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Topic: Who can destroy Bitcoin ? - page 40. (Read 21748 times)

member
Activity: 112
Merit: 10
October 13, 2017, 12:16:09 PM
Nothing will destroy bitcoin, while there is blockchain and anonymity, there will also be bitcoin.
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
October 13, 2017, 11:31:50 AM
be sure nothing can destory Bitcoin  Grin
sure there is nothing can able to destroy bitcoim right now. more people would understand great of bitcoin. the value is tell everything. tbis is bitcoin and this is cryptocurrency. bitcoin should be the one that makes people want to invest in cryptocurrency and use it as a trading item that legal.
full member
Activity: 630
Merit: 103
October 13, 2017, 11:26:05 AM
Bitcoin can be destroyed in a lot of ways if people who are using it thinks hard enough. If they knew how to control bitcoin in a bad way, then the price of bitcoin would go down. Fortunately not all of the bad persons in this world has knowledge in cryptocurrency which is good because bitcoin is still controlled and there are no reports of bitcoin being hacked.

I think bitcoin would be destroyed if they abuse it. The major stockholders would think that having bitcoin is not as good as they thought if the bad persons will use it in a abusive manner.

Maybe if they totally ban the internet. Bitcoin would also die because bitcoin is one of the cryptocurrency that has a very high price and if internet is gone. Then bitcoin would also be useless.
legendary
Activity: 1624
Merit: 2481
October 13, 2017, 11:01:44 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Trump (with his massive stupidity) if hes going to launch all nuclear bombs to destroy the world.

I'd say trust is extremely important for Bitcoin. If a hash collision will be found or big security issues gets public, BTC will fall within minutes.
If miningcenter are getting bigger and only a few miner own 50%+ of hashing power this could get risky to still use BTC. This also probably would dump the price.
Another factor would be if governments (not just 1 country, majority of countries) are going to ban BTC. This will not destroy BTC but price would drop extremely.
Thats all scenarios i can imagine. Maybe, of course, if internet/electricity goes down.
member
Activity: 72
Merit: 10
October 13, 2017, 10:53:44 AM
may be physically bitcoin no one can destroy, but bitcoin can be destroyed by its value and it depends from tehnikal analysis and tehnikal its fundamental and possibly ugly is banned bitcoin ato scam at its market
full member
Activity: 252
Merit: 101
October 13, 2017, 10:47:15 AM
in my opinion, btc will kill itself due to some reason, maybe the security, maybe lost the trust, also can be tired, no matter how, it will be a long time for btc to destroy and before which btc shall be the king of cryptos
full member
Activity: 714
Merit: 100
October 13, 2017, 10:45:41 AM
No one can destroy Bitcoin.Even creator of Bitcoin can not destroy bitcoin.only people or country can manipulate Bitcoin price.So there is no chance to destroy Now people and country accepting Bitcoin.Bitcoin price will pump more and more
full member
Activity: 224
Merit: 101
October 13, 2017, 10:42:35 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
there are many question like this. The main thing is the goverment and the user when goverment successfull convince their peoole to don't use bitcoin. it will become the end of bitcoin
member
Activity: 84
Merit: 10
No Bitcoin, no problem.
October 13, 2017, 10:39:15 AM
I don't think another coin would destroy Bitcoin. But a new technology, that we don't know of yet, might.

If we are talking about decentralized technologies, be it financial or any other area, well I am pretty sure governments, banks and the like won't be too happy with them and like with everything else, they will try to control and own it. Some countries might push their own coins and ban all others etc. Which is against the ideal of being decentralized. Crazy world, anything might happen.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
October 13, 2017, 10:34:41 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

I think there is no one who can destroy it because as we can see as the bitcoin continue to have its progress in our everyday life it become more stronger and didn't have any possibilities that it will destroy by any thing. But of course we didn't sure about the government because sometimes government can kill it eventhough it is decentralized.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
October 13, 2017, 10:03:12 AM
It will be destroyed by the world government. In the future they want the money to be back to as it is used to be, maybe using again gold,silver and bronze. Goin back to medieval periods. Hope that it will not go to that. I am thinking of investing in mining so please. Make sure the value of the coins be higher and not lower hehe.
sr. member
Activity: 403
Merit: 250
Less is more
October 13, 2017, 09:53:02 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I think, the only thing which can destroy Bitcoin within a few hours is the loss of trust of all the bitcoin users into Bitcoin because of any bad reasons. Because I think regulations, bans, new type of cryptocoins cannot kill bitcoin. But if losing the trust of bitcoin users because of some security issues in bitcoin, this could make the bitcoin value fall very fast.
True. However, I think nothing can destroy Bitcoin. Bitcoin just can be destroyed if governments in all country ban their citizen from using Bitcoin but it won't happen. Otherwise, internet around the world crash and we can get access to Bitcoin.
full member
Activity: 140
Merit: 100
October 13, 2017, 09:44:50 AM
Who can destroy Bitcoin ? they can't destroy bitcoin but they can stop  its value into the market if many countries will banned or not allowing bitcoin in their respective country through that the value price of the bitcoin will fall.
sr. member
Activity: 574
Merit: 250
October 13, 2017, 09:39:10 AM
internet down, or some people try to buy all this stuff (so no one will get back to bitcoin and change to altcoin)
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
October 13, 2017, 09:31:07 AM
I do not know who can destroy bitcoin, everybody, I sure do not want such a thing, we all just focus on how to collect and get bitcoin.

You can destroy bitcoin.
It is easy:
Buy so much bitcoin you can buy.
Send them in you private wallet you have not saved...
burn your computer...bitcoin will be destroyed for ever with your computer.
full member
Activity: 177
Merit: 100
StableDex | Decentralized, Secure & Cost Effective
October 13, 2017, 09:26:54 AM
I do not know who can destroy bitcoin, everybody, I sure do not want such a thing, we all just focus on how to collect and get bitcoin.
legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
October 13, 2017, 09:19:56 AM
For me there are 2 ways how to destroy bitcoin. Its my opinion only (Y) Smiley
1. The Creator itself can destroy bitcoin since he/she created bitcoin, he/she has the power to destroy it too anytime he /she wants.
2. Bitcoin will be destroy if the internet connection in the world is gone. Thing that will never happen Cheesy
member
Activity: 98
Merit: 10
October 13, 2017, 09:05:41 AM
A world war will probably destroy bitcoin because a lot of people will be withdrawing from crypto currency in order to back themselves up.
full member
Activity: 214
Merit: 101
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October 13, 2017, 08:59:36 AM
Government are certainly the largest risk to bitcoins future. As others have said though, destroying it is next to impossible. it will just be push underground and used for illicit purposes. There is no mechanism currently available that would 'destroy' it per say. They certainly can regulate and pass legislation that makes it difficult for main stream population to use it, and that will just cap the value of it moving forward.
hero member
Activity: 854
Merit: 501
October 13, 2017, 08:57:37 AM
Bitcoin will be destroyed if Bitcoin will be banned globally there is no investors, traders and users obviously; No internet connection, no one can  browse; World war.
I think the internet can destroy bitcoin. If there is no internet, there will be no bitcoin, because the entire blockchain wallet, transfer, trade, selling, buying and spending needs internet. I don’t think that world war will destroy bitcoin because if there are people in this world they will start it again and after some time it will again prevail all over the world, but the condition is that internet should be there.
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