Bitcoin Forum

so I got my first 40$ worth of bitcoin i noticed that the that the 40$ goes up and down. Im scared that it will go to 0$ is this possible?, Should i spend my bitcoin on a giftcard? any help please

Yes, there's a very small chance the exchange rate could drop to nothing.  In my humble opinion there's a much greater chance that it could rise considerably in the not too distant future.  Are you hungry or have other basic needs at this moment and no other way of fulfilling them?  If so then convert your Bitcoin into that need.

Its impossible that the price will down to $0 maybe in few percentage will decrease the value of bitcoin but right now i notice that the price of bitcoin is going to increase back and i think there are just few people are selling their bitcoin due to the news they heard about ETF rejection..

It's like owning a share of stock - the value can go up or down. A company can go bankrupt, its shares can then become worthless. If bitcoin fails to compete well with fiat or other altcoins it could likewise become worthless. (By contrast, something like gold is probably not going to become worthless even though its value fluctuates constantly like bitcoin).

Mr. Rabahy's advice is good: if you need to put food on the table, by all means sell your BTC. If not, do some research and see if you can find a better alternative. Hint: In essence you can speak of the value of dollars/euro/yen/etc fluctuating relative to bitcoin, instead of the other way around. They also can become worthless in the future, as historical examples of fiat currencies prove. So consider that before selling any bitcoin just so you can have more fiat.

Actually it can be happen but for right now your bitcoin worth of $40 will not be 0$ because many corporations, Banks and other had adopted bitcoin and also right now the bitcoin is waiting approval from SEC desicion, if it be approved your bitcoin will goes to the moon and don't spend your bitcoin on gift cards at least all of them.

If BTC goes down to $0 then not only will your BTC be worth $0, but so will everybody else's.
The value of BTC that you have is subject to fluctuations.
Say 1 BTC = $1000, then if you have 0.1 BTC, your BTC value will be $100.
Should the price of BTC fall, then the value of your holdings will also fall.
So, in the example above, if BTC falls to $500/1 BTC, your 0.1 BTC savings will have fallen from being valued at $100 to $50.

Bitcoin is still relatively new and as a result its price is subject to a lot of fluctuation. You should look st it as an investment. As with all investments, only invest what you can afford to lose. That way if your investments do depreciate, the loss won't be as significant to you.

sure it can:

Bitcoin will be worth 0 if we have big ass war and internet is down or none existent

Bitcoin will be worth 0 or back to 40-50 USD if most of the western world make  handling bitcoin illegal

Bitcoin will be worth 0 or close to it if miners do not support it and it is open for attacks

Is like any investment you need to understand the risks and  keep your eyes open

What you are witnessing is normal in this crypro-world you are in as the price might be erratic sometimes due to factors that are beyond some explanations you can get. But on a hard note, the price can't fall to nothing and you should also know that by coming in here now, you should be aware if the risk involved as the price can swing both ways but with time you will make some money...

There are way bigger chances of bitcoin hitting 1 million USD per coin than 0 USD per coin, because me and a lot of other people will be willing to buy all of your BTC if it goes below a certain price.

It is all about the long term and bitcoin is the best asset on the planet right now, therefore me and everyone that knows this fact will keep buying at any given opportunity.

Bitcoin started right from nothing and has grown all the way to over $1000 per coin.  Its community is strong and the chances of it dropping to nothing is extremely low especially since it's naturally designed to be a deflationary currency anyway.  Trust me, it's safe.  If it drops below ~$800 per coin, I would take that as an opportunity to buy more, because it's been going up and down for a long time.  Don't be worried.

Alright, what if instead of 0 USD per coin , we say something like 1 USD per coin. Money will eventually dry out if no new buyers come into the market

There will always be new buyers that come into market since bitcoin is used not only as investment but as a way to pay someone for services and goods bought online. As long as there's someone who accepts bitcoin as payment method for example online games accepting bitcoin as payment for premium items bitcoin will be worth something and it will rise soon enough. There are many others who might buy bitcoin if it had gone down to 1$.

How much Bitcoin do you have?  Perhaps I can make you a deal that at anytime I will buy it from you for 0.01$ per BTC.  Then you never have to worry about it being 0$

Bitcoin will lose its value if something happen like war same thing will happen to your  0.01$ too so if you take that deal above which I think could be the best deal you could ever get in your entire life, its never going to have any changes to your life still. Keep that BTC of yours or cash it out to stash yourself some canned goods to prepare for the war  ;D

You may still have the change to cash it out weeks later becuase bitcoin after all don't drop its value all of a sudden to zero so relax.

of course it is possible, and if you don't have the balls to lose as small amount as 40 dollars then maybe you shouldn't be investing in bitcoins at all and should just use it for purchasing stuff? I am holding because I believe in bitcoins and I am sure that the price of the bitcoin is going to grow in a longer term, even if the price went back to 500 dollars I would be holding and if you want to be a good investor and earn money then you should be holding as well.

