Bitcoin will kill itself

[warning_btc]

Btc already cross this line. big specialist working on this product and very reach peoples support them.
Death btc in one day its not possible

[Kingjagat]

BITCOIN is termed by the skeptics as bubble... I myself considered bitcoin as the bubble, with its high risk and uncertainty in future. It is possible that bitcoin might kill itself but not the cryptos.

I think it has nothing to do with bitcoin. every discovery interfere in human history was originally had been through phases of this, as well bitcoin. Unfortunately, some early adopters of all new technology has become the criminals. their activities involving the operation of high-risk, so that they are willing to use technology state-of-the-art.

[brickafterbrickwalldpt]

Wrong. Bitcoin is not anonymous. It is pseudo-anonymous. A lot of people think that Bitcoin is still being used for illegal trades. Oh please, governments have already developed tools to track Bitcoin transactions. That's why black market merchants have switched to more anonymous cryptocurrencies such as Monero. Is fiat money going to kill itself because face-to-face transactions are not visible to the government? Yes, but only because governments want to create cashless society in order to have much higher control of our lives.

[irenegaming]

Well do you know what is used the most for illegal activities? Its fiat currencies. I don't see the governments banning it or making it illegal, Why so? Cause they control it and anything that they control is legal. And the decentralized nature of Bitcoin is what is going to prevent anyone from killing it.

[saurav111]

Bitcoin might had shown how powerful it is in past ten years yet still wont be able to replace fiat, Even many people are fond of using btc as medium in their daily life still not as good as cash which you can directly get from your pocket and give to merchandiser to pay service/goods from them, no internet connection and transaction fee for sending from wallet to another, needed. It will remain.

[MahalQu2612]

Bitcoin is full of perks and we all benefit from it, its just some people abuse it and use it for their own misdeeds. Bitcoin is not killing itself, these people who do illegal stuff are the ones killing bitcoin. I think in this scenario its better for bitcoin to work with the government and make some kind of regulation that keeps people from using bitcoin illegal stuff without affecting the perks of bitcoin. I know this maybe hard because these two are contradicting but maybe in some way this will work and Bitcoin would prosper.

[kidoseagle0312]

People are abusing the benefits Bitcoin has and using it for their own gains. People who do nasty things with bitcoin like fraud or scam, are the ones who's killing Bitcoin. I know that Bitcoin is free for all to use but people who think only for their gains will bring Bitcoin down and that would be bad for all of us and they don't realize that. We need to find a way of regulating Bitcoin and still keeping its benefits while bringing down those who use Bitcoin wrong.

[As roma]

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.

I do not quite understand this and also, because I think bitcoin provides complete financial freedom to individuals beyond the control of banks and other financial institutions. People around the world have understood that their so-called freedom is pseudo and wants to get rid of corrupt government control. And the anonymous nature of bitcoin is the reason why people accept it, along with decentralization. People always support and trust bitcoin because of this unique and special nature and bitcoin becomes famous and valuable because of it's nature. I think banks and the government have nothing to do with it but to try to apply taxes and regulations. Bitcoin just kills people who have negative thoughts about it.

[hcoin01]

I certainly do not agree with this view. Bitcoin will never kill himself.
Crypto money is something that is human production. People produce people destroyed.
Kirpto money world is a very big world. It is the most traded stock market in the world.
In the future we will see much more.
Do not give up, follow.

[arguelles84]

this is partly the case: bitcoin kills itself with a limited number of coins. Transactions in the blockchain are written by miners. Bitcoin mining is getting smaller, because it is more profitable to mine other crypts. The blockchain of those transactions, representing the largest Commission. number of blocks is finite.

[TheKeyLongThumbI]

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  

You are full of wrong ideas pal. Only 1% of bitcoin was proven used in illegal transactions or crimes. Why not take a look at what percentage of fiat is used when it comes to funding crimes? Things can be used in good or bad and it just depends on the person.

[kwarto]

another negative news to bitcoiners! we can't really control some people doing some evil things using bitcoin.. i wont be surprise if all countries regulate the blockchain...

maybe goverment regulation could stop this illegal actions..

[torres99]

for sure it's just as bad as if it really will happen because this thing is your hope then just destroy yourself so scary that it might not be true

[dungthuy]

the crypto is anonymity,but it is very clear,nobody can fake trans and edit this trans on blockchain,if it can manage and blockchain is apply to the real life,it is very good,maybe BTC is first coin and it has many defect but teach blockchain is future of world,it need more coin update and news coins use blockchain and news advantage to service for everyone

[damsix]

Bitcoin was created not for drugs or smuggling of corrupt money.

but Bitcoin is created to facilitate transactions from various circles in the world by its peer to peer.

so in Bitcoin's dictionary no one can kill Bitcoin by its own.

[#dhabitamartha]

I think this bitcoin is like a free finance anywhere and anyone has no limitations and age so this is like flying birds in bitcoin country very easily and quickly it needs the protection of international law to guard against any crime.

[adzino]

This is actually very weird. Everyone is acting like as soon as bitcoin and crypto currencies came out, scammers were born. Look, online scamming and illegal activities also took place even before crypto currencies were created. They used giftcards and other kind of anonymous prepaid cards to carry out their illegal activities. I don't see the difference between using giftcards and cryptocurrencies. You just can't blame bitcoin for those activities taking place.

[bitfocus]

paper money is being used for all type of dirty works including sex trafficking and child trafficking, also gold - please stop using them. if you don't like bitcoin, please spend time against it and spend this time something you really understand.

The irony is your double standard - you are spreading hate against Bitcoin and advertising a Bitcoin Casino in your signature!

[Abraham777]

Weber told CNBC: “Retail clients, who don’t fully understand these products, should be protected from going into these products, because if there is a retail client affected in the future, the question will be again who was the bank that sold them these products and then banks will be blamed again for what has happened."

[caotringhia]

Not sure, but now after the Consensus Congress ended, Bitcoin prices have continued to fall. Does anyone know why that led to that drastic reduction?