Who can destroy Bitcoin ? - page 52.

Duogembrot

full member

Activity: 476

Merit: 100

Quote from: senne on September 18, 2017, 04:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

it seems like nobody can destroy bitcoins, including governments nor will they, world banks have little effect, even world banks have begun to glance and use bitcoin technology.

maman09

sr. member

Activity: 560

Merit: 250

difficult to destroy at the lowest level. because bitcoin is too strong to stop at this point. so many people are involved from all over the world. because that's the value of bitcoin always tends to increase despite the many restrictions and rumors that try to drop it.

SonOfNorth

full member

Activity: 195

Merit: 100

THE GAME OF CHANCE. CHANGED.

Bitcoin will die from the inside. Not anytime soon, but look at even the current in-fighting of these manchildish devs! It's just getting fragmented piece by piece, until there is nothing tangible left anymore.

hich_ang

newbie

Activity: 42

Merit: 0

I think it's impossible. Unless they figured out a way to crack private keys what is impossible at least for now.

colenax

full member

Activity: 376

Merit: 100

Bcnex - The Ultimate Blockchain Trading Platform

business people like us. if the bitcoin we ignore, automatic value will be more tilted and down. but that's hard, because bitcoin actually brings many benefits to all of us. you already know the benefits of bitcoin for us.

johnwest

hero member

Activity: 1106

Merit: 503

BabelFish - FISH Token Sale at Sovryn

Government regulations and Internet shutdowns are the only things which may destroy Bitcoin, hacker attacks or other problems will be resolved today or tomorrow but those two are hard to solve.

LuffyD.Monkey

full member

Activity: 336

Merit: 101

Quote from: pitiflin on September 20, 2017, 11:22:29 AM

Quote from: senne on September 18, 2017, 04:05:21 PM

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.

My view is that it cannot be destroyed it values varies but will never be to null so getting into such debate is not helpful nothing has power to destroy such a profitable and such a benefit giving investment/business. People believe in it and they praise it as a blessing. And those who will ban it will lag in development and progress of economy.

super5star

full member

Activity: 313

Merit: 100

Quote from: kkofor on September 24, 2017, 11:51:51 AM

USA and China trader. they have enough strength to destroy bitcoin. bank too. they have enough money to kill bitcoin

You may be right but I think otherwise. I think there is no one who can destroy such a wonderful thing. I think the way Bitcoin is making such a good reputation in the market, China and USA will look for more promotion of Bitcoin in their countries in order to help their people earn a good amount of money.

jonatuzc

hero member

Activity: 854

Merit: 501

Quote from: Dexion on September 25, 2017, 09:07:03 AM

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 it will keep moving upward. In past many of organization wanted to destroy but now they are using bitcoins.

JL421

hero member

Activity: 812

Merit: 510

No one i would say bitcoin is a non regulated decentralised currency to destroy it you can't do anything what china did is really bad bitcoin was not doing any harm to anyone still they took this move

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: Bakugan on September 26, 2017, 11:23:55 PM

Quote from: senne on September 18, 2017, 04:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

If another cryptocuurency arise and more advance than bitcoin I think it can destroy bitcoin but not that no one will use bitcoin it can be decrease the amount of people who use bitcoin if they see that there is more powerful than btc it's quite ironic that because of bitcoin it can destroy itself.

Yes, perhaps then the price for bitcoin may be affected but it won't really kill bitcoin. And until now, bitcoin can't be beaten by any coin so it is good to trust on bitcoins. there are much greater immerging coins but i don't think they will compare bitcoin because bitcoin has always been the best in class of earning good amount of profits online. Bitcoin has spent a long time in its history and that keeps bitcoin on the top. Bitcoin has been a best cryptocurrency and has been given us a good profit until now.

