Pages:
Author

Topic: Quick Noob Question ? - page 2. (Read 1369 times)

member
Activity: 66
Merit: 10
Live Free Or Die
January 26, 2015, 08:49:34 PM
#1
Just checking my overall grasp of bitcoin as a currency and have this question. Let's say I own 1 bitcoin, currently at $200 (example) and in a few days, bitcoin price/value drops to 0. This is not a question about why, I'm asking to understand the value/price market itself. If it drops to 0 is it possible it can, like in an hour or a day or however long, go back up?

If that is possible it can go to 0 do I still have 1 bitcoin valued at nothing but that would just go back up when the market price/value goes up or is it a case that if it can go to 0, that bitcoin vanishes and even if it went to 1,000 a day later I no longer have a bitcoin?

Confusin' a girl!
Pages:
Jump to: