0t3p0t
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September 19, 2017, 12:12:35 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.
Humans created Bitcoins therefore humans could destroy it. When it comes to factors that could make its market to zero are the following; massive security breach, majority of users are in illegal activities which result in worldwide banning implemented by the government, worldwide internet shutdown, nuclear war all over the world, EMP attack and the last but not the least end of the world. I am hoping that these catastrophic events will not happen in the future but it could be possible though.
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yhan2x
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September 19, 2017, 12:16:10 AM |
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no one or nobody can destroy bitcoin. bitcoin still in strong crypto currency cap.
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paragon07
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September 19, 2017, 12:20:09 AM |
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in my speculation no one can destroy bitcoin now a days. strongest economy now a days. even the hackers can do it in an easy ways. so good luck to all. who can destroy bitcoin.
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weblouartisan
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Lets Go Adab
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September 19, 2017, 12:21:56 AM |
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no one or nobody can destroy bitcoin. bitcoin still in strong crypto currency cap.
Are you sure about that ? , In some countries bit coins is not legalize and one of the example is the incident in china. When the ico's were banned for awhile it really affects the market and decrease all the values of coins, Somehow it will all be still depending on the government.
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Amazon Refunder
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September 19, 2017, 12:25:58 AM |
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The earth being destroyed by an alien invasion
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loragean03
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September 19, 2017, 12:30:11 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.
no one can destroy bitcoin, its pretty obvious that even other powerful country cant stop bitcoin for being popular. in fact, recently bitcoin got affected in banning ICO from china, so I think its affects the whole bitcoin world and its cost a dip, but I believe that bitcoin is indestructible and most of dip that bitcoin had face, soon bitcoin can get out on that dip and that's what happening now, bitcoin getting bigger and bigger again and no one/factors can destroy bitcoin.
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Hexah
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September 19, 2017, 12:38:11 AM |
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In my own point of view I think bitcoin will never be destroyed but I think it could be more on not be in used or it could be someone to be illgelalized by the government and other several factors that it may also occur if the bitcoin will come up without a value. I think that it is more I have to point out but I think no one can destroyed bitcoin if it does, why do it last up to now?
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josephpogi
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September 19, 2017, 01:04:41 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.
I think bitcoin is a strong cryptocurrency , so for me one thing that can destroy bitcoin is only people like war and if more people leave to use this or in the future have a new crypto that so much increase the value than btc.
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Wicked17
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September 19, 2017, 01:11:59 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.
when the world war 3 begin or a possible worldwide internet shutdown. Someone said that china will destroy bitcoin but nahh. china doesnt want google and facebook before but look at those website now. I will just hope for bitcoin to have a long live.
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BurhanPSG
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September 19, 2017, 01:26:42 AM |
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I'm not so sure but when it comes to price, but bitcoin is very sensitive and added with its fluctuating nature makes the price will go down drastically in a short time. if I think there are two factors that cause it happens: - the consumer demand is getting lower. - the lack of bitcoin enthusiasts from large countries that have a big impact on bitcoin increase.
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iamTom123
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September 19, 2017, 01:28:03 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.
Bitcoin itself maybe hard to destroy because that is one of the main purpose of the blockchain technology which is to protect and secure the platform. Now, having said that, there can be entities and factors that can limit Bitcoin so it won't get adopted by as many people as possible. Number one on that list would be those in authorities like the government and the central banks we have as they would be the firs ton the line to feel the disruption posed by Bitcoin as it is really beyond their control and they can not intervene within and without Bitcoin. Right now, there is a heated discussion on that bank executive because of his harsh words against Bitcoin and this is just a classic example of how banks can be feeling the heat once Bitcoin would be accelerated in terms of adoption. The one in China is showing us how powerful can the government be when it comes to withdrawing the space they provided for the proliferation of Bitcoin.
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shimbark123
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September 19, 2017, 01:39:38 AM |
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I think nothing can stop or destroy bitcoin right now. Look at it, many FUDS and dramas came but bitcoin remain strong for many years. And who can stop a thing that is so unstoppable right now right? NOBODY, NOTHING. Bitcoin will last forever I think.
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Sahabat_
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September 19, 2017, 01:48:21 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.
may be that could make market value destroyed or reduced yes due to ban bitcoin in every country. with the ban would certainly reduce any previously large bitcoin transactions. and if you want to increase bitcoin transactions by way of bitcoin legalized in each country. but of course it will be difficult to achieve and now there are only a few countries that legalize it
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moooonu
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September 19, 2017, 01:50:05 AM |
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It's value can't be zero unless all the government deny it's usage and make law against the Bitcoin holders. But that's a rare case.
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perla
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September 19, 2017, 01:51:09 AM |
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if there are no internet maybe because if internet shutdown nothing that we can do with bitcoin, no miner, no transaction, if country ban bitcoin maybe that wouldn't destroy bitcoin
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bololord
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September 19, 2017, 01:59:36 AM |
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Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin, but I think for now ETH can not beat it. But soon the possibility of ETH will be ranked 1
I agree with you eth have a potential to grow in the future becuase bitcoin as far as now or maybe anothe year bitcoin id in a big of a poke or in danger and if the bitcoin will illegalize by other goverment.
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darthmaul
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September 19, 2017, 01:59:59 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.
The first thing that will kill bitcoin is rules and regulation implied by our government. Im not just one or two countries like china, but major countries around the globe. If that happens then virtual currency investment will will collapse on its own base principle of " decentralised" regulations because by that time there won't be any thing like that.
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DevilSlayer
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September 19, 2017, 02:05:39 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.
That is very impossible. There is no one government or people that can destroy bitcoins. Even governments have not enough power to destroy it. Bitcoin will never be destroy.
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Astvile
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September 19, 2017, 02:12:35 AM |
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There is only one nation of people who can clearly destroy bitcoins totally in terms of market price and fame,and its china and he is already doing it lol,shutting down exchanges cause this huge price drop
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Fujiati
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September 19, 2017, 02:12:48 AM |
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I think that can make bitcoin market prices so destroyed if the coins appear more easily used by others...
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