Bitcoin Forum

Some people said #bitcoin will be zero anytime

Please read following

2010: 1$=1btc
After sometime
1$=0.1btc
Then
1$=0.01btc
2017: 1$=0.001btc
2018: 1$=0.0001 btc
In 2020 it may be
1$=0.00001btc

Conclusion: it seems like #Dollar ($) going to be zero against #BTC

Share your views.

I think you are mistaking an assymptotic curve going to a (small) number separated from zero for a curve going assymptoticaly to zero. There is a huge difference. You would see the difference if you spoke of bitcoin price in USD. What you are claiming, is that bitcoin price will be infinite in USD, which clearly will not be the case. But it may be 100k or even 1m.

bitcoin doing well in this time, i think bitcoin will cross more than 50k $ by this year .
in this situation bitcoin is getting popular day by day . so demand is increasing not the supply , it's price will get increase.

You don't have to be tied to statistics. It's not a pattern. It's just an observation of the facts. If we follow your logic, then in December of last year bitcoin was worth $ 20K. Today he is worth 10-11K dollars. That bitcoin goes to zero? Lol. Enjoy life at every moment. Any price of bitcoin allows you to have an income. The dollar does not give such opportunities.

Price is always effected by the news when it comes to anything related to bitcoin.
Take this topic for instance.
https://bitcointalk.org/index.php?topic=1164418.msg31696867#msg31696867
It is no doubt somehow influenced the price in the past 24 hours.
Since it is tied into a large enough amount of the cryptocurrency to move the price.

Bitcoin is now on the verge of life and death!This year bitcoin can die! We need good news for bitcoin, so that he can survive

as for me dollar would not be able to defeat bitcoin because this  comming years bitcoin would be expensive and high price. But dollar is sometimes stabled. As my conclusion also bitcoin your conclusions also is true because maybe a dollar cannot reach the price of bitcoin and i think also that dollar value would turn to zero when conpared to bitcoin...

It's true with what you say and it's really happening, it's because the value or price of bitcoin every year increases to very expensive, so bitcoin is not worth in the presence of bitcoin.

Each year the value of bitcoin prices is always up and that's the first cause that makes dollar meaningless faced with bitcoin, so far it will take place every year.

I think this Math did not explain that BTC is losing to USD. Here is the most specific computation of your Math for our common understanding if 0.0001 btc is equal to $1.02 right now and 0.00001 BTC is equal to $0.093 in 2020. Meaning the more Bitcoin that you will have is the more US dollar you will earn in 2020 so your topic should be USD is losing againts BTC. Anyway still i believed the US dollar will not be replace by BTC but for investment only to earn more USD.  8)

Bitcoin always rises in price when viewed from an average rise at any time, that is the first year of bitcoin, and in the presence of the next bitcoin the dollar will not buy.

I have aeen bitcoin fly from $1000 to $19000 back to $5,000 since i started bitcoin. Really, looking at the statistics you could say the slope of bitcoin regardless of fluctuations, is still going up. Its not losing if it started $1000 amd end up in $5000 aint it? But when people look at it from $19,000 down to 5,000 then yes its going sown. Just look at the bigger picture before you say its losing.

Bitcoin prices each year can never be unstoppable, bitcoin always increases every year and makes the dollar less valuable in the presence of bitcoin, first 1 bitcoin is not more than 1 dollar but now 1 bitcoin can reach $ 10000 this increase very fast.

Going by this logic, I really hope you aren't trading regularly otherwise you will get hurt. Bitcoin hasn't always rises yearly and in fact last year was out of the ordinary rise which introduced a lot of new members to Bitcoin which increased it's price further. But, you should never assume that Bitcoin will keep on rising as it's shown in it's history that this isn't the case.

I think the market is judged by observing the ratio of Bitcoin to U.S. dollars, because bitcoin always appreciates or pulls back, but the U.S. dollar has been devaluing. The two are not comparable.

Yes, you may be right. If we continuously read news like this, SEC Has New Advice For Crypto Investors As Bitcoin Dives Below $10,000 (https://www.investors.com/news/bitcoin-dives-below-10000-sec-issues-warning-offers-advice/)...

I think that predicting Bitcoin like this is wrong. The overall trend of Bitcoin is rising, so you don't have to worry about it.

IAgree with your opinion,
Bit coin getting very popular now,
Then will increase number of investor soon.
Especially after g20,,start market I think.

you should have used btc as the referred value by usd for clearer and better discussion because your format is pretty confusing.
1BTC=1$

anyways... Btc price will keep on increasing, but we cant exactly tell what exactly will happen in the market, it may go low and go high

How can you compare real currency and crypto currency?)It's a little bit strange)Bitcoin can be a zero in every time unlike the dollar)