Bitcoin Forum

How will it happen?


Will it just suddenly one day drop to $0?  Or will be a slow painful bear market finishing near $0 but never quite reaching at?  Some believers will never sell no matter what price ??


What do you guys think?

Nice trolling.  ::)

it will never drop to 0$ as far as i believe , i trade coins and i do sell them and buy , it will be always with some value.

I guess will always have some value for some uses. Hmmm.

But when BoA has a new bitcoin, why people are going with BTC not BoA? Of course USA will make BoA the 'official' coin, everyone will use BoA coin, then BTC is truely illegal.

whats a BoA? if a government will create such then it won't be decentralized. you sure you want that?

zero is not possible as long as there is the demand and merchants accepting BTC, I doubt any of btc holders here will allow that  to happen.
We have invested a lot for btc not to mention the time we have here, it would be a waste.

I dont understand. Why it should be decentralized? US dollar better than RMB.  Bitcoin is good for you even if no problems with USA? Let us imagine. Year is 1960. Still bitcoin is $260?  I don't think so.

Everyone likes bitcoin because of problems with USA. Correct?

I dont understand that.

Bank of America = USA

even i too think that it will never drop to 0$ ...it may drop harshlt to 150-165$ but 0$ is out of mind....

Ok. Lets say, for example, drops to $150. You selling?? Or hold?

Tough question I know  ;D

$150 is a good price to buy. :D If people wants the price to go uo then probably no one will be letting go of their coins and just reinvest. It's a good price for newcomers to buy but then I doubt some people will be enjoying this sudden price drop because they will be loosing their profit. But then again, anything can happen. :D

It cannot ever go to 0. If even one person wants to pay 1 cent for a bitcoin, it will not reach 0. Unless your definition of 0 is much lower price than current price, than it would be possible.

I wouldn't count on it going below 200 again though, if you didn't buy yet, you probably missed the bottom.

but hopefully because of the 21mil cap over the longer term people will see BTC grow in value and their BOA coins lose value (as fiat currencies do because of the constant creation of new currency)

Also by being decentralized it's harder for the government to control/confiscate your money!

i cannot see bitcoin will not drop to $0 again.
as if it goes back to 0 again, many people will be riot.
as its not acceptable after all. but i dont believe that believers
will really hold their coins no matter what the price is.
as first if it already go to the point what they expect bitcoin price will be.
ofcourse they will sell it. and 2nd if bitcoins goes down below $100,
there will be a fast selling of it. because many believers afraid to lose more money.

not possible in one day , plenty of buyers will create huge walls long before that, average joe will take part in action too

i think also miners will begin to protect their business under 100 already, and begin to buying, they have dumped at a higher price after all

the 0$ its like total ignorance of BTC and the money and power already jholded its going to be like busted to more never to less its the digital good factor and digital wins after 2 bombs of japan and no further wars world ones.

Yes, nice gentle approach, not as direct as some of the other users are taking! :)

Bitcoin falling to the 0, it won't happen mate, never!

As what gr8n8 said, by being decentralized it's harder for the government to control/confiscate your money!
take out a bill in your pocket and check what's in there, its pretty obvious the money you have is owned by the government and this is why you give it back to them as tax or so. if you have tons of money for which the government can't see where its from. IRS is a problem.

you shouldn't worry about bitcoin falling to $0 as that will simply never happen. even when bitcoin fails or get replaced by something better in the future, then there will always be people keeping the price higher than $1 :)

Not going to happen.

At the end of the Human species, then transactions will stop and that will crash the price to zero.


It depend if the Human species end fast with a meteorite like happen with dinosaurs, then it will be fast.


Bitcoin is immortal because it isn't a coin, when you understand it is a decentralized network of trust, then you understand that with the time, the trust is becoming bigger.

if the price went down again to $150 i won't selling my bitcoin but it's time to buy it
buy when the price cheap and sell when the price rise up and that's wise move :D :D :D

That's interesting but the fact that trust is growing with time is debatable

Complete technical devastation would easily achieve it. If there was something insurmountable then people would run for the door. The market is thin enough for a death spiral to happen in a few hours.

it can only go to zero if a major flaw is found in the protocoll or the encryption is easily hackable some day in the future.

if nothing like this happens i would bet a lot that it never goes to zero again.

bitcoin is an open source project. everything can be solved in quite a quick fashion. a flaw can make the price go down a lot, but not to zero.

Even in the case of a nuclear war and Internet going off, I think still will have some value for collectors that would pay for a paper wallet or something with Bitcoin stored.

I think that it will require few months up to few years
To reach that price, but to have a reason, which i believe that there isn't.
If bitcoin will be banned in most of the countries maybe on that time.

Well as far as i know you can't make an order with $0 value.
At least in Yobit i get an error which i think that it is same also in other exchanges.
Error Total transaction amount is less than minimal total: 0.00010000

Even if the price suddently crash with no reason ::), why people would leave it ? Those who have a lot of BTC, would lose a lot of money, but what for the others ? That's simple : when someone will want to buy 1BTC in 2015, he will simply buy 250BTC or so. It won't hurt newcommers, who will be able to win a lot because if it come to this price, it won't stay there a long time.

its pretty unlikely bitcoin will go to $0, or even under a dollar but if it did id buy up around 10k coins and hope for the best

There are almost zero possibilities for sudden price crash as we can see increase volume of bitcoin trading now a days. This means no one can move the market towards one direction. Lot of people are waiting to buy even in some $10 slide also.

ive seen this before, not as drastic as going to $0 but people have been able to crash the prices by selling a shit ton of coins at one time with extremely small prices. and it pushes the price down for a bit but it comes bck up soon right after because people know bitcoin isnt going anywhere

I think this is a crap thread & bitcoin will never go to $0. You must find better ways to troll -D.