Will this be the last day the earth exist?
Will this be the last day that banks exist?
Will this be the last day that shops accept fiat money or BTC ?
Will internet stop existing tomorrow?

Awnser : no

Enjoy moon.

It cant because bitcoin is too important to many users in worold and they will do everything to make bitcoin best cryptocurrency in the world but some laws can destroy bitcoin and make us really unhappy.

Yes, now there is, but we can't be sure of the future. BTC might stop being used slowly and replaced with something new and better

Yes there is a chance for it but i can said the chance of it is pretty small because in my eyes after bitcoin price take over gold price it's a big news for us and will make people they not know or believe will bitcoin to be interested to invest their money on bitcoin.

Your amount will never go to $0, but there is a chance for your amount will be less in the future if the price of bitcoin will get a lot of the dump caused by the delay or ignore by us securities. There is no chance for your amount got to $0 in the future. Don't take it for seriously dude.

Dont be worried about this matter because you are not the only one who is experiencing this but most bitcoin users and becoming $0 is not possible as of this days because if that happens then all bitcoin holders would become zero in value too.Fluctuating and inflating price is normal for bitcoin.

In case of some extreme global misfortune affecting both internet and bitcoin network we could see radical price drop.
Bitcoin is not backed by any authority, country or institution, there is no central bank being BTC which will lower/raise interest rates to help BTC.
At this point it is rather possible that bitcoin will reach $10k before year 2020 than hit bottom and will be worthless.

Yes it is very possible if there are several factors that make bitcoin prices fall and have no value, anything can happen on the fluctuations. But to see the condition of bitcoin is now constantly evolving (it can even compete with gold), the potential is very little happening. Moreover, a few days ago bitcoin prices had dropped, but now will be restored. I believe bitcoin prices will continue to improve and will last a long time, do not be scared if the price goes to $ 0 because that will not happen.

While it's theoretically possible for the price of Bitcoin to equal zero, there's a far greater chance of it increasing tenfold.

Just be patient. Don't ever sell unless you absolutely must.

you need to buy at least 10X that amount before you start asking these types of questions.

when it come to bitcoin, buy now ask questions later, is best.

zero is nearly impossible already, even in the case of a bug or an exploit or anything else, we can just hard fork if needed and maitain the value, investors will not dump way below their entry price, no oen in his right mind would do this


it's backed by demand it self, which is the strongest autorithy, in these catastrophic event you wuld worry about your bank which will be insolved at a higher % than bitcoin

i saw banks going bankrupt and customers lose all their money like nothing, any banks currently it's not more secure than bitcoin

Well for now, there's a very little possibility for it to happen. Based from how popular bitcoin is and it's current price, there will be a lot of people that wont let it happen by buying more and more bitcoins. I think you're really new here, please just don't let your emotions affect your decision. Just hold it for now.

Don't be too afraid. It is normal that bitcoin price will go up and down. But I doubt bitcoin will lose its value in the near future, so your 40$ is still safe. It may even grow in a few months. But if you are truly in fear, then cash out your bitcoin. There is no point living in fear because of 40$ Bitcoin.

There is nothing impossible to happen afterall, before the price starts rising to what we have today, it has been at the low ebb at a particular period of time. However, from recent events its seems difficult for it to fall to nothing the worst that would happen is for you to make some loss as a result of market changes to the extent you can take before selling and I am sure that is part of the risk you must have been prepared to take before coming into bitcoin.

Back in 2012 about if i recall good i entered bitcoin, prices of course was different... at that time the risk was much bigger.
you will find nobody that can guarantee you your investment... theoretically there is not this fear to drop to nothing, practically there are ways that bitcoin can worth 0 but as other members wrote is something not easy to happen, and did not happened all those years... Everyday more and more people enter the bitcoin land. what you can do to be safe if you bought for investment is to see how you can take it out of exchange, and my proposal is that if you can and have money that you not need to buy some more. 

Bitcoin will not fall to nothing because too many companies like banks,firms,organisations,politicians,the top richest people in the world,the biggest countries in the world and many other are involved in bitcoin and they dont want bitcoin to lose own value so much.So bitcoin is now more popular then dollar,euro,rub,and many other fiat currency but also more popullar then other altcoins like dash,dogecoin,etherum,monero,zec,burst what means that is not really easy just to destroy bitcoin price what some pupil think.

