Bitcoin Forum

Here is why

Before the fiat system collapse btc can go to Zero.
It might happend when SEC will come after exchangers and stable coins.

Its not gona happend becouse btc value will be zero it might happend becouse the btc price comes from the Computer system wich reading the prices of the exchangers.

The indicator for price are fiat e, g the stable coins.
If you cut off the stable coins the value of stable coins will be zero then you have no way to calculate btc price in fiat.

The Bitcoin purpose is not you to get rich or anyone to get rich its to transfer current system in to blockchain smooth way as possible.
and its correlated with federal reserve activity
I will search more about this issue...

Even if sec bans the stable coins and exchanges the bitcoin will continue to exist and we can calculate the value of bitcoin against the USD and not USDT.
Secondly, if sec takes action against the stable coins, all this money will move in bitcoins making it more stronger than ever  ;)

You are living on an imaginary world. Stop worrying too much on things which are baseless and ridiculous.

Bitcoin's price is not dependent on stable coins. Bitcoin has already had a price way before the first stable coin came into the market. Bitcoin has a price in fiat but not necessarily in stable coins. Prices of stable coins are dependent on fiat. All stable coins may die but Bitcoin will always have a price value in fiat. Why? Because fiat will not collapse. It may shift in form though.

Bitcoin's price is not dependent on exchanges. Bitcoin has already had a price way before the first exchange came into the market. All exchanges may die but not Bitcoin because exchanges are not necessary for anybody to own Bitcoin.

You can calculate but how we know the price of btc in real time?

Only Solution will be the lowest price for example:

40k. You can sell to someone with 40k or more per btc but not less if you do that you lose.
And its limited supply so with one Bitcoin you could buy all most everything I guess so.

There's a DEX and P2P exchange available that SEC can't touch no matter how hard they try. SEC scope too is too limited on there country. Only US is the one who are too strict on crypto. So its possible that price will drop but not at Zero value. This is delusional idea.

Wait minute......  Btc price currently comes from USDT.  and yes its from exchangers

You been long user here yet you dont know even this?  Im new and teaching you,  shame on you!

Let me start by asking some questions; why do you think institutional investors are now after Bitcoin, investing in whatever way they can? Why do you think platforms like PayPal will adopt Bitcoin into their payment systems?
I do not think any institutional investors will invest a lot of money into something that will one day go to zero, no one can do such investment but rather they understood the value hence going for it, at the same time the reason PayPal went for Bitcoin is because they have understood it is just future and there is nothing that can be done about it. Bitcoin has been created to bring about peer-to-peer system of transactions, which is by far the most trusted and so you should know, the price is not based on USDT because it was created far before USDT or any other stablecoins so how then can the price depends on it, just like saying Bitcoin price depends on Ethereum; however the price is based on fiat and since fiat can never collapse no matter what, Bitcoin will still be here.

Bitcoin's currency was much better before but now it is a bit worse. before 1 year u cannot calculate this coin but now you can calculate it. If you think bitcoin can go to zero i think you are not correct. Now his position is low but i think it will be increase. And everyone can earn his expectation currency.       

I think Bitcoin will go to over 100k first.
then back to 20k then 2k and then zero.
Those drops will be happening when the indicator of the price will be cutted off.
Its just computer peace of code wich takes info from one server to another server.

Kraken exchanger
are the one of the main btc price indicators.
then it comes huobi and others the peace of code is run by them...  so

This idea is like saying the world will come to an end when some agency come to cut some functional part of it away. This isn't  going to happen in any way. Bitcoin going to zero is impossible and even if sec come for exchanges, will it take all the exchanges out automatically? Removing stable coin won't stop Bitcoin movement, it will strengthen the move in the progressive direction and you can always calculate the value anytime.

*wake up mate. even though the SEC set strange rules, Bitcoin will continue to have a price even if it's only $1...
as long as there are still bitcoiners around the world Bitcoin will not be worth zero.