Yes will never go to zero even a big whale start his sell off. This is because there are lot of buyer now days waiting to buy at every prices levels. Even a price under $200 also will not hold in this current trend it will revert back to normal price immediately.

there simply aren't enough coins on an exchange to dump it down to zero as they can put up 200,000btc buy walls at $1 or $2

you just need to disrupt the whole mining activity, to make bitcoin worthless

not that hard to do, if they can't earn money anymore out of their mining equipments, bitcoin will be doomed for sure

I think that the price to be completely zero,
I imagine a scenario if satoshi comes back and buys all the bitcoins.
And if he buy all the coins he can manipulate the price and change the price as he wants, $0 too.

With the prices at $0, anyone can buy. What is the point if the creator bitcoin will come and buy. If he comes and buy all the coins means, we can see $1M price for one bitcoin as Satoshi is well known for long hoarding of big amount of bitcoin for more than 5 years.

I don't know that you have the option to buy anything at 'zero'
In the poloniex exchange you should make an order at least of 0.0001
Also there is 0.2% fee, how would you cover that when you want to buy at 0$ ? Pretty confused.

Well it could probably happen but it wouldn't be that easy and it will need a lot of factors for that , one of them miners stop mining because they are not making profit anymore , that's why more people should be mining and open mining farms . Still ... a billions of dollars market-cap business won't die between one night and another .

Yes I know. This is only pure suppositions on what would have happened if it ever reached this point.

^ this but if there was some fatal flaw it might go near zero in a hurry. Since it didn't happen until now I don't expect it to happen (extremely unlikely - I see WW3 more likely than that), after all the bounty is the whole market cap.

I don't think it will be dumped to 0 USD. There are so many big parties that will lose so much money. Think of the mining farms, asics suppliers etc.

It would not suprise me they are behind the sudden rise of the BTC price right now.

if this will happen it will be a sudden drop in my opinion, people will start selling everything what will create a chain reaction of sellers

I can't imagine it falling down as far as that, if it looked to be heading towards the $100 I think we will see a lot of panic selling but I for one would be on the opposite side trying to buy what I could at that price.

i highly doubt that this will happen but if it will happen it wont be a sudden drop because people will sell small amounts of bitcoins

Indeed, 0 is close to impossible. Worst case scenario would be somewhere between 10-100 USD i believe.
But like more things in live... and expecially the bitcoin price...  never say never :)

No that would not happen I hope. We are in the future. So what would happen to the money.

I think we will just go with our mobile paying groceries. And I am sure that Bitcoin will be the future money.

Bitcoin is an invention. It cannot be "uninvented". Price of bitcoin won't reach $0 ever again it may evolve, in the future they may add new features, value could change but not to $0.
If you thinking otherwise please share some insight and back your reasoning with some proofs.

Don't see this happening

If it ever does comes to that, it will happen slowly it won't drop down to 0 immediatly

if it will drop to zero it will happen really fast most probably as one whale will start dumping everything he has

When the hyper-inflation of fiat crosses the Planck threshold and then becomes infinitely valuable...

When there is no use of bitcoin and the development of bitcoin stops, the price of bitcoin will go to zero. This happens to many coins.

Never say never, but in this case I think we can unless offcourse a bitcoin 2.0 protocol is developed and embraced.

I don't see that happening anytinem soon. With this in mind, the 200 USD seems to be a solid low point for the btc price.

Don't you think that it'll simply be absorbed by the market? A more probable event that could take bitcoin back to the ground and $0 is an attack to the network that would expose a vulnerability or an exploit of the technology.

It will only go to 0 if it breaks which woukd mean no use anymore then the way it goes to 0 doesn't really matter does it. Other than a break it will never go to 0.

Funny thing that u mentioned this. What if, what if... we all hope this will not happen, and I think chances are very low that bitcoin will worth 0. But if this happen we can just say " it was nice while it last" hehe and to turn our thoughts to something else. Cause if bitcoin stop to exsist, probably there will be some new coin much better then bitcoin.

The Bitcoin price will never go to zero 0. People will simply buy all the coins if they are going below $10. Even if for regular people there isn't a use for it anymore, the dark markets will always keep using it. They will most likely set up their own hardware to make it their currency. I always say, never say never when it comes to Bitcoin, but in this case I can say 100% sure that it will never drop below $1 :)

If the price goes to $100 and stay there for a while, it means bitcoin is a failed experiment. It will go to 0 soon.

If there is a major flaw is found in bitcoin, the price will go down. If the flaw is not dealt prompt, the price will go to zero.

It won't happen over night. If it ever does get to 0 it will happen slowly and not just drop to 0 suddenly. I really doubt this will happen though.

As long as there a demand and supply keeps coming.

If there is a back door found in the encryption technology, the price will go to 0 straight away. The whole banking system will also collapse.

this is the worst scenario, which will affect everything so who would care about bitcoin at this point

but bitcoin can go to zero, if a fatal flaw is found, and not corrected in time leading to a big waste of money, like for example the bug of the overflow in 2010

$0 is a very rare possibility for bitcoin unless a major flaw/bug is found in the bitcoin system.

Nope. I will step in to buy all the bitcoins there are when the price reaches 1 cent.
And there are many others who would be ready to do it before me.

I will step in and buy all coins that I can if they are priced at $10. But I am happy to know that it will never happen. There is too much interest to let it even fall below $50.

If it ever does drop down to 0 or even close to $100 I will buy as much bitcoins as I possibly can. I still believe it has a future and still believe it's a great investment.

Even when it does drop down that low, I think that it will bounce right back up.

At $0.00001 I will buy all coins ;-)

People would panic.  Market would crash.  Then miners would unanimously agree on the required updates.  Bitcoin would get rid of the backdoor. Price would rise again.

However, seeing how Bitcoin is open source and has been studied by people from all over the world, the probability is extremely low that there is a backdoor. It would likely have been found by now many times over

it simply wont go to 0 as people will be interested in buying bitcoins

Nothing will happend, I just think that Bitcoin will just be stable arround 350 dollars if not it will increase.

Lets say it happends that it goes to zero. I will just buy, because why not I am not giving up with Bitcoin.

How it will go to 0 dollar again? Weill not again or ever :P
Maybe it will go to 100, 200 dollar but not 0 dollar.

