DAVETUN (OP)
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Bitcoin is the currency of this age
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July 04, 2017, 08:34:17 PM |
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BASE ON GLOBAL RECOGNITION,ACCEPTANCE OF BITCOIN AND HACKERS CHALLENGES,IS IT POSSIBLE FOR BITCOIN TO BE DEVALUED TO ZERO IN THE NEAR FUTURE? THIS NO ONE PRAY FOR,BUT WHAT THOSE THE FUTURE HOLD FOR BITCOIN.
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Abricotier
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July 04, 2017, 09:18:17 PM |
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No, this is not at all possible. I invite you to take a look at the exchanges, there you will see that there is strong resistances. Even if a single person possessed all the bitcoins and sold them all at one, it would not devaluate Bitcoin to 0$ !
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mrcash02
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July 05, 2017, 03:16:29 AM |
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The risk always exist, but it's too low, really tiny... If Bitcoin wasn't a good investment, whales and rich guys from real world wouldn't put their money into Crypto-Currency business, if they did it, it's because they have seen potential on this niche and I'm sure they won't let Crypto-Currency and especially Bitcoin die, they don't like losing money and they usually don't lose money.
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ASHLIUSZ
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July 05, 2017, 03:39:57 AM |
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The risk always exist, but it's too low, really tiny... If Bitcoin wasn't a good investment, whales and rich guys from real world wouldn't put their money into Crypto-Currency business, if they did it, it's because they have seen potential on this niche and I'm sure they won't let Crypto-Currency and especially Bitcoin die, they don't like losing money and they usually don't lose money.
As stated risk is always found along with bitcoin. But when we make a strong reason for the devaluation of bitcoin to zero, you cannot find one. Because this has got its place and now the official acceptance has increased a lot, so such a decline will affect the Countries. So we can have trust that going to zero is impossible though it's decentralized.
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RoommateAgreement
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July 05, 2017, 05:52:32 AM |
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as long as things are normal and nothing changes the price will continue to go up and there is no stopping it, and it will only have dips for correction. as long as there is no serious drama any drop will also be small with bitcoin drops standard if a serious bug is found in bitcoin that can not be fixed then it may drop to zero. but in the past 8 years or so everyone has been trying to find bugs, exploits, attack bitcoin, the hackers hard at work, but they all have been failing.
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Buying the dip...
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EXtremeAEX
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July 05, 2017, 06:13:13 AM |
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The thing is that because Bitcoin has reached this high already, there would always be people who believe it can come back up even after a huge fall, so no matter what there will be buyers who will prevent a large drop. If it drops to down to near zero, I would gladly get those Bitcoin for a cheap price. The buyers and sellers sustain the price in a way, to not allow the price to skyrocket insanely high or drop to zero.
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DAVETUN (OP)
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Activity: 728
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Bitcoin is the currency of this age
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July 05, 2017, 11:34:18 AM |
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as long as things are normal and nothing changes the price will continue to go up and there is no stopping it, and it will only have dips for correction. as long as there is no serious drama any drop will also be small with bitcoin drops standard if a serious bug is found in bitcoin that can not be fixed then it may drop to zero. but in the past 8 years or so everyone has been trying to find bugs, exploits, attack bitcoin, the hackers hard at work, but they all have been failing. Great news there,so we can get to say that the future of this age lies in crypto currency and bitcoin been the lead.
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DrGuns4Hands
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July 05, 2017, 07:35:09 PM |
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that's not possible whales won't let that happen because they're having a lot of advantage in bitcoin that's why that will never happen even the news about the august 1 it will never happen maybe the price of bitcoin will drop but time will come that bitcoin price will rise again that's why there's a lot of user investing in bitcoin because they know what bitcoin can do in the future.
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Abricotier
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July 05, 2017, 08:54:23 PM |
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The risk always exist, but it's too low, really tiny... If Bitcoin wasn't a good investment, whales and rich guys from real world wouldn't put their money into Crypto-Currency business, if they did it, it's because they have seen potential on this niche and I'm sure they won't let Crypto-Currency and especially Bitcoin die, they don't like losing money and they usually don't lose money.
There is no risk, I can assure you this. Just look at the resistance floors on the exchanges. Even if you sold half of the bitcoins at once you would not even drop to 100$. And that assume we are in a pure market where there is no one buying back during the fall. In one word : IMPOSSIBLE.
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X-ray
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July 06, 2017, 06:06:35 AM |
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BASE ON GLOBAL RECOGNITION,ACCEPTANCE OF BITCOIN AND HACKERS CHALLENGES,IS IT POSSIBLE FOR BITCOIN TO BE DEVALUED TO ZERO IN THE NEAR FUTURE? THIS NO ONE PRAY FOR,BUT WHAT THOSE THE FUTURE HOLD FOR BITCOIN.
An important statement for you, you must try to go to the fuck out of yourself from the crypto. Are you kidding me with your sentences? With all of the proof about bitcoin right now. Never reach zero value. You said that looks just another shitty joke.
