Can Bitcoin Will be Zero

[tiktak89]

This assumption hardly makes any sense, as we all understand that bitcoin can not go down to zero. Especially now, when he reached such crazy successes, and it's only for a few years of existence. Its main success is yet to come, you'll see.

[Lang09]

No it cant be. As long as there will be a supply and investors, it wont become 0.

[dcoolguy84]

That might true for other cryptos (most especially for shitcoins) but not for bitcoin. You can imagine it like this: Bitcoin is the "king", Ethereum is the "city" where bitcoin rules and ICO's are the "stores" in that city. Those stores can close-up anytime but the king and its city will still function as it was before.

Very true sir.... full agree with you...

[skorupi17]

In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?

The price of Bitcoin is driven by the community. Therefore the community decides what the price is. If the community then decides that Bitcoin is worthless, then Bitcoin is worthless.

If ever this comes there's nothing much you can do about it. Remember the first rule in investments, "invest only the amount you can afford to lose"

[Chris314]

It will value zero the day no one would buy more Bitcoins. Without buyers, bitcoin is worthless.
Seems impossible right now, but it may be possible in the future if something very negative is discovered about bitcoin.

[Yaunfitda]

Technically, its possible that 0 price can be attained. However, I don't think that we are going to see that price because of law of supply and demand. Bitcoin because so limited has its perked. The price can grow overtime because more and more people are going to demand, but with less supply the price could literally skyrocketed as the supply is getting smaller.

Thats only a speculation, but it doesn't mean that the price of bitcoin is going to zero, same as the other cryptocurrency, because we have a lot of user and a lot of investors. If many investor will invest in bitcoin no one could say that bitcoin price is going to zero. It might be decreasing its value but if you keep on believing that bitcoin will bot be going to 0, you should keep on thinking positively about the price of bitcoin and recover again.

Yes, bitcoin and other crypto has gained the trust and confidence of the community, which means that it has hard core fan based, who are going to buy it because they speculate that it will grow overtime. So I really don't think that bitcoin will go to 0.

[mostkey]

nothing is impossible in this world. could be bitcoin to be no price or can be said zero. it will happen if there is no more enthusiasts bitcoin and other crypto. but if we look at the development of the era. this will not happen, because the sophistication of technology that is owned by bitcoi and crypto will be very we need in the future

[sarjilcse]

In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible? If possible then which instructions should be followed getting out of debt?

I don't think so. it would not be happen. but no one can predict. anything can happen. it may goes up moon or may down to zero.

[crzy]

It will value zero the day no one would buy more Bitcoins. Without buyers, bitcoin is worthless.
Seems impossible right now, but it may be possible in the future if something very negative is discovered about bitcoin.

This will really depend on the buyers, if they really want to own bitcoin then the price of it should go up but if the seller dominates the buyer well the price will dump. I think this will not happen 5years from now in the future maybe, since everything here is possible.

[Slow death]

In the morning I read the news where one of the leading multinational finance company stats that the “Bitcoin & Other Cryptocurrency will be zero”. So is it possible?

You said that you read, right? I must assume that in the article you have read they have not shown concrete evidence that shows this possibility of bitcoin falling to zero. so why do not you start wondering why they did not show such proof that bitcoin can drop to zero? you should not care about the negative opinion that many analysts make about bitcoin... just relax and trust the technology and the huge community that bitcoin have and if bitcoin would fall to zero you really think that japan and so many new rich investors would buy bitcoin? these people are smart enough to know that bitcoin has the potential to change the world

If possible then which instructions should be followed getting out of debt?

you do not need this because bitcoin will not fall to zero

[JL421]

No it is not possible i am sure from past 2 years the price haa never fallen before 1000$ so 0$ is never possible in order for the price to fall so low bitcoin should be banned worldwide or maybe everyone should suddenly start selling all their coins and demand to reduce to nill then only it is possible for bitcoin to fall to 0

[marjil]

I don't see it happening any time soon. We can't know what will happen long term. Maybe bitcoin will go up in value or it could theoretically also go to zero. It's impossible to know and any predictions made by anybody at this stage are pure guesswork.

[bitvelk]

Bitcoin is already quite firmly established in the global economy, it is an integral part of the financial system, it can not be so easy to destroy and bring the value of its price to zero. That won't happen.

[taeewo]

Its impossible for that to happen because this new technology is here to stay and as you can see that more fintech are budging into cryptocurrency sphere...

[drukoz2]

Bitcoin is no longer a raw coin that is unstable enough to go to zero. It is too embedded in our world and economy.

[elloco4ever]

Bitcoin is no longer a raw coin that is unstable enough to go to zero. It is too embedded in our world and economy.

Yes there is no way that bitcoin can go to zero and whoever has posted this article must need to do a proper research about bitcoin and I believe that people should look at bitcoin as a service instead of just an investment.

[gzubeck]

Bitcoin to zero...Jamie Dimon is that you? :>)

[mrcash02]

nothing is impossible in this world. could be bitcoin to be no price or can be said zero. it will happen if there is no more enthusiasts bitcoin and other crypto. but if we look at the development of the era. this will not happen, because the sophistication of technology that is owned by bitcoi and crypto will be very we need in the future

Yes, nothing is impossible in this world... But to decrease Bitcoin's demand to zero it would be really hard, at least in our currently reality. In some decades we don't know what is going to happen, what technologies we will have at our disposal, what nation will be ruling the world, etc... Several big and little factors can influence Bitcoin's demand and consequently its price.

But I don't believe at present moment someone can influence the market somehow to defeat Bitcoin, leading it to Zero.

[CryptoMark2585]

It will be impossible to happen.bitcoin will not have a zero.bitcoin is growing in popularity and will be increasingly hunted by many people in the world.
People have Bitcoins and hold them for future price rise.The value of Bitcoin depends on the forces of demand and supply so if the demand is more prices will rise and vice versa.

[Zarbout]

I don't believe this could be possible in near future. Bitcoin will goes to zero only if nobody wants to buy it.