TagaMungkahi

full member

Activity: 364

Merit: 118

Bounty Campaign Manager? --> https://goo.gl/YRVVt3

Quote from: senne on September 18, 2017, 04:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Lost support from Bitcoin Community , Bitcoin Enthusiasts and Bitcoin Developers. Destroying Database and Servers where Blockchain resides. Possibly Massive Blockout from Internet,World war or a total control from the Government can make bitcoin return to it's zero, or possibly All People will Hold all the bitcoins will not use it or All People will sell their bitcoins, Loss of Money Flow can also possibly make bitcoin return to it's zero value.

avilsd

member

Activity: 111

Merit: 21

The lack of use, giant marketing campaigns against it, any particular figure that is well connected with tens of billions of dollars. They'd need a movement though and honestly it'd be too much time to go against it. If you can't beat em, join em

lili song

hero member

Activity: 980

Merit: 509

Quote from: UchihaRukawa on September 29, 2017, 03:53:44 AM

The only one who can destroy bitcoin and the cryotoworld is the people itself. If no one would bother taking notice of bitcoin then it won't have any value at all. But if people are just very interested and are investing more and more, then no one and nothing can stop bitcoin and the cryptoworld from growing.

When there is no demand for bitcoin for example when internet is down because of war , bitcoin become worthless
So technically bitcoin can't be destroy and can be ignore only

UchihaRukawa

full member

Activity: 364

Merit: 100

The only one who can destroy bitcoin and the cryotoworld is the people itself. If no one would bother taking notice of bitcoin then it won't have any value at all. But if people are just very interested and are investing more and more, then no one and nothing can stop bitcoin and the cryptoworld from growing.

lionheart89

full member

Activity: 350

Merit: 108

i think that can destroy bitcoin is:
1. government regulations
2. a decrease in public interest or confidence in a large scale against bitcoin.
3. hackers.
4. internet shutdown.

yunita

member

Activity: 152

Merit: 10

until now there is no scenario that is able to overthrow bitcoin, every issue that makes bitcoin destroyed price in the market continues to climb, this can happen because bitcoin users are very solid

Ewinsane

hero member

Activity: 980

Merit: 523

Quote from: Jating on September 25, 2017, 09:13:14 AM

As long as there are investors, traders and miners then bitcoin can exist and no one can destroy it. Not even China, because bitcoin has already captured popularity globally, its much more harder to destroy. Banning is different though, a certain country can temporary affect the ecosystem like China did, but it doesn't mean that they can destroy bitcoin. Look at how bitcoin recover from all the attacks recently, specially Jamie Dimon. So as long as we are here and put our trust on the system, but it can survived up to the last mine bitcoin. So personally, I have no doubt that no one can destroy it.

The question to the bitcoin destroy has only one answer that there is nothing that can destroy bitcoin in past many attempted to take it down and they are defeated by the bitcoin easily. So no one can destroy bitcoin and there are so many investors who are investing in it and still more are coming toward it so this is impossible to destroy such a powerful coin.

coinluisa

member

Activity: 626

Merit: 10

Quote from: senne on September 18, 2017, 04:05:21 PM

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Bitcoin will destroy and back to zero if no one is want to use it and if all Internet connection in worldwide are shut down. But in other hand is think it will not happen because bitcoin is part of our daily life because this is easiest way to regarding to send coins and transaction.

mostkey

sr. member

Activity: 742

Merit: 253

Quote from: william8829 on September 29, 2017, 01:08:42 AM

There is legend that the Titanic had the saying 'not even God can sink this ship' written on its hull. Although I will not go so far as that, I will say that bitcoin is very invulerable.

But everything has a weakness.

Bitcoins greatest threat would be fear. Bitcoin is very powerful but also very knew. Who knows what will be tomorrow or over the next few years Undecided

all systems do have weaknesses, but I believe that bitcoin can not be destroyed, because if we look from the side of a very global user, have been made sure that the bitcoin security system is very strong and impossible to destroy, if this happens will happen which is very burdensome in the world economy

Topic: Who can destroy Bitcoin ? - page 52. (Read 21748 times)