Possibility of Bitcoin's value to be zero

[ardibimbim]

I think it will not happen and it's hard to happen, because if this is now the lowest point of bitcoin, but not the end of bitcoin, if you're an investor, then you'd say it's a bitcoin trip to achieve the highest score.

[yanimkurniawan]

in my opinion it will not happen, indeed bitcoin prices now gone down, my opinion is not possible to get a value of 0, and I see from the current bitcoin price cheap price and I am sure the next few years will be higher than the current price. so this is our chance to get more bitcoin, because the current price is cheap, so we will get a good profit.

[Sadlife]

This is only a simple bearish trend like in the past few years where the bitcoin price crash but then eventually recovers. The appearance of new altcoins is not the cause of bitcoin price going down in fact that new altcoins that you mentioned is also crashing not only bitcoin. So i can say that something is making the market go down.

[Buraot]

No one believes that Bitcoin value will turn into zero, that notion lies only on a person without any knowledge or not familiar with what is Bitcoin and its story, Bitcoin will never be worthless, the proof is the increasing trading volume and adopters.

[Caesar Cung]

No one believes that Bitcoin value will turn into zero, that notion lies only on a person without any knowledge or not familiar with what is Bitcoin and its story, Bitcoin will never be worthless, the proof is the increasing trading volume and adopters.

what the fuck is wrong with this fucking coin (and every other), who is ALWAYS falling when it goes up like 1-2-3k? Hate myself so much for not selling around Xmas, my 0,55 BTC was over 9k€ then, now it's around 3k€. Goddammit, I'm hodling for a while now, but I don't understand why doesn't it rise again.. or at least stays somewhat stable, so all the other fuckin' coins don't lose as much value.

[minthit]

Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins.

With that, I think it can create a debate among tech guys because I've seen many of them saying bitcoin has better tech. And if we look at how long it takes for bitcoin to be this big, altcoins won't be able to replace bitcoin that easily, except if bitcoin is stopped being developed. About the current trend of bitcoin price, I saw a news about Payza committing money laundering worth of 250 millions (yes, that happened during 2016 but it is becoming news again) and that would probably be the cause of it, not because of altcoins overcoming bitcoin.

[jcpone]

I think there no possibility the bitcoin values is become zero. As of now bitcoin value is going down but in my opinion it is not to be zero value. Many people support bitcoin and they invest. I hoping by next quarter bitcoin price is become high.

[developer101dev]

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?

Bitcoins value will never go to zero because there are still people who are always investing in the market and because of that, there is no doubt that bitcoins will still recover even though the prices are decreasing right now.

[Beabtc11]

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?

Definitely it is impossible that bitcoin value becomes zero.  Even the price of bitcoin  are getting low it is not the implications that bitcoin will be fade out. It is just part of the economics system of cryptocurrency. Volatility of the price depends on the supply and demand in the market.  For now, there are a lot of person who release bitcoin that's why bitcoin are at low price

[hurry_hore]

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 don't think as as in the future people will need more on crypto currencies, this technology supported such like internet in the recent decade that changed the world. I believe the crypto currencies now will do so, then I think Bitcoins value will increase rather than zero.

[Sithara007]

No one believes that Bitcoin value will turn into zero, that notion lies only on a person without any knowledge or not familiar with what is Bitcoin and its story, Bitcoin will never be worthless, the proof is the increasing trading volume and adopters.

what the fuck is wrong with this fucking coin (and every other), who is ALWAYS falling when it goes up like 1-2-3k? Hate myself so much for not selling around Xmas, my 0,55 BTC was over 9k€ then, now it's around 3k€. Goddammit, I'm hodling for a while now, but I don't understand why doesn't it rise again.. or at least stays somewhat stable, so all the other fuckin' coins don't lose as much value.

If the prices remain stable, then Bitcoin will lose its attractiveness. A lot of people invested in Bitcoin, because there is potential for a 5x or even 10x rise in the mid-term future. If the prices remain stable, then what is the point in investing in it?

