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Topic: Will crypto really go to zero? - page 24. (Read 3321 times)

hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
October 02, 2019, 02:33:56 AM
I Don't believe that Cryptocurrency is going to zero, I think this crypto market is still young, It has to go a long way because a lot of people are getting engaged with this system day by day, so they also have a perception regarding this issues, Believe it or not, A lot of millionaires already got involved and they are generating a new ideas for becoming crypto more popular around the world. So I think this is gonna last for a long time, it may be fifty or it may be a hundred years from now. I know technical innovation may change everything but you also should consider this crypto industry is getting large day by day. so who knows what is coming...
member
Activity: 464
Merit: 10
October 01, 2019, 11:05:16 PM
Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions.

Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? Huh
I don't think ethereum will actually return to zero. For bitcoin, I would believe that but for technology businesses, this will not be possible. because businesses that create value for the whole market will never have a value of 0.
I still believe ethereum's platform will be the longest lasting and the best crypto market has. It will lead the whole market to success.
legendary
Activity: 3416
Merit: 1225
October 01, 2019, 10:49:02 PM
Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions.

Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? Huh
There's a possibility that going to happen when it's going to happen, we don't know and hopefully, it's not going to happen anymore, but there is no such thing as a safe investment, every industry has a risk, this is the reason why you should limit hodling your coins and sell some for profit, so you can get your seed investment and you are only investing what you can afford to lose.
legendary
Activity: 2464
Merit: 2094
October 01, 2019, 10:36:41 PM
Without any doubt we can say the price won't drop to zero for any reason. Even today came through an article heading Bitcoin could fall low of $7000-$0. There will be lot of such predictions around, but we need to study the reality. One who thinks in a sensible way easily understands it, when it was used be very few number of people it was valued around $1. Now what we've got is millions of users which will lead towards growth and not towards zero.
Concern may be needed, but it doesn't have to make us afraid to keep thinking realistically. I think when many people still want cryptocurrency the price will not be $ 0.
Only shitcoin is has no price and sinking in the market.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
October 01, 2019, 10:27:49 PM
Without any doubt we can say the price won't drop to zero for any reason. Even today came through an article heading Bitcoin could fall low of $7000-$0. There will be lot of such predictions around, but we need to study the reality. One who thinks in a sensible way easily understands it, when it was used be very few number of people it was valued around $1. Now what we've got is millions of users which will lead towards growth and not towards zero.
sr. member
Activity: 630
Merit: 265
October 01, 2019, 10:14:55 PM
I dont think so ! As long as Blockchain lives, crypto currency will live. Many governments are racing to take out their crypto currency. The IMF is trying to create its own crypto currency. The probability of going down to zero is zero.
I also don't think that cryptocurrency will go to zero because a lot of people are now buying cryptocurrency than before, that is why bitcoin and other cryptocurrencies are now being recognized by the government that i think there is a chance that crypto will be regulated by the government in every country in the near future.
sr. member
Activity: 630
Merit: 252
October 01, 2019, 08:15:40 PM
I dont think so ! As long as Blockchain lives, crypto currency will live. Many governments are racing to take out their crypto currency. The IMF is trying to create its own crypto currency. The probability of going down to zero is zero.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
October 01, 2019, 07:59:00 PM
I doubt if crypto will go to zero. People trust cryptocurrency and as long as people find it useful and as long as there is demand for crypto, it will never be worthless. The market dictates the price of cryptocurrency.

Cryptocurrency is an innovation that made life easier and I think it will be there as part of our daily life in the future.
newbie
Activity: 44
Merit: 0
October 01, 2019, 07:55:12 PM
crypto for sure wont go to zero..
its being used by banks, institutions, thousands of people if not millions, governments...
it just may not go up as much as people want it to..
member
Activity: 854
Merit: 21
October 01, 2019, 06:59:23 PM
I think it is almost impossible for cryptocurrencies to go back to zero and that is because the market share is already so large in billions of dollars that it will take something really catastrophic digitally and globally for cryptocurrency to go back to zero. Additionally, I think right now the only way for public policy says up and that is true mass adoption within the retail sector and also with large Industries and companies in the Tech sector.
Blockchain technology will be a driving Force in the development and implementation of other future technologies however the only thing that is needed right now is a perfect structure to integrate blockchain technology into the existing technology and internet seamlessly
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
October 01, 2019, 05:21:58 PM
Cryptocurrency go to zero? While I like to believe that anything is possible, I totally do not believe that there would be a time that bitcoin will as low as being worthy of nothing. Yes a lot of coins are going to die at the long run, and amount to nothing, but not the whole of the cryptocurrency industry in general. It is one event I would like to think can never happen. Cryptocurrency industry has come to stay for a really long time.
Even if the cryptocurrency reaches the lowest point it won't as low as zero. I think that yes crypto has a chance to become zero in valuation but that chance is kinda small.
Believe it or not crypto will still exist maybe for many decades in the future because it helps a lot of people in terms of remittances and that alone won't make the value of cryptocurrency mor specifically bitcoin to become zero.
If there's anything possible to make it zero, it'd be when the blockchain got stuck and the coin couldn't move at all which is quite impossible unless there's no hash power left.
hero member
Activity: 938
Merit: 501
October 01, 2019, 05:19:03 PM
That's some thought provoking analysis but i don't think crypto would ever go to zero looking at the huge investments that some governments, institutions and companies are putting into cryptocurrencies and the blockchain technology. Some countries have even gone to the extent of legalizing cryptocurrencies. The future of blockchain technology and cryptocurrencies is still looking blurred but there is hope and i know that if cryptocurrencies is not adopted at least the idea of blockchain technology would be used in one way or another.
legendary
Activity: 3346
Merit: 1203
October 01, 2019, 05:17:37 PM
I guess you're refer to altcoins right ? Its possible that most of them will go to almost 0 at some point but even then there will be people buying them from dead exchanges or doing escrow, keeping the engine running and fuel them with more money and we must avoid this and only concentrate on those who really have something to offer like tech, good vision , actually working products , real use case ( even if this is gambling ) and a strong team who grows in numbers every few months.

If you're refer to bitcoin then the chances to actually go to 0 are almost null and this can happen only if Blockchain somehow will not work anymore or it will become overload which is not the case so just have a little faith as big things take time, time is patience and patience is discipline.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
October 01, 2019, 03:49:45 PM
Any financial assets may one day drop to zero. I think it all depends on technological development, because if a blockchain is found to be a replacement that is more affordable and cheaper, it is obvious that many crypto projects can "deflate" and stay afloat only due to speculation. But I do not think that this will happen sooner after 10-20 years, given our current development. Of course, any technological breakthrough can quickly reduce this distance.
sr. member
Activity: 686
Merit: 250
October 01, 2019, 03:31:47 PM
Cryptocurrency go to zero? While I like to believe that anything is possible, I totally do not believe that there would be a time that bitcoin will as low as being worthy of nothing. Yes a lot of coins are going to die at the long run, and amount to nothing, but not the whole of the cryptocurrency industry in general. It is one event I would like to think can never happen. Cryptocurrency industry has come to stay for a really long time.
full member
Activity: 756
Merit: 100
October 01, 2019, 03:13:46 PM
Impossible crypto go to zero because is not have reason why crypto do not have price, crypto have many investor and buy with higher price impossible they want to sell with lower or zero price.

Over the past few years, Bitcoin has come a long way, and 2018 has also been a difficult period for it. Nevertheless, the fact that cryptocurrency has survived all these hardships gives hope for the future, and winter 2019 and the future will show whether the current forecasters were right. I do not think that cryptocurrency is under great risk to fall so awfully to reach zero.
hero member
Activity: 2660
Merit: 651
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October 01, 2019, 12:38:36 PM
there will be chance that the crypto will go to zero but still we didnt know how long will crypto will now but as of now the crypto wont be going to zero because there are new investors coming and people are till investing to create more profits
I don't know where you get the impression about crypto to go to zero when we both know that some countries are already creating their own national crypto. Aside, the benefit, potentials and the justness which cryptocurrency gave to people which was the driving force that woo more crypto investors and which also makes crypto thrive even when some government is against crypto won't the zero in the price of the crypto market happen.
full member
Activity: 1004
Merit: 111
October 01, 2019, 12:19:18 PM
I doubt as long as there are people giving demands to cryptocurrency and using it there will be no chance of having it as zero value.
There are shitcoins whose gone now and will be gone. but if the project is good then there will be zero chances!
sr. member
Activity: 1036
Merit: 275
October 01, 2019, 12:16:41 PM
The only way that cryptocurrency can have a zero market value is when blockchain technology becomes no longer useful to the entire people in the crypto ecosystem. Blockchain technology is the backbone of cryptocurrency and a lot of companies are gradually adopting to the use of this technology on their platforms to ensure decentralized system.  Blockchain technology is the main reason why for ten years now Bitcoin's value keeps increasing.
full member
Activity: 821
Merit: 100
Volare.network
October 01, 2019, 08:38:16 AM
The exact statement by Vitalik was "Cryptocurrencies may go to zero any time", it means it may go but not certain and it is obvious if cryptocurrencies are not adopted by Govt or big business agencies or general public then it may really become zero. If any crypto token is not usable it will go zero for sure but if we talk about BTC, ETH, BNB, these tokens are usable and being used at high level. There are thousands and thousands of transactions are being carried out of BTC and ETH blockchain, BNB is widely being used on Binance, I do not think good crypto have dark future ahead.

yes I agree with you, this is uncertain. crypto goes to zero only predictions if in the future there is no mass adoption. for big coins like btc and eth, I think that's an exception. although the market is fully bear, but both of these coins will continue to survive. because there are many uses every day. and it provides strength to resist pressure.
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