I dont think that it will hit 0$ again , all i can see that it is rising and still surviving , actually i have never seen btc going to zero from theday 1 when it was propagated over the network.

Yeah I was wondering too why he said again.
It was just in the beginning but from the highest Bitcoin price the lowest what was going was arround 200 US Dollars.

Oh well if someday that Bitcoin go to zero (well not happend). I just don't know what to do.

admin delete thread please



old day    ;D

No need to delete the thread. We will be interested in looking back in a few years time.

Yea right...but to see how how many people don't trust bitcoin's opportunities and future. Let's wait and see  ;)

At that price, it means bitcoin is useless or a major disasters happened to bitcoin. It will not survive. So it is not worth buying.

Even if there is some huge crashes bitcoin will now never reach that mark looking at current market cap.

I think the price will not go to 0 in a few years time. It will be much higher than the price now.

Cannot believe that will drop within one day from the amount in which will be at zero. This can happen only if blockchain fail in some point and become worthless or irreparable. Definitely dead accepted by the core developers formally. Being not an expert cannot told for sure if this can happen or not (if possible) but as an amatory connoisseur of peer to peer cannot believe that this could happen. Being a decentralized metwork mean first of all to have to many "heads" who control and manage it. Even can be dead on or some of those exist (or may created) to many others. The same with everything needed to make it operationl. Being decentralized (as I understand this expression) mean that even if exist only two operational cells the network may be functional (theoretically). Then how this can be possible is out of my knowledges to explain. 

Yeah I too don't think that it will touch zero. The fluctuations that are taking place is a issue but when compared with those years of steep fall this is not a big issue. The problem going on is, it is not getting stabilized for certain value for certain time. So hope everything goes good and in the rising path.

Bitcoin is getting popular day after day. More people will use it in the future. So the price will rise gradually.

That can never happen, I can tell you now.
Bitcoin is just gradually more popular and therefore will gradually rise. Do not worry and wait patiently

Tell you what OP, I'll pay a penny for every bitcoin in existence. Now it won't drop to zero and you can get some sleep.  :D

The bitcoin will not go to 0 dollar again its impossible.
I think the best time to invest is now, the price is very low.
I don't think it will get lower soon.

Yeah if it goes to $0 then it means its an end of bitcoin era, and bitcoin will never be seen nor it will be supported by community, and it will replaced by some other crypto which is in existence at that moment, and people would switch to it, but then people will think twice before investing into crypto.

If bitcoin goes to 0$ I'm selling all mine that's for sure.  Actually I might buy some now that i think about it a bit.  I mean 0$ should be a good buy point, it seems tough to go below that. I think there would be some good support at $0. You never know though, this is bitcoin land, anything can happen, even negative market values I suppose.

What happens when you get them all and noone else will buy them from you? 0$
Actually less than 0$ because you would have to pay for someone to take them.

I think that can not happen because. The price is already low for our look defined.
So 0 is very low. I just think the price will rise. And later, people make many gains.

That will not happen as fast as I think. If that's going to happen over the Bitcoin no longer exists once I think.
But I just think the price will rise rather than fall, but we'll see.

If the bitcoin can be developed further in the future, I think the price will rise instead of falling.

The price will basically never go to $0 as Bitcoin enjoys too much support worldwide. Even if Bitcoin gets useless, and the current top exchanges stop Bitcoin trading, then other exchanges will pop up and it will still have a value of a few bucks, if not more. It's practically impossible to see Bitcoin value go to zero.

Every currency has its value equal to something. So bitcoin too will have a value equal to some number which may be even one but not zero
Bitcoin has got equal to such a huge value in just 7years. So nothing going bad to reach even sub 350$

I think that will not happen soon. Bitcoin is now becoming popular and more used.
I think Bitcoin will rise up later and will be more worth later. But its unexpected.

even though the price will back to $0 but it won't be happen only in 1 day but if i could see bitcoin currently is more popular day to days and i think that the price will never going back to $0 at least for next few years

I have never sold a bitcoin, but if I owned them all I would start selling them for $10,000 each. Take it or leave it, the price would be $10K.  ;)

I guess that's not going to happen so soon.
The price is in fact now very low and I do not think it can go lower.
I just think it is in fact higher. But we have to see what happens.

I have never sold bitcoin for fiat. I just used it to buy things. It will make it useful, which will increase the price.

I think that its inpossible for bitcoin to drop so much and i think it newer will.

what about instead of selling, start using it at 10k? sounds better to me, you can ever do it right now, it will help bitcoin grow even farther in value

it will never go to 0, there are a lot of people interested in bitcoins and the interest will keep on growing

No way. I believe the price will go x2 high or even more after the halving. And before it, it will probably stay somewhere around $400. But this is just my estimation.

I don't even think that we'll get to see single digits soon, seeing that many things have already been established in the bitcoin world and the financial world itself. Big-time investors wouldn't simply let this happen, of course.

Bitcoin price could go lower, but never to the point that it has no value..  :)

The only way the bitcoin market price is going to get to the point that it has no value is if some major flaw is found in the software.

Even then Bitcoin will have value. I am sure that speculators and yolo investors will take a chance to make great amounts of money during the times there is really a flaw in Bitcoin. People will keep their hopes up that there will be a solution to fix the flaw in question. And that makes that Bitcoin will always have value.

Bitcoin will never fall so low, probability if not succeed to break 1000$ will fluctuate between 100$ and 800$. And when everybody dumps someone will start collecting all those coins and price will rise again. I just dont see end of it.
Only if asteroid hit the Earth and electric power becomes luxury again.

Is it really possible???
Well, I don't think so, because it ain't a penny stock that just climbed overnight and then came back to few cents back and the game got over...
It's an experiment which costed everything to Satoshi, from his time to his brains, and I don't think it will ever diminish this way...

