I think only two incident can make bitcoin die. Firstly the price decrease for sure. because we all invested in bitcoin because we know bitcoin has a huge potential to go up in future. So if bitcoin price decrease to an insane level and we see no sign to increase it again, it may die.
secondly, legality issue can destroy bitcoin also. If the governments decide to ban all websites related to bitcoin and start cracking up bitcoin users, then also bitcoin will die unfortunately. However, none of these two incidents would happen very soon and ever.
First: There's just too much people that are all-in for the long haul in bitcoins. If the price decrease, some will just hodl, some will protect the coin and put a wall so the price won't go down any further. It's pretty obvious that if the price goes down insanely low, then people are going to pick the coin up, collect as much as they can in hopes that the price would go back to normal and earn profits.
Second: Ehm. Legality issue, I don't think that can ever be considered an issue because bitcoin resides on the Internet. The government has banned tons of activities on the Internet but we have online gambling, porn sites, and drug deals in one quick google Search. And then the deep web has become a total marketplace for people that can't put their online store in the normal web. And it seems that very little to none of this people has ever encountered "legality issues".
Internet is freedom.
