Can Bitcoin Ever Be Shutdown?

[cordlesslake]

Reflecting well, as well as many web pages are invisible and only accessible in the deep web, governments could obscure, by mutual agreement, all web pages that treat cryptocurrencies and thus block the whole system. What do you think?

[alexsandria]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

To take the bitcoin network down might be a lot of work. They can remove access to it rather than shutting the whole network down. It would take a lot to take down this kind of network. They can also make laws that btc would be considered banned and illegal and that would lessem the users and eventually kil btc.

[assyla]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

There is no reason why will bitcoin will permanently shutdown, I think there are some possible factors that can shutdown permanently the bitcoin such as if the Internet will be gone, because Internet is one of the tool that usually use for us to have an access to bitcoin and other cryptocurrency.

[burakdat]

yes bitcoin will end but not now maybe in the near future. Bitcoin has its faith. To those who invested in bitcoin in bitcoin before probably has earned a lot of profit today. Yet bitcoin will come to.an end wether we like it or not because many will come to.invest and bitcoin price will go high. The market price would be expensive and we will be only loss in our investment. Some investors may profir but probably most of the profit will goes to the transaction fee in converting coins to fiat money. Relatively those transaction fee is so high. I guess it was 5% of the total value of btc or fiat money will be the transaction fee.

[doaremon]

This topic is similar with this one---

As you can see from the last couple of months price of bitcoin going down and down..
Is this the beginning of the end?

To me I don't think so. Bitcoin is the mother of all the crypto currency present. It's also the only crypto currency which is very old one. It made many invertors profitable due to it's value ups and downs. If bitcoin wanted to be shut down then it already would had been shut down.
So, I think it's just , Bitcoin is going through a bad moment that's all.

[andylowe]

Reflecting well, as well as many web pages are invisible and only accessible in the deep web, governments could obscure, by mutual agreement, all web pages that treat cryptocurrencies and thus block the whole system. What do you think?

Bitcoin can be shutdown. Yes it can be because bitcoin is an online job from the internet. So if internet will be shutdown then might bitcoin too because the source for us to work with bitcoin is an internet connection. Thats why we must need to take good care of everything for this to be safe in our hands.

[Ravenangel]

 well its a possibility that BTC can be shut down but only by individual countries not all at a go, its however very unlikely as BTC has attracted a variety of use that its just too important to shut down just like that

[Coleth]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

I don't think so... i think bitcoin will always be there even if in case it will surpass by another coin, it will still be existing. Because it has made a remarkable market already when the value shoot up to very high now even if it decrease it will soon be recover.

[rejekiku]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

In my opinion, today that cannt happen, but maybe in future.

[zedrickjuls]

Well, no electricity, and no internet connection would kill BTC for sure! You wouldn't be able to make any transactions without these.
Other issue can be all the countries in the world ban BTC, but this will not restrict it's circulation, as no internet connection do!

It's impossibe that bitcoin will be killed,and it's impossible that internet will be shoutdown because almost all business rely on the internet,our government do not allow this to happen becausevour economy will also suffer without internet.

[Blue Bell]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

as long internet and electricity still alive,no one can shutdown bitcoin.
and as long as people still believe in it,bitcoin circulation will kepp exist.

It is like so that bitcoin is the digital currency and its growth and it popularity is all about investors and all about the trust that people have for bitcoin, today it is new age where everything is getting about digital system so we are going to see a new system which is going to survive for long time. Bitcoin shut down is not possible because it is getting famous and some countries are trying to approach bitcoin as the legal currency for their country which is giving bitcoin a lot of space in the whole world.

[phelbaby]

If it is possible to be shut down, then the platform will not have been  here up to this time,this is due to it decentralized nature of the platform that is why it is impossible to being it down.

[whirlcoin]

Possible only if the internet was shutdown globally no other way to shutdown the bitcoin.The regulations and restrictions from the governments have no effects on using the bitcoin but people need to know these to avoid unnecessary panic.

[Monette2k17]

This is not possible, bitcoin value still highest in all coins that's why it will not shutdown

[ewuyiswang]

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[pragna]

I don't think so because it is a blockchain based currency. Tomorrows world will lead blockchain. now people are so busy and not enough time to bear hard cash in everywhere. So BTC is the alternative in there where people will do all payments from same desk. So how it can be vanish??

[Masongrae]

Well, no electricity, and no internet connection would kill BTC for sure! You wouldn't be able to make any transactions without these.
Other issue can be all the countries in the world ban BTC, but this will not restrict it's circulation, as no internet connection do!

Yes, you have a point, no electricity, no access of internet, no interenet you cant work/use bitcoin which may shutdown bitcoin. But thats not gonna happen, Electricity is always on around the world, It uses and important for all, and even for BPO campanies or other bussiness firms which uses internet. It may kill those companies as well if there is  no electricity, which is not allowed to be happen for it is for the economy. And  same for the bitcoin as well.

[zafaryaqoob]

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

I can't imagine What I do when bitcoin ever be shut down When It shout down then Think about it.

[Yakapo]

Its very unlikely that BTC will ever be shut, as it has gained a wide market coverage and usability, most people are already using it.  if it were to be shut down there will be a big uproar from its millions of users,  i dont think it will ever happen

[Markupoltit]

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I think when bitcoin is shutdown, I imagine that I can't help my parents anymore for their daily needs, I can't help my fees in my studies and I will be drop in school if I don't have a money to pay my school fees, but I believe that it will never be happen that bitcoin will shut.