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
Topic: Who can destroy Bitcoin ? - page 53. (Read 21748 times)
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
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
Are there any indications of bitcoins value depreciating and being a waste in the end?
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
When all countries forbid the use of Bitcoin then Bitcoin will not be worth it.so I think that can destroy Bitcoin is the Government.
The Technology without any doubt. A technological advance that isnt in your favor could dethrone or the most pessimistic case disintegrate the btc in a single click. attacking like this against the security and the trust that user deposits in Bitcoin.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I always thought since there is no laws or limitation some Multi billionare could just buy all the bitcoin for sale and hold over 50% of all bitcoin and make the demand rise and then just unload Bitcoin and cause a bubble to burst, but if you think of it that would be a very difficult operation to run. He would definitely need to hire some people to purchase bitcoin day in and day out from companies and from actual people. It would probably take years to own over 50% of Bitcoin, if that amount is even up for sale or to be up for sale now. Then selling it would be even more difficult and couldn't be done quickly enough to rupture the economy of bitcoin. This is just one idea although probably impossible there are other factors that could cause bitcoin to lose most of its value. Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Just dropping bitcoin names is people who are rich or alive. Because they think bitcoin is so stealthy, especially the government is thinking of it. But hopefully they will analyze how well it starts or what or how bitcoin helps each Filipino citizen. Just for example, china, they say that they say bitcoin, many are opposed to their intentions because many of our worlds need bitcoin and its ability to lift us to the life we stand today. bitcoin will be demand across the corner of the globe and will be trusted by every person
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Governments or any strong crypto
yes it is, look at what happened on china, they banned bitcoin because they think crowdfunding is illegal in their country. no little person was able to counter the decision of their government, even they have a lot of bitcoin holdings. they cant do anything about it.
being inherently limited by nature
this sucker is here to stay - why?
the more mining prices go up
the more bitcoin values soar
it takes so much electric power to generate one single bitcoin that it is, in and of itself, limited.
hence its value stable if not skyrocketing
just take a look at what gold has done over the past 5000 years
same will happen for bitcoin
because unlike fiat money, cryptos are actually backed up - unlike fiat money that gets printed without any gold backing.
this sucker is here to stay - why?
the more mining prices go up
the more bitcoin values soar
it takes so much electric power to generate one single bitcoin that it is, in and of itself, limited.
hence its value stable if not skyrocketing
just take a look at what gold has done over the past 5000 years
same will happen for bitcoin
because unlike fiat money, cryptos are actually backed up - unlike fiat money that gets printed without any gold backing.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
No one can really destroy bitcoin but if there you are going to ask if bitcoin can be removed then yes it is, Governments have the power to disable the circulation of the bitcoins in their country but i hope that they wont come because bitcoin is already one of my sounce of income.
The only thing that cen destroy the bitcoin is the people imagine if all the holders of the bitcoin sell their coin that is the one that is going to destroy the market because the bitcoin is only depends on it's investor but I think that is not going to happen so I think bitcoin will stay forever as long as the internet is present in our society.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
There is no person, organization or even government can destroy the bitcoin. The bitcoin is very strong.Bitcoin is developing strongly and popular in the world. Therefore, bitcoin is very difficult to kill. I think the only way to destroy bitcoin is to permanently disconnect the internet globally.
And it is not going to happen because if it will happen then it will also stop the businesses of many people and it will numb the world economy and many people will lose their income. So for their success these people will try their best to continue the internet. and so bitcoin will be there forever. 
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Well Media can hurt the price of bitcoin and even popular person who throw bad comments about bitcoin, but literally bitcoin will never become zero again in terms of value, because i know a lot of people are believing on bitcoin and no one can dictate them what to do. They can drag down the price of bitcoin but they can't destroy bitcoin, never.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Well Media can hurt the price of bitcoin and even popular person who throw bad comments about bitcoin, but literally bitcoin will never become zero again in terms of value, because i know a lot of people are believing on bitcoin and no one can dictate them what to do. They can drag down the price of bitcoin but they can't destroy bitcoin, never.
Some major sources of news can really affect the price for bitcoin if some fake news are been published. Similar drop we saw recently from the news about china banning bitcoin exchanges but yes, bitcoin is back on its way and it proves that bitcoin is unstoppable now.
If you are referring in the question "who" then i think the only one that can destroy the bitcoin is the one who made it because he knows the algorithm used in creating bitcoin and maybe he will know how to destroy that process and make it drops until it reaches to zero.
Bitcoin is developing strongly and popular in the world. Therefore, bitcoin is very difficult to kill. I think the only way to destroy bitcoin is to permanently disconnect the internet globally.
Hackers attacks of privte key or bitcoin system
internet shutdown
War III
new coin better than bitcoin
internet shutdown
War III
new coin better than bitcoin
If the Ethereum is more successful in the future, it can destroy bitcoin.
As of now,no one can beat bitcoin. The better the situation this time,the chances are more interesting in the eyes of investors. Ethereum somehow may destroy bitcoin but bitcoin balances the the system. Without bitcoin,ethereum won't exist. The two must cooperate for both are promising in the crypto currency world and also for the business minded people that are trusting their names. Big outcomes are waiting for bitcoin and ethereum in industries. So in the future it will make the economy grow and develop well. 
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
There is no person, organization or even government can destroy the bitcoin. The bitcoin is very strong.
Only government can stop bitcoin as long as it is legal we can use it freely without a doubt but if the government make their decision or announce that bitcoin are no longer can use to buy things or illegal it will ruined not only the value but the bitcoin itself..
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