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Topic: Who can destroy Bitcoin ? - page 36. (Read 21748 times)

full member
Activity: 938
Merit: 105
October 18, 2017, 09:27:13 PM
Only us can destroy this because we are the one who make this become popular. But why we should destroy? We all earned benefits from this and it changes lour life into a better one. It is much better if we continue supporting this until our life ended and next generation will follows.
sr. member
Activity: 378
Merit: 251
October 18, 2017, 09:18:21 PM
No one can destroy Bitcoin, but Bitcoin can destroy you. 
full member
Activity: 406
Merit: 100
October 18, 2017, 09:09:21 PM
I think that can stop Bitcoin is developer and miner.
Because they are the most important role in Bitcoin. They are like Processors in Computers. If Processor does not exist then the computer will die.
full member
Activity: 504
Merit: 127
Match365> be a part of 150BTC inviting bonus
October 18, 2017, 08:31:46 PM
The same people that is mainly affected by Bitcoin could destroy it. I'm talking about the banks and the powerful nation that the bitcoin was designed to counter. As of now, they will start to feel the effect of bitcoin on their economy and on the flow of their money then they will start to conspire against bitcoin. But I think the people will support bitcoin and they will fail miserably if they try to destroy bitcoin. This era is revolutionary because power will be distributed to many instead of being horded by a few.
sr. member
Activity: 530
Merit: 250
October 18, 2017, 08:31:31 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.


"bitcoin destroy" actually i do not want to hear that,, but it's good question, ada beberapa hal yang menyebabkan bitcoin hancur

1. government every country bans bitcoin
2. no one buys bitcoin anymore
3. internet shutdown (all friends in the thread give this opinion, yes this is the main reason for bitcoin destroy)

but I think the bitcoin will not be destroyed, because the above factors will be impossible
sr. member
Activity: 476
Merit: 314
October 18, 2017, 08:06:17 PM
Ifthe bitcoin can be destroyed, whis will not be destroyed by a peoples or a simples computer, in this momment we only have the aapocalyptic scenarios like the end of the internet or the end of energy the end of... But a technology wich can destroy in a near future is the quantum computers, but if the quantum computers are developed faster than the expected, we will have other important things to protect before to protect our wallet
full member
Activity: 378
Merit: 100
October 18, 2017, 08:02:00 PM
if until crushed maybe there is only one major cause of the absence of the Internet network to access the forum bitcointalk automatically no more can open even rely again as a place earn revenue.
full member
Activity: 882
Merit: 104
October 18, 2017, 07:56:57 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Bitcoin will destroy if cannot use it,if the internet in the worldwide is shotdown the bitcoin back to zero and I think its not gonna happen because in our everyday life we need internet to all transaction.  So I think bitcoin is never gone and go down to zero unless all people not use it.
full member
Activity: 784
Merit: 212
October 18, 2017, 07:45:00 PM
no one can afford to make bitcoin destroyed even hackers though. it's because bitcoin is decentralized. so bitcoin does not have its own server but the server is shared with the bitcoin users themselves. so if bitcoin users many definitely bitcoinpun server will be many and very difficult to be disabled. one factor that could drop the bitcoin value is the more bitcoins it uses and may be because all countries will ban bitcoin usage. that's my opinion
hero member
Activity: 770
Merit: 500
October 18, 2017, 05:55:54 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Maybe other currency can beat bitcoins but they can't destroy bitcoin. Bitcoin exist as long as many people used it. This belongs in list of the most popular currency in many countries. It can give us more profit and lessen oir work physically.
Yes possibalities are always there but not in near future. Because in present time bitcoin is the best currency and trusted currency, people are more confident and trusted to invest in bitcoin they are still giving more support to bitcoin as compare to other digital currency therefore we do not expect that any other currency will replace bitcoin so soon.
member
Activity: 294
Merit: 10
October 18, 2017, 05:37:39 PM
be sure nothing can destory Bitcoin  Grin
bitcoin actors would expect bitcoin prices to stay good, so actually that can make zero bitcoin prices for sure bitcoin actors, as long as there are bitcoin trades bitcoin prices must remain stable
member
Activity: 105
Merit: 100
October 18, 2017, 05:23:55 PM
Satoshi Nakamoto Grin
sr. member
Activity: 490
Merit: 250
October 18, 2017, 09:06:05 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Government can do anything they want. They can illiminate cryptocurrecies anytime they want. But if we citizens contineous to support bitcoin nothing can bring it down! The more the support the more bitcoin powers

