Bitcoin Forum

I have just thought of the most tragic thing that people could do, if something went wrong with Bitcoin.... Burning their coins.  :(

Let's say, some tragedy strikes Bitcoin and the price per Bitcoins goes to ZERO .... would you burn your coins, or still hoard them in the hope

that this tragedy would be turned around. Examples : We figure out some 3 letter agency is behind the technology and they have some master

plan to confiscate all wealth or just to control global economies. / A huge flaw in Bitcoin gets exposed and all private keys are compromised.

This is highly unlikely, but a Doomsday scenario that might just kill the coin.  ::)

This one is dedicated to RAWDOG.  ;D

This is hard to predict, all will go well fine, if the velocity of money in bitcoin goes well.

Why do I need to burn my coins?  If it goes zero then it goes zero, holding it won't hurt but burning it will do because if it bounce back then you all be regretful that you have realized you burned your money.

Are you stoned on some kind of drug? Wtf do you have to predict? It is a choice... either you will burn your coins or you will not.  ::) ....What

is the "velocity of money" ??? or did you mean... the adoption rate of Bitcoin? Some guys on here... have to learn how to use Google

translate or they will have to type in their local language and then paste the translated text here too.  :-\  

If I am not mistaken if I want to burn my bitcoins I have to send them to an address with unknown private key. But as you post all private keys are compromised. So someone will take my coins and eventually coins would not burnt. Seriously now; none will ever burn his coins because hope lasts forever.

Think about those people who bought bitcoins at $1200 in 2013 and from that time the price started to decrease and reach to $250 and still they remained with bitcoin. Now they are lucky because bitcoin once again rose up. I will also do the same I will never burn my coins and will hold them for the time when good times come.

Velocity of Money: the rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period of time. Velocity of money is usually measured as a ratio of GNP to a country's total supply of money.  (http://www.investopedia.com/terms/v/velocity.asp (http://www.investopedia.com/terms/v/velocity.asp))

I don't think anyone's explained this yet - why does burning bitcoin save us or provide a solution? Is it meant to be a protest?

well i won't be burning my coin for sure, if bitcoin turns into zero value then i will just keep it, who knows someday the price could bounce back again, because I don't see any advantage of burning the coin, and if I burned it and then one day the price bounce back I will be the stupidest user in the world

That's correct, I wouldn't burn mine either but the emotional trauma may not make me want to get close to anything bitcoins. Maybe I will have my private keys saved on a Harddrive and keep it in my library.

That is just stupid, why would you burn your bitcoin even if it went belly up ?

and even if some 3 letter agency started it, so what they cant control it now, unless some of the worlds best programming minds have missed something serious in the code, which i doubt.

I would never burn my bitcoin and will hold in a hope that soon price will go high again.I wouldn't care whoever is behind the bitcoin technology as to me the purpose it serve to me is more important rather than who is behind it.

 I wouldn't burn my bitcoin too. I will put it on my desktop wallet and it will serve as a reminder to me :) That this bitcoin has for one time, changed the way we transact on the internet. But I think it has a little chance for bitcoin to go back to zero.

I would gather millions of bitcoins and make them my own currency. I would buy a small island and name it Bitcoinia. If you want to live on the island you'll have to use bitcoins as your currency. That's the dream anyways.

Actually I am not willing to wait for such a catastrophic scenario to start spending my coins. I am aware that things are not quite right in this ecosystem and that is why I am not storing my coins, but spending them on investments that can generate more wealth than just having them stored.

I think the worst case scenario is that bitcoin will evolve into a quasi-centralized payment system maintained by a central core authority.

Don't see any possible way the network could be completely stopped unless we had a apocalyptic global event.

why such a wrong and backwards say, people are feed by bitcoin, and on the other hand am quite sure that the miners or even the owner of bitcoin will not just be at sleep for his/their sweat to come down to ash, no way.

If you want to burn your bitcoins if something goes wrong better send it to me  :D

That's not the case. If there'll be some abuse people simply can refuse to use it and it will die. And everyone understand it. It would be meaningless to take over bitcoin because, in this case, bitcoin would cost nothing and all your efforts to achieve control over it would be in vain

I thing that is a very good ideology, making a plan B that will make the sweat of plan A useful, that will keep the future going, rather than crashing along side with the coin when it start getting problems that will lead it to crash beyond the point of rising up again.

