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Topic: Who can destroy Bitcoin ? - page 4. (Read 21748 times)

hero member
Activity: 910
Merit: 509
December 05, 2017, 07:12:37 AM
The Bitcoins may be the Government. We have seen its impact when announcing the Chinese government's stopping the ICOs and Exchanger. This resulted in a sudden fall estimated at $ 1,000 a few hours before it was said. So if the powerful countries have fallen and fight the bitcoins there is a great deal of disruption.
I have the very same opinion regarding the future of bitcoin. Bitcoin is having very secure and bright future for its investors. I don’t think so bitcoin has yet bloomed fully, it is just the beginning of bitcoin journey. Even if we think rationally, there is not as such any threat to bitcoin throne because banks are totally useless in front of bitcoin, traditional currencies are lagging behind it and altcoins are living on its mercy.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
December 04, 2017, 08:54:27 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
yeah the bitcoin now is so very powerful than before but i think no one can destoryed it only goverments can destroy it if all goverments in the world banned this bitcoin i think this is the possibility that the bitcoin price will going to zero again.
for now, if there is a problem with bitcoin, the government can only make the bitcoin illegal, or limit its use. at present, it is very difficult to destroy bitcoin, unless there is a country that buys all bitcoins, but we know that it is impossible.
newbie
Activity: 22
Merit: 0
December 04, 2017, 08:48:54 PM
opcode burns bitcoin
jr. member
Activity: 233
Merit: 2
December 04, 2017, 08:42:30 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
yeah the bitcoin now is so very powerful than before but i think no one can destoryed it only goverments can destroy it if all goverments in the world banned this bitcoin i think this is the possibility that the bitcoin price will going to zero again.


I think the only thing that can destroy bitcoin is when there is a world war 3 happened because i know it will automatically burnt all data's and distroyed all cell site and ect.
full member
Activity: 196
Merit: 100
December 04, 2017, 08:33:34 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
yeah the bitcoin now is so very powerful than before but i think no one can destoryed it only goverments can destroy it if all goverments in the world banned this bitcoin i think this is the possibility that the bitcoin price will going to zero again.
newbie
Activity: 56
Merit: 0
December 04, 2017, 07:16:32 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

No one can destroy bitcoin, because destroying bitcoin is tantamount to destroying blockchain networks around the world. Can you do that?

Also do not get boosted on the bitcoin price, keep the bitcoin supply while you can.
newbie
Activity: 24
Merit: 0
December 04, 2017, 07:12:43 PM
There's nothing in the world who can destroy bitcons.But yeh If countries start banning ( like china do )

Bitcoins.It can lead bitcoins success to UNSUCCESSFUL .Peoples can start losing profit.A lot of bad thing can

happen

This is certain if government would put it as a criminal act the popularity may came to drop. We just hope that itll be for good.  I just read an article that the bitcoin or crptos is being used by  neo nazis for thei transacions.
member
Activity: 140
Merit: 10
December 04, 2017, 11:58:41 AM
What made you think about this question Smiley
newbie
Activity: 8
Merit: 0
December 04, 2017, 11:57:59 AM
Who will afford enough power to destroy bitcoin? Who wants to destroy this amazing virtual currency?
The answer is no one Smiley
newbie
Activity: 219
Merit: 0
December 04, 2017, 08:40:49 AM
There is only one person in the world who really may destroy Bitcoin...
Kim Jong-un, be careful with this guy...
full member
Activity: 546
Merit: 102
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December 04, 2017, 08:16:56 AM
Well if every single government would turn their backs to it and started issuing all these laws against it, that would have a pretty huge impact on the price. But that would be very hard to do if not impossible at least in the democratic countries.

It's not impossible, but even in less democratic societies, the elite should also among the biggest btc holders and proponents. So, they might not care to go against it, and instead see it as a way to help cement their position in society.
member
Activity: 198
Merit: 10
December 04, 2017, 08:11:07 AM
Well if every single government would turn their backs to it and started issuing all these laws against it, that would have a pretty huge impact on the price. But that would be very hard to do if not impossible at least in the democratic countries.
newbie
Activity: 28
Merit: 0
December 04, 2017, 08:09:15 AM
No one can destroy bitcoin,  no one can
member
Activity: 168
Merit: 10
December 04, 2017, 08:01:37 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
None? as long as the nodes of bitcoin will still actives to secure the bitcoin network around the world, but according to the recent news and it seems the government is be able to control bitcoin through give a limit to the exchange sites or even banned it from their countries. But bitcoin is about freedom of use.

I agree. Right now, and considering it's current status, it would be very hard to kill off something that shows a lot of promise and potential. People are really coming out their way to learn about cryptocurrencies, specifically bitcoin, which has given it useful attention to prosper. I think as more and more of these attention comes in, it will equate to more and more investment and real transactions that would help in powering the cryptocurrency market.
sr. member
Activity: 924
Merit: 275
December 04, 2017, 07:05:39 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Do you think that there is a person or organization that can destroy bitcoin? I believe that the bitcoin will not be destroyed because people in our society are continuing to accept bitcoin. There is no person or government that can destroy bitcoin.
full member
Activity: 186
Merit: 100
December 04, 2017, 07:00:41 AM
Bitcoin exists and grows strongly due to the need to use bitcoin by many people and many people believe, invest in it. No individual can kill bitcoin but if everyone does not use it then it will die.
xz
member
Activity: 168
Merit: 10
December 04, 2017, 06:42:56 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Nothing can really affect it like that but it could be banned or halted from using in the current scenario. However looking at the continuing growth of the bitcoin market cap it seems impossible to be banned from the market and reality as well. :-)
Bitcoins is the most secure place to contribute your cash since its the most secure digital currency nobody can hurt your bitcoins so it is protected to put your cash in bitcoins as you definitely realizes that it is the most secure and easyest approach to procure cash.
member
Activity: 121
Merit: 11
December 04, 2017, 05:50:06 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Your right, bitcoin grow strong in the moment the world hear about it's capable. Therefore, I think there's nothing can make bitcoin market value goes to zero. Because theirs a lot of users and traders in the whole world. But I think of bitcoin in near future, maybe bitcoin can be defeated by other kind of crytocurrency's that is raising rigth now.

No one can make bitcoin destroy, But bitcoin market value may go lower. But that only my prediction.

hero member
Activity: 546
Merit: 500
December 04, 2017, 12:29:52 AM
I think that it was possible to destroy it in the past when it was just emerging...at the moment it is very strong and has many investors...I don't see any way to destroy it
full member
Activity: 159
Merit: 100
LuckyToken – Join ICO!!!
December 03, 2017, 07:54:21 PM
read that even coins satoshi did not change anything. apparently only bitcoin himself can haha
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