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Author Topic: Bitcoin will kill itself  (Read 3955 times)
rindayle
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June 28, 2018, 06:08:53 AM
 #301

I think we can not say that bitcoin will kill itself while there are investors and it takes the first line of cryptocurrencies. Just have to come the actual price, and not artificially inflated, then you can say what will happen with bitcoin.
Shopping Coin Official
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June 28, 2018, 06:39:18 AM
 #302

Many people tell about it also . It is famous for its anonymity, many countries are banning the use of Bitcoin because it is considered at high risk for illegal jatropha.
I think the nature of Bitcoin is still a debate among many parties, some are defending it and some are rejecting it.
setialovers
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June 28, 2018, 06:41:48 AM
 #303

I dont think anonymity will kill bitcoin. Bitcoin can be death if community not using it again. Bitcoin is not a reason for illegal activity and bitcoin criminal action is depending on the human. Bitcoin is just a currency like dollar and other and paper money used for criminal too.
hghcoin
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June 28, 2018, 06:44:12 AM
 #304

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 

Bitcoin itself is neutral, his anonymous nature has led criminals to use bitcoin to engage in illegal transactions, but anonymous coins are not only bitcoin, DASH and other such anonymous coins are even more secure and hidden than bitcoin.
RawDog
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June 28, 2018, 06:45:37 AM
 #305

Has already killed itself.  Only one still in it: stupid 'Hodlers'.  They will pay the biggest price for their continued stupidity.  Meanwhile, Bitcoin Cash seems to be working pretty good.

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June 28, 2018, 06:48:39 AM
 #306

That's a significant contentious factor to me. But this is actually only a big issue to governments, banks, AMLC, and other institutions, especially government ones, whose mandate is to implement the laws or push forward whatever it is that goes opposite to the radical features of Bitcoin. As to the general population, these features might be very convenient and favorable to them. Say for instance anonymity. This is something the general population truly appreciates but could be considered a big hindrance to those in the anti-terrorism, anti-fraud, and anti-crime agencies.

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abdi4206
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June 28, 2018, 07:29:39 AM
 #307

we can not control all bitcoin users to use this technology wisely because bitcoin users exist all over the country and consist of a wide range of people with different types of properties. And I think that 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
billknight
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June 28, 2018, 07:59:44 AM
 #308

This is double sidede knife actually. BTC cons and pros. People prefer anonymty but goverments and financial institutes don't like privacy :/
Agree with your comments. The government wants to control all our actions. Cryptocurrency and platform blockchain are anonymous so the government will not be able to control the cryptocurrency. So they have forbidden people to use cryptocurrency
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June 28, 2018, 08:04:14 AM
 #309

I don't think anonymity is a disadvantage of Bitcoin and other crypto but it is a very big advantage. Governments fight against sources but not the reasons of the problem and it is only a cover for real aims of banning crypto.

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June 28, 2018, 04:04:40 PM
 #310

Bitcoin wasnt made for illicit activity, it was made to solve the problem on centralized currency.  and for this bitcoin will not be killed. it just needs to be managed. btc still has many walls to evercome in the future
barcelona 94
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June 28, 2018, 05:12:33 PM
 #311

This aren't true Bitcoin was actually created to solve the of centralised currency, the fact that Bitcoin is used to perpetrate crime does not mean it will kill itself because before Bitcoin creation crimes were committed with Fiat currency and of course that doesn't kill it.
anrian062
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June 28, 2018, 05:53:54 PM
 #312

no.. no..
The anonymity is the advantage for bitcoin and bitcoin will not kill itself because of that. but yes bitcoin might be killed someday and we are the true culprit to kill bitcoin concept. as long as we only focus on trading, investing and payment medium as a function of bitcoin. BTC will never reach the equilibrium state of price. that way we cannot determine the intrinsic value. and as domino process BTC will collapse due to overhyped system and not the utilization of the system itself
waqasanwar95
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June 28, 2018, 05:56:34 PM
 #313

No I don't think this thing will happened in the future Bitcoin will never finish it will never kill himself bitcoin are using worldwide and it will never dead
Mekmbem
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June 28, 2018, 06:05:18 PM
 #314

it is unlikely that bitcoin kills itself because bitcoin is in human control via the internet and will never be able to die for as long as there is internet
Saldom12
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June 28, 2018, 06:11:55 PM
 #315

this is impossible, this is false news. Bitcoin is quite successful it is unlikely that bitcoin will kill itself or disappear. If that happens I may be disappointed there is no more income to make money and maybe bitcoin users also feel the same way as me. Smiley
RamseyJoyce
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June 28, 2018, 06:14:27 PM
 #316

Bitcoin will never commit suicide because governments have accepted it as digital currency, as bitcoin is now due to the greed of the user. They used bitcoin in the wrong way
Sandijoee
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June 28, 2018, 06:26:18 PM
 #317

Why do you think like that?
Bitcoin will kill itself or will disappear from this world?
That's impossible, In this world There are many who use bitcoin and already many people who invest bitcoin. The results of their profits are quite large. I do not believe in this news, this is fake news. Smiley
Khatrisahil411
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June 28, 2018, 06:34:12 PM
 #318

No , it will not kill itself because now a days all things are getting online like shopping , learning etc. Now the people wants to earn online and Bitcoin is the best way to earn which makes the life simple and easy for every person .
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RodeoX
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June 28, 2018, 06:36:32 PM
 #319

Oh the kids!!!  Cry
I could care less if bitcoin is being used for illegal activity. Any money worth anything is used for crime.   Cool

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June 28, 2018, 06:39:46 PM
 #320

Bitcoin is anonymous on one side, and transparent on the other. I think that where money went you can calculate even easier than in the banking system
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