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Author Topic: Bitcoin will kill itself  (Read 3952 times)
ningrum
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May 13, 2018, 12:04:47 AM
 #101

It may have sense. Since bitcin depends on the users
yes that's the state of bitcoin gan, it is fixated on the user, because the user it is one of the symbols increased bitcoin so far. so if there is no user then bitcoin will be destroyed.

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Random walker
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May 13, 2018, 12:05:38 AM
 #102

I wonder whats the point of this kind of discussion...
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May 13, 2018, 12:11:01 AM
 #103

One of the best features of Bitcoin is it's anonymity. This is also one of the reason why countries are banning or at least hesitant to embrace the technology. From money laundering to illegal drug transactions to human trafficking. We always blame the FUD from mainstream media, financial institutions like banks, the government etal. But do you think, the one that would "kill" Bitcoin is actually the nature of it.

Here's another news where Bitcoin was being used in an illegal activity. This will raise a lot of eyebrows because it concerns our children.

http://www.news.com.au/finance/money/investing/bitcoin-could-become-illegal-after-its-blockchain-was-discovered-containing-child-abuse/news-story/bf486e6e8de453fd7ad2abba019952dd 

Its true that bitcoin is design as anonymity thats why its called a digital system,because its  form as many integral numbers that cannot been seen only a figures,but as your words said that bitcoin will kill its own self because its can be use in any illegal activities ,i thinks that so unfair for the bitcoin because only the people who use this are making bad of the bitcoin and not the bitcoin on itself.actualy bitcoin is designed for the purpose on to help people and economy to become capitalize country and not for destroying the mother nature.

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redhorsebeer1980
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May 13, 2018, 01:47:22 AM
 #104

Government in other countries are rulled entirely differently.People are there simply not accepting bitcoin for their goods and services because of environmental consciousness.The main reason why bitcoin is not accepted in other country because of its high chance of possibility to be use in illegal purposes but country with very tight security can handle bitcoin so that it will not be use in illegal activities or the country has very low crime rate for sure they are ok to use bitcoin.
Siren
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May 13, 2018, 02:13:04 AM
 #105

One of the best features of Bitcoin is it's anonymity. This is also one of the reason why countries are banning or at least hesitant to embrace the technology. From money laundering to illegal drug transactions to human trafficking. We always blame the FUD from mainstream media, financial institutions like banks, the government etal. But do you think, the one that would "kill" Bitcoin is actually the nature of it.

Here's another news where Bitcoin was being used in an illegal activity. This will raise a lot of eyebrows because it concerns our children.

http://www.news.com.au/finance/money/investing/bitcoin-could-become-illegal-after-its-blockchain-was-discovered-containing-child-abuse/news-story/bf486e6e8de453fd7ad2abba019952dd 
So whats the matter with that when bitcoin has been used for illegal activity?wasnt the physical money has been using too?so what does the difference of using bitcoin and money using for illegal?

Stop fud,stop throwing badthings about bitcoin and cryptocurrency,if youre not happy here then you can easily go and leave this community
VeronAncient
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May 13, 2018, 02:18:51 AM
 #106

In my opinion. which can damage bitcoin is the bitcoin user itself. if bitcoin users can not use wisely then there will be a crime that starts from an illegal transaction involving bitcoin. we can not control all bitcoin users to use this technology wisely because bitcoin users exist throughout the country and consist of a wide variety of people with different kinds of traits.
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May 13, 2018, 02:22:41 AM
 #107

Fiat has been used illegally also. Money Laundering cases all over the world. But that has not killed Fiat. Why bitcoin?

I don't think bitcoin can be killed BTW
Grechkatx
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May 13, 2018, 07:20:27 PM
 #108

Well, no, bitcoin is currently doing everything to survive, and noticeably manifested itself, grew well, and in General, according to statistics, clearly a favorite, a good coin.
senin
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May 16, 2018, 06:57:02 PM
 #109

One of the best features of Bitcoin is it's anonymity. This is also one of the reason why countries are banning or at least hesitant to embrace the technology. From money laundering to illegal drug transactions to human trafficking. We always blame the FUD from mainstream media, financial institutions like banks, the government etal. But do you think, the one that would "kill" Bitcoin is actually the nature of it.