It will just be lesser than $40 but not a 0.
It could even go way higher than that. You might want to add more to feel the profit in it.
If you doubt it too much you might make wrong decisions into selling it early or just spending it for gift cards which will most likely make you regret after another wave up comes.
Be wise in making decisions if I were you.

So you are worried of $40 worth of BTC?have you thought of people who own thousands of BTC? :D
Bitcoin is meant to be held. Just forgot about your coins and in a couple years this $40 could be worth $400.
Still, 0.016 BTC it is not exactly amount you need to worry about. Just hold it forever.

The only way that could make btc drop to 0 would be a technical mistake inside.
Something that would make btc completely unusable.
Unless that it won't drop to 0. It can loses a lot value but can't drop completely.

Considering the current valuation hope you are holding 0.02 btc and the possibility of the coin reaching zero is impossible at this moment,since this is a high volatile market you could see the price swinging in both directions and with the speculation that the price would go up further in coming years suggest that your coins are safe .

Price swings is the common factor with bitcoin as well the other digital currencies. Never and ever the value of bitcoin goes nothing considering the ongoing price increase. The early adopters could have never expected such a big growth, but the trust has paid them. Same is required everytime with every user.

The fluctuations in the price of bitcoin can occur several times a day. The price is constantly changing then up and down. For cryptocurrency, this is normal. This is the risk. If you buy at a high price and then sell at a low price, you will lose money

This. Its theoretically possible, but the likelihood of it, is impossible. Bitcoin price is going strong and there is no way to go down to 0. But the chance of it increasing in the near future is likely. So just hold on your bitcoin, and if you can buy in small portion only and observed in the next coming months what value gives your investment to bitcoin.

Bitcoin is, in fact, one of the few assets where every single user can contribute that its value is NOT dropping to zero.

Simply accept it as a medium of exchange for your work or your private trades - everybody sometimes sells things (like used furniture etc.). If many people follow your example, the network of BTC acceptance will grow and the possibility it drops to zero will drop to zero, too (at least it will tend against zero ;) ). Everybody who is accepting BTC for real goods & services can be seen as a "backer" of the Bitcoin value (see this proposal (https://bitcointalk.org/index.php?topic=1926913.msg19121816#msg19121816) for an attempt to "systematize" this concept).

I believe there is a very small possibility that bitcoin will become worthless but considering d500 reply, I do agree that every user  can contribute so that bitcoin value will not drop to zero.  And with the current trend, it is more likely that bitcoin will even increase in value in the next days due to the hype and new funds coming in when Australia officially accepted Bitcoin as money.

I do not want to spam because this thread is already very old, but it made me curious about how much negativity there is about bitcoin

why so many people are so pessimistic...

If you read my post, have you seen the current bitcoin price?

Lol, I have thought about this too but not to this extreme. . I think the chance of this happening is little maybe 2%. Most likely will happen to most Altcoin than Bitcoin.

What You thinking about September 2017 exchange rate?

Definitely, you haven't thought about or bothered to research on what Bitcoin is and how it works underneath it, you shouldn't just look at the price then you are probably concerned more about it rather how popular it is. It won't definitely be worth zero, but there would be turmoils with the prices, it's never constant because there are buyers and sellers who want's different prices, etc.

There is the possibility of that happening? Yes, is it likely? No, and this is why while the price of bitcoin can go down very rapidly, at some point the price is going to be so cheap that some people will being to buy bitcoin because they see an opportunity, so as long as bitcoin is useful then bitcoin price is going to be above zero, but I will give you an advice, don’t buy more bitcoin until you have read more about bitcoin and what this is about.

Definitely not. Maybe theres a chance of going down but it won't going back to zero. That's for sure because of the growing community and demand of btc in the market. Many people are using bitcoin now and we are still escalating. So don't be afraid and give your full trust in btc.

the concerns will occur if the price of bitcoin bitcoin has decreased drastically then most users bitcoin will become meaningless because the price of befluktasi and menompang back to normal for bitcoin will become the holder of the bitcoin excited again,, I am sure it will not happen in the bitcoin is always ascending

I will go on record to say nope, not a chance in hell that it will ever go to zero. Unless maybe the world blows up.

Bitcoin has about the same probably now to go to $0 as BRK/A stock does. Or Gold going to $0.

Zilch. Zero. Nada. Ain't gonna happen.