I'll just leave it be. Maybe something will come out of it or maybe not. It doesn't matter at that point since I would not lose anything once it happens and I keep my coins. Maybe I'll horde them if its price is 0. No cost to collect them anyway, so why not? There is no scenario that I would lose more by holding it anyway.

if there was a thing that required people to burn coins.. exchanges would instantly stop trading before the message circled around to everyone.
so instantly this stops 3letter agencies profiting.

the exchanges wont accept bitcoin deposits. much like the 2013 db drama sipa created with his bug.. exchanges just halted trading.


next part...why 'burn coins??.. seems like a fools errand

afterall how would you 'burn' coins.
if any public key could be bruteforced because all privkeys were available to a 3letter agency. then any 'bticoin eater' public key you sent them to could be bruteforced and funds taken out.

ultimately there is nothing you can do as revenge

at best. to mitigate yourself as a possible victim. you would not have your stash on a single key. that way it wont show up as you being on the richlist for you to be targetted so soon/if at all.

i just see no point in burning coins by sending them to a bitcoin eater address if the agency has a privkey for all known addresses containing funds

i dont think i want to burn my BTC. I prefer to keep it

See there are many propagation going on with bitcoin it is quite common some people who don't like bitcoin will propagate the news very fastly in social media, i won't burn my bitcoin because definitely there will be chance to increase it's price. Till now many prediction has not come true but bitcoin is still going healthy, i do have strong belief in bitcoin future.

Can anybody first tell me who this three letter agency we've all been talking about since the start of this thread?

Burning it is probably really unnecessary, like I said before it is just a waste and you don't incur any expenses anyway by holding it. And if they do have a list of all private keys that were used before then just create a new one where you would store your bitcoins, problem solved. Now the agency will not be able to get your coins because he does not have a list of new addresses.

Even if bitcoin reached a value of zero I will not burn my coins I will keep them as a memento of the first crypto currency, maybe at some point they will have value not as a currency but as a souvenir.

No. If bitcoin turns into zero value then i will just keep it, because who knows someday the price could bounce back again, because I don't see any advantage of burning the coin, and if I burned it and then one day the price bounce back I will be the stupidest user in the world.

Actually, end users that will make 99% of Bitcoin in future will not be equipped w/ technical understanding to protect bitcoin.

And if centralization comes, it will come quietly sneaking, not shouting from the rooftops. Crippling the main chain should be the first warning sign.

Some users already dedicated their life to bitcoin and crypto itself, my life revolves around it that i work for Bitcoin on job sites and i will not burn my btc even if its price drop close to zero but would rather cash out lol or move to another altcoin before it happen.

We all have invested and have profited to the rest of coins already, moving our btc there would be the rightful thing to do.

i believe when we are talking about a hypothetical situation it needs to have some elements from reality in it, it can not be all science fictional.

for instance what does this mean? being behind the technology and.... bitcoin is open source and we are all behind it, as far as source goes you can see what is happening and as far as the coins and price goes there are whales everywhere having thousands of coins accumulated for years so no agency can do shit when coins are spread around the world.

Well lookit how this nigga be formattin' his posts...damn rite this here's stoopit.  Any o' those scenarios come true, there ain't no need ta burn nothin'.  It's like axin' them Zimbabweans if they be burnin' they dollas 'cause they inflated like quicksella's last date.  They prolly make good wallpaper, they prolly make a good asswipe, but...wait, they prolly make fo' good rollin' papers too.  But bitcoin ain't good for nonna that, so no ah won't EVA burn it!!

I think there might be some angry and emotional people out there, who would go to drastic measures like burning coins to protest against these scenarios. If they did and Bitcoin survived these scenarios, then the remaining coins will be more valuable.

I make sure that I spend at least 20% to 30% of my coins on a regular basis, when the price skyrocket. So in the event, that something happens, I would have had a good experience from this technology. So far, I have managed to pay off some of my debt with my profits and I have bought some physical assets. So I already have a lot to show for my time and efforts.

Make the most of what you have now, so if this thing fails, you would have received something from it. My knowledge and experienced acquired, cannot be measured in money. ^smile^

I will never burn my coins and will hold them for the time when good times come. Who knows someday the price could bounce back again.

That's one he'll of dream, cause this would only happen in a nightmare and you just had one didn't you lol. No I. Would never burn my coins, I. Would try and acculumate more and more. This will never happen though and say this thing happens then also I doubt any one will burn their coins. The real bitcoiners would never do this. 1000$ or zero, or any circumstances not leaving Bitcoins.

