How it will go to $0 again? - page 9.

elloco4ever

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Quote from: K128kevin2 on February 17, 2016, 12:48:45 PM

Quote from: shamati on October 23, 2015, 12:06:09 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?

There is no credible reason to believe the price will reach zero any time soon, or ever. The only way it could reach zero is if something happened that rendered Bitcoin completely useless and valueless. The only thing that could cause this would be if someone found some major and irreparable security flaw in Bitcoin.

Yes there is no way that bitcoin will go back to zero again its impossible.
bankers might try to give bad name to bitcoin since they consider bitcoin as a threat.

K128kevin2

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Quote from: shamati on October 23, 2015, 12:06:09 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?

There is no credible reason to believe the price will reach zero any time soon, or ever. The only way it could reach zero is if something happened that rendered Bitcoin completely useless and valueless. The only thing that could cause this would be if someone found some major and irreparable security flaw in Bitcoin.

Mumbeeptind1963

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Wtf are you Okay?
Bitcoin will never go down like that, its just rises.

Nabicoma

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Quote from: HarryKPeters on February 15, 2016, 10:42:52 AM

I dont think that is possible. The value of Bitcoin now is quite low. And I dont think it can fall. That will be not good.
I hope it will rise soon. So I can sell it later for more money and then I have more profit. And I think the most people will have that.

I also think the bitcoin price will rise soon. It could go very high if we have the block size increase later this year.

wikenpp

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Quote from: Dekker3D on February 15, 2016, 04:24:16 AM

Quote from: BruceLee007 on February 15, 2016, 04:19:55 AM

i don't think that it can go to 0$, just impossible when almost whole world knows about bitcoins

Even if it reach $200 there will be so many buyers so I don't think it can go lower. The problem will be the mining industry, due to low value of bitcoin they'll be operating at a loss at first then one by one farms will quit its operations bringing the difficulty down which may increase the earnings again but maybe just to break-even.

I think there is a chance that it can be $0. The value is now very low. And that is not so good. People are very negative about it.
If it goes on like this then its possible that it can happen. But we all hope that it will not happening. I hope that it will rise up later.

HarryKPeters

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I dont think that is possible. The value of Bitcoin now is quite low. And I dont think it can fall. That will be not good.
I hope it will rise soon. So I can sell it later for more money and then I have more profit. And I think the most people will have that.

Dekker3D

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Quote from: BruceLee007 on February 15, 2016, 04:19:55 AM

i don't think that it can go to 0$, just impossible when almost whole world knows about bitcoins

Even if it reach $200 there will be so many buyers so I don't think it can go lower. The problem will be the mining industry, due to low value of bitcoin they'll be operating at a loss at first then one by one farms will quit its operations bringing the difficulty down which may increase the earnings again but maybe just to break-even.

BruceLee007

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i don't think that it can go to 0$, just impossible when almost whole world knows about bitcoins

martinacar

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It does not happen so quickly. I think it's just more going to be worth the time to come.
But I also think the later much more popular and more people use it.
But let's hope it does not happen.

diegz

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Quote from: EastBirth on February 14, 2016, 05:53:24 AM

Biitcoin cannot be killed by external forces. It will develop stronger and stronger if it has the community support.

Yeah, if it will be adapted by many people then it would be strong enough to face forces from the outside.. that is why we need to encourage more and more people to try using bitcoin..

bit1

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The same can happens with fiat,gold, etc....... but it is unlikely in many years.

pneumatic5

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Quote from: 2legit2 on February 14, 2016, 08:44:23 AM

It won't go down not matter what, it's way too popular now, it's price just can't drop so much to zero $

Exactly if bitcoin goes down that low, I think that would be an end of bitcoin, but I am sure it will rise in future and become more popular attracting many new users into it.

2legit2

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It won't go down not matter what, it's way too popular now, it's price just can't drop so much to zero $

EastBirth

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Biitcoin cannot be killed by external forces. It will develop stronger and stronger if it has the community support.

JohnyWalkerUK

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Quote from: Amph on February 06, 2016, 01:49:48 PM

Quote from: RodeoX on February 04, 2016, 01:27:01 PM

Quote from: jofus on February 01, 2016, 07:54:43 PM

Quote from: RodeoX on February 01, 2016, 10:59:21 AM

Tell you what OP, I'll pay a penny for every bitcoin in existence. Now it won't drop to zero and you can get some sleep. Cheesy

What happens when you get them all and noone else will buy them from you? 0$
Actually less than 0$ because you would have to pay for someone to take them.

I have never sold a bitcoin, but if I owned them all I would start selling them for $10,000 each. Take it or leave it, the price would be $10K. Wink

what about instead of selling, start using it at 10k? sounds better to me, you can ever do it right now, it will help bitcoin grow even farther in value

I do not think it will happen. But we'll see later what happens.
Because I think the fact is rising because I low the price is best and I also see that it is slightly higher.

phreaky

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I do not think this can happen viz. The price is actually now very low and I think it's clear now is rising gradually.
But we do not know whether that is certainly going to happen.

arbitrage

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Bitcoin have more chance to go to 10k then to go to 0$!
I don't like predictions above 1000$. I think this is most realistic price for the next few years.may be between 300 and 800$ to be more precise.
http://www.coindesk.com/predict-650-bitcoin-2016
https://www.cryptocoinsnews.com/bitcoin-headlines-reuters-publishes-a-bitcoin-price-article-predicting-record-highs-in-2016/

diegz

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Quote from: pissedoff on February 07, 2016, 03:00:59 AM

Quote from: diegz on February 07, 2016, 02:58:07 AM

Bitcoin price could go lower, but never to the point that it has no value..

The only way the bitcoin market price is going to get to the point that it has no value is if some major flaw is found in the software.

Yeah, but its really too far from happening, the only problem that we are facing now is the block size, and its not a flaw actually, it is still can be solved..

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Is it really possible???
Well, I don't think so, because it ain't a penny stock that just climbed overnight and then came back to few cents back and the game got over...
It's an experiment which costed everything to Satoshi, from his time to his brains, and I don't think it will ever diminish this way...

JosNekoKopa

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Bitcoin will never fall so low, probability if not succeed to break 1000$ will fluctuate between 100$ and 800$. And when everybody dumps someone will start collecting all those coins and price will rise again. I just dont see end of it.
Only if asteroid hit the Earth and electric power becomes luxury again.

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