As quoted the price fluctuations will be found throughout, but going down towards a valueless asset doesn't happen anymore. Because these days the potential of bitcoin is understood by the users and more has been into active usage because of the government's showing interest on it. A government won't give importance to something if it doesn't have the potential, so value decrease is possible, but valueless is impossible.

Bitcoin won't drop to nothing as the support for digital currency is increasing daily without much oppositions, because several countries have survived good just because of the bitcoin during hard financial failure. One such is the past demonetization in India which paved path for large number of people start using bitcoin.

Of course, it can. In cases of catastrophic failure such as SHA 256 broken.

The chances of Bitcoin dropping to $0 is very unlikely at this point. If all you have invested is $40 then I wouldn't worry so much about losing it. You could just hodl and forget about it for about 10 years and you will probably have a big profit.

In fact, since you original post, your $40 has probably doubled if you have left it there. That's not a bad gain for less than a 3 month investment.

Seeing the ups and downs in bitcoin's price is a normal thing and nothing is to be afraid of. However, there is a possibility about bitcoin biting the dust. Bitcoin is unstable and very uncertain so anything can happen in just a blink of an eye. Most of the people here in the forum thinks that bitcoin will continue to go up, even though there are downs, the main track of bitcoin is still upward so just enjoy a bumpy ride.  ;)

For now in bitcoin we are seeing less crash that price increase. we are seen price drop past few weeks ago but right now the price was increase back again and touch nearly $3k value..
And i think the price is normally increase and i think we will see more price increase soon..

It is not a good sign that you don't know this.  :D
Any investment you make of anything starts with the understanding that this is a risk and you should be prepared to lose ALL THE MONEY. Never trade while fearful or hopeful. Fear and hope have no place in mathematics and lead to incorrect decisions.  
Having said that, bitcoin will not go to zero. Hell, I would pay a penny for every coin in existence, so there. But let's talk about what you are doing. Bitcoin was never envisioned as an "investment". You can speculate with it, but that is not what it is. Bitcoin is money. That's all, nothing more.

A risk averse way to live off bitcoin is to buy say $500 worth and spend it when the price doubles. Then repeat the process. You will be living at a 50% discount on the items you buy. Whatever your plan, have a plan. Forget what others are doing, don't read the click-bait nonsense on the crypto news sites. Work your plan.

You are correct on all your points, however even if bitcoin was created as money and it was never the intention of satoshi to create an investment, the truth is that currencies have been used for that purpose for quite some time, and that has to do with the fact that the currencies of the world became fiat, they have value just because the governments of the world says they do.

LOL
try to open a shop in EU (within Euro area) and accept only crypto currencies.

My advice to you is that you must know few rules and regulation of bitcoin,i am gonna tell something that might help you,so listen up bitcoin is not exactly like all other currencies ,its price keeps varying literally everyday so don't hurry in exchanging your earnings for a giftcard so soon and keep saving what ever you earn in bitcoin ,because it would benefit you in a long run .Its not compulsion that you must save or something but it depends upon you.

If you are going to answer to a post, at least make your response have something to do with what I’m talking about, I never suggested anything about opening a shop in EU, my point is that fiat, which means decree or an order, has value because the governments of the world say so, this was not always the case, If the currencies were backed with something, for example gold, then there will not be a way to speculate with them since their value will be determined in grams or ounces of gold.

 primary objective of maintaining price stability (https://www.ecb.europa.eu/ecb/tasks/forex/html/index.en.html)

 - BTC have no such mechanism as € have

From the question itself,it could be guessed that you are a new comer to bitcoin world.Bitcoin price is determined solely based on the increase and decrease in demand for bitcoin.Since bitcoin is decentralized,there is no central authority to determine bitcoin price.We could see more countries coming forward to accept bitcoin as payment legally and mass adoption is taking place all over the world.So there is an ever growing increase in demand for bitcoin.So there is more probability that bitcoin price would increase continuously and hence nonneed to fear that bitcoin price would become zero.

Honestly at this point, only the worst case scenario of a major security loophole or problem can bring the value of BTCBTCBTC close to nothing. We've got lots of speculators that would gladly buy BTCBTCBTCs so the price can't go much down without that.

No there is a higher likelihood you sell it at a price that has a value than zero if you even pay the slightest attention to what your coins are doing.
Anyways since it's only $40 you may as well just HODL if that makes you nervous or get that gift card.

In theory yes, it can happen.
The price of Bitcoin can become zero upon certain factors, mostly the internet cut off from our lives totally or major governments ban and adopt for severe consequences in using it.

But the history of bitcoin says something else. Internet being cut off all across the globe in something next to impossible and governments are rethinking their stands on bitcoins - so very little chance of it being dropped to absolute zero.

Who cares for your $40 or even $400 bucks if Bitcoin lose it's value mate? there are billions of dollars invested on Bitcoin and some people have

Very much bigger concerns than yours, I for one will buy any amount of coins there is in the market with the minimum price of $1000 even all the

Bitcoins, how? simply after buying a few coins I immediately convert them into altcoins and then sell those altcoins for fiat in order to inject that fiat

Back into Bitcoin again, I'd be relentless doing this mate and I'm just one person with not so much of buy power, now imagine how many big investors

Are out there willing to do the same thing with much higher prices than my stupid $1000.

Theirs no way bitcoin would drop to 0$ nor undervalued since at the first place many people dropping and investing their money from this coin, And also huge adoption is getting more larger aswell as Bitcoin market cap is over billion of dollars right now so theirs no way bitcoins price will vanish at this point, Bitcoin is strong and settled crypto currency so don't be afraid for its down flactuation since its normally happen mate.

Lol it's highly unlikely that $40 worth of bitcoin will go to $0 due to the exchange rates. What I suggest is you keep that $40 or whatever it is now (likely double or more as you posted in March) & add to it in amounts that you can afford.

There is no sign of bitcoin getting worthless at present. Rather it is completely opposite. More people and countries are getting into it and expanding our bitcoin community. You should stay tension free. There are more chances of you doubling your money rather than having $0. I advise you to invest more money that you can afford and sit back and relax. Enjoy your money growth.

It's an older thread, but you are spot on here. In general, people worry about their coins worth a few hundred bucks to lose value, while there are people with hundreds of thousands worth of coins, and they don't whine at all. Just now, the price took a step back worthy of 10% - if I only look at the coins I have for trading purposes (that happen to be on-exchange now), then in a matter of just an hour, the coins decreased around $4000 in value. Do you see me whining? Nope. It's all part of the market. People must understand that you don't lose anything as long as you aren't selling.

Here are about -15%

https://s.tradingview.com/x/wqdLmPGT/

Very doubtful. Bitcoin has too much support. The technology itself would have to fail for it to go to 0 at this point, and if the tech were going to fail it would have happened already.

It is possible that your bitcoin could have a lower value like $39 to $30 but it will never go to zero as long as it has a value on the market and it will only go to zero value once it is totally dumped or dead which is also very impossible to happen . Don't worry if it is sometimes going down it is only indicating that the price is still moving and it is much possible that your bitcoin would have much greater value if you are going to keep it on your wallet for longer time .

Totally agree. Besides, we bitcoin folk don't make rules for each other. It's your money to use the way you see fit.

Yes I do agree with you on that, not unless if you did averaging and if the bitcoin drops you buy some also on its lowest price. Like everytime it drops low you have to buy them let's say the same amount you bought your first bitcoin with. But if that's the only money you have then yeah I suggest for you to convert them instead.

Yes it could drop to zero, look at Zimbabwe and Venezuela for examples of what can happen to any currency. Surely you can afford to lose $40 if that happened, otherwise it is better you buy that gift card now.

I do not think that bitcoin price will dump to the amount we saw before last halving. Nowadays many altcoins value also turned to 100$ and more. So there no possiblities to see the view which said op title. Not only now every time bitcoin value is good to hold the bitcoin at anytime because it will move to up only in future.

See as i was saying the price keeps failing after reaching 3000$ is because of investors like these. They are not aware how bitcoin works and when a short fluctuation occurs they feel the price is going to drop to 0$ so they further dump the price. Now ik 40$ won't make much of a difference but I'm pretty sure there are huge investors who have this mentality

Anything could happen, but as one of the user described bitcoin has grown from the bottom and now reached high with the support from the big cryto community. This once again going valueless is not gonna happen anymore as the people coming into bitcoin has increased rather than leaving for some sort of reasons.

Anything can happen but as of now bitcoin is accelerating it may be the future of one's lives! Just think of a good way instead of that. It's kinda giving people to fear investing there money in bitcoin. How will bitcoin accelerating in that phase? Just relax if it's going to happen, it will happen.

No it can't. Bitcoin has it's ways to increase or drops off money but it won't happen that it will give you a zero. There are mamy investors who take part in bitcoin usually for fast transaction of money especially those who have big companies. Even if bitcoin has small value temporarily, it will rise soon because it's the flow of the money as well as the economic rate and that matters of everything. Therefore,bitcoin can't be drop to nothing.

