Bitcoin Forum

Here are some scenerios that can cause the price of btc to fall drastically. (In my opinion, it is highly unlikely and the possibility very slim).
(1) No way to trade bitcoin or exchange it for goods and services.
(2) All governments of the world placing a ban on bitcoin and bitcoin related activities making it highly illegal.
(3) The entire bitcoin network and nodes going offline making it impossible to even make underground transactions in bitcoin.
(4) Another crypto overtaking bitcoin and value and more people shifting investment to this new crypto.

source (https://decrypt.co/41863/can-bitcoin-ever-become-worthless)

What a survey ;D Why would someone sell only at 5k? The current price is >50k. Makes absolutely no sense. The question would rather be, do you sell when Bitcoin falls below 50k and do you buy when it reaches 5k.
That's how I did it in 2017. Sold most of my BTC at 12k (a bit too early in hindsight, but you never know how far it will go up) and in the years after, then gradually bought back in at 3, 4 and 6k. Today, that's a nice profit.

It is not possible for Bitcoin to drop to Zero.  It could drop very low, but it can not drop to zero.

I know this for a fact, because when the price drops to $47.62 for 1 million Bitcoin, I will buy ALL the available bitcoin.  Therefore, the price can NOT drop below that.

I also know of another person that will buy ALL of the available Bitcoin when the price is $100 for 1 million Bitcoin. Therefore the price can NOT drop below that either.

I suspect that there are additional people that will buy most (or all) of the available bitcoin at higher prices than that.

There is another reason... If someone cracks the code and gets all the private keys then the value would go to zero. I know it sounds like an impossible idea, but it should be possible in the next 10 years with quantum computers.

Just imagine that scenario, someone sending all the coins to the same address on a single transaction, that would be a crazy end right?

Quite confused about where to vote, so no vote for the poll. Government stop Bitcoin doesn't mean it will be Zero or not usable. They can't stop transactions by the way. If all miners stop mining Bitcoin then I will mine, so the transaction isn't going to stop anyway. If no exchange then peoples will buy peer-to-peer, buy-sell not gonna stop since it's a community-backed currency. I can't recall the name, but do you know a DeFi token crossed Bitcoin price? But it wasn't an effect on Bitcoin anyway. That all means Bitcoin not going to ZERO anyway if the world exists. But I have to say in the end, your thoughts are quite unrealistic and it doesn't go to happen. But price dump or more up is possible anytime for any reason on the crypto. That's why Bitcoin is much popular.

If the price falls to $ 5k it is most likely that many will take advantage of buying very cheap, although I do not see that this can happen due to the investment of companies and celebrities who are investing now, it is most likely that instead of going down it will go up more of price, Glassnode bets that it will continue to rise in price, some celebrities are with the NFT fever, now in a certain way more people will be able to reach the market, some will be interested in Bitcoin.

1. That won't happen ever because the day it got started getting traded, it was the first ever win of Bitcoiners.
2. Making it illegal? For what exactly? Is Bitcoin a drug? No, it's now a high-class asset.
3. Impossible because mining won't stop, at least not till it's highly profitable and the rewards keep coming in. Even if some miners stop mining after rewards are over, there'll still be many good miners who will mine BTC on their Goodwill.
4. Nevertheless, it won't happen ever.

I think that could happen, for example because the whole world completely prohibits all forms of crypto transactions. Imo. Bitcoin is valuable because of the element of trust if all is lost it could just fall.

But for now I think it's hard. Many people already feel very confident that bitcoin is the future of money. Moreover, the total supply of bitcoin has been determined, so the possibility of a failure to inflate money will be very small. On the contrary, because the market needs more and more fixed supply, the price will increase.

Just as you've said, most of them are unlikely to happen. It won't fall to zero and stop thinking that it will happen.

Yes, it's volatile but why is it that this scenario are still being thought by some. This has been thought by a lot of fud spreaders before.

Bitcoin's price falling to zero is not possible at this point in time anymore, considering that the institutional machineries are now at play and are affecting the flow of bitcoin's market one way or another. Even if it is to crash by 90% from here, many people would surely see that as an opportunity to buy more instead of giving in to the pressure of a 'failing' market. After all, we've been into similar scenarios in the past, and each cycle that that event happened, we bounced back much higher than where we were previously.

I have seen such speculations regard quantum computers and it makes me fear this possibility. For me it's similar to the eternal fight between virus and antivirus, where one is always trying to evolve faster than the other to overcome it's opposer. Bitcoin is safe right now, but what guarantees it will remain safe along the next years with possible threats to its ecosystem evolving at same time?

Bitcoin price will fall to zero. Are you kidding? Oh man! This will never happen. Bitcoin is the most popular and potential coin in this present time. Day by day Bitcoin gonna accept by renowned company and person. So many people starting invest on bitcoin and hold them for future. And for this reason bitcoin price gonna increasing. There is a chance to drop some. But this is never gonna happen that bitcoin price goes to zero.

of course, Bitcoin will be worth zero if something like the one above happens...
but we must return to the fact that Bitcoin will not be worth zero, as long as there is still 1 person making Bitcoin transactions, the price will continue to exist. investing in Bitcoin is currently the most promising in comparison to gold and stocks.

If what is said above will happen, of course it will change bitcoin to zero price. But the fact is that it will never happen until whenever, so far we often hear news like bitcoin is going to die, bitcoin scam or an exchange has been hacked. All the news is like a blowing wind and after that bitcoin continues to move and many companies are adopting bitcoin.

The likelihood that those scenarios presented will happen is very very low. So I don't think bitcoin's price will go down to that level. Even if we have corrections today, we are seeing that bitcoin has very good support at 50k level. So I don't think bitcoin's price will fall to 0 or 5k again. Maybe, it is a wishful thinking of those that didn't get a hold of btc at a lower price. But we can't regret today, just move and think forward.

