peterbom
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October 17, 2017, 10:48:20 AM |
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I think that Bitcoin will be destroyed by itself,I mean by its popularity and high price exchange.  |
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mega_carnation
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October 17, 2017, 10:59:39 AM |
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I think that Bitcoin will be destroyed by itself,I mean by its popularity and high price exchange. Itself? I don't think so, there's no one that can ever control bitcoin now and the only ones that can destroy bitcoin are those people that are jealous of what bitcoin is right now. And for sure there will be a lot of people talking about it's destruction but why are you talking about this? Whales can destroy bitcoin, the whole world can destroy bitcoin if they'll implement mass banning of it. |
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Portia12
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Merit: 105
ADAB ICO
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October 17, 2017, 11:09:31 AM |
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Only hackers can destroy bitcoin community, i they will be hacked they will be hopeless they will not bitcoin again because they loss a big or small money. |
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Xester
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October 17, 2017, 11:12:24 AM |
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I think that Bitcoin will be destroyed by itself,I mean by its popularity and high price exchange. Yes, it can be like that because bitcoin is so popular and really something to look up to. Many will keep their coins until their desired target or amount. Maybe if many people will continue doing this then bitcoin will be like extinct, I do not know. It seems like that that it will be destroyed because there is no bitcoin in circulation. But these would be really impossible. If bitcoin will be destroyed then all other digital coins will be destroyed also. |
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jayhawk1
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October 17, 2017, 11:23:29 AM |
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Bitcoin will be destroyed if Bitcoin will be banned globally there is no investors, traders and users obviously; No internet connection, no one can browse; World war.
I totally agree with you on this stance .The bitcoins could only be eradicated from the world if there is some sort of war between the countries that could diminish the whole system down to nothing. Moreover, the reputation of bitcoins could be destroyed at a greater scale if duplicate bitcoins are introduced or if they are banned by most of the developing countries f the world. |
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J Gambler
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October 17, 2017, 11:30:33 AM |
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
If you think about it. A lot. As it is a stock or it runs on a lot of factors and variances. Countries such as china which has closed its doors on Bitcoin have impacted greatly the dealings on cryptocurrency as it has shown to the world that a superpower can rfuse this currency. |
Y U MAD AT ME
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Astvile
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October 17, 2017, 12:39:18 PM
Last edit: October 17, 2017, 01:10:39 PM by Astvile |
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I can cite some reasons why. one is if another coin will rise up and exceed or offer more potential than bitcoin, two is if people stop believing in bitcoin for some unknown reason, tho i dont think people will stop believing bitcoin. three is if we go back to stone age where internet does not exist, sure it is bitcoin is dead if this will happen. but so far i dont think these reasons will not happen even after hundred years.
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Blackwhite69
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October 17, 2017, 12:42:55 PM |
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Many factors will destroy bitcoin rapidly such as not being received in a country about bitcoin and blocking access about bitcoin. This is one way to crush bitcoin slowly. |
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SonicDoom
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October 17, 2017, 12:47:10 PM |
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Technically, the scammers or the hackers. Or the one who most likely to destroy it just for fun or for a certain reasons.
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dmamigo
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October 17, 2017, 07:41:09 PM |
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
If you think about it. A lot. As it is a stock or it runs on a lot of factors and variances. Countries such as china which has closed its doors on Bitcoin have impacted greatly the dealings on cryptocurrency as it has shown to the world that a superpower can rfuse this currency. Banning of Bitcoins by Top Countries does makes an impact upon it, but I think banning by them is temporary. China banned the exchanges, but recently news are being heard that they will be implementing regulations, so as Russia. I think basically the political unrest, war, lack of users and users boycotting Bitcoin are more vital which has higher chances to diminish it. But as per current global scenario, neither seems to be or will be happening, don't know about the war though. |
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yakushev
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October 17, 2017, 08:49:52 PM |
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Many factors will destroy bitcoin rapidly such as not being received in a country about bitcoin and blocking access about bitcoin. This is one way to crush bitcoin slowly. Bitcoin is not afraid of government bans. This currency can be used so that the government does not know about it. I think that bitcoin can destroy only some other improved coin |
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Welsh
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October 17, 2017, 08:58:13 PM |
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Bitcoin is not afraid of government bans. This currency can be used so that the government does not know about it. I think that bitcoin can destroy only some other improved coin
It's only as anonymous as you make it. Just like cash in traditional currencies. Although, the Blockchain is essentially a public ledger which can we tracked and a educated guess could be made regarding certain transactions. |
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Aikidoka
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Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
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October 17, 2017, 09:02:27 PM |
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Some people are like "No one can destroy bitcoin". Yet, every powerful thing has weaknesses and flaws. We all know that bitcoin is powerful these days. But imagine if the world encounters a third world war, and the internet is shut down. What will the fate of bitcoin be? Of course it will disappear. Added to that, there is another way to destroy bitcoin which lays within people themselves. To clarify, if people start losing hope in bitcoin or losing interest, bitcoin will go down, its value will go down, thus it will disappear.
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sonawer
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October 17, 2017, 09:22:14 PM |
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1. end of electricity 2. fundamentally new technologies 3. alternative crypto currency 4. damage to bitcoin. 5. principle of mining 50% + 1 6. people 7. aliens)
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inoymuninoy
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October 17, 2017, 09:25:25 PM |
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I think no ones going to destroy it. Because people can have real money with this
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maii
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October 17, 2017, 09:27:19 PM |
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i think for the only way to destroy bitcoin is make the governments of the world ban bitcoin
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sheenshane
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Cashback 15%
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October 17, 2017, 09:35:28 PM |
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nobody can do it Yes no one can destroy bitcoin but maybe also no one knows, what if all internet connection will shutting down there's no bitcoin at all no internet no bitcoin. But thats my wild imagination maybe that is not happen. |
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dzhan
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October 17, 2017, 09:37:50 PM |
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No one can destroy bitcoin as long as there is Internet connection available around the world. It is a decentralized difgital currency, and governments can't control it.
Even the other altcoins can't replace Bitcoin, because they re depending in BTC price and stats
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noelwenceslao03
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October 17, 2017, 09:43:52 PM |
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How can you destroy something that you can't really find the root nowadays? I mean, first and foremost, bitcoin is intangible; it is very volatile and fluid that let's say, transforms into data stored in computers. Next, the usage of bitcoin is so wide that you must purge everything all at once to destroy this bitcoin. So basically, it is marginally close to being impossible to do.
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ajiejot
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October 17, 2017, 09:47:09 PM |
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Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Yes definitely that bitcoin is growing very powerfully but I believe that there is only one that can destroy bitcoin. For me is the government itself, since Bitcoin is decentralized with less fee, bitcoin can have a problem with corrupt governments. Why? Since bitcoin didn't have any TAX ,so corrupt governments will make any move about this. |
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