You have a point there but let me highlight something. To some cases for those people who use atm cards since it has been popular to many but some regret it due to overspending and the worse left you nothing. Some atm cards might be not that secured unless you have a passbook with it. Crucial thing happens already to some asian countries that their savings has cut into halves for a sudden case without even knowing why it happened. So I personally believe that it won't drop to nothing. If you have given trust to the banks why not make it a try bitcoins as well.

By looking at the properties and advantages of bitcoin, it seems unlikely bitcoin becomes nothing. Bitcoin a limited digital currency designed to be more useful and useful than money.

Its theoretically possible for bitcoin to drop really far down but given the momentum its got I doubt it. Also it will never go completely to 0 as all you would need is 1 person in the entire world willing to buy it off you for it to have a non 0 value.

Yes, and i'll buy it all  ;D

yes right the bitcoin price will not going to dump to zero because bitcoin is trustful currency and day by day bitcoin will going to establish and many investors are increased and holding bitcoin is the best way so hold your bitcoin for good future because in future the price of bitcoin wiil be very high.

Bitcoin was amazing and new invention 8 years ago, but a lot happened. Nowadays everyone can create an altcoin with better properties than bitcoin.
We have many coins which are technically superior that bitcoin, have lower confirmation times, offers more tx per second and higher privacy & anonymity.
Technical properties is not what makes bitcoin unique anymore it is rather good initial distribution of tokens.

What's with all these threads about Bitcoin possibly becoming worthless? I realize this thread's from March but someone else started a new one today.

Yesterday's dip was just a normal correction, not the end of Bitcoin. It dipped to a level that many experienced Bitcoiners had called as being the new bottom. No big deal.

Ever heard of a honey badger?

It is standard, every dip, price correction, mild crash caused by FUD or tweet of some 'celebrity' will suddenly bitcoin useless in the eyes of common folk.
Bitcoin is not backed by any centralized authority - there won't be official press conference to assure investors that everything will be fine.
People will always scared that someday, somehow bitcoin will be banned and outlawed or there will be some catastrophic event to ruin it all.

The only way is to disregard all FUD.

This. Its theoretically possible, but the likelihood of it, is impossible. Bitcoin price is going strong and there is no way to go down to 0. But the chance of it increasing in the near future is likely. So just hold on your bitcoin, and if you can buy in small portion only and observed in the next coming months what value gives your investment to bitcoin.
   

$25 is OK  ;D

As a newbie, it is not bad to be afraid about the volatility of Bitcoin. As time goes by, you will be used to it because you will see the ups and downs several times within a day. As to what you're asking, it is possible that bitcoin will drop to nothing but it has a very small probability of that happening so just relax mate. Have faith in Bitcoin going upward, all is well.  ;)

I think Bitcoin community had been established and there are many speculators that can push the price of bitcoin every now and then.  So I do not think that bitcoin price will drop to nothing.  There are major company that are investing in this cryptocurrency so they will not allow their investment to drop to nothing.

New Crypto-currency coins are now growing like mushrooms after the rain. Today we are observing that even the state is starting to create its own crypto currency. Therefore, the crypto currency will always live, but the point is which coin will survive further.

Nothing is impossible, anything can happen in this world. As well as bitcoin prices. However, about technology bitcoin systems it seems unlikely to happen. Bitcoin using internet technology, meaning that as long as there's internet then bitcoin still used and have price.

Bitcoin will not fall much less until it becomes zero, very large capitalization signifies the level confidence of people on bitcoin is very high . Bitcoin has been spread and owned by many people. Maybe price will go down, but not until becomes nothing.

Yeah, bitcoin price falling down is quite common and this won't fall low to zero as stated. Right now this has been one amongst the currency that has got the legalized usage in few countries and keep counting. The same competence will cause a big increase than a down fall.

Bitcoin prices like today, i believe is'nt Bubble Effect. Increase or fall bitcoin price pure of supply and demand factor. Because its seen from characteristics of bitcoin, worthy of investment choice.

With bitcoin as well other digital currencies nothing is assured. So it's good to to buy and they have even crossed the time lag with the price movement. Dropping to nothing could happen when the entire world gets destroyed due to some force.

Why just digital currencies ? If you look into our real life, nothing is assured.

But with the respect to bitcoins, we can be sure about its strong encryption algorithms and its core concept of having decentralised financial systems are having huge potential to be welcome by all the people of this world hence we can have faith with bitcoin ecosystem always to have bright future. Like you have mentioned, bitcoin may drop to zero only when something unexpected like atomic war/arrival of aliens do happen.

Maybe it's true so bitcoin who really value prices go down much of the market make many people become disappointed in the price values so that the users of the bitcoin confused will drop the prices but I believe is just temporary till who are willing to buy your bitcoin as prices come down and it's very losers once

What is Your Strategy?