I will not be too paranoid about the future of bitcoin which is currently being phenomenal among the world community. Some countries legalize bitcoin as a mean of payment, while other have not. Bitcoin has become an asset that is much more valuable than 1 kg of gold some time ago, entered institutional investor, thousand of new users appeared. So why should you bother asking those who believe in the future of bitcoin?

Don't just read the thread title, take a look at some of the question in the pool and maybe the OP himself believe that it won't be worth 0. "If the bitcoin price falls below $ 5k, will you sell?". Bitcoin may still face competition from other cryptocurrencies in the more mature future. But that won't leave him short of users because what you can do today with bitcoin you can still do in the future.

The only thin i do consider valid is this one which bitcoin could possibly go to zero when the entire community shift into another cryptocurrency in the market.
We know that it would be less likely to happen but we know that nothing do last forver because everything will be varying with the demand.
Why we do talk about bitcoin going back to zero? If that happen then i doubt to those people who had chosen up to buy it lots will surely
have doubts in mind if ever that do happen.It isnt bad to be still positive but if this situation do happens then you can presume
that interest is all gone.

I wouldn't panic so much because the prognosis is really good ...

BTC to USD forecasts for January 2023.
At the beginning, the price is $ 130,231. Maximum price $ 132,953, minimum price $ 115,557. Monthly average $ 125,749. Bitcoin price forecast at the end of the month $ 124,255, change for January -4.6%.

Bitcoin price forecast for February 2023.
The initial price is $ 124,255. Maximum price $ 124,563, minimum price $ 108,265. Average for the month $ 118,374. Bitcoin price forecast at the end of the month $ 116,414, change for February -6.3%.

BTC to USD forecasts for March 2023.
The initial price is $ 116,414. Maximum price $ 144,493, minimum price $ 116,414. Monthly average $ 128,090. Bitcoin price forecast at month-end $ 135,040, up from 16.0% for March.

Bitcoin price forecast for April 2023.
At the beginning, the price is $ 135,040. Maximum price $ 167,611, minimum price $ 135,040. Monthly average of $ 148,584. Bitcoin price forecast at month end $ 156,646, up from 16.0% for April.

BTC forecasts to USD for May 2023.
At the beginning, the price was $ 156,646. Maximum price $ 180,136, minimum price $ 156,566. Average for the month $ 165,425. Bitcoin price forecast at month end of $ 168,351, May change of 7.5%.

Anyone who compares Bitcoin to stocks has not understood cryptocurrencies. Bitcoin is a currency by definition. In contrast to stocks, this does not generate any dividends, so that no real cash flow can be generated. Bitcoin is not a company that can be valued on the basis of business assets, number of employees, sales or even intangible goods such as patents. However, the cryptocurrency is a hard asset like gold. So the value never goes to 0 ... rather the internet dies.

Count me in.
Im buying at like $50 per Bitcoin since I can't go lower than $47.62 because you're bulk buying at that figure lol.

Anyway, @OP those scenarios you have mentioned are considered 'Impossible" at this current timeline because :
No way that's happening because me and the other guy above are buying Bitcoin when the price falls below that specific figure we mentioned. So, that means Bitcoin can still be tradable.
Nope, Local government units are even appreciating Bitcoin and starts accepting it. So, how do you think that these governing bodies will turn the table around and totally ban Bitcoin?
Both impossible.

Maybe they can't stop it because they don't have any control but if all country will ban bitcoin and put fine on someone who use this could be the start of bitcoin falldown. But in reality this will never happen since as long as bitcoin gives opportunity to the people I don't think government will do a bad move to erase bitcoin in the system.

Maybe not, but that is too slim to happen for now. The adoption has spread already, more people are now very confident of using Bitcoin. And as we can see, the price is increasing continuously every year, could we think that it shut down and fall drastically? Even reaching $10k is really hard, home much more if we think about $50.

No, all of these are just presumptions and that all of these things are most likely it is too far from happening.

Yes, it can lose a lot of value. Yes, it can make a lot of people lose money. But it will never be zero in my opinion. This is why nobody can replace Bitcoin as a unique currency right now.

These two particularly will do more good than bad to the industry. The fact is, there can't be no no medium to trade bitcoin since the technology is decentralized meaning we can always transact without anybody knowing what's going on. The centralized exchange can be stopped from operating but that can't be done with the decentralized exchanges. We had bitcoin been transacted before exchanges were even developed.

I'm pretty sure the centralized exchange would come up with a way of going decentralized if restrictions are placed on operating cryptocurency exchanges globally. Humans are known to always be rebellious so we those that'll deliberately want to counter the government and would be willing to spend millions in achieving this. The industry has matured to the extent it can't just be wiped out if the spotlight.

bad news and stories that happened to bitcoin were clearly exhaled for the purpose of them being able to make profits by buying when the price dropped drastically. but is it possible, I agree with the colleague above that the news will disappear by itself and things that will not be possible can happen.
Even before @elonmusk bought, there were many companies that invested in bitcoin because they believed that they would make a lot of profit compared to investing in others.
So don't expect the thing that bitcoin will die or disappear, it won't be possible.

I never think that bitcoin will go zero value, it can go down but not to the point that it can reach zero because its current value ranges from $55k - $60k, and if it goes down up to $20k then for sure a lot of people will buy bitcoin, a lot of people are now into bitcoin, they do not trust bitcoin because of the things that have happened right now as many companies are now buying bitcoin, this currency already build the trust of many people so if there would be a whale that will go to sell huge money to the point that bitcoin could go down for about $20k then it would be a good opportunity to buy bitcoin and I don't think that a lot of people will lose this chance to buy and invest once again in bitcoin.

I don't know about the other reasons that OP listed besides number 1, if there is no trade happening then there is no change in prices, but you are right that most of them are highly unlikely because it should've happened in the stock market a long time ago.