Yeah he forget that Bitcoin alrwady  has its own demand and many people invested there  already .so there is no way for Bitcoin to be at zero not unless there is no way for people to buy it I mean internet will be shot down forever. There are different exchange one is centralized  which can be controllable by the government where they are located and the other one is decentralized which people can use without any help of any centralised or 3rd party exchange .

I disagree here. Institutions are not buying from unregulated exchanges. They are probably buying from the CME.
SEC would have closed the exchanges much sooner. All they can ask from them is KYC procedures which for professional investors shouldn't be a concern.

DEXes are in full development so soon we might not depend on centralized exchanges anymore.

Even if they close exchangers I want my money back from the CEO of the exchanger.
I guess will be stressful life if you hold many investors money!

Let's see who will be next bernie madoff
And that bla blahh dont even count that not your Keys not your coins...  when big money is lost  traders will be not in the mood to joke around.
They bought all ready..

Please educate me more about this stuff.  As far as I know Bitcoin was priced in fiat before stable coins were created.   So tell me how did you arrive to this kind of idea? 


You should establish more fact and do a thorough research before spitting anything here in the forum, telling the many old timers that Bitcoin won't have any value if stable coin is cut off.

SEC can make what they want, bitcoin always stay in place.

And with all DEX and P2P exchange SEC cannot do somethings to Bitcoin.

Illogical, do some proper research before posting unreal stuffs like this. Bitcoin has been there before stable coins and most of us use USD to calculate bitcoin and SEC axing the stable coins will only shift more funds towards Bitcoin like it did when Ripple was sued. Please do not start with unreal negative posts atleast when Bitcoin is on bullrun. SEC cannot do much to bitcoin.

SEC can chase everything they want that go against the rules. If they will sue the exchanges just to be chase bitcoin then they can do it as they wish but trades won't stop in peer to peer methods. There are also dexes where we can continue to trade and volume would get much higher there if that's the case.
Don't think of something like this, you're just giving yourself an headache and confusion with all of these theories that you have.

It would be interesting if you do read up these threads about Bitcoin can go to zero kind of topics.

https://bitcointalk.org/index.php?topic=5184138.0
https://bitcointalk.org/index.php?topic=2614154.260
https://bitcointalk.org/index.php?topic=5304087.0
https://bitcointalk.org/index.php?topic=5179442.0
https://bitcointalk.org/index.php?topic=5119335.0

You would read up interesting inputs out of these threads about this topic.

First of all what kind of ghetto talk is that? ;D

NO tradable asset can go to 0 as long as it's still being traded. It's mathematically impossible because you cannot pay 0 for something with a 0 exchange fee.

As long as bitcoin contines to exist and be traded it will have value and it's not even going to be 1 cent or 1 dollar. It's going to be much more.

Exactly my point, just because stable coins will be removed doesn't mean it's going to stop bitcoin from growing, bitcoin has been there way before digital stable coins came into existence besides its calculated in USD not USDT so I'm wondering how the removal of stable coin like usdt will make the price of bitcoin to dump down to zero it's impossible, at least if stable coins are removed it will do bitcoin more good I guess, their market cap could be transferred to bitcoin.

The OP is a pain and an annoyance that spams nonsensical things all over the forum. Here is just one quote of their unfathomable intellect. "I dont like that not my keys not my btc I think its dumb statement! " such a clever statement to make right? Bait topics and troll topics. Lack of research before making topics leads the user to create topics on things that have already been discussing extensively. There at least 4 topics like this for example.

Anyone who says something can go to zero should not be spoken to ever again. Nothing in this world has a value of 0. Everything has a value it's the basic laws of the universe. Even if bitcoin stopped being traded entirely it still would have value because there would be people willing to buy wallets with bitcoin in them as collector's items or just because they can.

What? Come again. Did you say the price of Bitcoin comes from USDT? Shame on you for being that shallow!

And the price is coming from exchangers? If you said exchanges, I would have understood somehow. Are you saying there was no price for Bitcoin before the exchangers came into play? Go, look for a teacher! I'm out!

