What will destroy the bitcoin?

[vionas]

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.

Which can destroy bitcoin is; doubts, fears, panic, so it will kill our confidence in bitcoin, and when that happens bitcoin will be left off and bitcoin will actually die.

[Btcmarmipp2]

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 both agree, media, investor or people who are negative about bitcoin can possibly destroy it. Some people will use bitcoin to scam so that they can earn money. With that impact people now will not believe and invest to it.

[yoseph]

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.

Unfortunately this is very true and with the current crop of investors that we have, that is those who are quick to immediately sell when they hear rumors or FUD, This is actually one of the reason why the value keeps plummeting all the time and the currency is so volatile.

[lamcouz]

FUD may or may NOT kill Bitcoin. That all depends o the spirit of the People. If people run after Bitcoin only for its speculative value, then yes, FUD will easily kill Bitcoin in the end because if the price drops to 0 no one except some very clever whales will want to invest in it. FUD works on the mainstream populations as does the mainstream Media spread all the bad news very fast to all the people, everywhere. Only if people believe in the whole idea BEHIND BITCOIN, then FUD can never destroy Bitcoin because Bitcoin will rule in the hearts and minds of us and not be moved.

[pinggoki]

There are many ways that could possibly terminate bitcoin like the absence of internet which is very impossible to happen, completely no usage of bitcoin  and by investors. Investors has the biggest impact in this community because look, if there's no one invest upon it then there will be no fund and if no fund it will shutdown and it will die.

[Vanester2014]

If miners and holders or investors leave bitcoin into the air the  maybe bitcoin will be distroy but as long as some one even a few people only using and traded bitcoin it will continue to live.

[Dod Ong]

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.

I think no one can destroy bitcoin, but if all the countries help each other to destroy the bitcoin I think the bitcoin will be destroy. I dont want to destroy the bitcoin because the bitcoin is the only one that gives me a income or money. I want to earn more money to support my family in our daily needs or our daily expenses.

[gates]

Those, who provide the existence of Bitcoin, can destroy it as well. They are investors and miners. Bitcoin will loose its value and become useless if nobody buys it.

[kikoy999]

Bitcoin breaks down people who are here because they want the bitcoin to fall because many people are helping it and the poor are getting rich.

[Btcalimie]

The thing that can destroy bitcoin is banning. If all the country will ban bitcoin then most probably bitcoin will be gone.

[qwertyup23]

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.

Unfortunately this is very true and with the current crop of investors that we have, that is those who are quick to immediately sell when they hear rumors or FUD, This is actually one of the reason why the value keeps plummeting all the time and the currency is so volatile.

Just like any investment mechanisms when investors pull out their investments from a certain company, it slowly becomes obsolete thus terminating its existence in a short matter of time. Unfortunately, the recent news circulating about bitcoin are mainly prejudicial conspiracies that primarily affects its price on the market supply which makes investors skeptical.

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 both agree, media, investor or people who are negative about bitcoin can possibly destroy it. Some people will use bitcoin to scam so that they can earn money. With that impact people now will not believe and invest to it.

Well indeed, media has the capacity and power to influence new/existing investors regarding the circulation of news about bitcoin. Remember, everything that involves money also implies that there may be an underlying reason behind such news, backed out by the government or large trading companies who wants to oust bitcoin out of the picture.

[catur123]

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.

[Aragorn_125]

I agree with you. All our investments in bitcoin depend on the whales of this coin. But, after all, with other currencies, even with the dollar, is it not the same? So we just do not need to take the media seriously

[Xester]

Bitcoin is not invincible it has many factors to consider to stay alive. First is the trust of the people, without the people giving bitcoin their support and trust bitcoin will not become a currency online but just a number on a address. Second, the internet connection, without the internet connection bitcoin will die since it can no longer make any transactions online.

[dridinho]

I think it's simple ... us the bitcoin believers are the only people who could destroy bitcoin , while the community is there like now developping with all this amount of people bitcoin will be still alive forever .

[BlackRacerX]

Bad media and the death of the blockchain. When the blockchain dies, it drags both bitcoins and other cryptocurrencies with it. They all thrive in that blockchain and losing the blockchain technology would mean the death of all cryptocurrency. Bad media will also contribute greatly because bitcoins are perceived to be online scams, which are not and it is a thriving business.

[jakoylantern]

For me, bitcoin can be destroyed by its self, people, and other cryptocurrencies. We all know that bitcoin is limited to 21 million so what will happen if bitcoin reach its limitation, it can become much expensive or worthless. I can say that people can destroy bitcoin because we are the users, we all know that bitcoin is only a digital currency. If all government sectors prohibit and ban bitcoin no more users and the acceptance of bitcoin will decrease so in short bitcoin will be useless. Other cryptocurrencies can also destroy bitcoin its because they are the second placer if bitcoin lose its value and popularity another cryptocurrency will take the lead and bitcoin will be pointless.

[Angelina Jolie]

Nothing. Bitcoin will improve and improve over time. In most cases, there will simply be no need for other cryptocurrency. Support for smart contracts and more privacy will appear soon

[arteme]

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.

[marabanda]

At the moment, the main threat is represented by banks, since they have been managing the world economy for a very long time ... and consequently they will try in every possible way to hinder the development of bitcoin or any drift of the crypto currency.