I don't think anyone will sell bitcoin when it is $5k and many people will want to buy more bitcoin at this time.So, I will also decide to buy more bitcoin at that time.

No. It would never become zero because zero is no demand. And there will always be demand for Bitcoin and its cult and someone out there will always be willing to buy it.

Thinking exercise: Will you buy Bitcoin at $100 in 2019 knowing once it was $20k? If answer is yes, then Bitcoin can never be zero.

no way the number 1 could work if without the help of number 2 even though 2 is serious but atleast there is a chance of unban but if number 3 will happen no way btc will be useable even if no worldwide ban will happen  while the the number 4 is not enough to push the price to zero because if you look at other cryptos that are overtaken by other new cryptos , thier value didnt plunge to zero  . you should relate your poll to your topic  , make it zero instead of 5k

Once the bitcoin will no longer tradeable the price of the bitcoin will not change so I don't think why you included this as one of the reasons. Bitcoin would never be zero, as its current price I don't think that it would be possible for bitcoin to get zero because once the bitcoin's price will go down, people will take this chance to buy more bitcoin and invest, and by that bitcoin will pump once again. The government won't make bitcoin go. to zero and they can't even kill bitcoin as well. Bitcoin already proves itself for many people and investors to the point that even huge companies have bought a crazy amount of bitcoin just like what Tesla has done.

If price below 5k from this current price, maybe a lot of people already sold their coins and wait good price to buy, maybe because of that people will choose to buy more include me. And for bitcoin price fall to zero, i think it can be possible since there are a lot of reason maybe why people not use bitcoin anymore.

What a nonsense topic, bitcoin will never lose its value in the market especially that it has already a lot of investors.

Bitcoin is developing and improving day by day and it is really now reaching $100k mark and it is not impossible.

Also there's no reason for bitcoin to fall into $5k price because there are already a lot of coins that can also push bitcoin to much more popularity.

To zero is too absurd, so please revise the title at least.
Even if government imposes a ban to cryptos in their country, people would still find ways like p2p transactions.
From what I said from these ban-related topic in their ISP, people would still be able to use VPN.
Number 4 is like a "bruh" moment to happen, so I doubt that.

It is a decentralized market where the price is determined by the demand and the supply. As long as there is one person who will buy bitcoin (creating a demand), the price will never go to zero. And I am sure there is at least one single person in the earth who will still want to hold and buy bitcoin even if it crashes very badly.
Again, it is a decentralized coin and the government can't ban it. There is no central authority who  government can ban. If they wish to truly ban the coin, they will have to ban each and every citizen from using it and closely monitor them.

Really this is an uncertain topic the bitcoin price will be fallen or raised. The term “blockchain” has become a buzzword lately, but few know what exactly is behind it.

The blockchain topic is polarizing and has recently become media hype. Many see blockchain technology either as an all-purpose weapon.

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If we think that Bitcoin will able to reach $100,000 in the future, then we could say that Bitcoin will never fall and back to zero in value.

ZERO means nothing and it means people are not investing/holding any crypto at all. Is this be possible? No direct answer for this but as usual, people are asking and hoping that this crypto could last longer and so latecomers still have the chance to enjoy their life having Bitcoin.  

What will happen in the next 10 years? Have you seen it already? I hope I could believe that but it can't and I was believing nothing it happens like that.

I don't think the Bitcoin price can fall "to 0" unless some serious bug/error/exploit is found.
Then it depends on how fast the price and people reacts, but I expect most remain bag holders instead of selling fast enough.

However, the scenarios written in the topic are highly unlikely.



Indeed, because of the big money in it it has to be something serious.
But if an exploit is found and investors lose confidence, everybody will hurry to sell. Of course, 1BTC = 1BTC, no matter what.



It's rather difficult to fall so low. It may never go under 5 digits....

A trillion dollar asset going to zero? I don't think people ask that kind of question with similar assets? Will silver ever be worth zero? Will google someday be worth zero? If we talk about 100 years from now maybe because you never know. But if we talk about nearer futures it is practically impossible. It is much more likely that its value will reach $1M and more.

I don't think that Bitcoin could ever fall to zero.  Take a look at the shitiest of shitcoins right now and you'll see even they likely haven't fallen to zero.  There is too much stuff that bitcoin can do that will keep bitcoin above zero not matter what in my opinion.  I suppose it is always possible that another coin overtakes bitcoin, but I don't see that happening anytime soon.  For bitcoin to go to zero that means everyone would have to sell and I just don't see that happening.

Well, the poll puts $ 5k but we must remember that a little over a year ago bitcoin reached $ 3k. The minimum value of any cryptocurrency is given in its precision or subunit value, technically it cannot be zero. And in practice it is very difficult that there is no supply and demand for a bitcoin.

- One million dollars for a bitcoin, that is really the attractive number that many people want but I worry that you will not have the patience to look at that scene when a lot of perfect conditions are needed to optimize bitcoin to this price point, the biggest problem will be the interest of the government, they will hinder a money laundering tool. But even if bitcoin fails to achieve such a goal, forcing it to go back to zero is just too much of an imagination, a large number of investors will help the price of bitcoin maintain at its perfect level, they do not want to lose money so easily.

The market need it for volatility. Without volatility, you can not trade bitcoin.

You can not trade bitcoin on centralized exchanges but there will be many other ways to trade bitcoin. On peer to peer marketplaces, on decentralized exchanges. Another way is direct exchange with bitcoiners around you. Everyone can make direct deals with each other and finish their trades.

Escrow services will be mandatory for your safety.

How many years since the birthday of bitcoin? 12 years and governments won't ban bitcoin or cryptocurrency as we have seen. They only have more rules, regulations on this market. That's all they will do.

If you have electricity, power, infrastructures, mining rigs (ASICs), and skills to set up your rigs, connect to bitcoin nodes, pools, you can mine. The network will keep moving forwards.

Apocalypse will destroy all things on this planet and bitcoin network will be killed only by this way.

