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Topic: Is Bitcoin Going To Zero? - page 4. (Read 24798 times)

member
Activity: 598
Merit: 10
December 13, 2018, 01:51:29 AM
When all investors decides not to buy or use bitcoin anymore then bitcoin will surely going to zero. But as long as there is investors buying for the top coin then it will not go into zero value. The continuing decline in the value of bitcoin will not lead to zero because its demand is still strong and it is part of cryptocurrency price cycle. Many investors have been waiting for the price of the coin to become affordable so they can able to buy it again.
Yes, I agree, I see the decline that is happening now is a natural cycle that often occurs at the price of Bitcoin so far, so that when there is a decline there will be a large purchase, because Investors want cheap Bitcoin prices, and what happens now is the price of Bitcoin decreases and cheap. So I think it's a moment to buy lots of Bitcoin.
member
Activity: 588
Merit: 11
December 13, 2018, 01:09:51 AM
When all investors decides not to buy or use bitcoin anymore then bitcoin will surely going to zero. But as long as there is investors buying for the top coin then it will not go into zero value. The continuing decline in the value of bitcoin will not lead to zero because its demand is still strong and it is part of cryptocurrency price cycle. Many investors have been waiting for the price of the coin to become affordable so they can able to buy it again.
hero member
Activity: 3052
Merit: 606
December 12, 2018, 05:46:41 PM
Bitcoin will never become zero as people will never let that happen.
If Bitcoin goes 3000 or down, there will be huge demand and buying in the market.
Many people are just waiting for the deepest market to join the crypto.
The price of bitcoin will become zero might be happen in the near future but I do not want to happen so we need to support it to avoid on falling down. If we want to have huge demand and buying in the market we should promote it and then we can attract investors. I hope the price of bitcoin will not go down 3000 or below.
Yes.Bitcoin will not be down to zero if the people will not stop utilizing it.There may be few countries who are accepting bitcoin as a method of payment for now but i know few years from now,its popularity will surely grow and will attract lot of users and investors to stick with bitcoin.If we will be working hand in hand to promote bitcoin making it as a legal currency that will be adopted by most countries,then surely our economy will definitely progress in time.
jr. member
Activity: 229
Merit: 1
🔰FERRUM NETWORK🔰
December 12, 2018, 05:43:39 PM
Bitcoin will not go to zero because its basing to USD and I think many cryptocians don't want that to happen. Yeah its bearish now but it doesn't mean that bitcoin go to zero. Last be positive and break this being negative thinking.
newbie
Activity: 31
Merit: 0
December 12, 2018, 05:37:36 PM
If this time is really the end of Bitcoin, then I guess we should not be too upset. Bitcoin is only the first crypto attempt. I believe that even if Bitcoin eventually fails, there will still be other crypto in the future. Maybe bitcoin is not the best.

BTC is not a crypto attempt. Which altcoin that came after did make a bigger success and was created better and more successful and useful than BTC? Which one has greater support and let us say even the price? As in every area, it is crucial to be first in order to be the best. Plus all coins were made based on BTC's technology. New coins are trying to make some alterations so that they could be more appealing to the market and the masses, but no other revolutionary technology has been discovered yet that will replace BTC and block chain.
full member
Activity: 686
Merit: 227
December 12, 2018, 05:08:50 PM
I think that it is very unlikely that Bitcoin will drop to zero. This can happen if Bitcoin is attacked by double spend attack or someone has a large part of the hashrate and adversely affects the network.
newbie
Activity: 19
Merit: 0
December 12, 2018, 10:46:59 AM
full member
Activity: 688
Merit: 106
December 12, 2018, 10:45:07 AM
Bitcoin will never become zero as people will never let that happen.
If Bitcoin goes 3000 or down, there will be huge demand and buying in the market.
Many people are just waiting for the deepest market to join the crypto.
The price of bitcoin will become zero might be happen in the near future but I do not want to happen so we need to support it to avoid on falling down. If we want to have huge demand and buying in the market we should promote it and then we can attract investors. I hope the price of bitcoin will not go down 3000 or below.
member
Activity: 126
Merit: 15
Fast, Smart, Trustworthy
December 12, 2018, 02:01:32 AM
If this time is really the end of Bitcoin, then I guess we should not be too upset. Bitcoin is only the first crypto attempt. I believe that even if Bitcoin eventually fails, there will still be other crypto in the future. Maybe bitcoin is not the best.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
December 11, 2018, 09:06:23 PM
Here's a hilarious article from Forbes with same tittle: Is Bitcoin Going To Zero? What makes it particularly hilarious is the author's striking inability to understand that to make a consistent and coherent argument he has to tie up loose ends in his logic and reasoning

At first, he claims that Bitcoin is effectively dead as it has no value because it "doesn't produce any products or services". And then, all of a sudden, he proceeds to assert that Bitcoin's characteristics such as "a store of value that easily crosses borders around the globe" and "the comfort of anonymity it can provide" have only persisted because governments have largely allowed cryptocurrencies to exist

Am I the only one who feels like the author makes mutually exclusive claims in this piece of shit? If Bitcoin is in fact as dead as a doornail, it can't possibly possess all these benefits and advantages he mentions, and so no government intervention is actually required to get away with it. But if, nevertheless, the government intervention is still required to get done with Bitcoin, it doesn't look like being dead at all, right?

In short, haters gonna hate. Bitcoin is money but money itself doesn't produce any products or services on its own. Does that take anything from its value as long as it is not fiat hyperinflated (when it basically stops being money)? Essentially, as money Bitcoin produces transactional utility upon which things like a store of value or "comfort of anonymity" are built. Thus, this argument doesn't hold even when taken separately, on its own "merits"
Well then, he just certainly contradicts his own claim to support his arguments which makes it weak to make people believe that what he have written in his article are worth believing. If he aims to strike back that Bitcoin is going to zero, he must not barely include the good thoughts because he is just making his side weak at the first place. Also, he or anybody cannot still claim that Bitcoin can go into such down point by just basing into the current happening within the crypto community not just with Bitcoin. Judgment cannot be barely claim once proven. So lets just boost everything up and stop thinking of the negatives.
sr. member
Activity: 1162
Merit: 251
December 11, 2018, 09:06:14 PM
Now every self-respecting blogger considers it necessary to say something about bitcoin. Even if he does not understand anything in cryptocurrency and blockchain. Recently I read an article by a blogger who doesn't even know that bitcoin has a limited amount of coins )))

This is a strong indication that Bitcoin is already a mainstream technology. It does not anymore refer to a mode of payment which is almost exclusively used in the dark and dep webs by people who have reasons to detach themselves away from the authorities. Right now, Bitcoin has become a rising currency which is strongly believed to have the credentials to replace fiat.
I disagree if then bitcoin becomes a masintream and replaces fiat, but I believe that bitcoin still has a long way to go, many people who criticize bitcoin are proof that bitcoin is becoming known outside, so bitcoin won't be zero in the near term
newbie
Activity: 3
Merit: 0
December 11, 2018, 09:05:20 PM
I do not believe that Bitcoin is back to zero. Because the current black market is using Bitcoin as the primary currency for transactions. Do you think that these illegal transactions use Bitcoin as a currency? Everything will never end if it is still selected.
full member
Activity: 317
Merit: 110
December 11, 2018, 08:53:04 PM
Another skeptical talk and nothing more. You are right, there will still be a lot of people who will hate bitcoin, although there is no good reason for this. I have not yet seen in articles like this any real reason that would really indicate that bitcoin has no real value.

Actually there are plenty of reasons to hate Bitcoin.

Bitcoin is a truly disruptive technology.
If you are heavily vested in government, fiat banking, and associated cultures of corporate profit and greed you should be afraid of Bitcoin, very afraid.

Bitcoin is ushering in an era of government and business accountability which does not exist today.
jr. member
Activity: 406
Merit: 1
December 11, 2018, 08:38:46 PM
I don't think that far, bitcoin is still valuable and won't be zero. Each wheel continues to spin and there will be a good time to have a low and high value. It's better to look ahead and what actions are appropriate to do so that bitcoin remains valuable.
member
Activity: 714
Merit: 14
December 11, 2018, 07:50:20 PM
Bitcoin is not going to zero. Bitcoin is facing this harsh conditions now because the correction phase after the bull market in December, 2017 lasted for long which led to panic selling which is being experienced now. This does not mean Bitcoin is going to die. Bitcoin will recover. Irrespective of how the bear market appears, let's keep holding, avoid panic sells and FUDs and create more awareness to attract new investors.
member
Activity: 812
Merit: 11
December 11, 2018, 07:37:30 PM
I am agree that haters gonna hate. Better focus on our strategy and ignoring negatives news or FUDs. I am believe bitcoin will not to zero because financial institution already investing their money in this market
jr. member
Activity: 32
Merit: 1
December 11, 2018, 05:26:11 PM
It is evident that there are a lot of us predicting and shouting apocalyptic end of BTC. This panic has an impact on the price, but in really small amount. As someone mentioned, black market is a good stability sign of BTC. One of stability and survival signs, not the only one of course. BTC penetrated the market in more than one way and people will not let it drop easily. Think about major corporations that are supporting and using it, think about banks, states, countries showing their support, think about the money that circulates, think about the black market, small businesses starting to implement it..etc.
full member
Activity: 602
Merit: 100
December 11, 2018, 04:38:56 PM
I do not think that today's drop will lead to a zero bitcoin value. Most likely, this is just a normal price fluctuation, which will soon stop. I do not see any prerequisites that could say that bitcoin is dying.
member
Activity: 308
Merit: 12
December 11, 2018, 04:09:51 PM
Another skeptical talk and nothing more. You are right, there will still be a lot of people who will hate bitcoin, although there is no good reason for this. I have not yet seen in articles like this any real reason that would really indicate that bitcoin has no real value.
full member
Activity: 770
Merit: 100
December 11, 2018, 03:16:01 PM
never do you think bitcoin will reach zero price, just because current prices tend to fall. You need to know that bitcoin has very often experienced events like now, and that is normal, and events like this won't deliver it to zero.
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