can my bitcoin drop to nothing

[BingoDog]

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.

[Janation]

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.

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.

[senyorito123]

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

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.

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. 

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.

[Oilacris]

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

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.

[aakashsangwan]

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

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.

[chip1994]

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

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.

"Very far future" . 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  

[Anjing Lu]

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.

[Netnox]

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.

[hajimasan]

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

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 .

[JemmaColin]

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

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.

[SvenBomvolen]

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.

[Tyrantt]

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.

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.

[goinmerry]

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.

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.

[Casdinyard]

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

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.

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.

[Mia Wallace]

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.

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.

[susila_bai]

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.

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.

[Oceat]

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.

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.

[celested]

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.

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.

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.

[giantrobot]

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

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.

[Pierre 2]

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.