Is Bitcoin Going To Zero?

[jonsky05]

Bitcoin will not go to zero because its basing to USD and I think many cryptocians don't want that to happen. Yeah its bearish now but it doesn't mean that bitcoin go to zero. Last be positive and break this being negative thinking.

[1715208531]

1715208531

[Finestream]

Bitcoin will never become zero as people will never let that happen.
If Bitcoin goes 3000 or down, there will be huge demand and buying in the market.
Many people are just waiting for the deepest market to join the crypto.

The price of bitcoin will become zero might be happen in the near future but I do not want to happen so we need to support it to avoid on falling down. If we want to have huge demand and buying in the market we should promote it and then we can attract investors. I hope the price of bitcoin will not go down 3000 or below.

Yes.Bitcoin will not be down to zero if the people will not stop utilizing it.There may be few countries who are accepting bitcoin as a method of payment for now but i know few years from now,its popularity will surely grow and will attract lot of users and investors to stick with bitcoin.If we will be working hand in hand to promote bitcoin making it as a legal currency that will be adopted by most countries,then surely our economy will definitely progress in time.

[jonaire99]

When all investors decides not to buy or use bitcoin anymore then bitcoin will surely going to zero. But as long as there is investors buying for the top coin then it will not go into zero value. The continuing decline in the value of bitcoin will not lead to zero because its demand is still strong and it is part of cryptocurrency price cycle. Many investors have been waiting for the price of the coin to become affordable so they can able to buy it again.

[reynald70]

When all investors decides not to buy or use bitcoin anymore then bitcoin will surely going to zero. But as long as there is investors buying for the top coin then it will not go into zero value. The continuing decline in the value of bitcoin will not lead to zero because its demand is still strong and it is part of cryptocurrency price cycle. Many investors have been waiting for the price of the coin to become affordable so they can able to buy it again.

Yes, I agree, I see the decline that is happening now is a natural cycle that often occurs at the price of Bitcoin so far, so that when there is a decline there will be a large purchase, because Investors want cheap Bitcoin prices, and what happens now is the price of Bitcoin decreases and cheap. So I think it's a moment to buy lots of Bitcoin.

[VaLeRaaa]

There is an opinion that there will be a breakthrough soon. And another rally. Hope dies last.
Bitcoin Rises 4.65% as Crypto Market Creeps Toward Breakout
https://www.ccn.com/bitcoin-rises-4-65-as-crypto-market-creeps-toward-breakout/
That said, according to the Coinbase chart above, the BTC/USD rate is already trending inside a falling wedge pattern, as also discussed in some of our previous analysis. As the pair breaks above the upper trendline, it would likely set its near-term upside targets towards the 200-period moving average depicted in red, while testing 3650-fiat as an intermediate resistance level. The technicalities attached with a falling wedge formation expects a breakout formation. So is bitcoin, after months of depressive price action, finally preparing for a breakout?

[killat]

I don't think Bitcoin is going to zero. I rather think market is very manipulated and as bulls manipulated it upwards last year, bears manipulated it downwards this year. However, these periods are cyclical, you just need to be patient until bulls will take again the lead.

[Woolles890]

Bitcoin will not go down to zero, there are still many who are loyal and waiting for further developments, even though currently it has an easily affordable value but there is still hope to rise again. The wheel of the market is always spinning and moving because there are many investors who always use good moments to get benefits.

[CryptoBry]

Going zero can only happen if Bitcoin is not anymore used commercially and not traded in any exchange. Can this be possible? Yes, there is a possibility for it just like what happened to MySpace before Facebook exploded to the scene. There is always the first mover advantage but there is no guarantee that the first or the original can stay on the top for a long, long time. Nobody know what can be so may be we just sit and relax and then enjoy as the history of Bitcoin is unfolding right before our own very eyes.

[cramcram21]

I don't think that it would go to zero ,
We have so many people who supports it and even some big names and some company,
So it would really be impossible for Bitcoin to go zero.

[Siren]

Well you have clearly stated that Haters gonna Hate so what would be expected from them,and bitcoin will go back to stone age?I mean to Zero ?Damn man were not go this far just to go back from nothing,this currencies has been here for decade and millions of people are inside the market so no ones gonna buy that stupidity bitcoin will continue to progress even that theres a falling time but the future is indeed,this is the currency of the next generations

[butcherme]

Well I think that it would only happen if all of the investors would leave,
But as of now we have tons of people who believe in crypto and they wouldn't leave it.
We just need to continue on supporting it.