This is impossible. Bitcoin totally depend on buyer and seller attraction. Even if all they buyer stop to buy bitcoin price would not be zero
 Its imaginary world. We are in real world and focus on current status of bitcoin,attraction of people toward bitcoin and which exchange is best for trading.
I think this will help us to improve our knowledge about bitcoin. Negative think cannot provide any thing.

Neither will fiat system collapse nor bitcoin will go to zero.
Cryptocurrencies are so small and niche product compared to the glocal finance system that it's not even worth the effort to explain it.

According to this article, there is 2.6M bitcoin to be mined, it takes time to be mined all bitcoin and every year there could be a lost bitcoin due to the wallet cant able to unlock. Now your question is bitcoin can go to zero, that is impossible, there was always bitcoin that could be mined and the demand and supply will remain and the value could not drop to zero value.

I just now reply to your post because I super disagree that bitcoin will go down to zero, you may lock this thread now. All you needed to know has been answered above.

yes i will buy all btc for 0$  just for a memory

You're living in 2030 already to worry that much about bitcoin to go zero , even fiat currency die bitcoin can still go further it was decentralize which if there's a user and still using it will stand as long as forever, Even SEC stop support crypto currency it is still okay since there are so much stable coins already to support each other , as you can see there are lots of investors having interest to put their asset in bitcoin. Bitcoin is like gold that you can stock and increases its price volume, Then you can use it in the future if your still alive thou.

Bitcoin can go to zero, just like fiat can. But they won't. The reason? Because countries and banks will always have a difficult time controlling bitcoin, and there will always be people who like Bitcoin better than fiat.


The Psychology Of Money (http://www.freedomsphoenix.com/News/296887-2020-12-27-the-psychology-of-money.htm)




8)

There's other and IMO more practical ways in which the price of bitcoin could go to (or at least approach) zero; the most likely and sudden of which would be exploiting some sort of flaw in the code that was previously unknown. Perhaps the NSA uses a backdoor in SHA-256 to derive peoples' private keys from their transactions and gets caught subverting bitcoin funds being transferred by ISIS or something.

Upon mass realization that there are ways to exploit the bitcoin's security, the price of BTC would plummet.

Even then, I don't think it would go to zero because no doubt there would remain a chance that the flaw could be patched and a new hard fork would be launched. So people would probably rather hold on to it for those chances rather than sell it for pennies on the dollar.


I suppose it would be much simpler if the internet disappeared and couldn't come back. Then bitcoin would definitely go to zero.

It seems that the author of the topic would skip not only Economics classes but also mathematics classes. If the price of bitcoin is to be divided by zero, then the price of it will be equal to infinity. An infinite number of worthless units. It also works the opposite way, if the price of dollars tends to infinity, then the price of bitcoin expressed in dollars is almost zero. So, your conclusion is logically and entirely incorrect. Seriously, you still don't comprehend what money is and how value is expressed. Money is merely a frame of reference, like meters or kilograms. What would happen if we suddenly abolished both meters and kilograms? Following your logic, everything around us would lose mass and size, the world would collapse because we would not have ways to express it through numbers. Does it make sense? If not, you should reconsider your view regarding the importance of stable coins in expressing value.

Why not Research to Find a Job instead so You'll be gone for Good , I remember the account named @HardFact that once acting like you in the past .

But When the Bull happens recently ? he changed Course and now becomes a Bitcoin not only supporter but also HODLER.