What do I get if I burn it? Nothing, right?

I'm sure I will just keep it, bitcoin was dead in the past but came alive, so it's not wrong to still not lose hope, who knows what will happen in the future, there might be another surprises. Another rise from the dead. ;D

If any of you are willing to burn all your BTC you are welcome to send them all in the BTC address posted in my profile. I myself will not burn mine because why would I? I paid and worked hard for these and every coin I have will be mine until the day I die.

Me to, i gladly will buy your coins guys or if you want to burn your coins just send your bitcoins to my bitcoin address lol.
I think before bitcoin's price touch zero people will buy them when it touch 200 dollars, however if bitoin price touch zero or being nothing there must be something and it obviously must bigger than MtGox issue.

This is it, we're burning money every day but governments keep their record and since bitcoin isn't physically available after burning(spending) blockchain(government of bitcoin) keeps the records in public ledger and data is available on every miner's core wallet, unless every single nodes of bitcoin and everyone with a live copy of blockchain secretly is working for the agency there is no way that they could scr*w with our wealth.

If dev team spreads their legs and sh*t all over the code, then we might as well fork or if critical flaws found again we could fix and fork to have our own perfect version, the results are that none of the OP's scenarios could practically and logically happen.

given that worst scenario still I'm gonna hold on my coins ,There's no way I'm gonna burn it !  I'm not gonna say that it's okay if the price of bitcoins goes that low however what I earn is still a bitcoin and It Will serve as a remembrance to me how bitcoin help me financially and how it tries to revolutionize the world  and still I am hoping that It will start to recover and gain back it's value.

f you have already installed 60 fps converter (http://www.videoconverterfactory.com/tips/60fps-converter.html) the original bitcoin client (Bitcoin Core), then you are running a wallet, but may not even know it. In addition to relaying transactions on the network, this software also enables you to create a bitcoin address for sending and receiving the virtual currency, and to store the private key for it.

There are other desktop wallets too, all with different features. MultiBit runs on Windows, Mac OSX, and Linux. Hive is an OS X-based wallet with some unique features, including an app store that connects directly to bitcoin services.

Some desktop wallets are tailored for enhanced security: Armory falls into this category.

Others focus on anonymity: DarkWallet – uses a lightweight browser plug-in to provide services including coin ‘mixing’ in which users’ coins are exchanged for others’, to prevent people tracking them.

Just send them to a paper wallet in a case like that. No software needed initially to hold them so no way the three letters would have anything on you anymore.

Burning bitcoin would be very stupid in that case, it is literly the same as burning money then, even if the value drops like a rock (do you throw quarters because you think they are worth too little?).

I don't think I would ever burn bitcoins on purpose.
After all, they are money. And I do not throw money away, no matter what.
With bitcoins, I am sure that there will always be an option to convert them into something that would be of use for me.
So no, I would never burn my coins.

Never burn stuff that could be of some value in the future, even crazy people would not burn or tear money(or precious things)

There are people that buy old coins out of circulation and with no value, maybe someone will buy Bitcoins even if they don`t have any monetary value anymore

I think that it would be stupid to 'burn' your coins. If you sell them when they reach less than a cent, probably won't hit zero, you won't be earning any money. It would just be smarter to keep you coins in case anything happens and the price goes up again. That is what I would do if the price went down to less than a cent.

Burning Bitcoins would be very stupid idea. Like the value went down it will go up eventualy. This would be like burning money in case of devaluation or something. In case that something terrible like this happens I would still keep the coins if I didn't manage to convert them sooner.

In my opinion it will never happen but it may be possible that it can be for a particular days of period .
Well if it would be than instead of burning the coins we should hold it as an dust or dirty paper in dustbin instead to burn .
Because it may be happened that the price of bitcoin may increase in incoming days , months , year or years , so instead of burn it we should hold for good .
Because if we hold then thereare sime possibilities that the price increase and at least we can withdraw at least 10% of our initial investment .

If something goes wrong with Bitcoin the price will fall, but not to ZERO. It will be maybe worth only cents, but not nothing. Some people will find a use for it, even if only collectors. So there is no need to burn, especially if you consider that they do not take up much space. But i do think that i would burn them if it would be required to get some other coins.

Well, when the bitcoin goes zero in value, i will just keep it. Burning it will not give you any satisfaction at all. Ill just keep it for it could bounce back or it could be a souvenir that i can keep. Burning it with zero value will not help at all. Nothing will change if you just burn it. Better keep it.

Burning your bitcoins would be like the last option for me when the price goes near to zero. I would just store them in an offline wallet or would just gamble them away if possible. If everyone is willing to burn their coins then I might do it.

It's like saying you'd throw away gold if its value goes to zero. Why throw it? If it went to zero it could have gone back to its price as easy as that. If this happens, just hold your bitcoins there.. why burn it when it can jusr go back up at a high price..

Never and ever I'll not do such a wrong thing. Burning something which has got value is similar to destroying ourselves. If I feel bitcoin or other valuables that I've been using is towards fall, then I'll hold it with hope to overcome that problem. Else will explain about the particular valuable and give it to someone who is close to me. So that near future or later he might get benefited.

How can i burn something that has no physical appearance? bitcoin is an online currency therefore, you cannot burn it! If you mean if I will ignore my bitcoin if something goes wrong, definitely NO! I will keep it because I'm pretty sure that it will increase it's value again!

It will be really heartbreaking to see my bitcoin being burrned, i prefer to watch it priceless rather than burned it, i got my bitcoin with hardwork and dedication, so i wont be able to watch it disappear suddenly, i will just keep it until the price is back, if it is not back then i will keep it until the end

If that thing would happen to bitcoin then i would not burn my bitcoin infact i would still kept it on a secure place even the value would drop to zero or shall we say its already useless but seeing on the situation of bitcoin i could really say that it would still exist for long years before it goes down.

I will never burn my bitcoin. Do you think bad things will happen with bitcoin in 2017?

"Burning bitcoins" to me does not make any sense. Then the price rises again and you burnt your bitcoins, then you do what? Cry? Even if it reaches 0 I will continue to keep my coins even if it is for souvenirs.

I like to keep things for their sentimental value. And that would be hundred of dollars of sentimental value if bitcoin crashes to zero value.

I know it will not happen but if bitcoin does loses it value, I will still keep them in an offline wallet, probably trezor, and display it in my living room. A memorabilia of the good days it had, the ups and downs and the technology that could have helped the world.

I agree with you, you have to keep it and hope for a turnaround somehow. It doesn't make sense destroying it even if you've developed so much hate for yourself and Bitcoin for that matter. You will end up losing more because you'll spend your precious time getting them burned.

Let me guess, The people that will burn their coins if that happened are the ones that have a some kind of hatred on bitcoin . In this situation where you can't sell it it is better to just hold it and wait for a turn around of things . If you burn your coin, You will absolutely gain nothing but if you hold it, You still have a small chance that you will gain something good with it, Still better than nothing .

And if we know that somebody's behind it, Its the more reason that we need to hold our bitcoins  :D

Yes, another PayPal. The network will not be stopped, but the trust relationship between the technology and the users might be shaken. We

might even see a much better technology taking it's place. { Remember VHS vs Betamax ? } So this apocalyptic event is not that far fetched

as most might think. A lot of the people say they will not burn their coins, but this is based on the hope that Bitcoin would bounce back.  ::)

There's no reason to still hold the coin, in this case the value will drop as hell.
Unless the situation is not about the technical, means like almost all private key compromised, ect.
If it's purpose to control something like global economic, there are still a chance to raise the value, better hold it.

That will be a foolish idea if some one will go to burn his/her bitcoins and first of all it is also not sensible to think that bitcoin will ever reach to zero value. Bitcoin is a decentralized currency and those who have bitcoin will decide the price of bitcoin and people do not want to see its price at zero.

If the value of gold drops, would you give it to a gold buyer for free?

That's pretty much what you're saying, except for Bitcoin. You're asking us whether we will give away our money and make the values of yours just that bit higher.

While I like bitcoin, bitcoin needs to evolve in a way that allow users which are not technical inclined to be able to secure their coins without too much hassle, because if it does not then many users will lose their bitcoin due to hacks.

For a payment system that is relatively new, things are evolving efficiently. As one expert once said, Bitcoin is in a phase similar to the phase in which email services were a few decades ago, but over time things have been moving forward and we have what exists today. Probably sending Bitcoin will be as easy as sending an email some day.

Exactly bitcoin is completely digital currency with peer to peer technology really it is foolish idea to burn bitcoin, once it is burn it is not possible to get it back. Many countries are showing interest towards block chain technology i hope bitcoin will lead crypto currency in the coming generation.

