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Topic: If bitcoin goes to zero - page 42. (Read 4030 times)

sr. member
Activity: 638
Merit: 300
December 21, 2017, 12:07:39 AM
#70
Well, it depends on the reason that brought bitcoin down, if it's another cryptocurrency then no they won't be going down, but if it's something that makes people lose faith in all cryptocurrencies then the whole cryptocurrency market would crash.

Yeah i agree, if there is a big reason that bitcoin will go down , maybe all of the other coins will go down as well, or it will be the end of cryptocurrency world. Because as of now bitcoin is the number 1 cryptocurrency so its impossible to go down at this moment.
newbie
Activity: 112
Merit: 0
December 20, 2017, 11:59:44 PM
#69
In an attempt to maintain bitcoin depends on where the market sees the bitcoin itself if bitcoin is not favorable then investors will switch to another, and the possibility of bitcoin may return to zero
sr. member
Activity: 616
Merit: 262
December 20, 2017, 11:38:04 PM
#68
Well, it depends on the reason that brought bitcoin down, if it's another cryptocurrency then no they won't be going down, but if it's something that makes people lose faith in all cryptocurrencies then the whole cryptocurrency market would crash.

Definitely! It depends on the reason why it goes down. The possibility that cryptocurrency will shutdown is only when internet would should down which is highly unlikely. Maybe the reason would be that the government will ban it all over the world so the only way to have it is by illegal means so people would just let go of their coins because we don't want to be punished and be jailed because of using it but this is not likely to happen as well. If ever bitcoin only goes down because another cryptocurrency has been able to have more supporters than bitcoin then other cryptocurrency would not be worthless.
legendary
Activity: 1666
Merit: 1001
December 20, 2017, 11:37:41 PM
#67
Well it depend on the reason why it become zero, if it doesn't has to do with other then it will not affected others until  zero, for now everything is still measure in BTC when Bitcoin is not popular anymore then it will be replace by other crypto, if Bitcoin become zero it will have a huge impact on crypto currencies world, imagine the pioneer of crypto collapsed
newbie
Activity: 97
Merit: 0
December 20, 2017, 11:36:57 PM
#66
It's nigh-impossible for BTC to go down all the way to zero.

Even if it drops dramatically for some as-yet-undetermined reason, its (global) reputation as a speculative investment would ensure that people would buy it en masse long before it hit zero.
member
Activity: 83
Merit: 10
December 20, 2017, 11:33:51 PM
#65
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.

This will never happen. Each day, people are learning about BTC. More and more people are waiting for that BIG CRASH, BIG BUBBLE TO BURST, or BIG CORRECTION, so they could buy more BITCOINS. I would buy more and more of it, if that happens! I don't think, that would even happen.
full member
Activity: 364
Merit: 100
December 20, 2017, 11:33:22 PM
#64
Bitcoin will never go to zero!

Bitcoin will not come to zero because the bitcoin demand is very high as compared to the other commodities which were using in online jobs. Bitcoin is widely accepted everywhere and for me bitcoin is important because i can use it for many jobs whenever i need a work through his forum i can give it to someone and we can pay in bitcoin to them. i don't think so that the value will come to zero the young generation are using it very frequently.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
December 20, 2017, 11:31:11 PM
#63
if bitcoin goes to zero, I think many of us will buy bitcoin with a lot of amounts and will keep bitcoin in their wallet. I will buy bitcoin too and will wait until the price increases again. but if there is no other way for bitcoin to start to increase again, then I think we don't want to keep bitcoin and we will abandon bitcoin on the dark side.

but I don't think that bitcoin will go to zero because now people seeing bitcoin is a new opportunity for them to change their way into something better than yesterday. so they give their support to make sure bitcoin is still alive and we can use bitcoin for many things.
newbie
Activity: 56
Merit: 0
December 20, 2017, 11:28:57 PM
#62
I dont think bitcoin's value is gonna go to zero. Zero is like no value at all and that is kinda like for free. I would still buy bitcoin or have bitcoin even if its value will go to the lowest. I trust bitcoin that much and I know it will rise again.
full member
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
December 20, 2017, 11:26:07 PM
#61
The thing you said I see no true to fact. Because can not have case Bitcoin suddenly dropped to zero, if the rate of discount will also reduce its Bitcoin slowly over time. And can affirm surely that Bitcoin will not be reduced to zero, can only be reduced in a certain period of time like the present. If it drops to zero, the cryptocurrency market also will no longer exist in the world anymore, and that will never happen, lol  Cheesy
member
Activity: 350
Merit: 12
December 20, 2017, 11:21:26 PM
#60
Well, it depends on the reason that brought bitcoin down, if it's another cryptocurrency then no they won't be going down, but if it's something that makes people lose faith in all cryptocurrencies then the whole cryptocurrency market would crash.
currently we are not expecting any such reason which can bring bitcoin to zero.  I am hopeful that bitcoin will continue increasing its price for a long long time, because the interest of the people is still increasing and still a very little number of people know about bitcoin, therefore bitcoin will continue increasing for a long long time.

i agree btc is at peck now and well supported by the people..i dont think it will go down to zero because it help a lot peolpe especially in financial problem
newbie
Activity: 28
Merit: 0
December 20, 2017, 11:12:57 PM
#59
Yep.  I believe so.   Hope it goes to $200,000 before it goes to zero.  That’s my end game. Ha
full member
Activity: 364
Merit: 100
December 20, 2017, 11:07:50 PM
#58
I think bitcoin will not come to zero because zero means nothing. bitcoin is the stable currency for now and it is the most profitable currency for the traders of this currency the young generation are doing good jobs and they are now the successful people of the now. bitcoin will not zero and if it is zero then the people will move to the next coins.
jr. member
Activity: 58
Merit: 5
December 20, 2017, 11:06:37 PM
#57
It will never go to zero, At minimum, you need $1000 to mine 1 BTC, so that's the least value I bilieve it could ever happen

What do you mean you need $1,000 to mine 1 BTC?
newbie
Activity: 28
Merit: 0
December 20, 2017, 11:01:17 PM
#56
I really do not think that will happen, but if it happens more than one hit the scream to heaven
member
Activity: 128
Merit: 10
December 20, 2017, 06:31:34 PM
#55
In my opinion the bitcoin never will go to zero because if the price will down many investitor will be ready to buy it so the price will rise again
jr. member
Activity: 54
Merit: 10
December 20, 2017, 06:23:34 PM
#54
It will never reach zero, imagine it goes down to 7k, the buying power will bring it up instantly
sr. member
Activity: 434
Merit: 250
December 20, 2017, 06:22:56 PM
#53
I cant see it going to zero not in the foresable future anyway
If something is not done about these ridiculous and outrageous fees currently, I will not be surprised if bitcoins goes down because no one is willing to buy bitcoins because of the stupid fees being demanded by miners now. I am be9to wonder what has been the benefits of segwit in the first place unless am mistaken and I don't know what am talking about.
member
Activity: 350
Merit: 10
December 20, 2017, 06:17:10 PM
#52
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.
If this happens, thousands will surely get pissed off! That’s for sure! But what are chances for this happening today, I’d say zero as well. It’s just not realistic at this point of time with the current trend goin on.
full member
Activity: 448
Merit: 102
December 20, 2017, 05:54:39 PM
#51
I do not think bitcoin will go to zero, harvest if everyone starts losing confidence to bitcoin, and switching to another altcoin.
I think bitcoin is not as another altcoin measuring instrument. look at today bitcoin down. there are some bitcoin that go down and also up. everything fluctuates.
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