Topic: Who can destroy Bitcoin ? - page 50. (Read 21748 times)
If Bitcoin someone and can destroy Bitcoin, then this is China. Although honestly, depending on how fast it grows, and the fact that China is not the only superpower in the world, I can say that Bitcoin's collapse will not happen.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
nothing can destroy the bitcoin, other than our own who ignore it.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
In my own opinion, the only people who can only destroy bitcoin is the government because they are the one who gives orders and the one who makes the rules or the law which we need to follow. Thats why they can destroy bitcoin for a long term.
This is old question, and there are older threads that have same question in headline. I'm not surprised that this question is still have a lot of attention from people, some of you are new here and you wish to know what can destroy bitcoin.
There are many theories what can destroy bitcoin and from all of them I liked just one and that is new technology. Today blockchain represents innovation, but technology made more progress in past 20 years then in 100 before, and what can we expect to happen in 20 years from now? If something new appear that can move bitcoins on second place. What am I talking about is visible, do you know what is mining rig and did you ever saw one? Who knew about thisbthinfs 5 years ago? What will they invent in next 50 years? Think about this.
Bitcoin Is independent of all the regions and all the threats there is nothing that can destroy bitcoin so stay calm and invest as much as you can that will bring fruit in the near future and you will be among those who are the profit scorer. An in past many people want to take down bitcoin but bitcoin is still up. And it will keep moving upward. There are many theories what can destroy bitcoin and from all of them I liked just one and that is new technology. Today blockchain represents innovation, but technology made more progress in past 20 years then in 100 before, and what can we expect to happen in 20 years from now? If something new appear that can move bitcoins on second place. What am I talking about is visible, do you know what is mining rig and did you ever saw one? Who knew about thisbthinfs 5 years ago? What will they invent in next 50 years? Think about this.
I believe no one can destroy the Bitcoin, even Bill Gates said that "Bitcoin is unstoppable", coming from the one of the most wealthiest, powerful and influential person in the world. Bitcoin is decentralized, so not even the government has the power to stop nor destroy Bitcoin.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
in my opinion, that can destroy bitcoin is government and state. if the government and the whole country make bitcoin illegal, then bitcoin will be constrained by a drastic price reduction. but vice versa if btc is legalized the price soared sharply upwards.
For me bitcoin can be destroy buy other coins, government, and company that will not accept bitcoin. But for now, bitcoin is growing and more people are discovering, believing, accepting and learning how to use, gain and earn bitcoin. But I think if the bitcoin reaches the limit stacks it will be destroyed by itself.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Not even governments, tbh. They can try banning it but it won't work, gambling is banned in the US, and most of gamblers belong to the US, hell drugs and porn is also banned in so many countries, but did people stop doing such things, no. And bitcoin is nothing when compared to these. I think that can destroy bitcoin is a person who participates to bitcoin itself ,, just as bitcoin will be destroyed if bitcoin users use it to do evil, then the world will see that bitcoin is bad in the eyes of the world, then also the mining beyond the boundary can lower the value of bitcoin currency ,,
and there are many other things that can destroy bitcoin ,,
and hopefully we do not include people who damage bitcoin ,,
There is nothing that can destroy bitcoin so stay calm and invest as much as you can that will bring fruit in the near future and you will be among those who are the profit scorer. An in past many people want to take down bitcoin but bitcoin is still up. and there are many other things that can destroy bitcoin ,,
and hopefully we do not include people who damage bitcoin ,,
And it will keep moving upward. In past many of organization wanted to destroy but now they are using bitcoins.
I do not know for sure who will destroy the btc, unless there is a fellowship of big countries to devastate it, it might have a big impact. but in fact major countries are still using btc and there is no strong prohibition evenly in each country.
I think, the one who can destroy the Bitcoin is the people. Bitcoin is made by the people, for the people. And for that purpose, government cannot touch the Bitcoin system and control it. So, if the people stop using Bitcoin what will happen ? Or, if the people mine the Bitcoin until the last drop, what will happen ? Yes, people can destroy Bitcoin, but also can repair it. The future of technology is in the hand of the people.
I do not know for sure who will destroy the btc, unless there is a fellowship of big countries to devastate it, it might have a big impact. but in fact major countries are still using btc and there is no strong prohibition evenly in each country.
The only thing that can destroy bitcoin is the government. If the governments will have agreement to each other that they are going to ban bitcoin then the people will have no choice but to obey to the order of the government and they will just ban it and that will become the reason or cause for bitcoin to get destroy.
I think no one can destroy bitcoin, because its decentralized and the governments haven't control about it. However the price is volatile and could going down sometimes
The only thing that can destroy bitcoin is the people itself, if the people stop using bitcoin itself then that would be the end of bitcoin but it is unlikely to happen because people shows how they trust and support bitcoin. If they dont bitcoin would never survive the hardforks, china ICO's ban, bubble, new ivestors and government regulations. All of these has been surpassed by bitcoin and no altcoin has ever dobe this in the history of crypto currency except bitcoin.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
With the rapid development of bitcoin today, many people are happy, but there are also people who feel that it is a threat for them, therefore it is possible they are trying to stop and even destroy bitcoin, but I am sure even though they are trying to doing that, bitcoin is currently very difficult to stop because the bitcoin power is determined by "People power" so they will face us all if they want to destroy bitcoin.
Since I start a member of bitcoin and many post I read in forum I know no one can beat bitcoin or destroy it possible to up in the future. The creature of bitcoin is so powerful no one defeat this org.
who can destroy bitcoin is the bitcoin holder itself, even if bitcoin is not going to use bitcoin anymore then by itself bitcoin will be destroyed.
It's not destroying, it's just dumping of bitcoins. But saying about destroying bitcoin, only if all of us starts to dump this coin altogether then it's the destruction time of bitcoin.
I don't think bitcoin can be destroyed its beyond anybody's control
Blockchain network of bitcoin is now running without no one controls it. And no one will be able to destroy this coin, it's powerful you know.
No single entity can bring down bitcoin and I think anything that does bring down bitcoin will cause much bigger problems then to worry about bitcoins.
Destroying bitcoin will be like destroying the internet and peoples freedom. It just won't happen. People will never stand for it.
Anyway what will be gained for destroying bitcoin ?
Destroying bitcoin will be like destroying the internet and peoples freedom. It just won't happen. People will never stand for it.
Anyway what will be gained for destroying bitcoin ?
who can destroy bitcoin is the bitcoin holder itself, even if bitcoin is not going to use bitcoin anymore then by itself bitcoin will be destroyed.
I don't think bitcoin can be destroyed its beyond anybody's control
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