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Author Topic: Who can destroy Bitcoin ?  (Read 21674 times)
bubblebit
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September 19, 2017, 05:21:46 AM
 #61

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

The one and the only reason that Bitcoin be destroyed is us. We who will abused the used of bitcoin and be involved in illegal activities. We who invest on it our time and effort eventually end as we looking for a better one. We who gonna go old and new generation will made a new one. In short "We" and all of "Us" has the responsibility and obligations to take good care of bitcoin as a return favor for its help on us.
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September 19, 2017, 05:47:06 AM
 #62

Many can be done so the Bitcoins will disappear. It may be banned in many countries. And if this happens the purchase may be weakened and many people will sell their bitcoins. And the result will be the lowering of its price. That may break down and break bitcoins. Many other things can happen and we will know in the future. At the moment the trend of bitcoins is good in the market and hopefully it will continue to achieve the bright future for bitcoins

Everything here is possible so no wonder if it'll happen but of course no one want that.
But as long as the users have demand on the market bitcoin will continue to dominate.
Yeah many will defame bitcoin and this is really saddens me that I know when they get bitcoin down they'll wiill be the one who'll manipulate and the essence will be all gone.

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September 19, 2017, 05:50:57 AM
 #63

I suppose the media have a very important influence on everything. If enough people get scared, especially those who hold the majority of bitcoin could destroy it for a short while by selling everything (in combination with the media scare). But I do not know if it will ever really disappeaer even if it fell back to 3 cents, I think people who see the cheap price and just buy again with excitementand the whole craze would start all over again. One just has top hope that governments won't ban altcoins!

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September 19, 2017, 06:06:20 AM
 #64

The only thing that can stop bitcoin is the end of the world or world wide internet shutdown which is impossible to come true. Grin

Blackwhite69
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September 19, 2017, 06:14:51 AM
 #65

The only thing that can stop bitcoin is the end of the world or world wide internet shutdown which is impossible to come true. Grin

It seems an impossible thing to do to get everyone in the world to stop using the internet but if bitcoin creators plan to turn off bitcoin maybe it could happen. Maybe  Wink
Selly Arumsari
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September 19, 2017, 06:21:46 AM
 #66

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
i feel bitcoin user that not use bitcoin again,...there is no transaction.there is no investing.there is no ico. maybe it happen bitcoin will be able to is die
but its almost impossible things because bitcoin very interest for each people
Kupid002
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September 19, 2017, 06:27:11 AM
 #67

The only thing that can stop bitcoin is the end of the world or world wide internet shutdown which is impossible to come true. Grin

It seems an impossible thing to do to get everyone in the world to stop using the internet but if bitcoin creators plan to turn off bitcoin maybe it could happen. Maybe  Wink

Yes impossible that it would happen it can be but not for long bitcoin can destroy by itself who controls it is only hunan the reason why bitcoin exists everything in this world that is can controlled by human and with the source of internet are it would be the reason why it can be destroyed.

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September 19, 2017, 06:29:59 AM
 #68

no one can destroy bitcoin...because it is safe and well developed currency.
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September 19, 2017, 06:35:41 AM
 #69

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Actually people are who give it value,  bitcoin is strong because of it devotee.  When most of people sell it, the price will drop,  when most of people buy it,  the price will go up.

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September 19, 2017, 06:38:17 AM
 #70

Should it not be 'what' rather than 'who'?

Not counting something catastrophic like vulnerability in the platform, longer term there's the competition from other coins. As the saying goes, 'nothing is forever.' It's safe for the time being however.
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September 19, 2017, 06:42:08 AM
 #71

I think the government are the ones that can destroy bitcoin if they want to do but I know its going to be hard for them to do it so instead of destroying it they will play with it.

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btcsister
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September 19, 2017, 06:45:51 AM
 #72

be sure nothing can destory Bitcoin  Grin
I think so. Bitcoin was always supposed to be peer-to peer electronic cash. It was intended as a permissionless network and a fast, low-fee payment system. This is what made it famous and allows it to become a multibillion dollar asset.
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September 19, 2017, 06:56:05 AM
 #73

If you know who is behind  bitcoin for control  you can say that
MrCrank
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September 19, 2017, 06:57:59 AM
 #74

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

Friend, destroy bitcoin not possible. It's leader today and forever. I think this is large business for many peoples.
Also mining business can't destroy too. Don't stop..
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September 19, 2017, 07:08:40 AM
 #75

in fact, bitcoin is very difficult to destroy as possible that can destroy bitcoin is time! I mean, over time there will be a cryptocurrency that will become famous like a bitcoin today! perhaps also if there will be a global outage of the internet will be destroy bitcoin.
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September 19, 2017, 07:12:13 AM
 #76

Only god can destroy bitcoin
Manuj
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September 19, 2017, 07:13:43 AM
 #77

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

Bitcoin is dependent on people's trust. If that trust is going zero, the market as well as the value will of course turn to zero as well. That is what is meant when Bitcoin is deemed trust-dependent. It does not have a value of its own unless people assign some to it.
malikusama
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September 19, 2017, 07:19:50 AM
 #78

Bitcoin can only be destroyed if there would be a permanent ban on cryptocurrencies all over the world, which is in fact doesn't seems possible. However its worth and lead can be affected by another cryptocurrency, if a currency would emerge with more attractive characteristics and provide more earning opportunities than bitcoin, then bitcoin will surely face a serious challenge.
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September 19, 2017, 07:23:54 AM
 #79

If I think that could affect the price of bitcoin plummeted that is the truce in a country that causes the economic system becomes irregular and someone in the search for income is quite difficult.

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September 19, 2017, 07:40:58 AM
 #80

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Well as you rightly say there are many factors that affect bitcoin. I think the most important factor is number of users ,for bitcoin value increase that way. Besides, it was governed by the law, the internet ,..
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