Possibility of Bitcoin's value to be zero

[bitliss]

I don't think it's the end of the Bitcoin.
It's true that day by day the price of the bitcoin is going down but we have seen such cases in past.
Blockchain is a great Technology if we know how to use it in solving real world problems. You can see many ICOs are coming with solutions to real world problems.
and we are going to see a lot more in future.
Bitcoin price depends on the people who buy and sell instead of Hodling.
There are some people who believes on Technology and the other believe on current market price.
In my case, I mostly believe on Technology and how we can utilize it for solving the current problems along with making profit.

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[Vit83]

There is a lot of infrastructures created last years that cost billions of fiat money) I don't think that people who created/bought all this will kill crypto;) They want profits)

[laluna24]

Bitcoin value have been in this situation as before. We couldnt think of zero value if the trends everyday is ups and down, it is normal case in bitcoin market. And I don't think it will going to be zero or dead somehow, bitcoin demand will remain forward in this market.

[bbcolex]

Impossible if that day happens then I will buy every bitcoin out there  In the serious note , bitcoin will always be a crypto "Currency" with VALUE.

[matanglawin]

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?

The current situation is indeed, scary. The market is continuously falling which makes the market value of Bitcoin lower and lower as this scenario continues. But surely, it won't ho down as much to zero. Dumps are natural and also, temporary. Sooner or later things will be better for Bitcoin and by the time that recovery starts to occur, profit will be earned by those who choose to hold at this moment.

[pvk444]

I actually agree with you that bitcoin might go to (something close to) 0 in perhaps 10 years. But it has nothing to do with the current price fluctuations. Currently, the prices fluctuate up and down becuase there is little fundamental value to sustain bitcoin, but a lot of sentiment to keep it alive.

Fast forward 10 years: crytocurrency has become a cornerstone of real economy and is integrated almost everywhere in commerce and services. The demand for blockchain based crypto currencies is high and increasing. Transactions sizes and volume are similar to those of credit cards.

However, the bitcoin as is known today has slipped in ranking significantly. It has been overtaken by forks that were able to easier cope with the increased speed and volume requirements.

IMHO, the above scenario is a plausible scenario for bitcoin. That said, bitcoin technology does not stand still. It's possible that the bitcoin we will have in 10 years, will be very different from the bitcoin of today. That future bitcoin might survive. The current one ... well, I have my doubts.

[yepaiyique2]

The value of BTC has been proven in the past 9 years!

Price volatility is also a feature of BTC, not only the decline of digital cryptographic money market, but also the decline of stock and stock market. After the bad news, the value of BTC will continue to rise!

[Rrotess]

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?

Honestly I dont believe that bitcoin will become zero in value although now that is is going down. If we have a trust the process of bitcoin so we dont have to worries about that and pursue our goals on it.

[dothebeats]

As was said by Satoshi Nakamoto himself, it's either bitcoin will end up valueless in the next 10 years or bitcoin will be widely used, so yes, there's still the tiniest possibility of bitcoin losing its value. However, it will be highly improbable for that to happen even in the next decade, given that huge firms and even the governments are now acknowledging bitcoin and cryptocurrencies in general. There's also a huge number of people who are now involved in the said free market and is getting bigger every day. You got to learn that short-tern trends don't define a certain asset's fate; you always got to look at the bigger picture.

[Crypto Girl]

That will not going to happen, even if you go back from the very beginning you can not have the chance to see that scenario, trace back the price from 2009 to the present then you could say that the price has gone a long way and already increased a million times, you might just think that the recent price is very low since the price late last year is very high.

[bolbau]

I think it will not be possible either now or in the future, even if it happens maybe only the bitcoin disappears (price to zero, but im surely its imposibble), but not the technology it has. forgetting or leaving bitcoin is the same we have stepped back one step from the discovery and development of digital technology, in this case is cryptocurrency that uses blockhain technology

[AlexS_off]

I believe the BTC value will not approach zero. It was developed a few years ago as a promising project, which not many people believed. What do we see now? BTC is the number one on the planet, it has great popularity and value. It seems to me that BTC has not revealed its full potential. So, do not underestimate him!

[kier010]

bitcoin is unpredictable any time its price will change. so predicting the future outcome of bitcoin may differ from what you believe to be will happen. cryptocurrency is just starting to get recognize and bitcoin is their leader.

[ionabori]

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 am also sad with the bitcoin prices decreasing consistently over last few days. In the last one week bitcoin has dropped by about 15% and coins like Ethereum has dropped by 30% or more. It will not go to zero in my opinion but we see more price decrease in future.

[quocsi]

The value of bitcoin down to zero is not possible. I believe its value will not be less than $ 6,000. Although its value is still in a downward trend, its value is likely to recover quickly. At the moment, investors are trying to buy into bitcoin as this is the best time to buy it.

[rudito]

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 think bitcoin will not fall to zero, it is true altcoin many appear, but it will not decrease the popularity of bitcoin. Bitcoin will remain the most popular with the highest value.

[Mia_pikachu]

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?

yes, it is true that bitcoin seconds per second tends to lower the price, but is it possible that bitcoin will go down to zero, I think it will not be possible, but many people expect bitcoin to bounce back, but we all do not know when bitcoin will skyrocket again.

[keping1]

in my opinion for now is not a bitcoin end because there are still many people who use bitcoin to buy alt other coins and also still bnayak people who use bitcoin as a tool of payment or transaction.

remember the number of limited bitcoins and bitcoin users more and more even though alt alot of coins popping up Bitcoin until now is still a favorite for many people evidenced by its unaddressed rank in coinmaketcap

[kumar jabodah]

That will not happen.
There are so many reasons why I can say that one here is the people who invest in it. Many will lose if the bitcoins will be worth the Zero.
So before this happens there must be a mess like the disagreement of all nations. Objections to use bitcoins.

[zwiggel]

I think that will never happen. Bitcoin is going down due to the impact of many objective factors. But bitcoin will increase again at the end of the year. bitcoin will not lower to the lowest level due to the impact of major economies such as the United States, Japan.