Is Bitcoin Going To Zero?

[lrvjvt]

Just think of it as a joke. After so many years, there will always be some so-called experts who put forward the theory that "bitcoin falls to zero." I have seen at least 10 such articles at least. Just reading is fine，but don't take it too seriously.

[pooya87]

it is a very common trend for news agencies (even the big ones) to publish nonsense about bitcoin at times like this where the market is not performing well like it does in a bull run. and people are so hungry for these types of nonsense that they actually seek them out so the news sites in a way are only providing what people ask for!!!
i gave up reading these things a while ago. it is just annoying and it won't change anything. everything is moving on its own accord with or without them.

[wewe123]

It is a just a word that has no sense , because how come a coin that is a top rating coin will a hsve a value of zero, it is just others ride the hottest issues of cryptocurrency that the price value of coin is falling in the market.

[Jocuserious]

I don't think how Bitcoin price come back zero volume, because have marketcap volume of the number one Bitcoin currency.i believe it accounting is the good purchase Bitcoin and lot of people choice him.so now Bitcoin popular lot of so price down simple but don't come zero volume hope.

[larrylegend33]

I would never think that the bitcoin going to zero. This is something ridiculous. With all the investment and with the millions of participant the price just can't go to zero. The last week the world have the The Group of Twenty (G20) meeting and the bitcoin and the cryptocurrency has been talked in there. I think that was quite important for our community and the market. We should consider it very good news.

[Dr.Osh]

I don't think how Bitcoin price come back zero volume, because have marketcap volume of the number one Bitcoin currency.i believe it accounting is the good purchase Bitcoin and lot of people choice him.so now Bitcoin popular lot of so price down simple but don't come zero volume hope.

well, I think indeed the price of bitcoin just goes down, and of course that won't make the price of bitcoin become zero. besides, so many people make transactions about bitcoin. many new investors are coming, of course this will not make the price of bitcoin become zero.

[Velkro]

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

This is cancer of today's media coverages. Fake news all around, you can't tell difference between real news and fake news. Its really problem of modern world right now.
People need to learn information analysis in schools, its new era that is coming. It must come.

[iamMhew]

Many of us are using bitcoin as the main crypto currencies to be exchange to the other, meaning the "zero" mentioned is not for bitcoin, even though theres a lot of dip and the markets are really bleeding, but the value of bitcoin will not turn to zero, even though theres a lot of FUDs will exisit.

[xhomerx10]

The Euro and USD are going to zero!

Lol. It's not gonna happen (if you are serious with your post)

Bitcoin is money but money itself doesn't produce any products or services on its own.

Agreed with this. The author might be think bitcoin is a machine or something which can produce thing. It's future money

 How can you say the US dollar wont go to zero?  It already happened. 

[PointHope]

The Euro and USD are going to zero!

Lol. It's not gonna happen (if you are serious with your post)

Bitcoin is money but money itself doesn't produce any products or services on its own.

Agreed with this. The author might be think bitcoin is a machine or something which can produce thing. It's future money

If you look at the USD from a historical perspective it has already lost 98% of it's value since the beginning of the Federal Reserve.

Seeing how the Fed was giving money away at negative interest rates for a spell, an argument could be made for the value of the USD being less than zero. Whatever value exists now seems entirely based on military threat.

As far as the Euro goes it seems like the former DM is or was the foundation.
Notable is the pound sterling and Swiss Franc not being players. Not sure I understand how all that works.
For the average guy (me) these high faluting currency games are a bit mysterious if not outright fraud on a gullible public.

[Kakmakr]

As you said, haters is going to hate.  

As long as Bitcoin has some utility or whilst there is a need for it, people will buy it and we know there are no other payment network that can transfer value globally, without governments being able to stop that. <borderless>

We also know Bitcoin transfers is cheaper than most remittance services, so people will rather use Bitcoin to transfer money to their family in other countries.

Bitcoin is also more secure for online transactions on the internet and merchants like the fact that customers cannot cancel the tx's after it has been done, like with chargebacks with credit cards. 

[deisik]

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

This is cancer of today's media coverages. Fake news all around, you can't tell difference between real news and fake news. Its really problem of modern world right now.
People need to learn information analysis in schools, its new era that is coming. It must come.

There's a silver lining to virtually anything

And I guess that has little to do with information analysis as such. What has is your profound understanding of the matter that someone is trying to put in your head, and then making use of simple logic to see where the narrative fails. In this specific case, for example, I know what money is and I know what Bitcoin is, so it was easy to point a finger and explain comprehensively and exhaustively why the author writes complete self-contradictory bullshit. But I agree that the news outlets posting such garbage first and foremost discredit themselves, not Bitcoin or whatever. Makes a perfect study case and example

[Inosend]

Capital letter No, bitcoin has no zero value even in the future, bitcoin is only going through real trail

[BitHodler]

Bitcoin is also more secure for online transactions on the internet and merchants like the fact that customers cannot cancel the tx's after it has been done, like with chargebacks with credit cards. 

Even with that in mind, legacy payment infrastructure is still the leading way of conducting payments, especially with how beneficial it is for the buyers. It will take a lot time for crypto to adjust to that.

Overall, the legacy payment infrastructure won't sit on its arse for ever. As crypto takes it to the next level in terms of adoption, so will the centralized options do, because that's what competition does at the end of the day.

I have yet to see how Bitcoin or any other crypto currency will make me switch my tap to pay debit card. It's fast, free, I enjoy buyers protection, and even bonus points in some cases.

[Bhugz09]

Actually anything can happen. Even the strongest bank in USA declared bankrupsy. But the stand of bitcoin right now less probability of going zero. Maybe its price is falling but theres no indication that it is going zero.

[CacoeCrypto]

If it goes to zero, some other coin will be pumped in its wake. Theres too much love for crypto.

[kucritt]

i think bitcoin never reach the 0 zero and i think that bitcoin will have any value at the end. why? because we can see that there are many cryptocurrency price is affected by the bitcoin. if bitcoin price is 0 it mean all cryptocurrency value will going to 0 value

[PlusOne88]

Surely this article is a bit funny as bitcoin is quite impossible to go that low given how useful it is. But granting it will fall even more it will be to the level where people will be using it not for holding the coins as an investment but for utility. I am cetain that there will be users and  If bitcoin will still be utilized regularly it will survive this instability as of now and eventually will go up again.

[clonely]

We've all seen that a lot of FIAT money has lost their value quickly against USD! And no other FIAT valuable than USD this much. Yes, we are watching declining Bitcoin in these days. But no one believes Bitcoin will be zeroed. It will be recovered soon.

[2girls]

Just think of it as a joke. After so many years, there will always be some so-called experts who put forward the theory that "bitcoin falls to zero." I have seen at least 10 such articles at least. Just reading is fine，but don't take it too seriously.

Lets view this market for example. Bitcoin has been around for a considerable length of time. its had a moderate development, and afterward dump, again and again. a year ago individuals began to pay heed since it was given an application to make individuals every day intrigue (bitconnect). individuals began remortgaging their home and heaping their life reserve funds into bitcoin, not on the grounds that it was this astounding thing, but rather in light of the fact that they were seeing every one of these individuals getting rich. At that point they found out about what a ponzi conspire was, got scorched, and sucked what they had forgotten back. just the card sharks stayed and the market has been sucking endlessly at them from that point onward. no purpose behind 1 coin to be worth thousands. that is my predisposition and that how I exchange. in the event that it siphons, great I get the opportunity to short considerably more before we hit zero. Straightforward.