Topic: A Simple Reason Why Bitcoin and Crypto Prices Must Fall to Zero (Read 689 times)

Thank you for the reminder mate I will keep this in mind and will never forget same as I will Save and bookmark this thread for further update if what happened in Bitcoin after the halving in the next halving , if what you said is correct then the price must be declined next year and will continue to declined in the next 4 years cycle , and then zero ..
but if this never come , make sure that you will still here to accept our words towards you.

OP I think you're confusing Bitcoin with Crypto.

Altcoins (ie random tokens that have no real usage or purpose) do indeed go toward zero over time against Bitcoin.

Bitcoin, on the other hand, is a highly valuable global currency with tremendous utility for the world. Humanity has always had incredible demand for things with the qualities of Bitcoin: scarce, high utility, incorruptible.

So while yes the average random crypto token whether a useless meme token or a token for a random app that isn't successful...these will go toward zero over time, the one thing we know is that Bitcoin will continue increasing in price over time UNLESS something similar that is significantly better comes out at some point that can wage war with Bitcoin over its territory. But the likelihood of that happening looks incredible low, because obviously its not a matter of copying the code (as endless cryptos have done), but its a matter of establishing the immutability/decentralization/security/community like Bitcoin and it doesn't seem likely any future attempt at a global open currency could succeed at that since we already have Bitcoin. Such a theoretical competitor would have to be at least an order of magnitude better than Bitcoin in terms of usability, and just as good as Bitcoin at all those previously mentioned things (which is by far the hardest part) to even attempt to compete with Bitcoin.

So yes Crypto prices will (and already do) fall towards zero, at least for things that haven't found real use which in Crypto is so far everything except Ethereum and Ethereum is the exception only because it's where all that failed stuff lives so Ethereum is kept alive by the constant failed experiments. But while specific cryptos fall toward zero over time Bitcoin is the thing that will keep going up over time because it has the thing that all the other cryptos have failed to find: incredible utility and fundamental value to humanity.

Determining the value of anything is always a challenge, however what we need to wonder is if the value of bitcoin should be above zero? And obviously the answer is yes, bitcoin allows you to offer your products and services to clients all over the world without having to go through all kind of paper work at your local bank, it gives you full control of your assets, while offering you a decentralized environment and protection from the devaluation of fiat currencies, all of that must be worth something, now how much bitcoin should be worth? Right now the current agreement on the markets is a price above 34k.

It would be quite reasonable to imagine what the future of Bitcoin will be after looking at the facts over the last ten years of what has happened to Bitcoin, because from that alone actually everyone can make a slight conclusion that Bitcoin will indeed have a fairly bright future as long as it is in demand. can continue to increase through new users coming into the market to continue buying Bitcoin after making their own considerations. So maybe there is no reason for those who are familiar with Bitcoin to say that its future is not good because the evidence is also clear.

I can understand when one is doubtful about real demand of Bitcoin. But Bitcoin is literally giving people like me (out of first world countries) opportunity to trade internationally, cheapest and the most headache-free way. Bitcoin's decentralized nature makes it very very useful. I understand many people believe Bitcoin is overvalued but to be honest, even if it was couple of cents I would use it because of its decentralized nature.

It is that the premise under which you put it is simply false. The demand for Bitcoin is not speculative, on the contrary, it is real demand for the best financial asset to store and transfer value in large quantities and without censorship. As your knucklehead does not understand that, you keep repeating the same falsehood, which you have heard from some Bitcoin hater like Peter Schiff, and from there you mount the OP's rant.

I hope at least you are putting your money where your mouth is and betting against Bitcoin. But I'm guessing not, you Bitcoin haters have a lot of theories but you don't bet down, you keep saying bullshit like that about demand not being real when the price goes over $10, and then over $100 and then over $1K, and so on.

@philipma1957 are you getting fun? I don't see the point to discuse with someone that don't want to see the obvious, @JamesNZ is a bitcoin hater just like the other guy jvanname.

