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Author Topic: Who can destroy Bitcoin ?  (Read 21674 times)
redcucumber
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October 11, 2017, 05:06:58 PM
 #521

if humans cease to exist then their will be no user of bitcoin it would die

destroy the planet make a virus that might trigger a zombie apocalypse no human might exist if that happens bitcoin will die

adadaorlina
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October 11, 2017, 05:08:55 PM
 #522

For those who is profitable in bitcoin of course no wants to destroy it, unless for those who envy they might think bitcoin should not exist.
arnux
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October 11, 2017, 05:11:29 PM
 #523

Unless we lost power worldwide no one can destroy Bitcoin. Not governments. Not banks. No one. It's too easy to hide your identity and connect to the internet.
Farma
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October 11, 2017, 05:12:30 PM
 #524

time. well, the only thing that can make bitcoin disappear is time, but it takes so long. because, when viewed from all sides, bitcoins can be so popular in the future, and will be things that will be useful in the future.

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madzarux
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October 11, 2017, 05:16:25 PM
 #525

I would love to say ‘nobody’ but that would simply be wishful thinking.  Maybe Satoshi him/herself?
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October 11, 2017, 05:31:46 PM
 #526

blow up the whole planet all will cease to exist hehe

honestly is their are no users bitcoin will really die it might happen in the future because something
great may super seed bitcoin and it might have super features that can make our lives better..

but for now no one can destroy bitcoin thats why it become a safe haven asset for people
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October 11, 2017, 05:35:09 PM
 #527

I would say nobody.i dnt know actually.maybe the creator only can destroy this.i dnt think any body else could destroy it.
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October 11, 2017, 05:40:08 PM
 #528


This is a bad idea to go all in on bitcoin because bitcoin is very risky and the volatility makes it risky so even though that the price is very high now, it is still not a good idea to invest all money you have because a smart investor always thinks for long term and analyze if investing now is a good idea or not. This type of user that always go luck is greedy and can't be successful in any kind of field.
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October 11, 2017, 05:42:17 PM
 #529

I think you mean upbeat, than know the difference , Ethereum is a ledger technology,  Bitcoin is nothing more than a currency, Bitcoin is to call it a “digital dollar.” That’s really all it is—minus all the formal regulations that come with a bank (which is what makes it such a disruptive concept). It’s not a technology. It’s not a company. It’s your money, held in a digital form.  Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum’s is far more robust. If Bitcoin was version 1.0, Ethereum is 2.0, allowing for the building of decentralized applications to be built on top of it.
So there are zero chances except Ethereum , to take over this
S A KHAIR
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October 11, 2017, 05:48:33 PM
 #530

No one can destroy Bitcoin, But Only one option is remaining,
Only a strong Altcoin can do this but
There is no Altcoin to beat Bitcoin yet, people says that Ethereum will surpass Bitcoin but I think It is not so Easy for Ethereum to go near the edge of Bitcoin.

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October 11, 2017, 06:17:27 PM
 #531

the answer is two: government and hardfork.

1. the government is able to destroy the bitcoin legally if they agree to deem it unfit to be the official currency, it will destroy the value of bitcoin massively.

2. hardfork is also capable of destroying bitcoin systems quickly if system upgrades ultimately fail, this becomes a fear for some users and developers.
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October 11, 2017, 06:31:29 PM
 #532

I believe bitcoin has the following threats:

1) Quantum computing that can break the encryption algo to find all the priv keys
2) Mass ban of bitcoins by governments worldwide, mking ot almost impossible to buy or sell btc.
3) A new cryptocurrency that makes bitcoin outfashioned

All the other threats are too far-fetched or too minor to destroy bitcoin.
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October 11, 2017, 07:13:22 PM
 #533

Bitcoin can only be destroyed if the president tel's so.
Other then that it is not going to happen,
let alone that president Obama told that he has accepted the Bitcoin asap.
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October 11, 2017, 08:09:03 PM
 #534

There are 3 things which can destroy bitcoin and the thing is the government, exchange and mining because if the government didn't endorse bitcoin more investor won't come in and the price of bitcoin won't bullish. If there is no exchange people will loose their thirst for bitcoin. If there's no miner bitcoin transaction will not be confirm and more bitcoin won't be created into the cap market.

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October 11, 2017, 08:26:04 PM
 #535

bitcoin will be not easy to destroy because if you want to destroy bitcoin you have to shut off the internet and it will postpone the technological progress. and bitcoin will also die if it’s actually blocked by the global government and cannot be accessed at all.
bitcoin will continue to exist and will never be destroyed while internet is still available!!!
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October 11, 2017, 08:35:24 PM
 #536

I don’t think anyone can destroy Bitcoin as long as the internet is still there, unless a world war happen that destroy opponent satellites and nuclear war that will devastate a territory but internet also needs electricity so if many electricity generator destroyed it will make Bitcoin users will be fewer and Bitcoin will die slowly.
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October 11, 2017, 08:38:09 PM
 #537

Well i think that the only thing that can destroy bitcoin are the governments of every country, this is incredible, but this is just what has been happening in the last month, just like it happened with the Chinese FUD.. So it is obviously that the only way to destroy bitcoin is if every country starts to spread fud about it, and this is the only way because it would make bitcoin bleed a lot, and of course, drop a lot.

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October 11, 2017, 08:40:50 PM
 #538

I don’t think anyone can destroy Bitcoin as long as the internet is still there, unless a world war happen that destroy opponent satellites and nuclear war that will devastate a territory but internet also needs electricity so if many electricity generator destroyed it will make Bitcoin users will be fewer and Bitcoin will die slowly.
for asking for who is the one that can destroy on it i might say that no one can destroy on it i think that all of us that is the way that we think that there is no such a people person that can destroy it. only the technology that is the one reason why this are exist is the main reason that why it will be destroy.

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October 11, 2017, 08:41:00 PM
 #539

Lots of unrealistic people in this thread. Bitcoin can be rendered unusable by a number of factors...mining cartels, obsolescence due to impractical fees/wait times, government feeling threatened by it and a coordinated global effort to stop fiat injection into the system. But the technology is definitely here to stay. Bitcoin dying would set back mass blockchain adoption and interest for years.
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October 11, 2017, 08:45:50 PM
 #540

I think the only thing which can destroy Bitcoin within a few hours is the loss of trust into Bitcoin because of any reason.
Doesn't matter if Regulations, Bans, New Cryptocoins or forks.. this shouldn't kill bitcoin.
But losing trust because of some security issues could make the value fall extremely fast.

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