Yeah, but its really too far from happening, the only problem that we are facing now is the block size, and its not a flaw actually, it is still can be solved.. :)

Bitcoin have more chance to go to 10k then to go to 0$!
I don't like predictions above 1000$. I think this is most realistic price for the next few years.may be between 300 and 800$ to be more precise.
http://www.coindesk.com/predict-650-bitcoin-2016
https://www.cryptocoinsnews.com/bitcoin-headlines-reuters-publishes-a-bitcoin-price-article-predicting-record-highs-in-2016/

I do not think this can happen viz. The price is actually now very low and I think it's clear now is rising gradually.
But we do not know whether that is certainly going to happen.

I do not think it will happen. But we'll see later what happens.
Because I think the fact is rising because I low the price is best and I also see that it is slightly higher.

Biitcoin cannot be killed by external forces. It will develop stronger and stronger if it has the community support.

It won't go down not matter what, it's way too popular now, it's price just can't drop so much to zero $

Exactly if bitcoin goes down that low, I think that would be an end of bitcoin, but I am sure it will rise in future and become more popular attracting many new users into it.

The same can happens with fiat,gold, etc.......  but it is unlikely in many years.

Yeah, if it will be adapted by many people  then it would be strong enough to face forces from the outside.. that is why we need to encourage more and more people to try using bitcoin..  :)

It does not happen so quickly. I think it's just more going to be worth the time to come.
But I also think the later much more popular and more people use it.
But let's hope it does not happen.

i don't think that it can go to 0$, just impossible when almost whole world knows about bitcoins

Even if it reach $200 there will be so many buyers so I don't think it can go lower. The problem will be the mining industry, due to low value of bitcoin they'll be operating at a loss at first then one by one farms will quit its operations bringing the difficulty down which may increase the earnings again but maybe just to break-even.

I dont think that is possible. The value of Bitcoin now is quite low. And I dont think it can fall. That will be not good.
I hope it will rise soon. So I can sell it later for more money and then I have more profit. And I think the most people will have that.

I think there is a chance that it can be $0. The value is now very low. And that is not so good. People are very negative about it.
If it goes on like this then its possible that it can happen. But we all hope that it will not happening. I hope that it will rise up later.

I also think the bitcoin price will rise soon. It could go very high if we have the block size increase later this year.

Wtf are you Okay?
Bitcoin will never go down like that, its just rises.

There is no credible reason to believe the price will reach zero any time soon, or ever. The only way it could reach zero is if something happened that rendered Bitcoin completely useless and valueless. The only thing that could cause this would be if someone found some major and irreparable security flaw in Bitcoin.

Yes there is no way that bitcoin will go back to zero again its impossible.
bankers might try to give bad name to bitcoin since they consider bitcoin as a threat.

it won't go to 0 not matter what, as everyones saying, it's way too popular now to die, it maybe drop to 200$ but not 0

I dont think that will happen soon. I think that it will rise in the future. Many people are now using Bitcoin. And it has now a good value to invest.
If you now see the value then you can see that it is a little bit rising. And that is good for the people that has invest in Bitcoin earlier.

Dropping to $0? It won't happen.

A slow painful bear market drifting asymptotically towards $0? Now that's possible. Unlikely (IMO), but it is at least possible.

In order for a price to reach zero, there would have to be sellers who wish to sell - for $0.

If you were desperate to sell and the last sale was for $100 - would you try and sell at $90 - or $0?
If you were desperate to sell and the last sale was for $10 - would you try and sell at $9 - or $0?
If you were desperate to sell and the last sale was for $1 - would you try and sell at $0.90 - or $0?
If you were desperate to sell and the last sale was for 10c - would you try and sell at 9c - or $0?

Given a choice between zero and a positive non-zero value - any rational seller is going to sell at the positive non-zero value. No rational seller is going to give BTC away.

Yes I think so too that it will not happen. I think it will now rise slowy so we can invest now.
If you invest now than you can better wait and sell it after a few months if the price is going to rise.

I wish we see 150 again... doubtful. Eth might hit 150, but BTC boat has sailed.

Yeah, its impossible.,. Alt coins might have a price rise too, but bitcoin was not affected much by those movements, might dip a little but always gets back again to its price in no time...   :)

Do you mean the Ethereum will hit $150? I doubt that will happen in 5 years. Maybe in 10 to 20 years.

We will never see the bitcoin price at $300 again let alone $150. You are right, we might see $150 of Ethereum.

It will never happen. Only possible way to reach is in the hands of bitcoins higher authorities.
If some negative statements were put forth by the developers often, bitcoin will reach $0.

Even then Bitcoin will not fall down to a value of below $1 per coin. There are enough exchanges that will keep the value at least above $1 for the first few years. It will be a whale paradise.

this will never happen.
the reason is simple, it is because there is a lot of buy support from regular bitcoin users like me an also from big whales who don't want to see the bitcoin price go down.

Its impossible. That cant happen. It is now a little bit stable and the value is now not that low so that is good.
You can even see that the price is a little bit rising now around this time and that is very good for the people who made an investment earlier.

It cant happen. Indeed. The price is rising soon. And the value now is not even that low so why are they thinking that.
We all hope later ofcourse that the value is rising for a long time, so we can sell it with profit.

you are right that it can't go to 0 but you can't say bitcoin will just keep on rising. In bitcoin market price is always volatile which can go on both direction.

Yeah price would keep on moving up and down but falling to 0 is simply impossible, as the price is rising at a moment it will continue to rise even in future.

It's not necessary that "it just rises"...
It falls too, but yeah, the basic thing is, it has a value which won't go to 0 any day because it's people's money, and people won't let it down...

I think the price will never go to $100 or $200 let along 0. The bitcoin will evolve in the future. So is the price.

There are way too many hands that got left behind in the last bubbles that didnt buy in because they were scared, and now all those hands are waiting for a dip to get in, so there would be a million dips before ever hitting 0, this means that there are awy too many buying opportunities before hitting 0 for a lot of people, and those buys would drive the price up.. in other words impossible is the word.

