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Author Topic: Bitcoin IS basically DESTROYED  (Read 47186 times)
calkob
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September 28, 2016, 09:00:55 PM
 #541

the day the coin limit is removed is the day that bitcoin is destroyed and that is a fact but that will never happen what would be the incentive, it would more than half the price over night maybe even more.
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September 28, 2016, 09:42:46 PM
 #542

these threads pop up way too much around here. bitcoin isnt going to die anytime soon. the amount of investment into bitcoin is far too great for it to die so suddenly.
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September 28, 2016, 10:45:40 PM
 #543

Nakamoto has made the bitcoin to have a limited supply, if for some reason those core just ignore those and remove the limit, halving wont make any sense anymore, a solution must be found till 2100 without affect bitcoin, otherwise it will die and some other altcoin will pick its place.
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September 28, 2016, 10:46:32 PM
 #544

these threads pop up way too much around here. bitcoin isnt going to die anytime soon. the amount of investment into bitcoin is far too great for it to die so suddenly.
you are right, it is funny how people think that it is actually dead while it is getting only bigger

 
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September 29, 2016, 06:35:29 AM
 #545

these threads pop up way too much around here. bitcoin isnt going to die anytime soon. the amount of investment into bitcoin is far too great for it to die so suddenly.
you are right, it is funny how people think that it is actually dead while it is getting only bigger

Those people who thinks that bitcoin is dead are the haters of bitcoin because they can't accept the fact that bitcoin is fast growing type of crypto currency. So instead of supporting bitcoins what they are doing is keep on destroying the reputation of bitcoin and keep informing the people that it is already destroyed, spreading wrong news.

May I know whos this haters you are talking about? I can't see some reasons why people hate bitcoin to the point they will destroy the reputation the bitcoin. Bitcoin reputation can't be taken down easily. If it's just average person who keeps talking non sense about bitcoin then it may not affect much bitcoin even at less percentage.

Also even people will spread wrong news, it's up to listeners if they will believe.

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September 30, 2016, 02:00:16 PM
 #546

Really?/ Why people said that? Do china even destroy bitcoin? No! It couldn't be. We saw bitcoin that has potential to grow more than that we think. Bitcoin will long last until 100 years.
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October 10, 2016, 05:12:12 PM
 #547

Really?/ Why people said that? Do china even destroy bitcoin? No! It couldn't be. We saw bitcoin that has potential to grow more than that we think. Bitcoin will long last until 100 years.

The Chinese have more interest in protecting the bitcoin. They are biggest miners in the world. Mining has made them lots of profits.

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October 10, 2016, 09:35:34 PM
 #548

That could be the case, but right now a bitcoin is still worth $600. I will still invest in it but we all know that it is a risky investment and shouldn't put all of out money into it.

 
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October 10, 2016, 10:33:23 PM
 #549

Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.

The entire ecosystem is headed for a clusterfuck.

I honestly believe this is the truth.  What is there to add ?

~CfA~


UPDATE: https://bitcointalk.org/index.php?topic=1465136.msg14789764#msg14789764
No.Whoever say and believe bitcoin is destroyed is living under false fear and illusion.Even if mining is mostly controlled by china,bitcoin is still alive and kicking

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October 10, 2016, 11:47:49 PM
 #550

Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.

The entire ecosystem is headed for a clusterfuck.

I honestly believe this is the truth.  What is there to add ?

~CfA~


UPDATE: https://bitcointalk.org/index.php?topic=1465136.msg14789764#msg14789764
No.Whoever say and believe bitcoin is destroyed is living under false fear and illusion.Even if mining is mostly controlled by china,bitcoin is still alive and kicking

How long this China empire will reign?
I'm sure in the future someone will break this and well, always will have someone "controlling" the mining...

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October 11, 2016, 12:15:36 AM
 #551

Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.

The entire ecosystem is headed for a clusterfuck.

I honestly believe this is the truth.  What is there to add ?

~CfA~


UPDATE: https://bitcointalk.org/index.php?topic=1465136.msg14789764#msg14789764
No.Whoever say and believe bitcoin is destroyed is living under false fear and illusion.Even if mining is mostly controlled by china,bitcoin is still alive and kicking

How long this China empire will reign?
I'm sure in the future someone will break this and well, always will have someone "controlling" the mining...
Companies that are at China might control the bitcoin mining now, but the big whales do have a lot coins as well, soo they might get around 40-60% total bitcoins avaible, because supply wont happen, several lost bitcoins.
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October 11, 2016, 01:47:38 AM
 #552

That could be the case, but right now a bitcoin is still worth $600. I will still invest in it but we all know that it is a risky investment and shouldn't put all of out money into it.
The price of bitcoin is a great justification that bitcoin is not destroyed, what I see is that bitcoin is very profitable when it comes to investment nowadays because people are coming in to adopt with the new digital currency that is going to be big in the future.

