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Author Topic: Is it Really Trustworthy?  (Read 499 times)
pooya87
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May 25, 2022, 08:09:13 AM
 #41

If you are going to imagine silly scenarios why is it always some sort of doomsday scenario when things turn to shit why not imagine the opposite silly scenario for example suppose tomorrow morning when you wake up you see 1 bitcoin is worth $1 trillion. What would you do then?

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Honnet43
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May 25, 2022, 10:32:59 AM
 #42

If it drops to $0, then I will double-check the quotes, because BTC will always be worth at least something. If someone says that this is a scam, then it simply will not make sense to believe it, since there is a whole system of evidence that can refute this reckless statement.

All this is only possible in an alternate universe where everything was different.
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May 25, 2022, 03:28:54 PM
 #43

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

Bitcoin price is not permanent but i believe that cyrpto currency will not disappear unless there is a great distruction or a great war of different countries. Bitcoin price will not easily lost its value.

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pawanjain
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May 25, 2022, 03:55:25 PM
 #44

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

I really don't think that bitcoin can go to zero overnight. It should be more than that.
In that case we will get enough time to liquidate and get out and may be buy more at the bottom.
Bitcoin cannot just disappear just like that because it is open source and the network is spread out across the globe.
The only way we can get scammed is if someone executes a 51% attack and in that case there's pretty much nothing we can do as an individual.
We can try selling but the network will be so congested that we won't be able to transfer our coins to an exchange.

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May 26, 2022, 12:15:19 PM
 #45

I don't have to imagine and think for something that I don't think will happen, it's just a waste of time. There is much more important work than having to think and imagine bitcoin will be $0 let alone overnight. Indeed the price of bitcoin is no but and moves both ways, but if it turns to zero, it is impossible.

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May 26, 2022, 01:06:29 PM
 #46

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?

first of all erace that mentality from your mind because it's not possible with bitcoin, i may not say about other cryptocurrencies since most ended as a result of failed projects, it your bitcoin disappeared then i think you were hacked or scammed due to your carelessness and we have many people that have been a victim of that, but bitcoin "can not" go down to 0 as you thought because its not a shitcoin, and whenever there's a dip in bitcoin price speculation, investors find it joy to invest because of the certainty to rise after somewhile.
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May 26, 2022, 01:23:52 PM
 #47

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?
Mate Bitcoin is trustworthy because if it is not trustworthy it will not be lasted for this year's, the people who introduced bitcoin to the world, after launching it in 2009 they knew that bitcoin will be a continuous netvalue currency. From what i have seen in bitcoin, i will give it a seventy percent that is trustworthy. Op bitcoin can not fall to the zero again, the stage has passed, because assuming it is the time we found bitcoin newly i will agree with you. But this is thirteen or fourteen good years bitcoin has being trending everywhere and it haven't Fall and reach from the starting point rather it goes up and up
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May 26, 2022, 01:34:16 PM
 #48

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?
Isn't that amazing? We can't just buy bitcoin cheaply but we can get bitcoins for free this time lol but seriously I don't think that would happen. Only scam coins can turn to zero but if you look all legit cryptos and altcoins, do see a zero value? I believe none. Sure their value can dump too much adding a lot of zero's on their price tags but still they didn't completely drop into zero.

The same thing can also happen to bitcoin, its price can dump down to 20k, 10k, or even 3k but it won't hit zero because many people are buying and taking advantage of the dip which results for the price to recover and pump. You can get scammed and your bitcoins can be stole in your possessions, that's the only thing that can happen to you if you will not guard your bitcoins properly.
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May 26, 2022, 09:43:50 PM
 #49

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?
Bitcoin price is not permanent but i believe that cyrpto currency will not disappear unless there is a great distruction or a great war of different countries. Bitcoin price will not easily lost its value.
This is true, bitcoin couldn't go away, it will stay because we are talking about even nations investing into it right now which means that in order for it to "go away" it needs to have some coding error or something and I am sure that something that reached 2 trillion dollar market cap as a whole (all of crypto) will already have enough people trying to find any error, and there must be none since bitcoin never had anything like that.

This is why all those big companies and nations will keep on buying as long as the price goes down, and they will make profit from it when they hold it longer than the retail investor. It is not going to happen at all.

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May 26, 2022, 10:10:23 PM
 #50

I'll buy all of those available bitcoins for free.

And there's still some use that I can do to them just like storing them and having this piece of history that once became a great asset for the entire world.

There's that value that can't be removed on it even the monetary value goes to zero. The sentimental value and impact it had to many lives including me is priceless yet precious.

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May 26, 2022, 10:56:21 PM
 #51

Do you think it's possible from the current price around $30K and tomorrow it will drop to $0? lol, that's really unrealistic imagination. Bitcoin isn't a shitcoin, it wouldn't drop 99% in a single day, don't compare with LUNA shit.

Talking about Bitcoin will disappeared and scammed the holders, you're actually doesn't undertand anything about Bitcoin, you might think it's just a random number generator appeared on your screen.

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May 26, 2022, 11:02:37 PM
 #52

With the current stage at which bitcoin is at, I don't think bitcon can never turn to 0$, bitcon have faced different challenges and bitcoin didn't turn to $0, so why do you think Bitcoin will turn zero. The only thing am expecting from bitcon now is massive pump and not dump, Bitcoin have been in existence since 2009 and have faced different challenges, lots of countries have tried to stop bitcoin from growing by banning bitcoin but bitcoin is still growing on daily basics, so I think is high time you stop thinking like that and think positive.

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acener
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June 14, 2022, 10:16:03 AM
 #53

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?
I would surely be devastated,
But we all need to have some back up not just rely on crypto for your main source of income.
If you have other source of income other than crypto you could just easily go on with your life.

Stella Mese
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August 19, 2022, 05:49:10 AM
 #54

Of course I would not be surprised, because before investing, I certainly studied the risks of investing and also the profit of investing. but in my opinion if bitcoin dropped to 0 dollars, of course before it went to 0 dollars, many people would have bought it. so of course the price of bitcoin will remain high because of the many fans.
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August 19, 2022, 07:36:00 AM
 #55

Suppose you woke up tomorrow morning and found that Bitcoin had dropped to 0$, or that Bitcoin had disappeared or been scammed. How will you be at that moment?
We do not know when to get sick and when to die, for sure nothing in this world is eternal, period.

Internet, Bitcoin, crypto and the like are all man-made, today you see successful people, tomorrow you see the same poor people, who would have thought, on the other hand you wake up and see Bitcoin breaking through to the $1000k level and maybe you wake up to see Bitcoin to 0, so think about what is now, don't think what you don't know.

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