Topic: Who can destroy Bitcoin ? - page 5. (Read 21774 times)
it is governed or being mediated by ots own and unique crypto codes that is part of the whole blockchainz Thus, one can not be dup since it has its own security feature. since it is digital, i woild beleieve that its nemesis or “cryptonite” is digital thing or disaster as well. We do not hope for this but we wish to prevent something happened like the omes in Mt. Gox or worse than that. Thus with the eye of bigger corps and group pf people being involved with btc or cryptos make the stakes bigger. It would be case to case basis or may vary that may differ depends on your loc.
I think the possibilities of bitcoin of being destroyed is low. Having said that still I can say that bitcoin itself can destroy its own, also the hackers can destroy bitcoin for example exposing all the private keys on your personal wallets, government can also void the bitcoin flowing in their economy and lastly maybe the local banks if they unite together but I hope bitcoin will not br destroyed.
Until now no one can beat bitcoin, only ETH has the potential to beat bitcoin, but for now ETH can not beat it.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
No one can destroy and defeated bitcoin.I know it has a strong value daily its price has a good development in the market ,and a lot of people is interested in bitcoin now.
its hard to destroy it because many experts already said that
A very skilled hackers hacking almost all accounts in bitcoin. The president that will command to stop bitcoin. Well, bitcoin is famous and i think it will not go down easily.
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.
Bitcoin and its momentum in the world is unstoppable, I don’t foresee anything destroying it in the near future.
How about this:
While the authorities are developing rules for the exchange of the national currency inside the country (South Korea), the Prime Minister of South Korea is sounding the alarm about the detrimental impact of the crypto currency on the youth.
While the authorities are developing rules for the exchange of the national currency inside the country (South Korea), the Prime Minister of South Korea is sounding the alarm about the detrimental impact of the crypto currency on the youth.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I guess the world's greatest hackers. If bitcoin was to be infiltrated by people who are really excellent in terms of computer and programming skills, then bitcoin's system might get messed up, thereby ruining bitcoin's credibility. People will no longer trust bitcoin as their number one crypto currency, thus making bitcoin worthless. Still, there's still no great programmers that can do that as of now.
No one can beat Bitcoin. It already reached at more than 10K. More people get interested in Bitcoin. Many countries were also plan to legalized Bitcoin.
The government can create circumstances where bitcoin becomes difficult to operate which may lead to bitcoin's demise. For example government can ban the use of bitcoin in their country, punish those who uses bitcoin in their transactions like imposing additional taxes and regulations or ultimately making the use of bitcoin a crime.
The only real threat is if Bitcoin/blockchain can be hacked. Government Regulations and bans can't stop it but it may slow the growth. IF China can't stop it, no one can. Quantum Computing may also be a threat, but that is years away.
Bitcoin can destroy
Because Bitcoin some people use bad things. Bitcoin has not been legalized in many countries yet. But I want it to be quick legal
Because Bitcoin some people use bad things. Bitcoin has not been legalized in many countries yet. But I want it to be quick legal
It depends on the person who use it, we have different choices in life, so if a certain person use it on bad things, like buying drugs for example, then it is his choice, it is his life which he lives for. But most of the people here in the cryptocurrency world, using it on investment and saving it could make people rich and successful.
Bitcoin is getting stronger while it lasts which can be seen in its price now. However, there are factors which I think Bitcoin will be destroy. First, when the power/internet was turned off because we all know that Bitcoin is dependent on the internet. If that happened and when the internet connection come back again, the value might reset back to zero. Second, the government. They might ban Bitcoin when they feel it as a threat to their economy. Third, when a person or group of people hacked accounts especially those users with a huge earnings. Lastly, if there's a new coin with the potential to be popular to many users.
Agreed, the internet is the most important aspect of the possible destruction of Bitcoin. Governments might be able to try to destroy Bitcoin but if people have access to the web, they will fail. Hackers are a problem for everyone in the world.
Bitcoin is getting stronger while it lasts which can be seen in its price now. However, there are factors which I think Bitcoin will be destroy. First, when the power/internet was turned off because we all know that Bitcoin is dependent on the internet. If that happened and when the internet connection come back again, the value might reset back to zero. Second, the government. They might ban Bitcoin when they feel it as a threat to their economy. Third, when a person or group of people hacked accounts especially those users with a huge earnings. Lastly, if there's a new coin with the potential to be popular to many users.
bitcoin is growing strongly. i think it will destroyed if there is no transaction in bitcoin and probably if there is someone who is very genius to hack BTC program maybe it be distroy.
In my opinion, we will decide how the bitcoin will be
Bitcoin destruction is impossible and very difficult, because the security and protection classes of bitcoin are both a team
Bitcoin destruction is impossible and very difficult, because the security and protection classes of bitcoin are both a team
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
governments and banks in the world who can stop bitcoin by issuing regulations, regulations and restrictions with in the presence of evidence that can corner bitcoin
Bitcoin is growing very powerfully. It's a most successful site in whole world. And nobody can destroy it.
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