bitcoin the survival of the fittest

[Broly46]

Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.

Many software got forgotten by time, banks get destroyed, companies broken, business ruined due to market crashes. 

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

[Ava Duvall]

Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.

Many software got forgotten by time, banks get destroyed, companies broken, business ruined due to market crashes. 

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

Its proven fact that bitcoin is nearly indestructible , it has faced so many challenges. it thrives still even if it has downfalls.

[proTECH77]

Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.

Many software got forgotten by time, banks get destroyed, companies broken, business ruined due to market crashes. 

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

Bitcoin has the potentials to strive above all other inventions around us because of it complexity in nature. Bitcoin be the mainstream manifestation of the blockchain is almost immortal as i presume it to be from others.
Telling your friends not to buy Bitcoin may not be rational because of it hashrate, so, recommending this to a friend, what are the provision/route such individual or friend would go through to get the said bitcoin for sale? Assuming such friend has no account on BT.

[chaoscoinz]

Bitcoin is just getting started I'm afraid. The blockchain economy will thrive once regulation is made clear, there is already a United States bill proposal which argues that all cryptocurrencies should be seen as asset properties and not as securities. The SEC regulation of 1933 is outdated and needs to be updated. This proposal already has Democrats and Republicans joining forces to make it happen.

https://cointelegraph.com/news/us-new-legislation-proposes-to-exclude-crypto-from-securities-laws]

If the 2nd bill which addresses price manipulation is passed, I'm almost certain the ETF proposals will pass with flying colors. Exciting times to be in this year. The Bull is coming soon, just wait and see.

https://www.coindesk.com/us-congressmen-introduce-two-bills-to-prevent-crypto-price-manipulation

[Indamuck]

Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.

Many software got forgotten by time, banks get destroyed, companies broken, business ruined due to market crashes. 

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

Its proven fact that bitcoin is nearly indestructible , it has faced so many challenges. it thrives still even if it has downfalls.

Umm.. recently a Bitcoin Cash Developer caught a inflation bug that was in Bitcoin, that could of spelled disaster for BTC.  Bitcoin is the best option we have at the moment but it is far from indestructible.

If you recommend it to friends they will be mad if they lose money but they will probably be even more angry if you kept bitcoin a secret and they missed big gains.

[Broly46]

A new windows malware was detected in a torrent file that could swap out Ethereum and Bitcoin adresses.

https://coincodex.com/article/2888/malware-hidden-in-torrents-can-alter-crypto-addresses/

Honestly I don’t understand how it could be a threat, it would be good enough to make bitcoin completely unusable by the newbie, but it would not stop the veterans from using it.

Its proven fact that bitcoin is nearly indestructible , it has faced so many challenges. it thrives still even if it has downfalls.

Every crypto are indestructible, but there is only one survivor in the fittest system, no two or more of them, but bitcoin undoubtedly would be the only one of the fittest.

Bitcoin has the potentials to strive above all other inventions around us because of it complexity in nature. Bitcoin be the mainstream manifestation of the blockchain is almost immortal as i presume it to be from others.
Telling your friends not to buy Bitcoin may not be rational because of it hashrate, so, recommending this to a friend, what are the provision/route such individual or friend would go through to get the said bitcoin for sale? Assuming such friend has no account on BT.

No doubt it is one of the wonderful invention to date, just because it create wealth from nothing, all other great inventions in the history also create a lot of wealth, and no exception for bitcoin.

The nature of human being chasing the same wealth and create a cash heist, known as greed. Which has destroyed life over and over again, of course we should get smarter and not repeat the same mistakes. Definitely not going to tell them to buy into the cash heist.

If every invention would create wealth, instead of advising them to buy into the invention, I would tell them to create a new invention.

And there is just so many inventions we can think of in the crypto space, think about ICO, hardfork, masternode, token swap, crypto kitties, etc, I couldn’t believe all these blasphemy at first, it took me long enough time to accept all of them as a legit inventions.

But none of them can beat the fittest survivor.

[electronicash]

If they can truly destroy it, they would have done it long before the price goes more than $100. Blockchain technology has offered more than the current system which is why Bitcoin becomes popular that they can't get it killed anymore. Its a simple store of value but BTC is just the first to come in mind when we talk of cryptocurrency because merchants accepts BTC.

[goaldigger]

Huge organizations has a lot of connections that we didnt know exists. Its like what ive watched yestesrday where car companies and oil companies have connection. Cars feeds gas higher than what it needs and thats the power of money. These similar big companies who has poked by Bitcoin attempted to break it down but it remains stable till now.

[Sebas.tian]

Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.

Actually even if its price indeed reached zero, technically bitcoin is still alive since it will be remembered in history as the first tech(?) to utilize blockchain. Also, if bitcoin dies in the future, I'm willing to bet that we'd already discovered a more superior form of bitcoin or electronic cash or whatever they'd call it.

[Dondont]

Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.