Obviously bitcoin market is very volatile and can fire in any direction but there are three things for sure.
1. It can never go to Zero again
2. Nowadays it has started getting stability i mean a new lowest value is around $350 and i don't think bitcoin will go below that.
3. In future there will be some fluctuations but by the end of the day bitcoin's value will increase

it's never going to happen, there is a huge support for bitcoins, and there are many believers in bitcoins, so if price falls dramatically, then they start buying bitcoins further increasing the prices by creating demand

The price of bitcoin is stable at a moment and it is rising slowly so we can expect some good price in future too, and bitcoin going to 0 is something impossible in future.

I like the price to rise slowly. Too much volatility will be bad for the adoption for the bitcoin by most people.

i don't think that it could drop to 0$, but if it somehow would drop to 150$, i would buy as much bitcoins as  i could, because they will rise again someday, just need time

Now only if all miners stops working at the same time, this would cause problems.
But then i will start solo mining.
If something bad happens and news start to spamming every corner of bitcointalk
price will fall to 10$.
I will buy as much as i can under 100$ for sure.
If we see again 300$ i will buy again.

How many of you can find yourself in my story?


This is why bitcoin have good future! 8)

exactly.
if i am not mistaken if all the miners stop, the difficulty will be adjusted a gain (fall down) but i am not sure enough for solo mining but if it becomes possible i would not hesitate.

and if the price goes any lower than $400 at this point i am waiting with my money in hand to buy as much as possible and there are a lot like me so there are a lot of these resistances on the way down which will never let it fall.

If the coin has nice features, I will have confidence in it. So I will mine it when others abandon it. I will make more profit.

Some will jump in as the difficulty will be low and it will be easy to mine.
Everybody fits in your story as everyone is only waiting for the right time to buy and 100$ or below if really the right time.

well even if the coin has good features but no one will want to mine it then I doubt that you'll make any good profit out of that

I believe it's better to invest in something that has better future and the coin that has a lit of interest among the people

everything is possible in the future, i don't think bitcoin will goes long life it's not mean i'm not believe in bitcoins and i think in the future we will see another bitcoins.

not everything!!
for example this topic is not possible. going to 0 means there should be a flaw in the protocol that makes it vulnerable (which there is none BTW). also going down to even 100-200 is not possible because there is a lot of resistance on the way down.

If the community of the bitcoin untied together, the bitcoin price will be very high in 10 to 20 years.

If the bitcoin evolves properly in the future, it will never go to zero. But if it does not, then it will die.

Wow, even a newbie understands this lol.

If the fiat value remains on a decline in a quick $5 value drop real fast, then yes its dead.

But that would mean something horrofic as happened like a technical issue that came up with bitcoin that the developers cant figure out causing bitcoin useless or something else tragic.

I don't think that is possible that bitcoin can get to $0 as its now time for grow and it will break many records in future so the price will be more higher in future.

it is impossible. I understand is bitcoin is a technology that even exceeds the price of gold, allowing it to become even bitcoin currency. I am not sure that the price of bitcoin be $ 0

Yeah and if it falls there that means its an end of it, no one will use it and will switch to some other better and innovative product that will be available at that point of time.

I mean the possibility of it recourse going back to 2012 and years before that is obviously low.

But there can be periods of time where bitcoin prices can have temporary small setbacks, but not zero completely.

Yes and if it goes to zero then I think it will be an end of bitcoin, as majority of users will stop using bitcoin thinking that it can never rise again.

If the bitcoin price drops to $200, that will be the end of the bitcoin. The mining cost is more than $250 now.

yes but they have soem time before shutting down everything, it's not like if the price drop below their profit, the network will end immediately

miners have accumulated plenty of bitcoin, they can mine even at loss for a certain time frame

It can not go to 0 without a steady decline since it's inception it is that volatile, even for bitcoin that is unprecedented.
That scenario is like saying the sky is falling, when actually it isn't  ::)

Not really, if people stop mining, the cost of mining would go down because the difficulty for mining would go down: It will be easier to mine due hashing going down. Someone will always find profit out there, Bitcoin self regulates itself, it cannot die no matter what price it is at.

It will be not drop to that low, as you can see you will know that the value will rise in the future soon because the halving is also coming and that can be nice for Bitcoin, you are not for sure.
But it wont drop it is now stable enough to keep that value and maybe it is going to rise soon.

I believe it will never drop to 0$ , even if it's dropped to 100$ (4-5 month ago if i remember)

it will never go to such price to be honest, i doubt there is a possibility that the price might drop that hard right now because all people cant lose interest all at once

though if it would happen i believe most whales that own bitcoin would have to dump it all making people want to sell that too and the price would quickly reduce to really low numbers then

It never dropped that low 4-5 months ago, it has always hovered around high $200 to low $300 around that time. Maybe 4-5 years ago  :D
If it was that price half a year ago, don't you think there would be more people here trying to sell?

I think it's impossible to happen this year as I can see many have adopt bitcoin as their currency.
For example :
Hotel ( bali ) , restaurant ( Netherland ) , workplace ( Philipines ) and many will come as bitcoin existence getting noticed more worldwide

I just checked in http://www.coindesk.com/price/ it's dropped to 177$ the January 2015 not 100$ and not 4-5 months ago , sorry  :D

I remember when they were pennies and we were over the moon at the high valuation. Bitcoin is a computer program and does not need your money. There is no price that bitcoin must be at to survive.

I`m sure it doesnt need our money. But we need the valuation based off of something which is our fiat - current system.

But that would mean all the VC money is waste, because they expect a return on something someday?

Oh yes it would be a mess if we dropped to say $50. Many mines would go bust, many VC funded projects would be dashed. But, there is no reason that the system would not work. Although some would lose confidence.

The price can only go to 0 euro of people lost faith in bitcoin. Which can happen if some new cutting edge technology comes and/or it will be banned to use bitcoin.

It would be needed a real planetary catastrophe to see that price again, and that is why I don't believe it is possible, my friend.

SNOT going to happen.  As long as there are gamblers, perverts, and computer geeks who need to transfer wealth to each other, bitcoin will survive.  I'm 99.9% sure of that. 

