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ecnalubma
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January 25, 2018, 10:04:17 AM |
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If no one believes in bitcoin anymore that could be possible. Bitcoin starts from zero and I guess theres no turning back, as the adoption grows daily its hard to pull it down. Even the massive attack of FUD can't put bitcoin to dust, it only makes bitcoin more stronger and resistant.
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trangoccho
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January 25, 2018, 10:09:01 AM |
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It certainly will not happen
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SonOfNorth
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THE GAME OF CHANCE. CHANGED.
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January 25, 2018, 10:09:31 AM |
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I also believe that bitcoin price will loose it's value if the internet will totally shut down and won't work worldwide. But it seems to be impossible, therefore, I believe bitcoin won't go back to zero or won't lost it's value.
If the Internet was to go down we'd have much larger issues on our hands than the value of Bitcoin. You have to understand that quite literally everything in our lives revolves around the Internet nowadays, so if we'd lose the web we'd be losing everything that makes life, life. |
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imadmirer
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January 25, 2018, 10:45:21 AM |
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It is a good point to ponder over but for all practical purposes Bitcoin becoming zero will not happen. If all of the cryptocurrency is given up by all people then it is possible but it is only theoretical. In that case all of the Altcoins along with bitcoin turn into a big zero. But if your question is that whether an Altcoin can survive when bitcoin becomes zero, then yes it can. Again, the possibility exists. When there is a powerful altcoin that sweeps the world of cryptocurrency then such a possibility arises.
The technology of blockchain is always there and say if Ethereum supercedes Bitcoin then naturally Ethereum will gain the upper hand and will be valued against the fait curriencies being kept as the standard against which all other coins will be valued. In a hypothetical scenario of only one crypto coin survival, the coin will still be values against fiat currencies will run the show.
What we must not forget is the fact that the crypto community is trying its best to take Bitcoins and Altcoins to as many arenas as possible and replace the existing fiat currency with cryptocurrency. This is for more cohesive effect and to bring transparency and ease of transaction. In the long run this may become the most useful and one currency for all citizens of the world.
If bitcoin becomes zero, the cryptocurrency will still survive opening up newer dimensions. We must remember that what gives value to the bitcoins is the fiat currency. So there is always a survival aspect to the cryptocurrency.
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Rukawa2k
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January 25, 2018, 10:58:26 AM |
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The answer is easy, at least take out what you invested in the first place and only play with free money. In the worst case scenario you lose nothing in USD terms. Best case scenario Bitcoin goes to the moon and you sell at the top or near the top and you retire on your new yacht.
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blue_dragon
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Powered by Artificial Intelligence & Human Experts
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January 25, 2018, 11:02:09 AM |
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
I think it will not really happen. But your thought about it is kind of funny, bitcoin can be decreased its price and still go down but there is no probability that it will cost to zero because there are lots of users that using it. |
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sheryl26
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January 25, 2018, 11:07:08 AM |
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
I know that there are a possibility that bitcoins will be totally worth zero but that will be long time away because they are just getting started to be known by the people even the normal people. I known that it will took decades before the bitcoins will be worthless but before that happens i know that we have gain enough for us to start a new career. And if that happens i know also that there will be another thing that will serves like a bitcoins that we can do in order to gain profits. That is what the most of the people wants in bitcoins. |
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marjon
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January 25, 2018, 11:10:30 AM |
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If Bitcoins dropped to zero which is very impossible but we just consider your topic as for instance. Other Altcoins will possibly lose its value as well if that coin relying only to Bitcoin in any exchanges.
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5moke
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January 25, 2018, 11:12:45 AM |
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Bitcoin will never go to zero, but I think that soon he will not be the most popular altcoin anymore.
But we'll see that when the time comes, I'm looking forward to it
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Aldi888.
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January 25, 2018, 11:13:04 AM |
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i think maybe some day but not became zero , just decrease step by step
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leonora galvan
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January 25, 2018, 11:18:58 AM |
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
i don't think that could be happen,if that so then i can wait for the change of the world.but in my own opinion bitcoin would never goes to zero,we know that all the higher officers of bitcoin will do something about it,so don't worry this could not be happen. |
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Olena9797
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https://auditchain.com
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January 25, 2018, 11:23:45 AM |
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Only if internet goes down  This is the one and last way bitcoin goes to zero. But if internet disaooear one day, we would have much stronger problems at all. So just give btc some time and it will grow up again with new score) |
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ingo49
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January 25, 2018, 12:15:12 PM |
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
I don't see a reason Bitcoin will fall to zero. I think as long he have the faith of people he will stay and my opinion it will even rise up more. |
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Linh Ga
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January 25, 2018, 12:17:13 PM |
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If nobody accepts the technology for payment then the value would be 0. Of course, bitcoin currently does hold some value solely due to the fact that it can be exchanged for currency. To an extent, one could argue that fiat currencies such as the dollar hold no intrinsic value, but the faith and full credit of the United States government is still a very real thing, and there is no such institution supporting bitcoin.
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obinine
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January 26, 2018, 03:49:02 AM |
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Many have little faith in bitcoin, It won't go down that easy unless there is something extreme happens to the world or connection between the internet, But for many years of existence it becomes higher and popular and nobody ever successful in destroying it, Many have made their bitcoin lost in purpose but nothing happens to the price of bitcoin, Many have failed and right now just try and savor the value of bitcoin.
That is the point , Bitcoin still does have people who are patiently enough to support and to believe to the opportunity Bitcoin could give as a form of investment and trading. Just like what happened today, we could see the sudden decreased of the price if bitcoin but its still pumping because there still enough stock and movement that could happened in the market that could provide improvement and development to Bitcoin. That’s the only reason BITCOIN or any cryptocurrency survives though, people having faith in the system it will be accepted as a currency with some non zero worth |
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legok
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January 26, 2018, 03:54:08 AM |
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all can happen, from zero will be zero again, but I hope big will never happen to bitcoin ... everyone has benefited a lot ..
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onioncoin4
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January 26, 2018, 03:55:04 AM |
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it will not happen. if it happens we all are in a very huge loss.
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Thecryptocurrency09
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January 26, 2018, 04:06:21 AM |
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
As my faith in bitcoin is high, so does any news that isn't good won't shaken me. But if this could even happen, then let it be. I know that somehow it won't be abolished at all. Many people supports bitcoin and are really into it. Known people also know what bitcoin is now. And that things help a lot. Either way, this zero thingy couldn't look so possible within it. |
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morrisby25
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January 26, 2018, 04:12:50 AM |
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I don't think so bitcoin goes to zero, why? Because its already known. It's already accepted in some country most especially those who are using transactions which only need internet connection and gadgets. As long there is endorsement,it will be more popular.
Being known means shit though we have many many currencies like the Zimbabwe dollars which are accepted and known but are worth absolutely nothing |
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bisdsad
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January 26, 2018, 04:15:45 AM Merited by xapwxrm5742 (3) |
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This is a bit unrealistic. Bitcoin can not go back to zero. When it returns to zero, other cryptocurrencies may not exist any longer. As a base for many cryptocurrencies, Bitcoin's volatility causes prices in other currencies Change, when it is more price fluctuations, other currencies will change. Bitcoin and cryptocurrencies are equivalent to banknotes and gold.
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