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October 11, 2016, 08:16:21 AM
 #553

Its a matter of serious concern if its true.But china is mining 80 percent of bitcoins and they would own a greater share out of the remaining 21 million Bitcoins.Hope nothing should happen to Bitcoins.
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October 11, 2016, 08:24:21 AM
 #554

From where I sit bitcoin seems to be pretty much alive and operatable.
Over 2% raise during the last 24 hours, that's something not only bitcoin, but also I can live with!
Hope to see more of these days!

  It's me!!!
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October 11, 2016, 08:37:19 AM
 #555

Basically bitcoin can live million years, assumptions can be good or bad. Obviously some people wish bitcoin to be dead and destroyed, but in the
same time they come here, build the rank, and earn bitcoins.
I started to read a lot about bots, here and on some other places. Probably they are paid to post things like this, thing that bothers me is why are
they doing that, and what good they can make from this?
Bitcoin is basically pretty much alive and growing, I don`t like this kind of topics, and I don`t understand purpose of this kind of threads.



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Rainbot
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October 12, 2016, 02:42:57 PM
 #556

Basically bitcoin can live million years, assumptions can be good or bad. Obviously some people wish bitcoin to be dead and destroyed, but in the
same time they come here, build the rank, and earn bitcoins.
I started to read a lot about bots, here and on some other places. Probably they are paid to post things like this, thing that bothers me is why are
they doing that, and what good they can make from this?
Bitcoin is basically pretty much alive and growing, I don`t like this kind of topics, and I don`t understand purpose of this kind of threads.

As long as there is an internet, bitcoin will be alive even there will be no users around.

Bitcoin is virtual so it can live until the end of the world as long as mentioned above.

Well we have different perspective and not all people have the same thinking that's why there will be people who will wish bitcoin will be dead or destroyed.

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October 12, 2016, 06:55:54 PM
 #557

Bitcoin is basically destroyed now with 70% of the mining controlled by China, soon to be 98+%, and with Blockstream implementing their SegWit soft fork Trojan Horse so as Matonis admits can end up increasing the 21 million coins limit.

The entire ecosystem is headed for a clusterfuck.

I honestly believe this is the truth.  What is there to add ?

~CfA~


UPDATE: https://bitcointalk.org/index.php?topic=1465136.msg14789764#msg14789764
I think it is impossible to mine all the bitcoins really fast. It is going to take 150 years as far as I remember. At that time there might be no China or it may end in crisis. So, bitcoin is not destroyed and everything is going to be fine. And even if China would mine the rest of bitcoins, so what? Why do you think that this is the end? People will just buy them for dollars and bitcoins will spread around the world.

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October 13, 2016, 04:04:38 AM
 #558

China selfish also here in bitcoin. they have a large mining farm and looks like they owning it now..
Also here in philippines we have found one island in the north of our country its near in our country but they want to get this island too.. and they are planning to start a war..

I know how you feel, and I know what you mean too. Because I am also a Filipino citizens, But honestly, even china has a big mining farm of bitcoin worldwide. Bitcoin will still remain as decentralized. China cannot change it, at all ever! And bitcoin will never be destroy unless end of the world comes.
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October 13, 2016, 04:11:12 AM
 #559

That could be the case, but right now a bitcoin is still worth $600. I will still invest in it but we all know that it is a risky investment and shouldn't put all of out money into it.
Investing in bitcoin is not riskier if you don't invest in cloud mining ponzi or other ponzi lending platforms. Being active trader, buying and selling bitcoins on every price swing will always be profitable even when price will get dumped.

 
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October 18, 2016, 08:10:17 AM
 #560

That could be the case, but right now a bitcoin is still worth $600. I will still invest in it but we all know that it is a risky investment and shouldn't put all of out money into it.
Investing in bitcoin is not riskier if you don't invest in cloud mining ponzi or other ponzi lending platforms. Being active trader, buying and selling bitcoins on every price swing will always be profitable even when price will get dumped.

That is very good advice. Those Ponzi lending site should be banned by the internet or the world authorities.

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