It's not the hacking is the main problem here, we have been using it for many years and no major problem has ever heard that the system was hack. I think the inventor has made a great job with bitcoin to make it secure and transparent for us. Only when you don't take care your important information will you will be hack.

I will not burn my bitcoins even there's something goes wrong like what you said that I the value of bitcoin will became to zero. I will burn it,  what if the bitcoin will came back and you loss already your bitcoin. You will miss it if that happen. I still have a hope that bitcoin will came, while waiting better to work.

Well, there is no point in burning bitcoins even if sth happens. It it hits 0, it just hits 0. It is not too much effort to just keep it in my wallet you know, I'll just keep it. No burning here. :P
And as you mentioned, this is highly unlikely. XD so, yeah, no burning :P

As I read all your posts I have noticed that everyone doesnt want to give up their coins. It shows the strength of the currency and how it has perceived first as a fad to a ticket out of poverty by the people from third world countries.

I would for sure not burn my coins.

Bitcoin is another form of money and I don't like to burn money in any way. I am a normal human being and I have not earned anything illegally till date and hence I don't fear about my money.

If I was a illegal money earner, then probably I will be worried about my money that it can be tracked and I can be punished. But since that is not the case, I will not burn my bitcoins even if the worst comes.

This is right and why we should burn money? We know it does have value and if the time that bitcoin would lose its value then its better to keep it no matter what because im still hoping that it would be reincarnate again and for those people who burned their bitcoin will surely regret.

If that was the case, I would predict that someone would hardfork the failed/comprimised Bitcoin leaving holders with a possibly useful new coin on the new chain.

Given that my options would be, burn the coins (how?) or hold for a chance of them having direct or indirect value I the future, I would hold.

I guess I would have thousands of Bitcoins in that situation, as even with problems, I would be buying at $5!

You aware that provably burning coin is a technical feat for most people ?

WTF people responding to this ?

Well this is really something to think about but I can't imagine bitcoin value to fall down to zero,

but maybe if that happens then I would just hold my bitcoin and maybe there would still be a chance that it could rise up again.

uh? for burning bitcoin it means that you send them to an address fro which those coins cannot be retrieved, or you on purpose destroy your wallet without recover of any kind

If my plan is to hold bitcoin for a long time then whatever happens I'm not going to burm any bitcoin, especially when the bitcoin price will be zero, at this stage I may try to find who selling bitcoin for pennies but when you are lost and broke at zero there is no needed to burn them.

No, I won't burn my coins even if the price reach 0 because it would be something interesting to hold in that condition too. I am impressed with this technology and price is just a single part of it and I would love to discuss and meet those people who will do the same because the people who will hold their coins will be technology devotees.

If a doomsday scenario occurred then everything including internet, powerlines, financial system will become useless. Only food will and other survival items will be deemed necessary. If that event will occur instead of thinking of bitcoins I will be thinking of ways to survive. Bitcoin will be useless at that time since even power and internet are no more.

Yes, I agree with this, it does not make sense. So if this thing will happen for me I will just keep it on, and wait until it rises up again because once people burnt their coins, the demand will rise again and together with its value so it’s a big choice not to burnt it  because of its zero value.

I doubt bitcoin can still recover if the price falls down to cents or zero. The only reason I think that can bring bitcoin down to zero is that there are fatal errors in the bitcoin that cannot be undone. There is no going back from that.

Exchanges getting hacked, FUD or exchanges suddenly closing without warning can only bring the price into a few hundred dollars, but not zero. We can still recover from those events. But if bitcoin becomes zero value, you can burn it or keep it, but bitcoin is dead by then, it will never be brought back to life again.

I will never "burn" my coins as in deleting my wallet files and/or private keys. If the price happens to become worth zero as you stated in your example, I will keep holding my coins and do my very best to acquire more coins. Bitcoin is an open source project, so if needed, fixes can be implemented where after that the price will surely explode from nothing to something. Even if Bitcoin doesn't have any interesting features anymore at that time, then I'll solely use it as a speculative investment tool. At the end of the day one of our main priorities is still making profits, and that's something that will stay no matter what.

How to burn the coins? I don't understand how we can burn our bitcoins. And i don't really feel i would do that even if that is possible nor will anyone else. Maybe if someone gets really angry because of his loss then a person might do something like that in that situation but a person should always be hopeful.