At one point I was pretty sure it was going to die, and there is a possibility it can drop back to 2009 levels.  Stranger things have happened in the world.  But I doubt it--it's gained way too much traction.

I'm sure it will not happen, bitcoin is a technology that is constantly evolving into a better direction, even bitcoin able to transform the economy of a country. I am not sure that the price will go back to 0$, that would be waiting for the gold price to 0$. The only happen if there is no internet in this world

anything can happen, we do not know whether bitcoin will continue to grow for decades to come. but I believe that bitcoin will last quite a long time for 10-20 years. so I never thought that we would return $0, even $100.

I know if there is good development of bitcoin, the price will continue to grow. We will not see $300 again.

Yeah that low value is not possible with bitcoin now, as it is stable now and it will continue to rise in future too, and halving will surely help us to see much better price.

The short term bottom is around $380. The price will not go down to $350 unless a flash crash happens.

Thats true,

The road seems to be heading in that direction, A $0 is unlikely on next decades.

$0 is simply impossible and if it does then it will be the end of bitcoin and no one will use it, but bitcoin is growing and we will see much better bitcoin in future.

well yeah the price is impossible to fall that much right now in my opinion and it will never fall to a zero because people will be interested in it all the time no matter what

i hope that the price is only going to grow a lot in the future right now, in my opinion it has a lot of potential right now of going up because people are getting more and more into bitcoin

I don't even think Bitcoin will go below $10 again since the price will be kept up by wealthy individuals creating pumps and dumps to make millions. That's how it will go when the price is low enough.

It can only happen if someone figures out a major error in the programming. Otherwise we can not even see the $300 back again, it will only rise.

Youre talking about I dont know how many people exactly, but thats a ton of people to lose faith overnight.

And to see this even happen, it would have to be some historic moment back like in 2012.

Do not worry that day will never come when bitcoin can get to zero level, price is rising and it will rise in future too and we will be seeing all time high in coming years.

I guess I doubt it. Since bitcoin is a decentralized currency, it have the possibility to devalue. What if government will have to pass a law to ban in using bitcoin. Even the price will continue to increase but you cannot able to use it anymore.

Wouldnt that be some mind blown thing if it reversed right before halving...

If that did happen, I would just be out of bitcoin completely and writing a helpful note to my self saying you never know what will happen next.

I don't think that will ever happen bitcoin will rise and it has great future ahead and the only thing we need is patience, and everything will be fine in future for sure.

I think as the users base of bitcoin increases,bitcoin price would go up and stabilize to some extent.It is not possible to go $0 because of demand but if it actually goes to $0,bitcoin would be dead and cannot recover from there

you're right, but I think it will not happen in the near future, and I am pretty sure bitcoin value could be $ 0 unless there is a coin that is better than bitcoin. but, there is currently no single sign of the coin

We will go not to that low value as you can see now you already see that the value keeps stable so that is not that bad for Bitcoin itself and the most think that it will rise soon.
Because they also see that the halving is coming and that would be nice for us.

I do not think that that can ever happen. It would be a normal thing if the Bitcoin price would go to $0. The Bitcoin community would panic and it would not be a good thing if it would happen.

Firstly; don't think that the day will come when bitcoin drop at $0.
Secondly; because you can see it bitcoin's price going up and up, so how can it possible?
in this time bitcoin is the first online popular currency, bitcoin will take up and down but  bitcoin will never come to $0.  

We cant go to that low as you can see now you see that the value is quite stable and that is not that bad everything is good if it is not reducing so that is nice.
But there are now many people that is waiting for a nice price increase and that will be good for the most people.

I would concur. Bitcoind would never drop at $0 anytime soon.
There's just a lot of investors who are now bitcoin-based.
The only reason I could think of that can make bitcoin drop to $0 is total annihilation as in everything, literally every last person and every piece of technology is wiped out in this world.

I would be shocked if this would happen because this is not supposed to happen at all. I would first check if it was legit and why the price is $0. It would be weird if it happens.

Bitcoin will keep a value greater than $1 for most likely the coming 20 to 30 years. There are way too many people that will keep holding and buying even when Bitcoin has totally "failed". It's the money making aspect that keeps people interested in buying and holding.

Don't get confused and worried mate, bitcoin won't go to such a least extent in any situations because now it is known only to few people. As days passes its demand increases and people start adopting it, as a result bitcoin grows and grows and never falls.

That is right. The demand will increase as more people are aware of the bitcoin. It will the future currency.

But that will be a long term process. I do not see much for the price to rise in the next two months, after halving, maybe.

I don't think that bitcoin will fall to $0 anytime as that is impossible, maximum low bitcoin can fall is around $300 nothing low then that in coming years.

I think even a floor as low as $300 is super unlikely, something like $400-$350 would be a more realistic floor for the value.

There is no way Bitcoin will hit $0/BTC anyways, unless everyone we know sells their coins and watches themselves lose value into oblivion. All the whales would have to bail and constantly devalue their coins, and even if it does hit $0 I'm fairly confident a lot of people would be buying anyways.

bitcoin will never touch 0 USD. it was just a dream and it is a joke that is not funny. bitcoin is great and will be great !!

Wake up, op must be dreaming that bitcoin will go down at 0$.but if that happens all of us who are interested into bitcoin will disappear for a long time.

I don't think bitcoin will ever be worthless. It'll be a hedge against inflation of the worthless fiat, rather.

The reason is that the bitcoin network will always be up. Unlike Liberty Reserve or Perfectmoney, they can always get arrested and all your funds will disappear. This is definitely not the case with BTC.

to hit zero again you have to go to a parallel universe where bitcoin is not yet invented and satoshi wants to introduce it today, then as soon as blockchain and bitcoin code is released you start mining or getting bitcoin for free (zero value).

I think Bitcoin cannot reach zero (not in the next decade anyway). I would rather not sell anything for 10 cents, not worth the trouble. If the entire stash of Bitcoin is available for 1k I would buy it even if the world considers it worthless. :D

haha, exactly. bitcoin will never become cheap. and even if it gets on the path of getting there, it will take decades to become worthless. because we are all waiting to sell our clothes to buy bitcoin dirt cheap!
and there is no reason to get on that path, bitcoin is growing everyday.

If the bitcoin is replaced by another currency completely, it will be worthless. But it can also evolve.

I think that the price of bitcoin someday bitcoin prices will drop dramatically. and if it happens it'll probably be caused by many factors. if someday bitcoin has a price of $ 0 it might be due to tightness undertaken by the government to arrest anyone who owns and transactions with bitcoin, it could make many people stop and even the potential to make bitcoin prices plummeted even be $ 0. but I do not think it will happen

That is like having your own bitcoin network. You can do this now by starting your own alt coin: the whole world considers it worthless and you have it all.

If the Bitcoin price was going to drop to $0 that would mean that it is going completely wrong. I would then just quit with Bitcoin because there is no reason for me to stay and keep using Bitcoin.

it will never happen, waiting for bitcoin be the same price of $ 0 wait state in which gold is no longer used. bitcoin will always have a high price, I believe it

Are you nuts?
BTC will never get to $0 it could get to $0.01 but never to $0 as that would mean that it worth less and this is not possible. That would mean that the blockchain has failed too which I can not see that happening.

Even some shit coins with dead dev have some value higher than 0$ so there is no chance for father of cryptocoin (bitcoin) to be valued as 0$.  8)

I do not believe that the price has ever been 0 Dollar, if that happened then something must have been wrong at that time. I am sure that this is not going to happen ever again with the Bitcoin price.

Even when everything goes wrong and Bitcoin seems to fail, then it still won't go below a few bucks. There are enough exchanges and people that will do everything to keep the market alive. Bitcoin has developed a strong name and brand. It won't go anywhere.

I do not think the bitcoin will fail. It will evolve and becomes better and better. If it does fail, the price will be zero.

If the development is very centralised and the developers do not listen to the advice from the community, it will fail.

Not even close to the predicition you guys have becasue how do you think the price of the bitcoin will go that low the price of the bitcoin wil drop sometimes.
But to just 0 dollar each will never happen i dont think you are here with right informations...

If it is worth $0 it just ends. Miners stop, users stop, the end.

if you put it that way, then yes, miners will not continue with mining. i very much doubt that bitcoin will ever go below $1 as it then will get supported by wealthy individuals that are looking to create plenty pumps and dumps to make profit. bitcoin will always have some sort of value. it will never go below the $1 mark.

Has it ever happened that the Bitcoin price was down at $0 because if you ask me it looks not even possible for the Bitcoin to be free.
If that has ever happened then something must have been wrong because that cannot just happen.

The main thing that can drive the bitcoin price down is a big bug found in the bitcoin and most of coins are stolen.

I am not sure if those bitcoin shills or the community members will propose a hard fork. I hope bitcoin will survive.

If it'd exist(a bug),it had already been found, rather if the network was exceeded,overcome, or obsolete, its might be more likely causes.

zzzzzzzzzzzzzzzzzzz

there is no for the possibility of it happening either fall to $ 0 or $ 200, in which every day people interest  to use bitcoin increases, so will always be there are people who will buy bitcoin on the exchange.

Its impossible dude like it is impossible to reach in $1M. And stop trolling like this eventhough its a joke it still hurts on my naked eye.

It's pretty impossible that the bitcoin's price drop down to 0$ , the worst case it will drop to about 250$ like some months ago, but even this is hard to happen because after the halving we expect the price will rise.

I don't think that's will happen , we predict that the Bitcoin price will going up and increase especially after the halving.

if it did there would be chaos haha. every day the its more likely fiat goes to 0 first :)

Anything could happen with bitcoin. In my view bitcoin has the potential to grow enormously. Even if you look at the path it travelled, in a very short time reached big height. So possibility to touch $0 very low.

I think the price of bitcoin will not go to zero again. I have both Ethereum and bitcoin, so I am pretty safe.

I also do not think it will happen, because bitcoin will always have a price, and the greatest likelihood is that the price of bitcoin will always grow. perhaps a price of $ 0 will happen when the internet is not used anymore, but I guess when it will arrive.

well even though i agree that it is impossible for the price to drop to 0 i think it is really possible to reach one million dollars per bitcoin especially if the people will be buying fast

Neither things will happen. Not a price of 0 dollar or 1 million per bitcon. Those prices are just too far from reality.
Reality check.. we are talking about a asset of 10B+ that is never to make this kind of jumps.

it could happen sure, but only a long way into the future: when the crypto is broken.

Anything could happen with bitcoin but I think bitcoin has miles and miles to go in future, it can step down but never as low as $0.

The price will go up eventually as long as more people are using it for daily transaction. It is the coin for the future.

It still far away
Still possible if human found new things that bitcoin doest have
But for now it nearly imposibble

price surely got slowly ups and downs or else it will stable same as past months happen when theirs no event approaching price at that time is stablized and that what i look what happen for now, Since the coins will back to normal and it will surely rotates to its regular transaction basis unlike those halving month that the coins are hodl and the business sectors are quitely out of the limelight.

If it will drop to $150, it would be a hard decision for us: buy or sell. You will say and already said as I have seen here that you would buy more Bitcoin. But what if the Bitcoin will then fall? There is the possibility of it failing. Just one second of energy shutting down worldwide would make everyone loose hope and trust in Bitcoin and every other currency in this world. I don't trust it completely, and this is the reason for which I don't buy Bitcoin and prefer to earn it.

After the Ethereum hard fork success, if there is big trouble with the bitcoin, it can learn from Ethreum and do a hard fork.

Put your chin up, if bitcoin drop (shut down) to $0 then what's the meaning of bitcoin? No trade, no nothing. There is no reason to sell at $0 lol, I think that it is not possible, bitcoin price can go lower but not so much as $0, what will earn miners besides the bitcoin which worth nothing?

Exactly bitcoin will never go to zero level in future and if it does then it will be an end  of bitcoin era and people who have kept their coins on hold will get bankrupt for sure.

