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Topic: If bitcoin goes to zero - page 32. (Read 4017 times)

newbie
Activity: 85
Merit: 0
December 26, 2017, 11:31:30 PM
It won't be possible. Bitcoin will never reach to Zero. Reaching that value means an end of all the cryptocurrency in the cryptoworld. Even to dip at 5K is impossible to happen.
member
Activity: 154
Merit: 10
December 26, 2017, 05:48:33 PM
If that happens then it won't be tradable, how can you buy something with the value of $0. No coin will ever go to 0 because 1:0 = ~
hero member
Activity: 798
Merit: 500
December 26, 2017, 05:39:01 PM
I dont think so bitcoin is going to zero. Many people has used to work hard earning bitcoin, and the demand are going up highly day by day. So the price is increasing more than we expect, there is no reason that btc goes to zero.
This is totally a wrong scenario that if bitcoin tends to fall people start asking that is it going to zero mates it is strong now it will not go down so easily brace up buddies good time will come soon take this fall as Christmas sale for those who didn’t afford bitcoin in past and now mostly people are in community and don’t think like this mate bitcoin is not that easy coin to go to zero a large no of investors are here to give it hand,
full member
Activity: 196
Merit: 100
December 26, 2017, 08:15:45 AM
As noted by Bloomberg, the decline may be due to competition with another crypto currency, Bitcoin Cash, whose value has risen several times over the past few weeks. In addition, the reason for the fall could serve as a correction of the course of the crypto currency after the large infusions, which led earlier to a sharp increase in the bitcoin rate
member
Activity: 60
Merit: 10
December 26, 2017, 08:09:02 AM
Rest goes to zero as well?

Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.

Going zero for crypto currency would be the least to happen now. Most of the people now around the globe are showing interest in Bitcoin and other crypto currency and they are all after with the profit they might ear and even me too i am looking forward the income i may generate in investing in bitcoin. This means that zero value is not going to happen in the next coming months or years.
full member
Activity: 210
Merit: 101
December 26, 2017, 06:04:41 AM
Its impossible bitcoin goes to zero because the value of bitcoin is increasing.If bitcoin is back to zero everyone here join this site it can be called this site scam or many people are bad luck to everyone.Many will get angry and break their trust when bitcoin back to zero.When the bitcoin is back to zero they would have to update them so that the people who invest their money to earn a great deal.Its a good idea to update to what happen the bitcoin if back to zero or not.
hero member
Activity: 1372
Merit: 564
December 26, 2017, 05:54:28 AM
There is a possibility but I don't think the other cryptocurrencies will follow because many of them like Etheriums and Litecoins can stand on their own even without the leading crypto out there. Inspite of the death of bitcoins, other cryptocurrencies will flourish because a majot competitor has disappeared.

Yes I completely agree as blockchain is a base of future businesses. And for more transparent and convenient businesses there are many altcoins are already working on large efforts to give more practical decentralized solutions. In such movement bitcoin will be stand alone with its own existence, importance and value with quite bigger exchange price against fiat in coming future.

While other altcoins will be dominated more and preferable according to their structure of nature of environment of blockchain.
If it will goes zero its alright because there are still have more other cyrptocurrency to use and replace bitcoin but i think its not yet happen maybe many year will pass before it happen.
member
Activity: 189
Merit: 12
Buy, sell and store real cryptocurrencies
December 26, 2017, 05:13:11 AM

Based on what I read in facebook ( I can't remember who's that ) the bitcoin is a big scam, there is a big syndicate behind that cause of zero price of bitcoin in the future. There plan is to close the bitcoin if the volume is too high to make a money. True or not, we need to be smart in our money, we don't need depend our profit in crypto-currency because no aasurance/stable income.
Yes, if we don’t depend on crypto currencies ,I think it even comes to zero ,it also doesn’t take too much influences to anyone of us. Maybe there have some people who doesn’t like to invest bitcoin for example or who failed from investing it will try to act against with bitcoin. But  we all know that a number of people investing btc is getting more and more crowded and especially it’s popular all over the world .So I don’t think some day btc goes to zero, it will never happen.
member
Activity: 95
Merit: 10
December 26, 2017, 03:30:32 AM
First of all, Bitcoin is a pioneer, and the foundation is stable, so most of the world's exchanges treat Bitcoin as the base currency of the transaction. In addition, if altcoin is traded in the legal tender of each country, there is a great legal risk and the exchange will also be able to evade these risks. Therefore, the btc pricing method is adopted. So, if the bitcoin price becomes zero, I think most altcoin prices will fall by at least 70%.
hero member
Activity: 742
Merit: 526
December 26, 2017, 03:20:38 AM
As at the time I read your post, Bitcoin's exchange rate has increased after a time when the exchange rate has fallen sharply. But I think if Bitcoin goes to zero then there will be other currencies replacing Bitcoin. Except for Bitcoin, there are other potential Altcoin partners such as Ethereum, Litecoin, which promise to replace Bitcoin if Bitcoin goes to zero. So invest in Altcoin instead of Bitcoin because 2018 will be Altcoin's boom year.