[Ctn]

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?

Many times this misconception is made that bitcoin will go down in the time or it will become worth zero just because the alts are rising. I think this will never happen because this ecsosyemt is based on the balance of bitcoin and altcoin itself. I am not sure if you observe this or not but many times it becomes the necessary thing to exchange our coins with bitcoin to save losses or to save the scams from happening. I mean bitcoin is like safe house where we can keep our investment secured and thus we always keep pushing the bitcoin economy further. So it won't be zero.

[kache2018]

I see here there is a mission from an institution that wants to exterminate bitcoin and replace it with a new coin that has its regulation, I do not know this intention is good or not.

Hi there, in connection with your comment, do you have at least a source to support this one out? I just want to know what is that coin which could probably abolish bitcoin. So that we could determine its purpose.

[kache2018]

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 bitcoin will ever hit 0 even if people lose interest and it begins to die out.  There were many points in bitcoins history were catastrophic things occurred and the price still never hit 0.  Cryptocurrencies arent likes stock in the sense that they are not shares of a company.  bitcoin is not a company so it cannot file for bankruptcy like a company could because its not expected to pay any bills or make a profit.

I would like to comment on this, indeed bitcoin is not like a stock per se, but isn't it a "currency"? though it is only used digitally. Don't currencies have tendencies to be lesser in value as time goes by? Moreover, isn't it possible that this will be demonetised? This is just a point. In my current post I don't stressed bitcoin as a stock but rather a currency. Make sense?

[BitcoinsGreat]

I see here there is a mission from an institution that wants to exterminate bitcoin and replace it with a new coin that has its regulation, I do not know this intention is good or not.

Hi there, in connection with your comment, do you have at least a source to support this one out? I just want to know what is that coin which could probably abolish bitcoin. So that we could determine its purpose.

Bitcoin is popular only because it is decentralize. If we need to create a coin which is in control of some entity or governing body, then there is no need of such a coin. We are then happy with the Fiat system. Bitcoin sole purpose was to remove the control of the money from the Government and give it in the hands of the public.

[Ronyx]

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 the number of alternative coins that appear does not affect the popularity of bitcoin. Bitcoin masit remains popular and the price will increase again. You have to be patient for the current market price, and bitcoin will not reach zero.

[kache2018]

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 the number of alternative coins that appear does not affect the popularity of bitcoin. Bitcoin masit remains popular and the price will increase again. You have to be patient for the current market price, and bitcoin will not reach zero.

I like your points sir but I do not see any reasonable points somehow, because patience and moral support will not save it. I think financial support and boosting bitcoin's popularity to frequent usage such as investing and trading will save it. Please further explain on how this will not reach zero?

[kache2018]

I see here there is a mission from an institution that wants to exterminate bitcoin and replace it with a new coin that has its regulation, I do not know this intention is good or not.

Hi there, in connection with your comment, do you have at least a source to support this one out? I just want to know what is that coin which could probably abolish bitcoin. So that we could determine its purpose.

Bitcoin is popular only because it is decentralize. If we need to create a coin which is in control of some entity or governing body, then there is no need of such a coin. We are then happy with the Fiat system. Bitcoin sole purpose was to remove the control of the money from the Government and give it in the hands of the public.

With all do respect sir but I don't see any connection regarding the topic to be honest. Indeed bitcoin is decentralized but the topic is about its sustainability and possibility of reaching to the point that this will become zero. Fiat money is not even mentioned so what is this about?

[marjon]

Possibility of value becomes zero?? Do you only came up to this questions because you're surprised by sudden dip or you have a doubt that no one will buy even single trade making it to zero. Do you think it can be possible? As long as there's brave one stand to Bitcoin till death, it could never be going to zero.

[tesmark07]

If i give some prediction about the possible crash of bitcoin to zero.
I would say no.
Why?
Nowadays bitcoin is very popular in some countries and there are also businessman who investing to it.
So i think even the value of bitcoin is dropping right now.
It is blurred that the value of it will reach zero.