Altcoins? They are shit coins and they can not kill bitcoin. They can only kill themselves, make suicide and end their lifespans.

I don't believe Bitcoin will drop to $ 5k, let alone Bitcoin price falling to zero, it is absolutely impossible to happen. As long as there are still
transactions with Bitcoin, it is impossible for the Bitcoin price to fall to zero. Because with many institutions investing in Bitcoin nowadays,
Bitcoin fundamentals are getting stronger. This is what keeps the Bitcoin price above $ 50k in my opinion. But if it is true that Bitcoin drops to $ 5k,
I will buy a lot of Bitcoin. Because the Bitcoin price will definitely recover quickly.

There are people who will never buy if Bitcoin nose dived to $5,000 from its current price of $60,000+. They will say the "bubble" has burst and that buying at that price is catching a falling knife. Didn't we experience it when Bitcoin crashed to $3200 from its ATH in 2017? These ones waited until price picked and then they started chasing it.

From the various options above, I think the one that will greatly kill Bitcoin is the number 3. Others won't bother the Bitcoin community as much.

It's simply because people still erroneously think Bitcoin is a bubble. People forget that there is a paradigm shift going on as it were globally and that Bitcoin is leading that shift.

Bitcoin is achieving very high decentralization so a zero value prospect is unlikely. I have thought a lot about this issue like the power outage or the internet outage around the world or all the institutions abandoning Bitcoin. Bitcoin has enough experience for every bad news, there are hundreds of value collapses so it can be said that when Bitcoin is dumped, people buy immediately.

O course it can drop below 5k probably not zero , anyhow , I got a gut feeling the the whole crypto markets going to crash soon, all the Alts are so over valued it’s ridiculous,

It is possible for Bitcoin to fall to zero but not very probable, imo. Most of the governments don't seem like they aim to ban Bitcoin forever in their country. On the contrary, they make regulations and impose a tax on Bitcoin.

And if Bitcoin price comes down to 5k, I'd buy more because it'd be a great opportunity to be in even more profit in the long run.  ;D

To sum it up, it's impossible.
High amount of crypto currency projects are already created and high percentage of it doesn't make sense what the purpose would be.
If an investor would pick, will he choose an unknown coin over Bitcoin. It's difficult to imagine that.

Government banning Bitcoin.
Not every government had the same view over what Bitcoin is. Japan is a good example.
There will always be a place for it no matter what happens.

Summing up the above mention of OP it was most likely impossible to happen or maybe some are having a slim possibility but reading it from the start, the certain condition was something that I guess couldn't happen for real to make bitcoin price fall to zero. But of course i may not just know really the starting bitcoin price in the market the day it was launch by Satoshi but I guess it also to zero and luckily made it to its current price to $50,000 and up.

Your asking about the possibilities of Bitcoin falling to zero but your Poll seems too different from the title.
And also you have already answered all the possible questions.
For me, bitcoin will never fall to Zero because what ever happens there are already millions of Bitcoin that in the air and that means BTC will have a permanent value .
and about the Poll? I will Sell if the price fell down to 40k and will wait till the value drops to 5k and Buy all my funds and then rest to the grave .

I believe Bitcoin will not reduce the price to 0. Recently Bitcoin price has increased strongly after the influence of Covid19 translation. Bitcoin prices simultaneously increased by nearly 58,000 USD. Investors who boldly store Bitcoin for a long time to become a billionaire. So what reason Bitcoin has fallen back?

Is possible for bitcoin price to fall to zero and before such a thing happened that means people are no longer interested in anything concerning cryptocurrency, but bitcoin price can go down that does not mean that bitcoin price can go down to the scratch, many people from their own knowledge of understanding of bitcoin.

what's wrong with the survey :)
if bitcoin drops to $ 5000, of course I will buy more because in the world of Crypto all coins are good depending on the fundamentals. specifically for btcoin this has been tested from 2015 until now the price continues to increase. and if bitcoin drops again to $ 5000 even though that is impossible I will confidently buy as much as I am sure it will definitely go up again with the time available.

Lol ;D from the list you have here only number one is what I believe can make price of bitcoin drop or maybe kind of render it useless, because if there are no ways to exchange bitcoin, and all exchanges , both the centralized and decentralized exchanges, are no longer functioning, it will affect bitcoin. But even if that happens I think people will still be looking for ways that they are going to move it, which I can’t tell, but whatever happens, let’s not wish for something like this lol.

As for the number 2, the world governments all placing bans on bitcoin is not going to stop anyone from making use of bitcoin, people are still going to be making use of bitcoins when there is a ban, it doesn’t stop anyone from making use of it, people are still going to be using DEX, because DEXes are definitely still going to be there and people can also make use of p2p methods to trade. That is the same thing with that number 4, another cryptocurrency overtaking bitcoin wouldn’t cause it to drop to zero.

It won't. Never.

I made a joke topic about this

• Will Bitcoin fall to zero? Be woke with changes of No. of BTC with $ 1 million (https://bitcointalk.org/index.php?topic=5288360.0)
• With same capital, $100 ie. the amount of bitcoin or its fraction you are able to buy has been decreasing. Despite of ups and downs, the trend is downward.
• People adapted to this trend by more regularly use fractions of bitcoin for their transactions rather than bitcoin

I don't think that it is possible and regarding to the survey I think before it even hits that  low I would already sold all of my holdings even if it is just a small amount,
I wouldn't wait for it to reach that low again before selling all of my crypto and maybe I would leave crypto and focus on real world when it happens.

Bitcoin's price could potentially fall to zero, but there is no risk in this scenario. Bitcoin activity is growing in a legitimate way all over the world.

Yeah. Any huge crash will be over in a flash. Just look at what happened last March 2020. Huge huge crash but 60% gains and recovery in a matter of days.

Bitcoin is simply too big too fail, and too big to crash without a big rebound. Any crash that happens now is just a way to wash away weak hands and speculators.

