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Author Topic: If bitcoin goes to zero  (Read 3987 times)
Erik Fox
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February 06, 2018, 02:08:34 PM
 #821

That's not possible, as it would require for there to be no person willing to purchase any. There are a lot of hardcore bitcoin supporters who will support it to the end of days.
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February 06, 2018, 02:10:30 PM
 #822

Bubbles form, people think it will go up forever. It crashes, people think it will go to 0 and never return. Emotion.
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February 06, 2018, 02:13:53 PM
 #823

This got me curious as well does other crypto currencies would also goes to zero,
But I think it would never happen I think that even if bitcoin goes to zero the other crypto would still have a value.
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February 06, 2018, 02:46:09 PM
 #824

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 wont go to Zero at all, because there is no reason that should make it go that down. The other cryptos will also not be worthless because they will continue to grow rather the going down. Your "if" is full of negative energy for us the community of the crypto currencies. The ones who are investing in the cryptos will continue to invest in them for long time. There can be some possibilities of it going down, and that will only happen if there whole countries start to ban the keeping and usage of Bitcoin. However, it sin't gonna happen any soon for now. Even, if the whole world started creating their own crypto currencies, they still wont be able to stop Bitcoin's growth.
it never occurred to me that bitcoin prices would reach zero, would not be easy to get off unless there was such a big change in the internet. if that's the case I think not in the near future.
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February 06, 2018, 02:49:39 PM
 #825

technically i dont think this is possible. all countries cannot ban crypto. the worst we can have is what is presently happening.
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February 07, 2018, 04:38:05 PM
 #826

If it ever does go back to zero, then it will be difficult for people to trust in crypto investing again and all the milestones accomplished will have be for nothing.
Bitcoin have achieved many milestones, attracting the attention of many traders and investors that it would be a tall order to erase all the landmarks and be back at one. If that were ever possible, we would have seen it happening when Bitcoin was less popular and valuable, but now I think it is already too late,

The plunge in price lately is not out of the blues, as the rise was quite swift and any knowledgeable trader/investor out there must have been anticipating it. The market would however normalizes in no time as bullish pressures are sure to become formidable at some price levels.
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February 07, 2018, 06:48:32 PM
 #827

 Do not think they earn excellent money. So she will not soon fall! I think so.
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February 07, 2018, 06:53:20 PM
 #828

Bitcoin will never goes to zero this is biggest panic rummor every body have because of this rummor created by media people are selling their bitcoins
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February 07, 2018, 09:43:52 PM
 #829

You don't understand, the other cryptos aren't "pegged" to bitcoin, they are currencies in themselves which essentially float against all other currencies, and have their value relative to them. Think about it like this: the russian ruble has a value relative to the US dollar. If the ruble suddenly collapsed, where would the dollar have its relative value derived from? Well, the other currencies in the world for a start. Also things like gold, silver, etc. The same goes for the cryptos.
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February 08, 2018, 01:14:52 AM
 #830

Considering the awareness bitcoin has gained so far, the concept, the potentials and innovation of the currency, it will be very difficult for it to drop to zero.
Dropping to zero would definitely mean that the currency is of no importance.

Yes. I think also the same. There is not chance for bitcoin which is gaining high value and high popularity will drop to zero value. It does not make sense.
Bitcoin loyal holder will not allow bitcoin become zero value.
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February 08, 2018, 01:43:03 AM
 #831

I do not believe Bitcoin will ever drop to zero value. I do believe it is part of a cryptocurrency bubble that is going to burst at some time for the following reasons. I have seen some postings saying the government cannot regulate Bitcoin.  Also there are plenty of blockchain copycat technologies that make Bitcoin simply another blockchain alternative. All of the cryptocurrencies are having a difficult month. Over the short term, the demand for Bitcoin may continue to grow. Financial institutions and private investors may turn to it.
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February 08, 2018, 01:59:12 AM
 #832

bitcoin can not goes to zero. if it down to zero all crypto will die. Sad
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February 08, 2018, 02:49:28 AM
 #833

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 dont think Bitcoin will go to zero, If its value fall constantly, for sure there are many peolpe out there waiting for that time (including me) to own Bitcoins. We have already seen how much potential Bitcoin has and for sure it will rise up again
[/quote]
Rest goes to zero as well?
[/quote]

Assumming that happened, yes , i think it will go to zero as well
tuikindu
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February 08, 2018, 03:09:52 AM
 #834

Bitcoin can't be zero, it always has its own value.

The price of bitcoin, no matter how high or low, I will hold some, it is my belief!
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February 08, 2018, 01:02:36 PM
 #835

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 no way to go zero value. Bitcoin has more popularity than other crypto currencies. It has more demand than other. So there's no way to go zero value. Bitcoin has many ups and down, it's not happen first time. Many forks appeared and decrease the price. But later it covered. Its time to work with patience instead of playing with your emotions.

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February 08, 2018, 01:31:23 PM
 #836

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 no way to go zero value. Bitcoin has more popularity than other crypto currencies. It has more demand than other. So there's no way to go zero value. Bitcoin has many ups and down, it's not happen first time. Many forks appeared and decrease the price. But later it covered. Its time to work with patience instead of playing with your emotions.


Yeah there's basically no going back now. Crypto caught the attention and facination of many people right now and this "crash" is part of it's volatility that we probably should've been used to by now. Anyone who's saying that btc will lose value or crash entirely obviously didn't do their homework and research

 
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February 08, 2018, 01:36:17 PM
 #837

The price of bitcoin decreases or the price becomes very low but it's too impossible that bitcoin goes zero.If this happened then maybe it's the end of all cryptocurrency.

I completely agree with you.It is very impossible to happen. We may experiencing now a big dip in bitcoin but to go down to zero it is very unlikely to happen. Maybe if it will really gonna happen,.maybe it is the end of cryptocurrency.

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February 08, 2018, 01:41:08 PM
 #838

I think it's close to impossible. Coz when the btc price drops a lot of investors is waiting for the lowest possible price before they buy btc, and some newbies were waiting for their right entry point, that will make the price higher. Maybe the only time that the btc will have zero value is when it is totally banned in all of the countries, coz for sure people will withdrew all their investment. But I don't think that will happen in our time.

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February 08, 2018, 01:57:07 PM
 #839

may be never ever happen to zero...
the year 2018 have something special for bitcoin and whole crypto..
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February 08, 2018, 01:57:14 PM
 #840

I think it's impossible to get a bitcoin to zero, but now it's a matter that the bitcoin is zero for so much money to collapse, but if the zero bitcoin would most likely have bought a lot of bitcoins and waited for the price to rise that would happen very quickly
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