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Author Topic: Most cryptocurrencies will crash to zero  (Read 6122 times)
PointHope
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June 08, 2018, 09:50:54 PM
 #461

The coins which have no utility and intrinsic value will likely fall to zero.

Bitcoin should remain strong as long as the distributed network stays strong.

Bear in mind it is the globally distributed network with runs the immutable algorithm we call Bitcoin is what gives Bitcoin it's intrinsic value.

As we've watched the Internet evolve over the years to handle widespread use, we will likely see Bitcoin continue to do the same, as Bitcoin is the Internet of money.

If a coin doesn't have it's own unique and intrinsic characteristics it hasn't much value.
ocid
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June 09, 2018, 02:36:54 AM
 #462

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

Yes there is a possibility that bitcoin will crash into zero but not in the near future. Just like what others said that bitcoin started as zero and they say that it will return to zero. However, I think that that scenario is still in the distant future. Bitcoin today us still gaining its popularity and still managing to be on he spotlight. Bitcoin will still go a long way in being an alternative investment, a mode of payment or transaction and being a currency.
I think it's unlikely that bitcoin can be up to zero in value even back up as early as its launch. as time goes by, the increasing interest of cryptocurrency users in some countries is already very popular among the people and they are able to make cryptocurrency as an alternative means to serve as a modern investment asset. Bitcoin will not lose its value to zero, maybe some altcoin can lose its value even to extinct its existence
Hotrod_88
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June 09, 2018, 02:41:43 AM
 #463

One can not say with full confidence that most crypto currencies will collapse to zero, as today more and more teams that create new crypto-currencies take on the staff of professionals who make a good idea a successful project.

I agree! It is also about the founder of the said crypto of they will let their currency crash into zero or they try to bloom like bitcoin.
Kytanylu
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June 09, 2018, 03:15:47 AM
 #464

No one can say that crypto currency is become crash to zero because this is just a prediction and no proof.  Smiley If someone say that make sure that they have a proof and they saw that it will happened.  Wink
billykannithi
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June 09, 2018, 03:42:40 AM
 #465

This is usual because there are many crypto in the market (more than 1600 - coinmarketcap). Many Scam project detected, lead many crypto currency died.

So, if you have any idea or investment, please get many information that you can. It help you decrease risk
mingming0076
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June 09, 2018, 03:45:07 AM
 #466

a token that is currently of no value is usually the token of a company that the company has indeed gone bankrupt. You should only invest your money in coins about which you are sure enough that they will help you in making money.Thus, it seems to imply that current Bitcoin users (including miners) may have to get used to such a life.
chard lie
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June 09, 2018, 03:55:46 AM
 #467

Bitcoin is as virtual as credit cards and online banking networks that people use every day. Bitcoin can be used for online payments and in real stores, as well as any other kind of money.
Moblie_Legend
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June 09, 2018, 03:58:00 AM
 #468

As quoted from CNBC there is a cryptocurrency will be zero.

What do you think ?

From :

https://www. cnbc. com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html
maybe the news can happen and can not happen because we know that bitcoin and crypto currency that can not be predicted exactly and correctly so do not easily panic investors
CurrenCyTRR
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June 09, 2018, 03:59:15 AM
 #469

it is possible to happen because there is nothing predictable well
freesia_pnp888
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June 09, 2018, 05:43:07 AM
 #470

it's more like a refresh for all the crypto market is crashing don't you think so lol
javainn
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June 09, 2018, 05:57:10 AM
 #471

it could happen that all crypts can get back to zero, but for now it is not possible and it will happen in the next few years or years. now crypto continues to grow into one of valuable and valuable technology.

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putriangel
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June 09, 2018, 06:04:48 AM
 #472

I think that's impossible. Because cryptocurrency is now very popular and needed many people. The number of requests for cryptocurrency continues to increase and this is good for cryptocurrency.
Sevarchik
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June 09, 2018, 06:30:09 AM
 #473

Thats right all scam currencies will crash to zero.
From now it will be happen often.
New age beginning: fight for survival

nesty
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June 09, 2018, 06:36:41 AM
 #474

There are so many crypto currencies now existing that has zero value if they succeeded will have a higher value. Others are only scam the so called shit coins. But i think a small percentage of cryptos will remain stable and others will just go to trash.

tunapa
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June 09, 2018, 06:39:35 AM
 #475

I think CNBC is just trying to pass a message that only good project, with good idea and real life use case will survive and make it while others will be neglected hence will have no value. So investors need to make a good choice and invest in good project especially for long term holding.
yuzefa
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June 09, 2018, 06:40:48 AM
 #476

The projects or coins which do not provide real value will crash to zero. Coins like bitcoins will only grow.
liberty02
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June 09, 2018, 07:00:13 AM
 #477

Yes I believe that there is truth to this as currently there are over 1,500 kinds of coins and growing. Bitcoin will not be one of those that will crash, most of these are copies and even scams of the good crypto coins, most crypto coins right now is enjoying a high because of the efforts of the few legit and powerful coins and they will fall once the bubble is popped.

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BennyK
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June 09, 2018, 07:07:24 AM
 #478

Definitely, there are more cryptocurrencies that will not live up to expectation and finally crash to zero due to several reasons which may include, inexperienced team, high competition on the market especially when the product is already existing on the market by another project etc.

setialovers
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June 09, 2018, 07:10:20 AM
 #479

I dont believe that cryptocurrency will be zero value. If that predicted, why many investment banks want to invest on cryptocurrency. George Soros and Rockefellar family already make statement that they will investing on cryptomarket, and they must be see crypto is potential to make big profits
ravijadon12jan
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June 09, 2018, 09:13:55 AM
 #480

One can not say with full confidence that crypto currencies will collapse to zero, only those who are scam tokens or fake ICO's tokens will go to zero. Also today more and more teams that create new crypto-currencies take on the staff of professionals who make a good idea a successful project.
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