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Author Topic: Possibility of Bitcoin's value to be zero  (Read 1847 times)
Weeko
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April 23, 2018, 09:01:09 AM
 #441

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?


This is no longer possible, because there are too many who hold bitcoins who believe in it and in the market of cryptocurrency in general.
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LinAliza
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April 23, 2018, 09:05:24 AM
 #442

I don't think bitcoin will ever lost its value.. Its just like the fiat money it goes down and goes up.. Haven't you wondered why pur fiat money haven't lost its value? Its because of the supply and demand and that same goes with bitcoin.. All you need is to study the graphs do analysis and read more books with regards to bitcoin.. And I bet to disagree that it goes down by the minute.
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April 23, 2018, 09:07:04 AM
 #443

I do not think the time will come whereby Bitcoin's value will be zero thereby valueless, although I have honestly thought about such when I was still new in it. Now that I have a good understanding on Bitcoin, I really can swear that its value will not go zero unless there comes a time whereby a mechanism is propagated to put a halt at Bitcoin per se. The reason is people will always find ways to maintain their Bitcoins thereby there would be continuous trade and commerce among all those who desire to earn out of it- and in this day and age, there is no denying that people are dying to earn money whether it be to sustain a living or to generate more income-generating assets.
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April 23, 2018, 09:08:31 AM
 #444

This could happen,But only if the government shutdowns the internet.
Or a war starts then nobody would be interested in bitcoin there would be no demand or buy order so the value would drop down.
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April 23, 2018, 09:16:21 AM
 #445

The only possible i know can cause that is when the whole government of each countries come together and come in conclusion to ban it in their respective countries...
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April 23, 2018, 09:22:55 AM
 #446

That can not happen as Bitcoin is a well developed digital technology on an organized platform, Bitcoin's values cannot be zero as demand. for  Bitcoin has been on the increase yearly
gesdan
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April 23, 2018, 09:27:23 AM
 #447

id the popularity of bitcoin become zero and the demand of bitcoin in the market is 0 I think the price of bitcoin will 0, its mean that nobody wouldn't buy bitcoin anymore, and I think it will hard to happen because bitcoin popularity is high right now if the price is going down there are many "whales" that will buy bitcoin at the low price and of course the price of bitcoin is stable in that price

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April 23, 2018, 09:34:22 AM
 #448

The only possible i know can cause that is when the whole government of each countries come together and come in conclusion to ban it in their respective countries...
However,all countries can't be sure that BTC value will be zero,cause BTC is free from its first appearance.We are all BTC enthusiasts including you no political interference that can lead to market value being worthless as the legend says here Not possible.

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April 23, 2018, 09:45:54 AM
 #449

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

My though here is I think the reason why we engaged to this system is just because we are believe and trust to the capability and ability of this system but now I'm just do suspicious to those people here because their prediction and hearsay about btc are so miserable. Those people are not giving importance to this system and making some negative issue or topic that may cause of downing the system and push it to it's end
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April 23, 2018, 12:57:59 PM
 #450

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

My though here is I think the reason why we engaged to this system is just because we are believe and trust to the capability and ability of this system but now I'm just do suspicious to those people here because their prediction and hearsay about btc are so miserable. Those people are not giving importance to this system and making some negative issue or topic that may cause of downing the system and push it to it's end

Bitcoin has now a good place in cryptocurrency. They are the first crypto ever made before the existence of other digital coins like altcoins, litecoins, etc. It is not possible that bitcoin value will become zero. Actually, bitcoin is now recovering and I believe that the price will become stable for the following years.

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April 23, 2018, 01:00:38 PM
 #451

the bitcoin value will not be zero because bitcoin is zero if the other altcoin in the market drops a bitcoin and a lot of support bitcoin so the bitcoin value will not be zero

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April 23, 2018, 01:06:23 PM
 #452

the bitcoin value will not be zero because bitcoin is zero if the other altcoin in the market drops a bitcoin and a lot of support bitcoin so the bitcoin value will not be zero

Bitcoin is will known as a profitable way to invest. A d it is really the most amazing coin in the market place, I believe that bitcoin can really mame everyone gain a huge amount of profit. So then if we speak about bitcoin is becoming zero value I think that would not going to happen because the bitcoin is a verry well known coin around the globe And many people use it today.

Muktar
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April 23, 2018, 01:10:18 PM
 #453

I never thought the bitcoin value would be zero, the height of its market demand and the limited amount of bitcoin would keep pushing the bitcoin price up and it would be impossible for the bitcoin value to be zero
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April 23, 2018, 01:51:29 PM
 #454

I think that will not happen, because I read many reliable sources bitcoin has some advantages in terms of transaction and investment terms, some news sites estimate bitcoin will continue to rise as the population and investment interest increases, and the emergence of new altcoin will not make the value bitcoin becomes zero, Altcoin does not threaten Bitcoin because Altcoins will always rely on Bitcoin in any aspect. Bitcoin has the advantage of being therefore adopted worldwide in business or even in economy and investment in several countries around the world.
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April 23, 2018, 01:55:45 PM
 #455

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

I dont think that the value of bitcojn will be back to zero, for me bitcoin is really the best among the rest so even that the value ot it will dump or will became really low, it has still no chance that the value of it will dump to zero, because people is dont stop supportinf bitcoin.
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April 23, 2018, 01:59:12 PM
 #456

maybe it does not work because bitcoin is just too short to wait so you do not think that bitcoin will be zero because it does not make us angry at it but instead we have to be happy because we are paying for it.
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April 23, 2018, 02:18:35 PM
 #457

There would need to be a reason for bitcoin to drop to 0 and unless the bitcoin blockchain gets hacked, there is no reason for it to drop to zero (i.e. be worthless).


Most of the price fluctuation is FUD or people reacting badly to good news (regulation of bitcoin would bring it mainstream and cause the price to skyrocket as more people wanted it but any regulatory news seems to lead to a downturn in price).

Long-term, there is no reason to think that bitcoin won't rise overall. It might take some hits but in the long run it'll succeed. Especially with the lightning network coming.
Harpawan
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April 23, 2018, 02:23:05 PM
 #458


I guess that's not possible. There are still a lot of bitcoin enthusiasts on hand, so it makes no sense to put a bitcoin down to zero.
While now the bitcoin value starts to rise again.
David Van
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April 23, 2018, 02:24:50 PM
 #459

There is no possibility that bitcoin's value will turn to zero.Even though it drops down but it will never turn to zero because its valie is volatile so it may rise or fall so tje movement of price is normal and all you need to do is to trust bitcoin.
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April 23, 2018, 02:33:15 PM
 #460

The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?

Do you really think that the value of the bitcoin will become zero? Of course no! People are continuing to buy and use bitcoin because they learned that the bitcoin will give them benefits. People in our society will not let bitcoin to lose its value.

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