Who can destroy Bitcoin ?

[Bluestreet]

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

The only scenario in which bitcoin can die is when all the governments around the world declare bitcoin as illegal and start putting everyone using it in prison or imposing a serious fine one him. Otherwise there isn't any way that bitcoin is gonna die because internet is always live and bitcoin thrives only internet.

[anhhung409]

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

I think the person who can kill Bitcoin can only be the creator of it or the government. So far, these two forces are not always in the same direction and always hinder each other. Bitcoin is evolving and it is dominated by cash and fiat. People use it without paying taxes. Account information is always confidential and anonymous so that the government can not intervene and control it. So Bitcoin is always the thorn in their eyes

[TraderRay]

As of now, No One. But in the future, maybe when all countries' government act in unison to control it, the value will drop but not totally to zero

[alexsandria]

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

I think there are no people who can destroy bitcoin because as we observed today bitcoin can be a good thing to many people and most of the people who are using it all benefits from it. Many people have earn a lot in bitcoin and many people able to survive their financial problems as well as their needs because of the support of the bitcoin.

[ekoice]

In today's situation,no factor seems to have power to destroy bitcoin.Neither governments,nor banking sector or the legality issues have the power to stop bitcoin.It was earlier expected that china's actions against bitcoin would even destroy bitcoin.But now,that threat also has gone.No altcoin seems to have potential to replace bitcoin.Bitcoin may face a serious threat after twenty years when quantum computer might get introduced.It would be able to read the private key of a bitcoin wallet using its public key itself.

[endlasuresh]

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

The market value will never drop to 0, did you seen the current price is $5988 and 12 dollars away for $6000. There are no factors or problems for using Bitcoin as you see a lot of Govt are too involving in BTC world.

Today I heard on coindesk blog the Sweden Govt has sold Bitcoins for higher rate than the market value.

[ankylotic]

As of now, No One. But in the future, maybe when all countries' government act in unison to control it, the value will drop but not totally to zero

Exactly at this moment anyone would be able to destroy bitcoin because it is decentralized and well - known currency. It is also the most influential  cryptocurrency in the digital world and with the higher value. Bitcoin nowadays is the most powerful crypto coin and many investor holding it and which is the main strength of it and that will make bitcoin not to be replaceable.

[Eternu]

As of now, No One. But in the future, maybe when all countries' government act in unison to control it, the value will drop but not totally to zero

I think that you are right, it would be nearly impossible to destroy Bitcoin now. It have too much users and a lot of people support it, and those are still growing. One day we will see regulation of Bitcoin in all countries, but that will not happen soon. Bitcoin is growing so fast and it is great to see that.

[benalexis12]

No one can Destroy Bitcoin, but you canmanipulate the price of bitcoin. Government institutions right now are involving in bitcoin and a lot of company merging on blockchain.

[LevshaK1]

As of now, No One. But in the future, maybe when all countries' government act in unison to control it, the value will drop but not totally to zero

I think that you are right, it would be nearly impossible to destroy Bitcoin now. It have too much users and a lot of people support it, and those are still growing. One day we will see regulation of Bitcoin in all countries, but that will not happen soon. Bitcoin is growing so fast and it is great to see that.

Governments of different countries want to regulate bitcoin, but I doubt that they will succeed. But the government has long arms. Therefore, it seems to me that if bitcoin is punished with strict punishment throughout the world, bitcoin will die

[jak3]

I do not think that anyone can possibly win this war. Bitcoin is the best crypto currency out there and it will be the number one. Some people are really supporting eth and yes it is really good but that doesn't mean Bitcoin will be down. Bitcoin not only has higher price but also has more wide acceptance than eth.

[usekevin]

As of now, No One. But in the future, maybe when all countries' government act in unison to control it, the value will drop but not totally to zero

Good Analysis about the bitcoin.No one got a power to destroy the bitcoin.Many government till now tried to destroy the bitcoin.But the true is no one has able to destroy so.I think this is the reason for people calling bitcoin as a decentralized coin.They can't control the Value also.

[EllaPonchik]

Only people themselves can destroy it. Even the most influential can not influence him.

[SteffCoins]

As of now, No One. But in the future, maybe when all countries' government act in unison to control it, the value will drop but not totally to zero

I think that you are right, it would be nearly impossible to destroy Bitcoin now. It have too much users and a lot of people support it, and those are still growing. One day we will see regulation of Bitcoin in all countries, but that will not happen soon. Bitcoin is growing so fast and it is great to see that.

Governments of different countries want to regulate bitcoin, but I doubt that they will succeed. But the government has long arms. Therefore, it seems to me that if bitcoin is punished with strict punishment throughout the world, bitcoin will die

Bitcoin will not die. Believe it or not there will always be people who will keep it alive even under the control of all the countries. If it shall die, should have happened sooner. Now that it already has its roots deep, It will stay forever.

Drugs for example, even under serious government regulations,still alive. Reason: some still use them.

[Haunebu]

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

I feel that the only thing that can destroy bitcoin is the bitcoin holders themselves. If the holders dump all their bitcoin, bitcoin will cease to exist. This would most probably never happen. Bitcoin will keep growing and will keep going to the moon.

[hxk451]

Whether china totally Disallows those crypto cash for its country, What's more this is very much could reasonably be expected for association for the most recent news from china around the draconian measures continuously readied there clinched alongside connection to those crypto currency, this won't mean passing to bitcoin. Bitcoin will be very fit for surviving Furthermore effectively Creating without China, which need seen its huge Growth over the most recent three times.

[Reid]

Only people themselves can destroy it. Even the most influential can not influence him.

Yeah. It could be the FUD that could destroy it if we will all believe in it.
Not literally destroyed because that can happen but losing its value until it goes to zero is also like destroying it.
And who else can do that except the ones who believes in it, buyers and the users who keeps on supporting it and have faith in bitcoin.

[pushups44]

Nothing short of a worldwide catastrophe can stop bitcoin. As it is decentralized, no single entity or organization can take it down. Even laws prohibiting its use will be futile. As long as people are willing to exchange it for goods and services it will be valuable.

[BillCoin]

I think that the most dangerous risk to bitcoin is that if countries will start blocking it because they will count it as a  way to launder money.

Anyway, it is not possible to 'DESTROY' Bitcoin, because the network is not based on a single server, and it is spread over the whole world.

The only thing countries could do to bitcoin is to make it very hard to transfer from and to fiat, which is going to make it hard to use, but you will still be able to transfer bitcoins to other people, on the securest network in the world.

[dynospytan]

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

I think no one can make the value of bitcoin into zero, but i have an idea who can destroy bitcoin. We all know that bitcoin is a digital currency and If they shutdown the internet no one can earn bitcoin even it has a huge value. But i think it’ll never happen. It’s too far to happen.