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Author Topic: Bitcoin will kill itself  (Read 3955 times)
mix max
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July 02, 2018, 05:24:32 AM
 #361

Everything must have supporters and opposition. Currently the anonymity of bitcoin is indeed both an excess and an obstacle in the existence of bitcoin. But I think bitcoin will not stay idle, bitcoin will soon adjust itself to market needs. Hopefully bitcoin immediately improves itself to be much better again.
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iMark
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July 02, 2018, 05:26:41 AM
 #362

We all know this, but could not deny the positive values that bitcoin brings. It's difficult for the Government or the Bank admitted. But the organizers as well as blockchain is the future.

Rightly said, we cannot leave medicines because of side effects. It is primary effect (or cure) that medicine provides that matters as it over weighs all the side effects. Same applies to crypto or bitcoins. People using it for illegal means is a problem and it needs to be strictly dealt with. This does not mean we should put an end to crypto.
Yeah, although bitcoin is prohibited, even the government gives special laws on bitcoin, that does not mean the end of crypto.
I think the government will not forever ban bitcoin, there will be a time when the technological era is happening and changing the way government views about bitcoin
mkcube
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July 02, 2018, 05:44:11 AM
 #363

I think the government will not freeze bitcoin. There will be the time where there is  a technological era is happening and changing the way that government views about bitcoin.
Glorypaasa
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July 02, 2018, 06:09:13 AM
 #364

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 
But I think it depends on how people used their bitcoin,So better be alert on every way because there's a lot of people used bitcoin for their criminal things but bitcoin is also a victim, So this is a government problem to find those criminals and besides will commit suicide because there's a lot of believe still believe in this technology.
ys fs
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July 02, 2018, 06:12:30 AM
 #365

I do not think so, because bitcoin will not be that easy to fall, and do not think too bitcoin will die because of the current bitcoin price...
lelahkenabanned
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July 02, 2018, 08:04:23 AM
 #366

yes you are right it is usually the technology will kill itself and I see bitcoin has a very new and sophisticated technology and up to now depend on the existence of blockchain, if blockchain does not exist then bitcoin also will not exist.
dotrang61549566@gmail.com
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July 02, 2018, 08:05:47 AM
 #367

Anonymous is a double-edged sword. This makes many investors prefer to use Bitcoin to trade and many fear it as a fraud risk
DoublerHunter
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July 02, 2018, 09:17:07 AM
 #368

Anonymity for me, is a normal feature for a cryptocurrency since most of the altcoins in the market only follow and copy some of the popular features of bitcoin. Bitcoin will not kill itself because government can still build a regulation order for bitcoin that will help the other people to be in a safer state and also it will give them a chance to catch those illegal users.
Donotfoolme
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July 02, 2018, 09:31:24 AM
 #369

bitcoin wasnt made to with the intent of being used for illicit activity it was made to solve the problem on centralized currency .
Bibi shop
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July 02, 2018, 10:13:09 AM
 #370

These are the main disadvantages of btc which prevents it to go mainstream and slows down the rise of it.  As volatility is one of the best feature it has got, people are much aware about the same while a small user community panic on such falls and this leads to continuous drop. To overcome this drop should have the patience.
ETHtotheMOON1
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July 02, 2018, 10:27:12 AM
 #371

We all know this, but could not deny the positive values that bitcoin brings. It's difficult for the Government or the Bank admitted. But the organizers as well as blockchain is the future.

Rightly said, we cannot leave medicines because of side effects. It is primary effect (or cure) that medicine provides that matters as it over weighs all the side effects. Same applies to crypto or bitcoins. People using it for illegal means is a problem and it needs to be strictly dealt with. This does not mean we should put an end to crypto.

he's just picking one problem which represents 1% of the whole network. Seems to be intentional fud to me. There are countries who banned it, but also countries that regulate it...

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Rhaizan
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July 02, 2018, 10:34:34 AM
 #372

We all know this, but could not deny the positive values that bitcoin brings. It's difficult for the Government or the Bank admitted. But the organizers as well as blockchain is the future.

Rightly said, we cannot leave medicines because of side effects. It is primary effect (or cure) that medicine provides that matters as it over weighs all the side effects. Same applies to crypto or bitcoins. People using it for illegal means is a problem and it needs to be strictly dealt with. This does not mean we should put an end to crypto.

he's just picking one problem which represents 1% of the whole network. Seems to be intentional fud to me. There are countries who banned it, but also countries that regulate it...

And I felt so sad to the country who banned bitcoin because the citizen on that country can not use it and also they didn't know tge crypto currency ,maybe they will notice it but they will not use that on their country, only to the place that crypto is accepted .
Jombrangs
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July 02, 2018, 05:07:35 PM
 #373

I think this statement have a point because of too much power that they can get the company of bitcoin can kill itself if they can’t balance or handle the power that they have in this business.
BartS
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July 03, 2018, 08:11:54 PM
 #374

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 can't believe that people actually think that this kind of things could kill bitcoin. Every single thing we have in our life can be used in the wrong way, so? Is it fault of the things or maybe people's fault?
Some people believe that to be the case, but as you state that is a flawed way of thinking if we used that kind of thinking we will still be hunting animals with pointy sticks, but that is not the way humans work, bitcoin is a superior technology and eventually the superior technology will impose itself at the end, bitcoin is superior to any form of fiat and it is even superior to gold and silver since it posses the same characteristics with the advantage that it is digital.
guppak
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July 03, 2018, 08:21:44 PM
 #375

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 
One of the best features of Bitcoin is its anonymity, this feature becomes a new crime opportunity under the guise of Bitcoin such as money laundering, illegal drug transactions, to human trafficking. This if left unchecked will bring up the pros and cons, so some countries think this bitcoin is dangerous and that potentially kills Bitcoin, there must be a way to anticipate it!

Bitcoin is like any other currency that serves as a medium of exchange so anyone can use it like any other currency. Yes, we all pout at evil but let us alone; do people not commit crimes before bitcoin comes? What currencies are they using? Criminals will always be criminals whether there is bitcoin or not.
shafi alam
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July 03, 2018, 08:27:13 PM
 #376

every single technology have been its own features thats why people give them petant . and bitcoin have own features that's why its wrong, its odd.
sakamaku
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July 04, 2018, 07:06:30 AM
 #377

Bitcoin suicide is unlikely, you see it is not a problem, Bitcoin is famous for its anonymity, many countries are banned from using Bitcoin because it is considered to be high risk for jatropha. legal.
Bilong ko
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July 04, 2018, 07:10:17 AM
 #378

If the bitcoin is seen from the negative side, but it all depends on its use, in the first consider we see the positive side. I think if we analyze the survey 100 people 97 positive bitcoin, and 3 negative bitcoin.
Alacate615
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July 04, 2018, 07:17:06 AM
 #379

itcoin is just like any other currency which serves as a medium of exchange so anybody can use it just like any other currency.To overcome this drop should have the patience.
Nabobs Robi
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July 04, 2018, 07:28:55 AM
 #380

Bitcoin will not kill by anyone.It's the one of the main advantage of bitcoin.No one can control price of bitcoin by any moment.This small fluctuation will not kill the bitcoin.I hope you understand now. Bitcoin is a crypto currency that is a function of trading and investment, which is under goes process of prize fluctuating up and down, which many people don't understand, but soon it will balance to early this year price.
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