Who can destroy Bitcoin ?

[bestluck]

Bitcoin is developing strongly and popular in the world. Therefore, bitcoin is very difficult to kill. I think the only way to destroy bitcoin is to permanently disconnect the internet globally.

And it is not going to happen because if it will happen then it will also stop the businesses of many people and it will numb the world economy and many people will lose their income. So for their success these people will try their best to continue the internet. and so bitcoin will be there forever.

[Gabrieelle]

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

There is no person, organization or even government can destroy the bitcoin. The bitcoin is very strong.

Yes that is what we want to believe that nothing can destroy bitcoin. That is what everybody is hoping for but we must also accept that there might be some factors who can destroy it. For example the government, hackers, etc. That is the reality of bitcoin.

[Yatsan]

The only thing that cen destroy the bitcoin is the people imagine if all the holders of the bitcoin sell their coin that is the one that is going to destroy the market because the bitcoin is only depends on it's investor but I think that is not going to happen so I think bitcoin will stay forever as long as the internet is present in our society.

[valentine401]

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

No one can really destroy bitcoin but if there you are going to ask if bitcoin can be removed then yes it is, Governments have the power to disable the circulation of the bitcoins in their country but i hope that they wont come because bitcoin is already one of my sounce of income.

[FACCIOSOLDI]

being inherently limited by nature
this sucker is here to stay - why?
the more mining prices go up
the more bitcoin values soar
it takes so much electric power to generate one single bitcoin that it is, in and of itself, limited.
hence its value stable if not skyrocketing

just take a look at what gold has done over the past 5000 years
same will happen for bitcoin

because unlike fiat money, cryptos are actually backed up - unlike fiat money that gets printed without any gold backing.

[eann014]

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.

I think you have a point. There is a possibility that bitcoin will destroy by a big government has a big role in destruction, and if people will get affected with that, it will slowly destroy, especially when most people are stop using bitcoin and have a panic selling just like what happen when hard fork time.

[Babylon]

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

Just dropping bitcoin names is people who are rich or alive. Because they think bitcoin is so stealthy, especially the government is thinking of it. But hopefully they will analyze how well it starts or what or how bitcoin helps each Filipino citizen. Just for example, china, they say that they say bitcoin, many are opposed to their intentions because many of our worlds need bitcoin and its ability to lift us to the life we ​​stand today. bitcoin will be demand across the corner of the globe and will be trusted by every person .

[Sweeet]

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

I always thought since there is no laws or limitation some Multi billionare could just buy all the bitcoin for sale and hold over 50% of all bitcoin and make the demand rise and then just unload Bitcoin and cause a bubble to burst, but if you think of it that would be a very difficult operation to run. He would definitely need to hire some people to purchase bitcoin day in and day out from companies and from actual people. It would probably take years to own over 50% of Bitcoin, if that amount is even up for sale or to be up for sale now. Then selling it would be even more difficult and couldn't be done quickly enough to rupture the economy of bitcoin. This is just one idea although probably impossible there are other factors that could cause bitcoin to lose most of its value.

[wolfracer]

The Technology without any doubt. A technological advance that isnt in your favor could dethrone or the most pessimistic case disintegrate the btc in a single click. attacking like this against the security and the trust that user deposits in Bitcoin.

[otol55]

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

When all countries forbid the use of Bitcoin then Bitcoin will not be worth it.
so I think that can destroy Bitcoin is the Government.

[bitcoinrun321]

Are there any indications of bitcoins value depreciating and being a waste in the end?

[william8829]

There is legend that the Titanic had the saying 'not even God can sink this ship' written on its hull.  Although I will not go so far as that, I will say that bitcoin is very invulerable.

But everything has a weakness.

Bitcoins greatest threat would be fear.  Bitcoin is very powerful but also very knew.  Who knows what will be tomorrow or over the next few years

[mostkey]

There is legend that the Titanic had the saying 'not even God can sink this ship' written on its hull.  Although I will not go so far as that, I will say that bitcoin is very invulerable.

But everything has a weakness.

Bitcoins greatest threat would be fear.  Bitcoin is very powerful but also very knew.  Who knows what will be tomorrow or over the next few years

all systems do have weaknesses, but I believe that bitcoin can not be destroyed, because if we look from the side of a very global user, have been made sure that the bitcoin security system is very strong and impossible to destroy, if this happens will happen which is very burdensome in the world economy

[coinluisa]

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

Bitcoin will destroy and back to zero if no one is want to use it and if all Internet connection in worldwide are shut down.  But in other hand is think it will not happen because bitcoin is part of our daily life  because this is easiest way to regarding to send coins and transaction.

[Ewinsane]

As long as there are investors, traders and miners then bitcoin can exist and no one can destroy it. Not even China, because bitcoin has already captured popularity globally, its much more harder to destroy. Banning is different though, a certain country can temporary affect the ecosystem like China did, but it doesn't mean that they can destroy bitcoin. Look at how bitcoin recover from all the attacks recently, specially Jamie Dimon. So as long as we are here and put our trust on the system, but it can survived up to the last mine bitcoin. So personally, I have no doubt that no one can destroy it.

The question to the bitcoin destroy has only one answer that there is nothing that can destroy bitcoin in past many attempted to take it down and they are defeated by the bitcoin easily. So no one can destroy bitcoin and there are so many investors who are investing in it and still more are coming toward it so this is impossible to destroy such a powerful coin.

[yunita]

until now there is no scenario that is able to overthrow bitcoin, every issue that makes bitcoin destroyed price in the market continues to climb, this can happen because bitcoin users are very solid

[lionheart89]

i think that can destroy bitcoin is:
1. government regulations
2. a decrease in public interest or confidence in a large scale against bitcoin.
3. hackers.
4. internet shutdown.

[UchihaRukawa]

The only one who can destroy bitcoin and the cryotoworld is the people itself. If no one would bother taking notice of bitcoin then it won't have any value at all. But if people are just very interested and are investing more and more, then no one and nothing can stop bitcoin and the cryptoworld from growing.

[lili song]

The only one who can destroy bitcoin and the cryotoworld is the people itself. If no one would bother taking notice of bitcoin then it won't have any value at all. But if people are just very interested and are investing more and more, then no one and nothing can stop bitcoin and the cryptoworld from growing.

When there is no demand for bitcoin for example when internet is down because of war , bitcoin become worthless
So technically bitcoin can't be destroy and  can be ignore only

[avilsd]

The lack of use, giant marketing campaigns against it, any particular figure that is well connected with tens of billions of dollars. They'd need a movement though and honestly it'd be too much time to go against it. If you can't beat em, join em