Who can destroy Bitcoin ? - page 58.

Pettuh4

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Quote from: Lanatsa on September 24, 2017, 02:39:51 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.

Market value goes to Zero?Then its possible if all bitcoin users would decide to dump all of their BTC. When we talk on destroying it literally then its not possible know that bitcoin cant be destroyed physically since its a digital currency and also bitcoin would be useless if earth hits a great EMP that would affect internet then for sure it would kill all coins not only on bitcoin since theres no connection which is needed on making transactions or network connections but if we do talk on near reality then as i say bitcoin would lose its value when its users decide to dump it.

NO individual can single handedly destro Bitcoin. It will take a collective decision by we the users of Bitcoin to completely abandon Bitcoin before it can trigger its destruction or unless internet ceases to exit.

Lanatsa

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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.

Market value goes to Zero?Then its possible if all bitcoin users would decide to dump all of their BTC. When we talk on destroying it literally then its not possible know that bitcoin cant be destroyed physically since its a digital currency and also bitcoin would be useless if earth hits a great EMP that would affect internet then for sure it would kill all coins not only on bitcoin since theres no connection which is needed on making transactions or network connections but if we do talk on near reality then as i say bitcoin would lose its value when its users decide to dump it.

jal007

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Only god.

Yakamoto

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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

I would say that only the whales in China have enough power to REALLY crash Bitcoin, and their trading would have to have a ripple effect for it to be anything of note in the West. Bitcoin was trading down in the 2k for a while there, I don't think that they even have that much power when it comes to western markets in general. If there's a $1k spread between most US and Chinese exchanges, that likely speaks to either a large disconnect between the markets or a general lack of impact for news like that we had from China.

Ariess

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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.

nothing can destroy the bitcoin at the moment. yes for now. I dont know for 30 years to come.

but for now bitcoin is king of crypto. and the symbol of the golden empire. bitcoin has transformed into a breakthrough and innovation for those involved.

kevinzxz

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which can destroy bitcoin is the government, if the entire government blocks all bitcoin transactions, then that's where bitcoin will be destroyed and die, and I'm sure if the government blocks bitcoin, no more bitcoin in crypto and bitcoin just memories Grin

Dwey

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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.

SATOSHI or the world will unite in just one decision .. STOP BITCOIN AND BANNED THEM

_noname_

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Bitcoin can destroy the governments of countries!

MOTHIT

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This question is not to be raised. Bitcoin so far so good in performance and nothing is gone fake in it and lot of people started to believe and experience the convenience of using Bitcoin.

Only facter Bitcoin destroy is If there is no Internet in this world this reason will end Bitcoin.

mkhadazz

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Quote from: Reez on September 24, 2017, 12:42:17 PM

Nobody can destroy Bitcoin as it is a decentralized network of computers that can not be shut down as it does not have one central point of failure. It is also open source so people are making it better everyday.

So true. Bitcoin cannt be destroyed because it isn't centered on one party or group. Bitcoin from us to us. Progress will continue to occur with bitcoin as bitcoin user increases.

Reez

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Nobody can destroy Bitcoin as it is a decentralized network of computers that can not be shut down as it does not have one central point of failure. It is also open source so people are making it better everyday.

lighpulsar07

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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.

well, i think bitcoin the only way to destroy bitcoin is make the governments of the world ban bitcoin why? only the governments always have the power of authority to ban or unban something. and if the governments ban bitcoin investors will sell all the coins they have and that's it bitcoin is now dead. without the investors bitcoin is dead.

iv4n

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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.

hridoyb

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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 never destroy one country .Now bitcoin is most popular crypto currency coin in the world.BItcoin rise again its now 3710$+.and its hit 4010$+ when chin try to ban .So never worried about bitcoin.

coinholic

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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 today has established a solid ground in the crypto world. Attempting to destroy it would actually be a waste of time. At this rate, Bitcoin will get stronger and continue on gaining its high values. Many has speculated and predicted that Bitcoin is not even close to its full potential. So try destroying Bitcoin, I’d say not today.. Wink

naira

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destroying bitcoin prices or destroying the good name of bitcoin?
To drop the bitcoin price and destroy it, whales have a lot of bitcoin, they can throw it at will.
But if to destroy the good name of bitcoin, that is people who commit crime by using bitcoin

kkofor

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

danherbias07

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A popular person who will make a lot of ruckus and bitcoin users be affected.
Conclusion is we are the one who will destroy it. The holders the users and all who have satoshis or bitcoin in their wallets.
Just imagine if no one is holding it anymore and every bitcoin is out in the market. There will be no value anymore and what sense of having it if is almost dust that you are carrying.

lalunalaguna

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Quote from: YED on September 18, 2017, 05:03:48 PM

be sure nothing can destory Bitcoin Grin

I dont think so, but the only one who can destroy bitcoin is bitcoin itself in which if this isnt functioning well, or the amount depreciate in its lowest peak , failed transactions, scam signature campaigns it will definitely be gone, who will gonna be interested in investing here? I think so.Some speculation may come that bitcoin will be gone if there is possible other crypto-currency who will sprout in the next few years and run Above bitcoin and where in users could be more profitable.

Pab

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War between devs can disturb bitcoin growth,finally will come time whan all 21mln cons will be mined.How many idea will be,how many btc will be created

Topic: Who can destroy Bitcoin ? - page 58. (Read 21748 times)