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Author Topic: Logical reason that Bitcoin will go down to USD 0  (Read 1701 times)
Thylacine
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July 12, 2015, 02:34:45 AM
 #21

Bitcoin won't go back to $0 again Smiley
Someone will buy bitcoin even the price less than $1

If you can shut down internet or electricity permanently, it would make bitcoin price go down to $0
Nah, solve blocks by hand, post results by carrier pigeon. Satoshi planned for this eventuality.  Grin
Amph
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July 12, 2015, 08:46:54 AM
 #22

Bitcoin won't go back to $0 again Smiley
Someone will buy bitcoin even the price less than $1

If you can shut down internet or electricity permanently, it would make bitcoin price go down to $0
Nah, solve blocks by hand, post results by carrier pigeon. Satoshi planned for this eventuality.  Grin

not to mention that it would shut down many other thing and not only bitcoin , also i doubt bitcoin at zero would be your primarely concern without electricity and internet...

the great thing about bitcoin is that, in the case that bitcoin go to zero again, it can always restart from there and build another rally, basically immortal...
HarHarHar9965
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July 12, 2015, 09:59:13 AM
 #23

People in the thread have already talked about how it can really really go down, but not go down to zero. If it hits zero at some point, it would mean bitcoin is used by so so less people that it will be non existent. With already millions of people using bitcoin, I think its alright to assume that there might be huge price drops but it certainly won't be disowned, not until a major, much profitable and much better investment & currency alternative comes around
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