Is Bitcoin Going To Zero?

[Epokicecool]

Lol, really, most ppl here in the forums prolly got in quite early. So at worst i would imagine most you are at break even or a slight loss perhaps. But people tend to forget where we started, around the hundreds (which are the hardcore ppl and actually ppl that invested a lot), So again, these ppl are still in for a massive profit even at this price. Besides the pump from last year was nothing short of ridiculous and bound to drop back.

But the question is not if btc will be zero, that is a dumb question, anything that has some sort of usefullness will never go to zero. So your question should be is bitcoin going to have a value? is btc going to be valuable to ppl, and what brings value to btc.

[dr.cheema]

New traders and investors behaving insane and they really don't know that Bitcoin is acting like past years.
Bitcoin is not going to zero and i am sure about it but Bitcoin can go down side never to Zero.
Bitcoin will rise and we will see next year we just need to HOLD and never ever panic, weak hands will sell out and move then prices will rise. 

[bitbunnny]

New traders and investors behaving insane and they really don't know that Bitcoin is acting like past years.
Bitcoin is not going to zero and i am sure about it but Bitcoin can go down side never to Zero.
Bitcoin will rise and we will see next year we just need to HOLD and never ever panic, weak hands will sell out and move then prices will rise. 

Exactly. According to majority of comments here on forum it looks like all come from new users and investors. Where are all "old", experienced Bitcoiners gone?
Volatility and risk, that is something that you first have to remember before you get involved in Bitcoin.
And the price will not go to zero but the price will not be high so soon either.

[max1616]

There have always been ups and downs in the market..In the past, Bitcoin experienced a similar loss of value..I don't believe this is an end.

[kalstarzz]

never do you think bitcoin will reach zero price, just because current prices tend to fall. You need to know that bitcoin has very often experienced events like now, and that is normal, and events like this won't deliver it to zero.

[Udrujec]

Another skeptical talk and nothing more. You are right, there will still be a lot of people who will hate bitcoin, although there is no good reason for this. I have not yet seen in articles like this any real reason that would really indicate that bitcoin has no real value.

[Pyr3x]

I do not think that today's drop will lead to a zero bitcoin value. Most likely, this is just a normal price fluctuation, which will soon stop. I do not see any prerequisites that could say that bitcoin is dying.

[Somsak-90]

It is evident that there are a lot of us predicting and shouting apocalyptic end of BTC. This panic has an impact on the price, but in really small amount. As someone mentioned, black market is a good stability sign of BTC. One of stability and survival signs, not the only one of course. BTC penetrated the market in more than one way and people will not let it drop easily. Think about major corporations that are supporting and using it, think about banks, states, countries showing their support, think about the money that circulates, think about the black market, small businesses starting to implement it..etc.

[setialovers]

I am agree that haters gonna hate. Better focus on our strategy and ignoring negatives news or FUDs. I am believe bitcoin will not to zero because financial institution already investing their money in this market

[princeyeboah]

Bitcoin is not going to zero. Bitcoin is facing this harsh conditions now because the correction phase after the bull market in December, 2017 lasted for long which led to panic selling which is being experienced now. This does not mean Bitcoin is going to die. Bitcoin will recover. Irrespective of how the bear market appears, let's keep holding, avoid panic sells and FUDs and create more awareness to attract new investors.

[Horas1976]

I don't think that far, bitcoin is still valuable and won't be zero. Each wheel continues to spin and there will be a good time to have a low and high value. It's better to look ahead and what actions are appropriate to do so that bitcoin remains valuable.

[PointHope]

Another skeptical talk and nothing more. You are right, there will still be a lot of people who will hate bitcoin, although there is no good reason for this. I have not yet seen in articles like this any real reason that would really indicate that bitcoin has no real value.

Actually there are plenty of reasons to hate Bitcoin.

Bitcoin is a truly disruptive technology.
If you are heavily vested in government, fiat banking, and associated cultures of corporate profit and greed you should be afraid of Bitcoin, very afraid.

Bitcoin is ushering in an era of government and business accountability which does not exist today.

[Nantiajak]

I do not believe that Bitcoin is back to zero. Because the current black market is using Bitcoin as the primary currency for transactions. Do you think that these illegal transactions use Bitcoin as a currency? Everything will never end if it is still selected.

[iMark]

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 dep 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.

I disagree if then bitcoin becomes a masintream and replaces fiat, but I believe that bitcoin still has a long way to go, many people who criticize bitcoin are proof that bitcoin is becoming known outside, so bitcoin won't be zero in the near term

[Lorence.xD]

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"

Well then, he just certainly contradicts his own claim to support his arguments which makes it weak to make people believe that what he have written in his article are worth believing. If he aims to strike back that Bitcoin is going to zero, he must not barely include the good thoughts because he is just making his side weak at the first place. Also, he or anybody cannot still claim that Bitcoin can go into such down point by just basing into the current happening within the crypto community not just with Bitcoin. Judgment cannot be barely claim once proven. So lets just boost everything up and stop thinking of the negatives.

[TBboys]

If this time is really the end of Bitcoin, then I guess we should not be too upset. Bitcoin is only the first crypto attempt. I believe that even if Bitcoin eventually fails, there will still be other crypto in the future. Maybe bitcoin is not the best.

[Shiversnow]

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.

[Alisa014]

market analysis for today: https://coinedtimes.com/btc-eth-xrp-bch-bsv-market-analysis/

[Gary Levanevskii]

I think that it is very unlikely that Bitcoin will drop to zero. This can happen if Bitcoin is attacked by double spend attack or someone has a large part of the hashrate and adversely affects the network.

[nghiemtamk]

If this time is really the end of Bitcoin, then I guess we should not be too upset. Bitcoin is only the first crypto attempt. I believe that even if Bitcoin eventually fails, there will still be other crypto in the future. Maybe bitcoin is not the best.

BTC is not a crypto attempt. Which altcoin that came after did make a bigger success and was created better and more successful and useful than BTC? Which one has greater support and let us say even the price? As in every area, it is crucial to be first in order to be the best. Plus all coins were made based on BTC's technology. New coins are trying to make some alterations so that they could be more appealing to the market and the masses, but no other revolutionary technology has been discovered yet that will replace BTC and block chain.