Here's another news where Bitcoin was being used in an illegal activity. This will raise a lot of eyebrows because it concerns our children.

http://www.news.com.au/finance/money/investing/bitcoin-could-become-illegal-after-its-blockchain-was-discovered-containing-child-abuse/news-story/bf486e6e8de453fd7ad2abba019952dd 
I think not, because bitcoin is made just to be a medium of exchange, a currency to be exact. The mentality of the kills the bitcoin. The unlimited wants and unsatisfactory of the people leads for the decline of bitcoin. People kills the nature as well as the bitcoin.
That's for sure. Bitcoin was created in order to be a means of payment, that is, to fulfill the role of digital money. The fact that people constantly buy and hold it, seeking to profit from the increase in its value, can lead, if not to its death, then practically to its depreciation. If bitcoin is used primarily as a means of accumulating value, then it will artificially grow in value as a bubble and someday it will burst from the panic that has arisen and depreciate.
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May 16, 2018, 07:02:14 PM
 #110

Bitcoin not going to kill itself because last time other countries don't accept it. but everyday its reputation is rising and if it isn't happening to use in illegal process bitcoin is not going to finished. Bircoin will be alive much long and I am very much confident about it.
daarul50
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May 16, 2018, 07:05:31 PM
 #111

I do not see from the bitcoin user side because the user has the freedom to transact and that happens with fiat currency. I prefer to see the technology used bitcoin because this technology is much more efficient than the economic technology that the majority is now used by all banks in the world.
Panpan66L
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May 16, 2018, 07:08:17 PM
 #112

This is real, but just imagine in how much criminal dark deals was the dollar involved, so we are not talking about rejecting a USD
CGPA
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May 16, 2018, 07:14:34 PM
 #113

There are good and bad aspects of every thing. There are also some difficulties and risks in using Bitcoin. But that does not mean that due to these reasons bitcoin will be destroyed. In this case, the concerned authority should ensure the proper use of Bitcoin and through this, it should be ensured that any crime can't organized by using it.
act now
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May 16, 2018, 07:41:18 PM
 #114

In addition to bitcoin, there are other coins, even more anonymous. A striking example is Monero. I think that over time the value of this coin will only grow. Those who mine this coin and hold it will get a good profit.
Pan Troglodytes
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May 16, 2018, 08:25:26 PM
 #115

For each country that bans it there are two countries that accept it and three countries that just sit and watch and wait. As the power of bitcoin lays in its decentralization (that it is in fact people's currency), it will be very hard for government or even for governments to stop it.

Take Germany as an example of a country that accepts it and welcomes it.
allohha
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May 16, 2018, 09:01:05 PM
 #116

For each country that bans it there are two countries that accept it and three countries that just sit and watch and wait. As the power of bitcoin lays in its decentralization (that it is in fact people's currency), it will be very hard for government or even for governments to stop it.

Take Germany as an example of a country that accepts it and welcomes it.
many governments have already issued a statement that Bitcoin is a danger to their national interests. Apparently, each official pursues his goals, trying to prohibit the legalization of the crypto currency. Apparently they do not want to pay taxes, because they themselves have a crypto currency in their accounts .
baho11
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May 18, 2018, 02:29:43 AM
 #117

I dont believed that bitcoin will kill itself , as I observe bitcoin is trying and making some ways to overcome price declination  .Rising and improving their capacity and ability to reach and achieve the best price against other forum thats what I see and observe from bitcoin.
toast
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May 18, 2018, 02:56:17 AM
 #118

One of the best features of Bitcoin is it's anonymity. This is also one of the reason why countries are banning or at least hesitant to embrace the technology. From money laundering to illegal drug transactions to human trafficking. We always blame the FUD from mainstream media, financial institutions like banks, the government etal. But do you think, the one that would "kill" Bitcoin is actually the nature of it.

Here's another news where Bitcoin was being used in an illegal activity. This will raise a lot of eyebrows because it concerns our children.

http://www.news.com.au/finance/money/investing/bitcoin-could-become-illegal-after-its-blockchain-was-discovered-containing-child-abuse/news-story/bf486e6e8de453fd7ad2abba019952dd 
everything that will experience the development and success there will be a challenge one bitcoin where bitcoin will progress and popularity in the investment must have a lot of bad news received

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kasemin
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May 18, 2018, 03:32:20 AM
 #119

Yes it is a well known fact that many web sites in the dark network operate with Bitcoin and there are only dirt and garbage from people. You can not blame Bitcoin for that, because it's the same as blaming the internet why pornography exists. The media that publish this article wants to have more views and more readers and will do whatever it takes to achieve this goal. It is said that you can apply the same and separate logic.
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May 18, 2018, 04:08:59 PM
 #120

This is definitely impossible. Bitcoin will not kill itself, but those individuals that are making a move to lower the value of bitcoin. These are the individuals that spread false news and fake ICO which ruins the credibility of bitcoin.
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