How it will go to $0 again? | Bitcointalksearch.org

Yakamoto

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Quote from: srgkrgkj on July 24, 2016, 06:45:24 AM

it cant go to 0 as its backed by electricity people will have to sell it at least at the rate of electricity otherwise people wouldent mine it in the first place

It's backed by electricity, it's backed by people who need to eat, it's backed by hardware; there's a ton of things that back Bitcoin that ensures that it'll never go back to $0, unless everyone dumps Bitcoin and no-one cares about it anymore.

The lowest it may go from here is $10, assuming EVERYONE leaves it and the miners bail for the most part too.

romero121

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Nothing is assured with bitcoin, so anything might happen when days move. Possibly with the potential it has got bitcoin won't go down to zero anytime. It might go after the calculated years of bitcoins survival.

elite3000

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Never going to happen again in this century.

And if it happens, of course will be slow and full of flags that things are going to bad to worse, so lots of time and opportunities to abandon the ship.

trickshot22

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Quote from: oceanriver on July 24, 2016, 10:49:53 AM

Quote from: shamati on October 23, 2015, 01:06:09 AM

How will it happen?

Will it just suddenly one day drop to $0? Or will be a slow painful bear market finishing near $0 but never quite reaching at? Some believers will never sell no matter what price ??

What do you guys think?

i don't really thing that bitcoin's price could drop that much to 0, if it would drop it would probably stop at 50$ or so because everyone would buy bitcoins then

of course the price cannot drop to 0, there will always be people who will use it and because of that the price is not going to fall or it is going to even grow soon

OrangeII

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Quote from: mundang on July 24, 2016, 10:54:30 AM

Btc will not fall to that price,they will not allow bitcoin to die. Investors will prevent this to happen.
Cause bitcoin is there only hope to become rich.

you're right, perhaps as long as there are investors, bitcoin prices will never be this low. besides, many are using bitcoin as a means of transaction, so I guess as long as it's still happening, bitcoin prices will never go down to $ 0, although the price of bitcoin is always up and down, but I'm sure it will not make it worthless

mundang

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Btc will not fall to that price,they will not allow bitcoin to die. Investors will prevent this to happen.
Cause bitcoin is there only hope to become rich.

oceanriver

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Quote from: shamati on October 23, 2015, 01:06:09 AM

How will it happen?

Will it just suddenly one day drop to $0? Or will be a slow painful bear market finishing near $0 but never quite reaching at? Some believers will never sell no matter what price ??

What do you guys think?

i don't really thing that bitcoin's price could drop that much to 0, if it would drop it would probably stop at 50$ or so because everyone would buy bitcoins then

BitAurum

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Quote from: ASHLIUSZ on July 24, 2016, 07:17:51 AM

Quote from: ?? on ??

Its impossible that the price will go down as simple.. and i cant imagine that thing.. bitcoin is decentralized its not a centralized.
So its impossible to happen unless if bitcoin is centralized..

The bitcoin market price can go down to zero if no one values it and starts selling it off for any price.

Without any backup coin, the value of everyone's cryptocurrency portfolio is always in danger of going to zero.
Moreover, having at least one significantly valued altcoin actually increases value not only for bitcoin holders but even for the Bitcoin system itself.

If you have diversified your cryptocurrency investment and the bitcoin price reaches zero it would not affect you much.

dragonballz1

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Complete technical devastation would easily achieve it. If there was something insurmountable then people would run for the door. The market is thin enough for a death spiral to happen in a few hours.

silentkiller

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Quote from: shamati on October 23, 2015, 01:06:09 AM

How will it happen?

Will it just suddenly one day drop to $0? Or will be a slow painful bear market finishing near $0 but never quite reaching at? Some believers will never sell no matter what price ??

What do you guys think?

no one will drive bitcoin price into its deepest price,even big whales cant do it. Bitcoin for them is profit without doing some work. And those believers will still believers even the price went down to 0$

Osarman

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i do not think that bitcoin will go to $0 and i think any currency survive with his some value do not go to $0 and bitcoin is too strong than other currency and never going to $0 and bitcoin will be survive with specific value always .

mundang

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Quote from: shamati on October 23, 2015, 01:06:09 AM

How will it happen?

