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Topic: Who can destroy Bitcoin ? - page 7. (Read 21748 times)

sr. member
Activity: 1708
Merit: 299
November 28, 2017, 06:21:06 AM
Someday, maybe, will be created new crypto with simply new mechanics.
For now there are only few alts, like eth, that can compete with bitcoin in future
You must be kidding about eth beating bitcoin somewhere in the future. This is possible but only in dreams. Bitcoin is not only the strongest digital currency but also the strongest currency among all world currencies and there is no other currency which has amazing features like bitcoin. Bitcoin has also successfully beaten famous investments such as gold and real estate. The future of bitcoin is very secure.
sr. member
Activity: 552
Merit: 250
November 27, 2017, 05:24:56 PM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Bitcoin is one of the highest value of all cryptocurrency and lead so that do we think that bitcoin can stop or can destroy i dont think that who can distroy bitcoin. Right now bitcoin was a powerful cryptocurrency even the government cannot destroy and stop bitcoin and we many of users are here and many investor are here in bitcoin so that no one can stop, destoy bitcoin.
legendary
Activity: 1596
Merit: 1034
November 27, 2017, 05:23:06 PM
if people would stop using it then it will no longer have value
When people stop using it, the existence of Bitcoin will be gone and will be totally destroyed. Also, if the higher officials for our country ban it, we can't do something because they are more powerful than us. Aside from that, the who have an eager to own it, it will be destroyed.
So that the second factor you mentioned above does not occur, it is our duty as users to maintain bitcoin by not doing things that act like a crime by using bitcoin as the use of the crime, since it is the beginning of the destruction of bitcoin even though one country that blocks bitcoin access has little effect on the bitcoin market, but that is very detrimental to users in the country.
full member
Activity: 421
Merit: 105
November 27, 2017, 05:17:14 PM
if people would stop using it then it will no longer have value
When people stop using it, the existence of Bitcoin will be gone and will be totally destroyed. Also, if the higher officials for our country ban it, we can't do something because they are more powerful than us. Aside from that, the who have an eager to own it, it will be destroyed.
full member
Activity: 216
Merit: 105
November 27, 2017, 05:06:55 PM
Quantum processing will definitely destroy bitcoin and cryptocurrency.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 27, 2017, 04:51:35 PM
Well, I think if hackers will hack bitcoin and they will steal all money, but for 9 years working I haven`t heared something similar. There is another option if all investors will withdraw their money, then bitcoin at least will fall to the bottom. Also if countries which have recognized bitcoin legal will start blocking bitcoin, then this option is also possible.
If hackers could do that they would have done that already, but think about it if people knew bitcoin was insecure people will stop using bitcoin so their attempts to earn money by hacking will backfire on them, since no one will accept a coin like that any longer.
member
Activity: 308
Merit: 10
November 27, 2017, 01:07:35 PM
Who can destroy bitcon
In my opinion, we are using bitcoin. That is our belief in bitcoin, which is a valuable belief for us Tongue Tongue Tongue
member
Activity: 70
Merit: 10
November 27, 2017, 10:55:28 AM
IOTA
member
Activity: 1204
Merit: 38
November 27, 2017, 10:53:43 AM
Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin.

we are using bitcoin because its value is very high. If no one use bitcoin it automatically not valuable.
newbie
Activity: 28
Merit: 0
November 27, 2017, 10:48:51 AM
Nobody.
sr. member
Activity: 779
Merit: 255
November 27, 2017, 09:33:54 AM
hmmm... who can destroy bitcoin? probably the devs, the miners, and some genius out there who can render bitcoin's programming language obsolete, i think, can destroy bitcoin. but if the devs are diligent enough to prevent that from happening with updates and improvements to bitcoin then perhaps, it'll never happen -- right? I'm just guessing. Anyway, the miners will have their part too. If they -- all of a sudden, abandon bitcoin for some other asset more profitable for them, that can could spell danger too.... still i'm just guessing and praying that it will never get to that.

member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
November 27, 2017, 09:22:02 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Jist like any other product,the only one who can destroy bitcoin are the people involved on it. If no one will use bitcoin,its value will defintely drop. This scenario is impossible in my opinion. Bitcoin users grows everyday and I haven't heard anyone started using bitcoin and ended not using it. Bitcoin has its own charisma where in peole keeps coming back.
member
Activity: 299
Merit: 10
November 27, 2017, 09:17:40 AM
Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin.
full member
Activity: 434
Merit: 100
November 27, 2017, 09:13:40 AM
I think nothing. Btc or crypto money grow every day. Everyone start to learn about crypto money and They don't just learn at the same time You start to use ıt because they see that they gain money thanks to bitcoin .
member
Activity: 84
Merit: 10
November 26, 2017, 08:13:48 AM
if all governments united to ban bitcoin then it will destroy. bitcoin will be not easy to destroy because if you want to destroy bitcoin you have to shut off the internet
hero member
Activity: 597
Merit: 504
November 26, 2017, 08:08:54 AM
Quantum Computers will destroy Bitcoin.

They already exist and are exponentially growing in QBITS after they reach a certain number of QBITS they will destroy Bitcoin's encryption.

QRL is the next gen crypto ready for this.
newbie
Activity: 32
Merit: 0
November 26, 2017, 08:08:21 AM
if people would stop using it then it will no longer have value
hero member
Activity: 812
Merit: 1000
November 26, 2017, 07:57:52 AM
I don't think that bitcoin can be destroyed...unless people will lose interest and stop buying it, as they say above...and then in time it will be forgotten...but it's more like a fantasy...how can you stop buying it?)
member
Activity: 122
Merit: 23
November 26, 2017, 03:31:56 AM
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

It is simply the users itself! It is like a business in the market, It is useless and you can't reach your goal if there is no one buying it. Customers is very important so in Crypto world also. We are the reason why Bitcoin is still on the line today so we can request for our suggestions also for us to become intact.
sr. member
Activity: 686
Merit: 282
November 26, 2017, 03:06:46 AM
One law and BTC goes to the underworld, if there is no stock market will trade on a larger scale, and the stock market is enough to cut off the bank accounts.
But do not count on it, since such BitDamp even has a PSD license means that the financier accepts it, they just have to come up with a way to control / monitor BTC users, but that is already happening, and they will do it by law.
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