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Author Topic: Can Bitcoin Ever Be Shutdown?  (Read 2883 times)
dado7
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April 21, 2018, 07:22:19 PM
 #341

I don't know, does it have a shutdown button?

Panpan66L
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April 21, 2018, 07:23:49 PM
 #342

the overall shutting down tha internet? Or total loose of interest and investmant on people side. Apocalypsis, lol. Something that I doubt will take place,
andi_wahid
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April 21, 2018, 07:53:28 PM
 #343

It will take a lot of manpower and horsepower to turn off bitcoin. Bitcoin moves and is sent to another wallet through blockchain. Blockchain is an online ledger that is updated regularly by multiple computers. This means you have to hack millions of computers to do it.
billykannithi
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April 21, 2018, 08:14:25 PM
 #344

Actually base on the history , there is a moment that Bitcoin was shut down by the bankers who say shit about Bitcoin like Jamie Dimon.
But after that effects, Bitcoin still continue to survive and become more and more better day by day even there are some drops cause of the hjack and speculations of some sharks and whales.
anatolykarpov
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April 21, 2018, 08:25:46 PM
 #345

Maybe during an apocalypse. Without electricity and internet.

So chances of Bitcoin being ever shutdown are almost zero in the near future.

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NABILA AKTER SHILA
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April 21, 2018, 09:08:30 PM
 #346

I hope to be able to completely shut down the Bitcoin network all Bitcoin nodes should be destroyed which is those computers that runs bitcoin client software and has a blockchain on it. as far as I know the bitcoin archive are in for conditioning,hard drive so no electricity, no internet not kill it.
Yakult
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April 21, 2018, 09:33:22 PM
 #347

Definitely yes. We cannot stop it if government take action on it. Eventhough bitcoin is recognized world wide it cannot be fully recognize by our government due to many reason.

Elerntta
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April 21, 2018, 09:46:41 PM
 #348

Probably either some technological, global, fatal errors, or a complete ban from the government.

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lida311993
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April 21, 2018, 09:57:18 PM
 #349

If the government of each country to ban bitcoin, it will definitely come to an end. It's a dubious scenario, but there's so much absurdity in the world, I'm not surprised.

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Pyr3x
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April 21, 2018, 10:03:18 PM
 #350

Bitcoin is on the world stage for quite a short time and something can really happen to it, because it is too young. But I hope all of our worst fears are just guesses and assumptions.

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Urbinklin
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April 21, 2018, 10:08:16 PM
 #351

I am sure that the bitcoin is able to overcome all the obstacles and inconveniences that are trying to create for it. This is a developing currency supported by first-class experts, which is why I am sure that the end of bitcoin does not threaten.
Tszone
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April 21, 2018, 10:16:34 PM
 #352

i really can't say but even if it is possible, it wont be easy. means the world has to come together and shutdown bitcoin network at once which is somehow not easy
awawo
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April 21, 2018, 11:01:34 PM
 #353

The only way the bitcoin network can be short down completely is only when the blockchain and the internet are completely turned off entirely and again the founder of bitcoin can also put an end to every but if not the above mentioned it is very hard for the bitcoin network to be shutdown in any format.
ffg56
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April 22, 2018, 11:01:53 AM
 #354

Everyone knows that 70% of the world's bitcoin is diverted from China. It can be said that China has the world's largest bitcoin exchange market. Once the Chinese Bitcoin exchange is closed down, it will probably be a devastating blow to Bitcoin and various digital currencies. After the news that all the Bitcoin exchanges in China were shut down was confirmed, the global virtual currency also drove a severe crash.
Chopmoney
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April 22, 2018, 11:26:01 AM
 #355

Bitcoin can only shutdown if there is no electricity and internet, these are the major factors holding up btc and increasing popularity
Lektor188
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April 22, 2018, 11:31:36 AM
 #356

Bitcoin can stop when people just forget about it, well, it's definitely impossible, bitcoin is profitable to use, can if the current in a few years it will become unpopular, may still ascend a new currency, better than bitcoin)
kucritt
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April 22, 2018, 11:32:20 AM
 #357

is the bad news come for bitcoin like all country in the world makes the policy about banned bitcoin forever i think bitcoin will be shutdown, but i think it will hard to happen because as we can know that there are many countries that support bitcoin and will develop bitcoin as their payment in their country

miradorme
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April 22, 2018, 11:37:05 AM
 #358

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?
Maybe it will shutdown if there is no more profit you can get to it. But it will never happen to shut it down until we are earning in bitcoin. Many people use bitcoin that's why it will never ever shutdown.
Artlee87
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April 22, 2018, 11:53:02 AM
 #359

If people stop buying it or losing interest or the entire electrical grid gets killed it may happen. That's definitely super likely though, right? /s
Cryptogid
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April 22, 2018, 12:27:19 PM
 #360

Bitcoin can never be shorten down,its community is growing like wild fire,many new users are joining by the second,meanwhile blockchain technology is taking over transactions,..so I really doubt bitcoin being shorten down,
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