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Topic: Can Bitcoin Will be Zero - page 21. (Read 2011 times)

full member
Activity: 490
Merit: 106
February 09, 2018, 07:59:52 AM
#18
In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?
If all people will sell their Bitcoins or if no one wants to buy it and run a Bitcoin node anymore it will surely lose all of its value. Is that possible? yes but it is very unlikely to happen, even if there are lots of FUDs and when the price of Bitcoin plummeted really huge, there are people that will always buy when the price is low and that is proven many times before. There are governments, banks and institution that against of using cryptocurrency like Bitcoin and they want to destroy it by banning it and prohibit mining but can a single or few governments can really destroy it? the answer is no because there are more countries that makes the use of cryptocurrency legal.
full member
Activity: 658
Merit: 100
February 09, 2018, 07:58:14 AM
#17
Any possibility may occur, including bitcoin values ​​to zero
However, looking at the situation now is very likely that it happens, therefore do not ever think negatively about the future of bitcoin prices
full member
Activity: 378
Merit: 101
February 09, 2018, 07:56:52 AM
#16
Most likely the author of this topic was reading outdated news. But even if they are new, this is just another negative news background. Because the market is still in a downward movement. The price for Bitcoin 0 is simply not possible at least due to capitalization.
They are freshly new made news from a bias and Fudders mainstream media, one google search of that topic then boom, you will see bitcoin is a scam or dead, it's really common to see them spreading these lies, injecting their articles and news to the newbie holders.

In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?
That news is nearly impossible right now, still, BTC has tons of supporters and investors and if that day would come that bitcoin almost reach zero value, some whales would probably take a bath from a cheap price of btc pumping the price again.
newbie
Activity: 91
Merit: 0
February 09, 2018, 07:55:57 AM
#15
I am agree to you.
It is possible to bitcoin price will go 0$ value. I will not surprised if bitcoin price down. The big problem for bitcoin is. Government don't accept it. Just not only that Gov. are against to bitcoin. So, there have possiblety to Btc price 0$ Cry
member
Activity: 182
Merit: 11
February 09, 2018, 07:47:57 AM
#14
thats only thinking. but it doesn't mean that the price of bitcoin is going to zero and the other cryptocurrency. because we have a lot of user and a lot of investors so that if we have a investor that will investing bitcoin no could say that bitcoin price is going to zero. if you are bitcoin lover you should think positively about the price of bitcoin.
sr. member
Activity: 1610
Merit: 264
February 09, 2018, 07:38:24 AM
#13
Bitcoin can't be zero. Such basic programs could already be used if the potential ban as a threat could pull its price down to the solid floor. As the government from different countries mostly from India, Korea and Russia, there is no turning back now from the support and the denial of these FUDs coming from the competitors or misinterpreted people. Bitcoin has reached the front of the currency among all other cryptos like Ether, Ripple, LC. All these cryptos follow each other in a network of investors around the world. There could be threats, but will just stay a threat and not its "death". Other coins will support it indirectly because it is still inside the crypto as its competitor. As long as a coin is alive with a cent, other's will live especially Bitcoin, like it is the last thing to die in crypto when other coins die which is really unlikely as these coins have different functions with different convenience provided to all people while competing in price in different coins in the market. If Bitcoin will be zero:

*There will be ways to revive it. It could die one day, but it will revive as it holds a various potential already to dominate.

*If Bitcoin dies and another grows, it could still represent Bitcoin judging by its legacy. People will still look to it as Bitcoin. "X Coin, the new Bitcoin???" People will mostly say these if another dominates the market.

*Unlikely but government could somehow sort of "replace" it by making there own coin, because we already know that governments are aware of these cryptocurrencies and we still don't know what other government has in their minds and decisions.

member
Activity: 85
Merit: 10
February 09, 2018, 07:41:00 AM
#13
Total collapse is impossible Daniel you know that.
newbie
Activity: 132
Merit: 0
February 09, 2018, 07:19:55 AM
#12
Of course it can but all has to be done from the beginning and it is very difficult to be at the forefront. But if we really learn and have strong adhesion all can be achieved Smiley
jr. member
Activity: 182
Merit: 2
dApps Development Automation Platform
February 09, 2018, 07:16:13 AM
#11
In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?

There is a possibility that Bitcoin will become zero value and all other coins will follow. Financial experts are predicting that this will happen in the future. However, looking at the situation now, this just a black propaganda to discourage people in investing in crypto. Remember that Bitcoin is a threat to them that's why they are making all possible things to bring down bitcoin.
jr. member
Activity: 173
Merit: 1
February 09, 2018, 07:11:14 AM
#10
To my mind, in near future, it's practically impossible...
the might be some unexpected changes, always but the chance of it now is very low.
full member
Activity: 644
Merit: 103
February 09, 2018, 07:06:41 AM
#9
That might true for other cryptos (most especially for shitcoins) but not for bitcoin. You can imagine it like this: Bitcoin is the "king", Ethereum is the "city" where bitcoin rules and ICO's are the "stores" in that city. Those stores can close-up anytime but the king and its city will still function as it was before.
member
Activity: 182
Merit: 10
February 09, 2018, 06:59:07 AM
#8
Most likely the author of this topic was reading outdated news. But even if they are new, this is just another negative news background. Because the market is still in a downward movement. The price for Bitcoin 0 is simply not possible at least due to capitalization.
hero member
Activity: 882
Merit: 544
February 09, 2018, 06:49:30 AM
#7
In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?

I think there is always a chance that BTC will be worth 0 one day,even Satoshi Nakamoto say "I'm sure that in 20 years there will either be very large transaction volume or no volume".

It is well known thing that banks and other financial institutions do not have a friendly attitude toward BTC and others crypto coins,something like that is a threat for today's system in which they generate huge profits.So you do not have to be surprised when you read such news,it is only FUD and it show that system is in fear of change and losing control.

I think that BTC is show resistance through the years and it is far away from 0.
You are right and I cannot see a scenario where btc is going down to 0 in the near future because of a lot of support not just from users, but from citizen's of countries that have legalized it. Also, some financial institutions doesn't see Bitcoin as a threat. In fact, some of them wants to harness the innovative tech of bitcoin to further improve their services. Some governments also just only want to regulate it but they don't see it as a threat anymore.
member
Activity: 266
Merit: 10
February 09, 2018, 06:47:38 AM
#6
I'm sure that this will not happen that bitcoin will cost 0, it's only the intimidation of people that they abandoned this currency because the leaders of countries can not control and manage this coin, and lose their grudging amount of their capital as people have found an alternative substitute for the dollar!
newbie
Activity: 23
Merit: 0
February 09, 2018, 06:44:21 AM
#5
I remember this had been asked before.  Huh
Anyway, OP it will never happen and if it does the whole cryptocurrency will fail. We can see there are still many investors interested to CRYPTO so it will never happen.
jr. member
Activity: 266
Merit: 1
February 09, 2018, 06:41:52 AM
#4
It is anybody's guess.  But if it is as it is now for many more years I would wonder what it was for.  My opinion is that the big banks are working at this very minute on their own crypto and it's a race to see who is the first one out.  I did read that it is possible in years to come for a few cryptos to exist and people will have a choice of what to use.  Like currencies are now with dollars euros  and so on. 
newbie
Activity: 41
Merit: 0
February 09, 2018, 06:38:16 AM
#3
there will be touching holders Roll Eyes
legendary
Activity: 3234
Merit: 5637
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February 09, 2018, 06:30:36 AM
#2
In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?

I think there is always a chance that BTC will be worth 0 one day,even Satoshi Nakamoto say "I'm sure that in 20 years there will either be very large transaction volume or no volume".

It is well known thing that banks and other financial institutions do not have a friendly attitude toward BTC and others crypto coins,something like that is a threat for today's system in which they generate huge profits.So you do not have to be surprised when you read such news,it is only FUD and it show that system is in fear of change and losing control.

I think that BTC is show resistance through the years and it is far away from 0.
newbie
Activity: 205
Merit: 0
February 09, 2018, 06:00:15 AM
#1
In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?
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