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Author Topic: Is Bitcoin Going To Zero?  (Read 24743 times)
Twentyonepaylots
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December 09, 2018, 02:26:51 PM
 #41

Money is the means of trade not producing goods... As stated in the article and what shows the level of that publisher...

 With the present status on the crypto market everyone seems expert to give out there opinion on what to become on Bitcoin in the market. One should note that market is Volatile, price value may goes up and goes down dependent on the volume of investment put in by the investors. The current Bitcoin price drops does not mean that it will dive to Zero Value.. that person maybe just want a media attention. nerver the less lets just hope that the crypto market will goes back again to a more favorable status. better just ignore such negative statement.
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December 09, 2018, 02:43:55 PM
 #42

Everything in the world returns to zero, from the fire back to fire, from the ground back to the groundbut not with Bitcoin if the world has not yet doomed, and people continue to use Bitcoin, Bitcoin continues to grow and will not go to zero, remaining prosperous until all time, only now may not be time to show the true price of Bitcoin this year.
now everyone is nervous about the price of Bitcoin at the moment, but don't worry that this will all go away and Bitcoin will grow in price like in 2017.

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December 09, 2018, 02:45:13 PM
Merited by OgNasty (2)
 #43

No, I think bitcoin will not return to zero, because now bitcoin is very popular and has more users, even though now bitcoin is declining but bitcoin will definitely rise again, keep calm and wait for the bitcoin to rise soon.

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December 09, 2018, 02:47:01 PM
 #44

great I get the opportunity to short considerably more before we hit zero. Straightforward.

Well, you know shorts can be extremely dangerous (to your account)

I remember like around two years ago (maybe in early 2017) some dude tried to recklessly short Bitcoin until he got a margin call and his position was liquidated. He lost something like 600 BTC if I'm not mistaken. Anyway, technically I agree with you as I'm widely using shorts myself but only as a hedge against crashes and an edge to outperform the market in the long run. Naked shorts are a big no-no unless you are a market-maker, i.e. someone who can unwind their positions quickly without sacrificing too much if things go massively awry

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December 09, 2018, 02:47:15 PM
 #45

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 think it won't totally becoming zero value but it will lessen or much lower than the previous years as many coins are getting its popularity these days. Because of these new coins bitcoin becoming more less popular to new people so maybe this is one of the factors why bitcoin these days was very low.

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December 09, 2018, 02:51:15 PM
 #46

The price goes down, this is a great opportunity to buy, for those who understand the value of this asset.
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December 09, 2018, 02:58:42 PM
 #47

I still believe in bitcoin, if there are still many people who use bitcoin then the value of bitcoin will not go to zero. bitcoin can definitely survive and will remain the leader in cryptocurreny. the decline in bitcoin prices will definitely end and change happiness.
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December 09, 2018, 03:00:16 PM
 #48

Lol this was just funny. Definitely not gonna happen. Although bitcoins prices continuos of decreasing, doesn't mean it would reach until zero. Many believed in the potential of bitcoin, the valuable of all coins in cryptocurrency. This might gonna happen but not until it reach zero.
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December 09, 2018, 03:21:53 PM
 #49

Capital letter No, bitcoin has no zero value even in the future, bitcoin is only going through real trail
Bitcoin become zero value that's ridiculous no one can believe it become zero. Maybe it decreasing but it never be happen on that value, we see bitcoin now is continues recover and survive.

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December 09, 2018, 03:53:19 PM
 #50

Capital letter No, bitcoin has no zero value even in the future, bitcoin is only going through real trail
Bitcoin become zero value that's ridiculous no one can believe it become zero. Maybe it decreasing but it never be happen on that value, we see bitcoin now is continues recover and survive.
Correct, I wonder why there is a hater regarding bitcoin they continue spreading negative side about bitcoin. What do you think they are a suck puppet of whales? I don't believe too that Bitcoin will become zero though there are many people who still believed in Bitcoin due to a good technology when it comes transactions via blockchain technology. So, it's far to happen that prediction, yes, it will decrease but not totally down.
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December 09, 2018, 04:00:33 PM
 #51

Bitcoin will not fall to zero, bitcoin is the main one in crypto and bitcoin will be able to survive, thinking bitcoin returns to zero is a thought that is rooted in panic.

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December 09, 2018, 04:31:22 PM
 #52

No never Bitcoin going to Zero. Because It is a Currency and Currency never valueless. I know bitcoin price is falling now but wait some time it will raise soon. Bitcoin Never goes Zero.
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December 09, 2018, 05:59:20 PM
 #53

Bitcoin will go down to the ground and close to 0? I realise that this is not possible when Bitcoin still has a pretty high price. When Bitcoin is down, the market has a high level of buying so it decreases purchasing power and this will never cause Bitcoin drop to zero.

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December 09, 2018, 06:39:51 PM
 #54

i'm confident bitcoin would not going that way we are now living in digital age and everything can be purchase online using FIAT but with the evolution of Bitcoin and other crypto currency only buyers and sellers find this more convenient to use with low transaction fee compared to standard fiat which is very costly with regards for the charges. more and more people are getting interest in bitcoin and other crypto currency and this is a good indicators that it will survive in  due time
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December 09, 2018, 06:58:17 PM
 #55

I do not think Bitcoin is going to reach zero but it may well drop considerably. At the same time, if that were to happen, I also think that Bitcoin will be climbing up again but when this  would happen can be at any time, even long years.
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December 09, 2018, 07:30:10 PM
 #56

Bitcoin will not go down to zero bitcoin is a digital currency and will not lose it value, it remain the king of the cryptos just give it some time


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December 09, 2018, 07:33:24 PM
 #57

Im not sure if bitcoin can even go to 0 , there always will be people who willing to buy at low prices and if miners will shut down farms there will be always somebody to mine , because difficulity will change and then you will be able to mine with your pc again if lets say all farms shut down
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December 09, 2018, 07:44:09 PM
 #58

The only zero bitcoin is heading to is 10,000$ above so with this I urged everyone to make good use of this opportunity to accumulate more bitcoin as much as possible. Because the next moon might be soon.

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December 09, 2018, 07:52:18 PM
 #59

You can title that thread will Apple goes to zero
Nor Apple or bitcoin will goes to zero
In a case of bitcoin it is still best performing asset in the world
But i am much more optimistic in a case to bitcoin than Apple

 
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December 09, 2018, 08:10:15 PM
 #60

never think bitcoin is going to zero .usd and euro will be zero and crypto will save world from crisis.bitcoin will definately touch the moon.
bitcoin is a decentralized crypto and best technology.

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