Pages:
Author

Topic: Who can destroy Bitcoin ? - page 45. (Read 21748 times)

full member
Activity: 360
Merit: 100
October 09, 2017, 06:48:08 PM
Bitcoin is decentralized and no one control that mean nobody can destroy bitcoin , only when the government forbids it, it is only the government that can destroy bitcoin .
sr. member
Activity: 742
Merit: 251
October 09, 2017, 11:15:37 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Bitcoin is a worldwide cryptocurrency which works without a central repository or single administrator. As a my opinion I don't think so it can be happened. No one can destroy Bitcoin.
member
Activity: 112
Merit: 10
October 09, 2017, 11:05:14 AM
Bitcoin can't be stopped. Even if few countries decide to ban it, there will be always some countries that will keep Bitcoin legal because it's money for them. There is a low possibility of 51% attack but someone would have to spend a lot of money to do it. it wouldn't be as profitable as investing directly in Bitcoin or GPU/ASIC mining farm.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
October 09, 2017, 10:54:01 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I think only the banks and the government can eradicate Bitcoin at the present time because it has lost too much of their profits and it has made the crime rate and illegal activities increasingly high. . In addition, they do not expect a kind of money to grow and lose cash, which they can create and make a profit. Even so, they still can not kill Bitcoin at the moment
legendary
Activity: 1848
Merit: 1000
October 09, 2017, 10:52:27 AM
I think the only thing that can really destroy bitcoin is the community and interest, if we all lost interest and migrated over to a new coin that had everything that bitcoin has and more then that would surely hurt it, thinking about it I don't think it is possible to destroy bitcoin as such but it can definitely be hurt.
sr. member
Activity: 2506
Merit: 368
October 09, 2017, 10:49:05 AM
Why would you think that bitcoin could be destroyed? It is on the internet and the internet could destroy it. If you are curious when will the bitcoin will be dead? Well, no one knows because everything could be destroyed if it's meant to be. I mean, in the process it could be destroyed or killed but it will took a lot of time before they can do it. Example of that is: If the internet will gone(maybe), successfully stole(hacked) private keys, mining monopoly(i don't think this will  work now, since the bitcoin left to be mined is just too low). There's a lot of factor on how they would destroy bitcoin but just like i said it will only takes a lot time and effort to bring it down, since the people are always hyping the price of it.
full member
Activity: 313
Merit: 100
October 09, 2017, 10:17:21 AM
Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin, but I think for now ETH can not beat it.
But soon the possibility of ETH will be ranked 1
I’m 100% agreed with you, and I think doge also a very good compatible coin.
Bitcoins the first and last choice because of its huge profit giving conventions, ETH and DOGE is new not much people know about it, and there is no chance that these will kill bitcoin, everyone will go for the already set thing that is bitcoin and it gives you more benefits as compared to any other choice and ETH and doge are like kids of bitcoin.
sr. member
Activity: 327
Merit: 250
October 09, 2017, 10:03:47 AM
Bitcoins have many reasons to be zero value but it's hard to do. Just like shutting down the internet but it's less likely to happen. Similarly the loss of investors, but its vague happen because it is considered a currency in digital form. There are many others like banned by all countries here as well as many people will be selling bitcoins. And this will cause the fall and eventually zero value
hero member
Activity: 770
Merit: 505
October 09, 2017, 09:54:16 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I do not think anyone can destroy bitcoin.Because it is safe and well developed currency.When most of people sell it, the price will drop,  when most of people buy it,  the price will go up.I think bitcoin will survive much more.
Nobody can destroy it because if it was possible, the enemies would have already done it. Bitcoin is grabbing fame across the world now and with every day, it is becoming more difficult to stop this currency. When bitcoin is on the road, its haters must move out. With this much huge community and big investors, it is impossible to block bitcoin from the whole internet.
hero member
Activity: 1666
Merit: 502
October 08, 2017, 08:23:07 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
which can destroy is the user itself because we know that bitcoin is decentralized. if the user has no confidence in the auto bitcoin the demand will decrease and the price of the bitcoin will fall. issues that have a negative impact on bitcoin can also destroy such examples as china prohibits ICO and bitcoin exchanges it causes a decrease in the bitcoin price even though it could return because the users who still believe in bitcoin.
full member
Activity: 350
Merit: 100
October 08, 2017, 08:11:11 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
No people can destroy bitcoin but if worldwar3 comes i think that is the one possibility the the bitcoin will end or if a lot of country ban bitcoin so i think bitcoin have a limit in life becuase no one have will have a forever.
full member
Activity: 462
Merit: 100
October 08, 2017, 07:50:40 PM
successful cryptanalitic attack on private keys, excessive mining monopoly, global internet shutdown (possibly), massive loss of interest.
How can private keys be attacked? Is this through an infection of a malware or spyware? I am a bit confused on this part because I am 100% on the security feature of bitcoin.