Everything in this world is impermanent. It means, things get to evolve/change or even replaced by another. Bitcoin, currently, has proven to be a good product, a better visionary for humankind which can reshape the future. But in the far future, about 100 years or less, it can be replaced, or banished. Our world is changing with an amazing speed and with the ongoing pace, new technology will be developed, especially innovations based on computer. I believe that when time comes, there will be a better solution than blockchain and bitcoin, when it already fulfill it quests, will rest in peace

Perhaps there might be a monument for bitcoin, the leader of decentralization

I don’t think Bitcoin will ever drop back to zero not unless Satoshi Nakamoto will withdraw all his Bitcoins and the rest of the big investors of Bitcoin which is not possible in my opinion based on how much it had grown since 2008. But it does happen though, I’d probably still hodl them and might buy more of it dips even more.

There must be ups and downs, but if it falls to zero I don't think it's possible. Even though it is not yet legal as a trading tool but at least it has become an investment that many people are interested in

Although we will not see this scenario again. Bitcoin is in the hands of investors who have decided to invest for a long time is the reason why we have this bull run heading to exceed 100K.
The role of bitcoin has a better destination, which indicates that it will be useful to strengthen the economy of the countries that adopt it.
The first step has already been done, those who own bitcoin and cryptocurrencies will get their benefits because they are also participating.

I just went through the list and I still can't find a credible reason for bitcoin to zero out, there's no stopping this evolution no one not even the government can be able to stop it, that's why even in countries where bitcoin it is prohibited some citizens in that country still make use of bitcoin through bitcoin can never be worthless no matter what you guys think might happen in the future.
I thought we are done with this debate of another cryptocurrency taking bitcoin's place, it's never going to happen even if the supply of the crypto is lesser than bitcoin's 21 million.

Won't happen. That's everyone's dream if bitcoin falls to zero, why a dream? because everybody will rush to go to exchanges including those OTC transactions just to take all that they can even not to zero, even with a tag price of two digits or three digits and even when it drops to four digits. There will always be those who are waiting only for the dip and that's how they see bitcoin these days, if it drops a lot, that's a sale and everyone will be on a shopping spree.

Answer: Possible but Not!
Why? On a normal note, as a speculative asset, Bitcoin can dump/pump to any price. But, not in these times; these times when big companies are investing in Bitcoin, these times when big and small scale store are opting for it as a medium of making payments. I guess it's just too late for such a dump.

Hello everybody. In my opinion, the value of Bitcoin can fall to zero, only with some disruptions in the network, I simply do not consider other options. Even not the most dedicated people understand that the cryptocurrency market is cyclical, and even if the price drops rapidly, over time, it will grow even faster. The further the price falls, the more people will be willing to buy Bitcoin.

When there are lots of money playing around, the trend might go further, more on bullish and expect to see higher
valuation than seeing it falling as traders and investors will aim for more.


Institutional investors knows how to play well, with them now around the very possibilities that it will have a much solid barrier.
Not unless there's a solid case that will bring out to chased this asset.

2. I think when all governments around the world have ban on Bitcoin. Then Bitcoin will no longer be allowed to trade, Bitcoin's value will not be available. But compared to the current crisis economy. In addition to gold and stocks, Crypto is being considered a new and profitable investment channel as well as the benefits of many individuals and businesses. It's really hard to ban btcoin at this time

Bitcoin price falls below $5k?Bitcoin price fall to Zero? It's not possible. Bitcoin current price is $57k-$59k and It's still rising.Although It's not legal in many others country, Yet it doesn’t stop any country.

There are N-number of ways to spend the bitcoin for goods and services. You can now directly pay with crypto to fiat services from your Crypto Cards. For example, We have BNB Credit Card, Paypal is also next gen service to offer this pathway.

Moreover, people have just started to use it as currency for the goods and services, so yeah give it sometime to develop more.

Don't forget you can buy Tesla with BTC. :P


Come on man! Most of them are looking forward to work with blockchain and use it for their benefit and public use as well. In fact superpower countries like USA and European's are the highest user of crypto and it highly unlikely it will get banned fully.


I have no clue about this but nodes going offline? Where from did that come?


What crypto? Can you please specify the list, we would love to invest in that. Moreover, BTC still stand at #1 position.

The bitcoin will never drop to the point of zero or else it will be called a dead coin already if there's a person who makes buy or sell this coin the market will move even not too volatile at least it moves if someone use this coin it never will become zero value and as you see right now the price of the bitcoin on the 59k USD price there's a possibility it might increase more due to support of other trader and investor and the upcoming halving will increase more than its ATH.

When it comes to Bitcoin, I would say that the price of Bitcoin is going to go up. The price of Bitcoin will never go down because people are using Bitcoin more and more. So I think the price of Bitcoin will never come to zero.  I think such a possibility

It is impossible making bitcoin hits 0. To make it happen it requires absolute and drastic actions, such as globally banning bitcoin, or removal of crypto enthusiasts.

Now it is absolutely impossible for btc price to fall. If it does, so many people will line up to buy as much as they can and that will push prices up again.
Even exchanges will not allow prices to fall below certain level. It's not free market. We have centralized markets where 90% trade takes place. They are holding big amounts.
Pluse miners will stop mining if price falls below a certain level.

I think the first 3 will possibly render Bitcoin to worthlessness or make it price to zero but the 4th one will never make the Bitcoin price goes down to zero.  The 4th one may make the price of BTC to plummet but it is not good enough to render BTC useless.  There will always a supporter or buyer of BTC even though it was overtaken by other cryptocurrency.

As per my knowledge there no way to bitcoin Will be become a zero value because we know now how bitcoin has been moved for $0.01 to 60k and many countries are accepted bitcoin as a digital money, so we can see changes in price like what happens in previous but it will never become zero.