[bce]

no one can confirm that in my opinion because someday the economy requires a modern economic system that is why crypto currencies will not be zero

[resty]

Here's a hilarious article from Forbes with same tittle: Is Bitcoin Going To Zero? What makes it particularly hilarious is the author's striking inability to understand that to make a consistent and coherent argument he has to tie up loose ends in his logic and reasoning

At first, he claims that Bitcoin is effectively dead as it has no value because it "doesn't produce any products or services". And then, all of a sudden, he proceeds to assert that Bitcoin's characteristics such as "a store of value that easily crosses borders around the globe" and "the comfort of anonymity it can provide" have only persisted because governments have largely allowed cryptocurrencies to exist

Am I the only one who feels like the author makes mutually exclusive claims in this piece of shit? If Bitcoin is in fact as dead as a doornail, it can't possibly possess all these benefits and advantages he mentions, and so no government intervention is actually required to get away with it. But if, nevertheless, the government intervention is still required to get done with Bitcoin, it doesn't look like being dead at all, right?

In short, haters gonna hate. Bitcoin is money but money itself doesn't produce any products or services on its own. Does that take anything from its value as long as it is not fiat hyperinflated (when it basically stops being money)? Essentially, as money Bitcoin produces transactional utility upon which things like a store of value or "comfort of anonymity" are built. Thus, this argument doesn't hold even when taken separately, on its own "merits"

I don't think we can guess what will happen to bitcoin, no one can be so sure what will it be in the next months or years. I don't think that its investors before will quit especially when they are the one who are controlling the system. We are familiar with people that are so cold as whales and yes they are real. Maybe they are the key for the bitcoin to sustain its old price,

[TheWalkingCoin]

Impossible bitcoin could be on zero, look price of bitcoin after dump last week and still at $3,700 and will be growing up later, never bitcoin become zero price because bitcoin have potential will growing and famous on higher price.

[gesdan]

NO, people said that bitcoin just a bubble and will pop makes the value going to 0 but the fact is its not like that, the bitcoin will never going to be 0 value. i believe on it

[Snyderfx2]

Bitcoin will never hit zero and it will never die and even if you see that says such things please do not surprise because that is not the first time for some media or an article to say bitcoin is going to zero and most news and media companies were saying that from the beginning of bitcoin but nothing has happened yet and what we see at the moment where bitcoin is falling is only a temporary situation which can be change in the near future

[lepbagong]

do not invent. With Bitcoin, everything will be fine in the future and I am sure that it will cost $ 20k.

Of course the opinion that you say that the price of bitcoin will go to $ 20K, is a dream for all who follow crypto because in recent months bitcoin has been in a really unpleasant price. hopefully the price will rise in the near future

[Cryptoprimes]

Now banks playing the bearish game. They buy BTC out of the exchanges, just taking wallets physically, and nobody sees the transactions. Then they selling BTC on exchanges with small amounts. BTC price falling, futures getting profits. And the next move will be turning to bullish game. So don't lose the moment.

[gabmen]

do not invent. With Bitcoin, everything will be fine in the future and I am sure that it will cost $ 20k.

Of course the opinion that you say that the price of bitcoin will go to $ 20K, is a dream for all who follow crypto because in recent months bitcoin has been in a really unpleasant price. hopefully the price will rise in the near future

A dream for all who follow crypto and for those that bought in close to that range and are still holding lol. I don't think we should be talking about 20k at this point since it may very well take a year or two to get back to that state. At least i also believe we will be back there 😁

[noormcs5]

do not invent. With Bitcoin, everything will be fine in the future and I am sure that it will cost $ 20k.

Of course the opinion that you say that the price of bitcoin will go to $ 20K, is a dream for all who follow crypto because in recent months bitcoin has been in a really unpleasant price. hopefully the price will rise in the near future

Bitcoin will never go to zero as a digital currency , But yes for an individual it can go to zero if he /she lost bitcoin in trading , gambling or scam investments. Bitcoin did touch 20K and it will again touch it and it is a reality, not a dream.