminals.
I don't think anybody or anything can destroy bitcoin at present time. Without One thing. That's shutting down of Internet. 
I don't think it's possible.
I don't think it's possible. However, China is working to cut off access to the BTC. All you have to do is set the appropriate limits.
I don't think anybody or anything can destroy bitcoin at present time. Without One thing. That's shutting down of Internet. I don't think it's possible.
I don't think it's possible.
Present in the world as bitcoin the no.1 and most of currency. So I think that none of bitcoin destroyed will be able to do.
Only if all governments are forced to ban all bitcoin together they can defeat it. Otherwise they will not have any chance, bitcoin will dominate.
It was really not possible to disable all the bitcoins circulation because a lot of company will fall down and they will all complain, There is a lot of investor who spend to much in this bitcoin industry and that is the reason why they cannot remove bitcoin so easily because everyone will be affected.
So far so good.
Bitcoin is fully protected platform so that it can't be destroyed by anything. but one thing you have to consider that since the technology is the major element for Bitcoin so that technology would be a great threat for Bitcoin in the future. that is why only technology can destroy Bitcoin. but so far I can assume that Bitcoin has been invented with a full of protection.
Bitcoin is fully protected platform so that it can't be destroyed by anything. but one thing you have to consider that since the technology is the major element for Bitcoin so that technology would be a great threat for Bitcoin in the future. that is why only technology can destroy Bitcoin. but so far I can assume that Bitcoin has been invented with a full of protection.
Quantum computers are interesting. But there are ways much easier. This is a gradual strangulation of bitcoin. The ban on the input and withdrawal of funds through ordinary banks - and bitcoin will gradually become of little interest to anyone. The USA can easily arrange this. The USA was able to press on all the major offshore companies in the world, forcing information about the owners. If they were able to do this, then it is easy to prohibit the input and especially the withdrawal of funds.
I do not know what can destroy bitcoin, because at this time, bitcoin growth is very good, for now only, but not yet entering the new year 2018, bitcoin selling rate has exceeded that we expect. therefore, in my opinion, as long as there are still using bitcoin, bitcoin will remain as a digital currency
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Several factors can destroy the existence and development of Bitcoin. The first is the internet, Bitcoin is based on encryption, blockchain blocks, so it needs internet, if the internet is turned off worldwide, Bitcoin will no longer work and if it lasts long time, it will be the same Bitcoin is destroyed. Second, governments, If all countries have banned Bitcoin in their country, Bitcoin will soon be degrading.However, I think that these things are very difficult to happen, the internet is still working well and governments are becoming increasingly positive about Bitcoin. Bitcoin will continue to grow in the future. 
The only people who can actually destroy Bitcoin are the users. Its like asking who can destroy the internet. If more people and more people adopt Bitcoin, great, it will be awesome and big. If no one adopts it, it doesn't exist.
One thing to mention here is if Bitcoin is ever able to be hacked by super computers, that could destroy it too..
Good opinion and I like your opinion.One thing to mention here is if Bitcoin is ever able to be hacked by super computers, that could destroy it too..
Actually, bitcoin can not be destroyed unless its users or owners of bitcoin because the only person who can really destroy Bitcoin is its users and also the person is a hacker.
Nobody can destroy bitcoin not even government. the government can just regulate or at worst ban bitcoin but as long as there is internet bitcoin will still exist. that is shutting down bitcoin means shutting down the internet. i can see some people saying when people stop using bitcoin then the bitcoin will be destroy. for me i dont think it is possible for people to loss interest in bitcoin even if bitcoin fall to 100 USD per BTC today people will still not loss interest in bitcoin. bitcoin is here to stay
I don't think that there is someone that can destroy bitcoin because if bitcoin can be destroyed then the price of bitcoin will not reach to what price does bitcoin have right now. So for me, the bitcoin cannot be destroyed by anyone and bitcoin will stay what it is and it will not have any threat for being destroyed.
I think no one can destroy bitcoins,but there are some of the people due to which people cant believe on bitcoins,such as hackers,stealers and many more who work for people on project but they cannot pay for them,so people cant take interest and leave bitcoin.
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