Sithara007
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February 02, 2018, 07:40:43 AM |
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First of all, Bitcoin is a pioneer, and the foundation is stable, so most of the world's exchanges treat Bitcoin as the base currency of the transaction. I dont think it will be return to zero ,at all cases it is the core of all crypto market
Theoretically, its value can fall close to zero. I agree that it is the core of the crypto-market. But in case the crypto-market cease to exist, then how can you expect Bitcoin to have any value at all? |
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jojolazo
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February 02, 2018, 07:43:24 AM |
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I would become homeless if bitcoin go to zero
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danggoron
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February 02, 2018, 08:31:32 AM |
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--snip--
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)
So it's almost impossible for bitcoin to be worthless. While many make it as an asset choice for investment. As long as there is a process of buying and selling then bitcoin will continue to exist. Anyway, it's worth it. As you say, it's like gold. |
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ColdZerk
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February 02, 2018, 08:37:29 AM |
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In my opinion, if this happens, bitcoin will be replaced by another cryptocurrency with a powerful, fast, functional blockchain with tiny fees. The Cryptocurrency is at the very beginning of its journey now, many things can change literally in a week.
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AlphaWolf
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February 02, 2018, 08:39:01 AM |
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No it will not go to zero because even companies are using bitcoin.
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Cryptalking
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February 02, 2018, 09:37:48 AM |
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I think its almost impossible for BTC to get to zero but what if it does?.. well... good question.. im keeping an eye out on this thread/threat
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Xising
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February 02, 2018, 10:00:03 AM |
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It is possible for the value to crash down drastically but reaching flat zero is highly unlikely. Cryptos are volatile in nature and dips should no longer be a surprise to us. Well, if it did reach rock bottom, perhaps other alts would take the lead such as ethereum. As long as there is internet and bitcoin supporters, the value will never reach flat zero.
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Angela567
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February 02, 2018, 10:02:29 AM |
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Then you pity, because you have no way to get back lost bitcoin, you will lose a particularly large.
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Coins and Hardwork
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February 02, 2018, 10:08:10 AM |
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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.
The value of the bitcoin will never become zero. Bitcoin will surpass all of the challenges and obstacles that the bitcoin faced. Bitcoin will become more stronger and more powerful. Please don't misunderstand digital currencies, they are not alive. Bitcoin surpass "all of the challenges and obstacle it faced" since it is supported by a lot of users that make it regain the price which will happen in the following months, just keep holding. Bitcoin will "become more stronger and powerful" since new tech enthusiasts are investing and a lot of people are starting to use Bitcoin and there is also the improvements that the developers are working on. |
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GalaxyWorld
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February 02, 2018, 10:17:07 AM |
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so that bitcoin goes to zero, this is impossible. Now that the world's money is pouring into this market, it's impossible to say it's going to be zero. In this case, I think it only happens if there is no internet in the world. And if one day this case happens, I will sell my entire fortune to buy bitcoin.
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Cgrbb
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February 02, 2018, 10:17:42 AM |
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bitcoin wont go to zero. and everything is not measured n bitcoin actually. measurement device was usdt and its turning usd now.
so if bitcoin goes to zero ethereums/BTC will be zero but ETH/USD will be 1000 $ still.
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TorbiK
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February 02, 2018, 10:22:06 AM |
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Judging by what is happening now on the market, when Bitcoin is falling all the rest of the crypto is falling tick into tick, it indicates that most of the trading volume is produced by robots and their algorithm is tied to the price of Bitcoin. Most likely with the depreciated Bitcoin everything will collapse.
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Socioman
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February 02, 2018, 10:24:01 AM |
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If for example eth on an exchange is measured in btc and btc goes to zero isnt eth then zero as well?
At the moment there is no universally recognized crypto currency, ready to replace bitcoin. If bitcoin depreciates completely, it will mean that the crypto currency has died. But so far there is no reason for this. Now there is speculation in the market. Whales plan to introduce large amounts of money to the market. To do this, they now lower the price of bitcoin by as much as possible. |
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ReindeerOnMe
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February 02, 2018, 10:28:10 AM |
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I think it only happens if there is no internet in the world. And if one day this case happens, I will sell my entire fortune to buy bitcoin.
I am greatly and really confused. Bitcoin is dumping and the internet is "no where to be" in that time so why are you still buying bitcoin and not only that you will even use your entire fortune to buy one that is madness, though it will not really happen, especially the internet thing. Bitcoin will not go back to it's past price 8 years ago since there is a lot of digital currencies that are tied to the bitcoin price, there are a lot of people who will keep that from happening. |
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Mersterious
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February 02, 2018, 10:33:30 AM |
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It is a good point to ponder over but for all practical purposes Bitcoin becoming zero will not happen. If all of the cryptocurrency is given up by all people then it is possible but it is only theoretical. In that case all of the Altcoins along with bitcoin turn into a big zero. But if your question is that whether an Altcoin can survive when bitcoin becomes zero, then yes it can. Again, the possibility exists. When there is a powerful altcoin that sweeps the world of cryptocurrency then such a possibility arises.
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Aneuk cabang
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February 02, 2018, 10:46:31 AM |
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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.
As we know BTC is the king in Crypto world, i mean the first crypto introduced to the world. it was indeed has the highest price than the rest for now, but does the rest goes to zero when BTC do? Nothing is imposible, but it does'nt work in the world where the market is everything. but in my opinion, BTC price will not go down to zero as long as there is single peolple used it. |
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lucas_lewit
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February 02, 2018, 10:47:01 AM |
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If bitcoin returns to zero, all coins in the crypto world also decrease. Currently the price of bitcoin and altcoin has decreased so drastically. Because bitcoin is one of the old coins, and is the first coin to use blockchain system.
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reda
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February 02, 2018, 10:54:43 AM |
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If bitcoin returns to zero, all coins in the crypto world also decrease. Currently the price of bitcoin and altcoin has decreased so drastically. Because bitcoin is one of the old coins, and is the first coin to use blockchain system.
Yeah right. Bitcoin will be zero. Market coins will be go down. Thing it not possible Bitcoin is not going to zero. But bitcoin prices will be go down. So don't thing about it. If need information for the bitcoin you will check the market place and coin disk. Then you will know the bitcoin. It any time to the prices. So price is not stable. |
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markint
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February 02, 2018, 11:16:50 AM |
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Although a scenario where Bitcoin is worth zero seems catastrophic, there are many reasons that could make this tragedy possible. However, I think that it is more likely to see a gradual decline of bitcoin that will lead to being moved to a very secondary and discreet place over the years, so that in about ten years we will see bitcoin in the same way as today we see cryptos as dogecoin or bytecoin.
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slothtrooper
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February 02, 2018, 11:19:25 AM |
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IF Bitcoin went to zero surely lots of people would be stepping up wanting to buy 1000s of them, I would personally like to buy as many as I could afford as it pretty certain that the price is likely to increase. The demand alone would then serve to drive the price highe, which in turn creates a self feeding price increase = more demand cycle.
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