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Author Topic: Who can destroy Bitcoin ?  (Read 21674 times)
millgates
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November 13, 2017, 02:12:34 AM
Last edit: November 13, 2017, 02:22:47 AM by millgates
 #981

nothing and nobody can destroy bitcoin. he is the clock father of all cryptos
Actually bitcoin network is has no data center so it is hard to attact bitcoin network. No one can destroy bitcoin except God, many people said that bitcoin will die if there is no internet connection, but who want to make the internet dissapear, I think most of people doens't want to do that.
Asusnumbaone
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November 13, 2017, 03:00:29 AM
 #982

successful cryptanalitic attack on private keys, excessive mining monopoly, global internet shutdown (possibly), massive loss of interest.
Bitcoin has no owner but has a origin. The value of the bitcoin can be destroyed or lower but the bitcoin itself is impossible to destroy. It is the all-time father of the cryptos. Bitcoin is an online currency that can be use in many things. The bitcoin is impossible to destroy now because it is powerful and the maker of it is anonymous.
reynilynedago
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November 13, 2017, 03:10:36 AM
 #983

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I think bitcoin eill destroy it self now if you see because of segwit2x the balue of bitcoin now is totally dumping and dumping and some people became mad because there a lot of unconfirmation transactions . Sad
Twentyonepaylots
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November 13, 2017, 03:16:16 AM
 #984

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
there are many factors to make the price of bitcoin to crumble to dust, like example a world war 3 that resulted in a nuclear warfare or maybe one day the internet decided to shutdown. this are some examples but they might make the bitcoin price be zero.
Allura74
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November 13, 2017, 03:16:34 AM
 #985

nothing and nobody can destroy bitcoin. he is the clock father of all cryptos
Actually bitcoin network is has no data center so it is hard to attact bitcoin network. No one can destroy bitcoin except God, many people said that bitcoin will die if there is no internet connection, but who want to make the internet dissapear, I think most of people doens't want to do that.
Probably because bitcoin is a decentralized system then it is hard to make it down in terms of online security, but unfortunately even what secure it is then there are still possible points that can make it down, like those other coin who are next in line of it that can overtake the value and make it obsolete and then the threat from government that if they want to legally ban bitcoin, i think they can really do that.

DarkIT
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November 13, 2017, 03:19:01 AM
 #986

I do not know, currently the price of bitcoin is declining. maybe, if there is a coin that has a better price than bitcoin and stable, maybe it will crush the bitcoin slowly. but I do not know, it might break the system from cryptocurrency

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pikebu
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November 13, 2017, 03:23:58 AM
 #987

The community of bitcoin who can destroy the bitcoin, the values of bitcoin can be destroyed by the investors and traders, they can sell all of the bitcoin on exchangers, the bitcoin's network can be destroyed by the miners, they can stop mining activity, it will makes hashrate of bitcoin goes down and the last the developers of bitcoin stop to development the bitcoin, it will makes bitcoin stop growing up, but i am no sure right now bitcoin can be destroyed because many people who addopt the bitcoin right now, although not all of people addopt it.
Yazrielle
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November 13, 2017, 03:31:13 AM
 #988

No one will destroy bitcoin except maybe the government just like what china did.
Or maybe they wont destroy it but they will give taxes. If that happens for sure bitcoin's value will decrease.
Dine19
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November 13, 2017, 03:53:54 AM
 #989

In my opinion many people can destroyed bitcoin ,,first destroyer is people do to scam in bitcoin investor so many people says bitcoin is a scam ..so stop scam to bitcoin so that many people interested to invest..
RavenHood
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November 13, 2017, 04:22:46 AM
 #990

In my opinion, only bitcoin can destroy it self and no one else can destroy it. Because bitcoin is limited of 21 million. After bitcoin reach its limit, I think other currency will have a great chance to overcome what bitcoin started. 
luigidosado
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November 13, 2017, 04:23:08 AM
 #991

No one can destroy the bitcoin other than the one who created it. There are also other ways bitcoin can be destroyed like total shutdown of internet, electricity and when hackers penetrate through the system of the bitcoin. World war can also be a factor and also scams that would cause the people not to use it anymore. Bitcoin can also be destroyed in a way that another form of cryptocurrency competes and beat it.

Oasisman
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November 13, 2017, 04:45:35 AM
 #992

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

In my opinion one of the biggest factors that can destroy Bitcoin, is its competitor. If someone can create more innovative coin or crypto currency that can beat Bitcoin, then there will be a decrease in value for Btc and possibly lost its value. Im not sure, anything can happen. Also, this scammers and hackers is also a threat for btc. People may lost their trust using btc and the demand become low, so yeah that could be on my own opinion. There are also unexpected factors that could trigger a value loss for  btc. Everything can happen.
stevanprice
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November 13, 2017, 04:54:17 AM
 #993

I do not think bitcoin will suffer destruction because over time more and more people are using bitcoin to perform various transactions or just investment. only one thing can destroy the bitcoin ie the internet. bitcoin will be destroyed if the internet can no longer be accessed and it will be impossible.

I think for now this bitcoin is not a problem to be a disadvantage. Because the bitcoin is the most profitable and also have the best future. And keep in mind, the internet will not be lost or destroyed. Because basically bitcoin is a digital currency is best, and it's certainly the internet will always be a place to update and expand. So don't ever minded bitcoin will crumble when the internet is lost, because surely the internet will never be lost. Continue working and never surrender to face everything.
I think that is a question that always concerns bitcoin investors. the first is the declining value of the bitcoin itself and then the fewer or fewer who use it because they prefer real money, unpredictable inter-state warfare when it comes, and the weakening of Internet usage.
Aljohn08
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November 13, 2017, 05:05:38 AM
 #994

Noone can control the movement of btc unless all investor  move to the other coins..but thats imposible will happen at this time
xamil
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November 13, 2017, 05:11:28 AM
 #995

No one can destroy bitcoin, unless we as a bitcoiner don't support it but we know that it is impossible to happen. specially now bitcoin is more powerfull than other currency.
Alaissa Ganda
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November 13, 2017, 05:13:44 AM
 #996

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

I think no one can destroy bitcoins except from ourselves because the bitcoins will just continue to rise up if we continue to buy it to sell it and to keep bitcoins moving in the market. The thing that can make bitcoins totally destroyed is when all the investors all the users of bitcoins will move into another coins that are much likely better than bitcoins because anything that people do not use or do not wanted anymore is going to an end. But that dont happen because bitcoins are on the top of their era.
Webberson
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November 13, 2017, 05:18:43 AM
 #997

Same person(s) that built it.

Aljay7
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November 13, 2017, 05:23:28 AM
 #998

For now we are thinking that no one can beat bitcoin because bitcoin has the biggest amount of coin,but there is so many competitors,we don't know maybe in the future some coin can bitcoin.
When we are talking about destroying  bitcoin. No one can destroy bitcoin,we know that maybe in the future some coin surpass bitcoin but it won't be destroyed,it will still exist.
100%succes
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November 13, 2017, 05:35:26 AM
 #999

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
I think the government that can give a policy to bitcoin in a country to the user community, that bitcoin may be used or stopped. easy to access bitcoin properties and have the freedom to every user.
sumangs
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November 13, 2017, 05:46:19 AM
 #1000

The only way to destroy bitcoin is to shut down the internet. There will be no way to transfer bitcoin from person to person since the internet is the essential tool to perform bitcoin activities. Unless they would develop offline bitcoin or else the widely used payment method is through fiat money.
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