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Author Topic: Who can destroy Bitcoin ?  (Read 21670 times)
mindfly09
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December 05, 2017, 04:39:44 PM
 #1321

No one can destroy the bitcoin excepts for those government who don't want to regulate bitcoin. If the government want this , so the people will follow their rules in their country. Because the government has the power to do it. And if every country will do the same we have no choice, it can affect the bitcoin. But i trust and believe that bitcoin cannot destroy of anybody because this is the strongest currency around the world no other than but the bitcoin.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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BTG-BTC
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December 05, 2017, 04:41:16 PM
 #1322

I think that only the government can kill bitcoin, forbidding any existence
shritin1707
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December 05, 2017, 04:45:53 PM
 #1323

If no one mines bitcoins anymore, nobody can exchange them. Miners basically get a commission because they use their processing power to process transacrions between bitcoin wallets.So, if no one is mining anymore, which is unlikely for now, you will actually destroy the currency. Even if it is still worth something, you won't be able to exchange it, so it is like destroying it.so miner can destroy bitcoin.
barabut
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December 05, 2017, 04:46:19 PM
 #1324

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I agree that the price of bitcoin will be fluctuate but the value of it never get zero it is not possible in my point of view
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December 05, 2017, 04:51:37 PM
 #1325

Bitcoin has a better security today compared to its early years of existence. If some hacker can destroy the whole market, he should've done it some years ago. The growth of bitcoin helps it evolve to have a more compact security for users, for us people to enjoy the freedom of using this coin.

A stronger factor is the government, some countries ban the use of bitcoin because of the possible risks that it can bring to the people and their money, the economy of the country. If an increasing number of countries will continue to prohibit the use of bitcoin, it can become a big threat to bitcoin and to the whole crypto world.

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MSdosOutput
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December 05, 2017, 05:16:47 PM
 #1326

There is no scope to destroy this. It is a permanent matter and many of the world's top class people engaged with it.
harbin55
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December 05, 2017, 05:54:41 PM
 #1327

People are one the weakness of every business, which is their main lifeblood to sustain and to survive.
If the public does not response or the demand becomes lower, it will lead to a negative effect to every business in the whole world.
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December 06, 2017, 03:10:18 AM
 #1328

Till now, none can destroy it as the nodes are very secure and unique to each other. No one knows their own nodes fully as these are in encrypted form.

Yes, it can be on hold if there is a situation of war, natural calamities, and internet failures to name a few.

Also, it may be a possibility that the creator himself destroys the whole chain. You never know, a genius can do anything, creation or destruction anything.

Cereza_23
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December 06, 2017, 03:33:05 AM
 #1329

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I think no one can destroy bitcoin unless there will be a some people that will do anything to stop this, in short haters of bitcoin. Maybe loss of internet but I think it's impossible to loss internet. This time no one can destroy bitcoin.
redsuncrypto
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December 06, 2017, 03:46:01 AM
 #1330

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Unless all electricity and internet global is destroyed or no one use BTC in whole world Tongue
millgates
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December 06, 2017, 04:01:05 AM
 #1331

Many governments are do many things to decrease the use of bitcoin, but uasually the effect is just for a while, then we cam see that no one can stop bitcoin's price. It's price go up so high at the end of this year. No one can destroy bitcoin.
dogtooths
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December 06, 2017, 04:57:07 AM
 #1332

in my own opinion bitcoin will remain, bitcoin will not be easily destroy of any people who will make it down and it continue grow as long as many people will know this Grin Grin
Traydor
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December 06, 2017, 06:03:45 AM
 #1333

I can't agree more with what is said above! Bitcoin has grown 5℅ everyday since 6k thatbis just insane. It is a sigmoid adoption curve that is common knoweledge which means that it is not a bubble.
tamsak21
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December 06, 2017, 06:17:44 AM
 #1334

I think no one can destroy bitcoin. It will continue  to grow and grow until it consumes all. And sometime  in the future it wil be the payment for all our expenses.
christina30
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December 06, 2017, 06:35:09 AM
 #1335

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Well I think the possible destruction of bitcoin is government by banning bitcoin in countries and this is already true to some countries such as bangladesh and some more. And it's not impossible for other countries to do so .
zhangshushu8
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December 06, 2017, 07:00:42 AM
 #1336

A few days ago to read the news that the future of quantum computers may crack bitcoin technology, I do not really understand, but this is not possible? Tongue
EmJay
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December 06, 2017, 07:22:44 AM
 #1337

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

I don't think there is someone or factor who can destroy bitcoin not unles there is no cyrptocurrency wold anymore and people are not interested in it.anymore but as long as cryptocurrency is existing and people are still.supporting the bitcoin .it will continue to grow bigger and bigger as what I am expecting to happen.
thenameisjay
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December 06, 2017, 07:25:15 AM
 #1338

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Destroying bitcoins requires a ton of power and balls from a person. Bitcoins are just too big to be handled and remove its value from the market. Blockchain technology ensures our investments are safe but I guess there will be always that computer geek ready to break all down to the ground. I guess some super computer virus could end bitcoins.

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Glydel1999
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December 06, 2017, 07:37:49 AM
 #1339


I think no one can destroy Bitcoin you know why? Because there are so many people who using Bitcoin and I think that they not let somebody to destroy it. Some of us are defending on Bitcoin so why we let somebody to destroy it.
jakoylantern
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December 06, 2017, 08:09:55 AM
 #1340

For me, who can destroy bitcoin right now bitcoin is no one. Right now bitcoin is getting super intense because more and more people are currently accepting bitcoin, and not only people even a huge company or establishment are now accepting bitcoin. But in the future, another coin can destroy bitcoin or will kill himself if he reaches the limit of 21 million.  Smiley
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