And if Bitcoin price comes down to 5k, I'd buy more because it'd be a great opportunity to be in even more profit in the long run.
Topic: Bitcoin price fall to Zero? Possible or not? - page 5. (Read 1033 times)
It is possible for Bitcoin to fall to zero but not very probable, imo. Most of the governments don't seem like they aim to ban Bitcoin forever in their country. On the contrary, they make regulations and impose a tax on Bitcoin.
And if Bitcoin price comes down to 5k, I'd buy more because it'd be a great opportunity to be in even more profit in the long run.
And if Bitcoin price comes down to 5k, I'd buy more because it'd be a great opportunity to be in even more profit in the long run.
O course it can drop below 5k probably not zero , anyhow , I got a gut feeling the the whole crypto markets going to crash soon, all the Alts are so over valued it’s ridiculous,
Bitcoin is achieving very high decentralization so a zero value prospect is unlikely. I have thought a lot about this issue like the power outage or the internet outage around the world or all the institutions abandoning Bitcoin. Bitcoin has enough experience for every bad news, there are hundreds of value collapses so it can be said that when Bitcoin is dumped, people buy immediately.
Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.
There are people who will never buy if Bitcoin nose dived to $5,000 from its current price of $60,000+. They will say the "bubble" has burst and that buying at that price is catching a falling knife. Didn't we experience it when Bitcoin crashed to $3200 from its ATH in 2017? These ones waited until price picked and then they started chasing it.(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.
From the various options above, I think the one that will greatly kill Bitcoin is the number 3. Others won't bother the Bitcoin community as much.
A trillion dollar asset going to zero? I don't think people ask that kind of question with similar assets? Will silver ever be worth zero? Will google someday be worth zero? If we talk about 100 years from now maybe because you never know. But if we talk about nearer futures it is practically impossible. It is much more likely that its value will reach $1M and more.
It's simply because people still erroneously think Bitcoin is a bubble. People forget that there is a paradigm shift going on as it were globally and that Bitcoin is leading that shift. 
I don't believe Bitcoin will drop to $ 5k, let alone Bitcoin price falling to zero, it is absolutely impossible to happen. As long as there are still
transactions with Bitcoin, it is impossible for the Bitcoin price to fall to zero. Because with many institutions investing in Bitcoin nowadays,
Bitcoin fundamentals are getting stronger. This is what keeps the Bitcoin price above $ 50k in my opinion. But if it is true that Bitcoin drops to $ 5k,
I will buy a lot of Bitcoin. Because the Bitcoin price will definitely recover quickly.
transactions with Bitcoin, it is impossible for the Bitcoin price to fall to zero. Because with many institutions investing in Bitcoin nowadays,
Bitcoin fundamentals are getting stronger. This is what keeps the Bitcoin price above $ 50k in my opinion. But if it is true that Bitcoin drops to $ 5k,
I will buy a lot of Bitcoin. Because the Bitcoin price will definitely recover quickly.
Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
The market need it for volatility. Without volatility, you can not trade bitcoin.Quote
(1) No way to trade bitcoin or exchange it for goods and services.
You can not trade bitcoin on centralized exchanges but there will be many other ways to trade bitcoin. On peer to peer marketplaces, on decentralized exchanges. Another way is direct exchange with bitcoiners around you. Everyone can make direct deals with each other and finish their trades.Escrow services will be mandatory for your safety.
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(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
How many years since the birthday of bitcoin? 12 years and governments won't ban bitcoin or cryptocurrency as we have seen. They only have more rules, regulations on this market. That's all they will do.Quote
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
If you have electricity, power, infrastructures, mining rigs (ASICs), and skills to set up your rigs, connect to bitcoin nodes, pools, you can mine. The network will keep moving forwards.Apocalypse will destroy all things on this planet and bitcoin network will be killed only by this way.
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(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.
Altcoins? They are shit coins and they can not kill bitcoin. They can only kill themselves, make suicide and end their lifespans. 
A trillion dollar asset going to zero? I don't think people ask that kind of question with similar assets? Will silver ever be worth zero? Will google someday be worth zero? If we talk about 100 years from now maybe because you never know. But if we talk about nearer futures it is practically impossible. It is much more likely that its value will reach $1M and more.
- One million dollars for a bitcoin, that is really the attractive number that many people want but I worry that you will not have the patience to look at that scene when a lot of perfect conditions are needed to optimize bitcoin to this price point, the biggest problem will be the interest of the government, they will hinder a money laundering tool. But even if bitcoin fails to achieve such a goal, forcing it to go back to zero is just too much of an imagination, a large number of investors will help the price of bitcoin maintain at its perfect level, they do not want to lose money so easily. 
Well, the poll puts $ 5k but we must remember that a little over a year ago bitcoin reached $ 3k. The minimum value of any cryptocurrency is given in its precision or subunit value, technically it cannot be zero. And in practice it is very difficult that there is no supply and demand for a bitcoin.
I don't think that Bitcoin could ever fall to zero. Take a look at the shitiest of shitcoins right now and you'll see even they likely haven't fallen to zero. There is too much stuff that bitcoin can do that will keep bitcoin above zero not matter what in my opinion. I suppose it is always possible that another coin overtakes bitcoin, but I don't see that happening anytime soon. For bitcoin to go to zero that means everyone would have to sell and I just don't see that happening.
