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Author Topic: If bitcoin goes to zero  (Read 4030 times)
TWagner92
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December 30, 2017, 01:41:41 AM
 #341

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.

Yeah, your correct I am sure that other coins will go down also. But I don't think bitcoin's price will go down to zero. Its not possible, and if it does, then no one will believe in bitcoin anymore.
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December 30, 2017, 01:46:20 AM
 #342

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.
exactly if this may go to zero it is never ever may not happen , the popularity may happen it may loose and out of sight but the price of it it may not goes to zero anymore even it may loose popularity.
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December 30, 2017, 03:25:04 AM
 #343

As i know its Never Goes To Zero.Because now a time u need 1000$ to mine Btc.This is too Much Popular Currency Ever if its going Down then All Cypro Currency Market Gonna Crash.
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December 30, 2017, 03:35:15 AM
 #344

How could Bitcoin go to zero? Unless the Internet is disappeared. Anyway, you should not too worried about that case. The best way now is that focusing on trading and get profit quickly. After that, you can quit soon.

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heninur
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December 30, 2017, 03:45:40 AM
 #345

I think it's impossible to go to zero, but if for a price reduction maybe it could happen. If bitcoin goes to zero then many people get the loss because the money they invest will be lost and will not be left behind at all. It is indeed risky for us to join in bitcoin....

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December 30, 2017, 03:47:12 AM
 #346

I don't think bitcoin will go zero not unless people will not use it anymore or they think that bitcoin is going nowhere, but as we can see bitcoin this year made a remarkable name and almost everyone wants to own bitcoin.

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December 30, 2017, 03:48:08 AM
 #347

It is almost impossible for bitcoin to drop to 0. As long as there are drugs and drug users it will continue. As long as there are terrorist bitcoin will continue. As long as there are crime mobs bitcoin will continue. So basically bitcoin is fueled by various vice you can imagine.

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December 30, 2017, 03:55:25 AM
 #348

Everything would go to zero in the short term, but coins like Ripple Eth would quickly take over. Wink
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December 30, 2017, 04:17:43 AM
 #349

I guess that's not possible when bitcoin returns to zero. If it happens then cryptocurreny will not be useful and will affect other coin cones.
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December 30, 2017, 04:29:02 AM
 #350

If bitcoin goes to zero then all our investment goes into it,this will surely hurt a lot specially if the money you buy bitcoin is your personal savings.But it's not gonna happen as long as there are investors who put money on it and trust bitcoin then there is no way it can go zero,it may go down occasionally as it is fluctuating but having zero value is a big question mark.
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December 30, 2017, 04:29:37 AM
 #351

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 seems very unlikely if bitcoin becomes zero, because bitcoin is a very useful digital currency for the future and a solution to the reduction of the use of paper money, if bitcoin is not worth a lot of people who are depressed.
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December 30, 2017, 04:42:49 AM
 #352

At first, I want to say that's impossible. I believe that Bitcoin will not come to the level of 0. If this event will happen in the future then the world will observe another economic recession like 2007/08, Especially in Europe.
So it will make a massive negative impact on financial condition for many companies who are accepting Bitcoin as a payment method. A lot of multinational companies will be destroyed within a second.
But nothing will happen because Bitcoin will survive for a long time and it will dominate in the future currency market.
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December 30, 2017, 04:51:23 AM
 #353

first of all, it is not going to happen it a correction after the new year it will be back to its glory.

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December 30, 2017, 04:55:38 AM
 #354

There is this possibility, but the Internet has to be lost all over the world. Maybe it was a world war that brought us back to the eighteenth Century. Grin
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December 30, 2017, 04:56:20 AM
 #355

is it possible for bitcoin goes down to zero?
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December 30, 2017, 04:59:57 AM
 #356

Bit coin value is not likely to be zero.In contrast, the price of bit coin increases.Bit coin usage increases. Most people invest in bit coin. Bit coin is still popular
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December 30, 2017, 05:01:48 AM
 #357

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's unbelievable. I can assure you that the price of Bitcoin will become near about $50K within a couple of years. But if Bitcoin will go to zero then a lot of loss will occur among the companies who are receiving Bitcoin as a payment. those companies will be destroyed if Bitcoin will crash. Not only that but also a couple countries have a Bitcoin reserve for the future purpose. so we will observe another economic crisis after European economic recession in the year of 2007.
But I believe that Bitcoin will not go to zero in the future, it will become a global currency. not only that but also Bitcoin will dominate in the future's economy.
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December 30, 2017, 05:29:28 AM
 #358

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 seems very unlikely if bitcoin becomes zero, because bitcoin is a very useful digital currency for the future and a solution to the reduction of the use of paper money, if bitcoin is not worth a lot of people who are depressed.

It is impossible to go to zero.
It is even not that possible to break 10k.
It is very possible though BTC will lost its rank.
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December 30, 2017, 08:41:04 AM
 #359

Well it depend on the reason why it become zero, if it doesn't has to do with other then it will not affected others until  zero, for now everything is still measure in BTC when Bitcoin is not popular anymore then it will be replace by other crypto, if Bitcoin become zero it will have a huge impact on crypto currencies world, imagine the pioneer of crypto collapsed
No any reason exist here that it may be resulted to come down the price of bitcoin to zero figure. It is just propaganda against bitcoin because from the beginning we are seeing consecutive increase in the price so how can we assume that the price will come to zero. Bitcoin is the need of future and it shall being enhancing with the passage of time.

Despite propaganda's people trust on bitcoin and have keep continued their business in bitcoin. So, if people are not avoiding bitcoin business, then no any reason is here to decrease the price of bitcoin.   
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December 30, 2017, 08:45:57 AM
 #360

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 seems very unlikely if bitcoin becomes zero, because bitcoin is a very useful digital currency for the future and a solution to the reduction of the use of paper money, if bitcoin is not worth a lot of people who are depressed.

It is impossible to go to zero.
It is even not that possible to break 10k.
It is very possible though BTC will lost its rank.

Actually nothing is impossible in crypto currency market but majority of my earnings come from btc. So I don't even want to think about these bad scenarios.
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