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Author Topic: If bitcoin goes to zero  (Read 3986 times)
Asuspawer09
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December 24, 2017, 08:43:19 AM
 #221

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.

This could be a statement with no sure outcome at all. Yes, bitcoins are brought by miners and from what they get from couldn't assure us consistency. instead of being bothered about it, just go through it. Invest in cash if you have to do so.

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December 24, 2017, 03:03:39 PM
 #222

It's still weird the fact that it dropped so fast from 19000 to 13000 in a few days.
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December 24, 2017, 03:05:47 PM
 #223

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
The value of bitcoin is very much respectable in the market and all the investors look towards bitcoin like it is some real money. If we see the journey of cryptocurrency, then we can easily make out that bitcoin is the only currency which has made the name of the cryptocurrency and introduced this to the world, so this is sure that bitcoin is not going anywhere there is a possibility that  bitcoin goes to more popularity.
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December 24, 2017, 03:07:02 PM
 #224

Well, it depends on the reason that brought bitcoin down, if it's another cryptocurrency then no they won't be going down, but if it's something that makes people lose faith in all cryptocurrencies then the whole cryptocurrency market would crash.

I agree, but it is almost impossible that it will crash to zero. But if it is just part of bitcoin dump then why not. Buy bitcoin at it's cheapest then.

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December 24, 2017, 03:08:41 PM
 #225

It's still weird the fact that it dropped so fast from 19000 to 13000 in a few days.

Normal correction after prolonged growth + profit the new year by mid-January stabiliziruemost and go to new heights!
KingOfWinterfell01
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December 24, 2017, 03:11:09 PM
 #226

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 so. When bitcoins crash, I really doubt that it will drag everything else down with it. Etheriums, litecoins, Bitcoin Cash, and Bitcoin Gold will totally rise and take the spot of bitcoins. I think there will only be a slight crash due to a panic sell because by that time, investors might be speculating the death of cryptocurrency as a whole.

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December 24, 2017, 03:12:02 PM
 #227

No, It's not possible, But if in any case, it happens, then it will be replaced by another altcoin like ETH. But I've read somewhere that bitcoin least price is $1000 for now, So it will never happen.
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December 24, 2017, 03:16:06 PM
 #228

It's impossible to happen that Bitcoin goes to zero, maybe the market of Bitcoin go down but it will not be zero. For as long as we're still here investing Bitcoin, it will never be zero.
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December 24, 2017, 05:13:02 PM
 #229

If the bitcoin goes to zero then I will buy it in bulk and keep it for selling it as an antique. Grin
Probably not going to work, there is simply too much bitcoin around, I admit that if the price of bitcoin reached zero, I will keep a small amount of bitcoin as a souvenir just to remember the good old times but you do not need a lot of bitcoin for that and no one is going to pay a lot of money for it.

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December 24, 2017, 05:29:25 PM
 #230

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 aspire to zero, then you need to buy it until it goes up! Now there is a correction and it's time to fill up your crypto portfolios.

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December 24, 2017, 05:33:32 PM
 #231

Despite all the problems being faced by bitcoin presently I don't think it is possible for it to goes to zero, many investors has a firmed belief in the coin I am very optimistic after the Christmas period the price will move upward as in this is not the first time bitcoin will drop dip in trading history repeat itself.

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December 24, 2017, 07:25:12 PM
 #232

It's still weird the fact that it dropped so fast from 19000 to 13000 in a few days.

Normal correction after prolonged growth + profit the new year by mid-January stabiliziruemost and go to new heights!

I'm just curious about the cause of the drop - generally speaking.
I don't need specifics - who did what - just to know what went on about it.
If anyone knows - of course.
Vatimins
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December 24, 2017, 07:26:20 PM
 #233

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 so. When bitcoins crash, I really doubt that it will drag everything else down with it. Etheriums, litecoins, Bitcoin Cash, and Bitcoin Gold will totally rise and take the spot of bitcoins. I think there will only be a slight crash due to a panic sell because by that time, investors might be speculating the death of cryptocurrency as a whole.

     Yes. I agree with you. But only to an extent. Because the way i see it,  whatever happens to the crypto world either everything goes down at the crash of bitcoin or not depends on the reason why bitcoin had crashed. If it is because of the lack of improvement of the technicalities of bitcoin, then the things you said may really do happen. But if the reason is all the governments branding bitcoin as something illegal, then better take all your funds from any coin or token you have and convert to fiat because that will be a domino effect and wipl most certainly be the fall of crypto currencies.

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December 25, 2017, 01:59:10 PM
 #234

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.
Now in a lot of countries bitcoin is being use as legal currency and people trust bitcoin so it is not good to say that bitcoin has become low and it is going to be zero, now bitcoin is good for price no currency is able to beat bitcoin at this stage. Several companies and making bitcoin as salary payment and paying workers with bitcoin monthly salary so how people are saying this that bitcoin is not going to be high or it is zero.
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December 25, 2017, 02:02:33 PM
 #235

If bitcoin will goes to zero, ofcourse all our bitcoin will going to be useless, but I think it will not going to happen as long as we all have bitcoin in our wallet it will not going to be zero.
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December 25, 2017, 02:02:54 PM
 #236

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.
Well I Think it depends on the situation, But I think It is impossible that bitcoin goes to zero because there are so many people that working here at bitcoin, and they are always waiting by the increasing of the price of the bitcoin. IOt is almost impossible that it will crash to zero.
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December 25, 2017, 02:08:18 PM
 #237

The value of bitcoin cannot go down to a value of 0 USD. It might go down to 10 USD at the very least probability. If bitcoin could be ended, the only way is to globally ban this type of cryptocurrency.
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December 25, 2017, 07:48:24 PM
 #238

Yes, I can see the possibility of bitcoin going zero but not in value but in supply. Just thing if btc is a million in value then we can witness a day has passed and there's no one selling their btc and surely whale have stock it on their fortunes.
The scenario where the supply is zero is also not going to happen at some point the demand is so high that no matter how much of a holder you are you are going to be tempted to sell, I do not have a lot of bitcoin but if bitcoin reaches 50k then I'm going to sell and I'm sure everyone has a price as well.

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December 25, 2017, 08:01:09 PM
 #239


Based on what I read in facebook ( I can't remember who's that ) the bitcoin is a big scam, there is a big syndicate behind that cause of zero price of bitcoin in the future. There plan is to close the bitcoin if the volume is too high to make a money. True or not, we need to be smart in our money, we don't need depend our profit in crypto-currency because no aasurance/stable income.

INVALID BBCODE: close of unopened tag in table (1)
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December 25, 2017, 08:13:15 PM
 #240

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's fair to say that bitcoin won't drop to the exact zero value. It's also hard to say that here in macroeconomics, cryptocurrency already established itself. So is there any possibility that something that is really influencing, can change the value of bitcoin down to zero. Also if the demand to bitcoin would continue to increase, is still there anything that can stop it?
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