There are some strategies especially to big investors like selling all their coins, and when some people being conscious on what the big fishes are doing, they will be doing what the big fish do, but the thing is, these small fishes are being baited so the big fishes can eat them. With these scenario, even the price go down, it will always sky rocket up, that is how digital currency roll, so there is no need to panic.

No way for now. With the current total market cap of bitcoin, it's billion dollars and I don't think we will see bitcoin's worth back to $0. Even there are still doubtful with bitcoin's growth I would say that this is still good to be considered as strong market.

Panic stems from the fact that no one likes to see their money going down ,you could see big dumps in price and the volatility is crazy,i am expecting some form of crazy dumping in the coming weeks because of the uncertainty that remains in the name of scaling and it might pick the momentum later.

I am also expecting the same dump and if my guess is not wrong very soon we can see nearly $1500 btc price as btc is not able to breach $3000 price and everytime their is price rise their comes dump like some one is selling on each rise of bitcoins

I also noticed that as soon as the price of bitcoin becomes very high, then immediately there should be a collapse. Maybe this is due to the fact that everyone is trying to sell coins at a high price. And this provokes a collapse

I think its hardly impossible to happen since bitcoin has got very big investor base all over the world and its being legalized in more countries nowadays.More over,mass adoption is taking place in many countries like south korea and india too expected to join that list.So,no need to worry about bitcoin.It has a great future.

Nothing is impossible, but the chance for Bitcoin to drop to nothing is really really small so that we don't need to worry about that.

Of course there is a risk that once bitcoin may depreciate, but now it is only developing and very much in demand. I think this will not happen in the next 5 years.

I can bet it wouldn't become zero. There may be a decrease in its popularity but that doesn't make it zero. Just hold on don't get panic, you will get good returns on your Bitcoins  :) :)

This is the safest strategy. I also save some of my savings for the future. I plan not to spend my coins for several years. I think that this will bring me a big profit

Im sure that the prise wont hit 0 $. Yeah there will be a decreasing but i heard there will be a hude increase so you should keep it and wait till you get to the prise you want

Correct, bitcoin is the stock which changes world economy system. There is huge adoption and implementing blockchain technology for the security concerns. As btc have these much needs for the future technology. It's costs will be remain same or move up. I hope bitcoin will be teach to 4000$ before this year ends.

I see nothing that can bring the market value of Bitcoin to  $0 it is not possible. Rather the value will of Bitcoin will continue to increase, even if the worst happen on 1st August meeting it can not and will not bring the market value of Bitcoin to the level of loosing it's value down to  $0. God forbid!

It seems very difficult if bitcoin doesnt become nothing. Number of countries legalize bitcoin is one proof that bitcoin has exchange rate against currency. Bitcoin will continue to invite many investors.

i am agree, people don't want bitcoin drop to nothing and i am sure that bitcoin price will be increase more but of course there will be a correction price before to go up. just make sure to sell when you think you make profit and then if you see the price is down, you can buy again and hold for a while.

Yes we should always trust bitcoin. Yeah anything can really happen and we're not in control of it. But let's hope for the best.
Trusting that over time it have fluctuations but it can rise again and grow. Just keep calm and trust bitcoin.  ;)

No, that is not possible, bitcoin has become commonplace in some countries, it has become the only acceptable currency that is allowed to circulate in a country's monetary system.

No, there is absolutely no chance, you can sleep safely !

If you don't have to spend that amount of Bitcoin then just hold it. You don't need to be worry of being devalued because Bitcoin is still used by everyone so it can not be devalued in this time and very far future.

For this to happen bitcoin should become worthless but this will not happen so you don't have the reason for such worries. Your worries also reflect lack of knowledge about bitcoins so get some more information, you can start with this forum. Keep holding your coins and try to get more because in the future the value will increase and you will see that you have made the good decision for your investment.

Really? The only acceptable currency  to circulate in a country's monetary system? Fiat is a currency, what we are using everyday is also a currency so you can't say it like that. Bitcoin is a digital currency, so maybe what you are saying is it is the only digital currency accepted in a country.

Its adoption and legalazation can tell on what would be the bitcoins came in future and since the adoption of each country are getting more stronger then its pretty impossible that bitcoins will go to 0 at value since im so sure that there would be a whales that will lift it up so that the price would retain back. And if we can see downfall we doesn't need to get panic since its the normal movement of this coin and nothing serious problem attach on it.

