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Author Topic: Who can destroy Bitcoin ?  (Read 21674 times)
CrypticGambit
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November 25, 2017, 08:43:24 PM
 #1201

no. The blockchain holds a record of the coins that get sent in and out of an address. The only way to send coins out of an address is to use the private key that created that address. No private key, no ability to send or verify those coins.

santiPOGI
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November 25, 2017, 08:45:26 PM
 #1202

satoshi is the only perrson can destroy bitcoin , thee one who created this awesome digital currency ..
but i hope he will never do that as i want this to continue and have atleast 5 bitcoin on 3 wallets to give it to my children as  for their saving in the future ..
FasTroy
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November 25, 2017, 08:46:34 PM
 #1203

Well, I think if hackers will hack bitcoin and they will steal all money, but for 9 years working I haven`t heared something similar. There is another option if all investors will withdraw their money, then bitcoin at least will fall to the bottom. Also if countries which have recognized bitcoin legal will start blocking bitcoin, then this option is also possible.
These 3 problems can happen, but for the second problem, it's too hard to happen because people like to invest in bitcoin, as they know that is a very profitable investment over the years, It's recommended to everyone in the planet, but when we talk about hackers, it's possible to the new technolygy of blockchain to be hacked, but it's too hard.

Jibit
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November 25, 2017, 11:32:27 PM
 #1204

I think the father of Bitcoin can kill it. But he wont do this. Because Bitcoin has made him become a Millionaire
kendra1107
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November 26, 2017, 12:15:13 AM
 #1205

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
The Chinese could be a big contributing factor to that. Since they control more than 40% of Bitcoins in the market. Just imagine if they all agreed on dropping their coins, now that will surely have a great impact to Bitcoin value!

prokopyo
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November 26, 2017, 02:18:08 AM
 #1206

the government maybe because they want to gain tax every transactions.
bulacarango
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November 26, 2017, 03:50:46 AM
 #1207

One can kill bitcoin or replace the bitcoin head
There are many ways to defeat bitcoin, which are hackers who infiltrate the server, which is impossible, because it is impossible to penetrate such a powerful system as easily.
no internet, or global disconnection, or overexploitation of miners also affects bitcoin. bitcoin no longer when no one believes bitcoin or no one invest in bitcoin then bitcoin will be defeated by eth Tongue Tongue Tongue
Papaczed
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November 26, 2017, 03:57:32 AM
 #1208

the government maybe because they want to gain tax every transactions.
I think the only one can destroy bitcoin is us, is the all of the users of bitcoin, if we will make bad things that will affect bitcoin very hard it will totally destroy and it will be our totally fault, for example if the bitcoin is we will be used for scam it has a big possibility that it may affect bitcoin in bad things.

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P60
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November 26, 2017, 04:03:58 AM
 #1209

the government maybe because they want to gain tax every transactions.
Yes, I guess that the officials from government can destroy Bitcoin but more likely, the people who's using Bitcoin have the capability to destroy Bitcoin too. Users of Bitcoin can look on how to destroy Bitcoin even though they are not powerful but if it is their purely intention from the beginning, it can be.

etsonarrantes
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November 26, 2017, 04:09:52 AM
 #1210

I did read a news last year and i saved the link, i think it would be an answer for your question.

Quantum Computers Will Destroy Bitcoin, Scientists Warn - https://www.cryptocoinsnews.com/quantum-computers-will-destroy-bitcoin-scientists-warn/
kelinci_putih
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November 26, 2017, 04:10:02 AM
 #1211

Bitcoin is so strong, so popular in the world no one can destroy and kill bitcoin. No one can beat bitcoin or destroy it possible to up in the future. Bitcoin is currently very difficult to stop because its decentralized and the governments haven't control about it. So bitcoin is so impossible to destroy to forever.

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david_019
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November 26, 2017, 04:26:22 AM
 #1212

I think there is no one can destroy bitcoin. Not even the government..
This stablish kind of business that is already built a foundation both
in business men and the community here is already in the position of supreme dynamic.
Skieleton
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November 26, 2017, 08:06:46 AM
 #1213

One law and BTC goes to the underworld, if there is no stock market will trade on a larger scale, and the stock market is enough to cut off the bank accounts.
But do not count on it, since such BitDamp even has a PSD license means that the financier accepts it, they just have to come up with a way to control / monitor BTC users, but that is already happening, and they will do it by law.
Punisherx100
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November 26, 2017, 08:31:56 AM
 #1214

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

It is simply the users itself! It is like a business in the market, It is useless and you can't reach your goal if there is no one buying it. Customers is very important so in Crypto world also. We are the reason why Bitcoin is still on the line today so we can request for our suggestions also for us to become intact.

Naoko
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November 26, 2017, 12:57:52 PM
 #1215

I don't think that bitcoin can be destroyed...unless people will lose interest and stop buying it, as they say above...and then in time it will be forgotten...but it's more like a fantasy...how can you stop buying it?)
MrYan
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November 26, 2017, 01:08:21 PM
 #1216

if people would stop using it then it will no longer have value
WilderX
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November 26, 2017, 01:08:54 PM
 #1217

Quantum Computers will destroy Bitcoin.

They already exist and are exponentially growing in QBITS after they reach a certain number of QBITS they will destroy Bitcoin's encryption.

QRL is the next gen crypto ready for this.

ken0203
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November 26, 2017, 01:13:48 PM
 #1218

if all governments united to ban bitcoin then it will destroy. bitcoin will be not easy to destroy because if you want to destroy bitcoin you have to shut off the internet
turkmachiavelli
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November 27, 2017, 02:13:40 PM
 #1219

I think nothing. Btc or crypto money grow every day. Everyone start to learn about crypto money and They don't just learn at the same time You start to use ıt because they see that they gain money thanks to bitcoin .

378budiman
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November 27, 2017, 02:17:40 PM
 #1220

Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin.
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