A trillion dollar asset going to zero? I don't think people ask that kind of question with similar assets? Will silver ever be worth zero? Will google someday be worth zero? If we talk about 100 years from now maybe because you never know. But if we talk about nearer futures it is practically impossible. It is much more likely that its value will reach $1M and more.
I don't think the Bitcoin price can fall "to 0" unless some serious bug/error/exploit is found.
Then it depends on how fast the price and people reacts, but I expect most remain bag holders instead of selling fast enough.
However, the scenarios written in the topic are highly unlikely.
Indeed, because of the big money in it it has to be something serious.
But if an exploit is found and investors lose confidence, everybody will hurry to sell. Of course, 1BTC = 1BTC, no matter what.
It's rather difficult to fall so low. It may never go under 5 digits....
Then it depends on how fast the price and people reacts, but I expect most remain bag holders instead of selling fast enough.
However, the scenarios written in the topic are highly unlikely.
No, this is not possible in the next 10 years, because a lot of money has been invested in bitcoin.
Indeed, because of the big money in it it has to be something serious.
But if an exploit is found and investors lose confidence, everybody will hurry to sell. Of course, 1BTC = 1BTC, no matter what.
But the price may return to $3.5k
It's rather difficult to fall so low. It may never go under 5 digits....
No, this is not possible in the next 10 years, because a lot of money has been invested in bitcoin. But the price may return to $3.5k
If we think that Bitcoin will able to reach $100,000 in the future, then we could say that Bitcoin will never fall and back to zero in value.
ZERO means nothing and it means people are not investing/holding any crypto at all. Is this be possible? No direct answer for this but as usual, people are asking and hoping that this crypto could last longer and so latecomers still have the chance to enjoy their life having Bitcoin.
ZERO means nothing and it means people are not investing/holding any crypto at all. Is this be possible? No direct answer for this but as usual, people are asking and hoping that this crypto could last longer and so latecomers still have the chance to enjoy their life having Bitcoin.
No, this is not possible in the next 10 years, because a lot of money has been invested in bitcoin. But the price may return to $3.5k
What will happen in the next 10 years? Have you seen it already? I hope I could believe that but it can't and I was believing nothing it happens like that.
Really this is an uncertain topic the bitcoin price will be fallen or raised. The term “blockchain” has become a buzzword lately, but few know what exactly is behind it.
The blockchain topic is polarizing and has recently become media hype. Many see blockchain technology either as an all-purpose weapon.
We will help you to find your own point of view on bitcoin technology and show which properties are really innovative and which are nothing more than hype. Get the idea from this Blockchain: hype or innovation online course free of cost.
The blockchain topic is polarizing and has recently become media hype. Many see blockchain technology either as an all-purpose weapon.
We will help you to find your own point of view on bitcoin technology and show which properties are really innovative and which are nothing more than hype. Get the idea from this Blockchain: hype or innovation online course free of cost.
Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.
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It is a decentralized market where the price is determined by the demand and the supply. As long as there is one person who will buy bitcoin (creating a demand), the price will never go to zero. And I am sure there is at least one single person in the earth who will still want to hold and buy bitcoin even if it crashes very badly.(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.
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Again, it is a decentralized coin and the government can't ban it. There is no central authority who government can ban. If they wish to truly ban the coin, they will have to ban each and every citizen from using it and closely monitor them.
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To zero is too absurd, so please revise the title at least.Even if government imposes a ban to cryptos in their country, people would still find ways like p2p transactions.
From what I said from these ban-related topic in their ISP, people would still be able to use VPN.
Number 4 is like a "bruh" moment to happen, so I doubt that.
What a nonsense topic, bitcoin will never lose its value in the market especially that it has already a lot of investors.
Bitcoin is developing and improving day by day and it is really now reaching $100k mark and it is not impossible.
Also there's no reason for bitcoin to fall into $5k price because there are already a lot of coins that can also push bitcoin to much more popularity.
Bitcoin is developing and improving day by day and it is really now reaching $100k mark and it is not impossible.
Also there's no reason for bitcoin to fall into $5k price because there are already a lot of coins that can also push bitcoin to much more popularity.
If price below 5k from this current price, maybe a lot of people already sold their coins and wait good price to buy, maybe because of that people will choose to buy more include me. And for bitcoin price fall to zero, i think it can be possible since there are a lot of reason maybe why people not use bitcoin anymore.
Once the bitcoin will no longer tradeable the price of the bitcoin will not change so I don't think why you included this as one of the reasons. Bitcoin would never be zero, as its current price I don't think that it would be possible for bitcoin to get zero because once the bitcoin's price will go down, people will take this chance to buy more bitcoin and invest, and by that bitcoin will pump once again. The government won't make bitcoin go. to zero and they can't even kill bitcoin as well. Bitcoin already proves itself for many people and investors to the point that even huge companies have bought a crazy amount of bitcoin just like what Tesla has done.
no way the number 1 could work if without the help of number 2 even though 2 is serious but atleast there is a chance of unban but if number 3 will happen no way btc will be useable even if no worldwide ban will happen while the the number 4 is not enough to push the price to zero because if you look at other cryptos that are overtaken by other new cryptos , thier value didnt plunge to zero . you should relate your poll to your topic , make it zero instead of 5k
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