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Author Topic: Possibility of Bitcoin's value to be zero  (Read 1848 times)
alexmuro
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March 29, 2018, 03:07:06 PM
 #41

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?

Impossible to happen for me because the community is getting bigger and bigger. I there will be no users of Bitcoin there will be a chance but how can it happen if opposite is happening right now. Altcoins are not threat to Bitcoin because Altcoins will always be dependent to Bitcoin in any aspect. Bitcoin has it's advantage due to it's adoption worldwide in businesses or even in economic and investments in some countries arround the world.
Yes, I agree with you bro. For me, I never think it will happen because of same reason. If there'll be no more investors and users of bitcoin, that would mean it has no value at all. But, until now there are many investors and users who are interested and trusted more on bitcoin. I believe and confident that it could possibly survive for 10 years or more with increasing value.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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nicolesalv
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March 29, 2018, 03:18:13 PM
 #42

I think that's not going to happen that's because there's a lot to complain about and ask why bitcoin's value goes back to zero that's not going to happen because it supports bitcoin


agree with you,  I don't think also that it wikl.going to happen that bitcoin value will drop to zero. For as long as people are supporting bitcoin it impossible that it will drop to zero. for as long as there is cryptocurrency their will.always be bitcoin that is how I believe about bitcoin.

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March 29, 2018, 03:20:45 PM
 #43

Bitcoin will NEVER hit zero.
Bitcoin is currently low, under value because of fear mongering posts like this from noobs.
Bitcoin is very deeply established and will always be the most fully featured, most widely used crypto currency available.
AlexAtom
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March 29, 2018, 04:23:47 PM
 #44

no. If bitcoin value go to zero, that means there are no one who wants to use bitcoin anymore.
thats not gonna happening because there are many peoples still use bitcoin currently.

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cryptojac17
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March 29, 2018, 04:30:12 PM
 #45

It won't happen that bitcoin value to become zero we should not think of it anymore especially now that the demand is increasing as day is passing by, so this should not be tackle about as it will not become nor will less than $1k so no need to worry about this thing.
I understand, so as long as there are investors which makes it function since it is decentralised, the tendency is that the trend will just go up and down. Thanks for the definitive points. Very much useful.
Because it's a crypto currency fluctuations frequency is faster if it's goes so rapidly it might go up rapidly soon that  is why you not be discouraged immediately since  it is a natural phenomena that was experienced for several years  way back.

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March 29, 2018, 04:41:26 PM
 #46

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.

Yes bitcoin value will never go to zero it is only possible if the bitcoin will die but it is not happen for many years so bitcoin users has a great future and becoming very rich very easily .

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March 29, 2018, 04:46:56 PM
 #47

99.99% it will not happen.  .01% left because nothing is impossible in this world.
pvk444
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March 29, 2018, 05:20:55 PM
 #48

it's interesting to read the comments in this thread:

Almost everyone vehemently claims bitcoin can not go to 0 in 10 years, yet pretty much NOBODY provides any justification. It's easy to make a claim, it's difficult to provide a reasoned argument. Seems most people prefer the easy route.
walemil
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March 29, 2018, 05:40:54 PM
 #49

This is not possible! Bitcoin can never drop to zero. If you have followed the trends for years, then you will see this as a usual situation and know that bitcoin has the strength to bounce back. Don't you know that people are buying every minute? It is a strong community!
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March 29, 2018, 05:44:38 PM
 #50

We do not know what may happen in the crypto world , there are very rare chances that it may touch that level and bounce back from the breakeven stage. I also tell when such situation comes be ready to buy as many as u can as that would be another chance to reap some great profits which we will remember forever.I would be waiting eagerly for such situation.

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MAJICOIN
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March 29, 2018, 05:53:00 PM
 #51

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?


Before doing any decision you have to check the bitcoin value and the bitcoin history of the prices as we know that the bitcoin were traded at a higher rate that's why we are in tension that now the prices is down but it is not the true picture but through proper checking of bitcoin and the analysis of this market is good and easy we have to give some time to this currency market and the bitcoin value is more than any other coin in the market and the bitcoin value will not ever to zero but may this will stable at $7000 for this month.

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velmawattsu
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March 29, 2018, 05:57:05 PM
 #52

I think BTC will die soon
brickafterbrickwalldpt
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March 29, 2018, 06:14:04 PM
 #53

There is no reason why Bitcoin would be worth nothing. Cryptocurrencies are something new so don't expect that it will be always easy and fast profit. There are still many investors who are unsure whether or not they should invest in Bitcoin due to lack of regulations. Of cource there are some investors who have already invested but they seem to be interested only in profit because they sell everytime someone spreads another FUD. Cryptocurrencies are going to stay with us forever. I expect that Bitcoin value will continue to rise in the future.

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March 29, 2018, 06:18:09 PM
 #54

Hi;

My opinion is whatever happens in the crypto world BTC will remain as a gold.

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daarul50
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March 29, 2018, 06:55:25 PM
 #55

When we look at the history of the bitcoin price movement chart from year to year I do not find that death cross that occurs after pumping can go down further from the point of support before the last pumping occurs so I think bitcoin will not touch the zero price let alone bitcoin appears aimed as another option for the public for the transaction system. But, if that happens I will be one of those people who will come to buy bitcoin when the price touches zero because it becomes a rare condition for bitcoin.
JillClarissa
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March 29, 2018, 06:58:59 PM
 #56

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 price of bitcoin has been volatile, and lately the price of bitcoin has been falling, and we can't predict when bitcoin will stop falling, and it's likely that the price of a crash will go to zero. But I think it's very unlikely. Looking back at the development of bitcoin, we find its ups and downs quite normal.
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March 29, 2018, 07:00:21 PM
 #57

I think the price can't be zero, because bitcoin still have so many interested person on it. If it happen to be zero this is end of crypto. But it can go down until $3k area
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March 29, 2018, 07:00:41 PM
 #58

I don't think it is possible. The previous report of bitcoin has no story of down such like zero. Price might be up down but that not means bitcoin will be zero ever. :/

kache2018 (OP)
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March 29, 2018, 08:38:40 PM
 #59

it's interesting to read the comments in this thread:

Almost everyone vehemently claims bitcoin can not go to 0 in 10 years, yet pretty much NOBODY provides any justification. It's easy to make a claim, it's difficult to provide a reasoned argument. Seems most people prefer the easy route.
Talking about possibilities, I like the way you deal with things. Its not that I am saying any negativity regarding the decline of bitcoin nowadays but comments like your simply means that anything is possible and I commend you for that.
kache2018 (OP)
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March 29, 2018, 08:41:28 PM
 #60

Bitcoin will NEVER hit zero.
Bitcoin is currently low, under value because of fear mongering posts like this from noobs.
Bitcoin is very deeply established and will always be the most fully featured, most widely used crypto currency available.
I certainly respect your opinion but I don't like you saying "noobs" to some individuals sharing their own thoughts. They are some who takes this post positively but your seems to ridicule mine without elaborating reasonable thoughts. If you may don't make comments on this. Thanks
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