Is Bitcoin Going To Zero?

[Choyor]

I don't think people will allow this to happen. Bitcoin will not go to zero, because many people will prevent it from buying Bitcoin when the price really falls in the hope that it will profit when the market situation recovers and the coin price rises again.

[lutfi-hasan]

Bitcoin has died several times, whether it's hundreds of times or more, but Bitcoin always gets back up with price increases that always occur after the price of Bitcoin falls. So I think Bitcoin is currently declining because there are many factors that have to reduce the price of Bitcoin as a cycle of rotation. I will not complain much because the price of Bitcoin is falling, I am always optimistic for the future.

[princehandsome]

I don't think people will allow this to happen. Bitcoin will not go to zero, because many people will prevent it from buying Bitcoin when the price really falls in the hope that it will profit when the market situation recovers and the coin price rises again.

don't not believe it's just a prediction, they say that because they see the market prices continue to decline. it will never happen and it's just bullshit. nobody people will know the future of crypto, and say Bitcoin will return to zero. Satoshi Nakamoto created Bitcoin and just he also who knows when Bitcoin will end.

[sarfield]

Whatever they say, leave it alone, that is also the opinion of each who is being hit by losses. In my view, Bitcoin is still alive and surviving and no one knows when it ends, everyone has a different opinion, and so far I still believe in bitcoins that have a future, and to return to zero, then hard performance will be needed and names bitcoin will explode again.

[Pattart]

it is not possible because bitcoin is now a lot of people to buy it so that when prices go up get a double profit from ordinary capital.

The point is that there are still tens of millions of bitcoin users that exist and it is impossible to be zero users in a short time
and without any reason. bitcoin will stay alive for a long time, calm down..

[bosta20]

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"

Lol...the dude is funny! It's normal to blast what you didn't understand-that what most average persons do! They are just set of people who missed the boat of Bitcoin! Therefore they will want it to fail badly just for them to tell you- i told you! ...blockchain tech and cryptocurrencies have come to stay! Its even beyond the reach of governments!

[St4yInTh3D4rk]

I don't think people will allow this to happen. Bitcoin will not go to zero, because many people will prevent it from buying Bitcoin when the price really falls in the hope that it will profit when the market situation recovers and the coin price rises again.

W can't say just because some people will buy bitcoin always,when it has low value everyone will just to make their capital money no one is willing to support it.But the chance of it is going to zero is less since it already got recognization,it is not some other shit coins which made bump and fades away.

[Lomberjack]

i guess no. because when the price of bitcoin reaches the lowest price, then the investors and even the user will buy bitcoins and if that happens, the price of bitcoin will rise again.

[Altf4]

That is the worst thing that will happen to bitcoin that  it will go to zero value , that is a very impossible to happen, because if coins in the cryptocurrency market has no value ,then the market is dead, this idea that bitcoin will go to zero value , can not be believe by the crypto holders , the good I believe will happen in reality is the bouncing vack of the market and bitcoin soon.

[munareal]

Bitcoin is now down but the future is bright. we are in the technological era and the future of money is the cryptocurrency. We have a taste of what bitcoin can do as a payment method and store of value. I believe it will survive to shine again.

[lepbagong]

I didn't  believe  on that bitcoin will never been on zero because as of now bitcoin is still on the top and leading than to all coins so that bitcoin will never on zero. This year is the year of falling but be patient and don't always be negative and saying bitcoin is a scam, it will die or it is bubble because of fluctuation  of the value. Trust bitcoin that it will rise after this year of falling.

Same with your argument, which I have included and not believe that bitcoin will fall to no value because it is only natural that in trading such a situation can occur and ensure that bitcoin will succeed again and can convince it to rise.

[Sadlife]

For them it doesn't matter if they make a sound argument as long as they raise FUD in the market their good with it. I dont know who's pulling the strings in this but if you done research you could find proof and evidence that manipulation to bring down the market is real. They're purpose is to make crypto price cheap so that they can buy in.

[npiappes]

Though Bitcoin is down there below...i think it won't go to zero in fact, a lot of people are now using it to pay for some daily needs.
Hoping for Bitcoin to come back up! 

[Vaculin]

I do not think that the price of Bitcoin will be zero ever. He gained good popularity and is used by people every day. But at the expense of its value it is difficult to say something.

I believe as long as there are still people who never stop using bitcoin and never quit on bitcoin investments,then i think its price will never turn to zero.The price may be quite low at the moment but i'm still hopeful that one day its price will rise up again.It may be hard at the end of this year but maybe early next year it will bound to happen again.

[KorakPawon]

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"

Even though it was written in site like Forbes, I don't really believe it. Bitcoin will not going to zero. Even the price isn't good lately, it doesn't mean bitcoin ends. the good and bad situation take turn in the surface, so keep calm and positive.

[steampunkz]

Thats even too far from all the prediction. Its 100% sure its not happening. Btc price today has benn manipulating by whales so as the altcoins, and i think even banks has the fault on this one.

[cetald]

Now every self-respecting blogger considers it necessary to say something about bitcoin. Even if he does not understand anything in cryptocurrency and blockchain. Recently I read an article by a blogger who doesn't even know that bitcoin has a limited amount of coins )))

[Periodik]

Now every self-respecting blogger considers it necessary to say something about bitcoin. Even if he does not understand anything in cryptocurrency and blockchain. Recently I read an article by a blogger who doesn't even know that bitcoin has a limited amount of coins )))

This is a strong indication that Bitcoin is already a mainstream technology. It does not anymore refer to a mode of payment which is almost exclusively used in the dark and deep webs by people who have reasons to detach themselves away from the authorities. Right now, Bitcoin has become a rising currency which is strongly believed to have the credentials to replace fiat.

[AnDoom]

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"

Everything is possible. However there are tokens/coins which act differently when the market is falling. MGO, IOTA and a few others experienced a good leap when the market was falling.

[deisik]

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"

Everything is possible. However there are tokens/coins which act differently when the market is falling. MGO, IOTA and a few others experienced a good leap when the market was falling.

They can't act differently

I mean their acting differently doesn't mean they are to replace Bitcoin. With minor coins you can get any result by injecting a relatively small amount of fiat, thereby making it look like they are acting differently. Real difference comes from real use, but economically there is no reason to use anything other than Bitcoin. Strictly speaking, there is no particular reason to use even Bitcoin itself right now (i.e. for the exchange of anything on a grand scale), apart from specific niches like online gambling and speculation