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Topic: How it will go to $0 again? - page 12. (Read 13907 times)

full member
Activity: 210
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
November 28, 2015, 10:30:51 AM
#66
If it ever does drop down to 0 or even close to $100 I will buy as much bitcoins as I possibly can. I still believe it has a future and still believe it's a great investment.

Even when it does drop down that low, I think that it will bounce right back up.
legendary
Activity: 1232
Merit: 1091
November 28, 2015, 10:22:14 AM
#65
$0 is a very rare possibility for bitcoin unless a major flaw/bug is found in the bitcoin system.

Nope. I will step in to buy all the bitcoins there are when the price reaches 1 cent.
And there are many others who would be ready to do it before me.

I will step in and buy all coins that I can if they are priced at $10. But I am happy to know that it will never happen. There is too much interest to let it even fall below $50.
sr. member
Activity: 303
Merit: 250
November 28, 2015, 08:27:25 AM
#64
$0 is a very rare possibility for bitcoin unless a major flaw/bug is found in the bitcoin system.

Nope. I will step in to buy all the bitcoins there are when the price reaches 1 cent.
And there are many others who would be ready to do it before me.
hero member
Activity: 616
Merit: 500
November 28, 2015, 03:43:32 AM
#63
$0 is a very rare possibility for bitcoin unless a major flaw/bug is found in the bitcoin system.
legendary
Activity: 3248
Merit: 1070
November 28, 2015, 03:37:49 AM
#62
It won't happen over night. If it ever does get to 0 it will happen slowly and not just drop to 0 suddenly. I really doubt this will happen though.

As long as there a demand and supply keeps coming.

If there is a back door found in the encryption technology, the price will go to 0 straight away. The whole banking system will also collapse.

this is the worst scenario, which will affect everything so who would care about bitcoin at this point

but bitcoin can go to zero, if a fatal flaw is found, and not corrected in time leading to a big waste of money, like for example the bug of the overflow in 2010
newbie
Activity: 38
Merit: 0
November 28, 2015, 02:56:18 AM
#61
It won't happen over night. If it ever does get to 0 it will happen slowly and not just drop to 0 suddenly. I really doubt this will happen though.

As long as there a demand and supply keeps coming.

If there is a back door found in the encryption technology, the price will go to 0 straight away. The whole banking system will also collapse.
sr. member
Activity: 406
Merit: 250
November 27, 2015, 04:37:40 AM
#60
It won't happen over night. If it ever does get to 0 it will happen slowly and not just drop to 0 suddenly. I really doubt this will happen though.

As long as there a demand and supply keeps coming.
hero member
Activity: 868
Merit: 535
November 27, 2015, 04:20:34 AM
#59
If there is a major flaw is found in bitcoin, the price will go down. If the flaw is not dealt prompt, the price will go to zero.
hero member
Activity: 896
Merit: 630
November 26, 2015, 04:24:16 AM
#58
Indeed, 0 is close to impossible. Worst case scenario would be somewhere between 10-100 USD i believe.
But like more things in live... and expecially the bitcoin price...  never say never Smiley


If the price goes to $100 and stay there for a while, it means bitcoin is a failed experiment. It will go to 0 soon.
legendary
Activity: 2170
Merit: 1427
November 25, 2015, 06:03:23 AM
#57
The Bitcoin price will never go to zero 0. People will simply buy all the coins if they are going below $10. Even if for regular people there isn't a use for it anymore, the dark markets will always keep using it. They will most likely set up their own hardware to make it their currency. I always say, never say never when it comes to Bitcoin, but in this case I can say 100% sure that it will never drop below $1 Smiley
legendary
Activity: 3332
Merit: 1191
November 25, 2015, 05:09:08 AM
#56
Funny thing that u mentioned this. What if, what if... we all hope this will not happen, and I think chances are very low that bitcoin will worth 0. But if this happen we can just say " it was nice while it last" hehe and to turn our thoughts to something else. Cause if bitcoin stop to exsist, probably there will be some new coin much better then bitcoin.
hero member
Activity: 924
Merit: 1000
November 25, 2015, 04:59:32 AM
#55
It will only go to 0 if it breaks which woukd mean no use anymore then the way it goes to 0 doesn't really matter does it. Other than a break it will never go to 0.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
November 25, 2015, 04:55:56 AM
#54
if it will drop to zero it will happen really fast most probably as one whale will start dumping everything he has

Don't you think that it'll simply be absorbed by the market? A more probable event that could take bitcoin back to the ground and $0 is an attack to the network that would expose a vulnerability or an exploit of the technology.
sr. member
Activity: 476
Merit: 250
November 25, 2015, 04:52:26 AM
#53
Never say never, but in this case I think we can unless offcourse a bitcoin 2.0 protocol is developed and embraced.

I don't see that happening anytinem soon. With this in mind, the 200 USD seems to be a solid low point for the btc price.
member
Activity: 75
Merit: 10
November 25, 2015, 04:41:45 AM
#52
When there is no use of bitcoin and the development of bitcoin stops, the price of bitcoin will go to zero. This happens to many coins.
hero member
Activity: 1470
Merit: 504
November 19, 2015, 10:02:54 PM
#51
When the hyper-inflation of fiat crosses the Planck threshold and then becomes infinitely valuable...
hero member
Activity: 658
Merit: 500
November 19, 2015, 04:25:22 PM
#50
if it will drop to zero it will happen really fast most probably as one whale will start dumping everything he has
sr. member
Activity: 322
Merit: 250
November 19, 2015, 10:10:27 AM
#49
Don't see this happening

If it ever does comes to that, it will happen slowly it won't drop down to 0 immediatly
legendary
Activity: 1862
Merit: 1004
November 19, 2015, 09:51:47 AM
#48
Bitcoin is an invention. It cannot be "uninvented". Price of bitcoin won't reach $0 ever again it may evolve, in the future they may add new features, value could change but not to $0.
If you thinking otherwise please share some insight and back your reasoning with some proofs.
hero member
Activity: 714
Merit: 500
November 19, 2015, 09:16:06 AM
#47
No that would not happen I hope. We are in the future. So what would happen to the money.

I think we will just go with our mobile paying groceries. And I am sure that Bitcoin will be the future money.
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