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Author Topic: What will destroy the bitcoin?  (Read 1382 times)
kiki80
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April 24, 2018, 01:59:01 PM
 #301

One of the biggest problems facing many blockchain platforms is scalability and can destroy the popularity of bitcoin and etherum, and government rules can also be a risk of financial anonymity can create an environment where regulation will destroy bitcoin so potential government regulation has limited access to bitcoin and digital currency exchange others.
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April 24, 2018, 02:03:15 PM
 #302

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, still support Bitcoin and we will benefit. When we do not use Bitcoin, Bitcoin will slowly disappear and will not mean anything. some hallain also affects the value of bitcoin such as war, or world economic crisis.
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April 24, 2018, 02:07:21 PM
 #303

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.
If there is a new coin that is more advanced and has many benifit to people I think it might become bitcoin's rival from people. As you can see there are still flaws of bitcoin and it is not widely accepted in most of the countries in the world. So if bitcoin will develop I think many countries will now accept bitcoins.

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Cryptpopo
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April 24, 2018, 02:07:35 PM
 #304

bitcoin can only be destroy if there is no government policies to guide it,and if there is there is no code of conduct for it
florinda0602
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April 24, 2018, 02:10:21 PM
 #305

There's a high probability that government will destroy the Bitcoin. If the officials want to destroy it, they can do it because of their power and authority. On the other hand, it will not be easy to destroy Bitcoin.


I think the only thing that can destroy bitcoin is the internet itself because bitcoin is nothing without the internet. Every bitcoin transaction we do needs an internet connection.
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April 24, 2018, 02:12:54 PM
 #306

For me nothing will destroy bitcoin. If bitcoin was able to destroy, it will be destroyed now.
There were many people, companies, that trying to deny bitcoin, but bitcoin is still exist untill now.
sherwinaze
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April 24, 2018, 02:14:08 PM
 #307

 I think bitcoin will destroy if  people not support bitcoin anymore and  and if people stop investing and use bitcoin. but that's never gonna be happen because every crypto holder need bitcoin to get big profits.
daarul50
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April 24, 2018, 02:15:20 PM
 #308

I have not found any factor that can destroy the development of bitcoin so far. I judge what makes bitcoin unacceptable to some countries is because bitcoin market capitalization is still not enough so that the market is still in the growth stage. Bitcoin will only experience destruction if it is completely abandoned by its users.
jonas5222000
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April 24, 2018, 02:21:33 PM
 #309

There are many things that could destroy this bitcoin,one of these is the govermentthey have the power to control many things in our society and comunity and the other one is buyer of bitcoin also know as investor they have a big impact in price of bitcoin and i think they can destroy it.

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April 24, 2018, 02:25:18 PM
 #310

I am not sure why bitcoin is down. i think investor or miner problem or than china band bitcoin and bitcoin prise is down. But after some days bitcoin prise is step down. So that many people are not interested in bitcoin.
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April 24, 2018, 02:28:29 PM
 #311

which will destroy bitcoin, only internet access although now there is a lot of negative news about bitcoin, but it will only make bitcoin prices down, but if in the world there is no internet access, it will make bitcoin destroyed, because bitcoin can only be used if there is internet access .

Jamescur
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April 24, 2018, 02:41:43 PM
 #312

BTC now has the value of investment, no threat to the dollar!

BTC can be destroyed only if all the countries in the world ban BTC!

Only national governments can kill BTC!
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April 24, 2018, 02:47:57 PM
 #313

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 will end when there are only cryptocurrencies worldwide, and one that is more successful due to its method of transfer, reliability and volatility
BitcoinPanther
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April 24, 2018, 02:50:10 PM
 #314

As most of the digital interface is reliant on electricity, perhaps the only thing that could destroy bitcoin is wide spread electricity black out.

As data can be transferred even without the internet (even the primitive morse code can transfer data, and radio frequency too), the lack of power supply spread through out the globe can put bitcoin to an end, electronically speaking.

But conceptually, anything can be destroyed one way or another, and the same remains true for bitcoin.  Everything has a kryptonite so to speak.

Of which will hurt bitcoin much? Only the future can tell.
ashlyvash00
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April 24, 2018, 02:52:33 PM
 #315

Will there no things in this world that can exist forever. Even human life. We are just passing away. But we hope bitcoin will never destroy not this era
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April 24, 2018, 02:53:58 PM
 #316

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.
Those people who use bitcoin in a bad way will be the one of the reasons why bitcoin could be destroy in the near future. If government strictly bans bitcoin all over the world because of this bitcoin will be erased from the market or it will destroy itself because no one already wants it.

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April 24, 2018, 02:56:53 PM
 #317

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 that governments rules can destroy Bitcoin if they decide to ban bitcoin and cryptocurrency. Hacking is threatening too.
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April 24, 2018, 03:00:39 PM
 #318

Bitcoin will exist as long as there are computers running a full node.
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April 24, 2018, 03:07:01 PM
 #319

Regulation. Countries will regulate or even ban it. There is too much at stake in terms of lost tax revenue and also national security.

Hmm, I agree on this one mate.
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April 24, 2018, 03:10:05 PM
 #320

bad news about regulation can destroy bitcoin slowly
and the biggest threat to bitcoin is the global EMP

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