If bitcoin goes to zero

[safarabela]

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.

it is not possible when bitcoin returns to zero. more and more bitcoin users and it is not possible if there is no price.

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[uelque]

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 knew bitcoin won't go to zero, so there is no need to be afraid. Bitcoin gone so far to just fall as this fast. I believe this is just an ordinary correction which once happened before, and sooner or later it will soon recover.

And, bitcoin is not the only bridge between dollar and crypto, because there are still alts. And it is called the digital gold because it is always being compared to gold. Not everything is measured in bitcoin because it is not the only coin existing in the market.  

[MrYan]

this happens to alot of tokens out there that lost its value over time. it wouldn't be weird for bitcoin to do the same thing

[Eternu]

Even if bitcoins price goes to zero, which is near impossible, that does not mean other cryptos price would go down to zero too. Everything is compared to bitcoin because bitcoin is main and strongest crypto at the moment. If bitcoin dies somehow, there will be another altcoin that will success it, and become main crypto or should we say strongest. If we say that when bitcoin dies all other crypto will die too, it would same as we said when strongest country dies, all other countries will die too...

[Cryptokingind]

Bitcoin goes to zero is not possible because of it is most popular and first crypto currency in the world. all the crypto currency depends on bitcoin. It is most valuable crypto currency.

[btcminer6212]

Bitcoin will never go down ZERO value. If the old members can actually remember, there are lost wallets containing whole bitcoins that before only has the equivalent of hundred dollars and some don't have access to it now and may be lost forever.
So if everyone will cashout their bitcoins there could probably be about less or equal to a million bitcoin lost that would not make bitcoin end up with Zero value.
It will depend only if the world would say that bitcoin is zero value and governments will not give any value to it as an exchange.

I don't think so, i think as long as people goes to altcoin and invest on it. This could make a certain altcoin become a bitcoin if the real bitcoin goes to zero. Maybe ethereum, monero, bch could fill the place of the best crypto. i think if ever it get zero or got it price low i think it will be bitcoin cash and the only coin which replace it is bcc.

[btcprospecter]

IF bitcoin ever went to zero it would show that it was well and truly dead. If that was to happen something else would have taken its place and the market would have shifted to that coin.

[Tumanggor]

Bitcoin goes to zero is not possible because of it is most popular and first crypto currency in the world. all the crypto currency depends on bitcoin. It is most valuable crypto currency.

it is impossible that Bitcoin's valuation goes back to zero, Bitcoin is very rapidly developing, and there's no word if Bitcoin valuation goes back to zero ..

[enterprevic1]

If it happens then that's going to hit families very bad because a lot of families have put in their savings into btc and that's also going to bring down other cryptos

[Mersterious]

Bitcoin goes to zero is not possible because of it is most popular and first crypto currency in the world. all the crypto currency depends on bitcoin. It is most valuable crypto currency.

[Rostadom]

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.

People are using bitcoin and they will continue to do so. Let us say that all the cryptos go down, that means the people are using something else and no one is using crypto anymore. It means that the whole cryptocurrency system has become obsolete and a new technology has taken over the Internet. But it is still weird that ALL of them has go down. I guess one of the possible reasons is that no one's really using money anymore and we are back to doing barter trade. At that point, there is no internet connection and thus all virtual currencies have no value. We only trade goods in exchange of other goods. We have to be physically in front of each other to complete the deal.

This scenario is totally possible if there's a war going on and the Internet is inaccessible to a lot of areas because the lines have been disconnected.

[nesty]

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.

So from the time being that is definitely not going to happen unless the people would dump and will not support anymore Bitcoin currency maybe it could happen but it would take so many years unless a currency would replace bitcoin.

[nexus2k14]

Bitcoin will never go to ZERO, create 1BTC cost today 1000$ (electricity costs) and this is absolute minimum value for 1BTC, if anyone sells below 1K that means it will sell with a loss. Bitcoin can only cost less than 1000$ only when you have free powerful mining equipment and free electricity.
Another thing is BTC adoption level that drives price up every single day, last time I've checked in London was 12 ATM machines (approx. 4-5 months ago) Now I've googled BTC ATM again and is 20 ATM machines. Bitcoin was always extremely volatile and I think most of us already get used to seeying price changes +30%/-30% in one day.

[FireShark89]

I agree. Even the bare minimum of Bitcoin's true value is no longer lower than $1000.

[TheAlchemist]

This will not happen. Some want to separate bitcoin from the technology of blockchain and leave it only as a standard, a coin. So that it does not limit anything. But to zero it is unlikely to approach.

[odranoel]

There is no reason to fear about bitcoin goes to zero because it will never be happen today or in many years to come. As we noticed and observed what happen to bitcoin recently and in early days it is very strong, high and rapidly and crazily high so why it is become zero. No its not gonna be happen

[GreenBits]

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.

actually, if you look at past market behavior, one would assume that the alts would essentially replace bitcoin, not sink to ruin. cryptocurrencies are here to stay at this point, but possibly not in the incarnations we are used to at the moment. so bitcoin will pretty much be a thing from here on out, but it may fall out of use (ppl will still collect it, it will truly be digital gold)


I digress. when money outflows from bitcoin, some of it goes back to fiat, but the majority of it turns into alt investment. so capital outflows from btc (as it holds the most market share) is actually a Martha Stewart "good thing".  spreads the money through the entire sphere, rather than a single coin.

[nagatraju]

something really horrible must happen to make this happen...I see no reason why bitcoin can reach zero

[zenrol28]

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.

Bitcoin may dive really deep but it won't reach the floor now. Because of the bitcoins that were lost forever. Those coins already have a value so if all of the bitcoins will be sold out it'll never reach to zero.

[White32]

I dont think so bitcoin is going to zero. Many people has used to work hard earning bitcoin, and the demand are going up highly day by day. So the price is increasing more than we expect, there is no reason that btc goes to zero.