PalindromemordnilaP
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October 07, 2017, 07:45:08 AM |
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Call it termination, destruction or whatever may be, nothing can destroy Bitcoin except its creator. But Satoshi Nakamoto is nowhere to found and that means Bitcoin will remain for centuries to come and will always dominate the cryptocurrency world.
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alexsamudra
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October 07, 2017, 07:50:18 AM |
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I do not know who will destroy bitcoin, now the excessive mining monopoly, the cessation of the global internet (maybe).
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Destroyeroff98
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October 07, 2017, 08:09:58 AM |
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I do not think it's possible at all. Only if the whole world will be left without the Internet.
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magz
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World's First Chain Balancing Token (CBT)
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October 07, 2017, 08:14:27 AM |
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If Bitcoin someone and can destroy Bitcoin, then this is China. Although honestly, depending on how fast it grows, and the fact that China is not the only superpower in the world, I can say that Bitcoin's collapse will not happen.
One country cannot destroy Bitcoin. I think if all the government in each every countries we have here on Earth decided to stop trading/using Bitcoin, that's the end of our happy days.
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resty
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October 07, 2017, 08:49:55 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.
According to the history of bitcoin it was started a 21 million BTC circulation until now and using Digital peer to peer money transfer this is decentralized no government can manipulate this, but if the Government will interfere of all kind of digital currency of Bitcoin, and declared value added tax for all transaction. that's is the time the volume of investor and traders are discourage until the Bitcoin will destroy because of Government
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mobilezz
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October 07, 2017, 08:56:19 AM |
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Bitcoin can only destroy the loss of interest from users, but for this there must be a substitute by which people will start making money and hope for a brighter future.
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jc89
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October 07, 2017, 08:58:51 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 it will take everyone of us who hold btc to destroy it. What I'm saying is if all of us gave up btc, which is very impossible, then that might cause btc's demise. But as long as there's still people who support btc even if there's just a handful left, btc will still survive. Another factor might be internet and electricity blackout and I'm talking about worldwide and permanent here not just a temporary one on certain areas.
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UnicomICO
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October 07, 2017, 09:06:10 AM |
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It's almost impossible! Maybe when it will totally banned?
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sofi@
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October 07, 2017, 09:08:55 AM |
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I think the owner of majority of bitcoin can destroy bitcoin if they become inactive for a long period of time which may lead to lack in the supply of bitcoin in the market also government can destroy bitcoin by preventing the transaction of bitcoin in their country if majority of countries will do this surely bitcoin will die soon
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Titanos
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October 07, 2017, 09:11:07 AM |
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Bitcoin cannot be destroyed unleass people don't use anymore. I don't think it can happen in near future.
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badungs
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October 07, 2017, 09:11:44 AM |
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creator can destroy bitcoin.
i think time can destroy it. time change and cryptocurrent will change too. but take long time to kill bitcoin. because everyome will keep bitcoin, make bitcoin be the one from other coin.
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Frank0209
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October 07, 2017, 09:15:19 AM |
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Nobody can do it except Bitcoin will not be used anymore in the future. As all of you know, China is the country has biggest effect to Bitcoin all over the world but when China government banned Bitcoin and closed a lot of exchanges in thier country but it only affected to Bitcoin in few days and everything went fine right after that. But I think if the interney all over the world is not available anymore, Bitcoin will die for sure.
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gabbie2010
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October 07, 2017, 09:19:08 AM |
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Complete shutting down of Internet can destroy bitcoin, of course many user will be unable to login their wallets, keys will no longer worked, their will be massive breakdown and lockdown of exchanges, no transaction will linked up e.t.c. There is no reason why internet will shut down in years ahead may be in event of war when there is massive destructions of Internet equipment and facilities.
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waynechong1995
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swing!
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October 07, 2017, 09:26:12 AM |
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Who knows soon or long enough some whales that stocked up so much BTCs that they could influence the market heavily, making small investors like us losing hope and leave the market.
An organized network of nations that banned BTC would kill BTC too if necessary, this only would be done if BTC was heavily changing how currency works soon if we look at it pessimistically.
0 is unlikely, but it is still possible to hit it back to the early days <$500-$1000, but if look at the bigger picture, Strong ALTs would quickly replace if such happens with a better and more advanced blockchain technology
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jerowacik
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October 07, 2017, 09:30:56 AM |
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Complete shutting down of Internet can destroy bitcoin, of course many user will be unable to login their wallets, keys will no longer worked, their will be massive breakdown and lockdown of exchanges, no transaction will linked up e.t.c. There is no reason why internet will shut down in years ahead may be in event of war when there is massive destructions of Internet equipment and facilities.
I think maybe just a war that can make the internet around the world destroyed. because the main connection bitcoin is the internet network, if there is no internet then we can not do bitcoin delivery transactions. so nothing can affect bitcoin other than internet. all networks in this era of technology must depend on the internet network.
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yrreg ger
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October 07, 2017, 12:02:03 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.
Maybe the one who can destroy the bitcoin is the government, if they think that it has no good result to the society especially when using this to illegal doing. Additionally, our economy was controlled by the government with taxes, if they don't have any partition maybe it will ban also because the currency of the country are affected. Just like in some countries that bitcoin was already ban because of competition in the currency, they hold a demand currency and bitcoin was the one who affect to their currency.
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Jaya912
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October 07, 2017, 01:12:05 PM |
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Bitcoin has grown beyond our prediction. So too difficult to take it down till zero value. Difficult does not it can not be. I know one thing that can make it, bad news which is making all country in this world block bitcoin and no access to get through it. So the price will be zero. Its just my opinion.
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Zarbout
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October 07, 2017, 01:53:45 PM |
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I think no one can destroy bitcoin because it's decentralized and no one can control it. It own its power only from people demand.
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Hasbro27
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October 07, 2017, 02:00:31 PM |
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I think for now there is nothing that can damage bitcoin because bitcoin is so strong and too much that uses bitcoin so it is difficult to change the value of bitcoin to zero
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smokeydog
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October 07, 2017, 02:49:15 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.
Bitcoin has the potential to become useful but powerful? Not likely and it sure isn’t useful yet. 95 percent of the services I buy and sell are not available with bitcoin. I most cases I can’t use bitcoin to buy stock, bonds, a car, food, electricity, tires on and on and on. It must become pervasive for it to really become useful. I have hope this can happen but there is a long way to go. To use my possible bitcoin profits, I must got through an exchange and governments can shut them down in a second. If that happens its only blackmarket central, nothing else. As for who or what can take bitcoin out, at this point in time the US government can stop this thing dead in it’s tracks. Make bitcoin transactions illegal and all it’s good for is use in the blackmarket. That will still be big but nothing compared to what it could be.
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