Yeah for as long as we the bitcoin community will keep using and give our support with bitcoin then this can't be destroy. There are a lot of businessman who invested in bitcoin they can't just let bitcoin die because chaos will happen. We don't even know if there are other member of the government that are secretly investing in crypto too.
full member
Activity: 238
Merit: 100
🔵 Brickblock.io - Future of Stock Trading
October 18, 2017, 08:52:34 AM
Are you referring to the destruction of the idea/popularity/concept of bitcoin or the destruction of actual coins (so called burning). Burning of coins or tokens isn't technically a destruction as the they are not erased from the ledger. They are removed from circulation by sending to a wallet that can be thought of as a "graveyard" wallet. No one has access to these coins so are they are functionally destroyed.
sr. member
Activity: 357
Merit: 250
October 18, 2017, 08:43:10 AM
Bitcoins can be destroyed, nothing stays forever.
The main factors that can play a major role in destroying BTC could be :-
- a global internet shut down : what is a digital crypto currency without internet. It is obvious that I'd their is no net then their would be no transaction and no BTC .
- a war :- a war like ww1 or ww2 can cause BTC to shut down . The world witnessed the economical crisis during war and no currency has the power to oppose the crisis during war times.

jr. member
Activity: 54
Merit: 1
October 18, 2017, 08:31:44 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Government can do anything they want. They can illiminate cryptocurrecies anytime they want. But if we citizens contineous to support bitcoin nothing can bring it down! The more the support the more bitcoin powers
agree with you. maybe they can break bitcoin's wing,but can not be destroyed.
full member
Activity: 280
Merit: 100
October 18, 2017, 08:30:38 AM
For me there is no one who can destroy bitcoin, blockchain is a technology that no one can penetrate since every user is a server so if one server does not agree to the others it will not update so hacking it in this generation might be impossible.
I think war can end bitcoin since at the times of war the very essential thing we need is to get food, shelter, and water which is the basic essential needs of human.
sr. member
Activity: 504
Merit: 268
October 18, 2017, 08:27:44 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I think no one and nothing can destroy bitcoin because bitcoin has alreadey helped so many people.Bitcoin are already known by many people and is widely used by many people.That is why many people are already supporting bitcoin.
newbie
Activity: 56
Merit: 0
October 18, 2017, 08:09:25 AM
no one can destroyBitcoin,unless the Internet die.obviously that is impossible.
newbie
Activity: 56
Merit: 0
October 18, 2017, 08:06:08 AM
Bitcoin cannot be truly destroyed without a global catastrophe that wipes out pretty much all electricity on the planet.
There are many things which could cause the value of Bitcoin to decrease; but it is nearly impossible for Bitcoin to be completely destroyed.
Dev's in prison would do very little Outlawing would need to be done in-sync globally; or else the nations that continue to allow it will allow it to prosper even more.
In my opinion the way to hurt Bitcoin the most would be to buy an enormous amount and artificially sustain the price at ridiculous levels; get mining difficulty insanely high; and then unload your coins. If the market crashes enough miners will be unprofitable and shut down; causing blocks to not be processed.
However it would be possible in such an emergency scenario to hard-fork Bitcoin to lower the difficulty. So an attack like this would cost billions and there is no guarantee Bitcoin wouldn't just route around it.
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