The price going to 0 dollar would mean something really bad is going on. And no I don't expect such a thing.
Bitcoin is, at least for a couple of decades, here to flourish.

Do not think for it again, we do not want to happen like that, and it is impossible that the price now drop down as a lot of businesses have that coin for their businesses and they are a good support for bitcoin, so bitcoin will remain alive till the end of the world.

Not gonna happen. And if that gonna happen. Bitcoin is dead that time. Hahaha. It is very impossible to drop to 0.it has a very price as of now. Hahaha

If that does happen, although very small chance, people will buy some other coins, such as Ethereum.

I think these walls are already in place are they not, thought i remembered seeing huge buy orders at $1 last time i looked but I don't know if they expire at all.

no they do not exist. because nobody is stupid enough to pu his money on and exchange site because they can run away and pull a mtgox at any point. besides there is no point in putting a buy order at $1 and lets not forget that if you place an order at that price you can place a huge order of 500BTC with $500, 1000BTC at $0.5 and so on so it is not really a wall.

That is right. If you have big order within 10% of the current price, that can be called a wall. Otherwise, not a wall.

Bitcoin price will never go to zero. People will simply buy all the coins if they are going below $10. Even if for regular people there isn't a use for it anymore, the dark markets will always keep using it. They will most likely set up their own hardware to make it their currency.

If the bitcoin market price ever goes below $10 there will be many people who invests at that price point.

yeah, i think that the price will go up only right now and it is actually impossible that the price is going to go down lower than 10 dollars

For the price to go to 0 dollar a lot must happen.
And remember the whales won't let it happen so easily.

Bitmain f.e. holds millions of dollars worth of btc and mining gear. If the price would go to 0 then their company would be broken instantly.
So except for a dump to 200 dollar we should not expect it.

0$ any online cryptoccurency cant be because if some cryptocurrency is going down it will go to bankrupt and become scam cryptocurrency and many users will be dissapointed.I think that every country could have own new nathional cryptocurrency for shops,local online sites and banks if thwy star to use cryptocurrency.

Just if you go back in time, but this is the reality.
The best thing to do is to act now thinking about the future.

Apart from that, you will see that miners will have problems, many problems because they can't mine for profit anymore. That is the foundation of bitcoin which means something not good is happening. That's why I don't expect such a thing.

I can't see any scenario that could lead the bitcoin price to $0, even in the worst case. And the recent experience on the Ethereum and the DAO ecosystems where a serious problem was not enough to devaluate their price definitely could give us a signal that any problem could really beat the hegemony of bitcoin as the most valuable altcoin of the world.

Bitcoin, there is much discussion about alt-coins, as if many of these are actually legitimate. Many alt-coins are pre-mined, causing them to lose much of their legitimacy. If a coin has been pre-mined, it should automatically be crossed off your digital currency investment list.

if price bitcoin every one bitcoin only zero
The harbingers bitcoin had no interest
is no wanted to buy bitcoin, what its effects
no more mining bitcoin miner who could not walk her TX transaction because if the normal path took an active miner mining
What that means, it means complete finish, bitcoin is dead

No alt coin can be trusted at the moment to replace bitcoin and take it down to 0. If one eventually does come about then its certainly not anything on the current market. There are some good coins out their but just nothing that anyone should be trusting with large amounts of money. Bitcoin is the only one id ever be happy with serious investment so hopefully it never does drop down to 0.

bitcoin price down and dop until zero dollar is danger all about bitcoin altcoin and crypto coin
because bitcoin is central cryptco coin is mean fiat money equal US dollar,
you can same compare , what happen is US dollar is all pair money down until zero what happen another fiat money US dollar

it cant go to 0 as its backed by electricity people will have to sell it at least at the rate of electricity otherwise people wouldent mine it in the first place

Without any backup coin, the value of everyone's cryptocurrency portfolio is always in danger of going to zero.
Moreover, having at least one significantly valued altcoin actually increases value not only for bitcoin holders but even for the Bitcoin system itself.

If that will happen we are all dead but mostly those who sell all thier wealth just to invest in bitcoin,and an unexpected thing happened.

i do not think that bitcoin will go to $0 and i think any currency survive with his some value do not go to $0 and bitcoin is too strong than other currency and never going to $0 and bitcoin will be survive with specific value always .

no one will drive bitcoin price into its deepest price,even big whales cant do it. Bitcoin for them is profit without doing some work. And those believers will still believers even the price went down to 0$

Complete technical devastation would easily achieve it. If there was something insurmountable then people would run for the door. The market is thin enough for a death spiral to happen in a few hours.

If you have diversified your cryptocurrency investment and the bitcoin price reaches zero it would not affect you much.

i don't really thing that bitcoin's price could drop  that much to 0, if it would drop it would probably stop at 50$ or so because everyone would buy bitcoins then

Btc will not fall to that price,they will not allow bitcoin to die. Investors will prevent this to happen.
Cause bitcoin is there only hope to become rich.

you're right, perhaps as long as there are investors, bitcoin prices will never be this low. besides, many are using bitcoin as a means of transaction, so I guess as long as it's still happening, bitcoin prices will never go down to $ 0, although the price of bitcoin is always up and down, but I'm sure it will not make it worthless

of course the price cannot drop to 0, there will always be people who will use it and because of that the price is not going to fall or it is going to even grow soon

Never going to happen again in this century.

And if it happens, of course will be slow and full of flags that things are going to bad to worse, so lots of time and opportunities to abandon the ship.

Nothing is assured with bitcoin, so anything might happen when days move. Possibly with the potential it has got bitcoin won't go down to zero anytime. It might go after the calculated years of bitcoins survival.

It's backed by electricity, it's backed by people who need to eat, it's backed by hardware; there's a ton of things that back Bitcoin that ensures that it'll never go back to $0, unless everyone dumps Bitcoin and no-one cares about it anymore.

The lowest it may go from here is $10, assuming EVERYONE leaves it and the miners bail for the most part too.