Who can destroy Bitcoin ?

[iqlimasyadiqa]

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

everyone has the chance to destroy bitcoin. simply when bitcoin is not used then bitcoin will be destroyed. so long as anyone uses bitcoin then bitcoin will continue to exist. this is the law of demand, so if there is no demand for bitcoin then bitcoin will be lost forever.

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[evader11]

Bitcoin community is the only way to destroy bitcoin because if there is no community or supporters of bitcoin it will not worthy. The reason why bitcoin's value is high, it's because of its popularity and famously so that there are many investors will be interested on bitcoin.

[digitalgame4life]

The big players and haters can destroy bitcoin, its us people loving bitcoin and wanting to make improvements, the miners can destroy bitcoin for their profits and more power, the government can destroy bitcoin by banning its usage and banning exchanges, countries like damn China can destroy bitcoin, eventually big investors can also destroy bitcoin (for a short moment).

[tamarindbleu]

successful cryptanalitic attack on private keys, excessive mining monopoly, global internet shutdown (possibly), massive loss of interest.

Hell Yeah you are right that  a great hacker that has a capability and skills can kill Bitcoin at all.Global internet shutdown for me is the major factor that can formally and the one that can make the Bitcoin fall down in permanent and put it into history.

[phr0stbyt3]

Banks and governments are the only enemies of bitcoin no one else really hates bitcoin we just saw in the case of jp morgan he did try to manipulate the market but the fact he did this was so he could just buy bitcoin even someone like jpmorgan is interested in bitcoin only banks and governments are the only one who will destroy bitcoin

[kucritt]

there are some factors that bitcoin will be zero value, first factor is many scam with bitcoin at the same time, its make bitcoin price drop because some people don't want to buy because of scam, secondly is bitcoin stock is very much but market demand = 0, its make bitcoin valueless

[nankers]

I dont think anyone can destroy digital money like bitcoin and others.because according to the development of the era and the more advanced technology that will make cryptocurrency will be more known and growing more .. I think bitcoin will be more advanced again in the future 

[Captain_Planet]

successful cryptanalitic attack on private keys, excessive mining monopoly, global internet shutdown (possibly), massive loss of interest.

Hell Yeah you are right that  a great hacker that has a capability and skills can kill Bitcoin at all.Global internet shutdown for me is the major factor that can formally and the one that can make the Bitcoin fall down in permanent and put it into history.

+1. I fear of that too.

[Wowcoin]

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

Bitcoin destroy if all big holders sell all their holding coins. Until the price become lower until get zero.  The big whale's have the power to bitcoin destroy especially the owner of bitcoin

[Ucy]

Better question would be "What can bring down the price of Bitcoin?"
Strong anti Bitcoin policy or an outright attacks may seriously affect the price. Notice I used the word "may", due to the resiliant  nature of its price.


Destruction of Bitcoin means wiping it out completely which would be extremely difficult.

By the way, any illegal attempts to destroy Bitcoin is pure terrorism.

If this are the intentions of the Chinese government, they will be surprised and disgraced in end.

Bitcoin lives forever

[xenomorphe1]

Maybe China will be able to destroy the use and also mining of bitcoin in China.
Source:
https://news.bitcoin.com/china-block-all-bitcoin-transactions/

[lfc_san]

Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.

When all countries refuse to use bitcoin, this will be the biggest challenge and will gradually isolate bitcoin.

[goldade]

I might sound a little bit philosophical here but the people that can destroy bitcoin is 'us' and it will happen when we all abandoned bitcoin. The moment that happened the value drops significantly without measure and with that, no one to ever touch bitcoin. What other end can happen, it does not need to be hacked or controlled. Its about the faith people have in bitcoin and the moment that faith begins to diminish more than increasing, then the end is imminent.

[Cacaparg]

I think only goverment of countries can only ban bitcoin in its own country. Now i can nit imagine how many resources, time and money to destroy bitcoin, i think it is even impossible.

[salmanahmedone]

There's nothing in the world who can destroy bitcons. But yeh If countries start banning ( like china do with Bitcoins) ,It can lead bitcoins success to UNSUCCESSFUL . Peoples can start losing profit. A lot of bad thing can happen like people trust on bitcoin as a long term holding will shake and this will lead to bitcoin to more selling. The most important thing for bitcoin is its trust and it should not be broken,

[Schocksen]

Only the community can destroy bitcoin...

[JamesBolivar]

Bitcoin could destroy Bitcoin. Or rather, miners by not adapting to the market needs out of greed...

[rajakoin1994]

I think if many countries are banning bitcoin like China, it will be very dangerous for the future of bitcoin.
Hopefully the problem in china can be resolved so that bitcoin price will be stable and continue to increase as before.

[adChain]

State level actors acquiring enough CPU power. I've also heard that quantum computers could crack SHA256.

Of course both are highly specualtive and unlikely IMO. I would give more credence to the first than the latter.

[dali_masmoudi]

It can be destroyed, only if all the owners will buy it and never use it.
But generally it can not be destroyed or disapeared.
It is between 3800 and 4200, it is really a good price.