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Charloz24
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February 22, 2018, 11:13:57 PM |
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Why do people get the idea that bitcoin is tiny? I do not understand(
Given the fall of bitcoin does not foretell troubles, just after the next fall, it managed to grow by 100%, so now there is just a small correction in the market and soon we will see its growth again! To the moon!
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Whoever mines the block which ends up containing your transaction will get its fee.
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Liza Soberano
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February 22, 2018, 11:18:54 PM |
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There is a chance that bitcoin could be destroyed if governments make a move to ban it. We should support and never take advantage of it to preserve and protect it. Bitcoin is not recognized as a currency so it is not advisable and recommended by the government.
Yes anytime bitcoin can be destroy by the government but its not that easy to do. As many investor now in bitcoin I believe that they wont let it happen. If I were you I must enjoy using bitcoin as long as it was existing and just go with the flow of it. Maybe soon government will support bitcoin too. No one knows but its not bad to believe on it right? Just value everything that you have. |
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Umkar
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Activity: 364
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February 22, 2018, 11:46:14 PM |
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Bitcoin is already almost impossible to destroy. There is no longer any chance that the governments of the whole world will unite to prohibit bitcoin, since it is already recognized by a large number of them and is marked as a revolutionary and promising form of financial calculations. Bitcoin can be destroyed only if people stop using it and use it. However, this is also very unlikely, since those who have already become acquainted with it and have had an opportunity to evaluate its functionality as crypto-currencies remain very high opinion about it.
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Suharti12
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February 22, 2018, 11:51:32 PM |
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I have never thought about the destruction of bitcoin, maybe if all the countries around the world are united and simultaneously forbidding the bitcoin trade it might be destroying bitcoin, and I think it's not that easy, we can show positive properties for bitcoin so it does not happen .
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Bitcoinnumberone
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February 22, 2018, 11:55:13 PM |
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Is it possible to destroy bitcoin? No. What are the factors that can destroy it? Destroying Bitcoin is impossible -- both physically and figuratively. People could stop using it, and the blockchain would grind to a halt if all miners shut down. But Bitcoin wouldn't be "destroyed." At any time, miners could just pick up where they left off and the blockchain would continue. There is a chance that bitcoin could be destroyed if governments make a move to ban it.
Governments can discourage people from using Bitcoin. That's all. I strongly believe that bitcoin cannot be easily destroyed. It is a established cryptocurrency like the others. It also undergo trending and it just so happen that at this time, bitcoin is in its downtrend but it doesn't mean that it will remain as ease. |
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rodskee
Full Member
 Online
Activity: 2352
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
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February 22, 2018, 11:57:06 PM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts  the possibility for the totally bitcoin and all crypto goes die if the world internet organization order by the world government organization to stopped internet operation go shutdown all system, in this way of idea bitcoin goes totally destroyed and die in the market. but this scenario are very impossible because only the world war can stop the internet operation and bitcoin operation as decentralized currency if all system of internet destroy by war. |
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AimHigh
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February 22, 2018, 11:58:29 PM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts I don't think so that bitcoin can destroy even the government they can't stop or destroy bitcoin because this is have a investor who are most powerful than them. Even they ban bitcoin in their country do you think no one of their country men didn't use bitcoin? The one thing that can distroy bitcoin if the developer shutdown all the hardware or server that connected in bitcoin so that is the possible thing to destroy or stop bitcoin. |
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dificanovi
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February 23, 2018, 12:00:13 AM |
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bitcoin will not crumble easily, because bitcoin stands by sophisticated technology. one day bitcoin must be destroyed but it takes a very long time and possibly doomsday.
one that causes bitcoin to be destroyed ie the death of internet network and power failure.
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mokong11
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February 23, 2018, 12:00:37 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts Bitcoin is possible to destroy because its only a digital aspect of money you can not hold it only just see it by digital devices and the factors that can destroy it as all people say government can destroy it just like what korea do they ban bitcoin and no one can used it in their country. I think we can prevent bitcoin if more more people use it and more people and big companies support on it and invest to it thats the perfect thing I see to prevent bitcoin til future comes. |
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kyle999
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February 23, 2018, 12:10:14 AM |
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In my opinion, Bitcoin cannot be destroyed unless it will be sent to a wallet where no one can access the private keys similar to coin burn. Destroying bitcoins means an upsurge on bitcoin that is left, it will have price spike since the small the supply, the higher the price. Even though it is totally ban by a country, there is still a way to use it underground as long as there is internet. Its hard to "destroy" it.
that's right and I think they do not have the right to destroy the bitcoin because it has a lot to help around the world and for a long time it will bring a good future. |
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princesspoppy
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February 23, 2018, 12:13:43 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts I think bitcoin can be destroyed but it will take a lot of time and effort to make it happen. Bitcoin is a crypto currency which is alive in crypto world and I think it will only be destroyed if the world of cryptos die as well as the internet used to have access with these cryptos. If government wants to destroy bitcoin, the only way to make it happen is to stop using internet and ban it totally so no one can access it which is impossible. In other words, bitcoin is impossible to destroy. |
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Asuspawer09
Sr. Member
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Cashback 15%
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February 23, 2018, 12:20:46 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts I don't see things to destroy bitcoin but what I have been rrading are demand for losing it. Yet others are through manipulation and some sorts of banning in an specific country. I guess it would jut hang on that, no less and no more. |
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antagonist
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February 23, 2018, 12:22:26 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts only way for us to become more sure of this one is if we are persons who use our fist to destory bitcoin  haha i cannot say for sure if bitcoin become destroy in future , maybe if you buy for me crystal ball i better know answer of this question for you |
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Ris88
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February 23, 2018, 12:28:35 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts Maybe the weakening of Blockchain transactions, or too little shipping costs, and no mining works in Blockchain, which eventually makes bitcoin crumble !! |
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Babylon
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February 23, 2018, 12:29:18 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts No, if I ask? bitcoin is very difficult to destroy because it really is really good. Many people want it to end but they are frustrated and just give up. Yes we know that people are strengthening bitcoin. And the man can break it. But in our day now the more bitcoin supports, than the destructive people who want to end it. Hopefully we will continue to support bitcoin and let's not lose it forever. |
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Hanablue
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February 23, 2018, 12:30:31 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts No, if I ask? bitcoin is very difficult to destroy because it really is really good. Many people want it to end but they are frustrated and just give up. Yes we know that people are strengthening bitcoin. And the man can break it. But in our day now the more bitcoin supports, than the destructive people who want to end it. Hopefully we will continue to support bitcoin and let's not lose it forever. Yes if it was that easy then it could have been destroyed billions of times by the governments until now. |
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lasry
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February 23, 2018, 01:50:31 AM |
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Nope. Bitcoint cant be destroyed. The blockchain technology is known to withstand hacks through its advancement.
BUT in other way, I can say bitcoin can drop price SOMEHOW, assume all the investors sold their bitcoins, notice how the price will fall down. That way bitcoin might be destroyed.
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newguy05
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February 23, 2018, 07:40:06 AM |
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Bitcoin can not be destroyed. It can be hit the prices of bitcoin can be soar a lot but not disappear, there might be several reasons, government policies, technological improvements.
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Sevarchik
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February 23, 2018, 07:46:51 AM |
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bitcoin still #1 crypto in market cap and in price. I dont understand how it bestroyed
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joshua05
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Activity: 310
Merit: 103
Rookie Website developer
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February 23, 2018, 07:56:57 AM |
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Is it possible to destroy bitcoin? What are the factors that can destroy it? How can we prevent this event to occur if this is possible? Share your thoughts Bitcoins destruction has been a bothering news years ago, but as we can see, its rate has been continuously growing and growing it has been really successful through out the years and we can tell differences from the passing years. Though we can tell the future we can make it happen that bitcoin can be successful, more successful through the future and coming years. |
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