I haven't thought of Bitcoin falling to zero because Bitcoin operates on nodes and it might be possible if there aren't any single nodes running on the Blockchain which we know wouldn't be possible.
Bitcoin wouldn't fall to zero so stop the assumption and start accepting it.
There countries who are already accepting Bitcoin as a legal tender and Bitcoin falling to zero simply implies that the country itself will be at a verge of falling too and I'm sure they will also do everything to keep Bitcoin in existence too.
Topic: What happens next if Bitcoin drops to zero? - page 13. (Read 2213 times)
Bitcoin is now become essential tool for trading and almost 10% of world has invested in BTC. I think it impossible now that Btc price drop to zero. One country El Salvador has also adopted Bitcoin as a payment currency while many ATM machine has been placed in most of countries. We seen many time a dip in BTC Price but after every dip we have seen a good recovery.
Bitcoin will never to go zero because
There are great number of buyer whom looking to buy BTC at low rate and that have place high order below 10k and BTC price will drop to zero In one case when there will no buyer at all. This will be possible only if BTC Blockchain be completely damaged and have no chance of recovery And there is no chance of that happening.
Bitcoin will never to go zero because
There are great number of buyer whom looking to buy BTC at low rate and that have place high order below 10k and BTC price will drop to zero In one case when there will no buyer at all. This will be possible only if BTC Blockchain be completely damaged and have no chance of recovery And there is no chance of that happening.
Except they are other ways the market price falls apart from losing it to fiat; coverting bitcoin to Fiat. Then, the price of Bitcoin cannot fall to Zero as they're many lost bitcoin in different addresses which will help the price of Bitcoin to stay ahead of zero, even if everyone moved ahead to another technology. You should be asking if they'll ever be a time when no node is running on the network. Such things are what could affect the Bitcoin network, but it's almost impossible to have no running node in the network and zero price of Bitcoin.
1. Very unlikely. Something needs to be invented that would totally blow bitcoin out of the water both in terms of technology and economic theory.
2. It wont, because I will be heavily bidding. Or I guess, it can happen if humanity ceased to exist.
2. It wont, because I will be heavily bidding. Or I guess, it can happen if humanity ceased to exist.
Please don't let my question cause so much hate on me but rather let's also be realistic at times.
Though I haven't invested a reasonable sum in Bitcoin, I've at some point after watching how the market and price of Bitcoin fell from over $60k to less than $12k something similar to what altcoins do and it prompted some questions like
1. Will Bitcoin ever fall to zero someday?
2. What happens if it ever falls to zero?
It will be if this questions are answered without sentiment as I'm open to learn.
Though I haven't invested a reasonable sum in Bitcoin, I've at some point after watching how the market and price of Bitcoin fell from over $60k to less than $12k something similar to what altcoins do and it prompted some questions like
1. Will Bitcoin ever fall to zero someday?
2. What happens if it ever falls to zero?
It will be if this questions are answered without sentiment as I'm open to learn.
Jump to: