Bitcoin Forum
July 01, 2024, 09:19:28 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 »  All
  Print  
Author Topic: What will destroy the bitcoin?  (Read 1382 times)
poplolnman
Legendary
*
Offline Offline

Activity: 1442
Merit: 1008



View Profile
April 09, 2018, 08:04:49 PM
 #261

Only thing that can completely destroy bitcoins is US government banning bitcoins completely and making it illegal. Chances of this happening are next to 0 though.
Just US government? I don't think so.
Here I tell you that Bitcoin are standing alone or people more familiar to a system called decentralized, the only thing , the only one who can make a huge impact it is you , your own action , each of you can move the Bitcoin ecosystem into a better or worse situation.
So just support Bitcoin with whatever you can do , as simple as use it for a daily currency to keep it alive. Small action decide a big thing.

I'm in 400,000 euros debt , dont help me , i rather die
Invest.Ort
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
April 09, 2018, 08:10:54 PM
 #262

Bad news, whales and bitcoin competitors can do this. It is based only on people's beliefs
Ravenangel
Member
**
Offline Offline

Activity: 448
Merit: 10


View Profile
April 09, 2018, 08:19:47 PM
 #263


The freedom of BTC will be its own undoing, the fact that it cant be controlled makes it an easy method of pay for criminal activities that will earn it very bad image. The governments not legalizing BTC will also lead to its undoing.if the governments keep fighting BTC, it might not last long

Bitcoin to the moon
Melon12
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
April 09, 2018, 08:33:06 PM
 #264

I think the bad news or negative news starting destroy Bitcoin,some selfish  people like to destroy Bitcoin they do anything  to destroy Bitcoin,but bitcoin is very strong.
roomboy85
Newbie
*
Offline Offline

Activity: 151
Merit: 0


View Profile
April 09, 2018, 09:45:03 PM
 #265

I think without the investor's bitcoin will destroy or the value of bitcoin falls. Secondly, if the internet went gone or somebody banned the access bitcoin will be dead.
Sumo
Hero Member
*****
Offline Offline

Activity: 1098
Merit: 500



View Profile
April 09, 2018, 09:50:11 PM
 #266

Bitcoin can destroy only the disconnection of the Internet around the world and the worldwide regulation of States. The first is absurd. The second, too, is unlikely. But always need to have plan B in stock.
Tilim@Tilim
Member
**
Offline Offline

Activity: 350
Merit: 10

Fast, Smart, Trustworthy


View Profile
April 09, 2018, 09:51:32 PM
 #267

Since the wheel was invented it never stopped rolling. Bitcoin is the wheel of pure water flowing in the river. If the water is dirty it is not the water that is in the cause but the one that dirtied it.

FST Network   Fast, Smart, Trustworthy.   Bounty
Medium   Facebook   Twitter   Telegram
cybersofts
Copper Member
Sr. Member
****
Offline Offline

Activity: 658
Merit: 284



View Profile
April 09, 2018, 11:00:27 PM
 #268

Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
Well, I think there is nothing that will kill the bitcoin as long as the internet is alive. The only way to kill bitcoin is to kill the internet first, which is also not possible as the people are now depending on the internet more and more to live their lives. Many companies in the world are now depending on the internet to run their operations from SCADA systems to microcomputers connected to their network. Killing the internet just because of bitcoin means going back to stone age. Smiley
kenelmark
Sr. Member
****
Offline Offline

Activity: 1204
Merit: 250


View Profile
April 09, 2018, 11:28:36 PM
 #269

Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
Investors can destroy Bitcoin and the current Crypto market. Investors are the ones who decide the survival of all, it will continue to exist as long as the investor, and it will disappear when investors abandon it to choose a new more potential.
You have some point here, if investors stop supporting bitcoin and focus to another project or another system that they think that will be much usable,
then bitcoin can be in doom, we know that it is a business where investors always looking for a big potentials to grow their investment, if they feel
unsafe with bitcoin then they will look for another investment to place their money, making a lots of negative effects including to complete failure of the chain, if worse come to worse and they stop using the chain.

and it will not happen. businessmen can only see profit. Bitcoin will still be a profit for another investors when current investors find another projects to gain. Bitcoin is a product of blockchain technology which develops along the time. Business can stagnant, but technology grows. Blockchain technology grows, bitcoin survives.
dianepot
Member
**
Offline Offline

Activity: 392
Merit: 10


View Profile
April 10, 2018, 05:39:01 AM
Last edit: April 10, 2018, 06:05:23 AM by dianepot
 #270

Nothing can ruin the industry of bitcoin, from the fact that using bitcoin is hassle free. There is no one who operates the bitcoin network. It is commonly known as a decentralized network of computers around the world that keep track of all bitcoin transactions, similar to the decentralized network of servers that makes the internet work. Because there is no one who really is behind the operation of bitcoin. It means that no one can reveal any user's identity. What hinders the most is when a government restrict its corresponding territory to use bicoin.
Harper6
Newbie
*
Offline Offline

Activity: 255
Merit: 0


View Profile WWW
April 12, 2018, 04:17:45 AM
 #271

I agree with you, which affects the bitcoin price is the medium when facebook closes the crypto advertisement with bitcoin price up to 12% for my knowledge.
so it's true that ad closures greatly affect prices and create panic in the holders and investors of the world.
We can’t take the news circulating around us about the negativity being posed related to the use of digital assets. This could merely be a step by the authoritative bodies of the state so that the paper of legal currency could get an edge on the user’s end as it has been masked greatly by the introduction of digital form of money in the market.
Danlopz
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
April 23, 2018, 06:13:30 AM
 #272

I think you are right up to somewhere but I believe that bitcoin can be end by internet because its only available on internet if you have internet then you have bitcoin if you don’t have internet then you don’t have bitcoin.

Nothing can kill him globally unless there is a global disconnection on the internet that is highly unlikely. Maybe one day when the total limit of coins is mined and prices skyrocket as never seen before and regular people stop using bitcoin and buy because the price will be too high. Or maybe somehow bitcoin loses its demand in the market or people start not trusting bitcoin for something that might have happened and it makes people lose confidence in Bitcoin.
qtronix
Member
**
Offline Offline

Activity: 596
Merit: 10


View Profile
April 24, 2018, 09:53:24 AM
 #273

I am close to your opinion, but the people themselves will be able to destroy bitcoin. If governments and the media resist the new technology, it will greatly hinder the formation of cryptocurrency.
bitbunnny
Legendary
*
Offline Offline

Activity: 2912
Merit: 1068


WOLF.BET - Provably Fair Crypto Casino


View Profile
April 24, 2018, 10:01:00 AM
 #274

I think that Bitcoin can be destroyed only by users itself. In a sense that they don't want to use it anymore because of huge loss of value or something similar. This is not likely to happen but still it's possible in some artificial scenario and this would be destruction as a value and payment system.
But as a technology it can't be destroyed.

S_tring
Full Member
***
Offline Offline

Activity: 252
Merit: 102


OPEN Platform - Powering Blockchain Acceptance


View Profile
April 24, 2018, 10:43:00 AM
 #275

I think that bitcoin will die or collapse only when it stops buying at all and absolutely no one will need it.this is the destruction of bitcoin

OPEN Platform | Powering Blockchain Acceptance [ICO]
❱❱❱❱❱❱❱❱❱❱❱❱❱❱❱Blockchain's First Payment API❱❱❱❱❱❱❱❱❱❱❱❱❱❱❱❱
Whitepaper  ●  Slack  ●  Facebook  ●  Twitter  ●  Reddit  ●  Telegram
bitvelk
Member
**
Offline Offline

Activity: 406
Merit: 10


View Profile
April 24, 2018, 10:45:16 AM
 #276

Bitcoin will die if most countries and rulers of the world do not allow it to develop. Now the situation of bitcoin is very unstable, and States may well stop it...

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Telegram  |  Bip Wallet  |  Twitter
Ray3z
Member
**
Offline Offline

Activity: 188
Merit: 10


View Profile
April 24, 2018, 10:50:10 AM
 #277

Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
Investors can destroy Bitcoin and the current Crypto market. Investors are the ones who decide the survival of all, it will continue to exist as long as the investor, and it will disappear when investors abandon it to choose a new more potential.
I only see that investors will kill the growth of bitcoins since they are the reason why bitcoins is also popular right now. The value of bitcoins last december 2017 has reached 19k dollar and because of that, there are a lot of new investors who are keep on investing today in order to earn more profit when there will be a huge pump in the market again.
Investor? Its more appropriate to say the big player which is playing the market up and down and sometime dump it very low and make the other investor panic and maybe bitcoin is in bad condition. But most likely, government is the first reason of bitcoin fail because they are starting to ban it.
bad_apple
Newbie
*
Offline Offline

Activity: 150
Merit: 0


View Profile
April 24, 2018, 11:01:37 AM
 #278

We, ourselves, can destroy bitcoin. It is just a matter of those investors if they back-off on bitcoin as these people makes bitcoin survive. The policies also affect bitcoin as those who implement it have a thing against bitcoin and it may result to its downfall. The criminals who do bad things such as threats, robbery, scam, and the like are most likely the reason why other people who would like to invest are scared enough to do so.
money1122
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
April 24, 2018, 11:02:26 AM
 #279

That will destroy Bitcoin is ourselves. When we do not use Bitcoin then the price of Bitcoin will continue to decline. The current price is because many people trust and use Bitcoin, keep support to Bitcoin and we will feel the benefits. When we do not use Bitcoin then Bitcoin will slowly disappear and will not mean anything at all.
Tipsters
Sr. Member
****
Offline Offline

Activity: 630
Merit: 251


View Profile
April 24, 2018, 11:17:19 AM
 #280

Bitcoin appeared in 2009, eight years, the total value of the circulation of bitcoins up and down 200 billion US dollars. Bitcoin was declared "dead" by the media countless times. However, it is undeniable that the media has a huge influence. Therefore, with each media claim that "bitcoin is dead", the price of bitcoin will drop sharply. The magic is that every time Bitcoin is alive, its price has hit a new high all the way. In other words, in the face of so-called drug poisoning amateur media reports, bitcoin gradually developed "resistance", negative media coverage for the impact of bitcoin prices getting smaller and smaller. What will eventually destroy bitcoin? If there is a force that can destroy bitcoin, it must be human greed.
Bitcoin cannot be possibly destroyed because the technology is currently taking over. We humans are the fuel that gives these machines motion and once we invent something, we cannot fully destroy it. The government and the media both have the same tactics to put a stop to the cryptocurrency world but they do not stand a chance against bitcoin.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!