will bitcoin ever drop to zero? - page 2.

senyorito123

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Quote from: Ramya494 on December 05, 2018, 04:19:58 AM

I have been hearing that Bitcoin will never drop to zero ,because if that happens people might buy entire bitcoins and bitcoin will finally come to an end and that would the greatest regret ever in the history of crypto currency,but what happens if it drops to zero?will someone be able to mine entire 21 billion ?

Fake news is spreading again this is one of the reason why many holders panick selling there tokens,and it is very impossible that Bitcoin price will go back to zero even Bitcoin price now is declining but we can see many people still believing on its potential and buying cheap Bitcoin and hold it until its price rise again.

globalking

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POINTPAY

no that is not possible it already reached its low $3000 and I don't think it will reach zero that is highly impossible that to happen.

NeuroticFish

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Quote from: Ramya494 on December 05, 2018, 04:19:58 AM

I have been hearing that Bitcoin will never drop to zero ,because if that happens people might buy entire bitcoins and bitcoin will finally come to an end and that would the greatest regret ever in the history of crypto currency,but what happens if it drops to zero?will someone be able to mine entire 21 billion ?

I've seen altcoins dropping to 0. Those usually got abandoned by devs and delisted from the exchanges before getting to 0.
Do you foresee this for Bitcoin? I don't. Bitcoin still has strong development team and more exchanges get born every month and all of them start with listing Bitcoin.

Now about your confusion regarding mining. Mining is not related to value or price. Let me explain. If infinite cheap energy source is found, the price of coal will drop significantly. Maybe close to 0. Will this make coal mining easier? Will one miner be able to get it all? No. For Bitcoin it's somewhat similar (even if only one miner will remain to mine Bitcoin, he will still need many years to come to mine all the Bitcoin because the software balances it and the new blocks will come at approx the same distance in time). So, mining is not related to value or price.

Rana590

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Quote from: Ramya494 on December 05, 2018, 04:19:58 AM

I have been hearing that Bitcoin will never drop to zero ,because if that happens people might buy entire bitcoins and bitcoin will finally come to an end and that would the greatest regret ever in the history of crypto currency,but what happens if it drops to zero?will someone be able to mine entire 21 billion ?

Bitcoin will not drop to zero. It has a lot of users and potential. As a digital currency, it is decentralized and it will be the future of money. So don't worry by hearing wrong news. Stay with bitcoin and happy earning.

Kayum10029

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If bitcoin will be dead,it is surely told that ethereum and bitcoin will drop to zero amount. But it is completely impossible,because bitcoin and ethereum never be die.

xuv500

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Quote from: Ramya494 on December 05, 2018, 04:19:58 AM

I have been hearing that Bitcoin will never drop to zero ,because if that happens people might buy entire bitcoins and bitcoin will finally come to an end and that would the greatest regret ever in the history of crypto currency,but what happens if it drops to zero?will someone be able to mine entire 21 billion ?

Think logically, if the value goes to zero then you know the value of it. BTC is the largest entertainer in cryptocurrency and has a huge reputation in this forum, think wisely before you post anything. Let it be valuable for everyone Wink

iamverybusyperson

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Quote from: Ramya494 on December 05, 2018, 04:19:58 AM

I have been hearing that Bitcoin will never drop to zero ,because if that happens people might buy entire bitcoins and bitcoin will finally come to an end and that would the greatest regret ever in the history of crypto currency,but what happens if it drops to zero?will someone be able to mine entire 21 billion ?

These will never happen. Too much people wanna buy it.

rumexx

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There is no how bitcoin can drop to zero because it is limited in supply and a lot of people are holding waiting to sell at least with a profit. The situation where all the coins will be pushed to the market at the same time is not possible. The price will continue to be volatile, correction here and there till when the trend will reverse. Bitcoin price to become zero it means the dead end of cryptocurrency.

stil3tto

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It's an idea but it's impossible to happen if you ask me. As other friends have said, there's a lot of rung down to zero. also the main actor of the market is bitcoin. And there are thousands of people ready to buy when they get cheaper.

Peashooter

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I think if the price of a token become 0 I think it will be gone or literally the token is dead. No one knows if the price of bitcoin will drop to 0 but I hope it wont happen. Dropping price of bitcoin to 0 will really cause big damage in market.

nazaididuan1

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Bitcoin itself is a product to counterbalance currency abuse!
If in a few years or even 10 years, Bitcoin will not return to zero, because it has enough consensus basis, and when it falls to a certain price, someone will buy it.

TBboys

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Quote from: Ramya494 on December 05, 2018, 04:19:58 AM

I have been hearing that Bitcoin will never drop to zero ,because if that happens people might buy entire bitcoins and bitcoin will finally come to an end and that would the greatest regret ever in the history of crypto currency,but what happens if it drops to zero?will someone be able to mine entire 21 billion ?

Your words are contradictory. If Bitcoin drop to 0, no one will buy it. If someone buys it, it will not drop to 0.
Correct you：
1. Bitcoin will not drop to 0.
2. The total amount of Bitcoin is 21 million instead of 21 billion, and it will definitely not be mined by just one person.

Switchain

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Even "dead" coins aren't really zero. How many decimal points until you consider it "zero" even bitconnect still has some value

Ramya494

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I have been hearing that Bitcoin will never drop to zero ,because if that happens people might buy entire bitcoins and bitcoin will finally come to an end and that would the greatest regret ever in the history of crypto currency,but what happens if it drops to zero?will someone be able to mine entire 21 billion ?

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