Having those Read Tags inside your account only Proves that You are literally Have no accurate stand in life ,instead a Loser that feels Bad because he was exposed and can't continue His intentions here.

https://bitcointalk.org/index.php?action=trust;u=2835857

Ponzi promoter and a Possible Loan scammer.

to zero? This is the silliest prediction I have ever heard, bitcoin is still very popular in the world,
there are still many demands that make Bitcoin valuable, it's not easy to get to zero!

people always have dreams and you can have them too. you can sit behind your computer in the basement and keep on dreaming about bitcoin dying, dumping, ... while creating dozens of topics every week trying to FUD but the reality is that your dreams never come true when they make no sense at all.

even if you are getting paid to FUD i doubt you are making any amount of money from it and if you are trolling then its just worse because you are wasting your time for free :D

Exchange owners who don't want to return investors money by hiding them in various ways probably don't have any conscience so I wouldn't count on them living a "stressful life".  ::)

As I said professional traders only trade for fun on unregulated exchanges like Binance,Huobi, Bittrex, etc. Or they are using high leverage exchanges like Deribit or Bybit so they need to hold only a small amount of their account on the platform, thus reducing the risk of third-party default.

"Bitcoin can go to Zero"

Zero what ?  :D

Once something stops being produced, eventually there will be nothing left ...

- https://www.biblegateway.com/passage/?search=Isaiah+39&version=MSG;NIV

...

"You cannot trade in diminishing intangibility" - BitcoinFX

If the internet is down forever Bitcoin can go to zero, but as long as there is an internet connection I am sure there are still people
who make Bitcoin transactions. After all, conducting Bitcoin transactions does not have to be carried out on exchanges, so there is
no need to worry if the SEC bans the exchanges. And regarding the stablecoins created after Bitcoin how is it possible to make Bitcoin
zero value, because in my opinion the price of Bitcoin is not based on stablecoins.

Weird how people that hate bitcoin so much tend to ascribe to these bizarre biblical fantasies about armageddon. Maybe its just a general aversion to change that holds people back from accepting progress.

As a bitcoin proponent, I'm comforted by the fact that your entire plan to collapse bitcoin relies upon an incoming ice age. People will win out by buying bitcoin.

No, it could not happen because there are dead bitcoins that could no longer be access especially the old bitcoin being mined or from faucet receive in early days tha has forgotten due to the fact that bitcoin before has almost no value compare at present which is clearly the opposite. But, if you are referring to bitcoin being prohibited to be used in all aspects like as a digital currency or an asset yes bitcoin could have no value. Hopefully it will not going to happen.

Yes, we all aware that bitcoin is definitely unstable because of being decentralized. But I don't think that bitcoin will be ever getting drop to zero again nor the fiat. I agree to the idea of bitcoin isn't a thing for a bitcoin to drop because the value of it based on the stock on the market. We are aware that there are lot of people mining and earning bitcoin today so it is nearly impossible to erase the value of it today. Also, in this year bitcoin achieve its new highest value in the market. And as I can see, bitcoin will remain in the top and continue to achieve some of its goal. Next year bitcoin will not drop to zero but achieve a new high time value I guess.

I don't think it could be banned permanently by SEC, even if they manage to do it; can't ban all exchanges. Furthermore, I don't think complete fiat system could be replaced anytime soon but instead, both will co-exist.

I see now that Bitcoin has gone for twenty-eight thousand dollars and the way it is being promoted to the people
And being listed on different exchanges and big companies are investing in Bitcoin and the way transactions are being done every day then how is it possible to go to Bitcoin Zero.

The price of Bitcoin depends on how the community behind it will value and support the system. Even paper money can lose value just any other currency. Since Bitcoin depends on the demand and supply, we can be sure that as as there is someone who hold value of it, it will remain valuable. As long as there is internet, there will be bitcoin and the value will just depend on the holders.

Nothing can stop the ascent of bitcoin and digital currencies. This is only a perfect world. Since there is a huge exchange going on bitcoin at this moment. Sporadically, even football players get their exchange expenses in bitcoin. Indeed, even the legislators and the rich began to purchase. So your thinking is a fantasy.

 Economist David Rosenberg told Bloomberg he believes bitcoin is in a ... the supply of bitcoin can't go up once we hit that limit," the economist ...

I don't really think that it would happen but you know what they say everything could happen in crypto just like the price hitting Million dollars per piece,
There is a possibility but I don't think that it would ever happen just imagine even some shit coins still have some value so how would the King or best crypto could go to zero?