Topic: can my bitcoin drop to nothing - page 3. (Read 5482 times)
No way for now. With the current total market cap of bitcoin, it's billion dollars and I don't think we will see bitcoin's worth back to $0. Even there are still doubtful with bitcoin's growth I would say that this is still good to be considered as strong market.
Its theoretically possible for bitcoin to drop really far down but given the momentum its got I doubt it. Also it will never go completely to 0 as all you would need is 1 person in the entire world willing to buy it off you for it to have a non 0 value.
Maybe it's true so bitcoin who really value prices go down much of the market make many people become disappointed in the price values so that the users of the bitcoin confused will drop the prices but I believe is just temporary till who are willing to buy your bitcoin as prices come down and it's very losers once
There are some strategies especially to big investors like selling all their coins, and when some people being conscious on what the big fishes are doing, they will be doing what the big fish do, but the thing is, these small fishes are being baited so the big fishes can eat them. With these scenario, even the price go down, it will always sky rocket up, that is how digital currency roll, so there is no need to panic.
willing to buy your bitcoin as prices come down and it's very losers once
What is Your Strategy?
Its theoretically possible for bitcoin to drop really far down but given the momentum its got I doubt it. Also it will never go completely to 0 as all you would need is 1 person in the entire world willing to buy it off you for it to have a non 0 value.
Maybe it's true so bitcoin who really value prices go down much of the market make many people become disappointed in the price values so that the users of the bitcoin confused will drop the prices but I believe is just temporary till who are willing to buy your bitcoin as prices come down and it's very losers once
With bitcoin as well other digital currencies nothing is assured. So it's good to to buy and they have even crossed the time lag with the price movement. Dropping to nothing could happen when the entire world gets destroyed due to some force.
Why just digital currencies ? If you look into our real life, nothing is assured.But with the respect to bitcoins, we can be sure about its strong encryption algorithms and its core concept of having decentralised financial systems are having huge potential to be welcome by all the people of this world hence we can have faith with bitcoin ecosystem always to have bright future. Like you have mentioned, bitcoin may drop to zero only when something unexpected like atomic war/arrival of aliens do happen.
With bitcoin as well other digital currencies nothing is assured. So it's good to to buy and they have even crossed the time lag with the price movement. Dropping to nothing could happen when the entire world gets destroyed due to some force.
Nothing is impossible, anything can happen in this world. As well as bitcoin prices. However, about technology bitcoin systems it seems unlikely to happen. Bitcoin using internet technology, meaning that as long as there's internet then bitcoin still used and have price.
Bitcoin will not fall much less until it becomes zero, very large capitalization signifies the level confidence of people on bitcoin is very high . Bitcoin has been spread and owned by many people. Maybe price will go down, but not until becomes nothing.
Bitcoin prices like today, i believe is'nt Bubble Effect. Increase or fall bitcoin price pure of supply and demand factor. Because its seen from characteristics of bitcoin, worthy of investment choice.
Nothing is impossible, anything can happen in this world. As well as bitcoin prices. However, about technology bitcoin systems it seems unlikely to happen. Bitcoin using internet technology, meaning that as long as there's internet then bitcoin still used and have price.
Bitcoin will not fall much less until it becomes zero, very large capitalization signifies the level confidence of people on bitcoin is very high . Bitcoin has been spread and owned by many people. Maybe price will go down, but not until becomes nothing.
Nothing is impossible, anything can happen in this world. As well as bitcoin prices. However, about technology bitcoin systems it seems unlikely to happen. Bitcoin using internet technology, meaning that as long as there's internet then bitcoin still used and have price.
Bitcoin will not fall much less until it becomes zero, very large capitalization signifies the level confidence of people on bitcoin is very high . Bitcoin has been spread and owned by many people. Maybe price will go down, but not until becomes nothing.
Nothing is impossible, anything can happen in this world. As well as bitcoin prices. However, about technology bitcoin systems it seems unlikely to happen. Bitcoin using internet technology, meaning that as long as there's internet then bitcoin still used and have price.
I think Bitcoin community had been established and there are many speculators that can push the price of bitcoin every now and then. So I do not think that bitcoin price will drop to nothing. There are major company that are investing in this cryptocurrency so they will not allow their investment to drop to nothing.
New Crypto-currency coins are now growing like mushrooms after the rain. Today we are observing that even the state is starting to create its own crypto currency. Therefore, the crypto currency will always live, but the point is which coin will survive further.
I think Bitcoin community had been established and there are many speculators that can push the price of bitcoin every now and then. So I do not think that bitcoin price will drop to nothing. There are major company that are investing in this cryptocurrency so they will not allow their investment to drop to nothing.
so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please
As a newbie, it is not bad to be afraid about the volatility of Bitcoin. As time goes by, you will be used to it because you will see the ups and downs several times within a day. As to what you're asking, it is possible that bitcoin will drop to nothing but it has a very small probability of that happening so just relax mate. Have faith in Bitcoin going upward, all is well.
Yes, there's a very small chance the exchange rate could drop to nothing.
$25 is OK
This. Its theoretically possible, but the likelihood of it, is impossible. Bitcoin price is going strong and there is no way to go down to 0. But the chance of it increasing in the near future is likely. So just hold on your bitcoin, and if you can buy in small portion only and observed in the next coming months what value gives your investment to bitcoin.
What's with all these threads about Bitcoin possibly becoming worthless? I realize this thread's from March but someone else started a new one today.
Yesterday's dip was just a normal correction, not the end of Bitcoin. It dipped to a level that many experienced Bitcoiners had called as being the new bottom. No big deal.
Ever heard of a honey badger?
It is standard, every dip, price correction, mild crash caused by FUD or tweet of some 'celebrity' will suddenly bitcoin useless in the eyes of common folk.Yesterday's dip was just a normal correction, not the end of Bitcoin. It dipped to a level that many experienced Bitcoiners had called as being the new bottom. No big deal.
Ever heard of a honey badger?
Bitcoin is not backed by any centralized authority - there won't be official press conference to assure investors that everything will be fine.
People will always scared that someday, somehow bitcoin will be banned and outlawed or there will be some catastrophic event to ruin it all.
The only way is to disregard all FUD.
What's with all these threads about Bitcoin possibly becoming worthless? I realize this thread's from March but someone else started a new one today.
Yesterday's dip was just a normal correction, not the end of Bitcoin. It dipped to a level that many experienced Bitcoiners had called as being the new bottom. No big deal.
Ever heard of a honey badger?
Yesterday's dip was just a normal correction, not the end of Bitcoin. It dipped to a level that many experienced Bitcoiners had called as being the new bottom. No big deal.
Ever heard of a honey badger?
By looking at the properties and advantages of bitcoin, it seems unlikely bitcoin becomes nothing. Bitcoin a limited digital currency designed to be more useful and useful than money.
Bitcoin was amazing and new invention 8 years ago, but a lot happened. Nowadays everyone can create an altcoin with better properties than bitcoin.We have many coins which are technically superior that bitcoin, have lower confirmation times, offers more tx per second and higher privacy & anonymity.
Technical properties is not what makes bitcoin unique anymore it is rather good initial distribution of tokens.
so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please
It is possible that your bitcoin could have a lower value like $39 to $30 but it will never go to zero as long as it has a value on the market and it will only go to zero value once it is totally dumped or dead which is also very impossible to happen . Don't worry if it is sometimes going down it is only indicating that the price is still moving and it is much possible that your bitcoin would have much greater value if you are going to keep it on your wallet for longer time .
I do not think that bitcoin price will dump to the amount we saw before last halving. Nowadays many altcoins value also turned to 100$ and more. So there no possiblities to see the view which said op title. Not only now every time bitcoin value is good to hold the bitcoin at anytime because it will move to up only in future.
Yes, and i'll buy it all
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