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Ayiranorea
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Leading Crypto Sports Betting & Casino Platform
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July 06, 2017, 06:18:24 AM |
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Bitcoin won't get devalued to zero. This can happen on the dream. The growth taking place with bitcoin is very big, because in a short period we have gained a much bigger market capital. This could have never been expected by anyone.
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frontdenplastic
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July 06, 2017, 12:10:40 PM |
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BASE ON GLOBAL RECOGNITION,ACCEPTANCE OF BITCOIN AND HACKERS CHALLENGES,IS IT POSSIBLE FOR BITCOIN TO BE DEVALUED TO ZERO IN THE NEAR FUTURE? THIS NO ONE PRAY FOR,BUT WHAT THOSE THE FUTURE HOLD FOR BITCOIN.
Of course at some point in the distant future Bitcoin will be worth 0. At some point in the distant future the earth will no longer exist too. You should provide a time frame for your question in order to get more reasonable answers. Were you thinking of 1 year, 10 years, or 100 years down the road?
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hase0278
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July 06, 2017, 01:06:08 PM |
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BASE ON GLOBAL RECOGNITION,ACCEPTANCE OF BITCOIN AND HACKERS CHALLENGES,IS IT POSSIBLE FOR BITCOIN TO BE DEVALUED TO ZERO IN THE NEAR FUTURE? THIS NO ONE PRAY FOR,BUT WHAT THOSE THE FUTURE HOLD FOR BITCOIN.
I don't think that bitcoin will be devalued to zero in the near future but it might be in the distant one. Even if there will be a hack that will result to a big dump, it wouldn't devalue bitcoin to zero as long as some of the users contiune to use bitcoin. It would only be possible if bitcoin were to be dethroned and has many shitty bugs but for now it is okay.
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giveen
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July 06, 2017, 03:10:06 PM |
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That's not possible from now onwards 0$ = bitcoin always a dream. I get it all the hacking going around there is a slight chance but let's imagine in order to reach 0$ all the bitcoin in market must be hacked. And if it reaches 5$ (because satoshi has 10% of total supply) we are going to see massive sucides around the world , people will hurry to buy as many bitcoins they can and after few days price will jump back to 500$ or even more. There are many buyers of bitcoin but there are more people who are waiting for a hack for price to crash so they can buy more. Please be more realistic.
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gentlemand
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Welt Am Draht
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July 06, 2017, 04:13:35 PM |
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I think the only possible scenario is if it was irretrievably broken. But in that case someone could repair and relaunch it and use the dead coins as proof to redistribute the repaired ones which would give them value.
Other than that even if it was gulped by alts there'd be a few odd little holdouts who'd give it value.
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YuginKadoya
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July 06, 2017, 04:53:03 PM |
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That's not possible from now onwards 0$ = bitcoin always a dream. I get it all the hacking going around there is a slight chance but let's imagine in order to reach 0$ all the bitcoin in market must be hacked. And if it reaches 5$ (because satoshi has 10% of total supply) we are going to see massive sucides around the world , people will hurry to buy as many bitcoins they can and after few days price will jump back to 500$ or even more. There are many buyers of bitcoin but there are more people who are waiting for a hack for price to crash so they can buy more. Please be more realistic.
yup! in reality bitcoin price will never gonna go back or devalued to $0 dollar that is very impossible and we are in a higher price right now just like bitcoin value goes up it will go down and take it years to stumble back to a zero, even if the price of it has fluctuating so much the changes has a base safe zone in terms of going down and going up is the best place bitcoin will take! and the only thing or event that can devalued bitcoin is The End of the World.
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izanagi narukami
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July 06, 2017, 05:16:53 PM |
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Bitcoin become zero if there is no demand at all or this world experience major disaster that force internet being shut down forever. IMO it's rarely to happen ! Bitcoin is getting famous by it's value so it means more people interest on bitcoin potential rather than abondon it
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Basmic
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July 06, 2017, 06:55:42 PM |
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At the moment, bitcoin cannot fall to zero, but in the future I do not exclude such a possibility. The value of bitcoin is only the people's faith in the fact that it will grow to infinity. For me it's all signs of a pyramid, but I use it because even with the participation in the pyramid have a chance.
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ActiveP
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July 06, 2017, 11:43:37 PM |
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Nobody knows what the future holds, but anything is possible. Could bitcoin be valued close to $0 in the future? Yes. But not in my lifetime surely!
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Yakamoto
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July 07, 2017, 12:27:54 AM |
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BASE ON GLOBAL RECOGNITION,ACCEPTANCE OF BITCOIN AND HACKERS CHALLENGES,IS IT POSSIBLE FOR BITCOIN TO BE DEVALUED TO ZERO IN THE NEAR FUTURE? THIS NO ONE PRAY FOR,BUT WHAT THOSE THE FUTURE HOLD FOR BITCOIN.
I would say that it is pretty close to impossible for Bitcoin to get hit hard enough that it goes all the way down to zero, but there is always a first for everything. The main concern on most people's minds, that are involved when it comes to Bitcoin alone, is whether or not they are able to profit off of the moves of the day and see whether or not anything interesting happens when it comes to macro trends. Beyond that, it's mostly speculation.
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