Your logic is flawed. Bitcoin will never go to zero, because by nature is is infenitiely divisible

And how infinite divisibility would prevent bitcoin from going to zero if things go massively awry for it?

Even today this feature is both meaningless and useless simply because of the insane fees. I mean you can't buy the amount of bitcoins which is less than the average transaction fee. But if you do, you will be wasting your money because you won't be able to move your coins due to sheer amount of the fee.
full member
Activity: 210
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
December 26, 2017, 12:52:55 AM
Based on what we say if bitcoin goes to zero I don't think there is no grounds to be zero at any stage because the bitcoin created the space which this world has to accept cryptocurrency and Microsoft Mr.Bilgates keeping its bulls eye in it so the bitcoin growth not decided through its fee structure based on its technology and the requirement in the financial sector.
member
Activity: 172
Merit: 11
December 26, 2017, 12:52:26 AM
There will be no problem because there are other coins ready to replace bitcoin.
But for now and the next few years it seems unlikely, though bitcoin mining rates are getting harder and need superior mining equipment, but will be in accordance with the results it gets.
For example, the bitcoin exchange rate of $ 20,000.00, the price of bitcoin miner equipment reaches $ 15,000.00, to mine 1000k satoshi, it takes about 100 days to get one bitcoin, I do not think professional miners will ever wander this opportunity, and it goes on and on.
Especially for those who have worked on the big whales of bitcoin miners, will never stop mining,
they will stop when:
their government forbids bitcoin mining so miners will be like rats [miners] pursued by [their government] cats and ultimately cat winners.
The power supply for the miner was revoked due to late payment of the bill.
Internet services are stopped by their government which prohibits bitcoin mining.
God has called the miners.

newbie
Activity: 37
Merit: 0
December 26, 2017, 12:50:31 AM
at 0 i def buy
jr. member
Activity: 43
Merit: 10
December 26, 2017, 12:49:34 AM
First thing there is no logic in the statement bitcoin if goes to zero. Second thing blockchain is the future in financial sector and other all documentation also there will be no midman like banks and brokers and accountants etc. So based on the fact bitcoin wont go zero and the fee for sure very shortly sortout if not altcoin will compete easily with bitcoin same like NOKIA phone bitcoin will fall down only but for sure not to be zero.
hero member
Activity: 1568
Merit: 502
December 26, 2017, 12:43:15 AM
There is a possibility but I don't think the other cryptocurrencies will follow because many of them like Etheriums and Litecoins can stand on their own even without the leading crypto out there. Inspite of the death of bitcoins, other cryptocurrencies will flourish because a majot competitor has disappeared.

Yes I completely agree as blockchain is a base of future businesses. And for more transparent and convenient businesses there are many altcoins are already working on large efforts to give more practical decentralized solutions. In such movement bitcoin will be stand alone with its own existence, importance and value with quite bigger exchange price against fiat in coming future.

While other altcoins will be dominated more and preferable according to their structure of nature of environment of blockchain.
newbie
Activity: 11
Merit: 0
December 26, 2017, 12:36:04 AM
If bitcoins goes to 0 valve most of the things will be go to zero due to most of things now have been value by bitcoins.And  the other hand there will be many replacement for the bitcoins.Therefor no need to worry about if BTc become 0 value.
full member
Activity: 504
Merit: 102
December 26, 2017, 12:29:03 AM
Rest goes to zero as well?

Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.

That theory could not happen at any angle, people who are loyal to Bitcoin will still make its price to a good one, not zero but in a way of something they want it to be.
member
Activity: 99
Merit: 10
BITDEPOSITARY - Make ICO's , More Secure
December 26, 2017, 12:27:55 AM
I really don't think that bitcoin will go to zero. Bitcoin will stay as it is. It is not something that will disappear now that it has been known in the whole world. With many peoples support, nothing else will happen to bitcoin. It will just pump and pump.
There are so mane people that have a proboem with the transaction fee, may be the increasing of bitcoin price will be slower, but I agree with you that bitcoin will not goes to zero. Bitcoin is good invention which very superior in term of transaction.
full member
Activity: 462
Merit: 102
December 26, 2017, 12:25:08 AM
There is a possibility but I don't think the other cryptocurrencies will follow because many of them like Etheriums and Litecoins can stand on their own even without the leading crypto out there. Inspite of the death of bitcoins, other cryptocurrencies will flourish because a majot competitor has disappeared.
hero member
Activity: 1568
Merit: 502
December 26, 2017, 12:21:47 AM
If for example eth on an exchange is measured in btc and btc goes to zero isnt eth then zero as well?

Sure, Bitcoin is a pioneer of cryptocurrencies and every cryptocurrency measured in BTC or we can say evaluated in BTC units. These units can be traded independently on exchanger against BTC and Fiat as well. In such scenario if price of Bitcoin goes down its doesn't means Price of that independent cryptocurrency  will also goes to down. There are possibilities of rise of new cryptocurrencies, more fair and useful than Bitcoin which can overtake Bitcoin in every aspect.
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