Many software got forgotten by time, banks get destroyed, companies broken, business ruined due to market crashes. 

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

because at any time there is still demand for bitcoin, try to imagine "if only" bitcoin is no longer a demand, of course this will also be a mass chaos because if we look at the flow of funds to the blockchain industry is the biggest, a project that can collect millions of dollars and then whales, of course their funds are very large

[dothebeats]

The very essence of cryptocurrency could be at stake by means of centralization and capitalism, so I wouldn't call cryptocurrencies as indestructible as this is still subject to such schemes that can ultimately result to the destruction of bitcoin. Perhaps right now people are still making money out of bitcoin, but once there's a new fad in which people could also make money from, see everyone lose interest on bitcoin and die. Speculation is what drives bitcoin for now, but once that's over, idk what will, given that almost all people in here are now profit-centric unlike the old days.

[Broly46]

Bitcoin is just getting started I'm afraid. The blockchain economy will thrive once regulation is made clear, there is already a United States bill proposal which argues that all cryptocurrencies should be seen as asset properties and not as securities. The SEC regulation of 1933 is outdated and needs to be updated. This proposal already has Democrats and Republicans joining forces to make it happen.

https://cointelegraph.com/news/us-new-legislation-proposes-to-exclude-crypto-from-securities-laws]

If the 2nd bill which addresses price manipulation is passed, I'm almost certain the ETF proposals will pass with flying colors. Exciting times to be in this year. The Bull is coming soon, just wait and see.

https://www.coindesk.com/us-congressmen-introduce-two-bills-to-prevent-crypto-price-manipulation

SEC may be the one going to get forgotten, about crypto economy, I’m very positive SEC which just want to regulate everything would have no place in future which oppose any regulation. Are they going to impact the crypto?

Umm.. recently a Bitcoin Cash Developer caught a inflation bug that was in Bitcoin, that could of spelled disaster for BTC.  Bitcoin is the best option we have at the moment but it is far from indestructible.

If you recommend it to friends they will be mad if they lose money but they will probably be even more angry if you kept bitcoin a secret and they missed big gains.

I don’t know how many bugs they haven’t discovered, but I don’t know if the hodlers would care anymore, the bitcoin has became a good place to hide their wealth, after all banks no longer safe to use anymore, I had seen more banking hacks recently, and constantly worrying my fund in the bank got disappeared into the thin air.

If they can truly destroy it, they would have done it long before the price goes more than $100. Blockchain technology has offered more than the current system which is why Bitcoin becomes popular that they can't get it killed anymore. Its a simple store of value but BTC is just the first to come in mind when we talk of cryptocurrency because merchants accepts BTC.

Wide adoption are one key feature for bitcoin, the other being this world no longer has a good place to hide our wealth, no bank are safe anymore, our wealth will be confiscated by force.

Huge organizations has a lot of connections that we didnt know exists. Its like what ive watched yestesrday where car companies and oil companies have connection. Cars feeds gas higher than what it needs and thats the power of money. These similar big companies who has poked by Bitcoin attempted to break it down but it remains stable till now.

They are definitely connected, what is more terrifying are most of them are invisible to anyone, they’re just connection to individual investor, all over the world, the invisible global capitalism, and no one can draw the complete picture to how it work.

[detector]

AFAIK bitcoin is using SHA 256 that consider as advance security but why it's still can be hack ?
I'm aware that cryptocurrency are work based on internet where hacking possibility is high but I'm just confuse that it still can happen

[aoluain]

AFAIK bitcoin is using SHA 256 that consider as advance security but why it's still can be hack ?
I'm aware that cryptocurrency are work based on internet where hacking possibility is high but I'm just confuse that it still can happen

Bitcoin cannot be hacked and in the last 10 years it has never been
hacked. That is one of the true features of this coin which continues
to survive.

What can be hacked though are exchanges and wallets, that is a
different matter and comes about by individuals and exchanges lack
of security, bitcoin itself is not at fault.

[thankyoulord]

it is true bitcoin has faced so many challenges which could have destroyed it in the past but at every given time it overcomes and comes back stronger. We can boldly say bitcoin will survive any challenge thrown at it

[Broly46]

Actually even if its price indeed reached zero, technically bitcoin is still alive since it will be remembered in history as the first tech(?) to utilize blockchain. Also, if bitcoin dies in the future, I'm willing to bet that we'd already discovered a more superior form of bitcoin or electronic cash or whatever they'd call it.

In the ideal economy, there will be no scarcity for anyone, which means everyone would have the foods they want, have the toys they want, they have everyday needs and wants, which also mean there are just no desire to buy it anymore, and the money itself have no value since no one need to buy anything, they get everything they want in life,   what will be the future needs and wants? I believe the bitcoin replacement would be the one that can provide zero scarcity in economy. But what will be the final product? I dunno.

because at any time there is still demand for bitcoin, try to imagine "if only" bitcoin is no longer a demand, of course this will also be a mass chaos because if we look at the flow of funds to the blockchain industry is the biggest, a project that can collect millions of dollars and then whales, of course their funds are very large

Two major industry that get a lot funding, artificial intelligence and block chain, I dunno what’re they thinking about, or it is just hype all over the media, and some trading algo gone out of control and pump the hype to the moon. The medias are still very hot about these two industry, definitely something fascinate me.

The very essence of cryptocurrency could be at stake by means of centralization and capitalism, so I wouldn't call cryptocurrencies as indestructible as this is still subject to such schemes that can ultimately result to the destruction of bitcoin. Perhaps right now people are still making money out of bitcoin, but once there's a new fad in which people could also make money from, see everyone lose interest on bitcoin and die. Speculation is what drives bitcoin for now, but once that's over, idk what will, given that almost all people in here are now profit-centric unlike the old days.

I don’t fancy about being whales in the crypto, one big concern being the low liquidity, whales couldn’t sell all their stake during bull, definitely couldn’t sell all during bear, they are just having no option to escape from this crap, the only option is hold and find a way to spend them (by buying altcoin?). It is also good to be small timer since it’s easier for me to liquidate whenever I want and not to worry about the volume. Being capitalist in crypto bear a huge risk to not able to dump their stake, sound like a bad deal for crypto whales capitalist, one example being bitmain in a huge mess by hodling so many coins, constantly firing staff to keep it alive,  I wouldn’t enjoy being on their shoe. To be honest I wouldn’t come to this forum if not for the profit it could generate.

[Kopyleft]

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

There really is no deadly attack on bitcoin to kill it. Undoubtedly it was received with a lot of wariness and in some situations, it waa not received at all, and some governments moved to protect its citizens from what it thought unsafe but more importantly a threat to its monopoly. And there are the naysayers who consistently talked down bitcoin and the concept behind it.

[HabBear]

Survival is up to the people. It's not the currency/asset itself, that was proven to be successful after the first transaction between Satoshi and Hal Finney. Bitcoin now lives and breathes at a level equal to how the people hold and use it.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

This is an excellent recommendation. Buying in smaller increments over time are best to ensure you're getting the most efficient price possible...the investment world calls it dollar/euro/yen cost averaging.

[Broly46]

it is true bitcoin has faced so many challenges which could have destroyed it in the past but at every given time it overcomes and comes back stronger. We can boldly say bitcoin will survive any challenge thrown at it

Basically it matches the “can’t beat it, join it” requirement. Total un-contradictable survivor.

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

There really is no deadly attack on bitcoin to kill it. Undoubtedly it was received with a lot of wariness and in some situations, it waa not received at all, and some governments moved to protect its citizens from what it thought unsafe but more importantly a threat to its monopoly. And there are the naysayers who consistently talked down bitcoin and the concept behind it.

Some deadliest attacks I could think of without the intensity order:
1. The software itself hacked
2. The block chain (data) itself hacked
3. The hodlers wallet hacks
4. The network hack (51% attack)
5. The encryption system itself hacks (ECDSA)
6. The crypto exchange mega robbery
I believe all of them could completely make bitcoin totally unable to use, when no one can use it, it is same as dead, just a software that wouldn’t work, why would anyone keep a software that keep returning fatal errors.

Survival is up to the people. It's not the currency/asset itself, that was proven to be successful after the first transaction between Satoshi and Hal Finney. Bitcoin now lives and breathes at a level equal to how the people hold and use it.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

This is an excellent recommendation. Buying in smaller increments over time are best to ensure you're getting the most efficient price possible...the investment world calls it dollar/euro/yen cost averaging.

I’m very impressed with their vision in the bitcoin, when I first look at it, in my best possible knowledge I couldn’t see the future in the technology itself, now I’m truly convinced I’m so wrong and couldn’t saw the wildest imagination they have in their mind about bitcoin.

Despite the success of the bitcoin I’m still not going to recommend to anyone, it’s just impossible to have the same vision just like Hal Finney and Satoshi once have and share it to anyone. Dollar cost average, I know I could get hurt pretty badly during bear market, I would only use it during bull market.

[adzino]

Do you agree? Despite the numerous attempt to destroy it, Bitcoin do not died and it thrive.

Many software got forgotten by time, banks get destroyed, companies broken, business ruined due to market crashes. 

bitcoin survival all the deadliest attempt to kill it, and everyone else who try to kill it get themselve hurt.

But I do not recommend anyone to buy it, I would only tell my friends to sell it, dump it, collect it, whatever they can do but DO NOT ever buy it once.

You say that bitcoin has survived every ugly form that can take place and people were unable to destroy through various attempt, yet you don't recommend people to buy bitcoin and will instead suggest them to dump all they have? This does not make sense!
Do you have any particular reason why you wouldn't recommend people to use bitcoin? I would love to hear that.