Topic: Possibility of Bitcoin's value to be zero - page 2. (Read 1915 times)

I still think more of the probability not the possibility. Everything in this world is possible. With the way bitcoin copes with the market trend, as of now I can say less probable.

This kind of asset that can be turned directly into money, which is so many requests and followers, is not worthless. Wherever you go on the earth you go to the money you can turn to the bitcoin if you are living with financial difficulties. You can not do that with no other money at the moment. The problem will arise when the amount of money transferred exceeds a certain amount due to customs issues. But if you have a cryptic money in hand and you have your private key in hand, these problems will not interest you.

LOL  I can't believe bitcoin price is zero, After day by day bitcoin price is so high so its not possible price is zero. Bitcoin price depend on crypto market now crypto market is so good. I think bitcoin price is always helpful for us because many countries are legal in bitcoin so after few year this bitcoin are so happy all of member. When bitcoin price are low many people are disappointed on bitcoin maybe bitcoin is vanish i am always say bitcoin is not vanish after few days bitcoin price so so high so at last say that future i have to gain from bitcoin.

We can calm down, bitcoin is not going down anymore, we hope that market from now and on will just be more and more stable and green, we all will became rich

No, there's no good reason to say the bitcoin value is zero. Bitcoin will still grow well, and you do not need to be pessimistic to see the price of the bitcoin that falls hard. You should see bitcoin a few years ago that do not have a decent value, but if you believe and hold it, then you have a great chance to make a good profit in the future.

For me it's impossible. Really impossible thing it is. Just because the value is increasing and decreasing it doesn't mean that it has a possibility of getting down to zero. And if this thing ever happens i think that will be also the end of bitcoin

When the value of bitcoin is zero, it is definitely time for the bitcoin to end. At present, more and more people know about bitcoin and use bitcoin. Some countries have accepted bitcoin. That bitcoin ends can not happen. I think bitcoin will be the future of the currency, it's value will increase.

If you think this is even possible it should happen long time ago or even just sometimes. But until now it hasn't happened yet so far and I think this is impossible. Just thinking about bitcoin having a zero value is just really impossible.

A trend to go straight up or straight down does not exist long in any real adjusted market.   Certainly Bitcoin does have a use and utility to it that is recognised worldwide so zero is unlikely.
If you wanted a simple answer to this its no, trends vary and there is always many threads woven into an overall picture you are seeing. 
A market never moves in a straight line because it would be handing out free money to whoever wants to short or go long.   Its never that easy, also we have millions involved in bitcoin with their own priority to buy or sell at that moment and not all are speculators.

I always think its safest when we have the many over the few.   The reason being a few people may agree at the same time and crash the price.   A great many people will not agree often and the price remains a mix and useful in matching some buyers to some sellers.  It takes on a source of liquidity and the coin is useful in matching those varying interests.  Like any trade, someone has too much of a product and wants to swap to another product they have none of.
Bitcoin matches this idea and it wont go to zero ever so far as I can tell.  Just worry about the core protocol, if thats good the price is secondary to its prime use.  Fees are way down, Bitcoin is more useful now!

possibility of value gone to zero its rumor not sure now a time all where its popularity few months ago btc at his peak than slowly come down and again go high and high,many peoples taking interest and reading it,i read here many people are investing and than hold it and wait for high price as their demanding price come they sold.

Oh no, I think that isnot going to happen. bitcoin is tu future currency, it will exist for along year.

I think the opposite, bitcoin will continue to increase in value, many investors who trust bitcoin and invest in it, bitcoin is also used in ico purchase. The next 5-10 years bitcoin is unlikely to fall at zero, but is more popular than it is today.

Where do you come up with such questions from. Even after Bitcoin is valued at thousands of dollars you are in doubt that could the price reach zero. If a hard fork like what we saw few months ago couldn't break Bitcoin than nothing in the world can break it. So stay invested if you believe in the project otherwise theres no sense in staying invested.

Theoretically, there is such a possibility. There is an anecdote. Mathematician was asked, what is the probability to meet in the street a living dinosaur. He responds - with a probability of 50 percent - either you meet or do not meet. In reality, I don't even know what should happen to make that possible.

It can’t happen, When you see the historical value of the bitcoin you will wondering how it happened because the demand of the bitcoin and supply is the one boost the value increase and the more people are getting interested on the bitcoin the value will increase. If there are issues on the bitcoin the value will affect. 

I can actually see the possibility of Bitcoin value coming down to zero, the reason being that, Bitcoin is gaining popularity every single day and the more people get to know about Bitcoin, the more they find it in interesting and invest on it. So tell me how can it came down to zero when more person's are willing to invest on it.

There are chances that bitcoin can crash big time and its value may be Zero. It has seen a lot of ups and downs in its small journey. Bitcoin’s price volatility undermines its adoption, as few people will accept a currency whose value fluctuates so often.

I don't think if this will happen considering today's value and stability of bitcoin is very strong. The only thing i know that can turn bitcoin and other crypto's value to zero is when there is a total destruction of digital network / internet connection world wide.

I do not think this will happen anytime soon, as more and more bitcoin enthusiasts are mined, so the bitcoin selling price is more expensive.

Well maybe it will happen if the alternative that you said has a breakthrough feature like split second transaction,no fees and absolute anonimity.People will surely leave bitcoin and move to that said alternative,but i think there's no chance that such coin will be developed in 5 or 10 years.