Its impossible to happen and bitcoin wont dropped again on $0 value even though its volatile. If that thing would happen not only you would suffer but all bitcoin users specially who invest millions of dollars on it. So there nothing to worry and im glad that you did enter on bitcoin world and that moving up and down on price is just really a normal thing on here.

Just take a look at the current market cap of bitcoins, it's $40 billion and is highest in the cryptocurrency market, and this can't vanish into $0. So relax, everything will be fine and you have invested in right venture.

"Very far future" :D. You are really correct to use this word, we not know after SegWit2x can helps Bitcoin and crypto market can recovery or not, maybe as 2013-2014 the price will continue falldown and the bubble growth of cryptocurrency in 2017 will end in that time :) 

Whatever the time is and I think that nothing is perfect, 10 years ago nobody had ever guessed a bitcoin like this, but nobody make sure 10 more years again bitcoin could survive or will disappear.

Some 3-4 months back, I never thought that such a possibility may arise. But now it is a real possibility, although the chances are extremely low. Jihan Wu is the biggest threat to Bitcoin right now. If things go in his way, then he can demolish Bitcoin.

In my opinion in the virtual currency field everything are volatile , I means to say that  the price may be rise to 1000% ( usual.for many coins )  and also many times the price get down and became stable for long run .
And few coins sometimes get down very low , and no one bought at 1 Satoshi rate , so Many types of the coins are available to buy that can get St very low value or 1 Satishi which is totally useless .
But Bitcoin is only the one which has really a big stability and there is no chance to get down because Daily daily news persons entering in this field with the use of the Bitcoin and about 80% of altcoins trading are possible only due to btc .
So here you don't need to get dear to loss , here you need to 2nd week of August , and then you will find that the value of the Bitcoin going increasing .

For today for Bitcoin and other crypto currency that I have, I paid with my time and work. Oral money I did not spend on them and did not invest anything. You can say that it will be a little easy for me to lose, but I would not like that. I'm sure that even after a huge attempt, we will still see a good and stable growth of all the Crypto-currency and not just Bitcoin.

I think that everybody, besides those who desperate needs money, should hold their coins, because of the prognosis of the future growth is positive. Bitcoin experts are saying that the price will reach 4000-5000$ during the year after Segwit and adoption by big companies and legalization in several developed countries.

I'm not familiar with him, what kind of influence does he have? How can he be such a threat to bitcoin?
I've found some yt video about him talking about segwit, asicboost and a few more things.

Jihan Wu is one of the biggest name in the crypto world. If we discussed here about him maybe we are going to be out of the main point of the thread. Also it's more interesting if you do some readings on some of the websites/articles about there about him.

Hit that Google search and you can find lots of information about him and some of the main issues you might be interested of.

Yes as long as many will use bitcoin it will not get devalued. Better think many times before you spend it into some not so important things or you just regret it afterwards.

I am sure that bitcoin wont disappear just like that,because the technology behind that is solid but we need to have upgrades accordingly to keep up with the technology and if these things are done in a proper time then there is no going back and no other coin could overcome bitcoin in my opinion.

What you said is correct the technology behind Bitcoin is very strong and that is why lot of other coins are using the same technology and developing other project.

That's right when someone is successful and improving all you have to do is copy their styles and apply it to yours if you want to be a successful person. This is what other altcoin users is doing they just copy what is already improving. That's why you don't have to worry about of your bitcoin to drop to nothing because it's way too far to happen since too many users is supporting and using bitcoins.

The fluctuation price is not gonna drop back to zero unlike before because there's a lot of miners of bitcoins. The difference is not that too far since we are progressing over time.

He used the wrong words, his language is not exactly correct, so you misunderstood him. I think he is talking about bitcoin as a single virtual currency accepted.

No, do not worry about that, if you invest in bitcoin, you do not need to worry if its worth it, because its potential will help it thrive in the future.

It is nearly impossible to see your bitcoin's price to drop nothing.
There would be lot of people waiting to buy cheap, you can even include me in that list. That would make price go up again.

It is possible. But what will happen if Bitcoin becomes worthless? What will happen to all these exchanges and crypto-markets? Will some other crypto-currency replace BTC? I doubt that, because alts such as Ethereum and Ripple are also heavily dependent on BTC.

Bitcoin will never become worthless as its growing now and we will see much powerful bitcoins in near future when more investors will start investing their money in it and it can only become worthless if internet disappears in future which is unlikely to happen.

In today's condition where mass adoption of bitcoin is taking place and bitcoin is being legalized in some countries and some countries ready to legalize it,i think its highly impossible for bitcoin price to reach zero.It would only happen when there is no one ready to buy bitcoins.But today we could see that demand for bitcoin is growing.