EtherSportz
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January 29, 2018, 07:29:32 PM |
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I don't agree with the statement that all cryptos are priced against bitcoin, and that, somehow, if bitcoin went to 0 they would all suddenly be 0 too. Now obviously, if bitcoin took that kind of impossible dive it would safe to assume that all other cryptos would be in trouble too (if bitcoin was worth 0, I'm imagining society itself is crumbling), however, your argument is like saying that if USD went down to being worth 0 in Euros (which again, would never happen), that japanese yen would also be worth 0 in Euros too, which is obviously silly. My point is, these currencies are priced not only against bitcoin, but against other cryptos and other fiat currencies too, they would still have relative values that could be derived even in the unlikely event of bitcoin disappearing tomorrow. Like anything, their value would be simply this: what are people willing to pay for it.
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Jetakenare
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January 29, 2018, 07:39:26 PM |
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No matter what happens the technology remains ground breaking. But i seriously doubt this could happen. Rather the opposite.
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Tamim121
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January 29, 2018, 08:11:16 PM |
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I think bitcoin never goes to zero. It is quite impossible. Though bitcoin price getting low but price will never goes to zero. Because price up and down is the basic rules of crypto currency. So don't be panic. Bitcoin price will increasing again.
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saycryptohello
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January 29, 2018, 08:15:08 PM |
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I do not believe that this is possible in the near future. Now, when the price fell all immediately appeared pessimistic mood, which is quite natural for the market.
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braZZers123
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January 29, 2018, 08:16:49 PM |
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Bitcoin is simply unable to descend to zero, as the network of bitcoins is highly developed and large, at least it is necessary to teach the price of the network itself bitcoin. And I do not think that any currency will outweigh the bitcoin
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jekzy
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January 29, 2018, 08:18:20 PM |
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I think that will never happen since bitcoin is number 1 crypto in the world.maybe it goes to 1k or etc..
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oviudiu
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January 29, 2018, 08:19:11 PM |
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I think $11,000 is a good price. Someone out there thinks $10,999.99 is a good price, two or three people think $10,999.98 is a good price, it would have to go through the price demands of millions of people before it drops that low, I know would be on a buying frenzy if it ever hits below $10,000 again right now.
I think a good price would be the 100.000$ mark some experts set for Bitcoin, or, even better, let's head for $1.000.000
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havok1998
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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January 29, 2018, 08:22:43 PM |
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NOPE. even if bitcoin fall to zero (which definitely wont happen) , other alts might continue to rise making trades in coins on the exchanges or ethereum, binance coin on binance , etc. so there is nothing to worry about investing in altcoins. just do research and invest in good ones like ripple that has use ahead and is legalized .. GL
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Freddyclose
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January 29, 2018, 08:26:06 PM |
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Even bitconnect is not zero despite all that happened, so the bitcoin ..
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ivanst776
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January 29, 2018, 08:30:12 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.
Once bitcoin goes zero in value this means that internet is not working anymore. Yes, the internet is the only way to turn bitcoin down to zero as this currency is depending on the internet connection for the people to access it. Bitcoin is nothing without the presence of internet, as we can see everything connected to bitcoin is through online and we can't accept the fact that bitcoin might fall because of the connection of internet. but, getting internet out of our lives now is such a zero percent now, as all government and establishments are using internet connection for faster and better outcome of any transactions.
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Kaan53
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January 29, 2018, 08:34:28 PM |
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I do not believe that bitcoin will fall to zero but I believe it will fall back
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Washball
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First crypto index traded as a token!
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January 29, 2018, 08:37:17 PM |
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Bitcoin going to zero is a ridiculous idea. Blockchain has proofed that this is a technology that works, although it might need some improvements. The price of bitcoin has declined about 40% since the ath and it is hardly going up hard these days, but declining below 8K is not very likely. Bitcoin will always keep it's value from at least 8K and will probably increase again.
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BlackBeauty
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January 29, 2018, 08:57:35 PM |
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Bitcoin going to zero is a ridiculous idea. Blockchain has proofed that this is a technology that works, although it might need some improvements. The price of bitcoin has declined about 40% since the ath and it is hardly going up hard these days, but declining below 8K is not very likely. Bitcoin will always keep it's value from at least 8K and will probably increase again.
Bitcoin price will more increase and many of people will get huge profit, so bitcoin price will never goes to zero and it will never end, so you can easily invest your bitcoin and if you want to best profit so you should hold for long time.
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osasshem
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January 29, 2018, 09:57:25 PM |
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The only way bitcoin will go to zero, will be if there is a total loss of faith to all holders and the government coming in to make a full destruction, and that will be the only way. But if the thought of zero is coming from an altcoin, then bitcoin can never go down to zero, cause it is seen as the first and major coin to all crypto currencies.
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7788bitcoin
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January 29, 2018, 10:05:20 PM |
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In my own opinion, there was a little chance that the bitcoin would drop down to zero. But if that happens, Altcoins woild surely pave its way up.
If you really think that bitcoin could go down to zero,then there is no way any other alt coin could survive,even for argument purpose it is not possible to say it would go down because billions of dollars are at stake and it is not possible for everyone to sell off their coins just like that,unless we see some sort of network issue or hackers finding a way to hack the wallet,there is no way the price would go down.
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rappydoo
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January 29, 2018, 10:11:26 PM |
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bitcoin will never reach zero, yes it will burst but wont return to zero, hence would show true value if bitcoin.
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ANGEL_VOISE
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January 29, 2018, 10:54:26 PM |
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It looks like it will not happen, unless all countries agree to ignore the existence of the bitcoin, so could make a bitcoin without value.
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Ziomuro27
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January 29, 2018, 11:00:43 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.
If bitcoin goes to zero, then it may affects the other crypto currency which is like etherium, for example if bitcoin goes to zero the exchange in etherium goes to zero too and Bitcoin price cannot go zero it may only decrease or drops down it value. Moreover think about nowadays Bitcoin is very popular and because of it's popularity people use it for everyday.
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macartem
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January 29, 2018, 11:15:23 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.
If bitcoin goes to zero, then it will be a complete collapse
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Indah_twin
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January 29, 2018, 11:19:12 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.
If bitcoin goes to zero, then it may affects the other crypto currency which is like etherium, for example if bitcoin goes to zero the exchange in etherium goes to zero too and Bitcoin price cannot go zero it may only decrease or drops down it value. Moreover think about nowadays Bitcoin is very popular and because of it's popularity people use it for everyday. really if the bitcoin possibility is zero I can not even think of it until it happens but if it really happens then I will get ready to buy it
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