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Author Topic: If bitcoin goes to zero  (Read 4028 times)
dragonballz999
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December 29, 2017, 12:53:12 AM
 #321

If bitcoin ever goes to zero or even under a hundred dollars it would be devastating to small investors that bought it for several of thousands of dollars or even more.People would lose houses, have to pay loans etc. Many people have investment stored in bitcoin and have put more than can afford into bitcoin. Bitcoin is a fragile and can be affected by so many issues- government intervention, investor confidence, alternate coins competition. I would say diversify into different investments and cryptos, don't put all your eggs in one basket.
BigTeeths
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December 29, 2017, 02:08:44 AM
 #322

This will not happen and bitcoin will just crash but will eventually go back. It can only go to zero if your country ban any exchanges where you can convert it to fiat and withdraw it.
fipper
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December 29, 2017, 02:11:05 AM
 #323

it will not happen because bitcoin will be one of the coins to the highest position. I think bitcoin will be expensive instead of being weak. you can invest your money into bitcoin in order to have a big profit.
Gabrieelle
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December 29, 2017, 02:54:19 AM
 #324

This will not happen and bitcoin will just crash but will eventually go back. It can only go to zero if your country ban any exchanges where you can convert it to fiat and withdraw it.
Bitcoin has already been there for years but never went to zero value which means it is impossible to happen especially right now that a lot of people are engaging into bitcoin and investing in to it. It has proven over the years how strong it is as a cryptocurrency and it had already gained a lot of users. These users won't give up on bitcoin easily that is why it is impossible to be zero value.
traderethereum
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December 29, 2017, 05:29:16 AM
 #325

if this happens then we can see many people become mad and crazy and the hospital will be a fuel of people Grin but I don't think that bitcoin will become zero because people still using bitcoin and they believe that bitcoin can solve their problem in financial and they still work in the job related with bitcoin. I think more people will come to bitcoin world and they say that bitcoin is helped them to make money and they can start a new life.

Mohamme
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December 29, 2017, 05:31:51 AM
 #326

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.
Since bitcoin has been recognized by various countries, it is not surprising that the bridge between fiat and cryptocurrency is not surprising, which is normal.

reda
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December 29, 2017, 05:38:06 AM
 #327

if this happens then we can see many people become mad and crazy and the hospital will be a fuel of people Grin but I don't think that bitcoin will become zero because people still using bitcoin and they believe that bitcoin can solve their problem in financial and they still work in the job related with bitcoin. I think more people will come to bitcoin world and they say that bitcoin is helped them to make money and they can start a new life.

Now most of the people use the bitcoin for the future growth and gather some invest and business process information for improver for the futute. Bitcoin is connect the all country people and share information for the bitcoin future. People learn more information from bitcoin it help to for the people and country growth. So it will not down zero. Bitcoin pricess is not stabel so some time it will downt. But next time it will be increase high leval. Most of the people wait for the invest in bitcoin and other coin.
yhan2x
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December 29, 2017, 05:40:50 AM
 #328

bitcoin will never been go to zero, to there popularity bitcoin increase to much, more of the user on these community use bitcoin. and after these year. bitcoin will reach how much they can give
aessedai
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December 29, 2017, 05:47:13 AM
 #329

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, just keep me in mind, because I will give you $10 for every bitcoin you have. 
infposs
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December 29, 2017, 06:07:11 AM
 #330

money esay comes and easy goes. if may happen, but the stakeholders will not let it happen...still have chance to go zero unless it's the best for most stakeholders ...
Spoetnik
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December 29, 2017, 06:54:32 AM
 #331


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.
Do not believe everything you read in Facebook or in places where people can just say whatever they want without having any proof to back it up, it is going to be impossible to make the value of bitcoin zero, whales could in theory crash the price but by doing so they will lose a fortune so it is in their best interest that the prices keep going higher instead of going lower.

WOW math much ?
What happens when they dump it down hard ?
They buy them back for a tiny fraction of the last high price.
Then do it again. LOL

The intelligence level on this forum is the lowest on the entire web.
I have never witnessed such a collection of idiots all in one place anywhere ever.
It continues to amuse my balls off at the rampant idiocy posted here from one end of crypto to the other.

Anyway Wink
A smarter question would be how low *could it go and stay there for a period of time ?

FUD first & ask questions later™
Sasha Lumerin
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December 29, 2017, 06:57:31 AM
 #332

that definitely not gonna happen, if btc drops to zero then probably internet are missing from this universe

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youdacapt
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December 29, 2017, 07:12:50 AM
 #333

bitcoin will never been go to zero, to there popularity bitcoin increase to much, more of the user on these community use bitcoin. and after these year. bitcoin will reach how much they can give

bitcoin can only weaken if the world finally agrees to make economic sovereignty via e-fiat for each country. In the end all things will go into the digital business and bitcoin will get strong resistance. Just as gold is never as popular as fiatnya, bitcoin will get the same treatment, bitcoin will not burn out until at any time because its existence is needed as a trigger cryptocurrency connected to the global economy.
ekateriinae
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December 29, 2017, 07:18:08 AM
 #334

well i think if bitcoin does turn to zero. this will be a disaster to all cryptos world. not only bitcoin will going down. this absolutely create a chaos to all investor. we will see a drop to all market trade cause the mother of cryptos are going down.
South Park
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December 29, 2017, 08:47:58 PM
 #335

If bitcoin went to  $0 at this time, cryptocurrency in general would likely fail. However in 10 years when cryptocurrency becomes more adopted maybe bitcoin wont be a dominate coin in which case if it goes to $0 it might not change a thing.
It will depend entirely on the way the crypto world evolves, if bitcoin is still as dominant in the future then a crash of bitcoin to zero will still destroy everything but if some alt were to come that displaced bitcoin out of the top spot in market cap then a bitcoin crash of that size will affect the market but will not destroy it.
Bancia3210
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December 29, 2017, 09:57:32 PM
 #336

if it goes to zero then it will be big lost for the people who did a lot of investment in it although i didnt see that coming because it rise further more and more
pushups44
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December 29, 2017, 10:20:04 PM
 #337

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 will not go to zero because there will always be a demand for the legacy or original chain. Sure, it could fall in popularity, but for it to go to zero would mean it would have to be shunned by everyone. This is very unlikely.
ezbreezy08
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December 29, 2017, 10:44:54 PM
 #338

It wont be happen. dont invest if you dont even know blockchain which is the main core of all cryptocurrencies. time will tell bitcoin will be the most safe investment in the planet!
Jombitt
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December 29, 2017, 11:00:33 PM
 #339

that scenario was possible,  the people are dictating the price of bitcoin. When people stop buying and holding bitcoin, the value will extremely drop. But since bitcoin is the pioneer of all crypto, i dont see any reason why will they stop using btc.

andohyeb
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December 29, 2017, 11:08:20 PM
 #340

Is that possible for Bitcoins to reach zero price value. Then it means all other cryptocurrencies are going to go down too. Because all other coins is one way another connected to bitcoins in price determination.
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