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senyorito123
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April 05, 2016, 02:12:50 PM |
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All i can say if all holders do massive selling will affect the price and it will gonna die if investors are in panic selling And if the wallet provider is being hack or bankrupt it may also 1 factors that bitcoin might dead.
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rizkyhiw
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Activity: 1484
Merit: 1004
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April 05, 2016, 02:15:19 PM |
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In the words of the immortal jimbobway, only the users and the devs of Bitcoin can kill it. The devs seem to be trying real hard to kill it. Let's wait and see if they're successful.
agree with that,i'm also thought that the only way to kill bitcoin is killed by developer,investor and user of bitcoin,they can do anything to bitcoin,even control the price. imagine if they have a plan to dump bitcoin until the price lower than etherum,maybe people will more likely adopt Etherum. |
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n0ne
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April 05, 2016, 03:37:15 PM |
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I believe the long term issue going on with the bitcoin core and classic is one of the major factor which is killing in terms of growth.
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vasrasus
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April 13, 2016, 06:00:21 PM |
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I believe the long term issue going on with the bitcoin core and classic is one of the major factor which is killing in terms of growth.
If the Core implement the 2MB block size rise in the next few months, the bitcoin will not be killed. |
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quadriple7
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April 13, 2016, 06:52:11 PM |
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I think bitcoin is fine as it is, as long as we find a solution to this blocksize cap soon. Because something needs do be done about it.
It's also the arrogance and stubbornness of bitcoin miners, thinking only of themselves (although that is what you would expect from a decentralised system)
We need to find the perfect balance of democracy and decentralization.
i don't think that anything kills bitcoins, only bitcoin users, with all these buying/selling, panic creating, it sometimes makes price to fall down to 350$ or lover as we know maybe scammers kills bitcoin too as people leaves bitcoin and sells it, but i don't think that there are many scammers so that's not a big threat to bitcoin |
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Zer0Sum
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Activity: 1588
Merit: 1000
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April 13, 2016, 07:51:13 PM |
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Skimmed the whole thread...
It's as if people here do not realize that 90% of Western economy is regulated, tax paying corporations, LLCs, etc.
No serious business is going to convert to a Gen 1.0, shady, anon developed cryptocurrency controlled by Chinese miners.
Gen 2.0 platforms like NXT, etc failed for the same reason.
But built-from-scratch Gen 3.0 networks like ETH are, in fact, being adopted by a plethora of major companies.
Bitcoin's problem is the whole "lipstick on a pig" syndrome...
Bolting complex shit onto a Gen 1.0 coin is a waste of time.
And "network effect" applies to Devs (not mythical consumers/hipsters)...
In mid-2016 there are probably more elite Devs working on Alts or Gen 3.0 than BTC.
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peta4e
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April 13, 2016, 07:56:13 PM |
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Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.
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Oscoda
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April 13, 2016, 09:33:15 PM |
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Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.
This fluctuation is a very bad thing. But in the end it is the community killing it self. So many scams, so many newcomers gone. In the beginning i thought it was a bank cartel trying to hurt bitcoin, but these days it seems to me it is the community. |
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MTBTT
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April 13, 2016, 10:38:17 PM |
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Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.
fluctuations occur because the user is still very small so the price movement can be set or manipulation. I agree with you maybe for now the biggest risk that fluctuations |
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richardsNY
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April 13, 2016, 11:05:10 PM |
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Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.
Volatility makes Bitcoin very interesting for investors and others as it allows them to make profit whilst trading and it will also help bring in fresh money. What is bad for one person, is a good thing for the other. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 13, 2016, 11:14:56 PM |
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Always bitcoin being "killed" by someone. But how? You never see a plausible method.  there's only 1 way to kill bitcoin outperform it and steal all the users. |
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btccashacc
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Activity: 1120
Merit: 1000
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April 13, 2016, 11:16:54 PM |
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when altcoin is better than bitcoin, bitcoin will be killed by the other altcoins which has great features and faster than bitcoin, we can see so many altcoin out there trying to compete with bitcoin, but i trully believe that only small of them will be survive
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Akupuniard
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April 13, 2016, 11:26:51 PM |
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Community is really killing bitcoin, everybody wants to use it and become rich but nobody cares about bitcoin, making it popular for example
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The Sceptical Chymist
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Activity: 3346
Merit: 6863
Top Crypto Casino
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April 13, 2016, 11:29:22 PM |
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What's killing bitcoin?
Give me a good reason why I should go out of my way to buy bitcoin to use as a currency. I have yet to hear a good answer to that one. I do like it as a store of value and to gamble with, but it absolutely sucks as a currency (except on dark markets, I've heard). But everything I want to buy I can more conveniently and more safely buy using fiat.
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gentlemand
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Welt Am Draht
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April 13, 2016, 11:45:41 PM |
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A pertinent question is what equals life and what equals death?
Is death continuing as a niche that serves enthusiasts and dark market type stuff and it staying that way forever? It could well do. I wouldn't call that death but it is missing out on a planet load of potential.
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uname
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April 13, 2016, 11:57:41 PM |
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Price fluctuations is killing bitcoin as price is the most important factor when it comes to bitcoin and if price falls then I think people hesitate in investing their money into it.
Volatility makes Bitcoin very interesting for investors and others as it allows them to make profit whilst trading and it will also help bring in fresh money. What is bad for one person, is a good thing for the other. I think the fluctuation has advantages and disadvantages and certainly no one who likes fluctuations as investors and traders. but if you ask ordinary people like me. of course i will prefer to stable price |
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avikz
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Merit: 1500
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April 14, 2016, 04:14:46 AM |
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I think bitcoin is fine as it is, as long as we find a solution to this blocksize cap soon. Because something needs do be done about it.
It's also the arrogance and stubbornness of bitcoin miners, thinking only of themselves (although that is what you would expect from a decentralised system)
We need to find the perfect balance of democracy and decentralization.
Apart for the technical nitty-gritties, I can say, the presence of around 650 altcoins is definitely killing the bitcoin. Even though the bitcoin is having the highest market cap, but the total investment, which should have been flowed in to the bitcoin market, is getting divided in to 600 odd altcoins. This way the total market cap is decreasing and the price increasing is not happening as envisaged. |
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jak1
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April 14, 2016, 04:29:39 AM |
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I believe the long term issue going on with the bitcoin core and classic is one of the major factor which is killing in terms of growth.
There is no issue with the bitcoins that can never be solved. Small issues are with everything and they tend to get solved. So if u think bitcoin core and classic is one of the major factor which is killing in terms of growth, you are probably wrong. |
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pinkslink
Member
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Activity: 75
Merit: 10
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April 14, 2016, 04:33:56 AM |
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I think bitcoin is fine as it is, as long as we find a solution to this blocksize cap soon. Because something needs do be done about it.
It's also the arrogance and stubbornness of bitcoin miners, thinking only of themselves (although that is what you would expect from a decentralised system)
We need to find the perfect balance of democracy and decentralization.
money laundering is the obvious thing that gonna kill bitcoin, If bitcoin have been used for money laudering much more, maybe some country will do something do you mean more countries and politicians will start using bitcoin more, once they realize they can use it to launder money or hide money panama papers may be good news for BTC |
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