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Author Topic: What can destroy Bitcoin?  (Read 965 times)

Offline Domithra

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What can destroy Bitcoin?
« on: July 14, 2018, 02:28:29 AM »
Bitcoin obtains its value from its users hence a great panic among its users can destroy the value of it. Holders with fear and doubts about Bitcoin will sell for cheap and no investor will purchase because of fear and doubts, thus, there will be no further BTC trading which will eventually lead to BTC collapse.
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What can destroy Bitcoin?
« on: July 14, 2018, 02:28:29 AM »

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Offline CryptoZenWorld

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Re: What can destroy Bitcoin?
« Reply #1 on: July 14, 2018, 11:45:33 AM »
For sometimes if I close my eye and give up hope of bitcoin, then I can see the future is as you described. But we still have hope. Because something is going to be changed in next year. Let's see what happens.

Thanks for reminding us about the destruction of bitcoin. ;)
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Offline Icon

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Re: What can destroy Bitcoin?
« Reply #2 on: July 15, 2018, 10:07:26 PM »
I agree with you. If we keep spreading negative news about bitcoin, we will scare new investors and eventually the coin will lose its value
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Offline Breadwinner

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Re: What can destroy Bitcoin?
« Reply #3 on: July 16, 2018, 05:31:26 PM »
For now I think no coin has proven to be able to destroy btc. Although  EOS and BCH can but let see what they can do at the end of this year.
   

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Offline Baby Crypto

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Re: What can destroy Bitcoin?
« Reply #4 on: July 16, 2018, 05:33:57 PM »
Bitcoin obtains its value from its users hence a great panic among its users can destroy the value of it. Holders with fear and doubts about Bitcoin will sell for cheap and no investor will purchase because of fear and doubts, thus, there will be no further BTC trading which will eventually lead to BTC collapse.

I am not sure other coins can destroy bitcoin. Because bitcoin is more popular and more valuable.

Offline Eben

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Re: What can destroy Bitcoin?
« Reply #5 on: July 16, 2018, 05:52:53 PM »
I believe the creation of fear and panic through the various media about bitcoin price will lead to holders selling it at a cheap price and investors will lose interest in investing in it leading to its gradual collapse.

Offline Naswaty10

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Re: What can destroy Bitcoin?
« Reply #6 on: July 16, 2018, 06:13:22 PM »
which could destroy the bitcoin is that bitcoin prices become worthless definitely be a lot of people who already do not believe that bitcoin is a nice coin coin to be made in the choice to be invested .

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Re: What can destroy Bitcoin?
« Reply #6 on: July 16, 2018, 06:13:22 PM »


Offline Judybrown

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Re: What can destroy Bitcoin?
« Reply #7 on: July 16, 2018, 10:57:15 PM »
If Bitcoin will be destroyed, it will be caused by the Cryptocurrency community members. If these members are afraid and sell these coins at a cheap price, investors will not like to invest in it.
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