How could the value of BTC drop to zero? We have seen BTC rise over the years to unexpected heights. It will be extremely difficult to see crypto

disappear, specially since this is still emerging. We have seen how even the scam coins like PNZR never go to zero.

It just won't happen, not with so many investors around. BTC is like gold -an asset that will always have value even if that value depreciates with time.

Did you just use 5k as an example? ::) With the rate at which the adoption is going, Bitcoin may never drop more than 20k. I can't be sure of the lowest it can get to, but I know  for sure that Bitcoin is done with petty prices (At least not now that it is even being recognized the more)

Bitcoin can't go down to such extent because people still demand for Bitcoin always, instead it will be rising, even without involving trading and other activities involves in Bitcoin it will make well because of how influential is Bitcoin and generally cryptocurrency.

Price fo btc can drop. But, It’s not possible to be 0. Btc is now a decentralized cryptocurrency. And popularity of btc is so much. Now price is around $60k. And i still believe price of btc will increase more.

I think the price of bitcoin will be higher every year than down to 0 actually this will not happen, especially if we see that lately the price of bitcoin is slowly starting to increase and its popularity is also increasing every year. And now almost all governments are starting to accept bitcoi well in every country.

nothing will happen to bitcoin falling to zero. This is an unsubstantiated statement, I even believe that the price of bitcoin is very high and this could be an option to buy. considering that the potential of bitcoin is very large and the potential for bitcoin is still favored by many large investors making it impossible if bitcoin goes to zero

With the ongoing market trend and increase in the adoption never let the price fall low to $50k. Bitcoin is in high demand, starting from the low level of people to the large scale business owners. This will keep the price of bitcoin pushed forward rather than falling backward. For people who want to buy at a lower price can just have patience and pray daily. If not the only possibility is to invest on low price altcoins that are predicted to give good return in the long run.

If you are going to ask me, I don't think that Bitcoin will go down to that level. I mean if you are going to think about it, that has not happened to Bitcoin ever. Price becoming zero is impossible, as even if Bitcoin dwindles in popularity, given the history of the coin, somebody will buy the bitcoins and might store them on a disk or something and possibly put it in a museum to show them that on this disk lies 21 million bitcoin. Crazy thinking perhaps, but the point is simple, somebody will be interested in buying bitcoins even at a very cheap price.

This topic was already been discussed over years and again its opened up again. I think its impossible for bitcoin to drop to zero and the current price is the testament of it being the king of crypto.

Going back to zero not possible at all and even we are still in bull seasons I concur we will reach more ATHs this year. It may go dip a little for people wanted to take profit but it will recover fast. We just hit two ATHs today and that's making the market more healthier than ever.

And here are my answers to it.

1. Bitcoin has been adopted by many establishments already and there are some merchants around the world who are accepting cryptocurrency as a mode of payment and when it comes to crypto what is the first word that comes to our mind? Bitcoin so this will not happen at least for now since many are accepting it. There are also many ways to trade Bitcoin too.
2. Although there are some governments who are prohibiting their countrymen in using Bitcoin, there are some countries too that are either supporting it or just neutral with it or they aren't doing anything that is related to crypto. Will this happen or will all of the governments make some plans in order for Bitcoin and cryptocurrency in general to be banned?? I don't think so.
3. Nodes going offline? I don't think that it will happen too.
4. Gaining trust of the investors will take a long time. It took many years for Bitcoin to gain trust of the investors. If there will be a crypto that will overtake Bitcoin then it will take years to gain trust of the investors and one thing more is that, I don't think so that people will shift especially if they know that Bitcoin is already working.

In short, all 4 of what OP said will not happen at all so in conclusion it never happen :D.

It's impossible for bitcoin price  to fall to zero, bitcoin can only fall deeply in price and will surely bounce back again Because there are so many big investors and companies who are ready to buy at every dip there see, so there is no possibility for bitcoin to fall to zero, for me if there is crash in the market and bitcoin falls so badly sincerely speaking I will load enough of it like I will be ready to pull out funds I got in other asset and invest in bitcoin at its deep because surely it will pay off, its just a matter of time and patience I will make it big.

The price of bitcoin may drop but we can't think about zero price of Bitcoin. Bitcoin is leading the crypto market and people are investing in huge amount on it. Though we can't predict the exact price of crypto currency but it is not possible for bitcoin to drop zero price.

I guess, those might be a possibility, but even so it's kinda impossible for it to reach zero. Maybe it will be worthless, but it might still have little value, not suddenly turned into zero.
And i guess, bitcoin is still so strong, even without many option of using it to trade into goods or services, and bitcoin getting banned in a lot of countries, bitcoin still can rise up high up until now. There's no other cryptocurrency that seems to be able to overtake bitcoin position too for now. So i guess no need to think about it too much for now.

Of course it's technically possible but it probably won't happen before a long time.

That said i find Bitcoin a bit old in term of technology if we compare it with some others cryptocurrencies, so who knows what will happen in a during time ? But it can evolve.


Because there's no media that talk more about all the better cryptocurrencies than Bitcoin.

There is one thing that very important for bitcoin because if there is no this thing bitcoin will not work anymore. Yeah, internet access, if government shout down the internet in their area then bitcoin will not be used anymore. Or even their government is very authoritarian like North Korea where internet users are only the government, yeah can you know, is there any North Korean who knows bitcoin?

Also, I dissagree with your last point that you mentioned. If there is a crypto currency let say an altcoin that has a high price than bitcoin then bitcoin will not be used anymore. In fact, before bitcoin price having a high price like now there is an altcoin that passed bitcoin price namely YFI DeFi token that has $45000 at the current price. But, the investor still choose bitcoin as their investment place than the altcoin.

Not a thing that we need to argue, we know Bitcoin is growing now, the adoptions still working, and the trust has been there already. These are the basis why I'd never think that Bitcoin will collapse and back to scratch where it started. I see nothing like that but instead of seeing Bitcoin keep rolling and stronger.

