If bitcoin goes to zero

[tatnM]

I'm sure 99% that this will not happen, look how much to spend now on the production of bitcoins this amount is already huge. Just like any asset, it can not fall below cost. Only of course there will be no demand, and the demand for crypto currency is now very large and not one country can not already prohibit it, just as the Internet could not be banned at the time !.

[laravuemaster]

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.

There's a reason why altcoins is existing today and it is because it was made to compete on bitcoins. When bitcoins is all mined then maybe, Altcoins will be next cryptocurrency to rise and it will be the next coin to become the mainstream on the market.

[gameofthronne]

If bitcoin goes to zero, it will be a big news on cryptocurrency world and i'm sure it will affect all altcoins price. Maybe other altcoins like bitcoin cash and ethereum will become the next bitcoins and the price of this 2 coins will go up so hard because bitcoin is not the highest anymore

[Sate Jamu]

If bitcoin goes to zero, it will be a big news on cryptocurrency world and i'm sure it will affect all altcoins price. Maybe other altcoins like bitcoin cash and ethereum will become the next bitcoins and the price of this 2 coins will go up so hard because bitcoin is not the highest anymore

Being zero is certainly have strong reasons, if there is a better coin and beat bitcoin then it does not have an impact on altcoin, I'm afraid some things like expensive fees, longer transaction time making bitcoin worth zero.

[neonshium]

then whales will stock up and normal people will be screwed.

I guess you are right. Most ordinary people will panic sell to whales.
Though I am not a whale, I will definitely accumulate more if price dump hard.

I also believe that it is impossible but still if we are supposed to imagine such a situation, let’s just do it. I think everyone knows what will happen if Bitcoin Goes to zero. Definitely all the holders are going to face a huge loss under such condition.

There won't be any new investors and Bitcoin would become an ancient history. But again like you said it is not going to happen so no worries.

[moonriver]

This week bitcoin broke 10k USD, which is unexpected by me.
It bounced up quickly and is now well above 11k.
I believe we will never touch that price again.

[omerL]

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 will never go to zero.
maybe it will balance on lower prices then what everyone think but I don't think it will go to zero.

[eifer0910]

I dont think that would happen I really believe in the power of bitcoin and I guess I can say that it wouldnt happen in the future. Bitcoin already established itself and now many investors know bitcoins theres no way that btc will diminish in the long run.

[l0uisStanley]

Well if bitcoin is gonna drop so dramatically to zero then there are two options: either all coins drop as well, either one of the coins will replace bitcoins power

[Tendou_Karen]

Bitcoin value goes to zero? Nah i doubt about that, Bitcoin is like a Father of crypto-currencies.
As you can see that the price of Bitcoin is slightly keep rising, by time to time.

[Valentina N]

Hello author! No need make people have panic thoughts. Probably If it is go zero another day it will recover.

[eucalyptus]

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 is not possible. I mean some people forgot their private key and they cannot even sell their bitcoins. So how is that possible to go to 0? I mean at least some people will hold still.

[Mickznet]

It impossible to 0 bitcoin, today lives is depend on internet that bitcoin live. only bitcoin will be zero if world war occur.

[Rosemarie Carizo]

For me it will never goes to zero because as long as many people believing and investing bitcoin bitcoin will rise up .

[jovs]

Many have little faith in bitcoin, It won't go down that easy unless there is something extreme happens to the world or connection between the internet, But for many years of existence it becomes higher and popular and nobody ever successful in destroying it, Many have made their bitcoin lost in purpose but nothing happens to the price of bitcoin, Many have failed and right now just try and savor the value of bitcoin.

That is the point , Bitcoin still does have people who are patiently enough to support and to believe to the opportunity Bitcoin could give as a form of investment and trading. Just like what happened today, we could see the sudden decreased of the price if bitcoin but its still pumping because there still enough stock and movement that could happened in the market that could provide improvement and development to Bitcoin.

[Zeque02]

I don't think so bitcoin goes to zero, why? Because its already known. It's already accepted in some country most especially those who are using transactions which only need internet connection and gadgets. As long there is endorsement,it will be more popular.

[bitcoinminer45678]

For me it will never goes to zero because as long as many people believing and investing bitcoin bitcoin will rise up .

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.

[manoj kumar k]

the price of the bitcoin will not go to zero easily because the investors are more in the bitcoin by any chance if the bitcoin will reach zero the value of the rest of the coins value will dicrease

[derago21]

If BTC goes to zero, then you could simply trade all altcoins for ETH and still make profits out of it.

[bitllionaire]

the price of the bitcoin will not go to zero easily because the investors are more in the bitcoin by any chance if the bitcoin will reach zero the value of the rest of the coins value will dicrease

Although anything can be possible, but still its look very difficult that bitcoin will come to zero. I think that bitcoin will continue increasing is value because still a very little people have knowledge about bitcoin but now bitcoin is becoming more popular and more people are entering in the world of bitcoin which is really increasing its value. I think the present time is the best time to invest money in bitcoin.