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Author Topic: Is Bitcoin Going To Zero?  (Read 24743 times)
needtor22
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January 13, 2019, 03:08:05 AM
 #201

I don't think it will be possible for the value of bitcoin to be zero.
because I'm sure the price of bitcoin every day also grows well. so in my opinion the value of bitcoin is not zero.
lelylely
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January 15, 2019, 07:02:58 PM
 #202

So many bitcoin holders and so many who want bitcoin because the trust of bitcoin has value. Bitcoin can decrease but the decline in bitcoin will not reach zero, and I think bitcoin will be the most wanted coin in crypto.

omonuyak
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January 16, 2019, 07:38:51 AM
 #203

This market has been existing for quite some time now and billions of dollars investments are already in it.  I don't think bitcoin will return to zero or died one day but it is going to appreciate in some years to come.  Some traders are saying bitcoin is death but I disagree with this fact and it is an attempt to create fear.
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January 16, 2019, 07:52:48 AM
 #204

This market has been existing for quite some time now and billions of dollars investments are already in it.  I don't think bitcoin will return to zero or died one day but it is going to appreciate in some years to come.  Some traders are saying bitcoin is death but I disagree with this fact and it is an attempt to create fear.

Where are those billions now?

It seems to be another common misconception. People come to think that, for example, if the market cap shows Bitcoin capitalization of 100B dollars (an arbitrary number), then there are really 100B dollars invested in it. And even if they don't think so, many still think that dollars spent on Bitcoin (or any other cryptocurrency, for that matter) are still somehow sitting in the market and waiting to be exchanged for Bitcoin anew

This is not so for pretty obvious reasons. When someone sells coins and receives fiat, it doesn't in the least mean that he is going to buy back or buy in later. He may, but in most cases, the fiat money received by the seller is spent on something completely not related to crypto, and unless someone else (who receives these dollars in real life) decides to reinvest them in cryptoassets again, they are essentially lost for the cryptomarket

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