I know we are not 100% sure about its future but there is another reason. But I'd rather not think about it as we are all enjoying the moment, we don't see huge problems with Bitcoin and there is no reason why we should think about this.

Please read to understand the concept and the potential of Bitcoin with the advantage block halving because the chance for Bitcoin to be worthless is zero even before the institutional investors join the crypto investment.

There are many options of using Bitcoin to trade for goods and services if you're well informed about the crypto activities created by PayPal, other online stores, and payment apps/platforms.

The government doesn't have power/control over Bitcoin its impossible for them to ban Bitcoin but they can place a certain restriction on its uses.

it depends on how much I bought it in the beginning. Anyways, I think I would keep it.

speculating too much with the unreasonable and I agree with you, that there might be a decline, but if it reaches zero it seems that the impossible will happen because the price of bitcoin is too high and the possibility of a decline can occur but it is still within a reasonable level.
even if it drops $ 5K it's also hard to imagine how it will happen.

If the price drops below $ 20K alone, people are definitely scrambling to buy it and save it for another 4 year investment where the halving takes effect again. but it seems that if there is a correction there will be next year if this year until the end of the year bitcoin will continue to increase.

Bitcoin is trading over $63k now and you are trying to tell me there's a possibility for me to buy cheap bitcoins?, stop giving me false hopes man, we both know none of these things been listed will make bitcoin to back to zero, expecially the no. 2 about government placing ban on bitcoin, over the years we have seen some governments placing ban on bitcoin, and yet their citizens still make use of it, the government can't ban a decentralized currency, because even the government don't have control over it.

I don't think so it will ever happen in near future. In the year 2018, we have heard much negative news about the BTC banning and even some countries banned restrict its use still Bitcoin overcome all the obstacle and now we see bitcoin on the top again. We all know Btc is decentralize and no one can not control this and is not a pyramid scheme that can collapse so I believe Btc has a bright future ahead. We should think optimistically about bitcoin and our approach should be positive rather than think negatively.

The ban on bitcoin in 2018, where and this issue caused the price of bitcoin to fall in 2019 .. From this issue we can see if whatever obstacles befall Bitcoin, bitcoin will remain strong in the market. So I think we have to be smart and watch the situation if bitcoin remains strong in the market.

The topic of quantum computers has been discussed a lot and i'm not sure it will ever break cryptography.  Until now, we all know that the cryptographic keys are still in the hands of Satoshi and possibly his/her group ^{(predictions say Bitcoin will continue to be safe)}.  but i also do not know what will happen when quantum computers actually come into being.

I will Not give opinion regarding that Title question because that is redundant and had been answered thousand times before.

What i wanna give my answer in the Poll in which about the question of action.

I voted for Buying more and more as the price starts falling because all my Holding now are 1/2 of my original Holding as i have already sold at 50k level.

So the remaining funds in my Cash now are enough to buy 10 folds of my current holding.

Bitcoin can only be destroyed when all the people of the world and the governments of all the countries collectively stop the bitcoin transaction at once.  Moreover, it is not possible for me to destroy Bitcoin for you alone.  Bitcoin does not depend on me and you alone, it depends on the people and governments of the whole world, the central bank.

This is pretty much all the reasons, if ever bitcoin's price drops to zero. Though it is impossible for it to happen. I just dont see another coin overtaking bitcoin nor for all the networks to suddenly go offline. If bitcoin's price fall to 5k, I'll still HODL. It always does that, then eventually rising up in a few years. However if it reaches 100 dollars, that's when i'll be worried. Maybe I'll panic and sell all my bitcoin so that I wouldnt have to waste any, just in case it reaches zero.

It isn't virtually possible all the money on bitcoin isn't manageable sometimes holders doesn't have access to their old private keys so the money they invested on bitcoin stays in there so it's just a speculation but not all users or investors doesn't actually remember or have their private keys or completely forgotten their old one so bitcoin can't hit zero

I don't see it anywhere been possible even if everybody is sold out of their coin and every government in the world ban the trade and possibly own their own coin I don't think it can fall back to zero. I stand with 99% not possible giving the 1% for doubt.

We will never prove until they prove it.

I thought that during this pandemic, this is also the time that bitcoin and the others in the market would really suffer. But in that guess, I tend to be wrong and surprised and thinking about zero, everyone who has known bitcoin for awhile shouldn't think about it.

Absolutely not to drop in zero, bitcoin have already a price and that could change that to zero, but i can say that it would be replace someday. Bitcoin is still mystery to us and until it never find out the value is there and rising. And more to come to invest because of this pandemic more people putting their time in internet and find these cryptocurrencies.

I will definitely buy more if the price of bitcoin is drastic because I am sure bitcoin will shine again. That is, if bitcoin has decreased drastically but this possibility is very small if we look at it from now on, bitcoin is getting more and more soaring and I've read in one of the articles that there is a statement that says the fed's monetary policy continues to press interest rates to remain low until 2023.
indirectly this will make the price of bitcoin continue to rise for the next few years

All these things you have said here cannot make the price of bitcoin to drop to a zero, if there is anything that can cause bitcoin to drop to zero then it should be one thing , and that’s when everyone stops making use of bitcoin and also the devs decides to abandon and exchanges stop trading it, that’s the only thing I know that can possibly lead to bitcoin price or value dropping to a zero, but I don’t think such a thing is going to happen, I can’t even imagine it.

The only thing you’re going to be seeing is just this price fluctuation that will be happening all the time. And it is possible that some of the big investors/institutions will sell their assets at some point and cause the market to crash heavily, but still it won’t fall to zero and it stop people from using it.

To date, there is not a very strong desire on the part of governments to regulate the issue of cryptocurrencies, but nevertheless, this process is happening little by little. Large companies are starting to invest in Bitcoin and use it not only as an investment asset, but also as a means of payment. The government will not be able to prevent this tendency. At the same time, one must take into account the fact that all goods that are banned from distribution and trade are valued much higher on the Black Market. Even if we theoretically assume the ban on Bitcoin, who will trade this asset on decentralized exchanges anyway, and its price will only grow at a tremendous pace.

One day we are predicting the Bitcoin to rise to $100,000 or $400,000 and now we are talking about it falling to zero?

As CZ Binance once said, "As Long as I Have a Penny Left, It Won't Happen."  ;)

https://i.imgur.com/HcTPDba.png

And the fact that the price of Bitcoin has been slowly rising in recent months goes to show that Bitcoin is not a bubble and is likely to be around for the long term.

Thats a %0.0001 that Bitcoin might fall to zero, I mean the adoption this big it might be impossible unless there will be an organize government activity and simultaneously stop Bitcoin activity immediately but thats scifi dream. Were now in the stage where people are not afraid to use Bitcoin and people starting replace their doubts with believe.

There is no possibility except government  activities regarding illegality. Many more people has a trillion doller investment on it so it is impossible that every holder is going to sell BTC and it's fall 0. It's quiet impossible.

Even in the darkest times, when everything collapsed a few years ago, the price did not fall below $ 1,000. And I'm pretty sure it won't go down. If you search the Internet, you can find thousands of opposing opinions - someone says that very soon everything will fall to the indicators of 2017 and backs it up with some kind of arguments, others talk about 100 thousand and even 300 thousand dollars by the end of this year ... Choose what you like best! ; D

It's actually so impossible for bitcoin price to fall to zero because of its adoption and also got much hodlers, bitcoin can only fall deeply to a certain amount but can never fall to zero because there are many people who will always buy at every deep there see, hodlers of bitcoin believes in bitcoin and there can never be a mass dump on bitcoin, for instance check out the pandemic period last year, bitcoin fell too deep and later started rising even when the pandemic was still effective bitcoin rised higher and same last year hit a new Alth.

Currency failure have happened before and I can't convince those who use bitcoin to think that bitcoin will never fail in the future. But I'm pretty sure the innovation in bitcoin can help it continue to thrive and last and be used for longer than currently thought.

I think it's a bit strange to think that bitcoin will no longer be valuable in the future if we still have a lot of users and adopter. The short answer is probably no, but if something happen technically that will make all users sell their bitcoin, then it won't bring the price down to zero. Bitcoin will become a valuable crypto asset regardless of the price buyer and seller desire.

With this speculative market then you can really expect with these kind of calls where you can really see different sentiments towards the market which is expected.
Lots of topics and discussions similar to this that you can see on where people do still believe that price can go dip down back to $0 without even realizing on how
far we had able to reach and whats the current recognition that bitcoin does have on this moment.This isnt something that you can easily say that it would
go back from scratch.Everything is possible though but doesnt mean that it is likely to happen.Support now is just too big for us to presume that it would fail.

For now, no matter what survey you do, I think the price of bitcoin will still have a price now, even I think that the price will continue to grow. however, when the price drops, people will stock up on bitcoin again, hoping that the price will go up. thinking of the price being zero, I don't think it will happen even in the future.

an unreasonable voting. From $ 50k down to $ 5k? it will not happen, in my opinion, if bitcoin today drops to 30K, many will buy it, even large institutions and companies will also buy more, so the price will pump back up.

I'm not really sure what innovation in bitcoin that will help it to strive. 21 m supply is already etch in stone.


It will be more valuable in the future, again the design itself makes this one of the best assets  as the price will continue to climb because of its scarcity. So I doubt that it reach zero value in the future. Probably in the next 12 years we could have a hint how much value it will have or how people or government are going to treat bitcoin.

Items [2] and [3] are practical sounding reasons, but [1] and [4] are completely meaningless.  Even when the organizers called for the referee to blow the whistle to the whole thing to stop bitcoin, it still cannot go beyond the limits of decentralization.  People are not slaves, when there is no more democratic freedom, it means the world is in darkness as well.  bitcoin will still be worth a specified amount.  it still fluctuates!

I will agree that bitcoin will not fall into zero value if we are going to look at the price of the bitcoin today we can really see that falling into zero value is really imposible, the price of bitcoin today is really amazing it is maybe because many people already believe on it and buy it for good and I believe that the numbers of buyer will increase in the near future, so meaning bitcoin will not going to fall into zero value it is more posible to rise than to fall.

I believe same thing will happen even bitcoin prices slipping down just below $50k levels then how it will be possible for $30k as per you and anything below to that as per OP? I am saying this because lots of institutional funds are waiting for grab bitcoins at possible lower levels and they may get into FOMO at any time soon; hence expecting prices toward $80k to $110k levels is more sensible as of now.

I'd definitely like to fill the bags at $30k for a coin.  ;D

And now, seriously, I don't think anyone can count how many times a topic like this has been started in the past. Probably since the time when bitcoin was worth less than $10. They all had one thing in common: they never came true, but bitcoin kept growing.

Entirely baseless review, OP may trigger late 2018 history! Market is dipping right now, it could go down further but there lot of buying pressure will happens in the 53k~54k range. Sure bitcoin is good and secure investment. Anytime is good to buy BTC nowadays.

Given the recent rally, I think investors are right to be cautious about the intermediate trend. I believe bitcoin might retest the $ 50k range before the new rally starts. At the moment, $ 50k is looking really good, with buyers eagerly awaiting in that price range.

People should at least have those kind of analysis before telling that bitcoin could go back to zero because if we do look at into those sentiments then its really impossible that
we would really be heading back into those points and they are just basically making themselves look a clown on telling that bitcoin could go to zero anytime there's some
percentage drop on a single day without even realizing  that these are just common movements and they do easily freak out in these times.
Same goes to those people who had been keep talking about Bitcoin would go to $1M/per coin which is totally absurd.