[sarcasm]
No one in the world want a decentralized and robust P2P system of interchange of value that remove of the Intermediates banks and government   

Obvious there is no demand for that right?
[/sarcasm]

dude that is real demand. BTC's single biggest ability is convert power into wealth. which means it can be used to maintain grid levels properly all over the world.

and how exactly the blockchain can come to a complete stop so suddenly from having massive traffic, the thing with bitcoin's blockchain is that if there's less miner, then there's bigger rewards, which also will motivate new miners to come in, it will keep running, only when bitcoin suddenly lost its value to quite literally zero, which isn't likely to happen, then miner will not feeling get motivated since there are no worthy reward, even then the blockchain might still be running.
its overall not realistic scenario with bitcoin falling to zero, it just doesn't seem gonna happen even in the future though this just my 2 cents but i'm pretty sure bitcoin value will still high even decades to come.

How many times did we heard that Bitcoin is and was a bubble and until now it hasn't popped? Well, for so many times we'd heard of the same thought about it being a bubble and it did popped as what you're trying to say and that's during and every bear market. That's not enough to prove that there's real demand and it's able to get up and back from the better price that we're right now? It's still quite far from the ATH but that's not the basis of it, the current price of it compared to the past years has been stably showing that there's a real value, a real demand that everyone is getting on it. Studying the model and economics of it, it's something to be amazed of because it's sustainable and this is like another new beginning for it opening a new demand soon.

I don't see any reason why the price of bitcoin has to be zero, the people who are enemies of bitcoin are not going to allow it either, because every enemy of bitcoin, since they have bitcoin, they are not so stupid, knowing that bitcoin is devastating 'co with such a low price and it has reached 70 thousand usd, that means that at any moment it can reach more than 100 thousand usd, and that makes anyone greedy, because quietly they buy bitcoin and continue buying, but no I know they earn by making life impossible, maybe they make life impossible for bitocin so that the price drops a lot and they take advantage of buying.

Bitcoin's future is known. Remember how much it cost 10 years ago, no one could imagine how much bitcoin would cost now. Of course the order of price change will be much smaller than it was at first, but bitcoin's deflationary model will always make it more expensive because demand will exceed supply.

Still, no one is addressing the topic at hand - the difference between real and speculative demand.

Took you more than 17 days to make a reply.

Here is real use for you. Texas has wind and solar for power  lots and lots and lots of it. Texas has flare natural gas which they use to burn off.

Texas Now uses large BTC mines to Manage excess power which has happened on multiple occasions .

Some of the worlds larges BTC mines are helping to stabilize Texas Power grid. + fact and real use.

The Bitcoin market is volatile and its future is not known.  We can speculate yes, but the future of Bitcoin price is still unknown.  This means Bitcoin has the possibility to uptrend or downtrend, this depends on the people that are supporting the Bitcoin market.  

The enemy of Bitcoin will not touch a single satoshi because they will not support its economy unless the person is pretending to be anti-Bitcoin just to manipulate the market to take advantage.

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As for the Bitcoin price, Bitcoin has already established its fundamentals so it is hard for the Bitcoin market to fall to zero.  Bitcoin has already been integrated to many companies so there is already a real life use case thus strengthening its position in the marketplace.

The price of bitcoin could be zero if mining stops and the blockchain comes to a complete stop. Bitcoin would then become worthless. But since a few pizzas have been bought with bitcoins, it has gained value. Now the biggest companies have loud coin mining capacity and pay big money for electricity. For this reason alone, bitcoin can't be worth $0.

I don't see any reason why the price of bitcoin has to be zero, the people who are enemies of bitcoin are not going to allow it either, because every enemy of bitcoin, since they have bitcoin, they are not so stupid, knowing that bitcoin is devastating 'co with such a low price and it has reached 70 thousand usd, that means that at any moment it can reach more than 100 thousand usd, and that makes anyone greedy, because quietly they buy bitcoin and continue buying, but no I know they earn by making life impossible, maybe they make life impossible for bitocin so that the price drops a lot and they take advantage of buying.

As we know that cryptocurrencies are digital assets which of course can be abandoned at any time, digital assets with algorithms which of course have weaknesses or keys to open them, currently we think it is impossible to know the private key, but developments will continue to occur and one day it will be easy to find out private key thus making cryptocurrencies abandoned.

It's funny how literally no one addresses the topic at hand and just talk about the usual crypto stuff or make ad hominem attacks.

 scrypt with LTC and Doge merged mining ⛏️ Is better than BTC in the long term.

Satoshi wants power to make wealth.

Sha-256 burns power making wealth but down the road rewards will zero out.

Scrypt burns power making wealth but down the road rwards via doge don’t zero out.



The op bailed as he was just a troll with pointless ideas.

pow coins create wealth and will continue to do so for years to come.