For me burning Bitcoin coins does not make any sense , even if the price of Bitcoin goes to Zero, if that happen it would be better to hold and be hopeful to back it at the price. If the bitcoin will dump at that price I will get many Bitcoin so that if the price will back, I have earned too much bitcoin.

I think you thought bitcoin is like every other shitcoins out there, there will always be the possibility of forking and since this is open source we're talking about then the most honest and transparent block chain will gain the most trust and miners use that version, now you see those scenarios already happening alts going down but the best block chain(/bitcoin) stays up.

I will never burnt my BTC, never, there are reasons to hold, just like old currency notes that are not acceptable again, people still hold them for posterity and record purpose. SHow you children, even grand son and explain what BTC is, tell them Satoshi story and so on

Don't take the term burned too serious. It's just a term people refer to when looking to take coins out of circulation by getting rid of your private keys so that no one can access your coins ever again. Another option is to send your coins to certain addresses (burn addresses) that no one has access to since there are no existing private keys belonging to that address (yet). People quite often do that with dust in their wallets that they want to get rid of.

Why would I burn my bitcoin if something like that happens? It costs nothing to hope that the price will rise again in the scenario of bitcoin hitting the floor price. Also keeping your bitcoins in a wallet does not cost you anything,so why to burn them? Only to express your regret of not selling when it was higher? lol

Better to just hold it instead of burning the coins even if the value goes to zero. We might come up with something better to do with those coins, who knows. By the way how do we burn our coins? ???

Yeah I would hold them too, in case something else happens, or just as a memory if nothing does.
You can burn your coins by sending them to burner addresses.

yes that is right to say that it carry no sense to burn your bitcoin, because a time will come when you will be laming on your decision, therefore i can suggest your hold your bitcoin for next 10 years and after 10 years you will certainly get a good profit from bitcoin.

No, I would not burn them just because they go to zero. If this case happens, Bitcoin must be hacked or have a huge security hole or something else. So it would not make sense to use them anyhow at all. If it is secure, applicable and useable then it will never have zero value.

Why would you? There's no benefit to burning your coins. Store them somewhere just in case there's a fork or revival. You'd look awfully stupid if that happened.

Depends how much I will have when something like that happen. If I burn them will save the world, or something like that then yes I would do it. It might be difficult but whatever will be, will be.

i think this sentence do not keep any sense, how can a person burn his bitcoin, to me i think if you keep your bitcoin in a wallet consider these bitcoin as stolen by someone or just lost the key then you can really gold result from investing bitcoin.

absolutely, we must take responsibilities and take care of this digital currency. we all know that bitcoin helps a lot of people in the third world countries. we must help each other to maintain this digital currency as it helps others. showing strenght or loyalty to this crypto coin will influence others to be like having our strenght, influencing others will make them also strong and it can help a lot to this currency.

I personally would be very, very wary when it comes to whether or not I would burn anything even if the value of Bitcoin became worth next to nothing. There would be no point to burn it and, if anything, it would be a better idea to just forget about it and see if it ever became relevant again.

Even if an alphabet soup agency opted to come out with proof they control the whole thing.

certainly not there is no way I'm gonna burn my bitcoin even if the price goes to zero , Bitcoin has been proclaimed dead several times but still manage to become number one cryptocurrency, I will still hold my bitcoins and wait for bitcoin to gain its value again

I will not burn my bitcoins although something goes wrong or bitcoin's price becomes zero
because on the early there's not value in bitcoin if it backs again, it is our resposibility for fixing bitcoins
the problem bitcoin must be fixed and we can not blam the bitcoins then burn it and  i am comunity of bitcoins.

Absolutely NO WAY I would ever burn my bitcoins. No no no.

No matter the value, even if it reaches Zero, I'm not gonna do that. Keeping it in my wallets isn't gonna hurt.
Besides, keeping/holding something that could potentially have some value/recover in future is better than burning your bridges.
Zero vs. __?? No contest.

This thing is not impossible to happen given that Bitcoin is a currency. I that happens I would exchange my bitcoin to a Dollar before its value worthless. I would not mind my loses as long as I get something out of it.

It's very easy to send all your bitcoins to 1bitcoineaterdonotsend or whatever the address is. How exactly is that a technical feat? It's a simple transaction.

I have lots of alt coin in market trader that goes wrong on it price

and never I have tought to just dump it, coz it ll not hurt to have a hope that the price will go up again  :D