Possibility of Bitcoin's value to be zero - page 6.

kenelmark

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Quote from: sagna kaka25 on April 20, 2018, 11:06:22 AM

I don't think bitcoin is going to be zero, but will you buy it if it goes down to $5,000? 3000? 1000? There will always be people who buy bitcoin at the right price, and as long as someone buys it, it will be valuable

Exactly..
Bitcoin price is based on supply and demand. it has become a popular investment. there will always be buyers when the price is really low. moreover, few countries has legalized bitcoin as a currency. even Zimbabwe, a country which has no own currency, is using bitcoin as their legal currency. so, it is almost impossible that bitcoin value is going to be zero.

putriangel

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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 that bitcoin will be zero. I'm thinking more in a positive direction, thinking about bitcoin rises. We will not know until that happens. However it is obvious that bitcoin will not be up to zero. It's hard for that to happen.

dexentrali

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I think that this zero price possibility is always zero. Even if Bitcoin falls critically, it will be always supported, and it will start growing again. Yes, the market volatility is too high now, but it happens often.

Stephen Gornick

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I don't think that bitcoin will come to value of zero. But at first place that will determine market and the users. As long as there are people who use and support bitcoin the value will not be zero. I beleive that bitcoin destiny is fully determined by its users.

pthnmj

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If everyone starts believing that Bitcoin value is zero only then it can happen which is practically impossible. The percieved value of bitcoin is very high and its increasing day by day . Meanwhile to make the value of bitcoin zero is to hack all the system which is also next to impossible.

yj300316

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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?

my opinion about it, bitcoin price will never goes to 0 because bitcoin has many users.
bitcoin is the first cryptocurrency in the world. the high value of bitcoin is not exist because no reason.
the demands of bitcoin is real.

jassanpary

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Quote from: Rj Manik on April 20, 2018, 11:06:15 PM

I hope, We will never see that bitcoin value to be zero.And we never see it like that.Bitcoin will never lose its value. However, for some reason its market price may fall. But it will not be zero.We know bitcoin is the king of all coin.So Already bitcoin get many public response.So don't feel worry.

Bitcoin to become zero is impossible it may reduce in the value but that is not permanent. Bitcoin is already shown what it is by its price, no other coins are near to bitcoin. Bitcoin is in the different league. Never ever expect it to reach zero.

Rj Manik

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I hope, We will never see that bitcoin value to be zero.And we never see it like that.Bitcoin will never lose its value. However, for some reason its market price may fall. But it will not be zero.We know bitcoin is the king of all coin.So Already bitcoin get many public response.So don't feel worry.

WaffleMaster

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I'd say it'd be impossible for the value to even drop below $1,000 at this point. Simply too many eyes are on it now. Even then, a trip down to that level would be extremely bumpy and unlikely. I'm not sure where the absolute rock bottom would be, but I'd bet it was somewhere above $1,000 in the very least. At some point the big funds and other investors would start throwing money in just to try and prop it up from completely ruining their lives lol.

sergio-faucetbitcoin

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This is always a possibility, but I don't think we gonna see Bitcoin going near to zero for the next few years .. even with a market crash, the price will still remain at least a few hundreds dollars.

Saldom12

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bitcoin will never be zero, is it because bitcoin is currently down?
Bitcoin is still a developmental stage, so it's natural that the current bitcoin price drops. Just a matter of time bitcoin will surely go back up just wait.

KingScorpio

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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?

when the us dollar collapses and with it all other national fiats, bitcoins value will become zero

there will be no more unpopulat cryptocurrency worldwide then, because people will be poor.

a cryptocurrency focused only on beeing a cryptocurrency and wasting electricity and ressources wont be popular

bitcoin is 100% against the us dollar and the regulated world bank system, there cant be a coexistance. they are mutually excluding each other. same is with democracy and human rights, bitcoin isnt guaranteeing those.

thats inevitable.

riskarcher

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Quote from: Kambal2000 on April 20, 2018, 11:42:09 AM

Quote from: domerosan10 on April 20, 2018, 11:39:11 AM

That would not be possible, because even lately the bitcoin continues to decline but always tries to rise. Naturally, because bitcoin is still a developmental stage. So I think it will not happen.

That is right, it would be impossible for a bitcoin to become zero, so don't expect it too happen, it will just come when no users will eventually believe in the power of cryptocurrency when in fact is really an impossible one, so we don't need to worry about it.

what we worry about is if all countries ban bitcoins and block their circulation because many statements say that bitcoin will disrupt their country's economy because its value is not static to make Bitcoin could be a loss or gain. value bitcoin becomes zero because of bad statements on bitcoins. but as long as the market is still alive the transaction will continue, Bitcoin value always alive and increases every year

balamuda

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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?

No, I do not think it will happen, bitcoin will not fall to zero. When bitcoin prices go down there will be many people who buy bitcoin to get more bitcoin at cheaper prices, and bitcoin demand increases, and that can pump up the bitcoin price to increase.

sammyp

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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?

To me, if bitcoin price happens to go down along the line, it wouldn’t be as a result of the presence of other altcoins. I am of this view because I realized that anytime bitcoin looses value, almost all other altcoins also loose value. In my opinion, bitcoin would rather perform better than it is now in the next 5 to 10 years to come.

senne

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Quote from: sagna kaka25 on April 20, 2018, 11:06:22 AM

I don't think bitcoin is going to be zero, but will you buy it if it goes down to $5,000? 3000? 1000? There will always be people who buy bitcoin at the right price, and as long as someone buys it, it will be valuable

First of all, Bitcoin will go to zero and there are already many statement regarding to this and many people have already answered in one of my thread, https://bitcointalksearch.org/topic/m.21976387 . This will give the answer regarding, how bitcoin can reach to zero. Coming to another point regarding buying then there is always possibility to go down and people are ready to buy in that phase. It is due to that buying only that market rises again.

IsabelCornd

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Bitcoin will cost zero only when people stop buying or selling tokens. Nowadays cryptocurrencies maket struckture is supply and demand so when demand would be zero bitcoin will cost zero probably.

Kambal2000

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Quote from: domerosan10 on April 20, 2018, 11:39:11 AM

That would not be possible, because even lately the bitcoin continues to decline but always tries to rise. Naturally, because bitcoin is still a developmental stage. So I think it will not happen.

That is right, it would be impossible for a bitcoin to become zero, so don't expect it too happen, it will just come when no users will eventually believe in the power of cryptocurrency when in fact is really an impossible one, so we don't need to worry about it.

domerosan10

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That would not be possible, because even lately the bitcoin continues to decline but always tries to rise. Naturally, because bitcoin is still a developmental stage. So I think it will not happen.

BlackRacerX

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I highly doubt bitcoins will reach $0 value again. Bitcoins have been trailing around the $8,000 price point and has not been going down and there has been no signs of decline. But I guess we still can't predict the future. Some catastrophic event might cause bitcoins to crash hard.

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