Possibility of Bitcoin's value to be zero - page 10.

thenameisjay

full member

Activity: 462

Merit: 100

Quote from: kache2018 on March 29, 2018, 07:11:05 AM

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

Probably highly unlikely. It won't that easily because at some point in time, there must be a major security attack on blockchain. However, blockchain is so hard to hack that it'll take a lot more than just FUDs to bring down bitcoin's price to zero.

electronicash

legendary

Activity: 3178

Merit: 1054

bitcoin will be used more and more every day which will give the price of bitcoin more than what it has right now. i don't think it will be zero its price will keep stronger instead. i will bet my life savings actually in crypto and bitcoin most of all now that we are close to having a regulation and mass adoption.

Webberson

full member

Activity: 602

Merit: 102

Bitcoin, i believe has come to limelight and despite the current state of the bitcoin market and the appearance of other altcoins, it still won't get the value of bitcoin to a zero level. It's value can only reduce but not to a zero level.

altercreed

full member

Activity: 434

Merit: 101

Bitcoin will never be zero value because it's just like asking if bitcoin will survive. For a couple of years since the launched of bitcoin, it slowly grows up against all adversaries until it even reached an all time high last December.

Lyne01

member

Activity: 224

Merit: 10

Quote from: kache2018 on March 29, 2018, 07:11:05 AM

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

I think demonitization of bitcoin has 10% possibility. It is still the highest price coins among coins and the most tradeable coins in the market. All other coins have no large audience unlike bitcoin. The possibility of becoming zero-valued coin is impossible even after 5-10 years.

campica

full member

Activity: 645

Merit: 145

It is impossible that bitcoin value go to zero, because there are people who will always believe in bitcoin and who won't sell it for lower price then it is right now. If you look year ago we are still have big price. Bitcoin are good for online paying, so there is a good future for him and I hope higher price.

Pier7

newbie

Activity: 126

Merit: 0

Quote from: kache2018 on March 29, 2018, 07:11:05 AM

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

I do not believe that bitcoin will ever drop to zero value. It is the best creation of modern times and is too big to fail. The number of bitcoin keeps increasing because people are becoming aware of the existence of this new technology.

queennathalia

member

Activity: 434

Merit: 15

For the sake of my experience that is not possibly happen, Because everyday have a great day for bitcoin holder. Every country now talking about bitcoin. No one can pulldown on bitcoin and dictate the situation. Zero chances to get 0 valued.

qwertyup23

hero member

Activity: 2268

Merit: 789

Quote from: kache2018 on March 29, 2018, 07:11:05 AM

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

These are some of the factors on how bitcoin's value would dropped significantly and eventually become obsolete:

Assuming in an international scale, governments would impose strict laws, rules, and regulations against bitcoin, attracting new investors and retaining old ones would be a problem;
If the existence of an innovative coin, following the blockchain tecnhology, rises up in the market and overtaking bitcoin as the reigning cryptocurrency, most investors would pull-out their investments towards this new coin; and
If bitcoin's price become stable due to intervention, people would rather invest into different mechanisms than bitcoin.

Despite mentioning those hypothetical situations, I doubt that bitcoin will become irrelevant and obsolete soon due to its benefits to the society and the government. Some countries in Asia are starting to adapt into its implementation (like Japan) since they see its potential to the economy.

Dark_raven007

newbie

Activity: 224

Merit: 0

I think that this will not happen. This is an artificial price reduction. The presence of strong players on the exchange is being lowered to buy. And then he will start growing. This news is spoken by the outgoing news from them.

florinda0602

member

Activity: 350

Merit: 10

Quote from: shandiem14 on April 10, 2018, 07:23:32 PM

How come? If you don't know internet then probably you are living on the stone age. Internet is way important now a days, and blockchain is the next internet 2.0 so bitcoin is going to be more popular just like any assets in the world like gold.

And I don't think that bitcoin will reach to zero, it will not going to happen because as long as there are users and investors here, it will continue to grow even if the price now is up and down.

NA boom

newbie

Activity: 190

Merit: 0

Quote from: shandiem14 on April 10, 2018, 07:23:32 PM

How come? If you don't know internet then probably you are living on the stone age. Internet is way important now a days, and blockchain is the next internet 2.0 so bitcoin is going to be more popular just like any assets in the world like gold.

I do not understand why Bitcoin is losing its price because it is so bad news why people are spreading. If they does not have confidence in Bitcoin, then they should go stop working. Bitcoin has given us so many benefits, but we are skeptical about Bitcoin? Is it OK? Leave a false comment about Bitcoin and think positively. Bitcoin prices may fall down and may even go higher.It is better not to work from thinking and doing it. And I believe Bitcoin. So, it is better to not listen to these fake words.

Jancuki

member

Activity: 789

Merit: 10

Quote from: kache2018 on March 29, 2018, 07:11:05 AM

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

I do not think bitcoin price touched 0, because there are still many out there who are interested to invest in bitcoin. As for the current price is getting down, it's normal, is not it also happened last year ?. And you can see bitcoin prices towards the end of the year (October-November), prices go up again. so keep calm no need to panic.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: Down Not Dead on April 10, 2018, 08:47:53 PM

If it goes to zero then we can all buy it for free... yippy!!!!

lol yeah right. Your are so genius to think of that hehe

but seriously i guess there is a zero posibility that bitcoins value will became zero , its because bitcoin right now is still pretty useful when it comes to payment purposes and also for business ideas. bitcoin will surely rise more instead of droping because of those reasons due to more demand that it will get thru the people. those scam coins and unkown coins will only have a posibility that their value will became zero because they do not have a real purpose on why they have been created.

warning_btc

member

Activity: 378

Merit: 11

Decentralized Digital Billboards

It cant, how cant usd price go to zero.
Price of btc in hand who control all financial systems

klavuhn

newbie

Activity: 126

Merit: 0

I think that's not possible BTC price will down to Zero, because BTC still famous and will be more famous in the future.

Linggis

newbie

Activity: 210

Merit: 0

Quote from: kache2018 on March 29, 2018, 07:11:05 AM

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetized? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

I have other opinions on what you say.
Yesterday I noticed information that Bitcoin has gone up in value.
I think in the next 5-10 years Bitcoin will not be zero.
Lately, Bitcoin did experience a decline but it did not last long, proven yesterday rose its value.
So I assume that in the next 5-10 years Bitcoin will always rise in value and will not be affected by the appearance of new coins like ours. Bitcoin is the oldest proven coin with many new coin emerging, Bitcoin still has the highest value.

soul-impact

hero member

Activity: 854

Merit: 500

I think this can not happen. bitcoin can be reduced to $ 1000 but that is the lowest limit. bitcoin will raise prices up to $ 100,000 and possibly even higher. It can happen in the future if everyone recognizes bitcoin as an international currency. Bitcoin is still a valuable currency for all investors.

Jerald

full member

Activity: 293

Merit: 107

will not it happen that you think the bitcoin value returns zero why? because a good news is about to arrive, this is why the bitcoin value is now falling because of the fact that a large tax is paid in a united state and it has already been paid but now we are expecting a bitcoin today you will return at the highest value.

azizsatrasia68

newbie

Activity: 150

Merit: 0

What do you base on such an opinion? I think bitcoin has a bigger and broader community than other alternative coins and they will not let bitcoin fall to zeros.

Topic: Possibility of Bitcoin's value to be zero - page 10. (Read 1915 times)