Will it just suddenly one day drop to $0? Or will be a slow painful bear market finishing near $0 but never quite reaching at? Some believers will never sell no matter what price ??

What do you guys think?

If that will happen we are all dead but mostly those who sell all thier wealth just to invest in bitcoin,and an unexpected thing happened.

ASHLIUSZ

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Quote from: ?? on ??

Its impossible that the price will go down as simple.. and i cant imagine that thing.. bitcoin is decentralized its not a centralized.
So its impossible to happen unless if bitcoin is centralized..

The bitcoin market price can go down to zero if no one values it and starts selling it off for any price.

Without any backup coin, the value of everyone's cryptocurrency portfolio is always in danger of going to zero.
Moreover, having at least one significantly valued altcoin actually increases value not only for bitcoin holders but even for the Bitcoin system itself.

srgkrgkj

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it cant go to 0 as its backed by electricity people will have to sell it at least at the rate of electricity otherwise people wouldent mine it in the first place

andyste

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bitcoin price down and dop until zero dollar is danger all about bitcoin altcoin and crypto coin
because bitcoin is central cryptco coin is mean fiat money equal US dollar,
you can same compare , what happen is US dollar is all pair money down until zero what happen another fiat money US dollar

helloeverybody

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Quote from: ASHLIUSZ on July 24, 2016, 02:32:22 AM

Quote from: angaper on July 23, 2016, 09:49:06 PM

I can't see any scenario that could lead the bitcoin price to $0, even in the worst case. And the recent experience on the Ethereum and the DAO ecosystems where a serious problem was not enough to devaluate their price definitely could give us a signal that any problem could really beat the hegemony of bitcoin as the most valuable altcoin of the world.

Bitcoin, there is much discussion about alt-coins, as if many of these are actually legitimate. Many alt-coins are pre-mined, causing them to lose much of their legitimacy. If a coin has been pre-mined, it should automatically be crossed off your digital currency investment list.

No alt coin can be trusted at the moment to replace bitcoin and take it down to 0. If one eventually does come about then its certainly not anything on the current market. There are some good coins out their but just nothing that anyone should be trusting with large amounts of money. Bitcoin is the only one id ever be happy with serious investment so hopefully it never does drop down to 0.

anama

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Quote from: shamati on October 23, 2015, 01:06:09 AM

How will it happen?

Will it just suddenly one day drop to $0? Or will be a slow painful bear market finishing near $0 but never quite reaching at? Some believers will never sell no matter what price ??

What do you guys think?

if price bitcoin every one bitcoin only zero
The harbingers bitcoin had no interest
is no wanted to buy bitcoin, what its effects
no more mining bitcoin miner who could not walk her TX transaction because if the normal path took an active miner mining
What that means, it means complete finish, bitcoin is dead

ASHLIUSZ

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Quote from: angaper on July 23, 2016, 09:49:06 PM

I can't see any scenario that could lead the bitcoin price to $0, even in the worst case. And the recent experience on the Ethereum and the DAO ecosystems where a serious problem was not enough to devaluate their price definitely could give us a signal that any problem could really beat the hegemony of bitcoin as the most valuable altcoin of the world.

Bitcoin, there is much discussion about alt-coins, as if many of these are actually legitimate. Many alt-coins are pre-mined, causing them to lose much of their legitimacy. If a coin has been pre-mined, it should automatically be crossed off your digital currency investment list.

angaper

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I can't see any scenario that could lead the bitcoin price to $0, even in the worst case. And the recent experience on the Ethereum and the DAO ecosystems where a serious problem was not enough to devaluate their price definitely could give us a signal that any problem could really beat the hegemony of bitcoin as the most valuable altcoin of the world.

Adrayrd

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Quote from: wikenpp on July 23, 2016, 09:00:53 PM

For the price to go to 0 dollar a lot must happen.
And remember the whales won't let it happen so easily.

Bitmain f.e. holds millions of dollars worth of btc and mining gear. If the price would go to 0 then their company would be broken instantly.
So except for a dump to 200 dollar we should not expect it.

Apart from that, you will see that miners will have problems, many problems because they can't mine for profit anymore. That is the foundation of bitcoin which means something not good is happening. That's why I don't expect such a thing.

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