A total disagree on the massive loss of interest. Bitcoin is a booming trend all over the world. I guess we don't see loss of interest happening in a few years time though.
hero member
Activity: 798
Merit: 500
October 08, 2017, 05:56:22 PM
I think for now there is nothing that can damage bitcoin because bitcoin is so strong and too much that uses bitcoin so it is difficult to change the value of bitcoin to zero
Bitcoin has developed so strong that no power can destroy it, it main stream is so strong and so many investors across the globe will not allow anyone to destroy such a valuable coin and those who think to destroy it ends up with back off and the strength of bitcoin will grow more as many newbies are coming toward this mighty coin and it will prosper more in the future.
legendary
Activity: 1582
Merit: 1031
October 08, 2017, 06:19:33 AM
As we have no see the countrys can forbid  or output the bitcoin Cheesy
as China has done they forbidden the exchange of Bitcoin !
If my Country (germany) also will forbid a exchange of Bitcoin then all m Bitocins are lost i think XD
Lets hope that the goverments see the good thinks in the blockchain and use it also as iceland do and some other great small countrys now satrt to do !
But in the end they only can forbid a Coin and not destroy it Tongue


kind regards
full member
Activity: 202
Merit: 100
October 08, 2017, 02:51:18 AM
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.But people or country can manipulate bitcoin price to increase or decrease.
hero member
Activity: 1092
Merit: 501
October 08, 2017, 02:46:54 AM
Dont warry my friend no one can destroy the boss he falying away just need rest to go rise bitcoin the best thing u can  see ever
Indeed we all need not to worry about the bad future or disappearance of the bitcoin from the world economy forever, bitcoin has been successful in building up strong market in the world economy, people are now very much fan of bitcoin and are highly impressed by the advantages and features of the bitcoin. It is out of question at present to even think about the destruction of bitcoin.
sr. member
Activity: 384
Merit: 250
October 07, 2017, 03:07:21 PM
No one can destroy Bitcoin, Bitcoin is like a gold reserve and all transaction are in blockchain. Blockchain is unhackable even the best hackers in the world can't hack bitcoin. People should understand that. if their will be a world war bitcoin is still there.
sr. member
Activity: 602
Merit: 251
October 07, 2017, 01:30:45 PM
Agencies that can stop or fight to bring an end to bitcoin and other crypto currencies are the government, anti-fraud agencies and any other bodies that fight against crypto. These can fight, which might either end in a win or a loss. SHUTTING DOWN OF THE INTERNET  will be the only final answer to end the existence of bitcoin and crypto currencies.
member
Activity: 95
Merit: 10
October 07, 2017, 01:04:38 PM
Dont warry my friend no one can destroy the boss he falying away just need rest to go rise bitcoin the best thing u can  see ever
full member
Activity: 224
Merit: 101
October 07, 2017, 12:58:39 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
remember what happening in china?? that is just one of many kind bitcoin destroyer, The regulation, lost of interest from bitcoin user, world wide banning, no more miners(maybe) and the last is world wide internet shutdown
Pages:
Jump to: