Who can destroy Bitcoin ?

[mostcrack]

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

nothing can destroy bitcoin! Because bitcoin designed not to depend on anyone, or whatever it is. I mean, bitcoin will continue to exist for as long as it takes.

[OzyMeister]

Looks like no-one is understanding your question.

The direct answer to your question, is yes, you can “destroy” bitcoin but not in the traditional sense.

The blockchain holds a record of the coins that get sent in and out of an address. The only way to send coins out of an address is to use the private key that created that address. No private key, no ability to send or verify those coins.

One could potentially “destroy” coins by sending them to an address that has no private key, or to simply send it to yourself and erase all copies of your own private key. This will result in those coins being lost in that address forever effectively destroying them.

Though technically speaking, there’s no real way to confirm that you’ve deleted all copies of a private key.

[subSTRATA]

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

I think the only factors that can destroy or make the value of bitcoin become zero is the scammer. Bitcoin will become safe as long as there is no scammer that can create a bad image of bitcoin. A good image of bitcoin can attract users to use bitcoin because the factor that makes the bitcoin increase its price that is because of people who continually use it.

i wholeheartedly disagree, there have been plenty of major scams in the past, and plenty of ongoing ones as well. naturally, there will also be a plethora of both attempted and successful scams in the future. in addition, a handful of these scams do make it to gain mainstream media attention, i remember seeing some coverage of bitcoin pyramid schemes somewhere a year or two ago somewhere, not going to find it right now, but im pretty sure a google search would turn up this and plenty more. in addition, you can just browse the scam accusations section of the forum for plenty of successful scams that took place on this forum. point im trying to make, scams have plagued the bitcoin community since its inception, and it's not going to stop, but it hasn't had an affect anywhere close to destroying bitcoin.

[wildflower18]

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

nothing can destroy bitcoin! Because bitcoin designed not to depend on anyone, or whatever it is. I mean, bitcoin will continue to exist for as long as it takes.

Bitcoin has become growing its users daily. It can destroy by users if continuing selling bitcoin that value become zero and no support from the community. In line with this, bitcoin nowadays will continue to grow and value is keep increasing.

[andthereyou]

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

Bitcoin is very famous today and its hard to imagined that it will be destroy. I belived that bitcoin will not be destroy not even a country. Like for example when china release a news that they banned bitcoin. It just create panic but now the price of bitcoins already recovering. During the panic the price reached $3000 and now it on the range of $3800-4000.

[eye-con]

Governments or any strong crypto

yes it is, look at what happened on china, they banned bitcoin because they think crowdfunding is illegal in their country. no little person was able to counter the decision of their government, even they have a lot of bitcoin holdings. they cant do anything about it.

[erick94]

Governments or any strong crypto

yes it is, look at what happened on china, they banned bitcoin because they think crowdfunding is illegal in their country. no little person was able to counter the decision of their government, even they have a lot of bitcoin holdings. they cant do anything about it.

the government has a big role in the destruction of bitcoin, I think it is in china government that plays a major role in the termination and prohibition of any project related to cryptocurrency.

[judeafante]

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

I agree with all of this, but Bitcoin cannot be destroyed by fake news alone coming from a so-called powerful personality or country it's just add to the list of Bitcoin's obituaries which is already a very long list.

[affandi]

which can destroy bitcoin is the market and enthusiast, when there is no longer interested in bitcoin then the price will slowly begin to fall and may die, and the market plays a big role in this, when the market is not willing to accept the existence of bitcoin and no longer people who want to trade bitcoin ,, this could also result in dead bitcoin.

[dlhezter]

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

i think theres no factors can destroy bitcoin, because most of people now are getting/they want to involve in bitcoin by investing their money on it. they can earn more profits day by day from bitcoin. so why do they want to destroy it if those profits that they can earn in bitcoin is more than what they can earn on their own job.

[Dilladupak]

no one can destroy bitcoin. it is now bitcoin. buyer more many again. the results are also many  imagine no one can destroy. all society already bewieve that olien in bitcoin forum more appropriate for you all.

[Kronos21]

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

i think theres no factors can destroy bitcoin, because most of people now are getting/they want to involve in bitcoin by investing their money on it. they can earn more profits day by day from bitcoin. so why do they want to destroy it if those profits that they can earn in bitcoin is more than what they can earn on their own job.

It seems to me that you are not right. The people themselves destroy bitcoins. who said that bitcoin is an investment project? This is the currency. We see limited turnover of bitcoin. This is bad for any currency. Saving your coins we pumped the bitcoin speculative money and build him a pyramid. It can overwhelm us with its wreckage.

[Hasbro27]

for now bitcoin is very strong, I think bitcoin can not be defeated maybe in a few years there will be another coin, like deeponion or ETH that can rival bitcoin, that's in my opinion.

[xanxus.kun]

the future of money is digital currency, even Bill Gates said so, the world's wealthiest man. I believe banks and even government cannot stop nor destroy the Bitcoin, for it is made for people, not for banks. digital currency shows how transaction can so cheap and almost free, in a secure, fast and reliable way, i mean who hates that aside from banks and government. It's unstoppable.

[Bagaji]

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

I don't believe that there any individual, institution or government that can bring bitcoin to a zero level. China influence on crypto currency in recent time was insignificant despite the ban by chines government on ICO and other crypto currency activities.    

[TIDOVEE]

Only God can stop bitcoin.(As to, WHO?) but asides , Global internet shutdown, world war, and rapture can stop bitcoin.

[julius caesar]

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

True, and if it really happen the only one who can destroy bitcoin is itself, China banned it already, it dumped but now continue to grow, several issues about its illegal features, being decentralized in which point government cant control it, still existing so I think the only one that can destory this is bitcoin itself.

[In the silence]

1. No one believes in bitcoin (because of something).
2. World war.
3. When the power grid/internet has been shutdown.

1. How can you define that if somone or no one do believe on Bitcoin? Hoe can you say that that individual/group may make Bitcoin's value crash?

2. Yea. This Would have a chance make Bitcoin to an end due to but can make bitcoin recover again after the war.

3. It's nearly imposible if they shutdown the internet mate. (It's like you're trying to gamble with 0.00( alots of 0 and 1). Almost everyone relies on internet.

[CarnagexD]

Until now no one can beat bitcoin, but if we talk in general only ETH has the potential to beat bitcoin, but I think for now ETH can not beat it.
But soon the possibility of ETH will be ranked 1

I think that bitcoin is a part of the technology that could bever be destroyed by any other form of technology. Becasue bitcoin could experience development and innovation a part to the inevitable changes that is one of the factor for people to earn. So it would rather experience more development rather than to be destroyed by the government or any other people.

[Naughtis]

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

There's no one can destroy bitcoin for now. Cause there's many country who used bitcoin and i think sooner its become better unless if all country was decide to banned bitcoin i think that's the only way to destroy bitcoin to have a unity all country who used bitcoin now will banned it but i know its not happen for now vietnam and india the bitcoin will legal and i read about the china is banned the bitcoin. Don't panic that's only china. It can affect the value but china can't destroyed bitcoin.